Thursday
Jun282012

ISO New England celebrates 15 years of operation

From the President and CEO, Gordon van Welie

On Sunday, July 1, 2012, ISO New England reaches a significant milestone: 15 years as the region’s grid operator. In that relatively short amount of time, the make-up and operation of the electric power system has changed dramatically. We’ve seen the addition of competitive markets and environmental policy spur growth in new, mostly low-carbon-emitting generating resources; an exponential increase in demand resources; and the entrance of more renewable resources, such as wind. The implementation of a collaborative regional system planning process has significantly increased the reliability of the system through hundreds of transmission projects and upgrades.

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Monday
Jun182012

Quarterly forum helps market participants understand changes to ISO settlements/billing processes

80+ participants attend Q2 forum; Q3 forum registration opens soon

On June 13, more than 80 attendees turned out for ISO New England's quarterly Settlements Issues Forum for Q2 2012. Launched in late 2011, these interactive, web-based meetings provide market participants with information on upcoming changes to ISO processes for settlement and billing of payments and charges for various transactions in the region’s electricity markets. The forums provide an opportunity for participants to ask questions of the ISO’s subject matter experts and gain a greater understanding of information that is critical to the successful administration of the markets

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Monday
Apr232012

ISO-NE, NYISO to implement Coordinated Transaction Scheduling

Efficiency Gains Expected to Reduce Wholesale Electricity Costs

Last week the Federal Energy Regulatory Commission (FERC) approved tariff revisions that will improve scheduling of wholesale electricity sales between ISO New England and the New York Independent System Operator and reduce costs for consumers in both regions. Coordinated Transaction Scheduling (CTS) will increase the frequency of scheduling energy transactions, making more efficient use of the transmission lines connecting the regions; enable the two ISOs to coordinate selection of the most economic transactions; and remove several fees that may impede efficient trade between regions. These changes have the potential to save millions of dollars annually and will improve the ability of market participants to access the lowest-cost source of power within the two regions.

Read the press release.

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Friday
Feb032012

ISO-NE creates energy-efficiency forecast methodology, launches EE forecast working group

ISO New England has created a methodology to generate a long-term energy-efficiency (EE) forecast of the region’s state-sponsored EE programs. The goal is to equip transmission planners with longer-term information about the impacts of growing investment in EE.

Data collection for the initial EE forecast is underway. The ISO has developed a tool to gather information on specific EE programs administered by utility program administrators, especially the production cost of these programs (the cost per megawatt-hour savings). On January 9, 2012, the ISO hosted a webinar for utility program administrators to explain the EE data gathering tool.

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Wednesday
Jan252012

New England power grid operating under normal conditions after solar-storm effects reach Earth

According to the NOAA/NWS Space Weather Prediction Center, a coronal mass ejection on the sun earlier this week caused the strongest solar radiation storm since 2003.

As the region’s grid operator, ISO New England monitors all types of weather, including solar storms, because bulk power system reliability can be affected under certain conditions. Learn more about solar magnetic disturbances and steps the ISO can take to maintain bulk power system reliability in the event of a predicted strong geomagnetic storm.

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Friday
Jan132012

ISO-NE and stakeholders are developing Order 1000 compliance plans

ISO-NE is largely in compliance with FERC’s recent order on transmission planning and cost allocation

The Federal Energy Regulatory Commission’s Order 1000, issued July 21, 2011, provides a  roadmap for regional planning and cost allocation for transmission projects in North America. The order addresses several  complex issues that are deemed to be essential for open, transparent, and efficient transmission planning, but that have been addressed with varying success in different parts of the country.

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