Monday
Mar192018

Download March update of ISO-NE’s Annual Work Plan

ISO New England’s March update to its Annual Work Plan is now online. The work plan, published each September, outlines major priorities and activities for the year that are designed to improve upon existing ISO systems, practices, and services to New England. Detailed within are expected timelines and objectives related to planning/operations, markets, and capital projects. The ISO seeks stakeholder input on its work plan by sharing and discussing it with the Participants Committee. Ultimately, the work plan helps inform the ISO’s annual budget. For updates on markets projects, see the Wholesale Markets Project Plan page.

Monday
Mar192018

See the FCM Participation Guide for up-to-date guidance on the new substitution auction, price-responsive demand, and more

As the region’s Forward Capacity Market (FCM) continues to evolve in response to changes in public policies, regulatory requirements, and technology, market participants are encouraged to review ISO New England’s FCM Participation Guide. The online guide has recently been revised to reflect the latest FCM enhancements, including changes related to:

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Monday
Mar192018

ISO, FERC discuss grid resiliency at roundtable in Boston

On March 16, 2018, ISO New England President and CEO Gordon van Welie delivered a keynote address at the New England Electricity Restructuring Roundtable on the region's growing fuel security risk. FERC Commissioner Robert Powelson also gave a keynote on grid resiliency, touching on the Commission's Resilience Order.

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Thursday
Mar152018

ISO-NE responds to FERC's grid resilience order

ISO New England has filed its response to the January 8, 2018, Federal Energy Regulatory Commission Resilience Order.  The ISO’s response focuses on the most significant challenge for the New England bulk power system’s resilience – fuel security– or the assurance that power plants will have or be able to obtain the fuel they need to run during winter as coal, oil, and nuclear units retire, fuel infrastructure is constrained, and permits to operating dual-fuel generating capability remain difficult to obtain. The ISO  is  already  at  the  forefront  of  this  issue, having issued its Operational Fuel Security Analysis in January. In its March 9 response, the ISO requests the Commission afford the ISO time to work with regional stakeholders to develop a long-term solution to the fuel-security challenges. The response, however, indicates that, should circumstances dictate, the ISO will take the necessary actions to address near-term reliability risks. These topics are also covered in the ISO’s 2018 Regional Electricity Outlook.

Tuesday
Mar132018

New Pay-for-Performance training options

This seven-minute video provides an introduction to the new Pay-for-Performance (PFP) incentive program that goes into effect on June 1, 2018. 
 
This 20-minute web-based training provides an overview of PFP and explains what triggers the incentives and shows how performance payments are calculated. It also includes information on settlements reports that have changed or are new for pay for performance. (Note: This training includes the video above.) 

Email the training team with questions at MkTraining@iso-ne.com.
Monday
Mar122018

FERC issues order accepting CASPR revisions to Forward Capacity Market

The Federal Energy Regulatory Commission (FERC) issued an order on March 9, 2018, accepting ISO New England’s CASPR proposal in its entirety and rejecting all of the arguments raised in protests. The Commission notes that out-of-market state revenues can result in building more capacity than a region needs, overpayment by consumers for capacity, inefficiently low capacity market prices and the erosion of investor confidence. The Commission concludes that the CASPR proposal, along with the New England region’s minimum offer price rules (MOPR), appropriately addresses the issues associated with out-of-market state revenues while ensuring that the overall capacity market can continue to attract and maintain appropriate levels of new resource investment.

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