SPI News: ISO-NE submits proposal to strengthen performance incentives in New England’s Forward Capacity Market

Resource performance concerns driving FCM redesign

ISO New England submitted a proposal to the Federal Energy Regulatory Commission (FERC) on Friday, January 17, 2014, that provides stronger incentives for resources to undertake investments that ensure they can perform when the power grid is stressed. These changes to key elements of the Forward Capacity Market (FCM) are needed to address significant risks to the continued reliability of the region’s power grid.

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Happy Holidays from ISO New England!


ISO-NE CEO opinion article on New England’s natural gas dependency and its effect on grid reliability published in industry magazine 

Transmission & Distribution World Magazine, a publication geared toward electric power industry professionals, recently published an opinion piece by Gordon van Welie, ISO New England’s CEO, on New England’s growing dependence on natural gas to fuel half of the region’s electricity needs, the reliability concerns associated this dependence, and the need for regional collaboration to ensure that New England consumers can continue to have reliable electricity in the future.

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SPI News: Update on New England natural gas system study

Two whitepapers recently published as part of Phase Two of the study

Since identifying the region’s reliance on natural gas for electricity production as a key strategic risk for New England in 2010, a number of studies on the capability of the region’s natural gas system to serve increasing demand have been conducted and are continuing to help the ISO and the electric industry better understand this challenge and its effect on power system reliability.

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SPI News: FERC accepts ISO-NE's proposal to modify “shortage event” definition

New criteria is effective November 3, 2013

The Federal Energy Regulatory Commission (FERC) has approved ISO New England's proposal to modify the definition of a “shortage event” to bolster the incentives for resources to perform during times of power system stress.

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FERC accepts ISO-NE and NEPOOL proposal for flexible energy supply offers in real time

Latest market enhancement another step toward improving resource performance and mitigating natural-gas dependence risks

On July 1, ISO New England and the New England Power Pool (NEPOOL) jointly filed market rule revisions with the Federal Energy Regulatory Commission (FERC) to allow more flexibility for supply offers in the energy markets. These “offer flexibility changes” are one more step in the ISO’s Strategic Planning Initiative (SPI).

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