Entries in capacity (22)

Tuesday
Apr262016

2016 summer outlook: sufficient electricity supplies expected

Some natural gas generators may need to get their fuel from other sources during pipeline construction

Under normal weather conditions of 90 degrees Fahrenheit (F), electricity resources should be sufficient to meet consumer demand this summer, with a forecasted peak of 26,704 MW megawatts (MW). Extreme weather of 94°F could push up electricity demand to 29,042 MW. Construction work on the region’s natural gas pipeline infrastructure will require some power plants to obtain fuel from different sources. View the press release.

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Monday
Jan042016

Update on the 2015/2016 Winter Reliability Program

9/9/16 update: The chart has been updated with final program participation results. Despite “the winter that wasn’t” (read the winter 2015/2016 operations recap), the winter reliability program remains instrumental in augmenting New England’s fuel security.

In September, the Federal Energy Regulatory Commission approved a program for the current and next two winters to address seasonal reliability challenges created by constraints on New England’s interstate natural gas pipeline system. The previous programs for winters 2013/2014 and 2014/2015 proved to be cost-effective short-term solutions to help keep the lights on in New England during very cold winter days.

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Monday
Nov092015

ISO-NE releases updated discussion paper on the role of the capacity market in ensuring a reliable, renewable energy future

On October 30, 2015, ISO New England released the discussion paper, The Importance of a Performance-Based Capacity Market to Ensure Reliability as the Grid Adapts to a Renewable Energy Future. The paper has been updated from the original version published in June to include stakeholder feedback. The purpose of the paper is to inform discussions with the New England Conference of Public Utilities Commissioners (NECPUC), the New England States Committee on Electricity (NESCOE), and the New England Power Pool (NEPOOL) about the interaction of competitive wholesale electricity market design and state policy objectives for renewable energy.

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Thursday
Sep172015

FERC approves reliability program for winters 2015/2016, 2016/2017, and 2017/2018

Proposal selected is nearly identical to last year’s program

On July 15, 2015, ISO New England and the New England Power Pool (NEPOOL) filed alternative Winter Reliability Program (WRP) proposals with the Federal Energy Regulatory Commission (FERC) to address the region’s well-documented reliability challenges over the next three winters.

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Tuesday
Jun022015

FERC approves potential new capacity zone boundaries for FCA #10

The Federal Energy Regulatory Commission (FERC) has issued an order accepting a filing ISO New England submitted on April 6, identifying two potential new boundaries for capacity zones for the tenth Forward Capacity Auction (FCA #10). The filing is consistent with a FERC requirement that ISO New England have a process for determining the appropriate number of, and boundaries of, capacity zones in the New England region over time as conditions change. Under the FCM rules, new capacity zones must be approved by FERC before the qualification deadline for existing resources, which for FCA #10 is June 1, 2015. This also is the deadline for resource owners to submit delist bids. FCA #10 will take place in February 2016 for resources needed beginning June 1, 2019.

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Monday
Jan122015

Resources’ participation in 2014/2015 Winter Reliability Program improves fuel adequacy this winter

For the second year in a row, ISO New England has implemented a Winter Reliability Program (WRP) designed to address concerns about the ability of power system resources to perform when dispatched, especially during cold weather conditions. The program provides incentives for oil and dual-fuel generators (i.e., units that can run on either gas or oil) to increase oil inventories, for natural-gas-fired generators to contract for liquefied natural gas (LNG) to augment pipeline gas, and for new demand-response resources to be available. Another component of the WRP that will help bolster reliability beyond this winter is the incentive for gas-fired generators to invest in dual-fuel capability.

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