Entries in energy markets (9)

Tuesday
Feb212017

ISO-NE files comments as part of proposed FERC rules on energy storage

Comments highlight grid operator’s support of proposal goals

ISO New England filed comments with the Federal Energy Regulatory Commission (FERC) on February 13, 2017, in response to the commission’s Notice of Proposed Rulemaking (NOPR), which is aimed at better integrating emerging energy storage technologies and distributed energy resources into organized wholesale electric markets.

FERC launched the NOPR process on November 17, 2016, out of concern that new storage technologies and distributed energy resources face barriers to participating in wholesale markets across the country. The proposal looks to establish market rules that better accommodate the physical and operational characteristics of battery storage technologies and to enable participation of aggregations of distributed energy resources.

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Friday
Jan132017

FERC accepts market changes to accommodate energy storage in ISO-NE energy markets

The changes, which go into effect December 2018, provide greater flexibility for new storage technologies to participate in the wholesale electricity marketplace

On December 9, 2016, the Federal Energy Regulatory Commission (FERC) accepted changes to ISO New England’s market rules to allow energy storage to participate as dispatchable resources in the Day-Ahead and Real-Time Energy Markets, while continuing to participate as alternative technology regulation resources (ATRRs) in the Regulation Market.

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Wednesday
Oct122016

Get ready to fall back to Eastern Standard Time  

New England will return to Eastern Standard Time (EST) on Sunday, November 6, when at 2:00 a.m., clocks must be set back one hour to 1:00 a.m. Each of the ISO's market applications is unique and will function differently during this transition. Here are the things market participants need to know to prepare.

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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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Monday
Sep142015

ISO-NE launches new Net Commitment Period Compensation (NCPC) summary 

ISO New England has begun publishing a weekly Net Commitment-Period Compensation (NCPC) summary to its Market Performance Reports webpage. As part of this new approach, NCPC information will no longer appear in the ISO’s Weekly Market Summary and accompanying spreadsheet.

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Wednesday
Jun172015

New LMP Calculator helps improve real-time price formation

On May 27, ISO New England replaced its Locational Marginal Price (LMP) Calculator, the automated software that determines real-time energy and reserve prices. The revised LMP Calculator helps create a system in which the preliminary prices produced by the LMP Calculator, the price signals sent by the ISO’s dispatch software, and the final prices used in settling the markets are more closely aligned. The new software also eliminates the need for special pricing rules regarding the eligibility of resources to set price.

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