Entries in fcm (46)

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.

Click to read more ...

Friday
Mar092018

Now online: FCA #13 Show of Interest webinars for new generation, imports, DR

The presentation and recording of the following webinars held on February 27, 2018, are now available for download:

FCM Show of Interest for New Demand Resources
FCM Show of Interest for New Generation and Imports

These webinars inform prospective project sponsors and market participants about the requirements and submittal process for the Show of Interest (SOI) for the thirteenth Forward Capacity Auction (FCA #13) held in February 2019 for the 2022-2023 Capacity Commitment Period. The focus of this training is on how and when to submit the SOI and the information required for FCA qualification. Email the training team with questions at MkTraining@iso-ne.com.

Friday
Mar092018

Now online: Presentation and recording of Q1 Settlements Issues Forum webinar

The presentation and recording of the March 8, 2018, Quarterly Settlements Forum  webinar are now available on the ISO New England website. The webinar presents information on ISO New England settlements and billing, including the following topics: performance incentives in the Forward Capacity Market and price responsive demand. Email the training team with questions at MkTraining@iso-ne.com.

Wednesday
Feb282018

Finalized capacity auction results confirm FCA #12 procured sufficient resources, at a lower price, for 2021–2022

Finalized results from the 12th Forward Capacity Auction (FCA #12) confirm that the auction, conducted on February 5 and 6, concluded with sufficient resources to meet electricity demand in 2021–2022, at the lowest price in five years. While the auction closed with enough resources to meet demand, the ISO rejected two bids from resources looking to withdraw from the capacity market for the one-year capacity commitment period. The ISO’s mandatory transmission reliability review showed that transmission lines in Greater Boston could be overloaded if the resources, Mystic 7 and Mystic 8, were not available during 2021-2022. ISO New England filed the results with the Federal Energy Regulatory Commission (FERC) on February 28. The FERC filing includes a list of resources that have an obligation to be available in that capacity commitment period. Read the press release.

Friday
Feb092018

Now online: Presentation and recording of FCM Delist webinar

The presentation and recording of the January 25, 2018, FCM Delist webinar are now available on the ISO New England website. This webinar provides market participants with information about the Internal Market Monitor's (IMM) delist cost review process as well as how to complete the IMM's published cost workbooks according to the current market rule. Email the training team with questions at MkTraining@iso-ne.com.