Entries in fcm (58)

Wednesday
Jan302019

Now online: Presentation and recording of FCM Delisting webinar

The presentation and recording of the January 24, 2019, FCM Delisting 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.

Monday
Jan282019

Capacity vs energy: a primer

Next week, ISO New England will run the 13th Forward Capacity Auction to secure the power system resources needed to meet peak demand in 2022-2023. The auction is run annually to ensure the region has the necessary resource capacity three years into the future. But what is capacity, and how does it differ from the energy markets the ISO runs on a day-ahead and real-time basis? ISO New England has put together a primer on these two measurements of energy, and how the two types of markets play into running the New England power system.

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Friday
Jan182019

Now online: Presentation and recording of FCM Existing Capacity Qualification Process webinar

The presentation and recording of the January 10, 2019, FCM Existing Capacity Qualification Process webinar are now available on the ISO New England website. This webinar informs market participants of the existing capacity qualification process for generation, imports, and demand resources that are participating in the fourteenth Forward Capacity Auction (FCA #14) to be held in February 2020 for the 2023-2024 Capacity Commitment Period. Email the training team with questions at MkTraining@iso-ne.com.

Tuesday
Jan152019

FERC accepts capacity requirements for 2022/2023

The Federal Energy Regulatory Commission (FERC) has accepted ISO New England’s proposed Installed Capacity Requirement (ICR) value of 34,719 megawatts (MW) to be used in the 13th Forward Capacity Market auction (FCA #13), which commences February 4, 2019. The ICR is the amount of capacity (generation, demand-side resources, and imports) the ISO has determined needs to be available in 2022/2023 to meet the region’s projected consumer demand. The ICR value is calculated using reliability requirements based on the probability of disconnecting load due to a resource deficiency (also referred to as Loss of Load Expectation or LOLE) no more than once every 10 years (1-in-10). 

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Friday
Nov092018

Now online: FCM 101 training materials

The training materials from Forward Capacity Market 101 (FCM 101) conducted on October 22-25, 2018, are now posted to the ISO New England website. To receive training information and updates, subscribe to ISO New England’s ISO Training mailing list. Email the training team with questions at MkTraining@iso-ne.com.

Tuesday
Oct302018

Now online: Presentation and recording of Forward Capacity Market Substitution Auction for FCA #13 webinar

The presentation and recording of the October 11, 2018, Forward Capacity Substitution Auction for FCA #13 webinar are now available on the ISO New England website. This webinar provides an overview of how the substitution auction will be conducted. It also includes information pertaining to substitution auction bid and offer submittals. Email the training team with questions at MkTraining@iso-ne.com.