Entries in fcm (48)

Tuesday
May082018

2018 forecast of capacity, energy, loads, and transmission is published by ISO-NE

Energy usage and peak demand will decline slightly over the next 10 years

On April 30, 2018, ISO New England published the 2018-2027 Forecast Report of Capacity, Energy, Loads, and Transmission (CELT). The report is a primary source for assumptions used in ISO system planning and reliability studies. It provides a snapshot of the New England power system, including:

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Thursday
Mar292018

Draft load forecast indicates energy usage and peak demand will decline slightly over the next 10 years

ISO New England develops an annual projection of how much electricity the region will use every year for the next 10 years, as well as how high demand will peak during each of those years. The 10-year forecast is a key system planning tool, helping ensure New England has an adequate supply of resources to meet future demand and a transmission system that can do the job of carrying power to residents and businesses.

The draft long-term forecast for 2018 to 2027 projects that energy usage and peak demand will decline slightly in New England over the 10-year period. The primary factors are continuing installation of energy-efficiency measures and behind-the-meter photovoltaic (BTM PV) arrays throughout the region.

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Wednesday
Mar282018

Financial assurance for the Forward Capacity Market web-based training

Updated for Pay for Performance!

This web-based training provides details on financial assurance as well as the new pay-for-performance component of the Forward Capacity Market. The component, FCM delivery financial assurance, is effective on June 1, 2018, and is used to cover the potential loss from capacity supply obligations under the pay-for-performance market design. Approximate viewing time is 30 minutes. Please use Internet Explorer or Firefox for viewing this training. Consult the Customer Readiness Page for comprehensive information about the pay-for-performance project and its June 1, 2018, implementation. Email the training team with questions at MkTraining@iso-ne.com.

Monday
Mar192018

See the FCM Participation Guide for up-to-date guidance on the new substitution auction, price-responsive demand, and more

As the region’s Forward Capacity Market (FCM) continues to evolve in response to changes in public policies, regulatory requirements, and technology, market participants are encouraged to review ISO New England’s FCM Participation Guide. The online guide has recently been revised to reflect the latest FCM enhancements, including changes related to:

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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.

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