Entries in fcm (30)

Tuesday
Jul052016

New edition of online FCM Participation Guide now available

The FCM Participation Guide provides quick and easy access to instructions for operating in the region’s Forward Capacity Market

Interested in qualifying a new capacity resource? Want to learn more about the new retirement delist bid process? Need to shed a capacity supply obligation? You can quickly find instructions for all that and more in the ISO’s newly revised FCM Participation Guide. The ISO developed the online guide in 2015 in response to stakeholder requests for additional guidance on completing FCM processes.

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Thursday
May122016

Long-term forecasts: Electricity usage will remain flat and peak demand is expected to grow slowly

ISO-NE has published its annual CELT, energy efficiency, and PV forecasts

ISO New England has published its 2016-2025 Forecast Report of Capacity, Energy, Loads, and Transmission (CELT), a primary source for assumptions used in ISO system planning and reliability studies. It provides a 10-year snapshot of the New England power system, including the total generating capacity of resources in the region, the breakdown of the region’s generators by fuel type, a link to the list of transmission projects proposed, planned, and under construction to ensure system reliability, and the long-term forecast for growth in energy use and peak demand. ISO New England’s long-term forecast for electricity use is developed each year using state and regional economic forecasts, 40 years of weather history in New England, and other factors. The CELT also includes results from the ISO’s latest energy-efficiency (EE) forecast and solar photovoltaic (PV) forecast, which project the load-reducing effects of EE resources and “behind-the-meter” PV resources connected at customer sites to local distribution systems.

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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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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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Friday
Apr242015

FERC accepts rule changes for regional Elective Transmission Upgrades

New mechanisms for ETUs now in effect

On April 14, 2015, the Federal Energy Regulatory Commission accepted proposed changes to rules related to Elective Transmission Upgrades (ETUs)—merchant-funded transmission interconnections in New England.

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Monday
Feb092015

Coming February 24: ISO-NE to release new Energy-Efficiency Measure database for resources in the FCM

Sandbox environment already open for participants with EE projects

New England is a national leader in developing energy-efficiency (EE) policies and programs. The region now has 1,500 megawatts of EE resources providing capacity in the Forward Capacity Market (FCM), and this amount is likely to increase as the six states are expected to invest more than $6 billion in EE between 2017 and 2023.

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