Entries in fcm (51)

Wednesday
Jan242018

FERC accepts capacity requirements for 2021/2022

The Federal Energy Regulatory Commission (FERC) has accepted ISO New England’s proposed Installed Capacity Requirement (ICR) value of 33,725 megawatts (MW) to be used in the 12th Forward Capacity Market auction (FCA #12), which commences February 5, 2018. The ICR is the amount of capacity (generation, demand-side resources, and imports) the ISO has determined needs to be available in 2021/2022 to meet the region’s projected peak demand, plus required reserves. 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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Monday
Jan082018

ISO-NE files proposal to harmonize competitive markets and state-sponsored resources 

ISO New England today filed proposed tariff changes with the Federal Energy Regulatory Commission (FERC) designed to help accommodate the entry of state-sponsored renewable resources into the Forward Capacity Market (FCM) over time, while protecting the competitive pricing mechanisms that enable the market to work as designed. The ISO’s proposal, Competitive Auctions with Sponsored Policy Resources (CASPR), was developed following the New England Power Pool’s (NEPOOL) Integrating Markets and Public Policy (IMAPP) process, a stakeholder forum aimed at identifying and discussing potential wholesale market design changes that would enable competitive markets to better accommodate state public policy objectives in New England.

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Wednesday
Jan032018

Customer readiness: Prepare for pay-for-performance, price-responsive demand, and other upcoming market changes

ISO New England has launched two new customer readiness pages to help market participants prepare for major adjustments to ISO systems and processes starting June 2018. The webpages detail deadlines customers must meet, scheduled sandbox sessions, related trainings, and technical documentation.

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Monday
Oct302017

Get easy access to helpful ISO-NE maps and diagrams on new webpage

ISO New England is pleased to announce the Maps and Diagrams webpage: a new one-stop-shop for many of the ISO’s most commonly used maps and diagrams related to the electric power system, the wholesale electricity marketplace, system planning, and industry relationships. The page is also a jumping off point to other informative pages across the ISO’s expansive website. The new page can be found under the About Us tab in the Key Grid and Market Stats section.

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Monday
May152017

FCM Participation Guide: now with info on price-responsive demand, automatic matching of new qualified capacity, and more

In continuing efforts to offer more user-friendly guidance for participants in the region’s Forward Capacity Market (FCM), ISO New England is pleased to announce another revision of its FCM Participation Guide.

Information and guidance has been added on the following topics of interest to new resources:

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Wednesday
May032017

2017 forecast of capacity, energy, loads, and transmission is published by ISO-NE

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

On May 1, 2017, ISO New England published the 2017-2026 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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