Entries in fcm (46)


SPI News: FERC accepts ISO-NE's proposal to modify “shortage event” definition

New criteria is effective November 3, 2013

The Federal Energy Regulatory Commission (FERC) has approved ISO New England's proposal to modify the definition of a “shortage event” to bolster the incentives for resources to perform during times of power system stress.

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Stakeholder discussions underway on ISO-NE's four-zone model for FCM; changes scheduled for FCA-9

ISO New England is targeting the ninth Forward Capacity Auction (FCA-9), scheduled for February 2015, to implement changes to the modeling of zones in the region’s Forward Capacity Market (FCM). The ISO filed a schedule with FERC on July 30 and will continue discussions with stakeholders to comply with a May 31, 2013, FERC order on zonal configuration.

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Massachusetts DPU issues order on capacity needs in Boston area

The Massachusetts Department of Public Utilities (DPU) issued a determination on March 15, 2013, that National Grid and NSTAR should not be required to enter into long-term contracts with developers of electricity generation in Northeast Massachusetts/Greater Boston (NEMA/Boston). The DPU ruled that such a move would only be justified with convincing evidence “that the competitive market had failed and that there were imminent reliability concerns,” conditions that do not exist at this time.

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SPI News: ISO New England releases capacity market white paper 

On October 22, ISO New England released a white paper detailing proposed changes to the Forward Capacity Market (FCM) aimed at increasing performance incentives for resources participating in the wholesale electricity markets. The ISO’s ongoing Strategic Planning Initiative has identified resource performance and flexibility as critical aspects of regional reliability.

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