Entries in generator retirement (15)

Wednesday
Jul102019

Work underway on ISO-NE’s first Order 1000 RFP

Retirement of Mystic Generating Station will cause transmission needs in the Boston area

ISO New England plans to issue its first competitive solicitation for transmission to address transmission needs caused by the retirement of the Mystic Generating Station in the mid-2020s.

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Wednesday
May082019

ISO-NE issues memo on resource re-entry, transmission security

ISO New England recently issued a memo to the New England Power Pool’s Participants Committee clarifying the ISO’s position on market re-entry of resources electing to retire, as well as related transmission security in the Northeastern Massachusetts/Boston area.

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Wednesday
Mar062019

ISO-NE publishes 2019 Regional Electricity Outlook 

ISO New England has published its 2019 Regional Electricity Outlook (REO), an annual report looking at the trends affecting New England’s power system and the innovative solutions the ISO is pursuing to ensure reliable electricity for the region’s homes and businesses—today and into the future. New England’s traditional power grid is rapidly becoming a hybrid system where electricity needs will be met by conventional resources and significant amounts of large-scale renewable resources connected to the regional transmission system, in combination with thousands of small resources connected directly to retail customers or local distribution utilities. The report describes how the ISO is working to solve the operational and market challenges that emerge during this major transformation. The 2019 REO is available at www.iso-ne.com/reo.

Wednesday
Feb282018

Annual media briefing focuses on state of region’s electric grid in 2018

As part of the ISO on Background series, ISO New England President and CEO Gordon van Welie provided reporters with an update on the state of New England’s power system during a media briefing on February 27, 2018. The briefing included an assessment of the regional power grid in 2018, as well as an overview of the current challenges. van Welie reported that New England’s power grid continues to operate reliably and the wholesale markets continue to provide competitive prices. However, the region’s growing fuel security risk, highlighted by a recent stretch of cold weather, is making reliable operations more tenuous. Competitive pricing in the wholesale markets is challenged by public policy initiatives to procure clean energy at above-market prices. View van Welie’s presentation and remarks from the event. Watch the briefing, or view van Welie’s presentation and remarks from the event.

ISO on Background is a series of periodic briefings designed to provide members of the media with an informal opportunity to learn more about the trends affecting New England’s electricity industry and ISO New England’s role in the region’s power system.

Tuesday
Aug292017

United States Department of Energy releases report on electric grid reliability and resilience

On August 23, the US Department of Energy released a report focused on a variety of challenges affecting the reliability and resiliency of the electric grid. The report was initiated by the Secretary of Energy in April, with a focus on the effects of various economic and political factors on electric grid operations, including baseload generation powered by nuclear and coal.

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Friday
Jul282017

ISO-NE CEO emphasizes importance of market changes, fuel security in appearance before Congress

On July 26, Gordon van Welie, President & CEO of ISO New England, testified on Capitol Hill on the ISO’s efforts to further electric reliability and prepare wholesale electricity markets for an expected influx of renewable energy resources driven by state public policy initiatives. At the hearing, the US House Committee on Energy & Commerce’s Energy Subcommittee heard from representatives from all seven U.S. Independent System Operators and Regional Transmission Organizations on the benefits of wholesale markets as well initiatives undertaken by individual ISO/RTOs to meet regionally-specific challenges.

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