Entries in market monitoring (9)

Thursday
May172018

ISO-NE’s wholesale electricity and capacity markets were competitive in 2017

The 2017 Annual Markets Report, issued by the Internal Market Monitor at ISO New England, concluded that the region’s wholesale power markets were competitive in 2017. The report notes that the total cost of wholesale electricity markets was $9.1 billion in 2017, which represents an increase of about 20% over 2016’s record-low costs. Energy costs made up $4.5 billion of the total, with both capacity costs and regional network load costs at $2.2 billion in 2017. The costs for reliability services such as operating reserve, regulation, and net commitment period compensation, totaled about $200 million.

Thursday
May032018

Winter 2018 markets report reviews wholesale market outcomes during December 2017 and January and February 2018

The Winter 2018 Quarterly Markets Report prepared by the Internal Market Monitor (IMM) of ISO New England reviews wholesale energy market outcomes for the three-month period from December 1, 2017, through February 28, 2018.

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Friday
Mar092018

New! Market Monitoring: Energy Market Mitigation Overview web-based training curriculum

The Market Monitoring: Energy Market Mitigation Overview training curriculum will provide an overview of energy market mitigation, including developing reference levels, mitigation tests, and the consultation process that includes details regarding fuel-price adjustments. Approximate viewing time is 1 hour and 24 minutes. The preferred web browsers for viewing this training are Internet Explorer or Firefox. Email the training team with questions at MkTraining@iso-ne.com.

Friday
Mar022018

Fall 2017 markets report reviews wholesale market outcomes during September, October, and November 2017 

The Fall 2017 Quarterly Markets Report prepared by the Internal Market Monitor (IMM) of ISO New England reviews wholesale energy market outcomes for September, October, and November of 2017.

The Fall 2017 Quarterly Markets Report notes that the total wholesale cost of electricity (including energy, capacity, and ancillary services) during the three-month period was $1.74 billion, up 49% compared to the market value of $1.17 billion during the fall of 2016. The average real-time wholesale energy price was $30.45 per megawatt-hour, 23% higher than the average real-time price in fall 2016. Higher Forward Capacity Market prices were the biggest contributor to the increase in wholesale market costs relative to Fall 2016. Capacity costs totaled $769 million in Fall 2017, up 170% compared to Fall 2016. Energy costs totaled $925 million, up 12% compared to the prior fall. The year-over-year increase was primarily driven by natural gas prices that averaged $2.71 per million British thermal units, 10% higher than the average price during the fall of 2016. 

Wednesday
Dec272017

Summer 2017 markets report reviews wholesale market outcomes during June, July, and August 2017

The Summer 2017 Quarterly Markets Report prepared by the Internal Market Monitor (IMM) of ISO New England reviews wholesale energy market outcomes for the three-month period from June 1 through August 31, 2017.

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Monday
May082017

Winter 2017 markets report reviews wholesale market outcomes during December 2016 and January and February 2017

The Winter 2017 Quarterly Markets Report prepared by the Internal Market Monitor (IMM) of ISO New England reviews wholesale energy market outcomes for the three-month period from December 1, 2016, through February 28, 2017.

Click to read more ...