Entries in natural gas (37)

Thursday
Aug172017

Requests to participate in 2017/2018 Winter Reliability Program due October 1

Market participants: Requests to participate in the Oil Program, LNG Program, or Demand Response Program are due to ISO New England Customer Service by October 1, 2017. 

Read FERC approves reliability program for winters 2015/2016, 2016/2017, and 2017/2018 to learn more about the Winter Reliability Program and why the ISO is implementing these programs for the coming three winters.

See the Winter Program Payment Rate page for details on payment rates.

Monday
May222017

Update on ISO-NE study of fuel security challenges

ISO New England is conducting a study of fuel security challenges to the continued reliability of New England’s power system. In this context, fuel security refers to the ability of power plants to have or obtain the fuel required to generate electricity, especially during the winter peak season.

The study is examining more than a dozen scenarios of generating resource and fuel-mix combinations and will quantify each scenario’s fuel security risk—that is, the number and duration of energy shortfalls that would require implementation of emergency procedures to maintain reliability during the entire winter period in 2025. The study is not focused on the effects of expanded access to natural gas from the region’s pipeline network. The study is still underway, with completion expected by the end of October, 2017.

Read the full update.

Wednesday
May032017

Winter 2016/2017 recap: Power system performs well during generally mild weather

New England’s power system performed well during winter 2016/2017, though colder temperatures in December led to higher natural gas and wholesale electric prices compared to the prices seen during the record-setting warm weather of winter 2015/2016.

While January and February were milder than normal, temperatures in December 2016 averaged 32.4°F, more than 10°F colder than the previous December. Over the course of the winter New Englanders used 30,933 gigawatt hours (GWh) of electricity, slightly less than the 31,328 GWh used during the previous winter (which, as a leap year, included one extra day in February), but significantly less than the 33,709 GWh used during the much colder 2014/2015 winter, according to ISO New England data.

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Wednesday
Feb222017

ISO-NE launches 2017 Regional Electricity Outlook 

Annual report describes transformation of New England’s power system

ISO New England has published its 2017 Regional Electricity Outlook, an annual report looking at the challenges and trends impacting New England’s power system, as well as the innovative solutions the ISO and regional stakeholders are pursuing to ensure reliable electricity for the region’s homes and businesses—today and into the future. The report and companion webpages look back on the changes in New England’s electricity industry over the past two decades, while exploring the changes currently underway in the region.

A full version of the 2017 Regional Electricity Outlook is available for download.

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Wednesday
Feb012017

Regional air emissions 2015: slight year-over-year increase in CO2 levels; long-term reductions remain significant 

Since 2001, SO2 down 95%, NOx down 68%, CO2 down 24%

The retirement of Vermont Yankee Nuclear Power Station and the continuing trend of increased oil-fired generation in New England were factors in a slight increase in carbon dioxide (CO2) emissions in 2015 compared to 2014, as well as slowing year-on-year declines, as reported in the 2015 ISO New England Electric Generator Air Emissions Report, issued January 2017. However, significant retirements of coal-fired generation contributed to the region’s continuing long-term reductions in the emissions generated by the region’s power plants.

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Monday
Jan302017

Media briefing focuses on state of region’s electric grid 

ISO New England President and CEO Gordon van Welie provided reporters with an update on the state of New England’s electric system during a media briefing on Monday, January 30, 2017, held as part of the ISO on Background series. The briefing included information on New England’s power grid, the continuing transformation of the fuel resource mix and the fundamental challenges facing the region moving forward. New England is in the midst of a transition away from coal- and oil-fired power plants and towards a “hybrid” power system of larger generators, including renewable resources, and small behind-the-meter resources at customer sites. However, demand for natural gas continues to rise, challenging the region’s fuel security—the assurance that sufficient fuel will be available for power plants to generate the electricity when needed. 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.