Entries in natural gas (47)

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
Mar062019

Environmental Advisory Group discusses emissions trends 

ISO New England’s Environmental Advisory Group (EAG) teleconference met on January 29, 2019, to update stakeholders on the status of environmental regulations of interest to New England, regional and national trends in greenhouse gas emissions, and the Draft 2017 ISO New England Electric Generator Air Emissions Report (Emissions Report). Representatives from the US Environmental Protection Agency (EPA), the New England States Committee on Electricity, Connecticut and Massachusetts regulatory agencies, conservation groups, consulting companies, and the ISO participated. Here are some highlights.

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Wednesday
Feb202019

Annual media briefing focuses on state of region's electric grid in 2019

ISO New England President and CEO Gordon van Welie updated reporters on the state of the region’s power system during a media briefing on February 20, 2019. New England’s power system is operating from a strong foundation, but vulnerabilities still exist. ISO New England is facing increasing complexities in operating the grid with a shifting resource mix, and in maintaining markets that are truly competitive while accommodating public policy goals. The briefing explored these issues, while providing more information on how New England’s power system is faring, what the ISO sees on the horizon, and preparations for the future grid. Also included is an appendix with facts and figures about the power system, including 2018 data.

Watch the briefing, or view van Welie’s presentation and remarks from the event.

Thursday
Dec202018

Regional air emissions 2017: long-term reduction trends continue 

Since 2001, SO2 down 98%, NOx down 74%, CO2 down 34%

Regional emissions of sulfur dioxide (SO2), nitrogen oxides (NOx), and carbon dioxide (CO2) declined in 2017 compared to the previous year, according to preliminary data compiled for the draft 2017 ISO New England Electric Generator Air Emissions Report. The lower emissions were due largely to a decline in electricity generation by power plants that use fossil fuels. The year-over-year declines continued long-term reductions in the emissions produced by New England power plants.

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Wednesday
May232018

Monthly wholesale electricity prices and demand in New England, April 2018

Demand was low, particularly on April 21; natural gas and wholesale power prices rose in April

April 2018 stood out for near-record-low demand for power and a first-ever instance of lower daytime demand than nighttime demand in New England. Despite the low demand, higher prices for natural gas drove up the price of wholesale electricity for the month.

The average monthly price for natural gas rose nearly 60% during April compared to the prices recorded during April 2017. The average wholesale power price for the month of April 2018 also rose in both the day-ahead and real-time energy markets when compared to the previous year. The day-ahead energy price was up 53.9% to $45.00 per megawatt-hour (MWh)* and the real-time energy price rose 37.7% to $43.38/MWh.

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Wednesday
Apr252018

Winter 2017/2018 recap: Historic cold snap reinforces findings in Operational Fuel-Security Analysis

Weather always plays a crucial role in how ISO New England operates the region's power grid, and that was certainly the case as New England faced a historic two-week cold snap in late December and early January that sent temperatures plunging and nearly pushed the bulk power system to the brink.

"The cold temperatures, together with winter storms and other complicating factors, led to some of the most challenging conditions our system operators have ever had to navigate," said Peter Brandien, ISO New England's vice president for system operations.

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