The New England governors convened a Northeast Forum on Regional Energy Solutions on April 23, 2015, in Hartford, Connecticut, to discuss regional energy challenges and potential solutions. The forum’s public session included two panels, one focused on New England’s energy infrastructure challenges, and the other focused on regional collaboration to support energy infrastructure solutions.
Entries in natural gas (35)
For the second year in a row, ISO New England has implemented a Winter Reliability Program (WRP) designed to address concerns about the ability of power system resources to perform when dispatched, especially during cold weather conditions. The program provides incentives for oil and dual-fuel generators (i.e., units that can run on either gas or oil) to increase oil inventories, for natural-gas-fired generators to contract for liquefied natural gas (LNG) to augment pipeline gas, and for new demand-response resources to be available. Another component of the WRP that will help bolster reliability beyond this winter is the incentive for gas-fired generators to invest in dual-fuel capability.
Energy market offer flexibility project explained: Q&A with Vamsi Chadalavada, ISO-NE’s executive VP and COO
On December 3, 2014, ISO New England completed major enhancements to the region’s wholesale energy market that will allow for more accurate price signals in the market and improve power grid reliability. View the press release, and continue reading to learn from Vamsi Chadalavada, ISO New England’s executive vice president and chief operating officer, about the Energy Market Offer Flexibility project, the reasons for undertaking such a massive project, and the benefits to the region’s wholesale electricity markets and to power system reliability.
Limited natural gas availability is driving up wholesale electricity prices and ultimately retail prices
Every month, consumers across New England receive an electric bill from their local utility that includes charges associated with keeping the lights on. A typical residential electric bill generally includes two types of charges: the cost of delivering power and the cost of power itself.
ISO-NE and NEPOOL file proposal with FERC to implement a Winter Reliability Program for winter 2014/2015
Updated on Tuesday, April 7, 2015 at 10:00AM by ISO New England
On July 11, 2014, ISO New England and the New England Power Pool (NEPOOL) filed with the Federal Energy Regulatory Commission (FERC) a proposal to implement a revised Winter Reliability Program (WRP) for the upcoming winter (2014/2015). This past winter, the ISO implemented the first WRP, which helped to increase the amount of oil inventory held by oil and dual-fuel generators in the region. The program proved to be critical in keeping the lights on throughout colder-than-normal winter conditions. That first WRP was intended to be a one-time solution to bridge a reliability gap. However, ISO New England’s operational experience last winter and other developments have prompted the ISO and NEPOOL to seek approval of another program to mitigate significant reliability concerns for the upcoming winter.
ISO-NE CEO visits NECN to discuss natural gas dependency, other challenges affecting the regional grid
The New England Cable News (NECN) station welcomed Gordon van Welie, president and CEO of ISO New England, on June 10, to be a guest on their show “CEO Corner,” hosted by business editor Peter Howe.