Entries in regulation market (6)

Tuesday
Feb212017

ISO-NE files comments as part of proposed FERC rules on energy storage

Comments highlight grid operator’s support of proposal goals

ISO New England filed comments with the Federal Energy Regulatory Commission (FERC) on February 13, 2017, in response to the commission’s Notice of Proposed Rulemaking (NOPR), which is aimed at better integrating emerging energy storage technologies and distributed energy resources into organized wholesale electric markets.

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Friday
Jan132017

FERC accepts market changes to accommodate energy storage in ISO-NE energy markets

The changes, which go into effect December 2018, provide greater flexibility for new storage technologies to participate in the wholesale electricity marketplace

On December 9, 2016, the Federal Energy Regulatory Commission (FERC) accepted changes to ISO New England’s market rules to allow energy storage to participate as dispatchable resources in the Day-Ahead and Real-Time Energy Markets, while continuing to participate as alternative technology regulation resources (ATRRs) in the Regulation Market.

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Wednesday
Jun222016

New energy-storage options emerging in New England; ISO-NE publishes primer and makes FERC filing on market participation

June 22 update: Information added on ISO-NE’s May FERC filing. Proposed project megawatts (MW) were also updated to reflect the withdrawal of 50 MW of battery storage to have been included as part of a proposed new natural-gas-fired generator.

For the first time, grid-scale (or utility-scale) battery storage projects are seeking to join New England’s regional power system. Late last year, three projects with a combined 94 megawatts (MW) in nameplate capacity applied for interconnection in Maine, with one planning to go live by the end of 2016 and the other two in 2019.*

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Tuesday
Apr072015

Redesigned Regulation Market now in effect

Rollout was final step toward FERC requirements to adjust compensation mechanisms and expand participation to new technologies

On March 31, ISO New England’s redesigned Regulation Market went into effect, along with related updates to the eMarket application for market participants and the ISO dispatch software. The changes were a culmination of regional efforts begun in 2008 to address nationwide Federal Energy Regulatory Commission (FERC) requirements.

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Friday
Feb202015

Implementation of new Regulation Market to bring changes to settlements and MIS reporting 

ISO-NE offers resources to help market participants prepare

ISO New England will be implementing changes to the Regulation Market on March 31, 2015. The changes comply with Federal Energy Regulatory Commission (FERC) Order No. 755, Frequency Regulation Compensation in Organized Wholesale Power Markets, which requires a two-part payment methodology to select and compensate frequency regulation resources.

Major settlement-related market changes include the following:

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Friday
Jan232015

New Regulation Market goes live March 31; eMarket sandbox open

Test the new regulation offer format and preload your pricing data now

As part of the ISO’s new Regulation Market, offers submitted via eMarket software must be in a new format starting April 1, 2015. The changes comply with Federal Energy Regulatory Commission (FERC) Order No. 755, Frequency Regulation Compensation in Organized Wholesale Power Markets, which requires a two-part payment methodology to select and compensate frequency regulation resources.

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