Entries in renewable resources (59)

Monday
Mar192018

Staying a Step Ahead: A look inside ISO-NE and the region’s changing power system

Have you ever wondered what it’s like in ISO New England’s control room? Or how the ISO fits into the region’s energy landscape? Staying a Step Ahead, released March 19, takes you inside the ISO, showcasing how the grid operator keeps the lights on across New England – today and in the future. Shot at the ISO offices and throughout New England, the video looks at the transformation occurring in New England, as the region transitions from a grid powered by oil and coal plants to one more reliant on renewable energy.

Learn more about the ISO’s three critical roles, and read about New England’s power system in the 2018 Regional Electricity Outlook.

Monday
Mar122018

FERC issues order accepting CASPR revisions to Forward Capacity Market

The Federal Energy Regulatory Commission (FERC) issued an order on March 9, 2018, accepting ISO New England’s CASPR proposal in its entirety and rejecting all of the arguments raised in protests. The Commission notes that out-of-market state revenues can result in building more capacity than a region needs, overpayment by consumers for capacity, inefficiently low capacity market prices and the erosion of investor confidence. The Commission concludes that the CASPR proposal, along with the New England region’s minimum offer price rules (MOPR), appropriately addresses the issues associated with out-of-market state revenues while ensuring that the overall capacity market can continue to attract and maintain appropriate levels of new resource investment.

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Wednesday
Feb282018

Annual media briefing focuses on state of region’s electric grid in 2018

As part of the ISO on Background series, ISO New England President and CEO Gordon van Welie provided reporters with an update on the state of New England’s power system during a media briefing on February 27, 2018. The briefing included an assessment of the regional power grid in 2018, as well as an overview of the current challenges. van Welie reported that New England’s power grid continues to operate reliably and the wholesale markets continue to provide competitive prices. However, the region’s growing fuel security risk, highlighted by a recent stretch of cold weather, is making reliable operations more tenuous. Competitive pricing in the wholesale markets is challenged by public policy initiatives to procure clean energy at above-market prices. View van Welie’s presentation and remarks from the event. 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.

Wednesday
Feb142018

ISO-NE publishes 2018 Regional Electricity Outlook 

ISO New England has published its 2018 Regional Electricity Outlook (REO), an annual report looking at the trends and challenges affecting New England’s power system, as well as the innovative solutions the ISO is pursuing to ensure reliable electricity for the region’s homes and businesses—today and into the future. The report describes changes to the region’s electric grid over the past two decades, and how the ISO is working to keep New England on the cutting edge as the region’s electricity industry rapidly evolves towards a future of renewable and natural gas resources.

The 2018 REO, as well as webpages that highlight and expand on information and statistics in the report, are available at www.iso-ne.com/reo.

Wednesday
Jan312018

Regional air emissions 2016: long-term reduction trends continue

Since 2001, SO2 down 98%, NOx down 73%, CO2 down 29%

Driven primarily by a decrease in coal and oil generation, regional emissions of sulfur dioxide (SO2), nitrogen oxides (NOx), and carbon dioxide (CO2) declined between 2015 and 2016, according to data compiled for the 2016 ISO New England Electric Generator Air Emissions Report. The year-over-year declines continued long-term reductions in the emissions generated by the region’s power plants.

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Monday
Jan082018

ISO-NE files proposal to harmonize competitive markets and state-sponsored resources 

ISO New England today filed proposed tariff changes with the Federal Energy Regulatory Commission (FERC) designed to help accommodate the entry of state-sponsored renewable resources into the Forward Capacity Market (FCM) over time, while protecting the competitive pricing mechanisms that enable the market to work as designed. The ISO’s proposal, Competitive Auctions with Sponsored Policy Resources (CASPR), was developed following the New England Power Pool’s (NEPOOL) Integrating Markets and Public Policy (IMAPP) process, a stakeholder forum aimed at identifying and discussing potential wholesale market design changes that would enable competitive markets to better accommodate state public policy objectives in New England.

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