Currently, about 700 megawatts (MW) of wind power generation are connected to the New England electric grid. An additional 2,800 MW of wind power are in the ISO’s generation interconnection queue, representing nearly 40% of all generation projects being proposed for development in the region. The ISO is taking steps to prepare for managing the grid with an increasing amount of this resource, which has operating characteristics different from traditional resources in that the fuel—wind—is available intermittently. One major initiative underway this year is the development of a centralized wind power forecast. In May, the ISO began publishing a seven-day wind forecast for New England. Each weekday, a CSV file is made available on the ISO website that provides an aggregate wind power projection for each hour for the next seven days. The forecast is still under development and is posted for informational purposes only; the full, final forecast should be operational before the end of 2013. The forecast is already providing useful data on the expected output of wind power resources in the region.
Entries in renewable resources (45)
On September 5, the Regional Greenhouse Gas Initiative (RGGI) held its 17th auction of carbon dioxide (CO2) allowances. Generators in the nine RGGI states bought a total of 24.5 million allowances in the auction, one for each ton of CO2 emitted in the compliance period. Bids for the CO2 allowances ranged from $1.93 to $6.51 per allowance, with a clearing price of $1.93, the minimum reserve price for the auction. With states generally holding excess allowances, sales of allowances in auction 17 represented only 65 percent of the 37.9 million allowances offered for sale. Proceeds from the auction amounted to $47.4 million, which the states typically spend on energy efficiency, clean and renewable energy, direct bill assistance, and other consumer benefit programs.
Boston Globe reporter Erin Ailworth traveled to ISO New England to speak with CEO Gordon van Welie about the challenges of running the grid. The interview appeared on November 28, 2010, as the Globe's "On the Hot Seat" feature of its business section. Read Ailworth's article, He keeps energy flowing, but worries about the future, on boston.com.