Entries in wholesale markets (30)


Register today: WEM 201 in June

Registration is open for Intermediate Wholesale Electricity Markets (WEM 201) to be held at The Hotel Northampton on June 11-13, 2019, from 8:30 a.m. - 5:30 p.m. This three-day course provides an intermediate-level treatment of energy market concepts, including unit commitment, locational marginal pricing (LMP), energy and reserve co-optimization, market interactions, settlement mechanics, and Financial Transmission Rights (FTRs). Note: The third day is filled with hands-on group exercises designed to reinforce the use of market tools to facilitate a better understanding of how to accomplish market goals. WEM 201 is intended for those with knowledge of the New England wholesale electricity markets at an introductory level who wish to advance to an intermediate level. Attendees should have at least two years of industry experience and/or attended WEM 101 to optimize the benefits of WEM 201, which builds on WEM 101. Attendance on all three days is required for completion. Register.

See the full classroom and webinar schedule. Email the training team with questions at MkTraining@iso-ne.com.


Now online: Training materials for WEM 101

Training materials from Introduction to Wholesale Electricity Markets (WEM 101) conducted on April 29-May 3, 2019, are now posted to the ISO New England website. This is a comprehensive five-day course about the New England wholesale electricity markets including an introduction to the Forward Capacity Market. It is intended for individuals who are new to the New England wholesale electricity markets or who need a refresher.


Download spring update of ISO-NE’s Annual Work Plan

ISO New England’s spring update to its Annual Work Plan is now online. The work plan, published each September, outlines major priorities and activities for the year that are designed to improve upon existing ISO systems, practices, and services to New England. Detailed within are expected timelines and objectives related to planning/operations, markets, and capital projects. The ISO seeks stakeholder input on its work plan by sharing and discussing it with the Participants Committee. Ultimately, the work plan helps inform the ISO’s annual budget. For updates on markets projects, see the Wholesale Markets Project Plan page.


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.


ISO-NE CEO appears on "A CEO's Virtual Mentor" podcast

Gordon van Welie, ISO New England’s president and CEO, recently joined Tom Linquist, host of Leadership Lyceum’s A CEO’s Virtual Mentor podcast, to discuss the ISO’s role in New England’s evolving power system. During the 35-minute conversation, van Welie and Linquist discussed the origin of ISO New England and the changes in the industry over the past two decades. Throughout the show, van Welie talked about the region’s changing resource mix and how ISO staff work to integrate new resources. The podcast is available on the Leadership Lyceum website, as well as Apple Podcasts, Google Play, and Spotify.


Download the latest edition of ISO-NE’s Wholesale Markets Project Plan

The December release of 2018 Wholesale Markets Project Plan (WMPP) is now available on the ISO’s website. The WMPP describes the current status of market initiatives (including the progress of market projects cited in the Annual Work Plan) and is updated biannually in the summer and winter. Stakeholders can stay up-to-date on market projects by following them from introduction to implementation within the WMPP webpage, which consolidates access to the Annual Work Plan, WMPP, Markets Committee Two-Month Look-Ahead Forecast, Markets Committee meeting agendas and materials, Key Projects and a listing of Closed Market Design Projects. Quick links to FERC Filings and Orders and our Customer Readiness page are also available to further inform and support NEPOOL’s Principal Committees.