Entries in wholesale markets (29)


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.


Registration is open for spring 2019 market training courses

ISO New England is pleased to announce that registration is open for spring 2019 market training classes, Wholesale Electricity Markets (WEM) 101 and WEM 201. Both courses will be held at The Hotel Northampton; each course requires attendance at all days for completion.

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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.


Get ready to fall back to Eastern Standard Time  

New England will return to Eastern Standard Time (EST) on Sunday, November 4, when at 2:00 a.m., clocks must be set back one hour to 1:00 a.m. Each of the ISO's market applications is unique and will function differently during this transition. Here are the things market participants need to know to prepare.

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2019 Annual Work Plan outlines major ISO-NE priorities and activities for coming year

ISO New England’s 2019 Annual Work Plan is now online. The work plan, published each September and updated each March, 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.