Entries in wholesale markets (23)

Tuesday
Oct102017

Get ready to fall back to Eastern Standard Time  

New England will return to Eastern Standard Time (EST) on Sunday, November 5, 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.

1. Bids and offers that use upload and downloads for the eM

Click to read more ...

Friday
Jul282017

ISO-NE CEO emphasizes importance of market changes, fuel security in appearance before Congress

On July 26, Gordon van Welie, President & CEO of ISO New England, testified on Capitol Hill on the ISO’s efforts to further electric reliability and prepare wholesale electricity markets for an expected influx of renewable energy resources driven by state public policy initiatives. At the hearing, the US House Committee on Energy & Commerce’s Energy Subcommittee heard from representatives from all seven U.S. Independent System Operators and Regional Transmission Organizations on the benefits of wholesale markets as well initiatives undertaken by individual ISO/RTOs to meet regionally-specific challenges.

Click to read more ...

Thursday
Jun222017

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

The June update of ISO New England's Wholesale Markets Project Plan (WMPP) is now online. The WMPP provides a biannual update of the market-related activities described in the ISO's Annual Work Plan (AWP), as well as updates on additional market-related activities pursued by the ISO. It’s published in summer and winter.

Wednesday
May312017

ISO-NE’s wholesale electricity and capacity markets were competitive in 2016

The 2016 Annual Markets Report, issued by the Internal Market Monitor at ISO New England, concluded that New England’s wholesale power markets were competitive in 2016. The report found that the average price for wholesale electricity was the lowest since 2003, driven by very low natural gas prices and unusually mild weather in the first quarter of 2016. The average wholesale price for electric energy was $28.94 per megawatt-hour, and the total value of the region’s energy market was $4.1 billion. View the report.

Wednesday
May032017

ISO-NE Chief Economist participates in FERC technical conference on markets and state policies

On May 1 and 2, ISO New England Chief Economist Dr. Matthew White participated in a Federal Energy Regulatory Commission (FERC) technical conference to “explore how the competitive wholesale markets can select resources of interest to state policy makers while preserving the benefits of regional markets and economic resource selection.” Dr. White joined two panels comprised of representatives from neighboring grid operators, the New England states, and other regional stakeholders.

Click to read more ...

Tuesday
May022017

Now online: WEM 101 training materials

Training materials from the Introduction to Wholesale Electricity Markets (WEM 101) course held April 3-7, 2017, are now posted to the ISO website. Scroll down the page and click on the link of choice. Email the training team with questions at MkTraining@iso-ne.com.