Entries in wholesale markets (23)

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.

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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.

Monday
Apr242017

ISO-NE publishes discussion paper on proposed solution to harmonize competitive markets and subsidized resources

ISO New England has published "Competitive Auctions with Subsidized Policy Resources." This discussion paper details the ISO’s proposal to address concerns about subsidized new resources’ participation in the Forward Capacity Market and their potential effects, including depressed prices or excess capacity. Read highlights of the proposal published last week.

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Friday
Apr212017

ISO-NE proposes solution to harmonize competitive markets and subsidized resources

ISO New England has posted a four-page outline of its proposal to address concerns about subsidized new resources’ participation in the Forward Capacity Market and their potential effects, including depressed prices or excess capacity. The ISO’s concept proposes to closely coordinate the entry of (subsidized) new resources with the exit of (unsubsidized) existing capacity resources. A more detailed paper explaining the proposal will be released in the near future.

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