Monthly wholesale electricity prices and demand in New England, December 2022
Elevated natural gas prices throughout the month drove increases in wholesale electricity prices.
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ISO-NE anticipates normal system operations during upcoming cold weather
The expected short duration of the cold weather limits the potential for strain on the region’s stored fuel supplies.
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- Industry News & Developments
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- system operations, winter
ISO-NE publishes amounts, sources of electric energy used to meet demand in 2022
Output from solar installations increased by about a third from 2021 to 2022, rising to 3,607 gigawatt-hours.
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- Inside ISO New England
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- resource mix
FERC accepts ISO-NE solar power rule change
The changes will include front-of-meter solar resources under the existing “do not exceed” dispatch framework.
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- Industry News & Developments
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- clean energy, renewable resources, solar, system operations, wholesale markets
ISO advances modeling of solar, wind energy output
ISO New England recently added additional data points that will help more accurately predict the impact of BTM PV on the regional power grid.
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- Inside ISO New England
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- renewable resources, resource mix, solar, system operations, weather, wind
Registration open for series of February Forward Capacity Market webinars
Registration is now open for a series of February webinars focused on the FCM.
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Update on Christmas Eve capacity deficiency
This update helps correct any confusion, misinformation, and misunderstanding resulting from various news stories and social media posts.
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- Industry News & Developments
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- system operations, winter
Energy storage would aid transmission system under ISO-NE proposal
Certain storage resources would be used to prevent overloading the transmission system.
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- Industry News & Developments
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- energy storage, FERC, transmission planning
ISO-NE maintains system reliability through generator outages, loss of imports on Christmas Eve
The ISO declared a capacity deficiency, meaning the region’s supply of electricity was insufficient to meet required operating reserves in addition to satisfying consumer demand.
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- Industry News & Developments
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- capacity, forward capacity market, oil, system demand, system operations, wholesale prices
ISO-NE announces 2023 training schedule
Descriptions and registration links will be posted to the ISO New England calendar ahead of each training.
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- Market Participant Announcements, Market Participant Training
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- training
ISO-NE president outlines progress, next steps in clean energy transition
Challenges include an expected doubling of electricity demand and the region’s notoriously difficult siting processes for energy generation and transmission.
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- Inside ISO New England
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- clean energy, transmission planning