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.

Dr. White’s submitted statement discusses the ISO’s rationale for proposing a new two-stage, two-settlement process for the region’s capacity market. For more details on the ISO’s proposal, see “ISO-NE publishes discussion paper on proposed solution to harmonize competitive markets and subsidized resources.” The webcast for “FERC Technical Conference: State Policies and Wholesale Markets Operated by ISO New England Inc., New York Independent System Operator, Inc., and PJM Interconnection, L.L.C.” will be available for a few months after the meeting date.