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The proposal will continue the region’s clean energy transition, while protecting power system reliability.
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High natural gas prices continued to drive year-over-year increases in wholesale power prices.
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The auction will begin on March 6, 2023.
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The projects represent an estimated $1.3 billion investment in reliability improvements through 2027.
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The auction secured capacity commitments of 32,810 megawatts to meet the region’s projected demand for electricity in 2025-2026.
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Spearheaded by the Woods Hole Oceanographic Institution, the multi-year effort includes over a dozen industry leaders in offshore wind research and production.
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ISO New England is collaborating with the Electric Power Research Institute (EPRI) to perform a probabilistic energy security study.
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Registration is now open for the Introduction to Wholesale Electricity Markets (WEM 101) webinar, scheduled for April 25-28, 2022. The …
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Preliminary clearing prices ranged from $2.639 per kilowatt-month to $2.531 kW-month across different pricing zones.
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The annual report provides an analysis of retail rates in the six New England states, and current and historical data on the region’s wholesale electricity costs.
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