ISO Minute: Overseeing the energy markets

ISO Minute is a video series featuring ISO New England employees speaking about their experiences working for the region’s independent system operator and supporting the safe and reliable transition to clean energy. 

Designing, administering, and overseeing the region’s competitive wholesale electricity markets is one of three critical roles ISO New England performs in the region.

New England has two wholesale electric energy markets:

• The Day-Ahead Energy Market allows market participants to secure prices for electric energy the day before delivery and to hedge against price fluctuations that occur in real time.
• The Real-Time Energy Market balances the dispatch of generation and demand resources to meet the instantaneous demand for electricity throughout New England.

In this ISO Minute, Chris Geissler, director of Economic Analysis, explains how these markets connect buyers and sellers of electricity to ensure the constant availability of competitively priced power for the region’s 15 million residents. 

View market facts and stats in our Key Grid and Market Stats section. Follow real-time market data on ISO Express.