Add quotation marks to find an exact phrase (e.g., “offshore wind”).
In his remarks, CEO Gordon van Welie discussed the three variables that could lead to challenging operating conditions this winter.
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ISO New England expects to have the resources needed to meet consumer demand for electricity if the winter is mild.
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Prices were up in both the day-ahead and real-time markets.
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Since 2002, the ISO’s work in power system planning has facilitated $11.7 billion in transmission investment.
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The 2021 Regional System Plan looks at the expected changes to New England’s power system through 2030 from factors driving grid transformation, including economic decisions of market participants, environmental goals developed to combat climate change, changing patterns of electricity use, and resource adequacy needed to maintain required reliability criteria.
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Electricity use in September 2021 increased 4.3% from last year.
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Demand for electricity in June, July, and August was up 3.4% from last year.
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The average price of natural gas more than doubled from August 2020 to August 2021.
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Two-thirds of all new generation proposals in the ISO’s Interconnection Queue are for wind projects totaling more than 19,000 megawatts.
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Energy usage for the month decreased 10.4% from July 2020.
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