Monthly wholesale electricity prices and demand in New England, March 2024
Energy market prices fell year over year.
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Industry News & Developments
ISO-NE collaborates with PJM and Penn State on DOE-backed project to bolster grid reliability
The project is one of six initiatives awarded grant funding from the Grid Deployment Office of the U.S. Department of Energy.
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Winter 2023/2024 recap: Warm weather, low peak demand contribute to lowest wholesale electricity prices in four years
The region saw its lowest winter peak demand since 1986/1987.
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New England power grid reliable throughout eclipse
Regional solar production dropped by an estimated 4,000 MW during the event.
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- solar, system demand, system operations
Monthly wholesale electricity prices and demand in New England, February 2024
Prices were down in both the Day-Ahead and Real-Time energy markets in February.
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Monthly wholesale electricity prices and demand in New England, January 2024
Higher demand and rising natural gas prices drove an increase in wholesale electricity prices in January.
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‘Duck curve’ days becoming more frequent as solar power spreads
In 2023, there were 73 days during which demand on the regional power grid was lower during the day than it was at night.
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ISO-NE files finalized capacity auction results
The results include a detailed breakdown of about 950 individual resource obligations encompassing a wide variety of technologies.
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Grid operators outline recommendations for gas-electric coordination
ISO-NE joined MISO, PJM, and SPP in releasing a position paper that identifies specific recommendations and suggested action steps.
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New England’s Forward Capacity Auction closes with adequate power system resources for 2027/2028
Nearly all of the new resources securing capacity supply obligations were energy storage, solar, wind, or demand-reducing resources.
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