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Elevated natural gas prices throughout the month drove increases in wholesale electricity prices.
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The expected short duration of the cold weather limits the potential for strain on the region’s stored fuel supplies.
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The changes will include front-of-meter solar resources under the existing “do not exceed” dispatch framework.
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This update helps correct any confusion, misinformation, and misunderstanding resulting from various news stories and social media posts.
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Certain storage resources would be used to prevent overloading the transmission system.
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The ISO declared a capacity deficiency, meaning the region’s supply of electricity was insufficient to meet required operating reserves in addition to satisfying consumer demand.
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Year-over-year demand for electricity fell 2.3% in November.
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Adequate electric supplies are expected under mild and moderate weather.
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Wholesale power prices decreased year over year, due in part to lower consumer demand.
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Four upgrades were placed into service in the last few months, according to the October update of the ISO’s Regional System Plan Project List.
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