Solar power reduced New England power grid demand by 3% in 2022
The reduction was equal to the amount of energy consumed by about 430,000 homes in one year.
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- clean energy, resource mix, solar
Inside ISO New England
Monthly wholesale electricity prices and demand in New England, February 2023
Lower natural gas prices and lower demand led to year-over-year declines in wholesale power prices.
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Finalized capacity auction results underscore region’s clean energy transition
More than 1,200 resources secured capacity supply obligations, ranging from 1 kW to 1.2 GW and encompassing a variety of fuels and technologies for the 2026-2027 period.
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- capacity, energy storage, FCA 17, FERC, forward capacity market, future grid, offshore wind, renewable resources, solar, wholesale markets, wind
New England’s Forward Capacity Auction closes with adequate power system resources for 2026/2027
Preliminary results indicate the clearing price was among the lowest in the auction’s history.
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Monthly wholesale electricity prices and demand in New England, January 2023
Prices in the Real-Time Energy Market were down 66% compared to January 2022.
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Forward Capacity Auction 17 set for March 6
The auction procures resources to meet the region’s capacity needs in three years.
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Improvements eyed for ISO-NE economic study process
The goal is to help inform future decisions in transmission investment as New England transitions toward a clean energy future.
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Monthly wholesale electricity prices and demand in New England, December 2022
Elevated natural gas prices throughout the month drove increases in wholesale electricity prices.
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- monthly prices, natural gas, wholesale markets, wholesale prices
ISO-NE anticipates normal system operations during upcoming cold weather
The expected short duration of the cold weather limits the potential for strain on the region’s stored fuel supplies.
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- system operations, winter
ISO-NE publishes amounts, sources of electric energy used to meet demand in 2022
Output from solar installations increased by about a third from 2021 to 2022, rising to 3,607 gigawatt-hours.
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- resource mix