New England again sets record for low demand on regional power system
Grid demand on April 9, 2023 was 750 MW lower than the previous record, set last May.
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- solar, system demand, system operations
Inside ISO New England
ISO-NE updating accreditation standards to ensure resource reliability
As the region’s resource mix evolves, so too must the methods by which ISO New England measures capacity contributions.
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- forward capacity market, future grid, resource mix
Winter 2022/2023 recap: Wholesale prices drop during warm season marked by cold snaps
The period from December through February averaged 5°F warmer than normal. Meanwhile, electricity demand dropped by 4% compared to last winter.
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- system operations, weather, wholesale markets, wholesale prices, winter
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
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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- monthly prices, natural gas, wholesale markets
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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- FERC, transmission planning