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The Wholesale Markets Project Plan is published every summer and winter, and is a companion piece to the ISO’s Annual Work Plan.
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Record energy prices defined the energy market in 2022, according to the latest annual report by ISO New England’s Internal Market Monitor (IMM).
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Five upgrades were placed into service in the last few months, according to the June 2023 update to the Regional System Plan Project List.
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The total estimated wholesale market cost of electricity for winter 2023 was nearly $1 billion less than the previous winter.
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Carbon dioxide emissions in 2021 were 20% lower than a decade ago.
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The region’s annual net electricity use is expected to increase about 23% by 2032 due to accelerating electrification of the heating and transportation sectors.
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Three upgrades were placed into service in the last few months, according to the March update of the Regional System Plan Project List.
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The total estimated wholesale market cost of electricity for the fall of 2022 was $2.39 billion.
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The report, “Vision in Action: ISO New England’s Strategic Plan,” outlines the ISO’s key goals and initiatives.
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High natural gas prices continued to drive up wholesale electricity prices.
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