Communication and data-driven energy emergency forecasts are at the core of the ISO’s approach to operating New England’s power grid each winter.
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Prepared by Analysis Group, the study looks at the ability of different market design frameworks to meet regional decarbonization goals.
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The auction will begin on March 6, 2023.
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The projects represent an estimated $1.3 billion investment in reliability improvements through 2027.
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The annual report provides an analysis of retail rates in the six New England states, and current and historical data on the region’s wholesale electricity costs.
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The meeting will feature a keynote address by Phillip L. Bartlett II, chairman of the Maine Public Utilities Commission.
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Gordon van Welie discusses the current state of the region’s supply chains, as well as changes needed to achieve long-term decarbonization.
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The total estimated wholesale market cost of electricity in Fall 2021 was $2.2 billion, up 67% from $1.32 billion in Fall 2020.
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The December release of the 2021 Wholesale Markets Project Plan (WMPP) is now available on the ISO’s website.
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Since 2002, the ISO’s work in power system planning has facilitated $11.7 billion in transmission investment.
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