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The cost per megawatt-hour of load served was $49 in fall 2023, compared to $89 for the previous year.
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December 2023 saw New England's demand for grid electricity fall by about 4% year over year, due in part to warmer temperatures.
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A video recording and summary of the December meeting, held in Boston, Massachusetts, are available online.
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The approximate viewing time is 5 minutes.
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The ISO’s annual analysis of power system emissions draws information from Environmental Protection Agency databases and other sources.
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Work will continue in the new year and beyond to support state decarbonization goals and ensure New England has reliable electricity at competitive prices.
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FERC has accepted the ISO’s proposed Installed Capacity Requirement of 31,591 MW for the 2027/2028 commitment period.
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Wholesale electricity prices remained lower in November 2023 compared to the previous year.
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Under the new schedule, the 19th Forward Capacity Auction will be held in February 2026.
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Mallory Waldrip shares her work in compiling the 21-Day Energy Assessment Forecast and Report, a key tool for ISO-NE’s winter operations.
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