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More solar, wind, and imported electricity will be critical to mitigating energy shortfall risks over the next decade, CEO Gordon van Welie said.
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While the probability remains low, the increase compared to winter 2027 reflects the impact of expected generation retirement coupled with a forecasted increase in demand.
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Stephen George and Jinye Zhao discuss their work on the Operational Impact of Extreme Weather Events study.
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Projects ranged from topics like managing the queue of projects seeking to interconnect to the transmission system to analyzing forecasted electricity use.
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Lower natural gas prices led to a 57% reduction in energy market costs in New England compared to the previous year.
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The ISO is expanding weather data collection from eight to 23 locations across the region to aid in forecasting consumer demand for electricity.
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The average natural gas price, a key driver of wholesale electricity prices, was down 64% compared to June 2022.
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The episode focused on electrification as New England transitions to clean energy.
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Topics included the ISO’s three critical roles and features of the ISO to Go app.
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Two teams of ISO employees presented on work the ISO is doing to ensure the reliability of the grid of today and tomorrow.
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