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As the region’s resource mix evolves, so too must the methods by which ISO New England measures capacity contributions.
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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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The webinar was held on March 29.
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The reduction was equal to the amount of energy consumed by about 430,000 homes in one year.
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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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Lower natural gas prices and lower demand led to year-over-year declines in wholesale power prices.
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In this brief video, CEO Gordon van Welie outlines the physical requirements that must be met in support of tomorrow’s greener grid.
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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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The presentation and recording of the March 2, 2023, Quarterly Settlements Forum webinar are now available on the ISO New England website.
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The program will feature a panel titled “What is the energy transition, and what does it mean for ISO New England?”
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