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The ISO has procedures in place to deal with tight system conditions.
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The Federal Energy Regulatory Commission approved the ISO's proposal on Friday, May 27.
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The total wholesale market cost of electricity increased 38% in 2021, following record-low energy prices in 2020.
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Natural gas prices were nearly three times higher than April 2021, driving an increase in wholesale electricity prices.
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Mel Williams will formally join the board on October 1, 2022.
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Beginning around 2 p.m. on Wednesday, May 18, a critical hardware malfunction affected ISO New England’s computer networks. This outage …
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High natural gas prices drove an 85% year-over-year increase in the region’s wholesale market cost of electricity for the winter of 2022.
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The study, prepared by Analysis Group, looks at the ability of different market design frameworks to meet regional decarbonization goals.
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The region's annual net electricity use is projected to increase 14% by 2031 as the heating and transportation sectors go electric.
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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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