FERC approves ISO-NE, NEPOOL request to delay 2025 capacity auction
Under the new schedule, the 19th Forward Capacity Auction will be held in February 2026.
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Under the new schedule, the 19th Forward Capacity Auction will be held in February 2026.
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A delay would allow the ISO and stakeholders more time to complete the Resource Capacity Accreditation project.
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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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Preliminary results indicate the clearing price was among the lowest in the auction’s history.
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The ISO declared a capacity deficiency, meaning the region’s supply of electricity was insufficient to meet required operating reserves in addition to satisfying consumer demand.
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The ISO has procedures in place to deal with tight system conditions.
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The proposal will continue the region’s clean energy transition, while protecting power system reliability.
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The transition proposal, which includes a renewable technology resource (RTR) exemption, will serve the region with a dual objective of protecting power system reliability while having state-sponsored resources gain entry to the market.
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ISO New England is working with the New England states and New England Power Pool (NEPOOL) stakeholders to eliminate the …
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New England should have the necessary resources to meet peak consumer demand for electricity this summer under both typical and …
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