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Market design discussions will continue as the ISO prepares to take its proposals to FERC later this year.
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The new Day-Ahead Ancillary Services Market will give the power grid greater flexibility as renewable resources and electrified heating and transportation increase.
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The plan lists the status of 10 market initiatives as of December 2024.
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The plan lists the status of 20 market initiatives as of June 2024.
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The delay gives ISO-NE and stakeholders time to develop a new structure for the market that helps ensure sufficient energy resources for the region.
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The proposed prompt/seasonal structure would better ensure power system reliability and cost-efficiency as the resource mix evolves.
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Following FERC’s order, DASI is set to take effect March 1, 2025.
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The Wholesale Markets Project Plan is published every summer and winter, and is a companion piece to the ISO’s Annual Work Plan.
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ISO New England undertakes many projects and initiatives for the continued development of the region’s wholesale electricity markets.
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ISO-NE continues to remove barriers and expand market access for energy-storage technologies Grid-scale (also called utility-scale) battery storage is coming on …
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