
ISO-NE market monitor issues 2024 Annual Markets Report
The region’s wholesale electricity markets performed well and were competitive in 2024, the report found.
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The region’s wholesale electricity markets performed well and were competitive in 2024, the report found.
Read MoreThe quarterly report identifies increased carbon emissions costs and supply limitations as key drivers.
Read MoreIncreased demand and emissions costs drove wholesale prices up despite lower natural gas costs.
Read MoreNatural gas prices have been dropping since early 2023, yielding lower energy costs.
Read MoreLow natural gas prices and mild temperatures during the winter of 2023/2024 resulted in the lowest seasonal energy prices since 2020.
Read MoreFollowing FERC’s order, DASI is set to take effect March 1, 2025.
Read MoreThe cost per megawatt-hour of load served was $49 in fall 2023, compared to $89 for the previous year.
Read MoreEnergy costs were down 64% from last summer, and capacity costs were down 39%.
Read MoreLower natural gas prices led to a 57% reduction in energy market costs in New England compared to the previous year.
Read MoreThe total estimated wholesale market cost of electricity for winter 2023 was nearly $1 billion less than the previous winter.
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