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Largest energy storage system in Mass. launched as solar plus storage trend continues

Largest energy storage system in Mass. launched as solar plus storage trend continues New York — One of first states to enact an energy storage target, Massachusetts, received its largest utility-scale energy storage system Tuesday when ENGIE and Holyoke Gas & Electric launched a 3 MW/6 MWh system connected to a solar farm near Boston. … Continue reading Largest energy storage system in Mass. launched as solar plus storage trend continues

Outage at Exelon ‘s #Mystic_plant drove tight ISO-NE Labor Day conditions

Outage at Exelon’s Mystic plant drove tight ISO-NE Labor Day conditions The outage at the Mystic plant, located in Boston, highlights the issues at stake in contentious debates over fuel security in New England and grid resilience at FERC. On Sept. 3, ISO-NE implemented emergency operating procedures, purchasing power from neighboring regions and calling for … Continue reading Outage at Exelon ‘s #Mystic_plant drove tight ISO-NE Labor Day conditions

Unexpected outages, intense heat behind ISO-NE Labor Day price spike

Unexpected outages, intense heat behind ISO-NE Labor Day price spike ISO-NE’s Monday conditions show how quickly errors in load forecasting and unplanned outages can translate into price spikes in the region’s real-time market. The ISO planned for 22,800 MW of demand at 4:30 p.m. on Monday, but real demand topped 23,100 MW, according to the … Continue reading Unexpected outages, intense heat behind ISO-NE Labor Day price spike

Distributed solar saved ISO-NE consumers $20M during July heatwave, report says

Distributed solar saved ISO-NE consumers $20M during July heatwave, report says Distributed solar reduced New England wholesale power costs by nearly $20 million dollars during a heat wave from July 1 to July 7, according to a new analysis completed by Synapse Energy Economics. During peak hours for electricity demand, distributed solar can reduce load … Continue reading Distributed solar saved ISO-NE consumers $20M during July heatwave, report says

ISO-NE proposes market bridge to valuing fuel security

ISO-NE proposes market bridge to valuing fuel security ISO-New England filed proposed interim revisions to its capacity market rules with the Federal Energy Regulatory Commission on Friday, seeking to preserve market operations as it designs new compensation mechanisms for fuel secure resources. The ISO’s proposal would treat fuel secure generators as price takers in the … Continue reading ISO-NE proposes market bridge to valuing fuel security

#New_England governors urge ISO-NE to focus on affordablility

New England governors urge ISO-NE to focus on affordablility Vermont Business Magazine Connecticut Governor Dannell Malloy, Massachusetts Governor Charlie Baker, New Hampshire Governor Chris Sununu, Rhode Island Governor Gina Raimondo, and Vermont Governor Phil Scott today issued the following statement related to ISO New England and affordable electricity. ISO-NE is charged with maintaining electric supply … Continue reading #New_England governors urge ISO-NE to focus on affordablility

Generators say Mystic order mirrors their capacity price concerns

Generators say Mystic order mirrors their capacity price concerns Washington — New England generators are telling regulators that ISO-New England’s current plan to keep 1,700 MW of gas-fired units at Exelon’s Mystic plant in Massachusetts running could unfairly reduce prices in the capacity auction and spur more retirements. NEPGA’s request echoes a complaint they filed … Continue reading Generators say Mystic order mirrors their capacity price concerns

FERC Finds ISO-NE’s Tariff May Not Adequately Address Fuel Security Concerns

FERC Finds ISO-NE’s Tariff May Not Adequately Address Fuel Security Concerns On July 2, 2018, FERC denied ISO New England Inc.’s (“ISO-NE”) request for waiver of its Transmission, Markets, and Services Tariff (“Tariff”) and instituted a Federal Power Act (“FPA”) section 206 proceeding because, according to FERC, the Tariff may be unjust and unreasonable. Specifically, … Continue reading FERC Finds ISO-NE’s Tariff May Not Adequately Address Fuel Security Concerns

The state of wholesale power markets: What’s wrong with proposed changes in Eastern RTOs?

The state of wholesale power markets: What’s wrong with proposed changes in Eastern RTOs? In part one of this series, we discussed why generators are struggling to make ends meet in wholesale power markets, summarizing the reason for low revenues in one word: overcapacity. In many markets, oversupply is chasing after flat or decreasing demand. … Continue reading The state of wholesale power markets: What’s wrong with proposed changes in Eastern RTOs?