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FERC orders ISO-NE to nix new power suppliers’ ability to ‘lock in’ capacity prices

FERC orders ISO-NE to nix new power suppliers’ ability to ‘lock in’ capacity prices Washington — The Federal Energy Regulatory Commission has found that ISO New England’s capacity market rules allowing new entrants to “lock in” their initial clearing price for seven years are no longer just and reasonable, and directed the grid operator to … Continue reading FERC orders ISO-NE to nix new power suppliers’ ability to ‘lock in’ capacity prices

FERC Upholds ISO-NE CASPR Program on Rehearing

FERC Upholds ISO-NE CASPR Program on Rehearing On November 19, 2020, FERC upheld its March 2018 order addressing ISO New England, Inc.’s (“ISO-NE”) Competitive Auctions with Sponsored Policy Resources (“CASPR”) proposal to integrate certain state-supported resources into its capacity market (see March 20, 2018 edition of the WER). FERC’s November 19 order upheld its prior … Continue reading FERC Upholds ISO-NE CASPR Program on Rehearing

Most N.E. governors want the power grid to change (guess which one doesn’t?)

Most N.E. governors want the power grid to change (guess which one doesn’t?) Governors of five New England states have called for big changes in the regional electricity market, as well as the transmission planning process and how the New England power system operator is run. There are, of course, six New England states. No … Continue reading Most N.E. governors want the power grid to change (guess which one doesn’t?)

‘Simple’ or a ‘Band-Aid’? ISO-NE leans toward Eversource/National Grid $49M solution for Mystic plant replacement

‘Simple’ or a ‘Band-Aid’? ISO-NE leans toward Eversource/National Grid $49M solution for Mystic plant replacement ISO New England in June identified National Grid and Eversource’s “Ready Path Solution” as the most cost-effective way to address transmission reliability issues following the planned retirement of the Mystic Generating Station in 2024. The $49 million project is inexpensive … Continue reading ‘Simple’ or a ‘Band-Aid’? ISO-NE leans toward Eversource/National Grid $49M solution for Mystic plant replacement

Gas-Heavy ISO-New England Braces for Steep Influx of Wind, Solar, Storage

Gas-Heavy ISO-New England Braces for Steep Influx of Wind, Solar, Storage While it is currently highly dependent on natural gas generation today, about 95% of ISO-New England’s (ISO-NE’s) interconnection request queue—a proposed total capacity of 20.9 GW—comprises wind, solar, and battery projects. That clearly indicates that developers in New England’s wholesale market “are looking to … Continue reading Gas-Heavy ISO-New England Braces for Steep Influx of Wind, Solar, Storage

There’s plentiful gas on our doorstep. Let’s use it

There’s plentiful gas on our doorstep. Let’s use it As an independent group not beholden to any energy source, ISO-New England President-CEO Gordon van Welie, in his State of the Grid conference call Wednesday, simply laid out the challenges of the organization that runs the power-generating system to meet the demand for electricity, given the … Continue reading There’s plentiful gas on our doorstep. Let’s use it

#Avangrid puts its foot to the floor on Vineyard Wind

Avangrid puts its foot to the floor on Vineyard Wind Avangrid Renewables, one of two companies behind Vineyard Wind, the first commercial-scale offshore wind project in the US, is exploring options to complete the project ahead of schedule, but efforts to secure renewable technology resource status in a recent capacity auction were unsuccessful Announcing details … Continue reading #Avangrid puts its foot to the floor on Vineyard Wind