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A Divided FERC Approves ISO-NE’s Proposal for Regional Fuel Security

A Divided FERC Approves ISO-NE’s Proposal for Regional Fuel Security On December 3, 2018, FERC accepted ISO New England Inc.’s (“ISO-NE”) proposed temporary revisions to its Transmission, Markets and Services Tariff (“Tariff”) designed to address fuel security by a 2-1 vote. Among other things, the order enables ISO-NE to enter into cost-of service agreements with … Continue reading A Divided FERC Approves ISO-NE’s Proposal for Regional Fuel Security

Record-Breaking #Massachusetts Offshore Wind Auction Reaps $405 Million in Winning Bids

Record-Breaking Massachusetts Offshore Wind Auction Reaps $405 Million in Winning Bids A record-breaking auction buoyed the U.S. offshore wind industry last Friday when a “bidding bonanza” for three lease areas offshore Massachusetts yielded $405 million in winning bids. After 32 rounds of bidding spread across two days, provisional winners were announced for lease areas covering … Continue reading Record-Breaking #Massachusetts Offshore Wind Auction Reaps $405 Million in Winning Bids

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

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