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ISO New England Capacity Price To Decrease In 2021-2022
The ISO New England 12th Forward Capacity Market (FCM) auction (FCA #12) closed at a preliminary clearing price of $4.63 per kilowatt-month (kW-month)...
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FERC Closes Investigation Of Alleged Capacity Market Manipulation Citing Insufficient Evidence
In an annual report of enforcement activities, FERC Staff reported that, among the closed investigations in FY2017, was the investigation into bidding...
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ISO-NE Outlines Transfer Payments, Substitution Auction To Accommodate "Subsidized" Capacity in FCM
ISO New England has proposed a "substitution" auction, which includes transfer payments among capacity supplies, to address what it called a "collisio...
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Now National Grid Proposing Transmission Line To Import Quebec Hydropower Into New England
National Grid has announced a proposal to develop a new transmission project that would bring up to 1,200 megawatts of energy from Canada to the New E...
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New England Generators Seek FERC Clarification On Refund Of Peak Energy Rent Adjustments
The New England Power Generators Association (NEPGA) has sought clarification, or to the extent necessary rehearing, of a recent FERC order which foun...
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ISO-NE Reports Price From 2020-21 Capacity Auction
ISO New England's 11th Forward Capacity Market (FCM) auction (FCA #11), for the delivery year 2020-2021, closed at a preliminary, system-wide clearing...
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New England States Select 460 MW Via Long-Term Contracts, Enter Negotiations
Massachusetts, Connecticut and Rhode Island have collectively selected projects that represent approximately 460 megawatts under their RFP for long-te...
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AP: New England States Reviewing Projects for Long-Term Power Contracts
The Associated Press reports on the latest on several New England states' efforts to procure renewable energy supplies or projects via utility long-te...
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Kinder Morgan Scraps New England Pipeline Project, Citing Lack of Cost Recovery Mechanism
Kinder Morgan has stopped development of its proposed Northeast Energy Direct natural gas pipeline which was meant to boost New England's access to na...
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Senators Slam ISO-NE "Inaccurate" Capacity Market Parameters Which Led To Drastic Price Increases
Garbage in, garbage out. That's apparently what contributed, in part, to drastic capacity price increases in ISO New England, members of the New Engl...
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ISO-NE: Remaining Uplift in Market Largely "Intrinsic"; No Easy Solution
Uplift remaining in the ISO New England market is largely, "intrinsic," to the operation of an efficient, least-cost power system in which energy is p...
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NRG, PSEG Announce New Generation Clears ISO-NE Capacity Auction
NRG Energy, Inc. to announced its Canal 3 development project, a 333 MW gas turbine peaker located on Cape Cod, cleared the ISO-New England tenth forw...
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ISO-NE Files "Reforms" To Capacity Market To Address Retirement, Market Power Issues
ISO New England has filed capacity auction tariff revisions at FERC to provide a means for capacity suppliers to price the potential retirement of exi...
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Governors Pushing State-Backed Procurements, Interventions to Combat Broken Wholesale Market
The six New England Governors released a six-state action plan to address the region's energy future, particularly in light of volatile wholesale ...
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New England: Next 4 Years Of Electricity Costs Looking Bleak (Capacity Costs)
The Manchester, NH Union Leader looks at ominous increases in New England capacity costs in the future See the Union Leader for the story...
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