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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

#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

ISO-NE: Offshore wind can cut costs, reduce grid stress during winter storms

ISO-NE: Offshore wind can cut costs, reduce grid stress during winter storms The recent ISO-NE report, released Dec. 17, shows how renewable resources can contribute to conversations about fuel security in New England and elsewhere, despite not using fuels themselves. The report modeled the expected production of three hypothetical offshore wind facilities near Massachusetts during … Continue reading ISO-NE: Offshore wind can cut costs, reduce grid stress during winter storms

Ensuring fuel security for the #electricity system: #New_England and the role of LNG

Ensuring fuel security for the electricity system: New England and the role of LNG Promoting a competitive market structure shields consumers from costly risks and provides continued opportunities to quickly accommodate to a low carbon future, the authors write. Following the presidential election of 2016, the U.S. Department of Energy (DOE) sought to establish a … Continue reading Ensuring fuel security for the #electricity system: #New_England and the role of LNG