Tag Archives: ISO-NE

FERC’S Order on ISO-NE’s Waiver to Retain Mystic Units

On July 2, the Federal Energy Regulatory Commission (“FERC”) issued an Order denying ISO-NE’s request to waive certain tariff provisions which would have permitted cost-of-service agreements for the continued operation of Exelon’s Mystic Units 8 and 9 (“units”). In addition, the Order instituted a proceeding under Section 206 of the Federal Power Act (“FPA”) requiring the ISO to submit interim tariff revisions for a short-term,… More

ISO-NE Market Rules Update

Effective June 1, ISO-NE implemented a number of changes to its market rules, systems, and procedures related to the operation of the regional wholesale electricity markets. The most significant of these changes include:

  1. the Forward Capacity Market Pay for Performance initiative (“PFP”); and
  2. the Price-Responsive Demand (PRD) structure.

The two programs, released simultaneously earlier this month, will affect both traditional generation resources and demand response resources alike.… More