ISO-NE

AcronymDefinition
ISO-NEIndependent System Operator New England, Inc. (Holyoke, MA)
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References in periodicals archive ?
ENGIE Storage's GridSynergy software platform, which has been fully integrated with the trading capabilities of recently acquired Genbright, will seamlessly ensure Investment Tax Credit and SMART program compliance while bidding and operating the energy storage systems in ISO-NE wholesale markets.
The lessons learned during Labor Day's scarcity event is good news for solar developers and the New England market in general, and demonstrates the increasingly important role that solar, storage and other DERs will play in providing improved resource diversity and reliability to ISO-NE and other ISOs.
The Independent System Operator of New England (ISO-NE), a private membership organization that operates the grid for all electricity market participants, decided to establish an energy reliability market due to unstable natural gas and electricity supplies threatening power outages.
Both ISO-NE and NEPOOL provided for earlier clearing of the day-ahead energy market and earlier completion of the initial Reserve Adequacy Analysis (RAA).
From a gas/electric scheduling standpoint, the oder did not help them at all, either ISO-NE or NEPOOL."
The regional market and electricity system is operated by ISO-New England (ISO-NE), and designed through stakeholder committees addressing issues like assuring that there is sufficient power and infrastructure to keep the lights on, studying system needs for the future, ensuring fair and efficient competition by power suppliers, and managing expansion of the power grid.
Michael Harrington (a board member of, and consultant to, the New England Ratepayers Association) attempted to amend the bill on the House floor to lower the (excess) net-metered energy rates down to ISO-NE "wholesale" power rates.
In addition, the new 7HA.02 unit at the Bridgeport facility will run primarily on natural gas, but also will be able to operate on ultra-low-sulphur distillate as a backup fuel, an important option in the ISO-NE region where--despite an increasing supply of natural gas--long, cold winters require units that can operate on backup fuel.
With the higher levels of capacity contracting in PJM and ISO-NE, the company will also benefit from improved visibility and predictability of cash flows.
There, FERC allowed electric utilities in New England to recover "Extraordinary Fuel Expenses"--defined as costs in excess of $1,000/MWh--during "Cold Weather Events." In addition, FERC agreed to remove the "Effective Offer Price Cap" during "Emergency Conditions." Lastly, ISO-NE agreed to give utilities a few extra hours of warning on the day prior to an expected emergency so they could make better decisions on purchases of gas in the spot market.
There, FERC allowed electric utilities in New England to recover "Extraordinary Fuel Expenses"--defined as costs in excess of $1000/MWh--during" Cold Weather Events." In addition, FERC agreed to remove the "Effective Offer Price Cap" during "Emergency Conditions." Lastly, ISO-NE agreed to give utilities a few extra hours of warning on the day prior to an expected emergency so they could make better decisions on purchases of gas in the spot market.
Our growth is based on our continued commitment to our customers and the partnerships we have formed within ISO-NE and with the energy suppliers."