News
Feb 26
ISO-NE files FCA15 Results
ISO-NE reported that FCA15 procured 34,621 MW of capacity for the June 1, 2024 to May 31, 2025 capacity year (29,243 MW of generation, 3,891 MW of demand resources, and 1,487 of imports)
Dec 11
NEPGA files Net CONE Complaint
The Complaint seeks an order directing ISO-NE to recalculate, review with NEPOOL stakeholders, and file with the FERC a Net Cost of New Entry (CONE) value consistent with the existing Tariff definition. Should its requested relief be granted, NEPGA asked the FERC to find unjust and unreasonable the Net CONE value for FCAs 16-18 to be filed later this month and, should there not be sufficient time to allow for completion of stakeholder review before the beginning of the FCA16 calendar (Mar 2021), NEPGA asked that ISO-NE be directed to apply the Tariff-defined annual adjustment factors to the FCA15 Net CONE value to be used for the FCA16 Net CONE value.
FERC and Legal Proceedings
Updated CONE, Net Cone and PPR Values
FERC issues deficiency letter requiring ISO-NE to submit within 30 days additional information, including the following: (i) an example of a potential site for the reference unit (in or near New London County, CT) that is two miles from both a main natural gas transmission line and the point of interconnection to the electric grid; (ii) an estimate of NOx emissions limit and whether those limits affect the reference unit’s revenues; and (iii) additional support for the assumption that the reference unit always runs on natural gas rather than oil in the dispatch model. The submission of the additional information will re-set the 60-day deadline for FERC action on this matter.
Sched. 21-NEP Supplemental Order 864 Compliance Filing
New England Power submits a supplemental compliance filing to supplement the Jul 30 Compliance Filing with respect to Local Network Service provided by NEP under Schedule 21-NEP. NEP
proposes that these compliance revisions be in effect for the interim Jan 1, 2020 – Dec 31, 2021 period. For the period commencing Jan 1, 2022, compliance with Order No. 864 for local service provided by NEP will be governed by the compliance revisions to the ISO-NE OATT submitted by the TOs pending in ER20-2572 as supplemented by the revised accumulated deferred income taxes (“ADIT”) worksheet filed Feb 12, 2021 by NEP and the other NETOs.
Feb 26
ISO-NE files FCA15 Results
ISO-NE reported that FCA15 procured 34,621 MW of capacity for the June 1, 2024 to May 31, 2025 capacity year (29,243 MW of generation, 3,891 MW of demand resources, and 1,487 of imports)
Dec 11
NEPGA files Net CONE Complaint
The Complaint seeks an order directing ISO-NE to recalculate, review with NEPOOL stakeholders, and file with the FERC a Net Cost of New Entry (CONE) value consistent with the existing Tariff definition. Should its requested relief be granted, NEPGA asked the FERC to find unjust and unreasonable the Net CONE value for FCAs 16-18 to be filed later this month and, should there not be sufficient time to allow for completion of stakeholder review before the beginning of the FCA16 calendar (Mar 2021), NEPGA asked that ISO-NE be directed to apply the Tariff-defined annual adjustment factors to the FCA15 Net CONE value to be used for the FCA16 Net CONE value.