Date:
Feb 18, 2022Proceeding Type:
CSO Termination: Killingly Energy CenterDocket:
ER22-355Brief Description:
ISO-NE files with DC Circuit Court of Appeals emergency motion for dissolution of its stay of the FERC’s order accepting the termination of NTE CT’s Killingly Energy Center CSOs. ISO-NE informed the DC Circuit that NTE CT’s CSOs were terminated because NTE failed to cure a financial assurance default (by failing to extend its letter of credit or provide another form of financial assurance to cure the default). Accordingly, ISO-NE asserts, the basis for the Stay Order has become moot, precluding the relief that NTE sought in this Court. ISO-NE explained the importance of the dissolution request to removing the uncertainty around the results of FCA16.