FERC Rejects ESI Alternatives
The FERC rejected as unjust and unreasonable both the ISO-NE and NEPOOL “Energy Security Improvements” or “ESI” proposals. Finding that ISO-NE failed to demonstrate that ESI will materially improve fuel security, the FERC concluded that “ESI does not strike an appropriate balance between addressing fuel security in New England while protecting consumers from the significant cost of those fuel security benefits.” [P 55] And although the FERC noted that the NEPOOL Alternative would result in lower costs to consumers than ISO-NE’s ESI proposal, they rejected the NEPOOL Alternative as unjust and unreasonable because it contained the “same deficiencies that render ISO-NE’s proposal unjust and unreasonable.” [P 56] View Order here.