Updates Between Jun 02, 2021 and Jul 07, 2021
FERC approves sale of 55% of membership interests in ReEnergy Livermore Falls LLC and ReEnergy Stratton LLC (ReEnergy) to a new joint venture holding company to be owned by ReEnergy Biomass and Ember RGE Holdings, LLC
IMM files annual report covering calendar year 2020
FERC accepts in part, and rejects in part, pieces of NEPOOL’s and ISO-NE’s ORTP jump ball proposals, effective June 8, 2021. Specifically, the FERC accepted NEPOOL’s proposed ORTP value for battery storage and NEPOOL’s proposed federal tax credits adjustments to the ORTPs for PV solar resources for FCA17 and FCA18. Otherwise, the FERC accepted ISO-NE’s proposed ORTP values (including ISO-NE’s Offshore Wind ORTP value (on which the Commissioners split 3-2; see separate dissents by Commrs. Glick and Clements, who agreed with NEPOOL’s Offshore Wind ORTP)) and ISO-NE’s proposal to maintain the current Tariff language regarding economic life determination and the establishment of ORTPs for hybrid and co-located resources in the FCM (rejecting NEPOOL’s proposed Tariff revisions in each case). The FERC also rejected NEPOOL’s proposal to require ISO-NE to account for future federal tax credit changes through the Tariff’s indexing process, finding instead that such changes are more appropriately made through a FERC filing when and if such changes are made. In light of this outcome, the FERC directed ISO-NE to submit a compliance filing on or before June 22, 2021 that combines the alternative proposals as accepted by the FERC.
FERC invites post-technical conference comments to address issues raised during the May 25, 2021 technical conference and identified in the May 17 Supplemental Notice of Technical Conference; comments due Mon, Jul 19, 2021
FERC grants joint request by CMEEC, MMWEC, Pascoag, and VT DPS (together, Movants) for waiver of ISO-NE Tariff section III.13.1.10(e) to permit Movants to submit an executed version of completed agreements with NYPA as soon as practicable after the close of the FCA16 submission window, and prior to Oct 1, 2021
ISO-NE files notice of suspension of Woods Hill Solar from the New England Markets
FERC accepts revisions to Market Rule 1 to include directly in Section 18 of Appendix A to Market Rule 1 the remaining minimum ethical standards for the IMM Unit and its employees that, pursuant to Order 719, must be included in the ISO-NE Tariff; eff. Jun 12, 2021