Northeastern Interregional Market to Decrease Wholesale Costs

ISO New England (ISO-NE) and the New York Independent System Operator (NY-ISO) announced the implementation of a new interregional market system on December 15 that is expected to  streamline electric energy transactions, cut costs, and improve the flow of power between the two regions. The … Read more…

FERC Okays Electronic Dispatch of Wind and Hydro in ISO-NE Market

The Federal Energy Regulatory Commission (FERC) has approved a modified electronic dispatch method for certain wind and hydropower resources in the Independent System Operator-New England (ISO-NE) market (ER15-1509), in order to help “manage localized congestion.” The FERC order, posted on July 27, accepts, in part, … Read more…

Talen Energy Buys 2,500 MW of Mach Gen for $1.175B

Talen Energy Buys 2,500 MW of Mach Gen for $1.175B

Allentown, Pennsylvania-based Talen Energy – a major power generator and energy retailer already operating in the PJM (Mid-Atlantic), ISO-NE (New England), and ERCOT (Texas) markets – announced on July 20 an agreement to acquire the total 2,500 MW combined-cycle, natural gas (NG)-fired generating portfolio of … Read more…

Rates Not ‘Transparent’ Enough, Say New England Attorneys General

Attorneys General from Massachusetts and Rhode Island sent a joint letter to ISO-New England and New England electric transmission owners on June 30, urging the companies to “improve the transparency of calculations and inputs” so that all stakeholders can more easily review, question and challenge … Read more…

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