The New England Electric Power Market
In the New England electric power market, sharply rising capacity costs and energy volatility in the New England power market will increase your electricity costs despite relatively low fuel prices and flat usage trends. This white paper explores the underlying reasons, and goes on to explain specific actions commercial and industrial customers can take to mitigate these cost increases.
ISO New England (ISO-NE) is responsible for keeping electricity flowing across the six-state New England region: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. In so doing, ISO-NE's core mission is system reliability.
To ensure reliability ISO-NE oversees the day-to-day operation of New England's electric power generation and transmission system to keep the energy that generators supply to the grid in near-perfect balance with consumers' energy demand. To ensure the system maintains adequate generating and transmission capacity to serve current and future needs ISO-NE manages a comprehensive regional pwoer system planning process and the region's competitive wholesale electricity markets.