ISO New England Says They Will Have Enough Power This Winter
ISO New England assures capacity will be plentiful this winter despite underlying possibilities like natural gas-fired generations having fuel constraints and generation withdraws.
ISO New England assures capacity will be plentiful this winter despite underlying possibilities like natural gas-fired generations having fuel constraints and generation withdraws.
Pricing has taken a turn recently and within the months of October and November, the January contract has seen a dip of 85 cents and then an eight-month low set of $2.805/MMBtu. The mild temperatures have proven to lower heating demand causing these fluctuations in pricing.
The board of directors will seek out a proposal given by ISO-New England with intention of standardizing the forward capacity market to maintain increased amounts of subsidized generation.
The fourth consecutive Winter Reliability Program implemented by ISO New England is anticipated to help avoid any restrictions on the natural gas pipelines which could potentially prevent electricity manufacturing within natural gas power plants.
A false news about solar net metering is on the rise again and the electric utility industry is behind it. Try not to fall into the trap of believing them.
ISO New England oversees the region’s wholesale market for electricity sales and ensures a fluid pace remains constant.
ISO New England predicts the region will have enough generation capacity this winter, despite multiple generation retirements and the probability of fuel constraints for natural gas-fired generation.
The Bay State has a new initiative to increase solar energy production by almost half and will plan to do so under the Baker Administration.
Energy efficiency has increasingly helped companies improve ways of adequate energy production. An important aspect of the market becoming more energy efficient is that it aids in creating lower prices for electric generation.