Analysis by Joseph Cavicchi of Compass Lexecon of the impact of state resource procurements on the New England wholesale electricity markets over the next 10 years.
NEPGA filed an Answer to ISO-NE’s answer to NEPGA’s Protest of its proposal to re-price resources made eligible for a cost-of-service agreement to meet a demonstrated fuel security need (No. ER18-2364). ISO-NE proposes to allow a resource that would otherwise retire from the FCA to enter into a cost-of-service agreement (or in some cases receive […]
On October 1, 2018, NEPGA filed a Supplemental Protest of ISO-NE’s and its Internal Market Monitor’s proposal to change the economic life calculation for purposes of Retirement De-List Bid mitigation beginning in FCA 13. NEPGA filed an initial Protest of the proposal in July, following which FERC’s Office of Energy Market Regulation issued a deficiency […]
On September 21, 2018, NEPGA filed a protest of ISO-NE’s proposal to re-price resources held for fuel security as price-takers in the Forward Capacity Auction (No. ER18-2364). ISO-NE’s re-pricing proposal is one part of its compliance filing seeking to satisfy FERC’s directive that ISO-NE file Tariff changes allowing for a resource to be held out-of-market […]
NEPGA Answers EDCs Motion for Clarification in Fuel Security Proceeding – Nos. ER18-1509 and EL18-182
NEPGA answered the Indicated Electric Distribution Companies’ (EDCs) Motion for Clarification, in which the EDCs ask FERC to find that the “central purpose” of its order directing ISO-NE to file improvements to its market design to address fuel security needs is to “add new infrastructure” to New England (Nos. ER18-1509 and EL18-182). In order to […]
NEPGA responded to challenges to the evidence it offered in its complaint showing the significant price-suppressing effect of re-pricing the Mystic Units and distinguished the re-pricing of the Mystic Units from the re-pricing of certain reliability resources FERC has previously found to be just and reasonable, among other arguments (No. EL18-154-000).
NEPGA filed an Answer to an answer ISO-NE filed in the proceeding concerning ISO-NE’s request for waivers from its Tariff to make Mystic Units 8 and 9 eligible for a cost of service agreement for FCAs 13 and 14 (No. ER18-1509-000). NEPGA responded to ISO-NE’s belief that the Tariff will be amended – specifically sections […]
NEPGA filed a Limited Protest of the cost-of-service (COS) agreement for the Mystic Units (No. ER18-1639), asking FERC to correct for certain terms in the proposed COS agreement that could cause energy and capacity market price suppression, including the limit on Mystic Unit energy offers to not exceed Energy Market Reference Levels (which are set […]
On May 25, the New England States Committee on Electricity’s (NESCOE) filed a motion to extend the comment period in NEPGA’s fuel security resource pricing complaint proceeding (No. EL18-154), asserting that a two-week extension is necessary due to the “complex” issues raised by NEPGA’s complaint, the existence of other “interrelated” proceedings, and a common comment […]
On May 23, 2018, NEPGA filed two related pleadings at FERC: A Complaint (with a request for fast-track processing) asking for relief from ISO-NE’s proposal to re-price the Mystic 8 and 9 Units, or any other resources subsequently retained for fuel security, as price-takers in the FCA, and offering a remedy that would require such […]