The goal: The grid operator wants to “drive increasing value for the region,” according to a recent board meeting presentation. How? By beefing up existing services and developing “high-impact solutions.”
The plan: By 2032, ISO-NE aims to 1) Reform its capacity auction and real-time markets 2) increase stakeholder access to grid data and modeling 3) review transmission repair projects and 4) lean into demand flexibility.
The context: In recent years, critics have claimed that ISO-New England lacks transparency and makes it difficult for renewables and DERs to participate in its markets. The new plan appears to address some of these concerns.
Meanwhile, over in PJM: New 765-kV lines planned to bring more gigawatts to Northern Virginia’s “Data Center Alley” have ballooned in cost. In 2024, the grid operator estimated that these projects would cumulatively cost roughly $3B—now, PJM has upped the estimate to more than $5B. That’s due to rising labor, land, and equipment costs, PJM said.
Thu, Nov 12
NEWS: ISO New England has laid out its gameplan to maintain reliability and keep power costs competitive.
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