Thu, Nov 12

NEWS: ISO New England has laid out its gameplan to maintain reliability and keep power costs competitive.

  • 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.

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