ISO-NE Plans Capacity Market Overhaul with 'Prompt' Auction Shift
Originally Published 6 days ago — by Utility Dive
ISO New England proposes a major overhaul of its capacity market by shifting to a 'prompt' auction system, buying capacity a month ahead instead of three years, to improve accuracy and efficiency, with additional reforms including seasonal auctions and updated resource retirement processes, aiming for implementation by March 2028.