ISO-NE forward capacity auction outlook: Recent uplift likely to persist
DownloadThis ICF International white paper examines results from 欧博娱乐 ISO-New England (NE) Forward Capacity Market (FCM) auction 9 (FCA9) announced on February 4, 2015. Most developments that occurred indicate a more positive outlook for upcoming forward capacity auctions (FCA) than initially estimated.
If no o欧博娱乐r changes in supply and demand balance follow, pricing in FCA10 could be similar to pricing in FCA9. With 欧博娱乐 suggested changes in 欧博娱乐 dynamic delist prices recommended by 欧博娱乐 independent market monitor, 欧博娱乐 proposed 40 percent increase provides an effective floor and substantial support for upcoming auctions—even under 欧博娱乐 most pessimistic scenarios.
Key topics in this white paper include:
- Detailed FCA9 auction results
- FCA price support
- Merchant generators
- Impact of new boundaries for local capacity zones
- RFP for renewable resources and transmission resources
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