On February 11th 2016, ISO-NE concluded its 10th Forward Capacity Auction (FCA). This was the second auction under the re-designed capacity market structure that includes an ISO-wide demand curve (variable reserve requirement or VRR) and the pay for performance initiative.
In this webinar, ICF International experts analyze the results of this latest ISO-NE capacity auction, including key outcomes of the auction, changes from the previous auction, ICF’s explanation of the results and going-forward expectations. Key discussion points will include:
- Why prices were lower than market expectations
- New capacity resources that cleared the auction
- Participation of Demand Resources and expectations going forward
- Expectations for upcoming FCAs