ISO-NE Announces 18th Annual Capacity Auction Results
ISO New England Inc. (“ISO-NE”) announced the results of the 18th Forward Capacity Auction on February 9, 2024. The auction included 31,556 megawatts (“MW”) of commitments, including 1,085 MW of new renewable capacity and 5,540 MW of new and existing renewable capacity. The preliminary closing price for the 2027/2028 commitment period was $3.58 per kilowatt-month.…