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FERC approves delay to 2025 ISO-NE capacity auction

Originally scheduled for February 2025, the Federal Energy Regulatory Commission (FERC) has agreed to a one-year delay to the 19th ISO New England (ISO-NE) capacity auction. The delay came at the request of ISO-NE and the New England Power Pool (NEPOOL) as they seek additional time to develop and implement changes to their capacity accreditation…

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PJM seeks to delay power capacity auctions

The PJM Interconnection board of managers is seeking a delay of upcoming capacity auctions, including June’s auction for the 2025/26 delivery year, so that proposed design rule changes may be implemented. “In arriving at this decision, the Board recognized that, despite the implications of auction delay, reforms are necessary to the capacity market design in…

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LS Power to acquire 334 MW hydro portfolio

LS Power has announced its plan to acquire 42 hydro facilities from Hull Street Energy. The run-of-river hydro facilities are located in 11 states and 334 MW in generating capacity. Hull Street Energy began acquiring and improving the hydroelectric plant portfolio in 2017. The acquisition is expected to close by the end of Q1 2023.…

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