U.S. Power Grid Adds 20.2 GW of Generating Capacity

U.S. Power Grid Adds 20.2 GW of Generating Capacity

Through July 2024, the U.S. power grid added 20.2 gigawatts (“GW”) of generating capacity according to the U.S. Energy Information Administration. Solar generating capacity was the largest portion, representing 59% of additions. Battery storage and wind...
ISO-NE Announces 18th Annual Capacity Auction Results

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...
ISO-NE Announces 18th Annual Capacity Auction Results

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...