ISO New England’s capacity market auction closed at a preliminary clearing price of $3.80/kW-month, compared with $4.63/kW-month in last year’s auction, an 18% decline, which was the lowest clearing price in six years, the grid operator said. “This year’s auctions procured the resources needed for a reliable power system at a competitive price, while implementing new procedures to accommodate state-sponsored renewable resources,” Robert Ethier, vice president of market operations at ISO-NE, said in a statement late Wednesday.
展开▼
