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Troutman publishes a note on ISO-NE day-ahead ancillary-services market changes
Troutman Pepper Locke said it published a Washington Energy Report note by Adam Webster and Antonia Douglas on FERC’s September 14 order in Docket ER26-3176-000 approving changes to ISO New England’s day-ahead ancillary services market. The firm said the revisions, effective October 22, adjust the forecast energy requirement for wind and solar, floor the strike price, put a $3/MWh floor on the impact-test threshold and remove a credit for certain imports.
Key points
- Troutman’s article examined the forecast energy requirement calculation.Troutman Pepper Locke
- The note discussed a floor for the market’s strike price.Troutman Pepper Locke
- The firm’s article covered the impact-test threshold used to screen offers.Troutman Pepper Locke
- Troutman linked the September 14 order in docket ER26-3176-000.Troutman Pepper Locke