Other Markets Data
ISO-NE operates a variety of ancillary markets to ensure reliable and efficient service. These markets will help maintain service in outages, stimulate new generation, and help maintain optimal power system frequency.
Operating reserves are generating capacity scheduled or dispatched to ensure reliability. Net Commitment Period Compensation credits are paid to units whose cost exceeds their revenue.
Historical documents pertaining to the Installed Capacity market for years prior to the June 2010 implementation of the Forward Capacity Market.
Market Participants can bid for Financial Transmission Rights and receive a share of fees paid in congested areas. Access information about FTRs.
The objective of the Forward Capacity Market (FCM) is to purchase sufficient capacity for reliable system operation for a future year at competitive prices where all resources, both new and existing, can participate.
Market Participants can offer capability, in advance, to supply pool required Operating Reserve and are paid for their capability during the supply period.
The Day-Ahead Load Response Program provides a Day-Ahead option to the Real-Time programs. The Day-Ahead Load Response Program allows Real-Time program participants to make energy reduction offers concurrent with the Day-Ahead Energy Market.
When the transmission system is scheduled day-ahead under constrained conditions or is operating in real-time under constrained conditions, ISO-NE calculates congestion costs for each Market Participant or Transmission Customer. These collected costs are used to pay FTR Holders.
