New England Forward Power Supply Prices Slump to Six-Year Low, Vineyard Wind Clears Secondary Auction
The ISO New England Inc.’s annual forward capacity auction cleared 34.8 gigawatts of capacity at a price of $3.80 per kilowatt-month, with adequate resources to meet peak demand in 2022-2023, according to a Feb. 6 press release. The auction was the first to be held under new rules to accommodate entry of state-sponsored resources by…
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