ISO-New England secures supply in 15th Forward Capacity Market auction

(Thu, 11 Mar 2021) In February 2021, the Independent System Operator for New England (ISO-NE) conducted its 15th annual Forward Capacity Market (FCM 15) auction. ISO-NE holds these annual auctions to ensure that the New England power system will have sufficient electricity resources to meet future electricity demand. In this auction, ISO-NE secured electric capacity to cover the period of June 1, 2024, through May 31, 2025.

South Central region follows record net withdrawals with unchanged inventory levels

(Fri, 05 Mar 2021) Working natural gas stocks in EIA’s South Central storage region reported no net change for the week ending February 26, following a record pull for the previous week, according to EIA’s Weekly Natural Gas Storage Report. Much lower regional temperatures contributed to reduced natural gas demand while recovering natural gas production reversed storage balances that had dipped below the five-year minimum in the South Central Salt region for the first time since December 2018.

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