ISO-New England issues Forward Capacity Auction results starting in June 2027
(Wed, 28 Feb 2024) ISO-New England (ISONE) earlier this month issued the results of its Forward Capacity Auction (FCA) #18, covering commitment period June 2027 to May 2028. Under FCA #18 ISONE secured resource commitments of 31,556 megawatts (MW), or nearly the same as the 31,370 MW cleared in FCA #17. About 2,000 MW less capacity cleared the past two auctions compared with the 33,956 MW cleared in FCA #14, which is the current commitment period of June 2023 to May 2024.