ISO-New Englandâs annual Forward Capacity Market auction to take place on February 8, 2021
(Thu, 28 Jan 2021) On Tuesday, February 8, 2021, the Independent System Operator for New England (ISO-NE) will open its annual Forward Capacity Market (FCM) auction. ISO-NE uses the FCM auctions to ensure that the New England power system will have sufficient resources to meet future demand for electricity. Owners of various electricity-related resources (such as generating capacity, demand-side resources, or interregional electricity imports) compete in these auctions to obtain a market-priced capacity payment in exchange for providing electricity resources.