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.

Iraq Country Analysis Brief

(Wed, 14 Feb 2024) Iraq holds some of the world’s largest oil reserves and is the second-largest producer in OPEC after Saudi Arabia. Although Iraq intends to increase its crude oil production capacity, Iraq’s export infrastructure is constrained and midstream projects are often delayed because of insufficient investment and bureaucratic hurdles. In addition, Turkey stopped crude oil flows from northern Iraq through the Iraq-to-Turkey pipeline in March 2023, which has severely limited northern Iraq’s crude oil exports.

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