This update features policy, regulatory, legislative, and regional developments in Connecticut and New England. The policy updates are compiled by the CPES New Energy Professionals Team. If you are interested in learning more about the New Energy Professionals, the Policy Committee, or if you have ideas for future policy updates, we would welcome your input and feedback. Please send comments to Kathryn Dube, CPES Executive Director, via email: firstname.lastname@example.org.
In this Update:
- ISO’s Forward Capacity Auction
- CT’s Net Metering Program
- Energy and Technology Committee Information
- PURA Docket No. 18-02-02: Annual Reconciliation of the Conservation Adjustment Mechanisms
REGIONAL AND INDUSTRY DEVELOPMENTS
ISO’S FORWARD CAPACITY AUCTION
New England’s annual capacity auction for power system resources concluded Tuesday with sufficient resources to meet peak demand in 2021-2022, and preliminary results indicate the clearing price was the lowest in five years due to a surplus of capacity in the region. The auction is run by ISO New England Inc. to procure the resources that will be needed to meet consumer demand for electricity in three years. Finalized auction results, with resource-specific information, will be filed with FERC by the end of this month. ISO’s press release with more information is available here.
2018 CONNECTICUT LEGISLATIVE SESSION
The 2018 Regular Session of the Connecticut General Assembly convened on February 7, 2018. Information about the Energy and Technology Committee is available here. The committee’s bill record book is available here.
On February 1, 2018, PURA established the following docket: Docket No. 18-02-02: Annual Reconciliation of the Conservation Adjustment Mechanisms filed by: The Connecticut Light and Power Company, the United Illuminating Company, Connecticut Natural Gas Corporation, the Southern Connecticut Gas Company and Yankee Gas Services Company