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ISONE serves Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island and Vermont.
ISONE manages wholesale electricity markets by operating competitive day-ahead and real-time energy markets, a forward capacity market for long-term reliability, and ancillary services to balance supply and demand. Through locational marginal pricing, transparent rules and real-time dispatch, ISONE ensures cost-effective, reliable power delivery while integrating demand response and renewables.
ISONE’s competitive electricity markets lower costs by selecting the most economical power sources and fostering innovation among generators and demand-response providers. They enhance grid reliability by ensuring sufficient capacity and real-time balancing, while integrating renewables and promoting transparency for fair pricing across New England.
ISONE’s electricity markets face challenges in integrating increasing renewable energy sources, which can be intermittent and strain grid reliability, requiring complex forecasting and infrastructure upgrades. Additionally, market rules must continuously evolve to prevent manipulation, address transmission constraints and balance affordability with the costs of transitioning to cleaner energy.
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