Since 1999, ISO New England has designed, operated, and overseen some of the nation’s most innovative and successful markets for selling, buying, and trading wholesale electricity. This suite of markets, financial instruments, and ancillary services help ensure the efficient and reliable delivery of competitively priced wholesale electricity throughout the region.
For buying and selling wholesale electric power.
Information on the ISO’s markets for selling, buying, and trading wholesale electricity in New England
For ensuring long-term power system reliability.
Information on the ISO’s market and auction for securing enough electricity capacity to reliably meet New England’s future electricity needs
For supporting and ensuring short-term reliability of the power system.
Information on the Forward Reserve Market and its auction, and on real-time reserve pricing—New England’s “insurance policies” against power interruptions
Information on the ISO’s mechanism for selecting and compensating market participants to provide regulation—the capability of specially equipped generators and other energy sources to increase or decrease output every four seconds
Information on compensation for reactive-power capability to help the ISO regulate voltage on the grid
Information on compensation for providing black-start service to help restart the power grid after a shutdown
For daily generator commitments to maintain system reliability that supplement the market-clearing outcomes.
For helping meet New England’s electricity needs through reduced consumption.