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reliability

On January 17, 2018, ISO New England (“ISO”) released a draft of its Operational Fuel Security Analysis. This study lays out many different possibilities for a 2024/25 winter, assessing the electric grid’s reliability under a varying array of assumptions. ISO’s main finding is clear: adding more renewables and more imports, and increasing the availability of LNG deliveries and backup oil during supply emergencies, will all contribute to improved system reliability.

New England’s growing dependence on natural gas has had some in the region worrying about supply constraints. In fact, concerns about natural gas supply and the impacts of proposed new pipelines prompted no fewer than three separate studies on the issue last year. In 2015, three consulting firms released separate reports for different clients analyzing the need for incremental natural gas pipeline in New England through 2030. The three distinctly different approaches to the studies have the potential to create uncertainty for those trying to compare the results.

The proposed merger between Exelon Corporation and Pepco Holdings Incorporated (PHI) will likely be rejected after the District of Columbia Public Service Commission denied the petition on August 27, ruling that the $6.4 billion transaction is not in the public interest.