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ISO-NE’s Pathways Study Public Briefing
ISO New England will host a virtual briefing to present its recently-released report, Evaluation of Pathways to a Future Grid – a study of potential wholesale market design frameworks that would allow New England to meet its decarbonziation goals. The final report, Pathways Study: Evaluation of Pathways to a Future Grid, is available on the ISO’s website and a short summary is available on the ISO’s Newswire.
The June 1 briefing will elaborate on the need for the study given various state decarbonization and renewable energy mandates, the four specific pathways, and the results from the study. The four pathways included integration of a net carbon price into the regional wholesale market; creation of a new Forward Clean Energy Market (FCEM); a hybrid that includes elements of the net carbon pricing and FCEM approaches; and a continuation of the status quo (clean energy procurements by individual states).
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