Wholesale electricity prices dropped in the region last year due to lower natural gas prices, lower demand for electricity, and higher hydroelectric production levels, according to the 2011 Annual Markets Report.

ISO-NE expects adequate supplies to meet electricity demand this summer, though uncertain supplies of LNG could pose local reliability challenges in NEMA/Boston.

Finalized results filed at FERC confirm that the sixth Forward Capacity Market auction concluded at the floor price with surplus capacity available for the 2015-2016 capacity commitment period.

FERC has approved tariff changes to improve scheduling of wholesale electricity sales and reduce costs in New England and New York.

Preliminary results indicate that sufficient generation and demand-side resources to meet the region's reliability needs in 2015-2016 were procured this week through the sixth Forward Capacity Market (FCM) auction administered by ISO New England Inc.

Gordon van Welie, president and CEO of ISO-NE, will discuss the future of demand response and energy efficiency on a panel today at the 2012 National Electricity Forum.