Ensuring adequate electrical capacity in New England

Abstract

A settlement accepted by the Federal Energy Regulatory Commission on June 15, 2006, may finally resolve years of disagreement over how to increase New England’s electrical capacity. The final settlement was signed by 107 of the 115 parties negotiating for four months to create a forward capacity market for electricity in the region. Despite such strong support, however, several important parties oppose the plan, and its economic impact on the region is not yet clear.Electric utilities - New England