One of ISO New England’s responsibilities as the Regional Transmission Organization is to ensure that the region will have adequate transmission, generation, and demand resources to serve the future electricity needs of New England’s households, businesses, and industries. To satisfy this resource-adequacy responsibility, ISO New England determines the Installed Capacity Requirement (the amount of capacity needed to meet the regional electricity demand) and procures the needed capacity in the Forward Capacity Market through auctions conducted every year.
