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ISO-NE cost recovery proposal opens new front in fuel security debate
Utility Dive: ISO-NE's Tuesday waiver filing is unprecedented in the history of U.S. wholesale power markets.
Typically, grid operators ask for cost recovery — commonly known as reliability-must-run designations — due to direct threats to power reliability stemming from a potential retirement, such as transmission constraints or generation shortfalls.
ISO-NE's filing is different. The grid operator doesn't envision direct reliability threats due to Mystic's closure, but is concerned that the Everett Marine Terminal, a neighboring LNG import hub, will close if the plant goes offline.
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