ISO-NE PRESS RELEASE March 31,2022
"A CLEAR PATH FOR CLEAN ENERGY"
"The renewable resource exemption provides a clear path for projects that are ready to enter the FCM over the next two years. The exemption is for 300 megawatts (MW) of qualified capacity in FCA 17 and 400 MW of qualified capacity in FCA 18. Over the two auction periods, this is the equivalent of up to 2,000 MW in nameplate capacity, which is how most of these resources are considered outside of power system operations."
"This exemption is in addition to other avenues for renewable resources to enter the market, either through the substitution auction process or through clearing in the initial auction. In fact, 100% of the new generation that cleared the more recent capacity auction were solar and battery resources."