Library: 2010, Lexicon Energy Consulting, Inc.

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Verification of Efficiency Vermont's Energy Efficiency Portfolio for the ISO-NE Forward Capacity Market Final Report

Date Published: July 29, 2010     Document Type: Report

In 2006, the Independent System Operator of the New England electric grid (ISO-NE) created a Forward Capacity Market (FCM) to ensure that the region has sufficient capacity to meet its peak demand needs. This market-based initiative allows for demand resources, including energy efficiency, to compete directly with generation resources to provide capacity. In order to participate in the market, providers of energy efficiency resources must demonstrate that their efficiency savings are verified in compliance with the ISO-NE standards established for this purpose.