Mission: The corporation is organized and operated exclusively for charitable purposes including the following, to (i) maintain the reliability of the bulk power and transmission system in new england by, among other things, exercising operational authority over the bulk transmission facilities, (ii) administer and seek to enhance sustainable, competitive and efficient energy markets, and (iii) provide non-discriminatory, open-access transmission service.
Programs: Reference line 4a: energy administration - iso new england inc. (iso-ne) is the not-for-profit organization authorized by the federal government to perform three critical activities to ensure the reliable and safe supply of electricity throughout new england. Through its first activity, energy administration, iso-ne ensures the constant availability of competitively-priced electricity for the region's 14. 8 million residents by designing, refining, and administering the region's wholesale electricity markets and making sure these markets are fair and competitive. During 2017, iso-ne was responsible for the fair administration of over $6. 9 billion dollars of market transactions.
reference line 4b: reliability administration - through its second activity, reliability administration, iso-ne ensures the reliable day-to-day operation of the region's high voltage transmission system. Among other things, this involves (i) coordinating the region's 350 power plants and 9,000 miles of high voltage transmission lines; (ii) managing the movement of high-voltage electricity into, within, and out of new england; (iii) ensuring that the six-state region has the power system resources necessary to meet consumer demand for electricity and federally-mandated reliability requirements; (iv) coordinating how transmission lines, power plants (such as coal, oil, nuclear, and natural gas-fired), and other resources connect to and operate on the power grid reliably; and (v), working with the industry to develop transmission infrastructure solutions that are essential for maintaining power system reliability. During 2017, iso-ne coordinated the generation and transmission of the 121,061 gigawatt-hours of power consumed in the region.
reference line 4c: scheduling service - through its third activity, scheduling services, iso-ne forecasts and schedules the exact amount of electricity needed in the region for every second of every day and ensures there is enough electricity generated to meet demand and maintain stringent reliability criteria. In conducting this activity, iso-ne (i) monitors the flow of electricity into, out of, and over new england's high-voltage transmission system and (ii) schedules hundreds of diverse power resources and transmission components to supply just the right amount of electricity to meet the region's demand, which changes every time someone flips a switch. If too little electricity is produced, lights may not come on. Too much electricity could damage the system. Iso-ne is responsible for ensuring that the grid can withstand the sudden loss of a power plant or transmission equipment caused by weather, mechanical failure, terrorism, or other triggers.