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QUEBEC CITY, QC -- A Northeast energy market proposed by ISO New England and New York ISO would bring significant long-term benefits to the region, said ISO New England Inc. President and Chief Executive Officer Gordon van Welie in a speech here August 26.
Addressing the Conference of New England Governors and Eastern Canadian Premiers, van Welie said, "A larger, more efficient wholesale energy market will provide several long-term benefits: enhanced incentives for increased supply, improvements in transmission infrastructure, more competitive markets, and closer integration with Canadian markets."
ISO New England and the New York Independent System Operator are seeking Federal Energy Regulatory Commission (FERC) approval for a seven-state Northeast Regional ...