New England Forward Clean Energy Market: Proposed Market Rules, Version 1
Prepared by The Brattle Group and Sustainable Energy Advantage for the Massachusetts Department of Energy Resources
This is a proposed draft rules document for a New England Forward Clean Energy Market (FCEM), a new regional marketplace that can be used by states, local governments, companies, and consumers to meet environmental policy requirements and sustainability goals. The FCEM offers a voluntary, market-based platform through which buyers and state policymakers can shape their future resource mix and drive clean energy transition at scale and on pace with climate commitments. The competitive FCEM platform will offer a robust financial commitment sufficient to attract large-scale investments in new clean energy projects, utilize a forward auction structure to drive competition and innovation, and secure clean energy supply at affordable prices.
