ASSOCIATED PRESS • January 9, 2023
ISO New England imposed penalties of roughly $39 million on power plant operators for failing to provide reserves during a confluence of factors including extreme cold in parts of North America. “It was not the Christmas Eve that we expected,” Matthew Kakley, ISO spokesperson, said Monday. The power grid operator had to dip into reserves as an Arctic blast swept across a large swath of the U.S. and Canada, necessitating controlled power outages elsewhere, while tens of thousands of New Englanders were in the dark after a powerful wind storm.