NR 507 EXAM #1 | COMPLETE QUESTIONS AND ANSWERS | 100% RATED CORRECT | 2025-
2026 LATEST UPDATE
What is the role of the wholesale power market? To keep an unbiased selection of energy
suppliers and the keep the price of energy as low as the market will allow.
What is the role of ISONE in the wholesale market? To choose the necessary suppliers to
generate enough energy to satisfy the demand of the market
why solar can lower the wholesale price? Solar energy is available to the grand majority of
the population. the future saving might outpay the initial cost of the solar panels. lowering the
need of constant energy demand during the day, therefore lowering the price of energy.
What is the Forward Capacity Market The FCM is the anticipated demand of the grid in 3
years.
Why do we have the day-ahead and real-time market? These two markets are use to do the
fine adjustments for the market. To adapt if there is a sudden increase on demand.
What is the purpose of the Levelized Cost Of Energy? to bring a fair and equal rate of
monetary compensation for generating of energy.
How uses Levelized Cost Of Energy? ISONE uses LCOE to identify the amount that will be
paid to all electricity generators based on the demand and the highest bid
2026 LATEST UPDATE
What is the role of the wholesale power market? To keep an unbiased selection of energy
suppliers and the keep the price of energy as low as the market will allow.
What is the role of ISONE in the wholesale market? To choose the necessary suppliers to
generate enough energy to satisfy the demand of the market
why solar can lower the wholesale price? Solar energy is available to the grand majority of
the population. the future saving might outpay the initial cost of the solar panels. lowering the
need of constant energy demand during the day, therefore lowering the price of energy.
What is the Forward Capacity Market The FCM is the anticipated demand of the grid in 3
years.
Why do we have the day-ahead and real-time market? These two markets are use to do the
fine adjustments for the market. To adapt if there is a sudden increase on demand.
What is the purpose of the Levelized Cost Of Energy? to bring a fair and equal rate of
monetary compensation for generating of energy.
How uses Levelized Cost Of Energy? ISONE uses LCOE to identify the amount that will be
paid to all electricity generators based on the demand and the highest bid
