ISONE hosted its 2017 Quarter Four Settlements Forum on December 7, 2017 The agenda included:
The Winter Reliability Program
Forward Capacity Market Perfomance Initiatives
Price Responsive Demand Full Integration
NCPC Cost Reallocation
I. Winter Reliabitliy
Charges from December 2017 – February 2018 will be allocated pro-rate on Real Time Load Obligation.
Estimated charges will be billed out monthly for three months, and then a true-up reflecting the final actual unused inventories will be calculated and billed
For Billing Reference Guide please visit: Settlements Forum: 2017 Q4 Presentation For Winter Payment Rate information please visit: ISONE Winter Payment Rate Program
II. Forward Capacity Market Performance Initiative
Joint ISONE/NEPOOL filing to implement pay for performance design which includes stop loss provisions and revisions to settlement MIS reports.
Retire current performance provisions such as shortage events, demand response, and external transaction penalties.
Anticipated date June 1, 2018
III. Price Responsive Demand Full Integration
Must offer requirements for assets mapped to resources with capacity supply obligation changes
Demand reduction offers to include ISO tariffs
DA & RT energy and reserve MIS settlement report revisions
Anticipated date June 1, 2018
IV. NCPC Cost Reallocation
Real time NCPC cost allocation during scarcity conditions
Load deviations from day ahead commitments to relieve NCPC uplift charges
Settlement MIS report revisions
Anticipated date June 1, 2018
The next ISONE Settlements Forum will be held on Thursday March 8, 2018 at 10am EST
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