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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