ISONE Quarterly Settlements Forum: December 2017

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