ISONE and the New England Power Pool (NEPOOL) filed a proposal FERC to add 30 minutes to the submission window for the Day-Ahead Energy Market.The window would extend to 10:30 a.m. if FERC approves the change. The ISO will still be required to clear the market and post results by 1:30 p.m.
This will afford suppliers additional time to consider late-breaking information before finalizing their day-ahead offers and bids. This extension will not require an Adapt2 software upgrade, but we do encourage that all market participants review their current submission processes to maximize this extension.
ISONE and NEPOOL have asked for the changes to become effective September 30, 2020.