Implementation of new Regulation Market to bring changes to settlements and MIS reporting 
Friday, February 20, 2015 at 9:35AM
ISO New England in Market Participant Announcements, regulation market, settlements

ISO-NE offers resources to help market participants prepare

ISO New England will be implementing changes to the Regulation Market on March 31, 2015. The changes comply with Federal Energy Regulatory Commission (FERC) Order No. 755, Frequency Regulation Compensation in Organized Wholesale Power Markets, which requires a two-part payment methodology to select and compensate frequency regulation resources.

Major settlement-related market changes include the following:

Prepare for Implementation

The ISO offers several resources for market participants to prepare for the settlement changes that take effect March 31. You can view:

Offers in the new Regulation Market must be submitted via eMarket software in the new format starting March 31, 2015. Market participants are advised to revise their systems before the cutover and test changes in the eMarket sandbox environment. Learn more.

For questions or assistance, please contact ISO Customer Support at custserv@iso-ne.com or (413) 540-4220.

Article originally appeared on ISO Newswire (http://isonewswire.com/).
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