Entries in financial assurance policy (3)

Wednesday
Sep182019

ISO-NE expands auction opportunities for Financial Transmission Rights

On September 17, 2019, ISO New England launched the Financial Transmission Rights - Balance of Planning Period (FTR BoPP) project to provide market participants with more opportunities to configure their FTR portfolio. The ISO and the New England Power Pool filed jointly with the Federal Energy Regulatory Commission to make the changes.

FTRs are important financial instruments in the Day-Ahead Energy Market (DAM) that entitle the holder, a market participant, to acquire an annual or monthly share of excess revenues collected by the ISO that arises when the New England transmission grid is congested. (Energy market prices are made up of three components: energy, transmission congestion costs, and losses.)

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Friday
Aug162019

Now available: Financial Assurance Requirements for FTR and Virtual Transactions self-paced training

The updated Financial Assurance Requirements for FTR and Virtual Transactions self-paced training is now available on the ISO New England website. This training provides a detailed explanation on the calculation of a participant's Financial Transmission Rights financial assurance and virtual transaction requirements within the ISO market. Viewing time is 24 minutes. Note: Internet Explorer or Firefox should be used to view this training. Email the market training team with questions at MkTraining@iso-ne.com.

Thursday
May232019

Financial assurance for the Forward Capacity Market web-based training

This web-based training provides an introduction to financial assurance (FA) changes occurring with Competitive Auctions with Sponsored Policy Resources and FA requirements for annual reconfiguration transactions. Topics include: existing non-commercial capacity FA requirement, calculating FA requirements for transferring capacity supply obligations in the reconfiguration auction or CSO bilateral, and determining FCM capacity charge requirements. Internet Explorer or Firefox should be used to view this training. Email the training team with questions at MkTraining@iso-ne.com.