NEW ENGLAND POWER POOL                                                                    


The New England Power Pool (NEPOOL) was established in 1971 as a voluntary association of market participants from the six New England States.  The Participants Committee is the principal governing body of NEPOOL, which considers and acts on all matters affecting the New England region’s wholesale electric power arrangements, either directly or by delegation. The Participants Committee is made up of six energy Sectors in which every NEPOOL Participant, together with its Related Persons, is entitled to have a member and alternate.  The six Sectors are each represented by an Officer that is selected by the Sector on an annual basis. A Committee Chairperson is elected from among those Officers.  The Participants Committee meets monthly in a New England locale, typically in Boston or its environs, and has an annual Summer Meeting, typically at the end of June, at locations throughout the New England States.  

Feb 18    ISO-NE files FCA14 Results.  In its filing with the FERC, ISO-NE reported that FCA14 commenced with a
  starting price of $13.099/kW-mo. and concluded for all Capacity Zones after five rounds. All Resources will 
  be paid the same Capacity Clearing Price -- $2.001/kW-mo. With no active demand bids for the substitution 
auction, the substitution auction was not conducted. No resources cleared as Conditional Qualified New
Generating Capacity Resources. No Long Lead Time Generating Facilities secured a Queue Position to
participate as a New Generating Capacity Resource. No de-list bids were rejected for reliability reasons.
ISO-NE asked the FERC to accept the FCA14 rates and results, effective June 17, 2020. Comments on this
filing are due on or before April 3 2020. View the filing here.

Feb 14    FERC Rejects Fuel Security Retention Sunset.  The FERC, in a 2-1 decision (Glick Dissenting), rejected
                  without prejudice the changes jointly filed by ISO and NEPOOL that would have sunsetted one year early
                  the FCM mechanism that permits a resource to be retained for fuel security reasons.  The FERC  found the 
                  filing "unjust and unreasonable because it would prematurely terminate the Fuel Security Reliability 
                  Retention Mechanism prior to ISO-NE submitting its Permanent Market Solution to the Commission for 
                  review."  The Feb 14 order can be view here.

Feb 5         ISO-NE Issues FCA14 Results Press Release.  ISO-NE announced that FCA14 concluded Feb 3 with 
                  sufficient resources to meet demand in 2023/24, closing at a preliminary clearing price of $2.00/kW-mo. 
                  The primary auction concluded with commitments from 33,956 MW (a 1,466 MW surplus system-wide),
                  which included 28,978 MW of generation (335 MW new), 3,919 MW of demand resources (323 MW new),
                  and 1,059 MW of imports.  258 MW of retirement bids and 21 MW of permanent de-list bids were cleared
                  before the auction.  Mystic 8 & 9 were retained for fuel security reasons.  Additional details are available   in 
ISO-NE's press release which may be viewed here.

Feb 19         Reliability Committee - Westborough, MA DoubleTree Hotel.  materials.

Feb 20         Planning Advisory Committee - Westborough, MA DoubleTree Hotel.  materials.

Feb 21     GIS Operating Rules Working Group - teleconference.  materials.

Feb 26         Transmission Committee - teleconference.  materials.

Feb 27         Demand Resources Working Group - Holyoke, MA ISO-NE (Boston Conf. Room).  materials.

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