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.  

Mar 11  NEPOOL Meetings in March & April to be Conducted Via Teleconference with WebEx Capabilities.
 In light of continued concerns over the potential spread of the latest coronavirus (COVID-19), and the recent 
ISO-NE policy announcement, NEPOOL's elected officers have concluded that the remaining March and April
NEPOOL meetings will be conducted via teleconference with webinar capabilities.  Monitoring  of the 
coronavirus situation will continue and updates provided as soon as circumstances suggest that in-person meetings can be restored.  Please continue to follow the precautions recommended by the CDC to minimize
exposure to and spread of this virus.  Wishing all good health through this period.

Mar 10  FERC Grants Rehearing of Nov 9, 2018 order, Rejects Economic Life Determination Revisions.  The FERC, granting NEPGA's request for rehearing of the Nov 9, 2018 order accepting revised Tariff language
that changed the determination of economic life under Section III. of the Tariff, rejected the
revisions, without prejudice to ISO-NE filing proposed tariff revisions similar to the Economic Life Revisions, to
be effective prospectively.  Though it rejected the revisions, the FERC did not require ISO-NE to rerun FCA13
or FCA14 without applying the Economic Life Revisions.  View the order here.

Mar 6   FERC rejects Fuel Security Retention Limit Revision.  Because it did not find just and reasonable
 the revision to Market Rule 1 Section III., jointly filed by ISO-NE and NEPOOL (Filing Parties),
 that would have provided that 
a resource retained for fuel security reasons will not be retained for a longer
 period for some other reason beyond the two-year fuel-security retention period, the FERC rejected the
 Revision.  The FERC did state that it remained "open to Filing Parties proposing to revise the relevant
 reliability review timeline to ensure that resources are not unnecessarily retained when transmission solutions
 will be in place in time to address identified reliability needs."  View the order here.   

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.

Apr 7 Markets Committee - teleconference.  materials.

Apr 7 Joint Markets Committee/Reliability Committee Meeting - teleconference.  materials.

Apr 13 Membership Subcommittee - teleconference.  materials.

Apr 14 Environmental Advisory Group - teleconference.  materials.

Apr 16 Demand Resources Working Group - teleconference.  materials.

Apr 21 Budget & Finances Subcommittee - teleconference.  materials.

Apr 22 Reliability Committee - WebEx and teleconference.  materials.

Apr 23 Planning Advisory Committee - WebEx and teleconference.  materials.

Apr 14 Transmission Committee - WebEx and teleconference.  materials.

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