Implementing NEPOOL´s restructuring proposal: the installed capacity market

Author

Fedora, Philip A. ; Kazin, Craig A.

Author_Institution

ISO-New England Inc., Holyoke, MA, USA

Volume

3

fYear

1998

fDate

1998

Firstpage

132

Abstract

The paper summarizes the installed capacity market as proposed by recent amendments to the New England Power Pool (NEPOOL) Agreement and describes the resulting changes required in NEPOOL´s settlement infrastructure. The market´s bidding specifics are expected to be finalized by the NEPOOL participants in 1997. Once finalized, appropriate procedures will be incorporated into the settlement processes administered by the Independent System Operator (ISO). The target date for implementation of the installed capacity market is November 1, 1997; the interim energy markers are expected to follow and become operational in April, 1998. Andersen Consulting has been retained by NEPOOL to assist in the development of a transition plan, schedule and resource requirements to meet these target dates

Keywords

electricity supply industry; power system planning; scheduling; Andersen Consulting; Independent System Operator; NEPOOL restructuring proposal; NEPOOL settlement infrastructure; New England Power Pool Agreement; energy markers; installed capacity market; market bidding; resource requirements; transition plan; transition schedule; Automatic generation control; Bylaws; Control systems; Costs; Ethics; Flexible printed circuits; ISO; Power markets; Proposals; Scheduling;

fLanguage

English

Publisher

ieee

Conference_Titel

System Sciences, 1998., Proceedings of the Thirty-First Hawaii International Conference on

Conference_Location

Kohala Coast, HI

Print_ISBN

0-8186-8255-8

Type

conf

DOI

10.1109/HICSS.1998.656083

Filename

656083