Title :
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
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;
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
DOI :
10.1109/HICSS.1998.656083
