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Changes to TMNSR Procurement Manual: Key Updates and Schedule for ISO-NE

This document outlines the recent changes to the TMNSR procurement manual following the increased requirements determined by ISO-NE in July 2012. Key points include the changes in Manual M-36 and M-28, reflecting the updated Forward Reserve requirement approved by the Markets and Participants Committees. The proposed schedule aims to implement these revisions about one month post-effective date, with an expedited process anticipated if there are no objections. Detailed references and upcoming votes are noted for clarity on the revisions.

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Changes to TMNSR Procurement Manual: Key Updates and Schedule for ISO-NE

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  1. FEBRUARY 5, 2013 Mc meeting Jay Dwyer Email: jdwyer@iso-ne.com Manual Changes for FRM TMNSR Procurement

  2. Background • In July of 2012 the ISO increased the TMNSR requirement; • The Tariff proposal to increase the Forward Reserve requirement was: • Voted by the Markets Committee at its October 2012 meeting; • Voted by the Participants Committee at its November 2012 meeting; and • Filed with the FERC on November 27, 2012 (ER13-000) to be effective March 1, 2013.

  3. Manual M-36 Changes • Section 2.2.2 revised to: • Delete “minimum” before “requirement”; and • Replace a sentence and numbered subparagraphs summarizing Section III.9.2.1 with a reference to that Section.

  4. Manual M-28 Changes Section 1.1(10): Reference to M-36 modified to refer to Section III.9.2.1. Section 2.1: Delete reference to Section 4 of M-36.

  5. Proposed Schedule

  6. Proposed Schedule Notes The proposed schedule up-dates the Manuals about one month after the Effective Date of the controlling Tariff provisions; A three-meeting process would make these revisions effective in May of 2013. The proposed schedule presumes there would be no objection to doing these revisions in two meetings rather than the usual three; If there are objections, the ISO will request a vote here in April and a Participants Committee vote in May.

  7. Questions

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