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Power Pool Politics: How New England Agreed to an ISO

Fortnightly Magazine - February 15 1997

participation, nondiscriminatory regional transmission tariff and competitive-market criteria.

Dec. 31, 1996 (em Files agreements with FERC to restructure, and create New England wholesale electric power market.

Source: William P. Sheperdson, manager, public information, NEPOOL.

NEPOOL's Future

Upcoming Milestones

Feb. 28, 1997 (em Target date to submit market power study to FERC, plus information on new NEPOOL market structure.

March 1, 1997 (em Requested effective date for NEPOOL Open-Access Transmission Tariff, and new governance and general provisions.

March 1997 (em NEPOOL committees are reconstituted; new voting formula gives representation to all participants.

April 1997 (em Candidates selected and nominated for ISO corporate board of directors.

May 1997 (em Election of the initial ISO board. Interim ISO/NEPOOL agreement takes affect.

July 1, 1997 (em Transfer control area responsibility and tariff administration from NEPOOL staff to ISO.

July - Dec. 1997 (em Modifify interim ISO agreement; execute definitive ISO/NEPOOL agreement.

Jan. 1, 1998 (em Target effective date for final market arrangements.

Source: "Transmittal Letter," to FERC, Dec. 30, 1996, pages 8-9.

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