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 Chairman 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.  

Sep 19      FERC issues notice in AD14-19 of Oct 1, 2014 deadline for comments (strictly limited to 5 pages) on issues
                discussed at the Sep 18 public meeting convened by Commissioner Moeller.  That meeting explored ideas to 
                facilitate and improve the way in which natural gas is traded, and the concept of establishing a centralized 
                information and trading platform for natural gas.  View: Sep 18 meeting summary and proposals presented,
                post-meeting notice.

Sep 16      FERC issues notice that FCA8 results filing (ER14-1409) became effective by operation of law.
View Notice.  FERC Commissioners Bay and Clark objected to allowing the results of FCA 8 to become
                 effective.  View Commissioners Bay and Clark's Joint Statement.  Commissioners Moeller and LaFleur would
                 have supported accepting the filing.  View the separate statements by Chairman LaFleur and
                 Commissioner Moeller.

                  FERC also initiates 206 proceeding (EL14-99) requiring ISO-NE, on or before Oct 16, 2014, to either
                 submit Tariff revisions that provide for the review and potential mitigation of importers’ FCA offers in a
                 manner similar to the manner in which other, existing resources are reviewed and mitigated, or show cause
                 why it should not be required to do so.  View Order.  

Sep 10      Revised Legislative Update posted to NEPOOL Library.

Sep 9        FERC conditionally accepts Winter 2014/15 Reliability Program.  The FERC accepted, effective 
                 Dec 3, 2014, Tariff revisions intended to maintain reliability through fuel adequacy by creating incentives 
                 for dual-fuel resource capability and participation, offsetting the carrying costs of unused firm fuel purchased 
                 by generators and providing compensation for demand response services.  The order requires a stakeholder 
                 process to be initiated by Jan 1, 2015 to develop a "market-based" proposal to address reliability concerns 
                 for Winter 2015/16 and beyond, with a meeting schedule to be filed on or before Oct 9, 2014 and progress 
                 reports every 60 days thereafter for 12 months.  The order also directs the ISO to continue analyzing the 
                 appropriateness of the 1.75 volatility ratio of the higher-priced fuel index (included as part of new market 
                 monitoring changes) and include its analysis and recommendations as part of the IMM’s Annual Markets 
                 Report. View order.

Sep 9        FERC rejects Order 784 compliance filing.  Order directs by Oct 9, 2014, (a) a compliance filing
                 inserting  new pro forma Schedule 3 language regarding consideration of the speed and accuracy of
                 resources into Tariff Schedule 3 and (b) posting of historical one-minute and ten-minute Area Control Error
                 data on ISO-NE OASIS.  View order

** for additional recent regulatory developments, visit the Litigation Reports webpage.

Sep 23      Transmission Committee Westborough, MA DoubleTree.  materials.

Sep 24      Consumer Liaison Group  - Westborough, MA DoubleTree.

Sep 29      Variable Resources Working Group - Sturbridge, MA Publik House.  materials.
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