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September 11, 2013 | NEPOOL markets committee. Erin H. O’Brien. Senior Tariff analyst | market development. FCM-Related Projects and Manual 20 Clean-up. Conforming Manual Changes. Background. FCM-Related Projects and Manual 20 Clean-up. Conforming Manual Changes – Background.

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September 11, 2013 | NEPOOL markets committee

Erin H. O’Brien

Senior Tariff analyst | market development

FCM-Related Projects and Manual 20 Clean-up

Conforming Manual Changes


Background
Background

FCM-Related Projects and Manual 20 Clean-up


Conforming manual changes background
Conforming Manual Changes – Background

  • Bring Manuals 20 and MVDR in line with previous FCM projects:

    • Static De-list Bid Changes

      • After the qualification determination notifications are issued, the ISO will open a seven-day window to allow Market Participants to modify Static De-list Bids.

    • FCM Redesign Changes

      • Offer floor mitigation

      • Elimination of floor price

      • Revised mitigation rules

        • Dynamic De-list Bid threshold

        • Elimination of Pivotal Supplier and Quantity Rule

      • Elimination of “Cost of New Entry” (CONE)


Conforming manual changes background continued
Conforming Manual Changes – Background(continued)

  • Manual 20 clean-up

    • Update use of defined terms consistent with Section I.2.2.

    • Address expiration of Master FCM Schedule included in M-20, Section I

    • General clean-up

      • Incorporate or correct hyperlinks

      • Update or remove outdated practices

      • Make non-substantive grammatical edits




Fcm redesign conforming manual changes
FCM Redesign Conforming Manual Changes


Fcm redesign conforming manual changes continued
FCM Redesign Conforming Manual Changes(continued)



Clean up changes continued
Clean-up Changes(continued)


Clean up changes continued1
Clean-up Changes(continued)




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