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In our ongoing efforts to streamline market regulations, several obsolete provisions have been identified and eliminated from Market Rule 1. Key changes include the deletion of Section III.14, effective August 2013, and the new provisions regarding DRP-Only Customers. Additionally, amendments require reviews from the Reliability Committee and Transmission Committee, with a vote anticipated at the August 2012 Participants Committee meeting. Further evaluations are ongoing to enhance regulatory efficacy, with selected changes already scheduled for discussion in upcoming committee meetings.
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April 10, 2012 Jay P. Dwyer Senior Analyst for Markets & regulatory practice Elimination of Obsolete Provisions Revisions to Market Rule 1
Since our Last Meeting New changes identified and/or deleted
Changes to Scope • Changes proposed to Section III.14 have already been made. • This Section was deleted in the CTS filing effective August 2013; • New Section III.14 for Regulation isn’t being implemented until late 2013. • Changes reflecting the elimination of DRP-Only Customers have been added. • A previous filing eliminated this term, but only in the FAP • Expanding this project to eliminate this term elsewhere in the Tariff • At NEPOOL Counsel’s suggestion, we are also reviewing the elimination of the term from the MPSA (this item falls under the TC).
Changes to Process • Another committee review is added. • Section III.12 changes require RC review. • MPSA Changes require TC Review. • These changes extend the schedule slightly so that the Participants Committee vote would likely be in August 2012. • We still expect to request a vote at the May Markets Committee meeting. • The MPSA revisions will be put on the Transmission Committee agenda as soon as we can. • The Section III.12 changes are on the April Reliability Committee agenda