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National Electric Market Design Rulemaking Plan

Explore reasons for standard market design rulemaking for a seamless national electricity marketplace. Discuss changes in pro forma tariff, energy markets, transmission services market, and more. Timeline includes staff paper, workshops, NOPR issuance, and rule implementation in 2002.

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National Electric Market Design Rulemaking Plan

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  1. Transmission Tariff and Market Design Rulemaking Alice Fernandez, Mark Hegerle, Kevin Kelly, Dave Mead, Ed Murrell, Joe Power, and Dave Withnell

  2. Reasons for Standard Market Design Rulemaking • Objective is a seamless national electricity marketplace • Need to look at power markets together with transmission markets • Greater standardization is needed

  3. Plan for NOPR • Build off of RTO Week discussions and work of the Electronic Scheduling Collaborative • Make key policy decisions on the elements of standard market design • Use industry collaborative process to develop detailed standards

  4. Elements of the NOPR • Changes required in the pro forma tariff • Energy markets • Market for transmission services • Operating reserves • Ensuring adequate generation capacity • Market Monitoring • Market Mitigation

  5. Timeline for the Rule • Issue staff paper – Dec 2001 • Industry workshops – Jan/Feb 2002 • Issue NOPR -- March 2002 • Industry workshops– April/May 2002 • Comments – May 2002 • Rule – July 2002

  6. Pre-NOPR Outreach • Multi-day workshop in mid-January • Conference with state commissioners in early February • Individual meetings with industry segments

  7. Conclusion • Getting the right market design is critical • Need input from all stakeholder interests to do that

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