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ARTICLE · 13 JANUARY 2016

FERC Institutes Two Complaint Proceedings Against ISO-NE

Troutman Pepper Locke LLP
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On December 28, 2015, the Federal Energy Regulatory Commission ("FERC") instituted two separate Federal Power Act Section 206 proceedings based on findings that ISO-NE Inc.'s...

United StatesEnergy and Natural Resources
Troutman Pepper Locke LLP
Troutman Pepper Locke LLP
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On December 28, 2015, the Federal Energy Regulatory Commission ("FERC") instituted two separate Federal Power Act Section 206 proceedings based on findings that ISO-NE Inc.'s ("ISO-NE") Transmission Markets and Services Tariff ("Tariff") is unjust, unreasonable, unduly discriminatory or preferential. One Section 206 proceeding (FERC Dockets Nos. EL16-15-000 and ER14-1639-000) seeks to require ISO-NE to submit Tariff revisions by March 31, 2016 that implement zonal sloped demand curves in its Forward Capacity Market ("FCM") rules ("FCM Rules Proceeding"). The other Section 206 (FERC Docket No. EL16-19-000) proceeding seeks to develop just and reasonable formula rate protocols to be included in the ISO-NE Tariff and to examine the justness and reasonableness of the ISO-NE's regional network service ("RNS") rates and local network service ("LNS") rates ("Formula Rates Proceeding").

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