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March 12, 2013, markets committee meeting, Milford, ma. Parviz Alivand. Senior analyst, Internal market monitor, ISO- New England. A Strategic Planning Initiative. IMM’s Opinion on FCM PI. Main Points. IMM Supports ISO’s Proposal of FCM PI
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March 12, 2013, markets committee meeting, Milford, ma Parviz Alivand Senior analyst, Internal market monitor, ISO- New England A Strategic Planning Initiative IMM’s Opinion on FCM PI
Main Points • IMM Supports ISO’s Proposal of FCM PI • It provides strong incentives for resources to perform during shortage events • IMM is studying the impact of the new construct on bidding behavior and will include the risks of non-performance in calculating de-list bids. • IMM is considering developing a template for calculation of non-performance costs • IMM is reviewing the Dynamic Delist Threshold in light of the new design.