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Market Rule Changes for M&V Certification Requirements | Timing and Documentation Update

This update highlights the changes in the market rule for M&V certification requirements. It specifies the timing and documentation needed for certification. Stay informed about the upcoming changes and ensure compliance.

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Market Rule Changes for M&V Certification Requirements | Timing and Documentation Update

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  1. May 2, 2018 | Holyoke, ma Trista Ristvedt Analyst, asset registration & auditing PRD Changes M&V Certification Update

  2. Topics Market Rule Changes to M & V Certification Requirements Affected resource types Timing

  3. Section III.13.1.4.3.1.3 Annual Certification of Accuracy of Measurement and Verification Documents. Demand Resource Project Sponsors for On-Peak Demand Resources, or Seasonal Peak Demand Resources and Real-Time Demand Response Resources shall submit no less frequently than once per year, a statement certifying that the Demand Resource projects for which the Project Sponsor is requesting compensation continue to perform in accordance with the submitted Measurement and Verification Documents reviewed by the ISO. One such statement must be received by the ISO no later than 10 Business Days before the Existing Capacity Qualification Deadline. Market Rule 1: Current Version

  4. Existing Capacity Qualification Deadline: June 8, 2018 Due date for M&V Certifications: May 24, 2018 Current Requirements

  5. Section III.13.1.4.3.1.3Annual Certification of Accuracy of Measurement and Verification Documents. Project Sponsors for On-Peak Demand Resources and Seasonal Peak Demand Resources shall submit no less frequently than once per year, a statement certifying that the Demand Capacity Resource projects for which the Project Sponsor is requesting compensation continue to perform in accordance with the submitted Measurement and Verification Documents reviewed by the ISO. One such statement must be received by the ISO no later than 10 Business Days before the Existing Capacity Qualification Deadline. Market Rule 1: Effective June 1, 2018

  6. Next year M&V Certifications will only be required for On-Peak and Seasonal Peak Demand Resources Due May 23, 2019 What this means

  7. Manual M-MVDR, ~September 2018 M&V Certification Form, ~2019 Manual M-RPA, ~September 2018 Updated Documents

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