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      • 快活app官网

        What We Do

        • Operate the Power System
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        Where We鈥檙e Going

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        Learn how 快活app官网 is fulfilling its Vision and upholding its Mission as the region transitions to a cleaner power system

      • Participate

        Applications and Status Changes

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        • Interconnection Process Guide
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        Governing Agreements

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        Rules and Procedures

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        Registration information and support for business entities doing business with 快活app官网

      • Committees and Groups

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        Transmission Committee and Working Groups

        • Transmission Committee

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        Planning Committees

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        Industry Collaborations

        • Consumer Liaison Group
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        Inactive Committees

        Key Projects

        • Capacity Auction Reforms Key Project
        • Operational Impacts of Extreme Weather Events Key Project
        • Order No. 1920 Key Project
        • Order No. 2222 Key Project
        • Order No. 2023 Key Project
        • Implemented Key Projects

        Stakeholder committees and working groups collaborating with the 快活app官网 in fulfilling its mission

      • System Planning

        Plans and Studies

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        Key Study Areas

        • Boston Key Study Area
        • Connecticut Key Study Area
        • Maine Key Study Area
        • New England-Wide Geomagnetic Disturbance Key Study Area
        • New Hampshire Key Study Area
        • Southeastern Massachusetts and Rhode Island Key Study Area
        • Vermont Key Study Area
        • Western and Central Massachusetts Key Study Area

        Planning Models and Data

        • Transmission Planning Models
        • FERC Form No. 715 Reports
        • Variable Energy Resource (VER) Data
        • Interconnection Service Study Planning Models
        • Generator Event and Data Reporting
        • PTF Catalog

        Ensuring that New England’s transmission system can reliably deliver power under a wide range of future system conditions

      • Markets and Operations

        快活app官网 Express

        • Real-Time Maps and Charts
        • Pricing Reports
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        Markets Data and Information

        • Day-Ahead and Real-Time Energy Markets
        • Forward Capacity Market
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        • Day-Ahead Ancillary Services Market and Real-Time Reserve Pricing
        • Net Commitment-Period Compensation
        • Regulation Market
        • Voltage Support
        • Blackstart Service
        • Demand Resources
        • Inventoried Energy Program

        Power System Forecast and Status

        • Morning Report
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        • Seven-Day Capacity Forecast
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        • Seasonal System Outlook

        Market Performance

        • Market Performance Reports
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        • Internal Market Monitor
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        Market Development

        • Wholesale Markets Project Plan

        Settlements and Billing

        • Understanding the Bill
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        • Settlement and Metering Holidays
        • Quarterly Settlements Forum
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        • Tariff Rates
        • Rate Development of Regional Transmission Charges
        • IROL-CIP Cost Recovery Under Schedule 17
        • Transmission Formula Rate Protocols Information Exchange
        • Generation Information System
        • Emergency Power Sales and Purchases
        • FERC Electric Quarterly Reporting
        • Pricing-Node Table

        Transmission Operations and Services

        • Transmission Service Types
        • Transmission Outage Scheduling
        • OASIS Materials
        • Operational Transmission Limits

        Facilitating competitive markets and reliable wholesale electricity delivery in New England

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      • Markets and Operations
      • Settlements and Billing
      • Understanding the Bill
      • Billable Line-Item Descriptions

      Inventoried Energy Program

      IN THIS SECTION

      • Understanding the Bill
      • Billable Line-Item Descriptions
      • MIS Report Descriptions, Templates, and Samples
      • Sample Invoice and Remittance Advice

      Inventoried Energy Program

      What is Inventoried Energy Program?

      To address winter energy security challenges, 快活app官网-NE is offering an interim program to compensate certain resources that provide fuel security. Beginning September 1, 2023, participants may elect to participate in the Inventoried Energy Program (IEP) with certain generating assets defined in Market Rule 1 Appendix K and per FERC order EL23-89-000. It is a voluntary, interim program designed to provide incremental compensation for participants that maintain inventoried energy for their assets during extreme cold periods when winter energy security is most stressed. The program is offered during the 2023–2024 and 2024–2025 winters (December to February) for commitment periods associated with the 14th and 15th Forward Capacity Auctions (FCAs).

      In what document(s) do I find details about the Inventoried Energy Program?

      Primary provisions for the settlement of the Inventoried Energy Program are defined in Market Rule 1 Appendix K.  Additional information related to affected systems, timeframes, supporting articles, training, and program development materials can be found on the Participant Readiness Project Outlook page and the Inventoried Energy Program (IEP) Project page.

      Who can expect to incur an Inventoried Energy Program Credit or Charge?

      Credits

      Participants enrolled in the forward component of Inventoried Energy Program shall receive a base payment for each day of the months of December, January and February for the relevant winter period.  On Inventoried Energy Days, participants enrolled in the spot component of the Inventoried Energy Program may receive a spot payment.  Spot payments may be positive or negative.

      Charges

      The allocation of charges to market participants is based on real-time load obligation, excluding real-time load obligation associated with Storage DARDs and Coordinated External Transactions.

      Related Standard Settlements

      N/A

      Related Billing Adjustments

      N/A

      Bill Detail

      The hourly services bill contains a single line item netting charges and credits entitled "Inventoried Energy Program."

      Reports

      Daily Financial Position Report

      BL_DAILYPOSITION—Daily financial position, including all market service settlements and miscellaneous billing adjustments generated daily, issued to all active customers registered as a participant or non participant

      Inventoried Energy Settlement Detail Report

      SD_INVENERGYDETAIL—Daily detail of participant's credits from participation in the forward and spot components of the Inventoried Energy Program.

      Inventoried Energy Settlement Summary Report

      SR_INVENERGYSUMMARY—Daily summary of participant's credits and charges from the Inventoried Energy Program.

      FERC EQR

      N/A

      Related Calculation Summary

      Inventoried Energy Program Calculation Summary

      Applications

      • GADS Reporting
      • 快活app官网 Express

      Markets and Operations Forecasting

      • Morning Report
      • Seven-Day Forecast
      • Three-Day Forecast
      • Power System Status

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