What has ISO New England done to ensure readiness for implementation of SMD?
ISO New England completed a nine-month software-testing period, a series of market trials, a certified independent software audit and numerous training opportunities for market participants to prepare for the implementation of SMD. ISO New England conducted a total of three external market trials. These trials established a simulated environment that allowed ISO New England and market participants to test the readiness of the SMD software, business processes and systems. Additionally , PA Consulting Group, headquartered in London, England, conducted the independent software review of ISO New England’s SMD systems and concluded that the SMD software is certified and ready for market start. The review and certification process focused on the written SMD documentation, including Market Rule 1 and the New England Power Pool (NEPOOL) Manuals and Operating Procedures, as well as a review of the SMD software components, including software for scheduling, pricing and dispatch. This review demo
