Timeline

February 2005: ISO New England begins operation as a Regional Transmission Organization
March 2004: FERC conditionally approves ISO New England as an RTO
March 2003: ISO New England implements Standard Market Design, an improved wholesale market design for the region
January 2003: ISO New England Board of Directors votes unanimously to pursue the creation of an RTO for New England.
June 2001: ISO New England proposes Standard Market Design, rules to govern new wholesale markets
May 1, 1999: ISO New England begins managing restructured regional wholesale power markets
July 1, 1997: ISO New England created to manage the regional bulk power system and new wholesale markets and ensure access to transmission systems
1996: FERC Order 888 deregulates portions of the electric power market
1971: New England Power Pool (NEPOOL) created to establish a central dispatch system and enhance system reliability
January 1966: Northeast Power Coordinating Council (NPCC) formed to improve system reliability
November 9, 1965: Great Northeast Blackout shuts down power for 30 million customers

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