The Market Advisory Committee (the “MAC”) was established pursuant to s. 50(2) of the Electricity Act and in accordance with the New Brunswick Electricity Market Rules.

The Committee is an important part of the electricity market structure as it plays a key role in ensuring a co-coordinated, consistent and effective voice for market stakeholders. The MAC is an efficient mechanism for review of market issues and provision of recommendations to the NBSO Board of Directors.

The mandate of the MAC is to perform the functions assigned to it as outlined in the Market Rules and to advise the NBSO Board on the following matters:

• New Brunswick Electricity Market Rules
• Market procedures
• Issues pertaining to the functions of the NBSO under the Act, the market rules and the Open Access Transmission Tariff (OATT)
• NBSO’s monitoring and surveillance activities as contemplated in s. 3.5 of the Market Rules
• Revisions to the OATT; and
• Such other matters as may be identified from time-to-time by the NBSO Board of Directors.