Align Base Point Deviation Settlement with GREDP/CLREDP Changes
"Learn about the changes in Base Point Deviation settlement aligning with GREDP/CLREDP changes discussed at the Magie Shanks ERCOT RTCTF Meeting on 12/03/2019. The overview includes adjustments to Generation Resource Energy Deployment Performance (GREDP) and Controllable Load Resource Energy Deployment Performance (CLREDP) calculations, focusing on the Average Set Point (ASP) component. Explore the proposed concept and settlement input details for a clear understanding."
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Presentation Transcript
KP-7: Align Base-Point Deviation Settlement with GREDP/CLREDP Changes Magie Shanks ERCOT RTCTF Meeting 12/03/2019
Overview Changes to Base Point Deviation (BPD) charge calculations that align with changes to GREDP/CLREDP. KP-7: Generation Resource Energy Deployment Performance (GREDP) and Controllable Load Resource Energy Deployment Performance (CLREDP) calculations will updated to account changes made to deployments instructions from ERCOT. The ABP and ARI components of the GREDP and CLREDP calculations will be replaced with an Average Set Point (ASP) component, where ASP is equal to the time-weighted average of the Updated Desired Set Point (UDSP), which is sum of a linearly ramped Base Point (Base Ramp) and Regulation Service instruction that the Resource should have produced during a five-minute clock interval. 2 PUBLIC
BPD Settlement Input Current Aggregate Adjusted Base Point (AABP): AABP = AVGBP + AVGREG Proposed Aggregate Adjusted Base Point (AABP): AABP = ASP AVGBP = Average Base Point AVGREG = Average Regulation Instruction ASP = Average Set Point 3 PUBLIC
Proposed Principle Concept The Aggregate Adjusted Base Point (AABP) calculation used in the Base Point Deviation (BPD) Settlement will replace the sum of the Average Base Point (AVGBP) and the Average Regulation Instruction (AVGREG) with the Average Set Point (ASP) component. 4 PUBLIC
Questions? 5 PUBLIC
