Real-Time Co-optimization Credit Work Group NPRR Review
Explore the detailed review of Real-Time Co-optimization Credit Work Group NPRR focusing on management activities, day-ahead operations, transmission security analysis, and real-time operations. The summary includes key principles addressed in NPRRs 1007, 1008, 1009, and 1010 for the ERCOT system's efficient implementation of Real-Time Co-optimization of energy and Ancillary Services.
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Presentation Transcript
Real-Time Co-optimization Credit Work Group NPRR Review Vanessa Spells Matt Mereness CWG September 16, 2020
Next Steps Aug 19 CWG meeting (today) Highlight need for CWG review of NPRR1007-NPRR1013 ERCOT provides initial summary of credit impacts Note that although RTCTF continues to meet until October 21, 2020, all Pricing and Settlement consensus items are complete and posted here: http://www.ercot.com/calendar/2020/9/9/191170-RTCTF Sept 16 CWG meeting ERCOT Credit will review prior materials and ask if any issues Oct 16 CWG meeting ERCOT Credit (Vanessa) and RTCTF Chair (Matt Mereness) asks if any questions or concerns with RTCTRRs from a credit impact perspective. Ask CWG for agreement on comments to be filed by Nov 17. Nov 17 CWG meeting Last meeting before Board to file CWG comments on credit impacts Questions and concerns can be sent to Vanessa.Spells@ercot.com and/or Matt.Mereness@ercot.com 2 PUBLIC
RTC NPRRs 1007NPRR RTC NP 3: Management Activities for the ERCOT System. This NPRR updates the Management Activities for the ERCOT system in the Protocols to address changes associated with the implementation of Real-Time Co-optimization (RTC) of energy and Ancillary Services. Specifically, this NPRR addresses the following Key Principles: KP1.1 Ancillary Service Demand Curves and Current Market Price Adders; KP1.3 Offering and Awarding of Ancillary Services in Real-Time; KP1.4 Systems/Applications that Provide Input into the Real-Time Optimization Engine; KP1.5 Process for Deploying Ancillary Services; KP3 Reliability Unit Commitment; KP4 The Supplemental Ancillary Service Market Process; KP5 Day-Ahead Market; KP6 Market-Facing Reports; and KP7 Performance Monitoring. 1008NPRR RTC NP 4: Day-Ahead Operations. This NPRR updates Day- Ahead Operations in the Protocols to address changes associated with the implementation of Real-Time Co-optimization (RTC) of energy and Ancillary Services. Specifically, this NPRR addresses the following Key Principles: KP1.1 Ancillary Service Demand Curves and Current Market Price Adders; KP1.2 System-Wide Offer Cap and Power Balance Penalty Curve; KP1.3 Offering and Awarding of Ancillary Services in Real-Time; KP1.4 Systems/Applications that Provide Input into the Real-Time Optimization Engine; KP1.5 Process for Deploying Ancillary Services; KP4 The Supplemental Ancillary Service Market Process; Day-Ahead Market; KP6 Market-Facing Reports; and KP7 Performance Monitoring. KP5 PUBLIC
RTC NPRRs 1009NPRR RTC NP 5: Transmission Security Analysis and Reliability Unit Commitment. This NPRR updates Transmission Security Analysis and Reliability Unit Commitment (RUC) to address changes associated with the implementation of Real-Time Co-optimization (RTC) of energy and Ancillary Services. Specifically, this NPRR addresses the following Key Principles: KP3 Reliability Unit Commitment; KP4 The Supplemental Ancillary Service Market Process; KP5 Day-Ahead Market; KP6 Market-Facing Reports; and KP7 Performance Monitoring. 1010NPRR RTC NP 6: Adjustment Period and Real-Time Operations. This NPRR updates the Adjustment Period and Real-Time Operations in the Protocols to address changes associated with the implementation of Real-Time Co-optimization (RTC) of energy and Ancillary Services. Specifically, this NPRR addresses the following Key Principles: KP1.1 Ancillary Service Demand Curves and Current Market Price Adders; KP1.2 System-Wide Offer Cap and Power Balance Penalty Curve; KP1.3 Offering and Awarding of Ancillary Services in Real-Time; KP1.4 Systems/Applications that Provide Input into the Real-Time Optimization Engine; KP1.5 Process for Deploying Ancillary Services; KP1.6 Ancillary Service Imbalance Settlement; KP3 Reliability Unit Commitment; KP4 The Supplemental Ancillary Service Market Process; KP5 Day-Ahead Market; KP6 Market-Facing Reports; and KP7 Performance Monitoring. PUBLIC
RTC NPRRs 1011NPRR RTC NP 8: Performance Monitoring. This NPRR updates performance monitoring in the Protocols to address changes associated with the implementation of Real-Time Co-optimization (RTC) of energy and Ancillary Services. Specifically, this NPRR addresses the following Key Principles: KP1.3 Offering and Awarding of Ancillary Services in Real-Time; KP1.4 Systems/Applications that Provide Input into the Real-Time Optimization Engine; KP1.5 Process for Deploying Ancillary Services; KP2 Suite of Ancillary Service Products; KP6 Market-Facing Reports; and KP7 Performance Monitoring. 1012NPRR RTC NP 9: Settlement and Billing. This NPRR updates Settlement and Billing in the Protocols to address changes associated with the implementation of Real-Time Co-optimization (RTC) of energy and Ancillary Services. Specifically, this NPRR addresses the following Key Principles (KPs): KP5 Day-Ahead Market and General alignment of Protocol Sections with other RTC NPRRs PUBLIC
RTC NPRRs 1013NPRR RTC - NP 1, 2, 16, and 25: Overview, Definitions and Acronyms, Registration and Qualification of Market Participants, and Market Suspension and Restart. This NPRR updates the Protected Information provisions, definitions and acronyms, registration and qualification of Market Participants, and Market Suspension and Restart in the Protocols to address changes associated with the implementation of Real-Time Co-optimization (RTC) of energy and Ancillary Services. Specifically, this NPRR addresses the following Key Principles: KP1.4 - Systems/Applications that Provide Input into the Real-Time Optimization Engine; KP1.6 Ancillary Service Imbalance Settlement; KP4 The Supplemental Ancillary Service Market Process; KP5 Day-Ahead Market; KP6 Market-Facing Reports; and KP7 Performance Monitoring. PUBLIC
