RTC+B Task Force Update: Program Review & Issue Resolution
Stay updated on the RTC+B Task Force's latest program review and issue resolutions, including discussions on topics like AS Demand Curves and RUC Capacity Shortages. Explore key principles, meeting plans, and current issues affecting the energy market.
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Presentation Transcript
RTC+B Task Force Update Matt Mereness RTCBTF February 21, 2024
Outline - - - Brief Program update: RTC+B Program Update from Feb Board T&S Reminder of RTCBTF Review Cycle (no change) Review of Issues List - Historical PUC direction on AS Demand Curves and AS Offer Caps - Emergency Pricing approach (NPRR1216) Today s topics relate to Issues List: - RTCBTF Issue 18 - AS Demand Curves - (ERCOT to provide some initial analysis) - RTCBTF Issue 10 - Draft Notice- QSE Technical Survey - (ERCOT will discuss a market notice for technical engagement) - RTCBTF Issue 17 - RUC Capacity Short - (ERCOT will lead significant discussion of settlement calculations for RUC charges for QSE short positions) - - Multiple requests to complete by 1pm today 2 2 Public
RTC+B Program Update (excerpt from Feb Board T&S RTC Update) 3 Public
Plans for Meetings and Review Cycles Reminder of RTC+B Program Scope RTC Key Principles were approved to lay foundation of NPRR1007-1013 Consolidated Key Principles: https://www.ercot.com/files/docs/2020/04/01/RTC_Key_Principle_Quick_Reference.docx Library of Key Principles: https://www.ercot.com/mktrules/puctDirectives/rtCoOptimization Battery Key Topic Concepts approved to lay foundation of NPRR1014 https://www.ercot.com/mktrules/keypriorities/bes RTC State-of-Charge accounting in NPRR1204 Objective is to present concepts or issues that need to be resolved for an effective implementation. Coordinating timelines for interface requirements and testing, Providing the forum for any analysis or policy decisions (such as parameter values) Coordinating market readiness and cutover activities, Review draft Revision Requests or other artifacts necessary to successfully implement the program within the identified timeframes, and discussing other details as needed. Lessons learned from RTCTF to avoid being delayed in decisions: Meeting #1: Initial concept presented by ERCOT staff Meeting #2: Comments and alternatives presented by MPs Meeting #3: RTCTF consensus achieved or escalated to TAC for a vote to decide the matter. 4 Public
Current Issues List As we review current issues list want to highlight: 2019 PUCT Direction on certain types of items (AS Demand Curve, AS Offer Cap) https://interchange.puc.texas.gov/Documents/48540_60_1023555.PDF Changes to these areas of policy would be outside of this task force, where MPs could file a petition for a rulemaking or contested case. Discuss if/how to consider NPRR1216 Emergency Pricing at RTCBTF Link to this month s issues on today s meeting page Protocol needed? No No No VCMRR needed Source Type Id Issue to resolve Approval Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Jan-25 1 2 3 Parameters for Ancillary Service proxy offers (values for the parameters) ASDCs for use in Reliability Unit Commitment (RUC) studies (values for parameters) Framework for periodic analysis comparing RTC and the current ORDC design KP 1.1(8) Policy Policy Analysis TAC TAC No Normal process Normal process Exisiting processes Exisiting processes No Existing processes ? No TAC TAC TAC TAC TAC TAC RTCTF issue RTCTF issue RTCTF issue 4 Verifiable Cost Manual (Change for on-line hydro Resources per Key Principle 1.3(3)) Other RTCTF issue 5 Additional review of transmission constraint max. shadow price values (Sec 22 protocols per NPRR1211) Policy Yes RTCTF issue Operation Procedures (e.g., removing SASM and HASL/LASL), note to include any needed discussion on triggers for initiating off-cycle SCED execution 6 Readiness No RTCTF issue 7 Business Practice Manuals (e.g., changes to COP and telemetry) Readiness No RTCTF issue 8 Mapping of bill determinants to extracts and reporting for developing shadow settlement Readiness No RTCTF issue 9 Changes to ICCP handbook, and documentation for non-ICCP market submissions Readiness No RTCTF issue 10 11 12 13 14 15 16 17 Market trials/training/annual seminar engagement (release plans/dates for market trials) Any details MPs need for designing their control systems Scaling Factor Values for RegU and RegD (ie, ramp sharing as values, dynamic or static?) How DRRS would work in an RTC paradigm Inclusion of firm load shed in the pricing run - (RTC changes to align with NPRR1081) Various protocol references need to be updated RTC SOC duration parameter discussion RUC Capacity Short Calculations with SOC Readiness Readiness Other Other Policy Other Policy Policy ? No No Yes Yes Yes No Yes RTCTF issue RTCTF issue ERCOT 2023 ERCOT 2023 ERCOT 2023 ERCOT 2023 ERCOT 2023 ERCOT 2023 18 RTCBTF 1/12/24Review of the AS Demand Curves in the context of current policy. Other No No Normal process 19 RTCBTF 1/12/24Emergency Price Program alignment to RTC (imbedded within NPRR1216, monitor only for RTCBTF) Policy Yes Red is to reflect updated dates of review Gray is to reflect exisitng review schedule 5 Public
Proceed with rest of meeting - Any questions before we start today s topics? - RTCBTF Issue 18 - AS Demand Curves - (ERCOT to provide some initial analysis) - RTCBTF Issue 10 - Draft Notice- QSE Technical Survey - (ERCOT will discuss a market notice for technical engagement) - RTCBTF Issue 17 - RUC Capacity Short - (ERCOT will lead significant discussion of settlement calculations for RUC charges for QSE short positions) 6 Public
