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RTCTF,
Below is the summary of comments and meeting expectations for October 30th for each agenda item.
Also, here are links to the latest/cumulative versions of the Key Principles to use for review at the meeting:
KP1.1 102419 Luminant Comments<http://www.ercot.com/content/wcm/key_documents_lists/180287/KP1.1_102419_Luminant_Comments.docx>
KP1.2 101419<http://www.ercot.com/content/wcm/key_documents_lists/180287/KP1.2_101419.doc>
KP1.3 102419 Combined Comments<http://www.ercot.com/content/wcm/key_documents_lists/180287/KP1.3_102419_Combined_Comments.docx>
KP1.4 102319 ERCOT Comments<http://www.ercot.com/content/wcm/key_documents_lists/180287/KP1.4_102319_ERCOT_Comments.doc>
KP2 100119 Siddiqi Comments<http://www.ercot.com/content/wcm/key_documents_lists/180287/KP2_100119_Siddiqi_Comments.docx>
KP3 102419 Luminant Comments<http://www.ercot.com/content/wcm/key_documents_lists/180287/KP3_102419_Luminant_Comments.doc>
KP5 101419<http://www.ercot.com/content/wcm/key_documents_lists/180287/KP5_101419.doc>
KP7 102319<http://www.ercot.com/content/wcm/key_documents_lists/180287/KP7_102319.docx>
KP8 102319 Austin Energy Comments<http://www.ercot.com/content/wcm/key_documents_lists/180287/KP8_102319_Austin_Energy_Comments.doc>
AGENDA for October 30 Meeting<http://www.ercot.com/calendar/2019/10/30/180286-RTCTF>
ROUND 3 REVIEW:
Agenda 3a) KP1.3 (12)- Proxy curves for RTC AS (Round 3- includes updated language from ERCOT based on Oct 9th meeting)
Agenda 3b) KP1.3 (9)- Operator ability to mitigate infeasible AS (Round 3- Discuss Luminant comments)
Agenda 3c) KP5(7)- AS Offers in DAM without Resource (Round 3- Discuss concept benefit and Shell comments)
Agenda 3d) KP2- Definition of the AS Products to Align with RTC Framework
(1)- AS products under RTC will be the products finalized with the approval NPRR863 (Round 3- no comments received)
(2)- ERCOT will limit AS awards to no more than the qualified quantity (Round 3- no comments received)
(3)- Regulation Service Qualification (Round 3- Crescent comments)
(4)- Responsive Reserve Service Qualification (Round 3- Crescent comments)
(5)- Non-Spinning Reserve Qualification (Round 3- no comments received)
(6)- ERCOT Contingency Reserve Service Qualification (Round 3- no comments received)
ROUND 2 REVIEW:
Agenda 3e) KP1.3(14) - Proposed FFR language by Crescent Power with ERCOT comment and moved up with (8)(c) (Round 2- Crescent and ERCOT)
Agenda 3f) KP1.3(1),(15) and KP1.4(3)-(4) - Resource Statuses and Telemetered AS Limitations (Round 2- Follow-up comments from Small Group Meeting)
Agenda 3g) KP1.3(4)(c) & (d) Exelon additions from Oct 9th meeting for Combined-cycle 5 minute Energy Offer Curves and Make-Whole (Round 2)
Agenda 3h) KP1.1(2),(6),(7) and KP3(13)-(18) - RUC Items and the Reliability Deployment Pricing Run (Round 2 Luminant Comments)
ISO LESSONS LEARNED ITEMS:
Agenda 3i) KP1.3(16) AS Substitution (Revisit concept in light of ISO Lessons Learned- Determine if consensus to reconsider Aug 27th decision)
INITIAL REVIEW ITEMS:
Agenda 4a) KP1.2 - Separate SWOC in DAM
Agenda 4b) KP1.5 - Emergency Operation Settlement
Agenda 4c) KP1.5 - Removal of Separate Regulation and FRRS Signals
Agenda 4d) KP1.6 - Credit Exposure Changes Associated with AS Imbalance
Agenda 4e) KP1.1 - AS Demand Curve for Regulation Down
Agenda 4f) KP7 - Change in GREDP Formulation - Associated with LFC Changes
Agenda 4g) KP1.3 - Changes to Validation of AS Trades - Associated with Real-Time Self-Provision
OUT OF SCOPE ITEMS:
Agenda 5) KP8 - Out of Scope Items: Addition of KP1.2 AS Price Cap (Austin Energy proposal)
Thanks,
Matt
From: Mereness, Matt
Sent: Wednesday, October 23, 2019 3:41 PM
To: [log in to unmask]
Subject: RTCTF Agenda for Oct 30th Meeting posted
RTCTF,
This is a quick note to advise that the RTCTF agenda is posted for next week's meeting. Tomorrow we will summarize the comments received and provide more details for the meeting: http://www.ercot.com/calendar/2019/10/30/180286-RTCTF
Also a heads-up that this is another very full agenda that potentially goes until 4:30pm and we will be ordering in a working-lunch. ERCOT has attempted to estimate the timeslot for each agenda to help set expectations and ensure all items are discussed.
Thanks again for the great support,
Matt
Matt Mereness
[log in to unmask]<mailto:[log in to unmask]>
O: 512.248.3089
M: 512.565.8939
From: Mereness, Matt [mailto:[log in to unmask]]
Sent: Tuesday, October 15, 2019 9:19 AM
To: [log in to unmask]<mailto:[log in to unmask]>
Subject: RTCTF materials for Oct 30th Meeting (comments due Oct 23)
RTCTF,
We have posted the latest version of the following Key Principle documents for comments for the October 30th meeting (http://www.ercot.com/calendar/2019/10/30/180286-RTCTF ). Below are the details for each item to assist in your review of the issues and potential alternatives.
Alternative language is due next Wednesday Oct 23.
Key Principle 1.1: Ancillary Service Demand Curves and Current Market Price Adders
(2)&(6)- Pricing run for reliability deployments (Round 2)
Key Principle 1.3 - Offering and Awarding Ancillary Services in Real-Time
(4)(c) & (d) Exelon comments/additions from Oct 9th meeting for Combined-cycle (Round 2)
(9)- Operator ability to mitigate infeasible AS (Round 3- discuss Luminant comments)
(12)- Proxy curves for RTC AS (Round 3- includes updated language from ERCOT based on Oct 9th meeting)
(14)- FFR specific considerations (Round 2- Siddiqqi proposal)
(15)- Telemetry discussion when resource unavailable to provide AS (Round 2- Trefny proposal)
Key Principle 2 - Definition of the AS Products to Align with RTC Framework
(1)- AS products under RTC will be the products finalized with the approval NPRR863 (Round 3)
(2)- ERCOT will limit AS awards to no more than the qualified quantity (Round 3)
(3)- Regulation Service Qualification (Round 3- Siddiqqi comments)
(4)- Responsive Reserve Service Qualification (Round 3- Siddiqqi comments)
(5)- Non-Spinning Reserve Qualification (Round 3)
(6)- ERCOT Contingency Reserve Service Qualification (Round 3)
Key Principle 3- RUC
(13) RUC will use the same proxy methodology for AS as Real-Time (Round 2)
(14) RUC will use the same scaling for AS offers as energy offers (Round 2)
(15) COP changes to reflect resource A/S capability (Round 2)
(16) Energy Offer Floor of $1,500 for RUC-instructed Resources (Round 2)
(17) AS Offer Floors of $1,500 for RUC-instructed Resources, or the ASDC value at the AS Plan quantity, whichever is lower (Round 2)
(18) RTC will not affect the ability for QSEs to opt out of RUC Settlement (Round 2)
Key Principle 5 (Round 3)
(7)- Virtual AS Offers- proposed by Morgan Stanley at 9/19 meeting (Round 3 Discuss concept benefit and Shell comments)
Best regards,
Matt
Matt Mereness
[log in to unmask]<mailto:[log in to unmask]>
O: 512.248.3089
M: 512.565.8939
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