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RTCTF,

Due to the number of items on the agenda for tomorrow we are ordering in sandwiches and salad to work through lunch.

Thanks,

Matt

 

From: Mereness, Matt
Sent: Friday, October 4, 2019 4:16 PM
To: [log in to unmask]
Subject: RTCTF update and materials for Oct 9th Meeting

 

RTCTF,

Below is an inventory of the planned discussion for RTCTF for next Wednesday’s meeting. 

 

An important update and piece of good news is that Cory has pulled together and posted the combined comments into a single version for each Key Principle document so we can review one document for each KP during the meeting:

KP1.1 092319  (Version posted included all prior comments)

KP1.2 092319  (Version posted included all prior comments)

KP1.3 100419 Combined Comments

KP2 100419 Combined Comments

KP5 100419 Combined Comments

 

Below are the details for each item to assist in your review of the issues and potential alternatives. 

************************************

Key Principle 1.1: Ancillary Service Demand Curves and Current Market Price Adders

(2)- Pricing run to reliability deployments  (Round 1- ERCOT to present more details of RUC/reliability deployment items)

(5)- Disaggregation of ORDC Curve (Round 3- No action needed, consensus on Crescent approach 9/19 and ready for October TAC)

 

************************************

Key Principle 1.2 - System-Wide Offer Cap and Power Balance Penalty Price

(3)  AS Price caps (Round 3- Proposals from Crescent and Luminant and look for task force consensus)

 

************************************

Key Principle 1.3- Offering and Awarding Ancillary Services in Real-Time

(1)- Ability for QSE to indicate when AS unavailable in Real-Time (Round 3 Trefny issues to be discussed)

(2)- UFR Load Resources will be able to self-provide RRS UFR and ECRS based on DAM Awards and Trades (Round 3 No issues to date)

(3)- STEC proposal for On-Line Hydro not in ONRR mode (Round 2 Review STEC alternative)

(4)- Combined-cycle frequency responsive AS constraint (Round 2 Presentation with additional detail from ERCOT on telemetry, also Exelon comments)

(5)- RTC will not change limits on sub-categories of AS products (Round 3 No issues to date)

(6)- Offline non-spin constraint during start-up (Round 3 Some discussion from Crescent in prior meeting, but no alternatives)

(7)- Quick-start constraint during start-up (Round 3 No issues to date)

(8)- Re-procurement of AS during deployments (Consensus at 9/19 meeting and ready for October TAC)

(9)- Operator ability to mitigate infeasible AS (Round 3 Minor edits at prior RTCTF, Luminant comments)

(10)- RTC will leverage AS Offer structure inherited from current structure, including NPRR863 (Round 3 No issues to date)

(11)- AS Offer curve submission will be same as Energy Offer Curve (Round 3 No issues to date, Exelon comments)

(12)- Proxy curves for RTC AS (Round 3 comments from TCPA/LCRA, Trefny, Crescent, Luminant)

(13)- Proxy curves for AS will not be created for DAM (same as today) (Round 3 No issues to date)

(14)- New FFR section proposed by Crescent

 

************************************

Key Principle 5- Day-Ahead Market

(1)- ASDCs will be used in DAM (Round 3 No issues to date)

(2)- ASDCs in DAM will be same as Real-Time  (Round 3 No issues to date)

(3)- Current DAM Insufficiency Process will be removed (Round 3 No issues to date)

(4)- AS Obligation quantities posted by 06:00 in Day-Ahead become advisory-only number based on the AS Plan (Round 3 No issues to date)

(5)- Minimum AS Obligation quantity will be 0.1 MW (Round 3 No issues to date)

(6)- After DAM is published, updated AS Obligation quantities will be calculated and published based on the actual DAM AS requirement (Round 3 No issues to date)

(7)- Virtual AS Offers- proposed by Morgan Stanley at 9/19 meeting (Round 2 Be prepared to discuss benefits of additional functionality, Shell comments)

 

************************************

New Items/Presentations:

KP1.1 and KP3 - RUC Items and the Reliability Deployment Pricing Run

KP1.2 - Separate SWOC in DAM

KP1.5 - Emergency Operation Settlement

KP1.5 - Removal of separate Regulation and FRRS signals

 

Thanks and have a great weekend!

Matt

 

Matt Mereness

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O: 512.248.3089

M: 512.565.8939

 

 

 

 

 

 


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