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NPRR1214

Summary

Title Reliability Deployment Price Adder Fix to Provide Locational Price Signals, Reduce Uplift and Risk
Next Group PRS
Next Step PRS for consideration
Status Pending

Action

Date Gov Body Action Taken Next Steps
01/11/2024 PRS Deferred/Tabled PRS for consideration

Voting Record

Date Gov Body Motion Result
01/11/2024 PRS To table NPRR1214 and refer the issue to WMS Passed

Background

Status: Pending
Date Posted: Dec 7, 2023
Sponsor: Joint Sponsors
Urgent: No
Sections: 6.5.7.3.1, 6.7.5, 6.7.6, 6.9 (new), 6.9.1 (new), and 6.9.2 (new)
Description: This Nodal Protocol Revision Request (NPRR) revises the Real-Time On-Line Reliability Deployment Price Adder (RTRDPA) to: send appropriate locational price signals to avoid counterproductive Load and Resource responses to current RTRDPA price signals; limit Resource payment to the actual “indifference payment” (consistent with its definition), thereby reducing associated uplift by eliminating current RTRDPA payments to Resources that exacerbate constraints and eliminating payments to available capacity not requiring an indifference payment; eliminate Ancillary Service Imbalance Payments or Charges (ASIP/C) associated with RTRDPA, thereby reducing the risk associated with providing Ancillary Services; provide Resources an indifference payment under Real-Time Co-optimization (RTC) to eliminate the potentially large incentive to ignore Base Point instructions; and provide a stronger locational price signal around Resources committed by the Reliability Unit Commitment (RUC) process or other reliability actions for congestion, thereby reducing RUC Make-Whole Payment-related charges and uplifts and appropriately compensating impacted Qualified Scheduling Entities (QSEs).
Reason: Strategic Plan Objective 2

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