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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 |
Key Documents
Dec 7, 2023 - docx - 131.5 KB
Jan 16, 2024 - xls - 140.5 KB
Jan 16, 2024 - docx - 138.1 KB
Feb 8, 2024 - xls - 141.5 KB
Feb 8, 2024 - doc - 41 KB
Aug 9, 2024 - docx - 27.2 KB
Nov 4, 2024 - docx - 136.8 KB