To table PRR791 until the March 5th TAC meeting and directed the PRR776 Discussion Group to evaluate the impacts of PRR791 language and to provide clarification on the On-line Non-Spinning Reserve issue
This PRR creates "Virtual QSEs" that can establish pricing during periods of energy shortage.
Reason:
Currently prices are fixed at the last price cleared in the BES stack so prices may not reflect shortages that exists in the market. This PRR establishes a representative curve that ensures prices will appropriately reflect shortage conditions when the bid stack is depleted.