Recallable Tag Discussion Bud Freeman When are they used? What are the implications?

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Recallable Tag Discussion Bud Freeman When are they used? What are the implications?

Transcript of Recallable Tag Discussion Bud Freeman When are they used? What are the implications?

Page 1: Recallable Tag Discussion Bud Freeman When are they used? What are the implications?

Recallable Tag DiscussionBud Freeman

When are they used?

What are the implications?

Page 2: Recallable Tag Discussion Bud Freeman When are they used? What are the implications?

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Transaction type option set to “recallable”

Energy Product type option set to “C-RE”

Operating Reserve Supplemental-Yes

Operating Reserve-Spinning ???

INT-011 Ten Minute RecallableE-Tag Functionality for Reserves

Page 3: Recallable Tag Discussion Bud Freeman When are they used? What are the implications?

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Operating Reserves Spinning

• Bal-002-R2

• “Reserve that is immediately and automatically responsive to frequency deviations though the action of a governor or other control system”

• “Reserve that is capable of fully responding within ten minutes

Page 4: Recallable Tag Discussion Bud Freeman When are they used? What are the implications?

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Capacity is Synchronized

• If a BA agrees to synchronize capacity can it be sold as spin?

• How is spin vs non spin differentiated on a tag?

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E-Tag Product CodesINT-018

• G-NF Non-firm energy

• G-FC Firm Contingent

• G-FP Firm Provisional Energy

• Do these product codes require a recallable Tag?

Page 6: Recallable Tag Discussion Bud Freeman When are they used? What are the implications?

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Reserve Obligations

• 100% of the reserve obligation is transferred with a G-NF, G-FC and a G-FP

• 100 MW transaction transfers 100 mw reserve obligation.

Page 7: Recallable Tag Discussion Bud Freeman When are they used? What are the implications?

Questions?