Recallable Tag Discussion Bud Freeman When are they used? What are the implications?
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Transcript of 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?
2
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
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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
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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?
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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.
Questions?