Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface...

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stern Electricity Coordinating Council stern Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008

Transcript of Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface...

Page 1: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating CouncilWestern Electricity Coordinating Council

Market Issues Subcommittee

Report to the

Market Interface Committee

Philip Tice

October 30-31, 2008

Page 2: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Issues MIS is Addressing

• Day-Ahead Trading Timelines Guideline.

• Policy on Market Energy Terms/Transactions in Reliability.

• Prescheduling Evaluation Task Force.

• Merchant Communications Business Practice.

Page 3: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Trading Timelines

Page 4: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Trading Timelines Background

The MIC approved the Trading Timeline Guideline at its March 2008 meeting.

April 1, 2008 implementation date. WECC membership and electricity trading

community informed of guideline. Guideline has been ignored. Recommendation to withdraw the

Guideline at June 2008 MIC meeting.

Page 5: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Trading Timelines Guideline

• Guideline: The trading of day-ahead energy transactions in the Western Interconnection should begin no earlier than 6:00 a.m. Pacific Prevailing Time.

Page 6: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Trading Timelines Guideline

Motion:

• The MIC approves the withdrawal of the Trading Timeline Guideline Effective December 1, 2008. The MIC chair is instructed to notify the WECC membership and other appropriate parties in the electricity trading community of the withdrawal of the guideline.

Page 7: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Policy on Energy Market Terms/Transactions in

Regional Reliability Standards

Page 8: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Market T/T in Reliability Standards - Background

• MIS presented a policy for approval at March 2008 MIC meeting.

• MIC tabled the Policy.• MIC agreed WECC should have a

guideline document for developing standards, regional criteria, etc.

• JGC supports this effort.• MIC to work with WECC staff and

develop a draft policy.

Page 9: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Status - Market T/T in Reliability Standards

• Standards Request Routing Committee process enhancements.

• Regional Criteria and Guidelines process issues.

• Develop WECC drafting team instruction manual.

• Housekeeping item.

Page 10: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Status - Market T/T in Reliability Standards

Questions?

Page 11: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating CouncilWestern Electricity Coordinating Council

Prescheduling Evaluation Task Force

PETF

Page 12: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

PETF Background

• PETF report completed.

• Posted for Comment.

• WECC membership comments.

Page 13: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

PETF Status• MIS actions on key issues in conclusions:

– Definition of preschedule - in PPDT scope. – Reliability incidents - no further action.– Obstacles to 3 days on Friday - investigate.– Minimize “exception” days - in PPDT scope.– Uniform timeline – a goal.– Day ahead transactions outside of preschedule -

ponder.

Page 14: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

PETF Status

• Next Steps– Wrap up loose ends.– Dismiss the drafting team at November 2008

MIS meeting.

• Questions

Page 15: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Merchant Communications Drafting Team

Page 16: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Merchant Communication Drafting Team

• Background– Communications to preempt or aid in mitigating

Capacity and Energy Emergencies– Demonstration of local market being exhausted – Drafting team has completed a Merchant

Communication Protocol. – Posted for comment under

WECC-0040/Merchant Communications.– Member comments .

Page 17: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Status - Merchant Communication Drafting Team

• Drafting team has posted answers to comments.

• Communication Protocol to be a Guideline.

• Structured communication.

• Uses wesTrans OASIS and WECCnet.

Page 18: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Status - Merchant Communication Drafting Team

• Next Steps– Drafting team posts revised protocol for

comment.– Responds to comments and further refines

protocol, if required.– Guideline to MIC for approval at next meeting.

• Questions.

• Contact – Steve Kerns - BPA

Page 19: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

MIS Meetings

• November 20-21st Salt Lake City.

Page 20: Western Electricity Coordinating Council Market Issues Subcommittee Report to the Market Interface Committee Philip Tice October 30-31, 2008.

Western Electricity Coordinating Council

Market Issues Subcommittee

QUESTIONS?