1 / 33

Structured / Unstructured Market Trials

Structured / Unstructured Market Trials. Weekly Update – Friday Meeting September 20, 2013. Call Reminders. Please help to minimize disruptions: Mute your phones Do not dial-in from a recorded line Do not put the call on hold, even if you are on mute

dreama
Download Presentation

Structured / Unstructured Market Trials

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Structured / Unstructured Market Trials Weekly Update – Friday Meeting September 20, 2013

  2. Call Reminders • Please help to minimize disruptions: • Mute your phones • Do not dial-in from a recorded line • Do not put the call on hold, even if you are on mute • When asking a question on the phone, please state your name and the entity you represent

  3. Agenda • TCR Update (5 min) 9:00-9:05A • Preliminary Results Sept 16 – 20 (5 min) 9:05-9:10A • Analysis Sept 9 – 15 (35 min) 9:10-9:45A • Settlements(15 min) 9:45-10:00A • Announcements & Outstanding Questions (10 min) 10:00-10:10A • Look-Ahead Sept 23 – 29 (15 min) 10:10-10:25A • Updates (10 min) 10:25-10:35A • Release Scorecard • Migration Report • Known Issues Log • Questions (5 min) 10:35-10:40A

  4. TCR Market Trials • Go Live Planning • TCR Go Live Discussion held on 9/11 & 9/18 (CWG Meeting Materials) • Publish Go/No-Go Data for CWG Review on October 3rd • CWG Go/No-Go Recommendation Due on October 7th • Go-Live team Decision on October 11th Jamel Thomas

  5. TCR Market Trials • Final Monthly Process • Good Participation is Requested/Expected • Allocation Nominations: • Auction Bids/Offers: September 9 September 16-17, 23-24 Jamel Thomas

  6. Preliminary Results from Sept 16 - 20 • Scheduled Scenarios • 16.1 DA Offer Curve Mitigation – details page 7 • 16.2 RUC Offer Curve Mitigation • 16.3 RTBM Mitigation – details page 8 • 31.0 Block Demand Response • Questions? Alan Adams

  7. Scenario 16.1 – DA Offer Mitigation (Initial Analysis) General Results: • Executed on 9/17 for 9/18 Operating Date. • SPP found it much more difficult to force mitigation on resources than we did during our testing in lower environments. • Scenario was successful from a software perspective and SPP’s Market-wide visibility perspective. • Many Participants would not be able to verify the results because their resource did not get mitigated. • Should this scenario be re-executed – understanding that broad individual Participant results may not improve dramatically? Initial Analysis Data Points from the Scenario: • Lots of Behavior Test Failures (Not visible to MPs) • Failures for Energy Offer Curve – Maximum 83 (HE04), Minimum 74 (HE12). 25 MPs with at least one offer curve submitted that failed the behavior test. • Failures for No Load = 94, Failures for Cold Startup Cost = 102, Failures for Intermediate Startup Cost = 102, Failures for Hot Start Up cost = 109 • 48 of the Resources that failed the Energy Offer Curve behavior test were not committed at all.   • 24 distinct resources mitigated for SCUC, SCED or both for some hours of the day based on mitigation of commitment and/or energy curve parameters. • 9 distinct Resources from 7 Market Participants were mitigated for SCED Energy Offer Curve. Jeff Fruit

  8. Scenario 16.3 – RTBM Offer Mitigation (Initial Analysis) General Results: • Executed on 9/18 for 9/18 Operating Date. Ran from 08:00 to 16:00. • Mitigation parameters were set at protocol levels from 08:00 to 12:00 with no mitigation. • Mitigation parameters were lowered from 12:00 to 16:00 triggering mitigation. • Scenario was successful from a software perspective and SPP’s Market-wide visibility perspective. • Some Participants would not be able to verify the results because their resource did not get mitigated. • Not all resources had substantial impacts on the active constraints. Initial Analysis Data Points from the Scenario: • Behavior Test Failures (Not visible to MPs) • 79 Resources • 25 Market Participants • Final Solution Mitigation • 36 distinct resources mitigated at least one interval. • 17 Market Participants had resources mitigated. • SPP observed mitigation flags via Markets UI and XML Notifications. Alan Adams

  9. Analysis: Sept 9 – Sept 15 • Structured Market Trials Statistics posted the day after each OD spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder > Structured Market Trials Presentations, Statistics, MP Meetings • Analysisof Sept 9 – 13 Operating Days posted Tues to spp.org spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder > Structured Market Trials Presentations, Statistics, MP Meetings Alan Adams

  10. Market Settlement System (MSS) Known Issues • KIL# 558 Bilateral Notification Types need to be added to the Notification Service. • This is being installed on September 20. • KIL# 647 Determinant Report issue with DaMccHrlyPrc not producing for Sink Locations. • Fix was installed in Production on September 16. • Initial Settlements for ODs Sep 11 forward includes the missing bill determinants. • Final Settlements for ODs Sep 1 forward includes the missing bill determinants. Tony Alexander

  11. Market Settlement System (MSS) Known Issues • KIL# 659 Prevents RtSE5minQty/RtSELoss5minQty/RtResMtrHrlyQty from being mapped to the determinant reports for MP shadowing. • Fix was installed in Production on September 16. • Initial Settlements for ODs Sep 11 forward includes the missing bill determinants. • Final Settlements for ODs Sep 1 forward includes the missing bill determinants. Tony Alexander

  12. Market Settlement System (MSS) Known Issues • These 3 fixes will get Settlements close to 100% upstream data. • Goal to be at 100% upstream data by October 1. • KIL# 691 Settlements is unable to receive Day Ahead Commitment Data from upstream systems. • Fix is expected by September 20. • KIL# 692 Settlements is unable to receive RUC Commitment Data from upstream systems. • Fix is expected by September 20. • KIL# 693 Real Time As Dispatched Offer Commitment Data is overlapping between runs. This is failing Settlements Validations and causing settlements to fill the data with test data. • Fix is expected by September 20. Tony Alexander

  13. Who can submit a Dispute? Only individuals authorized by their LSA have the ability to submit Disputes on behalf of their company. Please have your LSA submit an RMS ticket to include the names of individuals allowed to submit Disputes for your company. Tony Alexander

  14. How will Disputes be handled?Market Trials • Using the production RMS, customers will select “Submit Request”. • Select the “Settlement Dispute” Quick Pick. • The Request Type “MT Settlement Dispute” indicates that the Dispute is associated with Market Trials settlement results. Tony Alexander

  15. How will Disputes be handled?Go-Live • Using the production RMS, customers will select “Submit Request”. • Select the “Settlement Dispute” Quick Pick. • The Request Type “Settlement Dispute” indicates that the Dispute is associated with post go-live settlement results. • All Disputes submitted post go-live will be financially binding. Tony Alexander

  16. Market Settlements Dispute Submission • All MPs need to submit a dispute. • Readiness Metric - STL-05: Submit Dispute • Market Participants have the ability to submit disputes. • RMS Link https://spprms.issuetrak.com/login.asp • Actual disputes will be counted as passed. • You can submit a test dispute by typing “Test Dispute” in the subject line and filling in all required information. • Submitting one dispute is all it takes to pass (Actual or Test). Tony Alexander

  17. Announcements & Outstanding Questions • Credit Scenarios rescheduled for October • 3.0a Successful Credit - Oct 21 for OD Oct 22 • 3.0 Violate Credit - Oct 22 for OD Oct 23 Ginny Watson

  18. Look-Ahead: Sept 23 – Sept 29 • Sept 23 – Sept 29 Daily Calendar • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder • Includes some Settlements Dates. All details on Settlements Calendarmarketplace.spp.org > Public > Settlements > Calendars • Scheduled Scenarios • 21.0 RTBM Scarcity Shortages • 15.0 Commitment Mismatch • Official Operating Days Monday - Friday • Friday Maintenance • Saturday reserved for MP Testing Ginny Watson

  19. 21.0 RTBM Scarcity Shortages Scenario Description • RTBM Operating Reserve scarcity pricing will be invoked by the following sub-scenarios: • System-wide OR shortage only • System-wide OR shortage, Zonal OR shortage • System-wide OR shortage, System-wide REGUP shortage • System-wide REGUP shortage, Zonal OR shortage • System-wide OR shortage, System-wide REGUP shortage, Zonal OR shortage • Zonal OR shortage only • System-wide REGUP shortage only • System-wide REGDN shortage only • Scarcity pricing results from a capacity shortage on either a Reserve Zone basis or a system-wide basis. Capacity shortages do not include shortages of Operating Reserves relating to insufficient ramping capability. • For details on the Sub-Scenario schedule, see the Scenario Document here Alan Adams

  20. 21.0 RTBM Scarcity Shortages Expected Result • Following execution of the RTBM SCED, LMPs and MCPs will be communicated to the Market Participants. • To ensure rational pricing of cleared Operating Reserve products, the SCED algorithm will include product institution logic as follows: • Any Regulation-Up Offers remaining once the Regulation-Up Requirement is satisfied may be used to meet Contingency Reserve requirements if Regulation-Up Offer is more economic or is required to meet overall Operating Reserve requirement; • Any Spinning Reserve Offers remaining once the Spinning Reserve Requirement is satisfied may be used to meet Supplemental Reserve requirements if Spinning Reserve Offer is more economic or is required to meet the overall Operating Reserve requirement; • The product substitution logic ensures that within each reserve zone the MCP for Regulation-Up is always greater than or equal to the Spinning Reserve MCP and that the Spinning Reserve MCP is always greater than or equal to the Supplemental Reserve MCP Alan Adams

  21. 21.0 RTBM Scarcity Shortages Expected Result • Even with product substitution, there will be a shortage of the OR cleared • Scarcity Pricing will be invoked as described under Section 4.1.5 of the Protocols • All applicable demand curves will be applied to the LMP when the next additional MW of energy causes an increase in the corresponding shortage conditions Alan Adams

  22. 21.0 RTBM Scarcity Shortages MP Activities *Applicable to MPs with Resources • Activities will be the same as the Base Scenario • Observe LMPs and MCPs via user interfaces Alan Adams

  23. 15.0 Commitment Mismatch Scenario Description • A commitment mismatch occurs when a resource outaged in the external outage scheduler (CROW) conflicts with the COP status for the resource as committed by the Day Ahead market. • The CROW outage will prevail in the RUC solution. • A commitment mismatch also occurs when a resource outaged in the RTBM commit status conflicts with the COP status for the resource as committed by the DA market. • The RTBM commit status outage will prevail in the RUC solution • Scenarios: • Outage in CROW for previous commitment period • Outage in Commit Status for previous commitment period Alan Adams

  24. 15.0 Commitment Mismatch Expected Result • Outaged resources will not be committed in the RUC process for the outaged intervals • SPP operators will update COP • MPs should receive a STOP notification based on when the resource is to be outaged Alan Adams

  25. 15.0 Commitment Mismatch MP Activities: Outage in CROW *Applicable to MPs with Resources • Submit an RMS Ticket labeled Scenario 15 indicating which resource will be used during the Outage in CROW portion of Scenario 15 by 12P Wed Sept 25 • Submit a commit status of “Self” in the DA Market offer to ensure a resource will be committed in the DA Market and therefore be committed in the COP during the DARUC process. • SPP will simulate the CROW outage on the MPs behalf by entering the outage directly into the market software for the selected resources that have been cleared in the DA Market. The outages will cause a commitment mismatch between the COP and CROW • Review the START/STOP notifications indicating when the unit will be committed and offline. • MPs can check that a STOP notification was received for the outage in the Market User Interface • START/STOP notifications are located on the Resource Offers tab > Date > Market Results > Commitments > View Alan Adams

  26. 15.0 Commitment Mismatch MP Activities: Outage Commit Status *Applicable to MPs with Resources • Submit a commit status of “Self” in the DA Market offer to ensure a resource will be committed in the DA Market and therefore be committed in the COP during the DARUC process. • Submit a Commit Status of “Outage” in the RTBM offer prior to the execution of DARUC (1700) on the resource that cleared in the DA Market • Review the START/STOP notifications to verify that the resource with a Commit Status of “Outage” received a STOP notification for the beginning hour of the Outage period. Alan Adams

  27. Release Scorecard Release Scorecardposted to spp.org: spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder Ginny Watson

  28. Migration and Maintenance Report Migration and Maintenance Report posted to spp.org spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder MT Tagged Transactions documentationposted to spp.org spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder > Structured Market Trials Reference Documents Wendy Reynolds

  29. Known Issues Log Market Trials Known Issues Log posted to spp.org spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder Carrie Simpson

  30. Known Issues Log Market Trials Known Issues Log posted to spp.org spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder Carrie Simpson

  31. Scheduled Scenarios • Sept 23 – Sept 27 • 21.0 – RTBM Scarcity Shortages • 15.0 – Commitment Mismatch • Sept 30 – Oct 4 • 6.1 - DA Capacity Excess • 6.2 – RUC Capacity Excess Ginny Watson

  32. Market Trials Useful Resources SMT Hotline: 501-482-2222 for critical & high issues Mon-Fri 8A – 5P Please submit all other inquiries via the Request Management System (RMS) Settlements Calendar marketplace.spp.org > Public > Settlements > Calendars Integrated Marketplace Market Trials Project Documentation Folder spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder • Documents found here include: Daily Calendar, Release Scorecard, Migration Report, Known Issues Log, Market Participant Guide • SMT Presentations, Statistics, MP Meetings Folder • SMT Reference Documents Folder • New! Tag Validation Criteria for MT Testing • SMT Scenarios Folder • New! SMT Scenarios Schedule Change Tracker spp.org > Integrated Marketplace > Marketplace Documents

More Related