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Impact Study of MCSM and PRR 650

This study analyzes the impact of MCSM and PRR 650 on Market Operations Support in the period of Sept-Oct 2006 compared to Sept-Oct 2007. It examines the adjustment of MCPE, the termination of MCSM by PRR 690, and the Balancing Energy Price Adjustment due to Non-Spinning Reserve Service Energy Deployment.

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Impact Study of MCSM and PRR 650

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  1. Impact Study of MCSM and PRR 650 Sept-Oct 2006 vs Sept-Oct 2007 Market Operations Support

  2. Modified Competitive Solution Method (MCSM) • MCSM adjusts the MCPE in the event that there is no Zonal Congestion and all available Balancing Energy Service Up bids are deployed for an interval. • MCSM is prone to depress MCPE. • MCSM had been terminated by PRR690 effective October 1, 2006. Market Operations Support

  3. MCPE for Intervals with Price Adjustment by MCSM Market Operations Support

  4. Cost for Intervals with Price Adjustment by MCSM Market Operations Support

  5. What is PRR 650 • Balancing Energy Price Adjustment Due to Non-Spinning Reserve Service Energy Deployment • The adjusted MCPE price signal would remove NSRS deployments and manually re-run Scheduling, Pricing and Dispatching (SPD) • Approved on August 15, 2006 • Effective Date: September 1, 2006 Market Operations Support

  6. MCPE for Intervals with Price Adjustment by PRR 650 Market Operations Support

  7. Cost for Intervals with Price Adjustment by PRR 650 Market Operations Support

  8. Questions? Market Operations Support

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