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This presentation provides a recap of the NAESB OS Resales, Aggregations, and Redirects, including motion 113, control of the recall process, and mechanics of different transactions.
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Resales, Aggregations & Redirects of Resales NAESB OS Presentation August 20, 2014 BPA Presenting
Recap • Motion 113 was passed by a balanced vote. A redirect on a firm basis will not be permitted if the redirect's parent (a) is an aggregated reservation with a conditional parent or (b) is a descendent of an aggregated reservation with a conditional parent. • Customer’s will control the recall process. • TP may annul (Recall) or issue overuse charges if the customer doesn’t follow through within a designated time.
Motion 113 Illustration Unconditional Monthly TSR01 Original 100 MW Start 8/1 Safe 7/1 Conditional Monthly TSR03 Original 100 MW Start 10/1, Safe 9/1 Conditional Monthly TSR02 Original 100 MW Start 9/1 Safe 8/1 Which Conditional Parent is Reduced? Resale Resale Resale TSR13 25 MW Safe 8/1 TSR12 25 MW Safe 7/1 TSR14 25 MW Safe 9/1 Redirect of a Resale with an Aggregation with a Conditional Parent upstream. TSR20 75 MW Aggregated Resale Safe 9/1 Resale Redirect of an Aggregation with a Conditional Parent TSR31 25 MW TSR32 25 MW Safe 9/1 TSR32 25 MW YES NO NO On 9/1 the final Parent becomes safe, so this restriction will no longer apply.
The Secondary Market under Option 1 • What transactions are ‘do-able’ under Option 1? • Conditional and Unconditional Original • Full or Partial Resale of a Conditional or Unconditional Original • Full or Partial Redirect of a Conditional or Unconditional Original • Full or Partial Resale of a Resale of a Conditional or Unconditional parent. • Full or Partial Redirect of Resale of a Conditional or Unconditional parent. • Full or Partial Resale of a Conditional or Unconditional Redirect • Full or Partial Redirect of a Conditional or Unconditional Redirect • Full or Partial Resale of an aggregated resale of Conditional or Unconditional parents • Full or Partial Redirect of an aggregated resale of all Unconditional parents • Etc. • What transaction(s) is not viable under Option 1? • Redirect of an aggregated resale where somewhere upstream there remains a conditional parent. (Motion 113)
New Definition of Terms • "Preemptable Capacity" bucket is a new concept and is used solely to provide the capacity available for P&C on that reservation. • On an Original Reservation (includes Redirects and Transfers), this bucket is reduced via a new Reduction Template when there is a Redirect or Transfer against it or one of its downstream Resales. A Recall or Preemption will also reduce this field on the Parent Reservation. • It is not reduced on the parent for a Resale. • It is zero on a Resale or when a reservation is unconditional. • Should it be visible on OASIS? • The "Scheduling Capacity" bucket is what is currently known as "capacity" and is used for supporting scheduling rights and for calculating ATC. • On an Original Reservation (includes Redirects and Transfers), it is reduced via the Reduction Template when there is a Resale, Transfer, Redirect, Recall or Preemption. • The "Safe" Date/Time is when a firm or non firm reservation will become safe from losing capacity to a preemption. • On an Original, Redirect, or Transfer it is set based upon its Service Increment (M,W,D) and its Start Date. • On a Resale it is based upon the “Safe” Date/Time of its parent. • For an aggregated Resale, this will be the “Safe” Date/Time of the latest reservation being aggregated. • The “Safe” Date/Time must be visible on OASIS.
