June 10-11,2014 | nepool markets committee . Chris Parent. firstname.lastname@example.org | 413.540.4599. Conforming compensation rules to support extending IS0-initiated audit rules to apply to dual-fuel resources. Dual-Fuel Resource Auditing.
email@example.com | 413.540.4599
Conforming compensation rules to support extending IS0-initiated audit rules to apply to dual-fuel resources
Dual-Fuel Resource Auditing
Note: Audit rules are being discussed at the RC and compensation and cost allocation are being discussed at the MC
Market Participants will be compensated for audits of dual fuel capability conducted under this Section III.1.5.2 pursuant to Appendix F. If a Market Participant has a Generator Asset that cleared in the Day-Ahead Energy Market and the Market Participant is directed by the ISO to perform an audited for all or part of the Generator Asset’s Day-Ahead schedule on a fuel other than the fuel that formed the basis of the Generator Asset's Supply Offer in the Day-Ahead Energy Market, and Appendix F would otherwise not compensate the Generator Asset on the higher-priced fuel, then the Market Participant will receive additional compensation equal to the difference between 1) the audit costs based on the cost-based Reference Levels calculated using the fuel on which the audit was performed and 2) amounts calculated for that same operation as reflected in the greater of the Day-Ahead Supply Offer and the cost-based Reference Levels calculated using the fuel on which the Day-Ahead Supply Offer was based. Compensation pursuant to this Section III.1.5.2(e)(iii) shall be charged in accordance with Section III.F.3.2.19 of Appendix F.