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Proposed Revision Request Detail
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Closed
PRR Details
PRR #
1357
Title
Market instrument changes related to FERC Order 831 Phase 2
Date Submitted
5/18/2021 9:55 AM
PRR Category
C
Priority
Emergency
Owner
Batakji, Jamal (CAISO)
Status
Closed
Status End Date
8/17/2021 11:59 PM
Related BPM
Market Instruments
BPM Section
3.1, 4.1, 5.1.1.1.6, 5.1.1.1.7, 5.1.2, 5.1.4.1.6, 5.2.1.1, 5.2.1.2, 5.2.2, 8.1, 8.2.1.3, 12.1, 12.8, G.1, G.2, O, P
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Existing Language
See attached
Proposed Language
See attached
Reason For Revision
Changes related to FERC Order 831 Phase 2, adding Appendix P that details the Max Import Bid Price calculation, and other miscellaneous edits.
Effective Date:6/15/2021
Click here to view the Recommendation Details for this PRR
BPM PRR Submitter
Batakji, Jamal (CAISO)
Modified BPM language proposed by the PBM Chnage Management Coordinator
No modifications to the original PRR are proposed.
Identification of the authorship of comments
No comments were received.
Action
Approve the BPM PRR as submitted
N/A
Statement of apparent requirements of the BPM PRR
Market instrument changes related to FERC Order 831 Phase 2
Priority and rank for any BPM PRR requiring a CAISO system change
N/A
Proposed effective date(s) of the BPM PRR
6/15/21
Other recommended actions
No other recommended actions on this PRR.
Click here to view the Final Decision for this PRR
Final Decision
Approve as submitted
Stakeholder Comment
No recommendation comments
Effective Date
Action
Adopt the recommendation as originally issued
Announcements
No Announcements has been posted for this PRR.
Impact Analysis
Impact Analysis not available.
Initial Comments
SRP requests more details regarding the timeline for submitting manual reference level requests. In section O.1.3, the BPM states that the “Requests must be submitted via CIDI by 8:00 AM Pacific Time on the business day the applicable CAISO market is executed.” It does not specify if the requests may be submitted and processed early in order to capture trade hours that may fall within a gas day in the early morning. For example, the gas day for SRP may begin at 7:00 AM Mountain Time, and if the request is not processed until late morning, there are several hours where SRP cannot ensure cost recovery. SRP suggests allowing requests to be submitted the day before the trade date for the Real Time Market (RTM) so they can be processed in time to capture all applicable hours.
SRP also requests a timeline to describe the processing of Automated Reference Level Change Requests, including the timeline of when RTM Reasonability Thresholds are calculated and when Automated Reference Level Changes can be submitted to SIBR prior to HE1 of the RTM.
A graphic may be helpful to describe these processes.
6/15/2021 4:06 PM
Logged By - Marcie Martin (SRP)
Recommendation Comments
No Recommendation Comments available for this PRR.
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# of Appeals In Progress - 0
# of Appeals Closed - 0
# of Appeals Abandoned - 0
There are no Appeals on this PRR.
Attachments