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Proposed Revision Request Detail Help
PRR Life Cycle*********Closed
PRR Details
PRR #
1591
Title Updates to the hourly energy shaping factor from the price formation enhancements phase 2 initiative
Date Submitted 9/25/2024 1:20 PM
PRR Category B
Priority Emergency
Owner Martin, Michael (CAISO)
Status Closed
Status End Date 12/12/2024 11:59 PM
Related BPM Market Instruments
BPM Section Attachement P.2
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Existing Language

​See Attached

Proposed Language

See Attached​

Reason For Revision

Updates to Attachment P.2 Maximum Import Bid Price Calculation ​and specifically how the Hourly Energy Price Shaping Factor is calculated.   These changes are anticipated to be implemented 11/14/2024  

Click here to view the Recommendation Details for this PRR
BPM PRR Submitter

Martin, Michael (CAISO)
Modified BPM language proposed by the PBM Chnage Management Coordinator

​Approve as submitted

Identification of the authorship of comments

NA
Action

Approve the BPM PRR as submitted

NA
Statement of apparent requirements of the BPM PRR

NA
Priority and rank for any BPM PRR requiring a CAISO system change

NA
Proposed effective date(s) of the BPM PRR

NA
Other recommended actions

NA
Click here to view the Final Decision for this PRR
Final Decision

Made minor clarification, approve as modified
Stakeholder Comment

NA

Effective Date

Action

Adopt the recommendation as modified

NA
Announcements
Recommended Clarification:

If no such day exists within the three previous years, the CAISO uses the next highest-priced day within the ...

Replace existing: "current season"

With: "three-year lookback period.”
Posted On - 11/5/2024 1:22 PM
Impact Analysis
PRR 1591 Impact Analysis Form.doc    
Notes:
Initial Comments
No Initial Comments available for this PRR.
Recommendation Comments
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