Proposed Revision Request Detail Help
PRR Life Cycle*********Closed
PRR Details
PRR #
1184
Title Update settlement charge codes for reliability must run and capacity procurement mechanism enhancements initiative
Date Submitted 8/22/2019 2:06 PM
PRR Category B
Priority Normal
Owner Corona, Brenda (CAISO)
Status Closed
Status End Date 11/12/2019 11:59 PM
Related BPM Settlements and Billing
BPM Section New Configuration Guides:
CC 7020 Daily RMR Capacity Payment 5.0
CC 7026 Daily RMR Capacity Cost Allocation 5.0

Updated Configuration Guides:
CC 1001 Black Start Energy Payment 5.3
CC 3303 Supplemental Reactive Energy Settlement 5.5
CC 6460 FMM Instructed Imbalance Energy Settlement 5.8
CC 6470 Real Time Instructed Imbalance Energy Settlement 5.11
CC 6482 Real Time Excess Cost for Instructed Energy Settlement 5.8
CC 6488 Exceptional Dispatch Uplift Settlement 5.8
CC 7891 Monthly CPM Settlement 5.2
CC 7896 Monthly CPM Allocation 5.3
CC 8830 Monthly Resource Adequacy Availability Incentive Mechanism Settlement 5.4
PC IFM Net Amount 5.18
PC RA Availability Incentive Mechanism 5.9
PC Real Time Net Amount 5.34
PC Real Time Price 5.18
PC Start Up and Minimum Load Cost 5.17
RSS Subscribe
Existing Language
See BPMs attached to this PRR
Proposed Language
See BPMs attached to this PRR
Reason For Revision

These are the Settlement configuration changes needed to support the RMR and CPM Enhancements initiative. The objective of the RMR and CPM Enhancements initiative is to enhance existing ISO backstop procurement mechanisms, specifically the Capacity Procurement Mechanism (CPM) and Reliability Must-Run (RMR) agreement, as the use of backstop procurement by the ISO increases. RMR contracts shall only be used when a resource owner has notified the ISO of its intention to enter retirement (merging risk-of-retirement into this mechanism).  Short of retirement notice, CPM will serve as the procurement backstop for resource adequacy.

 

The ISO anticipates implementation of the BPM changes on or about October 30, 2019, with effective date 1/1/2020.
Click here to view the Recommendation Details for this PRR
BPM PRR Submitter

Corona, Brenda (CAISO)
Modified BPM language proposed by the PBM Chnage Management Coordinator

The ISO proposes no modified BPM language beyond that proposed in the BPM PRR.
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

This BPM PRR contains basic language changes.
Priority and rank for any BPM PRR requiring a CAISO system change

There are system changes associated with this PRR. The system changes are planned for implementation on 10/30/2019 on a normal basis.
Proposed effective date(s) of the BPM PRR

The ISO proposes an effective date of 1/1/2020 for the BPM revisions.
Other recommended actions

The ISO does not recommend any other actions on this BPM PRR.
Click here to view the Final Decision for this PRR
Final Decision

The ISO will adopt the BPM change as proposed in the recommendation.
Stakeholder Comment

No comments submitted.

Effective Date

1/1/2020
Action

Adopt the recommendation as originally issued

None
Announcements
Updated CG CC 7020 Daily RMR Capacity Payment v5.0 to resolve duplicate records creation by revising one equation and added one formula.
Posted On - 10/2/2019 2:04 PM
Impact Analysis
Initial Comments
No Initial Comments available for this PRR.
Recommendation Comments
No Recommendation Comments available for this PRR.
Click here to view the Appeals for this PRR
Click on the '+' icon to submit a New Appeal

# of Appeals In Progress - 0
# of Appeals Closed - 0
# of Appeals Abandoned - 0
There are no Appeals on this PRR.
Attachments