Proposed Revision Request Detail Help
PRR Life Cycle*********Closed
PRR Details
PRR #
1323
Title To eliminate double penalty settlement for intertie resources that switch between 15 minute economic bid and hourly bid option within a given trade date
Date Submitted 2/8/2021 3:05 PM
PRR Category C
Priority Emergency
Owner Corona, Brenda (CAISO)
Status Closed
Status End Date 5/18/2021 11:59 PM
Related BPM Settlements and Billing
BPM Section CG CC 6456 Intertie Deviation Settlement 5.1
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Existing Language
 
See BPM attached to this PRR
Proposed Language
 
See BPM attached to this PRR
Reason For Revision
 

An issue was identified through CIDI by a market participant wherein a resource was getting penalized in both the hourly and 15m category of IDS penalty settlement. After further research, it was determined that the resource switched between 15 minute economic bid and hourly bid option within the same trading day.

 

The solution is to update the settlements configuration to account for such behavior. The ISO anticipates implementation of the BPM changes on or about 2/17/2021, with a retroactive effective Trade Date of 2/1/2021.

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 no system changes associated with this PRR.
Proposed effective date(s) of the BPM PRR

The ISO proposes an effective date of 2/1/2021 for the BPM revisions.
Other recommended actions

The ISO does not recommend any other actions on this BPM PRR.
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Final Decision

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

 No comments submitted.

Effective Date

2/1/2021
Action

Adopt the recommendation as originally issued

None
Announcements
PRR 1323 has been made available at this time to allow additional time to review and submit comments. 
Comment period will close 03/16/2021.  PRR will be discussed during the February through April BPM meetings
Posted On - 2/9/2021 9:35 AM
Impact Analysis
IA - IDS.doc    
Notes:
Initial Comments
No Initial Comments available for this PRR.
Recommendation Comments
No Recommendation Comments available for this PRR.
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# of Appeals Closed - 0
# of Appeals Abandoned - 0
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