Proposed Revision Request Detail Help
PRR Life Cycle*********Closed
PRR Details
PRR #
1337
Title FERC order 831 compliance for energy cost recovery penalty prices
Date Submitted 3/17/2021 1:56 PM
PRR Category B
Priority Emergency
Owner Batakji, Jamal (CAISO)
Status Closed
Status End Date 6/15/2021 11:59 PM
Related BPM Market Operations
BPM Section 6.6.5
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Existing Language
 
See attached
Proposed Language
 
See attached
Reason For Revision
 
This is related to FEREC Order 831 compliance filing. This phase is related to the penalty prices at which the CAISO market will relax market constraints under the increased energy bid cap. Effective Date: 3/20/2021
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

FERC order 831 compliance for energy cost recovery penalty prices
Priority and rank for any BPM PRR requiring a CAISO system change

N/A
Proposed effective date(s) of the BPM PRR

3/20/21
Other recommended actions

No other recommended actions on this PRR.
Click here to view the Final Decision for this PRR
Final Decision

Adopt the recommendation
Stakeholder Comment

No comments submitted

Effective Date

3/19/2021
Action

Adopt the recommendation as originally issued

N/A
Announcements
PRR 1337 has been made available at this time to allow additional time to review and submit comments. 
Comment period will close 04/13/2021.  PRR will be discussed during the April and May BPM meetings.
Posted On - 3/18/2021 10:12 AM
Impact Analysis
Impact Analysis not available.
Initial Comments
Under the IFM Parameter Values table, the "Conditionally qualified Regulation Up or Down self-provision" category has its Scheduling Rn penalty price going from -$405 to -$180 as the price cap changes from $1000 to $2000.  This is a deviation from the other descriptions in the table, whose Scheduling Parameters double instead, and seems to then put qualified self-provided Reg at a disadvantage to the other self-provided AS Capacity categories..  Should his Parameter be listed at -$810 when the price cap goes to $2000?
3/23/2021 1:53 PM
Logged By - Josh Arnold (ISO Settlements)
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This typo was fixed. Replaced the -180 by -810.
3/29/2021 8:26 AM
Responded By - Batakji, Jamal (CAISO)
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