Proposed Revision Request Detail Help
PRR Life Cycle*********Closed
PRR Details
PRR #
1435
Title Update configuration guide to match settlements BPM formula on virtual bid adjustment for western energy imbalance market balancing authority areas as configured
Date Submitted 4/14/2022 1:53 PM
PRR Category A
Priority Normal
Owner Ahmadi, Massih (CAISO)
Status Closed
Status End Date 7/19/2022 11:59 PM
Related BPM Settlements and Billing
BPM Section The following BPM and its versions are subject to the current PRR:

CG PC Real Time Congestion v5.2.0b
CG PC Real Time Congestion v5.3.0b
CG PC Real Time Congestion v5.3.5a
CG PC Real Time Congestion v5.4.1a
CG PC Real Time Congestion v5.5.1a
CG PC Real Time Congestion v5.6.0a
CG PC Real Time Congestion v5.7.0a
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Existing Language
 

​See BPMs attached to this PRR

Proposed Language
 

​See BPMs attached to this PRR

Reason For Revision
Research into CIDI ticket #249262 uncovered a single formula discrepancy between the BPM and as-is configuration. The allocation of congestion revenue from Virtual Bid adjustment to EIM BAAs via BAASettlementIntervalTotalRTEnergyCongestionAmount where RTCongRevenueVirtualBidAdjAmount is subtracted is incorrect. The system as configured is adding RTCongRevenueVirtualBidAdjAmount and this is the correct treatment since the adjustment is intended to be a credit to EIM BAA.

 

The calculation is done in Real Time Congestion Precalc feeds CC 6774 (RT Congestion Offset, only passthrough, and no error exists for CAISO BAA) and then ultimately settled into CC 67740 (RT Cong Offset EIM) for EIM BAAs. For reference, the associated impacted variables and bill determinant names are as follows:

 

BAASettlementIntervalTotalRTEnergyCongestionAmount (BAA_5M_RT_ENGY_CONG@AMOUNT)

RTCongRevenueVirtualBidAdjAmount (VIRTUAL_BID_5M_RTD_ADJ_CONG_REV@AMOUNT).

 

Documentation edits only have been made to versions of RT Congestion Precalc Configuration guide as listed above in order match the system configured calculations starting Trade Date 11/1/2021 and beyond.

​

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

Ahmadi, Massih (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 10/1/2014 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

11/1/2021
Action

Adopt the recommendation as originally issued

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Impact Analysis
Initial Comments
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Recommendation Comments
No Recommendation Comments available for this PRR.
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