Mexican Electricity Reform
|
|
- Noah Moody
- 6 years ago
- Views:
Transcription
1 Mexican Electricity Reform Emilio Sáenz November 2015
2 Background on the reform Prompted by expensive and subsidized electricity rates generation higly based on fossil fuels Congested transmission and distribution Seeking transition towards: Reduced electricity rates Reduced environmental impact Increased capacity for expected demand growth
3 A new normal Electric Market Transactions SELLERS PRODUCTS BUYERS Generators Suppliers Qualified Consumer with Market Participant Status Electricity Ancillary Services Financial Transmission Rights Clean Energy Certificates Suppliers Qualified Consumer with Market Participant Status Electric Market Regulators SENER CRE CENACE Policy New role for CFE Regulation Productive state enterprise operating through affiliates No regulatory function No management of power grid Generator and Supllier that will compete in the market Provides transmission and distribution under regulated tariffs Management of power grid and electric market
4 Snapshot of the Mexican Electricity Market
5 Areas for Company Participation Power GENERATION Former scheme Since power marketing was exclusive to CFE, companies participation in power generation was limited to: Development of Self Supply projects + long term PPAs to consumer shareholders in order to secure financing Development of IPPs + long term PPAs with CFE New Law Power marketing is no longer restricted to CFE (other than basic service users), so companies can now develop power projects and sell the electricity: Long term PPAs with sophisticated qualified consumers Directly to the market Medium/Long term Power Hedging Agreements with CFE through CENACE organized bids New issues: How to finance merchant projects?/how to induce qualified consumers to sign long term PPAs?/ How to manage dispatch risk?
6 Areas for Company Participation Power GENERATION Who are the new generators? Private Utilities CFE Sophisticated developers who have implemented projects under the former law Advantages of one over the other? Cost of capital Mexico s particular development landscape and the relevance of development expertise in land/social negotiations
7 Areas for Company Participation Power CONSUMPTION Prior to the reform, consumers could only hedge their electricity cost (i) against the CFE tariff and (ii) through self supply projects. In 2016, the launch of the wholesale electricity market provides qualified consumers with optionality Long/medium term PPA vs buying spot on the wholesale market All 1 MW loading points created after the new law was enacted must register and can participate in the market Individually Register as a Qualified User and Market Participant» Costly Through Retailers who represent loading points Clean energy requirement Qualified consumers and retailers must purchase CELs to offset their carbon footprint Amount set at 5% until and including 2018 Energy Transition Law is yet to be enacted
8 Upcoming CENACE bids To promote power project development and secure electric supply for basic service users, CENACE will launch long terms bids for power hedging agreements with CFE. CENACE announced November date for its first long term bids Manuals for long term rules are currently under public consultation
9 Wholesale market operation: 2 step approach to short term electricity market PHASE 1 DAY AHEAD MARKET REAL TIME MARKET No virtual or synthetic offers Simplified marginal price calculations, subject to a capped amount All charges for the real time market are based in hourly measurements Purchase offers are fixed (buyers are price takers) PHASE 2 DAY AHEAD MARKET REAL TIME MARKET HOUR AHEAD MARKET Virtual or synthetic offers allowed Marginal price calculations are more sophisticated (considering demand curves, restrictions and excluding capped price amount) All charges for the real time market are based on dispatch intervals Purchase offers can be price sensitive
MEXICAN ENERGY REFORM & CLEAN ENERGY CERTIFICATES 2016 UT: ENERGY WEEK
MEXICAN ENERGY REFORM & CLEAN ENERGY CERTIFICATES 2016 UT: ENERGY WEEK OUR CONTEXT: MEXICAN POWER SYSTEM Transmission Lines: 57,786.050 km Distribution Lines: 768, 216 km Installed Capacity: 68.418 GW
More informationPower Market and the role of the Clean Energy
Power Market and the role of the Clean Energy Power and Alternative Energy Changes under Mexico s Energy Reform US-Mexico Bar Association 2015 Marco Nieto Baker & McKenzie November 6, 2015 Baker & McKenzie
More informationINTRODUCTION TO ELECTRICITY MARKETS MEXICO
COURSE INTRODUCTION TO ELECTRICITY MARKETS MEXICO May 16-17, 2019 Le Méridien Mexico City Mexico City, Mexico Very good instructional course. Technical Coordinator, M.C., Techgen TAG US #EUCI #EUCIEvents
More informationElectricity Reform Overview
Electricity Reform Overview 9 th Annual RENEWABLE ENERGY & WATER SUMMIT Hector Castro Vizcarra Minister for Energy Affairs Embassy of Mexico March 10, 2016 1 Generating Capacity (2014) Convention al 48,530
More informationReforming the Mexican Electricity Market: Design and Regulatory Issues
Reforming the Mexican Electricity Market: Design and Regulatory Issues Juan Rosellón CIDE and DIW Berlin Launching Conference/CIDE Electricity Policy Group (CEPG) April 14-15, 2016 1/31 Outline 1. New
More informationRTO Overview and Day 2 Markets. EAI Technical Conference May 26, 2011
RTO Overview and Day 2 Markets EAI Technical Conference May 26, 2011 1 Agenda RTO Day 2 markets and Locational Marginal Pricing (LMP) Why RTO Day 2 markets may benefit Entergy s customers Quantifiable
More informationSPP at a Glance. Located in Little Rock. Approximately 600 employees
SPP at a Glance Located in Little Rock Approximately 600 employees Primary jobs electrical engineering, operations, settlements, and IT 24 x 7 operation Full redundancy and backup site 2 Regulatory Environment
More informationFixed / Price Sensitive Demand Bids, Load Response, Virtual Bidding & Pump Storage Optimizer in the Day Ahead Market
Fixed / Price Sensitive Demand Bids, Load Response, Virtual Bidding & Pump Storage Optimizer in the Day Ahead Market Keyur Patel - Sr. Lead Engineer, Day-Ahead Market Operations Stefan Starkov - Engineer,
More informationCase Study: Mexico s Power Market Reform
Case Study: Mexico s Power Market Reform Jesús Serrano Landeros ERRA Training Course May, 2018 Mexico s Energy Reform opened all subsectors of the energy industry to private participation: from generation
More informationPJM Organization and Markets. Saudi Delegation Columbus Ohio May 22, 2012
PJM Organization and Markets Saudi Delegation Columbus Ohio May 22, 2012 Agenda Introduction & Governance Energy Markets LMP FTRs/ARRs Two Settlement Virtual Bids Ancillary Capacity - Reliability Pricing
More informationDefinitions O - P. Open Access Same-Time Information System (OASIS) or PJM Open Access Same-time Information System:
Definitions O - P Offer Data: Offer Data shall mean the scheduling, operations planning, dispatch, new resource, and other data and information necessary to schedule and dispatch generation resources and
More informationBACKGROUNDER on the first fully functioning regional transmission organization in the United States: PJM Interconnection
BACKGROUNDER on the first fully functioning regional transmission organization in the United States: PJM Interconnection The Transmission and Delivery of Electricity Electricity transmission refers to
More informationSeminar on African Electrical Interconnection. Module 7 - Market Operational Structures
Seminar on African Electrical Interconnection Module 7 - Market Operational Structures Module 7 - Market Operational Structures Contents 1) Power Market Principles 2) Major Operational Issues 3) Transmission
More informationEnergy Markets - The Basics
Disclaimer This training presentation is provided as a reference for preparing for the PJM Certification Exam. Note that the following information may not reflect current PJM rules and operating procedures.
More informationStatus Update Assessment of ICT/RTO Options and Issues
JULY 2010 PRELIMINARY TECHNICAL CONFERENCE REPORT WORK IN PROGRESS Session 5 Status Update Assessment of ICT/RTO Options and Issues Kurt Castleberry July 15, 2010 1 JULY 2010 PRELIMINARY TECHNICAL CONFERENCE
More informationA BASIC ELECTRICITY PRIMER
A BASIC ELECTRICITY PRIMER Presented by Craig R. Roach, Ph.D. Vincent Musco Boston Pacific Company, Inc. Washington, DC 20005 croach@bostonpacific.com vmusco@bostonpacific.com www.bostonpacific.com Presented
More informationPanel 1: VALUE AND BENEFITS OF GRID ENERGY STORAGE Scope of discussion, background and guiding questions. November 14 th, Cuernavaca, Morelos, México
Panel 1: VALUE AND BENEFITS OF GRID ENERGY STORAGE Scope of discussion, background and guiding questions November 14 th, Cuernavaca, Morelos, México Contenido 1. VALUE AND BENEFITS OF ENERGY STORAGE IN
More informationRecent Development in Reliable Energy Market in the US and Singapore
Recent Development in Reliable Energy Market in the US and Singapore 18-19 th June 2008 Electrical Engineering and Maintenance Forum World Engineering Congress, Bangkok, Thailand Dr. Panida Jirutitijaroen
More informationTHE POWER SECTOR IN: MEXICO 1
THE POWER SECTOR IN: 1 Issue Area I. Current Status of Sector Reform: Key Points Power System Overview Structure Competition Role of the State Electricity generation in Mexico was 181,691GWh in 1998 with
More informationWholesale Electricity Markets. New England Independent System Operator. Commissioner Mark Vannoy Maine Public Utilities Commission
Wholesale Electricity Markets and New England Independent System Operator Commissioner Mark Vannoy Maine Public Utilities Commission March 26, 2014 Overview and Background 2 Wholesale Electricity Markets
More informationThe Evolution of the PJM Market in the United States: Looking Back to Look Forward
The Evolution of the PJM Market in the United States: Looking Back to Look Forward Feasibility Study for ASEAN Multilateral Power Trade September 5-6, 2018 Jakarta, Indonesia Craig Glazer Vice President
More informationReform in China s Electric Power Industry. - A Case Study of East China s Wholesale Electric Power Market -
Reform in China s Electric Power Industry - A Case Study of East China s Wholesale Electric Power Market - Chun Chun NI 1 Preface China s power industry has been reformed in various aspects since 1985.
More informationCompetitive Markets 1
Competitive Markets 1 Why Regulation? Electric service has historically been considered a monopoly service The provision of electric service traditionally required huge investments in infrastructure Electricity
More informationPower Markets and Renewables Deployment in Developing Countries
Power Markets and Renewables Deployment in Developing Countries Goran Strbac Imperial College London g.strbac@imperial.ac.uk and Frank A. Wolak Stanford University wolak@zia.stanford.edu Outline of Presentation
More informationReforming the Mexican Electricity Market: Design and Regulatory Issues. Juan Rosellón DIW Berlin and CIDE
Reforming the Mexican Electricity Market: Design and Regulatory Issues Juan Rosellón DIW Berlin and CIDE Berlin Conference on Energy and Electricity Economics (BELEC 2015) 28-29 May, 2015 1 Outline 1.
More informationWhat is Hourly Pricing?
What is Hourly Pricing? Hourly Pricing (HP) is a variable rate that changes every hour based on several factors, including: 1. Weather 2. Time of day 3. Season 4. Wholesale power market conditions 5. Other
More informationCompetitive Markets. Facilitated Dialogue: Market Restructuring & Renewable Energy. June 10-12, 2013 Mexico City, Mexico. Hisham Choueiki, Ph.D., P.E.
Competitive Markets Facilitated Dialogue: Market Restructuring & Renewable Energy June 10-12, 2013 Mexico City, Mexico Hisham Choueiki, Ph.D., P.E. Department of Energy and Environment Public Utilities
More informationMarket Monitoring Dr. Robert Sinclair Georgian Energy Policy Delegation
Market Monitoring Presented by: Dr. Robert Sinclair Presented to: Georgian Energy Policy Delegation April 30, 2012 Kentucky Public Service Commission Potomac Economics Potomac Economics is a leading provider
More informationBID SUBMISSION FOR COMISION FEDERAL DE ELECTRICIDAD (CFE) A New Generation of Automated Web Submission Improves Business Effectiveness
BID SUBMISSION FOR COMISION FEDERAL DE ELECTRICIDAD (CFE) A New Generation of Automated Web Submission Improves Business Effectiveness WHAT IS CFE? Comision Federal de Electricidad, or CFE, is a nationalized
More informationAccelerate Your Energy Strategy WITH POWER PURCHASE AGREEMENTS
Accelerate Your Energy Strategy WITH POWER PURCHASE AGREEMENTS There is a paradigm shift underway in renewable energy. After generations of renewables being more expensive than fossil fuel-based electricity,
More informationTransmission investment opportunities in Mexico
Transmission Summit 2014 Transmission investment opportunities in Mexico January 2014 Claudio Rodríguez-Galán General Overview Power generation by the private sector. Power generation by the private sector
More informationReliability Pricing Model (RPM) Overview. April 11, 2005
Reliability Pricing Model (RPM) Overview April 11, 2005 Drivers for Capacity Market Reform Generation Net Revenue Shortfall Inconsistency between capacity pricing and reliability requirements Result has
More informationPJM Manual 27: Open Access Transmission Tariff Accounting Revision: 88 Effective Date: November 16, 2017
PJM Manual 27: Open Access Transmission Tariff Accounting Revision: 88 Effective Date: November 16, 2017 Prepared by Market Settlements Development Department PJM 2017 Table of Contents Table of Contents
More informationKey Issues and Consideration in Market Design, Operational and Oversight
Key Issues and Consideration in Market Design, Operational and Oversight Patrick Donlon Amanda Gordon Kathryn Sophy Kenneth Villwock Public Utilities Commission of Ohio & Pennsylvania Public Utilities
More informationOhio Energy. Workshop FF. Best Practices for Offsite Renewable Solutions Meeting Sustainability & Renewable Energy Goals through Purchasing Solutions
Ohio Energy Workshop FF Best Practices for Offsite Renewable Solutions Meeting Sustainability & Renewable Energy Goals through Purchasing Solutions Wednesday, February 21, 2018 11:15 a.m. to 12:30 p.m.
More informationPJM Wholesale Markets. Hisham Choueiki, Ph.D., P.E. Ohio PUC Staff October 20-24, 2014 Tbilisi, Georgia
PJM Wholesale Markets Hisham Choueiki, Ph.D., P.E. Ohio PUC Staff October 20-24, 2014 Tbilisi, Georgia PJM RTO Functions Grid Operation Non-discriminatory treatment Monitoring transmission system Reliability
More informationLocational Based Marginal Pricing
Locational Based Marginal Pricing Gina Craan Manager, Market Training, NYISO Market Overview Course March 8, 2018 Rensselaer, NY 12144 1 Locational Based Marginal Pricing Attendees will be able to Explain
More informationEnergy Marketplace. Nicolé K. Grottoli. Market Overview Course. Senior Market Trainer, Market Training, NYISO. March 8, 2018 Rensselaer, NY 12144
Energy Marketplace Nicolé K. Grottoli Senior Market Trainer, Market Training, NYISO Market Overview Course March 8, 2018 Rensselaer, NY 12144 1 NYISO Energy Marketplace Benefits to Understanding How is
More informationCHAPTER 5 SOCIAL WELFARE MAXIMIZATION FOR HYBRID MARKET
61 CHAPTER 5 SOCIAL WELFARE MAXIMIZATION FOR HYBRID MARKET 5.1 INTRODUCTION Electricity markets throughout the world continue to be opened to competitive forces. The underlying objective of introducing
More informationU. S. SPOT MARKET REGULATION
U. S. SPOT MARKET REGULATION NARUC ENERGY REGULATORY PARTNERSHIP WITH GEORGIAN NATIONAL ENERGY AND WATER SUPPLY REGULATORY COMMISSION & MICHIGAN PUBLIC SERVICE COMMISSION TBILISI, GEORGIA November 30,
More informationUNITED STATES OF AMERICA BEFORE THE FEDERAL ENERGY REGULATORY COMMISSION
UNITED STATES OF AMERICA BEFORE THE FEDERAL ENERGY REGULATORY COMMISSION ELECTRIC STORAGE PARTICIPATION ) IN REGIONS WITH ORGANIZED ) DOCKET NO. AD16-20-000 WHOLESALE ELECTRIC MARKETS ) ) RESPONSE OF THE
More informationCompetitive Wholesale Electricity Market, Transactions, Pricing and LMP Decomposition
Competitive Wholesale Electricity Market, Transactions, Pricing and LMP Decomposition Chris Mensah-Bonsu, Ph.D., Principal Consulting Advisor GRIDCo Bernard Modey, Director, System Operations - GRIDCo
More informationMexico s New Energy Model. Initial Results from the Mexico Electricity Reform,
Mexico s New Energy Model Initial Results from the Mexico Electricity Reform, 2013-18 A Working Paper By Peter Nance May 2018 Initial Results from the Mexico Electricity Reform, 2013-18 By Peter Nance
More informationRenewable Energy Tracker TM
If you want to know the true price of renewable energy in America free from subsidies and mandates look to Mexico - former Energy Secretary Steven Chu Issue 1, June 2016 Contents IPD s Pick of the Month
More informationGlobalcon 2010 Philadelphia, PA
What Customers get the Best Electricity Prices? Globalcon 2010 Philadelphia, PA March 25, 2010 Rediscover Energy PA utility standard offer post-rate cap Deregulated market cost structure t and components
More informationENERGY STORAGE: FERC S TECHNICAL CONFERENCE AND NOPR
ENERGY STORAGE: FERC S TECHNICAL CONFERENCE AND NOPR Stephen M. Spina William D. Kissinger Pamela C. Tsang 2015 Morgan, Lewis & Bockius LLP Overview Background Technical Conference: Utilization in the
More informationU.S. Energy Market Deregulation
2015 U.S.-Japan Renewable Energy and Energy Efficiency Policy Business Roundtable U.S. Energy Market Deregulation Challenges Solutions & Market Impacts Peter Weigand Chairman & CEO www.skippingstone.com
More informationCorporate Sourcing of Renewable Energy Cillian O Donoghue, Climate & Energy Manager, Eurometaux - European Non-Ferrous Metals Association
Corporate Sourcing of Renewable Energy Cillian O Donoghue, Climate & Energy Manager, Eurometaux - European Non-Ferrous Metals Association 29 th January 2019 Why we care: Non-Ferrous metals production is
More informationUNITED STATES OF AMERICA BEFORE THE FEDERAL ENERGY REGULATORY COMMISSION
UNITED STATES OF AMERICA BEFORE THE FEDERAL ENERGY REGULATORY COMMISSION Electric Storage Participation in ) Markets Operated by Regional ) Docket Nos. RM16-23; AD16-20 Transmission Organizations and )
More informationIncentives and Barriers for Decentralised Power Generation in Finland and in Thailand
Incentives and Barriers for Decentralised Power Generation in Finland and in Thailand Greenfield Consulting Ltd PHONE: +358 40 502 8300 Reelinki 30, 01100 Itäsalmi, Finland FAX: +358 9 8683 6980 www.greenfieldconsulting.fi
More informationThe Constitutional Amendment in the Energy Sector: The Future of Mexico s Electricity Sector
Mexico City, Federal District, on December 19 th, 2013 The Constitutional Amendment in the Energy Sector: The Future of Mexico s Electricity Sector Executive Summary: The Federal Government s constitutional
More informationVirtual Bidding and Scheduling Requirements in MRTU
Virtual Bidding and Scheduling Requirements in MRTU Gary A. Stern, Ph.D. Director of Market Southern California Edison Virtual Bidding SCE s Position Virtual bidding (VB) should not be implemented in California
More informationIntroduction: from regulated to liberalized markets in electricity
Introduction: from regulated to liberalized markets in electricity Péter Kaderják www. erranet.org Lecture overview 1. Alternative power market models 2. Electricity market segments 3. The changing role
More informationWSPP Spring Meeting. California Energy Markets and Regional Expansion Policy Update. March 8, 2018
WSPP Spring Meeting California Energy Markets and Regional Expansion Policy Update March 8, 2018 1 CES Core Service Offerings We maximize value of existing and emerging electric infrastructure through
More informationOverview of PJM: Looking Back to Look Forward Tokyo Power Market Summit
Overview of PJM: Looking Back to Look Forward Tokyo Power Market Summit Craig Glazer Vice President, Federal Government Policy PJM Interconnection June, 2018 Topics 1. PJM Overview 2. Evolution of PJM
More informationThe Electricity Market in Mexico A Recent Market & Regulatory Design for an Era of Low Cost Renewables and Empowered Consumers
The Electricity Market in Mexico A Recent Market & Regulatory Design for an Era of Low Cost Renewables and Empowered Consumers Marcelino Madrigal, Ph.D.* Commissioner Energy Regulatory Commission, Mexico
More informationTowards a low carbon emissions energy sector: Mexico s regulatory efforts
Towards a low carbon emissions energy sector: Mexico s regulatory efforts CEER-Ariae 2011 Encounter Comisión Nacional de Energía, Madrid Wednesday 23 th March, 2011 Francisco Xavier Salazar Diez de Sollano
More informationISO Net Surplus Collection & Allocation in Wholesale Power Markets under LMP
ISO Net Surplus Collection & Allocation in Wholesale Power Markets under LMP Presenter: Leigh Tesfatsion Professor of Econ, Math, and Electrical and Comp. Engineering Iowa State University, Ames, Iowa
More informationRTOs, ISOs and Wholesale Electricity Markets
RTOs, ISOs and Wholesale Electricity Markets Jacqulynn Hugee Associate General Counsel PJM Interconnection, L.L.C. Annual Institute Energy & Mineral Law Foundation June 14, 2016 Topics for Discussio urpose
More informationRussian Wholesale Power Market
Russian Wholesale Power Market Description of the wholesale market model, its peculiarities and functioning Karina TSURCAN Member of the Executive Board Head of the Trading Unit November 2012 Structure
More informationThe Economic Principles for Demand Response and Implications for Market Structure and Market Power
The Economic Principles for Demand Response and Implications for Market Structure and Market Power 3 rd Seoul International Conference on Electricity Markets June 21, 2007 Frank Felder, Ph.D. Center for
More informationAlberta Capacity Market
Alberta Capacity Market Comprehensive Market Design (CMD 1) Design Proposal Document Section 4: Forward Capacity Auction Prepared by: Alberta Electric System Operator Date: January 26, 2018 Table of Contents
More informationBuena Gobernanza Hacia la Transición Energética
Buena Gobernanza Hacia la Transición Energética Programa Regional Seguridad Energética y Cambio Climático Daniel Chacón Mexico s Electricity Industry in the Previous 70 Years State monopoly for the whole
More informationRestructuring and Regulatory Trends in Electricity Industries
Restructuring and Regulatory Trends in Electricity Industries 23rd IAEE North American Conference: Integrating the Energy Markets in North America: Issues & Problems, Terms and Conditions Francisco de
More informationINDEPENDENT SYSTEM OPERATORS (VI + Access Rules vs. ISO vs. ITSO)
INDEPENDENT SYSTEM OPERATORS (VI + Access Rules vs. ISO vs. ITSO) Paul L. Joskow September 28, 2007 ALTERNATIVE SYSTEM OPERATOR MODELS System operator (SO) is vertically integrated utility (G+T) Functional
More informationEMBEDDED GENERATION: THE CITY POWER EXPERIENCE
EMBEDDED GENERATION: THE CITY POWER EXPERIENCE 19 April 2016 Contents 1 City Power at a glance 2 Evolution of distributed generation 3 City power approach 4 How to engage? CITY POWER AT A GLANCE City Power
More informationELECTRIC TRANSMISSION 201: Markets, ISO/RTOs and Grid Planning/Operations
ELECTRIC TRANSMISSION 201: Markets, ISO/RTOs and Grid Planning/Operations Kevin Reeves Managing Director, Transmission Strategy American Electric Power Organized Markets Organized markets are managed by
More informationThe South-central Partnership for Energy Efficiency as a Resource SPEER. SPEER Incremental Demand Response Report
The South-central Partnership for Energy Efficiency as a Resource SPEER SPEER Incremental Demand Response Report May 2015 Summary of Study Incremental Demand Response Study: ERCOT Case Study Demand Response
More informationEnergy transition and renewables expansion under nascent market
Energy transition and renewables expansion under nascent market 37th IAEE International Conference José María Valenzuela Director for Sustainability Deputy Secretariat for Planning and Energy Transition
More informationRelations in regulated and non-regulated market segments and their impacts on retail prices
Relations in regulated and non-regulated market segments and their impacts on retail prices High-level Policy Talks on the Electricity Market of Georgia Tbilisi, 10.11.2017 1 The European Electricity Acquis
More informationPZEM PZEM ENERGY. Asset optimization Trading Origination B2B
PZEM PZEM ENERGY Asset optimization Trading Origination B2B ABOUT PZEM ENERGY PZEM Energy generates electricity, trades energy on the wholesale markets, provides balancing services in power and gas markets,
More informationRegulator perspective
Trends in electricity market design: ENERGY ONLY vs. CRM Regulator perspective Andrea Commisso AEEGSI (Italy) Florence, April 10th 2015 15/09/2014 1 SUMMARY Energy-only markets Definition Theory Why Capacity
More informationLessons from California The Role of Demand Response
March 24, 2000 1 California PX Demand Responsiveness Workshop Lessons from California The Role of Demand Response Energy Markets in Turmoil Institute for Regulatory Policy Studies Steven Braithwait Christensen
More informationFERC Order 841 Electric Storage Resource Compliance Straw Proposal Overview
FERC Order 841 Electric Storage Resource Compliance Straw Proposal Overview Market Subcommittee Planning Advisory Committee Reliability Subcommittee Resource Adequacy Subcommittee June 6, 2018 Purpose
More informationxxx Ancillary services in the distribution network: Where are the opportunities? Assoc. Prof. Andrej Gubina
xxx Ancillary services in the distribution network: Where are the opportunities? ZEC 2015 10. December 2015, Zagreb, Croatia Assoc. Prof. Andrej Gubina Head, Laboratory of Energy Policy Faculty of Electrical
More informationThird Generation California Electricity Market Design
Third Generation California Electricity Market Design Dr. Chris Mensah-Bonsu Senior Market Design Engineer California ISO San Francisco Chapter Meeting IEEE Power Engineering Society San Francisco, California,
More informationLMI Workshop on Regulation and Regional Coordination Bangkok - Thailand
LMI Workshop on Regulation and Regional Coordination Bangkok - Thailand Cost Reflective Pricing and Regulation October 14 16, 2013 Elements of the Grid Source: Regulatory Assistance Project (RAP) 2 Traditional
More informationReliability Pricing Model (RPM) DRAFT Business Rules
Definition and Purpose of Reliability Pricing Model (RPM) 1. The purpose of the RPM is to develop a long term pricing signal for capacity resources and LSE obligations that is consistent with the PJM Regional
More informationPrice Formation. Eric Ciccoretti Attorney-Advisor Office of Energy Policy and Innovation Federal Energy Regulatory Commission June 13, 2017
Price Formation Eric Ciccoretti Attorney-Advisor Office of Energy Policy and Innovation Federal Energy Regulatory Commission June 13, 2017 The views and opinions presented are mine alone and do not reflect
More informationDemand Response Availability Data Systems Definitions
Demand Response Availability Data Systems Definitions August 2013 3353 Peachtree Road NE Suite 600, North Tower Atlanta, GA 30326 404-446-2560 www.nerc.com Table of Contents Table of Contents Table of
More informationAlberta Capacity Market
Alberta Capacity Market Comprehensive Market Design (CMD 1) Design Proposal Document Section 1: Overview of the Alberta Capacity Market Prepared by: Alberta Electric System Operator Date: January 26, 2018
More informationSchedule 9 and 10 PJM /23/2017
Schedule 9 and 10 PJM 2017 Schedule 9 PJM Scheduling, System Control and Dispatch Service How PJM pays its bills Unbundled Those who use the service, pay for it 6 categories plus FERC, NERC, RFC, OPSI,
More informationFederal Energy Regulatory Commission Working Paper on Standardized Transmission Service and Wholesale Electric Market Design
Federal Energy Regulatory Commission Working Paper on Standardized Transmission Service and Wholesale Electric Market Design To enhance competition in wholesale electric markets and broaden the benefits
More information3.2 Market Buyers Spot Market Energy Charges.
3.2 Market Buyers. 3.2.1 Spot Market Energy Charges. (a) The Office of the Interconnection shall calculate System Energy Prices in the form of Day-ahead System Energy Prices and Real-time System Energy
More informationSetting the Energy Bid Floor
Setting the Energy Bid Floor Frank A. Wolak Department of Economics Stanford University wolak@zia.stanford.edu http://www.stanford.edu/~wolak Chairman, Market Surveillance Committee California ISO 1 Outline
More informationNYISO Markets. New York s Marketplace for Wholesale Electricity
NYISO Markets New York s Marketplace for Wholesale Electricity Why Markets? Markets Support Reliability Competitive wholesale electricity markets preserve system reliability with pricing signals that attract
More informationACKNOWLEDGEMENT. The following members of the Department of Market Monitoring contributed to this report
ACKNOWLEDGEMENT The following members of the Department of Market Monitoring contributed to this report Eric Hildebrandt Amelia Blanke Ryan Kurlinski Roger Avalos Mike Castelhano Amol Deshmukh Sai Koppolu
More informationRegional Transmission Organizations. D. William VanderLaan Illinois Commerce Commission January 30, 2014
Regional Transmission Organizations D. William VanderLaan Illinois Commerce Commission January 30, 2014 History of Regional Transmission Organizations (RTOs) RTOs grew out of FERC Order Nos. 888/889 where
More informationDistributed Generation and a Solar Bonus
Increasing Mexico s clean energy generation and reducing its electricity subsidy through Distributed Generation and a Solar Bonus CCAP Climate Finance Forum 2016 Bonn, Germany Luis Muñozcano Deputy General
More informationA brief overview of the new Mexican Electricity Wholesale Market
A brief overview of the new Mexican Electricity Wholesale Market March 2017 Summary Mexico has enacted secondary legislation that creates a competitive power market open to private investment in almost
More informationThe Gold Strip, An Overview of the Mexican Energy Reform. Services Contract, The New PEMEX
The Gold Strip, 1933 An Overview of the Mexican Energy Reform Dr. Verónica de la Rosa Jaimes vdelaro@ucalgary.ca CENOVUS CONTINUING LEGAL EDUCATION PROGRAM Source: Jonathan Charles Brown Petróleo y revolución
More informationEnergy strategies of industrial enterprises
Ecosystems and Sustainable Development X 297 Energy strategies of industrial enterprises L. D. Gitelman & M. V. Kozhevnikov Department of Energy and Industrial Management Systems, Ural Federal University,
More informationRegulation Energy Management Market Simulation. June 14, 2011
Regulation Energy Management Market Simulation June 14, 2011 Agenda Recap of Regulation Energy Management (REM) Model in the framework of Non-Generator Resource (NGR) Highlights of Business Requirements
More informationLMP ANALYTICS AND PREDICTIVE MODELING
COURSE LMP ANALYTICS AND PREDICTIVE MODELING July 23 24, 2018 Millennium Knickerbocker Hotel Chicago, IL POST-COURSE WORKSHOP The Mechanics of Calculating LMPs TUESDAY, JULY 24, 2018 The presentation was
More informationCongestion Cost Metrics
Congestion Cost Metrics DRAFT One of the features of a locational marginal price (LMP) based market is the ability to identify grid locations that are difficult to serve with economic generation due to
More informationDesign Considerations for an Alberta Capacity Market
Design Considerations for an Alberta Capacity Market Monitoring Analytics September 21, 2016 Monitoring Analytics 2016 www.monitoringanalytics.com This page intentionally left blank. Monitoring Analytics
More informationCorporate PPAs: Options to increase cost visibility. Mariana Heinrich, Manager, Climate & Energy
Corporate PPAs: Options to increase cost visibility Mariana Heinrich, Manager, Climate & Energy Organizations are increasingly looking to reduce their environmental footprint and energy costs Reducing
More informationAccelerate Your Energy Strategy
Accelerate Your Energy Strategy WITH POWER PURCHASE AGREEMENTS is now 1 There is a paradigm shift underway in renewable energy. After generations of renewables being more expensive than fossil fuel-based
More informationElectricity market design with thoughts for New Zealand. Peter Cramton University of Cologne and University of Maryland 12 February 2018
Electricity market design with thoughts for New Zealand Peter Cramton University of Cologne and University of Maryland 12 February 2018 Goal of electricity markets: Reliable electricity at least cost Short-run
More informationCalifornia s Solar Buildout: Implications for Electricity Markets in the West
California s Solar Buildout: Implications for Electricity Markets in the West EPIS Electric Market Forecasting Conference Las Vegas, Nevada September 7, 2017 Arne Olson, Partner Agenda Report From the
More information