Market Simulation Presentation Spring 2014 Release

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1 Market Simulation Presentation Spring 2014 Release Christopher McIntosh Lead Market Simulation Coordinator Spring 2014 Release February 20 th, 2014

2 Agenda Spring 2014 Market Simulation Initiatives and Timelines Spring 2014 MAP Stage Availability FERC 764 with Dynamic Transfers RIMPR Phase 1 with Post Emergency BCR Revisions to Price Corrections Next Steps Reference Slides Page 2

3 Spring 2014 Release Market Simulation Initiatives and Timelines Spring Release Connectivity Testing - February 3 rd February 7 th, 2014 FERC Order 764 Compliance with 15 Minute Market and Dynamic Transfers - February 11 th March 31 st, 2014 (Structured and Unstructured) Post Emergency Filing Bid Cost Recovery (BCR) with Mandatory Multi- Stage Generations (MSG), Renewable Integration Market and Product Review (RIMPR) Phase, Bid Cost Recovery (BCR) Mitigation Measures and Bid Floor Cap - February 11 th March 31 st, 2014 (Structured and Unstructured) Revisions to Price Corrections - February 17 th March 7 th, 2014 (Unstructured) Page 3

4 Spring 2014 Release MAP Stage Availability Upcoming Scheduled Maintenance - Closing February 21 st, 09:00 to 20:00 MAP Stage Spring Release Daily Maintenance Window - 16:00-20:00 MAP Stage Weekly Maintenance Window - Friday s, 09:00-20:00 Page 4

5 FERC 764 with Dynamic Transfers Simulation The FERC Order 764 Compliance with 15 Minute Market and Dynamic Transfers Simulation timeline FERC Order 764 Compliance with 15 Minute Market and Dynamic Transfers: February 11 th - March 31 st, 2014 (Structured and Unstructured) FERC Order 764 Compliance with 15 Minute Market and Dynamic Transfers: February 11 th February 27 th, 2014 (Structured) FERC Order 764 Compliance with 15 Minute Market and Dynamic Transfers: March 3 rd - March 31 st, 2014 (Unstructured) Structured Scenario Execution Dates Week 1 Scenario #3 TD 2/11, Scenario #4 TD 2/12 and Scenario s #1 & #2 TD 2/13 Structured Scenario Execution Dates Week 2 Scenario #8 TD 2/18 and Scenario #9 TD 2/19 Structured Scenario Execution Dates Week 3 Scenario #6 & #7 TD 2/25 and #5 TD 2/27 Page 5

6 Scenario #8 Scenario Number FERC ORDER 764 Structured Scenarios Description Intra-Hour High VER Actual compared to forecast - TD 2/18-16:45 18:15 ISO Actions ISO to modify the VER forecast Intra-hour lower than original forecast. 8 SC Actions MP s submit VER bids. Expected Outcome RTPD and RTD dispatches to meet and resolve system conditions. In ADS and CMRI view resource awards. Anticipated Settlement Outcome CC 6470, CC 6460, CC 6475, CC 6455 and CC 701. Page 6

7 Scenario #9 Scenario Number FERC ORDER 764 Structured Scenarios Description Intra-Hour Low VER Actual compared to forecast - TD 2/19-16:35 18:00 9 ISO Actions SC Actions Expected Outcome ISO to modify the VER forecast Intra-hour higher than original forecast. MP s submit VER bids. RTPD and RTD dispatches to meet and resolve system conditions. In ADS and CMRI view resource awards. Anticipated Settlement Outcome CC 6470, CC 6460, CC 6475, CC 6455 and CC 701. Page 7

8 FERC 764 Known Issues # Application Severity (H/M/L) New or Existing Variance Variance Description 1 CMRI L Open In some instances SchedulePrices V1 API response is failing XSD Validation. 2 CMRI L New RetrieveSchedulePrices_v2 API returns an unexpected error when request is submitted for a MarketType='RTM' and ExecutionType='HASP' Resolution Expectations ISO is attempting to fix this issues for the schedule maintenance 2/21 ISO is attempting to fix this issues for the schedule maintenance 2/21 3 CMRI H New RTUC Advisory Schedule Report is missing AS 4 SIBR L Delayed MP can retrieve the historical forecast from SC VER but the status is not indicated 5 Settlements M Open LAP LMP is calculated based on FMM LMP, not weighted average of FMM and RTD LMP ISO is attempting to fix this issues for the schedule maintenance 2/21 Not planned for go live. ISO is attempting to fix this issues for the schedule maintenance 2/21 Page 8

9 FERC 764 Known Issues # Application Severity (H/M/L) New or Existing Variance Variance Description 6 Settlement M New Settlement system is calculating Undelivered Spin Compliance Flag and Undelivered Non-Spin Compliance Flag based upon Capacity and not Dispatch resulting inaccurate No Pay Settlement 7 Settlements L New Settlement system is calculating is inaccurately calculating the IFM Day Ahead MSS Net Schedule. 8 Settlements L New Settlement system is calculating the Total FMM price as a negative. Resolution Expectations This issue will be resolved with the publication of 2/18/14 Daily Initial Market Statements and 2/11/14 Daily Recalculation Statement. This issue will be resolved with the publication of 2/18/14 Daily Initial Market Statements and 2/11/14 Daily Recalculation Statement. This issue will be resolved with the publication of 2/18/14 Daily Initial Market Statements and 2/11/14 Daily Recalculation Statement. 9 Settlements L New Settlement system is incorrectly calculating the Exceptional Dispatch Meter Adjustment Factor (EDE MEAF)on RTD Exceptional Dispatch Energy only. This issue will be resolved with the publication of 2/18/14 Daily Initial Market Statements and 2/11/14 Daily Recalculation Statement. Page 9

10 RIMPR Phase 1, Mandatory MSG, Post Emergency Filing BCR and BCR Mitigation Measures with Bid Floor Cap Simulation The RIMPR Phase 1, BCR changes with Bid Floor and Mandatory MSG RIMPR Phase 1, BCR changes with Bid Floor and Mandatory MSG: February 11 th - March 31 st, 2014 (Structured and Unstructured) Bid Floor Cap Structured Scenario Execution Date Scenario #1 TD 2/20 Page 10

11 Scenario #1 Scenario Number RIMPR Phase 1 with BCR Mitigation and Bid Floor Description Bid Floor Cap of Negative TD 2/20 1 ISO Actions SC Actions ISO will manually lower the load forecast ISO to create over generation conditions in ISO control area such that the system price goes down to around negative 150. MP s to submit bids on desired resources between the previous bid floor of negative 30 and the negative 150 bid floor. MP s should also attempt to submit bids below the negative 150 bid floor. Expected Outcome Anticipated Settlement Outcome Resources dispatched by the real time market, resolving the over generation condition economically. SIBR should not allow MP s to submit bid segments priced below the negative 150 bid floor. MP s should observe that dispatches for their resources are consistent with their bid prices. Since the LMP is negative, market participants will see how the negative bid price will work with the negative LMP in the bid cost recovery. CC# , 6470 and 6460 Page 11

12 RIMPR Known Issues # Application Severity (H/M/L) New or Existing Variance Variance Description Resolution Expectations 1 CMRI L Open Record Versioning for Resource Time Ranges is not correct. 2 CMRI L Open ISO Commitment Cost Details_V1 version should be deprecated. 3 CMRI L Open Expected Energy Allocation Details Report missing RTMarketType tag ISO is attempting to fix this issues for the schedule maintenance 2/21 ISO is attempting to fix this issues for the schedule maintenance 2/21 ISO is attempting to fix this issues for the schedule maintenance 2/21 Page 12

13 Revisions to Price Corrections The Revisions to Price Corrections Simulation timeline Revisions to Price Corrections: February 17 th March 7 th, 2014 (Unstructured) Page 13

14 Next Steps The next teleconference will take place at 13:00 PPT on Monday, February 24 th, Page 14

15 Reference Slides Reference Slides Page 15

16 Spring 2014 Release Market Simulation Plan Release%20planning/Spring%202014%20release/Sprin g%202014%20release%20-%20plans Page 16

17 ISO System Access Documentation ion_marketparticipants.pdf Page 17

18 ISO Market Simulation Support Hours - 09:00-18:00, PST (Monday through Friday) Phone - (916) ISO s 24X7 Help Desk - (916) (Connectivity, Endpoints) - MarketSim@caiso.com Page 18

19 Market Simulation Issue Management Submit all issues to the CIDI case management system. CIDI tickets will need to have Functional Environment = Market Simulation Spring 2014 to be reviewed by ISO SME s. Page 19

20 Spring 2014 Release Communication Plan ISO will host Bi-weekly call on Mondays and Thursdays starting February 3 rd, 2014 Date January February March 28 Kick Off Call 3, 6, 10,13, 18, 20, 24, 27 3, 6, 10, 13, 17, 20, 24, 27 Time 1:00 p.m. to 2:30 p.m. (Pacific Time) The web conference details are different for each scheduled meeting. Please refer to the California ISO public calendar at for current login information relevant for each meeting. Please note ISO has shifted the normally scheduled call from February 17 th to 18 th, 2014 in observance of Presidents Day. Page 20

21 Web Service Impacts CMRI Report Release Affected API Version Expected Energy GoLive MSG GMT Fall 2013 Spring 2014 GoLive RetrieveExpectedEnergy_PTR_AP RetrieveExpectedEnergy_PTR_DocAttach_AP RetrieveExpectedEnergy_PTRv _AP RetrieveExpectedEnergy_PTRv _DocAttach_AP RetrieveExpectedEnergy_CMRIv1_AP RetrieveExpectedEnergy_CMRIv1_DocAttach_AP RetrieveExpectedEnergy_CMRIv2_AP RetrieveExpectedEnergy_CMRIv2_DocAttach_AP RetrieveExpectedEnergyAllocationDetails_PTR_AP RetrieveExpectedEnergyAllocationDetails_PTR_DocAttach_AP Availability as of spring 2014 release Remain supported Remain supported To be decommissioned New version will be supported Remain supported Expected Energy Allocation MSG GMT Fall 2013 RetrieveExpectedEnergyAllocationDetails_PTRv _AP RetrieveExpectedEnergyAllocationDetails_PTRv _DocAttach_AP RetrieveExpectedEnergyAllocationDetails_CMRIv1_AP RetrieveExpectedEnergyAllocationDetails_CMRIv1_DocAttach_AP Remain supported To be decommissioned Spring 2014 RetrieveExpectedEnergyAllocationDetails_CMRIv2_AP RetrieveExpectedEnergyAllocationDetails_CMRIv2_DocAttach_AP New version will be supported GoLive RetrieveISOCommitmentCostDetails_PTR_AP RetrieveISOCommitmentCostDetails_PTR_DocAttach_AP Remain supported ISO Commitment Cost Details MSG GMT Fall 2013 RetrieveISOCommitmentCostDetails_PTRv _AP RetrieveISOCommitmentCostDetails_PTRv _DocAttach_AP RetrieveISOCommitmentCostDetails_CMRIv1_AP RetrieveISOCommitmentCostDetails_CMRIv1_DocAttach_AP Remain supported To be decommissioned Spring 2014 RetrieveISOCommitmentCostDetails_CMRIv2_AP RetrieveISOCommitmentCostDetails_CMRIv2_DocAttach_AP New version will be supported Market Schedules Spring 2014 RetrieveMarketSchedules_CMRIv1_AP RetrieveMarketSchedules_CMRIv1_DocAttach_AP New version will be supported Non- Dispatchable Time Ranges Spring 2014 RetrieveNonDispatchableTimeRanges_CMRIv1_AP RetrieveNonDispatchableTimeRanges_CMRIv1_DocAttach_AP New version will be supported Market Forecast Spring 2014 RetrieveMarketForecast_CMRIv1_AP RetrieveMarketForecast_CMRIv1_DocAttach_AP New version will be supported Page 21

22 Web Service Impacts OASIS Current Transmission Usage Transmission Interface Usage Market Available Transfer Capacity TRNS_CURR_USAGE TRNS_USAGE TRNS_ATC CAISO Demand Forecast Wind and Solar Forecast SLD_FCST SLD_REN_FCST Locational Marginal Prices - 15 minute PRC_RTPD_LMP (new) level Page 22

23 Web Service Impacts Service Operation Version 4 Multi-Stage Generator Version 5 Contingency Dispatch Enhancements Version 6 FERC764 Retrieve/Request getdispatchbatchessinceuid getbatchstatus getbatchheader getdispatchbatch isnewtrajdata gettrajectorydata submitmsslfrequest validatedispatchbatch To be decommissioned upon spring 2014 ADS deployment Will still be supported New; to be supported upon spring 2014 ADS deployment Response acceptinstruction declineinstruction partialacceptinstruction To be decommissioned upon spring 2014 ADS deployment To be decommissioned upon FERC 764 activation New; to be supported upon spring 2014 ADS deployment Page 23

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