Market Highlights 1 (January 24 February 6)

Transcription

1 Market Highlights 1 (January 24 February 6) The average DLAP price in the integrated forward market was $3.55. The maximum and minimum DLAP prices were $86.15 and $1.8, respectively. The maximum and minimum PNode prices in the integrated forward market were $71.14 and -$6.59 respectively. The top two interties congested in the integrated forward market were NOB_ITC and MALIN5. Congestion rents in these two weeks totaled $16,938, The average day-ahead ancillary service prices were between $. and $ Approximately percent of the RUC requirements were met from RA units. The average real-time FMM DLAP price was $3.12, with a maximum price of $ and a minimum price of -$.49. The maximum and minimum PNode prices in the FMM were $ and -$52.5, respectively. Out of the total 1,344 FMM intervals, 3 intervals saw DLAP prices above $25, and intervals saw DLAP prices below -$15. Out of the total 1,344 FMM intervals, 7 intervals saw ELAP prices above $25 and 2 intervals saw ELAP prices below -$15. The average real-time FMM ELAP price was $2.96, with a maximum price of $34.16 and a minimum price of -$ The average real-time RTD DLAP price was $28.82, with a maximum price of $1,14.46 and a minimum price of -$ The maximum and minimum PNode prices in the RTD were $1,642.9 and -$718., respectively. Out of the total 4,32 RTD intervals, 21 intervals saw DLAP prices above $25 and interval saw DLAP prices below -$15. Out of the total 4,32 RTD intervals, 18 intervals saw ELAP prices above $25 and 7 intervals saw ELAP prices below -$15. The average real-time RTD ELAP price was $19.63, with a maximum price of $ and a minimum price of - $ Root cause for daily high price events are noted in Tables 1 and 2. Trade Date FMM Jan 28 HE 17 FMM Jan 29 HE 18 FMM Jan 3 HE 9,1 Table 1 FMM Intervals Root Cause Load changes and change of renewable forecast. Congestion on 24138_SERRANO _5_24137_SERRANO _23_XF_1 _P. Congestion on OMS MG_BK81_NG. 1 A description of the metrics presented in this report is available at Market Quality and Renewable Integration/L.Hernandez 1

2 GW Trade Date RTD Jan 24 HE 16; Jan 29 HE 17; Feb 2 HE 17 RTD Jan 24 HE 18 RTD Jan 29 HE 16 RTD Jan 3 HE 18 RTD Jan 3 HE 8, 23 RTD Jan 3 HE 1,11; Jan 31 HE 17 RTD Feb 2 HE 21; Feb 5 HE 7 RTD Feb 6 HE 17 Table 2 RTD Intervals Root Cause Load changes and renewable deviation. Congestion on OMS CRY-MCC_651_NG and load changes. Congestion on 24138_SERRANO _5_24137_SERRANO _23_XF_1 _P and re-dispatch of resources. Congestion on 24138_SERRANO _5_24137_SERRANO _23_XF_1 _P and 782_TL234_IV_SPS_NG. Congestion on OMS MG_BK81_NG. Congestion on 24138_SERRANO _5_24137_SERRANO _23_XF_1 _P and congestion on 782_TL 23S_OVERLOAD_NG. Load changes and reduction of imports. Load changes, renewable deviation, and reduction of imports. Figure 1: Day-Ahead (IFM) LAP LMP and Cleared Bid-In Demand PGAE SCE SDGE VEA Cleared Bid-In Demand (GW) Market Quality and Renewable Integration/L.Hernandez 2

3 Congestion Rents (in Millions) Figure 2: Day-Ahead Congestion Rents $2.5 $2. $1.5 $1. $.5 $. Flow-Gates NOB_ITC MALIN5 Figure 3: Day-Ahead Congestion Rents for Flow-Based Constraints Congestion Transmission Constraint Rent 24138_SERRANO _5_24137_SERRANO _23_XF_1 _P $8,153, _DOUBLTTP_138_223_FRIARS _138_BR_1 _1 $3,281, _LUGO _5_2615_VICTORVL_5_BR_1 _1 $691,59 782_TL 23S_OVERLOAD_NG $389,741 OMS MG_BK81_NG $162, _CRESTA _23_333_RIO OSO _23_BR_1 _1 $63, _GOODRICH_23_2476_LAGUBELL_23_BR_1 _1 $56,472 OMS Caribou Bank $5,648 HUMBOLDT_IMP_NG $23,56 782_TL234_IV_SPS_NG $21, _ANTELOPE_66._2442_NEENACH _66._BR_1 _1 $2, _HPLND JT_6._3126_HPLND JT_115_XF_2 $19, _GEYERS56_115_3122_EGLE RCK_115_BR_1 _1 $18, _CORTINA _23_346_VACA-DIX_23_BR_1 _1 $14, _HGHLNDJ2_115_3195_CORTINA _115_BR_1 _1 $6, _J.HINDS2_23_2486_MIRAGE _23_BR_1 _1 $3, _CLER LKE_6._31338_KONOCTI6_6._BR_1 _1 $1, _HPLND JT_6._3137_CLVRDLJT_6._BR_1 _1 $1,54 IID-SCE_BG $1,382 Market Quality and Renewable Integration/L.Hernandez 3

4 Figure 3: Day-Ahead Congestion Rents for Flow-Based Constraints (cont) Congestion Transmission Constraint Rent 22484_MIRAMAR1_69._22492_MIRAMRTP_69._BR_1 _1 $ _GLENCLIF_69._22328_GLNCLFTP_69._BR_1 _1 $ _SANMATEO_115_33315_RAVENSWD_115_BR_1 _1 $ _DRUM _6._32376_BONNIE N_6._BR_1 _1 $ _PENSQTOS_69._22164_DELMARTP_69._BR_1 _1 $2 222_DUNHILTP_69._22196_DUNHILL _69._BR_1 _1 $33 Total $ 8,153, Figure 4: Day-Ahead (IFM) Average A/S Price Non Spin Spin Reg Up Reg Dn Mile Up Mile Dn Market Quality and Renewable Integration/L.Hernandez 4

5 Figure 5: Day-Ahead Average RUC Price Figure 6: Real-Time FMM Average A/S Price Non Spin Spin Reg Up Reg Dn Mile Up Mile Dn Market Quality and Renewable Integration/L.Hernandez 5

6 Figure 7: Real-Time FMM DLAP LMP PGAE SCE SDGE VEA Figure 8: Real-Time RTD DLAP LMP PGAE SCE SDGE VEA Market Quality and Renewable Integration/L.Hernandez 6

7 Figure 9: Real-Time FMM ELAP LMP PGE PACW PACE NEVP AZPS -2 PSEI Figure 1: Real-Time RTD ELAP LMP AZPS NEVP PACE Market Quality and Renewable Integration/L.Hernandez PACW -8 PGE PSEI 7