1 / 23

Structured / Unstructured Market Trials

Structured / Unstructured Market Trials. Bi-Weekly Update – Friday Meeting June 28, 2013. Agenda. Structured Market Trials Daily Calendar: July 1 – July 7 Scenarios Scheduled: No Scenarios Scheduled Unstructured Test Days: Tues July 2 & Weds July 3

bcameron
Télécharger la présentation

Structured / Unstructured Market Trials

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Structured / Unstructured Market Trials Bi-Weekly Update – Friday Meeting June 28, 2013

  2. Agenda • Structured Market Trials Daily Calendar: July 1 – July 7 • Scenarios Scheduled: • No Scenarios Scheduled • Unstructured Test Days: Tues July 2 & Weds July 3 • July 8-14 Look-Ahead: 13.0 – Demand Response • Release Scorecard • Migration Report • Known Issues Log • Unstructured Testing • Extended Connectivity Testing Update – Brett Crane

  3. Outstanding Questions • None Ginny Watson

  4. Review of Events: June 24 – June 28 • Monday June 24, 3-6P CPT: Markets Release installed successfully • Installing the release turned on the creation of test data that overwrote MP submitted data for the next 7 days • Tuesday June 25: Data Reset for Day-Ahead and Real-Time • MPs required to re-submit bids and resource offers • Wednesday June 26 • SPP worked with MPs that requested assistance to copy data forward Gary Cate

  5. Calendar Reminders • July 1 – July 7 • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder • Official Operating Days – Tuesday July 2 & Wednesday July 3 • SPP will support questions concerning studies run during that day • Activity specified by SMT Daily Calendar • Base Case Scenarios, Unstructured testing based on MP offers • Friday Maintenance • Member-impacting maintenance will happen on Friday afternoons • 24-hour notice if member impacts are expected • Saturday - Reserved for MP Testing • SPP will not override offer data • Studies will be run, system permitting Ginny Watson

  6. Unstructured Testing Tips Types of Items MPs Should Test: • DA Market • Self commit during an operating day • Self commit resources in the DA Market based on the MPs EIS resource plan (especially when settlements is available to see the interaction between DA Market and Real Time) • Vary startup & no load costs on a resource to see the impact on clearing • Vary resource prices to see impact on clearing • Vary offer curve prices and slope to see impact on clearing • Submit price sensitive demand bids commensurate with unit offer prices and overall P&L • Submit virtual bids/offers at different pnodes, utilizing tiered offers • Vary different commitment parameters and analyze results • Max Daily Energy, Max Daily Starts, etc. • Change Offers for Reserve Products • Price • Status Alan Adams

  7. Unstructured Testing Tips Types of Items MPs Should Test: • RUC • Vary different commitment parameters and analyze results • Max Daily Energy, Max Daily Starts, Etc • Change Commitment Status • Reliability, Market, Outage, Self • RT Market • Change resource offers for limits, ramp rates during the day to observe the effects on defects • Try various offers that include fixed and market offers • Vary reserve offers and ramp rates on different resources to see the effects on clearing • Observe behavior of units when submitting different unit status’ between the markets (ex: DA Market = Self, RT Market = Market) Alan Adams

  8. Unstructured Testing Tips Types of Items MPs Should Test: • RTGEN • Integration with RTGEN startup and shutdown sequence – managing control mode • 1. Control mode of 0 when offline • 2. Control mode of 3 when ramping to min • 3. Control mode of 1 or 2 when on and dispatchable • 4. Reverse this when coming offline • Change control modes for resources to see the effects on dispatch • i.e. set control mode to 0 for a resource that is online, set control mode to 1 for a resource that is clearing regulation, etc.) Alan Adams

  9. Unstructured Testing Tips Types of Items MPs Should Test: • Once CROW is integrated: • Try to submit offers in the DA Market for resources that are outaged • Once RTOSS is integrated: • Enter in Dispatchable/Up to TUC transactions with very low prices to verify they clear if they are in the money • Enter in Dispatchable/Up to TUC transactions with very high prices to verify they do not clear if they are out of the money • Settlements: • All kinds of changes and options • Virtual bids vs. price –sensitive demand bid, URD, trigger other charge types Unstructured Testing Tips posted on spp.org • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder Alan Adams

  10. 13.0 – Demand Response • Look-Ahead July 8-14: • 13.0 – Demand Response on Thursday July 11 (Only Relevant to 1 MP) 1.1 Scenario Description • Verify functionality specific to DDRs • DDRs and BDRS achieve their response through reduction of the effective load. 1.2 Expected Results • DDR Dispatch and Contingency Reserve Clearing • DDR Regulation • Demand Response Load (DRL) • Submitted Option DDRs submit real-time production MW 2.0 MP Activities • Verify DDRs have valid offer data for all products. • Ensure required real-time measurements are defined and being submitted Submit hourly DRL forecasts when required • Verify that Dispatch Instructions are received via XML Alan Adams

  11. Tips and Guidelines • SMT Tips and Guidelines posted on spp.org • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder • Information included: • Mitigated Offers • Even though we are not yet testing Mitigation functionality, SPP does still want MPs to submit mitigated offers. • Resource Parameter Submission Guidelines • Maximum Daily Energy, Maximum Run Time, Minimum Down Time, etc. • Operating Reserve Fixed Dispatch MW Submissions • MPs using the Fixed Dispatch Status for their OR Offers need to make sure the Fixed MW value they are submitting is reasonable Ginny Watson

  12. Release Scorecard • Release Scorecard • Find the Release Scorecard on spp.org: • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder Ginny Watson

  13. Migration Report • Migration Report • Find the Migration Report on spp.org: • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder Wendy Reynolds

  14. Known Issues Log • Market Trials Known Issues Log • Find the Known Issues Log on spp.org: • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder Carrie Simpson

  15. Proposed Restructure: Overview • SMT Call would be held once per week on Fridays 9-10:30A (as of 7/12) • Look-Ahead: in-depth review of upcoming scenarios • Discussion of Known Issues and Releases • Results: presentation of Analysis one week in arrears • Only statistics relevant to the Analysis would be presented • Statistics for Operating Days posted daily, by EOD the day following the OD • Ex: Statistics for July 2 OD will be posted by EOD July 3 • Analysis of ODs posted by EOD on the following Tuesday • Ex: Analysis of July 2 & July 3 ODs will be posted by EOD Tues, July 9 • Reasons for Restructure: • Gives SPP more time to provide quality Analysis • Gives MPs more time to review Data & Analysis prior to discussion • Opportunity to improve quality of MP questions during weekly calls • Creates a more efficient & convenient meeting schedule (one call per week) Ginny Watson

  16. Proposed Restructure: July Schedule • Monday, July 1: SMT Results Call (no change) • Friday, July 5: No SMT Call (holiday) • Monday, July 8: TCR Call • Friday, July 12 (9-10:30A): New SMT Results & Look-Ahead Call • Statistics posted daily as of July 3 • Statistics for July 2 OD posted by EOD July 3 • Statistics for July 3 OD posted by EOD July 5 (holiday) • Analysis posted by EOD Tuesday, July 9 Ginny Watson

  17. SPP Hotline Reminder • SPP Hotline: Critical and High Issues • Phone Number: 501-482-2222 • Monday – Friday, 8:00 am – 5:00 PM • Critical Issue: one or more systems, or a function within a system, are rendered inaccessible or stop functioning all together • An example of a critical issue is: "An MP cannot update RTBM offers for the current Operating Day." • High Issue: One or more key functions within a system are non-operational, or a severe error exists in its processing, and there is no workaround • Call the hotline when “stuck” (cannot move forward without help) • Examples: data submission issue, real-time ICCP issues, etc. Ginny Watson

  18. Market Trials Useful Documentation Integrated Marketplace Market Trials Project Documentation Folder Find useful documentation on spp.org: • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder • Market Trials Daily Calendar • SMT Tips and Guidelines • Unstructured Tips • Release Scorecard • Change Tracker • Market Trials Known Issues Log • Migration Report • Structured Market Trials Scenarios • Market Participant Guide Ginny Watson

  19. Scheduled Scenarios • July 1 – July 7 • No scenarios scheduled • Unstructured Test Days: Tues July 2 & Weds July 3 • July 8 – July 14 • 13.0 – Demand Response • July 15 – July 21 • 23.1 – Spring Load Profile • 23.2 – Spring Load Profile • 25.1 – Fall Load Profile • 25.2 – Fall Load Profile Ginny Watson

  20. Extended Connectivity Test Execution Week #2 MPs who Perform Extended Connectivity Testing June 10th – June 14th. • Cargill Power Markets LLC (Complete) • Noble Americas Gas & Power Corp (Complete) • Cimarron Wind Energy, LRR (Complete) • Rainbow Energy Marketing Corporation (Complete) • City of Chanute (Complete) • Shell Energy North America (US) LP (Complete) • Exelon Generation Company LLC (In Progress) • Twin Eagle Resource Management, LLC (No Checklist: Can Not Participate) • Enel Green Power North America, INC (No Checklist: Can Not Participate) • JP Morgan Ventures Energy Corp(No Checklist: Can Not Participate) • Trademark Merchant Energy, LLC (No Checklist: Can Not Participate) • Buffalo Dunes Wind Project(No Checklist: Can Not Participate) • Solomon Fork Wind Farm LLC (No Checklist: Can Not Participate)

  21. Extended Connectivity Test Execution Week #3 MPs Scheduled to Perform Extended Connectivity Testing June 17th – June 21st. Results due Friday 6/21 • AEP Energy Partners (Complete) • Edison Mission Marketing & Trading (Complete) • Otter Tail Power Company (In Progress) • Carpe Diem Trading II, LLC (In Progress) • ETC Endure Energy (Not Tested) • Tennessee Valley Authority (Not Tested) • Blue Canyon V (No Checklist: Can Not Participate) • Wind Farm Bear Creek LLC (No Checklist: Can Not Participate) • Citigroup Energy INC (No Checklist: Can Not Participate) • Denver Energy, LLC (No Checklist: Can Not Participate) • Infinity Wind Holdings, LLC (No Checklist: Can Not Participate) • Transalta Energy Marketing [US] INC (No Checklist: Can Not Participate) • Conoco Phillips Company (No Checklist: Can Not Participate) • DB Energy Trading(DBET) (No Checklist: Can Not Participate) • EDP Renewable North America LLC (Formerly Horizon Wind Energy LLC (No Checklist: Can Not Participate)

  22. Extended Connectivity Test Execution Week #4 MPs Scheduled to Perform Extended Connectivity Testing June 24th – June 28th. Results due Friday 6/28 • Galt Power INC (In Progress) • MET Southwest Trading LLC (In Progress) • Dempsey Ridge Wind Farm, LLC (Not Tested) • Macquire Energy LLC (Not Tested) • Midwest Energy Trading East LLC (MET1) (No Checklist: Can Not Participate) • Monterey SW, LLC (No Checklist: Can Not Participate) • Monterey SWF, LLC (No Checklist: Can Not Participate) • Saracen Energy West (No Checklist: Can Not Participate) • Union Electric Company DBA Ameren Missouri (No Checklist: Can Not Participate) • Utilities Plus (No Checklist: Can Not Participate) • Wind Farm 66 LLC(No Checklist: Can Not Participate) • XO Energy SW, LP (No Checklist: Can Not Participate) • XO Energy SW2, LP(No Checklist: Can Not Participate)

More Related