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Commitment costs and default energy bid enhancements

INITIATIVE:
Commitment costs and default energy bid enhancements

Started: Nov 22, 2016

Leads
Brittany Dean

Through this initiative the ISO will evaluate the following two topics: (1) whether commitment proxy costs, generated bids, and default energy bids allow scheduling coordinators to accurately reflect and recover their generators’ unit-specific marginal costs; and (2) whether changes to the economic bidding of commitment costs and associated market power mitigation methodology could increase market benefits when bidding under competitive market dynamics.

Outcome: This initiative enhanced the ISO market rules to support Bidding Flexibility and comply with FERC Order No. 831 by incentivizing flexible resource participation during times of tight fuel supply, accounting for costs of flexible resources (gas and non-gas) to reduce risk of insufficient cost recovery, encouraging participation of non- Resource Adequacy and voluntary EIM resources, and by requiring support for verified costs of energy bids above $1,000/MWh.

Relevant notices Contact us

Status

Proposal Development	Decision	Implementation	Completed/Closed
May 13, 2020 Revised draft tariff language Aug 30, 2017 Draft final proposal	Dec 28, 2020 Order accepting compliance filing (ER19-2727) Dec 28, 2020 Order accepting compliance filing (ER20-2360) Sep 21, 2020 FERC approval (ER20-2360) Jul 09, 2020 Tariff amendment filing (ER20-2360) Sep 05, 2019 Tariff amendment filing (ER19-2757) Aug 30, 2019 Tariff amendment filing (ER19-2727) Mar 22, 2018 Board of Governors approval Mar 08, 2018 EIM Governing Body briefing	Jan 2021 Deployment Jan 2021 Activation	Completed

Activities

	Sep 21, 2020 FERC approval 09/29/2020	Comments
	July 9, 2020 Tariff Amendment - Commitment Costs and Default Energy Bid Enhancements (CCDEBE) (ER20-2360) 09/17/2020	Comments
Web meeting	Video - Commitment Costs and Default Energy Bid Enhancements - May 20, 2020 05/26/2020 Second Revised Draft Tariff Language - Commitment Costs and Default Energy Bid Enhancements 06/05/2020 Incorporates stakeholder input received during the May 20 web meeting Revised Draft Tariff Language - Commitment Costs and Default Energy Bid Enhancements 05/13/2020 Presentation - Commitment Costs and Default Energy Bid Enhancements - May 20, 2020 05/20/2020	Comments
Web meeting	Presentation - Commitment Costs and Default Energy Bid Enhancements - Stakeholder Briefing - Mar 19, 2020 03/19/2020 Commitment Costs and Default Energy Bid Enhancements - Revised Draft Tariff Language 03/12/2020	Comments CPUC Comments - Commitment Costs and Default Energy Bid Enhancements - Stakeholder Briefing - Mar 19, 2020 03/27/2020 DMM Comments - Commitment Costs and Default Energy Bid Enhancements - Stakeholder Briefing - Mar 19, 2020 03/27/2020 MRP Comments - Commitment Costs and Default Energy Bid Enhancements - Stakeholder Briefing - Mar 19, 2020 03/27/2020 NRG Comments - Commitment Costs and Default Energy Bid Enhancements - Stakeholder Briefing - Mar 19, 2020 03/27/2020 Portland General Comments - Commitment Costs and Default Energy Bid Enhancements - Stakeholder Briefing - Mar 19, 2020 04/03/2020 WPTF Comments - Commitment Costs and Default Energy Bid Enhancements - Stakeholder Briefing - Mar 19, 2020 04/03/2020
Web meeting	Commitment Costs and Default Energy Bid Enhancements - Revised Draft Tariff Language 02/12/2020 Presentation - Commitment Costs and Default Energy Bid Enhancements - Feb 27, 2020 02/26/2020	Comments DMM Comments - Commitment Costs and Default Energy Bid Enhancements - Revised Draft Tariff Language 02/21/2020 Six Cities Comments - Commitment Costs and Default Energy Bid Enhancements - Revised Draft Tarif fLanguage 02/25/2020 Stakeholder Comments Matrix - Commitment Cost and Default Energy Bid Enhancements - Revised Draft Tariff Language 02/26/2020
	Jan 21, 2020 Order on Tariff Revisions - Commitment Cost and Default Energy Bid Enhancements (ER19-2727) 02/27/2020	Comments
	Sep 5, 2019 Tariff amendment - Order No. 831 compliance filing (ER19-2757) 12/13/2019	Comments
	Aug 30, 2019 Tariff amendment - commitment costs and default energy bid enhancements (ER19-2727) 08/30/2019	Comments
Web meeting	Revised Draft Tariff Language - Commitment Costs and Default Energy Bid Enhancements 08/13/2019 Draft Tariff Language - Commitment Cost and Default Energy Bid Enhancements 05/10/2019 Draft Tariff Language - Order No. 831 Compliance 08/13/2019 Stakeholder Comments Matrix - Commitment Costs and Default Energy Bid Enhancements - Draft Tariff Language 06/11/2019 Presentation - Commitment Costs and Default Energy Bid Enhancements - Jun 11, 2019 06/12/2019	Comments Joint Parties Comments - Commitment Costs and Default Energy Bid Enhancements - Draft Tariff Language 05/29/2019 NRG Comments - Commitment Cost and Default Energy Bid Enhancements - Draft Tariff Language 05/29/2019 PG&E Comments - Commitment Costs and Default Energy Bid Enhancements - Draft Tariff Language 05/29/2019 SCE Comments - Commitment Costs and Default Energy Bid Enhancements Draft Tariff Language 05/28/2019 Six Cities Comments - Commitment Costs and Default Energy Bid Enhancements - Draft Tariff Language 05/29/2019 Stakeholder Comment Matrix - Commitment Costs and Default Energy Bid Enhancements 08/13/2019
In-person meeting	Board of Governors meeting Decision on commitment costs and default energy bid enhancements proposal 11/21/2019	Comments
	Notice of Decisional Classification - Commitment Costs and Default Energy Bid Enhancements 02/28/2018	Comments
Web meeting	Second Revised Draft Final Proposal - Commitment Costs and Default Energy Bid Enhancements 03/02/2018 Revised Draft Final Proposal - Commitment Costs and Default Energy Bid Enhancements 01/31/2018 Business Rules - Commitment Costs and Default Energy Bid Enhancements 01/31/2018 Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancments - Feb 1, 2018 (updated version) 02/06/2018 Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements - Feb 1, 2018 01/31/2018	Comments DMM Comments - Commitment Costs and Default Energy Bid Enhancements Revised Draft Final Proposal 02/28/2018 NRG Comments - Commitment Costs and Default Energy Bid Enhancements Revised Draft Final Proposal 02/28/2018 PG&E Comments - Commitment Costs and Default Energy Bid Enhancements Revised Draft Final Proposal 03/01/2018 PGE Comments - Commitment Costs and Default Energy Bid Enhancements Revised Draft Final Proposal 02/28/2018 SCE Comments - Commitment Costs and Default Energy Bid Enhancements Revised Draft Final Proposal 03/01/2018 Six Cities Comments - Commitment Costs and Default Energy Bid Enhancements Revised Draft Final Proposal 03/01/2018 WPTF Comments - Commitment Costs and Default Energy Bid Enhancements Revised Draft Final Proposal 02/28/2018
Web meeting	Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements - Dec 21, 2017 (updated version) 01/05/2018 Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements - Dec 21, 2017 12/21/2017	Comments DMM Comments - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal Web Conference - Dec 21, 2017 01/17/2018 NRG Comments - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal Web Conference - Dec 21, 2017 01/17/2018 NVE Comments - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal Web Conference - Dec 21, 2017 01/17/2018 PG&E Comments - Commitment Costs - Default Energy Bid Enhancements Draft Final Proposal Web Conference - Dec 21, 2017 01/17/2018 WPTF Comments - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal Web Conference - Dec 21, 2017 01/17/2018
	Joint Party Alternative Proposal - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal 09/12/2017	Comments Six Cities Comments - Opposition to Joint Alternative Proposal - Commitment Costs and Default Energy Bid Enhancements 09/26/2017
Web meeting	Draft Final Proposal - Commitment Costs and Default Energy Bid Enhancements 08/23/2017 Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements 08/30/2017	Comments DMM Comments - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal 09/13/2017 NRG Comments - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal 09/12/2017 NV Energy - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal 09/12/2017 PG&E Comments - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal 09/13/2017 PGE Comments - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal 09/14/2017 SCE Comments - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal 09/12/2017 Six Citites Comments - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal 09/12/2017 WPTF Comments - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal 09/12/2017
Web meeting	Revised Straw Proposal - Commitment Costs and Default Energy Bid Enhancements 08/02/2017 Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements - Aug 11, 2017 08/10/2017	Comments APS Comments - Commitment Costs and Default Energy Bid Enhancements Revised Straw Proposal 08/16/2017 DMM Comments - Commitment Costs and Default Energy Bid Enhancements Revised Straw Proposal 08/16/2017 NRG Comments - Commitment Costs and Default Energy Bid Enhancements Revised Straw Proposal 08/16/2017 NV Energy Comments - Commitment Costs and Default Energy Bid Enhancements Revised Straw Proposal 08/16/2017 PG&E Comments - Commitment Costs and Default Energy Bid Enhancements Revised Straw Proposal 08/16/2017 PG&E Supplemental Comments - Commitment Costs and Default Energy Bid Enhancements Revised Straw Proposal 08/22/2017 PGE Comments - Commitment Costs and Default Energy Bid Enhancements Revised Straw Proposal 08/16/2017 SCE Comments - Commitment Costs and Default Energy Bid EnhancementsRevised Straw Proposal 08/16/2017 SDG&E Comments - Commitment Costs and Default Energy Bid Enhancements Revised Straw Proposal 08/16/2017 Seattle City Light Comments - Commitment Costs and Default Energy Bid Enhancements Revised Straw Proposal 08/16/2017 Six Cities Comments - Commitment Costs and Default Energy Bid Enhancements Revised Straw Proposal 08/16/2017 WPTF Comments - Commitment Costs and Default Energy Bid Enhancements Revised Straw Proposal 08/16/2017 WPTF Supplemental Comments - Commitment Costs and Default Energy Bid Enhancements Revised Straw Proposal 08/16/2017
In-person meeting	Revised Straw Proposal - Commitment Costs and Default Energy Bid Enhancements 08/02/2017 Process Flow - Commitment Costs and Default Energy Bid Enhancements 08/02/2017 Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements Working Group Aug 03, 2017 08/02/2017	Comments
In-person meeting	Straw Proposal - Commitment Costs and Default Energy Bid Enhancements 06/30/2017 Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/06/2017	Comments DMM Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/24/2017 EDF Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/21/2017 EIM Entities Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/21/2017 NRG Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/26/2017 NV Energy Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/21/2017 OhmConnect Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/21/2017 PG&E Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/21/2017 PGE Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/21/2017 Powerex Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/21/2017 SCE Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/21/2017 SCL Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/21/2017 Six Cities Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/21/2017 WPTF Comments - Commitment Costs and Default Energy Bid Enhancements Straw Proposal 07/21/2017
In-person meeting	Presentation - Commitment Costs and Default Energy Bid Enhancements - Cathleen Colbert, ISO 04/20/2017 Presentation - Commitment Costs and Default Energy Bid Enhancements - Moe Sakkijha, APS 04/20/2017 Reference Level Manual - New York ISO 04/20/2017 Presentation - Commitment Costs and Default Energy Bid Enhancements - PJM 04/20/2017 Presentation - Commitment Costs and Default Energy Bid Enhancements - Keith Collins, DMM 04/18/2017 Presentation - Commitment Costs and Default Energy Bid Enhancements - Dave Francis, EDF 04/19/2017	Comments DMM Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 EDF Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 NRG Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 NV Energy Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 PG&E Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 PGE Supplemental Comments - Commitment Costs and Default Energy Bid Enhancements Working Group 05/18/2017 Portland General Electric Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 SCE Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 Six Cities Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 WPTF Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/11/2017
In-person meeting	Issue Paper - Commitment Cost and Default Energy Bid Enhancements 11/18/2016 Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements Working Group - Mar 30, 2017 03/30/2017 Scope Quadrants - Commitment Costs and Default Energy Bid Enhancements 03/30/2017 Bid Structure and Bidding Rule Design Options - Commitment Costs and Default Energy Bid Enhancements 03/30/2017 High-Level Design Paths - Commitment Costs and Default Energy Bid Enhancements 03/30/2017	Comments DMM Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 EDF Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 NRG Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 NV Energy Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 PG&E Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 PGE Supplemental Comments - Commitment Costs and Default Energy Bid Enhancements Working Group 05/18/2017 Portland General Electric Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 SCE Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 Six Cities Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/03/2017 WPTF Comments - Commitment Costs and Default Energy Bid Enhancements Working Group Mar 30 and Apr 20, 2017 05/11/2017
Web meeting	Issue Paper - Commitment Cost and Default Energy Bid Enhancements 11/18/2016 Agenda and Presentation - Commitment Cost and Default Energy Bid Enhancements 11/18/2016	Comments Additional DMM Comments - Commitment Costs and Default Energy Bid Enhancments Issue Paper 12/12/2016 DMM Comments - Commitment Costs and Default Energy Bid Enhancements Issue Paper 11/30/2016 EDF Comments - Commitment Costs and Default Energy Bid Enhancements Issue Paper 12/12/2016 NRG Comments - Commitment Costs and Default Energy Bid Enhancements Issue Paper 12/12/2016 NVE Comments - Commitment Costs and Default Energy Bid Enhancements Issue Paper 12/12/2016 PG&E Comments - Commitment Costs and Default Energy Bid Enhancements Issue Paper 12/12/2016 SCE Comments - Commitment Costs and Default Energy Bid Enhancements Issue Paper 12/12/2016 Six Cities Comments - Commitment Costs and Default Energy Bid Enhancements Issue Paper 12/12/2016 WPTF Comments - Commitment Costs and Default Energy Bid Enhancements Issue Paper 12/13/2016

INITIATIVE: Commitment costs and default energy bid enhancements

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INITIATIVE:
Commitment costs and default energy bid enhancements