This initiative will explore several refinements to the flexible ramping product (FRP) design to improve the effectiveness of the FRP awards in the real-time market. The buffer and minimum requirement refinements were implemented in Nov, 2020. The deliverability refinement is planned for implementation in Oct, 2021.
Proposal Development | Decision | Implementation | Completed/Closed |
---|---|---|---|
Aug 03, 2022 Draft tariff language posted
Aug 31, 2020 Final proposal posted |
Oct 18, 2022 FERC approval (ER22-2661)
Aug 15, 2022 Tariff amendment filing (ER22-2661) Jul 20, 2022 - Joint EIM Governing Body and Board of Governors approval Sep 30 - Oct 01, 2020 Board of Governors approval Sep 16, 2020 EIM Governing Body approval |
Deliverability:
Feb 01, 2023 Activation Buffer and minimum: Nov 2020 Deployment Nov 2020 Activation |
Completed |