The purpose of this initiative is to incentivize delivery of awarded energy on interties to increase operational awareness and grid reliability. Increased undelivered intertie resources are causing impacts on market pricing and grid stability. This initiative will analyze the existing intertie decline charge and propose a new settlement methodology for intertie deviations.
Outcome: This initiative introduced a new settlement methodology for intertie deviations. The desired outcome of this initiative is to provide economic incentives for the delivery of intertie resources. The ISO expects this initiative to lead to more accurate estimates of the net scheduled interchange, increased grid reliability, and accurate market pricing. This new settlement methodology was deployed on Feb. 1, 2021 and activated on Feb. 8, 2021.
| Proposal Development | Decision | Implementation | Completed/Closed |
|---|---|---|---|
|
Mar 18, 2019 Draft tariff language
Feb 13, 2019 Draft final proposal |
Mar 31, 2021 Order accepting compliance filing (ER20-1890)
Feb 3, 2021 Compliance filing (ER20-1890) Feb 1, 2021 Order granting waiver and dismissing compliance filing (ER20-1890) Dec 08, 2020 Order accepting compliance filing (ER20-1890) Sep 29, 2020 Compliance filing (ER20-1890) Sep 17, 2020 FERC approval (ER20-1890) Feb 07, 2019 Board of Governors approval Jan 24, 2019 EIM Governing Body briefing |
Feb 01, 2021 Deployment
Feb 08, 2021 Activation |
Completed |