INITIATIVE:
Real-time market neutrality settlement

Started: May 01, 2019

Leads
Don Thretheway

Real-time market neutrality is currently calculated as the sum of instructed imbalance energy, uninstructed imbalance energy, unaccounted for energy, and greenhouse gas (GHG) awards.  To allocate the real-time market neutrality, an offset is calculated for components of the locational marginal price.  This initiative proposes modifications to the calculation of the real-time imbalance energy offset to improve the accuracy of the offset by balancing authority area.

Status

Proposal Development Decision Implementation Completed/Closed
Apr 25, 2019 Issue paper/straw proposal posted
Sep 06, 2019 FERC approval
Jul 30, 2019 Tariff amendment filing (ER19-2497)
Jul 24, 2019 Board of Governors consent
Jun 28, 2019 EIM Governing Body approval
Nov 13, 2019 Deployment
Nov 2019 Activation
Completed

Activities



In-person meeting


Board of Governors meeting

Decision on Consent Agenda - Motion - Jul 2019


Notice of Decisional Classification - Real-Time Market Neutrality Settlement

Web meeting


Draft Final Proposal - Real-Time Market Neutrality Settlement

Draft Tariff Language - Real-Time Market Neutrality Settlement

Presentation - Real-Time Market Neutrality Settlement - June 6, 2019

In-person meeting


Presentation - Real-Time Market Neutrality Technical Workshop - May 21, 2019

Proposed Settlement Changes - Real-Time Market Neutrality Settlement

Comments Matrix - Real-Time Market Neutrality Settlement - Straw Proposal and May 21 Workshop

Web meeting


Issue Paper and Straw Proposal - Real-Time Market Neutrality Settlement

Presentation Tables - Real-Time Market Neutrality Settlement

Presentation - Real-Time Market Neutrality Settlement Issue Paper and Straw Proposal