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.
Proposal Development | Decision | Implementation | Completed/Closed |
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Apr 25, 2019 Issue paper/straw proposal posted
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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 |