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.

Status

Proposal Development Decision Implementation Completed/Closed
May 13, 2020 Revised draft tariff language
Aug 30, 2017 Draft final proposal
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
Dec 2020 Deployment
Dec 2020 Activation
Implementation milestones

Activities



Web meeting


Second Revised Draft Tariff Language - Commitment Costs and Default Energy Bid Enhancements
Incorporates stakeholder input received during the May 20 web meeting

Revised Draft Tariff Language - Commitment Costs and Default Energy Bid Enhancements

Presentation - Commitment Costs and Default Energy Bid Enhancements - May 20, 2020

Web meeting


Presentation - Commitment Costs and Default Energy Bid Enhancements - Stakeholder Briefing - Mar 19, 2020

Web meeting


Commitment Costs and Default Energy Bid Enhancements - Revised Draft Tariff Language

Presentation - Commitment Costs and Default Energy Bid Enhancements - Feb 27, 2020




Web meeting


Revised Draft Tariff Language - Commitment Costs and Default Energy Bid Enhancements

Draft Tariff Language - Commitment Cost and Default Energy Bid Enhancements

Draft Tariff Language - Order No. 831 Compliance

Stakeholder Comments Matrix - Commitment Costs and Default Energy Bid Enhancements - Draft Tariff Language

Presentation - Commitment Costs and Default Energy Bid Enhancements - Jun 11, 2019

In-person meeting


Board of Governors meeting


Notice of Decisional Classification - Commitment Costs and Default Energy Bid Enhancements

Web meeting


Second Revised Draft Final Proposal - Commitment Costs and Default Energy Bid Enhancements

Revised Draft Final Proposal - Commitment Costs and Default Energy Bid Enhancements

Business Rules - Commitment Costs and Default Energy Bid Enhancements

Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancments - Feb 1, 2018 (updated version)

Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements - Feb 1, 2018

Web meeting


Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements - Dec 21, 2017 (updated version)

Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements - Dec 21, 2017


Joint Party Alternative Proposal - Commitment Costs and Default Energy Bid Enhancements Draft Final Proposal

Web meeting


Draft Final Proposal - Commitment Costs and Default Energy Bid Enhancements

Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements

Web meeting


Revised Straw Proposal - Commitment Costs and Default Energy Bid Enhancements

Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements - Aug 11, 2017

In-person meeting


Revised Straw Proposal - Commitment Costs and Default Energy Bid Enhancements

Process Flow - Commitment Costs and Default Energy Bid Enhancements

Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements Working Group Aug 03, 2017

In-person meeting


Straw Proposal - Commitment Costs and Default Energy Bid Enhancements

Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements Straw Proposal

In-person meeting


Presentation - Commitment Costs and Default Energy Bid Enhancements - Cathleen Colbert, ISO

Presentation - Commitment Costs and Default Energy Bid Enhancements - Moe Sakkijha, APS

Reference Level Manual - New York ISO

Presentation - Commitment Costs and Default Energy Bid Enhancements - PJM

Presentation - Commitment Costs and Default Energy Bid Enhancements - Keith Collins, DMM

Presentation - Commitment Costs and Default Energy Bid Enhancements - Dave Francis, EDF

In-person meeting


Issue Paper - Commitment Cost and Default Energy Bid Enhancements

Agenda and Presentation - Commitment Costs and Default Energy Bid Enhancements Working Group - Mar 30, 2017

Scope Quadrants - Commitment Costs and Default Energy Bid Enhancements

Bid Structure and Bidding Rule Design Options - Commitment Costs and Default Energy Bid Enhancements

High-Level Design Paths - Commitment Costs and Default Energy Bid Enhancements

Web meeting


Issue Paper - Commitment Cost and Default Energy Bid Enhancements

Agenda and Presentation - Commitment Cost and Default Energy Bid Enhancements