INITIATIVE:
Day-ahead market enhancements

Started: Jun 19, 2018

Leads
James Friedrich

This initiative will explore a new day-ahead product that will address ramping needs between intervals and uncertainty that can occur between the day-ahead and real-time markets.

Status

Proposal Development Decision Implementation Completed/Closed
Dec 01, 2022 Draft final proposal posted
Dec 07, 2022 Meeting
Dec 12, 2022 Market Surveillance Committee meeting
Dec 14, 2022 Joint ISO Board of Governors and WEIM Governing Body meeting (briefing)
Dec 21, 2022 Comments due
Dec 2022 - Jan 2023 Draft business requirement specification and tariff development
Feb 01, 2023 Joint ISO Board of Governors and WEIM Governing Body meeting (decision)
Fall 2023

Activities

Web meeting


Draft Final Proposal - Day-Ahead Market Enhancements

Analysis - Methodologies to Determine Imbalance Reserve Up Eligibility Price Cap - Day-Ahead Market Enhancements

Web meeting


Presentation - Day-Ahead Market Enhancements - Nov 01, 2022

Fourth Revised Straw Proposal - Day-Ahead Market Enhancements

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Web meeting


Market Surveillance Committee meeting

Web meeting


Web meeting


Presentation - Day-Ahead Market Enhancements - Sep 14, 2022

Web meeting


Web meeting


Presentation - Day-Ahead Market Enhancements - Apr 29, 2022

Presentation - Appendix C - Local Market Power Mitigation Examples

Third Revised Straw Proposal - Day-Ahead Market Enhancements (updated Apr 27, 2022)
Revisions to the proposal include language added to the WEIM Governing Body Role section and a few other minor clarifications within the proposal. The clarifications will be discussed during the Apr 29 meeting.

Appendix B Third Revised Straw Proposal - Day-Ahead Market Enhancements

Appendix C Third Revised Straw Proposal - Day-Ahead Market Enhancements

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Web meeting


Presentation - Day-Ahead Market Enhancements Stakeholder Workshop - Mar 2, 2022

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Web meeting


Web meeting


Presentation - Day-Ahead Market Enhancements - Stakeholder Workshop - Jan 24, 2022

Presentation - Day-Ahead Market Enhancements Analysis - Jan 24, 2022

Day-Ahead Market Enhancements Analysis Report - Jan 24, 2022

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Web meeting


Presentation - Day-Ahead Market Overview - Nov 30, 2021

Web meeting



Web meeting


Meeting cancelled - the presentation was covered during the July 28 meeting and, therefore this meeting is no longer needed and has been cancelled. Please see July 28 activity below to access the presentation, proposal and other related materials.


Web meeting


Appendix B - Draft Technical Description - Day-Ahead Market Enhancements

Presentation - Day-Ahead Market Enhancements Second Revised Straw Proposal Meeting - Jul 28-29, 2021

Second Revised Straw Proposal - Day-Ahead Market Enhancements

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Web meeting


Web meeting


Web meeting


Presentation - Day-Ahead Market Enhancements Initiative Update - Oct 29, 2020

Web meeting


Web meeting


Presentation - Day-Ahead Market Enhancements - Jun 15 and 17, 2020

Presentation - Day-Ahead Market Enhancements - Market Formulation

Revised Straw Proposal - Day-Ahead Market Enhancements

Reliability Capacity - Imbalance Reserve Requirement Calculation - Day-Ahead Market Enhancements

Web meeting


Presentation - Day-Ahead Market Enhancements and Extended Day-Ahead Market Initiatives Update - Apr 16, 2020

Web meeting


Web meeting


Presentation - Day-Ahead Market Enhancements - Mar 5, 2020

Comments Template - Day-Ahead Market Enhancements Straw Proposal

In-person meeting


Presentation - Day-Ahead Market Enhancements - Feb 10, 2020
Reposted to correct minor typos

Straw Proposal - Day-Ahead Market Enhancements
Reposted to correct minor typos

Variable Energy Resource Bidding and Scheduling Solver

Draft Technical Description - Day-Ahead Market Enhancements (Appendix C)

In-person meeting


Presentation - Day-Ahead Market EnhancementsWorking Group - Aug 13, 2019

In-person meeting


Presentation - Day-Ahead Market Enhancements Workshop - Jun 20, 2019

Draft Technical Description - Day-Ahead Market Enhancements (Integrated Forward Market - Flexible Ramping Product)

Draft Technical Description - Day-Ahead Market Enhancements (Integrated Forward Market - Residual Unit Commitment)

Solver Worksheet - Day-Ahead Market Enhancements (Integrated Forward Market - Flexible Ramping Product)

Solver Worksheet - Day-Ahead Market Enhancements (Integrated Forward Market - Residual Unit Commitment)