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Flexible ramping product refinements

INITIATIVE:
Flexible ramping product refinements

Started: Nov 21, 2019

Leads
Daniel Johnson

This initiative will explore several refinements to the flexible ramping product (FRP) design to improve the effectiveness of the FRP awards in the real-time market. The buffer and minimum requirement refinements were implemented in Nov, 2020. The deliverability refinement is planned for implementation in Oct, 2021.

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Status

Proposal Development	Decision	Implementation	Completed/Closed
Aug 31, 2020 Final proposal posted	Sep 30 - Oct 01, 2020 Board of Governors approval Sep 16, 2020 EIM Governing Body approval	Deliverability: Fall 2022 Buffer and minimum: Nov 2020 Deployment Nov 2020 Activation Implementation milestones

Activities

Planned decisional classification	Planned Decisional Classification - Change to the Flexible Ramping Product Refinements Proposal 06/24/2022	Submit comments Due: Jul 01, 05:00 pm Comments
Web meeting	Market Surveillance Committee 05/18/2022	Comments
Web meeting	Flexible Ramping Product Refinements - Implementation Update 05/20/2022 Video - Flexible Ramping Product Refinements - Impacts to WEIM Resource Sufficiency Evaluation - May 10, 2022 05/13/2022 Presentation - Flexible Ramping Product Refinements - Impacts to WEIM Resource Sufficiency Evaluation - May 10, 2022 05/10/2022	View comments Comments
	Report - Flexible Ramping Product Performance 03/29/2022	Comments
Revised tariff language	Revised Draft Tariff Language - Flexible Ramping Product Refinements 03/15/2021	Comments
Web meeting	Market Surveillance Committee 09/04/2020	Comments
Final proposal	Final Proposal - Flexible Ramping Product Refinements 08/31/2020	Comments
EIM classification	Notice of Decisional Classification - Flexible Ramping Product Refinements 08/20/2020	Comments
Web meeting	Draft Tariff Language - Flexible Ramping Product Refinements 08/10/2020	View comments Comments
Web meeting	ISO Responses to Stakeholder Comments - Flexible Ramping Product Refinements - Draft Final Proposal 07/08/2020 Presentation - Flexible Ramping Product Refinements Draft Final Proposal - May 18, 2020 05/14/2020 Draft Final Proposal - Flexible Ramping Product Refinements 05/08/2020 Draft Technical Description - Flexible Ramping Product Procurement and Deployment Scenarios 05/08/2020 Solver - Flexible Ramping Product Deployment Scenarios - Flexible Ramping Product Refinements 05/07/2020 Appendix A - Other ISO/RTO Demand Curve Summaries - Flexible Ramping Product Refinements 05/06/2020 Appendix C - Quantile Regression Approach - Flexible Ramping Product Requirements 05/08/2020	Comments CESA Comments - Flexible Ramping Product Refinements - Draft Final Proposal 06/03/2020 DMM Comments - Flexible Ramping Product Refinements - Draft Final Proposal 06/03/2020 Joint EIM Entities Comments - Flexible Ramping Product Refinements - Draft Final Proposal 06/03/2020 MRP Comments - Flexible Ramping Product Refinements - Draft Final Proposal 06/03/2020 PG&E Comments - Flexible Ramping Product Refinements - Draft Final Proposal 06/03/2020 Powerex Comments - Flexible Ramping Product Refinements - Draft Final Proposal 06/03/2020 SCE Comments - Flexible Ramping Product Refinements - Draft Final Proposal 06/03/2020 Six Cities Comments - Flexible Ramping Product Refinements - Draft Final Proposal 06/03/2020 WPTF Comments - Flexible Ramping Product Refinements - Draft Final Proposal 06/03/2020
Web meeting	Presentation - Flexible Ramping Product Refinements - Revised Straw Proposal 03/22/2020 Examples - Minimum Balancing Area Requirement - Flexible Ramping Product Refinements 03/23/2020 Revised Straw Proposal - Flexible Ramping Product Refinements 03/16/2020 Draft Technical Description - Flexible Ramping Product Refinements (Procurement and Deployment Scenarios) 03/17/2020	Comments CESA Comments - Flexible Ramping Product Refinements - Revised Straw Proposal 04/07/2020 DMM Comments - Flexible Ramping Product Refinements - Revised Straw Proposal 04/07/2020 Joint EIM Entities Comments - Flexible Ramping Product Refinements - Revised Straw Proposal 04/07/2020 PG&E Comments - Flexible Ramping Product Refinements - Revised Straw Proposal 04/10/2020 PG&E Comments - Flexible Ramping Product Refinements - Revised Straw Proposal 04/09/2020 PGE Comments - Flexible Ramping Product Refinements - Revised Straw Proposal 04/07/2020 Powerex Comments - Flexible Ramping Product Refinements - Revised Straw Proposal 04/07/2020 SCE Comments - Flexible Ramping Product Refinements - Revised Straw Proposal 04/07/2020 Six Cities Comments - Flexible Ramping Product Refinements - Revised Straw Proposal 04/07/2020 WPTF Comments - Flexible Ramping Product Refinements - Revised Straw Proposal 04/07/2020
Web meeting	Presentation - Flexible Ramping Product Refinements - Issue Paper/Straw Proposal 11/18/2019 Issue Paper/Straw Proposal - Flexible Ramping Product Refinements 11/14/2019	Comments BPA Comments - Flexible Ramping Product Refinements - Issue Paper and Straw Proposal 12/06/2019 CESA Comments - Flexible Ramping Product Refinements - Issue Paper and Straw Proposal 12/06/2019 DMM Comments - Flexible Ramping Product Refinements - Issue Paper and Straw Proposal.pdf 12/06/2019 Joint EIM Entities Comments - Flexible Ramping Product Refinements - Issue Paper and Straw Proposal 12/06/2019 PG&E Comments - Flexible Ramping Product Refinements - Issue Paper and Straw Proposal 12/06/2019 PGE Comments - Flexible Ramping Product Refinements - Issue Paper and Straw Proposal 12/06/2019 PGP Comments - Flexible Ramping Product Refinements - Issue Paper and Straw Proposal 12/06/2019 Powerex Comments - Flexible Ramping Product Refinements - Issue Paper and Straw Proposal 12/06/2019 PSE Comments - Flexible Ramping Product Refinements - Issue Paper and Straw Proposal 12/06/2019 SCE Comments - Flexible Ramping Product Refinements - Issue Paper and Straw Proposal 12/06/2019 Six Cities Comments - Flexible Ramping Product Refinements - Issue Paper and Straw Proposal 12/06/2019 WPTF Comments - Flexible Ramping Product Refinements - Issue Paper and Straw Proposal 12/06/2019
Analysis phase	Price performance analysis 01/15/2020	Comments