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INITIATIVE:
Reliability demand response resource bidding enhancements

Started: Oct 28, 2021

Leads
Anja Gilbert
Jill Powers

This initiative explores bidding options in three areas: 1) aligning RDRR real-time bidding with FERC Order No. 831; 2) exploring RDRR Minimum Load and Minimum Load Costs; and 3) understanding if modifying the cap of RDRR discrete dispatch options would better reflect RDRR capabilities.

 

Relevant notices Contact us

Status

Proposal Development Decision Implementation Completed/Closed
Phase 2
Apr 12, 2022 Final proposal posted - track 2
Oct 24, 2022 FERC approval (ER22-2700)
Aug 22, 2022 Tariff amendment filing (ER22-2700)
Jul 20, 2022 Board of Governors and WEIM Governing Body approval - track 2
Nov 3, 2022
Implementation milestones 		Completed
Phase 1
Jan 26, 2022 Draft final proposal posted - track 1
May 24, 2022 FERC approval (ER22-1431)
Mar 23, 2022 Tariff amendment filing (ER22-1431)
Mar 16, 2022 ISO Board of Governors and WEIM Governing Body joint approval - track 1
Jun 01, 2022 effective - track 1
Implementation milestones 		Completed

Phase 2

Completed
Joint Authority

Outcome (Track 2): The ISO implemented, effective November 3, 2022. This project enhanced the market to better reflect Reliability Demand Response Resources’ (RDRR) operational capabilities to real-time bidding for discrete real-time bidding enhancements of Reliability Demand Response Resources (RDRRs) with the following enhancements.
• Infeasible Discrete RDRR RT Dispatch via Pmin Re-Rate
• Discrete RDRR Cap Increased from 50 MW to 100 MW

Oct 24, 2022 Letter Order Accepting Tariff Amendment - Reliability Demand Response Resource (ER22-2700) 10/31/2022

Training

Video - RDRR Bidding Enhancements Track 2 Training 08/30/2022

Presentation - RDRR Bidding Enhancements Track 2 Training 08/30/2022

Phase 1

Completed
Joint Authority

Outcome (Track 1): The ISO implemented, effective June 1, 2022, real-time bidding enhancements of Reliability Demand Response Resources (RDRRs) to align RDRR bidding rules with real-time price conditions consistent with FERC Order No. 831 by requiring that RDRRs must bid at least 95% of the hard energy bid cap ($1,900/MWh) when specific conditions are satisfied to raise the energy bid cap to $2,000/MWh. Through this initiative, the ISO has updated the bidding rules in Scheduling Infrastructure and Business Rules (SIBR) to automatically adjust the submitted RDRR bids based on the change in energy bid cap by maintaining the percentage of the bid cap originally submitted by the Scheduling Coordinator. This automatic adjustment occurs after the market close and will only apply if no action is taken by the close of each hour’s real-time market by the Scheduling Coordinator. It preserved the existing bidding structure for RDRRs when the $1,000/MWh soft energy bid cap is in place. It maintains that, in the real-time market, RDRRs are treated as emergency response resources with limited availability and are only released for dispatch when an Energy Emergency Alert Stage-2 (EEA2) notice is issued.

Tariff revisions (track 2)

Revised Draft Tariff Language - Track 2 - Reliability Demand Response Resource Bidding Enhancements 08/03/2022


Notice of Decisional Classification - Reliability Demand Response Resource Bidding Enhancements Track 2 initiative 07/05/2022

Web meeting (track 2)

Video - Reliability Demand Response Resource Bidding Enhancements Track 2 - Apr 18, 2022 04/22/2022

Presentation - Reliability Demand Response Resource Bidding Enhancements - Track 2 - Apr 18, 2022 04/14/2022

Final Proposal - Reliability Demand Response Resource Bidding Enhancements - Track 2 04/12/2022

Draft Tariff Language - Reliability Demand Response Resource Bidding Enhancements - Track 2 04/12/2022

Tariff amendment (track 1)

Mar 23, 2022 Tariff Amendment - Reliability Demand Response Resource (ER22-1431) 04/01/2022

Training (track 1)

Presentation - Reliability Demand Response Resource Bidding Enhancements Track 1 Training 04/08/2022
Updated presentation on 4/14

Video - Reliability Demand Response Resource Bidding Enhancements Training - Apr 11, 2022 04/12/2022

Web meeting (track 2)

Video - Reliability Demand Response Resource Bidding Enhancement (Track 2) - Mar 16, 2022 03/22/2022

Draft Final Proposal - Reliability Demand Response Resource Bidding Enhancements - Track 2 03/11/2022

Presentation - Reliability Demand Response Resource Bidding Enhancements (Track 2) - Mar 16, 2022 03/15/2022

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Notice of Decisional Classification - Reliability Demand Response Resource Bidding Enhancements 03/01/2022

Web meeting (track 1)

Video - Reliability Demand Response Resource Bidding Enhancements - Mar 10, 2022 03/15/2022

Draft Tariff Language - Track 1 - Reliability Demand Response Resource Bidding Enhancements 02/25/2022

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Web meeting (track 1)

Presentation - Reliability Demand Response Resource Bidding Enhancements - Feb 2, 2022.pdf 02/02/2022

Draft Final Proposal - Reliability Demand Response Resource Bidding Enhancements - Track 1 01/26/2022

Video - Reliability Demand Response Resource Bidding Enhancement - Feb 2, 2022 02/07/2022

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Web meeting (track 2)

Presentation - Reliability Demand Response Resource Bidding Enhancements - Feb 2, 2022 02/02/2022

Second Revised Straw Proposal - Reliability Demand Response Resource Bidding Enhancements - Track 2 02/02/2022

Video - Reliability Demand Response Resource Bidding Enhancement - Feb 2, 2022 02/07/2022

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Web meeting

Video - Reliability demand response resource bidding enhancements - Dec 22, 2021 01/03/2022

Presentation - Reliability Demand Response Resource Bidding Enhancements - Dec 22, 2021 12/23/2021

Revised Straw Proposal - Reliability Demand Response Resource Bidding Enhancements 12/23/2021

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Web meeting

Video - Reliability Demand Response Resource Bidding Enhancement - Nov 4, 2021 11/20/2021

Comments Template Supplement - Options for SIBR Handling Real-Time Market Reliability Demand Response Resource Energy Bids 11/04/2021

Presentation - Reliability Demand Response Resource Bidding Enhancements - Nov 4, 2021 11/03/2021

Issue Paper and Straw Proposal - Reliability Demand Response Resource Bidding Enhancements 11/01/2021

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