INITIATIVE:
Storage bid cost recovery and default energy bids enhancements

Started: Jun 27, 2024

Leads
Sergio Dueñas Melendez

This intitiative will focus on revising Bid Cost Recovery (BCR) provisions as they apply to energy storage in standalone and co-located configurations. In addition, this initiative will explore means to enhance the approximation of opportunity costs within the Default Energy Bids applicable to energy storage assets, as well as developing a Default Energy Bid applicable to hybrid resources.

Status

Proposal Development Decision Implementation Completed/Closed
Oct 31, 2024 Final proposal posted
Nov 18, 2024 Revised draft tariff language posted

Nov 07, 2024 Joint Board of Governors and WEM Governing Body approval
Nov 26, 2024 Tariff amendment to prevent unwarranted bid cost recovery payments to storage resources, and request for effective date on shortened notice (ER25-376)
Dec 01, 2024* Effective Date
Implementation milestones

Activities


Web meeting


Revised Draft Tariff Language - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Nov 18, 2024

Draft Tariff Language - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Oct 28, 2024

Presentation - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Nov 19, 2024

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Final Proposal - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Oct 31, 2024

Final Proposal with Redlines - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Oct 31, 2024


Notice of Decisional Classification - Storage BCR and DEBs Enhancements Track 1 - Nov 2024


Addendum - Draft Final Proposal - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Oct 15, 2024

Addendum Spreadsheet - Additional Examples - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Oct 15, 2024

Web meeting


Revised Draft Final Proposal - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Oct 10, 2024

Draft Final Proposal - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Oct 04, 2024

Presentation - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Oct 09, 2024

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Web meeting


Revised Straw Proposal - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Sep 04, 2024

Presentation - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Sep 11, 2024

Presentation - Battery Bid Cost Recovery and Mitigation Data - DMM - Sep 11, 2024

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Web meeting


Presentation - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Aug 19, 2024

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Web meeting


Presentation - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Aug 05, 2024

Issue Paper and Straw Proposal - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Jul 26, 2024

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Web meeting


Presentation - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Jul 22, 2024

Web meeting


Web meeting


Presentation - Storage Bid Cost Recovery and Default Energy Bids Enhancements - Jul 08, 2024

Presentation - Battery Bid Cost Recovery and Recommendations - DMM - Jul 08, 2024

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