Ancillary Services

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In a two-day meeting last week, the New England Power Pool Markets Committee continued work on ISO-NE’s proposed Energy Security Improvements (ESI) proposal, with discussions on LNG supplies, market mitigation and a second demand curve. The RTO has five months to file a long-term fuel security mechanism under FERC’s second...

AUSTIN, Texas — An attempt by ERCOT legal staff last week to alert stakeholders that qualified scheduling entities (QSEs) will soon be required to submit certificates for the resale of electricity resulted in a bit of a kerfuffle. Stakeholders pushed back against the proposal during the Technical Advisory Committee meeting...

The New England Power Pool Markets Committee on Wednesday continued discussing ISO-NE’s Energy Security Improvements (ESI) proposal, with a focus on the plan’s treatment of day-ahead ancillary services. One document up for discussion was a memo from ISO-NE COO Vamsi Chadalavada on the RTO’s draft 2020 Work Plan to file...

By Tom Kleckner AUSTIN, Texas — Normally, Texas’ electricity industry points to ERCOT’s energy-only — and deregulated — market as a model for the rest of the country to follow. Last week, however, ERCOT staffers and stakeholders gathered to hear advice from the RTOs that have already implemented real-time co-optimization...

VALLEY FORGE, Pa. — After a one-month delay, the PJM Market Implementation Committee on Wednesday endorsed two packages to update the RTO’s opportunity cost calculator. The latest plan from Dominion Energy and Panda Power Funds would make what the sponsors called "modest improvements" to the calculator and include Manual 15...

By Rich Heidorn Jr. External Market Monitor David Patton and Internal Market Monitor David Naughton both endorsed major portions of ISO-NE’s Energy Security Improvements (ESI) plan before the New England Power Pool Markets Committee on Tuesday, with Naughton also spelling out his concerns for policing market power. ISO-NE’s proposal includes...

By Tom Kleckner ERCOT's Technical Advisory Committee last week endorsed three additional “foundational pieces” to real-time co-optimization (RTC), the market tool being designed to procure energy and ancillary services (AS) every five minutes to find the most cost-effective solution for both requirements. TAC members unanimously approved the key principles in...

Technical Advisory Committee Chair Bob Helton has canceled the committee’s Aug. 28 in-person meeting because of a "limited number of items" for consideration. Instead, the TAC will hold an online information session on the Real-Time Co-Optimization Task Force’s (RTCTF) latest work to develop real-time co-optimization (RTC) principles. RTC is a...

ERCOT’s Board of Directors on Tuesday got its first look at the work being done to implement real-time co-optimization (RTC), which will add ancillary services to the real-time security-constrained economic dispatch engine. ENGIE’s Bob Helton, who chairs the Technical Advisory Committee, and Matt Mereness, ERCOT’s compliance director and chair of...

The New England Power Pool Markets Committee last week continued to discuss impact assessments of ISO-NE’s proposed energy security improvements (ESI). Analysis Group’s Todd Schatzki gave a presentation on additional preliminary results of a study on the risk premium on day-ahead energy option offers, as well as on two scenarios...