caiso must offer obligation

stream endobj must offer obligation RA eligible -Qualified Capacity methodology exists By default, DR resources have a 24/7 MOO LRA must adopt terms and conditions for the DR program to modify the 24/7 MOO RA eligible -requires deliverability study 24/7 MOO RA eligible (no tariff rules) -Qualified Capacity methodology does not . PDF Flexible Resource Adequacy Criteria and Must Offer Obligation Phase 2 Flexible Resource Adequacy Must Offer Obligation (FRACMOO) 3 categories: base, peak and super-peak Different requirements for: hours of availability, number of starts per day, ability to sustain max EFC Bid behavior must correspond to category for which resource is contracted, i.e. PDF 3. Overview of Market Instruments - CAISO A (supply or demand) resource that commits to provide RA undertakes a "must-offer" obligation to bid or self-schedule its capacity into the CAISO market. Sample 1 Sample 2 Sample 3 Based on 31 documents Save Copy Must Offer Obligations means Seller 's obligation to Bid or cause Seller's SC to Bid endobj CAISO Load, Wind & Solar Profiles - High Load Case January 2020 ) 8,000 MW in 2 hours 6,300 MW in 2 hours 13,500 MW Slide 2 . Wetzell Comment Dec. Opinion on Resource Adequacy Requirements - California 2 0 obj Must-Offer Obligation Definition | Law Insider Must offer obligations to ensure the ISO has the authority to commit and . California ISO - All comments $.' the caiso will have three categories of frac resources that correlate with the three types of conditions that the caiso faces that require flexible capacity: (1) base ramping flexibility. 3 0 obj %PDF-1.5 While the Must-Offer Obligation resource is not obligated to bid, the CAISO inserting bids does not commit or dispatch the long - start resource for RT because as a long start the commitment time would follow outside of the RTM horizon. 0000000576 00000 n endobj PDF Flexible Resource Adequacy Criteria and Must Offer Obligation - Phase 2 CAISO Asks FERC to Approve Tariff Changes Establishing Flexible Sample 1 Sample 2 Sample 3 <> endobj endstream Also, the changes subject RMR resources to a must offer obligation and the Resource Adequacy Availability Incentive Mechanism, which provides for incentive payments and charges for resources that exceed or do not meet specified goals for system, local, and flexible resource adequacy capacity. They are: Ability to ensure load-serving entities show and offer to CAISO sufficient resources with the right capabilities under a 24/7 must-offer obligation. The mechanism includes a process under which the CAISO grants or denies MOO waiver requests. stream 0000001850 00000 n The CAISO should thus design its markets in anticipation of not . endobj 0000005555 00000 n xO@rlw&D@]BD%C$H x]?RJYkvJ*jYuSlJ$ WgR. I. The ISO and stakeholders should strongly consider merging the DAME See Table 2 in the Flexible Resource Adequacy Criteria and Must-Offer Obligation revised Draft Final proposal. 16 0 obj Relevant Obligation means an obligation under this contract in respect of which a Force Majeure Event has occurred and the Affected Party has claimed relief under this Clause 17. ISO to gain important insights into how well-suited the flexible capacity resources shown would meet future ISO reliability needs, and what signals were being sent to the market . Must Offer Obligations Definition | Law Insider 2023 Demand Response Auction Mechanism (DRAM) (DRAM) - Pacific Gas and endobj <> Seller shall, and shall cause each of the PDRs in the DRAM Resource and corresponding DRPs and SCs to, comply with all applicable CAISO Tariff provisions, CPUC Decisions and all other Applicable Laws, including the Bidding of the DRAM Resource into the applicable CAISO Markets in compliance with the Must-Offer Obligation during the Availability Assessment Hours as required by the CAISO Tariff. FERC Allows CAISO to Expand use of RMR Contracts, Drawing Partial endobj apply a must-offer obligation (MOO) in the day-ahead market - FERC required CAISO's must-offer obligation to end by 1/1/2008 or earlier if CPUC's RAR rules are fully implemented ROn June 10, Peevey issued an Assigned Commissioner Ruling responding to CAISO's desire to have utilities address local area reliability concerns in their . <>/ExtGState<>/XObject<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> The CAISO's proposal to have the Local Regulatory Authority (LRA) elect to require the real-time must offer obligation, however, creates challenges around enforceability. <> 4 0 obj BPM CM - View PRR Details Net load pattern changes significantly starting CAISO Advises CPUC on Critical Aspects of Resource-Adequacy Program FERC Accepts Modifications to CAISO's RAAIM Charges and Payment 11 0 obj information for CAISO processes o For example, solar resources and Battery 2 resource are not shown in the peak hour o CAISO must have visibility into all resources used to meet the reliability of the CPUC portfolio in . 8 0 obj The Must-Offer Obligation is designed to ensure that the ISO will be able to call upon available resources in the real-time market to the extent energy is needed. 87 0 obj <>stream In an Order issued November 20, 2007, the Federal Energy Regulatory Commission ("FERC") reversed its previous position regarding the classification of the constraint on the South of Lugo Transformer Path ("South of Lugo") for purposes of allocating costs under the California Independent System Operator's ("CAISO") "must-offer" requirement for electric generators serving . CalCCA supports this modification, as California load serving entities (LSEs) purchase RA to be available to serve California load through real-time. <<5991AA5C40ADE24EAC6DC47677BBD383>]>> CalCCA appreciates the CAISO reconsidering its proposal to remove the resource adequacy real-time must offer obligation. <> As a result, the CAISO must view the real-time must-offer as a key and permanent component of a functional market design. . Flexible Resource Adequacy Criteria and Must-Offer Obligation Second Revised Straw Proposal (Proposal), page 12. Vistra believes the CAISO should ensure its must-offer obligation and bid insertion rules result in a sufficiently firm fleet regardless of the type of resource. PDF Flexible Resource Adequacy Criteria and Must Offer Obligation - caiso.com endstream endobj 75 0 obj <> endobj 76 0 obj <> endobj 77 0 obj <>/ProcSet[/PDF/Text]/ExtGState<>>> endobj 78 0 obj <> endobj 79 0 obj <> endobj 80 0 obj <> endobj 81 0 obj <> endobj 82 0 obj <> endobj 83 0 obj <>stream FERC Accepts Almost All of the CAISO's Proposed Flexible Resource 0000002882 00000 n ",#(7),01444'9=82. PDF Business Practice Manual for Reliability Requirements - CAISO hXv+$s$Her;U9nXEDA(R`# p,wWjhxx}>hgjZg0z!=<8\yl~^9>sW1z,y:5poa9<2]MLU]l}xys4i8ojK(27?MY)DaN!$+=Li'v+Jd\D. <> 1 0 obj 7 bGI(RLn,Ea!yfk6M2 sGEIt$JF/}s$Cl.>6Ot5aYr I[QN5A ZsSU#>5l=OJ"GMf&=3Nr(8#0qi%LC:$hifl #HDN 44`P }[ Y0sc79?L9"L0+Sf /71 Must-Offer Obligation MSC Meeting January 17, 2013 Karl Meeusen, Ph.D. Market Design and Regulatory Policy Lead . %PDF-1.5 capacity without IFM energy schedules which have real-time must offer obligations is sufficient to meet the CAISO BA reliability needs.4 It is extremely unlikely that this extra cost would be outweighed by the purported flexibility benefit of imports that otherwise would be hourly block converting to being 15 minute dispatchable. 6 0 obj Executive Summary Flexible Resource Adequacy Criteria and Must-Offer Obligation - Phase 2 (FRACMOO2) focuses on a variety of enhancements to the flexible resource adequacy capacity product. endobj <> <>>> endobj I!~wfEQ.f,SI7/!d(/ViWy^f9t= 2`N7q ^zL,aa^=>?@aprbc-r.=dT-d c203%==P#/EQ0pZt{\N1DhhQ' aH6Q2*[^4J0?egh~n#ufpAc[ltwlW,t)2JW0|[.gM|x'Kr%2d BRYq1 `Z3thPU`3`\m+nI endobj endobj . 0000002556 00000 n To align with the CAISO s Day-Ahead Market Enhancements initiative, RA resources will have a 24 by 7 must offer obligation into the day-ahead market unless explicitly provided an exemption to this requirement through the proposed policy modifications herein. 0 PDF Consideration of the Flexible Capacity Requirement in the 24-hour Slice PDF Aggregated DER participation in ISO/RTO markets enabled by - Energy The DR resources are required to bid into the CAISO energy market under the CAISO must-offer obligation for DR. PG&E's expected schedule for the 2022 DRAM RFO 2022 DRAM RFO Protocols and Documents 2022 DRAM Protocol (PDF, 692 KB) Attachment A Offer Form (XLSB, 260 KB) Attachment B Corporate Structure and Financials (DOCX, 27 KB) Must-Offer Obligation or " MOO " means Seller 's obligation to Bid or cause Seller's SC to Bid the DRAM Resource into the CAISO Day -Ahead Market in accordance with the CAISO Tariff. endobj <> trailer 2022 Demand Response Auction Mechanism (DRAM) (DRAM) - Pacific Gas and endobj Bids for DAM AS in support of Ancillary Services (AS) with Must Offer Obligation (MOO) will be enforced by the SIBR Rules in the DAM. <> This section is based on CAISO Tariff Section 8.6, Obligations for and Self-Provision of Ancillary Services, and CAISO Tariff Section 30.5.2.6 . 74 14 PDF Flexible Resource Adequacy Criteria and Must-Offer Obligation - CAISO 0000005327 00000 n 2 0 obj 74 0 obj <> endobj Multiple Holder Obligation means an Obligation that (i) at the time of the event which constitutes a Restructuring, is held by more than three holders that are not Affiliates of each other and (ii) with respect to which a percentage of holders (determined pursuant to the terms of the Obligation as in effect on the date of such event) at least equal to sixty-six-and-two-thirds is required to consent to the event which constitutes a Restructuring, provided that any Obligation that is a Bond shall be deemed to satisfy the requirement in clause (ii) of this definition. In a separate initiative, the Flexible RA Capacity Must-Offer Obligation (FRACMOO) Phase 2 Initiative, the CAISO is working with stakeholders to develop a new flexible capacity framework focused on a suite of new products that ensures that flexible capacity resources are made available to the CAISO to meet operational needs. Under section 4.1 the CAISO states that must offer obligations for different resource types. 9 0 obj PDF Resource Adequacy and Capacity Markets in California Resource Adequacy - What Is It and Why Should You Care? The CAISO will utilize the certified AS capability of those RA . 44 1169 8/9/2019 Must Offer Obligation (MOO) for Conditionally Available Resources (CAR) and other resources under Tariff section 40.6.4.1 43 1154/1155 8/5/2019 RAAIM Exemption Updates due to Tariff amendment, reference to Tariff 43A, and Availability Assessment Hours for 2020 42 1140 5/13/2019 Commitment Cost Enhancement phase 3 (CCE3) Additionally, each LSE has a three-year forward local obligation and must meet 100% of its local requirement for the years one and two and 50% of for year three. xVmoFl^R)!U?BPs^TE<3zaw]Lp!TJD,R`m~vMdX)te=nn.cGb@v]1@#I7D(DJ0w(Y$JEe!X@,,>[x~NO0/.dq@&N@kBB 2\!=%0_j{8.Wa!{.pEr#^YbRp-+a AgJ=;->dF[#|#tF>+m1K\2P'&&V!7)OY9bMt./A+''CyxEv,Dp)t1+0v#Dpt^'MI a:']R7jv#CR\\ =*&kMdscj%_WK/\.tM~7rN7qG>:FskK 6o&DY$yMKUJ O;CRC-\_zZ5e64F(f&h'?eZ6K((B{A,5W`Kp8x]Pbs 7DC>tR:7/,p7/]W.+i1:)qr 4rJUI[8J-O8 believes the CAISO should develop an after the market mechanism which allows for allocation of any IR revenues received through a Day Ahead market award. 4 0 obj PDF Opinion on Flexible Resource Adequacy Criteria and Must-Offer - CAISO 0000000016 00000 n <> The actual dispatch of resources to meet load in real time is performed on an economic basis, with the lowest (variable) cost resources committed first. In turn, CAISO's tariff also imposes must-offer obligations on the resource adequacy resources themselves. Having a must offer obligation and using outage cards for Hydro resources does not make sense. 5 0 obj )EuLI9ZWeUl 13GH2'. 0000001056 00000 n 1 0 obj %PDF-1.5 Units subject to the Must-Offer Obligation are required to bid all unloaded capacity into the CAISO Real Time Market. PDF CAISO Processes and CPUC RA Reform endobj Sample 1 Sample 2 Sample 3 Based on 4 documents Must-Offer Obligation has the meaning ascribed to it in Section 3.1 (a). endstream endobj capacity without IFM energy schedules which have real-time must offer obligations is sufficient to meet the CAISO BA reliability needs.4 It is extremely unlikely that this extra cost would be outweighed by the purported flexibility benefit of imports that otherwise would be hourly block converting to being 15 minute dispatchable. In turn, CAISO's tariff also imposes must-offer obligations on the resource adequacy resources themselves. The proposed Real-Time Market Ramp Deviation Settlement should be simplified with a real-time Must Offer Obligation and a No Pay process. 0000001293 00000 n (a) All RMR Units are subject to all applicable CAISO Tariff provisions based on resource type and all applicable Resource Adequacy tariff provisions, including the must-offer o. ISO PUBLIC - 2014 CAISO Flexible Resource Adequacy Criteria and Must Offer Obligation (FRAC MOO) Implementation Fall Release 2014 The information contained in these materials is provided for general information only and does not constitute legal or regulatory advice. 0000002805 00000 n <> These categories are derived from a needs-based approach that considers the flexibility required to reliably operate the system. Southern California Edison (SCE) comments on Day Ahead Market % California ISO - All comments 15 0 obj %%EOF 14 0 obj The CAISO proposes to define the must offer obligation of flexible capacity resources in terms of three distinct technology-agnostic categories. xb```f``AX"2MMY1ZyL;3V1%0Lb`p\rVIUKC'pEcf]imF.S'95` e&CwK 6% W}{p*BF M;:8^0 rL*,.. =@06a NA `e`3x0q1NaxpAC920kc8.aM Axifb[ d`| r0 T 4.3. 4 0 obj FERC Accepts Modifications To CAISO's RAAIM Charges And - Mondaq For example, it appears that the CAISO expects outage cards to be submitted for CAR resources to reflect their as-available must-offer obligation, which tells the CAISO nothing about the potential for that resource to provide more capacity under an . We support the need for clarifying the existing must-offer rules but encourage the CAISO to enforce these rules through existing tariff mechanisms if they are not currently being met. [ 12 0 R] <> To simplify the RA must offer obligations, the CAISO proposes a standardmust offer obligation in the day-ahead market as well as the real-time market through the DAME transitionary period, which would apply to all resources unless specified by CAISO under a tariff exemption by resource type. PDF Resource Adequacy Enhancements Phase 2 Redlined Straw Proposal - caiso.com The DR resources are required to bid into the CAISO energy market under the CAISO must-offer obligation for DR. PG&E's expected schedule for the 2023 DRAM RFO 2023 DRAM RFO Protocols and Documents 2023 DRAM Protocol (PDF, 578 KB) Attachment A Offer Form (XLSB, 258 KB) Attachment B Corporate Structure and Financials (DOCX, 30 KB) California ISO Straw Proposal CAISO/M&IP/K.Meeusen 3 December 11, 2015 1. 13 0 obj ISO/M&IP 7 November 20, 2017 . stream <>/Font<>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Finally, each LSE must demonstrate that it meets 90% of . 7 0 obj x+*@02MD)$r{&)+@4 |^ Must Offer Obligations means Seller 's obligation to Bid or cause Seller's SC to Bid the Project into the CAISO Markets due to delivery of the Product to Buyer and in accordance with the CAISO Tariff. xT]o0}pj;J+U2j)@~C>{}n:] 77pG B#4# W0# endstream FERC OKs CAISO changes to RMR, capacity procurement rules 3 0 obj <> "must offer obligation" endobj <> endobj California ISO Revised Straw Proposal . <> FERC accepted CAISO's proposal to impose "must offer" obligations on RMR resources and require RAAIM participation, noting that such requirements would ensure CAISO's ability to meet reliability needs whenever they arise and that such benefits would outweigh any potential price impacts. 0000005173 00000 n <>>>/BBox[ 0 0 375.98 94.997] /Matrix[ 0.1915 0 0 0.75792 0 0] /Filter/FlateDecode/Length 56>> 10 0 obj <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 720 540] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 0000002289 00000 n <> endobj CDxU#u )A)m ;NjG,$t>n"kGB[nzOi)N./0iIH07GXY;MZ0(r{d$Iu\|s%-62-Q stream SDG&E has a single Sub-LAP (as opposed to the other California IOUs that have multiple Sub-LAPs) so, in effect, any SDG&E customer, whether receiving commodity service from SDG&E or an Energy Service Provider, is eligible.The current Commission requirements for flexible RA capacity requires a resource, including a DR resource, to bid into the CAISO energy market under the CAISO Must-Offer Obligation (MOO), as defined in the CAISO Tariff. California ISO - All comments <>>> <>>> Most comprehensive library of legal defined terms on your mobile device, All contents of the lawinsider.com excluding publicly sourced documents are Copyright 2013-. Must-Offer Obligation. <> PDF Attachment B Preliminary Portfolio Assessment - California endobj >C g>]i\b]: ^*#HQ.iuQvsRyv_`dppCB;Vd;^PtqMP#H_1GrnNAcVtCD#z:\ZvT`T :~.t6 JFIF C It is SCE's view that as RA/Capacity obligations mature in the West, those resources will eventually also be subject to a real-time must-offer requirement. RA Real-Time Must-Offer Obligation The CAISO has modified the proposed resource adequacy real-time bidding obligations to retain the resource adequacy real-time must-offer obligation. <> Resource Adequacy Homepage - California Public Utilities Commission Annual CAISO study that currently looks at the largest three-hour ramp for each month needed to run the system reliability . endobj startxref 1 0 obj endobj PDF I. The ISO and stakeholders should strongly consider merging the DAME The CAISO also proposes that RA resources are subject to bid insertion, unless exempted. Must Offer Obligations. endobj Currently, as proposed in the Flexible RA Criteria and Must-Offer Obligation (FRAC MOO), there are three flexible categories. stream cgFQu9~{+ <> 6 0 obj Ts|/>r(' z:=^bw`>rSc'[\:S6U{bld4&S(v7-K(L+{qDM: CAISO Public CAISO compliance under CPUC RA Reform . % In 2006, California established an RA program with Must-Offer Obligations for certain RA resources, but all non-RA resources also continued to be subject to the FERC Must-Offer Obligation until the ISOs new markets were implemented. PG&E appreciates the AISO's continued efforts to improve the DAME Ability to ensure a reliable resource-adequacy fleet (e.g., a fleet that can meet a 0.1 loss-of-load expectation or planning reserve margin based on a reliability-based assessment). 5 0 obj 3 0 obj The FRAC-MOO requirements will be effective, subject to a compliance filing by the CAISO (due within 30 days of the date of the order), effective November 1, 2014, to allow load serving entities. Must offer obligations Must offer obligations are based on shown RA. %PDF-1.4 % Since 2015, CAISO has administered a bid-based settlement mechanism for resource adequacy resources to meet their must-offer obligations or otherwise substitute for unavailable resources ( see October 12, 2015 edition of the WER ). Six Years in One Hand, a Half Dozen in the Other: The D.C. Circuit % Must-Offer Obligation Sample Clauses | Law Insider 0000000975 00000 n stream xref 12 0 obj Since 2015, CAISO has administered a bid-based settlement mechanism for resource adequacy resources to meet their must-offer obligations or otherwise substitute for unavailable resources ( see October 12, 2015 edition of the WER ). The Must-Offer Obligation (MOO) The MOO is a FERC-approved, CAISO-administered mechanism under which certain generation units not otherwise scheduled are obligated to operate and bid into the CAISO's real time market. endobj 0000001186 00000 n 2 0 obj The Other: the D.C design its markets in anticipation of not section 4.1 the has! Obligations on the resource adequacy Criteria and must-offer obligation offer obligation and using cards... With a real-time must offer obligation and a No Pay process has modified the proposed market! 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