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WMS Report TO TAC. January 2008. Wholesale Market Subcommittee (WMS): 2007 Goals. Identify cost-effective strategies to minimize involuntary loss of load probability (EILS and successor issues).
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WMS Report TO TAC January 2008
Wholesale Market Subcommittee (WMS): 2007 Goals • Identify cost-effective strategies to minimize involuntary loss of load probability (EILS and successor issues). • Complete review of revised ERCOT reserve margin calculation methodology and make appropriate recommendation to TAC. • Resolve the issue of Renewable Production Potential (RPP) & Uninstructed Resource Charge (URC). • Examine settlement of Ancillary Services for multiple markets. • Examine Implementation of CREZ & Resource Adequacy/Market Power Rules. • Evaluate the capacity value of distributed generation. • Determine the verifiable and minimum-energy costs for the Nodal Market.
Additional accomplishments for 2007 • Resolved issues associated with Non-Spin Deployment in Nodal • Initiated the work of the RTTF – project take over by the PUC and still underway • Developed the process for determining competitive constraints in nodal • Reviewed and resolved issues associated with the McCamey area operations • Reviewed the operations of the RTCAM implementation • Prolonged discussions of the Price Formation issues associated with the over lap between reliability VS Market operations • Developed process for LaaR interruptions during EECP for nodal • Shepherded the development of zones and CSCs for 2008 in a decision that was wisely overturned by TAC in favor of the number 2 choice of WMS