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Load Resources in SCED (LRIS) Subgroup Update

Load Resources in SCED (LRIS) Subgroup Update. 3.4.14. LRIS Subgroup - Background. NPRR 555 passed in 2013, will be implemented June 1, 2014 Stakeholder recognition that a more comprehensive form of LRIS is needed but will take more time

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Load Resources in SCED (LRIS) Subgroup Update

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  1. Load Resources in SCED (LRIS) Subgroup Update 3.4.14

  2. LRIS Subgroup - Background • NPRR 555 passed in 2013, will be implemented June 1, 2014 • Stakeholder recognition that a more comprehensive form of LRIS is needed but will take more time • LRIS v2 Subgroup formed by DSWG to address outstanding issues related to incorporating Loads into SCED

  3. LRIS Subgroup Goals • Increase market competitiveness & efficiency • Expand the economic use of DR in the ERCOT system • Reflect prices accurately based on load price sensitivity • Allow DR to serve as a marketable hedge against high wholesale prices • Create a mechanism that will be used & functional • Current iteration is limited to retailers willing to make a long term investment in customers

  4. Outstanding Issues • Managing settlement and customer relationship issues • Incorporating block loads • Addressing temporal constraints • Allowing DR QSEs to participate as they do in Ancillary Services and ERS • Align with FAST work

  5. Focusing on Retail Market Issues ‘Volumetric flow’ LMP minus G concept endorsed by TAC 10/6/11 Animated slide deck can be accessed at http://www.ercot.com/calendar/2014/02/20140224-LOADS

  6. Next Steps • The LRIS Subgroup will focus on retail market issues during our next meeting at 9:30 on March 24, room 168 • Some retailers have been active in our ongoing discussions, we wanted the chance to update the RMS group • We encourage your participation in this process, particularly during the March 24th meeting

  7. Thanks! Colin Meehan cmeehan@comverge.com 512-537-2169

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