Structured / Unstructured Market Trials

1. Structured / Unstructured Market Trials Bi-Weekly Update – Friday Meeting June 28, 2013

2. Agenda • Structured Market Trials Daily Calendar: July 1 – July 7 • Scenarios Scheduled: • No Scenarios Scheduled • Unstructured Test Days: Tues July 2 & Weds July 3 • July 8-14 Look-Ahead: 13.0 – Demand Response • Release Scorecard • Migration Report • Known Issues Log • Unstructured Testing • Extended Connectivity Testing Update – Brett Crane

3. Outstanding Questions • None Ginny Watson

4. Review of Events: June 24 – June 28 • Monday June 24, 3-6P CPT: Markets Release installed successfully • Installing the release turned on the creation of test data that overwrote MP submitted data for the next 7 days • Tuesday June 25: Data Reset for Day-Ahead and Real-Time • MPs required to re-submit bids and resource offers • Wednesday June 26 • SPP worked with MPs that requested assistance to copy data forward Gary Cate

5. Calendar Reminders • July 1 – July 7 • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder • Official Operating Days – Tuesday July 2 & Wednesday July 3 • SPP will support questions concerning studies run during that day • Activity specified by SMT Daily Calendar • Base Case Scenarios, Unstructured testing based on MP offers • Friday Maintenance • Member-impacting maintenance will happen on Friday afternoons • 24-hour notice if member impacts are expected • Saturday - Reserved for MP Testing • SPP will not override offer data • Studies will be run, system permitting Ginny Watson

6. Unstructured Testing Tips Types of Items MPs Should Test: • DA Market • Self commit during an operating day • Self commit resources in the DA Market based on the MPs EIS resource plan (especially when settlements is available to see the interaction between DA Market and Real Time) • Vary startup & no load costs on a resource to see the impact on clearing • Vary resource prices to see impact on clearing • Vary offer curve prices and slope to see impact on clearing • Submit price sensitive demand bids commensurate with unit offer prices and overall P&L • Submit virtual bids/offers at different pnodes, utilizing tiered offers • Vary different commitment parameters and analyze results • Max Daily Energy, Max Daily Starts, etc. • Change Offers for Reserve Products • Price • Status Alan Adams

7. Unstructured Testing Tips Types of Items MPs Should Test: • RUC • Vary different commitment parameters and analyze results • Max Daily Energy, Max Daily Starts, Etc • Change Commitment Status • Reliability, Market, Outage, Self • RT Market • Change resource offers for limits, ramp rates during the day to observe the effects on defects • Try various offers that include fixed and market offers • Vary reserve offers and ramp rates on different resources to see the effects on clearing • Observe behavior of units when submitting different unit status’ between the markets (ex: DA Market = Self, RT Market = Market) Alan Adams

8. Unstructured Testing Tips Types of Items MPs Should Test: • RTGEN • Integration with RTGEN startup and shutdown sequence – managing control mode • 1. Control mode of 0 when offline • 2. Control mode of 3 when ramping to min • 3. Control mode of 1 or 2 when on and dispatchable • 4. Reverse this when coming offline • Change control modes for resources to see the effects on dispatch • i.e. set control mode to 0 for a resource that is online, set control mode to 1 for a resource that is clearing regulation, etc.) Alan Adams

9. Unstructured Testing Tips Types of Items MPs Should Test: • Once CROW is integrated: • Try to submit offers in the DA Market for resources that are outaged • Once RTOSS is integrated: • Enter in Dispatchable/Up to TUC transactions with very low prices to verify they clear if they are in the money • Enter in Dispatchable/Up to TUC transactions with very high prices to verify they do not clear if they are out of the money • Settlements: • All kinds of changes and options • Virtual bids vs. price –sensitive demand bid, URD, trigger other charge types Unstructured Testing Tips posted on spp.org • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder Alan Adams

10. 13.0 – Demand Response • Look-Ahead July 8-14: • 13.0 – Demand Response on Thursday July 11 (Only Relevant to 1 MP) 1.1 Scenario Description • Verify functionality specific to DDRs • DDRs and BDRS achieve their response through reduction of the effective load. 1.2 Expected Results • DDR Dispatch and Contingency Reserve Clearing • DDR Regulation • Demand Response Load (DRL) • Submitted Option DDRs submit real-time production MW 2.0 MP Activities • Verify DDRs have valid offer data for all products. • Ensure required real-time measurements are defined and being submitted Submit hourly DRL forecasts when required • Verify that Dispatch Instructions are received via XML Alan Adams

11. Tips and Guidelines • SMT Tips and Guidelines posted on spp.org • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder • Information included: • Mitigated Offers • Even though we are not yet testing Mitigation functionality, SPP does still want MPs to submit mitigated offers. • Resource Parameter Submission Guidelines • Maximum Daily Energy, Maximum Run Time, Minimum Down Time, etc. • Operating Reserve Fixed Dispatch MW Submissions • MPs using the Fixed Dispatch Status for their OR Offers need to make sure the Fixed MW value they are submitting is reasonable Ginny Watson

12. Release Scorecard • Release Scorecard • Find the Release Scorecard on spp.org: • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder Ginny Watson

13. Migration Report • Migration Report • Find the Migration Report on spp.org: • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder Wendy Reynolds

14. Known Issues Log • Market Trials Known Issues Log • Find the Known Issues Log on spp.org: • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder Carrie Simpson

15. Proposed Restructure: Overview • SMT Call would be held once per week on Fridays 9-10:30A (as of 7/12) • Look-Ahead: in-depth review of upcoming scenarios • Discussion of Known Issues and Releases • Results: presentation of Analysis one week in arrears • Only statistics relevant to the Analysis would be presented • Statistics for Operating Days posted daily, by EOD the day following the OD • Ex: Statistics for July 2 OD will be posted by EOD July 3 • Analysis of ODs posted by EOD on the following Tuesday • Ex: Analysis of July 2 & July 3 ODs will be posted by EOD Tues, July 9 • Reasons for Restructure: • Gives SPP more time to provide quality Analysis • Gives MPs more time to review Data & Analysis prior to discussion • Opportunity to improve quality of MP questions during weekly calls • Creates a more efficient & convenient meeting schedule (one call per week) Ginny Watson

16. Proposed Restructure: July Schedule • Monday, July 1: SMT Results Call (no change) • Friday, July 5: No SMT Call (holiday) • Monday, July 8: TCR Call • Friday, July 12 (9-10:30A): New SMT Results & Look-Ahead Call • Statistics posted daily as of July 3 • Statistics for July 2 OD posted by EOD July 3 • Statistics for July 3 OD posted by EOD July 5 (holiday) • Analysis posted by EOD Tuesday, July 9 Ginny Watson

17. SPP Hotline Reminder • SPP Hotline: Critical and High Issues • Phone Number: 501-482-2222 • Monday – Friday, 8:00 am – 5:00 PM • Critical Issue: one or more systems, or a function within a system, are rendered inaccessible or stop functioning all together • An example of a critical issue is: "An MP cannot update RTBM offers for the current Operating Day." • High Issue: One or more key functions within a system are non-operational, or a severe error exists in its processing, and there is no workaround • Call the hotline when “stuck” (cannot move forward without help) • Examples: data submission issue, real-time ICCP issues, etc. Ginny Watson

18. Market Trials Useful Documentation Integrated Marketplace Market Trials Project Documentation Folder Find useful documentation on spp.org: • spp.org > Integrated Marketplace > Market Trials > Structured/Unstructured Test > Integrated Marketplace Market Trials Project Documentation Folder • Market Trials Daily Calendar • SMT Tips and Guidelines • Unstructured Tips • Release Scorecard • Change Tracker • Market Trials Known Issues Log • Migration Report • Structured Market Trials Scenarios • Market Participant Guide Ginny Watson

19. Scheduled Scenarios • July 1 – July 7 • No scenarios scheduled • Unstructured Test Days: Tues July 2 & Weds July 3 • July 8 – July 14 • 13.0 – Demand Response • July 15 – July 21 • 23.1 – Spring Load Profile • 23.2 – Spring Load Profile • 25.1 – Fall Load Profile • 25.2 – Fall Load Profile Ginny Watson

20. Extended Connectivity Test Execution Week #2 MPs who Perform Extended Connectivity Testing June 10th – June 14th. • Cargill Power Markets LLC (Complete) • Noble Americas Gas & Power Corp (Complete) • Cimarron Wind Energy, LRR (Complete) • Rainbow Energy Marketing Corporation (Complete) • City of Chanute (Complete) • Shell Energy North America (US) LP (Complete) • Exelon Generation Company LLC (In Progress) • Twin Eagle Resource Management, LLC (No Checklist: Can Not Participate) • Enel Green Power North America, INC (No Checklist: Can Not Participate) • JP Morgan Ventures Energy Corp(No Checklist: Can Not Participate) • Trademark Merchant Energy, LLC (No Checklist: Can Not Participate) • Buffalo Dunes Wind Project(No Checklist: Can Not Participate) • Solomon Fork Wind Farm LLC (No Checklist: Can Not Participate)

21. Extended Connectivity Test Execution Week #3 MPs Scheduled to Perform Extended Connectivity Testing June 17th – June 21st. Results due Friday 6/21 • AEP Energy Partners (Complete) • Edison Mission Marketing & Trading (Complete) • Otter Tail Power Company (In Progress) • Carpe Diem Trading II, LLC (In Progress) • ETC Endure Energy (Not Tested) • Tennessee Valley Authority (Not Tested) • Blue Canyon V (No Checklist: Can Not Participate) • Wind Farm Bear Creek LLC (No Checklist: Can Not Participate) • Citigroup Energy INC (No Checklist: Can Not Participate) • Denver Energy, LLC (No Checklist: Can Not Participate) • Infinity Wind Holdings, LLC (No Checklist: Can Not Participate) • Transalta Energy Marketing [US] INC (No Checklist: Can Not Participate) • Conoco Phillips Company (No Checklist: Can Not Participate) • DB Energy Trading(DBET) (No Checklist: Can Not Participate) • EDP Renewable North America LLC (Formerly Horizon Wind Energy LLC (No Checklist: Can Not Participate)

22. Extended Connectivity Test Execution Week #4 MPs Scheduled to Perform Extended Connectivity Testing June 24th – June 28th. Results due Friday 6/28 • Galt Power INC (In Progress) • MET Southwest Trading LLC (In Progress) • Dempsey Ridge Wind Farm, LLC (Not Tested) • Macquire Energy LLC (Not Tested) • Midwest Energy Trading East LLC (MET1) (No Checklist: Can Not Participate) • Monterey SW, LLC (No Checklist: Can Not Participate) • Monterey SWF, LLC (No Checklist: Can Not Participate) • Saracen Energy West (No Checklist: Can Not Participate) • Union Electric Company DBA Ameren Missouri (No Checklist: Can Not Participate) • Utilities Plus (No Checklist: Can Not Participate) • Wind Farm 66 LLC(No Checklist: Can Not Participate) • XO Energy SW, LP (No Checklist: Can Not Participate) • XO Energy SW2, LP(No Checklist: Can Not Participate)