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Summer 2002 Patton Reforms. Jim Milligan NEPOOL Markets Committee July 23, 2002 jmilligan@iso-ne.com. Overview. Discussion to focus on Patton Reforms and Reserve Criteria ISO had begun operational review Additional request from Participant to focus on reserves and specific days
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Summer 2002Patton Reforms Jim Milligan NEPOOL Markets Committee July 23, 2002 jmilligan@iso-ne.com
Overview • Discussion to focus on Patton Reforms and Reserve Criteria • ISO had begun operational review • Additional request from Participant to focus on reserves and specific days • Review of June 26, 27 and July 1, 2, 3, 9 • Review patterned after Patton Report of 2001
Overview • Information Presented • Summary of Peaker/External Transactions Setting RTMP • Summary data for 3 SPD executions for each of 6 days analyzed • Details of one specific SPD execution for each day • Prices, requirements • Generation dispatch including resources above RTMP • Graph of surplus 10 minute spinning and surplus operating reserve for each day (label states 10 minute reserves- error) • Supply curve for hour in which SPD execution summarized
Overview • Installed Capacity Differences (2001 vs. 2002) • 6/26 25,366 26,971 • 6/27 25,366 26,971 • 7/1 25,327 26,960 • 7/2 25,327 26,607 • 7/3 25,321 26,607 • 7/9 25,321 26,607
Overview • NOTE: The data collected for this summary is from a variety of sources and there may be inconsistencies in the comparisons of instantaneous data vs. hourly data • NOTE: Detailed SPD execution analysis may not include all generation in all categories (i.e., DDP=LOL)
6/26/02 Analysis 6/26 Hour Ending 16 Analysis ECP $125.63 TMSR $54.08 TMNSR $54.08 TMOR $54.06 Demand 22,405 Net Intchg -1833 12/12 RTMP Set by Peaker/ET
6/26/02 (cont.) 6/26 SPD Execution 15:29 RTMP $144.63 Set by Peaker TMSR $86.95 340/340 TMNSR $86.95 723/723 TMOR $86.74 1160/633 Demand 22,403 Net Intchg -1,833 Sum DDPs 20,571
6/26/02 (cont.) Generation 20424 Self-Scheduled 12049 Gen Above RTMP 711 Non-dispatchable 50 DDP=LOL 661 Self-Scheduled 635 Flag Transmission 26
6/27/02 Analysis 6/27 Hour Ending 17 Analysis ECP $86.93 TMSR $19.28 TMNSR $19.23 TMOR $19.23 Demand 23,041 Net Intchg -1279 10/12 RTMP Set by Peaker/ET
6/27/02 (cont.) 6/27 SPD Execution 16:24 RTMP $109.01 Set by Peaker TMSR $42.79 378/378 TMNSR $42.79 634/634 TMOR $42.79 1162/676 Demand 23,138 Net Intchg -1,279 Sum DDPs 21,860
6/27/02 (cont.) Generation 21679 Self-Scheduled 13714 Gen Above RTMP 1617 Self-scheduled 868 DDP=LOL 744 Self-Scheduled 253 Flag Transmission 400
7/1/02 Analysis 7/1 Hour Ending 17 Analysis ECP $48.29 TMSR $6.44 TMNSR $5.28 TMOR $5.28 Demand 22,121 Net Intchg -2783 12/12 RTMP Set by Peaker/ET
7/1/02 (cont.) 7/1 SPD Execution 16:49 RTMP $48.29 Set by peaker TMSR $5.33 830/830 TMNSR $5.33 882/882 TMOR $5.33 1162/1162 Demand 22,044 Net Intchg -2,783 Sum DDPs 19,262
7/1/02 (cont.) Generation 19262 Self-Scheduled 13099 Gen Above RTMP 2312 Self-Scheduled 703 Ramping 309 DDP=LOL 1299 Self-Scheduled 446 Flag Transmission 852
7/2/02 Analysis 7/2 Hour Ending 15 Analysis ECP $62.49 TMSR $10.36 TMNSR $10.36 TMOR $10.36 Demand 24,011 Net Intchg -2262 0/12 RTMP Set by Peaker/ET
7/2/02 (cont.) 7/2 SPD Execution 14:09 RTMP $62.49 Set by marginal unit TMSR $10.36 658/658 TMNSR $10.36 748/748 TMOR $10.36 1161/1161 Demand 23,979 Net Intchg -2,262 Sum DDPs 21,718
7/2/02 (cont.) Generation 21510 Self-Scheduled 13539 Gen Above RTMP 1407 Self-Scheduled 694 non-dispatchable 275 DDP=LOL 430 Self-Scheduled 233 Flag Transmission 193
7/3/02 Analysis 7/3 Hour Ending 13 Analysis ECP $141.76 TMSR $45.02 TMNSR $45.02 TMOR $45.02 Demand 24,734 Net Intchg -2267 1/12 RTMP Set by Peaker/ET
7/3/02 (cont.) 7/3 SPD Execution 12:39 RTMP $150.82 Set by marginal unit TMSR $54.08 700/700 TMNSR $54.08 748/748 TMOR $54.08 1164/649 Demand 24,733 Net Intchg -2,267 Sum DDPs 22,467
7/3/02 (cont.) Generation 22369 Self-Scheduled 13403 Gen Above RTMP 1074 Self-Scheduled 817 Non-dispatchable 55 DDP=LOL 201 Self-Scheduled 130 Flag Transmission 58
7/9/02 Analysis 7/9 Hour Ending 14 Analysis ECP $43.08 TMSR $3.50 TMNSR $3.50 TMOR $3.45 Demand 22,602 Net Intchg -2229 6/12 RTMP Set by Peaker/ET
7/9/02 (cont.) 7/9 SPD Execution 13:19 RTMP $45.82 Set by peaker TMSR $7.52 701/701 TMNSR $7.52 800/800 TMOR $7.52 1163/1163 Demand 22,581 Net Intchg -2,229 Sum DDPs 20,353
7/9/02 (cont.) Generation 20320 Self-Scheduled 12551 Gen Above RTMP 2702 Self-Scheduled 31 non-dispatchable 143 DDP=LOL 2522 Self-Scheduled 1188 Flag Transmission 1291