Presentation on theme: "Welcome to . . . SMD Installed Capacity Market with UCAP & GADS."— Presentation transcript:
1 Welcome to . . .SMDInstalled CapacityMarket with UCAP & GADS
2 Acronyms ICAP- Installed Capacity UCAP- Unforced Capacity EFORd- Equivalent Forced Outage rateGADS - Generating Availability Data SystemsNERC - North American Electric Reliability CouncilCA - Control AreaMR 1X - Market Rule 1XQF - Qualified Facility
3 Upcoming SMD Training ICAP Training: GADS Workshop: July 9th & 10th ICAP Training sessions scheduled during the weeks of 7/15 and 7/22
4 Before we begin... What this course is: High level introduction to the ICAP market in SMD and the UCAP requirement, Not a detailed training for the ICAP marketQuestionsVia during session:Via voice link during Q & A period:use “Raise hand” function
5 Purpose of Today’s On-line Training A preview of the new ICAP Market - ISO New England style….ICAP will have a product called Unforced Capacity (UCAP) that that will allow participants to partake in the Capacity and/ or Deficiency AuctionsWhat the UCAP requirements areWho, What and How is Operational Data submitted?ICAP
6 ICAP DefinitionNEPOOL establishes the Installed Capacity (ICAP) requirement to meet the reliability needs of the Control Area (CA)
7 UCAP Market Definition Unforced Capacity is the measurement used to determine if a Participant has met their contribution to it’s Installed Capacity Requirement
8 High-level flow NEPOOL sets annual ICAP Requirement ISO sets UCAP requirement once per year and updates monthlyGenerators provide Operating DataISO Determination of Amounts of Capacity MWs based on ICAP resourcesSupply AuctionDeficiency Auction
9 ISO responsibilitiesConverts NEPOOL established ICAP Requirement into UCAPEstablishes standards, requirements and qualifications for ICAP resources etc.Determines amount that can be suppliedConducts monthly Supply Auctions and Deficiency Auctions
10 Generator Responsibilities Provide GADS if ICAP ResourceDaily InfoOffer capacity credit amount into system, no bid offer price will be set to ZEROCan de-list if chooses not to participateOffer into ICAP auctionRemaining Capacity Credit can be submitted as an offer in the Deficiency auction
11 External Resource Responsibilities Provide GADS data or equivalent operational dataExternal Resources have agreed not to CURTAIL the Energy Associated with the ICAPParticipant must commit that it will submit a Supply Offer into the Day-Ahead Energy Market equal to resources ICAPreference Market Rule 1X, Section for exceptions
12 External Resource Responsibilities Participants can offer External Resources into the NEPOOL Control Area as a qualifying resource if:Dispatchable Energy backed by a UnitNon-Dispatchable Energy backed by a UnitNon-Dispatchable Energy backed by a Control AreaCapacity Credits backed by either an emergency interchange agreement or other emergency supply arrangement between Control Areas
13 On the Demand side of the quotation All Participants will receive yearly and updated monthly UCAP requirements based on contribution to previous years coincidental peakLoad - Shifting adjustments will be made monthly and based on the data submission by Host Utility Meter ReadersSubmit daily Tag value for each Load Asset
14 What is GADS and How is it used GADS is Generating Availability Data Systems that is a format style used for submitting operational dataThe NERC-GADS data follows an 82 character fixed format as defined in the NERC GADS manualsThe ISO will use the data for internal reliability studies and for calculating Unforced Capacity (UCAP) valuesGenerating Resources with nameplate capacities greater than 5 MW or plants whose total capacity exceeds 25 MW are expected to submit the operational data
15 Example of GADS formatThe following slides are examples of the format requirements needed to submit your operational dataVarious programs are available in the market place or you can visit the NERC web site for a free sample
16 Performance File Layout – CARD 1 82 Columns per RECORDNet Dep. Cap95Card CodeUnit CodeMonthBlank123456789101112131415161718192021222324252627282930313233343536373839404142434445Utility CodeYearRevision CodeNet Max. CapNet Actual GenRecord Number01Unit LoadingAct Unit Starts46474849505152535455565758596061626364656667686970717273747576777879808182Att Unit StartsBlank ColumnsNote:Do not use zero-fill or asterisk-fill unused data fields.Columns 1 – 15 link the records together as a monthly report.Columns 81 – 82 identify the component records.
17 Performance File Layout – CARD 2 82 Columns per RECORD95Card CodeUnit Service HoursPumping HoursAvailable HoursForced Outage Hrs.Unit CodeMonth12345678910111213141516171819202122232425262728293031323334353637383940414243Utility CodeYearRevision CodeReserve ShutdownSynch Cond. HoursPlanned Outage Hrs.Maint. Outage Hours.Unavailable HoursBlank Columns444546474849505152535455565758596061626364656667686970717273747576777879808182Ext. of Sched.OutagesPeriod HoursRecord Number02Note:Do not use zero-fill or asterisk-fill unused data fields.Columns 1 – 15 link the records together as a monthly report.Columns 81 – 82 identify the component records.
18 Event File Layout – CARD 01 82 Columns per RECORDEvent NumberEvent Type97Card CodeUnit CodeBlank Columns12345678910111213141516171819202122232425262728293031323334353637383940414243Utility CodeYearRevision CodeStart of EventBlank ColumnsGross Avail. CapBlank Columns444546474849505152535455565758596061626364656667686970717273747576777879808182End of EventNet Avail. CapRecord Number01Note:Do not use zero-fill or asterisk-fill unused data fields.Columns 81 – 82 identify the component records.
19 How does the auction work The monthly Auctions will give Participants the opportunity to satisfy their Unforced Capacity RequirementsThe Supply Auction will allow Participants offer to sell and bids to purchase Unforced CapacityThe Deficiency Auction will allow the ISO to attempt to procure sufficient UCAP to cover the remainder of the Participant's UCAP for the month
20 Exceptions to the rules Special Case ResourcesIntermittent Power resourcesLimited EnergyNon Dispatchable QF’s and Settlement Only Generators
21 Exceptions to the rules Will qualify for as a ICAP resource if they meet the criteriaIf it offers or Self-Schedules its Installed Capacity Equivalent into the Day-Ahead Energy Market each dayIf it is able to provide the energy equivalent of the Unforced Capacity for a duration consistent with its rating as determined in accordance with the rating process set forth in the NEPOOL ManualsSubmits operational data pertaining to the previous month submitted prior to the 20th day of each month
22 How to get started Full year of Operational Data by September 20, 2002 Then, by the 20th of each following month, the previous Month’s Operational Data will need to be received.So on and so forth……..
23 ICAP Market Example of ICAP actions for January November December Contract Submittal (Day 6-26)90 Day ResettlementNovemberDecemberJanuaryFebruaryMarchAprilMayJune20Daily1010GADSData submitted for OctoberFirst day of the month available Daily Tag to calculate Monthly Requirement for JanuaryCalculate Monthly Requirement based on January 1st Ownership and December 1st Daily TagMonthly Auction (supply bids and demand bids)Deficiency Auction(supply bids only)Receive Daily Tag ValuesBillDecember Auctions (Supply and Deficiency)Accounting forJanuary Load ShiftingBill Accounting forJanuary Load ShiftingLast day to submit changes to daily January Tag ValuesBill 90 day Resettlementfor January Load Shifting. (Daily Tags only)
24 Summary of Today’s ICAP Session NPCC Standards of the Forecasted Peak Load for the Capability Year is what is used to set the annual ICAP RequirementThe Pool UCAP Requirement is set by using:Pool ICAP Requirement X (1-Average Forced Outage Rate)Generators provide 12 months of Operating Data by September 20, 2002ISO Determination of Amounts based on ICAP resourcesCapacity AuctionDeficiency Auction
25 Summary of Today’s ICAP Session The ICAP Requirement is translated to an Unforced Capacity (UCAP) Requirement by adjusting for the forced outage rate of generating assets in the Control AreaAll Participants contribute to the NEPOOL peak, so all are allocated a UCAP Requirement based on their coincident load
26 Summary of Today’s ICAP Session During the month Participants that are short or long in their UCAP requirement are offered a couple of options to meet their obligations.ICAP Resources can sell their UCAP internally or external, or elect not to participate in the ICAP Market
27 Summary of Today’s ICAP Session Keep in mind thatAny month with zero reporting data of resources will result in zero ICAPSubmitting GADS or equivalent operational data is very important!