Sep 22, 2003Market Operations Standing Committee of the IMO1 Change Management: Market Rules Update...
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Transcript of Sep 22, 2003Market Operations Standing Committee of the IMO1 Change Management: Market Rules Update...
Sep 22, 2003 Market Operations Standing Committee of the IMO 1
Change Management: Market Rules Update
John MacKenzie, IMO
Sep 22, 2003 Market Operations Standing Committee of the IMO 2
Goals of Update
• Update stakeholders on status of market rule
development
• Identify any current requests for specific stakeholder
review and comment
• Solicit feedback on general market rule development
issues e.g. process
Sep 22, 2003 Market Operations Standing Committee of the IMO 3
New Market Rules in Baseline 10• MR-00161: Treatment of Co-generation Facilities
(effective 10 Sep 03)
• MR-00223: Transmission Rights - Participation
Requirements and Long-Term Sub-Auctions
(effective 12 Jul 03)
• MR-00230: Generator and Intertie Information Disclosure
• MR-00234: Revised Operating Reserve Restoration Standards (effective 26 Jul 03)
Sep 22, 2003 Market Operations Standing Committee of the IMO 4
New Market Rules in Baseline 10• MR-00235: Market Pricing Issues Initiatives - Spare
Generation On-Line and Introducing Control Action Operating Reserve into the Market (effective 6 Aug 03)
• MR-00237: Removing Functional Deferral to Adjust Dispatch Instructions to Defined Metering Point (effective 26 Jul 03)
• MR-00238: Compensation during Administrative
Pricing Event (urgent - effective 30 Jun 03)
Sep 22, 2003 Market Operations Standing Committee of the IMO 5
New Market Rules in Baseline 10
• MR-00239: Eliminate CMSC Payments Associated
with Negative Priced Offers (Urgent - effective 26 Jun
03)
• MR-00243: Limiting CMSC Payments to Constrained-
off Exports on Uncontested Export Interties
(Urgent - effective 9 Aug 03)
Sep 22, 2003 Market Operations Standing Committee of the IMO 6
Approved by IMO Board
• September:
MR-00232-R00: Allow Unrestricted Revisions to
Dispatch Data up to 2 Hours Ahead of Dispatch Hour
(effective 27 Sep 03)
Sep 22, 2003 Market Operations Standing Committee of the IMO 7
Under Development• *MR-00242: Management of TR Clearing Account• MR-00241: Treatment of Enhanced Combined Cycle
Generation Facilities• MR-00240: Segregated Mode of Operation Dispatch
Data and Request Timing• *MR-00225: Clarify Transmitter’s Role in
Coordinating Outage Activities• *MR-00224: Replace Settlement Reserve Account
* submitted for Technical Panel recommendation to IMO Board
Sep 22, 2003 Market Operations Standing Committee of the IMO 8
Under Development - cont’d• MR-00212: Financial Impact of Market Rules vs OEB
Codes/Guidelines on LDCs • MR-00195: Changes to Congestion Management
Settlement Credit regime• MR-00121: Treatment of Combined-Cycle
Generation Facilities and Related Aggregation
Sep 22, 2003 Market Operations Standing Committee of the IMO 9
Upcoming Rules Issues• Review of Administrative Pricing Rules and
Procedures
Sep 22, 2003 Market Operations Standing Committee of the IMO 10
Feedback• Any issues or questions regarding general rule
amendment issues?