Back to Previous Page

Approval for the Extension of GMC Settlement into 2007 - Appendix D

pdf 92K

Summary:

Appendix D, Participating Intermittent Resource Program, A Short Retrospective and Discussion of Participants’ Request for Netting of Deviations over the Month, Dated May 31, 2006 - given to the ISO Finance Committee of the Board of Governors on June 13, 2006

Extract:

OVERVIEW AND BACKGROUND A. Introduction This paper presents a review and analysis of the request made by enXco, an operator of wind power plants in the Participating Intermittent Resource Program (PIRP or Program), and the California Wind Energy Association (CalWEA), a trade association, whose members include participants in the PIRP (collectively referred to as Proponents), for changes to the GMC rate structure/billing determinant in the context of the GMC Options for 2007 Process. To date there is general stakeholder support for an extension of the 2004 GMC settlement terms and conditions into 2007 until the earlier of MRTU implementation or December 31, 2007. This stakeholder support is premised on, inter alia, a continuation of the current GMC formula rate and rate design adopted in the 2004 settlement agreement. An accommodation of the Proponents’ request would require the alteration of the GMC rate structure and some GMC participants might withdraw support for the continuation of the 2004 settlement terms. For these reasons, and all of the considerations set forth below, it is recommended that the ISO not grant the Proponents’ request for GMC modifications without the support of the other GMC participants.

Document Locations:

• Finance Committee Meeting 13-Jun-2006