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Market Notice
March 29, 2019

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Information Technology

Market Operations

Market Rules and Design

Settlements

System Operations

Commitment Costs and Default Energy Bid Enhancements: BRS Updated

MESSAGE

The California ISO has published an updated Business Requirements Specification (BRS) for the Commitment Costs and Default Energy Bid Enhancements (CCDEBE) project for the following:

  • Added:
    • BRQ228: Specify that Default Energy Bids (DEB) and Default Commitment Bids (DCB) shall be received at an hourly granularity.
    • BRQ229: Specify reasonableness threshold costs shall be received at a hourly granularity.
    • Added market simulation requirements (BRQ232-245)
    • Added Phase 1/Phase 2 designation to all requirements to indicate phased deployment
    • Creation of new Business Requirements (BRQ)s due to Phase 1 and Phase 2 splitting: Added BRQ247. BRQ001 removed reference of negotiated reference level for DEB and spelled this out in BRQ247 (phase 2 item).
  • Clarifications:
    • BRQ013: Replaced the word “energy” with “default” per legal review.
    • BRQ041: Replaced “circuit breaker” with “bid cap” per legal review.
    • BRQ049: Removed reference to Energy Imbalance Market (EIM).
    • BRQ021, BRQ022, BRQ027, BRQ029, BRQ032: Removal of limitation that manual consult reference levels could not be further adjusted by the automated ex-ante process. Removal of rejection of ex-ante requests which are less than the originally calculated reference levels.
    • BRQ018: Reworded for clarity purposes.
    • BRQ208: Clarified sentence for readability by adding the word “initially”.

 

The BRS is available on the ISO website at http://www.caiso.com/Documents/BusinessRequirementsSpecification-CommitmentCostAndDefaultEnergyBidEnhancements2018.pdf.

 

For more information on the EIM Enhancements 2019 implementation, please visit the Release Planning webpage on the ISO website at http://www.caiso.com/informed/Pages/ReleasePlanning/Default.aspx.


CONTACT INFORMATION

Trang Deluca at tpdeluca@caiso.com

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