Section 6 Ancillary Services

IFM Procurement and Prices

Table 6.1 hows the monthly IFM average ancillary service procurements and Table 6.2 the monthly average prices. In November the monthly average procurement decreased for regulation down, spinning and non-spinning reserves.

Table 6.1: IFM Monthly Average Ancillary Service Procurement
Month Nov-2020 Oct-2020 Percent Change
Regulation_Up 440 412 6.80%
Regulation_Down 590 589 0.17%
Spin 795 774 2.71%
Non-Spin 795 767 3.65%
Table 6.2: IFM Monthly Average Ancillary Service Price
Month Nov-2020 Oct-2020 Percent Change
Non-Spin $0.61 $5.17 -88%
Regulation_Down $12.10 $10.68 13%
Regulation_Up $10.39 $12.42 -16%
Spin $5.25 $8.60 -39%

Figure 6.1 shows the daily IFM average ancillary service prices. The average prices were generally quiet this month.

Figure 6.1: IFM (Day-Ahead) Ancillary Service Average Price

IFM (Day-Ahead) Ancillary Service Average Price

Scarcity Events

The ancillary services scarcity pricing mechanism is triggered when the ISO is not able to procure the target quantity of one or more ancillary services in the IFM and real-time market runs. The scarcity events in November are shown in the Table 6.3 below, which are all in the real-time market.

Table 6.3: Ancillary Service Scarcity Events
Date Hour Ending Interval Ancillary Service Region Shortfall Percentage of requirement
Nov-01 4 3 Regulation Down SP26_EXP 2.54 1.90%
Nov-01 7 2 Regulation Down SP26_EXP 9.90 3.90%
Nov-01 12 2 Regulation Up SP26_EXP 3.12 1.70%
Nov-01 12 4 Regulation Up SP26_EXP 3.04 1.70%
Nov-01 13 4 Regulation Down CAISO_EXP 1.65 0.20%
Nov-02 3 1 Regulation Up NP26_EXP 0.07 0.10%
Nov-03 11 2, 3 Regulation Up SP26_EXP 0.24 0.20%
Nov-04 10 3 Regulation Up SP26_EXP 7.01 4.60%
Nov-04 10 4 Regulation Up SP26_EXP 0.19 0.10%
Nov-04 11 1 Regulation Up SP26_EXP 0.16 0.10%
Nov-05 11 4 Regulation Down SP26_EXP 2.27 0.90%
Nov-06 13 2 Regulation Down SP26_EXP 0.65 0.20%
Nov-06 13 3 Regulation Down SP26_EXP 0.49 0.20%
Nov-06 13 4 Regulation Down SP26_EXP 3.33 1.30%
Nov-06 14 2 Regulation Down SP26_EXP 1.45 0.50%
Nov-07 1 4 Regulation Up SP26_EXP 0.05 0.02%
Nov-07 8 2,3 Regulation Up SP26_EXP 0.90 0.55%
Nov-07 15 3 Regulation Down SP26_EXP 0.41 0.10%
Nov-08 1 2 Regulation Down SP26_EXP 1.06 0.50%
Nov-08 1 2 Regulation Up SP26_EXP 0.85 0.40%
Nov-12 16 4 Regulation Up SP26_EXP 0.48 0.30%
Nov-13 15 3 Regulation Down SP26_EXP 1.26 0.40%
Nov-17 2 2 Regulation Down SP26_EXP 0.47 0.40%
Nov-17 10 2 Regulation Up SP26_EXP 0.74 0.50%
Nov-19 14 4 Regulation Up SP26_EXP 0.22 0.10%
Nov-20 14 4 Regulation Down SP26_EXP 0.72 0.30%
Nov-20 14 4 Regulation Up SP26_EXP 5.53 2.20%
Nov-21 11 2, 3 Regulation Up SP26_EXP 0.43 0.20%
Nov-21 12 2, 3 Regulation Up SP26_EXP 0.40 0.20%
Nov-22 9 2 Regulation Down SP26_EXP 0.43 0.10%
Nov-22 9 2 Regulation Up SP26_EXP 0.95 0.50%
Nov-28 1 2 Regulation Up SP26_EXP 0.06 0.03%
Nov-28 1 3 Regulation Up SP26_EXP 0.36 0.20%
Nov-29 10 2-4 Regulation Down SP26_EXP 0.70 0.20%
Nov-29 11 2,3 Regulation Down SP26_EXP 0.51 0.20%
Nov-29 12 2,4 Regulation Down SP26_EXP 0.51 0.20%
Nov-29 13 2-4 Regulation Down SP26_EXP 0.50 0.20%
Nov-30 9 2 Regulation Down SP26_EXP 1.44 0.50%
Nov-30 9 4 Regulation Down CAISO_EXP 2.66 0.30%
Nov-30 9 4 Regulation Down SP26_EXP 1.66 0.60%
Nov-30 12 3 Regulation Down SP26_EXP 5.45 2.30%
Nov-30 24 1 Regulation Down SP26_EXP 0.09 0.05%