OBDRR #26 · Revision Request
OBDRR026 Change Shadow Price Caps to Curves and Remove Shift Factor Threshold
ReasonMarket efficiencies or enhancements
Created2021-03-24
Sections Affected
Methodology for Setting Maximum Shadow Prices for Network and Power Balance Constraints
Summary
This Other Binding Document Revision Request (OBDRR) makes certain congestion management changes for contingency constraints. No base case or Generic Transmission Constraint (GTC) pricing is affected by this OBDRR. This OBDRR 1) Changes the default Shadow Price caps to curves. The change lowers the value for small violations and raises the value for large violations; and 2) Removes the Shift Factor threshold as a factor for determining eligibility for Security-Constrained Economic Dispatch (SCED) consideration. Currently, a constraint is only eligible for resolution by SCED if at least one Resource exists that has a Shift Factor of greater than 2% or less than negative 2%. This OBDRR also proposes minor cleanup items and simplifications to Section 3, Elements for Methodology for Setting the Network Transmission System-Wide Shadow Price Caps.
Action Log 1 milestones
-
Mar 24
TACDeferred/Tabled→ TAC for consideration
Ballots
| Date | Body | Result | Yes | No | Abstain | |
|---|---|---|---|---|---|---|
| Apr 7 '21 | WMS | Motion Fails | 4.66667 | 2.83333 | 0 | xls |
| Mar 24 '21 | TAC | Motion Passes | 29 | 0 | 0 | xls |
Documents 9
| Name | Type | Posted | Classification |
|---|---|---|---|
| 026OBDRR-01 Change Shadow Price Caps to Curves and Remove Shift Factor Threshold 012121 | docx | Jan 21 '21 | Revision Request |
| 026OBDRR-02 TAC Ballot 032421 | xls | Mar 29 '21 | Revision Request Ballot |
| 026OBDRR-03 TAC Report 032421 | docx | Mar 29 '21 | Committee Report |
| 026OBDRR-04 DC Energy Comments 042821 | docx | Apr 28 '21 | Revision Request Comments |
| 026OBDRR-05 Joint Commenters Comments 050421 | docx | May 4 '21 | Revision Request Comments |
| 026OBDRR-06 WMS Ballot 050521 | xls | May 7 '21 | Revision Request Ballot |
| 026OBDRR-07 WMS Comments 050721 | doc | May 7 '21 | Revision Request Comments |
| 026OBDRR-08 Joint Commenters Comments 071621 | docx | Jul 16 '21 | Revision Request Comments |
| 026OBDRR-09 Request for Withdrawal 010622 | docx | Jan 6 '22 | Revision Request |
Meetings That Took It Up 18
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Jan 5 '22 | WMS Meeting by Webex Only | WMS | Concluded |
| Dec 1 '21 | WMS Meeting by Webex Only | WMS | Concluded |
| Nov 29 '21 | TAC Meeting by Webex Only | TAC | Concluded |
| Nov 3 '21 | WMS Meeting by Webex Only | WMS | Concluded |
| Oct 6 '21 | WMS Meeting by Webex Only | WMS | Concluded |
| Sep 29 '21 | TAC Meeting by Webex Only | TAC | Concluded |
| Sep 1 '21 | WMS Meeting by Webex Only | WMS | Concluded |
| Aug 27 '21 | TAC Meeting by Webex Only | TAC | Concluded |
| Aug 4 '21 | WMS Meeting by Webex Only | WMS | Concluded |
| Jul 28 '21 | TAC Meeting by Webex Only | TAC | Concluded |
| Jul 7 '21 | WMS Meeting by Webex Only | WMS | Concluded |
| Jun 23 '21 | TAC Meeting by Webex Only | TAC | Concluded |
| Jun 2 '21 | WMS Meeting by Webex Only | WMS | Concluded |
| May 26 '21 | TAC Meeting by Webex Only | TAC | Concluded |
| May 5 '21 | WMS Meeting by Webex Only | WMS | Concluded |
| Apr 28 '21 | TAC Meeting by Webex Only | TAC | Concluded |
| Apr 7 '21 | WMS Meeting by Webex Only | WMS | Concluded |
| Mar 24 '21 | TAC Meeting by Webex Only | TAC | Concluded |