SCR #775 · Revision Request
SCR775 Posting Results of Real-Time Data in a Display Format
ReasonMany large industrial loads purchase at least a portion of their power based on the Real-Time Locational Marginal Price (LMP) for a Load Zone or have arrangements with their Load Serving Entity (LSE) to interrupt when prices reach a certain threshold established by contract. Real-Time data provides a source for forecasted prices, but currently is only in a Comma Separated Value (CSV) or Hypertext Markup Language (HTML) format. These files contain all the LMPs from Real-Time data for all Resource Nodes, Hubs, and Load Zones when a particular load is only interested in the prices at a specific Load Zone or Hub Real-time data output files show LMPs for all Resource Nodes, Hubs, and Load Zones in a time sequential order making it difficult to sort out the changes in price projections for an individual Load Zone. To understand potential price excursions, a history of forecasted prices for an individual location is needed Low prices can be as important as high prices Loads need to be able to access MIS directly from ERCOT using simple off-the shelf products Windows IE, Firefox, etc.
Created2013-11-21
Approved2014-02-11
Summary
This System Change Request (SCR) adds two new displays to the Day-Ahead and Real-Time data displays section under the Market Information tab on the ERCOT Market Information System (MIS). RTD Load Zone Forecasted Prices RTD Hub Forecasted Prices Each pricing display would automatically update with new revised prices on each execution of Real-Time data and delete the oldest data as shown in the examples. As an option, ERCOT would also provide the ability of a MIS user to specify a price threshold selected by the user that would cause the displayed prices that exceed this threshold to be highlighted in a different background color.
Action Log 5 milestones
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Nov 21
PRSRecommended for Approval→ PRS for Impact Analysis review.
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Dec 19
PRSDeferred/Tabled→ PRS for consideration.
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Jan 16
PRSRecommended for Approval→ TAC for consideration.
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Jan 28
TACRecommended for Approval→ ERCOT Board for consideration.
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Feb 11
BOARDApproved
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Jan 16 '14 | PRS | To to endorse and forward the 12/19/13 PRS Report as revised by PRS and the Impact Analysis for SCR775 to TAC with a recommended priority of 2014 and rank of 1100. | Passed |
Documents 11
| Name | Type | Posted | Classification |
|---|---|---|---|
| 775SCR-01 Posting Results of Real-Time Data in a Display Format | doc | Oct 3 '13 | Revision Request |
| 775SCR-02 WMS Comments 111413 | doc | Nov 14 '13 | Revision Request Comments |
| 775SCR-03 PRS Report 112113 | doc | Nov 25 '13 | Committee Report |
| 775SCR-04 Impact Analysis 121813 | doc | Dec 18 '13 | Staff Report |
| 775SCR-05 ERCOT Comments 121813 | doc | Dec 18 '13 | Revision Request Comments |
| 775SCR-06 PRS Report 121913 | doc | Dec 23 '13 | Committee Report |
| 775SCR-07 ERCOT Comments 011514 | doc | Jan 15 '14 | Revision Request Comments |
| 775SCR-08 PRS Report 011614 | doc | Jan 20 '14 | Committee Report |
| 775SCR-09 PRS Voting Ballot 011614 | xls | Jan 20 '14 | Revision Request Ballot |
| 775SCR-10 TAC Report 012814 | doc | Jan 29 '14 | Committee Report |
| 775SCR-11 Board Report 021114 | doc | Feb 14 '14 | Committee Report |
Meetings That Took It Up 15
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Jul 28 '15 | MISUG Meeting | MIS | Concluded |
| Jun 23 '15 | MISUG WebEx Meeting | MIS | Concluded |
| May 6 '15 | WMS Meeting | WMS | Concluded |
| Apr 29 '15 | MISUG WebEx Meeting | MIS | Concluded |
| Apr 8 '15 | DSWG Meeting | DSWG | Concluded |
| Mar 30 '15 | MISUG Meeting | MIS | Concluded |
| Mar 9 '15 | DSWG Meeting | DSWG | Concluded |
| Mar 2 '15 | MISUG WebEx Meeting | MIS | Concluded |
| Jan 27 '15 | MISUG Meeting | MIS | Concluded |
| Feb 11 '14 | Board of Directors Meeting | BOARD | Concluded |
| Jan 28 '14 | TAC Meeting | TAC | Concluded |
| Jan 16 '14 | PRS Meeting | PRS | Concluded |
| Dec 19 '13 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| Nov 21 '13 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| Nov 13 '13 | Wholesale Market Subcommittee (WMS) Meeting | WMS | Concluded |