SCR #785 · Revision Request
SCR785 Update RTL calculation to include Real-Time Reserve Price Adder based components
ReasonTo more closely align calculated credit exposure with Real-Time Market (RTM) Settlement risk.
Created2014-11-06
Sections Affected
16.11.4.3
Summary
The Real-Time Liability (RTL) component of credit calculations estimates settlement risk for unsettled operating days. RTL currently does not include changes in exposure from Real Time Reserve Price Adder Based on Operating Reserve Demand Curve (ORDC) related calculations. This SCR is to update RTL to include the effect of certain ORDC exposure determinants. 1. Modifies the Real-Time Liability (RTL) calculation to include an estimated amount of the following determinants; a. RTASIAMT (Real-Time Ancillary Service Imbalance Amount) based on calculations defined in paragraphs (6) of Protocol Section 6.7.4 Real-Time Ancillary Service Imbalance Payment or Charge, b. RTRUCRSVAMT (Real-Time RUC Ancillary Service Reserve based on calculations defined in paragraphs (7) of Protocol Section 6.7.4.6 Real-Time Ancillary Service Imbalance Payment or Charge Amount), and c. LAASIRNAMT (Real-Time Ancillary Service Imbalance Revenue Neutrality Allocation) based on calculations defined in Protocol Section 6.7.5 Real-Time Ancillary Service Imbalance Revenue Neutrality Allocation. NPRR 626, "Reliability Deployment Price Adder", also adjusts the RTL calculation to reflect other ORDC determinants that are not within the scope of this SCR. This SCR was proposed when it was determined that NPRR626 did not include all applicable RTL determinants.
Action Log 1 milestones
-
Nov 6
PRSDeferred/Tabled→ PRS for consideration
Documents 5
| Name | Type | Posted | Classification |
|---|---|---|---|
| 785SCR-01 RTL Update to Include ORDC Components 102214 | doc | Oct 23 '14 | Revision Request |
| 785SCR-02 Impact Analysis 102214 | doc | Oct 23 '14 | Staff Report |
| 785SCR-03 PRS Report 110614 | doc | Nov 11 '14 | Committee Report |
| 785SCR-04 WMS Comments 120314 | doc | Dec 3 '14 | Revision Request Comments |
| 785SCR-05 Request for Withdrawal 012017 | doc | Jan 20 '17 | Revision Request Comments |
Meetings That Took It Up 30
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Feb 9 '17 | PRS Meeting | PRS | Concluded |
| Jan 19 '17 | PRS Meeting | PRS | Concluded |
| Jan 18 '17 | CWG/MCWG Meeting | CREDITWG | Concluded |
| Dec 1 '16 | PRS Meeting | PRS | Concluded |
| Nov 10 '16 | PRS Meeting | PRS | Concluded |
| Oct 13 '16 | PRS Meeting | PRS | Concluded |
| Sep 15 '16 | PRS Meeting | PRS | Concluded |
| Aug 11 '16 | PRS Meeting | PRS | Concluded |
| Jul 14 '16 | PRS Meeting | PRS | Concluded |
| Jun 16 '16 | PRS Meeting | PRS | Concluded |
| May 12 '16 | PRS Meeting | PRS | Concluded |
| Apr 14 '16 | PRS Meeting | PRS | Concluded |
| Mar 10 '16 | PRS Meeting | PRS | Concluded |
| Feb 11 '16 | PRS Meeting | PRS | Concluded |
| Jan 14 '16 | PRS Meeting | PRS | Concluded |
| Dec 10 '15 | PRS Meeting | PRS | Concluded |
| Nov 12 '15 | PRS Meeting | PRS | Concluded |
| Oct 15 '15 | PRS Meeting | PRS | Concluded |
| Sep 10 '15 | PRS Meeting | PRS | Concluded |
| Aug 13 '15 | PRS Meeting | PRS | Concluded |
| Jul 16 '15 | PRS Meeting | PRS | Concluded |
| Jun 11 '15 | PRS Meeting | PRS | Concluded |
| May 14 '15 | PRS Meeting | PRS | Concluded |
| Apr 16 '15 | PRS Meeting | PRS | Concluded |
| Mar 12 '15 | PRS Meeting | PRS | Concluded |
| Feb 12 '15 | PRS Meeting | PRS | Concluded |
| Jan 15 '15 | PRS Meeting | PRS | Concluded |
| Dec 11 '14 | PRS Meeting | PRS | Concluded |
| Dec 3 '14 | WMS Meeting | WMS | Concluded |
| Nov 6 '14 | PRS Meeting | PRS | Concluded |