Market Highlights 1 (November 1 November 14)

Transcription

1 Market Highlights 1 (November 1 November 14) The average DLAP price in the integrated forward market was $ The maximum and minimum DLAP prices were $16.9 and $16.49, respectively. The maximum and minimum PNode prices in the integrated forward market were $ and -$23.79 respectively. The top two interties congested in the integrated forward market were PALOVRDE_ITC and MALIN5. Congestion rents in these two weeks totaled $2,383,86.3. The average day-ahead ancillary service prices were between $. and $ Approximately percent of the RUC requirements were met from RA units. The average real-time FMM DLAP price was $46.22, with a maximum price of $1,24.8 and a minimum price of -$ The maximum and minimum PNode prices in the FMM were $1,294.5 and -$152.46, respectively. Out of the total 1,344 FMM intervals, 15 intervals saw DLAP prices above $25, and 1 intervals saw DLAP prices below -$15. Out of the total 1,344 FMM intervals, 53 intervals saw ELAP prices above $25 and 1 intervals saw ELAP prices below -$15. The average real-time FMM ELAP price was $3.87, with a maximum price of $ and a minimum price of -$ The average real-time RTD DLAP price was $36.37, with a maximum price of $1, and a minimum price of -$ The maximum and minimum PNode prices in the RTD were $3, and -$292.94, respectively. Out of the total 4,32 RTD intervals, 38 intervals saw DLAP prices above $25 and interval saw DLAP prices below -$15. Out of the total 4,32 RTD intervals, 55 intervals saw ELAP prices above $25 and 15 intervals saw ELAP prices below -$15. The average real-time RTD ELAP price was $27.45, with a maximum price of $1,9.2 and a minimum price of -$ Root cause for daily high price events are noted in Tables 1 and 2. Trade Date FMM Nov 6 HE 17 FMM Nov 6 HE 18 FMM Nov 7 HE 14 Table 1 FMM Intervals Root Cause Load changes, re-dispatch of resources, and reduction of net imports Load changes, renewable deviation and re-dispatch of resources. Congestion on 24138_SERRANO _5_24137_SERRANO _23_XF_1 _P. 1 A description of the metrics presented in this report is available at Market Quality and Renewable Integration/L.Hernandez 1

2 GW Trade Date FMM Nov 7 HE 17 FMM Nov 7 HE 18,19 Table 1 FMM Intervals Root Cause Load changes, generator outage, renewable deviation, and re-dispatch of resources. Load changes, generator outage, reduction of net imports, re-dispatch of resources. Trade Date RTD Nov 1 HE 8, 9; Nov 4 HE 18 RTD Nov 3 HE 9; Nov 7 HE 8,14 RTD Nov 3 HE 17,19 RTD Nov 4 HE 16 RTD Nov 6 HE 15,16 RTD Nov 7 HE 15 RTD Nov 7 HE 17,18 RTD Nov 9 HE 2 RTD Nov 1 HE 7 RTD Nov 12 HE 8 Table 2 RTD Intervals Root Cause Load changes. Load changes and renewable deviation. Re-dispatch of resources. Load changes and reduction of net imports. Load changes, renewable deviation, and reduction of net imports. Load changes and re-dispatch of resources. Load changes, renewable deviation, and reduction of net imports. Congestion on OMS ELD_MKP_SCIT_NG. Re-dispatch of resources. Congestion on 782_TL 23S_OVERLOAD_NG. Figure 1: Day-Ahead (IFM) LAP LMP and Cleared Bid-In Demand PGAE SCE SDGE VEA Cleared Bid-In Demand (GW) Figure 2: Day-Ahead Congestion Rents Market Quality and Renewable Integration/L.Hernandez 2

3 Congestion Rents (in Millions) $7. $6. $5. $4. $3. $2. $1. $. Flow-Gates PALOVRDE_ITC MALIN5 Figure 3: Day-Ahead Congestion Rents for Flow-Based Constraints Congestion Transmission Constraint Rent OMS ELD_MKP_SCIT_NG $ 6,468, _SERRANO _5_24137_SERRANO _23_XF_1 _P $ 5,74, _DOUBLTTP_138_223_FRIARS _138_BR_1 _1 $ 2,431, _TL 23S_OVERLOAD_NG $ 223, _TRIMBLE _115_35616_SNJOSEB _115_BR_1 _1 $ 115, _LOCKEFRD_6._33736_LODI JCT_6._BR_1 _1 $ 75, _ESCNDIDO_23_22844_TALEGA _23_BR_1 _1 $ 53, _LASAGUIL_23_379_PANOCHE _23_BR_2 _1 $ 51, _HYMPOMJT_6._31553_BIG BAR _6._BR_1 _1 $ 49, _ENCINATP_23_22716_SANLUSRY_23_BR_2 _1 $ 22,129.3 OMS _OP-661 $ 17, _POWAY _69._22664_POMERADO_69._BR_1 _1 $ 16, _CORTINA _6._3451_CRTNA M_ 1._XF_1 $ 12, _HPLND JT_6._3137_CLVRDLJT_6._BR_1 _1 $ 9, _MSS TAP2_6._31553_BIG BAR _6._BR_1 _1 $ 9, _HGHLNDJ2_115_3195_CORTINA _115_BR_1 _1 $ 8, _BIG BEN2_115_31516_WYANDJT2_115_BR_1 _2 $ 7, _CARLOTTA_6._3115_RIODLLTP_6._BR_1 _1 $ 4, _SWNS FLT_6._3111_BRDGVLLE_6._BR_1 _1 $ 4, Market Quality and Renewable Integration/L.Hernandez 3

4 Figure 3: Day-Ahead Congestion Rents for Flow-Based Constraints (cont) Congestion Transmission Constraint Rent HUMBOLDT_IMP_NG $ 3, _HMBLT BY_6._311_EEL RIVR_6._BR_1 _1 $ 2, _HPLND JT_6._3126_HPLND JT_115_XF_2 $ 1, _COTWDPGE_115_315_COTTNWD _23_XF_1 $ _E.NICOLS_115_32214_RIO OSO _115_BR_1 _1 $ _MOSSLD _23_3797_LASAGUIL_23_BR_1 _1 $ Total $ 28,368, Figure 4: Day-Ahead (IFM) Average A/S Price Non Spin Spin Reg Up Reg Dn Mile Up Mile Dn Figure 5: Day-Ahead Average RUC Price Market Quality and Renewable Integration/L.Hernandez 4

5 Figure 6: Real-Time FMM Average A/S Price Non Spin Spin Reg Up Reg Dn Mile Up Mile Dn Market Quality and Renewable Integration/L.Hernandez 5

6 Figure 7: Real-Time FMM DLAP LMP PGAE SCE SDGE VEA Figure 8: Real-Time RTD DLAP LMP PGAE SCE SDGE VEA Market Quality and Renewable Integration/L.Hernandez 6

7 Figure 9: Real-Time FMM ELAP LMP PGE PACW PACE NEVP AZPS -4 PSEI Figure 1: Real-Time RTD ELAP LMP AZPS NEVP PACE Market Quality and Renewable Integration/L.Hernandez PACW -8 PGE PSEI 7