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Offshore Developments Could Potentially Affect ERCOT

Offshore Developments Could Potentially Affect ERCOT

In the energy industry, many markets are seeing an emphasis on renewables, energy opportunities, and new technology. In the Gulf of Mexico, for example, offshore developments are being considered. According to Associated Press, an American non-profit news agency, "the agency that oversees offshore leases will publish a request for interest Friday in the Federal Register, for areas off Louisiana, Texas, Mississippi and Alabama," although the exact areas have not been defined. This could have direct impacts on the Electric Reliability Council of Texas (ERCOT), Midcontinent Independent System Operator (MISO), and State Emergency Response Commission (SERC). ​ These changes will rely heavily on the support of oil and gas industries. "Although the main focus is on wind energy, the Bureau of Ocean Energy Management is also seeking information on other renewable energy technologies," says the Interior Department. Once published on Friday, June 11, 2021, a 45-day public comment period will start and those who wish to provide feedback about the usage of the land, environmental consequences, and other input may do so during this time.

Release 4.8.8

Release 4.8.8

Release Date June 2021 Download Here:

MISO MUI 2.0 Parallel Operations Reschedule

MISO MUI 2.0 Parallel Operations Reschedule

The MISO Market User Interface (MUI) 2.0 is designed with future performance, reliability, and usability in mind. With that being said, the start of MISO MUI 2.0 parallel operations originally scheduled for Thursday, July 1 is now scheduled for Tuesday, July 6. Please take a minute to give your final “ready to start parallel operations” status using the MUI 2.0 Readiness App. Simply mark your organization as “On Track”. Once parallel operations start on July 6, MISO will retire the Readiness App and instead rely on system logs to track your migration from legacy to MUI 2.0. The objective is to have 100% of Market Participants migrated to MUI 2.0 by the end of parallel operations. Users can reach the Member Readiness App two ways: 1. Using MISO Market Portal a. https://markets.midwestiso.org/marketportal/ 2. Click “Launch” on the MUI 2.0 Member Readiness tile. 2. Go directly to the application at a. https://markets.midwestiso.org/msesurvey/ Adapt2 Solutions is happy to bring you the latest market news. For more information, MISO has several resources on the MUI 2.0 website including the MUI 2.0 FAQ and MUI 2.0 Readiness App User Guide.

PJM’s RTV upcoming market change starting June 1st

PJM’s RTV upcoming market change starting June 1st

Dependent on the Federal Energy Regulatory Commission's (FERC) approval, the Real Time Value (RTV0 Market Rule Changes will go into effect starting on Tuesday, June 1, 2021. Once this change has been implemented, RTV submittals that are submitted via Markets Gateway will only be valid for a duration of one operating day. Schedules from the operating day that has the RTV will not roll forward. After this, the schedule will revert to the relevant parameter values prior to the submission of the RTV for the entire schedule. Those Market Participants with multi-day RTV submittals that extend past June 1, 2021 should withdraw the RTV submittal or modify the end date to terminate on June 1, 2021. RTVs will need to be entered each day they are needed. Adapt2 is aware of this change and expects no system impacts.

Release 4.8.7

Release 4.8.7

Release Date May 2021 Download Here:

Energy Market Interface Upgrade

Energy Market Interface Upgrade

The Energy Market Interface (EMI) which market participants use to engage with Ontario's physical energy markets is currently built on ORACLE’s ADF version 11.1.16 and WebLogic Server version 10.3.1. These versions are no longer distributed or supported by ORACLE which may make functionality improvements to these two applications not possible. Additionally, IESO will have limited ability to address security vulnerabilities that may arise with these ORACLE components. To address this problem, EMI will be upgraded to the latest version of ORACLE ADF version 12.2 and ORACLE WebLogic version 12.2. With these upcoming changes, however, Adapt2 suite expects no system impacts with these changes. On May 20, 2021, the upgrade will be deployed to the IESO’s Sandbox. To access, using Microsoft Edge, go to emisandbox.ieso.ca and enter your IESO Sandbox username and password. If you are not registered as a Sandbox user, register in Online IESO. Once deployed, EMI users will need to use Microsoft Edge or Google Chrome. Internet Explorer will no longer be supported starting June 2, 2021 and all users will have to access EMI using this external link. While this change affects users accessing EMI GUI interface, it does not affect API users. Other IESO applications are not affected at this time. Please refer to IESO Supported Client Platforms for more information regarding the systems which IESO supports. As an additional note, when users access the application in Sandbox or Production for the first time (or in subsequent browser sessions), it is secure to click continue under “Advanced” and “Proceed” to enter your Username and Password to access and use EMI. Adapt2 is happy to bring market information to its customers. More helpful links may found below: IESO Participant Tool Training and related guides IESO Supported Client Platforms Energy Market Interface (EMI) IESO IT Release Schedule IESO Planned IT Outages

PJM’s Effective Load Carrying Capability Proposal

PJM’s Effective Load Carrying Capability Proposal

On April 30, 2021, the Federal Energy Regulatory Commission (FERC) rejected PJM's proposed Effective Load Carrying Capability (ELCC) transition mechanism, arguing it was "unjust and unreasonable." The proposal aimed to help with changes in capacity by setting "ELCC floor values for resources on a rolling annual basis for 13 years after they enter the PJM capacity market." Despite being rejected for the transition mechanism portion of the proposal, "PJM’s proposed ELCC construct appeared to be just and reasonable, allocating capacity values to generators using a logical and methodological process that reasonably estimates each generation resource type’s reliability contribution," according to authors Elizabeth McCormick and Katherine O'Konski. FERC gave PJM the option to file a revised ELCC proposal under Section 205 to continue to keep the paper hearing temporarily suspended. To qualify for this option, "PJM would need to submit its intent by no later than May 14 and would need to make the new Section 205 filing by no later than June 1," according to PJM. To read more about this, please visit this article. FERC's order may be found here.

ERCOT Summer Preparations

ERCOT Summer Preparations

The Electric Reliability Council of Texas (ERCOT) is responsible for approximately 90% of the state's electric load which serves more than 26 million Texans. As the summer season approaches, ERCOT has been preparing for the forecasted demand. According to ERCOT's Vice President of Grid Planning and Operations Woody Rickerson, "we cannot control the weather or forced generation outages, but we are prepared to deploy the tools that are available to us to maintain a reliable electric system." On May 7, 2021, ERCOT released its final Seasonal Assessment of Resource Adequacy (SARA) for the summer season (June to September), its preliminary assessment for the fall season (October to November), and the May Capacity Demand, and Reserves (MCDR) Report. The preliminary fall SARA report suggests there will be sufficient generation to meet demand under normal conditions. However, scenarios involving maintenance outages, extreme weather, and so on may lead to tight grid conditions. This document has more information concerning reliability in the upcoming months. Lastly, as part of their efforts to ensure electric reliability for their consumers, ERCOT has plans to visit selected power plants across Texas to examine summer weatherization plans between May 17, 2021 and June 30, 2021. Adapt2 Solutions is happy to provide its customers with insightful market information. Please visit https://www.adapt2solutions.com/ for more.

ISO New England Implements Changes in Renewables Plan

ISO New England Implements Changes in Renewables Plan

ISO New England market participants with solar plants are now able to submit medium and long-term future availability data for power generation. This functionality was formerly only available to wind plant assets. The new requirements and rules were outlined by ISO-NE: The new functionality to submit future availability data is available via web services only. There is no user interface similar to eMarket. Access to Renewable Plan web services may be obtained via CAMS. The solar generation future availability data is submitted in form of two schedules: Hourly Solar Plant Future Availability data (Hourly SPFA) and Daily Solar Plant Future Availability data (Daily SPFA). Participants can use web services to query the names of schedules, as well as information about the solar assets they own. For details on XML submit and query requests, refer to “Wind and Solar Data Exchange Specification” published on ISO-NE website. The Hourly SPFA data is submitted every hour and contains date-time/MW value pairs for the hours starting with the next hour, and ending with 48 hours from the next hour (48 data points). The Daily SPFA data is submitted once a day, no later than at 10:00. This schedule contains date-time/MW value pairs for the hours starting at 11:00 two days from the current day and ending with 7 days from the current day (120 data points). The verification process uses the Nameplate MW value specified in CAMS. Submittals with values higher than Nameplate MW will be rejected. The system will also verify the number of data points and begin/end dates in submitted requests. For invalid submittals, the system will return an error message explaining the problem. For valid submittals, the system will return a transaction ID. Adapt2 is working with clients to ensure they are able to submit their future availability to ISO New England.

PJM OASIS Public Key Infrastructure and ExSchedule compliance is now effective

PJM OASIS Public Key Infrastructure and ExSchedule compliance is now effective

In February 2020, FERC issues an order to comply with NAEBS 3.2 changes. As part of this compliance PJM market participants were required to implement secure public key infrastructure (PKI) access to the OASIS system and E-Tagging (ExSchedule) applications. These changes affect all PJM tools that are part of a single sign on and that have browserless APIs. Users should have opted-in from the PJM Account Manager by requesting access to “Certificate Based Authentication Opt-In” role during the opt-in period. Adapt2 has been working with clients to ensure this transition is seamless for it’s mandatory migration date of May 4, 2021. For more information regarding this change, please visit: https://www.pjm.com/-/media/committees-groups/forums/tech-change/2021/20210120/20210120-item-04j-tools-security-update.ashx

Release 4.8.6

Release 4.8.6

Release Date April 2021 Download Here:

FERC's March 30 Order Accepts NYISO Proposal

FERC's March 30 Order Accepts NYISO Proposal

FERC's March 30 order<https://elibrary.ferc.gov/eLibrary/filedownload?fileid=15749175> accepted the New York Independent System Operator's (NYISO) Co-Located Storage Resource (CSR) proposal to allow energy storage resources (ESRs) to be paired with renewable resources and allow them to "participate in the NYISO-administered markets," according to energy-focused authors Katherine O'Konski and Miles Kiger<https://www.jdsupra.com/legalnews/ferc-accepts-nyiso-co-located-storage-7257755/>. Included in this order, FERC approved several revisions to rules and processes surrounding participation guidelines, market power mitigation measures, and so on. With the goal of bettering the performance of "renewable and fossil generation, energy storage resources, and demand response resources," the filing made by NYISO suggests that this order will be the first of many proposals involving renewable resources. Adapt2 Solutions is here to help your organization stay up-to-date with the latest market news.