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MISO Market Symposium Synopsis

Midcontinent Independent System Operator (MISO), held its 2020 Market Symposium on October 20, 21 and 23. The Market Symposium covered a wide range of topics that were significant to the energy industry. These topics included addressing uncertainty, variability, and risk associated with power markets and operations. Other areas of key focus were infrastructures as an enabler, and data analytics to support decision-making. MISO started the conference by inviting Commissioner Richard Glick from the Federal Energy Regulatory Commission (FERC), to share his thoughts on uncertainty and risk. When asked what he thought the state of the industry would be in 10-15 years, Glick answered confidently that we would see an increase in renewable resource options since many companies are moving in that direction. With so much unpredictability in climate change and natural disasters, Glick has noticed many companies moving towards renewable resources. Glick advised utilities to invest in clean energy and provide customers with options. In the next 10-15 years, the industry is looking to dramatically change the use of non-renewable resources. Regarding the topic of uncertainty with supply and demand, Dr. Andy Sun expressed the need to have individuals looking ahead and planning for this problem. He says that with less uncertainty, we can have a better balance of supply and demand. Lisa Barton, the Executive Vice President of Utilities American Electric Power addressed attendees with answers about needs and opportunities in the energy industry. When asked how to show people outside of the industry the importance of infrastructure, Barton explained that with so much being expected out of the grid, we can also anticipate the need for larger infrastructures. When it comes to supply and demand, we should not worry about building too much, but rather not having enough. The panel that day also addressed grids and mentioned the probability of a mixture of macro and microgrids in the future. Dr. Anjan Bose advised taking that into consideration when planning. He also discussed the need for synthetic data and the desire for the industry to be more transparent with regional data. Another trending topic addressed how we should plan for expanding wind energy in MISO. James McCalley advised looking into an expansion planning tool. Adapt2 Green is a great option for expanding renewable resources. Elliot Mainzer, President and Chief Executive Officer at California ISO spoke about the importance of simplifying what is required of employees in the energy markets. He mentions the difficulty of needing people to do multiple things. He expressed the desire to have one system that flows well to take the weight off of employees. For our clients, Adapt2 is that system. Adapt2 Solutions operates on a single cloud platform that is enabled by the latest technologies. These technologies include big data, artificial intelligence and machine learning capabilities. From trade management to the complexities of your renewable portfolio, our system is configured to meet and simplify your needs. The final panel covered the importance of data analytics to help support decision making. When asked, what major challenges and opportunities for data analytics are there in the technology sector, Antoine Marot spoke of the need for AI to be focused on assistance. David Edelson mentioned that since the control room does not have a lot of time to make decisions based on the data, better visualization tools would be a benefit. Edelson also stated that giving operators the rights tools would help data analytics succeed in the next 10-15 years. Adapt2’s Machine Learning Artificial Intelligence uses machine and deep learning algorithms. Adapt2 is able to harvest knowledge in the big data lake to help support better and more optimized decision making. The symposium ended with a Q&A panel that discussed the approaches that might be used to make sure operators trust the AI tools they’re given, as well as the best ways for growth. Edelson answered by suggesting that developers included the operators in the creation of AI tools to ensure their needs are being met. He also suggested automated decision making so that the market would be able to operate more leanly. The MISO 2020 Market Symposium addressed concerns and topics important to the energy industry. These topics covered many of the risks and opportunities this business faces. Each day allowed guest speakers and panelists to unpack the subjects for the audience. These professionals offered knowledge from experience and advice for the future. While the outlook of this ever-evolving industry is unknown, listeners can be better prepared for changes by studying data, preparing for potential natural disasters and investing in ways to create and store energy. Considering the guidance from the experts invited to participate in the MISO 2020 Market Symposium, Adapt2 is ready and equipped to provide clients with state of the art energy software solutions that span all parts of the energy organization. From Front Office to Back Office and from Plants/Assets to IT departments, Adapt2’s mission is to adapt2 to change around and within and this includes anticipating and innovating around market trends and changes.

MISO Market Portal: MUI 2.0 Updates

MISO’s Market User Interface (MUI) is undergoing modernization to meet future performance, usability, reliability, and security needs. This change is part of the larger Market System Enhancement program (MSE) to modernize the MISO Energy & Ancillary Services Market system. Midcontinent Independent System Operator (MISO) has finished Phase 1 of its market portal redesign and has now finalized the design and implemented a testing environment ahead of the planned rollout of the new system in the Summer of 2021. MUI 2.0 Time Line:
Phase 1 – Customer Engagement (Jan. 2019 – March 2020) – Complete
Phase 2 – Member Development and Testing in CCE (April 2020 – June 2021) – Ongoing
Phase 3 – Parallel Operations in Production (July – Oct. 2021) – Pending
Phase 4 – Legacy Retirement (Nov. 2021) – Pending Client Readiness and Input:
As part of its current roll-out of Phase 2, MISO is asking the approximately 290 market participants that use the Market User Interface, the primary interface into the Energy and Operating Reserves Market, to indicate their progress in transitioning to the newly developed MUI 2.0 that is now available on the externally facing test environment (CCE). MISO has developed the MUI 2.0 Readiness App to facilitate market participant status tracking. MISO is asking that each market participant open up the Readiness App and update their status monthly. The app consists of one simple question and should take less than a minute to update. At this time only 37 of the 290 market participants that use the MUI today have entered their status (less than 13%). Adapt2 Solutions is working with our clients to provide updates on our progress and coordinating with the ISO. For more information regarding MISO’s MUI 2.0 or the Member Readiness App, please visit:
General MUI 2.0 Frequently Asked Questions (FAQ) Users can reach the Member Readiness App in two ways:
1. Using MISO Market Portal and clicking “Launch” on the MUI 2.0 Member Readiness tile.
2. Going directly to the application here.

SPP Multi-day Pricing and Commitment Forecast

SPP will be adding the Multi-Day Forecast (MD-FC) to provide a forecast for resource commitments and prices for several days into the future. This information is for informational purposes only and is not financially binding. It will allow Integrated Marketplace participants to better anticipate and plan for upcoming market conditions. The forecast is a projection and system conditions may be significantly different, leading to binding prices and commitments.

The projected commitment and pricing data will be shared with Market Participants through the Market User Interface (MUI) and Market API. Prices will be published through SPP's Integrated Marketplace Portal and public data portal.

SPP plans on implementing the Multi-Day Forecast in March 2021. The final specifications regarding the price and commitment forecast is to be released on November 13, 2020. Member Testing will be conducted from January to February 2021. This project will impact all end users of the MUI and Market API. Adapt2 will continue to monitor when the forecast may be available and work with clients to ensure they are able to download this data.

Please visit the following link for more information: https://spp.org/spp-documents-filings/?id=237579

PJM MSRS Changes from the UTC Uplift Allocation Compliance Filing

PJM Interconnection has recently made several changes to its MSRS reports.
The changes are in result of a recent ruling regarding uplift allocations for virtual transactions and will have an impact on day-ahead (DA) operating reserve charges and the balancing of operating reserve deviation charges. Reports that include changes are as follows:
·Operating Reserve Deviation Summary
·Operating Reserve Deviation Summary – 5 Minute
·Operating Reserve Charge Summary Operating Reserve Deviation Summary Changes:
·New column – DA Up-to Congestion Bids (MWh)
·Supporting Calculation for DA Operating Reserve Withdrawal updated to included DA UpTo Congestion Bids
·Values on Operating Reserve Deviation Summary are hourly averages of the sub-hourly values on the Operating Reserve Deviation Summary – 5 Minute report Operating Reserve Deviation Summary – 5 Minute Changes:
·New column DA Up-To Congestion Bids (MW)
·Supporting Calculation for DA Operating Reserve Withdrawal updated to included DA UpTo Congestion Bids
·Operating Reserve Charge Summary Operating Reserve Charge Summary Changes:
·New column DA Up-To Congestion Bids (MWh) added to display organization’s total cleared DA UTC Bids contribution
·Supporting calculation for DA Operating Reserve Charge column updated to include DA Up-To Congestion Bids
·Special Logic updated to include note for Total PJM DA Load Plus Exports column

The Adapt2 Market Intelligence Team has been monitoring these changes and working to ensure the updates are made in our system for client use prior to the November 1, 2020 effective date.

Release 4.8.2

Release Date October 2020 Download Here:

ISONE 2021 and Beyond

There are three major changes coming soon in ISO New England (ISONE). Over the next few years participants can be prepared for more information on: – Cost Allocation in the Forward Capacity Markets
– Energy Security Improvements
– A New Inventoried Energy Program Cost Allocation Changes:
ISONE currently requires a blended monthly charge rate for the net regional clearing price (NRCP). The new cost allocation methodology will require participants to allocate costs for each capacity transaction individually. Adapt2 will work with ISO New England members to ensure these changes are proactively updates for ISO connectivity and reporting. Energy Security Improvements:
ISONE will create several new, voluntary ancillary services in the day-ahead market and compensate for the flexibility of energy ‘on demand’ to better manage uncertainties for each operating day. In addition, energy call options will be procured in the day-ahead energy market to provide three new ancillary services:
– Generation Contingency Reserves (GCR)
– Replacement Energy Reserves (RER)
– Energy Imbalance Reserves (EIR) Inventoried Energy Program:
Prior to winter months, resources in ISONE may elect to sell all or a portion of their energy inventory capability forward at a predetermined rate. A resource that sells forward must either maintain at least this inventoried energy quantity, or ‘buy out’ of its forward position at the spot rate during each trigger condition. This will help mitigate unexpected winter energy costs. Adapt2 is closely working with our ISONE clients and monitoring the timelines of these changes. We will be proactively updating the Adapt2 platforms to ensure any member impacting changes are implemented.

Proposed NYISO Hybrid Storage and Solar Dispatch Project Update

NYISO is currently ‘a grid in transition’ undergoing several projects to help modernize their operations and integrate storage, distributed energy resources and various renewables. The goal of these projects is to align competitive markets with New York State Clean Energy Objectives and allowing for grid flexibility to improve capacity market valuation. Upcoming Projects Include:
• Hybrid Storage Modeling
• Large Scale Solar Dispatch

Hybrid Storage Modeling:
This project will create modifications to existing market rules to include Co-Located Storage Resources (CSR). The current proposal states that the CSRs will have distinct point identifier, bid, schedule and settlement. This will lead to additional data volumes. Resources will have a single billing but can participate as both an Intermittent Power Resource (IPR) and Energy Storage Resource (ESR) under this hybrid model. All CSRs will be settled at the LBMP and POI.
Lastly, Co-located Storage Resources can each offer all of their available capability into the Day-Ahead and Real-Time Markets. The ISO will account for the CSR Scheduling Limits in the schedules and dispatch it issues to CSR Generators. Generators with a real time physical operating problem that makes it impossible for it to operate in the bidding mode in which it was scheduled Day-Ahead or to achieve or comply with applicable operating parameters or requirements should notify the ISO.
Once finalized Adapt2 will work with clients to ensure they have the data and reporting capabilities needed to operate within the CSR market rules. Large-Scale Solar Dispatch:
NYISO has recommended that front-of-the-meter solar resource be treated similarly to wind resources. With this proposal NYISO would require solar plants to submit flexible offers that indicate their willingness to generate at various price levels and to receive and respond to economic dispatch instruction to curtail output. Adapt2 will be monitoring this proposal to ensure we make necessary changes to our bid and offers modules, LBMP calculations and dispatch blotter. Adapt2 will also use the wind and solar forecasts supplied in the NYISO energy market’s economic commitment and dispatch to feed into the Tahoe data lake so clients will be able to utilize AI for renewable load forecasting. For more information regarding these projects please visit: Hybrid Storage
Solar Dispatch

ERCOT release of redesigned Market Information System (MIS) to a Soft Launch Production Environment

ERCOT has released the redesigned Market Information System (MIS) to a Soft Launch Production Environment today, September 16, 2020. Market Participants should use this release to become familiar with the new user interface, test digital certificate access and roles, and explore the search capabilities. Additionally, users should test any integrations used to programmatically access data from the MIS. The new URL is https://mis.ercot.com/public/. All users may access public data on this site. However, digital certificates are required to access applications, secure data, and certified data. Existing digital certificates and roles will work on the Soft Launch MIS; there is no need to request new certificates.
Chrome is the preferred browser for the new MIS site. If your organization uses Internet Explorer, please see ERCOT’s Internet Explorer (IE) 11.x Configuration Guide for compatibility and configuration instructions.
MIS upgrade timeline: January 2020: ERCOT Market Information List (EMIL) web interface - Complete May 2020: Sandbox version of new MIS available for feedback - Complete September 16, 2020: New MIS available for testing - Complete November 2020: New MIS go-live (will run in parallel with current MIS until Q1 2021)

Release 4.8.1

Release Date September 2020 Download Here:

ISONE Proposes FERC to add 30 minutes to Submission Window

ISONE and the New England Power Pool (NEPOOL) filed a proposal FERC to add 30 minutes to the submission window for the Day-Ahead Energy Market.The window would extend to 10:30 a.m. if FERC approves the change. The ISO will still be required to clear the market and post results by 1:30 p.m. This will afford suppliers additional time to consider late-breaking information before finalizing their day-ahead offers and bids. This extension will not require an Adapt2 software upgrade, but we do encourage that all market participants review their current submission processes to maximize this extension. ISONE and NEPOOL have asked for the changes to become effective September 30, 2020.

SPP TCR 4.1 Sandbox Now Available

TCR Release 4.1 is a member-impacting release that will include updates to address two member-facing defects one member-facing enhancement, and one member-impacting defect that will require API changes. These changes include: · Market Result Files Do Not Consistently Display Existing Description Values The Private Market Results download file for a monthly allocation in CSV format will be modified to show descriptions of both ”stage 1” and ”stage 2” nominations. This will align with what is seen in the MUI nomination editor. · Market and Secondary Market API Dates TCR Market Service and Secondary Market Service APIs will use the correct date format. · Historical Peak Load Calculation Correction Data Interface Historical Peak Load import will be modified to create records with correct MW value by using ROUND function instead of CELING function (to round the MW values to 0.1 granularity). · Validations for MW and Price Values and Detailed Error Message The TCR MUI will check for invalid bid MW and/or bid price for portfolio uploads and provide the user with a detailed error message indicating the invalid MW of a specific row in the upload file. The TCR Release 4.1 will be installed in MTE for testing on 07/23/2020. Unstructured member testing will be conducted 07/27/2020 to 08/07/2020. Adapt2 urges all SPP market participants to conduct sandbox testing. Adapt2 will continue to monitor the release impacts and work with clients to ensure that they are ready for the changes coming soon.

PJM Authentication Changes

As part of the MSRS Refresh Project, PJM will be addingtoken basedauthentication with PKI, this will replace the current basic authentication. This change will impact all members who access MSRS through the browserless interactive. The MSRS Refresh Project will provide the following improvements: Improve browser compatibility Create consistent User Interface (UI) that mirrors other PJM tools and applications Create a more supportable framework Increase security with standard token based security for authentication Maintain single user multi-user capability Improve report request performance Support enhanced functionality Minimize impact to users for browserless report requests The MSRS will be in production during Q1 2021, the Adapt2 team will be reaching out to clients to ensure they are prepared and trained on these changes.

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