OUTCOME: The California ISO activated flexible ramping product refinements (FRP) for deliverability and flexible ramping requirements enhancements on Feb. 1, 2023. FRP refinements for deliverability and flexible ramping requirement enhancements benefit market participants by considering locational constraints when procuring the FRP to ensure nodal procurement of FRP energy and flexible ramp awards are transmission feasible, by more accurately pricing individual resources’ flexible ramp capacity, and by improving the efficiency of calculation of FRP requirements in the real time markets used in the FRP securing of additional ramping capability that can be dispatched in the subsequent market runs to cover uncertainty in forecasted net load.
| Proposal Development | Decision | Implementation | Completed/Closed |
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Aug 03, 2022 Draft tariff language posted
Aug 31, 2020 Final proposal posted |
Oct 18, 2022 FERC approval (ER22-2661)
Aug 15, 2022 Tariff amendment filing (ER22-2661) Jul 20, 2022 - Joint EIM Governing Body and Board of Governors approval Sep 30 - Oct 01, 2020 Board of Governors approval Sep 16, 2020 EIM Governing Body approval |
Deliverability:
Feb 01, 2023 Activation Buffer and minimum: Nov 2020 Deployment Nov 2020 Activation |
Completed |
Training |
https://youtu.be/kpXY93JPR_M
Video - Flexible Ramping Product Refinements - Deliverability Refresher - Jan 25, 2023 01/26/2023
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http://www.caiso.com/Documents/Oct18-2022_LetterOrderAcceptingTariffAmendment-Flexible-Ramping-Product-ER22-2661.pdf
Oct 18, 2022 Letter Order Accepting Tariff Amendment - Flexible Ramping Product (ER22-2661) 10/24/2022
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http://www.caiso.com/Documents/Aug15-2022-TariffAmendment-FlexibleRampingProductRefinements-ER22-2661.pdf
Aug 15, 2022 Tariff Amendment - Flexible Ramping Product Refinements (ER22-2661) 08/30/2022
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Draft tariff language |
https://stakeholdercenter.caiso.com/InitiativeDocuments/DraftTariffLanguage-FlexibleRampingProductRefinements-Aug2022Reposting.docx
Draft Tariff Language - Flexible Ramping Product Refinements - Aug 2022 Reposting 08/03/2022
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Training |
https://youtu.be/kIVPJNo5ww0
Video - Flexible Ramping Product Refinements - Deliverability Training - Sep 7, 2022 09/07/2022
Presentation - Flexible Ramping Product Refinements - Deliverability Training - Sep 7, 2022 09/07/2022
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https://stakeholdercenter.caiso.com/InitiativeDocuments/Notice-DecisionalClassification_Flexible_Ramping_Product_Refinements_Initiative.pdf
Notice of Decisional Classification - Flexible Ramping Product Refinements initiative 07/11/2022
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Planned decisional classification |
https://stakeholdercenter.caiso.com/InitiativeDocuments/PlannedDecisionalClassification-Change-FlexibleRampingProductRefinementsProposal.pdf
Planned Decisional Classification - Change to the Flexible Ramping Product Refinements Proposal 06/24/2022
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View comments |
Web meeting |
http://www.caiso.com/informed/Pages/BoardCommittees/MarketSurveillanceCommittee/Default.aspx
Market Surveillance Committee 05/18/2022
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Web meeting |
https://stakeholdercenter.caiso.com/InitiativeDocuments/FlexibleRampingProductRefinements-ImplementationUpdate.pdf
Flexible Ramping Product Refinements - Implementation Update 05/20/2022
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View comments |
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http://www.caiso.com/Documents/Report-FlexibleRampingProductPerformance.pdf | |
Revised tariff language |
https://stakeholdercenter.caiso.com/InitiativeDocuments/RevisedDraftTariffLanguage-FlexibleRampingProductRefinements.docx
Revised Draft Tariff Language - Flexible Ramping Product Refinements 03/15/2021
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Web meeting |
http://www.caiso.com/informed/Pages/BoardCommittees/MarketSurveillanceCommittee/Default.aspx
Market Surveillance Committee 09/04/2020
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Final proposal |
https://stakeholdercenter.caiso.com/InitiativeDocuments/FinalProposal-FlexibleRampingProductRefinements.pdf
Final Proposal - Flexible Ramping Product Refinements 08/31/2020
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EIM classification |
https://stakeholdercenter.caiso.com/InitiativeDocuments/Notice-DecisionalClassification-FlexibleRampingProductRefinements.pdf
Notice of Decisional Classification - Flexible Ramping Product Refinements 08/20/2020
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Web meeting |
https://stakeholdercenter.caiso.com/InitiativeDocuments/DraftTariffLanguage-FlexibleRampingProductRefinements.docx
Draft Tariff Language - Flexible Ramping Product Refinements 08/10/2020
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View comments |
Web meeting |
https://stakeholdercenter.caiso.com/InitiativeDocuments/CommentsMatrix-FlexibleRampingProductRefinements-DraftFinalProposal.pdf
ISO Responses to Stakeholder Comments - Flexible Ramping Product Refinements - Draft Final Proposal 07/08/2020
Presentation - Flexible Ramping Product Refinements Draft Final Proposal - May 18, 2020 05/14/2020
Draft Final Proposal - Flexible Ramping Product Refinements 05/08/2020
Draft Technical Description - Flexible Ramping Product Procurement and Deployment Scenarios 05/08/2020
Solver - Flexible Ramping Product Deployment Scenarios - Flexible Ramping Product Refinements 05/07/2020
Appendix A - Other ISO/RTO Demand Curve Summaries - Flexible Ramping Product Refinements 05/06/2020
Appendix C - Quantile Regression Approach - Flexible Ramping Product Requirements 05/08/2020
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Web meeting |
https://stakeholdercenter.caiso.com/InitiativeDocuments/Presentation-FlexibleRampingProductRefinements-RevisedStrawProposal.pdf
Presentation - Flexible Ramping Product Refinements - Revised Straw Proposal 03/22/2020
Examples - Minimum Balancing Area Requirement - Flexible Ramping Product Refinements 03/23/2020
Revised Straw Proposal - Flexible Ramping Product Refinements 03/16/2020
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Web meeting |
https://stakeholdercenter.caiso.com/InitiativeDocuments/Presentation-FlexibleRampingProductRefinements-IssuePaper-StrawProposal.pdf
Presentation - Flexible Ramping Product Refinements - Issue Paper/Straw Proposal 11/18/2019
Issue Paper/Straw Proposal - Flexible Ramping Product Refinements 11/14/2019
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Analysis phase |
http://www.caiso.com/Pages/documentsbygroup.aspx?GroupID=C83A8C49-5DFF-48B2-97A8-5C851AC3FDD0
Price performance analysis 01/15/2020
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