UNITED STATES OF AMERICA
BEFORE THE

FEDERAL ENERGY REGULATORY COMMISSION

 

 

Price Formation in Energy and

Ancillary Services Markets Operated

by Regional TransmissionDocket No. AD14-14-000

Organizations and Independent System Operators

 

 

Joint Answer of the California Independent System Operator Corporation,
Midcontinent Independent System Operator, Inc., New York Independent
System Operator, Inc., PJM Interconnection, L.L.C., and Southwest Power
Pool, Inc. in Support of Motion for Extension of Time to File Post Technical

Workshop Comments

 

The American Public Power Association, the Electric Power Supply

 

Association, and National Rural Electric Cooperative Association have filed a

motion requesting a 15 day extension of time, up to and including March 6, 2015, for interested parties to file comments concerning technical workshops held last year in this proceeding. The California Independent System Operator Corporation, Midcontinent Independent System Operator, Inc., New York Independent System Operator, Inc., PJM Interconnection, L.L.C., and Southwest Power Pool, Inc.
strongly support this request for an extension of time.1

The motion requests additional time to allow interested parties the

opportunity to develop a more complete response to a set of questions issued by
the Commission concerning price formation for energy and ancillary services in
organized electricity markets.  The Commission’s questions seek information and
perspectives on a variety of topics, including bid mitigation, transparency of market


 

 

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The CAISO, MISO, NYISO, PJM and SPP file this answer pursuant to Rule 213 of the


Commission’s Rules of Practice and procedure.  18 CF.R Section 385.213.

 

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data, pricing associated with fast-start resources, granularity of settlement intervals,
new products to incentivize flexibility, operating reserve zones, uplift cost allocation,
market and modeling enhancements, shortage pricing, transient shortage events,
and interchange uncertainty.  The scope of these questions involves significant
elements of how pricing formation occurs in organized markets and what
opportunities exist for operators to enhance modeling, market rules, and the
transparency of information affecting prices.  The effort to respond to these
questions requires coordination among multiple subject matter experts and involves
a significant amount of material discussed at three full-day technical workshops.
Currently, independent system operators and regional transmission
organizations are also developing fuel assurance reports to submit to the
Commission.2  These reports are due February 18, 2015, one day before comments
are due in this docket.   In light of the broad scope of issues raised by the
Commission’s questions and competing work to respond to Commission directives
in other dockets, the Commission should grant the motion of the American Public
Power Association, the Electric Power Supply Association, and National Rural
Electric Cooperative Association requesting a 15 day extension of time, up to and
including March 6, 2015, for interested parties to file comments concerning
technical workshops held last year in this proceeding.

 

 

Dated: February 2, 2015Respectfully submitted

 

 

 

 

 

2Centralized Capacity Markets in Regional Transmission Organizations and Independent System

Operators, 149 FERC ¶ 61,145 (2014).

 

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/s/  Anna A. McKenna

Roger Collanton, General Counsel
Anna A. McKenna, Asst. General Counsel.

California Independent System
Operator Corporation

250 Outcropping Way Folsom, CA  95630

amckenna@caiso.com

 

 

/s/  Craig Glazer

Craig Glazer, VP-Federal Gov’t. Policy
Robert Eckenrod, Asst. General Counsel

PJM Interconnection, LLC

1200 G Street, NW Suite 600

Washington, DC  20005

Craig.Glazer@PJM.COM

 

 

/s/  Stephen G. Kozey

Stephen G. Kozey, Vice President,
Gen. Counsel, Legal & Compliance
Services

Midcontinent Independent System
Operator, Inc.

P.O. Box 4202

Carmel, IN  46082-4202

stevekozey@misoenergy.org


 

 

 

/s/  Carl F. Patka

Robert E. Fernandez, General Counsel
Carl F. Patka, Assistant General Counsel

Garrett E. Bissell, Senior Attorney
Raymond Stalter, Director, Reg. Affairs

New York Independent System Operator,
Inc.

10 Krey Boulevard
Rensselaer, NY  12144

cpatka@nyiso.com

 

/s/  Mike Riley

Paul Suskie, Executive Vice President-
Regulatory Policy & General Counsel
Mike Riley, Assoc. General Counsel

Southwest Power Pool, Inc.

201 Worthen Drive
Little Rock, AR  72223

michael.b.riley@spp.org

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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CERTIFICATE OF SERVICE

I hereby certify that I have served the foregoing document upon all of the parties listed on the official service lists for the above referenced proceedings, in accordance with the requirements of Rule 2010 of the Commission’s Rules of Practice and Procedure (18 C.F.R. § 385.2011).

Dated at Folsom, California this 2nd day of February 2015.

 

 

/s/ Anna Pascuzzo

Anna Pascuzzo