Enron Mail

From:owner-nyiso_tech_exchange@lists.thebiz.net
To:market_relations@nyiso.com, nyiso_tech_exchange@global2000.net
Subject:Re: NYPA study-Winter Locational ICAP requirements
Cc:
Bcc:
Date:Thu, 26 Apr 2001 14:38:00 -0700 (PDT)

"Stephen Fernands" <srfernands@cesolution.com< writes to the
NYISO_TECH_EXCHANGE Discussion List:

Studies...We just want out April 2000 True Up Bills.
Please.
Stephen Fernands
Consultant
AES NewEnergy

----- Original Message -----
From: <Tom.May@enron.com<
To: <nyiso_tech_exchange@global2000.net<
Sent: Wednesday, April 25, 2001 1:21 PM
Subject: RE: NYPA study-Winter Locational ICAP requirements


<
< Tom.May@enron.com writes to the NYISO_TECH_EXCHANGE Discussion List:
<
<
< I would like to pay the NYISO to conduct a study for me on the price
impact
< of the transmission outages planned each day. Since I would be paying for
< this, I wouldof course be entitled to get the results one day in advance
of
< all other market participants. The ISO would of course be free to release
< the results to the rest of the marketplace just following the release of
< the day ahead results each day. This would ultimately be in the best
< interests of the marketplace since I would immediately arbitrage the daily
< market to the correct prices and thereby increase efficiency. Upon
review,
< all would be amazed at just how efficient the marketplace has become based
< upon how accurate it was at predicting settlement prices.
<
< Tom May
< Enron
<
<
<
<
< "Gantner, Craig" <craig.gantner@nrgenergy.com<@lists.thebiz.net on
< 04/25/2001 06:33:59 AM
<
< Please respond to market_relations@nyiso.com
<
< Sent by: owner-nyiso_tech_exchange@lists.thebiz.net
<
<
< To: "'market_relations@nyiso.com'" <market_relations@nyiso.com<,
< nyiso_tech_exchange@global2000.net
< cc:
<
< Subject: RE: NYPA study-Winter Locational ICAP requirements
<
<
< "Gantner, Craig" <craig.gantner@nrgenergy.com< writes to the
< NYISO_TECH_EXCHANGE Discussion List:
<
< If I read Mr. Palazzo's message correctly, the ISO is acting as a paid
< consultant doing contract work for NYPA?
<
< Now I am starting to share some of Roy's discomfort.
<
< Not only does this call into question the objectivity of such contracted
< studies, it also offers some insight into the inability for non-paying
< participants to get their technical issues addressed by the ISO.
< Craig Gantner
< NRG Power Marketing
<
< -----Original Message-----
< From: Palazzo, William [mailto:William.Palazzo@nypa.gov]
< Sent: Wednesday, April 25, 2001 6:17 AM
< To: 'market_relations@nyiso.com'; nyiso_tech_exchange@global2000.net
< Subject: RE: NYPA study-Winter Locational ICAP requirements
<
<
<
< "Palazzo, William" <William.Palazzo@nypa.gov< writes to the
< NYISO_TECH_EXCHANGE Discussion List:
<
< In response to Roy's comments. NYPA is paying for all the work conducted
< by
< the ISO staff. NYPA defined the study objective and all the ISO staff did
< was conduct the MARS studies and document the results in the write-up we
< provided to the tech exchange.
<
< -----Original Message-----
< From: Roy J. Shanker [mailto:royjshanker@worldnet.att.net]
< Sent: Tuesday, April 24, 2001 7:35 PM
< To: market_relations@nyiso.com; nyiso_tech_exchange@global2000.net
< Subject: RE: NYPA study-Winter Locational ICAP requirements
<
<
<
< "Roy J. Shanker" <royjshanker@worldnet.att.net< writes to the
< NYISO_TECH_EXCHANGE Discussion List:
<
< As a separate item to the concerns I had about the technical content, I
was
< a little confused on what was done here administratively. The last
< paragraph
< says something about NYPA sharing the study. I didn't think they had
< anything at all to say about it in the first place if it is an ISO work
< product. If they do, could you explain why this is the case? If the ISO
did
< this, why wasn't this all posted on the OASIS at the same time NYPA got
< this? The date on this shows a March 26 release. Ignore these comments if
< this was done, but I wasn't aware of this.
<
< I am more than a little uncomfortable with a single market participant
< having a month's lead time on ISO studies that can have significant
< commercial impact. Think about the implications of this in the context of
< people negotiating long term bi lateral ICAP agreements over the last
< month.
< Depending on your take on the type of market changes that this type of
< analysis might support, there could be enormous changes to the economics
of
< seasonal versus annual agreements, choice of equipment etc. This simply
< isn't fair. Even if posted, this type of work by the ISO that can have
< large
< potential commercial impacts should go out on all of the distributions at
< the same time as release to anyone and OASIS posting.
<
< Roy J. Shanker
< 9009 Burning Tree Road
< Bethesda, MD 20817
< 301-365-3654
< 301-365-3657 FAX
< royjshanker@worldnet.att.net
<
< -----Original Message-----
< From: owner-nyiso_tech_exchange@lists.thebiz.net
< [mailto:owner-nyiso_tech_exchange@lists.thebiz.net]On Behalf Of Palazzo,
< William
< Sent: Monday, April 23, 2001 3:42 PM
< To: 'nyiso_tech_exchange@global2000.net'
< Subject: NYPA study-Winter Locational ICAP requirements
<
< At NYPA's request ISO staff conducted a limited analysis
of
< the winter locational ICAP requirements for Long Island and New York City
< areas. While such ICAP requirements have historically been set as a
single
< number for the entire year, it is NYPA's belief that this holdover from
the
< old way of doing business must be re-examined. It is NYPA's belief that
< most if not all of the contribution to loss of load risk occurs in the
< summer months. As such, some reduction in winter ICAP requirements should
< be possible with no impact on the Loss of Load criterion of one day in ten
< years.
<
< NYPA requested that the ISO start with the database that
< resulted in the locational requirements of 80% and 98% for New York City
< and
< Long Island, respectively. At NYPA's request the ISO modeled winter
< ratings on the transmission interfaces into NYC and LI and determined how
< much the 80% and 98% could be reduced in the winter before any impact on
< the
< statewide Loss Of Load occurred. The report indicates that winter
< requirements of 75% and 92% of the summer peak load resulted for NYC and
< LI,
< respectively.
<
< While this in no way reflects an exhaustive analysis of winter
< locational requirements, the results from this study suggest that some
< reduction in the winter requirement may be warranted and a
< consideration of seasonal requirements should be incorporated in future
< ICAP
< requirement studies. NYPA believes that having an ICAP requirement
< for summer and winter seasons based on the LSE's peak load for the
< respective season would send the proper ICAP price signal.
<
<
< NYPA is sharing the study results in the attached report
in
< an effort to begin a dialog which we hope will lead to a broader
< examination
< of locational requirements when the issue is revisited again next year.
We
< would appreciate hearing the views of other market participants.
<
< <<NYPA_LR_wint.PDF<< <<TRAN_SYS_001129.PDF<<
<
<
<
<
<