attachment - ftc presentation
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TRANSCRIPT
Facilitated Transaction Checkout
Improving Operational Efficiency
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Outline
Why Facilitated Transaction Checkout (FTC)?
What is Facilitated Transaction Checkout? Operational Benefits Displays Technology Considerations Implementation Status Questions
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Why Facilitated Transaction Checkout ?
The Northeast Market Operators are having increasing problems performing inter-control area checkout in real-time Each market is prone to having its own
unique rules and timelines for clearing external transactions
The volume and complexity of transactions significantly increased time required for manual checkout
Marketers were learning how to arbitrage the markets
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Why Facilitated Transaction Checkout ?
These problems increase the likelihood of real-time discrepancies in inter-control area schedules affecting transaction data accuracy.
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What is Facilitated Transaction Checkout ?
A tool for data exchange to support real-time transaction checkout
Each Control Area provides a “service” that enables neighboring CAs to view their current transaction stack prior to verbal checkout
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What is Facilitated Transaction Checkout ?
Individual Control Areas can integrate this data into their existing displays to meet the unique needs of their Operators
Changes made on FTC ‘screen’ seamlessly carry into current scheduling software
Supplemental data (e.g Ramp info) may be added for one Control Area and available for all without it being required for all.
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Current implementation allows Neighboring Control Area to compare, in real-time, transaction information for scheduling on common interfaces Tag ID MW value
What is Facilitated Transaction Checkout?
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Seamless integration for all markets that require the NERC E-tag as a common identifier Physical or Financial transmission Schedule or Tag based markets
What is Facilitated Transaction Checkout?
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System Operator Benefits Operators can improve overall efficiency in
real-time Streamline communication between Operators
thereby reducing overall checkout time Allow the Operator to focus on the discrepancies
in transaction schedules between Control Areas Flexible enough to allow the Operator to access
transaction schedules for future hours Results in fewer failed transactions Reduced administrative burden allows more time
for System Operators to operate the system
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Additional Benefits No requirement for changing Market
Rules Business as usual up to the point of inter-
control area checkout The ‘Markets’ continue to independently
clear transactions for next hour Provides a solution for moving towards
15 minute transaction scheduling
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Additional Benefits Financial Benefits
Open Architecture (free code sharing) No monthly fee or upgrade costs to third
party Total Project cost is limited to internal
development time and server costs (45 to 60K US dollars)
Project Costs are quickly recovered with reductions in ‘additional’ staff required for checkout
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Time Savings Utilizing FTC
Control Area
Manual Checkout
FTC* Time Savings
HQTE 10 – 40 minutes 5 – 20 minutes As much as 20 minutes / hour with full implementation
IMO 40 minutes 1 min. each with NYISO, HQ
20 minutes / hour each with NYISO, HQ
ISO-NE 10 – 20 minutes 2 minutes 8 - 18 minutes / hour with full implementation
NB / NS Under review
NYISO 15 – 25 minutes 10 minutes As much as 15 minutes / hour with full implementation
MISO Under review
PJM Under review
*Based on production or test usage
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Displays
ISO New England view into New York
Transactions
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15:16:32NY Checkout ready
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15:17:09Checkout Complete
35 seconds
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NYISO CA View
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IMO CA View
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HQT CA View
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Technology Requirements
Must be standards based Technology independent Cost effective implementation Scalable for other collaboration
efforts Secure information transfer
Led to a “Service Oriented” approach
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Service Oriented Architecture
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Established a repeatable, collaborative process Model Driven Integration (MDI)
Driven by the CIM and the NERC Functional Model Standards-based messages and predictable processes
Efficiency gains will minimize cost and accelerate schedule going forward
Implemented a scalable Web Services Architecture for Control Area data exchange Can be leveraged for future initiatives Will maximize return on investment
Technology Benefits
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Best Practice Technology
Drafting the Service-Oriented Architecture BlueprintGestalt - Energy Excerpts Volume 1 issue 3
“It is this need for better data flow between members of the utility grid that is driving the migration to an SOA [service-oriented architecture] and Web Services. If every power system operator, independent system operator and regional transmission organization implemented Web Services, the opportunity for efficient data sharing would be increased.”
The entire article can be found at: http://www.rsvpnow.com/gestalt/gnl.asp?id=265&nlid=12
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Implementation Status - NPCC
HQTE Checkout Service and Control Room Integration: Testing with
ISO-NE IMO
Checkout Service and Control Room Integration: In service Utilizing NY checkout service in production.
ISO-NE Checkout Service and Control Room Integration: In service Utilizing NY checkout service in production. Testing with
HQTE NB / NS
Checkout Service and Control Room Integration: Expected in-service in spring 2005.
NYISO Checkout Service: In service Control Room Integration: Deployment scheduled for early
2005 to follow SMD2 implementation.
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Implementation Status - Other
MISO Checkout Service and Control Room Integration: Expected in-
service in early 2005. PJM
Under review.
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Questions?
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Contact Information General Questions
Jim Hartwell [email protected] 212-840-4904
Operational / Scheduling Questions Mike Zeoli [email protected] 413-535-4349
Technical Questions Michael Martin [email protected] 518-356-7617