epsa regulatory affair conference 2006
DESCRIPTION
EPSA REGULATORY AFFAIR CONFERENCE 2006. Washington, DC October 25, 2006. Garry Brown Vice President, External Affairs New York ISO. NYISO Overview. NYISO was formed December 1, 1999. Utility generation divestiture rate makes it one of the most divested markets in nation. - PowerPoint PPT PresentationTRANSCRIPT
EPSA REGULATORY EPSA REGULATORY
AFFAIR CONFERENCEAFFAIR CONFERENCE 20062006
Washington, DCWashington, DC
October 25, 2006October 25, 2006
Garry BrownGarry BrownVice President, External AffairsVice President, External Affairs
New York ISONew York ISO
2
NYISO OverviewNYISO Overview
NYISO was formed December 1, 1999.
Utility generation divestiture rate makes it one of the most divested markets in nation.
NYISO market volume - $11 billion in 2005 and over $40 billion since inception.
Unique challenge: New York City is one of the world’s biggest and most complex load pockets. It is also a world finance and communications capital.
3
Ontario IESO
27,005 MW*
Hydro Quebec34,850 MW*
ISO - New England28,021 MW*
New York ISO33,939 MW*
PJM / PJM West131,330 MW*
PJM144,796 MW* * = Peak load
Located at a CrossroadsLocated at a Crossroads
4
NYISO’s MarketsNYISO’s Markets♦ Energy: Real-Time and Day-Ahead (based on LBMP)♦ Ancillary Services: RT and DA
♦ Co-optimized with energy in both RT and DA♦ Spinning and non-spinning reserves with scarcity pricing♦ Regulation
♦ Installed Capacity (ICAP) – locational markets♦ Transmission Congestion Contracts (TCCs)♦ Virtual trading for both supply and demand♦ Demand Side Resources may participate in the energy and
capacity markets (ancillary services under development)
NYISO also offers several Cost-Based Products: Voltage Support Black Start
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Megawatts of New Generation*Megawatts of New Generation* by NYISO Zone 1999 thru 2005by NYISO Zone 1999 thru 2005
* Built or Under Construction
A C
33 MW
D
210 MW
F
IJ
H
B
E
G
K
43 MW
7 MW1,715 MW
2,143 MW 801 MW
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TransmissionTransmissionNew Transmission Lines (Proposed or Operational)
Con Ed Upgrades
CSC(330 MW)
(660 MW)
Neptune
7
.
.
EFORd 1994-2005*
0
2
4
6
8
10
12
14
16
1994 1995 1996 1997 1998 1999 2000 * 2001 2002 2003 2004 2005
EF
OR
d %
EFORd
*NOTE: All units were not required to provide GADS data prior to 2000. 1999 Reporting Capacity - 22,190 MWH vs. 2004 Reporting Capacity - 34,011 MWH
EFORdEFORd
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Managing Higher PeaksManaging Higher PeaksIncreased Regional Communication and Generation AvailabilityIncreased Regional Communication and Generation Availability
NY Historic Peak Loads
Year Peak Load (MW’s)
1996 25,578
1997 28,700
1998 28,166
1999 30,311
2000 28,136
2001 30,983
2002 30,664
2003 30,333
2004 28,433
2005 32,075
2006 33,295 forecasted
2006 33,939 actual
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Load/Demand Response ProgramsLoad/Demand Response ProgramsSpecial Case Resources & Emergency Demand Response ProgramsSpecial Case Resources & Emergency Demand Response Programs
Estimated performance by Zone:
A – 328 MW (300 MW SCR, 28 MW EDRP)
B – 60 MW ( 59 MW SCR, 1 MW EDRP)
C – 94 MW ( 80 MW SCR, 14 MW EDRP)
J – 429 MW (334 MW SCR, 95 MW EDRP)
K – 261 MW (174 MW SCR, 87 MW EDRP)
1172 MW Total Load Reduction
August 2, 2006 - SCR and EDRP resources were activated in Zones J&K 1 pm to 7 pm, and Zones A, B &C 2 pm to 7 pm.
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28000
29000
30000
31000
32000
33000
34000
35000
36000
12:0
012
:10
12:2
012
:25
12:3
612
:50
13:0
013
:10
13:2
013
:22
13:3
513
:45
13:5
514
:05
14:1
514
:20
14:2
614
:29
14:4
014
:50
15:0
015
:10
15:2
015
:30
15:4
015
:50
16:0
016
:10
16:1
316
:25
16:3
516
:45
16:5
517
:05
17:1
517
:25
17:3
517
:45
17:5
518
:05
18:1
518
:25
18:3
518
:45
18:5
519
:05
19:1
519
:25
19:3
519
:45
19:5
520
:05
20:1
5
MW
8/2 NYCA 8/2 NYCA no DR
8/2 NYCA Load8/2 NYCA LoadEffect of Demand Response Added BackEffect of Demand Response Added Back
Total 1172 MW
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< 6
=> 6 to <8
=> 8 to <10
=>10 to <12
=>12 to <14
=>14
Retail ¢/kWh and Percent Coal GenerationRetail ¢/kWh and Percent Coal Generation
¢ ¢ = average retail price ¢¢/kWh 1/06 – 7/06
% = percent coal generation 1/06 – 7/06
Source: Energy Information Administration
8.5¢¢39%39%
7.0¢¢55%55%
7.7¢¢64%64%
10.2¢¢36%36%
7.4¢¢87%87%
5.2¢¢95%95%
6.7¢¢57%57%
8.4¢¢41%41%
9.2¢¢24%24% 6.0¢¢
93%93%7.8¢¢72%72%
5.9¢5.9¢61%61%
6.4¢¢45%45%
5.9¢¢94%94%
5.8¢5.8¢4%4%
6.4¢¢41%41%
12.6¢12.6¢ 1%1%
5.0¢¢ 1%1%
6.9¢6.9¢70%70%
7.3¢¢49%49% 4.5¢¢
46%46%
6.3¢¢85%85%
7.6¢¢76%76%
6.9¢6.9¢62%62%
8.0¢¢66%66%
7.0¢¢47%47%
6.5¢¢95%95%
7.7¢¢86%86%
6.8¢6.8¢48%48%
7.5¢¢60%60%
7.0¢ 64%¢ 64%
5.3¢¢92%92%
6.9¢¢39%39%
10.4¢¢ 29%29%
8.6¢¢55%55%
13.5¢¢ 16%16%
10.9¢¢ 2%2%
MA 15.4¢¢ 24%24% CT 14.3¢¢ 12%12%NH 14.2¢¢ 17%17%RI 14.1¢¢ 0% 0%VT 11.5¢ ¢ 0% 0%NJ 11.3¢¢ 17%17%MD 8.9¢¢ 60%60%DE 8.8¢¢ 71%71%8.2¢¢
25%25%
5.0¢¢98%98%
8.3¢¢61%61%
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Competitive MarketsCompetitive Markets Efficiency
Innovation
Risk Shifting