sasm as offers jeff gilbertson market analyst qse managers working group 7/1/2013
DESCRIPTION
SASM AS Offers Jeff Gilbertson Market Analyst QSE Managers Working Group 7/1/2013. SASM Clearing History - 2013. Observations. Per hour, requirement typically < 50 MW SASMs in February, March, and April with zero awards. SASM AS Offers. SASM AS Offers. Adjustment Period. - PowerPoint PPT PresentationTRANSCRIPT
SASM AS Offers
Jeff GilbertsonMarket Analyst QSE Managers Working Group7/1/2013
SASM AS Offers7/1/2013 2
Observations• Per hour, requirement typically < 50 MW
• SASMs in February, March, and April with zero awards
SASM Clearing History - 2013
SASM ID AS TYPE # HoursReq Qty (MWh)
Award Qty (MWh) Insufficiency SASM ID AS TYPE
# Hours
Req Qty (MWh)
Award Qty (MWh) Insufficiency
1/9/2013 7:04 REGDN 4 46.7 46.2 0.5 2/8/2013 10:28 REGDN 9 891.8 781.6 110.2
1/13/2013 2:45 NSPIN 7 709 708 1 2/8/2013 10:28 REGUP 9 1199.7 918.8 280.9
1/15/2013 13:23 REGDN 6 600 183 417 2/8/2013 10:28 RRS 9 1416 0 1416
1/15/2013 13:23 REGUP 7 842 187.6 654.4 2/10/2013 23:30 REGDN 10 92.3 66.2 26.1
1/15/2013 13:23 RRS 2 324 6.9 317.1 2/10/2013 23:30 REGUP 1 5.2 5.2 0
1/28/2013 18:14 RRS 3 140.4 140.4 0 2/19/2013 15:21 RRS 6 103.2 100.7 2.5
1/29/2013 2:35 REGDN 3 78.6 78.6 0 2/19/2013 22:29 RRS 23 365.6 317.4 48.2
1/29/2013 2:35 RRS 6 225.8 225.8 0 3/12/2013 18:45 REGDN 6 150 0 150
1/29/2013 13:28 REGDN 4 104.8 104.8 0 3/12/2013 18:45 REGUP 6 60 0 60
1/29/2013 13:28 RRS 7 280 280 0 3/25/2013 14:22 REGDN 2 52.4 0 52.4
1/30/2013 0:35 REGDN 7 148 148 0 4/15/2013 11:23 REGDN 9 306.7 0 271.7
1/30/2013 0:35 REGUP 1 17.4 17.4 0 5/6/2013 23:30 REGDN 7 35 35 0
1/30/2013 0:35 RRS 2 32.1 32.1 0 5/6/2013 23:30 RRS 3 120 120.1 -0.1
1/30/2013 22:34 REGDN 7 80.9 80.9 0 5/25/2013 3:26 RRS 1 97 55.4 41.6
1/31/2013 2:25 REGDN 4 36.2 36.2 0 5/25/2013 22:26 RRS 12 431.3 430.6 0.7
1/31/2013 2:25 RRS 1 46.7 46.7 0 6/22/2013 21:20 REGUP 24 360 124.3 235.7
6/22/2013 21:20 RRS 16 96 96 0
SASM AS Offers7/1/2013 3
SASM AS Offers
SASM AS Offers7/1/2013 4
SASM AS Offers
DAM DAM Awards
Expiring AS Offers
Adjustment Period
SASM AS Offers7/1/2013 5
SASM AS Offers
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Observations• Most AS Offers expire or are canceled by the start of the Adjustment Period
• Until recently, often there were zero AS Offers for Regulation Up/Down(just Regulation Up since mid-May)
Charge for Failure to Provide• Max(MCPC)m * FQ
• FQ = Failure Quantity m = DAM and all SASM markets for that hour
• Charge applies regardless of SASM execution or SASM award quantity
SASM AS Offers