Title: Reliability Deployment Price Adder Fix to Provide Locational Price Signals, Reduce Uplift and Risk
Date Posted: 12/07/2023
Status: Pending
Description: This Nodal Protocol Revision Request (NPRR) revises the Real-Time On-Line Reliability Deployment Price Adder (RTRDPA) to: send appropriate locational price signals to avoid counterproductive Load and Resource responses to RTRDPA price signals under Real-Time Co-optimization (RTC); limit Resource payment to the actual “indifference payment” (consistent with its definition), thereby reducing associated uplift by eliminating the future need for RTRDPA payments to Resources that exacerbate constraints and eliminating payments to available capacity not requiring an indifference payment; eliminate any future need for the Ancillary Service Imbalance Payments or Charges (ASIP/C) type of indifference payment associated with RTRDPA, thereby reducing the risk associated with providing Ancillary Services; provide Resources an indifference payment under RTC to eliminate the potentially large incentive to ignore Base Point instructions that would likely cause serious reliability issues; and provide a stronger locational price signal around Resources committed by the Reliability Unit Commitment (RUC) process or other reliability actions for congestion, thereby reducing RUC Make-Whole Payment-related charges and uplifts and appropriately compensating impacted Qualified Scheduling Entities (QSEs).