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Validating CAISO EIM Settlement Charges for Merchant & BA Groups in Western EIM Market 2019

Mon, February 11 - Tue, February 12, 2019 Newport Beach, California
Renaissance Newport Beach Hotel 4500 MacArthur Blvd Newport Beach, California 92660 United States +1 949-476-2001

About Validating CAISO EIM Settlement Charges for Merchant & BA Groups in Western EIM Market 2019

VALIDATING CAISO EIM SETTLEMENT CHARGES FOR MERCHANT & BA GROUPS IN WESTERN EIM MARKET, NEWPORT BEACH, FEBRUARY 11-12, 2019

Many EIM market participants would like to better understand the CAISO EIM settlement charge codes for both Merchant and BA groups, connect the dots between front-office bidding strategies and settlement results, and visualize how settlement results can drive profits for their merchant portfolio (Participating Resources) and charges for their BA portfolio (Loads, Interties, and Non-participating Resources).  In the workshop, you will learn how settlement results can be used as a strategic tool to validate EIM settlement statements and invoices, identify settlement errors, submit settlement disputes, compute profits & losses, provide feedback on the effectiveness of bidding strategies, and maximize the bottom-line profits for your assets in the Western EIM Market.   The workshop will also provide best practices for your back-office group in the areas of meter validation, shadow settlements, dispute management, and month-end closing. 

 The seminar covers the following “hot” issues:

  • What are the main objectives for the Western EIM market?
  • What are the lessons learned for operating generating assets, loads, and interties in the EIM market?
  • What are the key settlement charge codes for your merchant portfolio (participating resources) and your BA group (non-participating resources, loads, and interties) in the EIM market?
  • How does the front-office bidding workflow impact settlement charges in the EIM market?
  • How can you use master-file data and LMPs to validate 15-minute and 5-minute market awards?
  • How can you validate the 3 main EIM imbalance-energy charges for your participating resources?
  • What is the impact of base schedules on EIM imbalance-energy charges?
  • Why does CAISO need flexible reserves?
  • How does CAISO pay resources for providing flexible reserves?
  • How can you validate the CAISO flexible-ramp payments for resources?

 

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