Day-Ahead LBMP Calculation Procedures Sample Clauses

Day-Ahead LBMP Calculation Procedures. LBMPs in the Day-Ahead Market are calculated using five passes. The first two passes are commitment and dispatch passes; the last three are dispatch only passes. Pass 1 consists of a least cost commitment and dispatch to meet Bid Load and reliable operation of the NYS Power System that includes Day-Ahead Reliability Units. It consists of several steps. Step 1A is a complete Security Constrained Unit Commitment (“SCUC”) to meet Bid Load. At the end of this step, committed Fixed Block Units, Imports, Exports, Virtual Supply, Virtual Load, Demand Side Resources and non-Fixed Block Units are dispatched to meet Bid Load with Fixed Block Units treated as dispatchable on a flexible basis. For mitigation purposes, LBMPs are calculated from this dispatch. Following Step 1A, SCUC tests for automated mitigation procedure (“AMP”) activation. If AMP is activated, Step 1B tests to determine if the AMP will be triggered by mitigating offer prices subject to mitigation that exceed the conduct threshold to their respective reference prices. These mitigated offer prices together with all originally submitted offer prices not subject to automatic mitigation are then used to commit generation and dispatch energy to meet Bid Load. This step is another iteration of the SCUC process. At the end of Step 1B, committed Fixed Block Units, Imports, Exports, Virtual Supply, Virtual Load, Demand Side Resources, and non-Fixed Block Units are again dispatched to meet Bid Load using the same mitigated or unmitigated Bids used to determine the commitment to meet Bid Load, with Fixed Block Units treated as dispatchable on a flexible basis. For mitigation purposes, LBMPs are again calculated from this dispatch. The LBMPs determined at the end of Step 1B are compared to the LBMPs determined at the end of Step 1A to determine the hours and zones in which the impact test is met. In Step 1C, generation offer prices subject to mitigation that exceed the conduct threshold are mitigated for those hours and zones in which the impact test was met in Step 1B. The mitigated offer prices, together with the original unmitigated offer price of units whose offer prices were not subject to mitigation, or did not trigger the conduct or impact thresholds, are used to commit generation and dispatch energy to meet Bid Load. This step is also a complete iteration of the SCUC process. At the end of Step 1C, committed Fixed Block Units, Imports, Exports, virtual supply, virtual load, Demand Side Resources, and non...
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Related to Day-Ahead LBMP Calculation Procedures

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