Standard Market Design and RTO Development
·
Standard
Market Design
o What’s interaction of SMD
and Western RTO proposals?
§
Nature
of spot energy market and how it fits with RTO West proposal
o How do bid-based markets in
the SMD relate to economic dispatch of Western generation resources today
o What’s the link between
honoring long-term contracts and the robustness of the market
·
RTO
development
o Would FERC consider
structures other than RTOs?
§
For
example, if costs/benefits for RTO West are not positive, will FERC entertain
alternatives to an RTO?
o Geographic scope of western
RTOs
o Governance of RTOs
§
Single
standard for all RTOs?
o How will the
participation/non-participation of public power entities (e.g., BPA) affect
FERC’s decision on Western RTOs?
§
RTO
West won’t work without BPA
o What’s role of states in
reviewing modifications of RTOs?
§
Filing
Proceedings
o Suggest that FERC rule on
the entire filing rather than proceeding in a piecemeal manner. WA opposes telling FERC that it should make
an all or nothing ruling. Need to
evaluate RTO West filing first; standard market design should come later.
§
Northwest
Hydropower and no history of a tight power pool
o Point out the Pacific
Northwest is unique. Because of this,
the congestion management is a blend between what works in the Northwest and
the PJM system.
§
RTO
West Options
o Point out that RTO West has
a system of options (FTO’s), rather than obligations, to deal with existing
contracts and their participation in the congestion management system.
§
RTO
West should not have day-ahead energy market and FERC should support balanced
schedules
§
Need
to protect existing transmission contracts
CA
ISO
§
Low
hanging fruit
o Market Monitoring
o Coordinate transmission
expansion planning across RTO groups
o Price reciprocity
o Common systems interface
committee
§
Common
FTR systems and optimization
§
FERC
shouldn’t cherry pick the RTO proposals