This working group provides a forum where market participants and other stakeholders can raise and discuss concerns and issues related to price determination in the IESO-administered markets.
Detailed stakeholder advice will be solicited on specific changes or enhancements that are planned or contemplated to address pricing issues and concerns.
Stakeholders can provide input through membership in the Working Group or by communicating to the IESO through its dedicated consultation line (905-403-6931)
or e-mail
.
General information or material whose closure date for comment has passed is posted under
Please note that the written descriptions of the Pricing Issues available here under the "Supporting Material"
section for each meeting are draft documents only. They may be incomplete and/or contain inaccuracies and will
be completed and corrected in future versions. When the Pricing Issue papers created by the Market Pricing Working
Group are finalized, they will be made available on this web page.
| Meeting Date/Agenda/Notes |
Supporting Material |
| December 8, 2009 |
|
| October 27, 2009 |
|
| August 25, 2009 |
|
| June 2, 2009 |
|
| April 7, 2009 |
|
| February 3, 2009 |
|
December 2, 2008
Agenda (Draft) |
Item 1: Administration
• Item 1b: Draft Notes from MPWG Meeting 52
• Item 1c: Action Items
• Item 1d: Final Meeting Schedule for 2009
Item 2: Issue 9 - Peak vs. Average Pre-Dispatch Demand Forecast
• Presentation
• Towards an IESO Decision Criteria
• Stakeholder Comments Decision Criteria
Item 3: Issue 13 - Control Action Operating Reserve
• Stakeholder Feedback and IESO Response
• Work Plan v1.0
Item 4: Issue 7 - Intertie Transactions Setting Real-Time Price
• Western Climate Initiative
• Presentation (IESO)
• Presentation (OPG)
Item 5: Commissioning Generation
Item 6: 2009 MPWG Priorities
Item 7: Other Business
• Item 7c: October 2008 Pricing Events Report
• Item 7b: Operational Issues Surplus Baseload Generation
• Presentation (IESO)
• Presentation (Bruce Power)
|
October 29, 2008
Agenda (Revised)
Notes (Final) |
Item 1: Administration
• Item 1d: Proposed 2009 Meeting Schedule
Item 2: Issue 9 - Peak vs. Average Pre-Dispatch Demand Forecast
• Presentation
• Cost-Benefit Analysis and Relevant Decision Criteria
• Off-Coal Analysis
• A Microeconomic Policy Perspective of IESOs Pre-Dispatch Forecasting Proposal (Peter G.C. Townley)
• Peter G.C. Townley - Curriculum Vitae
Item 3: Issue #13 Control Action Operating Reserve
• Presentation
• Description Paper
• CAOR Options
Item 4: Issue 40 - Locational Pricing for Intertie Transactions
• Cover Memo
Comments from Stakeholders
• Bruce Power
• Manitoba Hydro
• Sithe Cardinal
• Ontario Power Generation
Item 5: Issue 7 - Intertie Transactions Setting Real-Time Price
Item 6: Issue 4 - Ramp Rate in Real-Time Unconstrained Sequence
• Analysis of Ramp Rate Impacts
• Presentation Ramp Rate Analysis
Item 7: 2009 MPWG Priorities
Item 8: Operating Reserve Policy Review
Item 9: Other Business
• Item 9b: August and September 2008 Pricing Events Reporting
• Item 9c: Review of Forward Agenda
|
| September 25, 2008 |
Meeting Cancelled |
August 19, 2008
Agenda (Final)
Meeting Notes (Final)
|
Item 1: Administration
• Item 1c: Action Items
• Item 1d: Inadvertent Use of 1x Ramp Rate
• Item 1d: Day-Ahead Price Forecast
Item 2: Issue 9 - Peak vs Average Pre-Dispatch Demand Forecast
• Presentation
• Additional Analysis
• Response to Stakeholder Comments
Item 3: Issue 39 - Inter-market Trading of Operating Reserve
• Final Recommendation
• Presentation
Item 4: Issue #40 - Locational Pricing for Intertie Transactions
• Presentation
• Issue Description Paper
Item 5: Issue 13 - Control Action Operating Reserve
• Presentation
• Item 5a: Proposal to Remove CAOR from Pre-Dispatch
• Item 5b: Issue Description Paper
Item 6: Transmission Rights Market Review
• Presentation
Item 7: Other Business
• Item 7b: May, June and July 2008 Pricing Events Report
• Item 7c: Forward Agenda
|
| July 24, 2008 |
Meeting Cancelled |
June 5, 2008
Agenda (Final)
Meeting Notes (Final) |
Item 1: Administration
• Item 1c: Action Items
Item 2: Issue #9 - Peak vs. Average Pre-Dispatch Demand Forecast
• Bruce Power Comments
• Ontario Power Generation Comments
• IESO Response to Stakeholder Feedback - Presentation
Item 3: Issue 39 - Inter-Market Trading of Operating Reserve
• Stakeholder Comments on MPWG Issue 39
Item 4: Analysis of Impact of Change to 3x Ramp Rate
Item 5: Review of Status of Issues Placed on Hold Pending Decision on Day-Ahead Forecast of Real-time HOEP
• Issues 1 and 30 Memo
• Issue 1 Description Paper
• Issue 30 Description Paper
Item 6: Other Business
• Item 6b: April 2008 Pricing Events Report
• Item 6c: Forward Agenda |
May 16, 2008
Agenda (Final)
Meeting Notes (Final)
|
Item 2: Issue #9 - Peak vs Average Pre-Dispatch Demand Forecast
• Memo
• Presentation - Results of Analyses
Item 3: Issue #39 - Inter-market Trading of Operating Reserve
Item 4: Integration of OPA Demand Response 3 program
• Presentation
• Program Rules
• Contract
Item 5: Other Business
• Item 5b: February and March 2008 Pricing Events Reporting
|
| April 10, 2008 |
Meeting Cancelled |
March 6, 2008
Agenda (Final)
Meeting Notes (Final)
|
Item 1: Administration
• Item 1c: Review of Action Items
• Item 1d: Updates MPWG Meeting Schedule
Item 2: OPA Demand Response Programs
Item 3: Issue #39 Inter-market Trading of Operating Reserve
• Summary
• Description Paper
• Presentation
Item 4: Other Business
• Item 4b: Review of January 2008 Pricing Events
• Item 4c: Review of Issues Tracking Memo
• Item 4c: Forward Agenda
|
February 7, 2008
Agenda (Final)
Meeting Notes (Final)
|
Item 1: Administration
• Item 1c: Issue #16 - LMP SE-25 Update
Item 2a: 2008 MPWG Priorities and Performance Measures
Item 3: Issue #9 - Peak vs. Average Pre-Dispatch Demand Forecast
Item 4: Issue #38 - Shared Activation of Reserve
Item 5: Day-Ahead Forecast of RT HOEP
Item 6: Issue #5 - Simultaneous use of Ramping for Energy and Operating Reserve
• Presentation
• Paper
Item 7b: Review of November and December Pricing Events
• Presentation
Item 7c: Review of Issues Listing
• Forward Agenda
Item 8: Review of Market Surveillance Panel Market Monitoring Report
• Report Executive Summary
• Presentation
|
December 6, 2007
Agenda (Final)
Meeting Notes (Final)
|
Item 1: Administration
• Item 1c: 2008 MPWG Meeting Schedule - Revised
• Item 1d: August 2007 Pricing Events Presentation
• Item 1d: September 2007 Pricing Events Presentation
• Item 1d: October 2007 Pricing Events Presentation
Item 1b: Review of Action Items
• Memo AI 45-3 Definitions of Efficiency and Price Attributes - Member Feedback
• AI 33-1 Economic Concepts of Efficiency
Item 2: 2008 Work Priorities and Performance Measures
• Updated MPWG Issue List
• AI 45-1 2008 Priorities and Performance Measures - Member Feedback
Item 3: Forecast of Real-Time Price
• Presentation - DA Price Model Additional Analysis
Item 4: Issue #9 Peak vs. Average Pre-Dispatch Demand Forecast
• Draft Stakeholder Engagement Plan SE-54
Item 5: Review of Issues #1 and #20
• Presentation
Item 6: Issue #13 Control Action Operating Reserve (CAOR)
• Issue #13 CAOR Presentation
Item 7: Other Business
• Item 7b: Forward Agenda
|
October 29, 2007
Agenda (Final)
Meeting Notes (Final)
|
Item 1: Administration
• 2008 Meeting Schedule Proposal
• August 2007 Pricing Events Presentation
• September 2007 Pricing Events Presentation
Item 1b: Review Action Items
• Memo AI 44-3 Exporting OR Plan
• AI 33-1 Economic Concepts of Efficiency
Item 2: Issue 38 Shared Activation of Reserve
• Issue 38 Inadvertent Interchange Presentation
Item 3: Issue 30 Forecast of Real-Time Price
• Issue 30 DA Forecast of RT HOEP Model Presentation
Item 4: Integration of OPA Demand Response Programs
• OPA DR Programs Presentation
• Integration OPA DR Programs Presentation
Item 6: Issue 5 Simultaneous Use of Ramping
• Issue 5 Modified Constraints Discussion Paper
Item 8: Issue 13 Control Action Operating Reserve (CAOR)
• Issue 13 CAOR Presentation
Item 9: Other Business
Item 9a: Review of August and September 2007 Pricing Events
• August 2007 Pricing Events Presentation
• September 2007 Pricing Events Presentation
Item 9b: MPWG Forward Agenda
|
September 27, 2007
|
Cancelled
|
August 23, 2007
Agenda (Final)
Meeting Notes (Final)
|
Item 2: Operating Reserve Initiatives
• Revised IESO Response to Stakeholder Comments, Additional Analysis and Recommendation
• Draft MR-003320R00 Amendment Proposal
Item 3: Shared Activation of Reserve
• Presentation Shared Activation of Reserve
• Extract from Market Surveillance Panel Market Monitoring Report May 2006 October 2006
Item 4: Review of Issues 5, 11, 30, 33
• Memo re: Action Item 43-1
• Presentation
• Issue 5
• Issue 11
• Issue 30
• Issue 33
Item 5: Review of Issues 1, 20
• Presentation
Issue Description Papers
• MPWG 44, Issue 1: Pre-Dispatch Price Uncertainty
• MPWG 44, Issue 20: Treatment of Imports in LMP
Item 6: Other Business
• July 2007 Pricing Events
• MPWG Forward Agenda
Item 7: Market Surveillance Panel Market Monitoring report
• Market Surveillance Panel-OEB Report for Nov. 2006Apr. 2007
• Overview - Presentation on the MSP Report
• Detailed - Presentation on the MSP Report
|
July 19, 2007
Agenda (Final)
Meeting Notes (Final)
|
Item 2: Operating Reserve Initiatives Resulting from NPCC Changes
• Revised Stakeholder Engagement Plan SE-37
• Cover Memo
• Amendment Proposal
• Draft Cost Benefit Analysis
• Written Submission: OPG
• Written Submission: TransCanada
• Written Submission: APPrO
• Comments on the Cost Benefit Analysis
Item 3: Administration
• Peak vs. Average Pre-dispatch Demand forecast Efficiency Analysis Proposal
• Presentation Peak vs Average Efficiency Analysis Proposal
Item 4: Review of Issues
• Issue 5: Simultaneous Use of Ramping Generation Units for Energy and Operating Reserve updated issue paper
• Issue 11: Comparing Treatment of Self-Scheduling Resources in Pre-Dispatch and Real-Time update issue paper
• Issue 30: Forecast of Real-Time Prices updated issue paper
• Issue 30: Forecast of Real-Time Prices comments from Optimal Technologies
• Issue 33: Rules for Determining Prices in Times of Shortage updated issue paper
• Presentation
Item 5: Other business
• May Pricing Events Report
• June Pricing Events Report
Item 6: Other business
• MPWG Forward Agenda
• Request for Admin Pricing Reporting
|
June 7, 2007
Agenda (Revised)
Meeting Notes (Final)
|
Item 1: Administration
• Memo to MPWG re: Action Item 41-1
Item 2 - Presentation CRA Overview of Cost-Benefit Analysis
Item 2: Overview of Cost-Benefit Analysis and its Application in Public Policy Decisions
Item 3: Presentation Draft Cost-Benefit Analysis for Operating Reserve Initiative 2
Item 3: Draft Cost-Benefit Analysis for OR Initiative 2
Item 3: Schedule for NPCC OR Initiatives
Item 5: Other Business
• MPWG Forward Agenda
• April 2007 Pricing Events
|
June 1, 2007
Agenda
Repeat of May 9 Meeting
|
Please see materials beside May 9, 2007 meeting.
|
May 9, 2007
Agenda
Meeting Notes (Final)
|
Item 2: Export Elasticity - Response to Market Price Changes
• MPWG 41 Presentation - Behavioural Responses to Market Events
• MPWG 41 Event Analysis
• MPWG 41 Export Elasticity Estimate
Item 3: Sector Meetings to Review Positions on the Pricing Issues
• MPWG 41 Sector Meeting Results and Proposed Next Steps
Item 4: Operating Reserve Initiatives resulting from NPCC Changes
• MPWG 41 Schedule for NPCC OR Initiatives
Item 5: Peak vs Average Pre-Dispatch Demand Forecast
• MPWG 41 Presentation - Pre-Dispatch Demand Forecasting
Item 6: Other Business
• MPWG 41 Presentation - March Pricing Events
• MPWG 41 Forward Agenda
|
April 3, 2007
Agenda
Meeting Notes (Final)
|
Item 2: Market Efficiencies and Business Case Requirements
• Discussion Paper - Economic Concepts of Efficiency
• Presentation - Economic Efficiency
Item 3: Sector Meetings to Review Positions on the Pricing Issues
• MPWG 38 Memo on Sector Meetings to Review Positions
• MPWG 38 Tracking Pricing Issues and Initiatives 27 Mar 07
Item 4: Other Business
• February Pricing Events
• MPWG Draft Forward Agenda
|
March 19, 2007
Agenda
Meeting Notes (Final)
|
Agenda Item 1 - Proposed Working Model for MPWG Discussions of Market Efficiencies and Business Case Requirements
|
March 1, 2007
Agenda
Meeting Notes (Final)
|
• Item 2: Control Action Operating Reserve
• Item 3: Operating Reserve Initiatives
• Item 4: TR Clearing Account Surplus (Revised)
• Item 5: Review of December 2006 Market Surveillance Panel Report
• Item 6: Future MPWG Discussions Market Efficiencies and Business Case Reqts
• Item 7: Other - January 2007 Pricing Events
|
| February 1, 2007 |
Transmission Rights Surplus Account Information
|
| December 27, 2006 |
• Communication on ramp rate change
|
December 6, 2006
Agenda
Meeting Notes (Final)
|
• Item 1: Proposed MPWG Meeting Schedule 2007 - Revised
• Item 2: Economic Efficiencies
• Item 2: Market Efficiencies
• Item 3a: Formulations
• Item 3b: Impact on Average and Real-Time Price
• Item 4: Locational Pricing During Emergencies
• Item 4: Locational Price During Emergencies within a Uniform Price Regime
• Item 5: Peak vs Average Demand Forecast Gross Inefficiencies Analysis
|
| November 17, 2006 |
• Board of Director's Meeting
|
November 3, 2006
Agenda
Meeting Notes (Final)
|
• Item 1: Proposed Meeting Schedule 2007
• Item 2: Emergency Control Action Pricing
• Item 3: Use of Pre-Dispatch Peak vs Average Demand Forecast
Feedback
• Summary of Session Feedback
|
| October 19, 2006 |
• Navigant Memo Consumer Electricity Price Impact of Wholesale Electricity Market Price Change
• Simulation Results
• Additional information provided to AMPCO The Role of Fixed Price Contracts and the Global Adjustment in Mitigating Price Changes to Consumers
Stakeholder Feedback
• AMPCO
|
October 6, 2006
Agenda
Meeting Notes (Final)
|
• Item 1: Revised Draft Terms of Reference
• Item 2: LMP - Summary of Other Jurisdictions
• Item 2: Locational Pricing Model Description
• Item 2: LMP Presentation Review of Shadow Prices
• Item 3: Emergency Control Action Pricing Review
• Item 4: Comments from MPWG Members on Intertie Transactions Setting Real-Time Price
• OPG
• TransAlta
• Item 5: Peak vs Average Demand Forecast
|
September 1, 2006
Agenda
Meeting Notes (Final)
|
• Market Price Working Group Meeting
• Terms of Reference
• Locational Pricing Draft Stakeholder Plan
• Locational Price Study scope
• Emergency Pricing
• Emergency Pricing (Revised)
Intertie Transactions Setting Real-Time Price:
• Guide to Intertie Simulation and Data
• Intertie Set Price
Peak vs. average pre-dispatch demand forecast:
• Guide to Peak vs Avg Data
• Peak Avg
|
August 29 & 30, 2006
10:00 am to 11:00 am DST |
Webcast for question and answers on 3 times ramp rate
• Price simulations, November 2005 to April 2006
• Two examples
• Additional graphs showing the demand for the two examples
|
August 23, 2006
Agenda
Meeting Notes
|
• Document - Addressing the Twelve Times Ramp Rate Multiplier
• Appendix to Document: Addressing the Twelve Times Ramp Rate Multiplier
• Presentation - Addressing the Twelve Times Ramp Rate Multiplier
Feedback:
• Falconbridge
|
August 4, 2006
Agenda
Meeting Notes
|
• Item 2: MPWG Presentation Intertie Setting RT Price
• Item 3: MPWG Presentation LMP Study Proposal
• Item 4: MPWG Presentation Market Response to Price Changes
|
July 7, 2006
Agenda
Meeting Notes
|
• Market Pricing Working Group Meeting
• Item 2: Proposed Supplemental Ramp Payment
• Item 2: APPrO presentation on proposed supplemental ramp payment
• Item 4: Intertie Transactions Setting Price - IESO Staff Opinion
• Item 5: Future of the Market Pricing Working Group
Stakeholder Input on 12x Ramp Rate Issue
• Optimal Technologies
• Ontario Power Generation
• AMPCO
|
June 2, 2006 Cancelled
Agenda
|
Documents moved to July 7th meeting. |
| May 5, 2006 Cancelled |
|
April 26, 2006
Doubletree International Plaza Hotel
655 Dixon Road
Toronto
Agenda
|
Open Stakeholder Session.
• Twelve Times Ramp in Price Setting
• IESO Opinions on 12x RR Solution
• APPrO Position on 12x Ramp Rate
|
April 21, 2006
2645 Skymark Avenue
Mississauga
8:30 am - 12:00 pm
Agenda
Meeting Notes
|
• Summary of IESO Commentary on 12X Options
• IESO Commentary on 12X Options
• Energy Only Electricity Market Design Paper by William Hogan
|
April 7, 2006
Delta Chelsea, Toronto
33 Gerrard Street West
8:30 am - 3:30 pm
Agenda
Meeting Notes
|
• 12x Ramp Rate
• NERA Presentation
• Ramping Data for APPrO Proposal (Revised)
• Intertie Transactions and the Ontario Market Clearing Price
• NERA Ramp Rate Report
|
March 24, 2006
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
|
• Decision Criteria
• Draft Evaluation of Pricing Options Against IESO Decision Criteria
• Options to Consider if Ramp is Not Included in the Energy Price
• Ramping Supplementary Payment
• Multi Interval Optimization Pricing
• 1X Ramp Rate Myopic Pricing
• APPrO MPWG Presentation March 24 (revised March 27)
|
March 3, 2006
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
|
• Decision Criteria for Evaluating Options for Resolution to the Ramp Rate Multiplier Issue (Draft)
• Ramp Rate Multiplier Issue - Options for Resolution (Draft)
• Draft Evaluation of Pricing Options Against IESO Decision Criteria
• Evaluation of Options
• Ramp Pricing Proposal
• Market Pricing Options
• Decision Criteria
• Stakeholder Engagement Plan SE-18 Intertie Transactions Role in Setting Real-Time Price
• Issue 7: Imports and Exports setting the Ontario Market Clearing Price
• Intertie Transactions and the Ontario Market Clearing Price
Stakeholder Input
• Falconbridge Response - Decision Criteria for Evaluating Options
|
January 20, 2006
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
|
Meeting Materials
• Correspondence
• MPWG Work Plan
• CAOR Discussion Paper
• Temporal Optimization (ramp rates) - Summary of previous meetings
• Temporal Optimization (ramp rates) - Background Information on Price Calculation Methods
• Presentation - 12x Ramp Rate
• Stakeholder Engagement Plan SE-17 - 12x Ramp Rate Issue
• Presentation - Control Action Operating Reserve
• Simulation Results Handout
Stakeholder Input
• AMPCO Response - Ramp Rate
• Gerdau Ameristeel
|
| December 2, 2005 Cancelled
|
|
| November 4, 2005 Cancelled
|
|
| October 7, 2005 Cancelled
|
|
September 9, 2005
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
|
• Counter-Intuitive Pricing During Emergencies - Final Recommendation
• Temporal Optimization MIO Pricing
• Counter-Intuitive Pricing During Emergencies - Proposed Recommendation
• Intertie Setting Price Simulation
• Predispatch Demand and IOG
|
August 5, 2005
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
|
• Long-Term Solution for Counter-Intuitive Pricing During Emergencies
• Long-Term Solution for Counter-Intuitive Pricing During Emergencies - IESO Staff Proposal
• Pre-Dispatch Demand Forecast Issue
• Pricing Simulations for Recent Emergency Events
|
July 8, 2005
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
|
• Long Term Solutions for Counter-Intuitive Pricing
• Demand Forecast Used by Pre-Dispatch
• MIO Pricing Options
|
June 10, 2005
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
Updated Aug 15/05
|
• IESO Responses to MPWG Issues re: Counter-Intuitive Pricing Solutions
• Proposed Rule amendments for counter-intuitive pricing
• Simulation results from past emergency events
• Revised CAOR recommendation
• MIO pricing in NYISO
|
May 13, 2005
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
|
• April 7 Events
• Dispatchable Load Treatment Corrections to Market System Software
• CAOR Change Recommendation
• Proposed Actions to Address Counter-Intuitive Pricing
|
April 19, 2005
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
|
• CAOR Draft Recommendation
• Explanation of MIO Pricing
• April 7 Emergency Event
|
April 7, 2005
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
|
• MIO Pricing Presentation
• CAOR Draft Recommendation Overview Presentation
• CAOR Draft Recommendation
|
March 10, 2005
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
|
• Future Pricing Issues Work
Market Pricing Issues:
• Issue 17 Draft Recommendation redlined
• Issue 28 Draft Recommendation redlined
|
February 25, 2005
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
|
• CAOR Simulation Results
• MIO Price Testing Results
Market Pricing Issues:
• Issue 17 - Draft Recommendation
• Issue 28 Draft Recommendation
|
February 2, 2005
Toronto Congress Centre,
650 Dixon Road
Agenda
Meeting Notes
|
• Presentation MIO Price Simulation
• Options for Change to the Current Implementation of CAOR Discussion Paper
• Presentation - Options for Change to the Current Implementation of CAOR
Market Pricing Issues:
• Issue 28: Additional Compensation under Administrative Pricing Discussion Paper
• Issue 28 Additional Compensation under Administrative Pricing Presentation
|
January 14, 2005
2645 Skymark Avenue,
Mississauga
Agenda
Meeting Notes
Updated Feb 8/05
|
• CAOR Discussion Paper
• MIO Price Test - Presentation
• MIO Price Testing Data for Dec 10-13, 2004
• Presentation on the MIO price testing
|
December 8, 2004
Toronto Congress Centre,
650 Dixon Road
Agenda
Updated Dec 29/04
Meeting Notes
|
• Action Item 11.1 Follow-up
• Updated Pricing Issues Tracking Document
• NYISO Reserve Demand Curves presentation
• Adjustment Period Allocation Discussion Paper
• Overview of Adjustment Period Allocation
• Summary of Administered Pricing Events
• Summary of Compensation for Admin Pricing
|
November 26, 2004
Mississauga
Meeting Notes
Updated Dec 29/04
|
• Overview Presentation
• Work Package 1 Temporal Issues: MIO Pricing Test Plan for Sandbox Environment
Market Pricing Issues:
• Issue 17: Application of Settlement Adjustments Discussion Paper
• Issue 31 MIO Pricing Methodology: Pricing Example
|
| November 12, 2004 Cancelled |
|
October 20, 2004
Mississauga
Agenda
Meeting Notes
|
• Expected Price Impacts of the Different MIO Pricing Options for Different Demand Ramp Scenarios
• LECG Memorandum re: Virtual Trading and Market Design
• LECG Presentation re: Virtual Trading and Market Design
• CAOR Statistics
• Work Plan Timelines
|
October 1, 2004
Agenda
Meeting Notes
|
• Issue 8 - Systemic Differences Between the Day-Ahead and Real-Time Markets
• Background for Issue 31
|
| September 17, 2004 Cancelled |
|
September 3, 2004
Agenda
Meeting Notes |
• Overview Presentation
• MPWG Issues Tracking Document
Market Pricing Issues:
• Issue 8 - Systemic Arbitrage Opportunities between the Day-Ahead and Real-Time Market
• Issue 12 - Under-Commitment of Available Generation
• Issue 17 - Application of Settlement Adjustments
• Issue 20 - Treatment of Intertie Transactions in a Congestion Pricing Regime
|
August 20, 2004
Agenda
Meeting Notes |
• Overview Presentation
• MPWG Issues Tracking Document
Market Pricing Issues:
• Issue 1 - Pre-Dispatch Price Bandwidths
• Issue 2 - Publishing Nodal Price Data
• Issue 5 - Simultaneous Use of Ramping Generation Units for Energy and Operating Reserve
• Issue 7 - Imports Setting Price
• Issue 11 - Comparing Treatment of Self-Scheduling Resources in Pre-Dispatch and Real-Time
• Issue 15 - Restriction on Changes to Dispatch Data Between 4 and 2 Hours Ahead of Dispatch Hour
• Issue 16 - Historical Analysis of Nodal Pricing
• Issue 23 - Elimination of Constrained-Off Payments
• Issue 24 - Reducing Frequency of Failed Intertie Transactions
• Issue 26 - Relationship Between Competitive and Regulated Wholesale Prices
• Issue 28 - Compensation Under Administered Pricing When Incorrect Prices have been Posted
• Issue 30 - Forecast of Real-Time Price
• Issue 32 - Role of IOG in Certain Hours
|
August 6, 2004
Agenda
Meeting Notes |
• Overview Presentation
• Presentation on Issue 35
• MPWG Issues Tracking Document
Market Pricing Issues:
• Issue 1 - Pre-Dispatch Price Bandwidths
• Issue 7 - Imports Setting Price
• Issue 23 - Elimination of Constrained-Off Payments
• Issue 28 - Compensation Under Administered Pricing When Incorrect Prices have been Posted
• Issue 32 - Role of IOG in Certain Hours
• Issue 33 - Rules for Determining Prices in Times of Shortages
• Issue 34 - Rules Concerning the Breaker Status of Quick Start Units
• Issue 35 - Impact of Other Out-of-market Control Actions on the Market
• Issue 36 - Pricing CAOR
|
July 9, 2004
Agenda
Meeting Notes |
• Overview Presentation
• MPWG Issues Tracking Document
Market Pricing Issues:
• Issue 9 - Use of Peak Demand in Predispatch
• Issue 10 - Demand Over-Forecasting
• Issue 13 - Impact of Out of Market Resources on the Market
• Issue 18 - Pricing and Allocation of Line Losses
• Issue 19 - Node Loss Factors
• Issue 22 - Pricing Physical Constraints
• Issue 25 - Temporal Optimization in RTU but not RTC
• Issue 31 - Multi Interval Optimization Pricing Methodology
|
June 25, 2004
Agenda
Meeting Notes |
• Terms of Reference
• Guiding Principles
• Pricing Issues Tracking Document
• Non-Disclosure Agreement
• Congestion Pricing Summary
• Temporal Optimization Overview
• Emergency Control Action List
• Emergency Control Action Example
Market Pricing Issues:
• Issue 4 - 12x Ramp Rate
• Issue 6 - ECA Pricing Effects
• Issue 22 - Pricing Physical Constraints
• Issue 25 - Temporal Optimization
• Issue 27 - RTU-RTC Differences
|
June 11, 2004
Agenda
Meeting Notes
Updated Aug 16/04 |
• 12X Ramp Rate
• Congestion Pricing
• Pricing Issues Tracking Document
• Draft Terms of Reference
• Draft Guiding Principles
|
May 25, 2004
Agenda
Meeting Notes
|
• Objectives
• Terms of Reference
• Fundamentals of Pricing in the IMO Administered Markets
• Pricing Issues Tracking Document
• Proposed Guiding Principles
• Report Sample - 12-Times Ramp Rate
|
May 7, 2004
Agenda
Meeting Notes
|
• Draft Terms of Reference
• Draft Working Group Objectives
|
