This project will increase the robustness of system operations by better positioning the resources for potential load variation and uncertainty for the intervals beyond current dispatch horizon.
New up ramp capability (URC) and down ramp capability (DRC) products. Reserve ramp constrained capacity for uncertainties in net load and reduce occurrences of market price spikes associated with scarcity event. Produce clear market-based incentives for resources to contribute to the load following capability
Ramp capability model. Market-wide ramp capability requirements. Calculate ramp capability prices and provide market-based incentive signals.