References The definition of acronyms and words beginning with capitalized letters are given in the BPM for Definitions & Acronyms. Please note that the variable names used in the content provided in the BPM Configuration Guides are capitalized for ease of use and are not intended to become defined terms. A description of the variable names is provided in the relevant input or output tables associated with the subject Charge Code or Pre-calculation Other reference information related to this BPM includes: Other ISO BPMs ISO Tariff (issued 2/9/06) ISO Tariff compliance filing (filed November 20, 2006) ISO Tariff compliance filing December 20, 2006) ISO Tariff (March 22 filing) ISO Tariff compliance filing (filed June 18, 2007) Relevant Attachments BPM Configuration Guides Overview Welcome to the Overview section of the BPM for Reliability Requirements. In this section you will find the following information: A list of the general objectives for resource adequacy at ISO A description of the basic elements of a capacity-based resource adequacy program An explanation of general factors used to assess needed resource levels to satisfy reliability requirements High-level overview of annual and monthly resource adequacy reporting requirements Objectives Market economics and reliability are inextricably intertwined. Even markets that are otherwise competitive and robust may nevertheless fail if they do not provide sufficient incentives to
References The definition of acronyms and words beginning with capitalized letters are given in the BPM for Definitions & Acronyms. Please note that the variable names used in the content provided in the BPM Configuration Guides are capitalized for ease of use and are not intended to become defined terms. A description of the variable names is provided in the relevant input or output tables associated with the subject Charge Code or Pre-calculation Other reference information related to this BPM includes: Other ISO BPMs ISO Tariff (issued 2/9/06) ISO Tariff compliance filing (filed November 20, 2006) ISO Tariff compliance filing December 20, 2006) ISO Tariff (March 22 filing) ISO Tariff compliance filing (filed June 18, 2007) Relevant Attachments BPM Configuration Guides Overview Welcome to the Overview section of the BPM for Reliability Requirements. In this section you will find the following information: A list of the general objectives for resource adequacy at ISO A description of the basic elements of a capacity-based resource adequacy program An explanation of general factors used to assess needed resource levels to satisfy reliability requirements High-level overview of annual and monthly resource adequacy reporting requirements Objectives Market economics and reliability are inextricably intertwined. Even markets that are otherwise competitive and robust may nevertheless fail if they do not provide sufficient incentives to
BPM_for_Reliability_Requirements_V27_clean.docx