All identified employees provided the necessary EIM system access certificates. 18 System ISO - prospective EIM Data interfaces between ISO and prospective EIM Entity Readiness & Entity interfaces prospective EIM Entity’s identify significant data Integration systems and CAISO systems interface issues. are tested EIM Entity and CAISO executives to approve exceptions. 19 Market Day in the life The prospective EIM Entity The prospective EIM Entity grid Simulation simulation operators are able to meet operations staff complete the market timelines daily market workflow with no critical defects. 20 Market Structured scenarios The prospective EIM Entity All significant issues resolved or Simulation simulation operators execute and pass have an interim solution that is all structured scenarios functionally equivalent. provided by CAISO 21 Market Unstructured scenarios The prospective EIM Entity All significant issues resolved or Simulation simulation operators execute and pass have an interim solution that is all unstructured scenarios functionally equivalent. provided by prospective EIM Entity 22 Market Market results reports Market results are The prospective EIM Entity and Simulation appropriate based on inputs CAISO executive project sponsors approve the market results reports during market simulation 23a Market Market quality review Prices are validated on Market simulation prices and Simulation input data MWs schedules/dispatches are validated by CAISO market quality team for entry into parallel operation
All identified employees provided the necessary EIM system access certificates. 18 System Readiness & Integration ISO - prospective EIM Entity interfaces Data interfaces between prospective EIM Entity’s systems and CAISO systems are tested ISO and prospective EIM Entity identify significant data interface issues. EIM Entity and CAISO executives to approve exceptions. 19 Market Simulation Day in the life simulation The prospective EIM Entity operators are able to meet the market timelines The prospective EIM Entity grid operations staff complete daily market workflow with no critical defects. 20 Market Simulation Structured scenarios simulation The prospective EIM Entity operators execute and pass all structured scenarios provided by CAISO All significant issues resolved or have an interim solution that is functionally equivalent. 21 Market Simulation Unstructured scenarios simulation The prospective EIM Entity operators execute and pass all unstructured scenarios provided by prospective EIM Entity All significant issues resolved or have an interim solution that is functionally equivalent. 22 Market Simulation Market results reports Market results are appropriate based on inputs The prospective EIM Entity and CAISO executive project sponsors approve the market results reports during market simulation 23a Market Simulation Market quality review Prices are validated on input data Market simulation prices and MWs schedules/dispatches are validated by CAISO market quality team for entry into parallel operation
BPM_for_Energy%20Imbalance%20Market_V9.docx