System Readiness & Integration - the prospective EIM Entity and CAISO will perform functional and system testing and system integration testing. Market Simulation - the CAISO will conduct a market simulation for the prospective EIM Entity and any participating resource scheduling coordinators registered with the prospective EIM Entity prior to that new prospective EIM Entity entering EIM. Settlements the CAISO submits a settlement statement to the prospective EIM Entity including – EIM participating and non-participating resources and load. The prospective EIM Entity will verify the accuracy of the CAISO settlement statement to the prospective EIM Entity. Prior to financially binding operations, the prospective EIM Entity will demonstrate it can produce allocations of the CAISO settlement to its customers that are verifiably accurate against available data. Monitoring the CAISO ensures that the CAISO Market Analysis Team and the Department of – Market Monitoring have the data that is required to adequately monitor market performance. Parallel Operations Planning the CAISO and prospective EIM Entity ensure that systems, – processes and staff are prepared for deployment of systems, parallel operations, and support beyond parallel operations for issues that may arise. Communication - the and prospective EIM Entity ensure all tools and procedures used for communication between the CAISO and prospective EIM Entity are in place and tested before the implementation date EIM Available Balancing Capacity the CAISO and the prospective EIM Entity register resources – that the prospective EIM Entity intends to identify as EIM Available Balancing Capacity in the EIM Resource Plan. Readiness Metrics, Criteria, and Thresholds Readiness Readiness Criteria Measurable Elements Threshold* Criterion Category Identifier 1 Prospective Generation, Load, EIM Internal Intertie Data matches within 10%, EIM Entity Full Interchange and Load and EIM External Interties, measured in MW capacity to Network comparison and Generating Unit start parallel operation, and Model definition in the Full within 5% before full activation. Integration Network Model is Discrepancies, if any, are consistent with the Load, EIM Internal Intertie and
System Readiness & Integration - the prospective EIM Entity and CAISO will perform functional and system testing and system integration testing. Market Simulation - the CAISO will conduct a market simulation for the prospective EIM Entity and any participating resource scheduling coordinators registered with the prospective EIM Entity prior to that new prospective EIM Entity entering EIM. Settlements – the CAISO submits a settlement statement to the prospective EIM Entity including EIM participating and non-participating resources and load. The prospective EIM Entity will verify the accuracy of the CAISO settlement statement to the prospective EIM Entity. Prior to financially binding operations, the prospective EIM Entity will demonstrate it can produce allocations of the CAISO settlement to its customers that are verifiably accurate against available data. Monitoring – the CAISO ensures that the CAISO Market Analysis Team and the Department of Market Monitoring have the data that is required to adequately monitor market performance. Parallel Operations Planning – the CAISO and prospective EIM Entity ensure that systems, processes and staff are prepared for deployment of systems, parallel operations, and support beyond parallel operations for issues that may arise. Communication - the and prospective EIM Entity ensure all tools and procedures used for communication between the CAISO and prospective EIM Entity are in place and tested before the implementation date EIM Available Balancing Capacity – the CAISO and the prospective EIM Entity register resources that the prospective EIM Entity intends to identify as EIM Available Balancing Capacity in the EIM Resource Plan. Readiness Metrics, Criteria, and Thresholds Readiness Criterion Identifier Readiness Category Criteria Measurable Elements Threshold* 1 Prospective EIM Entity Full Network Model Integration Generation, Interchange and Load comparison Load, EIM Internal Intertie and EIM External Interties, and Generating Unit definition in the Full Network Model is consistent with the Load, EIM Internal Intertie and Data matches within 10%, measured in MW capacity to start parallel operation, and within 5% before full activation. Discrepancies, if any, are
BPM_for_Energy%20Imbalance%20Market_V13_clean.docx