4.1 Regulation Market Flashcards
What are 4 characteristics of Regulation resources?
- Under automatic control
- Independent of economic cost signal
- Obtainable in 5 min
- Responds to frequency deviations
RegA vs RegD
RegA - slow
RegD - fast (moves with frequency deviation)
What does 20 MW of regulation mean?
+/- 20 MW from basepoint
What is the cap on price offers for regulation?
$100/MW
When are regulation cost & price offers due for next operating day?
14:15 EPT
Where are regulation offers and parameters submitted?
Markets Gateway
What is the frequency, location, and timing for Assignment results?
Hourly, Markets Gateway, 30 min prior to top of hour.
What is the frequency, location, and timing for Clearing Price results?
Every 5 min / Data Viewer / Every 5 min
What does the regulation performance test compliance with the test signal have to be (%)?
75%