Regulatory & Reliability Flashcards
What is the significance of FERC order 888?
Implemented the OPEN ACCESS RULE
What year was Open Access Rule (order 888) implemented?
2007
What are the categories that DWR is registered under with NERC?
GO - Generation Owner
GOP - Generation Operator
TO - Transmission Owner
RP - Resource Planner (the power desk)
note: we are not TOP yet
What happened to make the NERC standards mandatory and enforceable
The 2003 North Eastern Blackout
What year did NERC standards become mandatory and enforceable?
2007
What year was NERC established?
It was established in 1968
in response to the 1965 blackout
What are the ancillary services that DWR bids on the market?
Reg Up
Reg Down
Spin Reserve
Non-Spin Reserve
Spin Reserve is when:
Generator is _____ and available to provide energy in ______, with a _________ that can respond to frequency excursion.
Online ; 10 mins ; governor
the Answer is most likely C
Describe the difference between “energy” and “capacity” when referring to a Generator
energy - is the megawatts that the generator is moving
capacity - is the max amount that the generator is capable of.
What is the another name for the “15 minute market”?
Energy Imbalance Market
The ADS is used for what?
Dispatch generation to match load
What are the 3 inputs to LMP?
- losses
- load/energy
- congestion
What are the 2 main ISO power trading markets?
- day ahead
- real time
What is the “Market Clearing Price” ?
The point at which the “Demand Bid” and “Supply Bid” intersect (are equal).
Congestion is the component of the LMP that is caused by a lack of transmission capability and outages?
T or F
True