The FERC staff will host a three-day virtual conference to discuss opportunities for increasing real-time and day-ahead market efficiency of the bulk power system through improved software. Other topics that may be discussed include capacity valuation methodologies for renewable, hybrid, or storage resources. The event is open to the public and will take place June 22, 2021 – June 24, 2021. The online conference is free but
registration is required as WebEx connections may not be available to those who do not register.
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FERC staff will also address the following objectives:
- enhancing operational efficiency that will benefit all public utility customers as it improves efficiency in the use of computational methods and identifies ways in which the operation of utility assets can be optimized
- implementing rules and practices developed by individual RTOs and ISOs, as well as the North American Energy Standards Board (NAESB) and the North American Electric Reliability Corporation (NERC)
- identifying opportunities to enhance operational efficiency in jurisdictional markets by encouraging public utilities, particularly RTOs and ISOs, to consider the deployment of new modeling software for their market operations
Further details for the event have been published in a supplemental notice that includes the agenda with start times for each day, summaries of speakers’ presentations, and details on remote attendance and participation. For logistical information about the webcast, contact Sarah McKinley, Office of External Affairs, by phone at (202) 502-8004 or via email at sarah.mckinley@ferc.gov. For technical information related to the event, contact Alexander Smith, Office of Energy Policy and Innovation, by phone at (202) 502-6601 or via email at alexander.smith@ferc.gov.
FERC will accept comments or questions following the webinar until July 30, 2021.
Sources:
Technical Conference on Increasing Market and Planning Efficiency through Improved Software (ferc.gov)
Supplemental Notice of Technical Conference on Increasing Real-time and Day-ahead Market Efficiency through Improved Software (ferc.gov)
