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If a Reliability Unit Commitment (RUC) Committed Resource does not set Locational Marginal Price (LMP), is the unit made whole between its verifiable cost and the LMP at that point in time?

April 26, 2017commitment committed locational Marginal price reliability Resource ruc

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If a Reliability Unit Commitment (RUC) Committed Resource does not set Locational Marginal Price (LMP), is the unit made whole between its verifiable cost and the LMP at that point in time?

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If a resource is selected by RUC, the resource will be made whole for its startup and minimum-energy costs (based on verifiable or generic, which ever applies to the resource). If the revenue received is greater than costs, then the RUC-Committed Resource may be subject to a Clawback. Whether the Resource submits a three-part supply offer into the Day-Ahead Market (DAM) will determine the rate at which the Resource’s revenues above cost are clawed back. Clawback is zero for intervals the QSE submitted three-part offers in the DAM.