In the Day-Ahead Market, if a Resource is awarded energy, is there a requirement to update the COP to reflect the award?
There is a requirement to keep the Current Operating Plan (COP) updated to reflect the Resource’s expected status. Since DAM (Day-Ahead Market) is financial only, technically the Resource does not have to come on line for the DAM-committed award. However, the QSE (Qaulified Scheduling Entity) must fulfill the energy obligation whether by it’s own resource, trade, or at the applicable Settlement Point Price.
Related Questions
- In the Day-Ahead Market, if a Resource is awarded energy, is there a requirement to update the COP to reflect the award?
- Do Key Personnel need to document this requirement for each different grant or contract award?
- What are currently the problems of the energy market? Why do we need yet another package?
