Settlements & Billing
Configuration Guide: IFM Bid Cost Recovery
Settlement
CC 6630
Version 5.0
Settlements & Billing
Version: 5.0
Configuration Guide for: IFM CG CC 6630 IFM Bid Cost Recovery Settlement
Date: 12/01/13
Table of Contents
1.
Purpose of Document
3
2.
Introduction
2.1 Background
2.2 Description
3
3
3
3.
Charge Code Requirements
3.1 Business Rules
3.2 Predecessor Charge Codes
3.3 Successor Charge Codes
3.4 Inputs - External Systems
3.5 Inputs - Predecessor Charge Codes or Pre-calculations
3.6 CAISO Formula
3.7 Outputs
3
3
4
4
4
5
6
6
4.
Charge Code Effective Date
7
CAISO, 2016
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Settlements & Billing
Version: 5.0
Configuration Guide for: IFM CG CC 6630 IFM Bid Cost Recovery Settlement
Date: 12/01/13
1.
Purpose of Document
The purpose of this document is to capture the requirements and design specification for
a SaMC Charge Code in one document.
2.
Introduction
2.1
Background
The IFM Bid Cost Recovery Settlement is associated with settlement charge groups as
follows:
Charge Code
IFM Bid Cost Recovery
Settlement
2.2
Charge Group
Parent Charge Group
Bid Cost Recovery
Cost Recovery
Description
IFM Bid Cost Recovery Settlement will perform the calculations necessary to implement
the business rules identified in the Business Rules section below.
3.
Charge Code Requirements
3.1
Business Rules
Bus
Req ID
Business Rule
1.0
This Charge Code calculates the Bid Cost Recovery Settlement for various
Bid Cost Recovery Eligible Resources that are settled on a Resource basis
as well as those Bid Cost Recovery Eligible Resources of MSS entities that
have selected to settle Energy on a net-settlement basis. Eligible SUC,
MLC, TC, Bid Costs and market revenues for IFM are netted across all
Trading Hours and Settlement Intervals in a Trading Day for a single Uplift
Payment by resource or MSS entity.
2.0
For Multi-Stage Generating Resources, Unrecovered Bid Cost Uplift
Payments will be calculated and made at the Generating Unit level and not
the MSG Configuration level.
3.0
MSS Bid Cost Recovery Eligible Resources by MSS Operators that have
elected net settlement will receive Unrecovered Bid Cost Uplift Payment for
MSS Bid Cost Recovery Eligible Resources at the MSS level and not by
CAISO, 2016
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Settlements & Billing
Version: 5.0
Configuration Guide for: IFM CG CC 6630 IFM Bid Cost Recovery Settlement
Date: 12/01/13
Bus
Req ID
Business Rule
individual resource.
3.2
4.0
MSS Bid Cost Recovery Eligible Resources by MSS Operators that have
elected gross settlement will receive Unrecovered Bid Cost Uplift Payments
at the MSS Bid Cost Recovery Eligible Resource level like all other
resources.
5.0
Scheduling Coordinators shall receive an IFM Unrecovered Bid Cost Uplift
Payment for a Bid Cost Recovery Eligible Resource, if the net of all IFM Bid
Cost Shortfalls and IFM Bid Cost Surpluses over a Trading Day is positive.
6.0
This Charge Code must be computed daily on a daily basis.
7.0
The application of the Day-Ahead Metered Energy Adjustment Factor shall
never increase a Bid Cost Recovery Eligible Resource’s Unrecovered Bid
Cost Uplift Payments.
7.1
In the event that the CAISO discovers that there has been an increase in
the Unrecovered Bid Cost Uplift Payment due to the application of the DayAhead Metered Energy Adjustment Factor, the CAISO will adjust the
payment to recover the overpayment in a subsequent billing cycle, as
permissible.
8.0
The application of the Real-Time Performance Metric shall never increase a
BCR Eligible Resource’s Unrecovered Bid Cost Uplift payments.
8.1
In the event that the CAISO discovers that such there has been an increase
in the Unrecovered Bid Cost Uplift payment, the ISO will adjust the payment
to recover the overpayment, in a subsequent billing cycle as permissible.
9.0
For adjustments to the Charge Code that cannot be accomplished by
correction of upstream data inputs, recalculation or operator override, Pass
Through Bill Charge logic will be applied.
Predecessor Charge Codes
Charge Code/ Pre-calc Name
Pre-calc – IFM Net Amount
3.3
Successor Charge Codes
Charge Code/ Pre-calc Name
Pre-calc – Bid Cost Recovery Sequential Netting
3.4
Inputs - External Systems
CAISO, 2016
Page 4 of 7
Settlements & Billing
Version: 5.0
Configuration Guide for: IFM CG CC 6630 IFM Bid Cost Recovery Settlement
Date: 12/01/13
Row #
Variable Name
Description
None
3.5
Inputs - Predecessor Charge Codes or Pre-calculations
Row #
1
Variable Name
IFMNetAmount BruT’I’M’F’mdhcif
IFMMSSNetBCRAmount
2
BT’I’M’mdhcif
CAISO, 2016
Predecessor Charge Code/
Pre-calc Configuration
Pre-calc – IFM Net Amount. The net
difference of IFM Bid Costs and IFM
Market Revenue for each Bid Cost
Recovery Eligible Resource.
Pre-calc – IFM Net Amount. The net
difference of IFM Energy Bid Costs,
IFM AS Costs, IFM Market Revenue,
and IFM AS Revenue for MSS Net
entities
Page 5 of 7
Settlements & Billing
Version: 5.0
Configuration Guide for: IFM CG CC 6630 IFM Bid Cost Recovery Settlement
Date: 12/01/13
3.6
CAISO Formula
The daily uplift settlement of Bid Cost Recovery for each resource is as follows:
3.6.1
TradingDayTotalIFMBCRUpliftAmount BruT’I’M’F’md =
TradingDayIFMBCRUpliftAmount BruT’I’M’F’md +
TradingDayIFMBCRMSSNetUpliftAmount BT’I’M’md
3.6.2
TradingDayIFMBCRUpliftAmount BruT’I’M’F’md =
(-1) * Max (0, DayIFMNetAmount BruT’I’M’F’md)
3.6.3
DayIFMNetAmount BruT’I’M’F’md =
  
h
c
IFMNetAmount BruT’I’M’F’mdhcif
f c
Note: The above charge type is for Entity Type T’ <> MSS or ( Entity Type T’ = MSS and
Energy Settlement Type I’ = Gross) as previously filtered by underlying input.
3.6.4
TradingDayIFMBCRMSSNetUpliftAmount BT’I’M’md =
(-1) * Max ( 0 , DayIFMMSSNetBCRAmount BT’I’M’md )
3.6.5
DayIFMMSSNetBCRAmount BT’I’M’md =
  
h
c
IFMMSSNetBCRAmount BT’I’M’mdhcif
f c
Note: The above charge type is for Entity Type T’ = MSS and Energy Settlement Type I’
= NET as previously filtered by underlying input.
3.7
Outputs
Row #
Name
Description
In addition to any outputs listed
below, all inputs shall be included
as outputs.
CAISO, 2016
Page 6 of 7
Settlements & Billing
Version: 5.0
Configuration Guide for: IFM CG CC 6630 IFM Bid Cost Recovery Settlement
Date: 12/01/13
Row #
1
Description
TradingDayTotalIFMBCRUpliftA
mount BruT’I’M’F’md
Total IFM BCR Uplift Payment for
MSS and Non-MSS entities.
2
IFM BCR Uplift
Payment
DayIFMMSSNetBCRAmount
Daily
total offor non5
TradingDayIFMBCRUpliftAmount
MSS
resources
and
resources
IFMMSSNetBCRAmount
BT’I’M’d
BT’I’M’hi
associated with an MSS entity that
BruT’I’M’F’md
has elected Gross settlement.
3
DayIFMNetAmount BruT’I’M’F’md
Daily total of IFMNetAmount
4
TradingDayIFMBCRMSSNetUplif
tAmount BT’I’M’d
IFM BCR Uplift Payment for MSS
entity that has elected Net
settlement.
DayIFMMSSNetBCRAmount
Daily total of
IFMMSSNetBCRAmount
5
4.
Name
BT’I’M’md
Charge Code Effective Date
Charge Code/
Pre-calc Name
CC 6630 – IFM
Bid Cost
Recovery
Settlement
Document
Version
Effective
Start Date
Effective
End Date
Version Update
Type
5.0
11/01/13
Open
Configuration
Impacted
CAISO, 2016
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