Energy Day Dolores Chezar – KeySpan Energy Kathryn Burch – Duke Energy January 24, 2005.

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Presentation transcript:

Energy Day Dolores Chezar – KeySpan Energy Kathryn Burch – Duke Energy January 24, 2005

Energy Day Objectives Promote Fair, Reliable, Safe and Efficient Service to all segments of the Energy Industry. Develop a Standard Energy Day for the Gas and Electric Industries Eliminate Split Peak for Gas Generation - begin Standard Energy Day during an off-peak period Enhance communication and coordination across both gas and electric industries Allow both industries to more closely match fuel deliveries with generation requirements Alleviate the disconnect between gas and electric scheduling – R04020 Any move toward a Standard Energy Day will impact both the electric and gas industries.

Electric Day Ahead Market Scheduling versus Gas Day Nominations – All Times Central 12am 12 pm 6 am 6 pm 3 am9 am 3 pm9 pm Gas Nominations and Scheduling RTO Markets Timely Intra Day 1 Evening Intra Day 2 Noms due 11:30 AM PJM ISO NE CAISO MISO Mkt Bids due 11 AM Init Commitment Sched 3 PM Mkt Bids due 11 AM Init Commitment Sched 3 PM Mkt Bids due 8 AM Init Commitment Sched 2 PM Mkt Bids due 11:30 AM Init Commitment Sched 1 PM Confirmations 3:30 PM Noms due 10 AM Noms due 5 PM Noms due 6:00 PM Confirmations 1 PM Confirmations 8 PM Confirmations 9 PM NY ISO Mkt Bids due 4 AM Init Commitment Sched 10 AM

Electric Market Scheduling versus Gas Nominations – All Times Central Electric Market Scheduling Day Ahead MarketMarket Bids Due Initial Commitment Schedule Issued Re-Bid Period NY ISO4 AM – 10 AM4 AM10 AM PJM11 AM – 5 PM11 AM3 PM3 PM – 5 PM ISO NE11 AM – 5 PM11 AM3 PM3 PM – 5 PM MISO8 AM – 2 PM8 AM2 PM CAISO11:30 AM – 2 PM11:30 AM1:00 PM1 PM – 2 PM Gas NominationsNominations Due Confirmation of Scheduled Volumes Gas Flow Timely11:30 AM 3:30 PM - Confirmed 4:30 PM – Scheduled 9 AM Next Day Evening6 PM 9 PM – Confirmed 10 PM - Scheduled 9 AM Next Day Intra-Day 110 AM 1 PM – Confirmed 2 PM - Scheduled 5 PM Same Day Intra-Day 25 PM 8 PM – Confirmed 9 PM - Scheduled 9 PM Same Day

REAL TIME ELECTRIC MARKET Changes to just the gas nomination cycle will not resolve electric scheduling concerns. Solution involves action by FERC and ISOs/RTOs to provide incentives to electric generators to contract for firm pipeline capacity. FERC could provide recovery of pipeline reservation charges in rates or through other mechanisms. ISOs /RTOs could provide dispatch priority or other preference for holders of firm capacity. Pipelines could design services to meet the needs of electric generation.