Facilitated Transaction Checkout Improving Operational Efficiency

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Facilitated Transaction Checkout Improving
Operational Efficiency

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Outline

• Why Facilitated Transaction Checkout (FTC)?
• What is Facilitated Transaction Checkout?
• Operational Benefits
• Displays
• Technology Considerations
• Implementation Status
• Questions

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Why Facilitated Transaction Checkout ?

• The Northeast Market Operators are having
  increasing problems performing inter-control area
  checkout in real-time
• Each market is prone to having its own unique
  rules and timelines for clearing external
  transactions
• The volume and complexity of transactions
  significantly increased time required for manual
  checkout
• Marketers were learning how to arbitrage the
  markets

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Why Facilitated Transaction Checkout ?

• These problems increase the likelihood of
  real-time discrepancies in inter-control area
  schedules affecting transaction data accuracy.

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What is Facilitated Transaction Checkout ?

• A tool for data exchange to support real-time
  transaction checkout
• Each Control Area provides a service that
  enables neighboring CAs to view their current
  transaction stack prior to verbal checkout

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What is Facilitated Transaction Checkout ?

• Individual Control Areas can integrate this data
  into their existing displays to meet the unique
  needs of their Operators
• Changes made on FTC screen seamlessly carry
  into current scheduling software
• Supplemental data (e.g Ramp info) may be added
  for one Control Area and available for all
  without it being required for all.

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What is Facilitated Transaction Checkout?

• Current implementation allows Neighboring Control
  Area to compare, in real-time, transaction
  information for scheduling on common interfaces
• Tag ID
• MW value

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What is Facilitated Transaction Checkout?

• Seamless integration for all markets that require
  the NERC E-tag as a common identifier
• Physical or Financial transmission
• Schedule or Tag based markets

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System Operator Benefits

• Operators can improve overall efficiency in
  real-time
• Streamline communication between Operators
  thereby reducing overall checkout time
• Allow the Operator to focus on the discrepancies
  in transaction schedules between Control Areas
• Flexible enough to allow the Operator to access
  transaction schedules for future hours
• Results in fewer failed transactions
• Reduced administrative burden allows more time
  for System Operators to operate the system

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Additional Benefits

• No requirement for changing Market Rules
• Business as usual up to the point of
  inter-control area checkout
• The Markets continue to independently clear
  transactions for next hour
• Provides a solution for moving towards 15 minute
  transaction scheduling

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Additional Benefits

• Financial Benefits
• Open Architecture (free code sharing)
• No monthly fee or upgrade costs to third party
• Total Project cost is limited to internal
  development time and server costs
• (45 to 60K US dollars)
• Project Costs are quickly recovered with
  reductions in additional staff required for
  checkout

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Time Savings Utilizing FTC
Based on production or test usage
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Displays
ISO New England view into New York Transactions
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151632NY Checkout ready
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151709Checkout Complete
35 seconds
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NYISO CA View
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IMO CA View
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HQT CA View
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Technology Requirements

• Must be standards based
• Technology independent
• Cost effective implementation
• Scalable for other collaboration efforts
• Secure information transfer
• Led to a Service Oriented approach

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Service Oriented Architecture
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Technology Benefits

• Established a repeatable, collaborative process
• Model Driven Integration (MDI)
• Driven by the CIM and the NERC Functional Model
• Standards-based messages and predictable
  processes
• Efficiency gains will minimize cost and
  accelerate schedule going forward
• Implemented a scalable Web Services Architecture
  for Control Area data exchange
• Can be leveraged for future initiatives
• Will maximize return on investment

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Best Practice Technology

• Drafting the Service-Oriented Architecture
  Blueprint
• Gestalt - Energy Excerpts Volume 1 issue 3
• It is this need for better data flow between
  members of the utility grid that is driving the
  migration to an SOA service-oriented
  architecture and Web Services. If every power
  system operator, independent system operator and
  regional transmission organization implemented
  Web Services, the opportunity for efficient data
  sharing would be increased.
• The entire article can be found at
• http//www.rsvpnow.com/gestalt/gnl.asp?id265nli
  d12

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Implementation Status - NPCC

• HQTE
• Checkout Service and Control Room Integration
  Testing with ISO-NE
• IMO
• Checkout Service and Control Room Integration In
  service
• Utilizing NY checkout service in production.
• ISO-NE
• Checkout Service and Control Room Integration In
  service
• Utilizing NY checkout service in production.
  Testing with HQTE
• NB / NS
• Checkout Service and Control Room Integration
  Expected in-service in spring 2005.
• NYISO
• Checkout Service In service
• Control Room Integration Deployment scheduled
  for early 2005 to follow SMD2 implementation.

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Implementation Status - Other

• MISO
• Checkout Service and Control Room Integration
  Expected in-service in early 2005.
• PJM
• Under review.

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Questions?
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Contact Information

• General Questions
• Jim Hartwell
• jhartwell_at_npcc.org
• 212-840-4904
• Operational / Scheduling Questions
• Mike Zeoli
• mzeoli_at_iso-ne.com
• 413-535-4349
• Technical Questions
• Michael Martin
• mmartin_at_nyiso.com
• 518-356-7617