Posted on 10/08/2002 10:32:17 AM PDT by Robert357
WECC Daily Report of System Status
Other Comments: CISO operated below reliability criteria for spinning reserve from 1334 to 1358 yesterday, to a minimum reserve level of 208 MW below the required level due to market entities deviating from schedule in an attempt to chase market clearing price.
Mondays Notable Events: PDCI Pole #3 blocked (restarts set to zero for hold order), Fort Rock series capacitors inserted and Grand Coulee Transit Excitation Boost operated. COI went over the limit of 3780 MW north to south @ 1112. BPA and CISO ramped in counter schedules for a total of 950 MW and COI back below limit at 1121. Pole #3 returned to service at 1127. Celilo workmen inadvertently cut control cables to Valve Group #1 instead of Valve Group #6, which is scheduled for replacement.
(Excerpt) Read more at wecc.biz ...
You just can't get anymore damning of the California ISO that just reporting the facts. The status of maintenance among the major utilities in California is also very sad. Somebody needs to get things working properly and soon or there will be a major blackout in California.
I would love to know who those market entitites were. If they were chasing the market cleaning price and the Cal ISO didn't have enough reserves then that means they were likely reducing the amount of power generated or transfering it to purchasers at higher prices. Whatever was going on, the ISO should have been on top of it, made sure reserves were being provided. It is very clear that the ISO is not managing, but just going along for the ride. I think that the folks at WECC are starting to stop trying to cover for the ISO's lack of managment of its load control area and markets.
Just just got to wonder how many near misses they get before they black-out large parts of the State?
2002/10/08 10:44:47000
The SI servers and other CAISO systems are back in service. You may continue to balance your Hour Ahead and Day Ahead schedules as all markets are back on schedule. Sent by Market Operations, inquiries please contact the Hour Ahead desk.
2002/10/08 10:23:38000
The CAISO is currently experiencing system difficulties. The SI servers are unavailable and the Day Ahead and Hour Ahead Markets are temporarily unavailable. Technical support personnel are working on the issue and we will update you of any changes in system status. Sent by Market Operations, inquiries please call the Hour Ahead or Day Ahead Desks.
2002/10/08 09:15:07000
Day Ahead interim available contract capacity information was posted at 0912. Please see Day Ahead Interim Contract Capacity under Market Information. Sent by Market Operations, inquiries please call the Day Ahead Desk.
2002/10/08 05:03:27000
The ISO is experiencing problems with posting the ex-post price. The following are the ex-post prices and maximum dispatched MW for the past three hours:HE03: ex-post price=$14.44 (inc and dec); maximum dispatched MW= -333 MW; HE04: ex-post price=$14.44 (inc and dec); maximum dispatched MW= -533 MW; HE05: ex-post price=$14.44 (inc and dec); maximum dispatched MW= -333 MW
2002/10/07 16:41:11000
HE 17 10/7/07 OASIS is Posting an incorrect 10 minute price. Technicians are working on the problem at this time and anticipate correct prices beginning HE 18.
2002/10/07 16:01:58000
After the 10/8/02 Day ahead market ran, the PNOB (Path 65) branch group TTC in the North to South direction was changed from 1128 MW to 950 MW, and in the South to North direction from 1106 MW to 927 MW, for HE's 0100 through 1200 for operating day 10/08/02. The reason(s) for the change is due to forced equipment outage. The first applicable Hour Ahead market to run with these values is HE 0100. The ISO will update you of any changes in line rating status. Sent by Market Operations, inquiries please call the Hour Ahead Desk.
2002/10/07 14:48:00000
The problem related to the HA Market status has been rectified. If you experience any further difficulties with regard to submitting schedules for HE18, please notify the ISO Hour Ahead Desk.
2002/10/07 14:41:54000
The CAISO is experiencing temporary SI system problems. The HA markets have been inadvertently closed. SI Support is aware of the problem and they are working on it. We will update you as soon as it is possible to input HA schedules. Inquiries please contact the Market Operations Hour Ahead Desk.
2002/10/07 14:01:10000
Final Day Ahead schedules were published at 1400, and are now available for downloading. Sent by Market Operations, inquiries please call the Day Ahead Desk.
2002/10/07 13:53:51000
After the Day ahead market ran, the PNOB (Path 65) branch group TTC in the North to South direction was changed from 1128 MW to 950 MW, and in the South to North direction from 1106 MW to 927 MW, for HE's 2200 through 2400 for operating day 10/07/02. The reason(s) for the change is due to forced equipment outage. The first applicable Hour Ahead market to run with these values is HE 2200. The ISO will update you of any changes in line rating status. Sent by Market Operations, inquiries please call the Hour Ahead Desk.
2002/10/07 13:05:49000
After the Day ahead market ran, the PNOB (Path 65) branch group TTC in the North to South direction was changed from 1128 MW to 950 MW, and in the South to North direction from 1106 MW to 927 MW, for HE's 1300 through 2100 for operating day 10/07/02. The reason(s) for the change is due to forced equipment outage. The first applicable Hour Ahead market to run with these values is HE 1800. The ISO will update you of any changes in line rating status. Sent by Market Operations, inquiries please call the Hour Ahead Desk.
2002/10/07 12:41:45000
The Day Ahead Revised Preferred market closed at 1240. Sent by Market Operations, inquiries please call the Day Ahead Desk.
2002/10/07 11:40:16000
Adjusted Day Ahead schedules were published at 1139. Day Ahead Final available contract capacity information is now available. Due to congestion, the revised preferred market is now open and will be closed at 1239. Sent by Market Operations, inquiries please call the Day Ahead Desk.
2002/10/07 10:27:08000
The Day Ahead preferred market closed at 1026. Sent by Market Operations, inquiries please call the Day Ahead Desk.
2002/10/07 09:09:02000
Day Ahead interim available contract capacity information was posted at 0908. Please see Day Ahead Interim Contract Capacity under Market Information. Sent by Market Operations, inquiries please call the Day Ahead Desk.
2002/10/06 22:36:09000
Market Notification: The ISO WAS experiencing technical problems with SI. The HA market for HE02 for 10-07-02 WAS on hold. The problem has been corrected and the HA market is open for HE02. The ISO will update you of any changes. Inquiries please call the Hour Ahead desk.
Thanks for staying on top of this.
Allegheny in default, stock tumbles 50 percent
Some companies have been driven to strike tough deals with financiers. For instance, Warren Buffett's Berkshire Hathaway Inc. (NYSE:BRKa - News) and Lehman Brothers (NYSE:LEH - News) have loaned Williams Cos. $900 million at a 30 percent interest rate.
It seems that the banks are the real "pirates".
Yes if somebody gouged California out of Billions and the people being accused of it are all bankrupt, you have to wonder who got the money. Some of it probably did go to the bankers. Althought from what I am seeing a lot of the money went to buy pollution control equipment, plant modernization, new power plant construction and natural gas well drilling along with the associated labor.
P.S. I think the SI stands for Scheduling Information, but I could be wrong.
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I haven't heard anything more regarding Bank of America wanting to get into the energy-trading business. Just a coincidence, I'm sure.
Our firm has been involved with the bond issue closing of a municipal electric utility and BofA is the investment banker. Their rep has expressed hesitation over their getting into this market but has told the folks in my office that this is for real and that they are serious about it. They are going to invite a couple of us in our firm to a dog and pony show as to the advantage they bring to the market. If you like, I will let you know what I think after the presentation.
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