Generator Cost Development: Opportunity Cost Calculation for Energy & Environmentally Limited Units
This issue concerns stakeholder and board approved method for computing opportunity costs associated with an externally imposed energy or environmental run-hour restriction on a generation unit.

Issue Details

Strategic Focus Area: Competitive Markets Issue Status: Awaiting Implementation & FERC Approval Stakeholder Body: Members Committee Stakeholder Process Status: Complete Issue Catalyst: FERC Order Date Created: 05.23.2008 Target Completion Date: 01.01.2011 FERC Filing(s): Yes Agreement Change(s): Operating Agreement & Open Access Transmission Tariff Manual Change(s): Yes MC Annual Plan: No

Associated Documents

Date     Summary     07.13.2009 Meeting materials from the CDTF meeting Minutes Item 02A - Updated M15 Opportunity Cost Section 8 Changes Item 02B - Opportunity Cost Proposal 08.17.2009 Meeting materials from the CDTF meeting Minutes 10.27.2008 Meeting materials from the CDTF meeting Minutes Item 4 - Opportunity Cost Update 06.15.2009 Meeting materials from the CDTF meeting Minutes 04.23.2009 Meeting materials from the MRC meeting Minutes 05.18.2010 Meeting materials from the MRC meeting Item 09 - Manual 15 Proposed Revisions Item 09 - Monitoring Analytics Presentation 03.25.2010 Meeting materials from the MC meeting Item 02D - M15 Revisions - Opportunity Cost 02.09.2009 Meeting materials from the CDTF meeting Minutes 05.29.2009 Meeting materials from the CDTF meeting Minutes Item 03A - Opportunity Cost Straw Proposal Item 03B - Example Opportunity Cost Calculator Item 03C - Proposal for Cost Offer Data Submission Requirements 07.26.2010 Meeting materials from the CDTF meeting Draft Minutes - CDTF - 05.14.2010 09.23.2009 Meeting materials from the MRC meeting Item 01 - Draft Minutes - 07.30.2009 12.14.2009 Meeting materials from the CDTF meeting Minutes Item 01 - Draft Minutes - 11.16.2009 Item 02A - Proposal for Review Schedule Opportunity Cost item 03A - IMM Proposed Manual 15: Section 8 Changes 11.16.2009 Meeting materials from the CDTF meeting Minutes Item 01 - Draft Minutes - 10.19.2009 Item 02A - Manual 15: Cost Development Guidelines Section 8 (Clean) Item 02B - Manual 15: Cost Development Guidelines Secion 8 (Redline) Item 03A - Manual 15: Opportunity Cost Calculation Manual Format 09.22.2008 Meeting materials from the CDTF meeting Minutes 05.23.2008 Meeting materials from the CDTF meeting Minutes Item 04 - Opportunity Cost Example 04.27.2009 Meeting materials from the CDTF meeting Minutes 12.08.2008 Meeting materials from the CDTF meeting Minutes 01.25.2010 Meeting materials from the CDTF meeting Item 01 - Draft Minutes - 12.14.2009 Item 03A - CDTF Matrix Draft 09.14.2009 Meeting materials from the CDTF meeting Minutes Item 01 - Draft Minutes - 08.17.2009 Item 02A - M15: Opportunity Cost Section 8 Changes v9 (redline) Item 02B - M15: Opportunity Cost Section 8 Changes v9 (clean) 01.13.2009 Meeting materials from the CDTF meeting Minutes Item 04 - Opportunity Cost Guidelines 05.15.2009 Meeting materials from the CDTF meeting Minutes Item 06A - Unit Specific Opportunity Cost Straw Proposal Item 06B - Fixed Cost Opportunity Cost Model Item 06C - Variable Cost Opportunity Cost Model 02.24.2010 Meeting materials from the MRC meeting Item 01 - Draft Minutes - 01.20.2010 Item 10 - Opportunity Cost Comparison Item 10 - Opportunity Cost - Monitoring Analytics Presentation 03.16.2009 Meeting materials from the CDTF meeting Minutes Item 02A - Opportunity Cost Milestones Item 02B - Overview of Emissions Model 03.09.2009 - Clean 10.19.2009 Meeting materials from the CDTF meeting Minutes Item 01 - Draft Minutes - 09.14.2009 Item 02A - MA Opportunity Cost Item 02B - M15: Opportunity Cost Calculation (Clean) Item 02C - M15: Opportunity Cost Calculation (Redline) 06.23.2010 Meeting materials from the MRC meeting Item 01 - Draft Minutes - 05.18.2010 Item 02D - Manual 15 - CDTF Manual Proposed Revisions - Clean Item 02D - Manual 15 - CDTF Manual Proposed Revisions - Redline Item 02D - Monitoring Analytics Opportunity Cost Presentation 06.17.2009 Meeting materials from the MRC meeting Item 06 - CDTF Opportunity Cost Presentation Item 06 - Updated Opportunity Cost Straw Proposal 08.12.2010 Meeting materials from the MC meeting Item 08 - Manual 15 Proposed Revisions - Clean Item 08 - Manual 15 Proposed Revisions - Redline 08.05.2010 Meeting materials from the MRC meeting Draft Minutes - MRC - 06.23.2010 Item 13 - Broader Regional Markets Update 04.19.2010 Meeting materials from the CDTF meeting Item 01 - Draft Minutes - 03.19.2010 Item 02A - MA Opportunity Cost Item 02B - M15: MA Opportunity Cost Proposed Revisions (Clean) Item 02C - M15: MA Opportunity Cost Proposed Revisions (Redline) Item 02D - Walkthrough of Negative Margins 07.30.2009 Meeting materials from the MRC meeting Item 01 - Draft Minutes - 06.17.2009 Item 03 - CDTF Opportunity Cost OATT and OA Revisions Item 03 - CDTF Opportunity Cost Presentation Item 03 - Manual 15 Opportunity Cost Section 8 (Clean) Item 03 - Manual 15 Opportunity Cost Section 8 (Redline) 05.07.2009 Meeting materials from the MC meeting Item 05A - 20090326 Minutes 06.30.2008 Meeting materials from the CDTF meeting Minutes 04.17.2009 Meeting materials from the CDTF meeting Minutes Item 04 - Opportunity Cost Template Item 04 - Proposed Generic Opportunity Cost Method Item 04 - Alternate Forward Prices for Example Item 04 - Template Example Explained 05.14.2010 Meeting materials from the CDTF meeting Minutes Draft Minutes - CDTF - 04.19.2010 Item 04A - M15 MMU Redline Item 04B - MA Opportunity Cost Item 04C - CDTF Walkthrough of Negative Margins 03.17.2010 Meeting materials from the MRC meeting Item 01 - Draft Minutes - 02.24.2010 Item 07A - Manual 15 Revisions Opportunity Cost Item 07B - CDTF Walkthrough of Negative Margins Item 07B - MA Opportunity Cost Item 07B - M15 - MA Opportunity Cost Proposed Revisions (Clean) Item 07B - M15 - MA Opportunity Cost Proposed Revisions (Redline) 01.20.2010 Meeting materials from the MRC meeting Item 06B - M15 CDTF Opportunity Cost Calculation (Redlined) Item 06B - Monitoring Analytics Opportunity Cost Presentation 05.06.2010 Meeting materials from the MC meeting Item 05 - Draft Minutes - MC - 03.25.2010 04.22.2010 Filing with the Federal Energy Regulatory Commission Docket No. EL08-47-005 05.20.2010 Filing with the Federal Energy Regulatory Commission Docket No. EL08-47-005 03.23.2010 Order from the Federal Energy Regulatory Commission Docket No. EL08-47-004