Over the next 5-10 years, California will see a rapid growth of Energy Storage Resources (ESR) due to FERC Order 841 and Investment Tax Credits. This workshop will cover:
Experience with bidding ESRs in CAISO market
o Understanding Operating Characteristics of ESR
o Reviewing CAISO Day-Ahead and Real-Time Bidding Workflow
o Reviewing CAISO Market Statistics for ESR
o Bid-to-Bill Timeline & Challenges for ESR
Strategies for Bidding Energy & Ancillary Services for ESR in CAISO Market
o Formulating 3-part Energy Offers for ESR
o Should ESRs be Offered in Day-Ahead Market or Self-Scheduled in Real-Time Market?
o Formulating A/S Offers for ESR
o Understanding Lost Opportunity Costs
o Using Co-Optimization to Validate DA Energy & A/S Awards & Prices for ESR
o Computing ESR Revenues, Costs, and P&L for Providing Energy and Ancillary Services
o Using Profit & Loss Metrics to Provide Feedback to Traders on Effectiveness of Day-Ahead and Real-Time Bidding Strategies for ESR
Validating market settlements for ESRs in CAISO market
o Submitting meter data for ESRs
o Understanding Key settlement charge codes for ESRs
o Do ESRs qualify for make-whole payments?
o What Are the Most Common Causes for Settlement Disputes for ESR?
$510 - $1,180
(626) 793-9364 ext. 212