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Attachment - FTC Presentation


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Attachment - FTC Presentation

  1. 1. Facilitated Transaction Checkout Improving Operational Efficiency
  2. 2. Outline <ul><li>Why Facilitated Transaction Checkout (FTC)? </li></ul><ul><li>What is Facilitated Transaction Checkout? </li></ul><ul><li>Operational Benefits </li></ul><ul><li>Displays </li></ul><ul><li>Technology Considerations </li></ul><ul><li>Implementation Status </li></ul><ul><li>Questions </li></ul>
  3. 3. Why Facilitated Transaction Checkout ? <ul><li>The Northeast Market Operators are having increasing problems performing inter-control area checkout in real-time </li></ul><ul><ul><li>Each market is prone to having its own unique rules and timelines for clearing external transactions </li></ul></ul><ul><ul><li>The volume and complexity of transactions significantly increased time required for manual checkout </li></ul></ul><ul><ul><li>Marketers were learning how to arbitrage the markets </li></ul></ul>
  4. 4. Why Facilitated Transaction Checkout ? <ul><li>These problems increase the likelihood of real-time discrepancies in inter-control area schedules affecting transaction data accuracy. </li></ul>
  5. 5. What is Facilitated Transaction Checkout ? <ul><li>A tool for data exchange to support real-time transaction checkout </li></ul><ul><li>Each Control Area provides a “service” that enables neighboring CAs to view their current transaction stack prior to verbal checkout </li></ul>
  6. 6. What is Facilitated Transaction Checkout ? <ul><li>Individual Control Areas can integrate this data into their existing displays to meet the unique needs of their Operators </li></ul><ul><li>Changes made on FTC ‘screen’ seamlessly carry into current scheduling software </li></ul><ul><li>Supplemental data (e.g Ramp info) may be added for one Control Area and available for all without it being required for all. </li></ul>
  7. 7. <ul><li>Current implementation allows Neighboring Control Area to compare, in real-time, transaction information for scheduling on common interfaces </li></ul><ul><ul><li>Tag ID </li></ul></ul><ul><ul><li>MW value </li></ul></ul>What is Facilitated Transaction Checkout?
  8. 8. <ul><li>Seamless integration for all markets that require the NERC E-tag as a common identifier </li></ul><ul><ul><li>Physical or Financial transmission </li></ul></ul><ul><ul><li>Schedule or Tag based markets </li></ul></ul>What is Facilitated Transaction Checkout?
  9. 9. System Operator Benefits <ul><li>Operators can improve overall efficiency in real-time </li></ul><ul><ul><li>Streamline communication between Operators thereby reducing overall checkout time </li></ul></ul><ul><ul><li>Allow the Operator to focus on the discrepancies in transaction schedules between Control Areas </li></ul></ul><ul><ul><li>Flexible enough to allow the Operator to access transaction schedules for future hours </li></ul></ul><ul><ul><li>Results in fewer failed transactions </li></ul></ul><ul><ul><li>Reduced administrative burden allows more time for System Operators to operate the system </li></ul></ul>
  10. 10. Additional Benefits <ul><li>No requirement for changing Market Rules </li></ul><ul><ul><li>Business as usual up to the point of inter-control area checkout </li></ul></ul><ul><ul><li>The ‘Markets’ continue to independently clear transactions for next hour </li></ul></ul><ul><li>Provides a solution for moving towards 15 minute transaction scheduling </li></ul>
  11. 11. Additional Benefits <ul><li>Financial Benefits </li></ul><ul><ul><li>Open Architecture (free code sharing) </li></ul></ul><ul><ul><li>No monthly fee or upgrade costs to third party </li></ul></ul><ul><ul><li>Total Project cost is limited to internal development time and server costs </li></ul></ul><ul><ul><ul><li>(45 to 60K US dollars) </li></ul></ul></ul><ul><ul><li>Project Costs are quickly recovered with reductions in ‘additional’ staff required for checkout </li></ul></ul>
  12. 12. Time Savings Utilizing FTC *Based on production or test usage As much as 15 minutes / hour with full implementation 10 minutes 15 – 25 minutes NYISO Under review NB / NS As much as 20 minutes / hour with full implementation 5 – 20 minutes 10 – 40 minutes HQTE Under review PJM Under review MISO 8 - 18 minutes / hour with full implementation 2 minutes 10 – 20 minutes ISO-NE 20 minutes / hour each with NYISO, HQ 1 min. each with NYISO, HQ 40 minutes IMO Time Savings FTC* Manual Checkout Control Area
  13. 13. Displays ISO New England view into New York Transactions
  14. 14. 15:16:32 NY Checkout ready
  15. 15. 15:17:09 Checkout Complete 35 seconds
  16. 16. NYISO CA View
  17. 17. IMO CA View
  18. 18. HQT CA View
  19. 19. Technology Requirements <ul><li>Must be standards based </li></ul><ul><li>Technology independent </li></ul><ul><li>Cost effective implementation </li></ul><ul><li>Scalable for other collaboration efforts </li></ul><ul><li>Secure information transfer </li></ul><ul><li>Led to a “Service Oriented” approach </li></ul>
  20. 20. Service Oriented Architecture
  21. 21. <ul><li>Established a repeatable, collaborative process </li></ul><ul><ul><li>Model Driven Integration (MDI) </li></ul></ul><ul><ul><ul><li>Driven by the CIM and the NERC Functional Model </li></ul></ul></ul><ul><ul><ul><li>Standards-based messages and predictable processes </li></ul></ul></ul><ul><ul><li>Efficiency gains will minimize cost and accelerate schedule going forward </li></ul></ul><ul><li>Implemented a scalable Web Services Architecture for Control Area data exchange </li></ul><ul><ul><li>Can be leveraged for future initiatives </li></ul></ul><ul><ul><li>Will maximize return on investment </li></ul></ul>Technology Benefits
  22. 22. Best Practice Technology <ul><li>Drafting the Service-Oriented Architecture Blueprint </li></ul><ul><li>Gestalt - Energy Excerpts Volume 1 issue 3 </li></ul><ul><li>“ 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.” </li></ul><ul><li>The entire article can be found at: </li></ul><ul><li> </li></ul>
  23. 23. Implementation Status - NPCC <ul><li>HQTE </li></ul><ul><ul><li>Checkout Service and Control Room Integration: Testing with ISO-NE </li></ul></ul><ul><li>IMO </li></ul><ul><ul><li>Checkout Service and Control Room Integration: In service </li></ul></ul><ul><ul><li>Utilizing NY checkout service in production. </li></ul></ul><ul><li>ISO-NE </li></ul><ul><ul><li>Checkout Service and Control Room Integration: In service </li></ul></ul><ul><ul><li>Utilizing NY checkout service in production. Testing with HQTE </li></ul></ul><ul><li>NB / NS </li></ul><ul><ul><li>Checkout Service and Control Room Integration: Expected in-service in spring 2005. </li></ul></ul><ul><li>NYISO </li></ul><ul><ul><li>Checkout Service: In service </li></ul></ul><ul><ul><li>Control Room Integration: Deployment scheduled for early 2005 to follow SMD2 implementation. </li></ul></ul>
  24. 24. Implementation Status - Other <ul><li>MISO </li></ul><ul><ul><li>Checkout Service and Control Room Integration: Expected in-service in early 2005. </li></ul></ul><ul><li>PJM </li></ul><ul><ul><li>Under review. </li></ul></ul>
  25. 25. Questions?
  26. 26. Contact Information <ul><li>General Questions </li></ul><ul><ul><li>Jim Hartwell </li></ul></ul><ul><ul><li>[email_address] </li></ul></ul><ul><ul><li>212-840-4904 </li></ul></ul><ul><li>Operational / Scheduling Questions </li></ul><ul><ul><li>Mike Zeoli </li></ul></ul><ul><ul><li>[email_address] </li></ul></ul><ul><ul><li>413-535-4349 </li></ul></ul><ul><li>Technical Questions </li></ul><ul><ul><li>Michael Martin </li></ul></ul><ul><ul><li>[email_address] </li></ul></ul><ul><ul><li>518-356-7617 </li></ul></ul>