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Subject: RE: [emix] RE: EMIX Product and Time - Answers and Suggestionsneeded
True. There are two challenges here. One is communicating the reality of the markets, the way things change over time, the instantiation of particular contracts. These contracts are not just the relatively simple contracts of generation but the more [potentially] complex ones of retail. Example: One of the core initial use cases of EMIX was the factory with detailed knowledge of its energy use over time. A critical process, say, takes 6 weeks to manufacture the annual supply. Energy is a significant enough component that the factory is willing to deform its shits around it. Should it be from 3:00 am on? Should it be beginning at 4 in the afternoon? Its labor agreements could support either, but not without notice. Can that factory bid that load shape against suppliers, and get specific bids for time of day for the entire load shape, even though it changes in 15 minute increments? (BTW, I actually have worked in a variant of this scenario, back in 1978. Energy markets were still under the influence of the price shocks of 1973. This “market bid” took 5 weeks of negotiation with the utility.) Another scenario we have is of the end node, a commercial building optimizing its economic position be working the price curve vs its internal needs to support cooling and heating in specific scenarios. Here I am also informed of a Hospital in Long Beach(?) in California, run by Kaiser, that accepted a DR shutdown on Friday afternoon during a heat wave (fall 2007-8?). The hospital began re-cooling on Monday morning, but the accumulated heat of the walls meant that the clinical space did not meet regulatory requirements until 2:30 or so in the afternoon. All that catch-up, all that extra cooling occurred during business hours on Monday, as the heat wave continued. Well if the hospital had been able to understand the actual price curves, and the actual heat capacity, then it would have elected to optimize its re-cooling based upon dynamic prices in the early morning hours, and chosen the best economic solution for “ready to serve patients” rather than “ready to start cooling” Prices and price schedules are much more interesting even then the underlying energy markets. How do we communicate that. Another scenario I know involves the Cleveland Clinics, which currently has energy supply contracts with both PJM and with Midwest ISO. They do not accept DR signals; the last time they did , a change in ventilation in the entrance, extended throu8gh an underground hallway, and up through an elevator shaft, and resulted in loss of positive pressure (to keep infection out) in a specialty ICU. They live on energy arbitrage between two markets. So, “Simply adding a time (sequence) doesn’t make it anything.”, it may not, but it is important to consumer of EMIX beyond markets, and we need to call it something within the EMIX specification, we need to call it something with EnergyInterop, and as Bruce says, it should probably not be “Banana.” tc "It is the theory that decides what can be observed." - Albert Einstein
From: Crimmins, Sean [mailto:SCrimmins@caiso.com]
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