Message-ID: <26506979.1075857928661.JavaMail.evans@thyme> Date: Thu, 26 Apr 2001 03:46:00 -0700 (PDT) From: owner-nyiso_tech_exchange@lists.thebiz.net To: market_relations@nyiso.com Subject: RE: NYPA study-Winter Locational ICAP requirements Cc: market_relations@nyiso.com, nyiso_tech_exchange@global2000.net Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: market_relations@nyiso.com, nyiso_tech_exchange@global2000.net X-From: owner-nyiso_tech_exchange@lists.thebiz.net X-To: market_relations@nyiso.com X-cc: market_relations@nyiso.com, nyiso_tech_exchange@global2000.net X-bcc: X-Folder: \Larry_Campbell_Jun2001\Notes Folders\Notes inbox X-Origin: Campbell-L X-FileName: lcampbel.nsf Chad.J.Wagner@dynegy.com writes to the NYISO_TECH_EXCHANGE Discussion List: This raises concerns about what functions any ISO should take on in the long run. Here the ISO used its limited resources, ones which many members want directed to specific high priority projects... such as virtual bidding, to perform a study on ICAP that we did not know about until a flurry of emails arrive. The point is, the ISO better serves by focusing its talent and limited time on facilitating the operation of a workable, reliable, cost effective and efficient power market and by performing studies consistent with member priorities. Not by performing studies at the request of one member, unless they are part of a clearly defined and approved process like that for interconnections. The ISO should work as a "market facilitator," and as such expend its talents on providing accurate and timely pricing, billing, and tracking of energy transactions within, into, and out of New York. The NYISO's need to periodically address market reliability issues and to initiate studies should continue, in the near term. Market participants can raise concerns about reliability issues or submit studies they perform to the ISO and if the ISO believes that they have merit, we can all review and debate them and not be advantaged or disadvantaged by some activities that the ISO decided to undertake with one member. The ISO should not pirate market participants' opportunities to analyze the dynamics of generation availability, transmission, ICAP, and demand to discover areas for investment. What better stimulus than ROI is there to seek out opportunities and eradicate inefficiencies in the market? Let the market work, and the ISO facilitate. Chad Wagner Dynegy