Negative load bids
MISO captured below, from the Tariff. The general rules for demand bid only indicate that if they intend to purchase Energy. The Tariff doesn’t mention Demand Bids can be used to Sell Energy in the market.
Demand Bid Rules in the Day-Ahead Energy and Operating Reserve Market:
The.General Demand Bid Rules. Market Participants that intend to purchase Energy in the Day-Ahead Energy and Operating Reserve Market shall submit Fixed Demand Bids and/or Price Sensitive Demand Bids and shall provide the Bid information specified in this Section. Only Market Participants that have demonstrated to the Transmission Provider’s satisfaction that they are Load Serving Entities or are purchasing on behalf of Load Serving Entities may submit Demand Bids. The Transmission Provider shall maintain a list of Commercial Pricing Nodes that may be specified in Demand Bids by Market Participants.
b.Fixed Demand Bid Components.Fixed Demand Bids shall include:i.The Commercial Pricing Node registered by the Market Participant for which it intends to purchase the designated MWh of Energy.ii.Hourly MWh quantities, with a default of zero (0) MWh.
c.Price Sensitive Demand Bid Data.Price Sensitive Demand Bids shall include:i.Commercial Pricing Node registered by the Market Participant for which it intends to purchase the designated MWh of Energy. ii.A maximum of nine (9) bid blocks for each Hour, where each Bid block specifies a maximum price ($/MWh), and MWh quantity. Price Sensitive Demand Bids may not exceed the Energy Offer Hard Price Cap.
- MPs cannot submit negative demand bid on load zone.
- If BTM Gen is modeled as part of a load zone, then BTM Gen is price taker. They cannot offer into DA/RT market. If they’d like to offer it into the market, they could register it as DRR2.
- BTMG units can belong to load zone CPNodes which sometimes settle as negative load
MISO captured below, from the Tariff. The general rules for demand bid only indicate that if they intend to purchase Energy. The Tariff doesn’t mention Demand Bids can be used to Sell Energy in the market.
Demand Bid Rules in the Day-Ahead Energy and Operating Reserve Market:
The.General Demand Bid Rules. Market Participants that intend to purchase Energy in the Day-Ahead Energy and Operating Reserve Market shall submit Fixed Demand Bids and/or Price Sensitive Demand Bids and shall provide the Bid information specified in this Section. Only Market Participants that have demonstrated to the Transmission Provider’s satisfaction that they are Load Serving Entities or are purchasing on behalf of Load Serving Entities may submit Demand Bids. The Transmission Provider shall maintain a list of Commercial Pricing Nodes that may be specified in Demand Bids by Market Participants.
b.Fixed Demand Bid Components.Fixed Demand Bids shall include:i.The Commercial Pricing Node registered by the Market Participant for which it intends to purchase the designated MWh of Energy.ii.Hourly MWh quantities, with a default of zero (0) MWh.
c.Price Sensitive Demand Bid Data.Price Sensitive Demand Bids shall include:i.Commercial Pricing Node registered by the Market Participant for which it intends to purchase the designated MWh of Energy. ii.A maximum of nine (9) bid blocks for each Hour, where each Bid block specifies a maximum price ($/MWh), and MWh quantity. Price Sensitive Demand Bids may not exceed the Energy Offer Hard Price Cap.