How We Do It in MISO
How We Do It in MISO
How We Do It in MISO
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Ramp Products - Payments and Charges<br />
• Pric<strong>in</strong>g<br />
– Dispatch solutions produces Ramp Capability clear<strong>in</strong>g prices for the<br />
<strong>in</strong>cremental cost of additional Ramp Capability products<br />
– Prices <strong>in</strong>clude opportunity costs and demand curves if not fully cleared<br />
• Payments<br />
– Similar to AS products<br />
– Awarded Ramp Capability is paid product clear<strong>in</strong>g price<br />
• Charges<br />
– Similar to AS products<br />
– Load charges are <strong>in</strong>creased to compensate for Ramp capability<br />
payments to resources however reduced scarcity pric<strong>in</strong>g decreases<br />
load payments (caus<strong>in</strong>g an overall production cost sav<strong>in</strong>g)<br />
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