Change Request 2024-CRF-002

The current timeline for receiving the PRM, resource QCC, and load forecast occur too late for a participant to plan to meet the requirement. 

1. PRM should be published no later than T-2 for the applicable binding season. (2 years ahead of the binding season)
2. PRM should be approved by the Board no later than 1 month following the published deadline. 
3. The Resource QCC’s should be provided to the participant no later than one or two months following the published PRM. 
4. The load forecast should be provided to the participant no later than one or two months following the published PRM. 

Tariff section 14.3: The FSPRM values used in the Forward Showing Submittals for a Binding Season shall be those values approved by the Board of Directors as the culmination of an Advance Assessment process. No later than twelve months before the FS Deadline for each Binding Season, WPP will determine and post the recommended FSPRM for each Subregion for each Month of such Binding Season. Participants shall provide their load, resource and other information reasonably required to perform the analyses and calculations required for the Advance Assessment, in accordance with the Advance Assessment information submission details and schedule specified in the Business Practice Manuals. No later than nine months before the FS Deadline for such Binding Season, the Board of Directors shall take its final action regarding approval of the FSPRM values for each Month of such Binding Season.

The FSPRM values used in the Forward Showing Submittals for a Binding Season shall be those values approved by the Board of Directors as the culmination of an Advance Assessment process. No later than twelve twenty-four months before the FS Deadline for each Binding Season, WPP will determine and post the recommended FSPRM for each Subregion for each Month of such Binding Season. Participants shall provide their load, resource and other information reasonably required to perform the analyses and calculations required for the Advance Assessment, in accordance with the Advance Assessment information submission details and schedule specified in the Business Practice Manuals. No later than nine twenty-three months before the FS Deadline for such Binding Season, the Board of Directors shall take its final action regarding approval of the FSPRM values for each Month of such Binding Season. The Program Operator will provide the resource QCC and load forecast to the participant no later than twenty-two months before the Binding Season. 

The change will allow for additional time for a participant to respond to the binding season requirement which reduces the program uncertainty. 

The current timeline does not allow sufficient time for a participant to act to meet the Forward Showing Requirement.  Additionally, if any modeling changes occurred then the participant maybe planning to an estimated requirement that maybe completely different than the resulting requirement that ends up being approved by the Board.  Furthermore, the QCC and load forecast should be provided to the participant in order for the participant to plan to meet the requirement. Currently, the load forecast in particular is provided too close to the Forward Showing deadline and does not allow sufficient time for a participant to act. This creates additional program uncertainty and risk to the participant. The proposed timeline is still not sufficient for a participant to plan to meet the requirement and longer time horizons should be pursued, however, it is a proposal for a bare minimum that the program should strive to meet to reduce the uncertainty.