WPP Annual BPM Review (Correction and Clarification Updates)
WPP (Lead Sponsor) Description of the Issue:
Following the completion and Board approval of all WRAP Business Practice Manuals (BPMs) in September 2024, WPP undertook a comprehensive review of the BPMs throughout 2025 (such reviews will take place annually). This Non-Task Force Proposal (NTFP) contains non-substantive changes to the BPMs that were captured during the review process, encompassing minor corrections to clean-up erroneous language and housekeeping edits for consistency. None of the BPM edits in this NTFP reflect changes in intent, functionality, or policy. The following BPMs are affected:
BPM 101 – Advance Assessment
BPM 102 – Forward Showing Reliability Metric
BPM 103 – Participant Forward Showing Capacity Requirements
BPM 104 – Determination of Capacity Critical Hours
BPM 105 – Qualifying Resources
BPM 106 – Qualifying Contracts
BPM 107 – Forward Showing Deficiency Charge
BPM 108 – Forward Showing Submittal Process
BPM 109 – Forward Showing Transition Period
BPM 201 – Operations Program Timeline
BPM 202 – Participant Sharing Calculation Inputs
BPM 203 – Program Sharing Calculation Inputs
BPM 204 – Holdback Requirement
BPM 205 – Energy Deployment
BPM 206 – Settlement Pricing
BPM 207 – Settlement Process
BPM 209 – Energy Delivery Failure Charge
BPM 210 – Binding and Non-Binding Participation in Operations Program
BPM 301 – Program Review Committee Workplan Development and Approval
BPM 302 – Program Review Committee Proposal Development and Consideration
BPM 303 – Expedited Review Process
BPM 304 – Amendments to Schedule 1 and WRAP Agreement
BPM 401 – New Participant Onboarding
BPM 402 – Protection of Commercially Sensitive and Confidential Information
Includes 2026-NTFP-01 Form and BPM Redlines