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NERC RC INTRO TO INTERCHANGE TRANSACTIONS with complete solutions
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NERC RC INTRO TO INTERCHANGE TRANSACTIONS with complete solutions
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NERC RC INTRO TO INTERCHANGETRANSACTIONS
What is the Interchange 4 step process? - correct answer ✔✔Arrange
Assess
Confirm
Implement
Who creates the Request For Interchange (RFI)? - correct answer ✔✔PSE
What is the "Interchange Arrangement"? - correct answer ✔✔The process of finding a seller & buyer &
transmission service for a proposed interchange transaction.
Usually done by the PSE (sometimes the BA)
What is the "Interchange Assessment"? - correct answer ✔✔Evaluation of the Arranged Interchange by
the BAs and TSPs involved.
What is the "Interchange Confirmation"? - correct answer ✔✔Agreement on the terms of the
interchange schedule by the BAs involved prior to implementation.
Terms include: MW amount, ramp rate, start time & stop time.
What is "Interchange Implementation"? - correct answer ✔✔The physical initiation of the interchange
schedule by entering into the BAs AGC.
What is the Electric Industry Registry (EIR)? - correct answer ✔✔Database where participants register
including their entity name, codes, sink & source codes used on etags.
Managed by NAESB.
Currently use TSIN for EIR
, What are the 3 main functions of an E-Tag? - correct answer ✔✔Tag Agent-generate & submit e-tags
Tag Approval-indicates entity approval status
Tag Authority-receives request & forwards to appropriate entities
What are the transaction types on an e-tag? - correct answer ✔✔Normal
Dynamic
Emergency
Loss Supply
Capacity
Pseudo Tie
What are the 3 types of physical segments on an e-tag? - correct answer ✔✔Transmission
Generation
Load
What is a "Market Operator"? - correct answer ✔✔An entity responsible for the implementation of an
organized market & submits market adjustments based on market outcomes.
Must be registered in the TSIN in order to submit market adjustments
What is the "Wide Area Reliability Tool"? - correct answer ✔✔generic term intended to reflect a tool
neutral manner.
Eastern called IDC
Western WebSAS
What is "Reliability Assessment"? - correct answer ✔✔...
What is 'vertical stacking' on a e-tag? - correct answer ✔✔Market participant using 2 or more
transmission reservations flowing from the same source to the same sink for the SAME time period.
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