The primary purpose of transferring information from AURORA to the Regional Portfolio Model (RPM) is to inform the RPM of wholesale market information, specifically the following:
- The transfer of information on a quarterly basis was similar to the Seventh Power Plan methodology. Specific aspects were modified this plan to deal with negative pricing and the development of hourly price distributions from the native AURORA data in the RPM were refined to better reflect new market fundamentals. These changes were covered in detail in multiple System Analysis Advisory Committee and Council meetings:
September 2, 2020 SAAC
September 29, 2020 SAAC
Quarterly On/Off Peak Avoided Market Emissions Rate
Quarterly Renewable Energy Credit Price Forecast