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ALERT — SQMD Plan Affirmations Due to CAISO October 31
Experts say, “Don’t wait to ask for help”
Folsom, CA, August 29, 2023 – If your resource participated in the CAISO market as a Scheduling Coordinator Metered Entity (SCME) for one or more trade days prior to August 1, 2023, your annual SQMD Plan Affirmation deadline is quickly approaching.
To become an SCME, the resource must prepare and submit a Settlement Quality Meter Data (SQMD) Plan for CAISO approval. Part of that plan is a commitment to an annual SQMD Plan Affirmation to confirm that the SQMD submitted to CAISO complies with the approved SQMD Plan. These SQMD Plan Affirmations are due by October 31 every year. On years ending with an even digit, Scheduling Coordinators (SCs) must also conduct a SC Self-Audit Attestation.
Trimark’s Role
“We’re already helping our clients prepare their 2023 Affirmations for submission,” said Glen Perez, Trimark Consulting Services Director. “Don’t wait to ask for help. The backlog of entities seeking last minute assistance will grow rapidly.” With extensive experience in the rules and processes around the CAISO SCME approach, Mr. Perez helps resources navigate the CAISO NRI and SCME requirements and perform audits and reviews.
Trimark’s Audit Team will evaluate the entity’s SQMD process and identify any issues with compliance that require remediation. Once ready, Trimark will issue a report to the SC/Resource Owner that serves as evidence that the SCME is following their approved SQMD Plan. The SQMD Plan Attestation report provides support for the Scheduling Coordinator’s signed SQMD Plan Affirmation submitted to the CAISO.
Need Assistance With Your Affirmation?
Trimark can help. Please Contact Us.
If you’re considering becoming an SCME, Trimark can help with that, too. Our team will guide you through the SQMD planning and approval process. Services can include preparation and submittal of the SQMD Plan; meter reading; Validation Editing and Estimation (VEE); submittal of accurate and timely Settlement Quality Meter Data; and performance of the reviews and audits required for ongoing CAISO market participation.
About Trimark
Trimark Associates, Inc., the industry leader in intelligent energy control, delivers industry-leading solutions to allow real-time operational control, enable informed management of power production operations, and ensure regulatory compliance. Trimark’s turnkey products, engineering, and customer support services control, measure, and manage all aspects of power production that utility-scale power producers require to maintain peak business performance and achieve financial goals.
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