NPRR376

    Summary

    Title: CRR Volume Limitation Enhancements
    Next Group:
    Next Step:
    Status: Approved on 07/19/2011
    Effective Date: 09/06/2011

    Action

    Date Gov Body Action Taken Next Steps
    07/19/2011 Board of Directors Approved
    07/07/2011 TAC Recommended for Approval ERCOT Board consideration of NPRR376
    06/23/2011 PRS Recommended for Approval TAC consideration of NPRR376

    Voting Record

    Date Gov Body Motion Result
    07/19/2011 Board of Directors To approve NPRR376 as recommended by TAC in the 7/7/11 TAC Report. Passed
    07/07/2011 TAC To recommend approval of NPRR376 as recommended by PRS in the 6/23/11 PRS Report and as revised by TAC with a recommended priority of Critical and rank of 9.46. Passed
    06/23/2011 PRS To recommend approval of NPRR376 as amended by the 6/22/11 ERCOT comments and to forward NPRR376 to TAC. Passed

    Vote tallies here reflect individual votes, not the weight of the votes by market segment. Affirmative votes are not recorded in these vote tallies. For additional details on the voting record, please consult the Recommendation or Action Report, or the official vote tally if available, as posted in the key documents.

    Background

    Status: Approved
    Date Posted: 06/07/2011
    Sponsor: DC Energy
    Urgent: Yes
    Sections: 2.1, 7.5.2, 7.5.2.1, 7.5.2.3, 7.5.3.2, 7.5.4
    Description: This Nodal Protocol Revision Request (NPRR) establishes that Congestion Revenue Right (CRR) Account Holders are not included in the CRR transaction volume limitation process if they do not own open CRR positions or have credit allocated to the CRR Auction. This NPRR also expands ERCOT’s requirement to notify CRR Account Holders about issues pertaining to the transaction limitation.
    Reason: Stakeholders and ERCOT have expressed a need for greater efficiency in the allocation of transactions. As noted in several stakeholder meetings, some CRR Account Holders are not participating in the CRR Auctions, however they are included in the CRR Auction transaction limitation process. Also, improved communication is needed to keep Market Participants fully informed during the two-round bidding process. DC Energy believes there is room for further enhancements to the allocation of available transactions and/or the overall capacity available to the market but has identified these limited "common-sense" changes to provide some amount of immediate relief at minimal cost.

    Key Documents