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NPRR847

Summary

Title Exceptional Fuel Cost Included in the Mitigated Offer Cap
Next Group
Next Step
Status Approved on 08/07/2018
Effective Dates
04/05/2019

Action

Date Gov Body Action Taken Next Steps
08/07/2018 BOARD Approved
07/26/2018 TAC Recommended for Approval Revision Request Consideration
06/12/2018 BOARD Remanded Revision Request Consideration
05/24/2018 TAC Recommended for Approval Revision Request Consideration
04/12/2018 PRS Recommended for Approval Revision Request Consideration
03/08/2018 PRS Recommended for Approval Impact Analysis Consideration
09/14/2017 PRS Deferred/Tabled Language Consideration

Voting Record

Date Gov Body Motion Result
08/07/2018 BOARD To approve NPRR847 as recommended by TAC in the 7/26/18 TAC Report. Passed
07/26/2018 TAC To recommend approval of NPRR847 as recommended by PRS in the 4/12/18 PRS Report as amended by the 6/21/18 ERCOT comments. Passed
06/12/2018 BOARD To remand NPRR847 to TAC. Passed
05/24/2018 TAC To recommend approval of NPRR847 as recommended by PRS in the 4/12/18 PRS Report. Passed
04/12/2018 PRS To endorse and forward to TAC the 3/8/18 PRS Report and Impact Analysis for NPRR847 with a recommended priority of 2018 and a rank of 2210. Passed
03/08/2018 PRS To recommend approval of NPRR847 as amended by the 1/30/18 ERCOT comments. Passed
09/14/2017 PRS To table NPRR847 and refer the issue to WMS. Passed

Background

Status: Approved
Date Posted: Aug 29, 2017
Sponsor: ERCOT
Urgent: No
Sections: 2.1, 2.2, 4.4.9.4.1, 6.6.3.7, 6.6.3.8, 9.5.3, 9.14.7
Description: This Nodal Protocol Revision Request (NPRR) provides a long-term solution that was requested by Market Participants during the stakeholder review and approval of NPRR664, Fuel Index Price for Resource Definition and Real-Time Make-Whole Payments for Exceptional Fuel Cost Events. In substitution for the NPRR664 language that is removed by this NPRR, ERCOT proposes the following: • Allowing Qualified Scheduling Entities (QSEs) to submit weighted average fuel prices in the Mitigated Offer Cap (MOC) for Real-Time mitigation, and • Consolidation of the calculation of the MOC into a single equation for clarification.
Reason: Addresses current operational issues; Market efficiencies or enhancements

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