SCR779

    Summary

    Title: Increase to the CRR Auction Transaction Limit
    Next Group:
    Next Step:
    Status: Approved on 04/08/2014

    Action

    Date Gov Body Action Taken Next Steps
    04/08/2014 Board of Directors Approved
    02/27/2014 TAC Recommended for Approval ERCOT Board of Directors for consideration
    02/13/2014 PRS Recommended for Approval TAC for consideration
    01/16/2014 PRS Recommended for Approval PRS Impact Analysis review

    Voting Record

    Date Gov Body Motion Result
    04/08/2014 Board of Directors To approve SCR779 as recommended by TAC in the 2/27/14 TAC Report Passed
    02/27/2014 TAC To recommend approval of SCR779 as recommended in the 2/13/14 PRS Report and to include the 2/20/14 ERCOT comments and the 2/25/14 DC Energy comments in the Business Case for SCR779. Passed
    02/13/2014 PRS To endorse and forward the 1/16/14 PRS Report and Impact Analysis for SCR779 to TAC with a recommended priority of 2014 and a rank of 898. Passed
    01/16/2014 PRS To recommend approval of SCR779 as submitted. 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: 12/31/2013
    Sponsor: ERCOT
    Urgent: No
    Sections:
    Description: During Congestion Revenue Right (CRR) Auctions, a system limitation results in an aggregate limitation of 200,000 market transactions for CRR Account Holders. This System Change Request (SCR) increases the limit by 50% to 300,000 market transactions. This change will require improvements to the CRR software and enhancements to downstream systems to ensure that they can properly handle the increased transaction volume.
    Reason: The current aggregate system limitation of 200,000 market transactions results in individual CRR Account Holders not being able to submit the number of transactions as they might otherwise like to submit. This may restrict participation in the CRR Auctions, limit the granularity in the transactions submitted, and reduce the number of transactions that are finally cleared within the CRR Auction. Increasing the limit by 50% will help in alleviating these concerns. The change will also lower the likelihood of ERCOT needing to open a transaction adjustment period.

    Key Documents