VCMRR006

    Summary

    Title: Fuel Adder Timeline Update
    Next Group:
    Next Step:
    Status: Approved on 03/26/2015
    Effective Date: 04/01/2015

    Action

    Date Gov Body Action Taken Next Steps
    03/26/2015 TAC Approved
    03/04/2015 WMS Recommended for Approval Impact Analysis Consideration

    Voting Record

    Date Gov Body Motion Result
    03/26/2015 TAC To approve VCMRR006 as recommended by WMS in the 3/4/15 WMS Report and as amended by the 3/9/15 ERCOT comments. Passed
    03/04/2015 WMS To recommended approval of VCMRR006 as amended by the 2/26/15 ERCOT Comments. 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: 02/13/2015
    Sponsor: Resource Cost Working Group (RCWG)
    Urgent: No
    Sections: 3
    Description: This Verifiable Cost Manual Revision Request (VCMRR) proposes an adjustment to the timeline required for the fuel adder submissions. Previously, Resources were required to update their fuel adder costs every season. ERCOT proposes to reduce this requirement to once every six months. This VCMRR also updates language that allows Resources with all fuel types to submit actual fuel adders.
    Reason: Addresses current operational issues. Market efficiencies of enhancements.

    Key Documents