VCMRR008

    Summary

    Title: Alignment with NPRR700, Utilizing Actual Fuel Cost in Startup Offer Caps
    Next Group:
    Next Step:
    Status: Approved on 08/27/2015
    Effective Date: 06/22/2016

    Action

    Date Gov Body Action Taken Next Steps
    08/27/2015 TAC Approved
    07/30/2015 TAC Deferred/Tabled Revision Request Consideration
    07/08/2015 WMS Recommended for Approval Revision Request Consideration
    06/03/2015 WMS Deferred/Tabled Language Consideration

    Voting Record

    Date Gov Body Motion Result
    08/27/2015 TAC To approve VCMRR008 as recommended by WMS in the 7/8/15 WMS Report. Passed
    07/30/2015 TAC To table VCMRR008. Passed
    07/08/2015 WMS To recommend approval of VCMRR008 as amended by the 6/26/15 ERCOT comments. Passed
    06/03/2015 WMS To table VCMRR008. 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: 04/29/2015
    Sponsor: RCWG
    Urgent: No
    Sections: 3, Appendix 5
    Description: NPRR700 revises Protocols to incorporate actual fuel costs into the Day-Ahead Market (DAM) and Reliability Unit Commitment (RUC) procurement process and DAM Make-Whole Payment calculations. This Verifiable Cost Manual Revision Request (VCMRR) aligns the Verifiable Cost Manual with the provisions proposed by NPRR700.
    Reason: Addresses current operational issues, Market efficiencies or enhancements

    Key Documents