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VCMRR034

Summary

Title Excluding RUC Approved Fuel Costs from Fuel Adders
Next Group
Next Step
Status Approved on 10/12/2023
Effective Dates
11/01/2023

Action

Date Gov Body Action Taken Next steps
10/12/2023 PUCT Approved
08/31/2023 BOARD Recommended for Approval Revision Request Consideration
07/25/2023 TAC Recommended for Approval Revision Request Consideration
07/12/2023 WMS Recommended for Approval Revision Request Consideration
06/07/2023 WMS Recommended for Approval Impact Analysis Consideration
02/06/2023 WMS Deferred/Tabled Language Consideration
08/03/2022 WMS Deferred/Tabled Language Consideration

Voting Record

Date Gov Body Motion Result
10/12/2023 PUCT to approve VCMRR034 and accompanying ERCOT Market Impact Statement as presented in Project No. 54445, Review of Rules Adopted by the Independent Organization Passed
08/31/2023 BOARD to recommend approval of VCMRR034 as recommended by TAC in the 7/25/23 TAC Report Passed
07/25/2023 TAC to recommend approval of VCMRR034 as recommended by WMS in the 7/12/23 WMS Report Passed
07/12/2023 WMS to endorse and forward to TAC the 6/7/23 WMS Report and 6/21/22 Impact Analysis for VCMRR034 Passed
06/07/2023 WMS to recommend approval of VCMRR034 as submitted Passed
02/06/2023 WMS to table VCMRR034 Passed
08/03/2022 WMS to table VCMRR034 and refer the issue to the Wholesale Market Working Group (WMWG) Passed

Background

Status: Approved
Date Posted: Jun 21, 2022
Sponsor: ERCOT
Urgent: No
Sections: 3.4
Description: This Verifiable Cost Manual Revision Request (VCMRR) provides that actual fuel purchases that were used to determine the Reliability Unit Commitment (RUC) Guarantee, as described in Protocol Section 9.14.7, Disputes for RUC Make-Whole Payment for Fuel Costs, shall not also be included when calculating fuel adders.
Reason: Addresses current operational issues; Market efficiencies or enhancements

Key Documents