Issues

NPRR087

Summary
Action
Voting Record
Background
Key Documents

Summary

Title	Market Monitor Terminology Change
Next Group
Next Step
Status	Approved on 01/15/2008
Effective Dates	12/01/2010 or per the Nodal Protocol Transition Plan http://www.ercot.com/mktrules/protocols (02/01/08 Nodal Protocols Library)

Action

Date	Gov Body	Action Taken	Next Steps
01/15/2008	BOARD	Approved
01/03/2008	TAC	Recommended for Approval	Board consideration of NPRR087
12/13/2007	PRS	Recommended for Approval
11/15/2007	PRS	Recommended for Approval

Date

Gov Body

Action Taken

Next Steps

01/15/2008

BOARD

Approved

01/03/2008

TAC

Recommended for Approval

Board consideration of NPRR087

12/13/2007

PRS

Recommended for Approval

11/15/2007

PRS

Recommended for Approval

Voting Record

Date	Gov Body	Motion	Result
01/15/2008	BOARD	T approve NPRR087 as recommended by TAC.	Passed
01/03/2008	TAC	Recommended for approval as submitted.	Passed
12/13/2007	PRS	To forward the Recommendation Report and IA to TAC for approval.	Passed
11/15/2007	PRS	To recommend approval of NPRR087 as submitted	Passed

Date

Gov Body

Motion

Result

01/15/2008

BOARD

T approve NPRR087 as recommended by TAC.

Passed

01/03/2008

TAC

Recommended for approval as submitted.

Passed

12/13/2007

PRS

To forward the Recommendation Report and IA to TAC for approval.

Passed

11/15/2007

PRS

To recommend approval of NPRR087 as submitted

Passed

Background

Status:	Approved
Date Posted:	Oct 30, 2007
Sponsor:	ERCOT Staff
Urgent:	No
Sections:	1.1, Summary of the ERCOT Protocols Document; 1.3, Confidentiality ;1.3.1, Restrictions on Protected Information; 1.3.6, Exceptions; 2, Definitions and Acronyms; 3.7, Resource Parameters; 3.10.4, ERCOT Responsibilities; 3.10.7.5, Telemetry Criteria; 3.10.8, Dynamic Ratings; 3.11.4, Transmission Planning Responsibilities; 3.19, Constraint Competitiveness Tests; 6.5.7.3, Security Constrained Economic Dispatch; 8.2, ERCOT Performance Monitoring and Compliance; 17.1, Overview; 17.2, Objectives and Scope of Market Monitoring and Data Collection; 17.3, Market Data Collection and Use; 17.3.1, Information System Data Collection and Retention; 17.3.3, Accuracy of Data Collection; 17.3.4, PUCT Staff and WEMM Review of Data Collection; 17.5, Reports to PUCT Staff, WEMM, and the FERC; and 17.6, Changes to Facilitate Market Operation
Description:	This Nodal Protocol Revision Request (NPRR) replaces the term Wholesale Electric Market Monitor (WEMM) with the term Independent Market Monitor (IMM).
Reason:	Public Utility Regulatory Act (PURA) § 39.1515 (Wholesale Electric Market Monitor) directs the Public Utility Commission (Commission or PUCT) to develop rules governing the operations, standards, funding, and conduct of a wholesale electric market monitor. In compliance with this provision, the Commission adopted PUC Subst. R. 25.365, relating to the Independent Market Monitor. According to PUC Subst. R. 25.365, the entity that has taken on the role of wholesale electric market monitor is referred to as the Independent Market Monitor (IMM). In order to ensure consistency in terminology between the Commission Substantive Rules and the ERCOT Protocols and avoid confusion, the term Wholesale Electric Market Monitor (WEMM) as used in the Nodal Protocols should, therefore, be replaced with the term Independent Market Monitor (IMM).