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NPRR1081

Summary

Title Revisions to Real-Time Reliability Deployment Price Adder to Consider Firm Load Shed
Next Group
Next Step
Status Approved on 06/28/2021
Effective Dates
07/01/2021

Action

Date Gov Body Action Taken Next Steps
06/28/2021 BOARD Approved
06/23/2021 TAC Recommended for Approval Board for consideration
06/10/2021 PRS Recommended for Approval TAC for consideration

Voting Record

Date Gov Body Motion Result
06/28/2021 BOARD To approve NPRR1081 as recommended by TAC in the 6/23/21 TAC Report Passed
06/23/2021 TAC To recommend approval of NPRR1081 as recommended by PRS in the 6/10/21 PRS Report as amended by the 6/16/21 ERCOT comments with a recommended effective date of July 1, 2021 Passed
06/10/2021 PRS To grant NPRR1081 Urgent status; to recommend approval of NPRR1081 as submitted; and to forward to TAC NPRR1081 and the Impact Analysis with a recommended priority of 2021 and rank of 3340 and a recommended effective date of upon ERCOT Board approval Passed

Background

Status: Approved
Date Posted: Jun 3, 2021
Sponsor: ERCOT and IMM
Urgent: Yes
Sections: 6.5.7.3.1
Description: This Nodal Protocol Revision Request (NPRR) modifies the calculation of the Real-Time On-Line Reliability Deployment Price Adder so that the combination of System Lambda, the Real-Time On-Line Reserve Price Adder, and the Real-Time On-Line Reliability Deployment Price Adder will be equal to the Value of Lost Load (VOLL) when ERCOT is directing firm Load shed during Energy Emergency Alert (EEA) Level 3.
Reason: Addresses current operational issues

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