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NPRR1215

Summary

Title Clarifications to the Day-Ahead Market (DAM) Energy-Only Offer Calculation
Next Group
Next Step
Status Approved on 11/21/2024
Effective Dates
12/01/2024

Action

Date Gov Body Action Taken Next Steps
11/21/2024 PUCT Approved
10/10/2024 BOARD Recommended for Approval PUCT for consideration
09/19/2024 TAC Recommended for Approval Board for consideration
08/28/2024 TAC Deferred/Tabled TAC for consideration
08/20/2024 BOARD Remanded TAC for consideration
06/24/2024 TAC Recommended for Approval Board for consideration
06/13/2024 PRS Recommended for Approval TAC for consideration
05/09/2024 PRS Recommended for Approval PRS for Impact Analysis consideration
02/08/2024 PRS Deferred/Tabled PRS for consideration

Voting Record

Date Gov Body Motion Result
11/21/2024 PUCT To approve NPRR1215 and accompanying ERCOT Market Impact Statement as presented in Project No. 54445, Review of Protocols Adopted by the Independent Organization Passed
10/10/2024 BOARD To recommend approval of NPRR1215 as recommended by TAC in the 9/19/24 TAC Report Passed
09/19/2024 TAC To recommend approval of NPRR1215 as recommended by TAC in the 6/24/24 TAC Report as amended by the 8/1/24 ERCOT comments as revised by TAC Passed
08/28/2024 TAC To table NPRR1215 Passed
08/20/2024 BOARD To remand NPRR1215 to TAC Passed
06/24/2024 TAC To recommend approval of NPRR1215 as recommended by PRS in the 6/13/24 PRS Report Passed
06/13/2024 PRS To endorse and forward to TAC the 5/9/24 PRS Report and 1/23/24 Impact Analysis for NPRR1215 Passed
05/09/2024 PRS To recommend approval of NPRR1215 as amended by the 4/12/24 ERCOT comments Passed
02/08/2024 PRS To table NPRR1215 and refer the issue to the Credit Finance Sub Group (CFSG) Passed

Background

Status: Approved
Date Posted: Jan 23, 2024
Sponsor: ERCOT
Urgent: No
Sections: 4.4.10
Description: This Nodal Protocol Revision Request (NPRR) clarifies that the Day-Ahead Market (DAM) Energy-Only Offer credit exposure calculation zeros out negative values, with any zeroed out values being included in the calculation of the dpth percentile difference. This clarification aligns with how ERCOT has been performing the calculation since Nodal Go-Live.
Reason: General system and/or process improvement(s)

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