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NPRR1264

Summary

Title Creation of a New Energy Attribute Certificate Program
Next Group PRS
Next Step Language Consideration
Status Pending

Action

Date Gov Body Action Taken Next Steps
No updates have been made to this issue.

Voting Record

Date Gov Body Motion Result
No updates have been made to this issue.

Background

Status: Pending
Date Posted: Dec 19, 2024
Sponsor: Texas Energy Buyers Alliance (TEBA)
Urgent: No
Sections: 1.3.1.1, 2.1, 2.2, 14, 14.1, 14.2, 14.2.1, 14.3, 14.3.1, 14.3.2, 14.4, 14.5.1, 14.5.2 (delete), 14.5.3 (delete), 14.6, 14.6.2 (delete), 14.7, 14.8, 14.9, 14.9.1 (delete), 14.9.2 (delete), 14.9.3 (delete), 14.9.3.1 (delete), 14.9.4 (delete), 14.9.5 (delete), 14.10, 14.10.1 (delete), 14.10.2 (delete), 14.10.3 (delete), 14.11 (delete), 14.12, 14.12 (new), 14.13, 16.7, 21.2, 22A, 22C
Description: This Nodal Protocol Revision Request (NPRR) introduces the concept of Energy Attribute Certificates (EACs) and makes Renewable Energy Certificates (RECs) a subcategory of EACs. EACs can be earned by any generator, regardless of fuel type. By introducing EACs, this NPRR also allows all generators, such as energy storage generators, nuclear generators, or other generators to participate in the program, and add specificity to their attributes so buyers and sellers know what they are transacting. To add value to the EAC program, this NPRR creates a new category of participants – third-party certification programs. EAC Account Holders may use these third parties to provide documentation to ERCOT and other Market Participants about how they charged energy storage devices, provided fuel for generators, or met certain operational characteristics to be determined by Market Participants. This NPRR also allows ERCOT to allow a third-party administrator to administer the program. Finally, this NPRR adds a robust programmatic interface to EAC trading and accounting.
Reason: Strategic Plan Objective 2 – Enhance the ERCOT region’s economic competitiveness with respect to trends in wholesale power rates and retail electricity prices to consumers
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