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NPRR147

Summary

Title DAM Short Pay Changes
Next Group
Next Step
Status Withdrawn on 07/27/2010

Action

Date Gov Body Action Taken Next Steps
08/21/2008 PRS Referred PRS language consideration
07/27/2010 Withdrawn
11/20/2008 PRS Referred WMS and Credit WG consideration of NPRR147
10/23/2008 PRS Deferred/Tabled PRS language consideration
09/24/2008 PRS Referred WMS review of NPRR147

Voting Record

Date Gov Body Motion Result
08/21/2008 PRS To refer NPRR147 to the Transition Plan Task Force (TPTF). Passed
07/27/2010
11/20/2008 PRS To refer NPRR147 to WMS and the Credit Work Group (Credit WG). Passed
10/23/2008 PRS To table NPRR147. Passed
09/24/2008 PRS To refer NPRR147 to the Wholesale Market Subcommittee (WMS) to consider Reliant Energy’s comments to TPTF as well as subsequent comments made to NPRR147. Passed

Background

Status: Withdrawn
Date Posted: Aug 13, 2008
Sponsor: Clayton Greer on behalf of the Wholesale Market Subcommittee (WMS)
Urgent: No
Sections: 7.5.7, 7.6, 7.9.3.5, 9.4.3, 9.10, 9.12 and 9.13
Description: This Nodal Protocol Revision Request (NPRR) changes the way short pays to the Day-Ahead Market (DAM) are handled. This NPRR reallocates short payments using a procedure that draws from the Congestion Revenue Right (CRR) Auction revenue account first and then draws any additional shortfalls from the CRR Balancing Account.
Reason: Allocation to the DAM of short pays is ineffective due to the voluntary nature of the DAM. This NPRR will prevent the potential collapse of the DAM should a large default event occur with CRRs or the DAM.

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