To recommended approval of NPRR211 as amended by the 3/25/10 WMS comments.
Passed
Background
Status:
Approved
Date Posted:
Feb 11, 2010
Sponsor:
J. Aron & Company
Urgent:
No
Sections:
2.1, 4.4.2, 5.4, 5.7.4.1.1
Description:
This Nodal Protocol Revision Request (NPRR) specifies that Energy Trades representing firm physical products that are entered and confirmed through ERCOT must be submitted by 1430 in the Day-Ahead for the Operating Day, and that Energy Trades representing firm physical products that are executed during the adjustment period and confirmed through ERCOT must be submitted prior to the next Hourly Reliability Unit Commitment (HRUC) execution.
Additional non-substantive administrative revisions, such as correcting acronym usage and formatting, are shown with the author "ERCOT Market Rules."
Reason:
The purpose of this NPRR is to consolidate and align the Energy Trade submission deadlines for Reliability Unit Commitment (RUC) Capacity-Short Charge Settlement with the final Energy Trade submission deadline to eliminate conflicting rules and accommodate the bilateral energy market. RUC costs should be allocated to Market Participants based on their economic decisions to be short capacity and not as a consequence of the timing of trade submissions by their trading counterparty to ERCOT.