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NPRR288
Summary
| Title | Selection of CRR Load Distribution Factors for Use in CRR Monthly and Annual Auctions |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 11/16/2010 |
| Effective Dates |
12/01/2010
|
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 11/16/2010 | BOARD | Approved | |
| 11/04/2010 | TAC | Recommended for Approval | Board consideration |
| 10/21/2010 | PRS | Recommended for Approval | TAC Consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 11/16/2010 | BOARD | To approve NPRR288 as recommended by TAC in the 11/4/10 TAC Report | Passed |
| 11/04/2010 | TAC | To recommend approval of NPRR288 as recommended by PRS in the 10/21/10 PRS Report. | Passed |
| 10/21/2010 | PRS | To recommend approval of NPRR288 as submitted and to forward NPRR288 and the Impact Analysis to TAC. |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Oct 20, 2010 |
| Sponsor: | ERCOT |
| Urgent: | No |
| Sections: | 7.3, 7.5, 7.5.1 |
| Description: | As ERCOT has worked through improvements in development of the Load distribution factor values used in the Day-Ahead Market (DAM) and Network Model validation process, this Nodal Protocol Revision Request (NPRR) has been created to allow the Congestion Revenue Right (CRR) Auction process to leverage use of this alternative Load distribution factor for monthly CRR Auctions. In this manner, the monthly CRR Auction and DAM are more operationally accurate and aligned. This NPRR also includes a change to Section 7.3 to clarify that the Flowgate Revenue Rights, which ERCOT is required to auction, are those flowgates defined and described in accordance with Section 7.3.1, Flowgates. |
| Reason: | The revised process for the selection of CRR Auction Load distribution factors will result in a CRR Auction solution that better reflects the system conditions that are expected to exist in the auction month. This is expected to improve the intrinsic value of the CRR products sold in the auction. |
Key Documents
Oct 20, 2010 - doc - 87 KB
Oct 20, 2010 - doc - 70 KB
Oct 20, 2010 - doc - 45.5 KB
Oct 25, 2010 - doc - 93.5 KB
Nov 5, 2010 - doc - 96.5 KB
Nov 16, 2010 - doc - 97 KB