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NPRR355
Summary
| Title | Adjust the Calculation of the Real-Time Settlement Point Price for a Load Zone |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 08/16/2011 |
| Effective Dates |
02/24/2012
|
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 08/16/2011 | BOARD | Approved | |
| 07/07/2011 | TAC | Recommended for Approval | ERCOT Board consideration of NPRR355 |
| 06/23/2011 | PRS | Recommended for Approval | TAC consideration of NPRR355 |
| 05/19/2011 | PRS | Recommended for Approval | PRS Impact Analysis review |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 08/16/2011 | BOARD | To approve NPRR355 as recommended by TAC in the 7/7/11 TAC Report. | Passed |
| 07/07/2011 | TAC | To recommend approval of NPRR355 as recommended by PRS in the 6/23/11 PRS Report. | Passed |
| 06/23/2011 | PRS | To endorse and forward the 5/19/11 PRS Report, Impact Analysis and Cost Benefit Analysis for NPRR355 to TAC with a recommended priority of High and rank of 32. | Passed |
| 05/19/2011 | PRS | To recommend approval of NPRR355 as submitted. | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Apr 27, 2011 |
| Sponsor: | ERCOT |
| Urgent: | No |
| Sections: | 6.6.1.2, 6.6.3.1, 6.6.3.2, 6.6.3.3, 6.6.3.5 |
| Description: | This Nodal Protocol Revision Request (NPRR) removes the energy-weighting in the current calculation for the Real-Time Settlement Point Price (RTSPP) for a Load Zone. It also adds a new RTSPP for a Load Zone that is energy-weighted (Real-Time Settlement Point Price Energy-Weighted (RTSPPEW)) and adjusts the appropriate formulas that use these prices. This NPRR also corrects the Real-Time Price for the Energy Metered for each Resource meter at bus (RTRMPR b) in the event that the Energy at bus near Real-Time (EBNRT) is less than or equal to zero. This NPRR also includes several minor, non-substantive corrections. |
| Reason: | The two equations using the RTSPP and RTSPPEW prices are the Real-Time Energy Imbalance Amount (RTEIAMT) at a Load Zone and Block Load Transfer Resource Amount (BLTRAMT). The proposed adjustments will ensure that for 15 minute Settlement Intervals in which there is no congestion (i.e. within each SCED interval all the LMPs are the same at all electrical buses) there will be no difference in the Load Zone, Resource Node and Hub 15 minute prices. |
Key Documents
Apr 27, 2011 - doc - 232.5 KB
Apr 27, 2011 - doc - 62 KB
May 12, 2011 - doc - 198 KB
May 23, 2011 - doc - 238 KB
Jun 17, 2011 - doc - 63 KB
Jun 22, 2011 - xls - 183.5 KB
Jun 27, 2011 - doc - 241.5 KB
Jul 7, 2011 - doc - 243.5 KB
Jul 8, 2011 - doc - 63 KB
Aug 16, 2011 - doc - 244 KB