To recommend approval of NPRR376 as recommended by PRS in the 6/23/11 PRS Report and as revised by TAC with a recommended priority of Critical and rank of 9.46.
To recommend approval of NPRR376 as amended by the 6/22/11 ERCOT comments and to forward NPRR376 to TAC.
Passed
Background
Status:
Approved
Date Posted:
Jun 7, 2011
Sponsor:
DC Energy
Urgent:
Yes
Sections:
2.1, 7.5.2, 7.5.2.1, 7.5.2.3, 7.5.3.2, 7.5.4
Description:
This Nodal Protocol Revision Request (NPRR) establishes that Congestion Revenue Right (CRR) Account Holders are not included in the CRR transaction volume limitation process if they do not own open CRR positions or have credit allocated to the CRR Auction. This NPRR also expands ERCOT’s requirement to notify CRR Account Holders about issues pertaining to the transaction limitation.
Reason:
Stakeholders and ERCOT have expressed a need for greater efficiency in the allocation of transactions. As noted in several stakeholder meetings, some CRR Account Holders are not participating in the CRR Auctions, however they are included in the CRR Auction transaction limitation process. Also, improved communication is needed to keep Market Participants fully informed during the two-round bidding process. DC Energy believes there is room for further enhancements to the allocation of available transactions and/or the overall capacity available to the market but has identified these limited "common-sense" changes to provide some amount of immediate relief at minimal cost.