To rejecte the 5/7/13 Citigroup Energy Appeal and direct TAC to report to the July 2013 ERCOT Board meeting with options for addressing price-reversal.
Tto recommend approval of NPRR444 as amended by the 12/20/12 ERCOT comments and direct that NPRR444 return to PRS with an Impact Analysis failed via roll call vote.
To table NPRR444 and to refer the issue to WMS and the Market Enhancement Task Force (METF) and request that they hold a workshop to discuss NPRR444 and to review the Hogan Paper and determine its relevancy.
Generation and Load Resources deployed for reliability purposes often result in market distortions that artificially lower prices when market conditions would call for prices to be at a higher level. This Nodal Protocol Revision Request (NPRR) works to remove those influences from the market for more accurate price formation.
Reason:
To remove the distortions created by Generation and Load Resources deployed for reliability purposes when those Resources are at or near their Low Sustainable Limits (LSLs) or, in the case of Load Resources, have been deployed at all.