To recommend approval of NPRR492 as revised by PRS.
Passed
Background
Status:
Approved
Date Posted:
Oct 26, 2012
Sponsor:
Jackie Ashbaugh on behalf of Market Information System User Group (MISUG)
Urgent:
No
Sections:
2.1, 4.5.1, 6.3.2, 6.6.1
Description:
This Nodal Protocol Revision Request (NPRR) accounts for the addition of the System Lambda to the Locational Marginal Price (LMP) by Resource Node, Load Zone and Trading Hub report and display; and defines System Lambda within the Protocols and applies the defined term throughout.
Reason:
System Lambda is the missing component needed by Market Participants to accurately calculate and shadow LMP prices.