- Home
- Market Rules
- Issues
NPRR509
Summary
| Title | Shortened RTM Settlement Timeline |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 03/19/2013 |
| Effective Dates |
08/01/2013
|
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 03/19/2013 | BOARD | Approved | |
| 02/07/2013 | TAC | Recommended for Approval | ERCOT Board for consideration. |
| 01/17/2013 | PRS | Recommended for Approval | TAC Consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 03/19/2013 | BOARD | To approve NPRR509 as recommended by TAC in the 2/7/13 TAC Report. | Passed |
| 02/07/2013 | TAC | To recommend approval of NPRR509 as recommended by PRS in the 1/17/13 PRS Report with a recommended Priority of 2014 and rank of 930. | Passed |
| 01/17/2013 | PRS | To recommend approval of NPRR509 as amended by the 1/16/13 ERCOT comments and to forward NPRR509 to TAC | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Dec 20, 2012 |
| Sponsor: | Harika Basaran on behalf of the Commercial Operations Subcommittee (COPS) |
| Urgent: | Yes |
| Sections: | 9.5.4 and 9.5.5 |
| Description: | This NPRR proposes a phased approach to reduce the posting date for the Initial Settlement Statement from nine days after the Operating Day to seven days after the Operating Day and reduces the posting date of the Final Settlement Statement from the 59th day after the Operating Day to the 57th day after the Operating Day. |
| Reason: | This NPRR provides for a shortened Settlement timeline as discussed at the 9/28/12 PUCT Open Meeting, under Project 40000, Commission Proceeding to Ensure Resource Adequacy in Texas, and as agreed upon at the 12/14/12 Commercial Operations Subcommittee (COPS) meeting. COPS recommends that the two phased approach described below be taken to reduce the Settlement timeline: Phase one reduces the posting requirement for the Initial Settlement Statement to eight days after the Operating Day. COPS recommends that phase one implementation occur 4/1/13 or the first day of the month following ERCOT Board approval of this NPRR. Phase two further reduces the posting requirement for the Initial Settlement Statement to seven days after the Operating Day. Additionally, the posting date of Final Settlement Statements is reduced from the 59th day after the Operating Day to the 57th day after the Operating Day to compensate for the two days eliminated from the Initial Settlement Statement posting. COPS recommends that phase two implementation occur three months after the implementation of phase one in order to allow time to address any issues or concerns that may arise from the initial reduction in the Settlement timeline and also to evaluate the accuracy and completeness of meter data. |
Key Documents
Dec 20, 2012 - doc - 65.5 KB
Jan 16, 2013 - doc - 88 KB
Jan 22, 2013 - doc - 80 KB
Jan 31, 2013 - doc - 38 KB
Jan 31, 2013 - doc - 56.5 KB
Feb 11, 2013 - doc - 86 KB
Mar 21, 2013 - doc - 86.5 KB