To endorse and forward the 11/21/13 PRS Report and Impact Analysis for NPRR580 to TAC with a recommended priority of 2014 and rank of 1060 and recommend that NPRR580 be included in the Settlements System Upgrade project.
To recommend approval of NPRR580 as revised by PRS with a $10 million CRR Balancing Account Fund cap.
Passed
Background
Status:
Approved
Date Posted:
Nov 6, 2013
Sponsor:
ERCOT
Urgent:
No
Sections:
7.9.3.4, 7.9.3.5, 7.9.3.6 (new)
Description:
This Nodal Protocol Revision Request (NPRR) establishes a rolling Balancing Account Fund.
Reason:
These changes allow for months that have excess Congestion Rent funds (Congestion Revenue Rights (CRR) Balancing Account credits) to refund CRR shortfalls in subsequent months. The CRR Balancing Account Fund level in paragraph (1) of Section 7.9.3.5, CRR Balancing Account Closure, will be determined through the stakeholder process prior to approval of the NPRR.