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NPRR664
Summary
| Title | Fuel Index Price for Resource Definition and Real-Time Make-Whole Payments for Exceptional Fuel Cost Events |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 11/06/2014 |
| Effective Dates |
01/01/2015
Sections 2.2, 6.6.3.7, and 6.6.3.8 05/01/2015
Grey-box Sections 6.6.3.7 and 6.6.3.8 until system implementation |
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 12/09/2014 | BOARD | Approved | |
| 11/20/2014 | TAC | Recommended for Approval | Board for consideration |
| 11/06/2014 | PRS | Approved | PRS for consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 12/09/2014 | BOARD | To approved NPRR664 as amended by the 11/24/14 ERCOT and 12/2/14 GDF SUEZ comments. | Passed |
| 11/20/2014 | TAC | To recommend approval of NPRR664 as recommended by PRS in the 11/6/14 PRS Report and as amended by the 11/18/14 GDF SUEZ comments with a recommended priority of 2015 and a rank of 1400; to discontinue the manual workaround of Sections 6.6.3.7 and 6.6.3.8 on May 1, 2015 (grey-box); and to request that ERCOT revisit with TAC the rank and priority of NPRR664 prior to project initiation. | Passed |
| 11/06/2014 | PRS | To grant NPRR664 Urgent status. | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Oct 22, 2014 |
| Sponsor: | RCWG |
| Urgent: | Yes |
| Sections: | 2.1, 2.2, 3.14.1, 3.14.1.16, 4.4.9.2, 4.4.9.2.1, 4.4.9.2.3, 4.4.9.3.1, 4.4.9.3.3, 4.4.9.4.1, 4.4.9.4.2, 5.6.1, 5.7.1.1, 5.7.3, 6.6.3.7, 6.6.3.8, 6.6.6.2, 7.9.1.3, 9.5.3, 9.14.7 |
| Description: | This Nodal Protocol Revision Request (NPRR) introduces a Fuel Index Price for Resource (FIPRr). Resources may designate an FIPRr based on the Gas Daily’s Waha index price, or the weighted price of the Gas Daily Houston Ship Channel index price and the Gas Daily Waha index price. The default FIPRr shall be the Fuel Index Price (FIP). Resources that designate an FIPRr based on Waha index price or the weighted price must submit documentation to ERCOT indicating such designation and provide proof of physical delivery from such areas, as described in the Verifiable Cost Manual. In addition, a Real-Time Make-Whole Payment provision is included to address exceptional fuel cost events that are not resolved by the change to an FIPRr. |
| Reason: | Addresses current operational issues Market efficiencies or enhancements Other: Provides for an FIPRr that more accurately reflects a Resource’s actual fuel cost; and allows recovery whenever Resources are mitigated below their actual cost due to exceptional fuel costs. |
Key Documents
Oct 22, 2014 - doc - 414 KB
Oct 23, 2014 - doc - 38.5 KB
Oct 28, 2014 - doc - 372 KB
Oct 30, 2014 - doc - 367.5 KB
Nov 11, 2014 - doc - 423.5 KB
Nov 14, 2014 - doc - 388 KB
Nov 18, 2014 - doc - 389 KB
Nov 19, 2014 - doc - 57 KB
Nov 21, 2014 - doc - 493.5 KB
Dec 5, 2014 - doc - 445.5 KB
Dec 2, 2014 - doc - 61 KB
Dec 11, 2014 - doc - 469 KB