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NPRR714
Summary
| Title | Real-Time Make-Whole Payment for Exceptional Fuel Cost |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 10/13/2015 |
| Effective Dates |
11/01/2015
06/01/2017
Sunset |
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 10/13/2015 | BOARD | Approved | |
| 09/24/2015 | TAC | Recommended for Approval | Revision Request Consideration |
| 09/10/2015 | PRS | Recommended for Approval | Revision Request Consideration |
| 08/13/2015 | PRS | Deferred/Tabled | Impact Analysis Consideration |
| 07/16/2015 | PRS | Recommended for Approval | Impact Analysis Consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 10/13/2015 | BOARD | To approve NPRR714 as recommended by TAC in the 9/24/15 TAC Report. | Passed |
| 09/24/2015 | TAC | To recommend approval of NPRR714 as recommended by PRS in the 9/10/15 PRS Report with a sunset date of 6/1/17. | Passed |
| 09/10/2015 | PRS | To endorse and forward to TAC the 8/13/15 PRS Report and Impact Analysis (Option 2) for NPRR714 with an effective date of November 1, 2015 (manual) and a recommended priority of 2015 and a rank of 1370 (partial automation). | Passed |
| 08/13/2015 | PRS | To table NPRR714. | Passed |
| 07/16/2015 | PRS | To recommend approval of NPRR714 as submitted. | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Jun 30, 2015 |
| Sponsor: | GDF SUEZ |
| Urgent: | No |
| Sections: | 6.6.3.7, 6.6.3.8, 9.5.3 |
| Description: | Nodal Protocol Revision Request (NPRR) 664, Fuel Index Price for Resource Definition and Real-Time Make-Whole Payments for Exceptional Fuel Cost Events, included a Real-Time Make-Whole Payment provision to address exceptional fuel cost events that are not resolved by a change to the Fuel Index Price for Resource (FIPRr). ERCOT implemented a manual process to satisfy the requirements of these sections until May 1, 2015, at which time Sections 6.6.3.7 and 6.6.3.8 were grey boxed pending an automated solution. This NPRR restores the manual process for Real-Time Make-Whole Payments and Charges to address exceptional fuel cost events; and includes revisions that clarify and improve the Settlement calculations for the manual process consistent with the intent of NPRR664. |
| Reason: | Addresses current operational issues. Market efficiencies or enhancements |
Key Documents
Jun 30, 2015 - doc - 189 KB
Jul 20, 2015 - doc - 176 KB
Aug 6, 2015 - doc - 58.5 KB
Aug 17, 2015 - doc - 176 KB
Sep 14, 2015 - doc - 178 KB
Sep 17, 2015 - doc - 58.5 KB
Sep 28, 2015 - doc - 184 KB
Oct 1, 2015 - xls - 130 KB
Oct 14, 2015 - doc - 185 KB