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NPRR893
Summary
| Title | Clarification of Fuel Index Price and Incorporation of System-Wide Offer Cap and Scarcity Pricing Mechanism Methodology into Protocols |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 12/11/2018 |
| Effective Dates |
01/01/2019
|
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 12/11/2018 | BOARD | Approved | |
| 11/29/2018 | TAC | Recommended for Approval | Board for consideration |
| 11/15/2018 | PRS | Recommended for Approval | TAC for consideration |
| 10/18/2018 | PRS | Recommended for Approval | PRS for Impact Analysis review |
| 09/13/2018 | PRS | Deferred/Tabled | PRS for consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 12/11/2018 | BOARD | To approve NPRR893 as recommended by TAC in the 11/29/18 TAC Report | Passed |
| 11/29/2018 | TAC | To recommend approval of NPRR893 as recommended by PRS in the 11/15/18 PRS Report | Passed |
| 11/15/2018 | PRS | To endorse and forward to TAC the 10/18/18 PRS Report as amended by the 10/29/18 ERCOT comments and Impact Analysis for NPRR893 | Passed |
| 10/18/2018 | PRS | To recommend approval of NPRR893 as submitted | Passed |
| 09/13/2018 | PRS | To table NPRR893 and refer the issue to WMS | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Aug 27, 2018 |
| Sponsor: | ERCOT |
| Urgent: | No |
| Sections: | 2.1, 4.4.11, and 4.4.11.1 |
| Description: | This Nodal Protocol Revision Request (NPRR) clarifies the effective Fuel Index Price (FIP) used in market activities executed prior to the publication of the index for the Operating Day. FIP is used by multiple applications, and the current FIP definition does not address the timing around receiving the data and when it can feasibly be used by market applications. Any source for this index that ERCOT selects publicly publishes a methodology regarding effective dates for weekends and holidays and ERCOT will follow that methodology. Therefore, ERCOT removes specific language related to weekends and holidays and defers to the methodology indicated by the source. Additionally, this NPRR incorporates the OBD “System-Wide Offer Cap and Scarcity Pricing Mechanism Methodology” into Protocols. |
| Reason: |
Key Documents
Aug 27, 2018 - doc - 54 KB
Sep 18, 2018 - doc - 109 KB
Oct 11, 2018 - doc - 40.5 KB
Oct 23, 2018 - doc - 110 KB
Oct 29, 2018 - doc - 63.5 KB
Nov 15, 2018 - doc - 92 KB
Nov 30, 2018 - doc - 94 KB
Dec 11, 2018 - doc - 95 KB