To recommend approval of OBDRR005 as submitted with a recommended effective date of 6/20/18.
Passed
Background
Status:
Approved
Date Posted:
May 10, 2018
Sponsor:
ERCOT
Urgent:
No
Sections:
Methodology for Setting Maximum Shadow Prices for Network and Power Balance Constraints
Description:
This Other Binding Document Revision Request (OBDRR) revises the Generic Transmission Constraint (GTC) Shadow Price cap that is used in Security Constrained Economic Dispatch (SCED) for base case constraints from $5,000/MWh to $9,251/MWh. Base case transmission constraints include GTCs. This revision also updates the associated examples in Section 3.5, Generic Values for the Transmission Network System-Wide Shadow Price Caps in SCED, and makes an administrative edit to a Protocol reference.
Reason:
Addresses current operational issues; Market efficiencies or enhancements