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OBDRR005
Summary
Title | Change to the Generic Maximum Shadow Price for Base Case Transmission Constraints |
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Next Group | |
Next Step | |
Status | Approved on 06/12/2018 |
Effective Dates |
06/20/2018
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Action
Date | Gov Body | Action Taken | Next Steps |
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06/12/2018 | BOARD | Approved | |
05/24/2018 | TAC | Recommended for Approval | Revision Request Consideration |
Voting Record
Date | Gov Body | Motion | Result |
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06/12/2018 | BOARD | To approve OBDRR005 as recommended by TAC in the 5/24/18 TAC Report. | Passed |
05/24/2018 | TAC | To recommend approval of OBDRR005 as submitted with a recommended effective date of 6/20/18. | Passed |
Background
Status: | Approved |
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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 |
Key Documents
005OBDRR-01 Change to the Generic Maximum Shadow Price for Base Case Transmission Constraints 051018
May 10, 2018 - doc - 520 KB
May 10, 2018 - doc - 53.5 KB
May 30, 2018 - doc - 509.5 KB
Jun 15, 2018 - doc - 510.5 KB