- Home
- Market Rules
- Issues
OBDRR015
Summary
Title | Linking of VOLL to the Effective SWCAP |
---|---|
Next Group | |
Next Step | |
Status | Approved on 06/11/2019 |
Effective Dates |
06/12/2019
|
Action
Date | Gov Body | Action Taken | Next Steps |
---|---|---|---|
06/11/2019 | BOARD | Approved | |
05/22/2019 | TAC | Recommended for Approval | Board for consideration |
Voting Record
Date | Gov Body | Motion | Result |
---|---|---|---|
06/11/2019 | BOARD | To approve OBDRR015 as recommended by TAC in the 5/22/19 TAC Report | Passed |
05/22/2019 | TAC | To recommend approval of OBDRR015 as submitted | Passed |
Background
Status: | Approved |
---|---|
Date Posted: | May 15, 2019 |
Sponsor: | ERCOT |
Urgent: | No |
Sections: | Methodology for Implementing Operating Reserve Demand Curve (ORDC) to Calculate Real-Time Reserve Price Adder |
Description: | This Other Binding Document Revision Request (OBDRR) modifies the Value of Lost Load (VOLL) to be set equal to the System-Wide Offer Cap (SWCAP). This would result in VOLL changing from the High System-Wide Offer Cap (HCAP) to the Low System-Wide Offer Cap (LCAP) should the Peaker Net Margin (PNM) exceed the PNM threshold within an annual Resource adequacy cycle. |
Reason: |
Key Documents
May 15, 2019 - docx - 66.7 KB
May 15, 2019 - docx - 28.9 KB
May 23, 2019 - docx - 70.5 KB
Jun 11, 2019 - docx - 71.6 KB