To approve OBDRR038 and accompanying ERCOT Market Impact Statement as presented in Project No. 52934, Review of Rules Adopted by the Independent Organization
To recommend approval of OBDRR038 as submitted and the Impact Analysis
Passed
Background
Status:
Approved
Date Posted:
Dec 22, 2021
Sponsor:
ERCOT
Urgent:
No
Sections:
Methodology for Implementing Operating Reserve Demand Curve (ORDC) to Calculate Real-Time Reserve Price Adder
Description:
At the December 16, 2021 Public Utility Commission of Texas (PUCT) Open Meeting, the PUCT ordered ERCOT to change the minimum contingency level (“X”) used in the ORDC process from 2,000 MW to 3,000 MW, effective January 1, 2022. As a result of that PUCT directive, this Other Binding Document Revision Request (OBDRR) updates the parameter within the relevant methodology document.