Responsibility Transfers for Capacity Auction Products
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Approved
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Background
Status:
Approved
Date Posted:
Aug 28, 2001
Sponsor:
TXU
Urgent:
Yes
Sections:
4.9.5
Description:
The PUCT has required IOUs to sell at auction 15% of their capacity in 25 mw blocks. One of the products from these blocks is balancing energy through the use of a Responsibility Transfer. Over 200 possible RspT will place a burden on ERCOT as well as the seller. This is a simpler method for the buyer to bid in the balancing energy market but have the seller receive a message rather than a continuous signal.