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PRR357
Summary
Title | Market Solution Definition Revision |
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Next Group | |
Next Step | |
Status | Approved |
Action
Date | Gov Body | Action Taken | Next Steps |
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No updates have been made to this issue. |
Voting Record
Date | Gov Body | Motion | Result |
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No updates have been made to this issue. |
Background
Status: | Approved |
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Date Posted: | Sep 3, 2002 |
Sponsor: | PUCT - MOD |
Urgent: | No |
Sections: | 2.1 |
Description: | The current definition requires that at least three unaffiliated resources be available for solving a circumstance of local congestion. It is possible to have bids from three unaffiliated bidders that could independently solve an instance of local congestion, except for the fact that one or more of these solutions may not be feasible because of constraints that do not permit the physical dispatch of the resources to resolve the congestion. The proposed definition corrects this by specifying that a market solution only exists when each of the required three bids from unaffiliated bidders has sufficient capacity available to physically solve the congestion. |
Reason: |
Key Documents
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Nov 7, 2005 - doc - 70 KB
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Nov 7, 2005 - doc - 69.5 KB