Process for Application and Approval of RMR Contracts
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Background
Status:
Approved
Date Posted:
Oct 17, 2002
Sponsor:
Austin Energy
Urgent:
Yes
Sections:
1.3.1.2, 6.5.9, 6.5.9.1 [new]
Description:
Formalizes the process for application and approval of RMR contracts, including requirement for notice, opportunity for comment, availability of data, and approval by ERCOT Board. These provisions reflect that RMR is essentially a regulated service provided to the market and therefore calls for greater market scrutiny than other services provided to ERCOT. The PRR is intended to maximize the information available to market participants, while minimizing the constraints on ERCOTs ability to enter into RMR Agreements it determines are needed.