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PRR481
Summary
| Title | Liability for QSE default on Obligations to ERCOT |
|---|---|
| Next Group | |
| Next Step | |
| Status | Rejected |
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| No updates have been made to this issue. | |||
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| No updates have been made to this issue. | |||
Background
| Status: | Rejected |
|---|---|
| Date Posted: | Dec 22, 2003 |
| Sponsor: | GMEC & ERCOT |
| Urgent: | Yes |
| Sections: | 9.4.4 |
| Description: | This revision would allocate responsibility for default of a QSE among Resources and Loads. Currently, only Loads bear the risk for default of an a QSE. This provision would allocate liability across both the generation and load sectors of the market in recognition of the fact that both load and generation engage in market behaviors and make decisions and policies that affect the viability of LSEs in the market. This broader sharing of risk of default of a QSE is a feature of the PJM market and will likely be a feature of the MISO market. Both of these markets have recognized the need to ensure that Market Participants have an incentive to behave in a manner and to promote decisions and policies that are in the best interests of the market as a whole. |
| Reason: |
Key Documents
Jul 26, 2004 - doc - 70 KB
Jul 26, 2004 - doc - 74 KB
Jul 26, 2004 - doc - 128.5 KB
Jul 26, 2004 - doc - 59.5 KB
Jul 26, 2004 - doc - 88 KB
Jul 26, 2004 - doc - 95.5 KB
Jul 26, 2004 - doc - 96 KB