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PRR491

Summary

Title Clarification to PRR 413 RPRS Market
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Status Approved

Action

Date Gov Body Action Taken Next Steps
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Voting Record

Date Gov Body Motion Result
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Background

Status: Approved
Date Posted: Jan 22, 2004
Sponsor: ERCOT
Urgent: Yes
Sections: 6.6.3.2.1, 6.8.1.11, 7.4.2
Description: This PRR separates the RPRS bid price used to resolve Local Congestion from that used to resolve Zonal Congestion and capacity insufficiency. For procurement of local capacity, the solution uses the Resource Category Generic Cost. For procurement of zonal or system capacity, the solution uses the submitted RPRS bids. The Market Solution concept is removed. PRR 466 has extended the current expiration date for the suspension of Market Solution for Local Balancing Energy from December 31, 2003 to February 1, 2005.
Reason:

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