Approve PRR676 as revised by the Board and directed ERCOT Staff to report back to the Board in January 2007 regarding whether ERCOT is able to implement PRR676 by 2/1/06..
Recommend approval of PRR676 as revised by ERCOT comments dated 9/6/06 and directing ERCOT to implement this PRR as part of the project to implement PRR666, Modification of RPRS Under-Scheduled Capacity Charge Calculation, and PRR687, Replacement Reserve Under-Scheduled Capacity Delineation (Option 2 on the IA).
4.1.1 Day Ahead Scheduling Process; 4.1.2 Adjustment Period Scheduling Process; 4.4.16 ERCOT Receipt of Replacement Reserve Service Bids; 4.4.17 ERCOT Procurement of Replacement Reserve Service As Needed; 4.5.6 ERCOT Notice of Need to Procure Replacement Reserve Service Resources; 4.5.7 Available Bids for RPRS; 6.4.2 Determination of ERCOT Control Area Requirements; 6.5.6 Replacement Reserve Service; 6.6.3.2.1 Specific Procurement Process Requirements for Replacement Reserve Service in the Adjustment Period 6.8.1.1; Payments for Ancillary Service Capacity; 6.8.1.10 Zonal or System Wide Replacement Reserve Service Capacity Payment to QSE.; 6.8.1.11 Local Congestion Replacement Reserve Payment to QSE When Market Solution Exists; 6.8.2.2 Capacity and Minimum Energy Payments; 6.9.2.1 Settlement for RPRS Procured for System-wide Capacity Insufficiency; 6.9.2.1.1 Replacement Reserve Under Scheduled Capacity; 6.9.2.1.2 Replacement Reserve Uplift Charge; 6.9.7 Settlement Obligations for Premiums for Individual resource Dispatch Payments; 6.9.7.1 OOM Capacity Charge; 7.1 Overview of ERCOT Congestion Management ;7.3.4.2 Replacement Reserve Service Zonal Congestion Charge; 7.4.2 Resolution of Local Congestion
Description:
This PRR modifies the current day ahead capacity procurement and cost allocation methods to be consistent with the procurement and cost allocation methods for the Reliability Unit Commitment that is contained in the Nodal Protocols as approved by the PUCT. The PRR also removes the provisions related to the direct assignment of zonal capacity procurements.
Reason:
Per the direction of the ERCOT Board of Directors to provide solutions to the current RPRS issues.