2.1, Definitions; 2.2, Acronyms; 4.4.16, ERCOT Receipt of Replacement Reserve Service Bids; 6.4.2, Determination of ERCOT Control Area Requirements; 6.5.6, Replacement Reserve Service; 6.8.1.11, Local Congestion Replacement Reserve Payment to QSE; 6.9.2.1.1, Replacement Reserve Under Scheduled Capacity; 6.9.2.1.2, Replacement Reserve Uplift Charge
Description:
Removes costs related to capacity procured for system security from the costs that are solely assigned to under-scheduled Qualified Scheduling Entities (œQS€?), provides incentives for more accurate resource plans and eliminates the RPRS over-collection by compensating QSEs representing unscheduled resource
Reason:
Currently, the settlement of replacement reserves unfairly allocates system security costs solely to users of BES Up and those that submit schedules after RPRS procurement. This PRR appropriately charges the system for system costs, and charges the portion of RPRS procurements caused by under-scheduling to those that under-schedule. This is consistent with the RPRS Task Force discussion on revisions to PRR 680.