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PRR709
Summary
Title | Scarcity Pricing Mechanism |
---|---|
Next Group | |
Next Step | |
Status | Approved on 04/20/2007 |
Effective Dates |
07/01/2007
|
Action
Date | Gov Body | Action Taken | Next Steps |
---|---|---|---|
06/19/2007 | BOARD | Approved | |
05/04/2007 | TAC | Recommended for Approval | ERCOT Board consideration |
04/20/2007 | PRS | Approved | |
03/22/2007 | PRS | Recommended for Approval | Review of IA |
Voting Record
Date | Gov Body | Motion | Result |
---|---|---|---|
06/19/2007 | BOARD | Approve as recommended by TAC | Passed |
05/04/2007 | TAC | To recommend approval of PRR709 as recommended by PRS. | Passed |
04/20/2007 | PRS | To approve this Recommendation Report and forward the Report and IA to TAC. | Passed |
03/22/2007 | PRS | Passed |
Background
Status: | Approved |
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Date Posted: | Jan 31, 2007 |
Sponsor: | ERCOT Staff |
Urgent: | No |
Sections: | Section 4.4.11, Ancillary Services Bid Submittal; Section 4.4.16, ERCOT Receipt of Replacement Reserve Service Bids; Section 6.5.2, Balancing Energy Service; and Sections 6.11, System-Wide Offer Caps (New). |
Description: | This PRR revises the ERCOT Protocols to provide for a scarcity pricing mechanism as required by subsection (g) of P.U.C. Subst. R. 25.505, Resource Adequacy in the Electric Reliability Council of Texas Power Region. ERCOT is already performing the calculations and postings required by this rule. This PRR synchronizes the Protocols with this rule. |
Reason: | A scarcity pricing mechanism is required by P.U.C. Subst. R. 25.505(g), effective January 1, 2007. This PRR synchronizes the Protocols with this rule. |
Key Documents
Jan 31, 2007 - doc - 124.5 KB
Jan 31, 2007 - doc - 44.5 KB
Mar 27, 2007 - doc - 131 KB
Apr 25, 2007 - doc - 131.5 KB
May 8, 2007 - doc - 134 KB
Jun 20, 2007 - doc - 136.5 KB