To refer PRR727 to TPTF to consider the definition of the term "grave" as used in Section 21.12.4, Reinstatement of Zonal Protocol Provisions, and to refer two policy issues to TPTF: (1) consideration of a longer notice period in the event of a delay in nodal market implementation; and (2) consideration of how a reversion to zonal market systems should be limited by time and/or scope.
To remand PRR717 to TPTF for recommendation on to how to resolve potential conflicts and how to process zonal Settlements after the start of the Texas Nodal Market (12/1/08), including any Settlement disputes, and report back at the July 19, 2007 PRS meeting.
Passed
Background
Status:
Approved
Date Posted:
May 25, 2007
Sponsor:
ERCOT Staff
Urgent:
No
Sections:
21.12
Description:
This PRR authorizes an orderly transition from the zonal Protocols to the nodal Protocols. This PRR provides a transparent mechanism to retire zonal Protocol sections and implement nodal Protocol sections. This PRR also requires two notices to Market Participants: the first market notice thirty days prior to the retirement or effective date and the second market notice no less than ten days prior to the retirement or effective date.
Reason:
Market Participants must have a transparent and orderly manner to identify which zonal and nodal Protocol sections are in effect during the phased implementation of the nodal market design.