MIS LOG IN

PRR739

Summary

Title Administrative Price Adjustments
Next Group
Next Step
Status Rejected on 12/13/2007

Action

Date Gov Body Action Taken Next Steps
12/13/2007 PRS Rejected
11/15/2007 PRS Deferred/Tabled

Voting Record

Date Gov Body Motion Result
12/13/2007 PRS To reject PRR739. Passed
11/15/2007 PRS Table PRR739 until the December PRS meeting Passed

Background

Status: Rejected
Date Posted: Oct 3, 2007
Sponsor: BTU
Urgent: No
Sections: 6.3.1, ERCOT Responsibilities 6.8.1.12, Payments for Balancing Energy Provided from Ancillary Services During the Operating Period 6.9.5.1, Balancing Energy Clearing Price
Description: This proposal revises that calculation to include administrative price adjustments under certain conditions. By modifying the calculation of MCPE in Section 6.9.5.1, all other Protocol reference to MCPE should be correct without further modification. Note that acceptance of this revision request negates the need for revisions to Protocols as passed under PRR650.
Reason: QSE Managers Working Group believes that this proposed revision to the ERCOT Protocols, coupled with proposed changes to the ERCOT Operating Guides addressing Responsive Reserve Obligation, will benefit the market by allowing market forces to correctly set market prices before ERCOT command and control action is necessary for reliability purposes.

Key Documents

Related Content