To table PRR776 until the February 5th TAC meeting with direction that the PRR776 Discussion Group discuss issues surrounding PRR776 including ERCOT’s concerns on the use of Non-Spinning reserves in the Balancing Energy Bid Stack with respect to North American Electric Reliability Corporation (NERC) standards and resolve mechanical issues such as those raised in the 1/7/09 Luminant comments.
This Protocol Revision Request (PRR) adjusts the Market Clearing Price of Energy (MCPE) when the deployment of NSRS occurs to provide accurate prices in Real Time through an automatic $100/MWh upward adjustment. The $100 MCPE adjustment would replace the current PRR650, Balancing Energy Price Adjustment Due to Non-Spinning Reserve Service Energy Deployment, method of removing NSRS deployments and manually re-running Scheduling, Pricing, and Dispatching (SPD). The $100 adjustment is based on the average MCPE adjustment during NSRS deployments since 01/01/07.
Reason:
After-the-fact price adjustments resulting from PRR650 prevent price-responsive loads from reacting to prices in Real Time.