7.5.10, Transition of Transmission Congestion Rights to Congestion Revenue Rights
Description:
This Protocol Revision Request (PRR) revises Section 7.5.10 methodology, providing flexibility in the event monthly Transmission Congestion Rights (TCR) are awarded and require refund for the subsequent month after Nodal Go-Live.
Reason:
When the TCR-Congestion Revenue Right (CRR) Transition Plan was presented to the Transition Plan Task Force (TPTF), there was concern that it may be necessary to conduct a monthly TCR Auction for the month following the planned Nodal Go-Live in case Nodal Go-Live is unsuccessful and/or delayed. Therefore, this PRR provides for a refund of monthly TCRs awarded for any month following the Nodal Go-Live.