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VCMRR006

Summary

Title Fuel Adder Timeline Update
Next Group
Next Step
Status Approved on 03/26/2015
Effective Dates
04/01/2015

Action

Date Gov Body Action Taken Next Steps
03/26/2015 TAC Approved
03/04/2015 WMS Recommended for Approval Impact Analysis Consideration

Voting Record

Date Gov Body Motion Result
03/26/2015 TAC To approve VCMRR006 as recommended by WMS in the 3/4/15 WMS Report and as amended by the 3/9/15 ERCOT comments. Passed
03/04/2015 WMS To recommended approval of VCMRR006 as amended by the 2/26/15 ERCOT Comments. Passed

Background

Status: Approved
Date Posted: Feb 13, 2015
Sponsor: Resource Cost Working Group (RCWG)
Urgent: No
Sections: 3
Description: This Verifiable Cost Manual Revision Request (VCMRR) proposes an adjustment to the timeline required for the fuel adder submissions. Previously, Resources were required to update their fuel adder costs every season. ERCOT proposes to reduce this requirement to once every six months. This VCMRR also updates language that allows Resources with all fuel types to submit actual fuel adders.
Reason: Addresses current operational issues. Market efficiencies of enhancements.

Key Documents