to approve VCMRR036 and accompanying ERCOT Market Impact Statement as presented in Project No. 54445, Review of Rules Adopted by the Independent Organization
to grant VCMRR036 Urgent status; to recommend approval of VCMRR036 as revised by WMS; and to forward to TAC VCMRR036 and the 2/22/23 Impact Analysis
Passed
Background
Status:
Approved
Date Posted:
Feb 22, 2023
Sponsor:
ERCOT
Urgent:
Yes
Sections:
13.1, 13.3.2, 13.3.3, 13.3.9, 13.3.10, 13.3.11 (new), 13.4, and 13.6
Description:
This Verifiable Cost Manual Revision Request (VCMRR) requires all Revision Requests to be approved by the Public Utility Commission of Texas (PUCT) prior to implementation; standardizes all Revision Requests be considered by the ERCOT Board of Directors; adds an Independent Market Monitor (IMM) opinion, ERCOT opinion, and the ERCOT Market Impact Statement to the TAC Report; and revises possible actions on a Revision Request from “defer” to “table” as currently captured in motions.