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12/10/24, 12:04 PM

M-B042424-11 Board-Approved Price Correction - CRR Balancing Account Resettlement for January 2024


NOTICE DATE: December 10, 2024

NOTICE TYPE: M-B042424-11 Settlements

SHORT DESCRIPTION: Board-Approved Price Correction CRR Balancing Account Resettlement for January 2024

INTENDED AUDIENCE: QSEs and CRRAHs settlement personnel

DAYS AFFECTED: May 10, 2024

LONG DESCRIPTION: ERCOT found an issue with the implementation of the ERCOT Board of Directors (Board) directed price corrections for Day-Ahead Settlement Point Prices (DASPPs) for Operating Day January 20, 2024. In accordance with ERCOT Protocol Section 9.12(2), CRR Balancing Account Invoices, ERCOT will post the Congestion Revenue Right (CRR) Balancing Account (CRRBA) resettlement Invoices today for the month of January 2024 to reflect changes to the CRRBA resulting from the above-referenced issue.  Further details are included in the table below:

Operating Month

January 2024

Reason for resettlement

Correction to Board-Approved DAM Price Corrections

Publication Date of previous CRRBA Resettlement Invoices

May 10, 2024

Publication Date of CRRBA Resettlement Invoices

December 10, 2024

Total CRRBA changes due to DAM resettlements (CRRBACR)

$(34,276.71)

Total DACRRS changes due to DAM resettlements (DACRRSAMT)

$ 4,600.64

Total Adjustment to CRR Refund Amount (CRRRAMT)

$(4,600.66)

Total Adjustment to Load Allocated Amount (LACRRAMT)

$ 38,877.37

 

ADDITIONAL INFORMATION: The CRRBA resettlement Invoices and corresponding CRRBA extracts can be found on the Market Information System (MIS) under Settlements. Payments will be due to ERCOT on December 17, 2024.

Please review the ERCOT website for previous Market Notices related to this subject. 

CONTACT: If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via email at ClientServices@ercot.com.

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dg