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NPRR #27 · Revision Request

NPRR027  Block Offers in CRR Auction

Approved sponsor ERCOT Staff posted 2006-09-14 ercot.com
ReasonThe vendor (Nexant) CRR system does not support the flexibility of offering a one-month strip of 7x24 block allocated or awarded in a previous auction as (i) a 7x24 block or (ii) any of the 3 other blocks that make up the 7x24 block. Vendor estimates a cost of $325,000 for adding this flexibility to their system due to required fundamental changes in the following: data interfaces; Market User Interface functionality (new Java based editor, bilateral trading system): Market Operator Interface functionality; Database Subsystem; testing; and documentation.
Created2006-09-21
Approved2006-10-17
Sections Affected
7.37.5.2.1
Summary
Revise how CRRs may be offered in the CRR Auctions. CRRs may be bid in CRR Auctions and may be allocated in any time-of-use block. However, CRR bid awards and allocations for a one-month strip of 7x24 block will be split into one-month strips of the 3 other blocks and may be offered into subsequent CRR Auctions as the 3 separate block offers but not as a single 7x24 block.
Action Log 5 milestones
Documents 7
NameTypePostedClassification
027NPRR-01 Block Offers in CRR Auction 091406 doc Sep 14 '06 Revision Request
027NPRR-02 Impact Analysis 091406 doc Sep 14 '06 Staff Report
027NPRR-03 PRS Recommendation Report 092106 doc Sep 26 '06 Committee Report
027NPRR-04 TAC Recommendation Report 100606 doc Oct 6 '06 Committee Report
027NPRR-05 BOD Action Report 101706 doc Oct 19 '06 Committee Report
027NPRR-06 B1G1 Impact Analysis 060507 doc Jun 13 '07 Staff Report
027NPRR-07 PRS Recommendation Report 061207 doc Jun 14 '07 Committee Report
Meetings That Took It Up 4
DateMeetingCommitteeStatus
Jun 12 '07 PRS and TPTF: Joint Meeting PRS Concluded
Oct 17 '06 ERCOT Board of Directors Meeting BOARD Concluded
Oct 6 '06 TAC Meeting TAC Concluded
Sep 21 '06 PRS Meeting PRS Concluded