NPRR #87 · Revision Request
NPRR087 Market Monitor Terminology Change
ReasonPublic Utility Regulatory Act (PURA) § 39.1515 (Wholesale Electric Market Monitor) directs the Public Utility Commission (Commission or PUCT) to develop rules governing the operations, standards, funding, and conduct of a wholesale electric market monitor. In compliance with this provision, the Commission adopted PUC Subst. R. 25.365, relating to the Independent Market Monitor. According to PUC Subst. R. 25.365, the entity that has taken on the role of wholesale electric market monitor is referred to as the Independent Market Monitor (IMM). In order to ensure consistency in terminology between the Commission Substantive Rules and the ERCOT Protocols and avoid confusion, the term Wholesale Electric Market Monitor (WEMM) as used in the Nodal Protocols should, therefore, be replaced with the term Independent Market Monitor (IMM).
Created2007-11-15
Approved2008-01-15
Sections Affected
1.1Summary of the ERCOT Protocols Document; 1.3Confidentiality ;1.3.1Restrictions on Protected Information; 1.3.6Exceptions; 2Definitions and Acronyms; 3.7Resource Parameters; 3.10.4ERCOT Responsibilities; 3.10.7.5Telemetry Criteria; 3.10.8Dynamic Ratings; 3.11.4Transmission Planning Responsibilities; 3.19Constraint Competitiveness Tests; 6.5.7.3Security Constrained Economic Dispatch; 8.2ERCOT Performance Monitoring and Compliance; 17.1Overview; 17.2Objectives and Scope of Market Monitoring and Data Collection; 17.3Market Data Collection and Use; 17.3.1Information System Data Collection and Retention; 17.3.3Accuracy of Data Collection; 17.3.4PUCT Staff and WEMM Review of Data Collection; 17.5Reports to PUCT StaffWEMMand the FERC; and 17.6Changes to Facilitate Market Operation
Summary
This Nodal Protocol Revision Request (NPRR) replaces the term Wholesale Electric Market Monitor (WEMM) with the term Independent Market Monitor (IMM).
Action Log 4 milestones
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Nov 15
PRSRecommended for Approval
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Dec 13
PRSRecommended for Approval
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Jan 3
TACRecommended for Approval→ Board consideration of NPRR087
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Jan 15
BOARDApproved
Documents 6
| Name | Type | Posted | Classification |
|---|---|---|---|
| 087NPRR-01 Market Monitor Terminology Change 103007 | doc | Oct 30 '07 | Revision Request |
| 087NPRR-02 PRS Recommendation Report 111507 | doc | Nov 19 '07 | Committee Report |
| 087NPRR-03 Impact Analysis 121207 | doc | Dec 12 '07 | Staff Report |
| 087NPRR-04 PRS Recommendation Report 121307 | doc | Dec 14 '07 | Committee Report |
| 087NPRR-05 TAC Recommendation Report 010308 | doc | Jan 4 '08 | Committee Report |
| 087NPRR-06 Board Action Reports 011508 | doc | Jan 15 '08 | Committee Report |
Meetings That Took It Up 5
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Jan 15 '08 | Board of Directors Meeting | BOARD | Concluded |
| Jan 3 '08 | TAC Meeting | TAC | Concluded |
| Dec 13 '07 | PRS Meeting | PRS | Concluded |
| Nov 15 '07 | PRS Meeting | PRS | Concluded |
| Nov 5 '07 | TPTF Meeting | TPTF | Concluded |