NPRR #1024 · Revision Request
NPRR1024 Determination of Significance with Respect to Price Correction
Created2020-06-11
Approved2021-02-09
Sections Affected
4.5.3 and 6.3
Summary
This Nodal Protocol Revision Request (NPRR) gives ERCOT the authority to consider significance in determining whether to perform a price correction for the Day-Ahead Market (DAM) or Real-Time Market (RTM). Specifically, this NPRR introduces metrics for determining when ERCOT will perform a price correction or request ERCOT Board of Director (Board) approval for a price correction.
Action Log 5 milestones
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Jun 11
PRSDeferred/Tabled→ Language Consideration
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Dec 10
PRSRecommended for Approval→ Impact Analysis Consideration
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Jan 14
PRSRecommended for Approval→ Revision Request Consideration
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Jan 27
TACRecommended for Approval→ Revision Request Consideration
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Feb 9
BOARDApproved
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Dec 10 '20 | PRS | to recommend approval of NPRR1024 as amended by the 11/9/20 ERCOT comments | Passed |
| Jan 27 '21 | TAC | to recommend approval of NPRR1024 as recommended by PRS in the 1/14/21 PRS Report as amended by the 1/25/21 ERCOT comments | Passed |
Ballots
| Date | Body | Result | Yes | No | Abstain | |
|---|---|---|---|---|---|---|
| Jan 27 '21 | TAC | Motion Passes | 30 | 0 | 0 | xls |
| Jan 14 '21 | PRS | Motion Carries | 7 | 0 | 1 | xls |
| Dec 10 '20 | PRS | — | 27 | 0 | 0 | xls |
| Dec 2 '20 | WMS | Motion Carries | 7.5 | 0 | 0 | xls |
Documents 17
| Name | Type | Posted | Classification |
|---|---|---|---|
| 1024NPRR-01 Determination of Significance with Respect to Price Correction 052720 | doc | May 27 '20 | Revision Request |
| 1024NPRR-02 Impact Analysis 052720 | doc | May 27 '20 | Staff Report |
| 1024NPRR-03 PRS Ballot 061120 | xls | Jun 16 '20 | Revision Request Ballot |
| 1024NPRR-04 PRS Report 061120 | doc | Jun 16 '20 | Committee Report |
| 1024NPRR-05 WMS Ballot 070820 | xls | Jul 14 '20 | Revision Request Ballot |
| 1024NPRR-06 WMS Comments 071420 | doc | Jul 14 '20 | Revision Request Comments |
| 1024NPRR-07 ERCOT Comments 110920 | doc | Nov 9 '20 | Revision Request Comments |
| 1024NPRR-08 WMS Ballot 120220 | xls | Dec 3 '20 | Revision Request Ballot |
| 1024NPRR-09 WMS Comments 120320 | doc | Dec 3 '20 | Revision Request Comments |
| 1024NPRR-10 PRS Ballot 121020 | xls | Dec 15 '20 | Revision Request Ballot |
| 1024NPRR-11 PRS Report 121020 | doc | Dec 15 '20 | Committee Report |
| 1024NPRR-12 PRS Ballot 011421 | xls | Jan 20 '21 | Revision Request Ballot |
| 1024NPRR-13 PRS Report 011421 | doc | Jan 20 '21 | Committee Report |
| 1024NPRR-14 ERCOT Comments 012521 | doc | Jan 25 '21 | Revision Request Comments |
| 1024NPRR-15 TAC Ballot 012721 | xls | Feb 1 '21 | Revision Request Ballot |
| 1024NPRR-16 TAC Report 012721 | doc | Feb 1 '21 | Committee Report |
| 1024NPRR-17 Board Report 020921 | doc | Feb 12 '21 | Committee Report |
Meetings That Took It Up 17
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Feb 9 '21 | Urgent Board of Directors Meeting – Teleconference Available by Webcast | BOARD | Concluded |
| Jan 27 '21 | TAC Meeting by Webex Only | TAC | Concluded |
| Jan 14 '21 | PRS Meeting by Webex Only | PRS | Concluded |
| Dec 10 '20 | PRS Meeting by Webex Only | PRS | Concluded |
| Dec 2 '20 | WMS Meeting by Webex Only | WMS | Concluded |
| Nov 11 '20 | PRS Meeting by Webex Only | PRS | Concluded |
| Nov 4 '20 | WMS Meeting by Webex Only | WMS | Concluded |
| Oct 15 '20 | PRS Meeting by Webex Only | PRS | Concluded |
| Oct 7 '20 | WMS Meeting by Webex Only | WMS | Concluded |
| Sep 10 '20 | PRS Meeting | PRS | Concluded |
| Sep 2 '20 | WMS Meeting | WMS | Concluded |
| Aug 17 '20 | WMWG Meeting by Webex Only | WMWG | Concluded |
| Aug 13 '20 | PRS Meeting | PRS | Concluded |
| Aug 5 '20 | WMS Meeting | WMS | Concluded |
| Jul 16 '20 | PRS Meeting | PRS | Concluded |
| Jul 8 '20 | WMS Meeting | WMS | Concluded |
| Jun 11 '20 | PRS Meeting | PRS | Concluded |