NPRR #1024 · Revision Request
NPRR1024 Determination of Significance with Respect to Price Correction
- PRS Jan 14 '21
- TAC Jan 27 '21
- BOARD Feb 9 '21
- PUCT —
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.
Timeline
- May 27
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Jun 11
PRS PRS MeetingPRSDeferred/Tabled Referred → WMS“to table NPRR1024 and refer the issue to WMS” — Passed→ Language Consideration
- Jul 8
- Jul 16
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Aug 5
Listed without action at 8 meetings (Aug 5 '20 – Nov 4 '20)
- Nov 11
- Dec 2
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Dec 10
PRS PRS Meeting by Webex OnlyPRSRecommended for Approval Amended by the Nov 9 '20 ERCOT comments“to recommend approval of NPRR1024 as amended by the 11/9/20 ERCOT comments” — Passed→ Impact Analysis Consideration
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Jan 14
PRS PRS Meeting by Webex OnlyPRSRecommended for Approval Forwarded → TAC“to endorse and forward to TAC the 12/10/20 PRS Report and Impact Analysis for NPRR1024” — Passed→ Revision Request Consideration
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Jan 27
TAC TAC Meeting by Webex OnlyTACRecommended for Approval Amended by the Jan 25 '21 ERCOT comments“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→ Revision Request Consideration
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Feb 9
BOARD Urgent Board of Directors Meeting – Teleconference Available by WebcastBOARDApproved“to approve NPRR1024 as recommended by TAC in the 1/27/21 TAC Report” — Passed
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Posted since the last meeting