NPRR #1104 · Revision Request
NPRR1104 As-Built Definition of Real Time Liability Extrapolated (RTLE)
- PRS Nov 10 '21
- TAC Nov 29 '21
- BOARD Dec 10 '21
- PUCT Dec 16 '21
ReasonMarket efficiencies or enhancements
Created2021-11-10
Approved2021-12-16
Sections Affected
16.11.4.3
Summary
This Nodal Protocol Revision Request (NPRR) corrects the definition of Real Time Liability Extrapolated (RTLE) to include market activity for Entities that have no Load or generation but have Real-Time exposure. It has come to ERCOT’s attention that the current definition of RTLE is erroneously tied to Qualified Scheduling Entities (QSEs) that represent Load or generation, and conflicts with the implementation of RTLE in ERCOT’s credit system.
Timeline
- Nov 2
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Nov 10
PRS PRS Meeting by Webex OnlyPRSRecommended for Approval Urgent status Forwarded → TAC“To grant NPRR1104 Urgent status; to recommend approval of NPRR1104 as submitted; and to forward to TAC NPRR1104 and the Impact Analysis” — Passed→ TAC for consideration
- Nov 11
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Nov 29
TAC TAC Meeting by Webex OnlyTACRecommended for Approval“To recommend approval of NPRR1104 as recommended by PRS in the 11/10/21 PRS Report with a recommended effective date of upon PUCT approval (12/17/21)” — Passed→ Board for consideration
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Dec 10
BOARDEmail Vote / Unlisted MeetingBOARDRecommended for Approval“To recommended approval of NPRR1104 as recommended by TAC in the 11/29/21 TAC Report” — Passed→ PUCT for consideration
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Dec 16
PUCTPUCTApproved“To approve NPRR1104 and accompanying ERCOT Market Impact Statement as presented in Project No. 52307, Review of Rules Adopted by the Independent Organization in Calendar Year 2021” — Passed
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Posted since the last meeting