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NPRR #288 · Revision Request

NPRR288  Selection of CRR Load Distribution Factors for Use in CRR Monthly and Annual Auctions

Approved sponsor ERCOT posted 2010-10-20 ercot.com
ReasonThe revised process for the selection of CRR Auction Load distribution factors will result in a CRR Auction solution that better reflects the system conditions that are expected to exist in the auction month. This is expected to improve the intrinsic value of the CRR products sold in the auction.
Created2010-10-21
Approved2010-11-16
Sections Affected
7.37.57.5.1
Summary
As ERCOT has worked through improvements in development of the Load distribution factor values used in the Day-Ahead Market (DAM) and Network Model validation process, this Nodal Protocol Revision Request (NPRR) has been created to allow the Congestion Revenue Right (CRR) Auction process to leverage use of this alternative Load distribution factor for monthly CRR Auctions. In this manner, the monthly CRR Auction and DAM are more operationally accurate and aligned. This NPRR also includes a change to Section 7.3 to clarify that the Flowgate Revenue Rights, which ERCOT is required to auction, are those flowgates defined and described in accordance with Section 7.3.1, Flowgates.
Action Log 3 milestones
Documents 6
NameTypePostedClassification
288NPRR-01 Selection of CRR Load Distribution Factors for Use in doc Oct 20 '10 Revision Request
288NPRR-02 CEO Revision Request Review 102010 doc Oct 20 '10 Revision Request Comments
288NPRR-03 Impact Analysis 102010 doc Oct 20 '10 Staff Report
288NPRR-04 PRS Report 102110 doc Oct 25 '10 Committee Report
288NPRR-05 TAC Report 110410 doc Nov 5 '10 Committee Report
288NPRR-06 Board Report 111610 doc Nov 16 '10 Committee Report
Meetings That Took It Up 2
DateMeetingCommitteeStatus
Nov 4 '10 TAC Meeting TAC Concluded
Oct 21 '10 PRS Meeting PRS Concluded