NPRR #302 · Revision Request

NPRR302 Correct Fuel Type Language for Mitigated Offer Cap

Approved Urgent sponsor Morgan Stanley posted 2010-12-07 ercot.com

PRS Dec 16 '10
TAC Jan 6 '11
BOARD Jan 18 '11
PUCT —

ReasonThe current Nodal Protocol language applies the lesser of the Fuel Index Price (FIP) (the natural gas index) or FOP (the fuel oil index). This was never intended for the mitigated rate. Since this level applies to all generation, it was meant as a link to the predominant marginal fuel on the market, which is natural gas.

Created2010-12-16

Approved2011-01-18

Sections Affected

4.4.9.4.1

Summary

This Nodal Protocol Revision Request (NPRR) revises the language for the Mitigated Offer Cap to eliminate use of the Fuel Oil Price (FOP) in the calculation.

Timeline

2010
Dec 7
PRSFiled by Morgan Stanley
- 302NPRR-01 Correct Fuel Type Language for Mitigated Offer Cap 12 Dec 7 '10 · Revision Request
Dec 15
WMS WMS Meeting
- 302NPRR-02 Urgency Vote Ballot 120910 Dec 9 '10 · Revision Request Ballot
- 302NPRR-03 WMS Comments 121510 Dec 15 '10 · Revision Request Comments
Dec 16
PRS PRS Meeting
PRSRecommended for Approval
“To recommend approval of NPRR302 as submitted.” — Passed

→ TAC consideration of NPRR302
2011
Jan 6
TAC TAC Meeting
TACRecommended for Approval
“To recommend approval of NPRR302 as recommended by PRS in the 12/16/10 PRS Report.” — Passed

→ ERCOT Board consideration of NPRR302
- 302NPRR-04 PRS Report 121610 Dec 17 '10 · Committee Report
- 302NPRR-05 Impact Analysis 010511 Jan 5 '11 · Staff Report
- 302NPRR-06 TAC Report 010611 Jan 6 '11 · Committee Report
Jan 18
BOARDEmail Vote / Unlisted Meeting
BOARDApproved
“To approve NPRR302 as recommended by TAC in the 1/6/11 TAC Report.” — Passed
- 302NPRR-07 Cost-Benefit Analysis 011111 Jan 11 '11 · Staff Report
- 302NPRR-08 Board Report 011811 Jan 18 '11 · Committee Report