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NPRR #302 · Revision Request

NPRR302  Correct Fuel Type Language for Mitigated Offer Cap

Approved Urgent sponsor Morgan Stanley posted 2010-12-07 ercot.com
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.
Action Log 3 milestones
Documents 8
NameTypePostedClassification
302NPRR-01 Correct Fuel Type Language for Mitigated Offer Cap 12 doc Dec 7 '10 Revision Request
302NPRR-02 Urgency Vote Ballot 120910 xls Dec 9 '10 Revision Request Ballot
302NPRR-03 WMS Comments 121510 doc Dec 15 '10 Revision Request Comments
302NPRR-04 PRS Report 121610 doc Dec 17 '10 Committee Report
302NPRR-05 Impact Analysis 010511 doc Jan 5 '11 Staff Report
302NPRR-06 TAC Report 010611 doc Jan 6 '11 Committee Report
302NPRR-07 Cost-Benefit Analysis 011111 xls Jan 11 '11 Staff Report
302NPRR-08 Board Report 011811 doc Jan 18 '11 Committee Report
Meetings That Took It Up 3
DateMeetingCommitteeStatus
Jan 6 '11 TAC Meeting TAC Concluded
Dec 16 '10 PRS Meeting PRS Concluded
Dec 15 '10 WMS Meeting WMS Concluded