NPRR #326 · Revision Request
NPRR326 Adjust the Calculation of the Real-Time Settlement Point Price for a Resource Node
ReasonThe current method of calculating payments and charges of Point-to-Point (PTP) Obligations and PTP Options settled in Real-Time based on Base Point weighted Real-Time Settlement Point Prices can lead to payments and charges when there is no congestion, which are not supported by congestion rent and can lead to Real-Time Revenue Neutrality Allocation uplift. With the implementation of this NPRR, payments and charges for PTP Obligations and PTP Options settled in Real-Time will be more accurate and should only occur when there is Real-Time congestion.
Created2011-03-24
Approved2011-06-21
Sections Affected
6.6.1.1
Summary
This Nodal Protocol Revision Request (NPRR) adjusts the calculation of the Real-Time Settlement Point Price for a Resource Node. The adjustment is to remove the Base Point weighting of the Real-Time Locational Marginal Prices (LMPs).
Action Log 4 milestones
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Mar 24
PRSRecommended for Approval→ PRS Impact Analysis review
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Apr 21
PRSRecommended for Approval→ TAC consideration of NPRR326
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May 5
TACRecommended for Approval→ ERCOT Board consideration of NPRR326
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Jun 21
BOARDApproved
Documents 11
| Name | Type | Posted | Classification |
|---|---|---|---|
| 326NPRR-01 Adjust the Calculation of the Real Time Settlement Po | doc | Feb 10 '11 | Revision Request |
| 326NPRR-02 Impact Analysis 021011 | doc | Feb 10 '11 | Staff Report |
| 326NPRR-03 Reliant Energy Retail Services Comments 021111 | doc | Feb 11 '11 | Revision Request Comments |
| 326NPRR-04 Urgency Vote Ballot 021611 | xls | Feb 16 '11 | Revision Request Ballot |
| 326NPRR-05 Cost Benefit Analysis 031511 | xls | Mar 15 '11 | Staff Report |
| 326NPRR-06 PRS Report 032411 | doc | Mar 28 '11 | Committee Report |
| 326NPRR-07 Revised Cost Benefit Analysis 042011 | xls | Apr 20 '11 | Staff Report |
| 326NPRR-08 PRS Report 042111 | doc | Apr 26 '11 | Committee Report |
| 326NPRR-09 Revised Cost Benefit Analysis 042911 | xls | Apr 29 '11 | Staff Report |
| 326NPRR-10 TAC Report 050511 | doc | May 9 '11 | Committee Report |
| 326NPRR-11 Board Report 062111 | doc | Jun 22 '11 | Committee Report |
Meetings That Took It Up 5
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Jun 21 '11 | Board of Directors Meeting | BOARD | Concluded |
| May 5 '11 | TAC Meeting | TAC | Concluded |
| Apr 21 '11 | PRS Meeting | PRS | Concluded |
| Mar 24 '11 | PRS Meeting | PRS | Concluded |
| Feb 17 '11 | PRS Meeting | PRS | Concluded |