NPRR #338 · Revision Request
NPRR338 Modifications to Support Revenue Neutrality
ReasonThe reasons for this revision are: 1) To facilitate revenue neutrality in the CRR Balancing Account closure process in the event of a short payment on the RTM Invoices. The amount collected from the RTM Invoices for the monthly refunds to the short-paid Day-Ahead CRR Owners should be deducted before calculating the pro-rated payout to the short-paid RTM Invoice Recipients. This is consistent with the treatment of those funds for RTM Invoice payout when there is not a short-pay.To facilitate ERCOT’s revenue neutrality by allowing ERCOT to perform a DAM Resettlement Statement to resolve a DAM Settlement error that impacts ERCOT’s ability to achieve revenue neutrality.
Created2011-04-21
Approved2011-07-19
Sections Affected
9.2.59.19
Summary
This Nodal Protocol Revision Request (NPRR) deducts the amount collected for the shortfall charges for Congestion Revenue Right (CRR) Owners from the amount received on all Real-Time Market (RTM) Invoices prior to prorating the payout to the RTM Invoice Recipients. It also adds language to allow ERCOT to resettle the Day-Ahead Market (DAM) in the event that a DAM Settlement error, which does not otherwise meet the Protocol requirements for resettlement, will impact ERCOT’s ability to achieve revenue neutrality.
Action Log 4 milestones
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Apr 21
PRSRecommended for Approval→ PRS review the IA
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May 19
PRSRecommended for Approval→ TAC consideration
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Jun 2
TACRecommended for Approval→ Board consideration
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Jul 19
BOARDApproved
Documents 8
| Name | Type | Posted | Classification |
|---|---|---|---|
| 338NPRR-01 Modifications to Support Revenue Neutrality 031711 | doc | Mar 17 '11 | Revision Request |
| 338NPRR-02 Impact Analysis 031711 | doc | Mar 17 '11 | Staff Report |
| 338NPRR-03 Cost Benefit Analysis 031711 | xls | Apr 22 '11 | Staff Report |
| 338NPRR-04 PRS Report 042111 | doc | Apr 26 '11 | Committee Report |
| 338NPRR-05 Revised Cost Benefit Analysis 051811 | xls | May 18 '11 | Staff Report |
| 338NPRR-06 PRS Report 051911 | doc | May 24 '11 | Committee Report |
| 338NPRR-07 TAC Report 060211 | doc | Jun 3 '11 | Committee Report |
| 338NPRR-08 Board Report 071911 | doc | Jul 19 '11 | Committee Report |
Meetings That Took It Up 5
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Jul 19 '11 | Board of Directors Meeting | BOARD | Concluded |
| Jun 2 '11 | TAC Meeting | TAC | Concluded |
| May 19 '11 | PRS Meeting | PRS | Concluded |
| Apr 27 '11 | COPS Communication Working Group (CCWG) Meeting | CCWG | Concluded |
| Apr 21 '11 | PRS Meeting | PRS | Concluded |