NPRR #468 · Revision Request
NPRR468 Alignment of System-Wide Offer Cap and Scarcity Pricing Mechanism Language with PUCT Substantive Rules
ReasonRemoving the specifics from the Protocols and inserting into an OBD helps to avoid potential conflicts between the Public Utility Commission of Texas (PUCT) rules and the Protocols, eliminating the need to file an NPRR each time the PUCT rule changes.
Created2012-06-21
Approved2012-07-17
Sections Affected
3.194.4.114.4.11.14.4.11.2 (delete)
Summary
This Nodal Protocol Revision Request (NPRR) removes the specifics for determining the SWCAP and operating the scarcity pricing mechanism language from the Protocols. The SWCAP and scarcity pricing mechanism language will be incorporated into the proposed Other Binding Document (OBD), System-Wide Offer Cap and Scarcity Pricing Mechanism Methodology.
Action Log 3 milestones
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Jun 21
PRSRecommended for Approval→ TAC for consideration.
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Jun 28
TACRecommended for Approval→ ERCOT Board for consideration.
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Jul 17
BOARDApproved
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Jun 28 '12 | TAC | To recommend approval of NPRR468 as recommended by PRS in the 6/21/12 PRS Report and as amended by the 6/27/12 ERCOT comments and the Other Binding Document, "System-Wide Offer Cap and Scarcity Pricing Mechanism Methodology", as recommended by PRS in the 6/21/12 PRS Report. | Passed |
| Jul 17 '12 | BOARD | To approve NPRR468 as recommended by TAC in the 6/28/12 TAC Report and the Other Binding Document, "System-Wide Offer Cap and Scarcity Pricing Mechanism" as amended by the 7/11/12 WMS comments. | Passed |
Documents 13
Meetings That Took It Up 4
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Jul 17 '12 | Board of Directors Meeting | BOARD | Concluded |
| Jun 28 '12 | Technical Advisory Committee (TAC) Meeting | TAC | Concluded |
| Jun 27 '12 | Joint Credit Working Group (CWG)/Market Credit Working Group (MCWG) Meeting | MCWG | Concluded |
| Jun 21 '12 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |