NPRR #492 · Revision Request
NPRR492 Addition of System Lambda Information
ReasonSystem Lambda is the missing component needed by Market Participants to accurately calculate and shadow LMP prices.
Created2012-11-15
Approved2013-03-19
Sections Affected
2.14.5.16.3.26.6.1
Summary
This Nodal Protocol Revision Request (NPRR) accounts for the addition of the System Lambda to the Locational Marginal Price (LMP) by Resource Node, Load Zone and Trading Hub report and display; and defines System Lambda within the Protocols and applies the defined term throughout.
Action Log 4 milestones
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Nov 15
PRSRecommended for Approval→ PRS for Impact Analysis review.
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Dec 13
PRSRecommended for Approval→ TAC for consideration.
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Mar 7
TACRecommended for Approval→ ERCOT Board for consideration
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Mar 19
BOARDApproved
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Nov 15 '12 | PRS | To recommend approval of NPRR492 as revised by PRS. | Passed |
Documents 6
| Name | Type | Posted | Classification |
|---|---|---|---|
| 492NPRR-01 Addition of System Lambda Information 102612 | doc | Oct 26 '12 | Revision Request |
| 492NPRR-02 PRS Report 111512 | doc | Nov 20 '12 | Committee Report |
| 492NPRR-03 Impact Analysis 120512 | doc | Dec 5 '12 | Staff Report |
| 492NPRR-04 PRS Report 121312 | doc | Dec 18 '12 | Committee Report |
| 492NPRR-05 TAC Report 010313 | doc | Jan 4 '13 | Committee Report |
| 492NPRR-06 Board Report 031913 | doc | Mar 21 '13 | Committee Report |
Meetings That Took It Up 4
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Mar 19 '13 | Board of Directors Meeting | BOARD | Concluded |
| Jan 3 '13 | Technical Advisory Committee (TAC) Meeting | TAC | Concluded |
| Dec 13 '12 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| Nov 15 '12 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |