NPRR #507 · Revision Request

NPRR507 Correction of PTP Obligation Settlement Language Related to NPRR322 and NPRR470

Approved Urgent sponsor ERCOT posted 2012-12-06 ercot.com

PRS Dec 13 '12
TAC Jan 3 '13
BOARD Jan 15 '13
PUCT —

ReasonThis NPRR is needed to correct a discrepancy between the Settlement of PTP Obligation bids with Links to an Option and the related formulas as written in the Protocols.

Created2012-12-13

Approved2013-01-15

Sections Affected

4.6.3

Summary

This Nodal Protocol Revision Request (NPRR) corrects the formula for the "Real-Time PTP Obligation with Links to an Option per QSE per pair of source and sink" variable (RTOBLLO q, (j, k)), which affects the charge to Qualified Scheduling Entities (QSEs) for cleared Point-to-Point (PTP) Obligation bids with Links to an Option.

Timeline

2012
Dec 6
PRSFiled by ERCOT
- 507NPRR-01 Correction of PTP Obligation Settlement Language Rela Dec 6 '12 · Revision Request
- 507NPRR-02 Impact Analysis 120612 Dec 6 '12 · Staff Report
Dec 13
PRS Protocol Revision Subcommittee (PRS) Meeting
PRSRecommended for Approval
“To recommend approval of NPRR507 as submitted.” — Passed

→ TAC consideration of NPRR507
2013
Jan 3
TAC Technical Advisory Committee (TAC) Meeting
TACRecommended for Approval
“To recommend approval of NPRR507 as recommended by PRS in the 12/13/12 PRS Report.” — Passed

→ ERCOT Board Consideration
- 507NPRR-03 PRS Report 121312 Dec 14 '12 · Committee Report
- 507NPRR-04 TAC Report 010313 Jan 3 '13 · Committee Report
Jan 15
BOARD Board of Directors Meeting
BOARDApproved
“To approve NPRR507 as recommended by TAC in the 1/3/13 TAC Report” — Passed
—
Posted since the last meeting
- 507NPRR-05 Board Report 011513 Jan 18 '13 · Committee Report