NPRR #509 · Revision Request
NPRR509 Shortened RTM Settlement Timeline
ReasonThis NPRR provides for a shortened Settlement timeline as discussed at the 9/28/12 PUCT Open Meeting, under Project 40000, Commission Proceeding to Ensure Resource Adequacy in Texas, and as agreed upon at the 12/14/12 Commercial Operations Subcommittee (COPS) meeting. COPS recommends that the two phased approach described below be taken to reduce the Settlement timeline: Phase one reduces the posting requirement for the Initial Settlement Statement to eight days after the Operating Day. COPS recommends that phase one implementation occur 4/1/13 or the first day of the month following ERCOT Board approval of this NPRR. Phase two further reduces the posting requirement for the Initial Settlement Statement to seven days after the Operating Day. Additionally, the posting date of Final Settlement Statements is reduced from the 59th day after the Operating Day to the 57th day after the Operating Day to compensate for the two days eliminated from the Initial Settlement Statement posting. COPS recommends that phase two implementation occur three months after the implementation of phase one in order to allow time to address any issues or concerns that may arise from the initial reduction in the Settlement timeline and also to evaluate the accuracy and completeness of meter data.
Created2013-01-17
Approved2013-03-19
Sections Affected
9.5.4 and 9.5.5
Summary
This NPRR proposes a phased approach to reduce the posting date for the Initial Settlement Statement from nine days after the Operating Day to seven days after the Operating Day and reduces the posting date of the Final Settlement Statement from the 59th day after the Operating Day to the 57th day after the Operating Day.
Action Log 3 milestones
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Jan 17
PRSRecommended for Approval→ TAC Consideration
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Feb 7
TACRecommended for Approval→ ERCOT Board for consideration.
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Mar 19
BOARDApproved
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Jan 17 '13 | PRS | To recommend approval of NPRR509 as amended by the 1/16/13 ERCOT comments and to forward NPRR509 to TAC | Passed |
Documents 7
| Name | Type | Posted | Classification |
|---|---|---|---|
| 509NPRR-01 Shortened RTM Settlement Timeline 122012 | doc | Dec 20 '12 | Revision Request |
| 509NPRR-02 ERCOT Comments 011613 | doc | Jan 16 '13 | Revision Request Comments |
| 509NPRR-03 PRS Report 011713 | doc | Jan 22 '13 | Committee Report |
| 509NPRR-04 Credit Work Group Comments 013113 | doc | Jan 31 '13 | Revision Request Comments |
| 509NPRR-05 Impact Analysis 013113 | doc | Jan 31 '13 | Staff Report |
| 509NPRR-06 TAC Report 020713 | doc | Feb 11 '13 | Committee Report |
| 509NPRR-07 Board Report 031913 | doc | Mar 21 '13 | Committee Report |
Meetings That Took It Up 11
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Jul 16 '13 | Board of Directors Meeting | BOARD | Concluded |
| Jul 15 '13 | Communications and Settlements Working Group (CSWG) Meeting | CSWG | Concluded |
| Jul 2 '13 | Technical Advisory Comittee (TAC) Meeting | TAC | Concluded |
| Jun 11 '13 | Commercial Operations Subcommittee (COPS) Meeting | COPS | Concluded |
| May 7 '13 | Commercial Operations Subcommittee (COPS) Meeting | COPS | Concluded |
| Apr 9 '13 | Commercial Operations Subcommittee (COPS) Meeting | COPS | Concluded |
| Mar 19 '13 | Board of Directors Meeting | BOARD | Concluded |
| Mar 18 '13 | Communications and Settlements Working Group (CSWG) Meeting | CSWG | Concluded |
| Feb 7 '13 | Technical Advisory Committee (TAC) Meeting | TAC | Concluded |
| Jan 30 '13 | Joint Credit Working Group (CWG)/Market Credit Working Group (MCWG) Meeting | CREDITWG | Concluded |
| Jan 17 '13 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |