NPRR #537 · Revision Request
NPRR537 ERS Clearing Price
ReasonA market clearing price mechanism will provide for more efficient market outcomes than pay-as-bid. ERCOT has authority under P.U.C. Subst. R. 25.507(e)(1) to implement a market clearing price mechanism. As stated by the Public Utility Commission of Texas (PUCT) in its order adopting amendments to PUC Subst. R. 25.507, "The concept of establishing a market clearing price mechanism would appear to have the potential for solving some problems that exist in establishing prices for the service, and the commission encourages ERCOT staff to expeditiously explore the feasibility of implementing such a mechanism."
Created2013-05-16
Rejected2013-11-21
Sections Affected
3.14.3.16.6.11.1
Summary
This Nodal Protocol Revision Request (NPRR) modifies Section 6.6.11.1 to provide that Emergency Response Service (ERS) offers will be awarded at the market clearing price rather than on a pay-as-bid process.
Action Log 3 milestones
-
May 16
PRSDeferred/Tabled→ PRS for consideration
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Jun 20
PRSDeferred/Tabled→ PRS for consideration
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Nov 21
PRSRejected
Ballots
| Date | Body | Result | Yes | No | Abstain | |
|---|---|---|---|---|---|---|
| Jun 12 '13 | WMS | Motion Fails | 2.58333 | 3.16667 | 7 | xls |
Documents 7
| Name | Type | Posted | Classification |
|---|---|---|---|
| 537NPRR-01 ERS Clearing Price 041913 | doc | Apr 22 '13 | Revision Request |
| 537NPRR-02 WMS Comments 050913 | doc | May 9 '13 | Revision Request Comments |
| 537NPRR-03 PRS Report 051613 | doc | May 21 '13 | Committee Report |
| 537NPRR-04 Exelon comments 061713 | doc | Jun 17 '13 | Revision Request Comments |
| 537NPRR-05 Exelon Comments 061913 | doc | Jun 19 '13 | Revision Request Comments |
| 537NPRR-06 PRS Report 062013 | doc | Jun 25 '13 | Committee Report |
| 537NPRR-07 PRS Report 112113 | doc | Nov 21 '13 | Committee Report |
Meetings That Took It Up 12
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Dec 3 '13 | Technical Advisory Committee (TAC) Meeting | TAC | Concluded |
| Nov 21 '13 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| Oct 17 '13 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| Sep 19 '13 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| Aug 22 '13 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| Jul 18 '13 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| Jul 10 '13 | Wholesale Market Subcommittee (WMS) Meeting | WMS | Concluded |
| Jun 20 '13 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| Jun 12 '13 | Wholesale Market Subcommittee (WMS) Meeting | WMS | Concluded |
| Jun 4 '13 | Qualified Scheduling Entity Managers Working Group (QMWG) Meeting | QMWG | Concluded |
| May 16 '13 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| May 8 '13 | Wholesale Market Subcommittee (WMS) Meeting | WMS | Concluded |