NPRR #664 · Revision Request
NPRR664 Fuel Index Price for Resource Definition and Real-Time Make-Whole Payments for Exceptional Fuel Cost Events
ReasonAddresses current operational issues Market efficiencies or enhancements Other: Provides for an FIPRr that more accurately reflects a Resource’s actual fuel cost; and allows recovery whenever Resources are mitigated below their actual cost due to exceptional fuel costs.
Created2014-11-06
Approved2014-12-09
Sections Affected
2.12.23.14.13.14.1.164.4.9.24.4.9.2.14.4.9.2.34.4.9.3.14.4.9.3.34.4.9.4.14.4.9.4.25.6.15.7.1.15.7.36.6.3.76.6.3.86.6.6.27.9.1.39.5.39.14.7
Summary
This Nodal Protocol Revision Request (NPRR) introduces a Fuel Index Price for Resource (FIPRr). Resources may designate an FIPRr based on the Gas Daily’s Waha index price, or the weighted price of the Gas Daily Houston Ship Channel index price and the Gas Daily Waha index price. The default FIPRr shall be the Fuel Index Price (FIP). Resources that designate an FIPRr based on Waha index price or the weighted price must submit documentation to ERCOT indicating such designation and provide proof of physical delivery from such areas, as described in the Verifiable Cost Manual. In addition, a Real-Time Make-Whole Payment provision is included to address exceptional fuel cost events that are not resolved by the change to an FIPRr.
Action Log 3 milestones
-
Nov 6
PRSApproved→ PRS for consideration
-
Nov 20
TACRecommended for Approval→ Board for consideration
-
Dec 9
BOARDApproved
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Nov 20 '14 | TAC | To recommend approval of NPRR664 as recommended by PRS in the 11/6/14 PRS Report and as amended by the 11/18/14 GDF SUEZ comments with a recommended priority of 2015 and a rank of 1400; to discontinue the manual workaround of Sections 6.6.3.7 and 6.6.3.8 on May 1, 2015 (grey-box); and to request that ERCOT revisit with TAC the rank and priority of NPRR664 prior to project initiation. | Passed |
| Dec 9 '14 | BOARD | To approved NPRR664 as amended by the 11/24/14 ERCOT and 12/2/14 GDF SUEZ comments. | Passed |
Documents 12
| Name | Type | Posted | Classification |
|---|---|---|---|
| 664NPRR-01 Index Fuel Price 102214 | doc | Oct 22 '14 | Revision Request |
| 664NPRR-02 Calpine Comments 102314 | doc | Oct 23 '14 | Revision Request Comments |
| 664NPRR-03 Argus Media Comments 102814 | doc | Oct 28 '14 | Revision Request Comments |
| 664NPRR-04 WMS Comments 103014 | doc | Oct 30 '14 | Revision Request Comments |
| 664NPRR-05 PRS Report 110614 | doc | Nov 11 '14 | Committee Report |
| 664NPRR-06 ERCOT Comments 111414 | doc | Nov 14 '14 | Revision Request Comments |
| 664NPRR-07 GDF SUEZ Comments 111814 | doc | Nov 18 '14 | Revision Request Comments |
| 664NPRR-08 Impact Analysis 111914 | doc | Nov 19 '14 | Staff Report |
| 664NPRR-09 TAC Report 112014 | doc | Nov 21 '14 | Committee Report |
| 664NPRR-10 ERCOT Comments 112414 | doc | Dec 5 '14 | Revision Request Comments |
| 664NPRR-11 GDF SUEZ Comments 120214 | doc | Dec 2 '14 | Revision Request Comments |
| 664NPRR-12 Board Report 120914 | doc | Dec 11 '14 | Committee Report |
Meetings That Took It Up 33
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Oct 8 '19 | Board of Directors Meeting | BOARD | Concluded |
| Sep 25 '19 | TAC Meeting | TAC | Concluded |
| Aug 7 '19 | WMS Meeting | WMS | Concluded |
| Jul 24 '19 | TAC Meeting | TAC | Concluded |
| Jul 17 '19 | PRS Meeting | PRS | Concluded |
| Jul 10 '19 | WMS Meeting | WMS | Concluded |
| Jun 13 '19 | PRS Meeting | PRS | Concluded |
| Jun 5 '19 | WMS Meeting | WMS | Concluded |
| Apr 3 '19 | WMS Meeting | WMS | Concluded |
| Mar 25 '19 | WMWG Meeting | WMWG | Concluded |
| Jan 25 '19 | WMWG Meeting | WMWG | Concluded |
| Dec 3 '18 | QMWG Meeting | QMWG | Concluded |
| Nov 12 '18 | QMWG Meeting | QMWG | Concluded |
| Oct 15 '18 | QMWG Meeting | QMWG | Concluded |
| Sep 24 '18 | QMWG Meeting | QMWG | Concluded |
| Sep 5 '18 | WMS Meeting | WMS | Concluded |
| Jul 26 '17 | RCWG Meeting | RCWG | Concluded |
| Mar 22 '17 | RCWG Meeting | RCWG | Concluded |
| Jan 25 '17 | RCWG Meeting | RCWG | Concluded |
| Sep 7 '16 | WMS Meeting | WMS | Concluded |
| Jun 23 '16 | RCWG Meeting | RCWG | Concluded |
| Feb 24 '16 | RCWG Meeting | RCWG | Concluded |
| Jan 12 '16 | RCWG Meeting | RCWG | Concluded |
| Jul 31 '15 | RCWG Meeting | RCWG | Concluded |
| May 20 '15 | RCWG Meeting | RCWG | Concluded |
| Apr 23 '15 | RCWG Meeting | RCWG | Concluded |
| Mar 20 '15 | RCWG Meeting | RCWG | Concluded |
| Jan 7 '15 | WMS Meeting | WMS | Concluded |
| Dec 9 '14 | Board of Directors Meeting | BOARD | Concluded |
| Nov 20 '14 | TAC Meeting | TAC | Concluded |
| Nov 12 '14 | Joint CWG/MCWG Meeting | CREDITWG | Concluded |
| Nov 6 '14 | PRS Meeting | PRS | Concluded |
| Oct 29 '14 | WMS Meeting | WMS | Concluded |