NPRR #847 · Revision Request
NPRR847 Exceptional Fuel Cost Included in the Mitigated Offer Cap
ReasonAddresses current operational issues; Market efficiencies or enhancements
Created2017-09-14
Approved2018-08-07
Sections Affected
2.12.24.4.9.4.16.6.3.76.6.3.89.5.39.14.7
Summary
This Nodal Protocol Revision Request (NPRR) provides a long-term solution that was requested by Market Participants during the stakeholder review and approval of NPRR664, Fuel Index Price for Resource Definition and Real-Time Make-Whole Payments for Exceptional Fuel Cost Events. In substitution for the NPRR664 language that is removed by this NPRR, ERCOT proposes the following: • Allowing Qualified Scheduling Entities (QSEs) to submit weighted average fuel prices in the Mitigated Offer Cap (MOC) for Real-Time mitigation, and • Consolidation of the calculation of the MOC into a single equation for clarification.
Action Log 7 milestones
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Sep 14
PRSDeferred/Tabled→ Language Consideration
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Mar 8
PRSRecommended for Approval→ Impact Analysis Consideration
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Apr 12
PRSRecommended for Approval→ Revision Request Consideration
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May 24
TACRecommended for Approval→ Revision Request Consideration
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Jun 12
BOARDRemanded→ Revision Request Consideration
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Jul 26
TACRecommended for Approval→ Revision Request Consideration
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Aug 7
BOARDApproved
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Mar 8 '18 | PRS | To recommend approval of NPRR847 as amended by the 1/30/18 ERCOT comments. | Passed |
| Jul 26 '18 | TAC | To recommend approval of NPRR847 as recommended by PRS in the 4/12/18 PRS Report as amended by the 6/21/18 ERCOT comments. | Passed |
Documents 15
| Name | Type | Posted | Classification |
|---|---|---|---|
| 847NPRR-01 Exceptional Fuel Cost Included in the Mitigated Offer Cap 082917 | doc | Aug 29 '17 | Revision Request |
| 847NPRR-02 Impact Analysis 082917 | doc | Aug 29 '17 | Committee Report |
| 847NPRR-03 PRS Report 091417 | doc | Sep 18 '17 | Committee Report |
| 847NPRR-04 WMS Comments 092717 | doc | Sep 27 '17 | Revision Request Comments |
| 847NPRR-05 Luminant Generation Comments 120817 | doc | Dec 8 '17 | Revision Request Comments |
| 847NPRR-06 ERCOT Comments 010518 | doc | Jan 5 '18 | Revision Request Comments |
| 847NPRR-07 ERCOT Comments 013018 | doc | Jan 30 '18 | Revision Request Comments |
| 847NPRR-08 WMS Comments 030218 | doc | Mar 2 '18 | Revision Request Comments |
| 847NPRR-09 PRS Report 030818 | doc | Mar 12 '18 | Committee Report |
| 847NPRR-10 PRS Report 041218 | doc | Apr 17 '18 | Committee Report |
| 847NPRR-11 TAC Report 052418 | doc | May 24 '18 | Committee Report |
| 847NPRR-12 Board Report 061218 | doc | Jun 15 '18 | Committee Report |
| 847NPRR-13 ERCOT Comments 062118 | doc | Jun 21 '18 | Revision Request Comments |
| 847NPRR-14 TAC Report 072618 | doc | Jul 26 '18 | Committee Report |
| 847NPRR-15 Board Report 080718 | doc | Aug 8 '18 | Committee Report |
Meetings That Took It Up 24
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Aug 7 '18 | Board of Directors Meeting | BOARD | Concluded |
| Jul 26 '18 | TAC Meeting | TAC | Concluded |
| Jun 12 '18 | Board of Directors Meeting | BOARD | Concluded |
| May 24 '18 | TAC Meeting | TAC | Concluded |
| May 2 '18 | WMS Meeting | WMS | Concluded |
| Apr 12 '18 | PRS Meeting | PRS | Concluded |
| Mar 8 '18 | PRS Meeting | PRS | Concluded |
| Feb 28 '18 | WMS Meeting | WMS | Concluded |
| Feb 13 '18 | QMWG Meeting | QMWG | Concluded |
| Feb 8 '18 | PRS Meeting | PRS | Concluded |
| Jan 31 '18 | WMS Meeting | WMS | Concluded |
| Jan 18 '18 | PRS Meeting | PRS | Concluded |
| Jan 10 '18 | WMS Meeting | WMS | Concluded |
| Jan 8 '18 | QMWG Meeting | QMWG | Concluded |
| Dec 14 '17 | PRS Meeting | PRS | Concluded |
| Dec 4 '17 | QMWG Meeting | QMWG | Concluded |
| Nov 29 '17 | RCWG Meeting | RCWG | Concluded |
| Nov 9 '17 | PRS Meeting | PRS | Concluded |
| Nov 1 '17 | WMS Meeting | WMS | Concluded |
| Oct 30 '17 | QMWG Meeting | QMWG | Concluded |
| Oct 12 '17 | PRS Meeting | PRS | Concluded |
| Oct 9 '17 | QMWG Meeting | QMWG | Concluded |
| Sep 27 '17 | WMS Meeting | WMS | Concluded |
| Sep 14 '17 | PRS Meeting | PRS | Concluded |