OBDRR #48 · Revision Request
OBDRR048 Implementation of Operating Reserve Demand Curve (ORDC) Multi-Step Price Floor
ReasonRegulatory requirements
Created2023-08-22
Approved2023-10-12
Sections Affected
Methodology for Implementing Operating Reserve Demand Curve (ORDC) to Calculate Real-Time Reserve Price Adder
Summary
The Other Binding Document Revision Request (OBDRR) adds two price floors to the Operating Reserve Demand Curve (ORDC): one at reserve levels below 6,500 megawatts (MW) ($20 per megawatt hour (MWh)), and another between 6,500 MW and 7,000 MW ($10 per MWh).
Action Log 3 milestones
-
Aug 22
TACRecommended for Approval→ Board for consideration
-
Aug 31
BOARDRecommended for Approval→ PUCT for consideration
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Oct 12
PUCTApproved
Ballots
| Date | Body | Result | Yes | No | Abstain | |
|---|---|---|---|---|---|---|
| Aug 22 '23 | TAC | Motion Passes | 22 | 7 | 1 | xls |
Documents 6
| Name | Type | Posted | Classification |
|---|---|---|---|
| 048OBDRR-01 Implementation of Operating Reserve Demand Curve (ORDC) Multi-Step Price Floor 081123 | docx | Aug 11 '23 | Revision Request |
| 048OBDRR-02 Impact Analysis 081123 | docx | Aug 11 '23 | Staff Report |
| 048OBDRR-03 TAC Ballot 082223 | xls | Aug 22 '23 | Revision Request Ballot |
| 048OBDRR-04 TAC Report 082223 | docx | Aug 22 '23 | Committee Report |
| 048OBDRR-05 Board Report 083123 | docx | Sep 1 '23 | Committee Report |
| 048OBDRR-06 PUCT Report 101223 | docx | Oct 13 '23 | Committee Report |
Meetings That Took It Up 3
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Aug 31 '23 | Board of Directors Meeting | BOARD | Concluded |
| Aug 30 '23 | Reliability and Markets Committee | RELIABILITYMARKETS | Concluded |
| Aug 22 '23 | TAC Meeting - Webex Only | TAC | Concluded |