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SCR #785 · Revision Request

SCR785  Update RTL calculation to include Real-Time Reserve Price Adder based components

Withdrawn sponsor ERCOT posted 2017-01-20 ercot.com
ReasonTo more closely align calculated credit exposure with Real-Time Market (RTM) Settlement risk.
Created2014-11-06
Sections Affected
16.11.4.3
Summary
The Real-Time Liability (RTL) component of credit calculations estimates settlement risk for unsettled operating days. RTL currently does not include changes in exposure from Real Time Reserve Price Adder Based on Operating Reserve Demand Curve (ORDC) related calculations. This SCR is to update RTL to include the effect of certain ORDC exposure determinants. 1. Modifies the Real-Time Liability (RTL) calculation to include an estimated amount of the following determinants; a. RTASIAMT (Real-Time Ancillary Service Imbalance Amount) based on calculations defined in paragraphs (6) of Protocol Section 6.7.4 Real-Time Ancillary Service Imbalance Payment or Charge, b. RTRUCRSVAMT (Real-Time RUC Ancillary Service Reserve based on calculations defined in paragraphs (7) of Protocol Section 6.7.4.6 Real-Time Ancillary Service Imbalance Payment or Charge Amount), and c. LAASIRNAMT (Real-Time Ancillary Service Imbalance Revenue Neutrality Allocation) based on calculations defined in Protocol Section 6.7.5 Real-Time Ancillary Service Imbalance Revenue Neutrality Allocation. NPRR 626, "Reliability Deployment Price Adder", also adjusts the RTL calculation to reflect other ORDC determinants that are not within the scope of this SCR. This SCR was proposed when it was determined that NPRR626 did not include all applicable RTL determinants.
Action Log 1 milestones
Documents 5
NameTypePostedClassification
785SCR-01 RTL Update to Include ORDC Components 102214 doc Oct 23 '14 Revision Request
785SCR-02 Impact Analysis 102214 doc Oct 23 '14 Staff Report
785SCR-03 PRS Report 110614 doc Nov 11 '14 Committee Report
785SCR-04 WMS Comments 120314 doc Dec 3 '14 Revision Request Comments
785SCR-05 Request for Withdrawal 012017 doc Jan 20 '17 Revision Request Comments
Meetings That Took It Up 30
DateMeetingCommitteeStatus
Feb 9 '17 PRS Meeting PRS Concluded
Jan 19 '17 PRS Meeting PRS Concluded
Jan 18 '17 CWG/MCWG Meeting CREDITWG Concluded
Dec 1 '16 PRS Meeting PRS Concluded
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Dec 11 '14 PRS Meeting PRS Concluded
Dec 3 '14 WMS Meeting WMS Concluded
Nov 6 '14 PRS Meeting PRS Concluded