VCMRR #31 · Revision Request
VCMRR031 Clarification Related to Variable Costs in Fuel Adders
- WMS May 3 '23
- TAC May 23 '23
- BOARD Jun 20 '23
- PUCT Jul 20 '23
ReasonAddresses current operational issues; Market efficiencies or enhancements
Created2021-03-03
Approved2023-07-20
Sections Affected
1.43.4and 3.5 (delete)
Summary
This Verifiable Cost Manual Revision Request (VCMRR): • Defines variable costs and clarifies that all cost components used to calculate a Filing Entity’s fuel adder should also be based on variable costs; • Removes the minimum requirements fee cost category from the examples of cost categories that may be included in the fuel adder; and • Changes the review timeline detailed in paragraph (3) of Section 3.4 to give ERCOT the ability to review and follow up on more complex cost submissions.
Timeline
- Feb 3
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Mar 3
WMS WMS Meeting by Webex OnlyWMSDeferred/Tabled Referred → RCWG“to table VCMRR031 and refer the issue to the Resource Cost Working Group (RCWG)” — Passed→ Language Consideration
- Apr 7
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May 5
Listed without action at 3 meetings (May 5 '21 – Jul 7 '21)
- Aug 4
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Sep 1
Listed without action at 19 meetings (Sep 1 '21 – Mar 1 '23)
- WMS Meeting by Webex Only
- WMS Meeting by Webex Only
- WMS Meeting by Webex Only
- WMS Meeting by Webex Only
- WMS Meeting by Webex Only
- WMS Meeting by Webex Only
- WMS Meeting by Webex Only
- WMS Meeting
- WMS Meeting
- WMS Meeting
- WMS Meeting
- WMS Meeting
- WMS Meeting
- WMS Meeting by Webex Only
- WMS Meeting
- WMWG Meeting
- WMS Meeting - Webex Only (RESCHEDULED)
- WMS Meeting - Webex Only
- WMS Meeting
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Apr 5
WMS WMS MeetingWMSRecommended for Approval“to recommend approval of VCMRR031 as submitted” — Passed→ Impact Analysis Consideration
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May 3
WMS WMS Meeting - Webex OnlyWMSRecommended for Approval Forwarded → TAC“to endorse and forward to TAC the 4/5/23 WMS Report and the 8/3/21 Revised Impact Analysis for VCMRR031” — Passed→ Revision Request Consideration
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May 23
TAC TAC Meeting - Webex OnlyTACRecommended for Approval“to recommend approval of VCMRR031 as recommended by WMS in the 5/3/23 WMS Report” — Passed→ Revision Request Consideration
- Jun 19
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Jun 20
BOARD Board of Directors MeetingBOARDRecommended for Approval“to recommend approval of VCMRR031 as recommended by TAC in the 5/23/23 TAC Report” — Passed→ Revision Request Consideration
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Jul 20
PUCTPUCTApproved“to approve VCMRR031 and accompanying ERCOT Market Impact Statement as presented in Project No. 54445, Review of Rules Adopted by the Independent Organization” — Passed
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Posted since the last meeting