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SCR779
Summary
| Title | Increase to the CRR Auction Transaction Limit |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 04/08/2014 |
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 04/08/2014 | BOARD | Approved | |
| 02/27/2014 | TAC | Recommended for Approval | ERCOT Board of Directors for consideration |
| 02/13/2014 | PRS | Recommended for Approval | TAC for consideration |
| 01/16/2014 | PRS | Recommended for Approval | PRS Impact Analysis review |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 04/08/2014 | BOARD | To approve SCR779 as recommended by TAC in the 2/27/14 TAC Report | Passed |
| 02/27/2014 | TAC | To recommend approval of SCR779 as recommended in the 2/13/14 PRS Report and to include the 2/20/14 ERCOT comments and the 2/25/14 DC Energy comments in the Business Case for SCR779. | Passed |
| 02/13/2014 | PRS | To endorse and forward the 1/16/14 PRS Report and Impact Analysis for SCR779 to TAC with a recommended priority of 2014 and a rank of 898. | Passed |
| 01/16/2014 | PRS | To recommend approval of SCR779 as submitted. | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Dec 31, 2013 |
| Sponsor: | ERCOT |
| Urgent: | No |
| Sections: | |
| Description: | During Congestion Revenue Right (CRR) Auctions, a system limitation results in an aggregate limitation of 200,000 market transactions for CRR Account Holders. This System Change Request (SCR) increases the limit by 50% to 300,000 market transactions. This change will require improvements to the CRR software and enhancements to downstream systems to ensure that they can properly handle the increased transaction volume. |
| Reason: | The current aggregate system limitation of 200,000 market transactions results in individual CRR Account Holders not being able to submit the number of transactions as they might otherwise like to submit. This may restrict participation in the CRR Auctions, limit the granularity in the transactions submitted, and reduce the number of transactions that are finally cleared within the CRR Auction. Increasing the limit by 50% will help in alleviating these concerns. The change will also lower the likelihood of ERCOT needing to open a transaction adjustment period. |
Key Documents
Dec 31, 2013 - doc - 55.5 KB
Feb 14, 2014 - doc - 57 KB
Jan 20, 2014 - doc - 63.5 KB
Feb 17, 2014 - doc - 65.5 KB
Feb 20, 2014 - doc - 57.5 KB
Feb 25, 2014 - doc - 49.5 KB
Feb 28, 2014 - doc - 96 KB
Apr 9, 2014 - doc - 97.5 KB