PRR692

Title:	Corrections to Replacement Reserve Service
Next Group:	Board of Directors
Next Step:	Board consideration of CNE Appeal.
Status:	Rejected on 10/19/2006

Date	Gov Body	Action Taken		Next Steps
11/02/2006	TAC		Rejected	Board consideration of CNE Appeal.
10/19/2006	PRS		Rejected	TAC notification

Date	Gov Body	Motion	Result	Against	Abstentions
11/02/2006	TAC	To reject CNE's Appeal of the PRS decision to reject PRR692.	Passed	0	3 IPM, IOU, and Consumer
10/19/2006	PRS	Reject PRR692.	Passed	2 MOU and Independent Generator	2 OPC and IPM

Status:	Rejected
Date Posted:	09/19/2006
Sponsor:	Constellation New Energy
Urgent:	No
Sections:	2.1, Definitions; 2.2, Acronyms; 4.4.16, ERCOT Receipt of Replacement Reserve Service Bids; 6.4.2, Determination of ERCOT Control Area Requirements; 6.5.6, Replacement Reserve Service; 6.8.1.11, Local Congestion Replacement Reserve Payment to QSE; 6.9.2.1.1, Replacement Reserve Under Scheduled Capacity; 6.9.2.1.2, Replacement Reserve Uplift Charge
Description:	Removes costs related to capacity procured for system security from the costs that are solely assigned to under-scheduled Qualified Scheduling Entities (ā??QSEā??), provides incentives for more accurate resource plans and eliminates the RPRS over-collection by compensating QSEs representing unscheduled resources.
Reason:	Currently, the settlement of replacement reserves unfairly allocates system security costs solely to users of BES Up and those that submit schedules after RPRS procurement. This PRR appropriately charges the system for system costs, and charges the portion of RPRS procurements caused by under-scheduling to those that under-schedule. This is consistent with the RPRS Task Force discussion on revisions to PRR 680.