PRR776

Title:	Automatic MCPE Adjustment During Intervals of Non-Spinning Reserve Service Deployment
Next Group:
Next Step:
Status:	Approved on 03/17/2009

Date	Gov Body	Next Steps
03/17/2009	Board of Directors	Approved
02/17/2009	Board of Directors	Remanded	TAC Consideration
02/05/2009	TAC	Deferred/Tabled	Board consideration of Appeal
02/05/2009	TAC		TAC consideration
02/05/2009	TAC		TAC consideration
01/08/2009	TAC	Deferred/Tabled	TAC Consideration
12/04/2008	TAC	Deferred/Tabled	TAC consideration
11/06/2008	TAC	Deferred/Tabled	TAC Consideration
10/23/2008	PRS	Recommended for Approval	TAC Consideration
10/23/2008	PRS	Recommended for Approval	PRS Consideration
		Rejected	PRS Language Review

Date	Gov Body	Motion	Result	Against	Abstentions
03/17/2009	Board of Directors	On 3/17/09, the ERCOT Board approved PRR776 as amended by document "776PRR-63 Failed PRR Vote 030509" and as revised by the ERCOT Board.	Passed
02/17/2009	Board of Directors	Remand the TIEC appeal back to TAC with direction that a resolution be brought back to the March 17th ERCOT Board meeting.	Passed
02/05/2009	TAC	To table PRR776 until the March 5th TAC meeting and directed the PRR776 Discussion Group to evaluate the impacts of PRR791 language and to provide clarification on the On-line Non-Spinning Reserve issue	Passed	4	4
02/05/2009	TAC	To recommend approval of PRR776 as amended by the 2/4/09 TIEC comments and 2/3/09 DB Energy comments and as revised by TAC	Failed	10	0
02/05/2009	TAC	To recommend approval of PRR776 as amended by the 2/3/09 Luminant comments and 2/3/09 DB Energy Trading comments and as revised by TAC and recommending that the initial values for the variables be set a X=20, Y=500, and Z=$1500 for the first 60 days and then set at the system wide offer cap	Failed	11	1
01/08/2009	TAC	To table PRR776 until the February 5th TAC meeting with direction that the PRR776 Discussion Group discuss issues surrounding PRR776 including ERCOT’s concerns on the use of Non-Spinning reserves in the Balancing Energy Bid Stack with respect to North American Electric Reliability Corporation (NERC) standards and resolve mechanical issues such as those raised in the 1/7/09 Luminant comments.	Passed	0	0
12/04/2008	TAC	To table until January 8th TAC meeting.	Passed	0	0
11/06/2008	TAC	To table PRR776 until the December 4th TAC meeting.	Passed		1 IREP
10/23/2008	PRS	To grant Urgent status	Passed	12 Muni-1; IOU-1; Gen-5; IPM-5	3 IOU; Gen; Consumer
10/23/2008	PRS	To recommend approval of PRR776 as amended by the 10/21/08 TIEC comments	Passed	13 Muni-1; IOU-1; Gen-6; IPM-5	2 IOU-1; Consumer-1
		To grant Urgent status	Failed	1 Cooperative

Vote tallies here reflect individual votes, not the weight of the votes by market segment. Affirmative votes are not recorded in these vote tallies. For additional details on the voting record, please consult the Recommendation or Action Report, or the official vote tally if available, as posted in the key documents.

Status:	Approved
Date Posted:	08/25/2008
Sponsor:	Texas Industrial Energy Consumers (TIEC)
Urgent:	Yes
Sections:	6.8.1.12, 6.9.5.1
Description:	This Protocol Revision Request (PRR) adjusts the Market Clearing Price of Energy (MCPE) when the deployment of NSRS occurs to provide accurate prices in Real Time through an automatic $100/MWh upward adjustment. The $100 MCPE adjustment would replace the current PRR650, Balancing Energy Price Adjustment Due to Non-Spinning Reserve Service Energy Deployment, method of removing NSRS deployments and manually re-running Scheduling, Pricing, and Dispatching (SPD). The $100 adjustment is based on the average MCPE adjustment during NSRS deployments since 01/01/07.
Reason:	After-the-fact price adjustments resulting from PRR650 prevent price-responsive loads from reacting to prices in Real Time.