NOTICE DATE: March 27, 2024
NOTICE TYPE: M-B032724-01 CRR
SHORT DESCRIPTION: 2024.2nd6.AnnualAuction.Seq1 CRR Auction
INTENDED AUDIENCE: CRR Account Holders and Counter-Parties
DAYS AFFECTED: March 27 – May 3, 2024
LONG DESCRIPTION: The tables below contain key dates and parameters for the following Congestion Revenue Right (CRR) Auction: 2024.2nd6.AnnualAuction.Seq1.
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Important Auction Dates
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Credit window opens (00:01 CPT)
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3/27/2024
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Post path specific adders report
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4/11/2024
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Bid window opens (00:01 CPT)
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4/16/2024
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Bid and credit windows close (17:00 CPT)
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4/18/2024
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Post auction results and release credit
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5/2/2024
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Post invoices
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5/3/2024
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General Auction Parameters
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Auction capacity %
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70
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Per account holder transaction limit
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4,000
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Preliminary transaction adjustment period limit (per account holder)
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827
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Total transaction limit
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400,000
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Bid and offer submittal increments
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.1 MW
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Minimum option bid price
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$0.01
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Methodology for deriving load distribution factors
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In accordance with the methodology specified in Section 4.5.1(5)
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CRR application currently supports
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Google Chrome and Microsoft Edge
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Specifications for the equipment and interfaces necessary to participate in CRR auctions
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CRR Market User Interface Specifications
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CRR Market User Interface Handbook
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ADDITIONAL INFORMATION: Additional Market Notices will be sent if a transaction adjustment period is needed for this auction or if the auction results are posted on a different date than specified in the table above.
The CRR Activity Calendar is located on the Congestion Revenue Rights page of the ERCOT website.
Information about proxy Settlement Points used in calculating CRR credit exposure can be found in the DAM Proxy Settlement Points list posted on the Credit page of the ERCOT website.
CONTACT: If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via email at ClientServices@ercot.com.
If you are receiving email from a public ERCOT distribution list that you no longer wish to receive, please follow this link to unsubscribe from this list: http://lists.ercot.com.
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