Operations; Settlements

Tue, Oct 27, 2020 11:28 AM

M-A070820-09 Board-Approved Price Correction (Transformer Ratings Issue) - Day-Ahead Market (DAM) Resettlement for Operating Days (ODs) June 24 and 25, 2020


NOTICE DATE: October 27, 2020

NOTICE TYPE: M-A070820-09 Settlements

SHORT DESCRIPTION: Board-Approved Price Correction (Transformer Ratings Issue) - Day-Ahead Market (DAM) Resettlement for Operating Days (ODs) June 24 and 25, 2020

INTENDED AUDIENCE: QSE and CRRAH Settlement Personnel

DAYS AFFECTED: June 24 and 25, 2020

LONG DESCRIPTION: On October 13, 2020, the ERCOT Board of Directors (Board) directed ERCOT to implement price corrections for Day-Ahead Settlement Point Prices (DASPPs), DAM Market Clearing Prices for Capacity (MCPCs), and DAM Locational Marginal Prices (LMPs) for ODs June 8 - 12, 15 – 17, 19 – 20, 24 – 25, 28 – 30, 2020, and July 1 – 6, 2020, and Real-Time Settlement Point Prices (RTSPPs), Real-Time Price for Energy Metered for Resources (RTRMPRs), and Real-Time Locational Marginal Prices (LMPs) for Electrical Buses for OD July 1, 2020. See Urgent Board of Directors Meeting (October 13, 2020), Agenda Item 7.1.

The DAM Resettlement Statements for ODs June 24, 2020 and June 25, 2020 will post today.  Further details are included in the table below:

Operating Day

June 24, 2020

June 25, 2020

Reason for Resettlement

Board-Approved DAM Price Correction

Affected Settlement Charge Types

DAESAMT, DAEPAMT, DARTOBLAMT, DARTOBLLOAMT, DACONGRENT, DAMWAMT, LADAMWAMT, PCNSAMT, DANSAMT, PCRDAMT, DARDLAMT, PCRRAMT, DARRAMT, PCRUAMT, DARUAMT, DAOBLAMT, DAOPTAMT, DAOPTRAMT, CRRBACR

Publication Date of Previous Settlement Statement

June 26, 2020

June 29, 2020

Publication Date of Resettlement Statement

October 27, 2020

October 27, 2020

Invoice Date of Resettlement Statement

October 27, 2020

October 27, 2020

 

Resettled Charge Types

June 24, 2020
Resettlement Amount

June 25, 2020
Resettlement Amount

Day-Ahead Energy Sales (DAESAMT)

($117,630.52)

$42,648.52

Day-Ahead Energy Purchased (DAEPAMT)

$118,160.54

($42,889.43)

Day-Ahead Real Time Obligation (DARTOBLAMT)

$865.94

($94.45)

Day-Ahead RTM Obl linked to Opt (DARTOBLLOAMT)

$828.65

($72.31)

Day-Ahead congestion rent (DACONGRENT)

$2,224.61

($407.67)

Day-Ahead Make-Whole Amount (DAMWAMT)

$7.61

$0.00

Load Allocated Day-Ahead Make-Whole charge (LADAMWAMT)

($6.83)

$0.00

Non-Spin Reserve Service Payment (PCNSAMT)

$34.24

$0.00

Day-Ahead Non-Spin Amount (DANSAMT)

($34.33)

$0.00

Procured Capacity for Reg Down (PCRDAMT)

($1,109.69)

($135.80)

Day-Ahead Reg-Down Amount (DARDAMT)

$1,109.68

$135.82

Procured Capacity for Responsive Reserve Amount (PCRRAMT)

$513.65

$671.14

Day-Ahead Responsive Reserve Amount (DARRAMT)

($513.67)

($671.13)

Procured Capacity for Responsive Reserve Amount (PCRUAMT)

$164.01

$210.83

Day-Ahead Reg-Up Amount (DARUAMT)

($164.26)

($210.89)

Day-Ahead Obligation Amount (DAOBLAMT)

($178.11)

($105.59)

Day-Ahead Option Amount (DAOPTAMT)

($986.23)

$305.25

Day-Ahead Option with Refund Amount (DAOPTRAMT)

$2.42

$0.01

CRR Balancing Account Credit (CRRBACR)

$1,078.55

($67.09)

 

ADDITIONAL INFORMATION: Please be advised that for this price correction, ERCOT will be running DAM resettlements, issuing corresponding Resettlement Statements, and posting Market Notices for two ODs at a time.

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.

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dg