Operations; Settlements

Wed, Nov 11, 2020 01:23 PM

M-A070820-16 Board-Approved Price Correction (Transformer Ratings Issue) - CRR Balancing Account Resettlement for June 2020


NOTICE DATE: November 11, 2020

NOTICE TYPE: M-A070820-16 Settlements

SHORT DESCRIPTION: Board-Approved Price Correction (Transformer Ratings Issue)CRR Balancing Account Resettlement for June 2020

DAYS AFFECTED: November 11, 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.

In accordance with ERCOT Protocol Section 9.12(2), CRR Balancing Account Invoices, ERCOT has issued Congestion Revenue Right (CRR) Balancing Account (CRRBA) resettlement Invoices for the month of June 2020 to reflect changes to the CRRBA resulting from the above-referenced Board approved DAM price corrections.  Further details are included in the table below:

Operating Month

June 2020

Reason for resettlement

Board-Approved DAM Price Corrections

Publication Date of previous CRRBA Invoices

July 7, 2020

Publication Date of CRRBA resettlement Invoices

November 11, 2020

Total CRRBA changes due to DAM resettlements (CRRBACR)

($4,157.49)

Total Adjustment to CRR Refund Amount (CRRRAMT)

($2,746.96)

Total Adjustment to Load Allocated Amount (LACRRAMT)

$4,781,139.03

 

ADDITIONAL INFORMATION: The CRRBA resettlement Invoices and corresponding CRRBA extracts can be found on the Market Information System (MIS) under Settlements.

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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