settlements

2/23/21 4:48 PM

W-A021921-02 Payout due to ERCOT’s receipt of outstanding payments


NOTICE DATE: February 23, 2021

NOTICE TYPE: W-A021921-02 Settlements

SHORT DESCRIPTION: Payout due to ERCOT’s receipt of outstanding payments

INTENDED AUDIENCE: QSE and CRRAH Settlement personnel

DAYS AFFECTED: Settlement Invoices due for payout on February 19, 2021

LONG DESCRIPTION: On February 19, 2021, Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that were owed monies from ERCOT Settlement Invoices were short-paid as a result of the failure of GRIDDY ENERGY LLC 1 (QSE) and MQE LLC (QSE) to make timely payment on a Settlement Invoice. ERCOT has received payment for the outstanding Settlement Invoices and, as a result, will be issuing additional payments to affected QSEs and CRRAHs. The short-paid Settlement Invoices were originally issued on February 16, 2021.

Subsequent Payout Date: February 23, 2021

Total Amount Originally Shorted to Market:   

$1,561,870.12

Total Amount of Subsequent Payout to Market:

$1,561,871.15

 

ADDITIONAL INFORMATION:  Please review the ERCOT website for previous Market Notices related to this subject.  

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 in order to unsubscribe from this list: http://lists.ercot.com.

 

dg