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NPRR027

Summary

Title: Block Offers in CRR Auction
Next Group:
Next Step:
Status: Approved on 10/17/2006
Effective Dates:
12/01/2010

or per the Nodal Protocol Transition Plan http://www.ercot.com/mktrules/protocols (11/01/06 Nodal Protocols Library)

Action

Date Gov Body Action Taken Next Steps
06/28/2007 TAC
06/12/2007 PRS Recommended for Approval Review of B1G1 Impact Analysis
10/17/2006 BOARD Approved Effective Upon Texas Nodal Market Implementation
10/06/2006 TAC Recommended for Approval Board consideration
09/21/2006 PRS Recommended for Approval TAC consideration.

Voting Record

Date Gov Body Motion Result
06/28/2007 TAC No Action.
06/12/2007 PRS To recommend approval of B1G1 Impact Analysis Passed
10/17/2006 BOARD To approve as recommended by TAC. Passed
10/06/2006 TAC To recommend approval of NPRR027 as recommended by PRS. Passed
09/21/2006 PRS To recommend approval of NPRR027 as submitted. Passed

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.

Background

Status: Approved
Date Posted: Sep 14, 2006
Sponsor: ERCOT Staff
Urgent: No
Sections: 7.3, 7.5.2.1
Description: Revise how CRRs may be offered in the CRR Auctions. CRRs may be bid in CRR Auctions and may be allocated in any time-of-use block. However, CRR bid awards and allocations for a one-month strip of 7x24 block will be split into one-month strips of the 3 other blocks and may be offered into subsequent CRR Auctions as the 3 separate block offers but not as a single 7x24 block.
Reason: The vendor (Nexant) CRR system does not support the flexibility of offering a one-month strip of 7x24 block allocated or awarded in a previous auction as (i) a 7x24 block or (ii) any of the 3 other blocks that make up the 7x24 block. Vendor estimates a cost of $325,000 for adding this flexibility to their system due to required fundamental changes in the following: data interfaces; Market User Interface functionality (new Java based editor, bilateral trading system): Market Operator Interface functionality; Database Subsystem; testing; and documentation.

Key Documents

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