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NPRR1057
Summary
| Title | Modification to Real-Time Hub Price Formulas for Fully De-Energized Hubs |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 04/13/2021 |
Action
| Date | Gov Body | Action Taken | Next steps |
|---|---|---|---|
| 04/13/2021 | BOARD | Approved | |
| 03/24/2021 | TAC | Recommended for Approval | Revision Request Consideration |
| 02/11/2021 | PRS | Recommended for Approval | Revision Request Consideration |
| 01/14/2021 | PRS | Recommended for Approval | Impact Analysis Consideration |
| 12/10/2020 | PRS | Deferred/Tabled | Language Consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 04/13/2021 | BOARD | to approve NPRR1057 as recommended by TAC in the 3/24/21 TAC Report, and the Revised Impact Analysis | Passed |
| 03/24/2021 | TAC | to recommend approval of NPRR1057 as recommended by PRS in the 2/11/21 PRS Report | Passed |
| 02/11/2021 | PRS | to endorse and forward to TAC the 1/14/21 PRS Report and Impact Analysis for NPRR1057 with a recommended priority of 2021 and rank of 3310 | Passed |
| 01/14/2021 | PRS | to recommend approval of NPRR1057 as amended by the 1/8/21 ERCOT comments | Passed |
| 12/10/2020 | PRS | to table NPRR1057 and refer the issue to WMS | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Nov 24, 2020 |
| Sponsor: | ERCOT |
| Urgent: | No |
| Sections: | 3.5.2.1, 3.5.2.2, 3.5.2.3, 3.5.2.4, 3.5.2.5, 3.5.2.6, 3.5.2.7, 6.6.1.5 |
| Description: | This Nodal Protocol Revision Request (NPRR) revises paragraph (2) of Section 6.6.1.5, Hub LMPs, to apply the Hub Locational Marginal Price (LMP) formulas to the Panhandle 345 kV Hub and the Lower Rio Grande Valley 138/345 kV Hub. In the case of the Lower Rio Grande Valley 138/345 kV Hub, this proposed change would only apply after implementation of NPRR941, Create a Lower Rio Grande Valley Hub. The proposed revisions also eliminate the portions of Hub Real-Time Settlement Point Prices (SPPs) formulas that are designed to address the condition of all Hub Buses within a Hub being de-energized. The SPP logic is redundant with what occurs in the calculation of LMPs and the formulas are unclear regarding how to manage the case in which all the Hub Buses are de-energized for only a portion of a 15-minute Settlement Interval. |
| Reason: | Market efficiencies or enhancements |
Key Documents
Nov 24, 2020 - doc - 1018 KB
Nov 24, 2020 - docx - 28.3 KB
Dec 15, 2020 - xls - 100.5 KB
Dec 15, 2020 - doc - 1 MB
Dec 28, 2020 - docx - 153.7 KB
Jan 7, 2021 - xls - 99.5 KB
Jan 7, 2021 - doc - 41.5 KB
Jan 8, 2021 - docx - 207.4 KB
Jan 20, 2021 - xls - 101 KB
Jan 20, 2021 - docx - 216.3 KB
Feb 16, 2021 - xls - 100.5 KB
Feb 16, 2021 - docx - 217 KB
Mar 26, 2021 - xls - 101 KB
Mar 26, 2021 - docx - 217.4 KB
Mar 31, 2021 - docx - 29.1 KB
Apr 15, 2021 - docx - 219.7 KB