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NPRR1086
Summary
| Title | Recovery, Charges, and Settlement for Operating Losses During an LCAP Effective Period |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 08/19/2021 |
| Effective Dates |
08/20/2021
|
Action
| Date | Gov Body | Action Taken | Next steps |
|---|---|---|---|
| 08/19/2021 | PUCT | Approved | |
| 08/10/2021 | BOARD | Recommended for Approval | PUCT for consideration |
| 07/28/2021 | TAC | Recommended for Approval | Board for consideration |
| 07/21/2021 | PRS | Recommended for Approval | TAC for consideration |
| 07/15/2021 | PRS | Deferred/Tabled | PRS for consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 08/19/2021 | PUCT | To approve NPRR1086 and accompanying ERCOT Market Impact Statement as presented in Project No. 52307 | Passed |
| 08/10/2021 | BOARD | To recommend approval of NPRR1086 as recommended by TAC in the 7/28/21 TAC Report | Passed |
| 07/28/2021 | TAC | To recommend approval of NPRR1086 as recommended by PRS in the 7/21/21 PRS Report as amended by the 7/27/21 TIEC comments; and the Revised Impact Analysis | Passed |
| 07/21/2021 | PRS | To recommend approval of NPRR1086 as amended by the 7/20/21 Luminant comments; and to forward to TAC NPRR1086 and the Impact Analysis with a recommended effective date of upon PUCT approval | Passed |
| 07/15/2021 | PRS | To grant NPRR1086 Urgent status and to table NPRR1086 | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Jul 14, 2021 |
| Sponsor: | ERCOT |
| Urgent: | Yes |
| Sections: | 2.1, 4.4.11, 6.8 (new), 6.8.1 (new), 6.8.2 (new), 6.8.3 (new), 6.8.3.1 (new), 6.8.3.1.1 (new), 6.8.3.2 (new), and 6.8.4 (new) |
| Description: | This Nodal Protocol Revision Request (NPRR) aligns the Protocols with the order amending 16 TAC § 25.505 in Project No. 51871 (51871 Order), which modifies the value of the Low System-Wide Offer Cap (LCAP) by eliminating a provision that ties the value of LCAP to the natural gas price index, and adding a provision that ensures that a Resource Entity (through its Qualified Scheduling Entity (QSE)) can recover its actual marginal costs when a scarcity pricing situation occurs while the LCAP is in effect (LCAP Effective Period). An LCAP Effective Period occurs when the Peaker Net Margin (PNM) during a calendar year exceeds a threshold of three times the cost of new entry for new generation plants. During an LCAP Effective Period, the System-Wide Offer Cap (SWCAP) will be set to the LCAP for the remainder of the calendar year. |
| Reason: | Meets Strategic goals / regulatory requirements |
Key Documents
Jul 14, 2021 - docx - 84 KB
Jul 14, 2021 - docx - 30.6 KB
Jul 14, 2021 - docx - 66.3 KB
Jul 15, 2021 - docx - 22.4 KB
Jul 15, 2021 - docx - 25.3 KB
Jul 19, 2021 - xls - 111.5 KB
Jul 19, 2021 - docx - 85.6 KB
Jul 20, 2021 - docx - 68.6 KB
Jul 20, 2021 - docx - 68.4 KB
Jul 20, 2021 - docx - 67.9 KB
Jul 22, 2021 - xls - 110 KB
Jul 22, 2021 - docx - 85.4 KB
Jul 22, 2021 - docx - 69.1 KB
Jul 27, 2021 - docx - 30.8 KB
Jul 27, 2021 - docx - 70.1 KB
Jul 30, 2021 - xls - 116 KB
Aug 3, 2021 - docx - 85.5 KB
Aug 11, 2021 - docx - 85.8 KB
Aug 19, 2021 - docx - 86.3 KB