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NPRR1289

Summary

Title Option Price Report and Establish 1 MW Bid Minimum
Next Group PRS
Next Step Impact Analysis Consideration
Status Pending

Action

Date Gov Body Action Taken Next Steps
06/11/2025 PRS Recommended for Approval Impact Analysis Consideration

Voting Record

Date Gov Body Motion Result
06/11/2025 PRS to recommend approval of NPRR1289 as submitted Passed

Background

Status: Pending
Date Posted: May 27, 2025
Sponsor: ERCOT
Urgent: No
Sections: 7.5.2.1, 7.5.2.3, and 7.5.3.1
Description: This Nodal Protocol Revision Request (NPRR) provides an option pricing report that will be posted on the ERCOT website following each auction. The option pricing report will contain shadow prices for all biddable source-sink paths for each month within each time-of-use for the Congestion Revenue Rights (CRR) auction period after auction results are posted. Additionally, this NPRR establishes a minimum CRR bid quantity of 1.0 MW. Bid quantities in 0.1 MW increments are still allowed above the 1.0 MW minimum. Currently, the CRR application accepts bid quantities as small as 0.1 MW. The minimum CRR offer quantity will remain 0.1 MW.
Reason: General system and/or process improvement(s)

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