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NPRR147

Summary

Title: DAM Short Pay Changes
Next Group:
Next Step:
Status: Withdrawn on 07/27/2010

Action

Date Gov Body Action Taken Next Steps
08/21/2008 PRS Referred PRS language consideration
07/27/2010 Withdrawn
11/20/2008 PRS Referred WMS and Credit WG consideration of NPRR147
10/23/2008 PRS Deferred/Tabled PRS language consideration
09/24/2008 PRS Referred WMS review of NPRR147

Voting Record

Date Gov Body Motion Result
08/21/2008 PRS To refer NPRR147 to the Transition Plan Task Force (TPTF). Passed
07/27/2010
11/20/2008 PRS To refer NPRR147 to WMS and the Credit Work Group (Credit WG). Passed
10/23/2008 PRS To table NPRR147. Passed
09/24/2008 PRS To refer NPRR147 to the Wholesale Market Subcommittee (WMS) to consider Reliant Energy’s comments to TPTF as well as subsequent comments made to NPRR147. 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Status: Withdrawn
Date Posted: Aug 13, 2008
Sponsor: Clayton Greer on behalf of the Wholesale Market Subcommittee (WMS)
Urgent: No
Sections: 7.5.7, 7.6, 7.9.3.5, 9.4.3, 9.10, 9.12 and 9.13
Description: This Nodal Protocol Revision Request (NPRR) changes the way short pays to the Day-Ahead Market (DAM) are handled. This NPRR reallocates short payments using a procedure that draws from the Congestion Revenue Right (CRR) Auction revenue account first and then draws any additional shortfalls from the CRR Balancing Account.
Reason: Allocation to the DAM of short pays is ineffective due to the voluntary nature of the DAM. This NPRR will prevent the potential collapse of the DAM should a large default event occur with CRRs or the DAM.

Key Documents

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