Issues

NPRR147

Summary
Action
Voting Record
Background
Key Documents

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Status	Withdrawn on 07/27/2010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07/27/2010		Withdrawn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

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Withdrawn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

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

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Status:	Withdrawn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.