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NPRR180

Summary

Title: Reconciliation of CRR Related Protocol Language
Next Group:
Next Step:
Status: Approved on 08/18/2009
Effective Dates:
12/01/2010

or per the Nodal Protocol Transition Plan http://www.ercot.com/mktrules/protocols (09/01/09 Nodal Protocols Library)

Action

Date Gov Body Action Taken Next Steps
08/06/2009 TAC Recommended for Approval Board consideration
07/23/2009 PRS Recommended for Approval TAC consideration
08/18/2009 BOARD Approved
06/18/2009 PRS Recommended for Approval PRS consider the Recommendation Report

Voting Record

Date Gov Body Motion Result
08/06/2009 TAC To recommend approval of NPRR180 as recommended by PRS Passed
07/23/2009 PRS To endorse and forward the PRS Recommendation Report and Impact Analysis for NPRR180 to TAC. Passed
08/18/2009 BOARD Approved NPRR180 as recommended by TAC in the 8/6/09 TAC Recommendation Report Passed
06/18/2009 PRS To recommend approval of NPRR180 as submitted. 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: Approved
Date Posted: Jun 10, 2009
Sponsor: Steve Reedy
Urgent: No
Sections: 3.10.3, CRR Network Model 7.1, Function of Congestion Revenue Rights 7.3, Types of Congestion Revenue Rights to Be Auctioned
Description: This Nodal Protocol Revision Request (NPRR) makes the following Nodal Protocol changes: o Removes the Section 3.10.3 requirement to hold Congestion Revenue Right (CRR) models static for two months prior to the auction, thus enabling CRR group to perform updates to CRR model until publication of said model. o Revises Section 7.1(2)(d) to state that the facilitation of bilateral trades will occur on the Market Information System (MIS) Certified Area, not the Secured Area. o Removes the wording in Section 7.1(2)(d) to clarify that bilateral trades of Point- to-Point (PTP) Options with Refund and PTP Obligations with Refund will not occur in Day-Ahead Market (DAM).Amends Section 7.3(1)(c) to clarify that all available Flowgate Right (FGR) capacity (that is consistent with the simultaneous feasibility test described in Section 7.5.5.4, Simultaneous Feasibility Study) is available in CRR Auctions, not just that offered by CRR Account Holders.
Reason: Removes of out of date language which does not provide for the current needs of CRR Account Holders, and reconciles minor differences of CRR application behavior with Nodal Protocols.

Key Documents

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