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NPRR268

Summary

Title: Posting Requirements of Verifiable Costs Documents
Next Group:
Next Step:
Status: Approved on 11/16/2010
Effective Dates:
12/01/2010

Action

Date Gov Body Action Taken Next Steps
11/16/2010 BOARD Approved
11/04/2010 TAC Recommended for Approval ERCOT Board Consideration
10/21/2010 PRS Recommended for Approval TAC Consideration
09/23/2010 PRS Recommended for Approval PRS IA Review

Voting Record

Date Gov Body Motion Result
11/16/2010 BOARD To approve NPRR268 as recommended by TAC in the 11/4/10 TAC Report Passed
11/04/2010 TAC To recommend approval of NPRR268 as recommended by PRS in the 10/21/10 PRS Report Passed
10/21/2010 PRS To endorse and forward the 9/23/10 PRS Report and Impact Analysis for NPRR268 to TAC Passed
09/23/2010 PRS To recommend approval of NPRR268 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: Sep 1, 2010
Sponsor: ERCOT
Urgent: No
Sections: 5.6.1
Description: This Nodal Protocol Revision Request (NPRR) allows ERCOT to post the Verifiable Cost Manual publicly on the ERCOT website.
Reason: The Nodal Protocols require that ERCOT post the process for determining verifiable actual costs to the Market Information System (MIS) Secure Area. ERCOT worked with the Wholesale Market Subcommittee (WMS) and the Verifiable Cost Working Group (VCWG) to create the process for submitting and approving actual verifiable costs. The details of this process are described in a manual (Verifiable Cost Manual) and currently posted on the ERCOT website. However, in order to meet the Nodal Protocol requirements for the Texas Nodal Market Implementation, ERCOT would need to post the Verifiable Cost Manual on the MIS Secure Area. This requirement may preclude many Market Participants and other stakeholders from having access to the Verifiable Cost Manual, which limits the transparency of the process.

Key Documents

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