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NPRR303

Summary

Title: Requirement to Post PTP Options Cleared in DAM or Taken to Real-Time
Next Group:
Next Step:
Status: Approved on 03/22/2011
Effective Dates:
05/18/2011

Action

Date Gov Body Action Taken Next Steps
03/22/2011 BOARD Approved
03/03/2011 TAC Recommended for Approval ERCOT Board consideration of NPRR303
02/17/2011 PRS Recommended for Approval TAC consideration of NPRR303
01/20/2011 PRS Recommended for Approval PRS Impact Analysis review

Voting Record

Date Gov Body Motion Result
03/22/2011 BOARD To approve NPRR303 as recommended by TAC in the 3/3/11 TAC Report. Passed
03/03/2011 TAC To recommend approval of NPRR303 as recommended by PRS in the 2/17/11 PRS Report. Passed
02/17/2011 PRS To grant NPRR303 Urgent status, to endorse and forward the 1/20/11 PRS Report, Impact Analysis and Cost Benefit Analysis for NPRR303 to TAC, and to recommend a priority of High and a rank of 14. Passed
01/20/2011 PRS To recommend approval of NPRR303 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: Dec 16, 2010
Sponsor: Luminant Energy Company, LLC
Urgent: Yes
Sections: 4.5.3
Description: This Nodal Protocol Revision Request (NPRR) adds language to specify the need for ERCOT to post quantities of Point-to-Point (PTP) Options and PTP Options with Refund that were not cleared in the Day-Ahead Market (DAM) and taken to Real-Time for Settlement.
Reason: The posting of these cleared quantities by hour by Settlement Point are necessary for Market Participants to adequately evaluate the results of the DAM including the accuracy of the Network Operations Model used for the DAM.

Key Documents

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