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NPRR344
Summary
| Title | Define RMR Fuel Adder |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 07/19/2011 |
| Effective Dates |
08/01/2011
|
Action
| Date | Gov Body | Action Taken | Next steps |
|---|---|---|---|
| 07/19/2011 | BOARD | Approved | |
| 06/02/2011 | TAC | Recommended for Approval | ERCOT Board consideration of NPRR344 |
| 05/19/2011 | PRS | Recommended for Approval | TAC consideration of NPRR344 |
| 04/21/2011 | PRS | Recommended for Approval | PRS Impact Analysis review |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 07/19/2011 | BOARD | To approve NPRR344 as recommended by TAC in the 6/2/11 TAC Report. | Passed |
| 06/02/2011 | TAC | To recommend approval of NPRR344 as recommended by PRS in the 5/19/11 PRS Report. | Passed |
| 05/19/2011 | PRS | To endorse and forward the 4/21/11 PRS Report and Impact Analysis for NPRR344 to TAC. All Market Segments were present for the vote. | Passed |
| 04/21/2011 | PRS | To recommend approval of NPRR344 as submitted. | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Apr 1, 2011 |
| Sponsor: | ERCOT |
| Urgent: | No |
| Sections: | 3.14.1.16, 6.6.6.2 |
| Description: | This Nodal Protocol Revision Request (NPRR) defines the term "fuel adder" as reported by Resource Entities when filing Reliability Must-Run (RMR) contracts. The NPRR also clarifies that the fuel adder will be true-up to reflect actual fuel costs incurred. |
| Reason: | This NPRR is submitted to ensure accurate fuel prices are used when calculating Three-Part Supply Offers for the Day-Ahead Market (DAM). When a Resource Entity files an RMR contract, it must provide to ERCOT the estimated fuel adder as part of its Eligible Costs submission. This fuel adder is added to the appropriate index price to establish the Three-Part Supply Offers. If the fuel adder is not accurate, it can skew the Three-Part Supply Offers and impact DAM results. After the DAM has cleared, Resource Entities have the option of filing with ERCOT their actual fuel costs prior to the Final or True-up Settlements. |
Key Documents
Apr 1, 2011 - doc - 105.5 KB
Apr 1, 2011 - doc - 54 KB
Apr 11, 2011 - doc - 71.5 KB
Apr 26, 2011 - doc - 109 KB
May 23, 2011 - doc - 111.5 KB
Jun 3, 2011 - doc - 112.5 KB
Jul 19, 2011 - doc - 114.5 KB