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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

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: 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

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