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NPRR376

Summary

Title: CRR Volume Limitation Enhancements
Next Group:
Next Step:
Status: Approved on 07/19/2011
Effective Dates:
09/06/2011

Action

Date Gov Body Action Taken Next Steps
07/19/2011 BOARD Approved
07/07/2011 TAC Recommended for Approval ERCOT Board consideration of NPRR376
06/23/2011 PRS Recommended for Approval TAC consideration of NPRR376

Voting Record

Date Gov Body Motion Result
07/19/2011 BOARD To approve NPRR376 as recommended by TAC in the 7/7/11 TAC Report. Passed
07/07/2011 TAC To recommend approval of NPRR376 as recommended by PRS in the 6/23/11 PRS Report and as revised by TAC with a recommended priority of Critical and rank of 9.46. Passed
06/23/2011 PRS To recommend approval of NPRR376 as amended by the 6/22/11 ERCOT comments and to forward NPRR376 to TAC. 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 7, 2011
Sponsor: DC Energy
Urgent: Yes
Sections: 2.1, 7.5.2, 7.5.2.1, 7.5.2.3, 7.5.3.2, 7.5.4
Description: This Nodal Protocol Revision Request (NPRR) establishes that Congestion Revenue Right (CRR) Account Holders are not included in the CRR transaction volume limitation process if they do not own open CRR positions or have credit allocated to the CRR Auction. This NPRR also expands ERCOT’s requirement to notify CRR Account Holders about issues pertaining to the transaction limitation.
Reason: Stakeholders and ERCOT have expressed a need for greater efficiency in the allocation of transactions. As noted in several stakeholder meetings, some CRR Account Holders are not participating in the CRR Auctions, however they are included in the CRR Auction transaction limitation process. Also, improved communication is needed to keep Market Participants fully informed during the two-round bidding process. DC Energy believes there is room for further enhancements to the allocation of available transactions and/or the overall capacity available to the market but has identified these limited "common-sense" changes to provide some amount of immediate relief at minimal cost.

Key Documents

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