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NPRR467

Summary

Title Balancing Account Resettlement Due to DAM Resettlement
Next Group
Next Step
Status Approved on 11/13/2012
Effective Dates
12/01/2012

Action

Date Gov Body Action Taken Next steps
11/13/2012 BOARD Approved
09/07/2012 TAC Recommended for Approval Board Consideration
08/23/2012 PRS Recommended for Approval TAC consideration
07/19/2012 PRS Recommended for Approval PRS review the IA

Voting Record

Date Gov Body Motion Result
11/13/2012 BOARD To approve NPRR467 as recommended by TAC in the 9/7/12 TAC Report. Passed
09/07/2012 TAC To recommend approval of NPRR467 as recommended by PRS in the 8/23/12 PRS Report and as amended by TAC Passed
08/23/2012 PRS To endorse and forward the 7/19/12 PRS Report as revised by PRS and the Impact Analysis for NPRR467 to TAC with a recommended priority of 2014 and rank of 910. Passed
07/19/2012 PRS To recommend approval of NPRR467 as submitted. Passed

Background

Status: Approved
Date Posted: Jun 11, 2012
Sponsor: Jim Galvin on behalf of the Communications and Settlement Working Group (CSWG)
Urgent: No
Sections: 2.2, 9.12, 9.13, 9.13.1, (new) 9.13.2, (new) 9.13.2.1, (new) 9.13.2.2, (new) 9.12.2.3, (new)
Description: This Nodal Protocol Revision Request (NPRR) provides a resettlement of the Congestion Renewable Right (CRR) Balancing Account (CRRBA) due to any changes in a Day-Ahead Market (DAM) resettlement that impacts the CRRBA amount.
Reason: Resettlements in the DAM from the start of the market are triggered by the "Dead Bus" issue which created changes in the allocation of the CRRBA. Current Protocols do not provide for a resettlement provision for the CRRBA. This NPRR ensures that changes in the CRRBA amounts as changed through DAM resettlements are accurately allocated through resettlement.

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