MIS LOG IN

NPRR468

Summary

Title: Alignment of System-Wide Offer Cap and Scarcity Pricing Mechanism Language with PUCT Substantive Rules
Next Group:
Next Step:
Status: Approved on 07/17/2012
Effective Dates:
08/01/2012

Action

Date Gov Body Action Taken Next Steps
07/17/2012 BOARD Approved
06/28/2012 TAC Recommended for Approval ERCOT Board for consideration.
06/21/2012 PRS Recommended for Approval TAC for consideration.

Voting Record

Date Gov Body Motion Result
07/17/2012 BOARD To approve NPRR468 as recommended by TAC in the 6/28/12 TAC Report and the Other Binding Document, "System-Wide Offer Cap and Scarcity Pricing Mechanism" as amended by the 7/11/12 WMS comments. Passed
06/28/2012 TAC To recommend approval of NPRR468 as recommended by PRS in the 6/21/12 PRS Report and as amended by the 6/27/12 ERCOT comments and the Other Binding Document, "System-Wide Offer Cap and Scarcity Pricing Mechanism Methodology", as recommended by PRS in the 6/21/12 PRS Report. Passed
06/21/2012 PRS To recommend approval of NPRR468 and the Other Binding Document as submitted and to forward them 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 13, 2012
Sponsor: ERCOT
Urgent: Yes
Sections: 3.19, 4.4.11, 4.4.11.1, 4.4.11.2 (delete)
Description: This Nodal Protocol Revision Request (NPRR) removes the specifics for determining the SWCAP and operating the scarcity pricing mechanism language from the Protocols. The SWCAP and scarcity pricing mechanism language will be incorporated into the proposed Other Binding Document (OBD), System-Wide Offer Cap and Scarcity Pricing Mechanism Methodology.
Reason: Removing the specifics from the Protocols and inserting into an OBD helps to avoid potential conflicts between the Public Utility Commission of Texas (PUCT) rules and the Protocols, eliminating the need to file an NPRR each time the PUCT rule changes.
Related Content