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NPRR507

Summary

Title: Correction of PTP Obligation Settlement Language Related to NPRR322 and NPRR470
Next Group:
Next Step:
Status: Approved on 01/15/2013
Effective Dates:
02/01/2013

Action

Date Gov Body Action Taken Next Steps
01/15/2013 BOARD Approved
01/03/2013 TAC Recommended for Approval ERCOT Board Consideration
12/13/2012 PRS Recommended for Approval TAC consideration of NPRR507

Voting Record

Date Gov Body Motion Result
01/15/2013 BOARD To approve NPRR507 as recommended by TAC in the 1/3/13 TAC Report Passed
01/03/2013 TAC To recommend approval of NPRR507 as recommended by PRS in the 12/13/12 PRS Report. Passed
12/13/2012 PRS To recommend approval of NPRR507 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: Dec 6, 2012
Sponsor: ERCOT
Urgent: Yes
Sections: 4.6.3
Description: This Nodal Protocol Revision Request (NPRR) corrects the formula for the "Real-Time PTP Obligation with Links to an Option per QSE per pair of source and sink" variable (RTOBLLO q, (j, k)), which affects the charge to Qualified Scheduling Entities (QSEs) for cleared Point-to-Point (PTP) Obligation bids with Links to an Option.
Reason: This NPRR is needed to correct a discrepancy between the Settlement of PTP Obligation bids with Links to an Option and the related formulas as written in the Protocols.

Key Documents

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