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NPRR510

Summary

Title: Discretion in Operating Days in OUT Calculation, Clarification of Source of ACP and Clarification of the Definition of Financial Statements
Next Group:
Next Step:
Status: Approved on 05/14/2013
Effective Dates:
06/01/2013

Action

Date Gov Body Action Taken Next Steps
05/14/2013 BOARD Approved
03/07/2013 TAC Recommended for Approval ERCOT Board for consideration.
02/22/2013 PRS Recommended for Approval TAC for consideration.
01/17/2013 PRS Recommended for Approval PRS for Impact Analysis review.

Voting Record

Date Gov Body Motion Result
05/14/2013 BOARD To approve NPRR510 as recommended by TAC in the 3/7/13 TAC Report. Passed
03/07/2013 TAC To recommend approval of NPRR510 as recommended by PRS in the 2/21/13 PRS Report. Passed
02/22/2013 PRS To to endorse and forward the 1/17/13 PRS Report as amended by the 1/31/13 Credit Work Group comments and the Impact Analysis for NPRR510 to TAC. Passed
01/17/2013 PRS To recommend approval of NPRR510 as amended by the 1/8/13 ERCOT comments. 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 20, 2012
Sponsor: ERCOT
Urgent: No
Sections: 16.11.4.3, 16.11.4.5, 16.11.5
Description: This Nodal Protocol Revision Request (NPRR) clarifies discretion for ERCOT to adjust Operating Days used in the calculation of Outstanding Unpaid Transactions (OUT), consistent with certain other components of Estimated Aggregate Liability (EAL). This NPRR also provides clarification of the appropriate Congestion Revenue Right (CRR) Auction clearing price to be used when there have been multiple auctions for the same period and specifies required financial statements.
Reason: To clarify discretion for ERCOT to exclude non-representative Operating Days in the calculation of OUT, and to clarify the appropriate CRR Auction clearing price and contents of financial statements, which were not previously defined.

Key Documents

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