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NPRR537
Summary
| Title | ERS Clearing Price |
|---|---|
| Next Group | |
| Next Step | |
| Status | Rejected on 11/21/2013 |
Action
| Date | Gov Body | Action Taken | Next steps |
|---|---|---|---|
| 11/21/2013 | PRS | Rejected | |
| 06/20/2013 | PRS | Deferred/Tabled | PRS for consideration |
| 05/16/2013 | PRS | Deferred/Tabled | PRS for consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 11/21/2013 | PRS | To reject NPRR537. | Passed |
| 06/20/2013 | PRS | To table NPRR537 until the relevant Other Binding Document is drafted by ERCOT and reviewed by WMS. | Passed |
| 05/16/2013 | PRS | To table NPRR537 and refer the issue to WMS | Passed |
Background
| Status: | Rejected |
|---|---|
| Date Posted: | Apr 19, 2013 |
| Sponsor: | DSWG |
| Urgent: | No |
| Sections: | 3.14.3.1, 6.6.11.1 |
| Description: | This Nodal Protocol Revision Request (NPRR) modifies Section 6.6.11.1 to provide that Emergency Response Service (ERS) offers will be awarded at the market clearing price rather than on a pay-as-bid process. |
| Reason: | A market clearing price mechanism will provide for more efficient market outcomes than pay-as-bid. ERCOT has authority under P.U.C. Subst. R. 25.507(e)(1) to implement a market clearing price mechanism. As stated by the Public Utility Commission of Texas (PUCT) in its order adopting amendments to PUC Subst. R. 25.507, "The concept of establishing a market clearing price mechanism would appear to have the potential for solving some problems that exist in establishing prices for the service, and the commission encourages ERCOT staff to expeditiously explore the feasibility of implementing such a mechanism." |
Key Documents
Apr 22, 2013 - doc - 108 KB
May 9, 2013 - doc - 40 KB
May 21, 2013 - doc - 126.5 KB
Jun 17, 2013 - doc - 106 KB
Jun 19, 2013 - doc - 50.5 KB
Jun 25, 2013 - doc - 130.5 KB
Nov 21, 2013 - doc - 130.5 KB