MIS LOG IN

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

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: 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

Related Content