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NPRR579

Summary

Title: Amendment to the Minimum PTP Option Bid Price Approval Timeline
Next Group:
Next Step:
Status: Approved on 12/10/2013
Effective Dates:
01/01/2014

Action

Date Gov Body Action Taken Next Steps
12/10/2013 BOARD Approved
12/03/2013 TAC Recommended for Approval ERCOT Board consideration of NPRR579
11/21/2013 PRS Recommended for Approval TAC consideration of NPRR579

Voting Record

Date Gov Body Motion Result
12/10/2013 BOARD To approve NPRR579 as recommended by TAC in the 12/3/13 TAC Report. Passed
12/03/2013 TAC To recommend approval of NPRR579 as recommended by PRS in the 11/21/13 PRS Report. Passed
11/21/2013 PRS To recommend approval of NPRR579 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: Nov 6, 2013
Sponsor: ERCOT
Urgent: Yes
Sections: 7.7.1
Description: This Nodal Protocol Revision Request (NPRR) amends the timing of the review of the Minimum Point-to-Point (PTP) Option Bid Price by TAC and the ERCOT Board. The current language specifically indicates that action should be taken each year during the month of January. The revision removes the reference to a specific month and states that the process should instead occur "at least annually." The language is also changed to only require annual review by TAC. The ERCOT Board would still review the Minimum PTP Option Bid Price when a change is being recommended by TAC through the NPRR process.
Reason: This NPRR will provide additional flexibility to TAC and the ERCOT Board in the development of their meeting calendars.

Key Documents

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