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NPRR580

Summary

Title Establishment of a Rolling CRR Balancing Account Fund
Next Group
Next Step
Status Approved on 02/11/2014
Effective Dates
01/01/2015

Action

Date Gov Body Action Taken Next steps
02/11/2014 BOARD Approved
02/27/2014 TAC Recommended for Approval ERCOT Board for consideration.
12/19/2013 PRS Recommended for Approval TAC for consideration.
11/21/2013 PRS Recommended for Approval PRS for Impact Analysis review.

Voting Record

Date Gov Body Motion Result
02/11/2014 BOARD To approve NPRR580 as recommended by TAC in the 1/28/14 TAC Report. Passed
02/27/2014 TAC To recommend approval of NPRR580 as recommended by PRS in the 12/19/13 PRS Report. Passed
12/19/2013 PRS To endorse and forward the 11/21/13 PRS Report and Impact Analysis for NPRR580 to TAC with a recommended priority of 2014 and rank of 1060 and recommend that NPRR580 be included in the Settlements System Upgrade project. Passed
11/21/2013 PRS To recommend approval of NPRR580 as revised by PRS with a $10 million CRR Balancing Account Fund cap. Passed

Background

Status: Approved
Date Posted: Nov 6, 2013
Sponsor: ERCOT
Urgent: No
Sections: 7.9.3.4, 7.9.3.5, 7.9.3.6 (new)
Description: This Nodal Protocol Revision Request (NPRR) establishes a rolling Balancing Account Fund.
Reason: These changes allow for months that have excess Congestion Rent funds (Congestion Revenue Rights (CRR) Balancing Account credits) to refund CRR shortfalls in subsequent months. The CRR Balancing Account Fund level in paragraph (1) of Section 7.9.3.5, CRR Balancing Account Closure, will be determined through the stakeholder process prior to approval of the NPRR.

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