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NPRR630
Summary
| Title | As-Built Clarifications to Settlements of ORDC |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 08/12/2014 |
| Effective Dates |
09/01/2014
|
Action
| Date | Gov Body | Action Taken | Next steps |
|---|---|---|---|
| 08/12/2014 | BOARD | Approved | |
| 07/31/2014 | TAC | Recommended for Approval | ERCOT Board for consideration |
| 07/17/2014 | PRS | Recommended for Approval | TAC for consideration. |
| 06/11/2014 | PRS | Recommended for Approval | PRS for Impact Analysis review |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 08/12/2014 | BOARD | To approve NPRR630 as recommended by TAC in the 7/31/14 TAC Report. | Passed |
| 07/31/2014 | TAC | To recommend approval of NPRR630 as recommended by PRS in the 7/17/14 PRS Report. | Passed |
| 07/17/2014 | PRS | To endorse and forward the 6/11/14 PRS Report and the Impact Analysis for NPRR630 to TAC. | Passed |
| 06/11/2014 | PRS | To recommend approval of NPRR630 as submitted. | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | May 27, 2014 |
| Sponsor: | ERCOT |
| Urgent: | No |
| Sections: | 6.5.7.3, 6.7.4, 9.5.3 |
| Description: | This Nodal Protocol Revision Request (NPRR) defines the System-Wide Discount Factor and clarifies the role of this factor in the formulas used in the Settlements of the Operating Reserve Demand Curve (ORDC). This NPRR also corrects an error in the formula for calculating the Real-Time Ancillary Service Imbalance Amount in Section 6.7.4. ERCOT notes that these Settlement formulas were not available prior to the design and implementation of ORDC Settlements and therefore were not included in NPRR 568, which created the ORDC. The revised formulas, which have been vetted by the Communications and Settlements Working Group (CSWG) and discussed with participants in ORDC training, will provide additional clarity needed for Market Participants to effectively shadow ORDC Settlement calculations. |
| Reason: | Provides clarity to Settlements language and the formulas that were implemented for ORDC. |
Key Documents
May 27, 2014 - doc - 320.5 KB
May 27, 2014 - doc - 55 KB
Jun 13, 2014 - doc - 230.5 KB
Jul 22, 2014 - doc - 245 KB
Aug 1, 2014 - doc - 247.5 KB
Aug 13, 2014 - doc - 248.5 KB