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NPRR638

Summary

Title: Revisions to Certain Price Components of EAL
Next Group:
Next Step:
Status: Withdrawn

Action

Date Gov Body Action Taken Next Steps
07/17/2014 PRS Deferred/Tabled PRS for consideration.

Voting Record

Date Gov Body Motion Result
07/17/2014 PRS To table NPRR638. 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Status: Withdrawn
Date Posted: Jul 2, 2014
Sponsor: ERCOT
Urgent: No
Sections: 16.11.4.1, 16.11.4.3, 16.11.4.3.1, 16.11.4.3.2
Description: This Nodal Protocol Revision Request (NPRR) revises the Real-Time Liability Extrapolated (RTLE) and Day-Ahead Liability Extrapolated (DALE) factors used in the Counter-Party Estimated Aggregate Liability (EAL) calculations to use Settlement Point specific prices surveyed over historic calendar days both ahead and lagging the current Operating Day. It is requested that TAC provide recommendations for the values for parameters lrq and lrt in Section 16.11.4.3.1, represented by variable X, and parameters ldq and ldt in Section 16.11.4.3.2, represented by variable Y.
Reason: Market efficiencies or enhancements

Key Documents

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