To table NPRR829 and refer the issue to the Credit Work Group (Credit WG) and WMS.
Apr 26, 2017
Enchanted Rock / Electranet QSE I, LLC
188.8.131.52, 6.3.2, 184.108.40.206, 220.127.116.11.2
This Nodal Protocol Revision Request (NPRR) provides a mechanism for a Qualified Scheduling Entity (QSE) with non-modeled generation to inform ERCOT in a timely manner the net generation to the ERCOT grid from their Non-Modeled Generators so that the output can be considered in the estimate of RTL. Absent this NPRR, output from Non-Modeled Generators is not included in estimating the QSE’s RTL, and the QSE is required to post a superfluous amount of collateral.
Currently it is difficult for non-modeled generation to hedge in the Day-Ahead Market (DAM) due to potential superfluous collateral calls during high priced Real-Time Market (RTM) events. Using telemetered data from non-modeled generation will allow ERCOT to more accurately calculate QSE collateral requirements. This NPPR will increase DAM liquidity due to increased participation of non-modeled generation in the DAM. Implementing this NPRR has the potential to allow ERCOT to gain near Real-Time transparency into non-modeled generation which could increase their ability in analyzing Real-Time system conditions. Furthermore, ERCOT will better understand the true position of the QSE by Operating Day and will also better understand their cash flow.