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NPRR916

Summary

Title: Mitigated Offer Floor Revisions
Next Group:
Next Step:
Status: Approved on 04/09/2019
Effective Dates:
04/10/2019

Phase I: Language that is not grey-boxed

05/31/2019

All remaining sections

Action

Date Gov Body Action Taken Next Steps
04/09/2019 BOARD Approved
03/27/2019 TAC Recommended for Approval Revision Request Consideration
02/14/2019 PRS Recommended for Approval Revision Request Consideration
01/17/2019 PRS Recommended for Approval Impact Analysis Consideration

Voting Record

Date Gov Body Motion Result
04/09/2019 BOARD to approve NPRR916 as recommended by TAC in the 3/27/19 TAC Report, as amended by the 4/4/19 ERCOT comments, with an effective date of upon system implementation for the grey-boxed language and April 10, 2019 for the remaining language Passed
03/27/2019 TAC to recommend approval of NPRR916 as recommended by PRS in the 2/14/19 PRS Report Passed
02/14/2019 PRS to endorse and forward to TAC the 1/17/19 PRS Report and Impact Analysis for NPRR916 Passed
01/17/2019 PRS to recommend approval of NPRR916 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: Dec 27, 2018
Sponsor: ERCOT
Urgent: No
Sections: 4.4.9.4.2
Description: This Nodal Protocol Revision Request (NPRR) sets the Mitigated Offer Floor for the “Combined Cycle” and “Gas/Oil Steam and Combustion Turbine” Resource Categories to $0/MWh, rather than a Fuel Index Price (FIP)-based calculation. This proposed language obviates grey-boxed language from NPRR664, Fuel Index Price for Resource Definition and Real-Time Make-Whole Payments for Exceptional Fuel Cost Events. As a result, the grey-boxed language from NPRR664 is deleted in Section 4.4.9.4.2.
Reason: Addresses current operational issues; Market efficiencies or enhancements

Key Documents

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