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OBDRR005
Summary
| Title | Change to the Generic Maximum Shadow Price for Base Case Transmission Constraints |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 06/12/2018 |
| Effective Dates |
06/20/2018
|
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 06/12/2018 | BOARD | Approved | |
| 05/24/2018 | TAC | Recommended for Approval | Revision Request Consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 06/12/2018 | BOARD | To approve OBDRR005 as recommended by TAC in the 5/24/18 TAC Report. | Passed |
| 05/24/2018 | TAC | To recommend approval of OBDRR005 as submitted with a recommended effective date of 6/20/18. | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | May 10, 2018 |
| Sponsor: | ERCOT |
| Urgent: | No |
| Sections: | Methodology for Setting Maximum Shadow Prices for Network and Power Balance Constraints |
| Description: | This Other Binding Document Revision Request (OBDRR) revises the Generic Transmission Constraint (GTC) Shadow Price cap that is used in Security Constrained Economic Dispatch (SCED) for base case constraints from $5,000/MWh to $9,251/MWh. Base case transmission constraints include GTCs. This revision also updates the associated examples in Section 3.5, Generic Values for the Transmission Network System-Wide Shadow Price Caps in SCED, and makes an administrative edit to a Protocol reference. |
| Reason: | Addresses current operational issues; Market efficiencies or enhancements |
Key Documents
005OBDRR-01 Change to the Generic Maximum Shadow Price for Base Case Transmission Constraints 051018
May 10, 2018 - doc - 520 KB
May 10, 2018 - doc - 53.5 KB
May 30, 2018 - doc - 509.5 KB
Jun 15, 2018 - doc - 510.5 KB