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PRR659

Summary

Title Reporting of ERCOT Replacement Reserve Service Procurements
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Next Step
Status Approved on 05/16/2006

Action

Date Gov Body Action Taken Next steps
05/16/2006 BOARD Approved
05/12/2006 TAC Recommended for Approval
05/09/2006 PRS Recommended for Approval Email Vote for Recommended Priority
05/04/2006 TAC Recommended for Approval IA review and project prioritization
04/21/2006 PRS Recommended for Approval Language review

Voting Record

Date Gov Body Motion Result
05/16/2006 BOARD Approve PRR659 as recommended by TAC Passed
05/12/2006 TAC 5/12 TAC Email Vote - Recommend a 1.1 priority and 20.5 rank for PRR659. Passed
05/09/2006 PRS Recommend a 1.1 priority and 20.5 rank. Passed
05/04/2006 TAC Recommend approval of PRR659 as revised by TAC and send to PRS for prioritization and rank assignment Passed
04/21/2006 PRS Recommend approval of PRR659 as revised by PRS Passed

Background

Status: Approved
Date Posted: Apr 3, 2006
Sponsor: TXU Wholesale
Urgent: Yes
Sections: 1.3.1.1, 6.10.11
Description: This PRR requires reporting on the classification and amounts of ERCOT™s procured Replacement Reserve Service (RPRS), as well as a comparison of actual procurements of RPRS for system capacity to a theoretical amount of RPRS procurement for system capacity
Reason: ERCOT implemented the RPRS market engine on 3/21/06 to manage Local and Zonal Congestion, as well as for system insufficiencies. As a result, Market Participants will need to be able to review the types and amounts of ERCOT RPRS procurements in order to improve market transparency and for a better understanding on the timing and need for RPRS. This PRR provides for disclosure of information on each unit receiving an RPRS deployment for Local Congestion, the amount of RPRS deployed (in MW) and intervals in which the deployment was received, and the associated transmission studies performed by ERCOT showing the binding constraint. The disclosure concerning RPRS for Local Congestion requested in this PRR is similar to the Board approved PRR 515 (Disclosure of Local Congestion). In addition, this PRR requires ERCOT to compare its RPRS procurements for system capacity to a theoretical amount of RPRS procurements for system capacity. This comparison will allow Market Participants and ERCOT to assess the accuracy of ERCOT™s day-ahead load forecast and its impact on RPRS deployments and costs

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