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PRR802

Summary

Title TCR Transition to CRR Refund Revision
Next Group
Next Step
Status Approved on 06/16/2009

Action

Date Gov Body Action Taken Next steps
06/16/2009 BOARD Approved
05/07/2009 TAC Recommended for Approval Board consideration
04/23/2009 PRS Recommended for Approval TAC consideration
03/19/2009 PRS Recommended for Approval PRS consider the Recommendation Report and Impact Analysis

Voting Record

Date Gov Body Motion Result
06/16/2009 BOARD To approve PRR802 as recommended by TAC. Passed
05/07/2009 TAC To recommend approval of PRR802 as recommended by PRS Passed
04/23/2009 PRS To endorse and forward the PRS Recommendation Report and Impact Analysis for PRR802 to TAC. Passed
03/19/2009 PRS To recommend approval of PRR802 as submitted. Passed

Background

Status: Approved
Date Posted: Feb 19, 2009
Sponsor: Mandy Bauld / Steve Reedy
Urgent: No
Sections: 7.5.10, Transition of Transmission Congestion Rights to Congestion Revenue Rights
Description: This Protocol Revision Request (PRR) revises Section 7.5.10 methodology, providing flexibility in the event monthly Transmission Congestion Rights (TCR) are awarded and require refund for the subsequent month after Nodal Go-Live.
Reason: When the TCR-Congestion Revenue Right (CRR) Transition Plan was presented to the Transition Plan Task Force (TPTF), there was concern that it may be necessary to conduct a monthly TCR Auction for the month following the planned Nodal Go-Live in case Nodal Go-Live is unsuccessful and/or delayed. Therefore, this PRR provides for a refund of monthly TCRs awarded for any month following the Nodal Go-Live.

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