NOTICE DATE: May 14, 2025
NOTICE TYPE: M-A050625-06 Settlements
SHORT DESCRIPTION: Board-Approved Price Correction (incorrect Resource telemetry) – Real-Time Market (RTM) Resettlement for Operating Days (ODs) August 23, 2024, and August 24, 2024
INTENDED AUDIENCE: QSE settlement personnel
DAYS AFFECTED: August 23, 2024, and August 24, 2024
LONG DESCRIPTION: On April 7, 2025, the ERCOT Board of Directors (Board) directed ERCOT to implement appropriate price corrections for the Real-Time Market for certain Operating Days between August 12, 2024, and September 11, 2024, for an event that involved the usage of incorrect Resource telemetered megawatt (MW) values. See Market Notice M-A091124-02.
The RTM Resettlement statements for ODs August 23, 2024, and August 24, 2024, will post today. Further details are included in the table below:
|
Operating Day
|
August 23, 2024
|
August 24, 2024
|
|
Reason for Resettlement
|
Board-approved Price Corrections
|
|
Affected Settlement Charge Types
|
BLTRAMT, BPDAMT, EMREAMT, LABPDAMT, LAEMREAMT, LARTRNAMT, RTCCAMT, RTDCIMPAMT, RTEIAMT, RTESOGAMT, RTOBLAMT, RTOBLLOAMT
|
|
Publication Date of Previous Settlement Statement
|
February 19, 2025
|
February 20, 2025
|
|
Publication Date of Resettlement Statement and Invoice Date of Resettlement Statement
|
May 14, 2025
|
May 14, 2025
|
|
Resettled Charge Types
|
August 23, 2024
Resettlement Amount
|
August 24, 2024
Resettlement Amount
|
|
Payment for a Block Load Transfer (BLTRAMT)
|
$802.61
|
($20.86)
|
|
Base Point Deviation Charge Amount (BPDAMT)
|
($95.69)
|
($9.87)
|
|
Payment for Emergency Power Increase Amount (EMREAMT)
|
($67,209.26)
|
($76,816.87)
|
|
Base Point Deviation Payment Amount (LABPDAMT)
|
$95.69
|
$10.04
|
|
Charge for Emergency Power Increase Amount (LAEMREAMT)
|
$67,209.04
|
$76,816.19
|
|
Revenue Neutrality Allocation (LARTRNAMT)
|
($199,371.80)
|
($9,517.42)
|
|
Congestion Payment or Charge for Self-Schedules (RTCCAMT)
|
$5,896.97
|
($488.93)
|
|
Payment for Energy Imbalance for a DC Tie Import (RTDCIMPAMT)
|
($3,768.37)
|
$93.78
|
|
Payment or Charge for Energy Imbalance (RTEIAMT)
|
($1,293,295.44)
|
$38,583.05
|
|
Energy for SODG and SOTG Site Amount (RTESOGAMT)
|
$706.90
|
$106.98
|
|
Payments and Charges for PTP Obl (RTOBLAMT)
|
$1,467,602.98
|
($31,409.09)
|
|
Obligation with Links to an Option (RTOBLLOAMT)
|
$21,426.01
|
$2,651.76
|
ADDITIONAL INFORMATION: For more information regarding these price corrections, please review previous Market Notices.
CONTACT: If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via email at ClientServices@ercot.com.
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