NOTICE DATE: May 10, 2024
NOTICE TYPE: M-B042424-07 Settlements
SHORT DESCRIPTION: Board-Approved Price Correction – CRR Balancing Account Resettlement for January 2024
INTENDED AUDIENCE: QSEs and CRRAHs settlement personnel
DAYS AFFECTED: May 10, 2024
LONG DESCRIPTION: On April 23, 2024, the ERCOT Board of Directors (Board) directed ERCOT to implement the appropriate price corrections for Day-Ahead Settlement Point Prices (DASPPs) and Day-Ahead Market Clearing Prices for Capacity (MCPCs) for certain ODs in the period of January 10, 2024 to January 25, 2024.
In accordance with ERCOT Protocol Section 9.12(2), CRR Balancing Account Invoices, ERCOT will post the Congestion Revenue Right (CRR) Balancing Account (CRRBA) resettlement Invoices today for the month of January 2024 to reflect changes to the CRRBA resulting from the above-referenced Board-approved DAM price corrections. Further details are included in the table below:
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Operating Month
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January 2024
|
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Reason for resettlement
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Board-Approved DAM Price Corrections
|
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Publication Date of previous CRRBA Invoices
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March 27, 2024
|
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Publication Date of CRRBA resettlement Invoices
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May 10, 2024
|
|
Total CRRBA changes due to DAM resettlements (CRRBACR)
|
$(76,801.06)
|
|
Total DACRRS changes due to DAM resettlements (DACRRSAMT)
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$(97,750.55)
|
|
Total Adjustment to CRR Refund Amount (CRRRAMT)
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$97,750.84
|
|
Total Adjustment to Load Allocated Amount (LACRRAMT)
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($20,949.78)
|
ADDITIONAL INFORMATION: The CRRBA resettlement Invoices and corresponding CRRBA extracts can be found on the Market Information System (MIS) under Settlements.
Please review the ERCOT website for previous Market Notices related to this subject.
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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