NOTICE DATE: October 22, 20234
NOTICE TYPE: M-B101624-02 Operations
SHORT DESCRIPTION: Board-Approved Price Correction – Real-Time Market (RTM) Resettlement for Operating Days (ODs) August 9 and 10, 2024
INTENDED AUDIENCE: QSE and CRRAH Settlement Personnel
DAYS AFFECTED: August 9, 2024 and August 10, 2024
LONG DESCRIPTION: On October 10, 2024, the ERCOT Board of Directors (ERCOT Board) directed ERCOT to implement the appropriate price corrections for two separate events that impacted the RTM. The first event was regarding incorrect Resource data being used for Security-Constrained Economic Dispatch (SCED) and necessitates the issuance of RTM Resettlement Statements for ODs August 9 and August 10, 2024.
The RTM Resettlement Statements for ODs August 9 and August 10, 2024 will post today. Further details are included in the table below:
Operating Day
|
August 9, 2024
|
August 10, 2024
|
Reason for Resettlement
|
ERCOT Board-Approved RTM Price Correction
|
Affected Settlement Charge Types
|
BLTRAMT, BPDAMT, EMREAMT, LABPDAMT, LAEMREAMT, LARTRNAMT, RTCCAMT, RTDCIMPAMT, RTEIAMT, RTESOGAMT, RTOBLAMT, RTOBLLOAMT
|
Publication Date of Previous Settlement Statement
|
October 3, 2024
|
October 4, 2024
|
Publication Date of Resettlement Statement
|
October 22, 2024
|
October 22, 2024
|
Invoice Date of Resettlement Statement
|
October 22, 2024
|
October 22, 2024
|
Resettled Charge Types
|
August 9, 2024 Resettlement Amount
|
August 10, 2024 Resettlement Amount
|
Payment for a Block Load Transfer Point (BLTRAMT)
|
$11.55
|
$57.25
|
Base Point Deviation Charge for Over Generation (BPDAMT)
|
$(2.71)
|
$(13.71)
|
Payment for Emergency Power Increase Amount (EMREAMT)
|
$(22,260.60)
|
$(121,716.07)
|
Payment for Base Point Deviation (LABPDAMT)
|
$2.94
|
$13.93
|
Charge for Emergency Power Increase Amount (LAEMREAMT)
|
$22,260.53
|
$121,715.74
|
Revenue Neutrality Allocation (LARTRNAMT)
|
$(7,110.20)
|
$(2,760.74)
|
Congestion Payment or Charge for Self-Schedules (RTCCAMT)
|
$(8.85)
|
$(4.91)
|
Payment for Energy Imbalance for a DC Tie Import (RTDCIMPAMT)
|
$1,117.20
|
$355.76
|
Payment or Charge for Energy Imbalance at a Resource Node (RTEIAMT)
|
$3,632.96
|
$(234.33)
|
Energy for SODG and SOTG Site Amount (RTESOGAMT)
|
$102.98
|
$882.38
|
Payments and Charges for PTP Obl (RTOBLAMT)
|
$2,143.29
|
$1,541.22
|
Obligation with Links to an Option (RTOBLLOAMT)
|
$111.03
|
$162.51
|
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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