Notice_CRR@lists.ercot.com
5/2/25, 4:10 PM
M-C050225-01 CRR Account Holders and Counter-Parties
NOTICE DATE: May 2, 2025
NOTICE TYPE: M-C050225-01 CRR
SHORT DESCRIPTION: 2025.JUN.Monthly.Auction
INTENDED AUDIENCE: CRR Account Holders and Counter-Parties
DAYS AFFECTED: May 2 – May 23, 2025
LONG DESCRIPTION: The tables below contain key dates and parameters for the following Congestion Revenue Right (CRR) Auction: 2025.JUN.Monthly.Auction.
|
Important Auction Dates |
|
|
Credit window opens (00:01 CPT) |
5/2/2025 |
|
Post path specific adders report |
5/8/2025 |
|
Bid window opens (00:01 CPT) |
5/13/2025 |
|
Bid and credit windows close (17:00 CPT) |
5/15/2025 |
|
Post auction results and release credit |
5/22/2025 |
|
Post invoices |
5/23/2025 |
|
General Auction Parameters |
|
|
Auction capacity % |
90 |
|
Per account holder transaction limit |
10,000 |
|
Preliminary transaction adjustment period limit (per account holder) |
960 |
|
Total transaction limit |
475,000 |
|
Bid and offer submittal increments |
.1 MW |
|
Minimum option bid price |
$0.01 |
|
CRR application currently supports |
Google Chrome and Microsoft Edge |
|
Specifications for the equipment and interfaces necessary to participate in CRR auctions |
|
Nodal Protocol Revision Request (NPRR) 1261 Operational Flexibility for CRR Auction Transaction Limits has been approved and became effective April 1, 2025. Accordingly, the auction transaction limits table below will be provided with each CRR auction notice and it contains the transaction limits that will be effective for each auction type beginning with the 2025.2nd6.AnnualAuction.Seq1. The values in the transaction limits table are subject to change based on operational needs and changes will be previewed at Congestion Management Work Group meetings.
|
Auction Type |
Total Transaction Limit |
Per-TOU Limit |
Per-CRRAH Limit |
|
Monthly |
475,000 |
N/A |
10,000 |
|
Seq1 |
525,000 |
200,000 |
3,500 |
|
Seq2 |
525,000 |
200,000 |
3,500 |
|
Seq3 |
475,000 |
170,000 |
3,000 |
|
Seq4 |
400,000 |
150,000 |
2,800 |
|
Seq5 |
375,000 |
130,000 |
2,750 |
|
Seq6 |
315,000 |
110,000 |
2,500 |
ADDITIONAL INFORMATION: Additional Market Notices will be sent if a transaction adjustment period is needed for this auction or if the auction results are posted on a different date than specified in the table above.
The CRR Activity Calendar is located on the Congestion Revenue Rights page of the ERCOT website.
Information about proxy Settlement Points used in calculating CRR credit exposure can be found in the DAM Proxy Settlement Points list posted on the Credit page of the ERCOT website.
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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