NOTICE DATE: April 3, 2024
NOTICE TYPE: M-D022824-02 CRR
SHORT DESCRIPTION: Delayed posting of 2026.2nd6.AnnualAuction.Seq6 CRR Auction results and CRR Auction Invoices
INTENDED AUDIENCE: CRR Account Holders, Counter-Parties and CRRAH settlement personnel
DAY AFFECTED: April 4, 2024
LONG DESCRIPTION: Posting of the results for the 2026.2nd6.AnnualAuction.Seq6 Congestion Revenue Right (CRR) Auction, currently scheduled on April 4, 2024, will be delayed. The CRR Auction system is experiencing longer than normal execution times. ERCOT is working closely with the vendor to determine a root cause.
Although there is still uncertainty at this time, ERCOT estimates the auction results may be posted on Monday, April 8, 2024, pending completion of the auction. If the auction results are posted on Monday, April 8, 2024, credit release and invoicing will occur according to the modified schedule below.
Potential key dates if auction results are posted on April 8:
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Post auction results and release credit
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4/8/2024
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Post invoices
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4/9/2024
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Invoice payments due
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4/12/2024
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Invoice payouts and CRR Ownership Assigned
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4/15/2024
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A follow-up Market Notice will be sent to confirm the dates above.
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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