NPRR #27 · Revision Request
NPRR027 Block Offers in CRR Auction
ReasonThe vendor (Nexant) CRR system does not support the flexibility of offering a one-month strip of 7x24 block allocated or awarded in a previous auction as (i) a 7x24 block or (ii) any of the 3 other blocks that make up the 7x24 block. Vendor estimates a cost of $325,000 for adding this flexibility to their system due to required fundamental changes in the following: data interfaces; Market User Interface functionality (new Java based editor, bilateral trading system): Market Operator Interface functionality; Database Subsystem; testing; and documentation.
Created2006-09-21
Approved2006-10-17
Sections Affected
7.37.5.2.1
Summary
Revise how CRRs may be offered in the CRR Auctions. CRRs may be bid in CRR Auctions and may be allocated in any time-of-use block. However, CRR bid awards and allocations for a one-month strip of 7x24 block will be split into one-month strips of the 3 other blocks and may be offered into subsequent CRR Auctions as the 3 separate block offers but not as a single 7x24 block.
Timeline
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Sep 14 '06
PRSFiled by ERCOT Staff
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Sep 21 '06
PRS PRS MeetingPRSRecommended for Approval Recommended for approval“To recommend approval of NPRR027 as submitted.” — Passed→ TAC consideration.
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Oct 6 '06
TAC TAC MeetingTACRecommended for Approval Recommended for approval“To recommend approval of NPRR027 as recommended by PRS.” — Passed→ Board consideration
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Oct 17 '06
BOARD ERCOT Board of Directors MeetingBOARDApproved Approved“To approve as recommended by TAC.” — Passed→ Effective Upon Texas Nodal Market Implementation
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Jun 12 '07
PRS PRS and TPTF: Joint MeetingPRSRecommended for Approval Recommended for approval“To recommend approval of B1G1 Impact Analysis” — Passed→ Review of B1G1 Impact Analysis
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Jun 28 '07
TACEmail Vote / Unlisted MeetingTAC“No Action.”