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NPRR #1081 · Revision Request

NPRR1081  Revisions to Real-Time Reliability Deployment Price Adder to Consider Firm Load Shed

Approved Urgent sponsor ERCOT and IMM posted 2021-06-03 ercot.com
ReasonAddresses current operational issues
Created2021-06-10
Approved2021-06-28
Sections Affected
6.5.7.3.1
Summary
This Nodal Protocol Revision Request (NPRR) modifies the calculation of the Real-Time On-Line Reliability Deployment Price Adder so that the combination of System Lambda, the Real-Time On-Line Reserve Price Adder, and the Real-Time On-Line Reliability Deployment Price Adder will be equal to the Value of Lost Load (VOLL) when ERCOT is directing firm Load shed during Energy Emergency Alert (EEA) Level 3.
Timeline