NPRR1289  Option Price Report and Establish 1 MW Bid Minimum

This Nodal Protocol Revision Request (NPRR) provides an option pricing report that will be posted on the ERCOT website following each auction. The option pricing report will contain shadow prices for all biddable source-sink paths for each month within each time-of-use for the Congestion Revenue Rights (CRR) auction period after auction results are posted. Additionally, this NPRR establishes a minimum CRR bid quantity of 1.0 MW. Bid quantities in 0.1 MW increments are still allowed above the 1.0 MW minimum. Currently, the CRR application accepts bid quantities as small as 0.1 MW. The minimum CRR offer quantity will remain 0.1 MW.