NPRR #147 · Revision Request

NPRR147 DAM Short Pay Changes

Withdrawn sponsor Clayton Greer on behalf of the Wholesale Market Subcommittee (WMS) posted 2008-08-13 next action Language Consideration ercot.com

ReasonAllocation to the DAM of short pays is ineffective due to the voluntary nature of the DAM. This NPRR will prevent the potential collapse of the DAM should a large default event occur with CRRs or the DAM.

Created2008-08-21

Sections Affected

7.5.77.67.9.3.59.4.39.109.12 and 9.13

Summary

This Nodal Protocol Revision Request (NPRR) changes the way short pays to the Day-Ahead Market (DAM) are handled. This NPRR reallocates short payments using a procedure that draws from the Congestion Revenue Right (CRR) Auction revenue account first and then draws any additional shortfalls from the CRR Balancing Account.

Timeline

Aug 13 '08
PRSFiled by Clayton Greer on behalf of the Wholesale Market Subcommittee (WMS)
- 147NPRR-01 DAM Short Pay Changes 081308 Aug 13 '08 · Revision Request
Aug 21 '08
PRS PRS Meeting
PRSReferred Referred → TPTF
“To refer NPRR147 to the Transition Plan Task Force (TPTF).” — Passed

→ PRS language consideration
Aug 25 '08
TPTF TPTF Meeting
- 147NPRR-02 PRS Action Report 082108 Aug 25 '08 · Committee Report
Sep 24 '08
PRS PRS Meeting
PRSReferred Referred → WMS
“To refer NPRR147 to the Wholesale Market Subcommittee (WMS) to consider Reliant Energy’s comments to TPTF as well as subsequent comments made to NPRR147.” — Passed

→ WMS review of NPRR147
Oct 22 '08
WMS WMS Meeting
- 147NPRR-03 PRS Action Report 092408 Sep 29 '08 · Committee Report
- 147NPRR-04 Reliant Energy Comments 102108 Oct 21 '08 · Revision Request Comments
- 147NPRR-05 CPS Energy Comments 102208 Oct 22 '08 · Revision Request Comments
Oct 23 '08
PRS PRS Meeting
PRSDeferred/Tabled Tabled
“To table NPRR147.” — Passed

→ PRS language consideration
- 147NPRR-06 WMS Comments 102308 Oct 23 '08 · Revision Request Comments
Nov 20 '08
PRS PRS Meeting
PRSReferred Referred → WMS Referred → CREDIT WG
“To refer NPRR147 to WMS and the Credit Work Group (Credit WG).” — Passed

→ WMS and Credit WG consideration of NPRR147
- 147NPRR-07 PRS Action Report 102308 Oct 27 '08 · Committee Report
- 147NPRR-08 CPS Energy Comments 112008 Nov 20 '08 · Revision Request Comments
Jan 12 '09
CREDITWG Credit Work Group Meeting
- 147NPRR-09 PRS Action Report 112008 Nov 24 '08 · Committee Report
Jan 28 '09
Listed without action at 19 meetings (Jan 28 '09 – Jul 22 '10)
- WMS Meeting Jan 28 '09
- WMS Meeting Feb 18 '09
- PRS Meeting Feb 19 '09
- TPTF Meeting Feb 23 '09
- WMS Meeting Mar 18 '09
- Market Credit Working Group Conference Call Apr 13 '09
- WMS Meeting Apr 20 '09
- Market Credit Working Group Conference Call May 15 '09
- WMS Meeting May 18 '09
- TAC Meeting Jun 4 '09
- WMS Meeting Jun 17 '09
- WMS Meeting Jul 22 '09
- PRS Meeting Jul 23 '09
- WMS Meeting Aug 19 '09
- WMS Meeting Sep 16 '09
- WMS Meeting Oct 21 '09
- WMS Meeting Nov 18 '09
- WMS Meeting Jul 21 '10
- PRS Meeting Jul 22 '10
Jul 27 '10
Email Vote / Unlisted Meeting
Withdrawn
- 147NPRR-10 Request for Withdrawal 072710 Jul 27 '10 · Committee Report
Aug 19 '10
Listed without action at 1 meeting
- PRS Meeting Aug 19 '10