NPRR #344 · Revision Request
NPRR344 Define RMR Fuel Adder
ReasonThis NPRR is submitted to ensure accurate fuel prices are used when calculating Three-Part Supply Offers for the Day-Ahead Market (DAM). When a Resource Entity files an RMR contract, it must provide to ERCOT the estimated fuel adder as part of its Eligible Costs submission. This fuel adder is added to the appropriate index price to establish the Three-Part Supply Offers. If the fuel adder is not accurate, it can skew the Three-Part Supply Offers and impact DAM results. After the DAM has cleared, Resource Entities have the option of filing with ERCOT their actual fuel costs prior to the Final or True-up Settlements.
Created2011-04-21
Approved2011-07-19
Sections Affected
3.14.1.166.6.6.2
Summary
This Nodal Protocol Revision Request (NPRR) defines the term "fuel adder" as reported by Resource Entities when filing Reliability Must-Run (RMR) contracts. The NPRR also clarifies that the fuel adder will be true-up to reflect actual fuel costs incurred.
Timeline
- Apr 1 '11
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Apr 8 '11
Listed without action at 1 meeting
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Apr 21 '11
PRS PRS MeetingPRSRecommended for Approval Recommended for approval“To recommend approval of NPRR344 as submitted.” — Passed→ PRS Impact Analysis review
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May 19 '11
PRS PRS MeetingPRSRecommended for Approval Recommended for approval Forwarded → TAC“To endorse and forward the 4/21/11 PRS Report and Impact Analysis for NPRR344 to TAC. All Market Segments were present for the vote.” — Passed→ TAC consideration of NPRR344
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Jun 2 '11
TAC TAC MeetingTACRecommended for Approval Recommended for approval“To recommend approval of NPRR344 as recommended by PRS in the 5/19/11 PRS Report.” — Passed→ ERCOT Board consideration of NPRR344
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Jul 19 '11
BOARD Board of Directors MeetingBOARDApproved Recommended for approval“To approve NPRR344 as recommended by TAC in the 6/2/11 TAC Report.” — Passed