NPRR #492 · Revision Request
NPRR492 Addition of System Lambda Information
ReasonSystem Lambda is the missing component needed by Market Participants to accurately calculate and shadow LMP prices.
Created2012-11-15
Approved2013-03-19
Sections Affected
2.14.5.16.3.26.6.1
Summary
This Nodal Protocol Revision Request (NPRR) accounts for the addition of the System Lambda to the Locational Marginal Price (LMP) by Resource Node, Load Zone and Trading Hub report and display; and defines System Lambda within the Protocols and applies the defined term throughout.
Timeline
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Oct 26 '12
PRSFiled by Jackie Ashbaugh on behalf of Market Information System User Group (MISUG)
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Nov 15 '12
PRS Protocol Revision Subcommittee (PRS) MeetingPRSRecommended for Approval Recommended for approval“To recommend approval of NPRR492 as revised by PRS.” — Passed→ PRS for Impact Analysis review.
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Dec 13 '12
PRS Protocol Revision Subcommittee (PRS) MeetingPRSRecommended for Approval Recommended for approval Forwarded → TAC priority 2013 · rank 820“To endorse and forward the 11/15/12 PRS Report and the Impact Analysis for NPRR492 to TAC with a recommended priority of 2013 and rank of 820.” — Passed→ TAC for consideration.
- Jan 3 '13
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Mar 7 '13
TACEmail Vote / Unlisted MeetingTACRecommended for Approval Recommended for approval“To recommend approval of NPRR492 as recommended by PRS in the 12/13/12 PRS Report.” — Passed→ ERCOT Board for consideration
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Mar 19 '13
BOARD Board of Directors MeetingBOARDApproved Approved“To approve NPRR492 as recommended by TAC in the 1/3/13 TAC Report.” — Passed
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Posted since the last meeting