NPRR #626 · Revision Request

NPRR626 Reliability Deployment Price Adder (formerly "ORDC Price Reversal Mitigation Enhancements")

Approved Urgent sponsor Luminant Energy Company, LLC posted 2014-05-16 ercot.com

ReasonAddresses current operational issues, and Market efficiencies or enhancements

Created2014-06-11

Approved2014-08-12

Sections Affected

2.13.5.2.13.5.2.23.5.2.33.5.2.43.5.2.53.5.2.66.36.3.26.5.7.36.5.7.3.16.5.9.26.6.16.6.1.16.6.1.26.6.3.16.7.4

Summary

Intends to mitigate the price reversal/suppression associated with the deployment of Load Resources and/or other out-of-market reliability deployments that may inappropriately reduce the total Real-Time price in times of scarcity.

Timeline

May 16 '14
PRSFiled by Luminant Energy Company, LLC
- 626NPRR-01 ORDC Price Reversal Mitigation Enhancements 051614 May 16 '14 · Revision Request
May 29 '14
Listed without action at 1 meeting
- TAC Workshop: Review of ORDC Impact and Price Reversal Concerns re ERS/Load acting as Responsive Reserve/RUC May 29 '14
Jun 11 '14
PRS PRS Meeting
PRSRecommended for Approval Recommended for approval Amended by the Jun 10 '14 ERCOT comments Remanded → PRS
“To recommend approval of NPRR626 as amended by the 6/10/14 ERCOT comments and as revised by PRS and to bring the Impact Analysis back to PRS for review.” — Passed

→ PRS for Impact Analysis review
- 626NPRR-02 TAC Comments 053014 May 30 '14 · Revision Request Comments
- 626NPRR-03 Luminant Energy Comments 060514 Jun 5 '14 · Revision Request Comments
- 626NPRR-04 Reliant Energy Comments 060614 Jun 6 '14 · Revision Request Comments
- 626NPRR-05 ERCOT Comments 061014 Jun 10 '14 · Revision Request Comments
- 626NPRR-06 CEI Comments 061014 Jun 10 '14 · Revision Request Comments
Jun 18 '14
CREDITWG Joint CWG/MCWG Meeting
- 626NPRR-07 PRS Report 061114 Jun 16 '14 · Committee Report
Jul 17 '14
PRS PRS Meeting
PRSRecommended for Approval Recommended for approval Forwarded → TAC Amended by the Jul 16 '14 ERCOT comments
“To endorse and forward the 6/11/14 PRS Report as amended by the 7/16/14 ERCOT comments and the Impact Analysis for NPRR626 to TAC.” — Passed

→ TAC for consideration.
- 626NPRR-08 Impact Analysis 070914 Jul 9 '14 · Staff Report
- 626NPRR-09 ERCOT Comments 071614 Jul 16 '14 · Revision Request Comments
Jul 31 '14
TAC TAC Meeting
TACRecommended for Approval Recommended for approval
“To recommend approval of NPRR626 as recommended by PRS in the 7/17/14 PRS Report and as revised by TAC.” — Passed

→ ERCOT Board for consideration
Aug 12 '14
BOARD Board of Directors Meeting
BOARDApproved Recommended for approval
“To approve NPRR626 as recommended by TAC in the 7/31/14 TAC Report.” — Passed
- 626NPRR-10 PRS Report 071714 Aug 6 '14 · Committee Report
- 626NPRR-11 TAC Report 073114 Aug 6 '14 · Committee Report
Aug 28 '14
TAC TAC Meeting
- 626NPRR-12 Board Report 081214 Aug 13 '14 · Committee Report
Jan 15 '15
Listed without action at 2 meetings (Jan 15 '15 – Jan 29 '15)
- PRS Meeting Jan 15 '15
- TAC Meeting Jan 29 '15