NPRR #714 · Revision Request

NPRR714 Real-Time Make-Whole Payment for Exceptional Fuel Cost

Approved sponsor GDF SUEZ posted 2015-06-30 ercot.com

ReasonAddresses current operational issues. Market efficiencies or enhancements

Created2015-07-16

Approved2015-10-13

Sections Affected

6.6.3.76.6.3.89.5.3

Summary

Nodal Protocol Revision Request (NPRR) 664, Fuel Index Price for Resource Definition and Real-Time Make-Whole Payments for Exceptional Fuel Cost Events, included a Real-Time Make-Whole Payment provision to address exceptional fuel cost events that are not resolved by a change to the Fuel Index Price for Resource (FIPRr). ERCOT implemented a manual process to satisfy the requirements of these sections until May 1, 2015, at which time Sections 6.6.3.7 and 6.6.3.8 were grey boxed pending an automated solution. This NPRR restores the manual process for Real-Time Make-Whole Payments and Charges to address exceptional fuel cost events; and includes revisions that clarify and improve the Settlement calculations for the manual process consistent with the intent of NPRR664.

Timeline

Jun 30 '15
PRSFiled by GDF SUEZ
- 714NPRR-01 Real Time Make Whole Payment for Exceptional Fuel Cost 063015 Jun 30 '15 · Revision Request
Jul 16 '15
PRS PRS Meeting
PRSRecommended for Approval Recommended for approval
“To recommend approval of NPRR714 as submitted.” — Passed

→ Impact Analysis Consideration
Jul 22 '15
CREDITWG CWG/MCWG Meeting
- 714NPRR-02 PRS Report 071615 Jul 20 '15 · Committee Report
Jul 31 '15
Listed without action at 1 meeting
- RCWG Meeting Jul 31 '15
Aug 13 '15
PRS PRS Meeting
PRSDeferred/Tabled Tabled
“To table NPRR714.” — Passed

→ Impact Analysis Consideration
- 714NPRR-03 Impact Analysis 080615 Aug 6 '15 · Staff Report
Aug 18 '15
RCWG RCWG Meeting
- 714NPRR-04 PRS Report 081315 Aug 17 '15 · Committee Report
Sep 10 '15
PRS PRS Meeting
PRSRecommended for Approval Recommended for approval Forwarded → TAC priority 2015 · rank 1370
“To endorse and forward to TAC the 8/13/15 PRS Report and Impact Analysis (Option 2) for NPRR714 with an effective date of November 1, 2015 (manual) and a recommended priority of 2015 and a rank of 1370 (partial automation).” — Passed

→ Revision Request Consideration
Sep 24 '15
TAC TAC Meeting
TACRecommended for Approval Recommended for approval
“To recommend approval of NPRR714 as recommended by PRS in the 9/10/15 PRS Report with a sunset date of 6/1/17.” — Passed

→ Revision Request Consideration
- 714NPRR-05 PRS Report 091015 Sep 14 '15 · Committee Report
- 714NPRR-06 Revised Impact Analysis 091715 Sep 17 '15 · Staff Report
Oct 7 '15
WMS WMS Meeting
- 714NPRR-07 TAC Report 092415 Sep 28 '15 · Committee Report
- 714NPRR-08 Roll Call Vote 092415 Oct 1 '15 · Revision Request Ballot
Oct 13 '15
BOARD Board of Directors Meeting
BOARDApproved Approved
“To approve NPRR714 as recommended by TAC in the 9/24/15 TAC Report.” — Passed
Oct 29 '15
TAC TAC Meeting
- 714NPRR-09 Board Report 101315 Oct 14 '15 · Committee Report
Jan 12 '16
Listed without action at 6 meetings (Jan 12 '16 – Jul 26 '17)
- RCWG Meeting Jan 12 '16
- RCWG Meeting Feb 24 '16
- RCWG Meeting Jun 23 '16
- RCWG Meeting Jan 25 '17
- RCWG Meeting Mar 22 '17
- RCWG Meeting Jul 26 '17