NPRR #847 · Revision Request
NPRR847 Exceptional Fuel Cost Included in the Mitigated Offer Cap
ReasonAddresses current operational issues; Market efficiencies or enhancements
Created2017-09-14
Approved2018-08-07
Sections Affected
2.12.24.4.9.4.16.6.3.76.6.3.89.5.39.14.7
Summary
This Nodal Protocol Revision Request (NPRR) provides a long-term solution that was requested by Market Participants during the stakeholder review and approval of NPRR664, Fuel Index Price for Resource Definition and Real-Time Make-Whole Payments for Exceptional Fuel Cost Events. In substitution for the NPRR664 language that is removed by this NPRR, ERCOT proposes the following: • Allowing Qualified Scheduling Entities (QSEs) to submit weighted average fuel prices in the Mitigated Offer Cap (MOC) for Real-Time mitigation, and • Consolidation of the calculation of the MOC into a single equation for clarification.
Timeline
- Aug 29 '17
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Sep 14 '17
PRS PRS MeetingPRSDeferred/Tabled Tabled Referred → WMS“To table NPRR847 and refer the issue to WMS.” — Passed→ Language Consideration
- Sep 27 '17
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Oct 9 '17
Listed without action at 7 meetings (Oct 9 '17 – Dec 4 '17)
- Dec 14 '17
- Jan 8 '18
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Jan 10 '18
Listed without action at 2 meetings (Jan 10 '18 – Jan 18 '18)
- Jan 31 '18
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Feb 8 '18
Listed without action at 3 meetings (Feb 8 '18 – Feb 28 '18)
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Mar 8 '18
PRS PRS MeetingPRSRecommended for Approval Recommended for approval Amended by the Jan 30 '18 ERCOT comments“To recommend approval of NPRR847 as amended by the 1/30/18 ERCOT comments.” — Passed→ Impact Analysis Consideration
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Apr 12 '18
PRS PRS MeetingPRSRecommended for Approval Recommended for approval Forwarded → TAC priority 2018 · rank 2210“To endorse and forward to TAC the 3/8/18 PRS Report and Impact Analysis for NPRR847 with a recommended priority of 2018 and a rank of 2210.” — Passed→ Revision Request Consideration
- May 2 '18
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May 24 '18
TAC TAC MeetingTACRecommended for Approval Recommended for approval“To recommend approval of NPRR847 as recommended by PRS in the 4/12/18 PRS Report.” — Passed→ Revision Request Consideration
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Jun 12 '18
BOARD Board of Directors MeetingBOARDRemanded Remanded → TAC“To remand NPRR847 to TAC.” — Passed→ Revision Request Consideration
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Jul 26 '18
TAC TAC MeetingTACRecommended for Approval Recommended for approval Amended by the Jun 21 '18 ERCOT comments“To recommend approval of NPRR847 as recommended by PRS in the 4/12/18 PRS Report as amended by the 6/21/18 ERCOT comments.” — Passed→ Revision Request Consideration
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Aug 7 '18
BOARD Board of Directors MeetingBOARDApproved Approved“To approve NPRR847 as recommended by TAC in the 7/26/18 TAC Report.” — Passed
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Posted since the last meeting