NPRR #911 · Revision Request
NPRR911 Improved Calculation of Real-Time LMPs at Logical Resource Nodes for On-Line Combined Cycle Generation Resources
ReasonMarket efficiencies or enhancements
Created2018-12-13
Approved2019-02-12
Sections Affected
6.6.1.1
Summary
This Nodal Protocol Revision Request (NPRR) follows NPRR890, Correction to Calculation of Real-Time LMPs at Logical Resource Node for On-Line Combined Cycle Generation Resources. The intent of NPRR890 was to align Protocol language with ERCOT’s systems. The current Protocol language calculates the Locational Marginal Price (LMP) for a Combined Cycle Generation Resource (“CCGR”) using a weighted average of the Shift Factors for each Generation Resource in the On-Line CCGR using the Real-Time telemetered outputs of the Generation Resources to calculate the weight factor. This language reverts the applicable Protocol sections back to previous language for determining Real-Time LMPs of the logical Resource Nodes for On-Line CCGRs. Reverting the Protocol language back results in those CCGR LMPs being based on a weighted average of LMPs at the Resource Node for each of the Generation Resources in the On-Line CCGRs, using the Real-Time telemetered outputs of the Generation Resources to calculate the weight factor. This NPRR also retains the language from NPRR890 that clarifies the formula for Off-Line CCGRs.
Timeline
- Nov 28 '18
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Dec 13 '18
PRS PRS MeetingPRSRecommended for Approval Recommended for approval“To recommend approval of NPRR911 as submitted” — Passed→ PRS for Impact Analysis review
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Jan 17 '19
PRS PRS MeetingPRSRecommended for Approval Recommended for approval Forwarded → TAC priority 2019 · rank 2660“To endorse and forward to TAC the 12/13/18 PRS Report and Impact Analysis for NPRR911 with a recommended priority of 2019 and rank of 2660” — Passed→ TAC for consideration
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Jan 30 '19
TAC TAC MeetingTACRecommended for Approval Recommended for approval“To recommend approval of NPRR911 as recommended by PRS in the 1/17/19 PRS Report” — Passed→ Board for consideration
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Feb 12 '19
BOARD Board of Directors MeetingBOARDApproved Recommended for approval“To approve NPRR911 as recommended by TAC in the 1/30/19 TAC Report” — Passed
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Posted since the last meeting