NOTICE DATE: March 22, 2019
NOTICE TYPE: M-B032219-01 NPRR
SHORT DESCRIPTION: Implementation Details of NPRR847 and VCMRR021
INTENDED AUDIENCE: ERCOT Market Participants
DAY AFFECTED: April 5, 2019
LONG DESCRIPTION: On April 5, 2019, Protocol language related to Nodal Protocol Revision Request (NPRR) 847, Exceptional Fuel Cost Included in the Mitigated Offer Cap, along with Verifiable Cost Manual language
related to Verifiable Cost Manual Revision Request (VCMRR) 021, Related to NPRR847, Exceptional Fuel Cost Included in the Mitigated Offer Cap, will be implemented.
NPRR847 allows Qualified Scheduling Entities (QSEs) to submit weighted average fuel prices in the Mitigated Offer Cap (MOC) for Real-Time mitigation and consolidates the calculation of the MOC into a single
equation for clarification; and VCMRR021 aligns the Verifiable Cost Manual with NPRR847 removing language providing for Make-Whole Payments for exceptional fuel costs (EFC).
ADDITIONAL INFORMATION: Pursuant to Nodal Protocol Section 21.6, Nodal Protocol Revision Implementation, and Verifiable Cost Manual Section 13.6, Verifiable Cost Manual Revision Implementation, ERCOT is required
to provide notice as soon as practicable, but no later than ten days prior to implementation.
NPRR847 and
VCMRR021 and associated documents can be found on the ERCOT website.
Please review the ERCOT website for
previous Market Notices related to this subject.
CONTACT: If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via email
at [log in to unmask].
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