NOTICE_SETTLEMENTS Archives

Notice_Settlements

NOTICE_SETTLEMENTS@LISTS.ERCOT.COM
Options: Use Forum View

Use Monospaced Font
Show HTML Part by Default
Show All Mail Headers

Message: [<< First] [< Prev] [Next >] [Last >>]
Topic: [<< First] [< Prev] [Next >] [Last >>]
Author: [<< First] [< Prev] [Next >] [Last >>]

Print Reply
Subject:
M-A120814-02 Reminder - Two Settlement Points to be retired from Network Operations Model
From:
ERCOT Client Services <[log in to unmask]>
Date:
Mon, 5 Jan 2015 19:50:48 +0000
Content-Type:
multipart/alternative
Parts/Attachments:
text/plain (2127 bytes) , text/html (6 kB) 
NOTICE DATE:  December 8, 2014
NOTICE TYPE:  M-A120814-02 Operations
SHORT DESCRIPTION:  Reminder - Two Settlement Points to be retired from Network Operations Model
INTENDED AUDIENCE:  ERCOT Market Participants
DAY AFFECTED:  January 7, 2015

LONG DESCRIPTION:  The Settlement Points LEON_LCP3G3 and FER_FERGUSG1 will be retired with the January 7, 2015, Network Operations Model load. These two Settlement Points were non-biddable in the January 2015 CRR Auction. Likewise, the Day-Ahead Market (DAM) will exclude bids and offers at these Settlement Points when they are effectively removed from the model.

The DAM does not have the capability to reject offers and bids submitted on a future Network Operations Model. Therefore, ERCOT will manually remove any bids and offers on LEON_LCP3G3 and FER_FERGUSG1 prior to the DAM execution at 10:00 on January 6, 2015, for Operating Days January 7, 2015, and beyond. This will prevent DAM awards on points that will not exist in the Real-Time Market on and after January 7, 2015.

Similarly, Market Participants should NOT submit trades that include the LEON_LCP3G3 and/or FER_FERGUSG1 Settlement Points for Operating Days January 7, 2015, and beyond. ERCOT will manually remove any confirmed trades that include these points prior to the execution of Settlements.

The model load is scheduled to be completed around 00:01 on January 7, 2015. Once the model load is complete, all market submissions will be validated against the data within the loaded model, which will not include LEON_LCP3G3 and FER_FERGUSG1. From that point on, the Market Management System will automatically reject any submissions on these points.
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]<mailto:[log in to unmask]>.
If you are receiving email from an ERCOT distribution list that you no longer wish to receive, please follow this link in order to unsubscribe from this list: http://lists.ercot.com.




mm

ATOM RSS1 RSS2