NOTICE DATE: January 25, 2011
NOTICE TYPE: W-A012111-03 Settlement
SHORT DESCRIPTION: CORRECTION - Notification of correction to Real-Time Market Resettlement for Operating Day December 15, 2010
INTENDED AUDIENCE: QSE Settlement Personnel
DAY AFFECTED: Operating Day December 15, 2010
CORRECTION: The values under the column "Resettled Amount Posted on January 24, 2011 (see Notice W-A012111-01)" in the second table below were incorrectly reported on the previous Notice (W-A012111-02). The correct values have been included in bold.
Note that the Resettlement Statements posted on January 25, 2011, contain the correct values. This correction only relates to the values reported on the Notice.
LONG DESCRIPTION: In addition to updating the Real-Time LMPs and Real-Time Settlement Point Prices (RTSPPs) for interval 00:15 of Operating Day December 15, 2010, the ERCOT Board approval for price correction also directed ERCOT to make whole Market Participants who were not dispatched according to their submitted Energy Offer Curves. This was not included on the January 24, 2011, Resettlement Statement.
ERCOT will resettle the Real-Time Market in Accordance with Protocol Section 9.5.2(2)(c). ERCOT will determine the applicable Generation Resource MW quantity above Energy Offer Curve and apply in accordance with Section 6.6.9.1, Payment for Emergency Power Increase Directed by ERCOT.
Details about the Resettlement Statement are included in the table below:
Affected Operating Day
December 15, 2010, for interval 00:15
Description of reason for Resettlement
Payment for Emergency Power Increase Directed by ERCOT
Publication Date of Previous Settlement Statement
January 24, 2011
Publication Date of Resettlement Statement
January 25, 2011
Invoice Date of Resettlement Statement
February 3, 2011
Details about the affected Charge Types are included in the table below:
Charge Types Affected
Resettled Amount Posted on January 24, 2011 (see Notice W-A012111-01)
Resettled Amount Posted on January 25, 2011
Real-Time Energy Imbalance
$33,113.08
$1,586.83
Real-Time Energy Imbalance for a DC Tie Import
($1,564.73)
$0.00
Real-Time Energy Charge for DC Tie Export
$4,070.33
$0.00
Real-Time Congestion for Self-Schedules
$1,808.65
$0.00
Real-Time PTP Obligations
($3,288.58)
$0.00
Real-Time PTP Options
$3,109.43
$0.00
Real-Time Revenue Neutrality Allocation
($37,248.27)
($1,586.56)
Emergency Power Increase directed by ERCOT
$0.00
($11,323.40)
Charge for Emergency Power Increases
($0.04)
$11,323.35
ERCOT System Administration Charge
$255.00
($0.13)
ERCOT Nodal Implementation Surcharge
$228.46
$0.00
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]>.
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