NOTICE DATE: January 21,
2010
NOTICE TYPE: W-B012010-02
Settlements
SHORT DESCRIPTION:
Revised and updated results of the procurement of EILS for the February –
May 2010 Contract Period
INTENDED AUDIENCE: QSE
Settlement Personnel
DAYS AFFECTED: February 1 – May 31, 2010
LONG DESCRIPTION: ERCOT
has discovered a program code error that resulted in incomplete initial
consideration of Emergency Interruptible Load Service (EILS) bids for the
February 1, 2010, through May 31, 2010, EILS Contract Period. The error caused
some valid bids to fail to populate in the bid stacks initially reviewed by
ERCOT management.
ERCOT management has reviewed the updated complete data and
has revised its procurement decisions for this Contract Period in light of the
updated bid stacks. The revisions resulted in larger EILS capacity procurements
and lower overall average prices paid than originally reported in Market Notice
W-B012010-01. ERCOT has notified the affected Qualified Scheduling Entities
(QSEs) and has provided them with their additional contract materials. The
issue was discovered well in advance of the beginning of the Contract Period,
does not affect the procurement timeline, does not affect any existing or
pending contracts and did not affect procurements in any previous Contract
Periods. The code has been corrected and ERCOT has implemented a new procedure
for manual review of bid submissions for future Contract Periods.
The revised and final procurement results are as follows:
Business Hours 1 HE 0900 through 1300, Monday thru Friday
except ERCOT Holidays; 425 hours |
|
MW Procured or Self Arranged |
350.8 |
Number of EILS Resources |
90 (includes 61 aggregations) |
Projected cost |
$1,157,273.30 |
Average cost per MW per hour |
$7.76 |
Business Hours 2 HE 1400 through 1600, Monday thru Friday
except ERCOT Holidays; 255 hours |
|
MW Procured or Self Arranged |
346.7 |
Number of EILS Resources |
90 (includes 61 aggregations) |
Projected cost |
$685,237.28 |
Average cost per MW per hour |
$7.75 |
Business Hours 3 HE 1700 through 2000, Monday thru Friday
except ERCOT Holidays; 340 hours |
|
MW Procured or Self Arranged |
323.0 |
Number of EILS Resources |
89 (includes 60 aggregations) |
Projected cost |
$920,209.32 |
Average cost per MW per hour |
$8.38 |
Non-Business Hours All other hours; 1,859 hours |
|
MW Procured or Self Arranged |
284.1 |
Number of EILS Resources |
81 (includes 55 aggregations) |
Projected cost |
$3,930,275.49 |
Average cost per MW per hour |
$7.44 |
Total revised projected cost of EILS for this Contract
Period, including projected credits for EILS Self-Provision, is
$6,692,995.39.
CONTACT: If you have
specific questions about the EILS program, please send an email to [log in to unmask]. If you have any other
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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are receiving email from an ERCOT distribution list that you no longer wish to
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dh