NOTICE DATE:  February 20, 2014
NOTICE TYPE:  M-A022014-01 Extracts
SHORT DESCRIPTION:  7-day Event Trigger Posting when LMP exceeds 50xFIP reports removed from MIS due to erroneous disclosure
INTENDED AUDIENCE:  ERCOT Market Participants
DAY AFFECTED:  December 11, 2013 to present
LONG DESCRIPTION:  Nodal Protocol Revision Request (NPRR) 476, Market Submitted Energy Offer Curves Disclosures, amended paragraph (5) of Section 3.2.5, Publication of Resource and Load Information, to require ERCOT to post on the Market Information System (MIS) Public Area the portion of any Generation Resource's as-submitted and as-mitigated and extended Energy Offer Curve that is at or above 50 times the Fuel Index Price (FIP) for each 15-minute Settlement Interval seven days after the applicable Operating Day if any Real-Time Locational Marginal Price (LMP) exceeds 50 times the FIP during any 15-minute Settlement Interval for the applicable Operating Day.
ERCOT has posted this report (NP3-987-EX, 7-day Event Trigger when LMP Exceeds 50xFIP) 23 times since NPRR476 was implemented on December 11, 2013.
ERCOT has discovered that this report has erroneously disclosed the full as-submitted Energy Offer Curve of Generation Resources with offers above 50 times the FIP when Real-Time LMPs exceed 50 times the FIP during any 15-minute Settlement Interval for the applicable Operating Day instead of the portion of the Energy Offer Curve that is at or above 50 times the FIP.  Disclosure of the part of the Energy Offer Curve that is below 50 times the FIP before 60 days after the relevant Operating Day is contrary to paragraph (b) of Section 1.3.1.1, Items Considered Protected Information.
Because this posting has inadvertently revealed information that is considered Protected Information under the Protocols, ERCOT has discontinued publishing this report as of February 19, 2014 and has removed all previously published reports from the MIS Public Area.   ERCOT is developing a solution to this issue and will resume posting the report as soon as the solution is developed.  ERCOT will issue a follow-up Market Notice when this solution is ready for implementation.
ADDITIONAL INFORMATION:  NPRR476 and associated documents can be found on the ERCOT website, under Market Rules, at http://www.ercot.com/mktrules/issues/nprr/476-500/476/index.
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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