NOTICE DATE:  September 11, 2014
NOTICE TYPE:  M-B091114-01 Settlements
SHORT DESCRIPTION:  Implementation details for VCMRR004
INTENDED AUDIENCE:  ERCOT Market Participants
DAY AFFECTED:  October 1, 2014
LONG DESCRIPTION:  On October 1, 2014, ERCOT will implement Verifiable Cost Manual Revision Request (VCMRR) 004, Caps for Energy Storage Resources, which was approved by TAC on August 28, 2014.
This VCMRR specifies the values used for the Startup and Minimum Energy Offer Caps, Mitigated Offer Cap, and the calculation for RUC Make-Whole payments for Energy Storage Resources.
ADDITIONAL INFORMATION:  Pursuant to Verifiable Cost Manual Section 12.6, Verifiable Cost Manual Revision Implementation, ERCOT is required to provide notice of implementation of any VCMRR that is not implemented the first date of the month following TAC approval.  This notice must be provided as soon as practicable, but no later than ten days prior to implementation.
VCMRR004<http://www.ercot.com/mktrules/issues/vcmrr/001-025/004#keydocs> and associated documents can be found on the ERCOT website.
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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