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NOTICE DATE: January 21, 2021

NOTICE TYPE: M-A082720-04 Settlements

SHORT DESCRIPTION: Board-Approved Price Correction (RAS Modeling Issue)CRR Balancing Account Resettlement for August 2020

INTENDED AUDIENCE: QSEs and CRRAHs settlement personnel

DAYS AFFECTED: January 21, 2021

LONG DESCRIPTION: On October 13, 2020, the ERCOT Board of Directors (Board) directed ERCOT to implement price corrections for Day-Ahead Settlement Point Prices (DASPPs), DAM Market Clearing Prices for Capacity (MCPCs), and DAM Locational Marginal Prices (LMPs) for ODs August 20, 21 and 23, 2020. See Urgent Board of Directors Meeting (October 13, 2020), Agenda Item 7.2.

In accordance with ERCOT Protocol Section 9.12(2), CRR Balancing Account Invoices, ERCOT has issued Congestion Revenue Right (CRR) Balancing Account (CRRBA) resettlement Invoices for the month of August 2020 to reflect changes to the CRRBA resulting from the above-referenced Board approved DAM price corrections.  Further details are included in the table below:

Operating Month

August 2020

Reason for resettlement

Board-Approved DAM Price Corrections

Publication Date of previous CRRBA Invoices

September 9, 2020

Publication Date of CRRBA resettlement Invoices

January 21, 2021

Total CRRBA changes due to DAM resettlements (CRRBACR)

$7,093.20

Total Adjustment to CRR Refund Amount (CRRRAMT)

($388,511.35)

Total Adjustment to Load Allocated Amount (LACRRAMT)

$0.00

 

ADDITIONAL INFORMATION: The CRRBA resettlement Invoices and corresponding CRRBA extracts can be found on the Market Information System (MIS) under Settlements.

Please review the ERCOT website for previous Market Notices related to this subject. 

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].

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