NOTICE DATE: March 05, 2021
NOTICE TYPE: W-D030521-01 Settlements
SHORT DESCRIPTION: Short Payments for Failure to Make CRR Auction Revenue Distribution (CARD) Invoice Payments
INTENDED AUDIENCE: QSE and CRRAH Settlement Personnel
DAY AFFECTED: CARD Invoices due for payout on March 5, 2021
LONG DESCRIPTION: Qualified Scheduling Entities (QSEs) that are owed monies from ERCOT on CARD Invoices due for payout on March 5, 2021, will notice that the amount of funds transferred is short of the balance payable on the CARD Final Invoices.
ERCOT initiates the short payment procedure when a Market Participant fails to make a complete payment for CARD Invoices. Three Market Participants failed to make full payments for CARD Invoices that were due on March 4, 2021.
In accordance with ERCOT Protocol Section 9.11.3, ERCOT will draw from available Financial Security provided by short-paying Market Participants. ERCOT reduced payments to all Invoice Recipients owed monies on a pro-rata basis of monies owed to each CARD Invoice Recipient, to the extent necessary to clear ERCOT's accounts on the payment date to ensure revenue neutrality for ERCOT.
Please note that beginning next week, ERCOT will issue a weekly Market Notice, on an as-needed basis, identifying the names of short- paying Invoice Recipients that have paid previously identified short pay amounts and providing an updated estimate of the aggregate outstanding short-pay amount.
| Invoice Payout Date: |
March 5, 2021 |
| Total Amount Short to Market: |
$2,074.96 |
| Total Amount Paid Out to Market: |
$$435,275.85 |
| Invoice Recipient |
Total Amount of Short Pay |
| Energy Monger LLC |
$29.92 |
| Entrust Energy INC |
$1,929.18 |
| GB Power LLC |
$115.86 |
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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