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NOTICE DATE: April 21, 2021

NOTICE TYPE: M-C031721-03 Settlements

SHORT DESCRIPTION: Board-Approved Price Correction - Real-Time Market (RTM) Resettlement for Operating Day February 15, 2021

INTENDED AUDIENCE: QSE Settlement Personnel

DAYS AFFECTED: Operating Day (OD) February 15, 2021

LONG DESCRIPTION: On April 13, 2020, the Board reviewed RTORDPAs, Real-Time On-Line Deployment Prices (RTRDPs), Real-Time Settlement Point Prices (RTSPPs), and Real-Time Prices for Energy Metered for Resources (RTRMPRs), determined that these prices were significantly affected by a software error, and directed ERCOT to implement the appropriate price corrections pursuant to ERCOT Protocol Section 6.3(7).  See Urgent Board of Directors Meeting (April 13, 2021), Agenda Item 10.

The RTM Resettlement Statements for OD February 15, 2021, were posted yesterday, April 20, 2021.  Resettlement details are in the tables below. 

Affected Operating Day

February 15, 2021

Description of reason for Resettlement

Board-Approved RTM Price Correction

Affected Settlement Charge Types

BPDAMT, LABPDAMT, LARDASIRNAMT, LARTRNAMT, RTDCIMPAMT, RTEIAMT, RTOBLAMT, RTOBLLAMT, RTRDASIAMT

Publication Date of Previous Settlement Statement

April 12, 2021

Publication Date of Resettlement Statement

April 20, 2021

Invoice Date of Resettlement Statement

April 20, 2021

 

Resettled Charge Types

February 15, 2021 Resettlement Amount

Base Point Deviation Charge Amount (BPDAMT)

$17,176.88

Base Point Deviation Payment Amount (LABPDAMT)

 

$(17,176.48)

Load-Allocated Reliability Deployment Ancillary Service Imbalance Revenue Neutrality Amount (LARDASIRNAMT)

$(311,777.54)

Load-Allocated Real-Time Revenue Neutrality Amount (LARTRNAMT)

$(82,459.35)

Real-Time DC Tie Import Amount (RTDCIMPAMT)

 

  $(269,170.97)

Real-Time Energy Imbalance Amount (RTEIAMT)

$352,841.11

Real-Time Obligation Amount (RTOBLAMT)

$(200.55)

Real-Time Obligation with Links to an Option Amount (RTOBLLOAMT)

$(1,010.65)

Real-Time Reliability Deployment Ancillary Service Imbalance Amount (RTRDASIAMT)

$311,776.96

 

ADDITIONAL INFORMATION: 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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