NOTICE DATE: September 8, 2022

NOTICE TYPE: M-A082522-02 Operations

SHORT DESCRIPTION: Impact Analysis for Software Error Identified in ERCOT's Market Management System (MMS) impacting Load Zone Prices in the Real-Time Market (RTM)

INTENDED AUDIENCE: All Market Participants

DAYS AFFECTED: Aug 11, 2022, to August 21, 2022

LONG DESCRIPTION: This is an update to the Market Notice issued August 25, 2022, regarding the software error identified in ERCOT’s MMS that impacted Load Zone Prices in the RTM and ERCOT's analysis of pricing impacts. Upon completion of the impact analysis, ERCOT determined the results do not meet the criteria necessary to request ERCOT Board approval for price correction in accordance with ERCOT Protocols Section 6.3 (7)(b).

Load Resources that were missing from the Load Zone calculations are as follows:

Load Zone

Substation

Load Name

MMS Load Name

Electrical Bus

LZ_HOUSTON

BRAZORIA

BRAZO_1E

BRAZORIA_BRAZO_1E

TNBRAZORIA1U

LZ_SOUTH

CATARINA

LOAD1

CATARINA_LOAD1

CATARINA_LD1

LZ_WEST

CEDRVALE

CEDRVL_2

CEDRVALE_CEDRVL_2

TNCEDRVALE1B

LZ_WEST

COYOTSPR

COYOTE_1

COYOTSPR_COYOTE_1

TNCOYOTSPR1X

LZ_WEST

FAULKNER

FLKNR_1

FAULKNER_FLKNR_1

TNFAULKNER1X

LZ_SOUTH

HOLCOMB

LOAD1

HOLCOMB_LOAD1

HOLCOMB_LD1

LZ_WEST

LONESTAR

LONSTR_1

LONESTAR_LONSTR_1

TNLONESTAR1X

LZ_WEST

RTLSNAKE

RTLSNK_1

RTLSNAKE_RTLSNK_1

TNRATTLSNK1V

LZ_WEST

SADLBACK

SADLBK_2

SADLBACK_SADLBK_2

TNSADDLEBK1V

LZ_WEST

SBEAN

LDLXFMR2

SBEAN_LDLXFMR2

SBEAN_EB9

LZ_WEST

SGSA

138_12_1

SGSA_138_12_1

SGSA_LD01

 

The approximate largest absolute value impact of the calculated changes to Settlement outcomes to any single Counter-Party for each Operating Day in the analysis period are as follows:

Operating Day

Largest Counter- Party Impact

8/11/2022

$43.30

8/12/2022

$24.74

8/13/2022

$18.76

8/14/2022

$459.39

8/15/2022

$101.62

8/16/2022

$82.27

8/17/2022

$117.58

8/18/2022

$13.66

8/19/2022

$101.89

8/20/2022

$34.62

8/21/2022

$192.54

 

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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dg