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