NOTICE DATE: July 27, 2023
NOTICE TYPE: M-C030923-10 Settlements
SHORT DESCRIPTION: Board-Approved Price Correction - Day-Ahead Market (DAM) Resettlement for Operating Days (ODs) March 2 and 3, 2023
INTENDED AUDIENCE: QSE and CRRAH Settlement Personnel
DAYS AFFECTED: March 2 and 3, 2023
LONG DESCRIPTION: On June 20, 2023, the ERCOT Board of Directors (Board) directed ERCOT to implement the appropriate price corrections for Day-Ahead Settlement Point Prices (DASPPs) and Day-Ahead Market Clearing Prices for Capacity (MCPCs) for certain ODs in the period of February 10, 2023 to March 8, 2023.
The DAM Resettlement Statements for ODs March 2 and 3, 2023 will post today. Further details are included in the table below:
| Operating Day |
March 2, 2023 |
March 3, 2023 |
| Reason for Resettlement |
Board-Approved DAM Price Correction |
|
| Affected Settlement Charge Types |
DAESAMT, DAEPAMT, DARTOBLAMT, DARTOBLLOAMT, DACONGRENT, DACRRSAMT, DAMWAMT, LADAMWAMT, PCNSAMT, DANSAMT, PCRDAMT, DARDAMT, PCRRAMT, DARRAMT, PCRUAMT, DARUAMT, DAOBLAMT, DAOPTAMT, DAOPTRAMT, CRRBACR |
|
| Publication Date of Previous Settlement Statement |
March 6, 2023 |
March 7, 2023 |
| Publication Date of Resettlement Statement |
July 27, 2023 |
July 27, 2023 |
| Invoice Date of Resettlement Statement |
July 27, 2023 |
July 27, 2023 |
| Resettled Charge Types |
March 2, 2023 Resettlement Amount |
March 3, 2023 Resettlement Amount |
| Day-Ahead Energy Sales (DAESAMT) |
$ (617,981.64) |
$ (19,168.35) |
| Day-Ahead Energy Purchased (DAEPAMT) |
$ 640,735.12 |
$ 30,902.41 |
| Day-Ahead Real Time Obligation (DARTOBLAMT) |
$ 20,788.83 |
$ 23,883.18 |
| Day-Ahead RTM Obl Lnked to Opt (DARTOBLLOAMT) |
$ 2,547.12 |
$ 1,136.70 |
| Day-Ahead Congestion Rent (DACONGRENT) |
$ 46,089.43 |
$ 36,753.94 |
| Day-Ahead CRR Owners Shortfall Amount (DACRRSAMT) |
$ - |
$ - |
| Day-Ahead Make-Whole Amount (DAMWAMT) |
$ 6,376.48 |
$ (1,432.44) |
| Load Allocated Day-Ahead Make-Whole charge (LADAMWAMT) |
$ (6,376.62) |
$ 1,432.66 |
| Non-Spin Reserve Service Payment (PCNSAMT) |
$ (76,696.68) |
$ (8,735.04) |
| Day-Ahead Non-Spin Amount (DANSAMT) |
$ 76,696.46 |
$ 8,734.72 |
| Procured Capacity for Reg Down (PCRDAMT) |
$ (2,986.64) |
$ (742.79) |
| Day-Ahead Reg-Down Amount (DARDAMT) |
$ 2,986.57 |
$ 742.77 |
| Procured Capacity for Responsive Reserve Amount (PCRRAMT) |
$ (18,755.72) |
$ 4,735.10 |
| Day-Ahead Responsive Reserve Amount (DARRAMT) |
$ 18,755.95 |
$ (4,735.22) |
| Procured Capacity for Responsive Reserve Amount (PCRUAMT) |
$ (7,267.73) |
$ 2,589.57 |
| Day-Ahead Reg-Up Amount (DARUAMT) |
$ 7,267.87 |
$ (2,589.61) |
| Day-Ahead Obligation Amount (DAOBLAMT) |
$ 5,566.45 |
$ (26,801.79) |
| Day-Ahead Option Amount (DAOPTAMT) |
$ (7,982.52) |
$ 2,454.06 |
| Day-Ahead Option with Refund Amount (DAOPTRAMT) |
$ (328.61) |
$ (16.59) |
| CRR Balancing Account Credit (CRRBACR) |
$ 43,344.75 |
$ 12,389.62 |
ADDITIONAL INFORMATION: For more information regarding these price corrections, please review previous Market Notices.
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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