NPRR1099 Moving resource nodes

The Gist NPRR1099 allows ERCOT to move Resource Nodes when Points of Interconnection change or when resources retire.  There was initially some pushback due to the concerns that changing resource nodes can greatly impact the value of associated CRRs, but those were assuaged by ERCOT’s 11/24/21 comments (to NPRR1099 and OBDR034) which limited ERCOT’s ability…

CRR Auction Model Issues

The Gist ERCOT produces network models based on information contained in the ERCOT model database and the outage scheduler.    When transmission entities upgrade lines they often have to lower the rating of the lines while they work on the upgrade.  Occasionally the transmission entities enter the transmission downgrade into the network model but do…

Proxy Bids for Load Resources

The Gist When load resources are deployed by ERCOT (other than Controllable Load Resources) ERCOT adds the deployed MWs back into Generation to be Dispatched (GTBD) in the Reliability Deployment Price Adder calculation with a corresponding bid (really an offer) starting at $300/MW and linearly ramping up to $700/MW. Important Actions   Reference   Meeting…

ERCOT Price Corrections

The Gist ERCOT occasionally corrects prices; this is a historical log of those corrections From October 2021 onward. Price Correction Log 9/30/21, 10/6/21-10/12/21 DAM Prices due to mis modeling of the North Edinburg-Lobo Generic Transmission Constraint (Board approval 12/10/21)   Reference DAM Prices NE_LOBO mis model Meeting Notes 12/10/21 BoD 11/3/21 WMS Feedback? Send any…

FFR Advancement

The Gist NPRR863 put the concepts of ERCOT Contingent Reserve Service (ECRS) and Fast Frequency Response (FFR, a subset of Responsive Reserve Service) into the ERCOT protocols, but was not implemented immediately.  This project implements parts related to FFR.  The main issue with this project, and why it is a separate topic, is that it…

Post Uri Market Redesign

The Gist In the aftermath of Winter Storm Uri the Texas legislature determined that the ERCOT market design was in need of reform and decreed a number of changes in Senate Bill 3.  The Public Utility Commission opened up project 52373 and invited several rounds of comments on market design.  On 12/6/21 they published Phase…