ERCOT CRR Market Updates and NPRR Progress - February 2025
Stay updated on ERCOT's latest market operations, including agenda items on LTAS transactions, operational flexibility for CRR auction limits, and progress on NPRR1261. Learn about ongoing NPRR developments, historical transactions, and upcoming changes in CRR pricing mechanisms. Follow ERCOT's efforts to enhance market transparency and efficiency in the energy sector.
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Presentation Transcript
CRR Updates Samantha Findley CRR Market Operations CMWG February 18, 2025
Agenda LTAS transactions and solution times Update on NPRR1261 Operational Flexibility for CRR auction limits and CRR draft NPRRs PUBLIC
Update on NPRR1261 Operational Flexibility for CRR auction limits NPRR1261 Operational Flexibility for CRR auction limits will go to the PUCT on March 13. https://www.ercot.com/mktrules/issues/NPRR1261 Until NPRR1261 is implemented, 3,000 limit will be used for all LTAS auctions. If approved by the PUCT on March 13, the 2025.2nd6.AnnualAuction.Seq1 will be the first LTAS to use the transaction limit table below. 4 PUBLIC
Update on CRR NPRRs in progress ERCOT continues to work with the vendor to get IAs for the draft NPRRs for Removing Multi-month Bidding functionality and Option Pricing Report. We hope to be able to submit the NPRRs with IAs in March. Note: NPRR749 was implemented in 2019 to provide clearing prices for all CRRs in baseload after each auction. The updated ShadowPricePerMWH can be found in the Baseloading report for each auction after auction results are posted. The Baseloading report is in the CRR MUI and is also posted with CRR Auction Results on MIS public. 5 PUBLIC
