ERCOT Updates and Market Communication Highlights
Stay updated with the latest ERCOT market communications and meeting takeaways, including discussions on NPRR885, Must-Run Alternatives, EROF Market Notice, and upcoming MSWG meeting details. Get insights into important topics such as data verification, settlements, and financial calculations relevant to the energy sector.
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Presentation Transcript
MSWG WMS Updates, Market Communication June 25, 2019
6/5/2019 WMS meeting takeaways WMS would like to be the audience for the Annual UFE ERCOT invites other groups interested in that information to dial in to WMS WMS would still like updates on the Balancing Account Fund from MSWG Will use the slide from the Board/TAC report PUBLIC
NPRR885 Must-Run Alternative Discussion How verification data will flow to QSEs MRA Agreement will have basics terms; Pay as Bid VDI timestamps critical (time-weighting in calculations are in seconds) Performance Report (45 days after a Deployment Event) Section 3 via Reports (Availability Factor, Event Performance, Interval Performance) Section 6 via Extracts Timing of data Initial Settlement accuracy depends on meter data timing Final Settlement may or may not have 45-day post Performance Report Need to be sure Payments and Charges completed on True-up Nodal Protocol Section 9 may need description of the MRA Settlement timeline PUBLIC
NPRR885 Must-Run Alternatives MSWG Continue deep dive at June meeting to answer our own questions Desktop edits (uniform capitalization, grammar, expressed as MW ) Changes to Section 9 Unlike ERS, Settlement does not occur on known cycle Unlike Black Start, it is not charged in every interval MRSABAMT, CAPEX, paid hourly for Contract Hours MRADEAMT, paid hourly for Deployment Event Hours MRAVAMT calc by interval for both w/ or w/o deployment, rolled up to hourly payment MRAUMAMT daily or hourly or e(E)vent (deployment v Misconduct)? WMS wants to know the impact of resettlement to LRS PUBLIC
2019 Q3 EROF Market Notice issued to Notice_Settlements on 6/11/2019 DEF_LSES_NEL (Prior year total of NEL for REP's no longer transacting in the ERCOT market) Invoice displayed as unchanged from last quarter: 357,375,659.14 Correct DEF_LSES_NEL value should be: 4,086,832.57 Annual ERO calculated: EROFq = LOADq * (NERCC + NERCC ADJ) LOADt Where, LOADt = LTOTERCOT_4CP- DEF_LSES_NEL PUBLIC
