ERCOT Updates on Congestion Management, CRR Auction, and Other Items
Stay informed with the latest updates from ERCOT on congestion management, CRR auction transactions, and other important items discussed in the recent meetings. Learn about upcoming changes, adjustments, and proposed solutions. Stay ahead in the energy industry with ERCOT's updates.
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Presentation Transcript
Congestion Management Working Group JANUARY 29, 2024 ANDY NGUYEN, VICE CHAIR
KML File Issue o KML File Issue No updates to include new substations since Sept 2017 oERCOT will continue publishing outdated KML files until the KML generating tool can be updated oUpdate timeline is TBD but ERCOT will provide an update
CRR Auction Transaction Limits o Auctions above 500k total transactions will trigger a transaction adjustment period (TAP) o Auction since Oct 2022 have clear over 300k oDiscussed 5 different options for avoiding TAP (all requires NPRR) o Option 1- Increase Min PTP Option Bid Price (Only option not requiring a system change) o Option 2- Bid fee on uncleared bids o Option 3- Bid fee on only uncleared option bids More direct solution o Option 4- Adding definition for Participating CRRAH for TAPs to include only CRRAHs who submitted bids in initial window o Option 5- Modify TAP process oDiscussed new possible option for increasing total transaction for LTAS auction by optimizing each month of the LTAS auctions individually oERCOT to provide responses and analysis based on stakeholder feedback and is requesting any additional feedback be sent to ercotcrr@ercot.com
Other Items oUpdate on Change to collateral process Starting January 26thcollateral deposits for CRR auction must be received by 3PM oAnnual CRR Activity Calendar Update- model build process will begin 3 weeks prior to model posting date oERCOT will try to work towards the original 2 week lead-time to capture as many outages closer to the posting date oNew CMWG Leadership oNext Meeting February 22nd oOther pending items: IMM Load Zone Analysis & NPRR1198/NOGRR258
