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ERCOT Protocol Consideration of CRR Auction Revenue Distribution by TAC

ERCOT Protocol Consideration of CRR Auction Revenue Distribution by TAC. Matt Mereness ERCOT Manager Day-Ahead Market and CRR Auction. Protocol expiration of CRR Auction Revenue Distribution Methodology. 7.5.7  Method for Distributing CRR Auction Revenues

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ERCOT Protocol Consideration of CRR Auction Revenue Distribution by TAC

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  1. ERCOT Protocol Consideration of CRR Auction Revenue Distribution by TAC Matt Mereness ERCOT Manager Day-Ahead Market and CRR Auction ERCOT Public

  2. Protocol expiration of CRR Auction Revenue Distribution Methodology 7.5.7  Method for Distributing CRR Auction Revenues (1)  ERCOT shall determine, for each month, the CRR Monthly Revenues (CMR). The CMR is the sum of: (a)  Monthly CRR revenue for that month; and (b)  PCRR revenues. (2)  Prior to December 1, 2013, ERCOT shall credit the net CRR Auction revenue (including PCRR revenue) produced from CRRs cleared in each CRR Auction that source from a Settlement Point located within a 2003 ERCOT Congestion Management Zone (CMZ) and sink at a Settlement Point located within the same 2003 ERCOT CMZ to Qualified Scheduling Entities (QSEs) in the 2003 ERCOT CMZ on a zonal Load Ratio Share (LRS) basis.  All other net CRR Auction revenues must be allocated to QSEs on an ERCOT-wide LRS basis.  For these allocation purposes, any Non-Opt-In Entity (NOIE) Load Zone is considered to be located entirely within the 2003 ERCOT CMZ that represented the largest Load for that NOIE or group of NOIEs in 2003.  Before the end of the three-year period described above, the ERCOT Board shall consider whether to extend the policy or ratify some other alternative. ERCOT Public

  3. Potomac summary reflecting 2011 distribution ERCOT Public

  4. Next Steps • ERCOT asks that stakeholders consider if any policy changes are needed: • Recommend review by TAC and/or WMS for policy consideration • Board review and approval due in late 2013 • If NPRR and system changes are needed then timing becomes an issue • ERCOT can support analysis if necessary in the decision process • (2)  Prior to December 1, 2013, ERCOT shall credit the net CRR Auction revenue (including PCRR revenue) produced from CRRs cleared in each CRR Auction that source from a Settlement Point located within a 2003 ERCOT Congestion Management Zone (CMZ) and sink at a Settlement Point located within the same 2003 ERCOT CMZ to Qualified Scheduling Entities (QSEs) in the 2003 ERCOT CMZ on a zonal Load Ratio Share (LRS) basis.  All other net CRR Auction revenues must be allocated to QSEs on an ERCOT-wide LRS basis.  For these allocation purposes, any Non-Opt-In Entity (NOIE) Load Zone is considered to be located entirely within the 2003 ERCOT CMZ that represented the largest Load for that NOIE or group of NOIEs in 2003.  Before the end of the three-year period described above, the ERCOT Board shall consider whether to extend the policy or ratify some other alternative. ERCOT Public

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