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RCWG Update to WMS. December 11, 2013. General Update . Agenda Items for Today: Fuel Adder NPRR 485-(vote) Chair of RCWG. Fuel Adder NPRR 485.
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RCWG Update to WMS December 11, 2013
General Update • Agenda Items for Today: • Fuel Adder NPRR 485-(vote) • Chair of RCWG
Fuel Adder NPRR 485 • WMS guidance: Mitigated fuel costs are intended to allow resources to be compensated for its total fuel cost, through a 12 month rolling average, updated and reviewed by ERCOT staff quarterly • VCMRR-01 has been developed to incorporate procedure to include fuel adder. • Issues discussed and incorporated at RCWG: • Once the fuel adder is established, the Resource Entity cannot switch back to the generic 50 cents. • “total fuel price” means total volumes purchased, not the burn volumes and not the net of sales.