ERCOT Initiates Mass Transition Of REP's Customers To POLRs
May 3, 2022 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
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ERCOT issued a market notice stating, "On Tuesday, May 3, 2022, ERCOT revoked all rights of V247 POWER CORPORATION (LSE) to conduct activity under the ERCOT Protocols due to its failure to designate a new Qualified Scheduling Entity (QSE) or qualify as an Emergency QSE pursuant to the ERCOT Protocols."
"ERCOT Protocols Section 22.214.171.124.6(3)(b) provides that if a breaching Market Participant is also a Load Serving Entity (LSE), then 'on revocation of some or all of the Market Participant's agreements... ERCOT shall initiate a Mass Transition of the Market Participant's ESI IDs pursuant to Section 126.96.36.199, Mass Transition Process...,'" ERCOT said in the market notice
"Pursuant to Protocol Section 188.8.131.52, Mass Transition Process, and Retail Market Guide (RMG) Section 7.11, Transition Process, ERCOT began the Mass Transition of V247 POWER CORPORATION (LSE) customers on Tuesday, May 3, 2022. All V247 POWER CORPORATION (LSE) ESI IDs will be gained by one or more POLRs, as allocated by the PUCT Mass Transition process," ERCOT said in the market notice
The size of the associated combined 30 day Average Daily Load is approximately 946 MWHs and the number of ESI IDs involved is approximately 24,798, ERCOT said in the market notice