Notification

Market Settlements Spring 2025 CRNCC

7/23/2025 3:40 PM

The Capacity Replacement Non-Compliance Charge (CRNCC) and redistribution have been finalized for the Spring 2025 season and will be issued on the S55 real-time settlement statement for operating day May 31, 2025, which will post on Friday, July 25, 2025.
 
Both the Spring 2025 CRNCC charges and the redistribution can be found in the RA Miscellaneous Adjustment (RA_MISC_ADJ) billing determinant under the Resource Adequacy Auction Amount (RT_RAA) charge type.  Per Module E-1 section 69A.3.1.h, the CRNCCs will be distributed to Market Participants representing Load Serving Entities (LSEs) that have met their Planning Reserve Margin Requirement (PRMR) during the season on a pro rata basis, based upon their respective LSEs' share of total PRMR.  The settlement statement will be a net of any CRNCC penalties and/or redistributions for each Asset Owner.
 
Any Settlement Disputes on the CRNCC penalties and/or redistribution will be due by September 28, 2025 (120 Calendar Days from the last Operating Day (May 31, 2025) of the Spring season).