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Bullboard - Stock Discussion Forum Just Energy Group Inc. (Canada) JENGQ

Just Energy Group Inc is a retail energy provider specializing in electricity and natural gas commodities and bringing energy efficient solutions and renewable energy options to customers. Geographically, the company is operating in the United States and Canada, Just Energy serves residential and commercial customers.

OTCPK:JENGQ - Post Discussion

Just Energy Group Inc. (Canada) > Just Energy not alone
View:
Post by GaillardDeshaie on Mar 13, 2021 9:04am

Just Energy not alone

I found this on ERCOT web site.  This short payment failure.

 Credit; CRR; Settlements

 

 

 Thu, Mar 11, 2021 03:08 PM

 

 

 W-B031121-01 Short Payments for Failure to Make Invoice Payments

 


NOTICE DATE:  March 11, 2021

NOTICE TYPE:  W-B031121-01 Settlements

SHORT DESCRIPTION:  Short Payments for Failure to Make Invoice Payments

INTENDED AUDIENCE: QSE and CRRAH Settlement Personnel

DAY AFFECTED:  Settlement Invoices due for payout on March 11, 2021

LONG DESCRIPTION:  Qualified Scheduling Entities (QSEs) and Congestion Revenue Right Account Holders (CRRAHs) that are owed monies from ERCOT on Settlement Invoices due for payout on March 11, 2021, will notice that the amount of funds transferred is short of the balance payable on the Settlement Invoices.

ERCOT initiates the short payment procedure when a Market Participant fails to make a complete payment for Settlement Invoices. Several Market Participants failed to make full payments for Settlement Invoices that were due on March 10, 2021.

In accordance with ERCOT Protocol Section 9.19, ERCOT will draw from available Financial Security provided by short-paying Market Participants. Funds received from Financial Security will be allocated to short paid Invoice Recipients as soon as possible. Furthermore, ERCOT will deduct any applicable ERCOT Administrative fees, payments for Reliability-Must-Run (RMR) services, and the CRR Balancing Account from the amount received, and then reduce payments to all Invoice Recipients owed monies. The reductions will be made on a pro-rata basis of monies owed to each ERCOT creditor to the extent necessary to clear ERCOT's accounts on the payment date to ensure revenue neutrality for ERCOT.

Invoice Payout Date:  

March 11, 2021

Operating Dates:

DAM 03/04/2021

 

RTM Initial 03/01/2021-03/03/2021

RTM Resettlement 02/19/2021

 

RTM Final 01/10/2021-01/12/2021

 

RTM Trueup 09/07/2020-09/09/2021

Total Amount Short to Market:    

$53,343,421.05

Total Amount Paid Out to Market:

$284,833,901.68

 

Invoice Recipient

Total Amount of Short Pay

Brazos Electric Power Co-op Inc

$7,255,206.29

Bulb US LLC

$323,173.94

Energy Monger LLC

$164,417.14

Entrust Energy Inc

$3,695,480.98

GB Power LLC

$269,454.83

Griddy Energy LLC 1

$395,477.25

GridPlus Texas Inc

$119,475.83

Hanwha Energy USA Holdings Corp DBA 174 Power Global

$1,967,891.66

ILUMINAR ENERGY LLC (QSE)

$1,892,299.42

MQE LLC (QSE)

$368,511.67

Rayburn Country Electric Cooperative Inc

$36,376,543.24

Volt Electricity Provider LP

$515,488.80

Comment by pjn0987654321 on Mar 13, 2021 10:15am
I don't think any of them were expecting snow in Texas.  Must be all that global warming.  
Comment by pointer on Mar 13, 2021 10:27am
This post has been removed in accordance with Community Policy
Comment by NewfNewf on Mar 13, 2021 3:09pm
Nothing new for Texas. Just look back throughout history. They had a good one in 1899 but i guess that was global warming according to the global warming cult. Climate changes have always occured and will continue to do so so adapt or die. 
Comment by pointer on Mar 13, 2021 4:51pm
This post has been removed in accordance with Community Policy
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