Meeting · CREDITWG

Joint Credit Working Group (CWG)/Market Credit Working Group (MCWG) Meeting

Concluded date 2012-01-26 time 09:00–16:00 ercot.com

LocationERCOT Austin 8000 Metropolis (Building E), Suite 100 Austin, TX 78744 Room 206B

VirtualWebEx / Teams

Dial-in888-894-0587

Revision Requests On The Agenda

NPRR394NPRR431NPRR433NPRR434NPRR435

Agenda 14 items

1 Antitrust Admonition — V Spells · 9:00 - 9:05 a.m.
2
Approval of minutes from December 5 Vote — A Spangler · 9:05 - 9:10 a.m.
- Item 2 - CWG Minutes of Meeting · Meeting Minutes
3
Review of NPRRs for credit implications Vote — V Spells · 9:10 - 9:20 a.m.
- Item 3 NPRRs · Stakeholder Presentation
- Item 3A 394NPRR-14 · Committee Report
- Item 3B 433NPRR · Committee Report
- Item 3C 434NPRR · Committee Report
- Item 3D 435NPRR · Committee Report
- Item 3E 431NPRR · Revision Request
4
Review of Credit Work Group (CWG) Charter Vote — A Spangler · 9:20 - 9:30 a.m.
- Item 4 Credit WG Charter · Legal filings and governance
5 Recommendation for CWG Chair and Vice Chair and MCWG Chair and Vice Chair — A Spangler · 9:30 - 9:40 a.m.
6
Review Draft Credit NPRR Minimum Market Participation Requirements — M Ruane · 9:40 - 10:15 a.m.
- Item 6 ERCOT CEA Exemption Status · Staff Report
- Item 6A Additional Minimum CP Qualification Reqts · Revision Request
7
ERCOT Operational Update — C Yager · 10:15 - 10:45
- Item 7 - 2011 Interest on Cash Collateral · Stakeholder Presentation
- Item 7A NPRR347_400 Reports Templates · Forms and Templates
8
Review Day Ahead Market (DAM) Collateral Parameters Process (including) Price Percentile eFactors RT-DA spread (currently 90%) PTP Obligations discount (currently 80%) — C Yager;C. Tucker · 10:45 - 12:00 noon
- Item 8 DAM Collateral Parameters Review · Staff Report
- Item 8A Nodal DAM Credit Requirement Parameter · Official Guides and Manuals
Lunch · 12:00 - 1:15 p.m.
9 Review impact on Collateral of increase in price caps — E Goff · 1:15 - 1:45 p.m.
10 Review impact of proposed Volker Rule on ERCOT markets (potential ERCOT comments) — B Magness · 1:45 - 1:55 p.m.
11 Subcommittee Updates — A Spangler;T Coffing · 1:55 - 2:05
12 New Business — A Spangler;T Coffing · 2:05 - 2:15 p.m.
Adjourn Meeting — A Spangler;T Coffing · 2:15 p.m.