Meeting · MCWG
Joint Credit Working Group (CWG)/Market Credit Working Group (MCWG) Meeting
LocationERCOT Austin 8000 Metropolis (Building E), Suite 100 Austin, TX 78744 Room 206B
VirtualWebEx / Teams
Dial-in877-668-4493
Revision Requests On The Agenda
Agenda 15 items
- 1 Antitrust Admonition — V Spells · 9:00 - 9:05
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2
Approval of minutes from March 28 Vote
— T Nikazm
· 9:05 - 9:10
- Item 2 CWG Minutes of Meeting · Meeting Minutes
- 3 Update from F&A meeting — T Nikazm · 9:10 - 9:20
- 4 Recommendation for CWG Vice Chair Vote — T Nikazm · 9:20 - 9:30
- 5 Review of NPRRs for credit implications Vote — V Spells · 9:30 - 9:45
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6
Review CWG Comments on NPRR 438: Additional Minimum Counter-Party Qualification Requirements, Including Risk Management Capability Requirements Vote
— M Ruane
· 9:45 - 10:45
- Item 6 NPRR438 Minimum CP Qualification · Revision Request
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7
Review NPRR 458: Establishment of ERCOT’s Central Counterparty Role Vote
— C Seely
· 10:45 - 11:00
- Item 7 ERCOT as Central Counterparty · Committee Report
- 8 Review Creditworthiness Standards Vote — M Holler · 11:00 - 11:45
- Lunch · 11:45 - 1:00 p.m.
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9
Review Day Ahead Market (DAM) Collateral Parameters Process (Consider impact of Credit Requirements in light of Power Balance Penalty Curve Modifications) Vote
— E Goff
· 1:00 - 2:00
- DAM_Daily_AVG_Prices_by_SettlementPoint · Staff Report
- Item 9A DAM Credit Requirements - NRG · Stakeholder Presentation
- Item 9B DAM Credit Requirements - NRG w ERCOT · Stakeholder Presentation
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10
Impact of Credit Requirements in light of Power Balance Penalty Curve Modifications
— E Goff
· 2:00 - 2:30
- DAM_Daily_AVG_Prices_by_SettlementPoint · Staff Report
- Item 10A ADTE Impact · Staff Report
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11
Review NPRR 347/400 Implementation timeline
— S Pabbisetty
· 2:30 - 2:45
- Item 11 NPRR 347_400 Implementation Timeline · Project Documents
- 12 Update on CRR Rolling Auction discussions — S Cochran · 2:45 - 2:55
- 13 New Business — T Nikazm/M Holler · 2:55 - 3:15
- Adjourn Meeting — T Nikazm/M Holler · 3:15