Meeting · CREDITWG

CWG/MCWG Meeting

Concluded date 2015-07-22 time 09:30 ercot.com

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

VirtualWebEx / Teams

Dial-in877-668-4493

Revision Requests On The Agenda

NPRR484NPRR702NPRR704NPRR714

Agenda 15 items

1 Antitrust Admonition — V Spells · 9:35 a.m.
2
Approval of minutes from May 20 Vote — V Spells · 9:40 a.m.
- Item 2 CWG Minutes of Meeting May 20 2015 draft MR · Meeting Minutes
3
Review of NPRRs for credit implications Review new NPRR forms Vote — V Spells K Landry · 9:45 a.m.
- Item 3 NPRRs · Revision Request
- Item 3A 704NPRR 05 PRS Report 071615 · Committee Report
- Item 3B 714NPRR 02 PRS Report 071615 · Committee Report
4
Presentation by Argus(Electricity Forward Curves) — B Barnes · 10:00 a.m.
- Item 4A ERCOT Forward Curve Information July 22 2015 · Staff Report
- Item 4B Power Forwards 07012015 FixedPrices · Staff Report
- Item 4C ERCOT HourlyCurves 07012015 · Forms and Templates
5
Review NPRR 702 Flexible Accounts, Payment of Invoices, and Disposition of Interest on Cash Collateral Vote — V Spells/A Gore · 11:00 a.m.
- Item 5 702NPRR 04 PRS Report 051415 · Committee Report
6
Review draft NPRR484 Revisions to Congestion Revenue Rights Credit Calculations and Payments (Phase II) — S Pabbisetty/M Ruane · 11:15 a.m.
- Item 6A nprr484 554 revisions v2 · Revision Request
- Item 6B xxxNPRR 01 Updates to Future Credit Exposure Calculation and CRR Long Term Auction Sequences Invoicing v3.1 · Revision Request
7
Review Credit Clarification NPRR (draft) — M Ruane · 11:40 a.m.
- Item 7A CWG 2015 07 22 Clarification Items v5 · Stakeholder Presentation
- Item 7B NPRR xxx Clarifications to TPE and EAL credit exposure calculations v0 8 · Revision Request
- Item 7C NPRR xxx Clarifications to TPE and EAL credit exposure calculations v0 8 ca · Revision Request Comments
Lunch · 12:00 p.m.
8
Review T5 component of the Minimum Current Exposure (MCE) Calculation — A Moavu · 1:00 p.m.
- Item 8A 639 Comments Luminant · Revision Request Comments
- Item 8B NPRR 639 Results Observations SP.PPTX · Stakeholder Presentation
9
Review Enhanced Seasonal Adjustment Factor White Paper — S Siddiqi · 1:40 p.m.
- Item 9 Forward Exposure Adjustment to Replace SAF · Revision Request
10 Development of Market Risk Appetite Goal — D Meek · 2:10 p.m.
11 Letter of Credit concept update — D Meek · 2:40 p.m.
12
Credit Updates — V Spells · 3:10 p.m.
- Item 12 CWG 2015 06 17 Credit Updates v1 SP · Staff Report
13
New Business CRR Novation — D Meek/B Barnes M Ruane · 3:25 p.m.
- Item 13 B CWG Goals · Committee Report
Adjourn Meeting — D Meek/B Barnes · 3:35 p.m.