NPRR #439 · Revision Request
NPRR439 Updating a Counter-Party's Available Credit Limit for Current Day DAM
ReasonAlthough ERCOT has business processes in place on the timing of when it sets the daily credit limit for the next day’s DAM for each Counter-Party, ERCOT could update the credit limit for a Counter-Party if time and resource constraints are not an issue. As such, this NPRR codifies the circumstances in which ERCOT may be able to adjust the credit limit for a Counter-Party for the current day DAM. Please note that ERCOT plans to continue to process Financial Security as it does currently on Business Days.
Created2012-02-23
Approved2012-05-15
Sections Affected
16.11.4.616.11.4.6.2
Summary
This Nodal Protocol Revision Request (NPRR) will provide flexibility for Counter-Parties to increase the credit limit available for the Day-Ahead Market (DAM) on the day the DAM is running by posting additional Financial Security under certain circumstances after ERCOT has already set a daily credit limit.
Action Log 4 milestones
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Feb 23
PRSRecommended for Approval→ PRS review Impact Analysis
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Mar 22
PRSRecommended for Approval→ TAC consideration
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Apr 5
TACRecommended for Approval→ ERCOT Board Consideration
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May 15
BOARDApproved
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Feb 23 '12 | PRS | To recommend approval of NPRR439 as amended by the 2/8/12 ERCOT comments and as revised by PRS. | Passed |
Documents 8
| Name | Type | Posted | Classification |
|---|---|---|---|
| 439NPRR-01 Updating a Counter-Party's Available Credit Limit for | doc | Jan 26 '12 | Revision Request |
| 439NPRR-02 Impact Analysis 012512 | doc | Jan 25 '12 | Staff Report |
| 439NPRR-03 ERCOT Comments 020812 | doc | Feb 8 '12 | Revision Request Comments |
| 439NPRR-04 PRS Report 022312 | doc | Feb 27 '12 | Committee Report |
| 439NPRR-05 Credit WG Comments 030612 | doc | Mar 6 '12 | Revision Request Comments |
| 439NPRR-06 PRS Report 032212 | doc | Mar 26 '12 | Committee Report |
| 439NPRR-07 TAC Report 040512 | doc | Apr 5 '12 | Committee Report |
| 439NPRR-08 Board Report 051512 | doc | May 15 '12 | Committee Report |
Meetings That Took It Up 10
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Dec 13 '16 | Board of Directors Meeting | BOARD | Concluded |
| Dec 1 '16 | TAC Meeting | TAC | Concluded |
| Nov 10 '16 | PRS Meeting | PRS | Concluded |
| Oct 13 '16 | PRS Meeting | PRS | Concluded |
| Jul 20 '16 | CWG/MCWG Meeting | CREDITWG | Concluded |
| May 15 '12 | Board of Directors Meeting | BOARD | Concluded |
| Apr 5 '12 | Technical Advisory Committee (TAC) Meeting | TAC | Concluded |
| Mar 22 '12 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| Feb 23 '12 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |
| Feb 15 '12 | Wholesale Market Subcommittee (WMS) Meeting | WMS | Concluded |