NPRR #439 · Revision Request

NPRR439 Updating a Counter-Party's Available Credit Limit for Current Day DAM

Approved sponsor ERCOT posted 2012-01-25 ercot.com

PRS Mar 22 '12
TAC Apr 5 '12
BOARD May 15 '12
PUCT —

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.

Timeline

2012
Jan 25
PRSFiled by ERCOT
- 439NPRR-02 Impact Analysis 012512 Jan 25 '12 · Staff Report
Feb 15
WMS Wholesale Market Subcommittee (WMS) Meeting
- 439NPRR-01 Updating a Counter-Party's Available Credit Limit for Jan 26 '12 · Revision Request
- 439NPRR-03 ERCOT Comments 020812 Feb 8 '12 · Revision Request Comments
Feb 23
PRS Protocol Revision Subcommittee (PRS) Meeting
PRSRecommended for Approval Amended by the Feb 8 '12 ERCOT comments
“To recommend approval of NPRR439 as amended by the 2/8/12 ERCOT comments and as revised by PRS.” — Passed

→ PRS review Impact Analysis
Mar 22
PRS Protocol Revision Subcommittee (PRS) Meeting
PRSRecommended for Approval Forwarded → TAC priority 2012 · rank 690
“To endorse and forward the 2/23/12 PRS Report and Impact Analysis for NPRR439 to TAC with a recommended priority of 2012 and rank of 690.” — Passed

→ TAC consideration
- 439NPRR-04 PRS Report 022312 Feb 27 '12 · Committee Report
- 439NPRR-05 Credit WG Comments 030612 Mar 6 '12 · Revision Request Comments
Apr 5
TAC Technical Advisory Committee (TAC) Meeting
TACRecommended for Approval
“To recommend approval of NPRR439 as recommended by PRS in the 3/22/12 PRS Report” — Passed

→ ERCOT Board Consideration
- 439NPRR-06 PRS Report 032212 Mar 26 '12 · Committee Report
- 439NPRR-07 TAC Report 040512 Apr 5 '12 · Committee Report
May 15
BOARD Board of Directors Meeting
BOARDApproved
“To approve NPRR439 as recommended by TAC in the 4/5/12 TAC Report.” — Passed
- 439NPRR-08 Board Report 051512 May 15 '12 · Committee Report
Jul 20
Listed without action at 5 meetings (Jul 20 '16 – Dec 13 '16)
- CWG/MCWG Meeting Jul 20 '16
- PRS Meeting Oct 13 '16
- PRS Meeting Nov 10 '16
- TAC Meeting Dec 1 '16
- Board of Directors Meeting Dec 13 '16