NPRR #497 · Revision Request
NPRR497 Corrections to NPRR400
ReasonTo correct current Protocol language implemented by NPRR400.
Created2012-11-15
Approved2012-12-11
Sections Affected
16.1116.11.4.116.11.4.316.11.5
Summary
This Nodal Protocol Revision Request (NPRR) corrects language within NPRR400, Eliminate Unsecured Credit for CRR Auctions and for Future Credit Exposure and Eliminate Netting of FCE with CCE, which was approved by the ERCOT Board on October 18, 2011. Modifications include the following: · Available credit limits for the CRR Auction (ACLC) and Available Limit for the DAM (ACLD) must be positive values; · Brackets in Minimum Collateral Exposure (MCE) calculation corrected; and · Ensure that collateral requests to cover non-CRR exposures are not overstated because of potential negative Remainder Collateral values.
Action Log 3 milestones
-
Dec 11
BOARDApproved
-
Nov 29
TACRecommended for Approval→ Board consideration
-
Nov 15
PRSRecommended for Approval→ TAC
Documents 5
| Name | Type | Posted | Classification |
|---|---|---|---|
| 497NPRR-01 Corrections to NPRR400 103112 | doc | Oct 31 '12 | Revision Request |
| 497NPRR-02 Impact Analysis 103112 | doc | Oct 31 '12 | Staff Report |
| 497NPRR-03 PRS Report 111512 | doc | Nov 20 '12 | Committee Report |
| 497NPRR-04_TAC_Report_112912 | doc | Nov 30 '12 | Committee Report |
| 497NPRR-05 Board Report 121112 | doc | Dec 12 '12 | Committee Report |
Meetings That Took It Up 3
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Dec 11 '12 | Board of Directors Meeting | BOARD | Concluded |
| Nov 29 '12 | Technical Advisory Committee (TAC) Meeting | TAC | Concluded |
| Nov 15 '12 | Protocol Revision Subcommittee (PRS) Meeting | PRS | Concluded |