NPRR #670 · Revision Request
NPRR670 Clarification of Portfolio Weighted Auction Clearing Price (PWACP)
ReasonMeets Strategic goals Market efficiencies or enhancements
Created2014-12-11
Approved2015-04-14
Sections Affected
7.5.5.316.11.4.5
Summary
This Nodal Protocol Revision Request (NPRR) provides additional clarifications to Effective Auction Clearing Price and PWACP calculations related to Point-to-Point (PTP) Obligations collateralization.
Action Log 5 milestones
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Dec 11
PRSDeferred/Tabled→ PRS for consideration
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Feb 12
PRSRecommended for Approval→ PRS for Impact Analysis review
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Mar 12
PRSRecommended for Approval→ Revision Request Consideration
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Mar 26
TACRecommended for Approval→ Revision Request Consideration
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Apr 14
BOARDApproved
Amendments
| Date | Body | Motion | Result |
|---|---|---|---|
| Feb 12 '15 | PRS | To recommend approval of NPRR670 as amended by the 1/26/15 Credit WG comments | Passed |
| Mar 12 '15 | PRS | On 3/12/15, PRS unanimously voted to endorse and forward to TAC the 2/12/15 PRS report as amended by the 3/11/15 ERCOT comments and the Impact Analysis for NPRR670. | Passed |
Documents 10
| Name | Type | Posted | Classification |
|---|---|---|---|
| 670NPRR-01 Clarification of Portfolio Weighted Auction Clearing | doc | Nov 24 '14 | Revision Request |
| 670NPRR-02 Impact Analysis 112414 | doc | Nov 24 '14 | Staff Report |
| 670NPRR-03 PRS Report 121114 | doc | Dec 11 '14 | Committee Report |
| 670NPRR-04 Credit WG Comments 121914 | doc | Dec 19 '14 | Revision Request Comments |
| 670NPRR-05 Credit WG Comments 012615 | doc | Jan 26 '15 | Revision Request Comments |
| 670NPRR-06 PRS Report 021215 | doc | Feb 13 '15 | Committee Report |
| 670NPRR-07 ERCOT Comments 031115 | doc | Mar 11 '15 | Revision Request Comments |
| 670NPRR-08 PRS Report 031215 | doc | Mar 13 '15 | Committee Report |
| 670NPRR-09 TAC Report 032615 | doc | Mar 27 '15 | Committee Report |
| 670NPRR-10 Board Report 041415 | doc | Apr 14 '15 | Committee Report |
Meetings That Took It Up 7
| Date | Meeting | Committee | Status |
|---|---|---|---|
| Apr 14 '15 | Board of Directors Meeting | BOARD | Concluded |
| Mar 26 '15 | TAC Meeting | TAC | Concluded |
| Mar 12 '15 | PRS Meeting | PRS | Concluded |
| Feb 12 '15 | PRS Meeting | PRS | Concluded |
| Jan 20 '15 | CWG/MCWG Meeting | CREDITWG | Concluded |
| Jan 15 '15 | PRS Meeting | PRS | Concluded |
| Dec 11 '14 | PRS Meeting | PRS | Concluded |