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NPRR #671 · Revision Request

NPRR671  Incorporation of DAM Credit Parameters into Protocols

Approved sponsor ERCOT posted 2014-11-24 ercot.com
ReasonMeets Strategic goals
Created2014-12-11
Approved2015-04-14
Sections Affected
4.4.10
Summary
This NPRR incorporates the procedures in OBDs "Procedures for Setting Nodal Day Ahead Market (DAM) Credit Requirement Parameters" and "Credit Formulas and Detail Whitepaper for the Day-Ahead Market" into the Protocols. In addition, it removes the requirement for annual review of DAM credit parameters while adding change control processes for these parameters consistent with change control processes for other credit parameters. This NPRR also removes some of the ERCOT discretion associated with validation performance concerns and "significant" bid changes, and simplifies the explanation of the Point-to-Point (PTP) Obligation bid discount.
Action Log 5 milestones
Documents 11
NameTypePostedClassification
671NPRR-01 Incorporation of DAM Credit Parameters into Protocols doc Nov 24 '14 Revision Request
671NPRR-02 Impact Analysis 112414 doc Nov 24 '14 Staff Report
671NPRR-03 PRS Report 121114 doc Dec 15 '14 Committee Report
671NPRR-04 Credit WG Comments 121914 doc Dec 19 '14 Revision Request Comments
671NPRR-05 Credit WG Comments 012615 doc Jan 26 '15 Revision Request Comments
671NPRR-06 PRS Report 021215 doc Feb 13 '15 Committee Report
671NPRR-07 PRS Report 031215 doc Mar 13 '15 Committee Report
671NPRR-08 TAC Report 032615 doc Mar 27 '15 Committee Report
671NPRR-09 ERCOT Comments 040215 doc Apr 2 '15 Revision Request Comments
671NPRR-10 ERCOT Comments 040815 doc Apr 8 '15 Revision Request Comments
671NPRR-11 Board Report 041415 doc Apr 14 '15 Committee Report
Meetings That Took It Up 8
DateMeetingCommitteeStatus
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 12 '14 Joint CWG/MCWG Meeting CREDITWG Concluded
Dec 11 '14 PRS Meeting PRS Concluded