NPRR #671 · Revision Request
NPRR671 Incorporation of DAM Credit Parameters into Protocols
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
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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
Documents 11
| Name | Type | Posted | Classification |
|---|---|---|---|
| 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
| 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 12 '14 | Joint CWG/MCWG Meeting | CREDITWG | Concluded |
| Dec 11 '14 | PRS Meeting | PRS | Concluded |