NPRR760  Calculation of Exposure Variables For Days With No Activity

Today, the Real-Time Liability Extrapolated (RTLE), the Unbilled Real-Time Amount (URTA), and Day-Ahead Liability Extrapolated (DALE) variables are based on the 14 (RTLE and URTA) or 7 (DALE) most recent calendar days divided by the number of Real-Time Market (RTM) Initial Statements generated for the Counter-Party in the same period. Operating Days with zero activity are not captured in the above calculations since RTM Initial Statements are not generated for those Operating Days. This Nodal Protocol Revision Request (NPRR) would correct this by capturing the Operating Days with zero activity in the denominator of the RTLE, URTA, and DALE calculations.