NPRR #867 · Revision Request
NPRR867 Revisions to CRR Auction Credit Lock Amount to Reduce Excess Collateral
- PRS May 10 '18
- TAC May 24 '18
- BOARD Jun 12 '18
- PUCT —
ReasonMarket efficiencies or enhancements
Created2018-04-12
Approved2018-06-12
Sections Affected
16.1116.11.4.6.1
Summary
This Nodal Protocol Revision Request (NPRR) changes the amount of each Counter Party’s Available Credit Limit (ACL) locked for Congestion Revenue Rights (CRR) Auctions during the duration of the auction process so that it is capped at the pre-auction screening credit exposure amount.
Timeline
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Feb 27
PRSFiled by Credit Work Group
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Apr 4
Listed without action at 1 meeting
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Apr 12
PRS PRS MeetingPRSRecommended for Approval“To recommend approval of NPRR867 as submitted.” — Passed→ Impact Analysis Consideration
- Apr 20
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May 10
PRS PRS MeetingPRSRecommended for Approval Forwarded → TAC priority 2018 · rank 580“To endorse and forward to TAC the 4/12/18 PRS Report and the Impact Analysis for NPRR867 with a recommended priority of 2018 and rank of 580.” — Passed→ Revision Request Consideration
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May 24
TAC TAC MeetingTACRecommended for Approval“To recommend approval of NPRR867 as recommended by PRS in the 5/10/18 PRS Report.” — Passed→ Revision Request Consideration
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Jun 12
BOARD Board of Directors MeetingBOARDApproved“To approve NPRR867 as recommended by TAC in the 5/24/18 TAC Report.” — Passed
- Jan 20
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Jul 21
Listed without action at 5 meetings (Jul 21 '21 – Jan 24 '22)