NPRR #907 · Revision Request

NPRR907 Revise Definition of M1a to Reflect Actual Calendar Days

Approved sponsor ERCOT posted 2018-10-29 ercot.com

PRS Dec 13 '18
TAC Jan 30 '19
BOARD Feb 12 '19
PUCT —

ReasonMarket efficiencies or enhancements

Created2018-11-15

Approved2019-02-12

Sections Affected

16.11.4.3

Summary

The M1a component of the Total Potential Exposure (TPE) calculation sets a time period meant to reflect the number of days between an Operating Day and the initiation of a Mass Transition of the Market Participant’s Electric Service Identifiers (ESI IDs) (Mass Transition days are reflected in the M1b component). This Nodal Protocol Revision Request (NPRR) replaces the existing fixed value of M1a with a value that can vary based on non-Bank Business Days and ERCOT holidays following the specific Operating Day.

Timeline

2018
Oct 29
PRSFiled by ERCOT
- 907NPRR-01 Revise Definition of M1a to Reflect Actual Calendar Days 102918 Oct 29 '18 · Revision Request
- 907NPRR-02 Impact Analysis 102918 Oct 29 '18 · Staff Report
Nov 15
PRS PRS Meeting
PRSRecommended for Approval
“to recommend approval of NPRR907 as submitted” — Passed

→ Impact Analysis Consideration
Dec 13
PRS PRS Meeting
PRSRecommended for Approval Forwarded → TAC
“to endorse and forward to TAC the 11/15/18 PRS Report as revised by PRS and the Impact Analysis for NPRR907” — Passed

→ Revision Request Consideration
- 907NPRR-03 PRS Report 111518 Nov 16 '18 · Committee Report
- 907NPRR-04 Credit WG Comments 121318 Dec 13 '18 · Revision Request Comments
2019
Jan 30
TAC TAC Meeting
TACRecommended for Approval
“to recommend approval of NPRR907 as recommended by PRS in the 12/13/18 PRS Report” — Passed

→ Revision Request Consideration
- 907NPRR-05 PRS Report 121318 Dec 17 '18 · Committee Report
Feb 12
BOARD Board of Directors Meeting
BOARDApproved
“approved NPRR907 as recommended by TAC in the 1/30/19 TAC Report” — Passed
- 907NPRR-06 TAC Report 013019 Feb 1 '19 · Committee Report
- 907NPRR-07 Board Report 021219 Feb 12 '19 · Committee Report