NPRR1073  Market Entry/Participation by Principals of Counter-Parties with Financial Obligations

This Nodal Protocol Revision Request (NPRR) modifies ERCOT’s market entry qualification and continued participation requirements for ERCOT Counter-Parties i.e., Qualified Scheduling Entities (QSEs) and Congestion Revenue Right (CRR) Account Holders, and modifies application forms for QSEs and CRR Account Holders. This NPRR makes the following modifications to Section 16, Registration and Qualification of Market Participants: (1) Defines Principals of a Market Participant; and (2) Provides that a QSE/CRR Account Holder applicant or existing QSE/CRR Account Holder must be able to demonstrate to ERCOT’s reasonable satisfaction that its Principals were/are not Principals of a terminated Market Participant with money remaining owed to ERCOT. This NPRR also modifies the QSE/CRR Account Holder applicant form to require disclosure of the Principals of the QSE/CRR Account Holder applicant.