NPRR #1083 · Revision Request
NPRR1083 Modification of Uplift Allocation Rules to Address Role of Central Counter-Party Clearinghouses
ReasonMeets Strategic goals. Market efficiencies or enhancements.
Created2021-07-15
Approved2021-08-19
Sections Affected
9.19.1 and 9.19.4
Summary
This Nodal Protocol Revision Request (NPRR) effectuates newly enacted Section 39.159 of the Texas Utilities Code, by prohibiting the allocation of uplift charges to Qualified Scheduling Entities (QSEs) that: (1) otherwise would be subject to uplift charges solely as a result of acting as central Counter-Party clearinghouses in wholesale market transactions in ERCOT; and (2) are regulated as Derivatives Clearing Organizations (DCOs) as defined by the Commodity Exchange Act, 7 U.S.C. § 1a.
Timeline
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Jun 25 '21
PRSFiled by ICE NGX Canada Inc.
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Jul 15 '21
PRS PRS Meeting by Webex OnlyPRSRecommended for Approval Urgent status Recommended for approval Amended by the Jul 14 '21 ICE NGX comments Forwarded → TAC“To grant NPRR1083 Urgent status; to recommend approval of NPRR1083 as amended by the 7/14/21 ICE NGX comments; and to forward to TAC NPRR1083” — Passed→ TAC for consideration
- Jul 21 '21
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Jul 28 '21
TAC TAC Meeting by Webex OnlyTACRecommended for Approval Recommended for approval“To recommend approval of NPRR1083 as recommended by PRS in the 7/15/21 PRS Report with a recommended effective date of upon PUCT approval; and the Revised Impact Analysis” — Passed→ Board for consideration
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Aug 10 '21
BOARD Urgent Board of Directors Meeting – Teleconference Available by WebcastBOARDRecommended for Approval Recommended for approval“To recommend approval of NPRR1083 as recommended by TAC in the 7/28/21 TAC Report” — Passed→ PUCT for consideration
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Aug 19 '21
PUCTPUCTApproved Approved“To approve NPRR1083 and accompanying ERCOT Market Impact Statement as presented in Project No. 52307” — Passed