NPRR #300 · Revision Request
NPRR300 Municipal Owned Utility Addition to Determination of Total Potential Exposure for a Counter-Party
ReasonAs required by Texas State law, municipal governments cannot enter into an Agreement that allows first priority security.
Created2011-01-20
Rejected2011-07-21
Sections Affected
16.11.4.1
Summary
This Nodal Protocol Revision Request (NPRR) adds Municipally Owned Utilities (MOUs) to the list of Entities exempt from the requirement to grant ERCOT a first priority security interest in order for Total Potential Exposure (TPE) of a Counter-Party to be based on the algebraic sum of the Counter-Party’s current and future credit exposures.
Timeline
- Dec 3 '10
-
Jan 7 '11
Listed without action at 1 meeting
- Jan 20 '11
- Mar 24 '11
-
Apr 21 '11
Listed without action at 3 meetings (Apr 21 '11 – Jun 23 '11)
- Jul 21 '11
- Aug 4 '11