NPRR #670 · Revision Request

NPRR670 Clarification of Portfolio Weighted Auction Clearing Price (PWACP)

Approved sponsor ERCOT posted 2014-11-24 ercot.com

ReasonMeets Strategic goals Market efficiencies or enhancements

Created2014-12-11

Approved2015-04-14

Sections Affected

7.5.5.316.11.4.5

Summary

This Nodal Protocol Revision Request (NPRR) provides additional clarifications to Effective Auction Clearing Price and PWACP calculations related to Point-to-Point (PTP) Obligations collateralization.

Timeline

Nov 24 '14
PRSFiled by ERCOT
- 670NPRR-01 Clarification of Portfolio Weighted Auction Clearing Nov 24 '14 · Revision Request
- 670NPRR-02 Impact Analysis 112414 Nov 24 '14 · Staff Report
Dec 11 '14
PRS PRS Meeting
PRSDeferred/Tabled Tabled Referred → CREDIT WG Referred → WMS
“To table NPRR670 and to refer related issues to the Credit Work Group (Credit WG) and to WMS.” — Passed

→ PRS for consideration
- 670NPRR-03 PRS Report 121114 Dec 11 '14 · Committee Report
Jan 15 '15
PRS PRS Meeting
- 670NPRR-04 Credit WG Comments 121914 Dec 19 '14 · Revision Request Comments
Jan 20 '15
Listed without action at 1 meeting
- CWG/MCWG Meeting Jan 20 '15
Feb 12 '15
PRS PRS Meeting
PRSRecommended for Approval Recommended for approval Amended by the Jan 26 '15 Credit WG comments
“To recommend approval of NPRR670 as amended by the 1/26/15 Credit WG comments” — Passed

→ PRS for Impact Analysis review
- 670NPRR-05 Credit WG Comments 012615 Jan 26 '15 · Revision Request Comments
Mar 12 '15
PRS PRS Meeting
PRSRecommended for Approval Recommended for approval Forwarded → TAC Amended by the Mar 11 '15 ERCOT comments
“On 3/12/15, PRS unanimously voted to endorse and forward to TAC the 2/12/15 PRS report as amended by the 3/11/15 ERCOT comments and the Impact Analysis for NPRR670.” — Passed

→ Revision Request Consideration
- 670NPRR-06 PRS Report 021215 Feb 13 '15 · Committee Report
- 670NPRR-07 ERCOT Comments 031115 Mar 11 '15 · Revision Request Comments
Mar 26 '15
TAC TAC Meeting
TACRecommended for Approval Recommended for approval
“To recommend approval of NPRR670 as recommended by PRS in the 3/12/15 PRS Report.” — Passed

→ Revision Request Consideration
- 670NPRR-08 PRS Report 031215 Mar 13 '15 · Committee Report
Apr 14 '15
BOARD Board of Directors Meeting
BOARDApproved Recommended for approval
“To recommend approval of NPRR670 as recommended by PRS in the 3/12/15 PRS Report.” — Passed
- 670NPRR-09 TAC Report 032615 Mar 27 '15 · Committee Report
- 670NPRR-10 Board Report 041415 Apr 14 '15 · Committee Report