NPRR #671 · Revision Request
NPRR671 Incorporation of DAM Credit Parameters into Protocols
ReasonMeets Strategic goals
Created2014-12-11
Approved2015-04-14
Sections Affected
4.4.10
Summary
This NPRR incorporates the procedures in OBDs "Procedures for Setting Nodal Day Ahead Market (DAM) Credit Requirement Parameters" and "Credit Formulas and Detail Whitepaper for the Day-Ahead Market" into the Protocols. In addition, it removes the requirement for annual review of DAM credit parameters while adding change control processes for these parameters consistent with change control processes for other credit parameters. This NPRR also removes some of the ERCOT discretion associated with validation performance concerns and "significant" bid changes, and simplifies the explanation of the Point-to-Point (PTP) Obligation bid discount.
Timeline
- Nov 24 '14
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Dec 11 '14
PRS PRS MeetingPRSDeferred/Tabled Tabled Referred → CREDIT WG Referred → WMS“To table NPRR671 and to refer related issues to the Credit Work Group (Credit WG) and to WMS.” — Passed→ PRS for consideration
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Dec 12 '14
Listed without action at 1 meeting
- Jan 15 '15
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Jan 20 '15
Listed without action at 1 meeting
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Feb 12 '15
PRS PRS MeetingPRSRecommended for Approval Recommended for approval“To recommend approval of NPRR671 as submitted” — Passed→ PRS for Impact Analysis review
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Mar 12 '15
PRS PRS MeetingPRSRecommended for Approval Recommended for approval Forwarded → TAC“On 3/12/15, PRS unanimously voted to endorse and forward to TAC the 2/12/15 PRS Report and Impact Analysis for NPRR671.” — Passed→ Revision Request Consideration
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Mar 26 '15
TAC TAC MeetingTACRecommended for Approval Recommended for approval“To recommend approval of NPRR671 as recommended by PRS in the 3/12/15 PRS Report.” — Passed→ Revision Request Consideration
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Apr 14 '15
BOARD Board of Directors MeetingBOARDApproved Approved“To approve NPRR671 as recommended by TAC in the 3/26/15 TAC Report.” — Passed