NPRR #760 · Revision Request

NPRR760 Calculation of Exposure Variables For Days With No Activity

Approved sponsor DC Energy Texas posted 2016-03-01 ercot.com

ReasonMarket efficiencies or enhancements

Created2016-04-14

Approved2016-10-11

Sections Affected

16.11.4.3

Summary

Today, the Real-Time Liability Extrapolated (RTLE), the Unbilled Real-Time Amount (URTA), and Day-Ahead Liability Extrapolated (DALE) variables are based on the 14 (RTLE and URTA) or 7 (DALE) most recent calendar days divided by the number of Real-Time Market (RTM) Initial Statements generated for the Counter-Party in the same period. Operating Days with zero activity are not captured in the above calculations since RTM Initial Statements are not generated for those Operating Days. This Nodal Protocol Revision Request (NPRR) would correct this by capturing the Operating Days with zero activity in the denominator of the RTLE, URTA, and DALE calculations.

Timeline

Mar 1 '16
PRSFiled by DC Energy Texas
- 760NPRR-01 Calculation of Exposure Variables For Days With No Activity 030116 Mar 1 '16 · Revision Request
Apr 14 '16
PRS PRS Meeting
PRSDeferred/Tabled Tabled Referred → CREDIT WG
“To table NPRR760 and refer the issue to the Credit Work Group (Credit WG).” — Passed

→ Language Consideration
May 12 '16
PRS PRS Meeting
- 760NPRR-02 PRS Report 041416 Apr 18 '16 · Committee Report
- 760NPRR-03 DC Energy Texas Comments 051016 May 11 '16 · Revision Request Comments
May 18 '16
Listed without action at 2 meetings (May 18 '16 – Jun 16 '16)
- CWG/MCWG Meeting May 18 '16
- PRS Meeting Jun 16 '16
Jun 22 '16
CREDITWG CWG/MCWG Meeting
- 760NPRR-04 Credit WG Comments 062216 Jun 22 '16 · Revision Request Comments
Jul 14 '16
PRS PRS Meeting
PRSRecommended for Approval Recommended for approval Amended by the May 10 '16 DC Energy comments
“To recommend approval of NPRR760 as amended by the 5/10/16 DC Energy Comments.” — Passed

→ Impact Analysis Consideration
Aug 11 '16
PRS PRS Meeting
PRSRecommended for Approval Recommended for approval Forwarded → TAC priority 2016 · rank 1558
“To endorse and forward to TAC the 7/14/16 PRS Report and Impact Analysis for NPRR760 with a recommended priority of 2016 and a rank of 1558.” — Passed

→ Revision Request Consideration
- 760NPRR-05 PRS Report 071416 Jul 19 '16 · Committee Report
- 760NPRR-06 Impact Analysis 080416 Aug 4 '16 · Staff Report
Aug 25 '16
TAC TAC Meeting
TACRecommended for Approval Recommended for approval
“To recommend approval of NPRR760 as recommended by PRS in the 8/11/16 PRS Report.” — Passed

→ Revision Request Consideration
- 760NPRR-07 PRS Report 081116 Aug 15 '16 · Committee Report
Oct 11 '16
BOARD Board of Directors Meeting
BOARDApproved Recommended for approval
“To approve NPRR760 as recommended by TAC in the 8/25/15 TAC Report.” — Passed
- 760NPRR-08 TAC Report 082516 Aug 29 '16 · Committee Report
- 760NPRR-09 Board Report 101116 Oct 11 '16 · Committee Report