NPRR #867 · Revision Request

NPRR867 Revisions to CRR Auction Credit Lock Amount to Reduce Excess Collateral

Approved sponsor Credit Work Group posted 2018-02-27 ercot.com

ReasonMarket efficiencies or enhancements

Created2018-04-12

Approved2018-06-12

Sections Affected

16.1116.11.4.6.1

Summary

This Nodal Protocol Revision Request (NPRR) changes the amount of each Counter Party’s Available Credit Limit (ACL) locked for Congestion Revenue Rights (CRR) Auctions during the duration of the auction process so that it is capped at the pre-auction screening credit exposure amount.

Timeline

Feb 27 '18
PRSFiled by Credit Work Group
- 867NPRR-01 Revisions to CRR Auction Credit Lock Amount to Reduce Excess Collateral 022718 Feb 27 '18 · Revision Request
Apr 4 '18
Listed without action at 1 meeting
- WMS Meeting Apr 4 '18
Apr 12 '18
PRS PRS Meeting
PRSRecommended for Approval Recommended for approval
“To recommend approval of NPRR867 as submitted.” — Passed

→ Impact Analysis Consideration
- 867NPRR-02 WMS Comments 040518 Apr 5 '18 · Revision Request Comments
Apr 20 '18
CREDITWG CWG/MCWG Meeting
- 867NPRR-03 PRS Report 041218 Apr 17 '18 · Committee Report
May 10 '18
PRS PRS Meeting
PRSRecommended for Approval Recommended for approval Forwarded → TAC priority 2018 · rank 580
“To endorse and forward to TAC the 4/12/18 PRS Report and the Impact Analysis for NPRR867 with a recommended priority of 2018 and rank of 580.” — Passed

→ Revision Request Consideration
- 867NPRR-04 Credit WG Comments 042318 Apr 23 '18 · Revision Request Comments
- 867NPRR-05 Impact Analysis 050318 May 3 '18 · Staff Report
- 867NPRR-06 PRS Report 051018 May 10 '18 · Committee Report
May 24 '18
TAC TAC Meeting
TACRecommended for Approval Recommended for approval
“To recommend approval of NPRR867 as recommended by PRS in the 5/10/18 PRS Report.” — Passed

→ Revision Request Consideration
- 867NPRR-07 TAC Report 052418 May 24 '18 · Committee Report
Jun 12 '18
BOARD Board of Directors Meeting
BOARDApproved Approved
“To approve NPRR867 as recommended by TAC in the 5/24/18 TAC Report.” — Passed
Jan 20 '21
CREDITWG CWG/MCWG Meeting by Webex Only
- 867NPRR-08 Board Report 061218 Jun 15 '18 · Committee Report
Jul 21 '21
Listed without action at 5 meetings (Jul 21 '21 – Jan 24 '22)
- CWG/MCWG Meeting by Webex Only Jul 21 '21
- CMWG Meeting by Webex Only Aug 16 '21
- CWG/MCWG Meeting by Webex Only Aug 18 '21
- CWG/MCWG Meeting by Webex Only Jan 19 '22
- CMWG Meeting by Webex Only Jan 24 '22