Market Participant Default Joint Task Force
The Technical Advisory Committee (TAC) created a Retail Market Subcommittee (RMS)/Wholesale Market Subcommittee (WMS) joint task force to review current procedures for market participant default scenarios and to determine whether improvements can be made in the process. The objective of the Market Participant Default Joint Task Force is to minimize or eliminate exposure to the ERCOT market and to end-use customers. WMS is addressing pre-triggering events, issues or items leading up to a market participant default. RMS is addressing post-triggering events or issues and the process for transitioning ESI IDs away from defaulting competitive retailers.