PRR431
| Title: |
Collateral Requirements for RBS and EAL
|
| Next Group: |
|
| Next Step: |
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| Status: |
Approved
on 08/19/2003
|
| Date |
Gov Body |
Action Taken |
Next Steps |
| |
| No Updates have been made to this issue. |
| Date |
Gov Body |
Motion |
Result |
Against |
Abstentions |
| |
| No Updates have been made to this issue. |
Vote tallies here reflect individual votes, not the weight of the votes by market segment. Affirmative votes are not recorded in these vote tallies. For additional details on the voting record, please consult the Recommendation or Action Report, or the official vote tally if available, as posted in the key documents.
| Status: |
Approved
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| Date Posted: |
06/19/2003
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| Sponsor: |
ERCOT on behalf of Credit Workgroup
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| Urgent: |
Yes
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| Sections: |
16.2.7, 16.2.8, 16.2.9
|
| Description: |
This PRR would add a new section to calculate additional collateral requirements for QSEs intending to utilize the Balancing Energy Service more than 20%; excludes certain portions of the EAL calculation from the 60-day "look back" provision; reduces the number of days in which collateral must be posted from 3 to 2; and allows ERCOT to accelerate the due date on all outstanding amounts owed in the event of a late payment.
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| Reason: |
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(07/26/04, .doc, 122 KB)
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(07/26/04, .doc, 136 KB)
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(07/26/04, .doc, 101.5 KB)
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(07/26/04, .doc, 143.5 KB)
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(07/26/04, .doc, 124 KB)
