NOTICE DATE:  June 5, 2019

NOTICE TYPE: M-A060519-01 CRR

SHORT DESCRIPTION: 2020.2nd6.AnnualAuction.Seq3 CRR Auction

INTENDED AUDIENCE:  CRR Account Holders and Counter-Parties

DAYS AFFECTED:  June 5 – July 12, 2019

LONG DESCRIPTION:  The tables below contain key dates and parameters for the following Congestion Revenue Right (CRR) Auction:  2020.2nd6.AnnualAuction.Seq3.

Important Auction Dates

Credit window opens (00:01 CPT)	6/5/2019
Post path specific adders report	6/20/2019
Bid window opens (00:01 CPT)	6/25/2019
Bid and credit windows close (17:00 CPT)	6/27/2019
Post auction results	7/11/2019
Post invoices and release credit	7/12/2019

 

General Auction Parameters

Auction capacity %	40
Per account holder transaction limit	4000
Preliminary transaction adjustment period limit (per account holder)	1098
Total transaction limit	300,000
Bid and offer submittal increments	.1MW
Minimum option bid price	$0.01
Methodology for deriving load distribution factors	In accordance with the methodology specified in Section 4.5.1(5)
CRR application currently supports	IE 11
Specifications for the equipment and interfaces necessary to participate in CRR auctions	CRR Market User Interface Specifications CRR Market User Interface Handbook

 

ADDITIONAL INFORMATION:  Additional Market Notices will be sent if a transaction adjustment period is needed for this auction or if the auction results are posted on a different date than specified in the table above.

The CRR Activity Calendar is located in the CRR Information portlet on the Market Information System (MIS) and on the Congestion Revenue Rights page on ERCOT.com. An ERCOT digital certificate is required to access the MIS.

Information about proxy Settlement Points used in calculating CRR credit exposure can be found in the “DAM Proxy Settlement Points” list posted on the Credit page on ERCOT.com.

CONTACT: If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via email at ClientServices@ercot.com.

If you are receiving email from a public ERCOT distribution list that you no longer wish to receive, please follow this link in order to unsubscribe from this list: http://lists.ercot.com.

 

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