CRR

Fri, May 01, 2020 01:05 PM

M-D050120-01 2020.JUN.Monthly.Auction


NOTICE DATE:  May 1, 2020

NOTICE TYPE:  M-D050120-01 CRR

SHORT DESCRIPTION: 2020.JUN.Monthly.Auction

INTENDED AUDIENCE:  CRR Account Holders and Counter-Parties

DAYS AFFECTED:  May 1 – 22, 2020

LONG DESCRIPTION:  The tables below contain key dates and parameters for the following Congestion Revenue Right (CRR) Auction:  2020.JUN.Monthly.Auction.

Important Auction Dates

Credit window opens (00:01 CPT)

5/1/2020

Post path specific adders report

5/7/2020

Bid window opens (00:01 CPT)

5/12/2020

Bid and credit windows close (17:00 CPT)

5/14/2020

Post auction results

5/21/2020

Post invoices and release credit

5/22/2020

   

General Auction Parameters

Auction capacity %

90

Per account holder transaction limit

10,000

Preliminary transaction adjustment period limit (per account holder)

996

Total transaction limit

300,000

Bid and offer submittal increments

.1 MW

Minimum option bid price

$0.01

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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