Credit

Tue, Nov 17, 2020 01:00 PM

M-A102620-02 Update - Total Potential Exposure (TPE) calculations affected by system issues


NOTICE DATE: November 17, 2020

NOTICE TYPE: M-A102620-02 Financial/Credit

SHORT DESCRIPTION: Update - Total Potential Exposure (TPE) calculations affected by system issues

INTENDED AUDIENCE: ERCOT Counter-Parties

DAYS AFFECTED: October 23, 2020

LONG DESCRIPTION: On October 26, 2020, ERCOT issued a Market Notice notifying Market Participants that ERCOT identified a system issue related to the calculation of estimated Load volumes for Operating Day (OD) October 23, 2020, which impacted Estimated Aggregate Liability (EAL) values contained in credit reports generated on October 24, 2020. ERCOT has determined that the issue was caused by an error in the upgrade of a database used by ERCOT's Credit Monitoring and Management (CMM) system. ERCOT resolved the issue on November 12, 2020.

ADDITIONAL INFORMATION: Please review the ERCOT website for previous Market Notices related to this subject.

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.

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