NOTICE DATE: November 25, 2020 NOTICE TYPE: M-C112520-01 CRR SHORT DESCRIPTION: 2021.JAN.Monthly.Auction INTENDED AUDIENCE: CRR Account Holders and Counter-Parties DAYS AFFECTED: November 25 – December 18, 2020 LONG DESCRIPTION: The tables below contain key dates and parameters for the following Congestion Revenue Right (CRR) Auction: 2021.JAN.Monthly.Auction. Important Auction Dates Credit window opens (00:01 CPT) 11/25/2020 Post path specific adders report 12/3/2020 Bid window opens (00:01 CPT) 12/8/2020 Bid and credit windows close (17:00 CPT) 12/10/2020 Post auction results 12/17/2020 Post invoices and release credit 12/18/2020 General Auction Parameters Auction capacity % 90 Per account holder transaction limit 10,000 Preliminary transaction adjustment period limit (per account holder) 945 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 on the Market Information System (MIS) and on the Congestion Revenue Rights page on ERCOT.com. 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 . mm