To recommend approval of NPRR1074 as recommended by PRS in the 4/15/21 PRS Report as amended by the 4/21/21 ERCOT comments, and the Impact Analysis for NPRR1074, with a recommended effective date of upon ERCOT Board approval
To grant NPRR1074 Urgent status; to recommend approval of NPRR1074 as submitted; and to forward to TAC NPRR1074
Apr 6, 2021
Morgan Stanley Capital Group, Inc.
This Nodal Protocol Revision Request (NPRR) changes the definition of “mp” in the credit default allocation calculations by changing “non-defaulting” to specify that the Market Participant has MWh activity in the reference month and is a currently-registered Qualified Scheduling Entity (QSE) or Congestion Revenue Right (CRR) Account Holder or voluntarily terminated its QSE or CRR Account Holder registration.
The original language contemplated that only non-defaulting parties would be left to be invoiced for the default. This change notes that some Entities still exist that have defaulted and should still be assigned a share of a default.