Title “mp” Definition Revision
Next Group
Next Step
Status Approved on 06/08/2021
Effective Dates


Date Gov Body Action Taken Next steps
06/08/2021 BOARD Approved
05/26/2021 TAC Recommended for Approval Board for consideration
04/28/2021 TAC Deferred/Tabled TAC for consideration
04/15/2021 PRS Recommended for Approval TAC for consideration

Voting Record

Date Gov Body Motion Result
06/08/2021 BOARD To approve NPRR1074 as recommended by TAC in the 5/26/21 TAC Report Passed
05/26/2021 TAC 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 Passed
04/28/2021 TAC To table NPRR1074 Passed
04/15/2021 PRS To grant NPRR1074 Urgent status; to recommend approval of NPRR1074 as submitted; and to forward to TAC NPRR1074 Passed


Status: Approved
Date Posted: Apr 6, 2021
Sponsor: Morgan Stanley Capital Group, Inc.
Urgent: Yes
Sections: 9.19.1
Description: 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.
Reason: 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.

Key Documents

Related Content