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NPRR1088

Summary

Title: Applying Forward Adjustment Factors to Forward Market Positions and Un-applying Forward Adjustment Factors to Prior Market Positions
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Status: Rejected on 06/09/2022

Action

Date Gov Body Action Taken Next Steps
06/09/2022 PRS Rejected
08/12/2021 PRS Deferred/Tabled PRS for consideration

Voting Record

Date Gov Body Motion Result
06/09/2022 PRS To reject NPRR1088 Passed
08/12/2021 PRS To table NPRR1088 and refer the issue to WMS Passed

Vote tallies here reflect individual votes, not the weight of the votes by market segment. Affirmative votes are not recorded in these vote tallies. For additional details on the voting record, please consult the Recommendation or Action Report, or the official vote tally if available, as posted in the key documents.

Background

Status: Rejected
Date Posted: Jul 26, 2021
Sponsor: Grand Oak Capital Partners, LP
Urgent: No
Sections: 4.4.10 and 16.11.4.3
Description: This Nodal Protocol Revision Request (NPRR) removes the Real-Time Forward Adjustment Factor (RFAF) and the Day-Ahead Forward Adjustment Factor (DFAF) from being applied to prior market positions and instead applies the RFAF and DFAF to ongoing market positions.
Reason: Addresses current operational issues; meets Strategic goals; market efficiencies or enhancements

Key Documents

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