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NPRR1122
Summary
| Title | Clarifications for PURA Subchapter M Securitization Default Charges |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 05/12/2022 |
| Effective Dates |
06/01/2022
|
Action
| Date | Gov Body | Action Taken | Next steps |
|---|---|---|---|
| 05/12/2022 | PUCT | Approved | |
| 04/28/2022 | BOARD | Recommended for Approval | PUCT for consideration |
| 03/30/2022 | TAC | Recommended for Approval | Board for consideration |
| 03/09/2022 | PRS | Recommended for Approval | TAC for consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 05/12/2022 | PUCT | To approve NPRR1122 and accompanying ERCOT Market Impact Statement as presented in Project No. 52934, Review of Rules Adopted by the Independent Organization | |
| 04/28/2022 | BOARD | To recommend approval of NPRR1122 as recommended by TAC in the 3/30/22 TAC Report | Passed |
| 03/30/2022 | TAC | To recommend approval of NPRR1122 as recommended by PRS in the 3/9/22 PRS Report; and the Revised Impact Analysis | Passed |
| 03/09/2022 | PRS | To grant NPRR1122 Urgent status; to recommend approval of NPRR1122 as revised by PRS; and to forward to TAC NPRR1122 and the Impact Analysis | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Feb 24, 2022 |
| Sponsor: | ERCOT |
| Urgent: | Yes |
| Sections: | 26.5.3, 26.5.4, and 26.5.7 |
| Description: | This Nodal Protocol Revision Request (NPRR) clarifies that ERCOT shall retain all Securitization Default Charge escrow deposits to cover, if necessary, potential future obligations for Securitization Default Charges, without the limitation that this is only after termination of a Market Participant’s Standard Form Market Participant Agreement. In addition, the NPRR clarifies that funds provided for Securitization Default Charge escrow deposits must be sent to the correct account to be properly credited. Finally, this NPRR corrects a subscript definition error in the Securitization Default Charge Maximum MWh Activity Ratio Share. |
| Reason: | Addresses current operational issues / Market efficiencies or enhancements |
Key Documents
Feb 24, 2022 - docx - 43.8 KB
Feb 24, 2022 - docx - 31.1 KB
Mar 10, 2022 - xls - 144.5 KB
Mar 10, 2022 - docx - 48.4 KB
Mar 15, 2022 - docx - 28.2 KB
Mar 21, 2022 - docx - 31.4 KB
Apr 1, 2022 - xls - 112 KB
Apr 1, 2022 - docx - 49.2 KB
Apr 29, 2022 - docx - 46.7 KB
May 17, 2022 - docx - 47 KB