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NPRR1165
Summary
| Title | Revisions to Requirements of Providing Audited Financial Statements and Providing Independent Amount |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 10/12/2023 |
| Effective Dates |
04/01/2024
|
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 10/12/2023 | PUCT | Approved | |
| 08/31/2023 | BOARD | Recommended for Approval | PUCT for consideration |
| 07/25/2023 | TAC | Recommended for Approval | Board for consideration |
| 07/13/2023 | PRS | Recommended for Approval | TAC for consideration |
| 06/14/2023 | PRS | Recommended for Approval | PRS for Impact Analysis consideration |
| 04/13/2023 | PRS | Deferred/Tabled | PRS for consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 10/12/2023 | PUCT | To approve NPRR1165 and accompanying ERCOT Market Impact Statement as presented in Project No. 54445, Review of Rules Adopted by the Independent Organization | Passed |
| 08/31/2023 | BOARD | To recommend approval of NPRR1165 as recommended by TAC in the 7/25/23 TAC Report | Passed |
| 07/25/2023 | TAC | To recommend approval of NPRR1165 as recommended by PRS in the 7/13/23 PRS Report | Passed |
| 07/13/2023 | PRS | To endorse and forward to TAC the 6/14/23 PRS Report and 2/23/23 Impact Analysis for NPRR1165 with a recommended priority of 2023 and rank of 3800 | Passed |
| 06/14/2023 | PRS | To recommend approval of NPRR1165 as amended by the 4/28/23 ERCOT comments | Passed |
| 04/13/2023 | PRS | To table NPRR1165 and refer the issue to the Credit Finance Sub Group (CFSG) | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Feb 23, 2023 |
| Sponsor: | ERCOT |
| Urgent: | No |
| Sections: | 16.2.1, 16.11, 16.11.5, 16.11.8, 16.16.1, 16.16.2, 16.16.3, 16.17, and 22J |
| Description: | This Nodal Protocol Revision Request (NPRR) strengthens ERCOT’s market entry eligibility and continued participation requirements for ERCOT Counter-Parties (i.e., Qualified Scheduling Entities (QSEs) and Congestion Revenue Right (CRR) Account Holders). Specific changes include removing minimum capitalization requirements; requiring all ERCOT Counter-Parties to post Independent Amounts; removing references to guarantors; clarifying the requirement for financial statements; and referencing International Financial Reporting Standards (IFRS) rather than retired International Accounting Standards (IAS). |
| Reason: | Market efficiencies or enhancements |
Key Documents
Feb 23, 2023 - docx - 70.3 KB
Feb 23, 2023 - docx - 30.3 KB
Mar 24, 2023 - docx - 48 KB
Apr 17, 2023 - xls - 140.5 KB
Apr 17, 2023 - docx - 71.7 KB
Apr 28, 2023 - docx - 47.9 KB
May 23, 2023 - xls - 114 KB
May 23, 2023 - docx - 21.6 KB
Jun 15, 2023 - xls - 100.5 KB
Jun 15, 2023 - docx - 69.2 KB
Jun 26, 2023 - docx - 36.5 KB
Jul 14, 2023 - xls - 143.5 KB
Jul 14, 2023 - docx - 70.4 KB
Jul 27, 2023 - xls - 108.5 KB
Jul 27, 2023 - docx - 71.7 KB
Sep 1, 2023 - docx - 72.2 KB
Oct 13, 2023 - docx - 72.7 KB