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NPRR226

Summary

Title: Procedure for Setting DAM Credit Requirement Parameters (formerly Procedure for Setting DAM Auction Credit Requirement Parameters)
Next Group:
Next Step:
Status: Approved on 07/20/2010
Effective Dates:
12/01/2010

or per the Nodal Protocol Transition Plan http://www.ercot.com/mktrules/protocols (08/01/10 Nodal Protocols Library)

Action

Date Gov Body Action Taken Next Steps
06/17/2010 PRS Recommended for Approval TAC for consideration.
07/01/2010 TAC Recommended for Approval ERCOT Board for consideration.
05/20/2010 PRS Recommended for Approval PRS for Impact Analysis review.
07/20/2010 BOARD Approved

Voting Record

Date Gov Body Motion Result
06/17/2010 PRS To endorse and forward the 5/20/10 PRS Report as revised by PRS and the Impact Analysis for NPRR226 to TAC. Passed
07/01/2010 TAC To recommend approval of NPRR226 as recommended by PRS in the 6/17/10 PRS Report. Passed
05/20/2010 PRS To recommend approval of NPRR226 as amended by the 5/19/10 WMS comments. Passed
07/20/2010 BOARD To approve NPRR226 as recommended by TAC in the 7/1/10 TAC Report. 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: Approved
Date Posted: Apr 15, 2010
Sponsor: ERCOT
Urgent: No
Sections: 4.4.10
Description: This Nodal Protocol Revision Request (NPRR) provides language revisions to align the Nodal Protocols with the procedure developed to implement the changes approved by the ERCOT Board in NPRR 206, Nodal Market Day-Ahead Market Credit Requirements, on 2/16/10.
Reason: This NPRR proposes revisions that allow for greater independence among exposure adjustment calculations and provides an additional proxy for initial prices upon inception of the Day-Ahead Market (DAM).

Key Documents

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