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NPRR439
Summary
| Title | Updating a Counter-Party's Available Credit Limit for Current Day DAM |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 05/15/2012 |
Action
| Date | Gov Body | Action Taken | Next steps |
|---|---|---|---|
| 05/15/2012 | BOARD | Approved | |
| 04/05/2012 | TAC | Recommended for Approval | ERCOT Board Consideration |
| 03/22/2012 | PRS | Recommended for Approval | TAC consideration |
| 02/23/2012 | PRS | Recommended for Approval | PRS review Impact Analysis |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 05/15/2012 | BOARD | To approve NPRR439 as recommended by TAC in the 4/5/12 TAC Report. | Passed |
| 04/05/2012 | TAC | To recommend approval of NPRR439 as recommended by PRS in the 3/22/12 PRS Report | Passed |
| 03/22/2012 | PRS | To endorse and forward the 2/23/12 PRS Report and Impact Analysis for NPRR439 to TAC with a recommended priority of 2012 and rank of 690. | Passed |
| 02/23/2012 | PRS | To recommend approval of NPRR439 as amended by the 2/8/12 ERCOT comments and as revised by PRS. | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | Jan 25, 2012 |
| Sponsor: | ERCOT |
| Urgent: | No |
| Sections: | 16.11.4.6, 16.11.4.6.2 |
| Description: | This Nodal Protocol Revision Request (NPRR) will provide flexibility for Counter-Parties to increase the credit limit available for the Day-Ahead Market (DAM) on the day the DAM is running by posting additional Financial Security under certain circumstances after ERCOT has already set a daily credit limit. |
| Reason: | Although ERCOT has business processes in place on the timing of when it sets the daily credit limit for the next day’s DAM for each Counter-Party, ERCOT could update the credit limit for a Counter-Party if time and resource constraints are not an issue. As such, this NPRR codifies the circumstances in which ERCOT may be able to adjust the credit limit for a Counter-Party for the current day DAM. Please note that ERCOT plans to continue to process Financial Security as it does currently on Business Days. |
Key Documents
Jan 26, 2012 - doc - 68 KB
Jan 25, 2012 - doc - 60.5 KB
Feb 8, 2012 - doc - 56.5 KB
Feb 27, 2012 - doc - 76 KB
Mar 6, 2012 - doc - 39.5 KB
Mar 26, 2012 - doc - 78.5 KB
Apr 5, 2012 - doc - 77.5 KB
May 15, 2012 - doc - 78.5 KB