To approve NPRR497 as recommended by TAC in the 11/29/12 TAC Report.
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.
Oct 31, 2012
16.11, 184.108.40.206, 220.127.116.11, 16.11.5
This Nodal Protocol Revision Request (NPRR) corrects language within NPRR400, Eliminate Unsecured Credit for CRR Auctions and for Future Credit Exposure and Eliminate Netting of FCE with CCE, which was approved by the ERCOT Board on October 18, 2011. Modifications include the following:
· Available credit limits for the CRR Auction (ACLC) and Available Limit for the DAM (ACLD) must be positive values;
· Brackets in Minimum Collateral Exposure (MCE) calculation corrected; and
· Ensure that collateral requests to cover non-CRR exposures are not overstated because of potential negative Remainder Collateral values.
To correct current Protocol language implemented by NPRR400.