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NPRR563

Summary

Title: Credit Lock Standards
Next Group:
Next Step:
Status: Approved on 02/11/2014
Effective Dates:
03/01/2014

Action

Date Gov Body Action Taken Next Steps
02/11/2014 BOARD Approved
12/03/2013 TAC Recommended for Approval ERCOT Board consideration
11/21/2013 PRS Recommended for Approval TAC for consideration
10/17/2013 PRS Recommended for Approval PRS for IA review
09/19/2013 PRS Deferred/Tabled PRS for consideration

Voting Record

Date Gov Body Motion Result
02/11/2014 BOARD To approve NPRR563 as recommended by TAC in the 12/3/13 TAC Report. Passed
12/03/2013 TAC To recommend approval of NPRR563 as recommended by PRS in the 11/21/13 PRS Report. Passed
11/21/2013 PRS To endorse and forward the 10/17/13 PRS Report and the Impact Analysis to TAC. Passed
10/17/2013 PRS To recommend approval of NPRR563 as amended by the 10/15/13 ERCOT comments. Passed
09/19/2013 PRS To table NPRR563 and to refer the issue to WMS. 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: Aug 16, 2013
Sponsor: Morgan Stanley
Urgent: No
Sections: 16.11.4.6.1
Description: This Nodal Protocol Revision Request (NPRR) removes ERCOT’s discretion to allow Counter-Parties participating in a Congestion Revenue Right (CRR) Auction to post credit past the end of the CRR bid submission window.
Reason: ERCOT should not be in the position of allowing non-compliant parties into the market based on ERCOT’s sole discretion. It is unfair to ERCOT to place it in the position of determining whether special privilege should be given to a Market Participant and it is unfair to the other Market Participants who followed the rules.

Key Documents

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