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NPRR670

Summary

Title: Clarification of Portfolio Weighted Auction Clearing Price (PWACP)
Next Group:
Next Step:
Status: Approved on 04/14/2015
Effective Dates:
05/01/2015

Action

Date Gov Body Action Taken Next Steps
04/14/2015 BOARD Approved
03/26/2015 TAC Recommended for Approval Revision Request Consideration
03/12/2015 PRS Recommended for Approval Revision Request Consideration
02/12/2015 PRS Recommended for Approval PRS for Impact Analysis review
12/11/2014 PRS Deferred/Tabled PRS for consideration

Voting Record

Date Gov Body Motion Result
04/14/2015 BOARD To recommend approval of NPRR670 as recommended by PRS in the 3/12/15 PRS Report. Passed
03/26/2015 TAC To recommend approval of NPRR670 as recommended by PRS in the 3/12/15 PRS Report. Passed
03/12/2015 PRS On 3/12/15, PRS unanimously voted to endorse and forward to TAC the 2/12/15 PRS report as amended by the 3/11/15 ERCOT comments and the Impact Analysis for NPRR670. Passed
02/12/2015 PRS To recommend approval of NPRR670 as amended by the 1/26/15 Credit WG comments Passed
12/11/2014 PRS To table NPRR670 and to refer related issues to the Credit Work Group (Credit WG) and 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: Nov 24, 2014
Sponsor: ERCOT
Urgent: No
Sections: 7.5.5.3, 16.11.4.5
Description: This Nodal Protocol Revision Request (NPRR) provides additional clarifications to Effective Auction Clearing Price and PWACP calculations related to Point-to-Point (PTP) Obligations collateralization.
Reason: Meets Strategic goals Market efficiencies or enhancements

Key Documents

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