To table NPRR671 and to refer related issues to the Credit Work Group (Credit WG) and to WMS.
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Nov 24, 2014
This NPRR incorporates the procedures in OBDs "Procedures for Setting Nodal Day Ahead Market (DAM) Credit Requirement Parameters" and "Credit Formulas and Detail Whitepaper for the Day-Ahead Market" into the Protocols. In addition, it removes the requirement for annual review of DAM credit parameters while adding change control processes for these parameters consistent with change control processes for other credit parameters.
This NPRR also removes some of the ERCOT discretion associated with validation performance concerns and "significant" bid changes, and simplifies the explanation of the Point-to-Point (PTP) Obligation bid discount.