Title: Incorporation of DAM Credit Parameters into Protocols
Next Group:
Next Step:
Status: Approved on 04/14/2015
Effective Dates:


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 approve NPRR671 as recommended by TAC in the 3/26/15 TAC Report. Passed
03/26/2015 TAC To recommend approval of NPRR671 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 and Impact Analysis for NPRR671. Passed
02/12/2015 PRS To recommend approval of NPRR671 as submitted Passed
12/11/2014 PRS To table NPRR671 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.


Status: Approved
Date Posted: Nov 24, 2014
Sponsor: ERCOT
Urgent: No
Sections: 4.4.10
Description: 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.
Reason: Meets Strategic goals

Key Documents

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