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NPRR671
Summary
| Title | Incorporation of DAM Credit Parameters into Protocols |
|---|---|
| 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 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 |
Background
| 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
Nov 24, 2014 - doc - 137.5 KB
Nov 24, 2014 - doc - 55 KB
Dec 15, 2014 - doc - 151.5 KB
Dec 19, 2014 - doc - 39 KB
Jan 26, 2015 - doc - 39 KB
Feb 13, 2015 - doc - 155.5 KB
Mar 13, 2015 - doc - 156.5 KB
Mar 27, 2015 - doc - 158.5 KB
Apr 2, 2015 - doc - 105 KB
Apr 8, 2015 - doc - 37.5 KB
Apr 14, 2015 - doc - 163.5 KB