Title Clarifications for Repossessions of CRRs by ERCOT
Next Group
Next Step
Status Approved on 12/12/2017
Effective Dates


Date Gov Body Action Taken Next steps
12/12/2017 BOARD Approved
11/30/2017 TAC Recommended for Approval Revision Request Consideration
11/09/2017 PRS Recommended for Approval Revision Request Consideration
10/12/2017 PRS Recommended for Approval Impact Analysis Consideration
07/20/2017 PRS Deferred/Tabled Language Consideration

Voting Record

Date Gov Body Motion Result
12/12/2017 BOARD Approved NPRR834 as recommended by TAC in the 11/30/17 TAC Report. Passed
11/30/2017 TAC To recommend approval of NPRR834 as recommended by PRS in the 11/9/17 PRS Report. Passed
11/09/2017 PRS To endorse and forward to TAC the 10/12/17 PRS Report as amended by the 10/31/17 ERCOT comments and the Impact Analysis for NPRR834. Passed
10/12/2017 PRS To recommend approval of NPRR834 as amended by the 8/8/17 ERCOT comments. Passed
07/20/2017 PRS To table NPRR834 and refer the issue to WMS. Passed


Status: Approved
Date Posted: Jun 7, 2017
Sponsor: ERCOT
Urgent: No
Description: This Nodal Protocol Revision Request (NPRR) clarifies processes associated with repossession of Congestion Revenue Rights (CRRs) by ERCOT in circumstances where there has been a Payment Breach or other Default by a Market Participant by: 1. Specifying data transparency requirements; 2. Documenting the disposition of auction revenue funds in excess of amounts owed to ERCOT by the Market Participant; 3. Clarifying that the one-time auction bids must be positive; and allowing immediate transfer of ownership of CRRs to the winning bidder in a one-time CRR auction if this is necessary to ensure the correctness of the inventory for subsequent CRR auctions.
Reason: Addresses current operational issues. Market efficiencies or enhancements.

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