CWG/MCWG Meeting

    July 18, 2018
    09:30 AM
    ERCOT Austin Room 206
    7620 Metro Center Dr.
    Austin, TX 78744
    Teleconference: 877-668-4493
    Meeting number: 624 977 944
    Meeting password: Credit

    Agenda
     

    Open Meeting

    D Meek/B Barnes

    9:30 am

    1

    Antitrust Admonition

    V Spells

    9:35 am

    2

    Approval of CWG Meeting Minutes – June (vote)

    V Spells

    9:40 am

    3

    Review of NPRRs for credit implications (vote)

    V Spells

    9:45 am

    4

    Discuss NPRR850 Market Suspension and Restart (potential vote)

    D Meek/B Barnes

    10:00 am

    5

    Review Credit Parameters

    D Meek/B Barnes

    10:30 am

     

    NPRR 800

       
     

    M1a

       

    6

    ERCOT Updates

     

    11:15 am

     

    Credit Exposure

    S Papudesi

     
     

    Credit Exposure Scenarios

    Review Forward Adjustment factors for July 16th and 17th

    M Ruane

    V Spells

     

    7

    Letter of Credit Concentration Report

     

    11:35 am

     

    Review Letter of Credit limits when the credit rating of an Issuer has been downgraded

    V Spells

     

    8

    Review Credit Limit for Surety Bonds

    C Jackson

    11:55 am

     

    $10 million per Counter-Party per Issuer

       

    9

    New Business

    D Meek/B Barnes

    12:25 pm

     

    Adjourn Meeting

    D Meek/B Barnes

    12:30 pm

    Scheduled CWG Meetings