CWG/MCWG Meeting

    August 15, 2018
    09:30 AM
    ERCOT Austin Room 206A
    7620 Metro Center Dr.
    Austin, TX 78744
    Teleconference: 877-668-4493
    Meeting number: 620 662 051
    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 – July (vote)

    V Spells

    9:40 am

    3

    Discuss NPRR850 Market Suspension and Restart (potential vote)

    D Meek/B Barnes

    9:45 am

    4

    Letter of Credit Concentration Report

     

    10:00 am

     

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

    V Spells

     

    5

    Review Credit Limit for Surety Bonds

    V Spells

    10:30 am

     

    $10 million per Counter-Party per Issuer

       
     

    Review timeline for drawing on Letters of Credit and Surety Bond

       

    6

    Review M1a Calculation

    D Meek

    11:00 am

     

    Utilize actual calendar/holiday dates when determining M1a value

       

    7

    ERCOT Updates

     

    11:20 am

     

    Credit Exposure

    S Papudesi

     
     

    Credit Exposure Scenarios

    M Ruane

     
     

    CMM Tech Refresh Project Update

    V Spells

     

    8

    New Business

    D Meek/B Barnes

    12:00 pm

     

    Adjourn Meeting

    D Meek/B Barnes

    12:10 pm

    Scheduled CWG Meetings