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