1.

Antitrust Admonition

9:30 a.m.

2.

Approval of CWG Meeting Minutes – November 11, 2021 (Vote)

Z Zapanta / L Martin

9:35 a.m.

3.

CWG / MCWG 2022 Leadership

Z Zapanta

9:40 a.m.

4.

Discuss 2022 Goals (Vote)

Leadership

9:50 a.m.

5.

Review Credit Work Group Charter

Leadership

 10:10 a.m.

6.

Review NPRRs for Credit Implications (Vote)

• NPRR 1112 – Elimination of Unsecured Credit Limits

• NPRR 1114 – Securitization Subchapter N Uplift Charges

Z Zapanta / L Martin

 10:15 a.m.

7.

Revision Requests Tabled at CWG/MCWG (Possible Vote)

• NPRR 1067 – Market Entry Qualifications, Continued Participation Requirements, and Credit Risk Assessment

• NPRR 1088 – Applying Forward Adjustment Factors to Forward Market Positions and Un-applying Forward Adjustment Factors to Prior Market Positions

L Martin / S Siddiqi

 11:00 a.m.

8.

Default uplift methodology

S Cochran / A Rosel

11:15 a.m.

9.

Locked CRR Auction Credit

D. House

11:45 a.m.

10.

ERCOT Updates

• Credit Exposure

S Papudesi

12:15 p.m.

11.

New Business

Adjourn