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Joint Credit Working Group (CWG)/Market Credit Working Group (MCWG) Meeting

March 28, 2012
09:00 AM - 04:00 PM
ERCOT Austin
8000 Metropolis (Building E), Suite 100
Austin, TX 78744
Room 206B
Teleconference: 877-668-4493
Meeting number: 650 174 521
Meeting password: CWGMCWG123

Agenda

 

Open Meeting

T Nikazm/ M Holler

9:00 a.m.

1

Antitrust Admonition

V Spells

9:05 - 9:10

2

Approval of minutes from February 29  (vote)

T Nikazm

9:10 - 9:15

3

Review of NPRRs for credit implications (vote)

V Spells

9:15 - 9:30

4

Review Surety Bond form (vote)

C Seely

9:30 - 9:50

5

Approval of CWG Charter

T Nikazm

9:50 - 10:05

6

Review  Creditworthiness Standards (vote)

V Spells

10:05 - 10:45

7

Review Day Ahead Market (DAM) Collateral Parameters Process (vote)

(Consider impact of Credit Requirements in light of Power Balance Penalty Curve Modifications)

C Yager

 

 

10:45 - 11:15

8

New Business

T Nikazm/M Holler

11:15 - 11:20 

 

Adjourn Meeting

T Nikazm/M Holler

11:20

Scheduled MCWG Meetings

Key Documents

Item 2 CWG Minutes of Meeting
CWG Minutes of Meeting Feb 29 2012 draft
Mar 26, 2012 - doc - 77.5 KB
Item 3 NPRRs
NPRRs for Review
Mar 25, 2012 - ppt - 110 KB
Item 3A NPRRs for Review
NPRRs for Review
Mar 27, 2012 - zip - 205.9 KB
Item 4A ERCOT Surety Bond
ERCOT Surety Bond-ERCOT second revised 3-20-2012
Mar 26, 2012 - doc - 99.5 KB
Item 4B ERCOT Surety Bond COMPARE
ERCOT Surety Bond-ERCOT second revised 3-20-2012 COMPARE
Mar 26, 2012 - doc - 104 KB
Item 5 Credit WG Charter
Credit WG Charter_2012_0220_approved_proposed change
Mar 26, 2012 - doc - 92 KB
Item 6A Creditworthiness Standards
Creditworthiness Standards_2011_1018_draft 2012_0223
Mar 26, 2012 - doc - 87 KB
Item 6B Creditworthiness Standards
Creditworthiness Standards_Summary of CWG Comments
Mar 26, 2012 - doc - 38 KB
Item 7A Nodal DAM Credit Requirement Parameters
Procedures for Setting Nodal DAM Credit Requirement Para
Mar 26, 2012 - doc - 41 KB
Item 7B DAM Credit Requirement Parameters-NRG
Procedures for Setting Nodal DAM Credit Requirement Para
Mar 26, 2012 - doc - 45 KB

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