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

May 23, 2013
09:30 AM - 04:30 PM
ERCOT Austin
8000 Metropolis (Building E), Suite 100
Austin, TX 78744
Room 168
Teleconference: 877-668-4493
Meeting number: 656 384 633
Meeting password: CWGMCWG0523

Agenda

Open Meeting

L Martin

9:30 a.m.

1

Antitrust Admonition

V Spells

9:30 - 9:35 a.m.

2

Opening Comments

L Martin

9:35 - 9:45 a.m.

3

Presentation of Current Credit Conditions

L Martin/V Spells

9:45 - 10:15 a.m.

4

Open Discussion:

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

  • Price Percentile
  • eFactors
  • RT-DA spread (currently 90%)
  • PTP Obligation discount (currently 80%)

10:15 - 12:00 p.m.

 

 

Lunch

 

 

12:00 - 1:00 p.m.

5

Continue Discussion:

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

  • Price Percentile
  • eFactors
  • RT-DA spread (currently 90%)
  • PTP Obligation discount (currently 80%)

1:00 - 4:30  p.m.

 

Adjourn Meeting

L Martin

4:30 p.m.

 

Scheduled CREDITWG Meetings

Key Documents

CWG DAM Parameters CRR Deration
CWG_DAM_parameters_discussion_052313_v2
May 22, 2013 - ppt - 2.9 MB
May 21, 2013 - ppt - 301 KB

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