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NPRR1083

Summary

Title Modification of Uplift Allocation Rules to Address Role of Central Counter-Party Clearinghouses
Next Group
Next Step
Status Approved on 08/19/2021
Effective Dates
08/20/2021

Action

Date Gov Body Action Taken Next Steps
08/19/2021 PUCT Approved
08/10/2021 BOARD Recommended for Approval PUCT for consideration
07/28/2021 TAC Recommended for Approval Board for consideration
07/15/2021 PRS Recommended for Approval TAC for consideration

Voting Record

Date Gov Body Motion Result
08/19/2021 PUCT To approve NPRR1083 and accompanying ERCOT Market Impact Statement as presented in Project No. 52307 Passed
08/10/2021 BOARD To recommend approval of NPRR1083 as recommended by TAC in the 7/28/21 TAC Report Passed
07/28/2021 TAC To recommend approval of NPRR1083 as recommended by PRS in the 7/15/21 PRS Report with a recommended effective date of upon PUCT approval; and the Revised Impact Analysis Passed
07/15/2021 PRS To grant NPRR1083 Urgent status; to recommend approval of NPRR1083 as amended by the 7/14/21 ICE NGX comments; and to forward to TAC NPRR1083 Passed

Background

Status: Approved
Date Posted: Jun 25, 2021
Sponsor: ICE NGX Canada Inc.
Urgent: Yes
Sections: 9.19.1 and 9.19.4
Description: This Nodal Protocol Revision Request (NPRR) effectuates newly enacted Section 39.159 of the Texas Utilities Code, by prohibiting the allocation of uplift charges to Qualified Scheduling Entities (QSEs) that: (1) otherwise would be subject to uplift charges solely as a result of acting as central Counter-Party clearinghouses in wholesale market transactions in ERCOT; and (2) are regulated as Derivatives Clearing Organizations (DCOs) as defined by the Commodity Exchange Act, 7 U.S.C. § 1a.
Reason: Meets Strategic goals. Market efficiencies or enhancements.

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