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
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.