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NPRR1146
Summary
| Title | Credit Changes to Appropriately Reflect TAO Exposure |
|---|---|
| Next Group | |
| Next Step | |
| Status | Withdrawn |
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 09/15/2022 | PRS | Deferred/Tabled | PRS for consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 09/15/2022 | PRS | To table NPRR1146 and refer the issue to WMS | Passed |
Background
| Status: | Withdrawn |
|---|---|
| Date Posted: | Aug 10, 2022 |
| Sponsor: | Rainbow Energy Marketing Corporation |
| Urgent: | No |
| Sections: | 16.11.4.1, 16.11.4.2, and 16.11.4.3 |
| Description: | This Nodal Protocol Revision Request (NPRR) makes changes to credit provisions related to Trading Activity Only (TAO) Qualified Scheduling Entities (QSEs) that appropriately reflect their credit exposure. Specific changes include: eliminating the Unbilled Real-Time Amount (URTA) for TAO QSEs; allowing TAO QSEs to request an M1 of about two days by agreeing to certain conditions including suspending Real-Time Market activities upon ERCOT notice (Day-Ahead Market activity is systematically restricted to Available Credit Limit); clarifying that a TAO QSE is a QSE that does not represent either Load Serving Entities (LSEs) or Resource Entities, thus ensuring that a QSE engaging exclusively in DC Tie exports and other trading activities will be classified as a TAO QSE; and determining Counter-Party’s Total Potential Exposure (TPE) by adding the separate credit calculations for the Counter-Party’s (i) QSEs that represent LSEs or Resource Entities, (ii) TAO QSEs that do not represent LSEs or Resource Entities, and (iii) Congestion Revenue Right (CRR) Account Holders. |
| Reason: | Market efficiencies or enhancements |
Key Documents
Aug 10, 2022 - docx - 81.6 KB
Sep 20, 2022 - xls - 114.5 KB
Sep 20, 2022 - docx - 82.3 KB
Sep 16, 2022 - docx - 29.1 KB
Oct 12, 2022 - xls - 141.5 KB
Oct 12, 2022 - docx - 27.1 KB
Oct 13, 2022 - docx - 72.4 KB
Jun 19, 2023 - docx - 20.4 KB