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NPRR1184
Summary
| Title | Update to Procedures for Managing Interest on Cash Collateral |
|---|---|
| Next Group | |
| Next Step | |
| Status | Approved on 11/30/2023 |
| Effective Dates |
02/26/2024
Section 16.11.3 12/11/2024
All remaining sections |
Action
| Date | Gov Body | Action Taken | Next Steps |
|---|---|---|---|
| 11/30/2023 | PUCT | Approved | |
| 10/17/2023 | BOARD | Recommended for Approval | Revision Request Consideration |
| 09/26/2023 | TAC | Recommended for Approval | Revision Request Consideration |
| 09/13/2023 | PRS | Recommended for Approval | Revision Request Consideration |
| 07/13/2023 | PRS | Deferred/Tabled | Impact Analysis Consideration |
| 06/14/2023 | PRS | Recommended for Approval | Impact Analysis Consideration |
Voting Record
| Date | Gov Body | Motion | Result |
|---|---|---|---|
| 11/30/2023 | PUCT | to approve NPRR1184 and accompanying ERCOT Market Impact Statement as presented in Project No. 54445, Review of Rules Adopted by the Independent Organization | Passed |
| 10/17/2023 | BOARD | to recommend approval of NPRR1184 as recommended by TAC in the 9/26/23 TAC Report | Passed |
| 09/26/2023 | TAC | to recommend approval of NPRR1184 as recommended by PRS in the 9/13/23 PRS Report | Passed |
| 09/13/2023 | PRS | to endorse and forward to TAC the 7/13/23 PRS Report as amended by the 9/11/23 ERCOT comments and 9/6/23 Impact Analysis for NPRR1184 with a recommended priority of 2024 and rank of 4060 for Phase 2 | Passed |
| 07/13/2023 | PRS | to table NPRR1184 | Passed |
| 06/14/2023 | PRS | to recommend approval of NPRR1184 as submitted | Passed |
Background
| Status: | Approved |
|---|---|
| Date Posted: | May 30, 2023 |
| Sponsor: | Tenaska |
| Urgent: | No |
| Sections: | 16.11.3, 16.11.4.7 |
| Description: | This Nodal Protocol Revision Request (NPRR) clarifies ERCOT’s management of interest received by ERCOT and owed to Counter-Parties for posted Cash Collateral, and requires ERCOT to credit Counter-Party Collateral accounts for interest on a monthly basis, as opposed to the current annual process. Additionally, this NPRR requires ERCOT to report the interest calculation. |
| Reason: | Market efficiencies or enhancements |
Key Documents
May 30, 2023 - doc - 147.5 KB
Jun 16, 2023 - xls - 142.5 KB
Jun 16, 2023 - doc - 158 KB
Jun 26, 2023 - docx - 36.3 KB
Jul 6, 2023 - doc - 58.5 KB
Jul 10, 2023 - doc - 80 KB
Jul 18, 2023 - xls - 143.5 KB
Jul 18, 2023 - doc - 161 KB
Aug 2, 2023 - doc - 58.5 KB
Sep 6, 2023 - docx - 31.3 KB
Sep 11, 2023 - doc - 81 KB
Sep 18, 2023 - xls - 143.5 KB
Sep 18, 2023 - doc - 137.5 KB
Sep 28, 2023 - xls - 140.5 KB
Sep 28, 2023 - doc - 141.5 KB
Oct 20, 2023 - doc - 122.5 KB
Dec 4, 2023 - doc - 126.5 KB