To approve NPRR1215 and accompanying ERCOT Market Impact Statement as presented in Project No. 54445, Review of Protocols Adopted by the Independent Organization
To table NPRR1215 and refer the issue to the Credit Finance Sub Group (CFSG)
Passed
Background
Status:
Approved
Date Posted:
Jan 23, 2024
Sponsor:
ERCOT
Urgent:
No
Sections:
4.4.10
Description:
This Nodal Protocol Revision Request (NPRR) clarifies that the Day-Ahead Market (DAM) Energy-Only Offer credit exposure calculation zeros out negative values, with any zeroed out values being included in the calculation of the dpth percentile difference. This clarification aligns with how ERCOT has been performing the calculation since Nodal Go-Live.