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NPRR563

Summary

Title Credit Lock Standards
Next Group
Next Step
Status Approved on 02/11/2014
Effective Dates
03/01/2014

Action

Date Gov Body Action Taken Next Steps
02/11/2014 BOARD Approved
12/03/2013 TAC Recommended for Approval ERCOT Board consideration
11/21/2013 PRS Recommended for Approval TAC for consideration
10/17/2013 PRS Recommended for Approval PRS for IA review
09/19/2013 PRS Deferred/Tabled PRS for consideration

Voting Record

Date Gov Body Motion Result
02/11/2014 BOARD To approve NPRR563 as recommended by TAC in the 12/3/13 TAC Report. Passed
12/03/2013 TAC To recommend approval of NPRR563 as recommended by PRS in the 11/21/13 PRS Report. Passed
11/21/2013 PRS To endorse and forward the 10/17/13 PRS Report and the Impact Analysis to TAC. Passed
10/17/2013 PRS To recommend approval of NPRR563 as amended by the 10/15/13 ERCOT comments. Passed
09/19/2013 PRS To table NPRR563 and to refer the issue to WMS. Passed

Background

Status: Approved
Date Posted: Aug 16, 2013
Sponsor: Morgan Stanley
Urgent: No
Sections: 16.11.4.6.1
Description: This Nodal Protocol Revision Request (NPRR) removes ERCOT’s discretion to allow Counter-Parties participating in a Congestion Revenue Right (CRR) Auction to post credit past the end of the CRR bid submission window.
Reason: ERCOT should not be in the position of allowing non-compliant parties into the market based on ERCOT’s sole discretion. It is unfair to ERCOT to place it in the position of determining whether special privilege should be given to a Market Participant and it is unfair to the other Market Participants who followed the rules.

Key Documents

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