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NPRR670

Summary

Title Clarification of Portfolio Weighted Auction Clearing Price (PWACP)
Next Group
Next Step
Status Approved on 04/14/2015
Effective Dates
05/01/2015

Action

Date Gov Body Action Taken Next Steps
04/14/2015 BOARD Approved
03/26/2015 TAC Recommended for Approval Revision Request Consideration
03/12/2015 PRS Recommended for Approval Revision Request Consideration
02/12/2015 PRS Recommended for Approval PRS for Impact Analysis review
12/11/2014 PRS Deferred/Tabled PRS for consideration

Voting Record

Date Gov Body Motion Result
04/14/2015 BOARD To recommend approval of NPRR670 as recommended by PRS in the 3/12/15 PRS Report. Passed
03/26/2015 TAC To recommend approval of NPRR670 as recommended by PRS in the 3/12/15 PRS Report. Passed
03/12/2015 PRS On 3/12/15, PRS unanimously voted to endorse and forward to TAC the 2/12/15 PRS report as amended by the 3/11/15 ERCOT comments and the Impact Analysis for NPRR670. Passed
02/12/2015 PRS To recommend approval of NPRR670 as amended by the 1/26/15 Credit WG comments Passed
12/11/2014 PRS To table NPRR670 and to refer related issues to the Credit Work Group (Credit WG) and to WMS. Passed

Background

Status: Approved
Date Posted: Nov 24, 2014
Sponsor: ERCOT
Urgent: No
Sections: 7.5.5.3, 16.11.4.5
Description: This Nodal Protocol Revision Request (NPRR) provides additional clarifications to Effective Auction Clearing Price and PWACP calculations related to Point-to-Point (PTP) Obligations collateralization.
Reason: Meets Strategic goals Market efficiencies or enhancements

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