TCR Credit Limit Constraint Based on Clearing Prices
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Background
Status:
Approved
Date Posted:
Jul 31, 2003
Sponsor:
ERCOT
Urgent:
No
Sections:
7.5.3.2.2; 7.5.6
Description:
The first revision (Change wording in ( c ) to express Credit Limit constraints) reflects the enhancement to the TCR auction engine design to apply credit limit constraints based on auction clearing prices instead of bid prices. This revision becomes effective on December 1, 2003. The other revisions are representing corrections and/or embellishments to existing wording.