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ERCOT Client Services <[log in to unmask]>
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Thu, 12 Oct 2017 18:14:32 +0000
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***** EXTERNAL email. Please be cautious and evaluate before you click on links, open attachments, or provide credentials. *****

NOTICE DATE:  October 12, 2017

NOTICE TYPE:  M-A101117-02 Financial/Credit

SHORT DESCRIPTION:  Update - Total Potential Exposure (TPE) calculations affected by system issues

INTENDED AUDIENCE:  ERCOT Counter-Parties

DAY AFFECTED:  October 11, 2017

LONG DESCRIPTION:  The system issues explained in the previous Market Notice, M-A011117-01, have been corrected and the affected values of the Minimum Current Exposure (MCE) were reflected accurately in credit reports posted in the afternoon of October 11, 2017.

CONTACT:  If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via email at [log in to unmask]<mailto:[log in to unmask]>.

If you are receiving email from an ERCOT distribution list that you no longer wish to receive, please follow this link in order to unsubscribe from this list: http://lists.ercot.com.

sa

________________________________________________________________

NOTICE DATE:  October 11, 2017

NOTICE TYPE:  M-A101117-01 Financial/Credit

SHORT DESCRIPTION:  Total Potential Exposure (TPE) calculations affected by system issues

INTENDED AUDIENCE:  ERCOT Counter-Parties

DAY AFFECTED:  October 11, 2017

LONG DESCRIPTION:  Per ERCOT Protocol Section 16.11.4.6(c), "If all or part of a Counter-Party's ACLC and/or ACLD cannot be computed due to an ERCOT computer system failure, then ERCOT shall estimate ACLC and/or ACLD for that Counter-Party and provide the information used to determine such estimates to that Counter-Party.  If  all or part of ACLC and/or ACLD cannot be estimated with current data, then the most recently available values shall be used to determine the Counter-Party's ACLC and/or ACLD."

System issues on October 11, 2017 impacted the ability to calculate Counter-Party Total Potential Exposure (TPE) and Available Credit Limit (ACL).  Counter-Parties should be aware that Real-Time Market values for Operating Day October 5, 2017 were not included in the MCE (Minimum Current Exposure) component of the TPE and ACL calculations for credit reports generated on the morning of October 11, 2017.

CONTACT:  If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via email at [log in to unmask]<mailto:[log in to unmask]>.

If you are receiving email from an ERCOT distribution list that you no longer wish to receive, please follow this link in order to unsubscribe from this list: http://lists.ercot.com.









mm


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