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NOTICE DATE:  January 24, 2018

NOTICE TYPE:  M-A012418-01 CRR

SHORT DESCRIPTION:  2020.1st6.AnnualAuction.Seq5 CRR Auction

INTENDED AUDIENCE:  CRR Account Holders and Counter-Parties

DAYS AFFECTED:  January 24, 2018 - March 2, 2018

LONG DESCRIPTION:  The tables below contain key dates and parameters for the following Congestion Revenue Right (CRR) Auction:  2020.1st6.AnnualAuction.Seq5.

Auction Specific Information


Credit window opens (00:01 CPT)

1/24/2018


Post path specific adders report

2/8/2018


Bid window opens (00:01 CPT)

2/13/2018


Bid and credit windows close (17:00 CPT)

2/15/2018


Post auction results

3/1/2018


Post invoices and release credit

3/2/2018



General Auction Parameters


Per account holder transaction limit

4,000


Preliminary transaction adjustment period limit (per account holder)

1,256


Total transaction limit

300,000


Bid and offer submittal increments

.1 MW


Minimum option bid price

$0.01


Methodology for deriving load distribution factors

In accordance with the methodology specified in Section 4.5.1(5)


CRR application currently supports*

IE 6, 7, 8 and 11 (compatibility mode)


JRE 1.6 and 1.7


Specifications for the equipment and interfaces necessary to participate in CRR auctions

CRR Market User Interface Specifications <http://mis.ercot.com/misapp/GetReports.do?reportTypeId=11185&reportTitle=CRR%20Market%20User%20Interface%20Specifications&showHTMLView=&mimicKey>


CRR Market User Interface Handbook<http://www.ercot.com/content/mktinfo/crr/CRR%20MUI%20User%20Handbook%20v3%203.doc>


* The CRR Application will be upgraded to a new technology in 2018 that will remove the IE compatibility requirements and support newer browsers and Java Runtime Environments (JREs).





ADDITIONAL INFORMATION:  Additional Market Notices will be sent if a transaction adjustment period is needed for this auction or if the auction results are posted on a different date than specified in the table above.

The CRR Activity Calendar is located on the CRR Page on the MIS<https://mis.ercot.com/pps/tibco/mis/Pages/Market+Information/CRR> and on the CRR Page on ERCOT.com<http://www.ercot.com/mktinfo/crr/>. An ERCOT digital certificate is required to access the Market Information System (MIS).

Information about proxy Settlement Points used in calculating CRR credit exposure can be found in the "DAM Proxy Settlement Points" list posted on the Credit page of ERCOT.com<http://www.ercot.com/services/rq/credit/index.html>.

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 a public 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.







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