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NOTICE DATE:  July 31, 2020

NOTICE TYPE:  M-C073120-01 CRR

SHORT DESCRIPTION:  2020.SEP.Monthly.Auction

INTENDED AUDIENCE:  CRR Account Holders and Counter-Parties

DAYS AFFECTED:  July 31 – August 21, 2020

LONG DESCRIPTION:  The tables below contain key dates and parameters for the following Congestion Revenue Right (CRR) Auction:  2020.SEP.Monthly.Auction.

Important Auction Dates


Credit window opens (00:01 CPT)


7/31/2020


Post path specific adders report


8/6/2020


Bid window opens (00:01 CPT)


8/11/2020


Bid and credit windows close (17:00 CPT)


8/13/2020


Post auction results


8/20/2020


Post invoices and release credit


8/21/2020






General Auction Parameters


Auction capacity %


90


Per account holder transaction limit


10,000


Preliminary transaction adjustment period limit (per account holder)


987


Total transaction limit


300,000


Bid and offer submittal increments


.1 MW


Minimum option bid price


$0.01


CRR application currently supports


IE 11


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/wcm/lists/135269/CRR_Market_User_Interface_Handbook_v4.2.docx>




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 in the CRR Information portlet<https://mis.ercot.com/pps/tibco/mis/Pages/Market+Information/CRR> on the Market Information System (MIS) and on the Congestion Revenue Rights<http://www.ercot.com/mktinfo/crr/> page on ERCOT.com. An ERCOT digital certificate is required to access the MIS.

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

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<http://lists.ercot.com/>.





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