NOTICE DATE:  January 30, 2013

NOTICE TYPE:  M-A110912-03 NPRR

SHORT DESCRIPTION:  Update - Additional Implementation details for NPRR407

INTENDED AUDIENCE:  ERCOT Market Participants

DAYS AFFECTED:  February 14, 2013

LONG DESCRIPTION:  During the planned release on February 14, 2013, ERCOT will partially implement Nodal Protocol Revision Request (NPRR) 407, Credit Monitoring Posting Requirements (formerly "Credit Monitoring Credit Parameters Posting Requirements"), which was approved by the ERCOT Board on February 21, 2012.  This includes implementing grey-boxes in Section 4.4.10, Credit Requirement for DAM Bids and Offers.

NPRR407 adds requirements for ERCOT to post detailed information regarding the Available Credit Limit (ACL) usage in the Day-Ahead Market (DAM) to the Market Information System (MIS) Certified Area, which will aid Market Participants in managing their DAM transactions within their limits.  The portion of NPRR407 (Section 7.5.5.3, Auction Process) that requires the posting of CRR Account Holder's credit exposure calculated within the CRR Auction process will be implemented in a later release.

With this release, NPRR407 adds two new certified reports that will be posted on the MIS on the Services landing page, in the Credit Monitoring Reports portlet. The DAM Aggregate Credit Exposure report will be posted daily after the DAM results are posted and will provide each active Counter-Party's calculated aggregate DAM credit exposure. The DAM Remaining Available Credit Limit by Counter Party report will post every 15 minutes from 08:00 until 09:45 and will provide each active Counter-Party's remaining ACL for that day's DAM and the time at which the report was run. Further information on the new reports is provided in the table below.



Report Name

EMIL ID

Report Type ID

Frequency

DAM Aggregate Credit Exposure

NP4-411-CD

13096

Daily

DAM Remaining Available Credit Limit by Counter Party

NP4-410-CD

13095

Every 15 minutes from 08:00 - 09:45



The file naming conventions for the new reports:



DAM Aggregate Credit Exposure:

cdr.00013096.0000000000000000.YYYYMMDD.HHMMSS.DAMAGGCRELIMNP4411_csv.zip

cdr.00013096.0000000000000000.YYYYMMDD.HHMMSS.DAMAGGCRELIMNP4411_xml.zip

DAM Remaining Available Credit Limit by Counter Party:

cdr.00013095.0000000000000000.YYYYMMDD.HHMMSS.DAMREMAVLCRELIMNP4410_csv.zip

cdr.00013095.0000000000000000.YYYYMMDD.HHMMSS.DAMREMAVLCRELIMNP4410_xml.zip

Refer to the Current Day Reports XSD V6.4 posted on ERCOT.com at http://www.ercot.com/services/mdt/xsds/ for further report information.

ADDITIONAL INFORMATION:  Pursuant to Protocol Section 21.6, Nodal Protocol Revision Implementation, ERCOT is required to provide notice as soon as practicable, but no later than ten days prior to implementation.

NPRR407 and associated documents can be found on the ERCOT website, under Market Rules, at http://www.ercot.com/mktrules/issues/nprr/401-425/407/index.

Information on upcoming releases can be found on the ERCOT Multi Year Project Priority List (PPL) at http://www.ercot.com/services/projects/.

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]>.

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