NOTICE DATE:  February 8, 2011
NOTICE TYPE:  W-B020311-02 Financial/Credit
SHORT DESCRIPTION:  UPDATE - Day-Ahead Market (DAM) "uth" factor adjustment
INTENDED AUDIENCE:  Market Participants who participate in ERCOT DAM
DAYS AFFECTED:  DAM run for February 9, 2011, for Operating Day February 10, 2011

LONG DESCRIPTION:  Due to last week's unusual activity, ERCOT changed the "uth" percentile used to determine exposure for Point-to-Point (PTP) Obligation Bids in the DAM from the 90th percentile to the 80th percentile, effective for the time period beginning with the DAM run on February 4, 2011, for Operating Day February 5, 2011.

ERCOT is moving back to the 90th percentile starting with the DAM run on February 9, 2011, for Operating Day February 10, 2011.

CONTACT:  If you have any questions, please contact Vanessa Spells at [log in to unmask]<mailto:[log in to unmask]>, (512) 225-7014, or Kyle Prall at [log in to unmask]<mailto:[log in to unmask]>, (512) 275-7412. You may also send credit inquiries to [log in to unmask]<mailto:[log in to unmask]>.
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