NOTICE DATE:  August 26, 2011

NOTICE TYPE:  M-A082611-01 NPRR

SHORT DESCRIPTION:  Implementation details of NPRR376

INTENDED AUDIENCE:  CRR Account Holders

DAY AFFECTED:  September 6, 2011

LONG DESCRIPTION:  On September 6, 2011, ERCOT will implement Nodal Protocol Revision Request (NPRR) 376, CRR Volume Limitation Enhancements, which was approved by the ERCOT Board on July 19, 2011. NPRR376 establishes that Congestion Revenue Right (CRR) Account Holders are not included in the CRR transaction volume limitation process if they do not own open CRR positions or have credit allocated to the CRR Auction. Accordingly, the term Participating Congestion Revenue Right (CRR) Account Holder is defined by NPRR376. ERCOT’s notification requirements pertaining to transaction limitations are also expanding by this NPRR.

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.

NPRR376 and associated documents can be found on the ERCOT website, under Market Rules, at http://www.ercot.com/mktrules/issues/nprr/376-400/376/index.

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].

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