NOTICE DATE:  October 31, 2013
NOTICE TYPE:  M-A082613-02 Education/Training
SHORT DESCRIPTION:  Additional credit training related to the implementation of NPRR484
INTENDED AUDIENCE:  CRRAH and QSE credit and settlement personnel
DAY AFFECTED:  November 11, 2013 (registration deadline)

LONG DESCRIPTION:  Phase 1A of Nodal Protocol Revision Request (NPRR) 484, Revisions to Congestion Revenue Rights Credit Calculations and Payments, was implemented on October 21, 2013 and replaced the Congestion Revenue Rights (CRR) Auction credit calculations with path-specific exposure calculations based on Day-Ahead Market (DAM) clearing prices over a rolling period. This revised the Future Credit Exposure (FCE) calculations for CRR Account Holders.

ERCOT has scheduled an additional credit training session related to the implementation of NPRR484. This training is intended for credit and/or settlement representatives of ERCOT CRR Account Holders (CRRAHs) and Qualified Scheduling Entities (QSEs) wanting a general knowledge of the changes to the current credit calculations based on the implementation of NPRR484. The course is open to the public as well, subject to space availability.
The location and schedule of the training is shown below.  It will also be available via WebEx.
Credit Training Workshop

WebEx Information (

November 15, 2013

9:30 to 13:30

Austin, TX

ERCOT Austin<>
7620 Metro Center Dr.
Austin, TX 78744

Meeting number:
659 731 100
Meeting Password:  CT484!!

ACTION REQUIRED:  Please register for the course via ERCOT's Learning Management System<> (LMS). The first time you access the LMS, you will need to create an account. Click the link to create an account and complete the information requested. Then, click the "Create My Account" link. Once your account has been created, click "Sign In" and you will be directed to the "My Courses" page. Scroll down to Nodal Market Readiness Workshops (M), click the M.Credit Training Workshop link and register for the instructor-led class or WebEx.

The deadline to register is Monday, November 11, 2013. Onsite training room capacity is 20 people. Registration confirmation is subject to ERCOT receiving the required registration through the LMS. ERCOT cannot guarantee access to the session without prior registration.

Note that ERCOT reserves the right to reschedule the class for a future date if there is not sufficient interest in the training dates being offered.

ADDITIONAL INFORMATION:  ERCOT requests that all participants planning to attend the training by WebEx register via LMS. LMS credit will only be given to registered participants, and the only way to register is through the LMS. Email RSVPs will not be accepted.

A high-level agenda of the topics being covered can be found on the ERCOT training webpage<>. Presentations used in the ERCOT Credit Training Workshop will also be posted to the training webpage approximately five days before the first training date. ERCOT will not be providing printed training materials to onsite attendees. However, wireless internet access will be available at the training location.
CONTACT:  If you have any questions, please contact ERCOT Training via email at [log in to unmask]<mailto:[log in to unmask]>. You may also contact your ERCOT Account Manager or call the general ERCOT Client Services phone number at (512) 248-3900.
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