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NOTICE DATE: November 25, 2020

NOTICE TYPE: M-C112520-01 CRR

SHORT DESCRIPTION:  2021.JAN.Monthly.Auction

INTENDED AUDIENCE:  CRR Account Holders and Counter-Parties

DAYS AFFECTED:  November 25 – December 18, 2020

LONG DESCRIPTION:  The tables below contain key dates and parameters for the following Congestion Revenue Right (CRR) Auction:  2021.JAN.Monthly.Auction.

Important Auction Dates

Credit window opens (00:01 CPT)

11/25/2020

Post path specific adders report

12/3/2020

Bid window opens (00:01 CPT)

12/8/2020

Bid and credit windows close (17:00 CPT)

12/10/2020

Post auction results

12/17/2020

Post invoices and release credit

12/18/2020



General Auction Parameters

Auction capacity %

90

Per account holder transaction limit

10,000

Preliminary transaction adjustment period limit (per account holder)

945

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<https://mis.ercot.com/public/data-products/markets/crr?id=NP7-901-M>

CRR Market User Interface Handbook<http://www.ercot.com/content/wcm/lists/135269/CRR_Market_User_Interface_Handbook_v4.1.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<https://mis.ercot.com/public/data-products/markets/crr?id=NP7-149-M> is located on the Market Information System (MIS) and on the Congestion Revenue Rights<http://www.ercot.com/mktinfo/crr/> page on ERCOT.com.

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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