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Draft NPRR to Utilize IEL Only During Initial Market Activity CWG/MCWG ERCOT Public

Draft NPRR to Utilize IEL Only During Initial Market Activity CWG/MCWG ERCOT Public December 16, 2013. Clarification of EAL.

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Draft NPRR to Utilize IEL Only During Initial Market Activity CWG/MCWG ERCOT Public

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  1. Draft NPRR to Utilize IEL Only During Initial Market Activity CWG/MCWG ERCOT Public December 16, 2013

  2. Clarification of EAL ERCOT staff have drafted an NPRR to correct language in the definition of Estimated Aggregate Liability (EAL). Under the existing language, the maximum Initial Estimated Liability (IEL) during the first 40 days of market activity is incorporated in the calculation of EAL indefinitely. The NPRR corrects this to clarify that IEL is utilized only during the first 40-day trading period. EAL q = Max [ (IEL qduring the first 40-day period + DALEq)during the first 40-day period only, ERCOT Public

  3. Questions ERCOT Public

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