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MP Default Joint Task Force Structure

MP Default Joint Task Force Structure. WMS ~ Pre-triggering Events. RMS ~ Post-triggering Events. Clarity of timelines Emergency QSE designation. Clarity of responsibilities to transition ESI IDs Clarity of timelines. Triggering Event. QSE notice of intent to end LSE relationship.

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MP Default Joint Task Force Structure

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  1. MP Default JointTask Force Structure WMS ~ Pre-triggering Events RMS ~ Post-triggering Events • Clarity of timelines • Emergency QSE designation • Clarity of responsibilities to transition ESI IDs • Clarity of timelines Triggering Event

  2. QSE notice of intent to end LSE relationship QSE/LSE relationship ends LSE must name new QSE or post collateral ERCOT notices EQSE of collateral call End of cure period Last ESI ID transitions from Defaulting LSE Notice of LSE Breach Mass transition of ESI IDs begins QSE Liability EQSE Liability/Potential Market Exposure - Current QSE Liability extends to 12 Business Days Potential Market Exposure – Post PRR625 LSE must name new QSE or post collateral for EQSE End of cure period Last ESI ID transitions from Defaulting LSE Mass transition of ESI IDs begins Notice of LSE Breach PRR625 Review 2 4 5 6 7 8 9 10 12 0 19 21 *Current process above timeline. *Proposed process below timeline. *Dates in Business Days.

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