The Gist
NPRR867 allows ERCOT to return any excess locked collateral (that is, collateral above the prescreened amount needed for submitted bids) to be returned to the counterparty two days after the bid window closes. Previously this collateral was held until the auction results were published.
Important Actions
- 6/12/18 NPRR867 approved by ERCOT board.
- 9/10/21 NPRR867 implemented.
- 1/19/22 Presentation on effectiveness to CWG MCWG by ERCOT (Donald House)
Reference
Meeting Notes
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