ERCOT pricing revised for February 14thThis message is coming from ERCOT web site. Pricing revised of February 14th.
Step by step.... GLTA Gaillard
NOTICE DATE: April 16, 2021
NOTICE TYPE: M-C021421-02 Financial/Credit
SHORT DESCRIPTION: Revisions to Total Potential Exposure (TPE) Update
INTENDED AUDIENCE: All Counter-Parties
DAYS AFFECTED: April 20, 2021
LONG DESCRIPTION: On February 14, 2021, ERCOT temporarily reduced the Total Potential Exposure (TPE) for all Counter-Parties by 15%. See Market Notice M-C021421-01.
Since high prices during the extreme winter weather event no longer impact the credit calculation, ERCOT is eliminating the 15% reduction to TPE on April 20, 2021. The change to TPE will be reflected on the Available Credit Limit (ACL) Summary Report and TPE Summary Report that will be published on that day.
CONTACT: If you have any questions, please send an email to ERCOTcredit@ercot.com or 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 ClientServices@ercot.com.
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: https://lists.ercot.com.