[00:00:04]
OKAY, I'M GONNA GO AHEAD AND START WITH THE MEETING REMINDERS WHY EVERYONE'S GETTING SEATED IN THE ROOM.IF YOU ARE HERE AND PRESENT IN THE ROOM, WE ARE USING, UM, THE CHAT TO QUEUE FOR MOTIONS OR DISCUSSIONS.
SO IF YOU'RE IN THE ROOM, YOU CAN HOLD UP YOUR CARD AND JORDAN'S OVER HERE ON THE RIGHT SIDE.
HE'LL ENTER YOU INTO THE QUEUE.
UM, OBVIOUSLY THOSE ON THE WEBEX WILL BE ENTERING THEMSELVES, AND YOU ALSO HAVE THE OPTION IN THE ROOM TO, TO DO THAT FOR YOURSELF INSTEAD OF USING THE CARD.
UM, AS WE GET TO THE BALLOTING PROCESS, PLEASE MAKE SURE THAT IF YOU ARE ON THE WEBEX, YOU UNMUTE YOURSELF AS WE APPROACH YOUR SEGMENT.
AND THEN AFTER YOU HAVE CAST YOUR VOTE, PLEASE RETURN TO THE MUTE STATUS.
THAT'LL HELP US BE A LITTLE MORE EFFICIENT THERE.
IF THE WEBEX ENDS FOR ANY REASON, PLEASE GIVE US A FEW MOMENTS AND WE SHOULD RESTART WITH THE SAME MEETING DETAILS, OR WE WILL, UH, LET YOU KNOW THROUGH THE LISTERV THAT THE DETAILS HAVE CHANGED.
IF YOU'RE HERE TODAY, PLEASE MAKE SURE TO SIGN IN.
THERE'S A SIGN IN SHEET OUTSIDE THIS MEETING ROOM, AND WE'RE ASKING ALL ATTENDEES HERE IN PERSON.
IF YOU WOULD LIKE TO BE RECORDED CORRECTLY IN THE MINUTES, PLEASE MAKE SURE YOU SIGN IN.
AND KAITLYN, WE ARE READY TO GET STARTED.
AND I BELIEVE RICHARD ROSS HAS GIVEN US THE, UH, WORD FOR THE DAY, UH, SOONISH.
AS IN IF WE, IF WE GET ON TO WORK, WE MAY GO GET THIS DONE.
I THINK THAT SOONISH WORK REALLY APPROPRIATE.
DOESN'T THE WORD OF THE DAY NEED TO BE A REAL WORD? REALLY DOES, YES.
AND, UH, OKLAHOMA, THEY HAVE ALL KINDS OF SOON WORDS, SO NO, NO, NO.
IT HAS NOTHING TO DO WITH LOOK.
SO, YES, IT'S SOON-ISH, NOT SOON-ISH.
SO WE'RE ABSOLUTELY, SO WE, I THINK ALL THE LONGHORNS AND AGGIES ARE, ARE FINALLY AGREEING ON SOMETHING.
SO WE WILL, UM, WE'LL USE THAT WORD.
AND I THINK THIS WILL BE A FAIRLY QUICK MEETING.
SO HOPEFULLY WE WILL BE OUT OF HERE SOON-ISH.
UM, WE DO HAVE, WE HAVE CUSTOM CANDY.
I'M GOING TO MOVE IT OR HAVE REQUEST SOMEBODY MOVE IT TO THE SIGN IN SHEET.
SO WHEN YOU SIGN IN, YOU CAN, YOU CAN SEE THE METAPHORICAL CANDY THAT, THAT JUST HAS TWO, FOUR, AND NOT THE ENTIRE 2, 4, 5.
[1. Antitrust Admonition]
BUT YOU, YOU WILL SEE ON YOUR SCREEN RIGHT NOW THE, THE ANTITRUST ADMONITION BEFORE I, YOU KNOW, VIOLATE IT WITH CANDY PRICES.SO, TO AVOID RAISING CONCERNS ABOUT ANTITRUST LIABILITY, PARTICIPANTS IN ERCOT ACTIVITIES SHOULD REFRAIN FROM PROPOSING ANY ACTION OR MEASURE THAT WOULD EXCEED ERCO T'S AUTHORITY UNDER FEDERAL OR STATE LAW.
AND FOR MORE INFORMATION, UM, YOU CAN LOOK AT THE WEBSITE.
IT'S OUR FULL FEBRUARY TECH MEETING.
UM, WE WON'T SAY WHY WE DID, UM, BUT WE ARE IN PERSON AND IT'S GOOD TO SEE EVERYONE.
ON VALENTINE'S DAY, WE WILL START WITH OUR PROXIES AND ALT REPS.
UM, FOR ALT REPS IN THE INDEPENDENT POWER MARKETER SEGMENT, JEREMY CARPENTER HAS GIVEN HIS ALT REP TO ADAM COCHRAN, UM, FOR PROXIES IN THE CONSUMER SEGMENT, RESIDENTIAL CONSUMER, ERIC GOFF HAS GIVEN HIS PROXY TO NAVA FOR NOGO 2 45 ONLY.
UM, IF WE ARE HERE TILL 2:00 PM, WHICH I DON'T THINK WE WILL BE, MY PROXY, WILL GO TO BOB HILTON.
UM, IN THE INDEPENDENT POWER MARKETER SEGMENT, REMI HAS GIVEN HER PROXY TO SETH COCHRAN, AND IN THE INDEPENDENT RETAIL ELECTRIC PROVIDER SEGMENT, JAY HARPO HAS GIVEN HIS PROXY TO CHRIS HENDRICKS AFTER 10:30 AM AT WHICH TIME, I THINK WE STILL WILL BE HERE.
[2. Approval of TAC Meeting Minutes (Vote)]
ALL RIGHT, SO WE CAN GET STARTED ON THE AGENDA.FIRST IS THE APPROVAL OF THE JANUARY 24TH MEETING MINUTES.
I DON'T BELIEVE I'VE SEEN ANY EDITS TO THESE.
UH, SUSIE, CAN YOU CONFIRM THAT? OKAY.
ARE THERE YES, KAITLYN, NO EDITS.
ARE THERE ANY QUESTIONS, COMMENTS, UM, TO THE JANUARY ATTACK MINUTES? SEEING NONE, I WOULD SUGGEST WE PLACE THIS ON THE COMBO BALLOT.
[3. Meeting Updates]
NEXT IS OUR MEETING UPDATES.UM, SINCE THE JANUARY ATTACK, THERE WAS ONE OPEN MEETING ON FEBRUARY 1ST.
UM, AT THIS TIME, THE PUC DID APPROVE ALL REVISION REQUESTS THAT WERE PRESENTED TO THEM AT THAT MEETING.
[4. 2024 TAC Goals (Vote)]
NEXT, WE CAN MOVE ALONG TO THE 2024 TECH GOALS.UH, WE, WE HAD ONE CELESTE SUGGESTED DELETION.
SHOULD WE, WE GET THESE PULLED UP.
[00:05:02]
SO THESE ARE THE, THE 2024 GOALS.AND YOU, AND YOU CAN SEE THEY WERE KIND OF JUST COPIED AND PASTED FROM 2023.
WE DID HAVE THAT SUGGESTED DELETION FOR ITEM, UM, IT WAS 18, WHICH WAS THE, THE SUGGESTION FROM MARK DREYFUS ON REVIEWING, UH, DIFFERENT MARKET DESIGN CHANGES OR, OR DIFFERENT MARKET CHANGES EVERY MONTH OR EVERY OTHER MONTH.
I FORGOT WHAT IT WAS, BUT HE, HE DID SUGGEST WE DELETE THAT AT THIS TIME.
UM, WE DID NOT RECEIVE ANY COMMENTS SINCE THE JANUARY ATTACK.
WE, WE DO WANNA GET THIS DONE TODAY SO THAT SUBCOMMITTEES CAN, CAN USE THIS AS THEY WORK ON THEIR GOALS.
DOES ANYBODY HAVE FURTHER COMMENTS TO THIS? I SEE ERIC GOFF.
YEAH, I MADE A SUGGESTION AT A COUPLE SUBCOMMITTEES THAT I THINK IS WORTH CONSIDERING, UM, WHICH IS MANY OF THESE, UM, GOALS WE'VE HAD ON FOR YEARS THAT ARE JUST THINGS THAT WE DO AS PART OF THE NORMAL COURSE OF BUSINESS.
UM, AND, UH, I THINK IT MIGHT BE WORTH THE REVIEW OF THOSE TO SEE WHICH ONE OF THOSE THERE ARE AND JUST DELETE THOSE, UM, AND ACTUALLY HAVE THINGS THAT WE INTEND TO WORK ON OR MONITOR, UH, AS JUST A, A SUBSET OF GOALS, UH, RATHER THAN HAVING A LIST OF THINGS LIKE REVIEW POLICY AND, AND THINGS LIKE THAT, THAT ARE MORE GENERIC.
WOULD YOU LIKE TO DO THAT BEFORE WE APPROVE THIS SET OF GOALS? UM, I THINK IT WOULDN'T HURT TO DO THAT.
UM, UM, IF PEOPLE ARE AGREEABLE TO THE CONCEPT, I'D BE HAPPY TO PROPOSE STRIKING MANY OF THESE.
UM, LET, LET'S GO TO NED AND, AND THE Q AND KIND OF CONTINUE TO DISCUSS THAT.
SO, UH, LAST MONTH WE HAD TALKED ABOUT WHETHER OR NOT IT WOULD MAKE SENSE TO STILL HAVE SOMETHING ON THERE FOR US TO REVIEW THE, YOU KNOW, MARKET DESIGN CHANGES.
AS I, AS I WENT THROUGH THIS, I NOTICED THAT, YOU KNOW, ITEMS TWO AND THREE ALREADY, YOU KNOW, KIND OF GENERALLY GIVE THAT DIRECTION.
SO I, I THINK I'M FINE WITH DELETING THAT SPECIFIC ONE, ALTHOUGH THAT MAY THEN CONFLICT WITH, UH, WHAT ERIC WANTS TO, UH, APPROACH WITH, YOU KNOW, THROUGH DELETING MORE GENERAL, UH, OBJECTIVES.
I, I GUESS ERIC IS, ARE WE, WERE YOU THINKING THAT NUMBER TWO OR THREE WOULD BE ON THE CHOPPING BLOCK? UM, THEY'RE BOTH THINGS THAT WE WERE DOING IN ANY GIVEN YEAR, RIGHT? YEAH.
SO I, I DON'T, I THINK THAT'S JUST WHAT TAC IS SUPPOSED TO DO AND NOT A GOAL.
SO WE DO, UM, YOU KNOW, WE, WE DO HAVE TO TAKE A VOTE ON, ON THESE AT SOME POINT FOR THEM TO BE THE GOALS.
I, I'M FINE IF, IF WE WANT TO WAIT ON THIS, IF, IF ERIC, YOU'LL COMMIT TO, TO, YOU KNOW, GETTING SOMETHING A RED LINE BEFORE MARCH TECH.
UM, BUT THAT WOULD KIND OF DELAY, YOU KNOW, THE APPROVAL OF CHAT GOALS WOULD THEN GO TO APRIL BOARD AND, AND THE SUBCOMMITTEE THAT ARE LOOKING TO ALIGN THEIR SUBCOMMITTEE GOALS, WHAT WOULD BE WAITING ON US TILL MARCH AS WELL? YEAH.
I I THINK IT'S MAYBE WOULDN'T TAKE UNTIL MARCH TO SUGGEST THEM IF PEOPLE WANNA TAKE THE TIME TO, TO LOOK AT THEM.
I AM 85% DONE ALREADY WITH LOOKING AT THE THINGS THAT ARE MAYBE MORE GENERIC.
UM, SO IF YOU LOOK AT THIS LIST, I THINK 1, 2, 3, 4, MAYBE FIVE, UM, BUT PROBABLY NOT FIVE, UM, 7, 8, 9, 10, 12, UM, ARE ALL GENERIC AND THE OTHER ONES ARE NOT.
I THINK IF WE'RE GONNA MAKE, I'D PREFER TO WAIT ON THE VOTE IF WE'RE GONNA MAKE THAT SUBSTANTIVE OF CHANGES.
I, I DON'T SEE ANY HARM LEAVING IT AS IT IS.
AND YEAH, JUST ALSO, UM, HELPING US GET OUT SOON-ISH AND ADOPTING THIS.
SO ADOPTING THIS AS IS TODAY AND THEN CONTINUING TO WORK ON IT, I THINK THAT MAKES SENSE.
I DON'T THINK IT'S IMPORTANT TO REMOVE THESE OR IMPORTANT TO LEAVE THEM IN.
SO I'D RATHER PASS SOMETHING THAN DELAY.
YEAH, ERIC, THE ONLY THING I'D COMMENT ON TO, TO CAUTION A LITTLE BIT WHENEVER YOU WANNA BRING THOSE DOWN A LITTLE BIT IS THESE ARE JUST OUR GOALS AND WE DON'T WANNA MAKE 'EM LOOK LIKE OUR ACTION ITEMS OR,
[00:10:01]
YOU KNOW, THOSE STRATEGIC THINGS.'CAUSE THERE'S KIND OF A TIERED WAY THIS GOES.
SO JUST KEEP THAT IN MIND WHENEVER YOU LOOK AT WHAT YOU WANT TO TAKE OUT.
SO I THINK WE WILL ACCEPT THAT DELETION OF 18.
BLAKEY, I WAS JUST, IF WE DO BRING THIS BACK, I WAS WONDERING IF WE COULD BE POINTED TO, UH, IS THIS IN OUR TACT PROCEDURES OR IS THIS IN A PROTOCOL THAT WE HAVE TO HAVE GOALS? IS THERE ANYWHERE THIS IS DEFINED AS TO WHAT IT WOULD SAY? I, YEAH, I THINK WE'VE HAD THIS DISCUSSION.
'CAUSE I THINK E ERIC HAS BROUGHT UP EVEN ELIMINATING THE GOALS ENTIRELY.
I APOLOGIZE IF I PUT THAT, THOSE WORDS IN HIS MOUTH, BUT I, I THINK WE'VE HAD THOSE DISCUSSIONS BEFORE.
UM, I'LL, I'LL DEFER TO, OR COREY, I, 'CAUSE I I JUST ASKED A SIMILAR QUESTION.
ARE WE REQUIRED TO VOTE ON A LIST OF GOALS? I DON'T BELIEVE SO.
I DON'T THINK THAT THERE'S ANYTHING IN THE T PROCEDURES OR PROTOCOLS THAT SAYS WE HAVE TO HAVE GOALS.
I WILL NOTE THAT, YOU KNOW, WE DO PRESENT TO THE BOARD THAT GOAL ALIGNMENT SPREADSHEET WITH THE REVISION REQUEST THAT WE APPROVE EVERY YEAR.
SO IF WE DIDN'T HAVE GOALS, WE MIGHT FIND A DIFFERENT WAY TO DO THAT AND SEE HOW THOSE ALIGN.
BUT, UM, I DON'T THINK THERE'S ANYTHING THAT SAYS WE HAVE TO DO IT.
BUT IF WE HAVE THEM, WE DO HAVE TO VOTE.
I MEAN, IT IS AGREEMENT ATTACK.
I DON'T THINK WE HAVE TO VOTE ON 'EM, BUT IT WOULD BE NICE IF THE ATTACK GOALS WERE ATTACK ENDORSED.
IF WE'RE PRE PRESENTING THEM TO THE BOARD LIKE WE DO EVERY FEBRUARY OR APRIL.
IT WOULD BE NICE TO SAY THET WAS IN AGREEMENT.
SO, SO RICHARD, WE, WE HAVE A QUEUE.
UM, AND, AND WE DID, I WANNA MAKE SURE WE DIDN'T SKIP ANYONE.
'CAUSE I I THINK HILTON NEVER ENDED UP IN THE QUEUE.
BRIAN, YOU DIDN'T GET BACK IN.
SO I BELIEVE WE ARE ON CANAN AND THEN NED AND THEN RICHARD.
I'M TRYING TO BE HELPFUL HERE.
HOPEFULLY THIS IS, I MEAN, THE HISTORY OF THIS WAS THERE WERE BOARD MEMBERS THAT WANTED, UM, TO KNOW WHAT TAC WAS GONNA WORK ON AND, UH, KIND OF WHAT THE, WHAT THE GOALS WERE.
AND THOSE WOULD BE ACTUALLY PRESENTED TO THE BOARD AND THEY WOULD AT AT LEAST KINDA ACKNOWLEDGE THEM.
UM, AND THAT, THAT'S KINDA HOW IN THE PAST THIS MANIFESTED ITSELF.
I BELIEVE THAT THAT WILL BE OF INTEREST IN THE FUTURE A AS WELL.
BUT, UH, I, I DON'T THINK THERE'S ANYTHING SUPER FORMAL ABOUT THAT.
SO HOPEFULLY THAT FEEDBACK'S HELPFUL.
SO SINCE WE ARE LOOKING AT, UH, POSSIBLY APPROVING THESE, UH, THESE GOALS, UH, I WANTED TO OFFER ONE MINOR CHANGE ON NUMBER TWO.
AND THAT WAS TO DELETE THE PHRASE, THE LATEST SESSION OF THE, SO IT WOULD JUST SAY, UH, FURTHER AND STATUTORY CHANGES ORIGINATING FROM THE TEXAS LEGISLATURE, AND NOT JUST IN THE LAST SESSION, BUT YOU KNOW, WE'LL HAVE THE, THE SENATE BILL THREE REQUIRED REVIEW OF THE ANCILLARY SERVICES COMING TO US LATER THIS YEAR.
SO, BUT OTHER THAN THAT, I WOULD MAKE A MOTION TO APPROVE THE T GOALS.
SO TO INCORPORATE, YOU'RE SAYING KIND OF ONGOING CHANGES.
SO FROM THINGS THAT HAPPENED AND I, I THINK YOU COULD CAPTURE INTERIM CHARGES OR INTERIM HEARINGS WITH, WITH WHAT YOU DID TOO.
I'LL SECOND
CAN WE, CAN WE PUT THIS ON THE COMBO PALLET? SAY YES.
KATHY SCOTT, THIS WAS JUST A QUESTION ABOUT WHETHER OR NOT THE, UH, ERCOT BOARD AND STAKEHOLDER ENGAGEMENTS SHOULD BE INCLUDED INTO THIS GOAL AS BEING A WORKING IMPROVEMENT, WORKING TO IMPROVE RELATIONSHIPS.
UM, JUST, JUST KIND OF A THOUGHT.
I DIDN'T KNOW WHETHER OR NOT THEY SHOULD BE BE PART OF 2020 FOUR'S GOALS.
KENNAN, DID YOU WANT TO RESPOND TO THAT? IF I MAY? YES, PLEASE.
UM, SO I, I ACTUALLY THINK THAT'S A GOOD IDEA, BUT BECAUSE WE'RE STILL WORKING ON WHAT THAT LOOKS LIKE, I WOULD REQUEST THAT WE WAIT UNTIL YOU KNOW, YOU, YOU KNOW, WHAT IT LOOKS LIKE BEFORE YOU TURN IT INTO A GOAL, ESPECIALLY IN LIEU OF, UH, RICHARD'S COMMENTS.
I THINK YOU'VE, UH, YOU HAVE A, A PATHWAY TO DO THAT.
[00:15:01]
OKAY.SO WE HAVE, UM, A MOTION IN A SECOND, BUT I, I THINK WE CAN PUT THIS ON THE COMBO BALLOT TO APPROVE THESE GOALS FOR 2024.
SO, WE'LL, WE'LL NEED TO CHANGE THE, THE DATE AS WELL, BECAUSE WE DID MAKE A, A COUPLE OF MINOR CHANGES TO THIS, UM, THAT CHANGE REGARDING TEXAS LEGISLATURE AND THEN THE DELETION OF 18.
UM, AND THEN WE CAN CONTINUE TO WORK ON HOW WE ARE KIND OF FORMATTING THESE AND THINKING ABOUT THESE FOR FUTURE YEARS.
[5. Review of Revision Request Summary/ERCOT Market Impact Statement/Opinions]
SO WE ARE ON TO THE REVIEW OF REVISION REQUEST SUMMARIES, UM, OR COMP MARKET IMPACT STATEMENTS AND OPINIONS.AND, AND I THINK WE'RE, WE'RE DOING THAT NEW REVIEW IN THIS SECTION AS WELL.
YEAH, WE HAVE THE NEW, UM, REVISION REQUEST PRESENTATION.
IT IS ACTUALLY ON THE WEBSITE.
COREY, IF YOU WANNA GO TO THE WEBSITE.
YEAH, I AM SORRY ANN, I'M MISSING IT.
IS IT ON THE MAIN TAG PAGE OR IS IT ON THE MEETING PAGE FOR TODAY? HEY, COREY, IF YOU WANNA GO TO THE SHARE DRIVE, IT'S IN THERE.
THAT'LL, THAT'LL TAKE ME A MINUTE.
ERCOT LAPTOP FOR THIS PRESENTATION, SO I'LL HAVE TO GET OFF SHARE DRIVE AND GET IT OVER HERE.
I THINK SUZIE JUST SENT IT TO YOUR EMAIL.
I DON'T KNOW IF YOU'RE ABLE TO PULL IT FROM THERE, BUT I CAN GO AHEAD AND KIND OF WALK THROUGH IT.
UM, SO WE HAVE THE NEW REVISION REQUEST SUMMARY, AND I'LL JUST MAKE A COUPLE NOTES THAT, ALL RIGHT.
UM, ALL OF THE REVISION REQUESTS, WE HAVE 12 THAT ARE HERE ON THE TAC AGENDA.
ALL OF THEM HAVE MINOR OR NO IMPACTS EXCEPT FOR NPR 1213 AND THAT HAS A 350 TO 450 K BUDGETARY IMPACT.
UM, FOR THE REASONS FOR REVISIONS, HERE WE GO.
WE HAVE THREE THAT ARE, UM, FALLING INTO THAT REGULATORY REQUIREMENT BUCKET.
UM, TWO FOR THE STRATEGIC PLAN, OBJECTIVE ONE AND TWO THAT HIT THE SP O2, AND THEN THERE ARE FIVE THAT FALL UNDER THAT GENERAL SYSTEM AND PROCESS IMPROVEMENTS.
ERCOT IS IN SUPPORT OF ALL THE REVISION REQUESTS AT TAC OF COURSE, EXCEPT FOR NOGA 2 45 AND P 1 0 5 THAT WERE RECOMMENDED BY ROSS.
UM, AND THE IMM HAS NO OPINION ON ANY OF THE REVISION QUEST HERE AT TAC.
UM, I WILL NOTE THAT FOR CREDIT FINANCE SUBGROUP REVIEW THAT, UM, THEY DON'T BELIEVE ANY OF THESE REQUIRED CHANGES TO CREDIT MONITORING ACTIVITY.
HOWEVER, NPR 1199, UM, THEY HAVE NOT MET ON THIS ONE YET.
THEY WILL BE MEETING ON FRIDAY TO DETERMINE THEIR OPINION ON THAT.
AND NO, UM, IMM CONCERNS THIS MONTH, RIGHT? CORRECT.
ALRIGHT, SO NOW WE CAN, UM, THE, OKAY, Q LOOKS CLEAR.
I DON'T BELIEVE, I THINK CHRISTIE GOT HER WHAT SHE WAS ASKING RESOLVED.
UM, SO PRSI, I BELIEVE DIANA IS GIVING THIS REPORT WHILE SHE MAKES HER WAY UP HERE.
UM, PRS WAS LESS THAN A WEEK AGO, SO WE NEED TO WAIVE NOTICE.
AND THEN WE WANTED TO, TO WAIVE NOTICE ON A-O-B-D-R-R THAT'S SHOWING UP LATER AS WELL.
AND I THINK WE CAN TAKE THESE FOUR WAIVE NOTICE VOTES TOGETHER UNLESS SOMEBODY WANT, WANTS TO PULL ONE OUT.
UM, AND WE DO NEED TO DO THESE BEFORE THE COMBO BALLOT BEFORE WE DO THE SUBSTANTIVE DISCUSSION.
SO THE MOTION WOULD BE TO WAIVE NOTICE ON NPRS 11 99, 12 10, 12 13 AND OB DRR 51.
UM, IS THERE ANY DISCUSSION ON HERE OR
[00:20:01]
CAN WE GET A MOTION AND SECOND FOR THIS? IS THAT A MOTION FROM BOB HILTON? SECOND FROM, UM, MIKE WEISS? RIGHT.COREY, DO YOU WANNA TAKE IT AWAY? YES, MA'AM.
THANK ALL ON THE MOTION TO WAIVE NOTICE.
FOR THOSE ITEMS, WE WILL START UP WITH THE CONSUMERS.
ONTO OUR INDEPENDENT GENERATORS.
ONTO OUR IPM, SETH, SETH COCHRAN.
YOU WITH US? I SEE YOU COME OFF MUTE.
UH, AND THEN SETH FOR RASHMI? YES.
OKAY, SO WE HAVE SUCCESSFULLY WAIVED NOTICE ON, ON THOSE NPR OUT OF PRS.
UM, SO DIANA, PLEASE TAKE IT AWAY.
WE HAVE GOOD MORNING EVERYBODY.
DIANA COLEMAN WITH CPS ENERGY TO PROVIDE THE FEBRUARY PRS REPORT.
WE HAVE THREE ITEMS THIS MONTH FOR TAX CONSIDERATION.
THIS WAS APPROVED UNANIMOUSLY AND HAD NO IMPACT ON IT.
THIS IS CHANGING THE FREQUENCY OF THE NEXSTAR RESOURCE TEST AND THE LOAD CARRYING TEST RESPECTIVELY FROM ONCE EVERY FIVE YEARS TO ONCE EVERY FOUR CALENDAR YEARS.
NEXT UP WE HAVE 1213 THAT WAS ALSO APPROVED UNANIMOUSLY, BUT DID HAVE A COST ASSOCIATED WITH IT.
THIS IS COMING TO US FROM ENCHANTED ROCK.
YOU CAN SEE THE COSTS THERE ON THE SCREEN BETWEEN 350 AND $450,000.
THIS IS AMENDING THE REQUIREMENTS FOR DISTRIBUTION GENERATION RESOURCES AND DISTRIBUTION ENERGY STORAGE RESOURCES.
UM, THIS IS ALSO MODIFYING REQUIREMENTS FOR ANCILLARY SERVICE, SELF ARRANGEMENT AND TRADES.
THE, UH, PRS VOTED UNANIMOUS UNANIMOUSLY TO, UH, APPROVE 1213.
ERCOT DID FILE A REVISED IA ON 1213 IF 1213 AND 1171, WHICH WAS THE REQUIREMENTS FOR DGS AND DSRS ON CIRCUITS SUBJECT TO LOAD SHED.
IF THOSE TWO NPR ARE IMPLEMENTED CONCURRENTLY, ERCOT DID NOTE THAT THERE COULD BE A 10 TO 20% COST SAVINGS WITH THAT.
SO THAT'S JUST A NOTE ON 1213.
CAITLIN, DID YOU WANT ME TO STOP THERE AND TAKE THOSE TWO, OR DO YOU WANT ME TO KEEP GOING WITH 1199? LET, LET'S SEE IF WE CAN HANDLE THOSE TWO FIRST.
[00:25:01]
NOTED, THAT DOES INCLUDE A REVISED IMPACT ANALYSIS.UM, BUT WE WOULD BE LOOKING TO RECOMMEND APPROVAL OF 1210 AS RECOMMENDED BY PRS IN THE TWO EIGHT PRS REPORT.
AND, UM, NPR 1213 IS RECOMMENDED BY PRS IN THE TWO EIGHT PRS REPORT AND THE TWO 12 REVISED IMPACT ANALYSIS.
AND I'M HOPING WE CAN PUT THESE ON THE COMBO BALLOT, IF THAT'S OKAY WITH EVERYONE.
BRIAN SAMS, I, I HAVE SOME DISCUSSION ON 1213.
IT'S JUST A CLARIFICATION FOR, FOR ME.
UM, IS THERE, UH, A LIMIT ON THE AMOUNT OF, UH, ECRS THAT WILL BE ALLOWED FOR CIRCUITS WITH LOAD HEAD? OR IS THIS SOMETHING THAT WILL BE TAKEN UP IN THE, UM, AS METHODOLOGY KENAN? CAN YOU RESPOND TO THAT? I, I BELIEVE, I'M GOING OFF OF MEMORY HERE.
THE CURRENT STANDARD IS THAT YOU HAVE TO BE ON REDUNDANT CIRCUITS TO PROVIDE ANCILLARY SERVICES IF YOU'RE ON A DISTRIBUTION LEVEL CIRCUIT.
THERE IS AN EXCEPTION IN THE A DR PILOT BROADLY.
UM, ERCOT IS REVIEWING THAT BOTH, UH, I THINK AS PART OF THE A DR PILOT THAT'S ECRS IS, UH, IS THOUGHT ABOUT AS A NE NEXT STEP THERE.
SO I, I THINK THAT'S SOMETHING WE'LL BE WORKING ON FOR THE, FOR THE NEXT FEW MONTHS.
SO I, I, I DON'T HAVE A ABSOLUTE ANSWER, BUT THE CURRENT, UH, PARADIGM IS THAT ON, IS ON THE DISTRIBUTION LEVEL.
IF YOU'RE PROVIDING THE SERVICE, YOU HAVE TO BE ON REDUNDANT CIRCUITS, RIGHT? AND THIS WOULD, I THINK, ELIMINATE THAT STANDARD, RIGHT? THE, UM, I'M SUBJECT TO LOAD.
SHE, YOU COULD BE ON LOAD, SHE, SO A LOAD CIRCUIT, I THINK THAT CAN HELP.
AT, UH, PRS, IT WAS, UM, I THINK DAN SAID THAT A, A LIMIT WOULD BE SET IN THE ANNUAL ANSWER SERVICE METHODOLOGY.
BUT BECAUSE IT'S CURRENTLY AT ZERO, IT'S KIND OF, UH, UM, MEANINGLESS RIGHT NOW.
BUT THEY'LL SET IT IN THE, IN THE ANNUAL METHODOLOGY.
AND SO THIS WILL LET YOU GO FROM ZERO TO SOMETHING ABOVE ZERO BECAUSE OF THE ISSUE.
CANNOT MENTION RIGHT NOW IT'S AT ZERO 'CAUSE NO ONE COULD QUALIFY BEFORE THIS.
SO I THINK WE'RE, THE PLAN IS TO WORK ON THAT THIS YEAR.
WHAT ARE YOU SHOWING ME? OKAY.
I'M GETTING SOME CONFIRMATION OVER HERE.
I JUST, I WANTED TO HAVE THAT DISCUSSION HERE AND, UH, I APPRECIATE IT.
I SEE JEFF BILLOW IN THE QUEUE.
JEFF, WERE YOU, WERE YOU GOING TO ADDRESS THAT AS WELL? YEAH, AND I, I THINK ERIC, I, I THINK DESCRIBED IT CORRECTLY.
IT'S ESSENTIALLY, SO, SO DGS TODAY CAN PROVIDE ECRS.
UM, HOWEVER, IF YOU ARE ON A CIRCUIT THAT IS SUBJECT TO LOAD SHEDDING TODAY, YOU CANNOT BE A DGR.
UH, I THINK TH THIS CHANGES SO THAT YOU, YOU CAN BE A DGR IF YOU ARE ON LOAD SHE CIRCUIT, BUT THERE ARE SOME LIMITATIONS IN WHAT ANCILLARY SERVICES AND HOW MUCH OF THOSE ANCILLARY SERVICES WE WOULD BE, UH, UH, ALLOWED ALLOWING DGS ON THOSE KINDS OF CIRCUITS TO BE PROVIDING.
SO, SO THERE IS SOME LIMITATION THERE.
AND, AND, UH, AS WAS MENTIONED, WE WILL BE DEFINING THAT LIMITATION WITHIN THE AS METHODOLOGY.
I'M GETTING A THUMBS UP FROM BRIAN.
ARE WE DOING SOMETHING WRONG, CO JUST TO NO, NO, NO.
JUST TO FURTHER BELABOR THE POINT AND JUST ECHO WHAT, UH, ERIC AND, AND JEFF SAID, WHAT I'VE GOT ON SCREEN RIGHT NOW IS THE LANGUAGE THAT'S ADDING IN THE MAXIMUM AMOUNT OF ERS THAT CAN BE DIVIDED BY DGRS AND DSRS THAT ARE INTERCONNECTED TO A DISTRIBUTION CIRCUIT THAT IS SUBJECT TO
THAT WOULD BE THE NEW ADDITION TO WHAT GOES INTO THE EXISTING CATCHALL PARAGRAPH HERE IN THREE POINT 16 OF WHAT'S IN THE AS METHODOLOGY.
SO THIS IS THE LANGUAGE IN 1213 THAT ACHIEVES WHAT Y'ALL HAVE BEEN DISCUSSING.
BRIAN, DID YOU WANT TO, UH, JUST THANK YOU.
I'VE, I'M SORRY FOR SLOWING THIS DOWN, BUT I APPRECIATE THE DISCUSSION.
SO ARE WE COMFORTABLE WITH, UM, MPR 1210 AND 1213 AS RECOMMENDED BY PRS, UM, GOING ON THE COMBO BALLOT? I THINK SO.
[00:30:01]
UM,[6. PRS Report (Possible Vote)]
I'M ACTUALLY GONNA TURN IT OVER TO COLIN FOR NPR 1199, BUT DIANA, WHY DON'T YOU GO AHEAD WITH THAT ONE.SO 1199 SPONSORED BY ERCOT ON FEBRUARY 8TH, PRS VOTED TO GRANT URGENCY OR URGENT STATUS.
WE RECOMMENDED APPROVAL AS AMENDED BY THE FEBRUARY 7TH LCRA COMMENTS.
THOSE LCRA COMMENTS RESTORED SOME SAFE HARBOR LANGUAGE THAT ERCOT HAD PREVIOUSLY REMOVED IN THEIR EARLY FEBRUARY COMMENTS DUE TO NOT HAVING CONSENSUS AT THAT TIME, BUT THEY WERE OKAY TO ADDING THAT LANGUAGE BACK IN.
SO PRS RECOMMENDED APPROVAL AS AMENDED BY THE FEBRUARY 7TH LCRA COMMENTS AS REVISED BY ERCOT.
THERE WAS ONE OPPOSING VOTE AND ONE ABSTENTION.
THE OPPOSITION WAS MAINLY DUE TO SOME CONCERNS DUE, UM, ON THE ASSESSING THE IMPACTED EQUIPMENT AND THE FACT THAT YOU HAVE TO ATTEST TO THAT INFORMATION, THERE WAS STILL, STILL SOME OUTLYING CONCERN, UH, BEING ABLE TO IDENTIFY THAT AND HAVING TO ATTEST TO THAT.
SO THAT WAS THE ONE OPPOSITION.
AND WE DID HAVE ONE ABSTENTION.
AND KAITLYN, I KNOW THAT WE HAD SOME LATE ERCOT COMMENTS AND WE HAD SOME DESKTOP ADDED, SO I'LL JUST HAND IT OVER.
UH, SO WE HAD SOME COMMENTS THAT WERE POSTED YESTERDAY AFTERNOON FROM ERCOT, UH, BASED ON SOME DISCUSSIONS WITH CALP PINES.
WE HAVE SOMEONE FROM ERCO OR, OR POSSIBLY CALPINE THAT WOULD LIKE TO SPEAK TO THOSE.
THIS IS DOUG WITH ERCOT LEGAL.
UM, YEAH, WE APPRECIATE Y'ALL CONSIDERING THESE, I KNOW WE FILED THEM LATE YESTERDAY EVENING.
WE, WE HAD SOME CONVERSATIONS WITH CALPINE YESTERDAY AFTERNOON, AND THEY HAD A COUPLE OF, UM, ISSUES THAT THEY WOULD LIKE ADDRESSED AND WE WERE IN AGREEMENT WITH AT, WITH MAKING A COUPLE OF CHANGES.
SO WE SUBMITTED THOSE COMMENTS TO BASICALLY DO THREE THINGS.
UM, THE FIRST IS ON THE PARAGRAPH THAT TALKS ABOUT THE CONTRACTUAL REPRESENTATION, THE, THE LANGUAGE THAT, UM, DIANA MENTIONED THAT LCRA RESTORED IN THEIR COMMENTS.
UM, CALPINE WAS ONE CONCERNED ABOUT PAST PURCHASED EQUIPMENT, SO EQUIPMENT THAT HAD BEEN PURCHASED BEFORE THESE, THESE RULES, AND WOULD YOU BE ABLE TO USE A, UM, LETTER OF ATTESTATION FROM THE VENDOR AS OPPOSED TO, SINCE THE CONTRACT HAS ALREADY BEEN DRAFTED AND EXECUTED? AND SO WE WERE IN AGREEMENT WITH THAT AND WE ADDED LANGUAGE THAT THAT RESTRICTED TO CERTAIN PAST PURCHASES.
YOU COULD USE A LETTER OF ATTESTATION FROM THE VENDOR AS A, UH, AS WELL AS A CONTRACTUAL REPRESENTATION IF YOU WERE ABLE TO SAY, AMEND THE CONTRACT.
BUT, UM, SO WE MADE THAT ADDITION.
UM, THE OTHER THING THAT WE CHANGED WAS WE MADE A FEW CLARIFICATIONS, NOT SUBSTANTIVE CHANGES, BUT JUST CLARIFICATIONS ON THE USE OF THE REPORTING REGARDING PARTS AND COMPONENTS.
UM, THIS LANGUAGE TALKED ABOUT HOW IN A CERTAIN CIRCUMSTANCES, IF YOU DISCOVER THAT THERE ARE PARTS AND COMPONENTS IN YOUR EQUIPMENT THAT DID COME FROM ONE OF THESE, UM, L-S-I-P-A COUNTRIES, WHAT WOULD YOU, HOW DO YOU REPORT THAT? AND THE, YOU, YOU USE THE SAME FORM.
BUT AS WE WERE LOOKING AT IT, UH, THE FORM WE THOUGHT WAS STILL A LITTLE BIT CONFUSING AS TO HOW YOU, HOW YOU FILL OUT THE FORM TO MAKE THAT REPORT.
AND SO WE JUST MADE SOME TWEAKS TO THE FORM, BASICALLY IN THE INSTRUCTIONS, AND THEN SOME OF THE KIND OF LANGUAGE THAT TALKS ABOUT MAKING THAT REPORT TO TRY AND HOPEFULLY MAKE IT CLEARER ON HOW YOU FILL THAT OUT FOR THAT, THOSE SITUATIONS WHERE YOU'RE TRYING TO USE FORM S TO MAKE A REPORT ON THESE PARTS AND COMPONENTS.
AND SO THAT WAS THE OTHER CHANGE.
AND THEN THE THIRD THING THAT WE CHANGED WAS THE DEADLINE TO SUBMIT A REPORT, UM, OF A PURCHASE.
AND GOING FORWARD, UM, UH, CALPINE HAD SUGGESTED THAT WE MAKE IT, THAT WE EXTEND WHAT WAS A 60 DAY DEADLINE, UM, FROM THE DATE OF PURCHASE, YOU WERE GONNA HAVE 60 DAYS TO HAVE TO FILE A REPORT.
THEY HAD WANTED TO GET SOMETHING CLOSER TO A SEMI-ANNUAL TYPE OF REPORTING CADENCE.
AND, YOU KNOW, GIVEN THE SHORT TIME AMOUNT OF TIME THAT WE HAD, IT WAS DIFFICULT TO COME UP WITH SOMETHING THAT WOULD PERFECTLY ADDRESS THAT.
BUT WE, 180 DAYS WE THOUGHT WAS A VERY, VERY CLOSE APPROXIMATION.
AND SO WE DID AGREE TO EXTEND CHANGE THAT DEADLINE ON WHEN YOU WILL FILE YOUR REPORT TO 180 DAYS AFTER A PURCHASE.
SO THAT'S A PRETTY SIGNIFICANT INCREASE.
UM, BUT AGAIN, WE WERE TRYING TO RESPOND TO THE REQUEST THAT THIS GET CLOSER TO KIND OF A SEMI-ANNUAL TYPE OF CADENCE ON THE REPORTING.
AND THOSE ARE BASICALLY THE THREE THINGS THAT WE, THAT WE EDITED.
UM, AND AGAIN, WE REALLY APPRECIATE Y'ALL TAKING THE TIME TO CONSIDER THOSE.
[00:35:01]
I KNOW THAT THEY WERE FILED, YOU KNOW, LATE YESTERDAY EVENING.BRIAN, ANYTHING YOU'D LIKE TO ADD? YOU GOT IT.
OKAY, BILL? YEAH, DOUG, WE HAD A QUESTION ON THE NEW LANGUAGE, UM, ADDED IN FORM R, EXCUSE ME, S FORMER R NOT SI GUESS WHEN WE INTERPRETED THE ATTESTATION WHEN WE'RE SELECTING TRUE OR NOT TRUE, THAT IF A, IF A CE GE ENDED UP HAVING COMPONENTS FROM AN L-S-I-P-A COMPANY OR COUNTRY, THEN THAT WOULD BE THE EQUIVALENT.
SO WE, WE INTERPRET THAT AS WE WOULD NEED TO CHECK TRUE.
BUT IT SOUNDS LIKE YOU'RE SUGGESTING THAT WE SHOULDN'T DO THAT.
SO IF THERE'S A DIRECT PURCHASE FROM A A NON L-S-I-P-A COMPANY THAT HAS COMPONENTS THAT CLEARLY EVIDENT, UH, INFORMATION INDICATES THAT IT DOES, I'M JUST TRYING TO GET GUIDANCE ON HOW WE RESPOND.
IT'S, WE WOULD CHECK NOT TRUE.
I THINK YOU'RE COVERING BOTH RIGHT SITUATIONS HERE WITH THIS, THE NEW LANGUAGE, RIGHT? SO I THINK I UNDERSTAND WHY YOU DID IT, BUT I THINK WE PROBABLY WOULD'VE FILLED IT OUT DIFFERENTLY IF YOU HADN'T ADDED THIS.
AND THAT'S WHAT WE WERE LOOKING AT IS, YOU KNOW, IF YOU BUY A PIECE OF EQUIPMENT FROM AN AMERICAN COMPANY AND KIND OF UNDER YOUR HYPOTHETICAL THAT, YOU KNOW, YOU DIDN'T, YOU DON'T KNOW THAT YOU, YOU BELIEVE THAT IT'S PURELY AN AMERICAN MADE PIECE OF EQUIPMENT, RIGHT? AND SO YOU DIDN'T REPORT IT.
UM, BUT THEN YOU DISCOVER THAT THERE ARE THESE COMPONENTS LATER ON, WHEN YOU GET TO THAT FIRST QUESTION, IT COULD BE CONFUSING BECAUSE IT'S ASKING ABOUT THE EQUIPMENT.
AND SO YOU MIGHT SAY, WELL, NO, I DIDN'T BUY THE EQUIPMENT FROM A-L-S-I-P-A DESIGNATED COMPANY.
SO MY ANSWER IS, YOU KNOW, NO.
WHICH THEN THE INSTRUCTIONS SAY DON'T ANSWER THE FO THE FOLLOWING QUESTION, THE QUESTION TWO, AND QUESTION TWO IS WHERE YOU'RE SUPPOSED TO GO USE THOSE BLANKS TO FILL IN ABOUT THE PARTS AND COMPONENTS.
SO WE FELT LIKE THE BEST WAY TO DO IT WAS TO SAY, EVEN IF YOU, THE EQUIPMENT ITSELF WAS PURCHASED FROM A NON L-S-I-P-A COMPANY.
AND SO YOU ANSWER NOT, YOU KNOW, THAT, THAT THE QUESTION, THAT WAY YOU COULD STILL, IF YOU'RE, THIS IS IF YOU'RE FILING THIS REPORT FOR PURPOSES OF, PURPOSES OF PARTS AND COMPONENTS, YOU THEN COULD STILL GO INTO SECTION TWO AND FILL IN THOSE BLANKS.
SO THAT'S, THAT'S WHAT, AND, AND EXACTLY LIKE YOU'RE SAYING, WE COULD, WE COULD FORESEE PEOPLE BEING CONFUSED ABOUT HOW TO CHECK THAT BOX AND THEN WHAT DO I DO WITH THE INSTRUCTIONS THAT TELL ME, DON'T ANSWER THE REST OF THE QUESTIONS IF I CHECK THE BOX.
AND SO THAT'S WHY WE WERE TRYING TO MAKE IT REALLY CLEAR, HERE'S HOW THIS FORM SHOULD BE USED IN THAT SCENARIO.
THANKS FOR THE CLARITY ON THAT.
UM, I, I THINK THIS MAY HAVE BEEN ADDRESSED IN, IN THIS DIALOGUE WE JUST HEARD, BUT I WANTED TO MAKE SURE FROM ERCOT THAT WE DID RESOLVE THAT CONFUSION AT PRSI THINK THERE IS SOME CONFUSION AROUND, YOU KNOW, EVERYDAY EQUIPMENT THAT EMPLOYEES USE, UM, THAT MIGHT HAVE MIS ACCESS.
AND I, I THINK WHAT I'M HEARING IS IF YOU PURCHASED IT FROM AN AMERICAN COMPANY, BUT YOU BELIEVE A COMPONENT IS A-L-S-I-P-A COMPANY THAT THIS NEW CHANGE ACCOMMODATES FOR, FOR THAT SITUATION, CAN, CAN ERCOT WEIGH IN ON THAT? YES.
I THINK IF I UNDERSTAND WHAT YOU'RE SAYING, UH, YEAH, I THINK THAT THAT'S RIGHT.
I THINK THAT WHAT WE'RE TALKING ABOUT IS YOU REPORT ON THE EQUIPMENT, UM, BUT IF YOU DISCOVER THAT THE EQUIPMENT, YOU KNOW, HAS COMPONENTS THAT COME FROM ONE OF THOSE COMPANIES, A NORTH KOREA, RUSSIA, IRAN, CHINA, THEN THAT THIS LANGUAGE THAT WE WERE JUST, I WAS JUST DISCUSSING WITH BILL, IS WHAT WOULD WOULD INSTRUCT YOU ON HOW TO REPORT ON THAT.
DOES THAT HELP CHRISTIE, ASHLEY? I THINK THAT, I THINK THAT ANSWERED MY QUESTION.
I JUST WANTED TO MAKE SURE THAT I WAS INTERPRETING THE PRS DISCUSSION CORRECTLY.
UM, THAT, YOU KNOW, THESE, THESE DEVICES LIKE LAPTOPS AND CELL PHONES, YEAH, YOU MAY PURCHASE THEM, YOU KNOW, IN BULK FROM A SUPPLIER IN THE US OR A US MADE COMPUTER, BUT THE CHIPS INSIDE THEM ARE MADE IN ONE OF THESE, UM, DESIGNATED COUNTRIES THAT YOU WILL STILL HAVE TO ATTEST TO THAT IN SOME WAY, SHAPE, OR FORM, AS LONG AS IT CAN ACCESS THE MIS, RIGHT? IF CORRECT THE, YEAH, THE INITIAL QUESTION IS GONNA BE DOES
[00:40:01]
IT MEET THE DEFINITION OF CRITICAL ELECTRIC GRID EQUIPMENT? AND SO YOU'RE GONNA LOOK AT DOES IT HAVE ROUTABLE CONNECTIVITY? IS IT USED TO ACCESS OR CONTROL INFRAS SYSTEM INFRASTRUCTURE, THE WAN OR MIS? AND THEN OF COURSE, THE ADDITIONAL CRITERIA OF IF THAT PIECE OF EQUIPMENT WERE MISUSE, DESTROYED, UH, ET CETERA, THAT WITHIN 15 MINUTES OF ITS MIS OPERATION, WOULD IT IMPACT RELIABLE OPERATION OF THE INFRASTRUCTURE? SO YOU GOTTA GO ALL THROUGH ALL OF THOSE COMPONENTS, AND IF IT MEETS THOSE CRITERIA, THEN YOU WOULD GO INTO WHETHER OR NOT YOU HAVE TO REPORT WHAT YOU KNOW, WHETHER IT CAME FROM AN L-S-I-P-A COMPANY OR NOT.AND THEN COMPONENTS WOULD BE REPORTED PURSUANT TO THE LANGUAGE WE WERE DIS DISCUSSING.
BUT IT STARTS WITH, DOES IT MEET THE CRITERIA OF, UH, CRITICAL ELECTRIC GRID EQUIPMENT IN THE FIRST PLACE? NEXT STEPS.
I JUST HAVE A QUICK FOLLOW UP QUESTION.
IF WE HAVE REMAINING QUESTIONS ABOUT THIS.
DOUG, ARE YOU THE POINT OF CONTACT? YES.
I'D BE HAPPY TO, HAPPY TO ANSWER THOSE QUESTIONS.
I'M GONNA ASK THE GROUP, DO WE NEED TO HAVE A SEPARATE BALLOT FOR THIS OR DO WE, WE'RE OKAY PUTTING THIS ON THE COMBO BALLOT? ANY OPPOSITION? ALRIGHT, GO AHEAD AND PUT ON THE COMMONWEALTH BALLOT.
I'M GONNA TURN BACK OVER TO KAITLYN.
I BELIEVE WE ARE DONE WITH THE PRS REPORT NOW.
[7. Revision Requests Tabled at TAC (Possible Vote)]
ARE MOVING ON, UM, I THINK TO OUR MAIN EVENT THAT WE HAVE CANDY FOR.I DON'T KNOW WHAT WE SHOULD HAVE UP ON THE SCREEN.
UM, BUT I, I SEE ERIC IS CHANGING SEATS.
SO IF YOU REMEMBER FROM, FROM LAST MONTH, WE WERE HOPING TO GET THIS TO THE FEBRUARY BOARD.
UM, AND WE, WE HAD A ROBUST DISCUSSION AT TAC AND, AND TAC HAD KIND OF INFORMALLY REQUESTED THAT JOINT COMMENTERS AND ERCOT ENGAGE IN WHAT WE CALLED SETTLEMENT CONFERENCES AND, AND FILE COMMENTS A WEEK AHEAD OF TAC YOU KNOW, I, I DO UNDERSTAND THESE PARTIES HAVE BEEN WORKING TOGETHER.
UM, BUT, BUT THEY HAVE REQUESTED FURTHER TIME RIGHT NOW.
SO I, I THINK I'D LIKE TO GET THREE THINGS OUT OF THIS DISCUSSION.
UM, I THINK I WANT TAC TO UNDERSTAND THE, THE NEED TO CONTINUE TO TABLE FOR THIS MONTH, AND THEN I WANNA SET EXPECTATIONS FOR MARCH TECH AND THEN, UM, NOT TO PUT EVERYTHING ON ERCOT AND JOINT COMMENTERS, BUT I WANNA MAKE SURE WE GET ANY FEEDBACK FROM TECH ON, ON WHAT THEY NEED, IF THEY'RE STILL OUTSTANDING INFORMATION, UH, MEMBERS NEED HERE, UM, WHAT, WHAT YOU NEED IN MARCH TO, TO TRY TO MAKE A DECISION ON THIS THING.
AND I SEE WE HAVE A QUEUE ALREADY.
ERIC GOFF, DO YOU WANNA START? YEAH.
UH, I WANNA START FIRST BY THANKING YOU ALL FOR BEING HERE TODAY ON VALENTINE'S DAY TO VOTE ON THIS, UH, NOER.
UM, I, UM, I HOPE YOU SAW THE COMMENTS FROM ERCOT STAFF, UM, THAT WE ARE, UM, THAT THEY'RE REQUESTING A, A TABLE, UM, THE JOINT COMMENTERS NEXTERA, UH, WHO I'M REPRESENTING TODAY FOR THIS ITEM ARE NOT OPPOSED TO THAT.
AND, UH, WE BELIEVE THAT WE'RE GETTING, UM, THROUGH PRODUCTIVE DIALOGUE WITH ERCOT, THERE ARE SOME OUTSTANDING ISSUES THAT WILL TAKE SOME TIME TO RESOLVE.
UM, BUT, UH, I'M FEELING, YOU KNOW, CAUTIOUSLY HOPEFUL THAT WE WILL BE ABLE TO RE RESOLVE THOSE.
UM, AND AS WE DISCUSSED LAST TIME, THERE MIGHT BE A NEED TO PRESENT OPTIONS TO TACK OR WE MIGHT HAVE JUST SOMETHING THAT, UH, HAS CONSENSUS AMONG OR COUNT THE PARTIES DEPENDING ON HOW THE NEXT FEW WEEKS GO.
UM, SO I AM, UM, HOPEFUL THAT WE WILL BE ABLE TO GET SOMETHING TO THE MARCH T.
UM, AND WE, WE ARE, YOU KNOW, CONTINUING TO HAVE THOSE DISCUSSIONS, UH, OVER EMAIL AND OVER, UM, TEAMS MEETINGS, UH, EVEN, YOU KNOW, AS OF JUST IN THE LAST DAY OR TWO, IF ANYONE HAS ANY QUESTIONS ABOUT ANY OF THAT, I'M SURE, UM, STEVEN AND I WOULD BE HAPPY TO ANSWER ANYTHING, BUT I THINK PEOPLE WOULD PREFER TO HOLD A SUBSTANTIVE DISCUSSION UNTIL IT'S UP FOR A VOTE, UM, BASED ON MY DISCUSSIONS WITH TAC MEMBERS.
[00:45:01]
DOES HAVE ANY FEEDBACK THEY WOULD LIKE PER KAITLYN'S SUGGESTION, I'M, I'M HAPPY TO, TO PROVIDE THAT.AND, AND THANK YOU FOR Y'ALL'S CONSIDERATION AND WILLINGNESS TO MOVE MEETINGS AROUND US TO TRY TO ADVANCE THIS ISSUE.
I SEE WE HAVE, UM, QUITE A BIT OF A QUEUE, UH, ERIC SCHUBERT.
UH, IN LIGHT OF THE, THOSE, THOSE COMMENTS, UH, UH, LION DELL WOULD RECOMMEND, WHICH WOULD SUGGEST, UH, TABLING, UH, 2 45 AT THIS TIME.
AND WE, UH, WE, WE DON'T NEED A MOTION OR ANYTHING TO, TO KEEP THIS TABLED.
WELL IF YOU DO, YOU HAVE IT HERE, SO, PERFECT.
GARRETT KENT, IS THAT MAYBE A MISTAKE IN THE QUEUE? YES.
STEVEN SLI? YEAH, THIS IS STEVEN SLI WITH
I'M, I'M HERE TO ANSWER ANY QUESTIONS FOLKS MAY HAVE, BUT I DID WANNA JUST SAY THAT I BELIEVE ERIC ARTICULATED THINGS WELL.
WE'RE, WE'VE SPENT A LOT OF TIME AND ENERGY.
UH, WE'RE, WE'RE NOT QUITE THERE YET.
WE'RE REALLY, REALLY WANTING TO GET TO SOMETHING THAT, THAT MAKES THIS NOER, UH, LESS IMPACTFUL, UH, YOU KNOW, FOR THE BOARD AND FOR THE COMMISSION.
UM, SO WE'RE, WE'RE TRYING TO WORK HARD TO, TO LET IT BE SMOOTHER THROUGH THE REST OF THE PROCESS.
UM, AND WE'VE HAD A LOT OF GOOD DIALOGUE IN THAT.
I THINK WE BETTER UNDERSTAND, YOU KNOW, SOME OF THE COMMENTS THAT WE'VE MADE AND, AND WHY, AND, AND, YOU KNOW, THE, THE THOUGHT PROCESS, WE CLEARED UP SOME MISUNDERSTANDINGS, I THINK.
UM, AND THERE ARE SOME CORE ISSUES THAT WE'RE STILL WORKING ON WHERE WE STAND APART AND TRYING TO FIND PERHAPS MORE CREATIVE, UH, WAYS OF ADDRESSING THAT.
SO, UH, WE DO APPRECIATE THAT EVERYBODY WORKED TO MOVE THE MEETING TO TRY TO ACCOMMODATE THIS.
UH, BUT UNFORTUNATELY WE WEREN'T SUCCESSFUL IN, IN MAKING THE TIMELINE, SO, UM, WE WOULD APPRECIATE SOME ADDITIONAL TIME TO CONTINUE ON.
YEAH, UM, I THINK IT'S A REALLY GOOD IDEA.
IF WE, ANYTHING WE CAN DO TO GET CLOSER TO A SINGLE SETTLEMENT IS BETTER TO MAKE THIS THROUGH, EVEN IF IT GETS CLOSER AND WE'VE ONLY GOT ONE OR TWO ITEMS THAT ARE HANGING OUT THAT'S EVEN EASIER, YOU KNOW, THAT CAN HELP TO GO THROUGH.
UH, SO I THINK THIS IS A GOOD IDEA.
MY ONLY QUESTION IS, IS STEVEN OR ERIC, WHICH ONE DO I SEND THE BILL TO FOR THE BOUQUET OF FLOWERS? I HAD TO BUY MY WIFE FOR BEING HERE TODAY.
YEAH, I LIKE FLOWERS, SO, SURE.
AND KEVIN WATCHED THE BABY ALONE FOR TWO NIGHTS BECAUSE OF THIS MEETING.
SO SOMEBODY HAS TO THANK YOU, KEVIN.
SEND HIM A BOTTLE OF WHISKEY OR SOMETHING.
UM, SO I THINK WE ARE ON RICHARD NOW.
SO STEVEN, CAN YOU, CAN YOU RATTLE OFF WHAT YOU THINK ARE THE CORE ISSUES? BECAUSE MY, MY, MY CONCERN IS, I, I DON'T WANT THIS CORE ISSUE LIST GROWING AFTER WE'VE TACKLED WHATEVER IS ON THE LIST RIGHT NOW.
UM, I DON'T THINK WE'RE EVER GONNA AGREE ON A WAIVER PROCESS.
UM, AND, AND I JUST, I WOULD LIKE TO UNDERSTAND WHAT IS STILL THE, WHAT ARE THOSE CORE ISSUES THAT YOU THINK YOU'RE DEALING WITH? SO I'M HESITANT TO GET INTO TOO MUCH DETAIL, UM, BECAUSE YEAH, ANYTHING THAT WE'VE PROPOSED SO FAR IN THESE SETTLEMENT DISCUSSIONS HAS BEEN A PROPOSAL, AND IT, IT GETS A LITTLE COMPLICATED BECAUSE, UH, ERCOT WILL OFFER A CONCESSION HERE, BUT IT'S DEPENDENT ON THEM AGREEING TO, TO PERHAPS DEFER CERTAIN LANGUAGE TO A FUTURE NORE.
AND, AND IF THEY'RE NOT WILLING TO DO THAT, IT KIND OF UNDERCUTS, RIGHT? AND SO I THINK REALLY IF YOU LOOK AT THE HOLISTIC PROBLEM, UM, I BELIEVE THAT THE JOINT COMMENTERS WANT TO HAVE A CLEAR PATH, UH, FOR A HUNDRED PERCENT OF THEIR GENERATION
[00:50:02]
TO HAVE, UH, WHAT DO I NEED TO DO? OR WHAT EXCEPTION WILL I BE GRANTED? AND I THINK US MAKING SURE THAT, UH, WE'RE NOT CREATING NEW EXCEPTIONS THAT DON'T EXIST TODAY, UH, IS, YOU KNOW, WHERE A NON-COMPLIANT UNIT TODAY IS, UM, IS ALL OF A SUDDEN NOW COMPLIANT BECAUSE THIS RULE CHANGE.I THINK THAT'S WHERE WE'RE, WE'RE TRYING TO FINE TUNE AND, AND MAKE SURE THAT WE'RE NOT LESSENING THE REQUIREMENTS FROM WHERE THEY'RE AT TODAY.
AND THAT REALLY DEPENDS ON DIFFERENT PERSPECTIVES FROM BOTH PARTIES.
SO, UM, HOPE, HOPEFULLY THAT GIVES YOU A LITTLE BIT OF INSIGHT ON, ON WHERE WE'RE WORKING AT, BUT I, LIKE I SAID, I DON'T WANT TO GET TOO MUCH INTO DETAILS AND UNDERCUT NO, I UNDERSTAND IT.
I'M NOT, I'M NOT ASKING YOU FOR YOU TO NEGOTIATE WITH YOURSELF.
UM, I'M JUST TRYING TO FIGURE OUT WHAT IT IS.
YOU MENTIONED YOU MAY GIVE ON ONE THING IN CONCESSION FOR ANOTHER.
I WANNA KNOW WHAT THE FOUR, YOU KNOW, ONE THINGS AND ANOTHER ARE, BECAUSE I DON'T WANT YOU TO WORK ON, I DON'T WANT YOU TO GET, GIVE ONE THING IN CONCESSION FOR GETTING RID OF ANOTHER AND THEN FINDING OUT, OH, WELL NOW THERE'S A FIFTH ITEM ON THE LIST.
I JUST WANNA KNOW THAT THE, AND IF, IF YOU, IF YOU CAN'T GIVE ME, AND I, I WASN'T LOOKING FOR NEGOTIATION.
I JUST WANTED, AND YOU MAY HAVE ADDRESSED IT, IF IT, IF IT'S ALL WRAPPED AROUND A CLEAR PATH FOR EVERY GENERATOR TO GET TO COMPLIANCE, MAYBE THAT'S IT, WHICH SOUNDS LIKE NIRVANA TO ME.
BUT, UM, I'M, I'M READY TO, READY TO GET MOVING AND I WILL STOP TALKING.
NO, I, I THINK THOSE REALLY IMPORTANT QUESTIONS, RICHARD.
YOU KNOW, I, I APPRECIATE THAT THE PARTIES HAVE BEEN KIND OF NEGOTIATING AND WANNA KEEP SOME OF THE PRO PROPOSALS AND DISCUSSIONS CONFIDENTIAL, BUT WE HAVE, YOU KNOW, 30 PLUS VOTING MEMBERS OF TAC AND, AND THIS IS AN IMPORTANT AND CONTENTIOUS ITEM.
AND SO I THINK, YOU KNOW, TO THE EXTENT THE, THE MEMBERS CAN BE INFORMED ON, ON WHAT THEY'RE EXPECTED TO VOTE ON IN, IN MARCH, I, I THINK THAT'S ENTIRELY APPROPRIATE.
ALRIGHT, RICHARD, ARE YOU? YES, SIR.
DID YOU WANT A RESPONSE FROM STEVEN? I, I, I'M NOT GONNA, IF HE'S GOT, GOT A GREAT ONE, I'LL TAKE IT, BUT I'M NOT GONNA LEAVE.
STEVEN, WOULD YOU LIKE TO RESPOND TO RICHARD'S COMMENTS? I DIDN'T QUITE HEAR HIM.
UM, I APOLOGIZE IF YOU COULD SPEAK INTO THE MIC, RICHARD.
I THINK, ERIC, DID YOU HAVE A, OH, IT WAS ERIC USING NED'S.
YEAH, WELL, I CAN, I HAVE A COMMENT, BUT I WANTED TO TELL HIM JUST, JUST BRIEFLY, RICHARD.
UH, I THINK, UH, WE'RE NOT TRYING TO HIDE THE BALL OR ANYTHING, UM, BUT IF WE'RE ABLE TO KIND OF HAVE THE FULL RANGE OF DISCUSSIONS AND WHERE THAT GIVE AND TAKE IS, UM, WE'RE BOTH TRYING TO AVOID THE FIFTH ITEM IN YOUR EXAMPLE.
AND SO ONE OF THE WAYS WE'RE DOING THAT IS BY DISCUSSING WHAT'S UP FOR DISCUSSION, WHAT'S NOT UP FOR DISCUSSION.
AND STEVEN MENTIONED THERE MIGHT BE BE FUTURE GERS.
SO WE'RE WORKING THROUGH ALL THAT.
I'M, I'M CAUTIOUSLY OPTIMISTIC THAT YOU'LL GET SOMETHING THAT'S, YOU KNOW, AGREEABLE TO EVERYBODY, UH, AND YOU'LL UNDERSTAND ITS RELIABILITY IMPACT.
WE'LL HAVE TO COMMUNICATE ALL THAT VERY CLEARLY AT THE NEXT TAC MEETING.
THAT, AND SO THE, THE COMMENT I HAD WAS JUST GONNA BE SUPPORTIVE OF THE, THE PROCESS, UM, AS FAR AS THE QUESTION THAT YOU LAID OUT ABOUT WHAT TAC MEMBERS WOULD NEED IN ORDER TO MAKE A DECISION AT OUR MARCH MEETING, UM, I THINK THE, THE FRAMEWORK, THE OUR CHAIR HAS, UH, PUT TOGETHER AND, AND ASKING OUR R OS CHAIR TO HELP, YOU KNOW, BE A NEUTRAL LAYOUT OF THE DIFFERENCES.
IF THERE ARE STILL DIFFERENCES, MAYBE THERE WON'T BE, BUT IF THERE ARE, UM, UNDERSTANDING AND SIMPLIFYING WHAT REMAINING GAPS THERE ARE, BECAUSE IF, IF WE HAVE TWO COMPETING VERSIONS TO LOOK AT, IT'S A VERY LONG AND COMPLICATED AND TECHNICALLY DETAILED, UM, UH, REVISION REQUEST.
AND SO HAVING A WAY TO SIMPLIFY THAT DISCUSSION, I THINK WILL HELP ADDRESS SOME OF THE, UH, THE, THE COMMENTS AND CONCERNS THAT CAME UP LAST MONTH.
AND, UM, AND MAYBE WE WON'T NEED IT.
AND THEN WE CAN JUST HAVE THE, THE ROADMAP THAT RICHARD ASKED FOR, FOR HOW WE GOT TO CONSENSUS.
BUT, UH, I THINK THIS IS A REALLY GOOD PROCESS AND EXACTLY WHAT, UH, TAC SHOULD BE TRYING TO ENCOURAGE.
I PUT MYSELF IN THE QUEUE JUST OUT OF CAUTION.
UM, SO THAT PLAN, NED, NED REFERENCED WAS IF IT IS STILL TWO VERSIONS, UM, KATIE RICHER ROSS CHAIR VOLUNTEERED TO, TO PUT TOGETHER A, A SLIDE FOR US COMPARING THE DIFFERENT VERSIONS, UM,
[00:55:01]
KIND OF HAVING A NEUTRAL THIRD PARTY DO THAT.I GUESS, CAN WE REQUEST AGAIN THAT WE WOULD GET THOSE COMMENTS AS FAR IN ADVANCE OF MARCH TECH AS POSSIBLE SO THAT, THAT WE CAN ALL READ THOSE AND UNDERSTAND WHAT, WHAT WE'RE VOTING ON AHEAD OF MARCH? AND THEN MY SECOND QUESTION IS, UM, OR ERCOT, YOU KNOW, I, I WON'T HARP ON THIS, BUT WE DID HAVE THIS MEETING MOVED UP BECAUSE YOU WANTED THIS AT THE, THE FEBRUARY BOARD.
ARE WE NOW, UM, TRYING TO HIT, UH, APRIL BOARD DEADLINE OR JUST KIND OF, THIS IS DONE WHEN IT'S DONE? UH, STEVEN TELL ME ANYTHING THAT I SAY THAT YOU DISAGREE WITH, BUT UH, OF COURSE WE WANNA GET THIS DONE AS QUICKLY AS POSSIBLE, GET YOU LANGUAGE AS QUICKLY AS WE CAN.
UM, WE'VE BEEN EXCHANGING RED LINES ALREADY.
WE WERE PRETTY CLOSE TO MEETING THIS MEETING.
WE JUST DIDN'T QUITE GET THERE.
SO I'M, I'M HOPEFUL WE CAN GET YOU SOMETHING WITH PLENTY OF TIME.
UM, WE'LL DO OUR BEST TO DO THAT.
UM, THERE'S A POSSIBILITY THAT IT COULD GO TWO WAYS.
ONE IS, UH, WE HAVE A COMMON AGREEMENT ON LANGUAGE, WHICH WOULD BE GREAT.
THE OTHER IS ERCOT WOULD FILE COMMENTS, WE WOULD FILE RESPONSIVE COMMENTS, AND KATIE RICH WOULD TELL US THE DIFFERENCE BETWEEN THE TWO.
UM, AND, AND WE'LL, WE'LL SEE WHICH ONE WE GET TO WHEN WE GET THERE.
UM, IN REGARDS TO THE TIMELINE, I THINK WE ALL WANNA GET THIS RESOLVED AS QUICKLY AS WE CAN.
AND SO IF WE CAN, YOU KNOW, IT'D BE GREAT IF WE CAN GET IT TO THE NEXT BOARD MEETING.
UM, AND I THINK WE'LL COMMUNICATE, YOU KNOW, THAT SCHEDULE TOGETHER, UM, AS WE GET THERE.
UM, BUT THE SOONER WE CAN CROSS THIS OFF AND MOVE ON TO THE NEXT NOER, THE BETTER.
I GUESS, YOU KNOW, TO, TO RICHARD'S POINT, I JUST WANNA MAKE SURE TAC HAS TIME TO REVIEW AND, AND UNDERSTAND.
SO, AND I UNDERSTAND THAT THOSE PARTIES ARE WORKING ON CONSENSUS, BUT IF YOU GET A SUBVERSION SIX HOURS AHEAD AND, AND TAC NEEDS TO TABLE TO, TO CONSIDER, I THINK THAT WOULD BE APPROPRIATE.
SO I JUST WANNA MAKE SURE THAT THE, THE TAC MEMBERS ARE GETTING A CHANCE TO, TO WEIGH IN AND, AND CONSIDER AS WELL.
I, I THINK, YOU KNOW, TAC IS NOT A RUBBER STAMP, UH, BODY, AND WE WANNA MAKE SURE THAT Y'ALL HAVE A COMPLETE UNDERSTANDING OF, UH, WHAT THE DECISION IS TO RECOMMEND TO THE BOARD.
AND SO, UH, I I WANNA MAKE SURE THAT YOU HAVE AS MUCH TIME AS YOU CAN, A COMPLETE UNDERSTANDING.
YOU KNOW, I, DEPENDING ON HOW LONG IT TAKES, UM, WE MIGHT BE ABLE TO GET IT, YOU KNOW, WELL IN ADVANCE OF SEVEN DAYS OR IT MIGHT BE SIX DAYS.
BUT IF IT'S TWO HOURS, THEN, THEN, UH, OBVIOUSLY YOU'LL HAVE TO TAKE WHATEVER TIME YOU NEED, RIGHT? SO I THINK THAT'S UNDERSTANDABLE.
ANY OTHER QUESTIONS OR COMMENTS? OKAY.
AND I, I DO KNOW, SO I WANNA THANK YOU GUYS.
I, I KNOW, UM, NEXTERA AND, AND GY AND, AND SOUTHERN POWER AND ERCOT AND, AND KATIE RICH ARE, ARE ROSS HERE HAVE BEEN PUTTING A LOT OF TIME INTO THIS.
SO, SO I DO WANT TO THANK YOU GUYS FOR THAT.
I THINK UNLESS THERE ARE ANY OTHER QUESTIONS OR COMMENTS, WE CAN MOVE ON FROM 2 45, UM, EXCEPT FOR THE CANDY FOR, FOR THE TIME BEING TODAY.
SO WE, WE HAVE A NUMBER OF OTHER REVISION REQUESTS THAT WERE PREVIOUSLY TABLED.
I BELIEVE WE, WE ARE LOOKING TO RECOMMEND APPROVAL OF THIS ONE TODAY.
UM, CAN WE PUT THIS ON THE COMBO BALLOT OR DOES ANYONE HA WANNA PULL THIS FOR A SEPARATE VOTE OR QUESTIONS OR COMMENTS? ALL RIGHT.
I BELIEVE THIS CAN REMAIN TABLED AS IT'S AWAITING NPR 1188.
IS EVERYBODY FINE WITH THAT REMAINING TABLED? ALL RIGHT.
UM, THE NEXT IS PI 1 0 5, I BELIEVE WE ARE WAITING ON COMMENTS TO THE COMMISSION AND, AND FURTHER DIRECTION OF THE COMMISSION.
SO THIS CAN CONTINUE TO REMAIN TABLED.
AND THEN, UM, I THINK THAT IS IT FOR THINGS PREVIOUSLY TABLED.
SO NOW WE ARE ONTO NEW, UM, OTHER BINDING DOCUMENT REVISION REQUESTS, AND WE DID ALREADY TAKE THE VOTE TO A WAIVE NOTICE ON O-B-D-R-R 51.
IS DAVE MAGGIO SPEAKING TO THIS ONE? COREY, DO YOU WANNA PULL THIS UP? I CAN GO FOR IT.
SO THIS ONE'S RELATED TO 1216, THE EMERGENCY PRICING PROGRAM, WHICH IS STILL AT PRS.
UM, SINCE THIS IS AN OBD, THE O-R-D-C-O-B-D, IT COMES DIRECTLY TO TAX.
SO WE'RE JUST ASKING TAC TO TABLE THIS UNTIL 1216 GETS HERE.
SO WE WOULD NEED, THIS IS THE FIRST TIME IT'S BEEN HERE, SO WE DO NEED TO HAVE A MOTION ON THAT.
IS EVERYBODY FINE WITH PUTTING TABLING
[01:00:01]
THIS ON THE COMBO BALLOT? I SEE SOME THUMBS UP.I SEE BILL BARNES IN THE QUEUE.
YEAH, WE'RE GOOD WITH TABLING.
I DID HAVE A, UM, POTENTIAL HEADS UP ON THIS.
CAN YOU BRING THE LANGUAGE BACK UP? THANK YOU, UH, FOR THE, YEAH, RIGHT THERE.
UM, WE NOTICED THAT IN THE NPRR ONE OF THE EDITS THAT ERCOT IS CREATING IS A, A TABLE THAT LISTS HCAP, ECAP, LCAP.
UH, WE THINK THAT IS VERY HELPFUL TO GO TO ONE PLACE TO KNOW WHAT THOSE ARE.
THE ONLY PLACE THAT VOL IS REFERENCED IS HERE.
SO YOU HAVE TO GO TO THE OBD TO FIGURE OUT WHAT VOL IS.
IT'S SET TO THE SYSTEM WIDE OFFER CAP AND DEFINITELY AGREE WITH THE EDIT.
THIS NEEDS TO BE UPDATED 'CAUSE IT COULD BE INTRADAY, UM, UNDER THE ECAP, BUT WE WERE WONDERING IF IT, IT MIGHT MAKE SENSE TO ADD VOL TO THE TABLE ALONG WITH ALL THE OTHER CAPS SO THAT THERE IS A ONE STOP SHOP TO KNOW WHERE ALL OF OUR MAJOR PRICING PARAMETERS ARE SET.
AND THAT WOULD BE THE SAME LANGUAGE THAT YOU SEE HERE, BUT JUST FOR EASE OF, UH, UNDERSTANDING WHERE THESE THINGS RESIDE.
IT'S A SUGGESTION FOR, UH, THE DISCUSSION AT WMS WHEN WE TALK ABOUT THE NPRR, WHICH I'LL BE BRINGING UP THERE.
UH, DID ERCOT WANT TO RESPOND TO THAT? YEAH, I, I WAS JUST GONNA SAY, WE'LL, WE'LL TAKE THAT BACK AND, AND TRY AND PREP, PREP FOR THAT.
I THINK THERE WAS A REASON WHY WE WANT TO KEEP, WANTED TO ONLY REFERENCE VOL AS A DEFINITION AND NOT OF VALUE.
UM, AND I THINK THAT'S BECAUSE OF THE POTENTIAL CHANGES TO THAT VALUE.
IT WOULDN'T, IT WOULDN'T BE A VALUE.
YOU WOULD JUST, INSTEAD OF HAVING TO GO TO THE OTHER BINDING DOCUMENT TO, TO SEE THIS LANGUAGE THERE, YOU WOULD TAKE THAT LANGUAGE AND YOU'D PUT IT IN THE NPRR OR IN THE PROTOCOLS WITH EVERYTHING ELSE.
SO DEFINITELY I THINK THERE WAS SOME THINKING BEHIND WHY THAT WASN'T INCLUDED.
BUT LET'S GO BACK AND REEXAMINE IT.
YOUR POINT IS, IS A GERMANE ONE.
UH, BILL, THANKS FOR BRINGING THAT UP.
AND I, I AGREE THAT THERE IS, IT, IT IS HELPFUL TO HAVE ALL OF THE DEFINITIONS IN THE NPRR.
UM, BUT THIS, THIS IS ALSO THE SAME ISSUE THAT I WAS, UH, TRYING TO BRING UP IN, IN THE WMS DISCUSSION.
IT WAS LIKE, WELL, IF, IF VOL IS BEING USED FOR, YOU KNOW, THE RELIABILITY STUDIES, AND I KNOW THERE WAS A LOT OF CONFUSION ABOUT HOW THAT, UH, PARAMETER INTERACTED WITH THIS PROVISION IN THE OTHER BINDING DOCUMENT, AND THEN IN TURN IN THE PROTOCOLS, IS IT, IS THE TIME RIFE TO FIND A NEW TERM FOR USE IN HERE? UH, I I HEARD SOME APPLAUSE
AND WE CAN, WHETHER WE TAKE THAT UP IN THIS, IN THIS SET OF CHANGES OR DO AS A SEPARATE STANDALONE CLEANUP, I THINK EITHER YEAH, EITHER WOULD BE A REASONABLE, SO MAYBE THIS, SOME ADDITIONAL CLEANUPS THAT MIGHT MAKE SENSE THAT WE GOT THESE THINGS OPEN.
I SEE MATT SAID WE CAN REMOVE HIM FROM THE QUEUE.
ERIC, I, I WAS GONNA SUGGEST WHAT MATT DID, SO I'LL BE BRIEF.
I, I JUST WANNA ADD, I THINK CALLING THIS FALL HAS LED TO CONFUSION.
UM, AND WE COULD CALL IT RDC PARAMETER, UM, IT DOESN'T MATTER WHAT WE CALL IT, BUT SOMETHING OTHER THAN VOL.
UM, VOL IS AN IMPORTANT CONCEPT, BUT HAVING IT MEAN TOO MANY THINGS CAN CONFUSE PEOPLE.
SO NOW'S A GOOD TIME TO FIX THAT.
OKAY, IAN? YEAH, I'D ALSO ADD THAT, UM, IN LOOKING THROUGH VOL IMPACTS, IT'S, UM, LITTER THROUGHOUT REALTIME CO OPTIMIZATION.
AND SO, UM, LOTS OF PARAMETERS IN THERE SET THE, UM, THE CAPS AT VOL.
SO DEFINITELY SOMETHING WE MIGHT WANT TO DO BEFORE WE START WORKING THROUGH ALL THAT.
IS THAT GOING THROUGH THE RTC PLUS B GROUP? IT, IT SHOULD.
YEAH, WE'LL GO BACK AND, AND CHECK THAT AND, AND VALIDATE IT.
I THINK, UM, YEAH, I, I, I THINK THAT NEEDS TO BE THOUGHT THROUGH AS, AS, AS WE TRY AND WORK THROUGH IT AND THE COMMISSION HAS SEPARATED SWAT AND INVOLVED, SO WE NEED TO MAKE SURE THAT ALIGNS.
UM, AND I THINK MATT SET UP, UH, SOME DISCUSSION ON SOME OF THE MECHANICS OF THAT.
YEAH, SO MATT MARIE, SO WE DID ADD SPECIFICALLY THE EMERGENCY PRICING AS AN ITEM TO THE RTC, SO THAT WOULD BE PART OF THE DISCUSSION, BUT IT'S TO FOLLOW THE NPR, SO IT'S KIND OF ALL IN THE SAME WHEELHOUSE.
SO WHETHER THAT'S AT WMS FOR TODAY'S DESIGN AND
[01:05:01]
AT RTCS IN PARALLEL, UH, BOTH SIDES CAN CONTRIBUTE TO THAT.SO WE DO HAVE IT ON OUR AGENDA, UH, AS PART OF THE ISSUES LIST.
I DON'T KNOW THAT WE HAD IT PLANNED TO TAKE UP NEXT WEEK, BUT WE CAN ADD THAT JUST TO, JUST A TOUCHSTONE OF WHAT TYPES OF THINGS TO LOOK AT, SO WE CAN ADD THAT.
ANY MORE DISCUSSION ON THIS OBDR FOR TODAY? OR ARE WE OKAY TO, TO HAVE TABLING THIS ON THE COMBO BALLOT? STILL? I, ALL RIGHT.
[8. RMS Report (Vote)]
THINK WE ARE ON OUR REPORTS.SO FIRST UP IS THE RMS REPORT.
I BELIEVE JOHN IS GIVING THIS.
CAN EVERYBODY HEAR ME OKAY? YES.
JOHN SCH IS LIMITED PROVIDING BRIEF RMS UPDATE.
UM, PLEASE DISREGARD RMG RRR 1 77.
UH, IT'S, UH, WAITING FOR APPROVAL OF THE, UH, IMPACT ANALYSIS.
SO WE'LL BRING IT BACK TO NEXT MONTH'S TAC.
WE ARE ASKING FOR TAC APPROVAL OF L-P-G-R-R 0 7 4, WHICH, UH, IS BASICALLY CLEANUP OF THE LOAD PROFILING GUIDE, UH, TO ALIGN SOME DEFINITIONS AND ADD SOME LUBBOCK RELATED ZIP CODES.
RIGHT, JUST A BRIEF UPDATE ON, UH, 24, UH, WORKING GROUP AND TASK FORCE LEADERSHIP.
UH, THIS YEAR WE ARE UTILIZING A CONCEPT OF CO VICE CHAIRS, UH, FOR OUR WORKING GROUPS.
AND THAT'S TO PROVIDE, UH, LEADERSHIP OPPORTUNITIES, UH, FOR PEOPLE THAT ARE INTERESTED AS WELL AS KIND OF DEVELOP A DEEPER BENCH, UH, OF LEADERSHIP CANDIDATES.
AND I'LL WRAP UP ON THE NEXT SLIDE WITH A BRIEF LUBBOCK UPDATE.
SO FEBRUARY 15TH, TOMORROW SHOPPING WINDOW CLOSES, AND THEN BEGINNING THE EVENING OF THE 15TH.
THROUGH THE 19TH, THE, THE DEFAULT REP, UH, ASSIGNMENT PROCESS WILL COMMENCE.
AND THEN MARCH 4TH THROUGH APRIL THE FIRST THE CUSTOMERS WILL ACTUALLY TRANSITION FROM LUBBOCK POWER AND LIGHT TO THEIR RETAIL PROVIDER OF CHOICE.
AND THEN WE'LL HAVE SOME, SOME REAL TIME UPDATES HERE.
SO AS OF THIS MORNING, THERE ARE APPROXIMATELY 56,000 CUSTOMERS THAT HAVE SELECTED A REP THAT'S ABOUT 52%.
UH, OVERALL, UH, BREAKING THAT DOWN INTO RESIN NON-RES, 54% OF RESIDENTIAL CUSTOMERS HAVE MADE A CHOICE AS OF TODAY, AND 43% OF NON-RES CUSTOMERS HAVE, HAVE MADE A CHOICE.
AND THEN IN THE DEFAULT PROCESS, GIVEN THE CURRENT TRAJECTORY OF, UH, ENROLLMENTS, WE'RE EXPECTING A ABOUT 40,000 CUSTOMERS TO BE, UM, ASSIGNED TO, UH, A DEFAULT RETAIL PROVIDER.
HAPPY TO ENTERTAIN ANY QUESTIONS? THANKS JOHN.
I JUST WANTED TO CONGRATULATE, UH, RMS AND ALL THE PEOPLE THAT WORK SO HARD IN THE ATHLETIC TRANSITION.
UH, HAVING THAT HIGH AMOUNT OF SWITCHES GET, GETTING PEOPLE TO THINK ABOUT THEIR CHOICE OF RETAIL PROVIDER IS A, A REALLY BIG WIN.
AND I KNOW PEOPLE HAVE PUT A LOT OF WORK INTO THAT.
UM, SO I JUST WANTED TO THANK YOU FOR LETTING, LETTING CUSTOMERS CHOOSE.
I WAS GONNA SIMILARLY, UH, CONGRATULATE THE WORK THAT, UH, EVERYONE THAT HAS, UH, CONTRIBUTED TO THIS EFFORT.
UH, THIS IS, I KNOW IT'S BEEN A BIG LIFT AND, UH, THIS IS A, A, A REALLY ENCOURAGING LEVEL OF ENGAGEMENT FROM, UH, FROM CUSTOMERS AT THE VERY OUTSET OF THEIR ENTRY INTO RETAIL COMPETITION.
AND HOPEFULLY IT, UH, IT CONTINUES.
UM, J JOHN, I DID HAVE ONE QUESTION JUST TO CLARIFY, SORT FOR EVERYONE'S, UH, AWARENESS WHEN THERE, WHEN THE CUSTOMERS ARE THAT DON'T MAKE IT AN AFFIRMATIVE CHOICE BEFORE THE GO LIVE DATE AND THEY'RE ASSIGNED TO A DEFAULT REP, THEY WILL BE ABLE TO SWITCH AND MAKE A CHOICE, UH, YOU KNOW, SOON THEREAFTER, RIGHT? ABSOLUTELY.
IN FACT, UH, DON'T WANNA GET INTO DETAILS.
WE HAD TO DRAW A LINE IN THE SEND THAT BEING THE 15TH.
SO ACTUALLY BETWEEN THE 15TH AND THE IN MARCH 4TH, YEAH, A CUSTOMER CAN SWITCH AWAY TO THEIR REP OF CHOICE.
SO WE DO HAVE THE ONE VOTING ITEM FROM R-M-S-O-P-G-R OH SEVEN FOUR.
GO AHEAD AND PUT THAT ON THE ACCOUNT BALLOT COMBO BALLOT, UNLESS ANYBODY HAS CONCERNS THERE.
[9. ROS Report (Vote)]
ALL RIGHT.I THINK WE CAN MOVE ON TO OUR ROSS REPORT.
[01:10:01]
UM, SO WE ARE WELCOMING BACK KATIE RICH, AND, AND THIS IS ACTUALLY A VOTING ITEM FOR TODAY.THE, UM, VOTING ON APPROVING THE THE 2024 ROSS CHAIR.
SO CAN WE PUT THIS ON THE COMBO BALLOT? LOOKS LIKE WE CAN.
ALRIGHT, SO GO AHEAD WITH YOUR REPORT.
YEAH, CAITLYN, I WANTED TO START BY THANKING YOU AND NED AND ERIC.
UM, HOPEFULLY I AM NOT NEEDED NEXT MONTH, BUT I JUST WANTED TO SAY THAT I REALLY APPRECIATED THE, THE CONFIDENCE THAT YOU PLACED IN ME TO BE THE NEUTRAL THIRD PARTY TO, TO PRESENT THAT AND HELP BRING IT TO A POSITIVE CONCLUSION.
ERIC, I KNOW YOU'VE, YOU'VE PUT IN LOTS OF WORK AND STEVEN PROBABLY DIDN'T APPRECIATE ALL THE EMAILS HE GOT FROM ME, BUT, UM, GENERALLY AM JUST TRYING TO, TO HELP MOVE THIS ALONG AND, AND HOPEFULLY WE'LL HAVE SOMETHING GREAT, UM, TO LOOK AT IN MARCH.
BUT, UM, BACK TO MY, MY LIST HERE, JUST HAVE ONE, UM, NOER UP FOR, UM, A VOTE TODAY.
AND UM, I DON'T KNOW IF BRITTANY'S ON THE PHONE, BUT AS SHE'S EXPLAINED, WE'RE TRYING TO MOVE A LOT OF THINGS OUT OF THE OBDS, UM, INTO, UM, NPRS AND GERS.
AND SO THIS IS JUST PART OF THAT EFFORT.
UM, AND THEN, SO WE DID APPROVE THE LANGUAGE FOR NOER 2 55.
I KIND OF PUT THIS IN THE SORT OF, UM, LIST OF IBR, UM, RELATED ISSUES.
WE'VE GOT 2 45, WE'VE GOT 2 55, AND THEN, UM, PICKER 1 0 9, I KIND OF PUT IN THAT AS WELL.
BUT, UM, NUMBER 2 55, WE DID APPROVE THE LANGUAGE.
I MAY HAVE THE SKINNY ON THIS THAT THERE MIGHT BE SOME COMMENTS FILED BEFORE WE BRING UP THE IA IN MARCH.
SO, UM, YOU KNOW, KEEP A LOOK OUT FOR THOSE.
AND, UH, WE DID APPROVE THE OTWG SCOPE.
THEY'VE GOT A LOT OF GREAT TRAININGS COMING UP THIS YEAR, SO CHECK THOSE OUT.
AND AS USUAL, UM, THE NEXT COUPLE OF SLIDES ARE JUST KIND OF THE ITEMS THAT ARE STILL OUT THERE WITH ALL OF OUR WORKING GROUPS AND WE TRY TO NOTATE, YOU KNOW, WHERE THOSE ARE.
UM, SO THAT YOU KNOW WHERE TO PLUG IN.
SECOND SLIDE IS MUCH OF THE SAME.
AND THEN, YEAH, CHECK THIS OUT.
SO, UM, WE ARE ALMOST, UH, COMPLETELY FULL.
I THINK N-D-S-W-G IS LOOKING FOR A VICE CHAIR, BUT OTHER THAN THAT, UM, FOLKS HAVE STEPPED UP TO THE PLATE.
SO WE'VE GOT SOME, UM, OLD FOLKS LIKE, UH, RICKY COMING BACK TO OWG AND THEN SOME NEW FACES LIKE KEVIN BUNCH COMING BACK TO P-D-C-W-G.
SO, UM, AND THEN LAST SIDE, I DIDN'T KNOW KEVIN HAD THAT KIND OF TIME, SO
SO OUR, UH, UM, FOR OUR ROSS GOALS, WE DID MAKE SOME PROGRESS.
UM, I THINK THERE ARE SOME MORE COMMENTS TO BE SUBMITTED, BUT IT SOUNDS LIKE BASED ON TODAY'S DISCUSSION, WE MIGHT HAVE A LITTLE MORE TIME ON THOSE AS WELL.
AND NEXT MEETING IS MARCH 7TH.
WE TRY TO MAKE THOSE WEBEX TO ALLOW FOLKS KIND OF SOME FLEXIBILITY IF THEY NEED TO COVER SOME OPEN MEETING ITEMS. UM, SO THAT'S WHY YOU'RE SEEING, UH, ABOUT HALF OF THESE ARE GONNA BE WEBEX ONLY.
UH, AND THAT'S ALL I HAVE UNLESS THERE'S ANY QUESTIONS.
SO WE ARE LOOKING TO RECOMMEND APPROVAL OF NO 2 61 AS RECOMMENDED BY ROSS IN THE TWO ONE ROSS REPORT.
DOES ANYBODY HAVE AN ISSUE WITH PUTTING THIS ON THE COMBO BALLOT? DOESN'T LOOK LIKE IT.
[10. WMS Report (Vote)]
ON TO OUR WMS REPORT.I BELIEVE ERIC IS GIVING THIS.
ERIC BLAKEY WITH PARTNERS ELECTRIC CO-OP UH, CHAIR OF THIS YEAR'S WHOLESALE, UH, MARKET SUBCOMMITTEE.
UH, I WANNA FIRST SAY HAPPY VALENTINE'S DAY.
ALSO FEEL LIKE A NEED TO AT LEAST ACKNOWLEDGE THIS IS THE THREE YEAR ANNIVERSARY OF YURI AND, UH, CHANGED ALL OF OUR LIVES AND, UH, LIVES OF MANY TEXANS.
AND I JUST THINK WE NEED TO, I THINK IT'S, IT'S, UH, PROBABLY BEEN SOMETHING THAT WE THINK ABOUT EVERY DAY, UM, ONE WAY OR THE OTHER.
SO JUST WANT TO ACKNOWLEDGE THAT.
UM, THE, UH, THE REPORT WE HAD A, A Q AND A WITH BRATTLE ON VAL.
THERE'S BEEN A LITTLE DISCUSSION ABOUT THAT TODAY.
UH, THEY ANSWERED SOME QUESTIONS RELATED TO THEIR LITERATURE REVIEW AND THE INTERIM, UH, VALUE OF LOSS LOAD DEVELOPMENT.
THIS REPORT WAS FILED BY ERCOT IN PUC PROJECT 5 5 8 3 7.
[01:15:03]
UH, THE DISCUSSION WAS A BIT EX EXTENSIVE AND I THOUGHT, UH, HELPED CLARIFY MANY OF THE QUESTIONS, UH, THAT, THAT FOLKS HAD ON THE, ON THE REPORT AND WHAT WE'RE DOING.UM, BRAD SAID THERE WERE LIMITATIONS WITH USING EXISTING STUDIES AND STRESS THAT THE ERCOT SPECIFIC SURVEY WILL BE A SUPERIOR SOURCE OF INFORMATION.
UM, THERE WAS, UH, THEY EXPECT FURTHER DISCUSSION, UH, ON THE SURVEY AT TOMORROW'S OPEN MEETING.
ALSO, UH, THERE WAS SOME OUTSTANDING QUESTIONS AROUND THE FUTURE USE OF ALL IN PLANNING AND RELIABILITY STUDIES AND I JUST WANTED TO, TO SAY THOSE, THOSE QUESTIONS, UH, CAN BE ADDRESSED AT THE NEXT SUPPLY ANALYSIS WORKING GROUP MEETING ON FEBRUARY 16TH, THEN THE HDL SLASH LDL MANUAL OVERRIDE REPORT.
ERCOT PROVIDED A REPORT DETAILING FIVE NON-CONSECUTIVE DAYS IN AUGUST AND SEPTEMBER WITH MANUAL OVERRIDES TO THE HIGH DISPATCH LIMIT AND LOW DISPATCH LIMIT OF 37 RESOURCES.
THIS WAS CAUSED BY A CONSTRAINT THAT HAD EXCEEDED ITS LOAD SHED RATING TO AVOID A POTENTIAL RISK OF CASCADING OUTAGES IF THE CONSTRAINT WAS NOT MANAGED IN A REASONABLE AMOUNT OF TIME.
WE DISCUSSED THIS IN DETAIL AND POTENTIAL OPTIONS THAT WERE UNDER CONSIDERATION.
THE, UM, ANNUAL UPDATE TO THE CRR ACTIVITY CALENDAR OR CUT WALKTHROUGH A PRESENTATION REGARDING UPDATES TO THE CRR CALENDAR.
THIS IS A REQUIREMENT BY ERCOT TO POST AN UPDATED CALENDAR NO LATER THAN APRIL 1ST OF EACH YEAR, AND WMS APPROVED THE ACTIVITY CALENDAR AS SUBMITTED.
THE 2023 Q4 SETTLEMENT STABILITY REPORT.
ERCOT PROVIDED, UH, A REPORT AND IT TRACKS THE NUMBER OF PRICE CHANGES RESETTLEMENTS AND NUMBER OF AND TYPES OF DISPUTES SUBMITTED.
THE REPORT ALSO INCLUDED INFORMATION RELATED TO THE NET ALLOCATION TO LOAD ALONG WITH SECURITIZATION DEFAULT CHARGES AND UPLIFT CHARGES BY MONTH FOR THE PAST 13 MONTHS.
AND THEN THE 2023 Q4 UNREGISTERED DG REPORT UPDATE, UH, ERCOT PROVIDED SHOWING AN UNREGISTERED DG OF 2,511 MEGAWATTS OF INSTALLED CAPACITY FROM SOLAR, WIND, OTHER RENEWABLE AND NON-RENEWABLE SOURCES IN ERCOT, UH, WITH THE MAJORITY FROM SOLAR.
THIS IS AN INCREASE OF APPROXIMATELY 127 MEGAWATTS OVER Q3, APPROXIMATELY 1400 MEGAWATTS IN THE COMPETITIVE AREA, AND 1100 MEGAWATTS IN THE NOA AREAS.
AND THEN OUR REVISION REQUESTS, UH, NOPE, NPR 1214, THE RELIABILITY DEPLOYMENT PRICE ADDER FIX TO PROVIDE LOCATIONAL PRICE SIGNALS, REDUCE UPLIFT AND RISK.
THIS WAS FILED BY SEVERAL JOINT COMMENTERS AND, UM, WMS VOTED TO REQUEST THAT PRS CONTINUE TO TABLE THIS TO ALLOW FURTHER REVIEW BY, UH, CMWG AND THEN THE VCMR 39, UH, RELATED TO NPR 1216 AND THE EMERGENCY PRICING PROGRAM WE'VE TALKED ABOUT A LITTLE BIT THIS MORNING.
THIS WAS TABLED AND REFERRED TO WMWG AND THEN WE APPROVED, UH, THE IMPACT ANALYSIS AND, AND THEREFORE HAVE TWO VOTING ITEMS FOR YOUR CONSIDERATION.
THIS WOULD MOVE THE OBD TO SETTLEMENT WORKING, UH, SETTLEMENT METERING, OPERATING GUIDE, AND SMR 30, WHICH WOULD MOVE OBD TO SETTLEMENT.
UH, OPERATING GUIDE, UH, EPS METERING FACILITY, TEMPORARY EXEMPTION REQUEST APPLICATION FORM, AND WE WOULD LOOK FOR A VOTE ON THAT.
I THINK REAL QUICK, IF YOU WANNA GO TO PAGE OR THE NEXT PAGE, THIS IS, UH, OUR STATUS OF TABLED REVISION REQUESTS.
UM, AND WE WILL CONTINUE TO, TO LOOK AT THESE AND HAVE THESE DISCUSSIONS AT THE WORKING GROUPS.
I BELIEVE THAT'S MY LAST SLIDE.
OUR NEXT MEETING IS, UH, SCHEDULED FOR MARCH 6TH, AND I WILL BE HAPPY TO ANSWER ANY QUESTIONS AND WOULD ASK THAT WE GET A, A VOTE OR A COMBO VOTE ON OUR TWO ITEMS. ALRIGHT, THANKS ERIC.
AND THAT'S RIGHT, WE ARE LOOKING, UM, TO RECOMMEND APPROVAL OF SMUGGER 27 AND 30 AS RECOMMENDED BY WMS IN THE TWO SEVEN WMS REPORT.
FOR BOTH OF THOSE, DOES ANYONE HAVE, UH, AN ISSUE WITH PUTTING THOSE BOTH ON THE COMBO BALLOT? MORE THUMBS UP.
ANYBODY HAVE ANY QUESTIONS OR COMMENTS FOR ERIC ON HIS REPORT? ALL RIGHT, THANK YOU ERIC.
[11. Credit Finance Sub Group (CFSG) Report (Vote) • Credit Finance Sub Group (CFSG) Charter]
WE ARE ONTO THE CREDIT FINANCE SUBGROUP.[01:20:01]
CAN YOU HEAR ME OKAY? YEP.UM, IF YOU JUST GO TO SLIDE FOUR, I PROMISED I'D TRY TO KEEP THIS UNDER TWO MINUTES.
UM, OUR NEXT MEETING IS NOT TILL AFTER THIS MEETING.
SO JUST WANTED TO MENTION ON THE, UH, UM, COMBO BALLOT TODAY IS, UH, I THINK TO CHANGE OUR GROUP CHARTER.
UH, WE VOTED TO REMOVE THE TAC ANNUAL REVIEW REQUIREMENT FROM THE CHARTER.
SO GOING FORWARD, TAC WOULD ONLY APPROVE ANY CHANGES THAT OUR GROUP HAD PROPOSED TO OUR OWN CHARTER, SO YOU WOULDN'T BE REQUIRED TO REVIEW IT EVERY YEAR.
AND, UM, SO THIS JUST WOULD RESOLVE A SITUATION IN CASE IT DIDN'T GET VOTED ON THAT SOMETI, THAT SOMEHOW OUR GROUP WOULD BE SORT OF ADMINISTRATIVELY DISSOLVED.
UM, BUT THIS IS JUST A CLEANUP.
UH, OTHER THAN THAT, I PRESENTED EVERYTHING THAT'S IN THIS, UM, PRESENTATION FROM JANUARY.
SO IF YOU DON'T HAVE ANY QUESTIONS, I'M HAPPY TO MOVE ON.
AND WE ARE LOOKING, UM, TO, TO APPROVE THE CREDIT FINANCE SUBGROUP, UH, GROUP CHARTER.
AND AS BRENDAN SAID, THAT IS JUST, THERE WAS A REQUIREMENT IN THERE FOR ANNUAL TECH APPROVAL AND WE ARE REMOVING THAT.
UM, AND JUST WILL APPROVE ANY TIME THE, THERE, THERE ARE CHANGES TO THE CHARTER AND THAT LANGUAGE IS ON THE SCREEN.
IS EVERYBODY OKAY WITH ADDING THIS TO THE COMBO BALLOT? ALL RIGHT, I DON'T SEE ANY QUESTIONS OR COMMENTS.
[12. ERCOT Reports]
CAN MOVE ON TO ERCOT REPORTS.UH, THE FIRST REPORT, OR ONLY REPORT, IS FORECAST FORECAST ADEQUACY OF THE BUDGETED SYSTEM ADMINISTRATION FEE.
UM, THANKS FOR HAVING ME AGAIN THIS YEAR.
UH, WE HAVE THIS FORECAST ADEQUACY OF THE BUDGETED SYSTEM ADMINISTRATION FEE PRESENTATION WE GIVE Y'ALL EVERY YEAR, UM, AT YOUR REQUEST.
UM, WE'VE COMMITTED TO DO THIS, UH, WE HAVE A VERY UNEVENTFUL PRESENTATION THIS YEAR.
WE HAVE, UH, NO, NO CHANGE PROPOSED TO THE CURRENT YEAR.
WE HAVE A REJECTED ADEQUATE FEE FOR 2025.
ANY QUESTIONS OR COMMENTS ON THAT? I SEE BILL BARNES, JUST ONE SUGGESTION HERE, RICHARD.
I THINK IN THE PAST, UM, TRACK WOULD GET A, A PREVIEW OF THE BUDGET OR A REVIEW OF THE BUDGET.
UM, I'M NOT SAYING WE NEED TO DO THIS NOW, BUT MAYBE FOR NEXT YEAR WHEN YOU COME BACK ON THE ADEQUACY FINDING, UH, IT WOULDN'T HURT TO HAVE A, MAYBE A FEW SLIDES THAT ACTUALLY SHOW US THE ACTUAL BUDGET ITSELF AND KIND OF WHERE WE'RE TRENDING AND WHAT WE'RE SPENDING MONEY ON.
I KNOW THIS IS ALL DISCUSSED AT THE FINANCE AND AUDIT COMMITTEE AS WELL, WHICH I KNOW WE CAN ATTEND THAT, BUT I THINK THAT MIGHT BE HELPFUL FOR BACKGROUND.
ARE YOU THINKING A, UH, ARE YOU THINKING A, UH, JUST KIND OF LIKE OUR, OUR MONTHLY, I MEAN OUR, OUR, OUR FINANCIAL SUMMARY THAT WE GIVE THE BOARD EXACTLY AT THE BOARD MEETINGS OR ARE YOU SOMETHING, SOMETHING, A PREVIEW OF THE UPCOMING BUDGET THAT WE'RE CONSIDERING, BUT JUST A LITTLE BIT MORE BACKGROUND ON WHAT, WHAT'S ADEQUATE AND WHY AND WHAT, WHERE THE DOLLARS ARE GOING I THINK WOULD BE HELPFUL.
WE'LL, WE'LL, WE'LL, WE'LL, I'LL GET BACK TO YOU ON THAT.
CAN I, BILL, IS IS, IS YOUR REQUEST, UM, SOMETHING MONTHLY OR JUST RE RELATED TO THE BUDGETARY PROCESS? JUST YEAH, THIS, OKAY.
SO WHEN WE, I JUST WANNA MAKE SURE THAT'S, THAT'S CLEAR THAT YOU JUST WANT SOMETHING AS THE BUDGET MOVES THROUGH TO THE BOARD.
YEAH, IT EITHER CHANGES OR WHEN YOU COME PER YOUR, THE OBLIGATION TO REPORT THE TAC THAT IT'S ADEQUATE.
I, IT WOULDN'T HURT TO HAVE LIKE A COUPLE SLIDES ON IT, JUST KIND OF FLASHING UP WHAT THE BUDGET IS AND SOME BACKGROUND.
BE SORRY, RICHARD, I SPOKE COVID.
WE'RE LOOKING AT CURRENT STATE.
I'M SORRY, KAAN, I'M JUMPING IN AS WELL.
UM, WHEN WE'RE THINKING ABOUT JUST A COUPLE OF EXTRA SLIDES TO SHOW WHERE WE ARE AND HOW WE'RE MOVING FORWARD.
UM, THE TIMING OF THIS VERSUS THE BOARD IS ALWAYS TRICKY BECAUSE THAT WOULD MEAN Y'ALL WOULD BE SEEING IT BEFORE, BEFORE THE BOARD AT THE FEBRUARY MEETING.
SO I'LL, WE'LL JUST HAVE TO, TO WORK OUT WHAT, WHAT WE'RE SHOWING Y'ALL.
BUT YEAH, I THINK WE CAN GET SOMETHING TOGETHER THAT WOULD GIVE YOU A LITTLE MORE CONTEXT TO WHY WE THINK IT'S ADEQUATE.
OKAY, RICHARD? NO, WE'RE GOOD.
ANY OTHER QUESTIONS OR COMMENTS ON THIS SLIDE? ALRIGHT, I THINK WE CAN MOVE
[13. Other Business]
ON TO OTHER BUSINESS.[01:25:01]
ERT, BOARD STAKEHOLDER ENGAGEMENT.OKAY, SO WE TEASED THIS LAST MONTH AND WE'RE BACK TO PROVIDE A LITTLE BIT MORE DETAIL AROUND THAT BOARD STAKEHOLDER ENGAGEMENT.
UM, AGAIN, THIS IS AN OPPORTUNITY FOR ERGOTS BOARDS SINCE THEY ARE INDEPENDENT, UM, TO HAVE MORE ENGAGEMENT WITH STAKEHOLDERS SO THEY CAN BETTER UNDERSTAND ISSUES THAT ARE IMPORTANT TO SEGMENTS AND COMPANIES.
UM, WE THINK STAKEHOLDER INPUT IS IMPORTANT AND VERY VALUABLE TO THE BOARD, SO WE LIKE TO SUPPORT THAT DIRECT COMMUNICATION.
SO PRIOR TO EACH BOARD MEETING, WE'LL BE HOSTING SMALL GROUP SESSIONS SO THAT COMPANIES CAN MEET WITH THE DIRECTORS.
UM, COREY, IF YOU GO TO SLIDE THREE, I THINK THAT TALKS ABOUT THE LOGISTICS.
THIS IS THE NEXT SLIDE, SLIDE FOUR.
SO LOGISTICALLY WE'LL HAVE TWO DIRECTORS IN EACH SESSION, A TAC REPRESENTATIVE, AND THEN THEY CAN BRING UP TO THREE PEOPLE WITHIN THEIR COMPANY.
AND THEY WILL ALSO HAVE A ERCOT ENGAGEMENT LIAISON TO HELP THINGS RUN SMOOTHLY.
UM, FOR THIS FIRST GO AROUND, WE'RE GONNA KEEP IT TO AN HOUR TOTAL, SO WE'LL HAVE FOUR CONCURRENT SESSIONS.
UM, BUT DUTY TIMING, EACH TAC REPRESENTATIVE SLASH COMPANY WILL PARTICIPATE IN ONLY TWO SESSIONS.
SO THEY'LL HAVE THE OPPORTUNITY TO INTERACT WITH A TOTAL OF FOUR BOARD MEMBERS.
UM, THIS IS HOW WE'RE APPROACHING IT FOR FEBRUARY.
DEPENDING ON WHAT KIND OF FEEDBACK WE GET FROM THIS SESSION, UM, TIMES COULD CHANGE GOING FORWARD TO MAKE IT MORE EFFICIENT.
UM, SO NEXT SLIDE IS, UH, THE AGENDA.
SO WE'RE GONNA HAVE A PRETTY FLEXIBLE AGENDA.
UM, IT'S A TIME FOR MEMBERS TO DISCUSS THEIR PRIORITY ISSUES AND ANY GENERAL OBSERVATIONS THEY MIGHT HAVE.
THEY ONLY HAVE 25 MINUTES, SO I WOULD, UH, ENCOURAGE THAT THEY KEEP IT PRETTY CONCISE.
UM, FOR FEBRUARY, WE'VE ALREADY REACHED OUT TO THE TAC CHAIR AND VICE CHAIR COMPANY, SO JUPITER AND ENCORE, AND THEN ALSO T REPRESENTATIVES WHOSE, UM, COMPANIES ARE REP, UH, REPRESENTED ON SUBCOMMITTEE LEADERSHIP.
SO PEC AND CPS WILL ALSO BE PARTICIPATING.
GOING FORWARD, WE'LL OFFER THIS TO OTHER TAC REPRESENTATIVES AND WE'LL TRY TO KEEP THE SEGMENTS VARIED AT EACH BOARD MEETING.
UM, SOME REPRESENTATIVES HAVE ALREADY REACHED OUT TO US EXPRESSING INTEREST, SO WE DO APPRECIATE THAT.
UM, THIS IS AN OPTIONAL ENGAGEMENT SO YOUR COMPANY CAN CHOOSE NOT TO PARTICIPATE.
UM, AND WE DO REALIZE THERE ARE 30 TAC MEMBERS, SO WE'LL NEED TO INCREASE THE NUMBER OF COMPANIES.
UM, WE HAVE FOR THE REMAINING BOARD ENGAGEMENTS THAT WE'RE TRYING TO GET THROUGH 'EM ALL THIS YEAR, BUT THAT'S STILL TO BE DETERMINED.
BILL, ARE YOU IN THE QUEUE? YEAH.
UM, ON OUR PREP CALL YESTERDAY, JENNIFER, JAY, CHRIS AND I HAD REALLY STRUGGLED WITH KIND OF UNDERSTANDING WHAT, HOW THIS WOULD WORK.
UM, SOUNDS LIKE A SPEED DATING THING.
SO I MEAN, IS IS IT A COMPANY AND A BOARD MEMBER MEETING SEPARATELY OR IS THERE A SMALL GROUP OF TAC MEMBERS? AND DO YOU SIGN UP? DO YOU, CAN YOU MAYBE GIVE US AN EXAMPLE? BOARD MEMBER X IS SITTING IN THE CORNER, HOW DOES THAT WORK? SO FOR THIS ROUND, WE'RE GONNA HAVE FOUR CONCURRENT SESSIONS.
EACH SESSION HAS TWO DIRECTORS IN THEM, AND THEN EACH TAC MEMBER AND THEIR REPRESENTATIVE WILL MEET WITH THESE TWO DIRECTORS INDIVIDUALLY.
DOES THAT MAKE SENSE? SEPARATELY? SO IT'S ONLY ONE TAC MEMBER AND THEIR COMPANY IN A ROOM TOGETHER WITH TWO REPRESENTATIVES JUST FOR THIS, FOR THE FEBRUARY MEETING? YES.
THAT, THAT'S HOW WE'RE APPROACHING IT FOR THIS ONE.
SO IF I, THERE'S A SESSION WITH A COUPLE BOARD MEMBERS THAT I'D LIKE TO SIT IN.
AND UNLESS I BRING SOMEONE ELSE FROM NRG AND THEN EXACTLY.
AND THEN YOU MOVE TO THE NEXT SESSION.
SO YEAH, YOU'RE, YOU'RE RIGHT, IT'S LIKE SPEED DATING.
UM, YOU'LL ONLY BECAUSE OF THE TIME LIMIT, YOU ONLY GET TO DO TWO SESSIONS.
SO WE'RE STILL TRYING TO FIGURE OUT, YOU KNOW, HOW TO PAIR UP THE BOARD MEMBERS WITH EACH COMPANY INT REPRESENTATIVE AND, OKAY.
YEAH, I JUST, SO THIS IS REALLY SET UP TO DO A HIGH LEVEL DISCUSSION OF WHAT WE SEE AS PRIORITIES MOVING FORWARD AND NOT SPECIFICALLY ON, OR I GUESS IT COULD BE ON A SPECIFIC ISSUE THAT'S COMING UP TO THE BOARD THAT YOU THINK THEY NEED TO UNDERSTAND.
YEAH, I WOULD SAY IT'S MORE A PRIORITY ISSUES AND WHAT'S GOING ON IN YOUR COMPANY.
UM, MORE OF AN EDUCATION SESSION FOR BOARD MEMBERS.
I I HAVE A FOLLOW UP QUESTION TO THAT.
FOR CLARITY, IS THERE ANYTHING OFF LIMITS? LIKE, WOULD IT BE NOT APPROPRIATE TO DISCUSS IF, YOU KNOW, FOR EXAMPLE, IF, IF ONE OF JOINT COMMENTERS WAS IN ONE OF THESE SESSIONS, IF THEY WANTED TO DISCUSS 2 45, WOULD THAT BE OFF LIMITS?
[01:30:04]
I DON'T KNOW IF IT WOULD BE OFF LIMITS, BUT, YOU KNOW, IT IS MORE OF AN EDUCATION SESSION TO THE BOARD, UM, TO TALK ABOUT YOUR COMPANY AND YOUR PRIORITIES.SO I GUESS IF NORE 2 45 IS A PRIORITY, THAT WOULD QUALIFY.
I THINK WE'RE ON THE RIGHT TRACK HERE.
JUST KIND OF A CLARIFIED QUESTION.
FOR THE FOUR CONCURRENT SESSIONS, WOULD THERE BE DIFFERENT MARKET SEGMENTS IN THE SAME SESSION OR WOULD IT BE JUST ONE LIKE THE I REPS ALL IN ONE SESSION TOGETHER? NO, IT WOULD BE JUST BE THE ONE TAC REPRESENTATIVE IN THEIR COMPANY PER SESSION.
SO IT'S LIKE A PRIVATE SESSION FOR YOUR COMPANY.
THERE WOULDN'T BE OTHER COMPANIES IN THERE WITH YOU,
HOW, HOW CAN WE POSSIBLY GET THAT MANY MEETINGS DONE IN AN HOUR? SO YOU'RE GONNA HAVE FOUR CONCURRENT, YOU CAN ONLY ATTEND TWO, YOU'RE ONLY BE ATTENDING TWO SESSIONS.
SO THAT'S 25 MINUTES PER SESSION, SO THAT'S 50 MINUTES, RIGHT? I GUESS WE'RE ASSUMING NOT EVERY TAC MEMBER SHOWS UP AT THE BOARD MEETING WANTING A MEETING? NO.
WE'LL, WE'LL PLAN IT OUT BEFORE EACH MEETING.
SO FOR THE NEXT MEETING WE'RE GONNA BE REACHING OUT TO TAC REPRESENTATIVES ASKING, ARE YOU INTERESTED IN PARTICIPATING IN THIS ONE? OKAY.
SO THE EIGHT 30 TO NINE 30 IS TO BE DETERMINED BASED ON YOUR EXPRESSION OF INTEREST THAT YOU WANNA PARTICIPATE, RIGHT? YEAH.
SO YOU'LL KNOW BEFOREHAND AND WE'LL HAVE TO GET, YOU KNOW, A LIST OF, WE'VE ALREADY ASKED ALL OF THE PEOPLE THAT ARE PARTICIPATING IN THIS ROUND LIST OF PEOPLE THAT ARE COMING FROM YOUR COMPANY.
UM, SO IT'S ALL PLANNED OUT BEFOREHAND.
WELL, AND BY THE WAY, THANK YOU FOR THE OPPORTUNITY FOR US TO INTERACT WITH BOARD MEMBERS.
DON'T GET MY QUESTIONING AS A, A SIGN OF THAT WE DON'T, UH, SUPPORT THE PROCESS.
WE'RE JUST TRYING TO UNDERSTAND IT AND THEN GOING FORWARD.
HOW WILL IT WORK GOING FORWARD? SO DEPENDING ON THE FEEDBACK WE GET FROM THIS ONE, UH, FROM THIS PILOT, UM, WE WILL EITHER EXTEND THAT TIME IF WE FIND THAT 25 MINUTES ISN'T A LOT OF TIME, OR IF IT'S TOO MUCH TIME, UM, WE'LL ADJUST IT AS NECESSARY.
AND WE'LL COMMUNICATE THAT TO TACK IF WE MAKE ANY CHANGES.
THANKS FOR PUTTING THIS TOGETHER.
I THINK IT'S IMPORTANT TO HAVE THIS KIND OF OUTREACH WITH BOARD MEMBERS.
I, MY QUESTION IS, IS EVERY TAC MEMBER AFFORDED AN OPPORTUNITY TO ENGAGE IN THESE SESSIONS EVERY MONTH OR EVERY BOARD MEETING OR, I'M STILL STRUGGLING UNDERSTANDING, RIGHT.
WE'RE GONNA, SO WE'RE GONNA TRY TO OPPORTUNITY, YEAH, WE'RE GONNA TRY TO WORK THROUGH ALL OF THE TAC MEMBERS IN THE YEAR.
SO BEFORE EVERY BOARD MEETING THIS YEAR, WE WILL HAVE THESE SESSIONS AND WE ARE TRYING TO WORK THROUGH ALL OF THE TAC MEMBERS, UM, DURING THE YEAR.
SO THIS SESSION, OF COURSE, WE, OKAY, SO LEMME BE MORE DIRECT.
SO FOR THE, THE MEETING COMING UP, UH, IN FEBRUARY OR WHATEVER THE NEXT ONES YOU'RE GONNA DO, YOU'RE GONNA REACH OUT TO A, A SUBSET OF MEMBERS ON ATTACK YES.
AND ASK THEM IF THEY'D LIKE TO ENGAGE IN THE OUTREACH.
AND THEN THE NEXT BOARD MEETING, YOU'RE GONNA REACH OUT TO A SEPARATE SET AND ASK THEM AND YOU'RE GONNA CYCLE THROUGH THE WHOLE LIST BY THE END OF THE YEAR? THAT'S CORRECT.
UH, I THINK YOU MAY HAVE ANSWERED A QUESTION, BUT I'M GONNA ASK IT A LITTLE DIFFERENTLY.
IS THIS ANTICIPATED TO BE AN ANNUAL EVENT SO THAT OUR COMPANY CAN MEET WITH THE BOARD MEMBERS ANNUALLY AND, YOU KNOW, WITH DIFFERENT BOARD MEMBERS ACROSS THAT PERIOD OF TIME? YEAH.
THAT, THAT'S OUR GOAL RIGHT NOW IS TO CYCLE THROUGH ALL THE TAC MEMBERS THIS YEAR.
THE OTHER THOUGHT IS, IS THAT, UH, YOU KNOW, IT MAY NOT BE, TIMING MAY NOT BE APPROPRIATE WHEN YOU CALL ME AND SAY, OKAY, MY GOLDEN SPREADS TURN IS, IS COME UP.
I CAN'T TAKE MY, AND WE ARE FLEXIBLE WITH THAT.
WE WILL REACH OUT TO THE BOARD MEMBERS AND, YOU KNOW, AGAIN, IT'S OPTIONAL ENGAGEMENT.
IF PEOPLE DON'T WANNA DO IT, THEY DON'T HAVE TO DO IT.
UM, BUT IF YOU DO HAVE A SCHEDULING CONFLICT, WE'LL WORK WITH YOU ON THAT.
YEAH, I, I THINK IT'S GREAT THAT WE'RE DOING IT AND, UH, WE'LL WANT TO DO IT.
I CAN PUT YOU ON THE, UH, BE ON THE RECORD FOR THAT, BUT, UH, YOU KNOW, GETTING THE EXACT, UH, BOARD MEETING MAY, UH, MAY BE KIND OF DIFFICULT AT TIMES.
'CAUSE WE HAVE BOARD MEETINGS INTERNAL, WE HAVE A BOARD MEETING EVERY MONTH AT OUR MAR ORGANIZATION.
SO TO TRY TO GET THE RIGHT PEOPLE, IT'S, IT'S REALLY IMPORTANT THAT WE FIT IT INTO, TO, TO THE, TO THE BOARD MEETING SCHEDULE HERE AT ERCOT.
HOW MUCH TIME DO YOU GIVE US KIND OF A WARNING THAT WE CAN GET THIS PLAN? UM, SO I THINK WE REACH OUT TO YOU GUYS ABOUT TWO WEEKS AHEAD OF TIME.
SO WE, SO WE DO WANNA GIVE OURSELVES ENOUGH TIME TO FIND A DIFFERENT
[01:35:01]
TAC MEMBER, RIGHT.SO IT'LL PROBABLY BE TWO WEEKS OR TWO AND A HALF WEEKS BEFORE THE BOARD MEETING.
CAN I ASK FOR A, A MONTH
UM, YOU GUYS MIGHT KNOW THIS OR MIGHT NOT, BUT HOW DO WE KNOW WHICH BOARD MEMBERS WILL BE AVAILABLE FOR, NOT THAT I'M CHOOSING, BUT BEFORE WE ARE ASKED? UM, WHEN IT'S OUR SHOT, WHEN IT'S OUR TURN.
UM, WE'RE WORKING THROUGH THAT RIGHT NOW.
SO WE WILL LET THE ONE, THE PARTICIPANTS THIS TIME KNOW WHICH BOARD MEMBERS THEY'RE MEETING WITH.
I'M NOT SURE WHICH ONES RIGHT NOW, UM, BUT IT WILL BE TWO AT A TIME.
SO, SO WHEN YOU REACH OUT, HOPEFULLY TWO WEEKS AHEAD OF TIME, YOU'LL KNOW THE BOARD MEMBERS THAT WILL BE AVAILABLE.
ALL RIGHT, IAN, UM, ANNE, THANK YOU VERY MUCH FOR DOING THIS.
SO ONE JUST, UH, 30 TECH MEMBERS, EIGHT DIRECTORS, TWO IN A MEETING, I'M SEEING 120 MEETINGS.
ARE YOU EXPECTING IN THE FUTURE MEETINGS THAT MORE WILL HAPPEN? RIGHT.
SO AGAIN, WE WILL HAVE FOUR CONCURRENT MEETINGS THIS TIME, BUT THE TAC MEMBERS WILL ONLY BE PARTICIPATING IN TWO OF THEM BECAUSE OF THE TIME CONSTRAINTS.
UM, SO GOING FORWARD, IF WE ARE GOING TO CYCLE THROUGH ALL 30 TAC MEMBERS, UM, WE WILL HAVE TO PROBABLY INCREASE THE TIME OR DECREASE THE TIME AND HAVE MORE SESSIONS GOING ON.
THAT WAS, THAT WAS MY QUESTION.
UM, AND THEN MY OTHER QUESTION IS, UNDERSTAND, THIS IS THE FIRST ROUND, SO YOU OF COURSE WILL BE INCORPORATING FEEDBACK.
UH, BUT GETTING TO WHAT MIKE WAS SAYING, IT'D BE GREAT IF WE COULD JUST SCHEDULE THEM OUT FOR THE REST OF THE YEAR ONCE ERCOT HAS A BETTER FEEL.
UH, MY WHOLE TEAM IS IN NEW YORK AND SO TWO WEEKS NOTICE MAY NOT BE ENOUGH TIME FOR THEM TO GET OUTTA THEIR OBLIGATIONS.
YEAH, WE CAN DEFINITELY TAKE THAT BACK.
ANN, YOU, YOU, YOU DIDN'T EXPECT TO HAVE TO DUMB IT DOWN THIS LOW
ARE WE, ARE WE GOOD ON QUESTIONS ON THIS? I THOUGHT IT WAS GONNA BE
YEAH, WE'LL BRING BACK UPDATES.
AS, YOU KNOW, THINGS DEVELOP, WE EXPECT THINGS TO CHANGE, UM, TO MAKE THINGS GO SMOOTHER.
SO WE'LL KEEP TACK ABREAST OF THAT.
AND WE, WE DO APPRECIATE THOSE OPPORTUNITIES.
UM, SO THE NEXT ITEM ON OTHER BUSINESS IS INPUT ON ERCOT MOBILE APP AND ERCOT.COM.
I THINK MARK MINOR IS SUPPOSED TO SPEAK TO THIS IS MARK ON, HI, THIS IS AMY LOFTON.
UH, MARK SHOULD BE IN THE ROOM.
IS HE NOT IN THERE? I DON'T BELIEVE SO.
KANAS GONNA GO CHASE HIM DOWN.
UM, WHILE WE ARE WAITING ON THAT, HE'S HERE.
ERIC, DID YOU HAVE A, DO YOU WANNA WAIT UNTIL MARK'S HERE? WAIT.
ALRIGHT, WE, WE HAVE ONE OTHER OTHER BUSINESS ITEM WE WE CAN DO REAL QUICK.
UM, WE, WE WILL POTENTIALLY BE ADDING A TECH MEETING IN AUGUST.
UM, THIS, THIS IS TO ACCOMMODATE THE, THE COMMISSION DISCUSSION FROM LAST OPEN MEETING ON TECH OVER OR TECH REVIEW OF THE ANCILLARY SERVICE METHODOLOGY.
AND SO THIS IS THE, THE PART OF THE METHODOLOGY FOR NEXT YEAR, RIGHT? CORRECT.
BECAUSE THIS, THIS MEETING WOULD POTENTIALLY BE ADDED ON IN AUGUST BEFORE AUGUST BOARD.
WE, WE DON'T HAVE THE EXACT DATE WE'RE THINKING ABOUT SCHEDULING THIS, UM, POST WMS, SO IT CAN BE KIND OF A JOINT WMS TECH DISCUSSION ON ANCILLARY SERVICES.
UM, SO, SO SOMEWHERE BEGINNING OF AUGUST, CAN I SAY, UH, THERE'S A WMS MEETING SCHEDULED AUGUST 7TH.
AND SO THE PRELIMINARY IDEA, AND Y'ALL CAN
[01:40:01]
BE THINKING ABOUT IS IF WE HAD A JOINT MEETING THAT AFTERNOON AND WMS COULD, COULD HAVE A DISCUSSION THAT MORNING AND, UH, DO OUR CONSIDERATION OF THE RECOMMENDATION AND THEN IT COULD GO TO T THAT AFTERNOON.ANN, DID YOU WANNA ANSWER ANYTHING ON THIS? UH, NOT ON THIS ONE, BUT MATT, I THINK MORES WANTED TO TALK ABOUT THE RTCB.
SO I, IT WAS HIGHLIGHTED TO ME YESTERDAY THAT WE, I SCHEDULED R-T-C-B-T-F ON TOP OF PRESIDENT'S DAY, SO IT'S NOT AN ERCOT HOLIDAY, BUT I DID LOOK AND MOST OF THE SCHOOLS ARE OUT THAT DAY AS WELL AS SOME COMPANIES.
SO, UH, THE NICE PART IS NEXT WEEK IS, WAS THE SCHEDULED TAC MEETING ON WEDNESDAY.
SO THAT IS A TIME SLOT THAT WE CAN SLIDE INTO.
UM, I'VE DONE AN INFORMAL POLL WITH A FEW PEOPLE THAT HAVE BEEN ACTIVE IN RTC AND IT SOUNDS LIKE THAT'S ACTUALLY BETTER FOR A LOT OF PEOPLE.
AND SO I WAS GONNA SEE IF THERE'S ANY OPPOSITION ATTACK TO MOVING THE R-T-C-P-F TASK FORCE FROM MONDAY TO WEDNESDAY OF NEXT WEEK AND HAVE PEOPLE OUT THERE BY ONE.
I UNDERSTAND THERE'S SOME AFTERNOON COMMITMENTS, SO.
ANY OPPOSITION NOTE? I DON'T SEE ANY.
I THINK WE, ARE WE READY FOR THE ITEM ON THE MOBILE APP IN ERCOT.COM? YEP.
UH, MY NAME IS MARK MINOR, DIRECTOR OF CORPORATE COMMUNICATION HERE AT ERCOT.
ERCOT IS CURRENTLY IN THE PROCESS OF REDESIGNING THE ERCOT APP, MOBILE APP AND WEBSITE ERCOT.COM.
WE'RE EXAMINING ALL ASPECTS OF EACH PLATFORM FROM DESIGN TO NAVIGATION TO DASHBOARDS CONTENT AS WE REDESIGN.
UM, AS PART OF THIS REDESIGN EFFORT, WE'RE SEEKING FEEDBACK FROM MARKET PARTICIPANTS, THE PUBLIC, THE MEDIA, AND OTHER GROUPS OF INDIVIDUALS WHO FREQUENTLY USE, UH, THE ERCOT APP AND WEBSITE.
THOSE WHO PARTICIPATE WILL BE CONTACTED PERIODICALLY TO PROVIDE INPUT VIA SURVEYS, USER TESTING SESSIONS, AND OPTIONAL FOCUS GROUP MEETINGS.
IF YOU ARE INTERESTED, PLEASE EMAIL USER EXPERIENCE@ERCOT.COM.
AGAIN, THAT'S USER EXPERIENCE@ERCOT.COM TO BE ADDED TO THE GROUP OF FEEDBACK PARTICIPANTS BE HAPPY TO TAKE ANY QUESTION.
AMY LOFTON, WHO'S SPEARHEADING THIS PROJECT, UH, AND OUR DIGITAL DIRECTOR IS ALSO ON THE LINE, AND SHE CAN ANSWER ANY OF THE DETAILED QUESTIONS YOU MIGHT HAVE, IF ANY, ERIC? SO WE FILED SCR 8 26 ABOUT, OR ERCOT.COM ENHANCEMENTS.
ASIS FILED SCR 8 27 ABOUT, UH, AS YOU KNOW, USERS OF ERCOT.COM.
UM, YOU KNOW, THERE ARE MANY COMPANIES THAT, UH, HAVE TO RESPOND TO WHAT'S ON THERE.
WE'VE SEEN, UM, HUNDREDS OF NEWS ARTICLES THAT FEATURE THE ERCOT WEBPAGE.
UM, AND IT'S REALLY, REALLY CRITICAL THAT YOU GET THIS RIGHT.
I UNDERSTAND WHY YOU MIGHT NOT WANT TO HAVE A VOTE ABOUT THE CONTENT OF ERCOT.COM THROUGH AN SCR, BUT ONE OF THE THINGS THAT WE RECOMMENDED AS PART OF THAT PROCESS IS THAT YOU, UH, HIRE PEOPLE THAT EITHER INTERNALLY OR EXTERNALLY THROUGH A CONTRACT THAT ARE EXPERTS IN USER ENGAGEMENT, UM, TO MAKE SURE THAT WHAT'S BEING COMMUNICATED TO MILLIONS OF RESIDENTIAL CONSUMERS IS CLEAR AND UNDERSTANDABLE.
UM, THE EXAMPLE THAT I USED IN THE SEA 2026 WAS, UH, CONFUSION AROUND THE LOAD FORECAST AND, AND WHAT TO EXPECT THERE AND HOW THAT IMPACTS PEOPLE'S DECISIONS.
SO IT REALLY HAS SIGNIFICANT IMPACTS FROM PEOPLE'S DAY-TO-DAY LIVES.
UM, AND SO I I HOPE THAT YOU TAKE THAT RECOMMENDATION SERIOUSLY, IF YOU DON'T WANT US TO ADVANCE SCR 8 26 TO CONSIDER HIRING, UM, YOU KNOW, PEOPLE THAT ARE EXPERTS IN, IN THIS FIELD.
MAYBE YOU ARE, AND I'M JUST NOT AWARE OF YOUR BACKGROUND, I APOLOGIZE, BUT RE REGARDLESS OF, OF WHO, UM, IS DOING THAT, I'D LIKE TO SEE ERCOT, UM, TAKE, TAKE THE ENGAGEMENT WITH RESIDENTIAL CONSUMERS AS SERIOUS AS POSSIBLE THROUGH THIS WEBSITE, WHICH IS THE MAIN WAY PEOPLE INTERACT WITH THEIR CAT.
I WILL SAY WE, YOU KNOW, WE HAVE OUR, OUR INTERNAL DIGITAL DIGITAL TEAM, BUT WE ALSO HIRED AN OUTSIDE, UH, CONSULTING FIRM THAT IS HELPING, HELPING OUT WITH THE DESIGN AND IMPLEMENTATION OF THIS.
I, IF AMY, IF YOU WANNA GO INTO A LITTLE MORE DETAIL ON THAT? SURE.
UH, SO YES, WE ARE ENGAGING AN OUTSIDE, UM, COMPANY THAT IS HELPING WITH THIS.
ACTUALLY, THERE ARE TWO OF THEM.
UH, BUT YES, WE DO HAVE EXPERTISE, UH,
[01:45:01]
IN HOUSE AS WELL.UM, BUT WHAT WE'RE ASKING FOR HERE IS PARTICULARLY FOLKS TO GIVE US, UH, THEIR FEEDBACK AS WELL, MEAN WE HAVE THE USER EXPERIENCE FOLKS TO HELP, BUT THINGS LIKE YOU'RE MENTIONING THAT WOULD HELP IF YOU WOULD COME FORWARD AND, AND HELP US, UM, IN WHAT YOU THINK WE SHOULD BE SHOWING.
AND THEN WE CAN GO BACK TO OUR DESIGNERS AND, UH, IMPLEMENT FROM THERE.
SO THIS ASK IS PARTICULARLY TO, UM, TO ENGAGE, UH, THE STAKEHOLDERS, UH, YOU AND, AND OTHERS ON THE CALL TO HELP US, UM, HELP US GET IT RIGHT, SO, UH, AND IT TO IMPROVE.
SO IF THERE'S SOMETHING THAT IS, UH, NOT TO THE BEST STANDARDS, UH, WE WOULD WANT TO HEAR BACK FROM YOU GUYS.
SO I'VE ALREADY PROVIDED SOME OF THAT FEEDBACK BY FILING SERA 26, AND I'D BE HAPPY TO TALK WITH YOU ON MORE ABOUT, UH, THE DETAILS OF THAT.
UM, I THINK A REALLY OBVIOUS THING IS I DON'T THINK THAT THE AIR KAT WEBSITE WAS OPTIMIZED FOR BEING SCREENSHOTTED ON, UM, KX A N.
AND SO IT'S JUST CONFUSING FOR PEOPLE TO SEE, YOU KNOW, WHAT THEY'RE LOOKING AT ON A TV.
UM, SO JUST THINKING THROUGH WITH HOW PEOPLE USE IT, I'M HAPPY TO HAVE FOLLOW UP CONVERSATIONS.
THANKS AGAIN, THAT'S USER EXPERIENCE@ERCOT.COM.
WE'D LOVE TO GET EVERYBODY'S FEEDBACK.
AND I SAID IT'S A, IT'S A WIDE RANGING GROUP FROM MARKET PARTICIPANTS, THE MEDIA OR THE PUBLIC.
SO WE HOPE TO GET AS MUCH INPUT AND FEEDBACK AS WE GO THROUGH THE PROCESS AS POSSIBLE.
UM, I WAS JUST CURIOUS, UH, FOR FOLKS THAT VOLUNTEER TO PARTICIPATE IN THIS GROUP, WHAT'S THE, UH, WHAT'S THE TIMEFRAME AND ANTICIPATED TIME COMMITMENT? AMY, YOU WANNA GO INTO THAT? I THINK, YOU KNOW, YOU'LL BE REACHED OUT TO, UM, PERIODICALLY.
UM, I THINK THAT THE APP IS BEING, IS BEING DONE RIGHT NOW, THE REDESIGN.
SO THAT WILL, YOU'LL PROBABLY GET A CALL RIGHT AWAY TO BE PUT ON THAT LIST FOR FEEDBACK AND THAT PROCESS.
WEBSITES A LITTLE MORE DOWN THE ROAD, BUT THE APP HAS BEGUN.
AMY, DO YOU HAVE A LITTLE MORE TIME, UH, COMMENT ON THE, UH, ACTUAL TIME ALLOTMENT COMMITMENT? YES, AND IT, IT'S NOT GONNA BE, UH, EXTREME.
UH, WE ARE, UH, AS I SAID, WE DO HAVE A FIRM THAT WILL BE REACHING OUT.
UH, I THINK THEY'RE GONNA START WITH SURVEYS AND, UH, GET AN IDEA OF WHO WOULD LIKE TO JUST DO A SURVEY RATHER THAN, OR WHO WOULD LIKE TO, UH, SET UP A CALL AND TALK TO THEM.
UM, BUT IT'S NOT GONNA BE INTENSIVE.
UH, I, I'M THINKING A FEW HOURS OF YOUR TIME, AND THIS IS GONNA BE SPREAD OUT, UH, THROUGH PROBABLY AROUND AUGUST, SEPTEMBER TIMELINE.
UH, IT COULD GO A LITTLE MID MORE INTO, UH, THE FIRST PART OF NEXT YEAR AS WELL.
THANK YOU FOR THE OPPORTUNITY TO PROVIDE SOME FEEDBACK.
UM, I THINK ONE OF THE MOST POPULAR FEATURES OF THE ERCOT.COM WEBSITE IS THE, UM, GRID AND MARKET CONDITIONS MONITORS THAT YOU ALL HAVE POSTED.
AND, UH, I'D ASK THAT THE UNDERLYING DATA BE EASY TO ACCESS AND POSTED FOR.
I THINK SOME OF THOSE DISPLAYS MAYBE HAVE A VERY SHORT DURATION OF WHEN THE DATA IS, IS POSTED, UH, OR AVAILABLE.
UM, I'D, I'D ASK THAT, YOU KNOW, THERE'D JUST BE A LONGER, UH, RUNWAY TO CAPTURE SOME OF THAT DATA.
YOU'RE TRYING TO GET US OUT OF HERE SOONISH, HUH? YOU'RE TRYING TO GET US OUT OF HERE SOON-ISH.
I JUST HAD A QUESTION, UH, REGARDING, UH, YOU KNOW, PROVIDING INPUT OR CHANGE TO THE, UH, ERCOT WEBSITE AND WHETHER OR NOT, YOU KNOW, LIKE THE SCR THAT ERIC GOFF MENTIONED, YOU KNOW, THAT WE PUT IN, UH, YOU KNOW, IS THE SCR THE BEST WAY TO, TO SUGGEST CHANGES TO THE WEBSITE OR IS THERE ANOTHER MEANS THAT YOU'RE GONNA BE PROVIDING I THINK, HI, THIS IS AMY.
UM, NO, WE, WE WOULD RATHER NOT DO THE SCRS BECAUSE THAT'S ACTUALLY THE SYSTEM CHANGE.
UH, WE WOULD LIKE YOUR INPUT NOW AND ANYTIME, UH, IN THE FUTURE.
IF YOU DO HAVE ADDITIONAL INPUT, YOU CAN EMAIL THIS, UH, USER EXPERIENCE@ARCOT.COM AND, UH, WE CAN REACH OUT TO YOU, UH, THROUGH THIS EXPERIENCE.
AND, AND THIS IS BASICALLY LIKE THE, THE STEP THAT, UM, WAS ASKED OF US
[01:50:01]
TO, UH, GATHER FEEDBACK FROM, UH, MPS.SO THIS IS THE FIRST STEP IN DOING THAT.
ANY MORE QUESTIONS ON THIS ITEM? ALL RIGHT, THANK YOU.
I BELIEVE, UM, UNLESS THERE'S OTHER, OTHER, OTHER BUSINESS, UM, WE, WE COVERED THE POSSIBLE ANCILLARY SERVICES MEETING AND THE, UH, CHANGE TO THE RTC PLUS B SCHEDULE.
[14. Combo Ballot (Vote) ]
WE CAN MOVE ON TO THE COMBO BALLOT.EVERYTHING THAT WE HAVE REFERRED TO THE COMBO BALLOT IS ON THE SCREEN.
CAN WE GET A MOTION AND SECOND BOB HILTON.
SO WE, WE HAD A MOTION FROM BOB HILTON AND A SECOND FROM ERIC BLAKEY AND COREY, WE ARE READY WHEN YOU ARE.
MOTION TO APPROVE THE COMBO BALLOT.
WE WILL START UP WITH THE CONSUMERS, WITH ERIC.
ONTO OUR INDEPENDENT GENERATORS.
THANK YOU, UH, ADAM FOR JEREMY? YES.
AND SINCE WE'RE PAST 10:30 AM UH, JAY'S PASSED HIS PROXY TO CHRIS OF CHRIS FOR JAY.
AND THEN CHRIS FOR DEMAND CONTROL.
ONTO OUR IOUS, KEITH? YES, THANK YOU, DAVID.
ALRIGHT, UM, UNLESS THERE'S ANYTHING ELSE I THINK WE CAN ADJOURN.
VISIT OUR WEBSITE@WWW.WEBEX.COM.