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[1. Call General Session to Order]
TO APRIL 22ND MEETING OF THE TECHNOLOGY AND SECURITY COMMITTEE OF ERCOT.MY NAME IS JOHN SWENSON, I'M THE COMMITTEE CHAIR.
UM, THIS MEETING IS THE WEBCAST LIVE TO THE PUBLIC ON ERCOT WEBSITE.
UH, BEFORE MOVING ON TO THE UH, AGENDA, I WOULD LIKE TO HIGHLIGHT TO THE COMMITTEE MEMBERS THAT THE ANTITRUST ADMONITION AND SECURITY MAP, WHICH ARE INCLUDED IN YOUR POSTED MATERIALS, APPLY TO THIS MEETING.
UM, FIRST ORDER OF BUSINESS ON TODAY'S AGENDA IS ITEM NUMBER TWO.
NOTICE OF PUBLIC COMMENT, IF ANY.
I UNDERSTAND THERE ARE NONE, JOHN.
IF THEREFORE, WE WILL MOVE ON TO ITEM NUMBER THREE.
[3. February 26, 2024 General Session Meeting Minutes]
UM, THE FEBRUARY 26TH, 2024, GENERAL SESSION MEETING MINUTES, THERE'S A DRAFT IN THE MEETING MATERIALS.DOES ANYONE HAVE ANY COMMENTS OR WISH TO MAKE A MOTION? SO MOVED.
THANK YOU, JULIE, CAN I SECOND CROSS? THANK YOU.
UM, ANY, ALL IN FAVOR, PLEASE? I SEE EVERYONE.
THEREFORE, NONE OPPOSED? NO, ABSTENTIONS.
OKAY, WE'RE ON TO ITEM NUMBER FOUR, COMMITTEE
[4.1 Projects and Technology Update]
BRIEFS.AND, UH, JP HAS THE FIRST TWO STARTING WITH A, UM, WITH, WITH A BRIEF ON THE TECHNOLOGY, UH, ITEMS, PARTICULARLY REAL TIME CO-OP OPTIMIZATION.
ALRIGHT, SO I'M GOING TO GO OVER OUR PROJECTS AND, UH, TECHNOLOGY UPDATES.
SO, PERIODIC THING THAT WE DO HERE, SO JUST HIGHLIGHTS, UM, WE DID ANOTHER ROUND OF OUR, UH, SINGLE DAY FAILOVER.
UM, AT THIS POINT NOW WE'VE DONE TWO OF THESE THINGS AND OUR RISKS ARE GETTING, UM, LOWER EACH TIME.
NOW, AS A REMINDER, THIS USED TO BE A FOUR DAY EVENT, SO, SO IT'S A GREAT, UM, IMPROVEMENT OF OUR PRO PROCESS EFFICIENCIES.
BUT NOW THAT WE HAVE DONE TWO AND THEY'VE GONE WELL, AND WE ARE LEARNING FROM IT, EVEN WITH THE SUCCESSES, I'M GONNA STOP REPORTING ON THIS IN THE FUTURE.
AGENDA, JP, JUST REMIND THE COMMITTEE WHAT THE FAILOVER IS FOR AND WHAT'S INVOLVED, PLEASE.
YEAH, SO WE HAVE TWO SITES, UH, SITE AND ENTAIL SITE AND BASTROP AND, UM, UM, PERIODICALLY WE FAIL OVER THE SYSTEMS TO ONE SIDE TO THE OTHER.
AND WE DO IT PERIODICALLY SO THAT WHEN AN EMERGENCY HAPPENS, WE KNOW EXACTLY WHAT TO DO AND, UM, AND RUN THROUGH THE SEQUENCE BECAUSE YOU, YOU, IN AN EMERGENCY, YOU DON'T WANT TO FIGURE OUT NEW THINGS, RIGHT? SO, SO ONE OF THE OBJECTIVE OF THIS EXERCISE IS THAT IF YOU HAVE AN EMERGENCY IN REALITY, YOU'LL BE FAILING OVER IN THAT DAY, ON THAT DAY, NOT OVER FOUR DAYS, RIGHT? SO EVERY TIME, IF YOU'RE PRACTICING OVER FOUR DAYS, THEN WHEN YOU HAVE AN EMERGENCY, YOU'RE DOING SOMETHING DIFFERENT.
SO, WHICH WAS A DRIVER FOR THIS TO SAY, LET'S PRACTICE EVERY TIME.
SO IT HAS GONE, WE HAD TO PULL DOWN FROM OUR USUAL FOUR DAYS TO A ONE DAY THING, BUT IT'S FAILING OVER ALL OUR SYSTEMS THAT RUN ON ONE SITE AT A GIVEN TIME TO THE OTHER SITE.
AND HOW LONG IN, IN THIS ONE DAY FAILOVER, HOW LONG IS THE EMS ACTUALLY OUT OF SERVICE? THE EMS FAILS OVER ALMOST INSTANTANEOUSLY, SO WE DON'T MISS ANY, UM, MARKET RUN FOR EXAMPLE.
THERE'S NO IMPACT TO MARKET LIKE THAT.
NOT IMPACTED, SO, SO USUALLY WE TRY TO FAIL OVER WITHOUT ANY IMPACT.
UM, SO IT'S, YOU KNOW, I WOULD SAY IT'S INSTANTANEOUSLY OKAY.
THERE MAY BE A SECOND OF OUTAGE WHEN YOU'RE ACTUALLY FAILING OVER.
UM, THE OTHER EXCITING THING IS THE
NOW, JUST TO QUALIFY, DEVELOPER MEANS API DEVELOP DEVELOPMENT SOFTWARE DEVELOPMENT.
SO THAT'S SOMETHING THAT WENT LIVE AND THAT'S SOMETHING WHERE THE, OUR MARKET PARTICIPANTS HAVE A PLACE TO COME AND ASK US QUESTIONS AND ALSO SHARE WITH EACH OTHER THE EXPERIENCES.
AND ALSO WHEN THEY ASK US QUESTIONS, IT'S LIKE STACK OVERFLOW, FOR EXAMPLE, RIGHT? ALL OF THIS RECORDED, AND THE NEXT PERSON PROBABLY DOESN'T HAVE TO ASK QUESTIONS, THEY CAN JUST LOOK UP THE EXPERIENCE OF SOMEBODY AND JUST LEADS TO EFFICIENCIES.
SO THAT'S SOMETHING THAT WENT LIVE EXCITED ABOUT THAT.
AND, UM, OUR PROJECTS ARE GENERALLY ON TRACK AND I WILL START WITH THAT.
UM, JUST NORMAL UPS AND DOWNS OF PROJECTS.
JP, CAN YOU GIVE US A FLAVOR FOR LIKE THE TOP ONE OR TWO LESSONS LEARNED FROM THE FAILOVER EXERCISE? UM, I, I COULD BE WRONG, BUT I THINK,
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UH, THE MORE OF IT IS ABOUT COMPRESSING THINGS TOGETHER, RIGHT? SO, SO WE, WE ARE USED TO SO MANY THINGS BEING FOUR DAYS APART, AND NOW WE TRY TO BRING THINGS TOGETHER.THERE'S A LOT MORE COORDINATION AND A LOT OF THE LESSONS LEARNED ABOUT THE COORDINATION, HOW TO BRING PEOPLE IN AND HOW TO TRACK THAT SOMETHING IS DONE BEFORE THE NEXT ONE STARTS.
NOT SO MUCH TECHNICAL PROBLEMS OR ANYTHING MORE PROCESS AND MAKING SURE, YOU KNOW, THINGS ARE DONE BEFORE THE NEXT ONE STARTS.
AND, UH, DO WE HAVE A THING WHERE NOW WE HAVE TOO MUCH GOING ON AND IF THERE'S A PROBLEM AT THAT TIME, NOW WE, YOU KNOW, WHO'S AVAILABLE TO FIX THAT.
SO THOSE KIND OF PROCESS THINGS MORE.
SO THIS IS, YOU KNOW, I DID THIS LAST TIME TOO.
IT'S GIVEN ME A, A SNAPSHOT OF ACROSS ALL THE PROJECTS THAT ARE ACTIVE.
WHAT DOES THAT LOOK LIKE? RIGHT, SO, SO RIGHT NOW WE HAVE 58 PROJECTS, UM, 58 PROJECTS.
UM, LEMME JUST GO BACK TO THE PEN 58 PROJECTS THAT ARE, UM, ACTIVE.
UM, AND ONE, UM, AND YOU CAN SEE THAT WE HAVE A LOT OF PROJECTS CLOSED, WHICH IS A GOOD THING, WHICH MEANS THEIR PROJECTS ARE GETTING DONE AND THEY'RE GETTING CLOSED.
AND WE ALSO AT THE SAME TIME INITIATED A BUNCH OF PROJECTS.
SO ALTHOUGH THE NUMBER LOOKS KIND OF THE SAME, 60 TO 58, THERE'S A LOT OF THINGS THAT HAPPENED BEHIND THE SCENES.
A LOT OF PROJECTS CLOSED, A LOT OF PROJECTS INITIATED, SO, SO VERY GOOD.
UM, AND THIS, IN TERMS OF THE ACTIVE BUDGET, YOU NOTICE THAT THE ACTIVE BUDGET DROPPED AND THAT'S BECAUSE, UM, UM, YOU KNOW, A BIG PROJECT CARRYING A LOT OF DOLLARS AND THERE'S A HARDWARE PROJECT THAT GOT CLOSED.
SO, WHICH IS WHY THE ACTIVE BUDGET IS KIND OF SMALLER, ALTHOUGH THE NUMBER OF PROJECTS KIND OF THE SAME.
UM, LET ME KNOW IF YOU HAVE ANY QUESTIONS ON THIS.
WHEN WE LOOK AT THE FINANCE AND AUDIT COMMITTEE MATERIALS THAT POINT OUT, WE'RE BEHIND IN HIRING, HOW IS THE, COULD YOU CONFIRM THAT? IS THAT AFFECTING OUR PROJECTS? AND HOW DOES IT REVEAL ITSELF IN THIS DASHBOARD? UM, REMEMBER WE DO, LET ME GO TO A SLIDE IN THE APPENDIX.
SO IN THIS SLIDE, UM, WHAT WE ARE SHOWING IS THE, THE SET OF EMPLOYEES, OKAY? THERE ARE 530 EMPLOYEES WHO ACROSS 98 DEPARTMENTS THAT WORK ON PROJECTS.
OKAY? AND YOU CAN SEE EVEN AMONG THOSE EMPLOYEES, THE PROJECT WORK IS A SMALL PERCENTAGE OF THAT WORK, OKAY? AND NOT INCLUDED.
HERE ARE 400 STAFF MEMBERS WHO DON'T ACTUALLY WORK ON PROJECTS.
SO THEY'RE JUST COMPLETELY O AND M, RIGHT? LIKE, FOR EXAMPLE, MOST OF LEGAL OR HR, THEY'RE NOT WORKING ON PROJECTS, RIGHT? SO, SO THIS 400 INCLUDES THAT, BUT OUTTA THESE 530, YOU KNOW, THE NUMBER OF THE PERCENTAGE OF PROJECT WORK IS NOT SIGNIFICANT.
SO, SO WHEN YOU HEAR ABOUT THE SHORTAGE, YOU'RE PROBABLY TALKING ABOUT THIS WHOLE WINDOW, RIGHT? THAT OKAY, YOU A LOT, I DON'T HAVE PEOPLE TO DO GO TO T AND ALL THAT KIND OF STUFF, RIGHT? BUT AS FAR AS PROJECTS ARE CONCERNED, BECAUSE WE HAVE THIS BIG POOL TO WORK WITH, WE ARE NOT AS MUCH AFFECTED.
BUT, BUT YES, THERE ARE AREAS WHERE WE NEED SPECIAL EXPERTS AND THINGS LIKE THAT, BUT WE ARE ABLE TO MANAGE THAT.
AT LEAST FROM AN IT PERSPECTIVE I CAN SAY THAT.
SO, BUT IF I DO HAVE PROBLEMS, I WILL CALL IT OUT.
AND YOU CAN SEE FROM OUR PROJECT REPORTS THAT WE ARE GENERALLY ON TRACK, WHICH IS USUALLY A GOOD INDICATOR THAT I'M NOT RUNNING INTO RESOURCE PROBLEMS OR MY COUNTERPARTS ON THE EXECUTIVE TEAM ARE ABLE TO PROVIDE ME PEOPLE ON TIME.
I GUESS JUST THE RELATED QUESTION, UH, WHEN YOU LOOK AT YOUR TABLE, YOUR PROJECTED USE OF INTERNAL STAFF VERSUS CONTRACT LABOR AND VENDOR LABOR ACTUALLY SHIFTED RIGHT FROM THE FORECAST TO THE ACTUALS.
SO YOU'RE RELYING MORE ON OUTSIDE PEOPLE THAN IN INTERNAL AND PLANNED.
OUR CONTRACT LABOR IS GENERALLY A SMALL PIECE, BUT IT COULD HAPPEN.
UM, SO FOR AN EXAMPLE, WHEN I START NEW PROJECTS, IF I DON'T HAVE PROJECT MANAGERS, I MAY USE CONTRACT PEOPLE THERE, BUT, BUT IN GENERAL, WE TEND TO MINIMIZE CONTRACT PEOPLE BECAUSE CONTRACTORS LEAVE AND, AND THEN YOU'RE STUCK WITH SYSTEMS
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THAT WE DON'T WANT CONTRACTORS TO DEVELOP THE SYSTEM AND LEFT, RIGHT? SO WE TEND TO USE OUR EXPERT INTERNAL KNOWLEDGE, BUT WHEREVER IS POSSIBLE, UM, WHERE IT MAKES SENSE, WE MAY USE CONTRACT LABOR.LIKE FOR EXAMPLE, TESTING MAY BE A GOOD ONE.
UM, AGAIN, LIKE I SAID, PROJECT MANAGEMENT MAY A GOOD ONE, BUT THINGS WHERE, YOU KNOW, WE DON'T WANT THAT KNOWLEDGE TO LEAVE WHEN CONTRACTORS LEAVE.
SO, SO IT DEPENDS, RIGHT? SO I'M NOT SAYING THAT THERE IS SOME POLICY THAT WE ARE DOING, BUT IF IT MAKES SENSE TO USE CONTRACTORS, WE WILL.
BUT IN GENERAL, WE DON'T USE A BIG POOL OF CONTRACTORS.
SO I'M ASSUMING CONTRACT LABOR IS THE SAME AS CONTINGENT LABOR THAT'S ON THE OTHER AND THAT SHOWS THAT IT'S A SMALL AMOUNT.
AND VENTED LABOR IN THIS CASE VENDOR I ASSUME MEANS VENDED LABOR.
AND IS THAT THE PROFESSIONAL SERVICES FROM OUR VENDORS? IS THAT WHAT THAT IS? YES.
SO IT'LL BE LIKE THE VENDOR FOR THE MARKET OR EMS. SO GE OR HITACHI, ONE OF THOSE GUYS.
SO PUTTING IT BACK ON YOUR OTHER SLIDE, THE BACK INTO YOUR TALK, JUST A COMMENT.
OH, ON THAT IS THAT IT'S, SORRY, YEAH, YOU'RE GREEN, THIS ONE.
SO FROM THIS CONVERSATION, WHAT I REALIZED WAS THAT IT WOULD BE GOOD TO KNOW, SINCE YOU SAID OUR CONTRACT LABOR HOURS THAT WE NEED GET FULFILLED BECAUSE YOU CAN MOVE PEOPLE IN FROM YOUR GENERAL WORK, GENERAL TECHNICAL STAFF, UH, THIS CHART.
THEN IT WOULD BE BETTER IF IT WAS EXPLICIT TO SHOW THAT THE AREA UNDER THE NEXT, NOT THIS ONE, THE ONE WITH THE THIS ONE HERE.
I HAVEN'T GOT TO THAT ONE YET.
OH, I THOUGHT YOU HAD, I THOUGHT YOU HAD, OKAY, SORRY.
BECAUSE YOU WERE, I FLEW TO THE APPENDIX.
THAT'S YOU THOUGHT I'LL YOU GO TO THAT ONE THEN.
UM, AND SO THIS IS A VIEW THAT, YOU KNOW, GIVES YOU A LOOK AHEAD OF OUR LABOR FORECAST AS WELL AS THE ACTUAL FOR THE WHOLE YEAR, RIGHT? AND WHAT I ALSO SHOW I'M SHOWING IS WHAT, WHAT IS THE FORECAST THAT WE SHOWED IN THE LAST MEETING HERE? RIGHT? AND THAT'S WHAT THIS BLACK LINE IS.
AND THIS GRAY LINE HERE IS WHERE OUR DIVIDER IS BETWEEN THE ACTUAL AND THE FORECAST.
OKAY? AND AS YOU CAN SEE, WE ARE STILL PICKING UP, I THINK, RIGHT? AND, UM, UM, USUALLY WE MAINTAIN THIS OR ARE AT THIS PEAK UNTIL WE GET TO A SUMMER BREAK WHERE THINGS LOGICALLY COME DOWN AS, UM, PEOPLE TEND TO GO ON VACATION AND OUR LOCAL POOL, LABOR POOL TENDS TO GO DOWN.
SO, SO WE ARE AT OUR HIGH PEAK AREA RIGHT NOW, OKAY? AND, AND THIS INCREASE IN FORECAST IS BECAUSE OF, YOU KNOW, WE ADDED NEW PROJECTS, UM, AND, AND IT HAS A SHIFT FROM, YOU KNOW, HARDWARE PROJECTS TO LABOR INTENSIVE PROJECTS.
SO THAT'S WHY YOU SEE THE FORECAST PICK PICK UP.
NOW, LINDA, PLEASE ASK YOUR QUESTION.
SO, SO MY QUESTION SAYS WHAT WERE, THE QUESTION WAS REALLY IMPORTANT IS I, IS WHAT YOU'RE SHOWING IN THE FORECAST, THESE ARE THE LABOR HOURS I MY PROJECTS REQUIRE.
MM-HMM,
NOW, YOU STATED BEFORE I CAN MEET THE EXPECTED PROJECT HOURS, YOU SHOULD SHOW A LINE HERE THAT SHOWS THE CUMULATIVE EXP SO THAT TOP THAT THAT'S A CUMULATIVE OF ALL THE EXPECTED LABOR HOURS AND YOU MEET IT YEAH.
BUT IT WOULD BE GOOD TO HAVE A LINE THAT SHOWS THE CONTRACTED LABOR HOURS AND SHOW THAT IT'S TRACKING WITH THE C*M.
YOU SEE WHAT I'M SAYING? BECAUSE THAT WOULD ANSWER ALL OUR QUESTIONS, WHICH IS PROJECTS COME AND GO, BUT WE'RE ABLE TO DELIVER THE HOURS AND DO THE PROJECTS AND IT SHOWS AS A EITHER BLACK LINE THAT WALKS ALONG THE TOP.
AND, AND GENERALLY, LIKE I SAID, IF I HAVE DELAYS ON PROJECTS BECAUSE OF LABOR, I'LL CALL IT OUT.
OKAY? BUT, BUT, AND, AND I DO PERIODICALLY SEND THIS TO JOHN WHO'S LOOKING AT THIS AS WELL, WHEN I, WHAT I MEAN BY UPS AND DOWNS OF PROJECTS BECAUSE IT MAY LOOK DIFFERENT FROM ONE WEEK TO THE OTHER AND YOU GUYS ARE LOOKING AT IT EVERY TWO MONTHS, RIGHT? SO I CAN'T GIVE YOU A SNAPSHOT AT THIS POINT AND SHOW YOU A BUNCH OF RED 'CAUSE IT MAKES NO SENSE.
'CAUSE IT MIGHT ALL TURN GREEN IN TWO OR THREE WEEKS.
BUT I THINK LINDA'S POINT'S A GOOD ONE.
SHOWING THE AVAILABLE FTE AVAILABLE, UM, VIRTUAL FTE RESOURCE, UH, ON THIS SLIDE WOULD BE HELPFUL FOR US JUST TO UNDERSTAND SORT OF, YOU KNOW, HOW CLOSE ARE YOU GETTING TO SOME AT LEAST THEORETICAL MAXIMUM.
YEAH, I'LL JUST COMMENT THAT THE, YOU KNOW, THE, THE, YOU KNOW, LIKE I SAID, PROJECTS COME AND GO.
WE MEASURE PROJECTS THAT YOU DELIVER TO SCHEDULE ON TIME AND TO THE RESOURCES, THE BUDGET.
SO YOU DON'T HAVE TO EXPLAIN THAT ON THIS CHART, BUT YOU DO SHOW THAT I'VE CONTRACTED FOR A CERTAIN NUMBER OF HOURS AND I'VE DELIVERED THOSE HOURS, IS WHAT THIS CHART NEEDS TO SHOW.
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DO.NO OTHER QUESTIONS AS I DO IN THESE, UH, MEETINGS.
UM, THIS, UH, SET OF NPRS OR BUSINESS FACING SYSTEMS THAT WE ARE DELIVERING IN THIS CYCLE, I JUST TALKED ABOUT THE DEVELOPER PORTAL.
UM, I'LL TALK ABOUT SOME OF THIS IN MORE DETAIL.
UM, AND THIS IS A PREVIEW OF WHAT WILL BE RELEASED IN THE NEXT CYCLE.
AND WE'LL TALK ABOUT THAT IN MORE DETAILS WHEN I ACTUALLY MEET THEM IN IN THE JUNE.
UM, SO THIS CYCLE WE ARE GOING LIVE WITH THE M-M-S-O-S REFRESH, AND IT WAS ASSOCIATED BECAUSE OF OUR CONSOLIDATION OF OUR HARDWARE TECHNOLOGY.
UM, AND WE ARE SO, SO THIS IS FORCING US TO MIGRATE TO A LINUX OPERATING SYSTEM.
AND WHAT WE'RE OBSERVING IS WE HAVE ABOUT 30 TO 40% IMPROVEMENT IN PERFORMANCE, UM, ACROSS THE BOARD, WHETHER IT'S DAY AHEAD OR LUCK OR, UH, SC AND SC, FOR EXAMPLE, TODAY TAKES 10 SECONDS.
IT'S ABOUT SIX TO SEVEN SECONDS TODAY.
SO WE'LL BE EXCITED TO HAVE THIS GO LIVE.
UM, I ALSO WANNA TALK ABOUT THE WEATHERIZATION PROJECT.
UM, SO PREVIOUSLY WE WENT LIVE WITH THIS FOR INTERNAL AIRCO USING A PLATFORM FOR, UH, AN IT PLATFORM.
UM, AND THERE OUR WEATHERIZATION STAFF COULD USE IPADS AND GO TO THE FIELD.
UM, AND SO IT DOES A LOT OF PRODUCTIVITY IMPROVEMENT DUE TO THAT.
WHAT THIS PROJECT DOES IS ALLOWS FOR MARKET PARTICIPANTS TO HAVE A ONE-STOP SHOP WHERE THEY CAN, UM, INTERACT WITH AIRCO THROUGH THIS PORTAL AND UPDATE DOCUMENTS OR, YOU KNOW, HAVE THE COMMUNICATIONS WITH US, SCHEDULE INSPECTION, ALL THAT KIND STUFF IN ONE PORTAL INSTEAD OF DEALING WITH EMAILS AND PHONE CALLS AND ALL THAT THING.
SO, SO, SO A LOT OF EFFICIENCIES HERE.
AND YOU CAN SEE THAT IN NUMBERS FOR WEATHERIZATION, THE NUMBER OF WEATHERIZATION THAT'S GONE UP.
SO IT'S A LOT OF THOSE EFFICIENCIES COMING FROM HAVING TOOLS LIKE THIS.
AND WE EXPECT TO GO LIVE ON MAY ONE.
SO, UM, SO NEXT TIME WE ARE HERE, WE SHOULD BE LIVE WITH THIS.
UM, AND I WANT TO WANT TO BRING IT IN ATTENTION TO AN INCIDENT THAT OCCURRED, UH, WITH OUR CONGESTION REVENUE RIGHTS OR CRR AS WE CALL IT.
SO WE HAVE A LONG TERM AUCTION.
NOW, IN THIS PARTICULAR CASE, FOR THIS PARTICULAR AUCTION, IT USUALLY TAKES ABOUT 72 HOURS, BUT THIS AUCTION, THIS LAST AUCTION TOOK 360 HOURS.
NOW, AS A RESULT OF THIS LONG DURATION, WE MISSED OUR, WHAT DO YOU CALL OUR POSTING WINDOWS, OUR PUBLISHED WINDOWS THAT WE SAID, OKAY, WE WILL POST THE RESULTS BY THIS DATE.
SO WE HAVE THESE POSTED ON OUR WEBSITE AND WE MISSED THAT.
SO, AND WE ALSO NOTICED THAT IN THIS RUN WE HAD A LARGE NUMBER OF VIOLATIONS THAT THE SOFTWARE IS TRYING TO SOLVE FOR.
OKAY? AND WE HAVE NOTICED THIS SLOWNESS FROM THE BEGINNING OF THE YEAR, BUT IT WAS NOT THIS LONG.
SO WE'VE JUST BEEN WATCHING IT, BUT THIS TIME IT WENT SO FAR THAT, YOU KNOW, WE HAD TO ISSUE NOTICES AND THINGS LIKE THAT.
SO WE ARE APPROACHING IT FROM, YOU KNOW, FOUR DIFFERENT ANGLES.
YOU KNOW, THE EASY ONE IS THROW HARDWARE AT IT AND FIND THE RIGHT, YOU KNOW, SPOT WHERE IT WORKS BEST, RIGHT? SO THAT'S ONE WE ARE GOING BACK TO THE, UH, SOFTWARE CHANGES.
THAT'S THAT, YOU KNOW, WHERE WE ARE SEEING THIS SLOWNESS AND TRYING TO TRACK THAT DOWN.
UM, AND LIKE I SAID, WE NOTICE A LOT OF NETWORK VIOLATIONS, SO WE'RE TRYING TO SEE HOW CAN WE SOLVE IT DIFFERENTLY WITH THOSE NETWORK VIOLATIONS.
UM, AND, AND BASED ON OUR INITIAL INTERACTION WITH THE VENDOR, WE ARE SEEING PROGRESS IN THAT AREA.
LOT OF GOOD RESULTS, BUT IT WAS NOT TIMELY ENOUGH TO MAKE IT FOR OUR NEXT AUCTION, WHICH WAS STARTED OVER THE WEEKEND.
UM, WE ARE ALSO LIMITING THE NUMBER OF TRANSACTIONS.
SO NOW WE ARE CHANGING THE DATA, LOOKING AT THE DATA ITSELF.
UM, AND LASTLY, WE NEED TO LOOK AT THE MODEL CHANGE ITSELF TO SEE, YOU KNOW, WHAT CAUSED THIS LARGE NUMBER OF VIOLATIONS.
SO WE HAVE ALL THESE ANGLES THAT WE ARE LOOKING AT, BUT, BUT OUR IMMEDIATE FOCUS WAS HARDWARE AND SOFTWARE.
SO AT LEAST I'M HAPPY TO REPORT THAT THE LAST AUCTION THAT RAN OVER THE WEEKEND, IT COMPLETED IN LIKE OVER 20 HOURS.
OKAY? NOW WHEN I SAY 20, THEY DON'T COMPARE TO THIS 300 BECAUSE EVERY AUCTION IS DIFFERENT, YOU KNOW, DIFFERENT TIME PERIOD, DIFFERENT MODEL.
UM, BUT IF I LOOK AT THE CORRESPONDING COMPATIBLE LAST YEAR, THAT TOOK ABOUT 60 HOURS.
AND THAT WITH THESE CHANGES, WITH THE HARDWARE CHANGES AND, UM, AND THE NUMBER OF TRANSACTIONS THAT WE LIMITED, WE RUN IT
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IN 20 HOURS.SO, SO WE PROBABLY HAVE A HANDLE ON THIS, BUT STILL WHAT YOU WANT TO LOOK AT IS, GIVEN THIS PROBLEM THAT HAPPENED, WE WANT TO LOOK AT, YOU KNOW, OVER THE YEARS, LIKE WE HAVE THIS SOFTWARE FOR 15 YEARS, YOU KNOW, ARE THERE NEW TECHNOLOGY OUT THERE? ARE THERE PEOPLE OUT THERE THAT ARE SOLVING IT DIFFERENTLY? 'CAUSE THERE'S SO MUCH EXPLOSION AND OPTIMIZATION AND ALL THESE AREAS MOVING ON TO JUST ISSUE AN RFP AND MAYBE A PROOF OF CONCEPT BECAUSE THERE'RE NOT TOO MANY VENDORS IN THAT SPACE TO SAY, YOU KNOW, IS THERE SOMEBODY ELSE WHO'S DOING IT DIFFERENTLY? SO YOU MIGHT PURSUE THAT AS WELL, BUT AT LEAST FOR THE TIME BEING, WE AT LEAST SEEM TO HAVE A HANDLE ON THIS PROBLEM.
UM, LET ME KNOW IF YOU HAVE MORE QUESTIONS THAT I CAN ANSWER ON THIS.
YEAH, JP AND I HAVE BEEN TALKING ABOUT THIS SINCE, SINCE THE ORIGINAL PROBLEM DEVELOPED AND, UM, I, I THINK THE APPROACH THEY'RE TAKING IS A GOOD ONE.
UM, IT WOULD APPEAR THAT THE VENDOR HASN'T REALLY PAID A LOT OF ATTENTION TO THIS MODEL, UM, AND IS NOT UPDATING IT FOR THE TECHNOLOGIES THAT, FOR THE CHANGES IN THE, IN THE NETWORK ENVIRONMENT IS, IS THE, IS THE BETTER WAY OF SAYING THIS, UM, THAT, THAT ARE TAKING PLACE.
AND, AND THEREFORE WE'RE GONNA GO OUT AND LOOK AND SEE WHAT ELSE IS IN THE MARKET.
THIS IS A, THIS IS A HIGHLY CONSTRAINED NON-LINEAR EQUATION WITH, YOU KNOW, A GAZILLION INPUTS.
UM, AND YOU KNOW, THESE THINGS, IF, IF YOU ALLOW THEM TO BE COMPLETELY UNCONSTRAINED, CAN, CAN BE INCRED, YOU KNOW, CAN, CAN RUN FOR INFINITY, UH, BASICALLY, SO THERE ALREADY ARE CONSTRAINTS ON IT.
UH, AND THAT, AND THAT'S, THAT'S SOME OF WHAT HE'S TALKING ABOUT WHEN HE, WHEN HE IS TALKING ABOUT, UM, THE, UH, UH, THE EXCEPTIONS.
UM, BUT IT, IT, THIS, THIS IS A, SOMETHING THAT WE MAY NEED TO RUN MUCH MORE FREQUENTLY THAN THIS, UH, IN THE FUTURE.
SO HAVING IT RUN FOR DAYS IS, IS NOT ACCEPTABLE.
JP, HOW GONNA MONITOR THIS PROCESS GOING FORWARD? WHAT ARE YOUR THOUGHTS ABOUT THAT? I MEAN, SO, SO THE FIRST THING, WHAT WE ARE DOING THOUGHT CREEP UP TOWARD OVER 20 HOURS OR OVER 50 HOURS, COULD WE HAVE DONE SOMETHING MORE PROACTIVE THAN RUN INTO THE 362 HOUR RUN? YEAH, SO, SO ONE OF THE PROBLEM INHERENT WITH THIS IS, UM, LET'S SAY THIS LAST ONE THAT TOOK 360 HOURS, RIGHT? THAT'S A LOT OF DAYS.
SO EVERY TIME WE TRY TO RERUN IT OR CHECK THINGS OUT, BY DEFINITION, YOU HAVE TO SPEND DURATION, RIGHT? SO, SO EVEN WHEN YOU START LOOKING AT IT, PUTTING IT ONCE THAT AUCTION COMPLETED, RIGHT? ONCE ARE AUCTION COMPLETED AND WE MAKE A COPY, RUN IT IN OUR STUDY, SAY WHAT IS DIFFERENT, WHAT IS GOING ON, EVERYTHING WE LOOK AT IT OR EVERY TUNING CHANGE WE MAKE, YOU KNOW, THERE IS DURATION THAT WE HAVE TO ENCOUNTER, RIGHT? AND THE MEANTIME, THE NEXT AUCTION IS COMING.
YOU CAN'T SAY, WELL, I'M STUDYING THIS PROBLEM, I WANT TO PAUSE THIS NEXT AUCTION SO IT'LL KEEP IT RUNNING WITH THE NEXT AUCTION.
UM, AND, AND YOU KNOW, AND THAT'S WHY EVEN FOR THE AUCTION THAT I SAID, TAKE 20, I TOOK 20 HOURS, THERE ARE A LOT OF FIXES THAT WE ARE SEEING IMPROVEMENTS, OKAY? BUT IT DIDN'T GET THROUGH OUR TESTING CYCLE.
SO, SO, AND I DON'T WANT TO GET AHEAD OF THE QA, RIGHT? EVEN IF YOU'RE GETTING GOOD RESULTS, BECAUSE I MIGHT RUN IT, BUT WHAT IF THEN THE RESULTS ARE NOT GOOD? SO I HAVE TO STILL WAIT FOR THE EXECUTION TO COMPLETE, ANALYZE THE RESULTS AND DO ALL THAT.
SO, SO IN THIS PARTICULAR CASE, BECAUSE OF THE NATURE OF THE PROBLEM, IT JUST TAKES MORE TIME.
SO HENCE, YOU KNOW, ALTHOUGH WE OBSERVED SOMETHING, THE FIRST ONE YEAH.
WHEN WE STARTED OBSERVING, WE START PUTTING TOGETHER TEAMS TO LOOK AT THIS, BUT THE DURATION IS WHAT HURT US.
I THINK I'M ASKING A DIFFERENT QUESTION.
OH, I WAS ASKING HOW ARE WE GONNA MONITOR THE PROCESS? LIKE FROM HERE ON OUT, ARE WE GOING TO MEASURE THE TIMES CRR AUCTIONS RUN AND DO A CONTROL CHART AND TRY TO UNDERSTAND WHEN IT STARTS TO GO OUT OF CONTROL AGAIN? OH YEAH.
SO, SO WE ARE GOING TO SAY WE ARE ARE NOT GONNA SAY, OH YEAH, IF IT'S 200 HOURS IS GOOD, RIGHT? 'CAUSE OUR BENCHMARK WAS AROUND THE 72 HOURS THAT IT USED TO TAKE BEFORE.
SO WE ARE GOING TO TAKE THAT AS A BASELINE AND SAY, OKAY, WE SHOULD BE ABLE TO EXPLAIN IF FROM 72 WE WENT TO A HUNDRED, THEN IT GOT IS A HUNDRED BECAUSE OF SO AND SO DATA, RIGHT? AND, AND EVERY CHANGE YOU HAVE TO GO BACK AND RUN WITH THESE KIND OF CASES.
BUT, BUT THERE IS, THERE ARE A COUPLE OF PROBLEMS HERE, RIGHT? ONE IS THE SOFTWARE CHANGES, BUT AT THE SAME TIME THERE'S ALSO DATA IS AN INPUT.
WE ARE STILL STUDYING THAT, RIGHT? WHAT, WHAT CHANGED IN THE DATA
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SINCE THE BEGINNING OF THE YEAR THAT IS MAKING IT RUN THIS WAY? AND WE HAVEN'T IDENTIFIED THAT YET, STILL WORKING ON THAT, BUT WE ARE TRACKING IT BECAUSE THIS, THIS IS SOMETHING I DON'T WANT TO REPEAT, HAVING TO SEND THIS MARKET NOTICE THAT WE MISSED THIS.JOHN, YOU WERE SAYING SOMETHING.
UH, DO WE HAVE AN IDEA ON ECONOMIC IMPACT TO THIS? UM, SO ONE IMPACT IS THAT, UM, AND, AND I WAS SPEAKING OUTSIDE OF MY EXPERTISE, ONE IMPACT IS THAT THE MARKET CREDIT IS NOT RELEASED RIGHT? UNTIL THIS EXECUTION COMPLETES.
SO PEOPLE ARE HOLDING ONTO THEIR CREDIT FOR LONGER DURATION THAN THEY ANTICIPATED, RIGHT? SO I THINK THAT IS PROBABLY THE MOST IMPACT FOR OUR MARKET PARTICIPANTS.
THAT, THAT IF YOU'RE USED TO RUNNING SOMETHING IN 72 HOURS, OR AT LEAST LOOKING AT THE POSTING WINDOW EVERY TIME YOU VIOLATE THAT, OR ANY TIME YOU VIOLATE THAT, WHICH BY THE WAY IS THE FIRST TIME IT'S HAPPENED IN OUR HISTORY, UH, ANYTIME YOU VIOLATE THAT, THEN THEY'RE HOLDING ONTO THE CREDIT FAR MORE THAN THEY MAY HAVE ANTICIPATED.
SO THAT I THINK IS THE IMPACT FROM A MARKET POLICY PERSPECTIVE.
SO THAT MEANS RECONCILIATION DOESN'T HAPPEN, THAT POTENTIALLY MEANS A FINANCIAL IMPACT TO SOMEBODY IN THE SYSTEM.
NOT CLEAR WHO, IT'S A KEEN IN QUESTION I GUESS, BUT YEAH.
SO, UM, I DON'T KNOW IF ANYBODY FROM MARKETS HERE.
MATT, DO YOU, IS THERE ANYTHING YOU WANT TO ADD TO THIS? UM, I'M GLAD MATT IS HERE.
ON THE CR AUCTION, THE MAIN ISSUE WAS THE HOLDING OF COLLATERAL THROUGH THAT WEEKEND.
SO WE HAD LOOKED TO PUBLISH BY THURSDAY, IT WAS OUR PUBLISHED DATE, WE WERE MISSING IT.
WE SENT THE MARKET NOTICE, CLEARED IT OVER THE WEEKEND AND THEN INVOICED ON MONDAY TO THEN RELEASE THE CREDIT TO THAT.
UH, BUT EVERYTHING JP HAS SAID, UH, YOU KNOW, THIS REALLY WAS ONE OF THOSE PERFORMANCE ISSUES WHERE IT BECAME A HOCKEY STICK TYPE PERFORMANCE WHERE JANUARY WAS A LITTLE CONCERNING.
FEBRUARY GOT STRANGE AND THEN THE TEAM WAS HEADS DOWN FROM MID-JANUARY, UP TILL THIS PAST FRIDAY WHEN WE HAD THAT FINAL CONFIGURATION PUT IN.
THAT REALLY HELPED THINGS, UM, ZIP THROUGH THE WEEKEND.
SO IT WAS A REALLY GOOD, UH, TEAMWORK TO GET IT OUT.
BUT AGAIN, THE BUSINESS SIDE DID LOOK AT ENFORCING AN OPTIONAL TRANSACTION LIMIT TO SAY 400,000 BIDS IS A LOT.
UH, WE'VE BEEN ALLOWING THE MARKET TO GO PAST THAT.
AND FOR THIS AUCTION, WE SAID AS A RISK MITIGATION EXERCISE, WE'RE GONNA ENFORCE THAT LIMITATION.
AND SO ON FRIDAY WE EXCEEDED THE 400,000, ISSUED THE NOTICE TO SAY, PLEASE LOWER BELOW.
AND THEN WE HAD THAT OFF AND RUNNING.
AND SO WE HAD, YOU KNOW, LESS LIQUIDITY WAS THE OTHER PIECE.
SO WE WOULD LIKE TO CLEAR AS MUCH AS WE CAN.
THERE IS REVENUES IN THIS AND HEDGING THAT'S EFFECTIVE.
UM, BUT AGAIN, WE'D LIKE TO GET BACK TO THAT.
SO WHAT HAPPENED THIS WEEKEND WAS REALLY GOOD NEWS.
BUT IS YOUR INTENT THEN TO, UM, OPEN THE SPIGOT UP AGAIN AND, AND LET PEOPLE, SO WHAT WE'RE GONNA DO A LOT OF IS BACK TO WHAT JP WAS DESCRIBING, IS RUN THE BAD ONE OVER AND OVER AGAIN.
TUNE IT, YOU KNOW, FIND THAT CONE OF PERFORMANCE TO FIND THE RIGHT CPUS, THE RIGHT TRANSACTIONS AND LIMITS.
UM, AND I WILL GO BACK, YOU ASKED HOW MANY, SO WE, EVERY MONTH WE RUN A MONTHLY AUCTION FOR THE PROMPT MONTH, AND THEN WE ALSO RUN A SIX MONTH STRIP UP TO THREE YEARS OUT.
AND SO WE ROLL THROUGH A, THAT LONG TERM AUCTION SEQUENCE ONCE A MONTH.
SO WE GO MONTHLY LONG TERM AUCTION TWICE A MONTH AND THEN OFF.
AND THAT'S HOW WE ROLL THE MARKET OUT.
SO PEOPLE LOOK AT THE LONG TERM AND FORMULATE A STRATEGY FOR CORRECT.
AND THE ONE THAT IT GOT STUCK ON THE 320 HOURS, THAT 360 HOURS, THAT IS THE FURTHEST OUT IN, I'M SORRY, THAT'S THE CLOSEST ONE.
IT'S THE MOST LIQUID SIX MONTH AUCTION THAT'S CLOSEST.
SO IT HAS THE MOST BIDS, THE MOST BANDWIDTH ON HOW MUCH, UH, NETWORK CAPACITY WE SELL.
SO THERE'S ACTUALLY THE, THERE'S THE MOST PRESSURE ON THAT SEQUENCE.
AND THEN THIS ONE IS THREE YEARS OUT, SO THERE'S A SMALLER TOPOLOGY AND NOT AS MUCH, UM, AUCTION REVENUES TO CLEAR.
SO IT'S A BIT OF A SIMPLER MATH PROBLEM TOO.
SO THERE'S, THESE ARE ACTUALLY DIFFERENT AUCTIONS.
YEAH, THEY'RE SIX MONTHS PIECES.
SO WE, WE WENT FROM SIX MONTHS OUT TO 12 MONTHS OUT TO 18 MONTHS OUT TO 24 MONTHS OUT.
WE DO THIS ROLLING STRIPS OF THREE YEARS.
SORRY, I KNOW WE'RE GETTING INTO CR 1 0 1, BUT I HOPE THAT HELPS.
ANY QUESTIONS YOU HAVE, I'M HAPPY TO ADDRESS.
LINDA, JUST TO TRY TO CRISP THIS UP, WHAT YOU'RE SAYING IS YOU'RE DEALING WITH THE IMPACT OF THE DELAY AND YOU'RE NOT SEEING THAT THE RESULTS ARE AN ERROR.
SO WE STILL COME BACK TO WHAT YOU'RE WORKING ON.
IS THAT SOMETHING WHICH YOU SUSPECT MIGHT BE THE DATA ENTRY IS TRIGGERING A LOT OF VIOLATIONS?
[00:30:01]
COULD BE THE DATA RANGE, WHATEVER IT IS, THE INPUT IS TRIGGERING SOME EXTRA ACTIVITIES OR ALGORITHMS THAT ARE DELAYING, BUT IT'S NOT CAUSING AN OUTPUT MISTAKE.SO YOU'RE NOT MAKING AN ERROR.
AND YOU'RE WORKING ON TRYING TO FIGURE OUT HOW THAT DATA IS IMPACTING.
ALRIGHT, THAT IS MY LAST SLIDE.
AND, UM, I THINK NOW, NOW YOU'RE GONNA TALK ABOUT
[4.2 Real-Time Co-Optimization Implementation Update]
REAL TIME CO OPTIMIZATION, RIGHT? YEP.AS A REMINDER, THE REAL TIME OPTIMIZATION CO-OP OPTIMIZATION IS THE RTC OR A AND BAT AND THE SINGLE MODELING OF BATTERIES AS WELL AS THE STATE OF CHARGE MANAGEMENT.
AND JUST TO, LET'S SET THAT CONTEXT.
WHAT THAT, WHEN YOU SAY RTCS, REALLY THESE THREE PROJECTS, RIGHT? AND ALSO AS A BACKGROUND, THESE THREE PROJECTS, UH, WITHIN ERCOT HAVE, UM, A MASTER PROJECT ON, ON AN OVERSEEING PROJECT AND THREE COMPONENT PROJECTS THAT DEAL WITH THE GENERATION AND MANAGEMENT SYSTEMS, THE COMMERCIAL APPLICATION, AS WELL AS THE INTEGRATION AND DATA.
AND, AND THE MAIN THING HERE TO REMEMBER IS THAT WHEN WE MAKE THE CHANGES FOR RTC, WE CAN'T GO LIVE UNTIL OUR MARKET PARTICIPANTS GO LIVE, RIGHT? I THINK SOMETHING WE NEED TO REMEMBER THAT IT'S NOT JUST AN
SO, UM, YOU KNOW, I'M REPORTING THE SPEND THAT WE ARE DOING, I'LL SWITCH TO AN ESC MODEL ONCE OUR PLANNING IS COMPLETE.
UM, UH, AND, BUT RIGHT NOW, YOU KNOW, WE ARE SPENDING MORE, UM, WE OBVIOUSLY SEE THE SPEND PICKUP, UM, AND THIS IS A DISTRIBUTION ACROSS THE VARIOUS PROJECTS AND GENERALLY THEY'RE ALL ON TRACK OR AHEAD.
SO I JUST WANT TO REPORT THAT AS WELL.
UM, THIS IS THE MAIN SLIDE THAT I WANT TO SPEND TIME ON.
UM, SO IF YOU COMPARE WITH LAST TIME I TOOK OUT A PROJECT TO, UH, THE PROJECT THAT DEALS WITH SIM 16 UPGRADE, I MEAN, SO ON THE TOP HERE I'VE BEEN SHOWING DEPENDENCIES THAT IMPACT THIS PROJECT.
OKAY? UM, AND I TOOK OUT A PROJECT THAT IS NOW GOING LIVE AFTER RTC.
SO RTC DOESN'T HAVE ANY IMPACT FROM THAT, SO I TOOK IT OUT.
OKAY? UM, SO, SO THE THINGS THAT REMAIN ARE PROJECTS THAT DO HAVE AN IMPACT.
SO, BUT, BUT THEY'RE NOT HURTING.
SO I JUST SHOWING IT FOR AWARENESS.
UM, THE MAIN THING YOU HAVE HERE THAT'S DIFFERENT IS THAT I HAVE SOME MORE DETAIL IN THIS DEVELOPMENT AND UNIT TESTING, RIGHT? UH, WHAT WE ARE SEEING IS, UM, YOU KNOW, FROM THE VENDOR, I HAVE MORE DELIVERABLES, MORE BREAKUP OF THE DELIVERABLES.
I HAVE THE SAME IMPORTER, WHICH IS THE MODEL IMPORT, AND AS WELL AS A DAY AHEAD MODEL CHANGES.
THEY'RE COMING IN NEXT MONTH, SO, WHICH IS GOOD AND WE'LL HAVE THE ROUGH CHANGES, UM, BY OCTOBER.
AND THEN THE ONLY THING REMAINING IS THE MAIN SCARED CHANGE.
AND, AND WE EXPECT TO SEE THE SKETCH CHANGE, AT LEAST A PRELIMINARY VERSION OF IT, ENOUGH TO GET OUR INTEGRATED TESTING STARTED, UH, ON TIME.
UM, AND HOW A FINAL RELEASE FROM THE VENDOR ON TIME FOR MARKET TRIALS.
SO WE SEEM TO BE TENDING ON TRACK, AT LEAST FROM THE VENDOR PERSPECTIVE.
AND JUST LIKE, YOU KNOW, FROM AN
AND IF I EXPAND THIS ACROSS THE GRID, THE BIGGEST RISK I WOULD SEE IS THAT ALL THE VENDORS FOR OUR MARKET PARTICIPANTS DELIVER IT TO THEM ON TIME SO THAT WE CAN START OUR MARKET TRIALS ON TIME.
SO, SO GIVEN THAT, THAT'S OUR BIGGEST RISK, UH, WE HAVE BEEN ENGAGING WITH THE MARKET PARTICIPANTS IN VARIOUS FORUMS. UM, OBVIOUSLY MATT HAS, YOU KNOW, ENGAGEMENT AT THE BUSINESS SIDE, BUT WE ALSO WANT TO TALK TO THE CORRESPONDING IT TEAMS BECAUSE AT THE END OF THE DAY, JUST LIKE AN ERCOT, I MIGHT HAVE BUSINESS REQUIREMENTS, BUT IT'S THE IT TEAM THAT HAS TO DELIVER.
SO YOU WANT TO TALK TO THE IT TEAMS IN ALL THESE VENDOR SHOPS AS WELL AS THEIR VENDORS.
SO WE HAVE A LOT OF ENGAGEMENT THAT'S GOING ON AND YOU KNOW, AND WE ARE OUR FIRST KIND OF MEETING LAST WEEK, AND IT KIND OF REINFORCES THAT, OKAY, WE NEED TO DO MORE OF THIS TALK AND SO THAT WE CAN START PUBLISHING OUR EXTERNAL SPECS EARLY TO THEM SO THAT THEY HAVE A
[00:35:01]
CONTRACT IN PLACE WITH THEIR VENDORS.SO WHAT I WOULD LIKE TO DO IN FUTURE MEETINGS IS TO START REPORTING TO YOU SOME OF THOSE KIND OF STATISTICS, RIGHT? HOW MANY MARKET PARTICIPANTS ARE THERE? WHO ARE THE PEOPLE WHO HAVE ENGAGED, HAVE, WHAT IS THEIR STATUS RELATED TO THEIR UNDERSTANDING OF THE REQUIREMENTS? WHAT IS THEIR STATUS WITH RELATIVE TO THEIR ENGAGEMENT WITH THEIR VENDORS? AND I WOULD DO THAT BECAUSE AT THE END OF THE DAY, WHAT I'M SAYING IS OUR BIGGEST RISK TO MARKET TRIAL IS THAT, SO I MIGHT AS WELL GIVE YOU SOME DATA AROUND THAT.
UM, ONE IS, I, I ASSUME THAT ALL THE VENDORS HAVE IMPLEMENTED RTC AT OTHER ISOS, UM, AND THEREFORE, OR WELL, AND IS, IS THIS IMPLEMENTATION DIFFERENT THAN THEIR PREVIOUS IMPLEMENTATIONS? AND ARE THEY HAVING TO WRITE NEW CODE AS A RESULT? THEY WILL HAVE CHANGES, INTERFACE CHANGES, RIGHT? FOR EXAMPLE, THE WAY WE HANDLE GENERATION IS DIFFERENT.
SO THEY WILL HAVE CHANGES ALONG THAT, BUT THEY'RE NOT IMPLEMENTING, THEY'RE NOT DOING OPTIMIZATION, RIGHT? BECAUSE ALL THE BULK OF THE OPTIMIZATION, ALL THAT WORK IS ON OUR SITE.
BUT WHEN WE ARE DONE WITH THE WORK AND WHEN WE ISSUE THE MARKET SIGNALS OUT TO OUR MARKET PARTICIPANTS, RIGHT? MM-HMM,
ALL THAT KIND OF CHANGES, NUANCES ARE THE SYSTEM NEEDS TO HANDLE THAT IS DIFFERENT, RIGHT? THAT WAS GONNA BE MY SECOND QUESTION, BUT, BUT KEEP GOING.
BUT, BUT IT'S ALONG THOSE LINES, RIGHT? SO IT'S NOT LIKE EACH ONE OF THEM HAS TO IMPLEMENT RTC, RIGHT? BUT THERE ARE CHANGES.
THERE DEFINITELY ARE API CHANGES AND INTERFACE CHANGES THAT THEY NEED TO DO WITH BATTERIES, THEY NEED TO ACCOUNT FOR STATE OF CHARGE, ALL THOSE KIND OF STUFF THAT, UM, THAT THE PROJECT BRINGS IN.
SO, SO SECOND QUESTION THEN IS WHAT HAPPENS IF A MARKET PARTICIPANT DOESN'T, ISN'T READY AND HASN'T MADE THE NECESSARY CHANGES? YOU JUST ALLUDED TO, UM, ARE THEY EXCLUDED FROM THE MARKET? IS THERE A DEGRADED MODE THAT THEY CAN OPERATE IN? WHAT, WHAT, WHAT'S THE, WHAT'S THE SCENARIO? I, I, I WILL LET MATT ANSWER THAT 'CAUSE THAT'S A MARKET QUESTION, BUT WHAT I'LL SAY IS WE HAVE A LONG DURATION FOR MARKET TRIALS, RIGHT? BUT WE CAN CERTAINLY START THE MARKET TRIAL WITH A LIMITED SET AND KEEP EXPANDING.
BUT CAN WE GO LIVE WITHOUT EVERYBODY BEING THERE? I'LL LET MATT ANSWER THAT QUESTION.
WELL, WE, SORRY, MATT MARINA ERCOT, UM, THE GOAL IS NO SURPRISES.
SO WHAT WE WOULD LOOK TO BE DOING IS MONTHS BEFORE MARKET TRIALS IS TO START UP LIGHTING UP DASHBOARDS.
UH, SO WHAT I WOULD ENVISION IS WE ROLL OUT OUR IMPLEMENTATION PLAN THAT WE WOULD ROLL OUT ATTESTATIONS TO ALL THE QUES AND VENDORS TO SAY, WILL THEY BE, WILL THEY BE READY TO MEET THIS DATE WITH THAT PLAN? THAT BECOMES THE FIRST FEEDBACK LOOP TO SAY, WE'RE NOT GONNA BE READY.
AND IF THEY'RE NOT READY, WHAT CAN WE DO TO HELP YOU BE READY? MM-HMM,
IS THERE SUCH A THING AS, UM, SOMETHING SMALL ENOUGH TO IGNORE? WELL, WE DON'T WANT THAT TO BE THE CASE.
WE WILL HAVE A PORTAL IF PEOPLE DON'T HAVE THEIR ABILITY TO AUTOMATE INTO THEIR SYSTEMS THAT THEY CAN KEY INTO THE SYSTEMS. UH, BUT AGAIN, THERE'S, THERE'S PROBABLY THREE, UH, I'M DOING IT AGAIN FOR RTC, THERE'S THREE KEY TENETS.
ONE IS RESOURCE SPECIFIC DISPATCH.
WE'RE TRANSITIONING FROM PORTFOLIO TO THAT ON ANCILLARY SERVICES.
SO THAT'S KEY AND THAT'S MORE SIGNALS.
UH, THE SECOND PIECE IS THAT WE'RE DOING IT EVERY FIVE MINUTES WITH THE ANCILLARY SERVICES.
AND THE THIRD ONE IS WE WANNA MAKE SURE THAT, UM, THAT WE'VE TESTED IT AND THE REGULATION SIGNALS AND FREQUENCY IS HELD IN, SO WE CAN'T FORKLIFT RTC FROM ANOTHER MARKET.
IT'S STILL VERY ERCOT SPECIFIC INTO HOW WE'RE EVOLVING FROM ONE TO THE OTHER.
BUT THOSE ARE THE KIND OF THE THREE COMPONENTS THAT ARE HELPING TO SHOW THAT PATH.
SO MY, MY CONCERN IS HAVING BEEN THROUGH A NUMBER OF THESE CONVERSIONS OVER THE YEARS, THAT THERE ARE ALWAYS LAGGARDS.
AND IT, AT SOME POINT YOU, YOU HAVE TO EITHER CUT PEOPLE OFF AND SAY, OKAY, YOU'RE NOT IN, THEREFORE YOU CAN'T DISPATCH INTO THE MARKETPLACE.
OR YOU, AND YOU ALSO HAVE TO PROVIDE AS MANY, AS MUCH ASSISTANCE AS YOU POSSIBLY CAN, AND THERE WILL STILL BE PEOPLE WHO DRIVE YOU CRAZY, RIGHT? RIGHT.
WHAT WE DID FOR, FOR NODAL BACK 15 YEARS AGO, IT WAS A DASHBOARD AND PEOPLE WERE BEHIND, BUT ERCOT WAS BEHIND WITH ECRS THAT WE DID LAST YEAR.
IT WAS WHERE WE GAVE AT SIX MONTHS OUT, WE STARTED DOING THE SCORECARD.
SO WE REALLY FEEL LIKE THOSE SIX MONTHS OUT IS ENOUGH TIME FOR PEOPLE TO ADAPT AND GET BACK IN.
SO WE'RE HOPING THAT THAT RUNWAY IS THE MITIGATION THAT EVERYONE NEEDS TO GET THROUGH THIS VENDORS INCLUDED.
SO TO SUMMARIZE, IF IT IS SMALL ENOUGH, WE CAN PROBABLY IGNORE IT, BUT THE, WE HAVE TO CARRY FORWARD THE BIG YEAH.
WE CAN'T IGNORE IT AND HENCE THE RISK.
[00:40:02]
OKAY.I DUNNO IF THERE ANY MORE QUESTIONS ON THIS SLIDE.
NOT, UM, AND LIKE I DO EVERY TIME, YOU KNOW, I PRESENT THE UPCOMING MILESTONES AND AT THE NEXT BOARD MEETING I TALK ABOUT THE ACHIEVEMENTS FOR THOSE MILESTONES.
AND AS YOU CAN SEE, MOST OF THE MILESTONES ARE COMPLETE.
UM, WE HAVE ONE REQUIREMENT THAT IS AT RISK, BUT IT'S NOT IMPACTING OUR, YOU KNOW, MARKET TRIALS.
IT'S MORE OF AN INTERNAL, UH, THING.
BUT WE ARE GENERALLY ON TRACK.
AND THESE ARE THE NEXT SET OF MILESTONES THAT, UH, I'LL BE REPORTING ON THE STATUS OF THESE IN THE NEXT BOARD MEETING.
BUT I WANT TO SHOW IT TO YOU UPFRONT, WHAT ARE THE UPCOMING MILESTONES THAT ARE COMING? UM, ONE OF THE MAIN MILESTONE IS THE RTCB REQUIREMENTS COMPLETE.
AND WE HAVE A STRETCH GOAL FOR THAT TO COMPLETE ON APRIL 30.
AND OUR PROJECT, UH, NORMAL EXECUTION WOULD'VE COMPLETED IN MAY 31ST.
SO ON MY NEXT SLIDE, I'M SHOWING YOU THE SAME THING.
FOR THE REQUIREMENTS COMPLETE, OUR TARGET GOAL IS 5 31 STRETCH GOAL IS FOUR 30, AND AS OF TODAY, WE ARE ON TRACK TO MEET THAT STRETCH GOAL.
SO, UM, SO IT'S GOOD NEWS THERE, BUT I, TO GO BACK HERE AND ALSO SAY THIS, RIGHT, AS WE START MEETING A LOT OF THE STRETCH GOALS, WE WILL BE, YOU KNOW, HITTING THIS MARKET TRIALS AND ON TIME, WHICH MEANS YOU WANT THE MARKET PARTICIPANTS TO BE AWARE THAT IT'S NOT THAT FAR AWAY, RIGHT? BECAUSE WE THINK, OH, YEAH, RTC WE SHOW DATE LIKE 26, BUT IT'S NOT THAT FAR AWAY.
MARKET TRIALS ARE NEXT YEAR, AND IF THE MARKET TRIALS GO WELL, WE MAY BE MOVING SOME OF THIS GOAL LIVE LEFT, RIGHT? DEPENDING ON HOW THAT GOES.
SO YOU COULD BE LOOKING AT POTENTIALLY EVEN END OF 25 GO LIVE.
SO LIKE I SAID, IT'S $130 MILLION PER MONTH OF SAVINGS.
YOU WANT TO KEEP THE PRESSURE ON GOING LEFT.
WE KNOW WHAT THE POTENTIAL FINANCIAL IMPACT ON MARKET PARTICIPANTS IS.
I MEAN, HOW, HOW MUCH DOES, YOU KNOW, A MEDIUM-SIZED GENERATOR HAVE TO SPEND? I HAD THIS QUESTION FROM JULIE LAST TIME AS WELL.
AND KNOW AS WE DO THIS ENGAGEMENT WITH THE MARKET PARTICIPANTS AND THEY UNDERSTAND THE REQUIREMENTS, I'LL COME BACK TO THIS QUESTION.
BUT I DO REMEMBER YOUR QUESTION FROM LAST TIME.
SO I DO PLAN TO REPLY THAT I KEEP ASKING THE SAME QUESTION
THAT'S, I REALLY LIKE THE SCORECARD IDEA SIX MONTHS IN ADVANCE.
[4.3 ERCOT Innovation Summit Update]
UP IS, UM, AGENDA ITEM 4.3, THE CROT INNOVATION SUMMIT WITH VEN CAP.GOOD MORNING COMMITTEE MEMBERS AND ALL THE GUESTS.
MY NAME IS
AS YOU ALL KNOW, UH, INNOVATION SUMMIT IS HAPPENING ON TUESDAY, MAY 21.
THE LAST TIME WE MET, WE WERE CONTEMPLATING, UH, A SHIFT IN THE VENUE BECAUSE OF THE, THE INTEREST IN THE SUMMIT EXCEEDING OUR EXPECTATIONS.
AND I'M HAPPY TO ANNOUNCE THAT WE HAVE SHIFTED THE VENUE FROM MEDCENTER THIS LOCATION TO HILTON AUSTIN AIRPORT.
AND SO THAT DOUBLED THE IN-PERSON CAPACITY FOR THE SUMMIT.
SO WE WENT FROM ABOUT 190 THAT THIS LOCATION CAN HOST TO ABOUT 400 PLUS IN THE, IN THE HOTEL.
UH, WE HAVE ALSO ANNOUNCED A LIVE STREAMING OPTION FOR THE SUMMIT.
AND THAT WENT OUT A FEW WEEKS AGO, THE ANNOUNCEMENT FOR THAT, AND WE STARTED TAKING REGISTRATION FOR THAT.
AND HAPPY TO SAY THAT THERE'S A LOT OF INTEREST WITH LIVE STREAMING AS WELL.
WE ARE VERY CLOSE TO 600 FOLKS WHO ARE INTERESTED IN ATTENDING THE SUMMIT VIRTUALLY.
WE ARE 29 DAYS AWAY FROM THE SUMMIT.
AND, UH, THERE ARE A LOT OF TEAMS THAT ARE WORKING, UM, YOU KNOW, HAND IN HAND, UM, CORPORATE COMMUNICATIONS, GOVERNMENT AFFAIRS, CLIENT SERVICES, IT FACILITIES, CYBERSECURITY, PHYSICAL SECURITY, PROCUREMENT, SUPPLY CHAIN.
WE ALL ARE WORKING VERY CLOSELY WITH, UH, THE HOTEL AND THE PRODUCTION, UH, SERVICES COMPANY.
UM, WHAT I WANTED TO DO TODAY WAS, UH, QUICKLY GO THROUGH THE AGENDA, UH, TO YOU ALL AND EXPLAIN WHAT THE DIFFERENT PANEL SESSIONS, UH, ARE GOING TO BE ABOUT.
SO THE WAY THIS IS GONNA HAPPEN IS, UH, I WILL KICKSTART THE, THE SUMMIT, UH,
[00:45:01]
ON, ON MAY 21 AND DO THE GENERAL ANNOUNCEMENTS AND THE SAFETY BRIEF, UH, FOR THE ATTENDEES.AND THEN I WILL PASS THE MIC TO PABLO.
AND PABLO WILL WELCOME THE ATTENDEES, UH, FOR THE SUMMIT AND, UH, UH, YOU KNOW, SORT OF SET THE STAGE FOR WHAT, WHAT IS TO COME AND, UH, INTRODUCE OUR KEYNOTE SPEAKER, DR.
STEVEN ASHBY FROM PNNL, FIRST WEEK NORTHWEST NATIONAL LAB.
ASHBY STACK IS GONNA, UH, UH, TALK, IS GONNA FOCUS ON USING INNOVATION TO, UH, IMPROVE THE RELIABILITY, THE RESILIENCY AND SECURITY OF THE, THE POWER GRID ACROSS THE WORLD.
AND, UH, I'M ASSUMING A LOT OF YOU FOLKS IN THE ROOM HERE KNOW THAT PNNL ACTUALLY DOES A LOT OF WORK, UH, BOTH ON THE GRID SIDE, ON THE POLICY SIDE WITH RESPECT TO THE ELECTRICITY SECTOR.
SO I'M VERY EXCITED, UH, TO HEAR WHAT DR.
AFTER THAT, WE MOVE ON TO THE PANELS, AND WE HAVE SIX PANELS.
AND THE WAY WE HAVE PLANNED THIS IS EACH PANEL IS FOR 50 MINUTES, FIVE ZERO MINUTES, AND SOME PANELS HAVE, UH, YOU KNOW, THREE MEMBERS.
SOME PANELS HAVE FOUR MEMBERS.
BUT THE FIRST PANEL THAT WE WILL START OFF IS, UH, THE ESSENTIAL RELIABILITY SERVICES.
UM, AS YOU ALL KNOW, AS THE GRID IS TRANSFORMING, UH, UH, WE HAVE TO RE-LOOK AT HOW TO MEET THE ESSENTIAL RELIABILITY SERVICES THAT FOLKS EXPECT FROM OUR CART.
UH, MEANING FREQUENCY SUPPORT, THE VOLTAGE SUPPORT, UH, THE RAMPING AND THE BALANCING, ET CETERA.
SO THIS PANEL IS GOING TO FOCUS ON THE FREQUENCY WRITE THROUGHS, THE VOLTAGE WRITE THROUGHS, UH, THE ROLE OF GRID FORMING INVERTERS, THE NEED FOR DOING DIFFERENT KINDS OF STABILITY STUDIES, THE DIFFERENT KINDS OF TOOLS WE NEED FOR THAT.
SO THIS IS GONNA BE QUITE AN INTERESTING PANEL.
UH, FRED WONG, WHO IS OUR DIRECTOR OF OPERATION SUPPORT, WE LEAD THE PANEL WITH, UH, JULIA FROM E-CIG, UH, DEEPAK FROM ERI, AND, UH, SARAH FROM CALIFORNIA.
SO, UH, THE, THE FOLKS ON THIS PANEL ACTUALLY ARE THOUGHT LEADERS IN THIS AREA, SO IT IT'S GONNA BE PRETTY INTERESTING, UH, PANEL SESSION FOR SURE.
THEN, UH, WE TAKE A 15 MINUTE BREAK AND, UH, GO TO THE, THE NEXT PANEL, WHICH IS ALL ABOUT DEMAND FLEXIBILITY.
AND, UH, WE ALL KNOW VERY WELL THAT, YOU KNOW, AS A GRID TRANSFORMS THE ANSWER IS NOT ONLY ON THE SUPPLY SIDE, WE ALSO HAVE TO LOOK AT THE DEMAND SIDE AS WELL.
AND SO THIS PANEL IS GONNA FOCUS ON THE DEMAND FLEXIBILITY, THE FOCUS ON THE INNOVATIONS AROUND ENGAGING THE END USE CUSTOMERS.
UH, THEY'RE ALSO GOING TO TALK ABOUT THE AIDER PILOT THAT IS HAPPENING RIGHT NOW, AND SORT OF LESSONS LEARNED FROM THAT WILL BE DISCUSSED AS WELL.
AND, UH, YOU KNOW, WE HAVE PUT TOGETHER QUITE AN INTERESTING, YOU KNOW, BUNCH OF FOLKS FOR THIS PARTICULAR PANEL.
UH, DAVE MAGIO, OUR PRINCIPAL OF COMMERCIAL OPERATIONS.
WE, UH, MODERATE THIS WITH MICHAEL FROM OCTOPUS ENERGY.
LACHE WHO IS DOING SOME WORK WITH US.
UM, UM, ON THIS PARTICULAR TOPIC FROM, UH, TEXAS A AND M, UH, WE HAVE MARIA FROM PJM REPRESENTING AN ISO PERSPECTIVE FROM THE EAST.
AND, UH, WE HAVE JESSE FROM TESLA.
SO AGAIN, UH, QUITE A INTERESTING MIX OF PEOPLE, UH, WHO BE ON THIS PARTICULAR PANEL.
AND THEN WE GO FOR ABOUT 70 MINUTES OF LUNCH, UH, AND, UH, WE COME BACK AT ONE O'CLOCK IN THE AFTERNOON.
AND, UH, THE THIRD PANEL IS ABOUT ENERGY STORAGE.
THIS PARTICULAR PANEL WILL TALK ABOUT THE GROWTH OF, YOU KNOW, ENERGY STORAGE RESOURCES, UH, GLOBALLY, THE GROWTH OF TECHNOLOGY, AS WELL AS THE INTEGRATION CHALLENGES AND OPPORTUNITIES, UH, THAT EXIST FOR ESRS.
UH, THE MODERATOR FOR THIS ONE WILL BE KEN RAGSDALE FROM
HE'S OUR PRINCIPAL OF MARKET DESIGN, AND WE HAVE ERIC FROM ERI, JASON FROM FARM ENERGY, AND DANIEL FROM CALIFORNIA IS O WHO WILL BE ON THIS PANEL.
THE FOURTH ONE FOR THE DAY IS, UH, ON, UH, UNCERTAINTY MANAGEMENT.
UM, YOU KNOW, AS AS THE GRID TRANSFORMS, UH, WE NEED TO START MOVING AWAY FROM DETERMINISTIC KIND OF MODELING INTO MORE OF STOCHASTIC KIND OF MODELING.
AND WE NEED TO START REALLY ASSIGNING PROBABILITIES TO RISK AND UNCERTAINTY.
UH, IT, IT REALLY IS A FUNDAMENTAL CHANGE IN HOW WE, YOU KNOW, LOOK AT THE WORLD.
AND SO THIS UNCERTAINTY MANAGEMENT PANEL WILL EXPLORE THE OPERATING PRACTICES AND INNOVATIONS AROUND QUANTIFYING THE RISK UNCERTAINTY, ET CETERA.
AND EVEN THOUGH THIS PARTICULAR PROBLEM OF UNCERTAINTY MANAGEMENT APPLIES TO SORT OF LOT OF PEOPLE IN THE SECTOR, TRANSMISSION COMPANIES, GENERATION COMPANIES, BUT THIS PROBLEM IS MORE ACUTE FOR THE ISOS GIVEN OUR, UH, ROLE AND RESPONSIBILITY.
SO THIS IS AN ALL ISO PANEL WITH JEFF BELOW OUR DIRECTOR OF OPERATIONS PLANNING, MODERATING THIS.
WE HAVE GARRETT FROM SOUTHWEST POWER POOL, JASON FROM MISO, AND GUILLERMO FROM, UH, CALIFORNIA IS O WHO WILL BE ON THIS PANEL.
AND THEN WE TAKE ANOTHER 15 MINUTE BREAK AND WE GO INTO, UH, TRANSMISSION PLANNING AGAIN AS THE GRID TRANSFORMS THE WAY WE HAVE BEEN DOING TRANSMISSION PLANNING FOR DECADES, WHICH IS, HEY, LET'S WORRY ABOUT THE PEAK LOAD.
LET'S STUDY THE PEAK LOAD AND HOPE THAT EVERYTHING WILL
[00:50:01]
BE OKAY.AND SO THIS PARTICULAR PANEL WILL EXPLORE THE CHALLENGES TO HOW TO PLAN AND, AND HOW THE FUTURE OF TRANSMISSION PLANNING IN AN EVOLVING, UH, UH, GRID.
UH, SO WE HAVE PRABU
UH, WE HAVE KAMRAN FROM A EP, AND WE HAVE DR.
UH, THOMAS ORBI FROM, UH, TEXAS A AND M UNIVERSITY.
ON THIS PANEL, WE ARE ACTUALLY, UH, TRYING TO FINALIZE A COUPLE MORE PEOPLE FOR THIS PARTICULAR PANEL.
ONE FROM ISO, MOST LIKELY SOUTHWEST POWER POOL, AND ANOTHER ONE FROM ANOTHER UTILITY.
SO I THINK THAT THAT WILL BE, UH, INTERESTING DISCUSSION ON THE FUTURE OF PLANNING IN THIS PARTICULAR PANEL.
MOVING ON, THE LAST PANEL FOR THE DAY IS ABOUT TECHNOLOGY.
THESE DAYS WE CAN'T ESCAPE ANY CONVERSATION WITHOUT TALKING ABOUT, YOU KNOW, AI ML TECHNOLOGY.
SO THIS PARTICULAR PANEL, WE TALK ABOUT THE BREAKTHROUGHS THAT ARE HAPPENING IN THE TECHNOLOGY SPACE AND HOW WE NEED TO WORK VERY CLOSELY WITH ALL THE VENDORS IN THIS SPACE.
SO IT'S ALL VENDOR PANEL AJA, MAN, WHO'S ACTUALLY IN THE ROOM HERE TODAY.
UH, HE'LL BE LEADING THE, THIS PANEL WITH THE JING FROM AWS.
WE HAVE D FROM MICROSOFT, WE HAVE ESH FROM GE INNOVATION, AND WE HAVE RAVI FROM SIEMENS.
AND, UH, FINALLY I WILL, UH, PROVIDE THE CLOSING COMMENTS AND WE WILL WRAP UP THE, UH, THE SUMMIT.
SO SIX PANELS EACH OF 50 MINUTES.
AND, UH, THE KEYNOTE IS, UH, WHAT WE ARE, UH, AIMING FOR WITH THIS, UH, INNOVATION SUMMIT.
ANY QUESTIONS ON THE AGENDA? I'M GONNA POINT OUT THE OBVIOUS.
YOU HAVE THREE KAISO PANELISTS ON SIX PANELS.
IS THERE A REASON WHY KAISO IS SO OVERREPRESENTED? KAISO COMES VERY CLOSELY TO THE KINDS OF CHALLENGES THAT WE ARE GOING THROUGH IN TEXAS AND SOME OF THE CHALLENGES THAT HAVE ACTUALLY WORKED WORKING ON SOME SOLUTIONS.
SO IT, IT MAKES, YOU KNOW, UH, UH, IT IS A RATIONALE THAT WE GET MORE PEOPLE FROM KAISO.
YEAH, LOOKS LIKE A GREAT AGENDA.
UM, AND JUST WANTED TO HIGHLIGHT THIS IN MY LAST SLIDE, UH, HERE WE SENT COUPLE OF MARKET NOTICES, UH, REGARDING THE SUMMIT, UH, ONE ON FE EIGHTH AND ONE ON APRIL ONE.
WE HAD A NEWS RELEASE THAT WENT OUT A FEW WEEKS AGO ON THE SUMMIT.
WE DID SOME SOCIAL MEDIA ANNOUNCEMENT, UH, ON THE SUMMIT AS WELL.
AND I TALKED ABOUT THE LIVE STREAMING OPTION THAT WE PRESENTED.
THERE IS ALSO NEWS RELEASE THAT'S GONNA GO OUT THIS WEEK, UH, ANNOUNCING THE PANELISTS FOR THE SUMMIT AS WELL AS THE KEYNOTE SPEAKER.
AND, UH, WE'VE BEEN KEEPING OUR RECORD EMPLOYEES IN THE LOOP AS WELL.
UH, THERE WERE A BUNCH OF INTERNET ARTICLES THAT WE POSTED, UH, FOR THE EMPLOYEES TO KNOW WHAT, WHAT'S HAPPENING WITH THE SUMMIT.
SO LOT OF, LOT OF COMMUNICATION HAPPENING ON THE, ON THE SUMMIT.
I ASSUME WE ARE PRIORITIZING, UM, NON ERCOT, UM, ATTENDEES OVER ERCOT ATTENDEES.
WE'RE ASKING ERCOT ATTENDEES TO ATTEND VIRTUALLY.
ANY OTHER QUESTIONS, REBECCA? SUPER.
[6. Other Business]
LAST TOPIC IS OTHER BUSINESS AND JP P'S GONNA COME BACK UP.UM, JP AND I HAVE TALKED ABOUT THIS AND UM, I'D LIKE TO THROW IT OUT TO MEMBERS OF THE COMMITTEE FOR THEIR INPUT, BUT I THINK AT THIS POINT IT WOULD BE APPROPRIATE TO START A SERIES OF DEEPER DIVES INTO SOME OF THE TECHNOLOGIES, IN FACT THAT VENKAT HAS JUST TALKED ABOUT THAT ARE GOING TO BE RELEVANT TO, UH, THE GRID HERE IN TEXAS IN THE, IN THE NEXT FIVE, FIVE-ISH KIND OF YEARS.
UM, AND, AND SO I'D BE INTERESTED IN WHAT THE MEMBERS OF THE COMMITTEE THINK THOSE TOPICS WOULD BE.
WE'VE, WE'VE HEARD ABOUT GRID FORMING INVERTERS, AND I KNOW THAT'S ONE ON, ON JULIE'S MIND AND, AND MINE, UM, HIGH VOLTAGE TRANSMISSION IS ANOTHER ONE THAT I'M VERY INTERESTED IN, UM, FOR I THINK OBVIOUS REASONS, BUT, BUT WHAT ELSE DO PEOPLE WANT US AND, AND AI ML IN TERMS OF, YOU KNOW, HOW HOW YOU ACTUALLY RUN THE GRID IS ANOTHER AREA THAT, THAT I'M PERSONALLY VERY INTERESTED IN.
BUT WHAT OTHER TOPICS WOULD PEOPLE LIKE THIS? AND, AND WHEN I SAY A DEEP DIVE, WHAT I'M IMAGINING IS THAT WE WOULD BRING IN A SUBJECT MATTER EXPERT PROBABLY FROM, FROM HERE.
UH, OBVIOUSLY VENKAT WOULD BE THE, THE FACILITATOR OF THAT, AND WE'D SPEND MAYBE 20 OR 30 MINUTES IN A PUBLIC SESSION UNDERSTANDING THE TECHNOLOGY, WHAT IT DOES AND WHAT THE IMPACT ON THE ERCOT GRID MIGHT BE AND WHEN, MM-HMM,
WELL, I WANNA APPRECIATE THE SUMMIT AND THOSE FIVE CATEGORIES WE COULD JUST MAP INTO OUR CALENDAR.
WE COULD, BECAUSE I THINK THAT'S A PERFECT SEGUE FROM THE INNOVATION SUMMIT INTO THIS COMMITTEE.
THAT'S ANOTHER WAY OF DOING IT, FOR SURE.
AND THE SECOND THING I'D LIKE IS TO THINK ABOUT IS IEEE OR ANY STANDARDS BODY THAT HAS STANDARDS IN THE PIPELINE TO SHOW US THAT ROADMAP AND THEN HOW WE
[00:55:01]
APPLY THOSE STANDARDS TO TEXAS BECAUSE THE, WE CAN SEE THINGS COMING MAYBE TWO, THREE YEARS IN ADVANCE.AND SO THAT'S ANOTHER WAY TO GET AN INDICATION OF OUR ROADMAP.
YEAH, 2,800 BEING A CASE IN POINT.
SO THERE'S A TOPIC THAT'S NEAR AND DEAR TO MY HEART.
ARE WE REALIZING THE BENEFIT OF SYNCHRO PHASES ON EVENTS? WE ARE, YEAH.
SO I, I DON'T WANT TO GET CAUGHT INTO THE DETAIL, BUT IT WOULD BE NICE TO JUST HAVE ONE OF THESE TECHNICAL SUMMARIES, THE ADDRESS, HOW THAT, HOW WE'RE REALIZING THE ADVANTAGE OF THAT.
ANY OTHER SUGGESTIONS TOPICS? I THINK THAT WILL PROBABLY, BY THE TIME WE GET THROUGH THE FIRST ROUND OF THAT, I'M SURE WE WILL HAVE ANOTHER, ANOTHER ROUND OF THINGS THAT WE WANNA REVISIT.
SO THAT SOUNDS LIKE A GOOD START AT THIS POINT.
UH, JP UNLESS YOU HAVE ANY OTHER SUGGESTIONS FROM YOUR CALENDAR, UM, I'M GOING TO DECLARE THE GENERAL SESSION TO BE CLOSED AND WE'LL GO INTO
[Convene Executive Session]
EXECUTIVE SESSION AFTER A SHORT BREAK IN WHICH WE WILL DISCONNECT THE AUDIO AND VIDEO AND, UM, RECONVENE IN MAYBE 10 MINUTES, IF THAT'S OKAY WITH MEMBERS.I THINK WE'VE GOT ENOUGH TIME.