[00:00:03]
THIS IS SUSIE CLIFTON WITH ERCOT.
WE'RE GONNA GO AHEAD AND GET STARTED WITH OUR APRIL 23RD TAC MEETING.
JUST A FEW MEETING REMINDERS VERY QUICKLY.
UM, IF YOU'RE IN THE MEETING ROOM, YOU CAN ENTER YOURSELF INTO THE QUEUE, OR IF YOU HOLD UP YOUR CARD, BRITTANY'S OVER HERE IN THE RIGHT HAND CORNER, AND SHE WILL ENTER YOU IN THE QUEUE.
OBVIOUSLY, IF YOU'RE ON THE WEBEX, YOU WILL NEED TO ENTER YOURSELF.
WE'RE USING A MANAGED QUEUE, SO PLEASE WAIT FOR THE CHAIR TO RECOGNIZE YOU AS WE GO TO THE BALLOTING PROCESS AND APPROACH YOUR SEGMENT.
IF YOU'RE A SEATED REPRESENTATIVE ON THE WEBEX, PLEASE UNMUTE YOURSELF AS WE GET TO YOUR SEGMENT.
AND THEN AFTER YOU'VE CAST YOUR VOTE, RETURN TO THE MUTE FUNCTION.
THAT'LL HELP US BE A LITTLE MORE EFFICIENT WITH THE BALLOTING PROCESS.
ALSO, WE ASK THAT ALL OF YOU HERE TODAY, UH, WHETHER STAKEHOLDERS OR ERCOT STAFF, PUC, PLEASE MAKE SURE YOU SIGN IN OUTSIDE, UH, THE DOOR KI THE MEETING ROOM.
AND THEN FINALLY, IF THERE IS ANY ISSUES WITH THE WEBEX AND THE MEETING ENDS, GIVE US JUST A FEW MINUTES.
YOU SHOULD BE ABLE TO RESTART WITH THE SAME MEET MEETING DETAILS, OR WE WILL GO AHEAD AND SEND SOMETHING TO THE TAC LIST SERVE.
AND WITH THAT, CAITLYN, UH, WE'RE READY TO START WHEN YOU ARE, AND WE DO HAVE A QUORUM.
[1. Antitrust Admonition]
MORNING.WE HAVE THE ANTITRUST ADMONITION ON THE SCREEN.
TO AVOID RAISING CONCERNS ABOUT ANTITRUST LIABILITY.
PARTICIPANTS IN ERCOT ACTIVITIES SHOULD REFRAIN FROM PROPOSING ANY ACTION OR MEASURE THAT WOULD EXCEED OR COS AUTHORITY UNDER FEDERAL OR STATE LAW.
AND THERE'S MORE INFORMATION ON THE WEBSITE.
WE HAVE A LOT OF PEOPLE IN THE ROOM.
EVERYONE SEEMS TO BE VERY VIBRANT AND HAPPY.
UM, WE HAVE COOKIES WITH THE LOAD FORECAST ON THEM, WHICH I THINK IS SUPER COOL.
AND, UH, WE HAVE RICHARD S IN THE ROOM TOO.
SO I'LL, SINCE I MENTIONED THAT, I'LL LET HIM START WITH THE THEME.
AND THEN WE WILL GET TO, UH, PROXIES AND ALT REPS.
THE, UH, LAST MONTH, THE, THE NO ACRONYMS. THAT WAS MY IDEA.
IT WAS A TOTAL FAILURE, FAILURE, TOTAL FAILURE.
SO HOPEFULLY YOU LISTEN TO SOMEBODY MUCH SMARTER THAN ME.
UH, YOU KNOW, ONE OF THE FEW POINTS OF AGREEMENT BETWEEN SPP AND ERCOT WAS, THAT WAS A ROTTEN THEME,
THERE WAS SOMEBODY ON THE, ON THE OTHER SIDE OF THE RED RIVER THAT, UH, THAT THOUGHT IT WAS A GOOD IDEA TOO.
BUT THE THEME THIS MONTH, UH, IS, UH, NONSENSICAL WORDS.
UH, I THROW THINGS LIKE TUMP IN THAT, UH, WHICH IS A GREAT WORD, BUT IT'S NOT A WORD.
UM, SO LET'S TRY NOT TO GET ALL WHOMPER JAWED WITH THE AGENDA.
UM, AND, UH, YOU KNOW, TRY TO INCORPORATE YOUR, YOUR FAVORITE NONSENSICAL WORD.
SO WE ALL KNOW BOB WILL BE TRYING TO OUTDO EVERYONE.
SO I DIDN'T DO SO WELL AT THAT AT MOPSY.
SO,
UM, SO, UH, TODAY FOR PROXIES AND ALT REPS IN THE CONSUMER SEGMENT, UM, THE INDUSTRIAL CONSUMER, GARRETT KENT HAS GIVEN HIS PROXY TO ERIC SCHUBERT IN THE COOPERATIVE SEGMENT.
JOHN PACKARD HAS ALT REP LUCAS TURNER AT 11:30 AM BOTH FROM STACK IN THE IOU SEGMENTS.
UM, KEITH NICKS FROM TNMP HAS ALT REP ROB BEVEL.
UM, DAVID MERCADO FROM CENTER POINT HAS ALT REP JIM LEE, AND IN THE MUNICIPAL SEGMENT, RUSSELL FRANKLIN FROM GARLAND POWER AND LIGHT HAS ALT REP CURTIS CAMPO.
ALRIGHT, SO I THINK WE CAN GET MOVING.
UM, THE FIRST AGENDA ITEM IS TO APPROVE THE
[2. Approval of TAC Meeting Minutes (Vote)]
MARCH 26TH MEETING MINUTES.I BELIEVE NED, WHO IS OUR MOST DILIGENT TECH MEMBER WHO GETS THE LEAST AMOUNT OF SLEEP, UM, HAD SOME EDITS.
DO YOU, NED OR SUSIE, DO YOU WANNA GO THROUGH THOSE? SURE.
UH, IT WAS TWO SIMPLE CHANGES.
UH, IT WAS PRIMARILY ON, UH, NPR 1269.
IT WAS JUST TO CORRECT THE, THE, UM, THE A SDC DISCUSSION.
UH, IT HAD REFERENCED THAT THERE WAS A PRICE AND A $15 PRICE FLOOR FOR THE, UH, FOR THE ANCILLARY SERVICES, WHEREAS THE DISCUSSION HAD TO DO WITH THE INCLUSION OF THE, UH, THE FLOOR AND THE AS DEMAND CURVE ITSELF, NOT NECESSARILY FOR THE, THE CLEARING PRICE.
SO I WAS JUST TRYING TO CORRECT THAT.
[00:05:01]
DIDN'T, DIDN'T WANT THE NOTES TO COME AWAY.UH, ALL CADDY WAMPUS, IF YOU WILL, RICHARD.
AND THEN I THINK A LITTLE BIT LATER, I WAS JUST SKIMMING THROUGH AND I HAD, UH, NOTICED THAT THEY WERE MISSING A, UH, AG G'S LAST NAME.
SO THAT'S THE REAL HARD HITTING ONE.
THANK YOU FOR YOUR HELP WITH THOSE EDIT NOW.
SO WOULD THAT BE, UM, APPROVAL OF MEETING MINUTES AS REVISED? REVISED BY TAC.
ANY OBJECTIONS TO PUTTING THAT ON THE COMBO BALLOT? ALL RIGHT, LET'S MOVE RIGHT ALONG.
UM, WE ARE ON TO OUR MEETING UPDATES
[3. Meeting Updates]
WHERE WE GO OVER THE BOARD AND PUC MEETINGS.THE ERCOT BOARD MET ON APRIL 7TH AND EIGHTH.
THEY RECOMMENDED APPROVAL OF ALL OF THE REVISION REQUESTS.
WE SENT THEM FROM TAC AT THE BOARD.
THERE IS ONE OPPOSING VOTE FROM OPEC ON BOTH NPRR 1190 AND NPRR 1269.
THESE REVISION REQUESTS ARE SLATED FOR, UH, PUC CONSIDERATION ON FIVE 15 ECHOEY.
DOES SOMEBODY HAVE THAT WAS ME TRYING TO, OH, BRIAN SAMS, ARE YOU GONNA ABSTAIN ON THE COMBO BALLOT ALSO? OKAY.
I THINK WE HAVE RESOLVED THAT.
[4. Review of Revision Request Summary/ERCOT Market Impact]
REVISION CUSTOMER RAISE OR CUT MARKET IMPACT STATEMENTS AND OPINIONS.I'LL TURN IT OVER TO ANN AND THEN JEFF, I THINK.
UM, SO WE HAVE THREE REVISION REQUESTS, UM, UP FOR ATTACK CONSIDERATION.
NO, YOUR 2 64 IS GONNA REMAIN TABLED, BUT OF THE THREE, UM, THEY ARE ALL GENERAL SYSTEM AND PROCESS IMPROVEMENTS.
1229 HAS AN IMPACT OF 100 K TO 200 K AS WELL AS A CR EIGHT 30.
UM, CFSG HAS REVIEWED ALL OF THEM AND DO NOT, UM, THEY DON'T HAVE ANY CREDIT IMPLICATIONS.
AND THEN FOR ERCOT OPINIONS, ERCOT HAS NO OPINION ON NPR 1229.
UM, THIS ONE IS A COST ALLOCATION ISSUE, AND THEY ARE IN SUPPORT OF 1271 AND EIGHT 30.
AND THEN FOR THE IMM, THEY HAVE NO OPINIONS ON THE REVISION REQUESTS.
I DON'T THINK YOU NEED TO END ANYTHING UNLESS YOU'D LIKE TO, JEFF.
I THINK WE CAN GO AHEAD TO THE
[5. PRS Report (Vote)]
PRS REPORT.AND YOU'RE SITTING, WHICH IS AWESOME, DIANA, I THINK LET'S TAKE THE SLIDE WITH THE REVISION REQUESTS AND DO THE REVISION REQUEST DISCUSSION, INCLUDING 1229 AND THEN AFTERWARDS DO THE STRATEGIC OBJECTIVES.
ERIC SCHUBERT, I CAN WAIT UNTIL, UH, I WAS GONNA COMMENT ON NPRR 1229, BUT I CAN WAIT UNTIL AFTER THE SLIDE'S OVER.
YEAH, LET'S DO THIS SLIDE AND LET'S TRY TO SEE IF WE CAN PUT THE TWO UNOPPOSED ON THE COMBO BALLOT AND THEN 1229.
AND THEN AFTER THAT, LET'S DO STRATEGIC OBJECTIVES.
DIANA COLEMAN WITH CPS ENERGY FOR HERE FOR THE APRIL PRS REPORT.
THE TWO ITEMS THAT WE HAVE THAT WERE UNOPPOSED WITH, UH, NO, OR THE ONE THAT'S UNOPPOSED WITH NO IMPACT IS 1271.
ON MARCH 12TH, PRS VOTED UNANIMOUSLY TO RECOMMEND APPROVAL AS SUBMITTED.
AND THEN ON APRIL 9TH, WE VOTED UNANIMOUSLY TO ENDORSE AND FORWARD TO ATTACK THE MARCH 12TH PRS REPORT AND THE JANUARY 28TH IMPACT ANALYSIS.
AND THEN SYSTEM CHANGE REQUEST EIGHT 30 IN ON JANUARY 15TH, WE VOTED UNANIMOUSLY TO RECOMMEND APPROVAL AS SUBMITTED ON MARCH 9TH.
PRS VOTED UNANIMOUSLY TO ENDORSE AND FORWARD TO TAG WITH THE FEBRUARY 12TH PRS REPORT AND THE APRIL 8TH IA THAT WE SEE THERE ON THE SCREEN WITH THE PRIORITY AND RANK THAT WE ASSIGNED FOR THAT CHANGE.
UM, SO I THINK WE ARE, NO, WE HAVE NOT, BRIAN, IT'S FROM THE OTHER SIDE OF THE ROOM.
UM, SO WE, DAVID KEY, IT WAS YOUR OWN COMPANY MEMBER WHO IS PRESENTING.
UM, SO WE ARE LOOKING TO SEE IF WE CAN RECOMMEND APPROVAL OF 1271 IS RECOMMENDED BY PRS IN THE FOUR NINE PRS REPORT.
AND A CR EIGHT 30 IS RECOMMENDED BY PRS IN THE
[00:10:01]
FOUR NINE PRS REPORT.ANYBODY OBJECT TO PUTTING THOSE TWO ON THE COMBO BALLOT? ALL RIGHT, LET'S DO THAT, COREY.
DID YOU WANT TO ADD ANYTHING ELSE THERE, DIANA? OR 1229, EXCUSE ME.
SO, FOR 1229 ON MARCH 12TH, PRS VOTED TO RECOMMEND APPROVAL AS AMENDED BY THE MARCH 6TH WMS COMMENTS THAT WERE REVISED BY PRS.
THERE WERE THREE OPPOSING VOTES IN ONE ABSTENTION ON THAT VOTE ON MARCH, OR EXCUSE ME, ON APRIL 9TH, WE VOTED TO ENDORSE AND FORWARD TO ATTACK THE MARCH 12TH PRS REPORT.
THAT WAS AMENDED BY THE MARCH 20TH ERCOT COMMENTS AND THE APRIL 8TH IA THAT SHOWS ON THE SCREEN WITH THE COST AND THE PRIORITY AND RANK.
THERE WERE TWO OPPOSING VOTES AND ONE ABSTENTION ON THAT, UH, APRIL VOTE.
SO LET'S GO AHEAD AND TAKE COMMENTS HERE.
UH, ERIC SCHUBERT, UM, FOR, UH, LYB, UH, I'D LIKE TO COMMENT ON NPR 12 90 12 29.
UH, AS WAS SAID, IN IN PRS BY, UH, ONE OF MY INDUSTRIAL COLLEAGUES, UH, WE OPPOSE THIS PARTICULAR NPRR.
WE FEEL THAT IT IS COST SHIFTING.
UH, AS WE'VE SAID BEFORE, IN SIMILAR NPRS LIKE 1190.
IT'S CONTRARY TO THE NODAL MARKET RULE THAT THE COMMISSION HAS, UH, ADOPT ADOPTED YEARS AGO, BECAUSE THE WHOLE POINT IS THAT MARTY'S ARE SUPPOSED TO DEAL WITH THE DIRECT ASSIGNMENT OF CONGESTION COSTS.
SO IN OTHER WORDS, YOU'RE SUPPOSED TO HAVE A BACKSTOP IN CASE SOMETHING COMES UP, A LINE TRIPS, A GENERATOR, TRIPS AND SO FORTH.
AND THE CONTRACTING AROUND SUCH ISSUES BRINGS VALUE TO RESOURCES ON CONTINGENCY, WHICH HELPS BOTH RESOURCE ADEQUACY AND ALSO REAL-TIME RELIABILITY.
SO IT SEEMS TO US THAT THIS IS A PROBLEMATIC NPR, AND IT CONTINUES DOWN THE PATH OF SOCIALIZING COSTS THAT SHOULD BE DIRECTLY ASSIGNED THAT LEADS TO GOOD MARKET OUTCOMES.
ANY OTHER QUESTIONS OR COMMENTS HERE? JOHN, GO AHEAD.
YES, I, I'D JUST LIKE TO SPEAK IN SUPPORT OF 1229.
I THINK THE, WHILE THERE IS SOME COSTS ASSOCIATED WITH THE NPRR, I THINK ITS SCOPE HAS BEEN NARROWED, UH, SIGNIFICANTLY SINCE IT WAS ORIGINALLY PROPOSED.
AND I THINK IT'S REALLY A MATTER OF, UM, OF EQUITY AND FAIRNESS.
UM, AS, YOU KNOW, AS AN ENTITY THAT HAS BOTH, UH, LOAD AND UH, RESOURCES, WE ARE SENSITIVE TO THE COSTS THAT ARE, YOU KNOW, INCURRED BY, BY ANY NPRR.
BUT I THINK IN THIS CASE, YOU KNOW, IT'S, UH, WHERE IT, UH, RESOURCES POTENTIALLY IMPACTED BY, YOU KNOW, A CONSTRAINT ACTION, UH, TAKEN BY OR CUT AND THEIR NEGATIVE, UH, YOU KNOW, NEGATIVE OUTCOMES ASSOCIATED WITH THAT, THAT I THINK THE RESOURCE, IT, IT'S ONLY FAIR THAT AT LEAST PART OF THE COST COULD BE RECOVERED THROUGH, YOU KNOW, THROUGH THIS MECHANISM.
SO I, I DON'T SEE IT AS COST SHIFTING.
I, I THINK THAT THIS, UM, YOU KNOW, THIS IS A ACTION THAT'S TAKEN TO PRESERVE, UH, YOU KNOW, GRID RELIABILITY AND STABILITY POTENTIALLY AT THE EXPENSE OF AN INDIVIDUAL RESOURCE.
AND, YOU KNOW, IF THERE'S A, A DIRECT NEGATIVE CONSEQUENCE TO THAT, WE BELIEVE THAT IT'S ONLY EQUITABLE, THAT THAT RESOURCE COULD AT LEAST RECOVER SOME PORTION OF, OF THE IMPACT.
AND AGAIN, THERE, THERE'S PLENTY OF OVERSIGHT ON, YOU KNOW, WHAT THOSE COSTS ARE, UH, YOU KNOW, THAT ARE ULTIMATELY SUBMITTED.
UM, THERE'S TRIGGERS FOR REVIEW OF, OF THE PROCESS.
SO I THINK IT'S A WELL CONTROLLED, UH, PROCESS THAT THERE'S, YOU KNOW, LIKE, UH, MECHANISMS, YOU KNOW, ALREADY IN PLACE IN THE MARKET, UH, FOR KIND OF SIMILAR EVENTS.
I SEE ERIC IN THE QUEUE, I THINK TO RESPOND, GO AHEAD, ERIC.
UH, WE DON'T FEEL IT'S EQUITABLE BECAUSE THERE ARE, WHAT YOU'RE SAYING IS THERE'S CERTAIN ACTIONS THAT ERCOT TAKES THAT MARKET PARTICIPANTS BY MARKET DESIGN HAVE TO COVER.
AND WE HAVE, AS PART OF OUR, PART OF OUR, UH, CONTRACTING CONTINGENT TO DEAL WITH, WITH, AND OTHERS IN OUR INDUSTRIES DO AS WELL.
[00:15:01]
I THINK THAT THESE ARE PARTIES, UH, WHO ARE BENEFITING FROM THIS COST SHIFTING.AND IT IS COST SHIFTING, UH, BEEN IN THE MARKET FOR DECADES AND THEY SHOULD HAVE BY NOW HAD CONTINGENCY PLANS.
AND THEY DO HAVE MULTIPLE, MULTIPLE RESOURCES TO BE ABLE TO DEAL WITH THIS KIND OF SITUATION.
AND WHAT I'M SEEING HERE IS THAT WE'RE GRADUALLY EXPANDING OF THIS TYPE OF, THIS TYPE OF COST SHIFTING.
AND IT'S EVENTUALLY DOES TWO THINGS.
IT ADDS COST TO THOSE PEOPLE WHO ARE DEALING WITH THOSE CONTINGENCIES AND IS UNDERMINING LONG-TERM RELIABILITY IN THE SENSE THAT THEY'RE LEANING ON SOMEONE ELSE TO PAY FOR, UH, A CONTINGENCY THAT THEY SHOULD BE COVERING.
AND BY COVERING THAT CONTINGENCY, THEY ARE INCREASING RELIABILITY BECAUSE THEY'RE PROVIDING REVENUE TO, AGAIN, REVENUE, TO THOSE RESOURCES TO SERVE AS BACKUP IN CASE SOMETHING HAPPENS.
SO I JUST HAVE TO RESPECTFULLY, UH, DISAGREE WITH STACK ON THIS.
UH, WE SUPPORT NPR 1229 AND WHERE IT LANDED.
YOU KNOW, WHEN A RESOURCE IS INSTRUCTED TO OPERATE IN A RISKY CONDITION, UH, TO BENEFIT THE GRID RELIABLY AND IS SUBSEQUENTLY TRIPPED OFFLINE, UH, WE BELIEVE IT IS REASONABLE TO COVER THE COST OF THE TRIP.
WE EXPECT THIS TO BE EXTREMELY RARE.
THERE'S GONNA BE LOTS OF RIGOR IN APPROVING A DISPUTE.
IF THIS WERE TO COME UP, UH, AT PRS, WE PUSHED THE IMPLEMENTATION, SYSTEMATIC IMPLEMENTATION OF THIS TO THE END OF THE LINE TO AVOID, UH, THE COST, UH, OF A POTENTIALLY RARE SITUATION.
UM, SO I THINK IT WOULD BE REASONABLE TO MOVE FORWARD WITH, UH, WHERE PRS LANDED.
UH, I DON'T ANTICIPATE THIS BEING A COMBO BALLOT ITEM, SO WOULD BE WILLING TO MAKE THE MOTION TO, UH, APPROVE THE PRS REPORT.
I DON'T SUSPECT IT'S A COMBO BALLOT EITHER.
IS THAT YOU MAKING THE MOTION
OFFICIALLY MAKING THE MOTION FOR PRS REPORT AND RELATED IA.
SO THE MOTION IS TO RECOMMEND APPROVAL OF, UH, NPR 1229 AS RECOMMENDED BY PRS AND THE FOUR NINE PRS REPORT.
DO WE HAVE A SECOND ON THAT? SECOND FROM DAVID KEY.
ANY OTHER QUESTIONS OR COMMENTS ON NPR 1229 BEFORE WE VOTE? I RIGHT.
I THINK YOU CAN TAKE IT AWAY, COREY.
ON THE MOTION TO RECOMMEND APPROVAL OF 1229, WE WILL START WITH THE CONSUMERS WITH ERIC GOFF.
AND THEN ERIC FOR GARRETT? NO, SIR.
ONTO OUR INDEPENDENT GENERATORS.
THANK YOU, REMI? YES, THANK YOU.
IAN? NO, IAN, HAILEY, ANDRA IRES.
THANK YOU, JIM FOR DAVID? YES, THANK YOU, ROB.
AND CURTIS FOR RUSSELL? YES, THANK YOU.
EIGHT OPPOSED? ONE ABSTENTION.
ANY OTHER QUESTIONS OR COMMENTS ON APPEAR? 1229.
DIANA, DO YOU WANT TO MOVE TO THE PR STRATEGIC OBJECTIVES? SURE.
WE WERE FOLLOWING SUIT WITH THE REVISED FORMAT FROM, UH, THE GOALS TO THE OBJECTIVES, BUT NOTHING SUBSTANTIVELY HAS CHANGED.
[00:20:01]
JUST FOLLOWED SUIT WITH THE NEW FORMATTING, AND WE HAVE THOSE FOR YOU ALL TO VOTE ON FOR TODAY.ANY QUESTIONS OR COMMENTS HERE? OR CAN WE PUT THIS ON THE COMBO BALLOT? LET'S PUT IT ON THE COMBO BALLOT.
[6. Update on NPRR1275, Expansion of Qualifying Pipeline Definition for Firm Fuel Supply Service in Phase 3]
TO A, UH, SPECIAL UPDATE.UM, SO WE ARE GOING TO NOT TAKE UP, BUT WE'LL DISCUSS 1275.
IT'S EXPANSION OF QUALIFYING PIPELINE DEFINITION FOR FIRM FUEL SERVICE IN PHASE THREE.
UM, THIS IS NOT ACTUALLY IN FRONT OF TAC YET AS A VOTING ITEM, BUT YOU KNOW, TO ANSWER CHAGRIN, WE'RE INCREASINGLY A RAISE RAISING AWARENESS AHEAD OF TIME.
UM, SO I I WE'RE ON A COMPRESSED TIMELINE, I BELIEVE IF, IF WE WOULD WANT THIS TO GO THROUGH AHEAD OF THIS WINTER.
SO WE WANTED TO RAISE IT TO THE LEVEL OF T UM, UH, PRS DID RECOMMEND APPROVAL OF THIS, THAT THE LANGUAGE VOTE ON IN MARCH PRS.
THERE WAS ONE OPPOSING VOTE FROM THE INDEPENDENT GENERATOR SEGMENT AT THE APRIL PRS.
UM, IT WAS BACK FOR THE IMPACT ANALYSIS VOTE, AND PRS DID TABLE IT, AND I BELIEVE WE, WE WILL REFER THE ISSUE TO WMS. UM, THERE WERE SOME IMM COMMENTS THAT WERE DISCUSSED AT THE SAME MEETING.
AND THEN SEPARATELY, I BELIEVE THE PUC IS SET TO CONSIDER THIS ISSUE IN, UH, DOCKET, UH, 5 6, 0 0 0.
AND SO WE JUST WANTED TO GIVE THIS QUICK PRESENTATION, UM, THAT, THAT VISTRA HAD VOLUNTEERED AND THEN KIND OF RAISE AWARENESS.
EVERYBODY WATCH THE OPEN MEETING TOMORROW.
EVERYBODY GO TO, UH, BLAKE'S PRS MEETING IN TWO WEEKS.
AND, UM, THEN WE CAN COME BACK AND DISCUSS IF AND WHEN THIS PRR COMES TO US.
YEAH, WELL, WITH THAT INTRODUCTION, THANK YOU FOR GIVING ME THE OPPORTUNITY TO PRESENT TODAY.
I KNOW IT WAS A SPECIAL REQUEST, SO I APPRECIATE YOU ACCOMMODATING ME.
BUT IN LIGHT OF THE COMMISSION OPEN MEETING TOMORROW, IT SEEMED APPROPRIATE TO LAY OUT A FEW OF THE KEY POINTS REGARDING THE FARM FUEL PROGRAM.
AND SO, YEAH, COREY, LET'S START WITH THE OBJECTIVE.
SO AS STATED IN PURA AND SEVERAL OF THE COMMISSION MEMOS LEADING UP TO THE IMPLEMENTATION OF THE PROGRAM, THE OBJECTIVE IS TO MITIGATE THE EFFECT OF FUEL SUPPLY DISRUPTIONS ON POWER GENERATION DURING THE WINTER AND IMPROVE ELECTRIC SECTOR RESILIENCY TO NATURAL GAS SUPPLY SHOCKS DURING EXTREME CONDITIONS THROUGH REDUNDANT SUPPLY SECURITY.
UM, AND THEN ONE THING TO CALL OUT HERE, IT'S, IT'S HIGHLIGHTED THERE, BUT NOTHING REQUIRES ONSITE FUEL STORAGE, DUAL FUEL CAPABILITY AND FUEL SUPPLY ARRANGEMENTS UNDER A SINGLE PROCUREMENT FRAMEWORK OR QUANTITY FOR A SINGLE RELIABILITY SERVICE.
ONLY THAT THE COMMISSION AND ERCOT INCLUDE THESE QUALITIES IN CONSIDERATION OF ANCILLARY SERVICE AND REV RELIABILITY SERVICE QUALIFICATIONS.
UM, AND THEN ALSO THE IMM SUGGESTED, UM, IN A MEMO IN 2022, THAT THE OBJECTIVE SHOULD BE LINKED TO THE ABILITY TO OPERATE FOR AT LEAST 72 HOURS DURING A DISRUPTION OF THE BULK, UM, NATURAL GAS SYSTEM.
I'LL, I'LL SAY IT'S NOW PRACTICED TO HAVE AT LEAST SEVEN DAYS OF FUEL OIL INVENTORY AND STORAGE.
UM, SO WITH THAT, THE QUESTION KIND OF BECOMES HOW DO WE ACHIEVE THE OBJECTIVE? THANKS, COREY.
SO COMMISSIONERS DISCUSSED TWO DIFFERENT OPTIONS.
UM, ONE WAS A, A CALL OPTION ON FUEL INVENTORY RESILIENT TO NATURAL GAS SUPPLY SHOCKS, AND THEN A CAPACITY ACCREDITED PORTFOLIO STANDARD, WHICH WOULD'VE HAD BROADER ELIGIBILITY TO OTHER TYPES OF RESOURCES.
SO ERCOT OPERATIONS HAS RELIED ON FUEL OIL AND CONTROLLED GAS STORAGE SINCE THE INCEPTION OF THE PROGRAM, FOLLOWING 2022 TO SUPPORT RESILIENCY AGAINST DISRUPTIONS OF THE BULK NATURAL GAS DELIVERY SYSTEM.
SO THE OBJECTIVE SHOULD CONTINUE TO BE TO CREATE FUEL DIVERSITY THAT DOES NOT SHARE CORRELATED DISRUPTION RISK WITH THE REST OF THE MARKET.
SO NOW WE COME TO 1275, WHICH RE RAISES THIS QUESTION OF WHETHER CONTROLLED AND CONTRACTUAL FUEL STORAGE CAN BE INCLUDED IN THE PROGRAM AND WHETHER THEY'RE EQUIVALENT PRODUCTS.
AND IF YOU TAKE A LOOK ON THE RIGHT, YOU SEE THE TWO OPTIONS THAT WERE THERE, AND, UM, YOU CAN SEE THAT THE FIRM FUEL PATH TAKEN FOCUS MORE ON FUEL INVENTORY TO ACHIEVE THAT RESILIENCY OBJECTIVE.
[00:25:01]
IMMS COMMENTS AND GAINING SOME MORE CLARITY, IT, IT SEEMS APPROPRIATE TO MOVE AWAY FROM COUCHING CONTROLLED AND CONTRACTUAL STORAGE AS MORE OR LESS RELIABLE.UM, INSTEAD IT'S ABOUT LOOKING AT THE DIFFERING VALUE PROPOSITIONS, WHICH IS DONE ON THE NEXT SLIDE.
SO WHAT PROVIDES THE, THE HIGHEST VALUE IS A PRODUCT THAT PROVIDES THE MOST RESILIENCE TO DISRUPTIONS OF THE BULK NATURAL GAS SYSTEM DURING TIMES OF SCARCITY.
AND THERE'S EXPERIENCE WITH FUEL OIL RESOURCES PROVIDING ONSITE STORAGE, WHICH CAN BE RESTOCKED BY BORROWING FROM EXCESS INVENTORY OR PROCURING NEW INVENTORY DELIVERIES TO PREPARED FOR THE NEXT EVENT.
THANK YOU TO ERCOT STAFF FOR PUTTING OUT THAT NPRR THAT WAS SUCCESSFULLY PASSED.
AND SO THIS HAS BEEN SHOWN TO BE SUFFICIENT TO RESPOND TO WATCHES THROUGHOUT THE CONTRACT PERIOD, BUT UNDER THE NPRS CONTEMPLATED EXPANSION TO CONTRACTUAL NATURAL GAS STORAGE, WE DO NOT SEE AS CLEARLY, UM, THE REDUCED RELIANCE ON THE BULK NATURAL GAS DELIVERY SYSTEM DURING TIMES OF SHORTAGE.
AND WE MAY STILL FACE RISKS OF INSUFFICIENT PRESSURE ON THE GAS SYSTEM.
SO THE QUESTION IS, WHERE DOES THIS LEAVE US FOR NOW? IT LEAVES US THAT, YOU KNOW, WHILE THE, WHILE THE PROGRAM COULD BE EXPANDED, THE DIFFERENCE IN THE RELATIVE COSTS, RISKS AND EFFECTIVENESS AT MEETING THE OBJECTIVES SHOULD BE CONSIDERED, UM, SUPPORTING CONTRACTUAL NATURAL GAS STORAGE THROUGH A SEPARATE PRODUCT OR PRODUCTS MAY ALSO BE APPROPRIATE.
AND WE MAY GET A PATH FORWARD AT TOMORROW'S OPEN MEETING.
UM, SO THE DISCUSSION TOMORROW, YOU KNOW, THE, THE COMMISSIONERS COULD CHOOSE TO WAIT TO IMPLEMENT THE NEW DEFINITION OF QUALIFIED NATURAL GAS, UM, UNTIL THE NEXT CONTRACT SEASON, WHICH WOULD EFFECTIVELY GRAY BOX THE LANGUAGE IN NPR 1275.
AND WE'RE ALREADY SLATED, AS KAITLYN SAID, TO DISCUSS AT WMS IN A COUPLE WEEKS TO TALK THROUGH SOME CONCEPTS TO BE CONSIDERED AND INCLUDED FOR THE NEXT SEASON.
SO, WE'LL, WE'LL HAVE SOME THOUGHTS TO, UH, PRE PRESENT THERE AS WELL.
WE WANTED TO BRING THIS TO EVERYONE'S, UM, ATTENTION THIS MORNING GIVEN, UM, TOMORROW'S OPEN MEETING.
UM, I MIGHT HAVE SOME THOUGHTS MYSELF, BUT LET, LET'S GO TO THE QUEUE AND THEN IF COMMISSION STAFF WOULD LIKE TO SPEAK AT ANY POINT, UM, I I'LL LEAVE THAT UP TO, TO THEM AS WELL.
I, I THINK WE ALL READ THE MEMO AS WELL.
DO YOU WANT TO NO, THERE'S QUESTIONS.
SO THE, UM, GOAL, UH, OF, OF THIS PROCESS WAS TO FIGURE OUT HOW TO ACCOUNT FOR WHAT HAPPENED IN WINTER STORM URI, WHICH WAS, THERE WAS DISRUPTIONS TO THE FUEL SUPPLY SYSTEM.
UM, THERE HAD BEEN, UH, HISTORIC, UH, CAPABILITIES THAT NO LONGER EXISTED.
UM, AND IN ORDER TO TRY TO ADDRESS THE EXPERIENCES THAT WE HAD WITH FUEL SUPPLY, UM, THE LEGISLATURE FOUND IT APPROPRIATE TO DIRECTLY PAY FOR, UH, A FIRM FUEL SERVICE IN ORDER TO DEAL WITH THAT.
UM, TO THE EXTENT THAT, UM, AND EVALUATION, UM, OF A QUALIFIED NATURAL GAS FINDS THAT IT IS, UM, SUFFICIENTLY RELIABLE TO MEET THAT OBJECTIVE, UM, AND IT'S MORE COST EFFECTIVE, GREAT.
UM, HAVING A SEPARATE PRODUCT, UM, JUST POTENTIALLY INCREASES THE COST OF THAT COMPLIANCE, UM, AND, AND THAT ADDITIONAL RESILIENCY.
BUT IF DURING THE PROCUREMENT PROCESS OR CAT BELIEVES THAT THE PURCHASING SUFFICIENT RELIABILITY, UM, FOR A LOWER COST, THAT'S A GOOD THING.
THERE'S NOT NECESSARILY, AS I, AS FAR AS I CAN TELL, A PARTICULAR, UM, BENEFIT TO, UM, PAYING MORE FOR THIS SERVICE TO HA TO, IN ORDER TO ACHIEVE A PARTICULAR OUTCOME AND, AND INTERVENE TO, TO BUY A PARTICULAR PRODUCT.
UM, WE SHOULD TRY TO DO THIS FOR THE, THE LEAST COST, UM, THAT ACHIEVES THE RELIABILITY GOAL.
AND NOW WE ARE GOING TO ERIC SCHUBERT.
I'D LIKE TO FOLLOW UP IN A, IN BROAD AGREEMENT WITH, WITH ERIC'S COMMENTS.
AND I WOULD ADD AS WELL IS THAT I THINK IT'S IMPORTANT NOT TO SET, HAVE SEPARATE PRODUCTS.
IT'S IMPORTANT TO HAVE A SINGLE STANDARD, AND THERE SHOULD BE WAYS
[00:30:02]
IN THE SYSTEM TO BE ABLE TO GET, UH, QUALIFIED RESOURCES THAT HAVE OFFSITE FUEL.UH, THERE ARE SUCH THINGS AS FIRM, FIRM SERVICE ON NATURAL GAS WHERE IT'S, UH, IT'S, WHICH IS AN INCREASED, UH, AVAILABILITY IN THAT SITUATION.
ERCOT CAN MAKE THE DECISION ON WHAT STANDARDS THAT IT HAS, AND THEN IT NEEDS TO HAVE A, HAVE A SINGLE CLEARING PRICE FOR A SINGLE PRODUCT WITH THAT.
SO IF THERE ARE SOME OFFSITE PROPOSAL THAT DON'T MEET THAT STANDARD, THEN OBVIOUSLY THEY DON'T QUALIFY.
BUT WE NEED TO HAVE A SINGLE CLEARING PRICE AND A SINGLE PRODUCT TO MAKE SURE THAT WE HAVE THE STANDARD AND ALSO THAT WE, UH, DO IT AT THE, AT THE MOST FAIR AND EFFICIENT COST.
UH, VIGOROUSLY SUPPORT, UH, COMMENTS FOR A SINGLE CLEARING PRICE? UH, I THINK, UM, SPLIT BID STACK FOR THIS IS, IS DANGEROUS FOR HOW ALL OF OUR OTHER ANCILLARY SERVICES AND ALL OF OUR ENERGY PRODUCTS ARE CLEARED IN THIS MARKET.
UH, AND SO, UH, UPSETTING THAT IS SOMETHING THAT I, I DON'T SUPPORT.
UM, IF GOING THROUGH THIS PROCESS WE DECIDE THAT THERE IS, UM, THERE'S A DIFFERENT RISK AND THEN POTENTIALLY IT COULD BE TWO DIFFERENT PRODUCTS, BUT ACTUALLY THERE'S NOT GONNA BE SURPRISING TO ANYBODY.
BUT I, I THINK, UH, STORAGE PLUS FIRM, UH, TRANSPORT IS SUPERIOR.
UM, IT'S GOT A GREAT TRACK RECORD AND, UH, I LOOK FORWARD TO THAT DISCUSSION.
BLAKE, BLAKE HOL FOR L-C-R-A-I, I THINK THAT THERE'S SOME WISDOM IN, IN TAKING A PAUSE TO MAKE SURE WE'RE ADEQUATELY, UH, LOOKING AT THE RISK, UH, WITH EXPANSION.
UH, SO FROM THE LCRA POINT OF VIEW, I, I THINK THAT'S A, UH, A WISE PATH TO TAKE.
UH, SPEAKING FOR WMS, UH, MY UNDERSTANDING OF THE ACTION ITEM THAT WE GOT FROM PRS WAS TO, UH, GATHER A LIST OF ISSUES THAT MIGHT HELP INFORM COMMISSION STAFF ON, UH, BETTER DECISION MAKING THERE.
IF, IF WE PLAY IT OUT THAT, UH, THE COMMISSION TAKES OPTION TWO TOMORROW, IT SOUNDS LIKE THERE WILL BE A RULEMAKING SUBSEQUENT QUESTIONS THAT COULD HELP INFORM THE SAME LIST OF ISSUES AND CONCERNS.
UH, SO JUST OPENING UP TO THE GROUP, IF, IF THE PATH DOES GO THAT WAY, WOULD IT BE, UH, MORE WISE TO TAKE A PAUSE ON THAT DISCUSSION AT WMS AND LET THE RULEMAKING COMMENT PROCESS PLAY OUT? UH, JUST WANT TO CHECK THE PULSE WITH EVERYONE IN THE ROOM, IF THAT SEEMS LIKE THE BEST PATH.
GETTING HEAD NODS? I THINK SO.
UM, YOU KNOW, I, I THINK WE WILL DEFER TO THE COMMISSION OF COURSE.
AND SO I, I THINK THAT IF THEY GO THE RULEMAKING ROUTE, I, I WOULD ASSUME THAT WE PAUSE THIS NPR INDEFINITELY OR, OR EVEN WITHDRAW IT AND COME BACK WITH, WITH A NEW ONE AFTER THE RULE MAKING.
BUT THAT'S JUST SORT OF MY, MY INCLINATION.
YOU KNOW, I, I DON'T THINK I WOULD PREDETERMINE THE OUTCOME, BUT, BUT THAT'S, YES, WHAT I WOULD THINK WE WOULD DO AS, AS STAKEHOLDERS.
ALRIGHT, I'LL CLOSE THAT LOOP AT WMS IF, IF THAT'S THE CASE.
YEAH, A LOT OF THE POINT OF THIS EXERCISE IS TO IMPROVE THE COMPETITIVENESS OF THE PRODUCT.
I BELIEVE IT HAS CLEARED AT THE ADMINISTRATIVELY SET OFFER CAP THAT THE IMM HAS ESTABLISHED EVERY TIME IT'S BEEN PROCURED.
UH, SO I THINK THAT'S, THAT'S ONE OF THE POINTS OF THIS EXPANSION.
UM, ALSO, I THINK THERE'S, THERE, THERE IS DEFINITELY SOME ADVANTAGES TO HAVING DIVERSIFIED FUEL RESILIENCY.
I DEFINITELY UNDERSTAND RA'S PERSPECTIVE.
THERE'S STILL SOME LINGERING PTSD FROM YURI AND SOME TRUST ISSUES.
I UNDERSTAND WHY THAT IS THE CASE.
UH, BUT THERE HAVE BEEN SOME, UH, SIGNIFICANT IMPROVEMENTS MADE ON BOTH THE GAS SYSTEM AND OUR SIDE OF THE HOUSE, UH, CREATING INCENTIVES TO EXPAND NATURAL GAS STORAGE BENEFITS.
UM, AND SO WE LOOK FORWARD TO HEARING THE DISCUSSION AT THE OPEN MEETING, UH, TOMORROW FROM THE COMMISSIONERS AND THEIR GUIDANCE, UM, ON, ON THIS PARTICULAR SUBJECT.
UM, WE THINK IT'S A GOOD, GOOD IMPROVEMENT AND WHETHER WE DO IT SOONER RATHER THAN LATER, UM, WE'RE INDIFFERENT TO THAT, BUT WE DO THINK IT, IT NEEDS TO BE IMPLEMENTED AT SOME POINT.
[00:35:01]
UH, DAVID KEY WITH CPS APPRECIATE THE DISCUSSION.WE'RE, UH, VERY MUCH FOLLOWING THIS.
WE HAD, UM, SOME EXPERIENCE LIKE EVERYBODY ELSE DURING THE WINTER STORM AND WE'VE, UH, AS PART OF OUR PORTFOLIO, WE DO HAVE STORED FUEL OIL, UM, IN ADDITION TO OUR NATURAL GAS, UH, STORAGE.
AND SO THAT PROVED TO BE VERY USEFUL.
UM, IT'S NOT NECESSARILY SOMETHING THAT IS, UH, CAN BE FULLY REFLECTED IN, IN THE MARKET, AND THAT'S SOMETHING THAT WE WANT TO MAKE SURE THAT PEOPLE ARE CONSIDERING IS THERE'S A LOT OF VALUE TO FUEL DIVERSITY.
UM, HAVING DIFFERENT, UH, SOURCES OF SUPPLY IS PRETTY IMPORTANT.
AND AS WE LOOK AT THE OVERALL PROGRAM, UH, WE JUST WANNA MAKE SURE THAT WE'RE NOT LOSING SOME RELIABILITY FOR THE SAKE OF COSTS.
UM, WE DO THINK THAT WE SHOULD BE SUPPORTING, UM, SPENDING THE RIGHT AMOUNT OF MONEY FOR, UH, THE RIGHT LEVEL OF RELIABILITY.
SO DO AGREE ON THE POINTS THAT WE NEED TO BE FOCUSED ON, UH, RELIABILITY HERE.
BUT ALSO THERE IS, UM, POTENTIALLY SOME INTANGIBLES AS FAR AS, YOU KNOW, STORED FUEL OIL THAT WE BELIEVE SHOULD BE REFLECTED SOMEHOW ON THE PROGRAM THAT SHOULD BE CONSIDERED.
UM, MATT, UH, MATT ARTHUR FOR ERCOT.
UH, WE APPRECIATE THE CONVERSATION AND ARE KEEN TO HEAR MORE FROM STAKEHOLDERS ABOUT, UM, THE POTENTIAL OPTIONS FOR EXPANDING FIRM FUEL SUPPLY SERVICE.
UM, DID JUST WANT TO, UH, SAY THAT WE DO SUPPORT COMMISSION STAFF'S MEMORANDUM AND WOULD, UM, SUPPORT TABLING, UH, NPRR 1275 IF, UH, UH, UNDER OPTION TWO IF THE COMMISSION, UM, UH, SO DESIRES TO TAKE ON ADDITIONAL INFORMATION BEFORE MAKING THAT DECISION.
SO THE PLAN WOULD BE TO KIND OF INDEFINITELY TABLE WHILE, WHILE COMMISSION RULEMAKING HAPPENS? YES.
I THINK, UH, WE HAD ORIGINALLY MENTIONED, UH, POTENTIALLY APPROVING WITH THE GRAY BOX, BUT UH, AFTER DISCUSSING FURTHER, I THINK TABLING PROBABLY MAKES THE MOST SENSE, UM, TO AVOID THE NEED TO POTENTIALLY HAVE TO GO AND CHANGE THAT LATER.
I JUST WANTED TO SAY I AGREE WITH, UH, WITH KATIE
UH, I DID WANT TO UNDERSCORE, UM, YOU KNOW, WE, WE DO SEE THAT THERE IS VALUE AND, AND, AND, UH, IN OFFSITE GAS STORAGE AND TRANSPORTATION.
UM, AND WE THINK THAT THERE COULD BE MORE IN THE MARKET TO SUPPORT THAT.
UM, HOWEVER, THE POINT THAT WE WERE TRYING TO REALLY MAKE HERE IS IT'S SOLVING TWO COMPLETELY DIFFERENT, UH, TWO COMPLETELY DIFFERENT ISSUES.
ONE IS, IS, YOU KNOW, THE LESSON FROM YURI IS DON'T RELY ON A SYSTEM, TWO SYSTEMS THAT ARE STRESSED AT THE SAME TIME.
YOU WANNA HAVE SOME RESILIENCY TO THAT.
AND WE'RE NOT CONVINCED THAT THE OFFSITE GAS EXPANSION AND FIRM FUEL ACHIEVES THAT OBJECTIVE.
AND SO, UH, JUST WANTED TO UNDERSCORE THAT IT'S NOT, IT'S NOT NECESSARILY THAT, YOU KNOW, ONE HAS VALUE AND THE OTHER DOESN'T, IT'S JUST THAT THEY ARE DIFFERENT ANIMALS, UH, MORE OR LESS.
OKAY, THAT'S THE END OF THE QUEUE.
DO WE HAVE ANY MORE QUESTIONS OR COMMENTS? OKAY.
SO WE WILL LISTEN TO THE MEETING, GO TO WMS, UM, YOU KNOW, IF, IF THIS IS GONNA BE TAKEN UP BY THE COMMISSION IN THE RULEMAKING, WE WILL PAUSE THIS LIKELY, UM, AND THEN GO FROM THERE.
[7. Revision Requests Tabled at TAC (Possible Vote)]
UH, REVISION REQUEST TABLED AT TAC PREVIOUSLY NORE 2 64, UH, CAN STAY TABLED WHILE WE WAIT FOR NPR 1235.[8. RMS Report]
ONTO THE RMS REPORT WITH DEBBIE.THIS IS GONNA BE SHORT AND SWEET.
JUST A QUICK UPDATE FROM OUR A UH, FROM OUR, UH, APRIL 1ST MEETING, UH, WE UNANIMOUSLY APPROVED OTHER BINDING DOCUMENTS, UH, REVISION REQUEST 0 54.
THIS IS T DSPS PRE-PRODUCTION VERIFICATION TESTING.
CURRENTLY THE TEXAS MARKET TEST PLAN, WHICH IS A BINDING DOCUMENT, IT DOESN'T INCLUDE REQUIREMENTS FOR MARKET PARTICIPANTS TO COMPLETE ANY PRE-PRODUCTION TESTING IF THEY QUALIFY IN A PAST FLIGHT.
NOW, UM, THAT WOULD INCLUDE TEXAS SET TRANSACTIONS, THE CURRENT VERSION, AND THE NAS EEDM VERSION 1.6, WHICH IS OUR ENCRYPTION THAT WE HAVE ON OUR SERVERS.
AND THE REASON THIS IS IMPORTANT IS BECAUSE BOTH ENCORE AND CENTERPOINT WERE CONTACTED BY A RETAIL ELECTRIC PROVIDER THAT TESTED,
[00:40:01]
I WANNA SAY LIKE MAYBE 15 OR 16 YEARS AGO.ONE WAS, UH, ANOTHER ONE WAS 12 YEARS.
AND I WAS, I MANAGE, I'M THE BUSINESS, UM, CONTACT THE PRIMARY BUSINESS CONTACT FOR TESTING AND I COULD NOT FIND THE RETAIL ELECTRIC PROVIDER ANYWHERE.
IT WASN'T IN FLIGHT TRACK 'CAUSE FLIGHT TRACK'S ONLY FOUR YEARS OLD.
UM, WE DID NOT HAVE THEM IN PRODUCTION.
IT WASN'T LIKE WE COULD HAVE MISSED SOMETHING.
HOWEVER, I DID HAVE THE ERCOT LETTER, WHICH INDICATES THAT THEY CAN ENTER PRODUCTION.
UM, FOR THAT REASON IN PARTICULAR, UM, WE DID ASK THE RETAIL ELECTRIC PROVIDER IF YOU CHANGED ANYTHING BECAUSE WE HAVE CHANGED SOME THINGS.
HOWEVER, I THINK EVERY SYSTEM AND BANK, UH, ACCOUNT HAD BEEN CHANGED.
SO EVERYTHING, UM, WAS FAILING.
SO WE REALLY NEED THIS, UM, APPROVED AND WE REALLY WANT TO SEE WHAT WE CAN DO, UM, TO ENHANCE FURTHER TESTING FOR THE RETAIL MARKET.
UM, PARTICIPANTS IN PARTICULAR, UH, THE TEXAS MARKET TEST PLAN IS GONNA GO THROUGH A REVISION PROCESS LED BY TEXAS SET.
THE TESTING IS UNDER TEXAS SET, AND, UM, SO THERE WILL BE OTHER CHANGES FORTHCOMING.
THE OTHER, UM, ITEM THAT WE, UH, UNANIMOUSLY APPROVED WAS A TEXAS SET CHANGE CONTROL TO ADD, UM, A TRANSACTION NUMBER AND CODE OF INADVERTENT GAIN AND CUSTOMER RESCISSION TO THE 8 14 0 6 LOST TRANSACTION NOTIFICATION.
AND THAT WOULD LET THE RETAILER KNOW, UM, WHAT'S GOING ON, WHY THEY'RE LOSING THAT.
AND, UM, THOSE TWO CODES ARE REALLY IMPORTANT.
HOWEVER, WE ARE WORKING WITHOUT THOSE RIGHT NOW.
SO THAT'S PRETTY MUCH A NICE ENHANCEMENT.
ONE ITEM THAT RMS APPROVED WITH ONE ABSTENTION WAS A TEXAS SET CHANGE CONTROL CLARIFICATION OF FRIDAY DISCONNECT FOR NON-PAYMENTS.
AND THIS IS A POINT TO POINT TRANSACTION BETWEEN THE RETAIL ELECTRIC PROVIDER AND THE TDSP, AND IT'S JUST AFFECTING THE 6 50 0 1 TRANSACTION, WHICH IS A REQUEST FOR US TO PERFORM A SERVICE ORDER, UM, REQUEST.
AND THERE WAS AN RMS VOTING MEMBER THAT JUST REALLY WANTED MORE INFORMATION TO UNDERSTAND AND BE ABLE TO AGREE TO THE CHANGE.
AND, UM, THE CONVERSATIONS HAD PREVIOUSLY TAKEN PLACE AT TEXAS SET AND, UM, WE, THE PERSON WAS VERY AGREEABLE TO US MOVING FORWARD AND NOT REMANDING THIS BACK TO TEXAS SET.
THE, UM, ANOTHER PRESENTATION WE HAD WAS THE IMPLEMENTATION OF PUR SECTION 39.1 68.
UM, LUCY CONSIDINE WITH THE PUC BROUGHT THIS FORWARD TO RMS AND IT WAS PRETTY MUCH JUST HIGH LEVEL WHAT'S GOING ON WITH THIS.
UM, AND YOU CAN SEE THEY'RE LOOKING INTO THE RETAIL SALES REPORT AND, UM, THERE ARE SEVERAL ITEMS THAT NEED TO BE EXPLORED.
UM, THE PRESENTATION CAN BE FOUND ON THE APRIL 1ST RMS MEETING PAGE.
THE LINK IS BELOW IF YOU WANT TO SEE THE ENTIRE PRESENTATION, WHICH INCLUDES, UM, REQUEST FOR FEEDBACK, PLEASE, UM, PULL THAT PRESENTATION AND, UM, PARTICIPATE AS YOU FEEL NEEDED.
THESE ARE SOME PRIMARY ACTIVITIES GOING ON WITH OUR WORKING GROUP AND TASK FORCE.
AS YOU KNOW, UH, RMS ONLY HAS FOUR, THREE WORKING GROUPS AND ONE TASK FORCE.
UM, UNDER OUR DIRECTION, THE PROFILING WORKING GROUP, THEY ARE FACILITATING THE AV PROCESSES FOR 2025.
I'VE MENTIONED THIS BEFORE, BUT SINCE WE DID NOT HAVE ANUM PROFILING IN 2024, WE ARE TACKLING BOTH, UH, BUSINESS AND RESIDENTIAL THIS YEAR.
AND, UH, USUALLY RESIDENTIAL IS ONLY DONE EVERY THREE YEARS.
UH, IN ADDITION, THERE HAS BEEN SOME DECISION ON WHETHER OR NOT ANY VALIDATION IN THE CURRENT USE OF PROFILES, WHAT IS THE TRUE VALUE.
ARE THOSE STILL IMPORTANT AS THEY USED TO BE? UM, COULD WE CUT DOWN ON SOME WORK SOMEWHERE AND EXPENSE? SO THAT'S GOING ON THE, UM, RETAIL MARKET TRAINING TASK FORCE.
WE HAVE REALLY BEEN WORKING HARD.
WE'VE GOT OUR RETAIL 1 0 1 INSTRUCTOR LED TRAINING.
PLEASE KEEP IN MIND THAT ALL OF THESE HAVE BEEN UPDATED TO BE COMPLIANT WITH TEXAS 5.0 AND, UM, THE MARKET TRACK SCR EIGHT 17 AND THERE WERE SOME OTHER RETAIL MARKET GUIDE CHANGE REQUESTS THAT WENT IN TO ACCOMMODATE BOTH OF THOSE.
UM, WE HAVE TEXAS SET INSTRUCTOR LED TRAINING FOR 5.0 AND WE'RE HAVING AN IN PERSON ONLY APRIL 30TH IN HOUSTON.
IT'S HOSTED BY CENTER POINT AND THE UPCOMING CLASS PAST APRIL IS ON JUNE 25TH, IT'LL BE IN IRVING.
AND THAT CLASS IS OPEN FOR REGISTRATION.
[00:45:01]
IF ANYBODY'S INTERESTED, THEY NEED TO MOVE FORWARD AND SIGN UP BECAUSE THE MAXIMUM ABLE TO ATTEND IS 50.THAT MEETING IS HOSTED BY RA, THE, UM, TEXAS SET TRANSACTION GROUP.
THEY ARE LOOKING INTO THE GAPS WITH TESTING AND THE CURRENT TEXAS SET VERSION 5.0.
WHAT HAPPENED IN THAT VERSION, IN THAT FLIGHT? I'M SORRY, IN THAT FLIGHT WHEN WE WERE TESTING FOR 5.0, IT INVOLVED ALL OF THE EXISTING REGIONAL MARKET PARTICIPANTS AND THE NEW ONES, UM, THAT WERE COMING IN WITH THAT FLIGHT.
THEY ARE MOVING FORWARD WITH CHANGE CONTROLS, TWO OF WHICH WE JUST DISCUSSED, AND THE TESTING SCRIPTS.
AND WE'RE LOOKING AT THE TIMELINE CHANGES FOR FLIGHT TESTING.
IS THERE SOMETHING WE COULD COMPRESS, UM, OR IS THERE SOMETHING THAT NEEDS TO BE A LITTLE BIT MORE, UM, EXPANDED ON THE, ON THE, UH, DEADLINES, THINGS LIKE THAT.
AND UM, AS I JUST MENTIONED THAT WE'RE GONNA BE LOOKING INTO THE REVISIONS OF THE TEXAS MARKET TEST PLAN, WHICH WILL BE COMING FORWARD SINCE THAT'S ANOTHER BINDING DOCUMENT.
THE TEXAS DATA TRANSPORT MARKET TRACK SYSTEM.
THIS IS THE GROUP THAT MANAGES THE, UM, METRICS FOR INADVERTENT GAMES.
UM, WE LOOK AT WHICH REPS HAVE, UH, I GUESS A HIGH NUMBER OF INADVERTENT GAMES, ENCOURAGE OR CUT CLIENT SERVICES TO NOTIFY 'EM AND WORK WITH THEM TO SEE IF THERE'S ANYTHING THEY CAN BRING DOWN OR, UM, A PROCESS THAT MIGHT BE ABLE TO BE IMPLEMENTED ON THEIR SIDE TO LESSEN THIS, SUCH AS MAYBE ADDRESSING THEIR, UH, TRANSACTIONS AND THESE FAILURES IN HOUSE.
UM, MAYBE MORE QUICKLY, THERE ARE NOT ANY REP NAMES, BUT IF YOU'VE SEEN THE DATA, IT KNOW WHICH OF THOSE, UH, FOR THE NAMES FOR THE NUMBERS ARE ERCOT AND, UM, THE REP CAN CALL ERCOT AND SEE WHICH ONE OF THEM THEY ARE.
WE'RE LOOKING AT THE MARKET TRACK APPLICATION, THE QUARTERLY ERCOT REPORTS.
IT'S VERY IMPORTANT TO KEEP ON TRACK WITH THAT, MAKING SURE THAT WE DON'T HAVE FAILURES, BECAUSE ANYTHING THAT DOESN'T COME ACROSS WITH THE TEXAS SET TRANSACTION SUCCESSFULLY, UM, IS HANDLED THROUGH MARKET TRACK.
AND LASTLY, WE ARE WORKING WITH ERCOT ON THE RETAIL SYSTEM SERVICE LEVEL COMPLIANCE.
AND THAT SERVICE LEVEL AGREEMENT THAT'S A LATE DOCUMENT FOR RETAIL SYSTEM IS POSTED ON ERCOT.COM.
THE, UM, STATUS OF THE RMS STRATEGIC OBJECTIVES.
AT THE LAST MEETING, UM, WE GAVE, WE HAD A CONVERSATION ON WHETHER OR NOT I NEED TO KEEP EXISTING GOALS OR MOVE FORWARD WITH STRATEGIC OBJECTIVES.
AT THIS TIME, THE R-M-T-T-F, THE TEXAS A AND T-D-T-M-S HAVE ALL HAD INPUT TO THIS.
AND THIS IS THE CURRENT DOCUMENT.
UM, PWG WILL MEET ON THE 28TH, AND THEY'RE GOING TO TAKE A LOOK AT THIS, AND THEN RMS WILL BE TAKING IT UP PER VOTE AT OUR MAY 13TH MEETING.
ALL RIGHT, OUR NEXT MEETING IS TUESDAY, MAY 13TH.
WE HAD MOVED IT OUT A BIT TO ACCOMMODATE OR TO LESSEN THE CONFLICT BETWEEN THE ERCOT INNOVATION SUMMIT, WHICH WAS ALSO SCHEDULED ON THE SAME DATE AS RMS. ANY QUESTIONS? ALL RIGHT, THANK YOU.
[9. ROS Report (Vote)]
WITH KATIE RICH, AND WE DO HAVE ONE VOTING, VOTING ITEM.SO YEAH, WE HAVE OUR ROSS STRATEGIC OBJECTIVES.
I WANNA THANK SEVERAL OF THE ROSS MEMBERS WHO VOLUNTEERED TO WORK WITH ME TO TRY TO MAKE THESE REVISIONS.
BUT THEN I DO HAVE TO ADMIT THAT WE HAVE A RED LINE VERSION THAT WE NEED TAC TO APPROVE TODAY.
UM, IF YOU WANNA BRING THOSE UP, IT WAS REALLY JUST, UH, KIND OF CATCHING THE YEAR, UM, SINCE THE GOAL IS TO HAVE STRATEGIC OBJECTIVES THAT CAN STAY IN PLACE FOR MULTIPLE YEARS WITHOUT HAVING TO BE REVIEWED EVERY YEAR.
SO HOPEFULLY YOU GUYS CAN ACCEPT OUR MINOR CHANGES HERE.
AND THEN THAT TAKES US TO SOME OF THE RECENT ROSS ACTIONS.
SO WE HAVE NO GER 2 75, UM, THAT WAS APPROVED AS REVISED BY ROSS, BUT WE'LL STILL NEED AN IA.
UM, 1272, WHICH WE WERE INFORMALLY TAKING UP, HAS NOW FORMALLY BEEN REFERRED.
AND SO PLWG AND VOLTAGE PROFILE WORKING GROUP ARE STILL LOOKING AT THOSE.
UM, AND SO THAT'S BEING LOOKED AT BY PLWG.
AND THEN WE DID APPROVE SOME CHANGES TO
[00:50:01]
THE I-B-R-W-G SCOPE.AND THEN WHAT I NEED YOUR HELP WITH TODAY IS ONE OF OUR OPEN ACTION ITEMS THAT CAME FROM TAC.
UM, IT WAS TALKING ABOUT CALCULATING LOAD SHEDDING IN REAL TIME.
UM, AND THIS WAS SOMETHING THAT WAS ORIGINALLY PUT FORTH BY GOLDEN SPREAD.
UM, AND THEN NOW WE HAVE NPR 1238 THAT HAS NOW, NOW FINISHED, UM, AT ROSS.
AND SO THAT WAS, UM, BASICALLY A REPLACEMENT FOR THIS REAL TIME.
AND SO IF IT IS OKAY WITH TAC, WE'D LIKE TO COUNT THIS AS RESOLVED AT THE ROSS LEVEL.
MARTHA, DO YOU HAVE AN ISSUE WITH THAT? NO, I THINK THAT'S A GOOD SUGGESTION.
UH, LATER IN THE AGENDA IN OTHER BUSINESS, I WOULD RECOMMEND THAT WE DELETE THIS FROM THE TAC ACTION ITEM LIST AS WELL.
AND THEN THE NEXT COUPLE OF SLIDES ARE, AS ALWAYS, WHERE YOU CAN SEE KIND OF WHAT'S ONGOING AT ROSS AND, AND WHERE IT'S ASSIGNED.
IF IT'S SOMETHING OF INTEREST TO YOU, YOU KNOW WHERE TO PLUG IN.
AND THEN OUR NEXT MEETING WILL BE NEXT THURSDAY.
IT WILL BE IN PERSON AND VIA WEBEX.
THAT'S WHAT I GOT FOR YOU IN CASE, UNLESS THERE ARE ANY QUESTIONS, IT'S CLAYTON.
CAN I ASK ONE? I CALLED ON YOU.
CAN YOU GIVE US A NONSENSICAL WORD FIRST? UH, NO, I WAS, UH, YEAH, THERE'S A, OUR THEME OF THE MONTH IS NONSENSICAL WORDS.
CAN YOU DO A NONSENSICAL WORD BEFORE YOU ASK YOUR QUESTION? WHAT? LIKE, SUPER OR, OR OBSEQUIOUS? HOW ABOUT OBSEQUIOUS? IS THAT, UH, YOU KNOW, GOOD, GOOD ENOUGH FOR YOU? UM, ON, UM, IT WAS GREAT THE, UH, LOAD THE LOAD SHED.
UM, HOW, HOW ARE WE GONNA RESOLVE THAT? OR, OR HOW QUICKLY, I GUESS WOULD BE MORE, MORE IMPORTANTLY, HOW QUICKLY ARE WE GONNA RESOLVE THAT? SO, SO CLAYTON, THE, THE WAY WE ARE RESOLVING IT IS THROUGH NPR 1238.
SO HOW QUICKLY WE'RE GONNA RESOLVE THAT, I THINK THAT, YOU KNOW, IT GOES BACK TO, IT SAID PRS FOR, UM, IA, UM, AND THERE'S THIS OUTSTANDING QUESTION OF WHETHER IT CONFLICTS WITH, UH, SENATE BILL SIX OR NOT.
UH, OH, WELL, I MEAN, SENATE BILL SIX IS SITTING IN THE HOUSE NOT MOVING.
SO I THINK IT'S, WE'RE NOT, YOU KNOW, I GET THAT SOMETHING IS GONNA COME OUT THAT SENATE BILL SIX, BUT IT MAY NOT BE WHAT WE THINK IT'S GONNA BE.
UM, SO CAN WE, UH, I JUST WANT TO MAKE SURE THAT WE DON'T HOLD UP STUFF.
YOU KNOW, I THINK THIS MAY HOLD UP SOME INTERCONNECTIONS THAT NEED TO MOVE FORWARD.
I KNOW THAT WE NEED TO DO THINGS RIGHT, AND I THINK THAT WHAT WAS PROPOSED IS, IS MAYBE THE RIGHT APPROACH.
SO I GUESS I WOULD BE WONDERING WHY STOP SOMETHING THAT LOOKS GOOD, UM, AND, AND MAYBE LET THIS MOVE FORWARD, BUT, UM, I DON'T EVEN HAVE A VOTE ANYMORE.
SO AT PRS, YOU COULD, ANY THOUGHTS ON THAT OR? YEAH, I CAN'T AT PRS, I JUST CAN'T BE ON THAT, BUT YEAH, I MEAN, I WOULD VOTE TO MOVE IT FORWARD, BUT IF I'M THE ONLY ONE, UM, SO CAN WE GET, UH, I MEAN, WE'RE NOT WAITING UNTIL SESSION ENDS BEFORE WE MOVE THIS FORWARD, OR ARE WE WAITING? SO WE'RE GONNA WAIT FOR SESSION TO END.
UH, THAT'S KIND OF WHAT I'M WANTING TO KNOW IS WHAT IS THE TIMELINE HERE? OKAY.
UM, WAITING FOR SESSION TO END, SEE WHAT HAPPENS.
AND THEN YEAH, CLAYTON, LET'S LET MARTHA WEIGH IN ON THIS AND THEN LET'S TALK ABOUT HOW TO FIGURE IT OUT.
SO LET'S GO TO MARTHA AND THEN GO TO BOB.
CALIN, UH, CLAYTON, THE, THIS NPR IS NOT HERE AT TAC TODAY.
IT'S STILL TABLED AT PRS, SO I THINK THERE'LL BE SOME DISCUSSION THERE ABOUT WHETHER IT SHOULD MOVE FORWARD OR BE TABLED AT ERCO T'S REQUEST.
SO I WOULD RECOMMEND YOU TUNE INTO THAT DISCUSSION IN A COUPLE WEEKS.
THERE'LL THAT, IF YOU HAVE STRONG OPINIONS ABOUT IT, I'LL, I, I APPARENTLY DO.
LET'S GO TO, I THINK BOB HAD A COMMENT, BUT I DON'T THINK WE GOT HIM IN THE QUEUE.
UM, HANG ON, KEN, DONNA, WHO YOU DON'T HAVE A REAL COMMENT, RIGHT? LET'S SKIP KEN.
LET'S GO TO BOB AND THEN ERIC STEWART.
YEAH, CLAYTON, UM, LIKE I SAID, 1238 IS STILL AT PRS.
[00:55:02]
UM, I'M TALKING WITH ERCOT.I MAY BE FILING COMMENTS, UM, ON 1238 THAT ERCOT REALLY WON'T LIKE, SO I'M HOPING WE CAN GET THAT WORKED OUT AHEAD OF TIME.
SO THIS OPEN ACTION ITEM BEING RESOLVED IS CONTINGENT UPON APPROVAL OF 1238.
WELL, SO, UH, I THINK THAT IT WAS A ROSS ITEM AND ROSS'S WORK, ROSS'S WORK HAS BEEN COMPLETED HANDED OFF 1238.
SO THE WAY IT'S REFLECTED ON THE TAC ACTION ITEMS IS THAT IT WAS AN ASSIGNMENT TO ROSS.
SO THAT'S WHAT I WOULD RECOMMEND WE CAN WITH ROSS'S APPROVAL.
SO SINCE ROSS HAS APPROVED THAT, BUT WE HAVE NOT TOTALLY APPROVED IT, WE'D LIKE TO CROSS IT OFF AS A ROSS ACTION ITEM, AN ATTACK ACTION ITEM SINCE WE ASSIGNED IT.
IS EVERYBODY OKAY WITH THAT? I, I DON'T FEEL STRONGLY EITHER WAY.
I THINK WE COULD KEEP IT ON THERE FOR SCHUBERT.
LET'S GO TO FIRST ERIC SCHUBERT AND THEN ERIC GOFF.
WAIT, AND THEN I SEE, I THINK, I DON'T KNOW IF WE GOT MIKE WISE.
LET'S, SO LET'S, ARE YOU ASKING ME? YEAH, YEAH.
I DON'T THINK WE GOT YOU IN THE QUEUE YET.
UM, LET'S, LET'S DO THE ERICS AND THEN YOU, SO ERIC SCHUBERT, PLEASE.
I, I THINK ERIC SCHUBERT'S HAVING SOME CONNECTION ISSUES, SO, OKAY.
YEAH, I, I'VE JUST GOING BACK ON, BUT I'VE BEEN A LITTLE INTERMITTENT TODAY.
UM, I'M FINE WITH DISCUSSING THIS, BUT MY, I AM LOATHED TO TRY TO ADOPT ANYTHING THAT THE LEGISLATURE'S DISCOVERING IS, IS CONSIDERING RIGHT NOW, I SHOULD WANT THEM TO FEEL HORNSWOGGLED ABOUT WHAT WE'RE DOING HERE.
UH, SO I THINK IT'S IMPORTANT TO KEEP IN MIND THAT THEY ARE ESSENTIALLY AT THE END OF THE DAY IN CHARGE OF THIS WHOLE MARKET.
AND SO I DON'T WANT TO RUSH SOMETHING THAT THEY MAY DISAGREE WITH AT THIS POINT, GIVEN THE FACT WE'RE THEY'RE GOING TO FIGURE IT OUT IN THE NEXT MONTH TO SIX WEEKS.
I THINK THAT'S, THAT'S NOT TOO LONG TO ASK PEOPLE TO WAIT TO MAKE SURE THAT WE DO THINGS RIGHT AND WHY WITH WHAT THEY'RE LIKELY TO DO.
I, I THINK I WOULD ADVISE, LET'S JUST LEAVE IT ON THE ACTION ITEMS AND WE DON'T HAVE TO BE ACTIVE ON IT, BUT, YOU KNOW, I, I DON'T THINK WE'RE TRYING TO SAY WE'VE RESOLVED THE NPRR OR THAT WE WANT TO RESOLVE IT AHEAD OF LEGISLATIVE ACTIVITY.
I, I THINK WE WERE JUST HOPING TO MOVE IT OFF ACTION ITEMS LIST, BUT I, I DON'T THINK IT NEEDS TO BE SUCH A CONTENTIOUS ITEM.
LET'S, LET'S LEAVE IT ON THE LIST AND THEN TAKE IT OFF WHEN THE NPRR IS APPROVED.
I JUST, FROM THE ROSS PERSPECTIVE, WANTED EVERYONE TO KNOW THAT OUR WORK WAS DONE.
THIS DOES HAVE A LOT OF HISTORY TO IT THAT MAYBE FOLKS DIDN'T APPRECIATE, AND MAYBE I DIDN'T DO A GOOD JOB EXPLAINING.
BUT THERE WAS A PREVIOUS, UM, NOGA THAT WAS OUT THERE THAT TALKED ABOUT THE REALTIME LOAD SHED.
THERE WERE A LOT OF CONCERNS ABOUT THAT.
AND SO 1238 IN OUR MIND WAS THE ANSWER TO THAT BECAUSE IT WAS THE ALTERNATIVE TO THAT.
SO I JUST WANNA MAKE SURE IT'S CLEAR WHAT I WAS TRYING TO ACCOMPLISH.
SO I'M FINE WITH LEAVING IT ON THERE, BUT JUST WANTED FOLKS TO SORT OF MAKE A MENTAL NOTE THAT IN TERMS OF ROSS ACTION ITEMS WE'RE, WE'RE COMPLETE.
I THINK WE WILL KNOW THAT WE'RE NOT EXPECTING YOU TO DO CONTINUAL WORK.
UM, BUT LET'S LEAVE IT TABLED THERE UNTIL THE NPR IS APPROVED.
ERIC GOFF, WAS THAT YOUR COMMENT OR ARE YOU, IF WE'RE GONNA LEAVE IT ON, MY COMMENT IS MOOT.
YEAH, I'M JUST A LITTLE CONCERNED ABOUT THE OBJECTION OF FIABILITY OF, UH, THIS ISSUE AND JUST WANNA MAKE SURE THAT IT DOES MOVE FORWARD.
IT SOUNDS, UH, UH, SOUNDS LIKE OTHERS HAVE, UH, HAVE SEEN THE SAME NEED.
UH, I DON'T HAVE ANY REAL GRAVE CONCERNS TAKING THIS OFF IF WE LEAVE IT ON THE ROS.
UH, FROM GOLDEN SPREADS PERSPECTIVE, THOUGH, UH, THIS DEFINITELY NEEDS TO BE MOVING FORWARD, UH, WAITING UNTIL SB SIX DOES SOMETHING, IF THEY DO ANYTHING, WHICH I'M A LITTLE DOUBTFUL AT THIS POINT ON THIS ISSUE, BUT HOWEVER, IF THEY DO SOMETHING, IT WOULD, UH, IT WOULD HAVE A BEARING ON, ON THIS AS, AS PEOPLE HAVE SAID.
SO AS LONG AS WE'RE MOVING FORWARD AND AT PRS, UH, UH, IT, IT WON'T BE LONG BEFORE WE HAVE SB SIX THROUGH, AND WE WILL KNOW WHETHER OR NOT, UH, WE HAVE ANY ISSUE, UH, AND THEN PRS CAN MOVE FORWARD WITH, UH, MORE DETERMINATION.
AND IF WE NEED TO WAIT A BIT, THAT'S FINE.
EITHER WAY IS GOOD AS LONG AS WE'RE MOVING FORWARD.
I THINK WHAT I'LL SUGGESTS, UH, WE CAN DO THIS LATER UNDER OTHER BUSINESS, IS IF THE PREFERENCE IS TO LEAVE THIS ON THE T ACTION ITEM LIST, I'LL MAYBE SUGGEST SOME
[01:00:01]
SMALL WORDING CHANGES SO THAT IT'S NOT ASSIGNED TO ROSS ANYMORE.BECAUSE TO KATIE'S POINT, THOSE DISCUSSIONS ARE DONE THERE, BUT WE CAN LEAVE IT ON THE TAC ACTION ITEM LIST AND MAYBE JUST ENHANCE THE WORDING OF IT SO THAT IT'S MORE CLEAR THAT IT POINTS TO 1238.
YEAH, I, I, UH, TO THE EXTENT WE'RE TAKING THE REAL TIME IDEA OFF THE TABLE, I DON'T WANT ANY EDITS TO THIS TO HAVE THE ASSUMPTION THAT WE'RE REJECTING THE IDEA OF DOING THAT IF PEOPLE WERE JUST TAKING IT OFF THE ACTION LIST.
AND IF PEOPLE WANNA MAKE THE CASE FOR IT, THEY CAN'T.
UM, THAT WAS THE POINT I WANTED TO MAKE.
I, I THINK THERE'S SOME MERIT TO DISCUSSING THIS.
I UNDERSTAND IT'S COMPLICATED AND IT WOULD BE A VERY THORNY ISSUE, BUT I DON'T WANT US TO POINT TO THIS LATER TO SAY WE DECIDED NOT TO DO THAT.
I I GUESS AT THE SAME TIME THOUGH, THERE, THERE ARE NO ACTIVE DISCUSSIONS I UNDERSTAND OCCURRING ON WHAT YOU'RE DESCRIBING AND, AND I, I AGREE AND I'M HAPPY TO TAKE IT OFF THE LIST FOR THAT REASON.
UH, AND I DECIDED TO SAY IT BASED ON YOUR COMMENTS.
TO THE EXTENT WE REMOVE IT, FINE.
LET'S JUST ACKNOWLEDGE THAT, THAT WHAT'S ON A REJECTION OF THE ISSUE PER SE.
SO LET'S MAYBE COME BACK TO THIS ON THE TAC ACTION ITEM LIST LATER UNDER OTHER BUSINESS AND LET KATIE FINISH HER REPORT.
DID YOU HAVE MORE TERRITORY TO COVER IN YOUR ROSS UPDATE? NOPE, I'M DONE.
JOIN US MAY 1ST IF YOU'RE INTERESTED.
ARE THERE OTHER QUESTIONS FOR KATIE BEFORE WE MOVE ON TO THE NEXT AGENDA ITEM? SO, UH, BEFORE WE TURN HER LOOSE, UH, ARE THERE ANY CONCERNS WITH PUTTING THE 2025 ROSS STRATEGIC OBJECTIVES ON THE COMBO BALLOT TODAY FOR APPROVAL? OKAY.
UH, BLAKE, LOOKS LIKE YOU'RE UP NEXT WITH THE
[10. WMS Report]
WMS UPDATE.UH, HERE TO SPEAK, UH, ABOUT OUR APRIL 2ND MEETING.
WE, WE HAD A FEW ITEMS THAT WE COVERED.
NO VOTING ACTION ITEMS TODAY FOR TAC.
UH, BUT TO START OFF THE LIST, WE HAD OUR SECOND DISCUSSION ON THE A DER PHASE THREE GOVERNING DOCUMENT AND THE NON-CONSENSUS ITEMS WERE DISCUSSED.
UH, SPECIFICALLY THE THIRD PARTY AGGREGATION, UH, ISSUE FOR NCL R UH, VISTRA PRESENTED RED LINES IN A COMPROMISE PROPOSAL, UH, AND GOT SOME INITIAL FEEDBACK.
THEY ALSO HAD AN ADDITIONAL TOUCH POINT AT DSWG ON APRIL 17TH.
UH, IT'S MY UNDERSTANDING SOME CONVERSATIONS ARE, UH, TAKING PLACE OFFLINE TO TRY TO REACH AN AGREEMENT ON RED LINES.
UM, WE EXPECT TO VOTE AT WMS ON MAY 7TH ON A, A GOVERNING DOCUMENT TO MOVE FORWARD TO THIS GROUP.
UM, I DO EXPECT SOME PRESENTATIONS FROM INTERESTED PARTIES, UH, IN REGARDS TO THAT ALTERNATIVE PROPOSAL.
UH, BUT JUST WANTED TO GIVE NOTICE THAT WE WILL EXPECT TO VOTE ON MAY 7TH.
UH, IN TERMS OF SOME ER ERCOT MARKET ACTION ITEMS OR MARKET ITEMS DISCUSSED, WE DISCUSSED, UH, BEHIND THE METER RESOURCES PROVIDING ANCILLARY SERVICE.
UH, WE HAD A QUESTION FROM SHAM SIDIKI ON THIS, UH, ERCOT BROUGHT BACK, UM, I GUESS IT'S THE FIRST TIME I'VE HEARD OF IT IS ERCOT IS, IS PRODUCING A PUN WHITE PAPER.
UH, THEY DIDN'T GIVE US A TIMELINE OF WHEN WE MIGHT SEE THAT, BUT, UH, I THINK THE ANSWERS TO SEAN'S QUESTIONS WILL PLAY OUT IN, IN WHERE THAT DOCUMENT GOES.
WE ALSO HAD A HIGH LEVEL DISCUSSION ON RECENT RUCK ACTIVITY.
UH, WE EXPECT MORE DETAILED ANALYSIS AT THE NEXT WMWG MEETING, WHICH IS MAY 5TH.
AND IN TERMS OF TECH ACTION ITEMS, WE HAD AN ITEM COMPLETED.
WE CAN EITHER ADDRESS THAT NOW OR LATER.
UM, I'M GONNA GO AHEAD AND WAIT TILL LATER TO, TO INTRODUCE THAT.
UH, BUT WE DID ASSIGN SOME NEW ACTION ITEMS TO OUR WORKING GROUPS.
UH, WMWG WILL BE LOOKING AT PRICE CORRECTION METHODOLOGY TO CONFIRM IF WE NEED SOME ADDITIONAL CLARITY THERE.
AND AN ADDITIONAL ITEM FOR WMWG, UH, TO DISCUSS THE M-D-R-P-O-C PROCESS AND GATHER STAKEHOLDER OPINIONS ON POTENTIAL IMPROVEMENTS.
UH, THE NEXT SLIDE ARE THE REMAINING TOPICS THAT, THAT NEED TO BE DISCUSSED, AND I EXPECT SOME, UH, PROGRESS ON MAY, AT LEAST ONE OF THESE, UH, NEXT MEETING.
THAT WOULD BE THE PHASE THREE GOVERNING DOCUMENT, BUT STAY TUNED FOR THAT.
AND OUR NEXT MEETING WILL BE MAY 7TH.
UH, HAPPY TO TAKE ANY QUESTIONS.
OKAY, ANY QUESTIONS FOR BLAKE?
[01:05:02]
ALL RIGHT, THANKS BLAKE.[11. Credit Finance Sub Group (CFSG)]
IS THE, UH, CFSG REPORT.LORETTO, CAN YOU HEAR ME? YES.
ALRIGHT, WE, WE MET ON APRIL 17TH, AND WE HAD A REALLY QUICK MEETING WITH NO KERFUFFLES VOTING MATTERS FOR OPERATIONAL NPRS AND REGULAR CREDIT EXPOSURE UPDATES.
WE LOOKED AT NPR 12 14, 12 29, 12 38, 12 67, 12 71, 12 75, AND 1276, AND DETERMINED THAT ALL OF THESE WERE OPERATIONAL WITH NO CREDIT IMPACTS.
AND THEN WE HAD THE CREDIT UPDATE AND MARKET-WIDE AVERAGE TOTAL POTENTIAL EXPOSURE REMAINED FLAT AT THE 1.85 OR EIGHT 4 BILLION IN THE MARCH, 2025, BOTH REAL-TIME PRICES AND FORWARD ADJUSTMENT FACTORS WERE SLIGHTLY LOWER IN MARCH.
DISCRETIONARY COLLATERAL IS DEFINED AS SECURED COLLATERAL IN EXCESS OF TPR AND CRR LOCKED ACL AND DAM EXPOSURE.
SO AVERAGE DISCRETIONARY COLLATERAL DECREASED FROM 4.53 BILLION IN FEBRUARY TO 4.1 BILLION IN MARCH, AND THERE WAS NO UNUSUAL COLLATERAL CALLS FOR THE PERIOD.
AND THIS IS OUR USUAL, UH, BA BASICALLY AVAILABLE CREDIT BY TYPE COMPARED TO THE TOTAL POTENTIAL EXPOSURE FOR THE PERIOD.
YOU CAN SEE THAT WE ONLY TYPES, WE'VE GOT NOW ARE THE SURETY BONDS LETTER OF CREDITS, CASH, TPE, AND THE MAX TPE IS WHEN IT OCCURS.
THE REST OF THE VALUES ARE AS OF THE END OF THE MONTH.
THIS IS HOW THE COLLATERAL WAS, WAS USED DURING THE MONTH OR THE PERIOD.
AND THEN THIS IS THE STANDARD, UH, REPORT SHOWING THE, THE BANKING EXPOSURE BASED ON LETTERS OF CREDIT VERSUS THE AMOUNTS AVAILABLE BY ENTITY OR BANK.
OUR NEXT MEETING IS MAY 19TH, AND IT MIGHT BE A LITTLE BIT EXCITING.
THAT'S, THAT'S LIKE A HECK OF A TEASER.
WHAT, WHAT'S HAPPENING ON MAY 19TH
OH, UM, DC ENERGY WANTS TO LOOK AT CRR, UM, EXPOSURES AND PERHAPS TALK ABOUT OPENING UP THE CREDIT CALCULATIONS AGAIN TO TALK ABOUT CR EXPOSURE CALCS.
DOES ANYBODY WANNA TALK ABOUT ANY OF THAT? OKAY.
[12. Large Flexible Load Task Force (LFLTF) Report (Possible Vote)]
OUR, UH, LOAD ITEMS. WE ARE, WE'RE GONNA RENAME THIS.UM, SO FOR NOW IT'S THE LARGE FLEXIBLE LOAD TASK FORCE.
UM, WE WILL REVIEW THE NEW WORKING GROUP CHARTER, UM, AND THEN WE KIND OF REARRANGE THE AGENDA, WHICH I THINK WE'LL KEEP GOING FORWARD SO THAT THE, THE LARGE LOAD INTERCONNECTIONS STATUS UPDATE IS IN LINE WITH THESE OTHER ITEMS. BILL BLEVINS, THIS IS YOU.
WELL, UH, I GUESS, UH, STEVE RID WILL HAVE ANOTHER CUP.
UH, WE'LL GET RID OF, UH, THE F AND WE'LL REPLACE IT WITH A G.
UM, I JUST FELT LIKE I HAD TO GET THAT OUT THERE.
UM, BUT YEAH, THERE'S ENOUGH ACTIVITY GOING ON WITH ALL THE LARGE LOAD THAT, UH, WE DON'T SEE, YOU KNOW, AN END TO THE TASK FORCE.
SO, UM, WE'RE KIND OF SUGGESTING THAT WE SHOULD GO AHEAD AND FORMALLY MAKE THIS A WORKING GROUP AND WE'VE UPDATED THE CHARTER.
UM, THERE'S A LOT OF, UH, ACTIVITIES THAT'LL PROBABLY BE OPERATIONS FOCUSED.
SO, UM, IF WE GET APPROVAL TO GO AHEAD WITH THE WORKING GROUP, THEN I THINK AT THE NEXT MEETING, WHICH WE'RE LOOKING AT MAYBE EARLY TO MID-MAY, SOMEWHERE IN THAT TIMEFRAME, UM, WE WILL HAVE SOME NOMINATIONS FOR, UM, THE LEADERSHIP THERE.
UM, AND I THINK WE'VE ALREADY GOT A FEW PEOPLE LINED UP POTENTIALLY TO DO THAT.
SO, UM, I GUESS THAT'S WHAT WE WOULD LIKE TO FEEDBACK FROM, FROM, UH, ATTACK TODAY IS, UH, WE CAN GO AHEAD AND START WORKING ON FORMING THE WORKING GROUP AND, UH, GETTING SOME LEADERSHIP.
[01:10:03]
OKAY.SO I THINK TECHNICALLY WHAT WE ARE DOING IS, UH, WE ARE GOING TO SUNSET THE LARGE FLEXIBLE LOAD TASK FORCE AND THEN APPROVE THE LLWG CHARTER AS PRESENTED AND, AND SORT OF CREATE THAT WORKING GROUP AND THEY WOULD, UH, REPORT TO TAC DIRECTLY.
UH, JIM LEE COMMENT ON THE CHARTER.
UM, THANKS FOR PUTTING THIS TOGETHER.
UM, JUST A QUESTION, UH, TO BE A LITTLE BIT MORE IN SYNC.
UH, THERE'S REFERENCES TO LARGE LOAD THERE.
WE HAVE A DEFINITION FOR LARGE LOAD.
WOULD IT BE APPROPRIATE TO CHANGE THE, UH, THE, THE, THE LOWERCASE LARGE LOADS INTO UPPERCASE LARGE LOADS THROUGHOUT THE DOCUMENT? IS THERE, 'CAUSE MY UNDERSTANDING IS THIS IS ALL TIED TO ALL THE PROJECTS, 75 MEGAWATTS AND UP, RIGHT? SO, YEAH, I GUESS WE HADN'T THOUGHT OF, UH, I GUESS IF WE NEEDED TO, SINCE THAT TERM IS BOARD APPROVED, NOT YET PUC APPROVED.
UM, BUT I THINK YOU'RE JUST TRYING TO MAKE THAT LINE UP WITH THE NEW DEFINITION, RIGHT? YEAH.
SO THERE'S NO CONFUSION AS TO WHAT THIS LLWG IS TRYING TO COVER.
YEAH, I DON'T THINK WE'D HAVE ANY OPPOSITION TO LINING IT UP WITH A NEW, NEW, UH, DEFINITION.
UM, DO, WOULD WE TECHNICALLY HAVE TO WAIT UNTIL THOSE DEFINITIONS ARE APPROVED OR GRAY BOX THE CHARTER UPON IMPLEMENTATION?
I'LL UPDATE EVERY ONE OF THESE USES.
IT'S JUST PART OF WHY BILL AND AG HAVE LOST SO MUCH SLEEP AND, AND HAIR IS TRYING TO GET LARGE LOAD TO BE A DEFINED TERM IN 1234.
SO HOPEFULLY JUNE 1ST WE'LL HAVE IT AS A DEFINED TERM.
SO, AND I, I DON'T WANNA HOLD THIS UP.
IF WE NEED TO APPROVE THIS TODAY, MOVE IT FORWARD AND WE CAN COME BACK AND YEAH.
I, I THINK WE CAN GO CAPITALIZE.
WE CAN GO AHEAD AND CAPITALIZE GREAT BOXING AND CHARTER IS SUCH A UNIQUE INNOVATION.
WE'LL GO THROUGH AND MAKE SURE THEY'RE ALL CAPITALIZED.
I, I JUST WANTED TO ASK MARTHA HOW WE PRONOUNCE THIS ACRONYM NOW THAT LT HAS GONE.
THAT WAS SO FUN TO SAY, BUT I GUESS WE'LL GO WITH WIG.
DOES THAT WORK? ERIC? LUIE? WHAT WAS THAT? LUIE.
WHY CAN'T YOU JUST DO LLWG? YEAH, I'M JUST, I'M JUST CALLING IT LILY LILI WIG OR SOMETHING LIKE THAT.
WHO IS CAROL? OKAY, WELL, WE'LL SEE WHAT THE, THE NEW MUG SAYS AND THEN WE CAN GO FROM THERE.
ANY JUST, UH, BOB WHITMEYER FIRST AN APOLOGY.
I'VE CHAIRED MANY TASK FORCES IN MY CAREER HERE AT ERCOT, AND THIS IS THE FIRST TIME I DIDN'T MAKE IT GO AWAY.
UM, HAVING SAID THAT, COULD WE JUST DO THE DESKTOP EDITS AND MAKE IT CAPITAL LARGE LOAD? YES, THERE IS A RISK, BUT 1234 WAS SPONSORED BY ERCOT.
IT PASSED THE BOARD UNANIMOUSLY.
COULD WE TAKE THE RISK AND JUST DO THE LARGE LOAD CAPITALIZED AND MOVE THIS FORWARD TODAY? YEAH, THAT'S WHAT WE AGREED TO.
WE'RE, WE'RE IN AGREEMENT WITH YOU.
ANY OTHER QUESTIONS OR COMMENTS ABOUT ACRONYMS OR CAPITALIZATIONS OR ANYTHING ELSE? OKAY, SO WE WILL STARTING WHAT MONTH? MAY THIS MONTH WE'LL HAVE, YEAH, WE'RE WORKING ON TRYING TO LWG GET A A, A MEETING SCHEDULED.
UH, I, I THINK WE MAY DO IT VIA WEBEX JUST TO TRY TO DO IT MORE QUICKLY.
UM, BUT I THINK IT'LL JUST BE TAKING CARE OF BUSINESS, UM, OF SETTING UP THE WORKING GROUP.
[01:15:01]
JEFF WAS TELLING ME WE'VE PENCILED IN MAY 16TH AND WE'LL SEND OUT A NOTE TO THE EXPLODER LIST.UH, AND I GUESS WE'LL BE CREATING A NEW EXPLODER LIST OR A REPLACEMENT EXPLODER LIST.
AND IT'LL BE MORE THAN JUST WORKING GROUP STUFF.
WE GOT ACTUAL STUFF TO TALK ABOUT AT THAT MAY 16TH MEETING.
ANN'S GONNA GET MAD AT ME, BUT I THINK A THING WE'RE DOING IS WE'RE GONNA BE VERY CLEAR IN ADVANCE ABOUT THE AGENDAS.
I, WE HAD SOMEBODY ALREADY SAID KERFUFFLE, BUT WE HAD BIG KERFUFFLE ABOUT THE SUBGROUP.
WE'RE WE'RE NOT GONNA HAVE A SUBGROUP.
WE'RE JUST GONNA BE VERY CLEAR ABOUT WHAT TOPICS WILL BE ON THE AGENDA.
AND THEN IT'S UP TO PEOPLE TO READ BOB AND BILL'S VERY WELL THOUGHT OUT AGENDAS AND DETERMINE IF THEY NEED TO BE THERE OR NOT.
THAT IS THE, YEAH, AND, AND WE'VE GOT SOME COMPLICATIONS 'CAUSE SOME OF THE LARGE DATA CENTERS, UM, HAVE SOME PRIVATE INFORMATION THAT'S KIND OF HARD TO DEAL WITH.
SO WE MAY JUST HAVE TO HAVE INDIVIDUAL MEETINGS WITH THEM FOR THOSE.
CAN WE MOVE ON TO THE LARGE LOAD INTERCONNECTION STATUS UPDATE WITH JULIE? CAN WE ADD THIS TO THE COMBO BALLOT? OH, CAN WE ADD THIS, UH, NOT GRAY BOX TO THE COMBO BALLOT? WE CAPITALIZED, WE DON'T TECHNICALLY NEED TO VOTE ON THIS, RIGHT? NO, WE DO THE CHARTER.
WE DO NEED, SO IT'S, SO IT'S ONE COM.
IT'S ONE MOTION THOUGH, BECAUSE WE DON'T NEED TO SUNSET, BUT WE ARE GOING TO SUNSET THE TASK FORCE.
AND THEN WE ARE GOING TO APPROVE THIS CHARTER AS REVISED BY TAC.
CAN WE PUT THAT ON THE COMBO BALLOT? OKAY.
NOW THE LARGE LOAD AND CONNECTION STATUS UPDATE, I'D JUST LIKE TO POINT OUT ALSO THAT WE'RE ALMOST AN HOUR AHEAD OF SCHEDULE, WHICH HAS NEVER HAPPENED.
WE ALREADY TOOK LIKE A SIDE EXCURSION ON ROSS ACTION ITEMS THAT BECAME VERY CONTROVERSIAL.
I MEAN, Y'ALL SAY THAT AND, UH, THE LARGE LOAD QUEUE IS UP.
UM, ALRIGHT, WELL, UH, Y'ALL, UH, KNOW THE, THE REGULAR ROUTINE HERE.
I'M THE SUPERVISOR OF THE LARGE LOAD INTEGRATION TEAM AT ERCOT.
AND I'LL BE PRESENTING THE LARGE LOAD QUEUE UPDATE FOR TAC.
A COMBINATION OF NEW STANDALONE AND CO-LOCATED PROJECTS, AS WELL AS SEVERAL PROJECT CANCELLATIONS RESULTED IN A NET INCREASE OF 25,419 MEGAWATTS IN LARGE LOAD QUEUE.
SO THAT STEADY TREND UPWARD JUST KEEPS, KEEPS GOING ON.
AND ONCE AGAIN IN THIS SLIDE YOU CAN SEE THE, UH, DIFFERENT, UH, STATUSES OF, UH, PROJECTS THAT, UH, WE HAVE RECEIVED FOR THE ERCOT QUEUE.
THE, UH, NO STUDY SUBMITTED CATEGORY IS, UM, PROJECTS THAT HAVE HAD THEIR, UM, USUALLY THEIR KICKOFF MEETING.
AND SO WE HAVE GENERAL INFORMATION LIKE A, UH, POI, UM, AND, AND IN SERVICE STATE AND THINGS LIKE THAT.
BUT, UM, NO STUDIES HAVE BEEN SUBMITTED YET.
THOSE THAT ARE UNDER
AND THOSE ARE CURRENTLY BEING REVIEWED OR SOMEWHERE IN THE REVIEW PROCESS.
THOSE THAT ARE APPROVED TO ENERGIZE BUT NOT OPERATIONAL HAVE BEEN APPROVED TO ENERGIZED BUT HAVE NOT STARTED CONSUMING YET.
AND OBSERVED ENERGIZED ARE THE, UH, LOADS THAT ARE, UM, CURRENTLY CONSUMING, UH, ON THE C**K GRID.
YOU CAN SEE THAT BREAKDOWN IN THE CHART BELOW.
TOTAL LOAD OF PLANNING STUDIES APPROVED HAS INCREASED SLIGHTLY IN APRIL, 2025 WITH APPROVED TO ENERGIZED LOAD INCREASING BY 473 MEGAWATTS.
THIS PAST YEAR HAS SEEN 1300 MEGAWATTS OF LOAD APPROVED TO ENERGIZE.
NEXT LINE OF THE TOTAL 6,779 MEGAWATTS APPROVED TO ENERGIZE 3,338 MEGAWATTS, RESIDES IN LOADS ZONE WEST, AND THE REST RESIDES IN THE OTHER LOAD ZONES.
ABOUT 5,514 MEGAWATTS CONSISTS OF STANDALONE PROJECTS AND 1,265 MEGAWATTS CONSISTS OF CO-LOCATED PROJECTS.
[01:20:02]
MEGAWATTS THAT HAVE RECEIVED APPROVAL TO ENERGIZE ERCOT HAS OBSERVED A NON SIMULTANEOUS MONTHLY PEAK CONSUMPTION OF 3,691 MEGAWATTS IN APRIL.AND THAT'S THE SUM OF THE MAXIMUM VALUE FOR EACH INDIVIDUAL LOAD PER MONTH.
WE'VE OBSERVED A SIMULTANEOUS MONTHLY PEAK CONSUMPTION OF 3,352 MEGAWATTS IN APRIL.
THIS IS THE MAXIMUM VALUE OF THE SUM OF ALL INDIVIDUAL LOADS PER MONTH.
WE'VE GOT A NEW ONE FOR EVERYONE.
DISTRIBUTION OF LARGE LOAD PROJECTS BY SIZE.
THIS HAS BEEN A OFTEN REQUESTED, UH, VIEW OF THE QUEUE, SO I THOUGHT WE'D THROW THAT IN THERE.
ABOUT 88 PROJECTS ARE IN THE, UH, 75 TO TWO 50 MEGAWATT BUCKET AT 57 PROJECTS IN THE TWO 50 TO 500 MEGAWATT BUCKET.
40 PROJECTS IN THE 500 TO A THOUSAND MEGAWATT BUCKET AND 50 PROJECTS IN A THOUSAND PLUS MEGAWATT BUCKET.
WE APPRECIATE THE INFORMATION.
AS YOU KNOW, WE'RE NEVER HAPPY HERE.
UM, ON THIS SLIDE EIGHT, WOULD IT BE POSSIBLE TO SEE THAT BROKEN DOWN BY YEAR BY, UH, REQUESTED IN SERVICE STATE? YEP.
I CAN SEE ABOUT GETTING THAT OUT.
CONTINUING THAT THEME OF NOT BEING HAPPY, UM, WAS HOPING WE COULD GET A RUNNING VIEW OF ERCOT THOUGHT ON THE DISCOUNTING METHODOLOGY THAT THEY USED IN THE RECENT LOAD FORECAST.
UM, I THINK THAT'S GONNA HELP US ALL BETTER THINK ABOUT THE MARKET RATHER THAN GETTING THAT, UM, YOU KNOW, CHUNK BY CHUNK YEAR BY YEAR.
UM, SO IT'D BE GREAT IF WE COULD UNDERSTAND, UM, AS WE MOVE THROUGH THIS PROCESS, HOW TO BETTER THINK ABOUT THESE LARGE LOADS.
NOTED, THIS IS A REALLY GOOD SUGGESTION.
I NOTICED THAT THE OBSERVED TO ENERGIZE STAYED THE SAME FROM LAST MONTH.
UM, WHAT, WHAT TYPICALLY ARE THE THINGS THAT NEED TO BE COMPLETED FROM THE APPROVED TO ENERGIZED BUT NOT OPERATIONAL PHASE TO THE OBSERVED ENERGIZED CATEGORY? YEAH, THAT'S ON THE TSP AND ON THE LOAD CUSTOMER.
SO IF, UM, YOU KNOW, SOMETIMES WE DON'T HAVE, UM, DIRECT INSIGHT INTO THAT.
UM, YOU KNOW, THERE MAY BE CUSTOMER DELAYS, UM, YOU KNOW, CONSTRUCTION DELAYS AT THE SITE.
UM, IT JUST REALLY, OR, UH, YOU KNOW, THERE, THERE MIGHT BE OPERATIONAL CHANGES.
IT'S, UH, YOU KNOW, DIFFERENT SITE TO SITE.
BUT THEY CAN CONSUME TO THAT APPROVED AMOUNT.
DO YOU HAVE ANY INSIGHT INTO HOW LONG A TYPICAL PROJECT WILL STAY IN THE APPROVED TO ENERGIZE BUT NOT OPERATIONAL CATEGORY? I THINK THE QUEUE IS NEW ENOUGH, UM, TO WHERE ABOUT, YOU KNOW, THAT'S A, IT'S A PRETTY NEW METRIC FOR SOME OF THESE PROJECTS.
I'LL SEE WHAT I CAN GET FOR A FUTURE, UH, QUEUE UPDATE.
YEAH, I I WOULD FIND THAT INTERESTING.
THE APPROVED TO ENERGIZE THAT SPECIFICALLY MEANS APPROVED TO ENERGIZE, UH, ON THE TEO SIDE AND ON ERCOT SIDE, CORRECT? CORRECT.
AND THANK YOU JULIE FOR PUTTING UP WITH ALL THE, THE QUESTIONS.
I KNOW WE'RE KIND OF A YIPPY GROUP.
UH, THE UM, THAT'S WHY I SAID, YOU KNOW, THEY WERE GONNA JINX IT WHEN THEY SAID YOU WERE GONNA BE ON TIME AFTER THERE
BUT I WAS JUST CURIOUS IF THIS, I'M MESSING WITH YOU, NED.
YEAH, WE DO WORK WITH THE FORECASTING TEAM TO, YOU KNOW, TRY TO INFORM, UM, THEIR NUMBERS FROM THE QUEUE.
KEEP IN MIND THAT UP UNTIL PICKER ONE 15 IS, UM, FORMALLY ENDORSED RIGHT NOW, THE, THE REQUIREMENT IS FOR LOADS THAT
[01:25:01]
ARE ENERGIZING WITHIN TWO YEARS TO COME THROUGH THIS TEAM.AND SO THERE MAY BE LOADS THAT SORT OF EXIST IN THE, YOU KNOW, KIND OF GREATER QUEUE OF ALL AIR COT, UM, THAT HAVE NOT YET BEEN SUBMITTED TO THIS QUEUE.
AND I DO EXPECT THE NUMBERS TO SHOOT UP, UM, YOU KNOW, PAST JUNE 1ST, ASSUMING THAT, UM, BIGGER ONE 15 GETS ENDORSED AT THE PUC.
UM, SO, YOU KNOW, WE'RE, WE'RE KIND OF WORKING IN THIS INTERIM PROCESS NOW, OBVIOUSLY YOU SEE NUMBERS IN HERE THAT ARE, UH, YOU KNOW, SORT OF PAST, YOU KNOW, TWO YEARS IN SERVICE AND WE HAVE HAD A LOT OF PROJECTS SUBMITTED, UM, THAT ARE SORT OF FURTHER OUT IN THAT TIMELINE.
UM, BUT I, I THINK THAT'S, YOU KNOW, THAT THAT'S SOMETHING TO KEEP IN MIND AS WE'RE CUTTING INTO JUNE.
AND, UH, JUST MAKE SURE THAT I UNDERSTOOD THAT, UH, THE TAKEAWAY FROM THAT LAST COMMENT.
UH, 'CAUSE I KNOW A COUPLE MONTHS AGO WE SAW A BIG JUMP IN THE, THE THOUGHT THEN WAS THERE WERE SOME OF THOSE GREATER THAN TWO YEAR OUT PROJECTS THAT WERE COMING IN, IN ANTICIPATION OF NBR 1234 AND AND PICKER ONE 15, UH, BEING ADOPTED.
AND I THINK, AM I CORRECT IN SUMMARIZING YOUR LAST COMMENT IS YOU, YOU WOULD EXPECT MORE TO COME IN ONCE THOSE ARE FINAL? CORRECT.
SO IT'S, IT'S KIND OF A, A, A STEADY DRIP THAT IS, UH, UPDATING.
I'VE GOT A QUESTION ON THAT ONE.
UH, ON, YOU KNOW, WHEN I START SEEING, YOU KNOW, A GIGAWATT AND MORE LOAD SHOWING UP IN THERE, MY QUESTION IS, IS THAT ALL AT ONCE? DO YOU HAVE A WAY TO KNOW THAT? OR IF WHILE THEY'RE SHOWING THE LARGE PROJECT BY SIZE, IS, IS ONE GIGAWATT THAT IT'S GONNA BE, YOU KNOW, THREE, THREE AND THREE AND ONE OR 1, 3, 3 AND THREE DO, IS THERE A WAY TO KNOW THAT, YOU KNOW, 'CAUSE THAT, UH, I THINK THAT WOULD MAKE A DIFFERENCE BY LOOKING AT THE TIMELINE OF WHEN THESE LOADS ARE COMING IN.
AND IT'S, IT'S ONE OF THOSE THINGS, YOU KNOW, WE'RE, WE'RE CONSTANTLY BALANCING, UM, YOU KNOW, WANTING TO, TO DISPLAY AS MUCH AS WE CAN, UM, YOU KNOW, TO, TO INFORM Y'ALL ABOUT WHAT'S GOING ON WITH THE QUEUE AND ALSO NEEDING TO PROTECT CUSTOMER CONFIDENTIALITY.
UM, YOU KNOW, SO IT BE PROBABLY UNSATISFYING ANSWER FOR YOU IS GONNA BE, YOU KNOW, THE, IT REALLY JUST DEPENDS ON THE PROJECT.
SOME PROJECTS HAVE, UM, YOU KNOW, THOSE, THOSE RAMPS AND SO IT'S, YOU KNOW, NOT A GIG AT ONCE.
IT'S LIKE YOU SAID, UM, YOU KNOW, SOME, SOME RAMP SCHEDULE UP TO THAT AMOUNT.
UM, YOU KNOW, PARTICULARLY, UM, PARTS OF, YOU KNOW, A LOT OF THESE PROJECTS ARE DEPENDENT ON TRANSMISSION UPGRADES AND SO THEY MIGHT ONLY BE SERVICING, YOU KNOW, A CERTAIN PORTION OF THAT UNTIL THE TRANSMISSION UPGRADES ARE COMPLETED.
UM, YOU KNOW, IN, IN TERMS OF, UH, IT, IT SOUNDS LIKE I'VE HEARD A COUPLE OF TIMES HERE THAT, YOU KNOW, SORT OF THE VIEW IN TIME, NOT JUST LIKE THE SIZE OF THE PROJECTS, BUT SORT OF, YOU KNOW, WHEN THEY'RE COMING IN, UM, I'LL SEE HOW WE CAN TRY TO BREAK THAT DOWN IN A WAY THAT, YOU KNOW, ISN'T REVEALING OF ANY PARTICULAR PROJECTS INFORMATION.
UM, BECAUSE THAT'S ALWAYS THE CHALLENGE HERE, BUT, UM, KEEP THAT IN MIND.
ALRIGHT, CLAYTON GREER, ALONG THOSE SAME LINES, I MEAN THE, THE LOAD RAMP IS REALLY WHAT NEEDS TO BE SHOWN BECAUSE THIS IS MORE FOUR DIMENSIONAL WHENEVER WE THROW THE TIME IN THERE.
UM, WE HAVE SOME OF THESE LARGE PROJECTS IN THAT NUM THAT 50 SIZE RANGE, BUT, BUT IT'S, YOU KNOW, 200 A YEAR FOR FIVE YEARS OR 250 A YEAR FOR FOUR YEARS.
AND THAT'S, THAT'S GOTTA BE FACTORED IN.
IF YOU'RE LOOKING AT A, AT A SITE, IF SOMEBODY'S TELLING YOU THAT THEY'RE GONNA RAISE A THOUSAND MEGAWATTS OF BUILDINGS IN ONE YEAR, THAT'S, THAT'S NOT A REAL INTERCONNECT REQUEST.
SO THAT MIGHT BE ONE OF THE TELLS AS WELL ON THE, THE REAL VERSUS NOT REAL SAGA THAT SEEMS TO BE GOING ON SO THICK RIGHT NOW.
UM, BUT I DO KNOW THAT SOME OF THE STUDIES ALSO ARE, MAY NOT BE PROVIDING YOU THAT INFORMATION BECAUSE THEY MAY BE PROVIDING YOU THE WORST CASE, WHICH IS THE, THE FULL AMOUNT IN THE LAST YEAR AND HOPING THAT THE RAMP WORKS FROM THERE.
SO I'M NOT SURE THAT YOU GUYS HAVE ENOUGH INFORMATION TO DO THAT FULLY, BUT, UM, IF YOU CAN GET IT IN THERE, THAT WOULD BE VERY HELPFUL.
UH, IF YOU GO BACK TO SLIDE, I THINK IT'S THREE, UM, THREE OR FOUR, I ALWAYS GET MY NUMBERS MIXED UP.
I SHOULD, IT'S THREE, UM, ABOUT, YOU KNOW, A A LITTLE AROUND HALF OF THE, THE, UH, QUEUE HAS, YOU KNOW, NO STUDY SUBMITTED.
AND SO THIS IS WHERE, YOU KNOW, WE HAVE RELATIVELY MINIMAL INFORMATION ON THIS.
YOU KNOW, THEY, THEY ARE IN THE QUEUE.
UM, BUT REALLY ALL WE'VE GOT AT THIS POINT IS MEGAWATT SIZE, POI, UM, AND SERVICE STATE.
UM, SO, YOU KNOW, JUST KIND OF KEEPING THAT IN MIND FOR THE GENERAL QUEUE.
USUALLY WE GET INFORMATION IN THE KICKOFF MEETING.
[01:30:01]
BE, UH, AN IMPORTANT POINT WHENEVER YOU PRODUCE THIS DATA TO KIND OF HELP PEOPLE UNDERSTAND THAT THIS MAY OR MAY NOT BE VERY REAL.WELL, I GUESS EVERYBODY UNDERSTANDS IT'S NOT, MAY OR MAY NOT BE VERY REAL, BUT JUST KIND OF THE LIMITATIONS OF WHAT YOU HAVE BEEN PROVIDED VERSUS WHAT IS IS BEING MANAGED AT THE TDSP LEVEL.
YEAH, KEVIN HANSEN OF BANERJEE.
UM, QUICK QUESTION ABOUT THE TIMELINE FOR UNDER ERCOT REVIEW.
SO AGAIN, THE 23, THERE'S ROUGHLY 51 GIGAWATTS.
DO WE HAVE A TIMELINE IN TERMS OF, UH, ESTIMATES OF WHEN ERCOT SHOULD HAVE THIS FINISHED THESE, THESE REVIEWS? UM, YEAH, AND, AND WE TRY, HANG ON A SECOND.
I'M GONNA GO AHEAD AND ANSWER SOME OF THESE.
UH, HOPEFULLY I CAN, UH, HANDLE A LITTLE BIT OF THIS SINCE I'M IN THE ROOM.
UM, SO HEY BILL, I JUST WANNA POINT OUT FIRST AND FOREMOST, 'CAUSE I GET A BUNCH OF CALLS ALMOST EVERY DAY ABOUT THESE THINGS.
WE HAVE 20 GIGAWATTS OF ALREADY APPROVED STUDIES AND THEN WE'VE GOT, I DON'T KNOW, SIX OR SEVEN GIGAWATTS OF APPROVED TO ENERGIZE AND WE'RE SEEING ABOUT 3,500 ACTUALLY.
SO FIRST AND FOREMOST, WE'RE AHEAD
AND WHEN WE STARTED THIS, I THINK THE QUEUE WAS ABOUT 18 GIGAWATTS IN TOTAL.
SO WE'VE ALREADY APPROVED THE ENTIRETY OF WHAT WE STARTED WITH.
UM, BUT WE ARE TRYING TO GET THE REVIEWS DONE FASTER RIGHT NOW BECAUSE WE'RE UNDER THE MARKET NOTICE, WE DON'T HAVE A TIMEFRAME TO GET THAT REVIEW DONE.
AND THE BIGGER IT DOES, I THINK GIVE US 10 DAYS AND THEN WE MAY HAVE SOME ABILITY TO EXTEND IT TO, UH, 20 DAYS OR SOMETHING LIKE THAT, UH, ON SOME PARTS OF IT.
UM, WE'RE WORKING ON KIND OF THE UNBOXING OF THIS AND WE'LL PROBABLY PUT OUT SOME INFORMATION AT THE WORKING GROUP ON HOW WE'RE GONNA UNBOX THE PICKER, BUT THERE WILL BE SOME REQUIREMENTS.
AND I ALSO DO THINK THAT THERE MAY BE SOME PARTIES THAT ARE IN THERE THAT WILL GET CLEANED OUT OF THE QUEUE BECAUSE WE'VE APPROVED THEIR, APPROVED THEIR STUDIES AND WE HAVEN'T SEEN OR HEARD ANYTHING.
SO THERE'S JUST SOME TIMING, UH, REQUIREMENTS IN THE NEW PIGGER.
AND SO THERE SHOULD BE A LITTLE BIT OF A CLEANUP THAT HAPPENS ONCE WE IMPLEMENT THAT PIGGER AS WELL.
I JUST SEEN THAT NUMBER THERE.
I JUST WANTED TO JUST GET A BALLPARK THERE.
I I REALLY APPRECIATE THE WORK.
ALL YOU GUYS ARE DOING EVERYTHING RIGHT NOW.
I MEAN, I THINK WE ARE KIND OF UNDER THE MARKET NOTICE, SO WE DON'T REALLY HAVE THE ABILITY TO DO THE CLEANUP.
BUT I THINK WITH THE NEW RULE, WE WILL HAVE THAT, SO HOPEFULLY SOME OF THESE STALE PROJECTS WILL GET OUT.
OR, UM, AS I WAS DRIVING IN HERE, I THOUGHT, WELL, YOU KNOW, SOME OF THESE OTHER PARTIES THAT WANT TO GET ACCESS FASTER, MAYBE THEY CAN TALK TO SOMEBODY THAT HAS AN APPROVED STUDY OR SOMETHING AND THEY CAN TRADE OR SOMETHING.
BUT RIGHT NOW WE DON'T HAVE MUCH VISIBILITY OR CONTROL INTO THE QUEUE.
UM, BUT WE SHOULD HAVE A LITTLE BIT MORE WITH THE PIGGER AND THERE ARE SOME TIMING REQUIREMENTS TO GET THE STUDIES REVIEWED UNDER THE PIGGER.
YEAH, I'LL JUST ADD, UM, TO KIND OF ECHO SOME OF WHAT BILL SAID THERE, UH, THE UNDER ERCOT REVIEW, UM, CATEGORY, YOU KNOW, KEEP IN MIND THAT, YOU KNOW, THAT CAN BE ANYTHING FROM, YOU KNOW, ACTUAL, YOU KNOW, THE, THE SORT OF ACTIVE REVIEW.
AND A LOT OF TIMES WHAT WE HAVE IS KIND OF AS, AS BILL ALLUDED TO PROJECTS THAT, YOU KNOW, MAYBE, MAYBE THEY COMPLETE THE STEADY STATE STUDY AND THEN, YOU KNOW, STABILITY MIGHT KINDA, UH, BE SOMETHING WE'RE WAITING ON FOR, FOR A WHILE.
AND SO IT, UM, UH, YEAH, I WOULD JUST REEMPHASIZE THAT IT'S, I WOULD ARGUE THE MAJORITY OF IT'S NOT, UM, SORT OF ACTIVE REVIEW OR SORT OF WAITING ON, YOU KNOW, THE NEXT PIECES OF INFORMATION FOR US TO CONTINUE THAT REVIEW.
BILL BARNES, SINCE WE'RE COMMITTED TO SLOWING DOWN THE AGENDA, BILL, UH, NO SIR.
WE'VE ONLY GOTTEN ONE MINUTE LESS AHEAD SO FAR, SO I DIDN'T JINX US.
I'M CURIOUS, UM, ARE THERE CIRCUMSTANCES, UM, THAT YOU'VE ENCOUNTERED WHERE YOU HAVE DENIED INTERCONNECTION REQUESTS AND WITH THE PASSAGE OF 1234 AND PI ONE 15, DOES THAT GIVE YOU MORE FLEXIBILITY, UM, TO APPLY, UH, EITHER CONDITIONS OR DELAY OR DENY INTERCONNECTION REQUESTS? UM, I, I GUESS I WOULDN'T REALLY SAY THAT WE'VE DENIED SOME.
UH, I THINK WE'VE HAD SOME WHERE THERE WOULD HAVE TO BE SOME UPGRADES FOR THEM TO GET, UM, WHAT THEY'RE ASKING FOR.
AND SO I THINK IN THAT CASE, UM, THEY MADE A DECISION NOT TO MOVE FORWARD, UM, BECAUSE THEY DIDN'T WANNA WAIT FOR THE TIME IN THAT
[01:35:01]
LOCATION.BUT I DON'T KNOW OF ANY THAT WE'VE DENIED.
WE'VE JUST GIVEN THEM A NUMBER IF THEY ASK FOR A HUNDRED, BUT WE COULD ONLY GIVE 'EM 25 AND THEN THEY DECIDE WHAT TO DO ABOUT THAT.
UH, JUST WONDERING IF THERE IS AN OPPORTUNITY, A COUPLE YEARS AGO WE STARTED, UM, REMOVING PROJECTS FROM THE GENERATION INTERCONNECTION QUEUE, UH, THAT HADN'T BEEN RESPONSIVE OR HADN'T FOLLOWED UP WITH ERCOT.
I'M WONDERING IF, UH, THERE IS AN, UH, YOU KNOW, AS THIS MATURES, AN ABILITY TO TAKE LESSONS LEARNED FROM THAT AND APPLY IT TO THIS QUEUE AS WELL? YES.
I MEAN, WE INTENDED TO PUT IN THIS NOW IT'S LONGER THAN MAYBE I WOULD'VE LIKED.
'CAUSE I THINK IT'S 180 DAYS AFTER THE STUDIES ARE APPROVED THAT IF THEY DON'T SIGN AN AGREEMENT, WE CAN REMOVE THEM FROM THE QUEUE.
UM, BUT THAT'S AT LEAST SIX MONTHS AFTER YOUR STUDIES ARE APPROVED TO DECIDE TO GO FORWARD.
SO THEN AFTER THAT PERIOD, AND I THINK THERE'S PROBABLY SOME IN HERE THAT WE'VE GOT APPROVED STUDIES AND WE HAVEN'T SEEN ANY ACTIVITY ON FOR THAT LENGTH OF TIME.
THAT'S WHY I MISSED IT PUTS THAT REQUIREMENT IN.
ANY OTHER QUESTIONS FOR JULIE
JULIE, DO YOU HAVE ANYTHING ELSE FOR US? I THINK I BELIEVE YOU FINISHED YOUR PRESENTATION, CORRECT? CORRECT.
[13. RTC+B Task Force Report]
TO RTC PLUS B TASK FORCE REPORT WITH MATT.MATT, WE ARE 53 MINUTES AHEAD OF SCHEDULE.
I KNOW YOU JUST LOST A MINUTE ON MY WALKING.
I COULD FEEL THE, FEEL THE VIBE IN THE ROOM.
UM, SO I HAVE 10 SLIDES TODAY.
WANNA TALK ABOUT THE ISSUE, THE USUAL ISSUES LIST OF WHERE WE'RE HEADED, AN UPDATE ON THE NPRS THAT ARE IN FLIGHT OR ALMOST IN FLIGHT MARKET READINESS RESPONSE, UH, REPORT CARD, THE MARKET TRIAL START DATE, SUMMARY OF DISCUSSIONS, AND THIS NEW THING OF WHAT DOES IT LOOK LIKE TO HAVE A PARKING DECK FOR SOME OF THESE ISSUES.
WE'VE GONE AROUND ON A COUPLE ITEMS AND WHAT'S IT LOOK LIKE TO BRING IT BACK TO TAC? SO IN TERMS OF, UH, THANK YOU.
THE TOP IS THE THREE NPRS THAT WERE APPROVED BY THE BOARD, UH, THIS PAST MONTH.
AND SO GETTING THOSE TO THE COMMISSION ON MAY 15TH FOR FINAL APPROVAL IS GREAT.
THOSE ARE FOR THE AS PROXY OFFERS, THE DEMAND CURVES RIG UP, DOWN, ALL THOSE PIECES.
THE NEXT BOX UNDER IT WE'LL TALK ABOUT IN A FEW MINUTES IS THE STATE OF CHARGE, UM, ISSUE THAT WE'VE BEEN TALKING ABOUT COMING BACK TO.
SO WE'RE STILL JUST WORKING THE LIST ALL THE WAY DOWN.
AND THEN WE HAVE ONE LAST PIECE OF THIS CLEANUP REVISION REQUEST, THE, THE RED BOX.
AND THAT'S THE IDEA OF IN JUNE, ERCOT BRINGS FORWARD ALL THE GAPS THAT THEY FOUND THROUGH THE BUSINESS REQUIREMENTS AND INITIAL TESTING INTO KIND OF A, LET'S CLARIFY ALL THESE FINAL THINGS FOR GO LIVE.
AND THAT PRETTY MUCH BUTTONS PROTOCOLS UP FOR GO LIVE.
SO FROM A POLICY PERSPECTIVE, THAT'S WHERE THINGS SETTLE.
AND THEN IT'S WHAT'S HAPPENING WITH THE MARKET TRIALS AND MARKET TRIALS AS, YOU KNOW, SPIN UP, UM, IN DAYS, NOT WEEKS NOW, SO MAY 5TH WE'LL START THIS MARKET TRIAL SEQUENCE.
UH, WE'VE COMPLETED THE HANDBOOKS, UH, FOR ALL OF THEM EXCEPT FOR THE LAST TWO, WHICH IS THE LFC TEST.
SO THAT'S KIND OF OUR MARCH TO THE MARCH TO THE FINISH THAT WE HAVE.
SO AGAIN, JUST THANK YOU AGAIN FOR THOSE THREE NPRS, UH, THE STATE OF CHARGE NPR.
SO IT BEGAN DISCUSSIONS ON MARCH 25TH.
WE NITKA BROUGHT FORWARD A LOT OF SLIDES ON WHAT'S THE LOOKING BACK DATA THAT FRAMES OUT THE NEED FOR WHETHER IT'S A FOUR HOUR SERVICE, A TWO HOUR SERVICE, OR A ONE HOUR SERVICE.
AND WHAT IT LOOKS LIKE IF WE'RE DEPLETING THE CHARGE, WHAT IS THE PROPER DURATION REQUIREMENT? UM, SO AGAIN, THERE'S THAT FINAL CLARIFYING NPR THAT WE TALK ABOUT.
THE LAST THING I SHOULD HAVE PUT IN RED, THE ROAD TO THE FINISH ALSO INCLUDES LAST STOPS AT THE BOARD.
SO WHAT WE PLAN TO HAVE IS THAT, UH, STATE OF CHARGE ON THE TAC IN MAY 28TH.
AND THAT'S TO GET TO THE JUNE BOARD.
AND THAT WAY WE HAVE EVERYTHING DIALED IN FOR MARKET TRIALS.
IN PARALLEL TO THAT, OR AFTER THAT IS THE AUGUST PRS TO TAC IN AUGUST TO THE SEPTEMBER BOARD, THERE'S THAT BIG GAP IN BOARD MEETINGS.
SO THIS IS THE ONE, TWO IS WHAT'S LEFT BEFORE DECEMBER BECAUSE THE BOARD MEETING IN DECEMBER IS AFTER RTCB CO LIFE.
JUST A REMINDER, THIS IS KIND OF THE CONNECTIVITY TESTING.
THIS IS THE RUN THE MARKETS, YOU KNOW, FUNNY MONEY STUFF AND TELEMETRY TESTING.
AND THEN THIS IS THAT CLOSED LOOP TEST THAT WE'VE BEEN TALKING ABOUT.
SO I WANTED TO PAUSE AND JUST SAY ENGAGEMENT WISE, IT'S FELT
[01:40:01]
LIKE A ROADSHOW.I DON'T LIKE ROAD SHOWS, BUT THAT'S WHAT WE'VE BEEN KIND OF STEPPING INTO.
SO ONE OF THE THINGS WAS TO GET THE R-T-C-B-T-F WEBSITE SET UP WITH MORE TRAINING, MORE MATERIALS, HANDBOOKS, ALL IN ONE PLACE, A ONE STOP SHOP.
SO YOU'RE NOT GOING THROUGH OLD AGENDA ITEMS TO TRY TO FIND WHAT YOU NEED TO BE SUCCESSFUL IN MARKET TRIALS.
SO REALLY THIS HOMEPAGE FOR THE TASK FORCE BECOMES THE MARKET TRIALS HOMEPAGE ALSO.
SO JUST AS YOU START TO TALK WITH YOUR STAFF AND WHERE'S ALL THAT STUFF? ON THE ERCOT WEBSITE, ONE STOP SHOP IS WHAT WE'RE SHOOTING FOR.
SECONDLY, WE HAVE A MAILBOX SET UP.
IF YOU DON'T KNOW, YOU DON'T HAVE TO GO THROUGH ERCOT CLIENT SERVICES TO GET QUESTIONS ANSWERED ABOUT RTC.
THIS IS OUR HOTLINE BETWEEN US AND YOU ON YOUR MARKET TRIALS QUESTIONS OR DESIGN QUESTIONS OF HOW THINGS WORK.
UH, NEXT PIECE IS WE ARE TARGETING TO ADD MORE TRAINING VIDEOS.
WE WANNA PUT FIVE MORE OUT THERE.
AND WE'VE COVERED ALL OF THESE AT THE TASK FORCE RECENTLY.
WE HAVE ONE ON LOAD RESOURCES.
WE GAVE THAT TO DSWG, ALSO THE DAY HEAD MARKET.
WE COVERED YESTERDAY THE BATTERIES, HOW BATTERIES OPERATE IN THIS NEW MARKET.
AND THEN THE, UH, WORKSHEET SOLVER.
WE HAVE A HOW DOES PRICE FORMATION WORK WHEN YOU'RE CO-OP OPTIMIZING ENERGY.
AND AS, AND RYAN KING DID A WALKTHROUGH ON THAT THAT WE WANNA RECORD AND PUT OUT THERE.
SO WE HOPE THERE'S A LOT OF SELF-SERVE HIGH LEVEL CAPABILITIES AND WE KNOW THAT'S NOT GONNA GET RID OF THE MILLION QUESTIONS THAT ARE GONNA COME IN, BUT IT MAY HELP YOU CROSS POLLINATE HIGH LEVEL INFORMATION TO YOUR STAFF AND YOU DON'T HAVE TO IMPART ALL THAT.
IT'S WHERE THE IDEA OF THAT TRAINING IS ON YOUTUBE AND AVAILABLE.
AND WE'RE LOOKING FOR HIGH HIT RATES.
UM, THE NEXT ONE IS FOLLOWING GUIDANCE FROM THE, UM, TASK FORCE THEY RECOMMENDED.
'CAUSE WE'VE SAID RTCB TASK FORCE IS THE ALL ENCOMPASSING PLACE TO TALK ABOUT THIS.
BUT WITH THE DEMAND SIDE LOAD RESOURCES AND WHAT'S CHANGING, WE'RE ASKED TO DO A BIT OF A ROAD SHOW OVER TO THAT GROUP TO MAKE SURE THEY'RE AWARE OF WHAT'S IT LOOK LIKE TO HAVE A DAY AHEAD AWARD ON AS AND IF IT'S BEING REOPTIMIZE IN THE REAL TIME, HOW DO THEY PRESERVE THAT CAPABILITY? SO IT'S THINGS LIKE THAT THAT WE FELT THE OUTREACH WOULD HELP AND THEN POINT THEM BACK TO THE MARKET TRIALS.
I'VE ALSO JUST RUSHED OVER FROM THE OPERATOR TRAINING SEMINAR.
WE'RE ON WEEK FIVE OF SIX, SO THAT'S WHERE 800, UM, YOU KNOW, OPERATORS ARE THERE AT A COUPLE VIS PEOPLE SITTING BEHIND ME TODAY.
AND WE TALKED ABOUT RTC, SO WE'RE GETTING THE LANGUAGE OUT THERE.
THE OPERATORS ARE STARTING TO LEARN AT LEAST AT A HIGH LEVEL, UH, WHAT THE CHANGES ARE.
AND THEN ALSO, AGAIN, THE DSWG OUTREACH, UH, AND THEN THE TWG MEETINGS.
THE BUSINESS SIDE ON R-T-C-B-T-F, UH, TOMORROW IS THE TWG, THE TECHNOLOGY WORKING GROUP THAT STOOD UP TWO YEARS AGO.
THAT'S STILL THE BEST PLACE FOR PEOPLE TO TALK ABOUT DIGITAL CERTIFICATES, HOW TO GET REPORTS, ALL THE TECHNICAL DETAILS.
SO WE'VE KEPT THOSE AS SEPARATE THINGS ONCE WE'RE IN MARKET TRIALS.
I'M SURE THAT'LL BE IN THE WEEKLY CALLS.
BUT, UM, THAT'S THE OTHER FORM.
UH, AND THEN AGAIN, A REMINDER AND A THANK YOU FOR GETTING US TO WHERE WE NEED TO BE FOR MARKET TRIALS THAT START ON MAY 5TH.
SO WE DID SEND OUT THIS, UM, QUEASY READINESS IN MID-MARCH, WHICH IS A BELL RINGING TO SAY, DEAR QUEASY OR EVERYBODY, ARE YOU AWARE THAT YOUR COMPANY CAN YOU RESPOND TO ERCOT SAYING THAT YOU'RE AWARE THAT THE TESTING ENVIRONMENT IS ALREADY AVAILABLE? MARKET TRIAL HANDBOOKS ARE ALREADY AVAILABLE.
AND WITH THESE HANDBOOKS YOU NEED NEW TELEMETRY MARKET TRIALS, READINESS CALLS BEGINNING.
SO IT'S THIS BREAKDOWN LIST OF WHAT EVERYONE NEEDS TO BE READY TO DO.
WE'RE AT A HUNDRED PERCENT, EVERYONE CAME IN.
NOT EVERYONE'S THERE IN TIME FOR THE BOARD MEETING.
WE HAD EVERYBODY BUT THREE FOR THE BOARD MEETING IN THOSE LAST THREE, UH, CAME IN A FEW DAYS AGO.
AND SO THEN THERE'S THE MARKET NOTES I JUST SENT LAST WEEK, WHICH WAS TO ALL QUEASY WITH RESOURCES, MANDATORY REAL TIME COOPERATION PLUS BATTERY MARKET TRIALS FOR QUEASY WITH RESOURCES.
SO WHAT I DID IS WE SPENT SOME TIME ON THESE FOUR BULLETS TO HELP LAY OUT WHAT'S THE PROGRESSION OF THAT.
SO IF SOMEBODY'S LIKE, CAN YOU JUST TELL ME MARKET TRIALS IN A NUTSHELL? THAT VERBIAGE WAS VERY CAREFULLY CRAFTED IN TERMS OF SAYING MAY THROUGH JUNE IS INITIAL CONNECTIVITY TESTING.
JULY AND AUGUST IS BEGIN REAL TIME MARKET EXECUTION.
AND ALSO THE DISPATCH SIGNALS FOR QUEASY FOR A SUBSET OF RESOURCES TO ACTUALLY FOLLOW THIS UPDATED DESIRED SETPOINT.
AND THEN THE SEPTEMBER TO OCTOBER IS THE BRIEF PERIODS OF SYSTEM WISE CLOSED LOOP TEST.
SO AGAIN, IT'S JUST A WALK DOWN THE LINKS TO THE MARKET TRIALS PLAN, THE LINKS TO THE FIRST MARKET TRIAL, UM, CALENDAR ITEM THAT'S OUT ON THE WEBSITE.
AND THEN JUST IN TERMS OF THE HOUSEKEEPING, WHAT HAPPENED YESTERDAY AT THE TASK FORCE, UH, TIKA BROUGHT FORWARD THE DRAFT NPRR AND NOTAL OPERATING GUIDE REVISION.
WE'LL TALK ABOUT THAT ON THE NEXT SLIDE.
WE WENT THROUGH THE LAST FOUR HANDBOOKS.
[01:45:01]
ON THE CLOSED LOOP TEST, UH, REVIEW THE TRAINING MODULES.AGAIN, WE'VE ADDED TO THAT THE TWG UPDATES.
HOW IS ZER COP MAKING REPORTS AVAILABLE ARE NOT AVAILABLE BEFORE GO LIVE? IT'S IMPORTANT TO KNOW WHAT WE'RE NOT DOING.
UM, AND THEN WE'LL HIT ON THIS LAST PIECE IN A FEW MINUTES IS THE OTHER BUSINESS, WHICH IS, UH, WE'VE HAD A HUNT ENERGY PROPOSAL THAT'S COME AROUND A FEW TIMES.
IT'S THE IDEA OF WHETHER THE UNDERLYING A-O-R-D-C UH, CALCULATIONS ARE, UH, ACCURATE OR COULD BE IMPROVED.
SO IN TERMS OF WHAT'S COMING TO YOU AT THE NEXT MEETING, I DON'T LIKE TO SURPRISE Y'ALL.
UM, SO THIS NPR THAT NITKA IS FILING WILL BE IN THE NEXT FEW DAYS.
IT IS CLEARLY ARTICULATING THAT THE NON SPIN REQUIREMENT, YOU KNOW, KINDA THE QUALIFICATION REQUIREMENT SHOULD, WILL BE FOR FOUR HOURS TO QUALIFY FOR NONS SPIN.
YOUR CAPABILITY FOR ECRS IS WHAT CAN BE APPROVED OVER ONE HOUR.
SO THAT'S GOING FROM TWO TO ONE.
AND THEN REGULATION AND RESPONSIVE DURATIONS WILL BE CHANGED TO 30 MINUTES.
SO THAT'S THE TRAJECTORY WE'RE ON.
THAT'S WHAT'S IN THE NPR AS WELL AS THE NODAL OPERATING GUIDE.
UM, AND ALSO OFFERED TO THE GROUP IF THEY BELIEVE THAT THE PAST TWO MEETINGS WASN'T ENOUGH TO ANSWER THE QUESTIONS, WHETHER OR NOT WE NEED AN ADDITIONAL, UM, SPECIAL MEETING OR TWO HOUR WEBEX TO WALK THROUGH IT.
SO MY PHONE HASN'T BEEN RINGING OFF THE HOOK.
THERE'S A COUPLE PEOPLE SAID WE MAY NEED IT.
UH, BUT AGAIN, THIS GOES BACK TO, I WISH I HAD PUT IT ON THIS SLIDE, WHICH IS THE MARKED THE MARCH, UM, TWO BOARD APPROVAL IN JUNE.
LOOKS LIKE IT'S THE MAY 14TH PRS, THE MAY 28TH TAC AND THEN THE JUNE BOARD MEETING.
ALRIGHT, SO THEN THE LAST ITEM, UH, WAS HERE IS START CONSIDERING PARKING LOT ITEMS. UH, SOME OF THE MARKET DESIGN ISSUES KEEP COMING UP AND NEED A FUTURE FORM.
THE IDEA OF THE, AGAIN, THE HUNT ENERGY PROPOSAL AND THE UNDERLYING A-O-R-D-C UH, CALCULATIONS.
I'LL SAY THE IMM WASN'T THERE YESTERDAY, BUT THEY'VE HAD SOME THINGS THAT THEY'RE, UM, THIS IS CALLED, THERE'S SOME TENSION.
PEOPLE ARE LIKE, MAN, WE REALLY COULD, IF WE HAD MORE TIME, WE COULD DO SOME THINGS BETTER.
LIKE WE SHOULD CHANGE THE SHAPE OF THE AS C START FROM SCRATCH OR WE NEED LESS AS, UM, ON THE SYSTEM, OR WE NEED THIS LIKE BIG MARKET DESIGN THINGS.
AND THIS IS ONE OF THOSE THAT SAYS WHETHER THE A RDC SHOULD BE A HIGHER LEVEL IF YOU USE THESE DIFFERENT PARAMETERS.
AND SO THOSE ARE THINGS THAT, YOU KNOW, AS WE TRANSITION TO GO LIVE, THESE ARE POLICY ISSUES THAT ARE KIND OF SWIRLING AROUND.
I'D LIKE TO GET THEM BACK TO TAC AND DECIDE WHAT TO DO WITH THEM.
I WILL SAY IF THEY'RE NEEDED FOR GO LIVE, IT'S ALMOST BEST TO PUT 'EM BACK DOWN TO THE TASK FORCE BECAUSE IF YOU PUT IT SOMEWHERE ELSE, WE'RE NOT SUPPORTING ALL THE OTHER FORMS. WE'VE SAID WHAT WE NEED FOR GO LIVE IS IN THAT SINGLE FORM.
SO TO UM, BE ABLE TO HAVE THE RIGHT PEOPLE IN THE ROOM JUST BECAUSE SOMETHING GOES TO ANOTHER TASK FORCE, IT'S THIS RTC PEOPLE CONSTRAINT THAT WE HAVE THAT WE HAVE TO PROTECT AND HOLD THOSE, UH, FOLKS IN
WE'RE NOT CONTROLLING PEOPLE, BUT WE NEED THEM FOCUSED ON THE REAL TIME IZATION TESTING.
WE'RE RUNNING DAM AND SC EVERY DAY RIGHT NOW IN SOME CASES, UH, FOR OPERATING DAY TESTING THAT, BUT THERE IS KIND OF A LOCKDOWN OF THE MARCH TO GO LIVE IN TERMS OF TESTING QUALITY AND ANSWERING ALL OF YOUR QUESTIONS AS WE'RE, UH, IMPLEMENTING.
SO WITH THAT, I'LL PAUSE AND SEE IF THERE'S ANY QUESTIONS OR THIS PARKING LOT ITEM IS SOMETHING WE COULD TALK TODAY OR I'VE PLANTED A SEED AND WE TALK ABOUT THE NEXT MEETING.
LET'S, MAYBE LET'S TALK ABOUT THAT.
BUT WE HAVE A QUEUE OF QUESTIONS, BUT I'M GUESSING THE KIND OF THREE BIG TOPICS ARE GONNA BE THE STATE OF CHARGE, NPRR, THE PARKING LOTS, AND THEN, UM, THE A-O-R-D-C.
AND SO MAYBE I MIGHT REARRANGE THE ORDER OF THE, THE QUESTIONS DEPENDING ON, ON HOW THOSE DISCUSSIONS COME UP.
SO LET'S START WITH BILL BARNES AND MATT.
MINE'S ON THE CLARIFYING NPRR.
UM, THE ITEM THAT SAYS SETTLEMENT CHANGES CAUGHT OUR ATTENTION.
SINCE WE ARE IN THE PROCESS OF TRYING TO DEVELOP AND IMPLEMENT OUR, THE CHANGES TO OUR SETTLEMENT SYSTEMS. SO IT LOOKS LIKE JUNE, WE WOULD PREFER TO GET, IF POSSIBLE A PREVIEW OF WHAT THAT IS.
WE'VE ALSO ASKED FOR AN UPDATED SETTLEMENT CHARGE MATRIX, WHICH HAS NOT BEEN HAP WHICH HAS NOT HAPPENED YET.
SO IT, WE WOULD LIKE THAT INFORMATION ON WHAT'S CHANGING WITH THE SETTLEMENT SYSTEM OR WHATEVER IS GONNA BE IN THE CLARIFYING NPR SOONER RATHER THAN LATER.
SO IF THERE'S ANYTHING THAT WE NEED TO INCORPORATE IN OUR SYSTEMS, WE CAN DO THAT INSTEAD OF WAITING UNTIL, UH, LATER.
BOB HILTON, I GOT A COMMENT ON EACH OF THE TWO HERE.
ON, ON, ON THE, UH, THE NPRR AND THE NOGO TO BE FILED IN COMING DAYS.
I, I, I THINK I SAID YESTERDAY, I, I THINK THIS NEEDS TO GO TO A VOTING GROUP NOW SO WE COULD GET IT GOING BECAUSE I DON'T THINK THIS IS GONNA GO QUIETLY IN THE NIGHT.
UH, AS IT MOVES THROUGH THE PROCESS, I KNOW THERE'S, WE'RE LOOKING AT FILING SOME OTHER COMMENTS, UH, SOME OTHER THINGS COMING UP.
[01:50:01]
NOT SURE IT'D BE WELL SPENT TIME TO REALLY DO THAT AT THIS POINT.MAYBE LATER IF WE CAN GET TOGETHER, TRY TO COME TO A COMPROMISE ON SOMETHING.
BUT I, I DON'T SEE THAT RIGHT NOW.
UH, THIS IS A VERY GOOD CONCEPT AND I WON'T GO INTO THAT 'CAUSE I DON'T WANNA HOLD ANOTHER, ANOTHER RTC PLUS B, BUT THERE WERE ISSUES WITH THE WAY WE DID THE ORDC ORIGINALLY, AND I AGREE WITH WHAT SHAMS IS DOING THERE.
NOW, ONE THING I FULLY AGREE WITH, MATT, IS WE DON'T WANT TO QUA FUNK YOUR PEOPLE, UH, SO THAT, UH, WE WANNA KEEP THEM WORKING ON WHAT WE WANT AND KEEP THAT MOVING FORWARD.
BUT THIS IS SOMETHING THAT NEEDS TO BE LOOKED AT.
AND AS WE DID, IF YOU REMEMBER WHEN WE DID THE ORIGINAL RTC, THIS IS KIND OF THE WAY WE DID IT.
WE MOVED THE PARKING LOT ISSUES OVER TO WMS OR SOMEWHERE ELSE FOR LATER.
SO I THINK THIS IS A PERFECT WAY TO DO IT AND I, I, I WOULD LIKE TO SEE TAC UH, REMAND GO AHEAD AND JUST REMAND THIS PARKING LOT ITEM OVER TO BLAKE AND, AND THEM AT, UH, AT WMS TO START TAKING A LOOK AT IT AND THEN SEE, I MEAN, THERE'S NOTHING TO IT.
NOT A LOT OF STUDIES NEED TO BE DONE.
AND IT CAN BE DONE BY, BY THE TIME WE GET TO GO LIVE, GREAT.
IF IT'S NOT A LOT OF STUDIES HAVE TO BE DONE SOME OTHER THINGS, THEN WE HAVE TO LOOK AT THAT AND SEE WHEN WE WOULD BE ABLE TO DO THAT BASED ON ALL THE OTHER, OTHER, UH, PRIORITIES WE HAVE.
ON THE STATE OF CHARGE AND PRR, SO THAT WILL BE FILED SOON.
AND THE PLAN WOULD BE ONE STOP AT PRS WITH URGENCY IN MAY, AND THEN ONE STOP AT TECH IN MAY.
AND SO YOU WOULD THINK ABOUT MAYBE HAVING A R ADDITIONAL RTC IN BETWEEN FILING IT AND MAY PRS IF THAT WOULD HELP? THAT'S THE QUESTION.
WE'VE BEEN, WE HAVEN'T BEEN HIDING THESE NUMBERS.
THE NUMBERS ON THE SCREEN, FOUR HOUR, ONE HOUR, 30 MINUTE, THOSE HAVE BEEN IN THE FIELD OF PLAY.
WE'VE HAD THE PRESENTATIONS TO SUPPORT THAT.
IF WE HAVE A MEETING, WE WOULD, ERCOT WOULD AGAIN SHARE IT, BUT WHAT WE WANTED TO DO WAS TO FILE IT SOONER.
SO IF THERE'S COUNTER PROPOSALS OR SOMETHING ELSE, THE IDEA IS IF WE FILE IT BY THE END OF THIS WEEK OR EARLY NEXT WEEK, THEN THERE'S THIS, UM, DURATION BEFORE PRS TO SEE WHAT COMES IN AS FILED.
AND IF 20 COMMENTS COME IN, WE PROBABLY NEED TO HAVE A TASK FORCE MEETING.
IF IT'S SILENT, WE PROBABLY DON'T NEED A TASK FORCE MEETING.
SO WHAT I'M HEARING IS A COUPLE OF HERE AND THERES OF, WE MAY HAVE SOME CONCERNS, BUT WE'RE NOT SURE YET.
ARE THOSE QUALIFICATION NUMBERS OR ARE THOSE STATE OF CHARGE COMPLIANCE NUMBERS? BOTH.
I CAN LEAN ON NITKA IF YOU WANTED TO KIND OF PULL BACK A LITTLE BIT THE DETAILS.
I JUST, YEAH, IT'S JUST THAT ONE QUESTION.
THE NPRR AND NO, WE SUBMIT WILL ALIGN DURATION.
BOTH FOR REAL TIME AND QUALIFICATION, SO, OKAY.
OKAY, SO THE NEXT, SO THE MAY PRS IS MAY 14TH, THE NEXT SCHEDULED RTC IS MAY 21ST.
SO AS YOU'VE SAID, NITKA HAS PREVIEWED THIS A COUPLE TIMES.
SO, SO PEOPLE REACH OUT TO YOU IF THEY THINK THIS REQUIRES ANOTHER RTC THAT WOULD BE A NON-VOTING ITEM.
BUT THEN WE WOULD JUST HAVE THE VOTING ITEM AT PRS AND THEN THE VOTING ITEM ATTACK.
UM, ACTUALLY I THINK BOB COVERED THE SAME TOPICS.
I WAS GONNA SAY, UH, SUPPORT MOVING THE PARKING LOT ITEMS OVER TO WMS FOR, YOU KNOW, KICKING THE TIRES AND, AND SEEING WHAT'S THERE.
UM, AND I, I THINK IT'LL PROBABLY FIT NEATLY INTO SOME OF THE, THE DISCUSSION THAT WE'LL HAVE IN THIS AFTERNOON'S WORKSHOP AS WELL AND KIND OF, YOU KNOW, BE A, UH, THAT MAY BE A GOOD FRAMEWORK FOR EVALUATING WHERE, WHERE TO SPEND, YOU KNOW, WHERE THE FOLKS TIME AND RESOURCES ARE BEST SPENT.
AND SO THE THOUGHT THERE IS THAT EVENTUALLY WE WOULD SUNSET THIS TASK FORCE, SO THE POST GO LIVE THINGS WE'LL START MOVING SORT OF TO WHERE THEY WOULD REGULARLY LAND IN THE PROCESS INSTEAD OF THIS TASK FORCE.
AND THEN ERCOT WILL JUST ADVISE, DO WE HAVE TIME TO WORK ON THIS ONE BEFORE GO LIVE OR NOT WHILE IT'S AT WMS. OKAY.
YEAH, ACTUALLY THAT WAS MY QUESTION.
I WAS GONNA ASK ABOUT, YOU KNOW, WHEN WE WERE GONNA SUNSET THE TASK FORCE, SO SOUNDS LIKE CLOSE TO THE END OF THE YEAR, IF YOU CAN HAND THINGS OFF OR EARLY NEXT YEAR, IF YOU CAN HAND THINGS OFF, IS THAT RIGHT? YEAH, SO WHEN I DID A WIND DOWN OF THE ORIGINAL TASK FORCE, IT WAS THE DEVELOPED PROTOCOLS AND HERE'S THOSE LEFTOVER ITEMS. THEY WERE THE PARAMETERS LITERALLY ON THAT SPREADSHEET.
AND WE HAD THOSE EIGHT THINGS THAT WERE THERE.
[01:55:01]
I DON'T WANNA WAIT UNTIL DECEMBER AND HAND YOU THE LIST.IT'S THE, THIS IS NUMBER ONE ON THE LIST AND WHAT OTHER POLICY ISSUES ARE BEING SETTLED OUT, THE IMPLEMENTATION ISSUES, WE'RE GONNA TRIAGE THROUGH THE REST OF THE THINGS.
SO WE NEED THE TASK FORCE THROUGH GO LIVE AND PROBABLY A MONTH AFTER GO LIVE.
AND, BUT I DO WANT TO KIND OF PROVIDE THESE PARKING LOT ISSUES FOR CONSIDERATION, REASSIGNMENT FOR WHERE THEY MAY NEED TO GO AFTER GO LIVE.
SO IT CAN BE A LIVING LIST ABSOLUTELY.
THAT I CARRY FORWARD IN EVERY APPENDIX OF THESE MEETINGS, IF THAT HELPS.
MATT, I AGREE WITH WHAT YOU'RE SAYING A HUNDRED PERCENT.
I JUST WANNA MAKE SURE THAT, YOU KNOW, WE DON'T END UP WITH SOMETHING THAT DOESN'T GET CARRIED OVER SOMEWHERE.
UH, JUST TO ECHO SOMETHING THAT MATT SAID, AND, AND, UM, BOB AND, AND NED SORT OF TOUCHED ON AS WELL, IS WE, WE ARE ENTERING A PERIOD OF RESOURCE CONSTRAINTS AND SIGNIFICANT RESOURCE CONSTRAINTS IN TERMS OF MOVING AND MARCHING TOWARDS IMPLEMENTATION OF, UH, THE RTC UM, PLUS B GO LIVE.
AND SO A LOT OF THE RESOURCES THAT WE UTILIZE IN ANALYSIS AND EVALUATION, UM, ARE GOING TO BE MOVING OVER TO, UH, THE RTC IMPLEMENTATION.
SO WE HAVE A SCARCE AMOUNT OF RESOURCES TO FOCUS ON OTHER ITEMS. AND SO I I, I CAN'T UNDERLINE THAT ENOUGH, UH, TO ENSURE A SUCCESSFUL IMPLEMENTATION IN DECEMBER.
SO, UM, YOU KNOW, OBVIOUSLY MOVING PARKING LOT ITEMS IS, IS GREAT.
UH, BUT, BUT I DO WANT TO ACKNOWLEDGE THAT, UH, THERE IS A, UH, RESOURCE LIMITATION THAT WE ARE, UH, ESSENTIALLY NOW ENTERING INTO.
DOES THAT, THERE ARE OTHER ITEMS OBVIOUSLY THAT WE'LL BE WORKING ON, BUT, BUT THIS IS A, A NOTABLE, UH, WE'RE, WE'RE ENTERING INTO THAT CRITICAL PERIOD AND JUST WANNA MAKE SURE THAT WE'RE AWARE OF THAT.
MATT, DO YOU HAVE ANYTHING ELSE? OH, I'M SORRY.
OKAY, LET'S GO TO, WHERE ARE WE NOW? UM,
[14. ERCOT Reports]
WE'RE ONTO ERCOT REPORTS, UH, OUTAGE COORDINATION, OUTAGE CAPACITY CALCULATION AND PROCESS UPDATE WITH FRED.UH, THIS IS FRED HONG WITH ERIKA.
SO TODAY I'M KIND OF, UH, KIND OF A FULL UPDATE BASED ON THE PREVIOUS MONTH'S DISCUSSION.
SO REALLY THE PURPOSE TODAY IS KIND OF PROVIDE A HIGH LEVEL OVERVIEW ABOUT THE 20 23, 20 24 OUTAGE PERFORMERS WE OBSERVED.
AND ALSO PROVIDE UPDATE ABOUT THE RISK BASED ASSESSMENT WE DISCUSSED LAST MONTH AS WELL ABOUT, AND ALSO SHOWING A PRELIMINARY RESULT.
AND REALLY THE KEY TAKEAWAY, UH, THROUGH THE WHOLE PROCESS IS, UH, A LOT OF DISCUSSION ABOUT A LOAD OF GROWTH ALREADY.
SO CONSIDER THE LOAD OF GROWTH, UM, MOVING FORWARD AND OUR PROCESS TO CONSIDER THE NEW GENERATION, UH, BASED ON THE CRITERIA.
CERTAINLY WE RECOGNIZE, I SAY IT IS OBVIOUSLY RECOGNIZED, THE GREATER CAPABILITY PROVIDED THE NEEDED OUT CAPACITY, UH, START TO BE A CHALLENGE.
SO CERTAINLY A NEW GENERATION OR MORE FLEXIBLE DEMAND RESPONSE WILL HELP TO PROVIDE MORE OUT CAPACITY.
UH, ON THE OTHER SIDE, IF THERE'S, UH, SOME FLEXIBILITY TO HAVE A MORE DYNAMIC, UH, OUTAGE MOVEMENT AS NEEDED.
UH, BUT WE TRY TO SUPPORT US, UH, AS WELL.
SO THIS KIND OF, WE PRESENTED A LATER LAST YEAR ABOUT THE 2023, UH, THE FOCUS ON THERMAL RESOURCE, UH, PLAN OUTAGE PERFORMANCE.
SO ON THE CHART YOU WILL SEE THE, UH, LIGHTER BLUE IS THE M-D-R-P-O-C APPLIED.
UH, WHEN WE TRY TO EVALUATE AND ACCEPT THE RESOURCE PLAN, OUTAGE REQUEST, THE GRAY ONE IS THE APPROVED, UH, PLAN OUTAGES.
AND THEN THE DARK BLUE ONE IS, UH, UH, INCLUDE THE PLAN OUTAGE.
AND SOMETIMES YOU DO IDENTIFY WHEN YOU DO THE OUTAGES, YOU NEED EXTRA TIME TO ALSO FIX ANY, IDENTIFY THE ISSUE DURING OUTAGE, UH, PROCESS.
SO WE CALL IT, UH, EXTENDABLE, UH, PLAN OUTAGE DURATION.
SO WE TRY TO, UH, IDENTIFY ALONG WITH THE PLAN OUTAGES.
SOMETIMES YOU DO NEED EXTRA TIME
[02:00:01]
TO SUPPORT, UH, YOUR ENTIRE OUTAGE.SO WE TRY TO EVALUATE THE PERFORMANCE AS WELL.
I THINK A HIGH LEVEL TAKEAWAY IS, UM, AT LEAST THE, THE CALCULATED M-D-R-P-O-C WE APPLY, UH, AGAINST, UH, COMPARED TO THE ACTUAL OUTAGES, UH, WE PROVIDED A SUFFICIENT WINDOW FOR 2023.
AND MOVING TO THE 2024 IS A SIMILAR CONCEPT.
UM, I THINK IT WOULD JUST COMPARE TO THE MDRC PROVIDED, UH, AGAINST THE APPROVAL PLAN OUTAGE IN 2024.
UH, M-D-R-P-O-C PROVIDED APPROXIMATELY, UH, EXTRA PRETTY GOOD, UH, HEALTHY MARGIN.
UH, EVEN WE CONSIDER IF OUTAGE IS SUBMITTED ALREADY, INCLUDE A PLAN, UH, EXTENSION IF THAT'S THE CASE.
UH, M-D-R-P-C STILL PROVIDED SUFFICIENT OUTAGE WINDOW AND UNDERSTAND THERE'S A LOT OF, UH, FEEDBACK AND A LOT OF DISCUSSION LAST MONTH.
SO WE WILL TRY TO, UH, IDENTIFY A WAY TO MAKE THIS ON DATA.
SO I KIND OF GO BACK TO KIND OF WHEN WE TRY TO EVALUATE, UH, THE RESOURCE OUTAGE CAPACITY, UH, NEEDED TO SUPPORT A GRID.
UH, OBVIOUSLY FROM THE GRID SIDE IN THE OPERATIONS, UH, WE JUST TRY TO MAKE SURE WE HAVE SUFFICIENT GENERATION TO MEET OUR DEMAND.
BUT I RECOGNIZE REALLY ON THE RESOURCE SIDE, UH, WE ALSO NEED TO IDENTIFY, CAN WE PROVIDE A SUFFICIENT
SO IT'S REALLY THE, THE BALANCE.
WE TRY TO LOOK AT IT ALL THE TIME.
SO THIS KIND OF SUMMARY, KIND OF ANOTHER WAY TO HIGHLIGHT IT.
UH, WHEN, WHEN WE TRY TO EVALUATE OUT CAPACITY, THE, THE MAJOR FACTOR COULD AFFECT HOW WE CAN CONSIDER THE OUTAGE CAPACITY IS THE LOAD OF GROWTH, THE GENERATION OF, UH, THE COMMITMENT.
AND OBVIOUSLY WITH ALL THE GRID MOVE IN
THAT IS ANOTHER ONE WE TRY TO TAKE INTO ACCOUNT AS WELL.
SO THESE ARE THE ONE WE TRY TO IDENTIFY WAYS TO HOW WE CAN PROVIDE A SUFFICIENT ALTITUDE WINDOW.
SO I THIS KIND OF REPEAT OF WHAT WE PRESENT LAST TIME, I, I THINK THAT THE, OUR CURRENT APPROACH IS A DETERMINISTIC APPROACH, UH, PRIMARILY BASED ON HISTORICAL PERFORMANCE.
SO THIS APPROACH TYPICALLY WORKS PRETTY WELL FOR A GREAT KIND OF SMOOTHLY INVOLVED OVER THE YEARS.
BUT WITH THE, UH, THE FAST CHANGE, UH, IN OCA FOOTPRINT, UH, WITHOUT SEE THE CHALLENGES, UH, TO COME OUT, UH, A GOOD METHODOLOGY, USE A ISTIC APPROACH, UH, WITHOUT PROVIDING KIND OF INDICATOR ABOUT THE RISK WITH ALL THIS ADJUSTMENTS, THAT'S REALLY THE DRIVER FOR US TO GO INTO THE RISK BASED, UH, CONSIDERATIONS.
SO, UH, I WOULD SAY THIS SLIDES KIND OF A LOT OF DISCUSSION LAST MONTH ABOUT, UH, CONSIDERATION OF ENERGY STORAGE RIGHT NOW.
SO AS I, UH, WE MENTIONED LAST TIME OUR CURRENT APPROACH, UH, WAS DEVELOPED ABOUT, UH, ONE HALF, TWO YEARS AGO.
SO A LOT OF TIME THE CONSIDERATION FOR THE ESR WAS CONSIDERED ZERO, UH, BUT RECOGNIZE THE, UH, CAPACITY INSIDE AND IN THE QUEUE.
UH, CERTAINLY THE CONSIDERATION IS IMPORTANT, UH, FROM THE ENERGY STORAGE RESOURCE.
SO I THINK THAT THE PROPOSAL HERE IS THE, OUR CURRENT CONSIDERATION FOR THE ESR REALLY WE REVIEW THE, UH, THE CDR REPORT, WE REVIEW THE ACTUAL REAL TIME PERFORMANCE AND TO SEE WHAT IS A REASONABLE CONSIDERATION, UH, CONSIDER WHEN WE CALCULATE THE OUTAGE CAPACITY.
SO THIS IS, I WOULD SAY, UM, OUR CURRENT, UH, ASSUME THE ESR CONTRIBUTION IN OUR RISK-BASED ASSESSMENT.
SO IN 2025, WE CONSIDER 50% AND, UH, WE START TO SEE A DECLINE, UH, OVER THE 2030.
AND, UH, IT'S BASED ON THE TOTAL INSTALLED AND THE PLAN CAPACITY.
SO THE SLIDES HERE, JUST TRY TO HIGHLIGHT IT.
UH, THE CHART ON THE UPPER LEFT IS OUR CURRENT EX, UH, POST M-D-R-P-O-C, WHICH WE ARE USING RIGHT NOW.
AND, UH, BASED ON THE CURVE AND BASED ON ON TOP OF IT, YOU PLUG IT INTO THE LOAD FORECAST, UH, WITH THE PRETTY DECENT, UH, LOAD OF GROWTH IN THE FUTURE YEARS, CERTAINLY YOU TO YOU START TO SEE, UH, THE RISK IF WE CONTINUE PROVIDE, UH, I WOULD SAY A LOT OF CAPACITY AND ASSUME THOSE CAPACITY ARE FULLY UTILIZED, THEN WHAT IS THE RISK, UH, TO MAINTAIN THE TARGETED RESERVE.
AND, UH, I THINK FROM THE RISK NUMBER, I THINK A, A WAY TO, TO ITERATE
[02:05:01]
THE RISK NUMBER, YOU CAN, UH, SEE IF THE RISK IS 5% IS, UH, INDICATES, UH, APPROXIMATELY YOU COULD EXPECT LAY OUT FIVE DAYS IN THAT SEASON.UH, WE MAY NOT BE ABLE TO MAINTAIN THE TARGET RESERVE NUMBER, UH, FOR THE REAL TIME OPERATIONS AND A LOT IS LIKELIHOOD POTENTIALLY TO TRIGGER THE A A N UH, THE, SO THAT'S KIND OF WAY WE TRY TO PUT A, A RISK LABEL INDEX.
SO WITH A LOT OF LOADED DISCUSSION EARLIER, SO NOT SURPRISE AFTER 2026, YOU DO SEE, UH, THE RISKS CONTINUE TO, UH, START TO INCREASE PRETTY BIG.
AND UH, AGAIN, I WANT TO HIGHLIGHT IT, THIS IS NOT A ONE TIME CALCULATION.
I THINK THE WAY THE PROCESS SET UP RIGHT NOW IS WE WILL UPDATE THIS PROCESS REGULARLY, REALLY TRY TO TAKE IT INTO ACCOUNT IF THEY ARE NEW GENERATION COMMITMENT, UH, BE KIND OF POSITIVE CRITERIA, THEN WE WILL ADD A LOT ONE AND REVISE THE M-D-R-P-O-C AND UPDATE IT.
BE TRANSPARENT FOR THE STAKEHOLDERS.
I BELIEVE RIGHT NOW IS TWICE A DAY, UH, AND WE DO THAT ONE EVERY DAY.
SO I WOULD SAY MAYBE GO BACK TO THIS ONE.
SO FOR, FOR THIS ONE, YOU CAN SEE FOR 2025, THE AVERAGE G RISK, UH, FOR 2025 IS APPROXIMATELY LIKE A 5% IS KIND OF EQUIVALENT TO LIKE A SPRING AND SUMMER, UH, SPRING AND THE FALL, WHICH IS LTG SEASON, THAT'S KIND OF EQUIVALENT TO POTENTIALLY LAYER DEPEND ON THE WEATHER, BUT IT'S PROBABLY LIKE A PLUS MINUS 10 DAYS.
UH, WE COULD SEE THE POTENTIAL CHALLENGE TO MAINTAIN THE TARGET RESERVE THAT'S KIND OF EQUIVALENT TO POTENTIAL NUMBER OF A N WE MAY CONSIDER, UH, JUST TRY TO MAKE SURE WE HAVE ENOUGH CAPACITY FOR THE FORECAST OF DEMAND NEAR TERM.
SO WE GO BACK TO, UH, HISTORICAL.
THE AAN WE HAVE ISSUED, UH, SINCE 2023, SO YOU CAN SEE THE NUMBERS AND OBVIOUSLY THE LAST SUNDAY, WHICH HAS ISSUED ANOTHER ONE.
SO ROUGHLY SPEAKING, UH, EVERY JULY, YOU CAN SEE ON A YEARLY BASIS WE ARE THINKING WE HAVE OBSERVED EXPERIENCE OF PROBABLY EIGHT TO 10, UH, AANS.
SO THIS KIND OF HELP US TO BENCHMARK OUR SELECT RISK BASED ON OUR RISK BASED, UH, APPROACH
SO WHAT WE TRY TO PROPOSE HERE AS KIND OF MOVE TO THE RISK-BASED M-D-R-P-O-C DETERMINATION IS I THINK OUR OBJECTIVE IS REALLY MAINTAIN A, A SELECTED RISK LABEL WHEN POSSIBLE.
AND WHEN POSSIBLE MEANS LIKE, UH, LIKE THE RISK LABEL NEED TO PROVIDE A SUFFICIENT
SO WHAT, UH, SO THIS IS KIND OF THE EXAMPLE BASED ON OUR LATEST RUNS IS FOR YEAR ONE AND THE TWO, WHEN WE RUN A RISK BASED ASSESSMENT, LET'S SAY OUR SELECTED RISK LABEL IS 5% EQUIVALENT TO 5:00 AM POTENTIALLY, UH, SAY IF OUR TARGET IS THE 5%, I THINK OUR, WE WILL CALCULATE THE M-D-R-P-O-C AT A 5% LABEL WHAT THE M-D-R-P-O-C WOULD LOOK LIKE.
THEN WE WILL LOOK AT THE M-D-R-P-O-C COMPARED TO THE 2024 EXTRA OUTAGE PERFORMANCE TO MAKE SURE THAT THE CALCULATOR M-D-R-P-O-C WILL BE LARGE ENOUGH TO SUPPORT THE 2024 OUTAGES OCCURRED IN THE LAST YEAR.
AND IF NOT SUFFICIENT ENOUGH, WE WILL RELAX THE M-D-R-P-O-C TO MAKE SURE WE PROVIDE LOT NEEDED OUT CAPACITY BASED ON HISTORICAL PERFORMANCE.
AND OBVIOUSLY BY RELAXED M-V-R-P-O-C, IT JUST PROVIDE, UH, INCREASE RISK.
BUT I, WE THINK LEE IS A GOOD INFORMATION.
IN A WAY, WE WILL CONTINUE IDENTIFY WAY TO PROVIDE A SUFFICIENT OUTAGE WINDOW, BUT WE ARE ABLE TO ALSO HIGHLIGHT THE POTENTIAL RISK, UH, IN CASE WE MAY SEE POTENTIAL INCREASE OF A A A.
BUT ON THE OTHER SIDE, IF WE HAVE MORE GENERATION COMMITTED OR SOME SYSTEM IMPROVEMENT CAN BE CONSIDERED TO RELATE TO HELP IMPROVE M-D-R-P-O-C, IT WILL BE INCLUDED IN A REGULAR BASIS.
SO THIS IS KIND OF, AGAIN, PRELIMINARY RESULT AS KIND OF RUN BY THROUGH THE, THE PRINCIPLE I SHOW YOU A PREVIOUS SLIDE.
SO THE PRELIMINARY RESULT SHOWS, UH, THAT IS 2025.
WE ARE ABLE TO MAINTAIN THE TARGET OF, SAY, SELECTED RISK LABELS 5% AND A LOT OF 5% M-D-R-P-O-C RISK.
UH, IT DOES PROVIDE A SUFFICIENT TAGE WINDOW, AND WE DO SEE AFTER 2026, UH, LATER BECAUSE OF
[02:10:01]
THE LOAD GROWTH.UH, SO WE ARE NOT ABLE TO MAINTAIN THE SELECTED RISK LABEL AS A RESULT THAT WE, UH, RELAX THE M-D-R-P-O-C TO ADD LEAST EQUAL TO THE 2024 EXTRA S AND, UH, THE ASSOCIATED RISK LABEL, UH, IS SHOWING ON THE TOP RIGHT THE TABLE.
AND LIKE I SAID EARLIER, UH, WE, WE UPDATE M-D-R-P-O-C REGULARLY TO ENSURE WE TAKE IT INTO THE LATEST SYSTEM, UH, IMPROVEMENTS INTO ACCOUNT.
AND ON TOP OF IT, WE DO GET A LOT OF FEEDBACK ABOUT THE CURVE.
UH, RIGHT NOW IS KIND OF NOT VERY SMOOTH AND, UH, HAVE SOME CHALLENGES FOR THE, I WOULD SAY, RESOURCE ENTITY TO SCHEDULE IT.
SO WE ALSO, UH, PROBABLY NEED TO ROOM IN A LITTLE BIT, BUT THE CURVE HERE, UH, THE GRAY ONE IS A, THE UPDATED ONE.
IF THIS ONE, THIS METHODOLOGY IS ADOPTED, UH, WE TRY TO USE, UH, UH, SEVERAL SMOOTH TECHNIQUES TO, UH, SMOOTH THAT THE TRANSITION.
HOPEFULLY, UH, WE'LL REDUCE THE CHALLENGE ON YOUR SIDE AS WELL.
SO IN TERMS OF NEXT STEPS PER THE PROTOCOL REQUIREMENTS, UH, FOR THE REVISION FOR THE METHODOLOGY, UH, WE WILL NEED TO ISSUE A MARKET NOTICE AND, UH, HAVE A STAKEHOLDERS COMMENT, UH, FOR AT LEAST TENDER, UH, REVIEW PERIODS.
AND THEN WE'LL RESPOND AND ADDRESS THOSE COMMENTS.
AND THEN WE WILL GO TO THE BOARD, DELIVER FOR THE REVIEW AND APPROVAL.
AND I UNDERSTAND THERE IS A SCHEDULED W-W-M-W-G, AND, UH, WE DEFINITELY, NOT ONLY AT THAT TIME, BUT EVEN BEFORE, IF YOU ALL HAVE ANY SUGGESTIONS OR COMMENTS, PLEASE LET US KNOW.
WE'LL BE VERY HAPPY TO WORK WITH YOU.
AND SIMILARLY, WE MAY ALSO, WE ARE ALSO GOING TO SUBMIT NPRR, UH, MAINLY FOCUS ON THE ONE WE PRESENT LAST MONTH ABOUT SOME SPATIAL CONDITION, FOR EXAMPLE, GAS PIPELINE LIMITATION OR SOME SUPPORTER NEW GENERATION, UM, CONSTRUCTIONS.
THOSE, UH, SPATIAL, UH, EXEMPTIONS WILL PUT INTO THE NPRR TO ALLOW AND SUPPORT OUTAGES, UH, UNDER THE CONDITION IF WE NEED TO EXCEED M EXCEED M-D-R-P-O-C.
UH, FIRST IS ROY TRUE? YEAH, FRED, UM, UH, I GUESS A, A COMMENT REGARDING, UH, YOU'RE TALKING ABOUT THE INCREASED RISK ON THE OUTLYING GEARS THERE.
I GUESS THERE THERE'S A RISK, UH, THAT YOU'RE NOT GONNA HAVE ADEQUATE SPACE TO, UH, ALLOW, UH, PLANNED OUTAGES, BUT I THINK THERE'S ALSO A RISK THAT IF YOU DON'T HAVE ADEQUATE PLANNED OUTAGES, YOU CAN END UP WITH FORCED OUTAGES INSTEAD, WHICH MAY BE EVEN LESS DESIRABLE.
UM, AND I JUST HAD A, A QUESTION ABOUT, UH, ON SLIDE EIGHT, YOUR ESR CONTRIBUTION, YOU WERE REFERRING TO, UH, THE CDR AND I THINK IN THE CDR YOU HAD TAKEN, UH, ALL OF THE RESOURCES THAT YOU WERE LOOKING AT THEIR EFFECTIVE LOAD CARRYING, UH, CAPACITY.
IS, IS THAT WHAT YOU'RE SHOWING HERE IN THIS PLANNED CAPACITY, UH, GRAPH? YEAH, I THINK THAT IS ONE OF THE KEY INPUT FOR US TO MAKE, UH, THIS KIND OF PROPOSED ESR CONTRIBUTION.
IF YOU LOOK AT A CDR, UH, ESPECIALLY FOR THE, UH, ONE HOUR, TWO HOUR DURATION COMBINED TOGETHER, UH, THE, UH, EOCC CONTRIBUTION SHOULD BE VERY SIMILAR TO THE TABLE, UH, THE CHART WE SHOW ON HERE.
OKAY, NED, THANK YOU, CAITLYN, AND THANK YOU FRED FOR, FOR BRINGING THIS TO US.
UM, AND I, YOU KNOW, CERTAINLY APPRECIATE THE, THE BALANCE THAT, THAT ERCOT IS TRYING TO STRIKE WITH, UH, WITH MANAGING THE RELATIVE RISK HERE.
I DO AGREE WITH WHAT ROY JUST, UH, MENTIONED AND, AND WOULD SUGGEST THAT AS, YOU KNOW, WE MOVE FORWARD ON THIS, WE, WE THINK ABOUT THE RELATIVE RISKS.
YOU KNOW, YOU KNOW, MAINTAINING A LOW RISK OF AN A A N IS PERHAPS LESS IMPACTFUL THAN A HIGHER RISK OF, YOU KNOW, FORCED OUTAGES OR, UM, YOU KNOW, RUNNING IN AND THE CONSEQUENCES THAT COULD HAVE DURING ACTUALLY TIGHTER GRID CONDITIONS.
SO THAT'S A, THAT'S A RISK TRADE OFF THAT I DON'T THINK WE, WE WOULD WANT TO DELIBERATELY MAKE.
AND, AND SO BE THOUGHTFUL IN, IN HOW WE, WE ADDRESS THAT.
UM, I, I ALSO, YOU KNOW, WOULD BE REMISS IF I DIDN'T FLAG, YOU KNOW, WHILE I REALLY APPRECIATE THE, THE INTENT TO AT LEAST MAINTAIN THE LEVEL OF 2024 ACTUAL, UH, PLANNED OUTAGE CAPACITY, YOU KNOW, IT'S,
[02:15:01]
IT REALLY STANDS OUT TO ME THAT IS BELOW, WELL BELOW WHERE THE, YOU KNOW, THE ALLOWED OUTAGE CAPACITY WAS.AND EVEN WITHIN THAT TIMEFRAME, YOU KNOW, WITHIN THIS LAST YEAR IS WHERE WE REALLY STARTED TO SEE, UM, YOU KNOW, I'VE SAID BEFORE, IT'S THE CANARY IN THE COAL MINE.
WE'VE REALLY SEEN, YOU KNOW, THAT THE, THE, THE BIRD FALL OVER OR COME CLOSE TO FALLING OVER A COUPLE TIMES WHERE, YOU KNOW, IT WAS A LITTLE BIT TIGHT TO GET IN, UM, YOU KNOW, OUTAGE CAPACITY.
SOMETIMES IT'S BECAUSE, YOU KNOW, THERE'S, YOU KNOW, YOU MIGHT HAVE ENOUGH HEADROOM AND, YOU KNOW, SAY TWO THIRDS OF THE DAYS AND, AND NOT QUITE AS MUCH IN THE OTHERS.
AND WE MIGHT BE ABLE TO ADDRESS THAT BY, SAY, AVERAGING ACROSS THE OUTAGE PERIOD.
AND, AND MAYBE THAT'S SOME OF THE SMOOTHING THAT, THAT YOU'RE CONSIDERING.
UM, SO, YOU KNOW, THERE'S, THERE'S OTHER THINGS THAT COULD HELP WITH, WITH MANAGING THAT.
BUT, UM, YOU KNOW, JUST GIVEN THE, GIVEN THAT WE HAVE THE RESOURCE MIX THAT WE HAVE AND THE, THE MARKET INCENTIVES THAT HAS YIELDED THAT, UM, YOU KNOW, I, I THINK UNTIL WE HAVE, YOU KNOW, A, A, YOU KNOW, MORE MOVEMENT ON, YOU KNOW, MARKET DESIGN, THAT THAT CAN THEN YIELD CHANGES IN THE RESOURCE MIX.
WHAT WE NEED TO DO IS REALLY MANAGE THE, THE TRADE OFF IN LIKE, WHEN, WHEN THAT, THAT OUTAGE RISK IS.
AND SO I, I WOULD, I WOULD RECOMMEND LEANING MORE TOWARDS, YOU KNOW, ERCOT ALLOWING MORE PLANNED OUTAGES AND, AND, YOU KNOW, HOPE, HOPING TO MANAGE THE RISK OF FORCED OUTAGES, UM, AND, AND REDUCING THAT DOWN THE LINE.
SO I'LL, I'LL LEAVE IT AT THAT, BUT THANK YOU.
YEAH, THANK I, SO MAYBE I DIDN'T SAY CLEARLY EARLIER.
SO I, I THINK OUR PROPOSAL RIGHT NOW IS FOR NEAR TERM YEAR ONE AND THE YEAR TWO, WHEN I TRY TO SAY WE WILL TRY TO ENSURE WE, UH, PROVIDE A SUFFICIENT OUTAGE WINDOW.
IT'S NOT THE OUTAGE WINDOW FOR THE GREEN COLOR AS EXTRA PRINT OUTAGE, IT'S A OUTAGE WINDOW.
IS THE GREEN COLOR ON TOP OF IT ALL? THE TYPICALLY WE CONSIDER IS UNAVOIDABLE EXTENSION, SO WE ACTUALLY CONSIDER THAT ONE.
SO THE WINDOW WE TRY TO PROVIDE IT, IT IS AT LEAST THE AGGREGATED TOTAL EAR IS A, A PURPLE COLOR, NOT A GREEN COLOR.
AND THAT, THAT IS REALLY, UH, REALLY APPRECIATED.
YEAH, THE, THE, I GUESS THE, THE COMMENT I WAS TRYING TO MAKE IS EVEN WITH THE EXISTING OUTAGES THAT WERE, WERE TAKEN AND PLANNED, YOU KNOW, WHEN YOU'RE TRYING TO PLAN OUT INTO THE FUTURE, HAVING SOME HEADROOM IN THERE TO TRY TO, YOU KNOW, TO SCHEDULE AND GET YOUR RESOURCES ALIGNED AND, YOU KNOW, FIND OPPORTUNITIES TO SLOT THEM IN WHERE THERE MAY BE HEADROOM FROM FROM OTHER FOLKS IS, UH, IT, YEAH, IT CAN BE A CHALLENGE.
SO HAVING SOME ROOM FOR THAT, THAT ORGANIZATION IS, UM, YEAH, IS HELPFUL.
AND, AND I THINK THAT IS A POTENTIAL BENEFIT TO GO GOING TO THE RISK BASE IS, UH, NOW WE ARE ABLE TO, IF THERE IS ADDITIONAL ADJUSTMENT ON TOP OF IT, WE'RE ABLE TO PROVIDE, UH, WHAT IS SOCIAL IMPACT, RIGHT? IF, IF WE TRY TO RELAX MORE, THE POTENTIALLY THE OUTCOME IS LIKELY, WE COULD SEE NOT A FIVE, BUT EVEN 10 OR 20 AANS.
BUT THERE IS ALSO AN IMPACT ON THE RESOURCE SIDE AND OUR SIDE AS WELL.
SO AGAIN, WE ARE LOOKING FOR HELP IS WHAT IS A, I'M NOT SAYING SWEET SPOT, BUT REALLY THERE IS A, THERE IS A POINT WE, WE DEFINITELY, WE WOULD LIKE TO SUPPORT EACH OTHER AS MUCH AS WE CAN AGREE.
APPRECIATE, AGAIN, KIND OF TEEING THIS UP AND HAVING THE DISCUSSION.
UM, AS YOU KNOW, I, THERE'S PRETTY SERIOUS CONCERNS ABOUT THIS METHODOLOGY.
UM, I, I JUST A FEW EXAMPLES NOW THAT WE'VE GOT A, A COUPLE YEARS OF EXPERIENCE IN THE FIELD WITH THIS IS JUST, UH, THE INABILITY TO ACTUAL MANAGE CREWS AND EQUIPMENT AND OUTAGES IS IN ACCORDANCE WITH THE METHODOLOGY ITSELF.
I'M JUST GONNA GIVE YOU EXAMPLE TO SEE HOW THE M-D-R-P-O-C GOES FROM ABOUT 5,000 TO 25,000 IN A FEW DAYS.
THERE'S A LIMITED NUMBER OF PEOPLE AND CREWS THAT YOU CAN SCHEDULE.
IT'S, IT'S NOT LIKE UNLIMITED AMOUNTS OF SKILLED LABOR.
SO THAT'S NOT LIKE PHYSICALLY IMPOSSIBLE TO, TO DO BECAUSE WE ALL SHARE THE SAME WELDERS THE SAME.
SO, UM, BEING ABLE TO SPREAD THOSE OUTAGES OUT THROUGHOUT THE YEAR MORE IS, IS ONE WAY TO HELP DO THAT.
UM, AND JUST, JUST METHODOLOGY HAS BEEN PROVEN TO BE PRETTY LIMITING.
SO, UM, I THINK YOU'LL BE HEARING FEEDBACK FROM STAKEHOLDERS, UH, PROBABLY AT THE MAY 5TH, WMWG, JUST PROVIDING ADDITIONAL, UH, SUGGESTIONS ON HOW THIS METHODOLOGY
[02:20:01]
COULD BE IMPROVED.I MEAN, I, I, I UNDERSTAND WHY ERCOT FELT THIS WAS NECESSARY FOLLOWING YURI, BUT GIVEN THE YEARS OF EXPERIENCE WE'VE HAD WITH IT, IT'S, IT'S REALLY HAS NOT BEEN, UH, A, A, A VERY, UM, EFFECTIVE WAY TO MANAGE OUTAGES.
AND I, I ALSO WORRY THAT LIKE ERCOT MAY BE GETTING THE FALSE PERCEPTION THAT THIS A SUFFICIENT ROOM HERE VERSUS FOLKS JUST GIVING UP AND DEFERRING OUTAGES, WHICH IS WHAT'S HAPPENING LIKE THAT.
AGAIN, I'M USING THAT SAME EXAMPLE OF HAVING SKILLED LABOR AVAILABLE WHEN YOU LOOK AT HOW THE SHAPE OF THIS CURVE WORKS, AND YOU NEED CONTRACTORS FOR TWO WEEKS, AND SO DOES EVERYONE ELSE.
IT JUST, YOU JUST DEFER THE OUTAGE AND TRY TO DO IT IN THE FALL AND MAYBE NEXT SPRING, AND THAT'S NOT WHAT WE WANT, AND THAT'S NOT WHAT YOU WANT.
UH, SO I THINK THERE ARE DEFINITELY, IT'S TIME TO TAKE A MORE COMPREHENSIVE REVIEW OF THIS WHOLE APPROACH THAT WORKS, UH, BETTER FOR OUR, FOR OUR MARKET STRUCTURE, AND LOOK FORWARD TO CONTINUING TO DISCUSS WITH YOU ON WAYS WE CAN MAKE THIS, UM, MORE WORKABLE.
SO I THINK, THANKS FOR THE COMMENTS.
AS KIND OF MENTIONED EARLIER, IF YOU LOOK AT THE HISTORICAL ONE, YOU DO SEE A VERY SHARP INCREASE, LIKE KIND OF PROVIDED A LOT OF CHALLENGE ON YOUR SIDE, AND WE RECOGNIZE IT.
SO THE ONE WE TRY TO, AGAIN, SMOOTH IT, I, I SHOULD HAVE ANOTHER ONE TO ZOOM IN TO, TO SHOW IT.
AND ANOTHER ONE IS YOU, YOU CAN SEE THERE ARE WINDOWS, UM, FOR EVEN FOR THE SUMMER AND THE, THE, THE WINTER, BASED ON THIS ONE, WE START TO HAVE IT, I WOULD SAY EXTRA IN A WAY, AS LONG AS THE WHOLE SEASON RISK IS KIND OF, UH, AT A SELECT LEVEL, THAT'S KIND OF OUR TARGET.
AND, UH, AGAIN, LAYER A IS A PROSPERITY IN A WAY.
UH, IF ADJUSTMENT CAN BE CONSIDERED AND STILL MAINTAIN THE DESIRE OBJECTIVE THAT WE CERTAINLY TRY TO, UH, SUPPORT IT.
BUT ON THE OTHER SIDE, I DO WANT TO KIND OF HIGHLIGHT IT.
UM, THE, THE PROCESS TODAY IS WE, WE POST THE M-D-R-P-O-C, UH, FOR MORE THAN SIX MONTHS AHEAD.
AND THE STAKEHOLDER, WELL, I WOULD SAY MARKET, YOU, YOU SHOULD HAVE INFORMATION ABOUT WHAT ARE THE AVAILABLE OUTAGE WINDOW FOR THE NEXT SIX, UH, 60 MONTHS.
BUT UNDERSTAND THERE ARE, ARE CERTAIN TIME, UM, YOUR CREW AND YOUR DESIRE TO HAVE OUTAGE AT A CERTAIN TIME, BUT WE TRY TO HELP, UH, PROVIDE TRANSPARENCY TO HELP YOU TO SCHEDULE YOUR OUTAGE.
ERIC, THIS, UH, WHOLE PROCESS FEELS A LITTLE BIT WIBBLY WOBBLY.
UM, I, UM, I'M REALLY NERVOUS THAT, UM, WE'RE HEARING FROM GENERATORS CONSISTENTLY THE SAME THINGS THAT THEY SAID THEY WERE GOING TO BE SAYING WHEN WE CREATED THIS PROCESS, WHICH IS THEY SAID, WE'RE GOING TO HAVE TROUBLE SCHEDULING OUTAGES, AND WE ARE HEARING THAT THEY ARE HAVING TROUBLE SCHEDULING OUTAGES.
AND, UM, I I, IF WE'RE CREATING A SITUATION WHERE THAT OCCURS, UM, AND WE'RE CONTINUING TO HAVE THAT SAME PROBLEM, I THINK WE REALLY NEED TO LISTEN TO THE GENERATORS HERE.
SO I, I LOOK FORWARD TO HEARING WHAT THEY SAY AT THE WWG MEETING.
UM, BUT I, I'M PRETTY NERVOUS ABOUT, ABOUT THIS, THE FUTURE HERE AND, AND WHAT WE'RE GONNA DO ABOUT IT.
I LOOKED AT THE LIST OF WORDS.
UM, OKAY, CAN, FRED, CAN WE GO TO THE LAST, OR WE, WE WERE DONE WITH THIS PRESENTATION, RIGHT? MM-HMM
LET'S GO TO NEXT STEPS, PLEASE.
SO THE METHODOLOGY CHANGE IS JUST A MARKET NOTICE.
WE DON'T NEED TO VOTE ON ANYTHING.
AND THEN THE MPRR IS, IS WHAT, IT'S NOT THE METHODOLOGY, IT'S OTHER CHANGES NOT DESCRIBED HERE.
THE NPRR IS THE ONE I PRESENTED LAST MONTH AS A POTENTIAL CONCEPT.
WE RECOGNIZE THERE ARE CERTAIN SPECIFIC SITUATION, THE RESOURCE OUTAGE IS SOMETIMES OUT OF AIR CONTROL, UH, SUCH AS THE GAS PIPELINE MAINTENANCE THAT COULD AFFECT THE GENERATIONS SIMILAR LIKE LOT ONE, WE RECOGNIZE ONE.
SO WE TRY TO HAVE NPRR TO INCLUDE LOT OF, TO ALLOW US TO SUPPORT US OUTAGES.
UH, EVEN THAT COULD EXCEED M-D-R-P-O-C.
SO IS THE THOUGHT THAT WE WOULD IMPLEMENT BOTH OF THOSE AT THE SAME TIME?
[02:25:02]
UH, I THINK THESE TWO ARE INDEPENDENT.NPRR IS MORE LIKE A WHAT THE ADDITIONAL FLEXIBILITY OR PROCESS ON THE OUTREACH COORDINATION SIDE, BUT METHODOLOGIES MAINLY TALK ABOUT HOW WE GOING TO DETERMINE THE M-D-R-P-O-C.
OKAY? SO WE'RE NOT NECESSARILY LOOKING FOR JUNE BOARD APPROVAL OF THE YET TO BE FILED ON PRR, BECAUSE THAT WOULD JUST GIVE US MAY TAC I PROBABLY JUST ADD MY, YEAH, I, I SHOULD CLARIFY.
THE NPR IS MAINLY LIKE A SUBMITTED YEAH.
THEN IS GO THROUGH A REGULAR PROCESS.
UH, THE POINT DIRECTOR REVIEW TENTATIVELY JUNE, OR DEPENDING ON THE COMMENTS WE HAVE.
UH, THAT IS FOR THE METHODOLOGY.
UM, SO FRED, I'M CURIOUS, UH, AND, AND I'M, WE, I'LL TAKE IT OFFLINE IF IT'S JUST IN A RANDOM DIRECTION FOR EVERYBODY ELSE.
BUT YOU'VE, YOU'VE SHOWN HOW, UH, AS LOAD GROWS RISK, YOU KNOW, IF WE DON'T HAVE GENERATION RESOURCE ADDED, THINGS ARE GONNA GET EVEN MORE TIGHT AND YOU'RE GONNA PRESERVE 20, 24 FIGURES.
WHAT I AM WONDERING IS TO THE EXTENT WE HAVE LOAD GROWTH, AND I'M JUST GONNA SAY HYPOTHETICALLY, WE HAVE A TWO GIGAWATT LOAD JUMP ON THE SYSTEM, BUT YET THEY REGISTER AS A DISPATCHABLE RESOURCE.
AND FORGIVE ME IF I'M USING TERMS TERMS FROM ANOTHER RTO THAT IS NOT ERCOT, BUT IF THEY REGISTER TO BE CURTAIL ABLE AND PARTICIPATE IN THE MARKET, HOW ARE THEY, HOW IS THAT LOAD GONNA BE REFLECTED IN THESE CALCULATIONS? IS IT GONNA MAKE, I'M, I'M KIND OF THINKING YOU'RE REFLECTING IT SOMEHOW IN MAYBE THE CDR TO MAKE FOLKS FEEL BETTER ABOUT MEETING OUR RE YOU KNOW, PEAK REQUIREMENTS, BUT IT'S GONNA PUT AN EVEN TIGHTER SQUEEZE BECAUSE YOU'RE GONNA PLAN ON SERVING IT IN THE MAINTENANCE WINDOWS.
YOU'RE NOT GONNA CURTAIL SOMEONE SO BOB CAN HAVE AN OUTAGE.
THINK, THINK FOR, UH, QUESTIONS, I THINK IT IS SIMILAR.
WE MAY NOT BE EXACTLY THE SAME, BUT A LOT OF CONSIDERATION TODAY, EVEN IN, UH, OUR A M PROCESS TODAY, UH, WE DO HAVE SOME, I'LL CALL IT PROJECTED OR ESTIMATED, I CALL IT PRICE RESPONSIVE DEMAND RESPONSE, THAT THE CONCEPT IS AVAILABLE IN THE EMBEDDED IN OUR CURRENT PROCESS, INCLUDING WHEN WE CALCULATE M-D-R-P-O-C.
UH, BUT I WOULD SAY AT LEAST FOR NOW, YOU GET A GOOD POINT, WE HAVE NOT CONSIDERED WHAT IF THERE IS A SIGNIFICANT AMOUNT OF SUCH CONTROLLABLE LOAD.
SO OUR INPUT, OR OUR INPUT FOR, LIKE THE CALCULATION TODAY IS BASED ON HISTORICAL PERFORMANCE.
SO WE, WE, WE KIND OF OBSERVE WHAT HAPPENS IN THE LAST TWO, THREE YEARS, AND WE KNOW THERE'S A BALLPARK, UH, AT THIS CONDITION, WE WILL GET CERTAIN AMOUNT OF PRICE RESPONSE, BUT IF IT BECOMES SCARED AND A LOT, WE WILL NEED TO, UH, FIND A BETTER WAY TO REFLECT LIKE THE CONTRIBUTION.
OKAY? SO THEN, IF I UNDERSTOOD YOU RIGHT, SO IF, IF I REGISTER AND I'M A TWO GIGAWATT LOAD AND I'M PRICE RESPONSIVE, OVER TIME, YOU'RE GONNA RECOGNIZE THAT PRICE RESPONSIVENESS BASED ON THE HISTORICAL BEHAVIOR AND THAT WE WILL FACTOR IN TO SOME DEGREE.
BUT IF JIM IS A NEWBIE TO TOWN SLAMS IN A TWO, TWO GIGAWATT LOAD, AND HE'S, UH, PARTICIPATING IN THE MARKET, HE DOESN'T HAVE ANY HISTORY, UM, YOU'RE NOT GONNA, YOU'RE NOT GONNA THINK, THINK ABOUT SAYING, OH, WELL, HEY, I CAN JUST CUT JIM OFF AND THAT'LL GIVE US TWO GIG OF ROOM FOR MAINTENANCE.
YOU'RE GONNA PLAN ON SERVING HIM, AND YOU RECOGNIZE THAT THAT COULD BECOME A PROBLEM.
AND IF IT, ONCE WE GET TO THAT POINT, WE ARE GONNA HAVE TO REVISIT THAT SITUATION.
AND I WOULD SAY THIS IS PROBABLY A MUCH BROADER, UH, NOT JUST ON M-D-R-P-O-C, SO WE DEFINITELY NEED TO COORDINATE AND MAKE SURE WHATEVER WE DO HERE IS CONSISTENT AND KIND OF ALIGN WITH OTHER PROCESS.
SO, UM, BUT YEAH, AND ALSO METHODOLOGY PER SE, UH, PER CURRENT REQUIREMENT, WELL, CURRENT PROCESS IN THE METHODOLOGY, WE DO NEED TO PROVIDE, UH, ANNUAL REVIEW AND THE PRESENT THE PERFORMANCE TO THE TAKE FOR YOUR REVIEW AND, UH, DISCUSSION.
I DON'T WANT TO BELABOR IT TOO MUCH, BUT, UH, RICHARD, KIND OF IN RESPONSE TO THAT, I THINK THAT THAT'S AN EXAMPLE OF I WHERE THIS PROCESS MAYBE ISN'T WORKING.
IF ERCOT IS LOOKING HISTORICALLY WHEN THERE'S NOT AS MUCH DEMAND RESPONSE AS
[02:30:01]
THERE MIGHT BE IN THE FUTURE, THAT'S A PROBLEM.AND THE REASON WE MIGHT HAVE A DEMAND RESPONSE IN THE FUTURE IS BECAUSE THERE'S NOT ENOUGH OUTAGE WINDOWS.
AND SO THE PRICE GETS HIGH, AND THEN THESE LOADS ARE LIKE, OH, WAIT, THE PRICE IN MAY OF 2029 IS REALLY HIGH.
I NEED TO INVEST IN SOMETHING NOW SO I CAN BE READY TO CURTAIL IN THOSE FUTURE, YOU KNOW, SEASONS.
AND SO BY POTENTIALLY SUPPRESSING THAT APPEARANCE OF TIGHTNESS, PEOPLE WON'T MAKE THAT INVESTMENT IN THOSE CAPABILITIES, AND THEN WE JUST WON'T HAVE THEM.
WHEN WE DO REVIEW, I, I, I WANT TO, I, I KEEP HEARING WE DO NOT PROVIDE A, A SUFFICIENT OUTAGE WINDOW.
UH, AND IT SHOWS WE DO, IT MAY NOT BE THE TIME IS DESIRED AND THAT WE WOULD LIKE TO WORK WITH YOU HOW WE CAN MAKE IT BETTER, BUT WE DO PROVIDE A SUFFICIENT OUTAGE WINDOW.
SO WHAT DO WE WANNA DO AS TAC TODAY OR FOR NEXT STEPS? UM, SO THE, THIS METHODOLOGY WILL BE PROVIDED IN A MARKET NOTICE, RIGHT? FRED? DO YOU KNOW WHEN THAT WILL BE? UH, UM, I THINK SINCE WE ARE GOING TO PARTICIPATE IN THE KIND OF SUPPORT THE WMWG, IT'LL BE AFTER THAT.
UH, MAYBE ACTUALLY IF WE CAN HAVE OPPORTUNITY TO JUST DIRECTLY TAKE IT THAT WAY INTO ACCOUNT, WE WILL TRY TO DO IT THEN AFTER WE WILL ISSUE THE MARKET NOTICE.
SO THERE, WE DON'T HAVE TO VOTE AS TECH, WE CAN ENDORSE OR NOT ENDORSE IF WE WANT.
I DON'T THINK WE HAVE TO DO THAT TODAY.
UM, THIS WILL GO TO JUNE BOARD.
SO WE DO MEET IN MAY AGAIN, AND THEN SEPARATELY THERE WILL BE AN NPRR, UM, WHICH WILL PROBABLY TAKE A LITTLE BIT LONGER AND IT'LL HAVE AN EXEMPTION PROCESS, AND THAT'LL GO THROUGH THE NORMAL PROCESS.
UM, BLAKE, CAN I PUT YOU ON THE SPOT? DO, DO WE KNOW WHAT THE PARAMETERS AROUND THE DISCUSSION AT W-M-W-G-R? SO ERCOT IS GOING TO PRESENT THIS OR SOMETHING SIMILAR, FRED, IS THAT CORRECT? AND THEN I THINK THERE'LL BE SOME STAKEHOLDER, UH, THOUGHTS OR PRESENTATIONS AS WELL.
BUT I THINK MY UNDERSTANDING IS, UM, RECOGNIZE THESE, UH, UH, THE TEAM MEMBERS THERE WILL PROVIDE IDEAL SUGGESTIONS.
MY IDEA IS WE'LL BE LAYERED TO JUST BE READY TO SUPPORT OR ANY Q AND A.
IS THAT, SO, SO BLAKE, HOW DO YOU THINK THAT DISCUSSION IS GONNA GO? WHAT, WHAT CAN WE EXPECT? WHAT TOPICS ARE GONNA BE COVERED? IF YOU DON'T KNOW, THAT'S FINE.
IN TERMS OF SPECIFIC TOPICS, YEAH, I THINK THOSE ARE UP IN THE AIR.
I DO THINK WE'LL SEE STAKEHOLDER SUGGESTIONS ON IMPROVEMENTS TO THE PROCESS AND HAVE ABIL ABILITY TO DISCUSS THOSE, TAKE QUESTIONS AND, AND HEAR ER KAT'S FEEDBACK ON THOSE.
ANY OTHER THOUGHTS, COMMENTS, QUESTIONS, CONCERNS HERE? OKAY.
SO WE WILL TALK ABOUT THIS ONE AT WMWG AND YEAH, LET'S BRING IT BACK TO TECH NEXT MONTH, RIGHT? DOES THAT SOUND GOOD TO EVERYBODY? AND AGAIN, SO THE METHODOLOGY, WE, WE CAN VOTE IF WE WANT.
I DON'T KNOW WHEN THE NPR WILL BE FILED.
UM, ERIC, DO YOU STILL HAVE YOUR CARD UP? OKAY.
SO WE'LL TALK ABOUT IT AT WM WG AND THEN AT TECH AS WELL.
UM, WE'VE HAD A REALLY DIFFICULT TIME FINDING PEOPLE WHO WILL DO INDIVIDUAL ORDERS, SO I THINK WE JUST HAVE A BUNCH OF SANDWICHES HERE TODAY.
UM, WE'LL DEFINITELY TAKE FEEDBACK ON, ON HOW TO DO THIS IN THE FUTURE.
AND I THINK MAYBE TAP SOME PEOPLE TO SEE IF THEY CAN ALTERNATE TAKING TURNS, BUYING LUNCH AND LOOKING AT BRIAN.
'CAUSE THAD, WHO'S NOT THE CEO ANYMORE, ONCE TOLD ME HE WOULD BUY IT
SO MAYBE WE'LL GET, UH, THAD'S PERSONAL CREDIT CARD.
MY CALPINE CARD WORKS FOR A LITTLE LONGER.
SO, UM, SO WE, WE'LL FIGURE THAT OUT.
BUT I'M, I'LL TAKE FEEDBACK ON, ON THE BEST WAY TO DO THAT.
[02:35:01]
BUT WE'VE, WE SEEM TO, HE HIT A SNAG WITH, UH, JASON'S DELI NOT DOING THE INDIVIDUAL ORDERS, AND THEN DOORDASH BEING MAYBE OVERLY COMPLICATED.HOW LONG OF A BREAK? FOUR, FIVE.
REALLY? YEAH, WE WE'RE ALWAYS RUNNING OVER 30 MINUTES.
CAN YOU DO WHAT YOU WANNA DO? YOU SAID TILL 45? NO, NO.
YEAH, BUT WE NEVER COME BACK AFTER 30, RIGHT? WE NEVER COME, BUT WE HAVE TO TELL PEOPLE.
SO COME BACK AT 1230, BUT IF YOU'RE REALLY HERE AT 1240, YOU'LL GET A GOLD STAR.
SO LET'S, LET'S TRY FOR, LET'S TRY FOR 1230.
I DON'T KNOW, WHAT DO YOU PUT, PUT SOMETHING ON THE SCREEN, SUSIE.
SO WE'LL GIVE RYAN A MINUTE TO WALK UP.
WE, WE WILL START AT EXACTLY 1245, UM, WITH THE FIRM FUEL, UH, SUPPLY SERVICE REPORTING.
OKAY, WELL, THANK YOU ALL VERY MUCH.
UH, RYAN KING, MANAGER, MARKET DESIGNER AT ERCOT, AND I'M VERY PLEASED TO BE ABLE TO PROVIDE, UH, THIS SEASON'S FIRM FUEL SUPPLY SERVICE DEPLOYMENT REPORT FOR THE 24 25 OBLIGATION PERIOD.
UM, WHAT I'LL PLAN TO COVER IN THESE SLIDES IS A LITTLE BIT OF AN OVERVIEW OF THE EVENTS LEADING UP TO THE MOST RECENT WATCH IN FEBRUARY, AS WELL AS SOME OF THE DEPLOYMENT, UH, DETAILS RELATED TO FIRM FUEL.
UH, ALSO TALK A LITTLE BIT ABOUT THE SYSTEM AND, UH, PRICE CONDITIONS THAT WE OBSERVED, UH, DURING THAT TIME WILL COVER SOME ISSUES THAT WERE OBSERVED DURING THE MOST, UH, RECENT WATCH, AS WELL AS SOME NEXT STEPS.
UH, SO THESE SLIDES ARE REALLY JUST COVERING THE, THE PERTINENT AREAS OF THE PROTOCOLS THAT ARE RELATED TO FIRM FUEL.
UM, ONE THING TO NOTE HERE IS THAT WE DO OWE A REPORT TO TAC 45 DAYS, UH, FROM THE END OF THE FIRM, FUEL SUPPLY SERVICE OBLIGATION PERIOD.
WHEN THERE WAS A DEPLOYMENT, THERE WAS A DEPLOYMENT IN THIS CASE.
SO THIS IS KIND OF MEETING THAT REQUIREMENT TODAY.
AND I WILL NOTE THAT THERE ARE ADDITIONAL REPORTS MORE RELATED TO THE OVERALL COST OF THE PROGRAM THAT WILL BE COMING AT A LATER DATE.
SO, UM, THIS IS KIND OF AN OVERVIEW OF SOME OF THE KEY EVENTS THAT OCCURRED DURING, UH, THIS MOST RECENT WATCH IN THE, AT THE FIRM FUEL DEPLOYMENTS.
SO, UM, LEADING UP TO THE COLD WEATHER EVENT, UM, THERE WERE SOME ISSUES.
I IDENTIFIED, UH, GAS SUPPLY RESTRICTIONS.
I THINK THERE WAS AN ATMOS LEVEL FIVE RESTRICTION.
WE NOTED THAT SOME RESOURCES HAD MOVED TO ALTERNATIVE FUEL SOURCES, AND THIS RESULTED IN THE DECISION TO ACTUALLY DEPLOY FIRM FUEL, UH, SUPPLY SOURCES BEGINNING SHORTLY AFTER NOON ON THE 19TH AND CONTINUING OVER THE COURSE OF A COUPLE OF DAYS AND ENDING ON NOON ON FEBRUARY 21ST.
SO WHAT YOU'LL SEE HERE IS SOME KEY METRICS, I SUPPOSE, RELATED TO THE FIRM FUEL DEPLOYMENTS.
SO WHAT YOU CAN SEE HERE ON THE, THE GRAPH IS AN OVERVIEW OF THE, UH, HSL, UH, THE OBLIGATION AMOUNTS AS WELL AS THE BASE POINT AMOUNTS, UM, AS WELL AS SOME AGGREGATE STATISTICS IN TERMS OF THE, UH, THE OVERALL MAX CAPACITY OBLIGATION, THE MAX HSL, AND MAX TOTAL BASE POINT.
SOME THINGS I DID WANNA POINT OUT IS THAT THERE WERE, UH, A FEW INSTANCES WHERE THE HSL WAS NOT QUITE AT WHERE IT NEEDED TO BE WITH, WITH RESPECT TO THE OBLIGATION.
AND SIMILARLY, THERE WERE SOME INSTRUCTIONS THAT WERE EITHER, UH, DELAYED IN RESPONDING TO, OR DIDN'T NECESSARILY QUITE MEET, UH, THE REQUIREMENT.
AND I'LL GET INTO SOME OF THE ISSUES THAT WE OBSERVED AT A LATER SLIDE, BUT YEAH, I'LL PAUSE THERE.
I, I SEE THAT THERE WAS A QUESTION IN THE QUEUE.
YEAH, WE HAD A QUESTION FROM BRIAN.
I'M CURIOUS IF THE UNDERPERFORMANCE THAT I SEE REPRESENTED HERE IS JUST FROM, UM, FROM FUEL SUPPLY RESOURCES THAT RELIED SPECIFICALLY ON, UM, UH, ONSITE OIL.
SO, SO SORRY, WAS THAT RELATED TO, UH, THE QUESTION WAS THE, THE FUEL RELATED ISSUE?
[02:40:01]
YEAH.UH, YEAH, JUST CURIOUS IF, I MEAN, I'M, I AM INTERPRETING THIS RIGHT, THAT THERE WAS A PERFORMANCE OBLIGATION THAT, UH, IT LOOKS LIKE WE DIDN'T ACHIEVE ALL THE WAY TO THE OBLIGATION.
IT MAYBE WHAT I'LL SUGGEST, BRIAN, IS THERE IS A SLIDE WHERE WE GO THROUGH SOME OF THE ISSUES, HAPPY TO WAIT, WE'VE OBSERVED AND I CAN, UH, OUTLINE YEAH.
SOME OF THE CAUSES THAT WERE, WERE NOTED THERE.
YEAH, IF YOU WANT TO DO YOUR WHOLE PRESENTATION BEFORE WE TAKE QUESTIONS, IT'S SORT OF UP TO YOU.
SO WHATEVER YOU THINK IS BEST FOR YOU.
WELL, WE HAVE A SLIDE ON, ON SOME OF THE ISSUES OBSERVED.
SO MAYBE I'LL, UH, I'LL NOTE THAT QUESTION.
AND BRIAN, BY ALL MEANS, IF I DON'T QUITE COVER IT, PLEASE FEEL FREE TO FOLLOW UP.
UH, THIS SLIDE IS MORE OF AN OVERVIEW OF THE DETAILS OF THE DEPLOYMENTS THEMSELVES.
UH, SO WHAT YOU CAN SEE IS THAT THERE ARE MULTIPLE DEPLOYMENTS OVER MULTIPLE DAYS, AND IN SOME CASES WE HAVE UNITS THAT WERE DEPLOYED OVER, UH, SEVERAL DAYS, UH, BETWEEN THE 19TH OF FEBRUARY AND THE 20TH OF FEBRUARY.
AND THESE DEPLOYMENTS WERE ISSUED THROUGH MULTIPLE, UH, VDIS OVER THREE OPERATING DAYS.
UH, THE NEXT SLIDE IS SOMETHING WE LIKE TO PROVIDE, WHICH IS REALLY A, AN OVERVIEW OF WHAT WAS HAPPENING ON THE SYSTEM, UH, DURING THAT, THAT TIME.
SO WHAT YOU CAN SEE HERE IS IN THE SOLID BLUE LINE SHOWS THE ONLINE ORDC RESERVES.
AND THEN, UM, IT'S PROBABLY A LITTLE BIT DIFFICULT TO SEE, BUT YOU CAN SEE THE ONLINE ORDC RESERVES WITHOUT THE FIRM FUEL SUPPLY RESOURCES EXCLUDED.
JUST TO NOTE HERE, THAT, UH, AS PART OF THE DESIGN, THE, THE HSL OF RESOURCES DEPLOYED FOR FIRM FUEL ARE EXCLUDED FROM THE, UH, ONLINE ORDC RESERVES.
SO QUITE SLIGHT, BUT YOU SHOULD BE ABLE TO SEE, UH, A, A SMALL DIFFERENCE.
AND I'LL KIND OF DRILL DOWN INTO THAT A LITTLE BIT IN THE NEXT SLIDE.
SO, AGAIN, UM, YOU MIGHT NEED YOUR GLASSES ON LIKE ME IF YOU REALLY WANNA LOOK INTO THIS, BUT, UM, THERE WAS A, A, A PRICE ADDER THAT OCCURRED DURING THIS PERIOD OF TIME.
NOW, THE PRICE WAS QUITE MODEST AS 25 CENTS.
SO THE, THE DIFFERENCE BETWEEN THE EXCLUSION OF THE RESOURCES, OR, SORRY, WITHOUT THE RESOURCES EXCLUDED, WOULD'VE BEEN VERY MODEST INDEED.
SO THIS IS THE SIDE WHERE WE KIND OF TALK A LITTLE BIT ABOUT SOME OF THE ISSUES THAT WERE IDENTIFIED, UH, DURING THE OBLIGATION PERIOD.
SO THE, THE FIRST ONE IS THAT THERE WAS ONE F-F-S-S-R, WHICH FAILED TO COME ONLINE.
THIS FAILURE OCCURRED DURING THE F-F-S-S-R DEPLOYMENT FROM THE 20TH END OF THE DAY, ON THE 20TH TO THE AFTERNOON OF THE 21ST.
UH, IT INVOLVED, UH, UNPLANNED MECHANICAL ISSUES THAT WERE NOT FUEL RELATED AND WEREN'T CAUSED BY, UH, COLD WEATHER.
UH, THE SECOND NOTE HERE IS THAT THERE WERE TWO FF SSRS FAILED TELE AN AVERAGE HSL GREATER THAN THAT 95% OF THE AWARD.
AND THESE WERE FUEL RELATED ISSUES.
UM, ONE THING TO NOTE IS THAT WHENEVER WE SEE THESE ERCOT ISSUES, RFIS AND ERCOT HAS RECEIVED THOSE, RFIS IS CURRENTLY GOING THROUGH THAT TO TRULY UNDERSTAND WHAT IS THE NATURE OF, OF THE ISSUE.
UM, IN THIS CASE, UH, THE RESOURCE ELECTED TO RUN FUEL OIL, FUEL OIL SYSTEM AT LOWER PRESSURE, UH, DUE TO BURNER INSTABILITY FROM FUEL OIL PRESSURE.
AND THIS RESULTED IN AN HSL LOWER THAN, THAN THE AWARD.
SO JUST A LITTLE BIT MORE DETAIL RELATED TO THAT.
THERE WERE SOME OTHER, UM, ISSUES THAT WERE NOT NECESSARILY RELATED TO THIS WATCH.
SO, AS I NOTED IN ONE OF THE EARLIER SLIDES, THERE WERE OTHER WATCH PERIODS DURING THIS, UH, DURING THIS OBLIGATION PERIOD DURING THE JANUARY PERIOD.
AND SO DURING THAT TIME, THERE WERE SOME INCIDENTS WHERE A RESOURCE, UH, WAS TRIPPED OFFLINE AND WAS UN UNAVAILABLE FOR AN HOUR.
A SIMILAR THING HAPPENED, UH, WHICH ON THE 10TH OF JANUARY WAS UNAVAILABLE FOR ABOUT THREE HOURS.
AND THERE WAS ONE, UH, RESOURCE THAT WAS UNAVAILABLE FOR DEPLOYMENT DURING THE ENTIRE WATCH THAT, UH, TWO 18 TO 2 21 WATCH.
AND SO THERE IS SOME SETTLEMENT TREATMENT POTENTIALLY ASSOCIATED WITH THESE.
THAT'LL BE A FUNCTION OF, UH, UNDERSTANDING WHAT HAPPENED AS A RESULT OF THE RFIS AND THE, THE SETTLEMENT, UH, TREATMENT UNDER THE PROTOCOLS.
UH, THESE THREE FF SSRS WERE NOT BEING DEPLOYED WHILE UNAVAILABLE.
SO THAT KIND OF CONCLUDES, UH, THE, THE REPORT, THE FORMAL REPORT SECTION.
BUT THERE'S SOME OTHER UPDATES THAT I, I JUST WANTED TO DRAW PEOPLE'S ATTENTION TO WHILE WE'RE TALKING FIRM FUEL.
THERE HAVE BEEN SOME NPR R THAT HAVE, UH, BEEN SUBSEQUENTLY APPROVED SINCE THE LAST REPORT, UH, THAT I GAVE, UH, THIS TIME LAST YEAR.
SO THERE WAS AN UPDATE UNDER, UH, NPR 1251, UH, UPDATED FFSS, FUEL REPLACEMENT, COST RECOVERY PROCESS.
UM, SO THAT WAS ACTUALLY APPROVED, UH, UH, EARLIER THIS YEAR.
AND I SHOULD NOTE THERE WERE NO FUEL RESTOCKING
[02:45:01]
REQUESTS DURING THIS, UH, UH, OBLIGATION PERIOD.THERE WAS ALSO, UH, AN AN NPRR, UH, FIRM FUEL SUPPLY SERVICE AVAILABILITY, AND HOURLY STANDBY FEE.
SO THIS MADE SOME ADJUSTMENTS TO SOME OF THE, UH, STANDBY FEE, UH, STANDBY FEE CLAWBACK DURING A WATCH FOR THE WINTER WEATHER THAT'S RECEIVED BOARD APPROVAL AND IS CURRENTLY WITH THE, THE, THE PUC.
AND THEN I THINK THIS WAS ALREADY, UH, TALKED ABOUT, UH, EARLIER TODAY, SO I PROBABLY WON'T SPEND TOO MUCH TIME, BUT THERE ARE SOME ADDITIONAL NPRS THAT ARE CURRENTLY BEING, UH, UNDER CONSIDERATION, UH, WITH STAKEHOLDERS NPRS 1275 AND 1281.
AND THAT CONCLUDES THE, THE FORMAL PART OF THE PRESENTATION, BUT I'M CERTAINLY HAPPY TO ANSWER ANY QUESTIONS.
ANY, DID YOU GET YOUR QUESTION ANSWERED, BRIAN? I I JUST WANT TO POINT OUT THAT, YOU KNOW, SLIDE EIGHT SHOWS THAT NOTHING IS PERFECT.
YOU'VE GOT SOME RESOURCES THAT DEPEND ON, UH, FUEL OIL THAT DIDN'T PERFORM BECAUSE OF ISSUES ASSOCIATED WITH ONSITE FUEL OIL.
AND THERE'S, WHEN WE'RE TALKING ABOUT RISK, I MEAN, THIS IS AN EXAMPLE OF, UH, OF, UH, THE EXISTING RESOURCES NOT PERFORMING TO THE STANDARD THAT, UH, WAS EXPECTED.
WHAT PERCENTAGE OF THE TOTAL RESOURCES WAS THAT? THE, THE ONE THAT HAD THE FUEL ISSUES OR, OR THAT I GUESS THAT HAD ISSUES LIKE THE FAIL FAILURE RATE PERCENTAGE? YEAH, FAILURE RATE.
UM, I MAY HAVE TO, TO GET BACK WITH THAT.
I COULD PROBABLY DO SOME VERY ROUGH MATH, BUT IT SEEMED TO BE, THERE WERE CERTAIN ISSUES WHERE THE FALLING BELOW, UH, EITHER EIGHT, MEETING THAT 95% OR ABOVE 95%, I THINK THAT WAS OBSERVED ON THE 19TH AND SOME OF THE BASE POINT ISSUES WERE, UH, DURING THE 21ST.
BUT I CAN TAKE THAT AS A FOLLOW UP ITEM.
JUST IN TERMS OF LIKE, YOU KNOW, ROUGH RELATIVE TO WHAT THEY WERE SUPPOSED TO MEET.
ROUGH ESTIMATE OF LIKE WHAT, WHAT NUMBER OF UNITS OR WHAT PERCENTAGE OF THE UNITS HAD ISSUES THROUGHOUT THE CONTRACT PERIOD.
YEAH, I, I CAN, UH, TAKE THAT AS A FOLLOW UP ITEM.
ANY OTHER QUESTIONS OR COMMENTS? ALL RIGHT, THANKS ANNE.
THAT WAS A LOT OF INFORMATION.
WE ARE SEGMENT MEMBERSHIP UPDATE.
UM, I BELIEVE THIS IS PRETTY QUICK, BUT, BUT GO AHEAD CATHERINE.
UM, CATHERINE GROSS WITH ERCOT LEGAL.
UM, SINCE I THINK SEPTEMBER WE HAVE BEEN TALKING ABOUT POSSIBLE CHANGES TO THE BYLAWS TO ADDRESS, UM, UPDATES TO TECHNOLOGY, UM, AND TO MAYBE MAKE SOME CHANGES TO OUR SEGMENT DEFINITIONS.
WE HAD A WORKSHOP IN FEBRUARY AND THEN, UM, ANYONE WHO WANTED TO PROPOSE RED LINES TO THE BYLAWS, THOSE WERE DUE IN MARCH.
UM, ANYONE WHO HAD RESPONSES TO THOSE RED LINES, THOSE WERE DUE ON APRIL 18TH, AND WE DID NOT RECEIVE ANY RESPONSES, UM, TO ANY OF THE THREE, UH, VERSIONS OF RED LINES THAT WE RECEIVED.
UM, I'M SUPPOSED TO OFFER IF ANYONE IS INTERESTED IN HAVING ANOTHER WORKSHOP, UM, WE CAN DO THAT TO DISCUSS THIS FURTHER.
UM, BUT ERCOT DOESN'T THINK THAT THAT SEEMS NECESSARY, BUT IF ANYONE THINKS THAT WOULD BE HELPFUL, THEN PLEASE LET ME KNOW.
UM, AND THEN GOING FORWARD, WHAT I'M GOING TO BE WORKING ON IS A CONSOLIDATED VERSION OF THE RED LINES, UM, THAT WE CAN PLAN TO DISCUSS AT THE HRNG COMMITTEE, UM, ON JUNE 23RD, I THINK.
SO THE PLAN WOULD BE TO INCORPORATE ALL THREE OF THE PROPOSED CHANGES? I THINK SO.
UM, I, I MEAN SINCE THERE WERE NO OBJECTIONS THEN THAT STRONGLY SEEMS LIKE THAT'S GONNA BE THE CASE.
I'M STILL WANTING TO DO A LITTLE BIT OF RESEARCH ON THEM AND TALK WITH CHAD JUST A LITTLE BIT MORE, BUT I THINK THE FACT THAT THERE WAS NO OPPOSITION TO ANY OF THEM IS, UM, STRONGLY LEANING TOWARDS THAT.
UM, AND I FORGOT TO MENTION, I WOULD COME BACK IN THE, AT THE MAY TAC AND GIVE AN UPDATE AS WELL BEFORE.
SO THE, BECAUSE THESE WOULD GO TO JUNE BOARD? YES.
RIGHT NOW IT'S JUST FOR DISCUSSION TO GO TO JUNE.
AND SO THEY BELIEVE THE THREE PROPOSED CHANGES WERE THE INDUSTRIAL CONSUMER CHANGE.
[02:50:01]
ADJUSTMENT TO THE DEFINITION OF TRANSMISSION AND DISTRIBUTION, RIGHT.UTILITY THAT KIND OF GOT HAD A, AN AFFILIATE ISSUE.
AND THEN, UM, THE FORMALIZATION OF SPLITTING THE GENERATOR SEGMENT INTO IVRS AND NON IVRS.
UM, SO TO REMIND EVERYBODY, SO, SO IF ANYBODY WANTS A WORKSHOP, I GUESS LET CATHERINE KNOW.
I TEND TO AGREE THAT IF WE HAVEN'T GOT ANY COMMENTS, THAT'S PROBABLY NOT NECESSARY, BUT IF WE WANNA HAVE A SLIGHTLY MORE SUBSTANTIVE DISCUSSION AT, AT MAY TECH AHEAD OF THE JUNE BOARD, I THINK THAT'S WHAT I WOULD PROPOSE.
DOES THAT WORK FOR ANY, EVERYBODY? ANY QUESTIONS OR COMMENTS? GO AHEAD, NED.
UM, YOU KNOW, CATHERINE, I GUESS THE, THE ONE QUESTION I WOULD, UH, POSE FOR, FOR YOU AND, AND FOR ERCOT IS, YOU KNOW, IS THERE ANY, UH, ADDITIONAL INFORMATION OR QUESTIONS FROM THE BOARD THAT, THAT STAKEHOLDERS CAN, YOU KNOW, SUPPORT? I KNOW, YOU KNOW, NO ONE SOUNDS LIKE NOBODY FILED COMMENTS SPECIFICALLY, BUT IF THERE ARE QUESTIONS FROM THE BOARD, WHAT'S THE RIGHT PROCESS TO TAKE THAT, TAKE THAT FEEDBACK AND, AND PROVIDE IT? I MEAN, I, I THINK THE JUNE DISCUSSION, I THINK THE PLAN RIGHT NOW IS THE, AT THE JUNE, IF YOU'RE IN ATTENDANCE AT THE JUNE DISCUSSION, IF ANY QUESTIONS COME UP, THEN THAT WOULD BE APPROPRIATE.
ANYTHING ELSE? NOPE, THAT'S ALL.
WE'RE GOING TO TAKE ONE ITEM UP OUT OF ORDER.
SO WE'RE GOING MOVE TO OTHER BUSINESS FOR A MINUTE AND GO TO ERCOT BOARD STAKEHOLDER ENGAGEMENT DISCUSSION WITH REBECCA.
AND I'M SORRY THESE WERE POSTED THIS MORNING, SO THEY WERE LATE.
UM, THIS IS KIND OF A RECAP OF THE DISCUSSIONS WE'VE HAD THE LAST FEW MONTHS ABOUT THE NEW STAKEHOLDER PRESENTATIONS AT THE BOARD STARTING IN JUNE.
UM, COY CAN GO TO THE NEXT SLIDE.
I THINK THE ONE THING HERE IS LOOKING AT THE TIME WE'RE TARGETING 15 MINUTES PER SEGMENT AND 15 MINUTES OF QUESTIONS.
THIS WAS ORIGINALLY PROPOSED FOR R AND M.
WE'RE EXPECTING THE SAME DATES, BUT DOING DAY ONE OF THE GENERAL BOARD SINCE R AND M IS NO LONGER.
WE HAVE WORKED A LOT WITH, UM, CAITLIN AND MARTHA AND BOARD LEADERSHIP ON WHAT THIS WILL ACTUALLY LOOK LIKE.
WE'RE DOING TRANSMISSION PLANNING IN JUNE.
KNOW CAITLIN KIND OF HAS TALKED ABOUT THE SEGMENTS.
AND SO IT'LL BE INDUSTRIAL CONSUMER, INDUSTRIAL UTILITY AND INDEPENDENT GENERATOR AND ATTACK LEADERSHIP, UM, WILL BE REACHING OUT TO COMPANIES ON THAT.
AND THEN ONE OF THE KIND OF GUIDING PRINCIPLES OF THIS SHOULD BE FOCUSED ON INSIGHT VERSUS ADVOCACY.
SO THERE'S KIND OF FOUR BULLETS THERE, DISCUSSION PROMPTS, AND JUST KIND OF A FRAMEWORK FOR WHAT THAT WILL LOOK LIKE TO PROVIDE SOME CONSISTENCY.
REALLY, IT'S, UM, TAKING A FUNDAMENTAL INSIGHT OF HOW THIS ISSUE LOOKS LIKE FOR EACH SEGMENT, HOW IT IMPACTS BUSINESS DECISIONS, HOW YOUR SEGMENT ENGAGES WITH ERCOT REGARDING THAT SUBJECT IN THE STAKEHOLDER PROCESS, AND KIND OF WHAT FUTURE AND CURRENT CHALLENGES, UM, WITH TRANSMISSION PLANNING AS AN ISSUE ARE FACING ERCOT.
AND THEN WITH THAT, UM, KNOWING THIS IS A NEW THING, WE ARE GOING TO PULL THE BOARD'S DIRECTORS PRIOR TO, UM, THE PRESENTATIONS AND KIND OF PROVIDE PARTICIPANTS THE QUESTIONS IN ADVANCE THAT WE HAVE.
ANY QUESTIONS OR COMMENTS FOR REBECCA? DO YOU NEED ANY FEEDBACK FROM US TODAY? NO, I THINK WE'LL PROBABLY SCHEDULE ANOTHER CHECK-IN IN THE NEXT TWO WEEKS WITH, YEAH, WITH, I THINK, SO MARTHA AND I HAVE BEEN WORKING WITH THE, THOSE SEGMENTS.
UM, I THINK THINGS ARE MOVING RIGHT ALONG.
SO, UM, I DUNNO IF WE'LL BE BACK IN MAY UNLESS THERE'S ANY QUESTIONS, BUT WE'LL WORK WITH TALK LEADERSHIP TO, UM, START WORKING WITH THE PRESENTERS, OUR INTERNAL TIMELINES, AND GETTING THOSE, UM, QUESTIONS BACK.
AND THEN HOPEFULLY WE'LL HAVE SOME POSITIVE FEEDBACK AND CIRCLE BACK BEFORE SEPTEMBER WITH RTC.
YEP, THAT'S WHAT I WAS GONNA NOTE TOO.
SO THE SEPTEMBER BOARD TOPIC WOULD BE, UH, RTC? YES.
[02:55:01]
I KNOW ONE OF THE GOALS WITH THAT TIMING WAS TO GET FEEDBACK FROM THE START OF MARKET TRIALS.ANY DISCUSSION HERE? THANK YOU.
OKAY, SO WE CAN GO BACK TO ERCOT REPORTS AND WE ARE AT THE LONG-TERM LOAD FORECAST UPDATE.
ALRIGHT, SO JUST WANTED TO COME IN HERE AND TALK TO YOU GUYS ABOUT THE, UH, KINDA LONG-TERM LOAD FORECAST AND, UM, WE'LL START OFF WITH KINDA THE WATERFALL METHODOLOGY, KIND OF HOW TO READ THE FORECAST AND THEN, UH, TALK A LITTLE BIT ABOUT THE ANNUAL PEAKS, EXCUSE ME, AN ENERGY RELATIONSHIP AND HOW THAT'S CHANGING.
AND THEN WE'LL KIND OF GET INTO METHODOLOGIES AND HOW EVERYTHING IS KIND OF FORMED UP FOR THIS YEAR.
AND THE LAST THING IS GONNA BE, UH, SOMETHING A LITTLE NEW FOR YOU GUYS, UH, KIND OF THE OUTAGE PLANNING FORECAST AND, AND, UH, WHAT WE USE FOR THE MORE AS WELL.
ALRIGHT, SO YOU KIND OF, EVERYBODY'S SEEN THIS SLIDE ALREADY.
BASICALLY 50 66 SAYS, HEY, ERCOT, YOU'RE GONNA, YOU KNOW, WE'RE GOING TO, UH, HAVE THE TSP SEND YOU STUFF.
WELL, YOU KNOW, IT ALL KIND OF GOES THROUGH THIS WHOLE THING.
BUT THEN, UH, WE APPLY OUR BASE ECONOMIC FORECAST TO THOSE LARGE LOAD FORECASTS, AND THEN WE APPLY THE EV FORECAST, UH, EXISTING CRYPTO SITES AND WE TAKE THE PV OFF OF THAT.
SO LOOKING AT THE WATERFALL METHODOLOGY HERE, THIS IS KINDA HOW WE BUILD OUT THE FORECAST.
SO WHEN YOU PULL THE FORECAST UP ONLINE, WHAT YOU'LL SEE IS YOU'LL HAVE A BASE FORECAST, WHICH IS THE BASE ECONOMIC FORECAST.
YOU'LL HAVE THE EV FORECAST, THE LARGE FLEXIBLE LOAD FORECAST, CRYPTO, AND THEN THE REDUCTION FOR PV.
THEN YOU'LL HAVE TWO SEPARATE OTHER COLUMNS THAT THAT WILL BE IN THE TDSP PROVIDED AND IN THE ERCOT ADJUSTED THAT, UM, HAS THE CONTRACTS AND THE OFFICER LETTER PROJECTIONS.
AND THIS IS GONNA BE, THIS IS BY ZONE.
SO, AND I'LL SHOW YOU LATER WHERE TO, TO FIND ALL OF THIS.
ALRIGHT, SO LOOKING AT THE RELATIONSHIP BETWEEN THE, UH, ANNUAL ENERGY AND THE PEAK, YOU CAN SEE THAT FOR YEARS NOW IT'S JUST BEEN KIND OF HOVERING AROUND EACH OTHER AND THE RELATIONSHIP'S BEEN PRETTY TIGHT.
UM, BUT AS WE GO FURTHER INTO THE FUTURE, UM, WITH ALL THESE LARGE LOADS, WE'RE EXPECTING THAT THAT RELATIONSHIP WILL CHANGE A LITTLE BIT, THAT YOUR PEAK WILL ACTUALLY COME DOWN IN RELATIONSHIP TO YOUR ENERGY.
NOW PART OF THAT IS DEMAND RESPONSES, UM, PRICE RESPONSES, THINGS OF THAT NATURE, BUT OVERALL, THAT RELATIONSHIP IS EXPECTED TO CHANGE.
ALRIGHT, SO LET'S LOOK AT LAST YEAR VERSUS THIS YEAR.
SO LAST YEAR'S, RFI, WE KIND OF PUT EVERYTHING OUT THERE AND YOU CAN KINDA SEE HOW THINGS GROW THROUGHOUT THE YEARS, RIGHT? WELL, FOR 30, EXCUSE ME, FOR 2030, WE END UP AT 1 48 AND 1 54 31.
IF WE, UH, WHEN WE APPLY LAST YEAR'S FORECAST THIS YEAR, HOWEVER, THAT HAS GROWN SIGNIFICANTLY TO A 2 0 8 AND A TWO 18.
OKAY, SO LET'S BREAK THAT DOWN A LITTLE FURTHER.
LET'S LOOK AT KIND OF THE BASE FORECAST HERE, WHERE WHEN WE GET OUT TO, UH, TO 2031, WE'RE AT, UH, 94 6 FOR THE BASE FORECAST.
THAT WOULD BE THE FORECAST WITHOUT ANY LARGE LOADS OR ANYTHING ELSE ADDED TO IT.
JUST PURE ECONOMIC DRIVERS, RIGHT? THE BIG STEP HERE IS THE DATA CENTERS 86 GIGS, THEN YOU'VE GOT YOUR SMALLER GUYS.
NOW, OIL AND GAS WE KIND OF INCORPORATE IN, IN DIFFERENT WAYS, BUT WE DO HAVE NOW IN OFFICER LETTER AND, AND, AND CONTRACT ABOUT 3,600 MEGAWATTS OF THAT.
WHEN WE GET OUT THERE, THE NE THE NEXT STEP DOWN IS GONNA BE OUR HYDROGEN AT 13 FOUR AND THEN INDUSTRIAL AND, UH, THE CRYPTO KIND OF RIGHT AROUND 11 TO 12.
SO WHEN WE LOOKED AT THIS, WE SAID, OKAY, WHAT IS REASONABLE? SO WE TOOK
[03:00:01]
AND WE LOOKED AT ALL THESE DATA CENTERS THAT WE COULD INSIDE THE, THE, UH, COMPETITIVE AREAS.WE LOOKED AT THE LARGE LOAD INTERCONNECTION QUEUE, WE LOOKED AT WHAT INFORMATION WE HAD GOTTEN FROM THE TSPS PRIOR ABOUT START DATES, THINGS LIKE THAT WITH THESE LARGE LOADS.
AND SO WE IDENTIFIED THREE KIND OF KEY AREAS THAT, UH, THAT WE COULD MAKE A LITTLE MORE OF A JUDGMENT CALL ON THE FIRST HERE BEING 180 DAY DELAY.
SO THE, WHEN YOU LOOK AT THE INTERCONNECTION QUEUE, AND YOU LOOK AT WHAT WE HAD FOR CONTRACTS AND OFFICER LETTERS AND THEIR START DATES PRIOR.
UM, SO LOOKING AT 23, 24, BASICALLY THAT WAS A LITTLE OVER 200 AND SOME DAYS WE FIGURED, OKAY, 180 DAYS, NICE AND CLEAN.
IT MAKES IT EASIER TO PROGRAM IT, EASIER TO INCORPORATE IT INTO THE FORECAST.
SO THEN WE STARTED LOOKING AT THE DATA CENTERS THEMSELVES AND WE SAID, YOU KNOW, WE, WE IDENTIFIED THE DATA CENTERS AND WE SAID, OKAY, WHAT DID THEY REQUEST? WHAT DID THEY WANT? WHAT DID THEY SAY THEY WERE GONNA HAVE? AND WE TOOK THAT ALONG WITH, WE ALSO HAD SOME, UH, FLOOR, UH, SQUARE FOOTAGES AND THINGS LIKE THAT.
WE SAID, OKAY, JUST OFF OF WHAT THEY ARE ASKING, WHAT THEY ASKED FOR VERSUS WHAT THEY ARE ACTUALLY CONSUMING, WHERE DO WE GET AND IF WE TOOK THEIR PEAK LOAD, SO THEIR KIND OF THEIR, THEIR PEAK LOAD NON COINCIDENTAL, WE CAME UP WITH 49.8%.
SO, OKAY, SOME ARE ABOVE THAT, SOME ARE BELOW THAT, BUT IN THE AVERAGE, THAT'S WHERE IT WAS.
AGAIN, AS MUCH A SITE AS WE HAVE, BECAUSE WE CAN ONLY SEE IN THE COMPETITIVE AREAS AND WE DON'T HAVE A HUGE HISTORY EITHER WITH THESE GUYS.
SO, UM, THIS BECOMES ANOTHER FLEXIBLE THING.
AS, AS MORE DATA CENTERS COME IN, WE OBSERVE MORE, WE SAY, OKAY, THESE DATA CENTERS, THEY'RE, THEY'RE DOING MORE NOW.
SO WE CAN ADJUST THAT UP, RIGHT? UM, THEN WE GET TO THE OFFICER LETTER REDUCTION.
SO WE, WE LITERALLY HAVE TWO YEARS WORTH OF OFFICER LETTER HISTORY, BUT WE DO HAVE QUITE A FEW OFFICER LETTERS THAT WE'RE SUPPOSED TO ENERGIZE IN THE PAST YEAR.
AND SO WE LOOKED AT THOSE AND WE SAID, OKAY, OF THOSE THAT WERE THERE, HOW MANY ENERGIZED? AND THAT WAS 55.4%.
NOW, IF WE LOOKED AT IT FROM A MEGAWATT STANDPOINT, SO WE SAY, OKAY, WITH WHAT THEY REQUESTED IN MEGAWATTS, HOW MUCH WAS ACTUALLY THERE WITH THAT, THAT GOES DOWN TO 26%.
SO WE DECIDED TO GO WITH THE, THE LARGER NUMBER THERE AND SAY, OKAY, WE'RE GONNA CUT IT DOWN TO 55.4% AS OPPOSED TO 26%, WE'RE JUST GONNA SAY ENERGIZED, NOT MEGAWATTS.
SO IN THE END, WHAT DOES THAT MEAN? ALRIGHT, SO NOW WE BRING IT DOWN TO KIND OF THE
THIS IS ACTUALLY FUNNY THING ABOUT THIS CHART.
PABLO ACTUALLY SENT ME A HAND DRAWING ONE NIGHT AND WAS LIKE, I WANT THIS CHART.
AND SO THAT'S HOW THIS CHART CAME ABOUT
I ACTUALLY HAVE IT HANGING UP IN MY OFFICE.
UM, SO WE
LIKEWISE, UM, SOME OF THE, THE OFFICER LETTERS CUT THE OTHER AREAS BACK AS WELL, UH, WITH THE CRYPTO COMING FROM, FROM RIGHT AT 12 BACK TO EIGHT, AND THEN SEVEN FOR THE INDUSTRIAL AND NINE FOR THE, UH, FOR THE HYDROGEN.
HYDROGEN BEING THE ONE THAT E EVERYBODY SEEMS TO WANT TO TALK ABOUT.
SO THAT'S KIND OF WHERE WE, WHERE WE END UP.
AND SO AS YOU CAN SEE HERE, I'M GONNA GO BACK TO THIS SLIDE SO THAT I CAN SHOW YOU THAT TWO 18 IS THE NUMBER AS PRESENTED BY THE TSPS, RIGHT? SO IF WE PUT THE, IF WE PUT THEIR NUMBERS ON TOP OF OUR
[03:05:01]
ECONOMIC FORECAST WITH OUR EVPV AND FLS, THAT'S WHERE WE GET DOING THIS.NOW, IF WE WERE TO DO IT THE WAY THAT WE DID, UH, PRIOR TO 23, SO WHERE WE JUST ACCEPTED THE CONTRACTS ON IT, THAT WOULD LEAVE US AT ONE 19.
SO IT IS A STILL A SIGNIFICANT JUMP UP FROM WHERE WE WERE.
UM, AND I THINK THAT IT WAS KIND OF TRYING TO FIND OUT, YOU KNOW, OKAY, CAN YOU KNOW WHAT CAN WE DO THAT'S BETTER THAN WHAT WE WERE DOING, BUT ALSO NOT OVERWHELM EVERYTHING.
ALRIGHT, SO THE USES FOR THIS, UH, CDR, RIGHT? SO WHEN WE'RE LOOKING AT THE COMPA, UH, CAPACITY AND DEMAND RESERVES REPORT, THIS IS GOING WHAT WE'RE GONNA TRY TO PUT IN THERE.
UH, ALSO FOR THE RTP, UH, AS WELL, THAT IS WHERE, THAT'S LIKE THE, THE BIG AREA.
WE'RE GONNA USE THIS PROJECTION ESPECIALLY AT 31.
UM, YOU KNOW, RPG KIND OF FOLLOWS SUIT AND THEN RESOURCE OUTAGE SCHEDULING.
AND THAT KIND OF GOES TO WHAT FRED WAS TALKING ABOUT EARLIER.
YOU KNOW, WHEN WE LOOK AT THE LONGER TERM PROJECTION, THAT'S WHERE THEY WANT TO, UH, TO BRING THAT DOWN.
BUT IN THE SHORTER TERM, WE'RE DOING SOMETHING A LITTLE DIFFERENT NOW WITH THE 90TH PERCENTILE FORECAST FOR OUTAGE STUDIES, THIS ALSO LEADS INTO THE MORA AS WELL.
AND WHAT'S, UH, WHAT WE END UP WITH IS, SO WE'RE GONNA GET LUCKY THAT THIS BOLT WILL NOT BE SHOOTING AT US.
FORTUNATELY, PLAYING THIS AGGRESSIVE IS PROBABLY NOT RECOMMENDED, BUT IT'S FINE WHEN YOU SHOULD BE WORK YOUTUBE.
ANYONE
YOU DON'T QUITE HAVE THE HIGHEST DEEP.
IT WAS A GOOD PAUSE POINT ANYWAY, RIGHT? WE'RE WE'RE, WE'RE SWITCHING OVER TO SOMETHING A LITTLE MORE OPERATIONAL
ALL RIGHT, SO WHAT THE 90TH FORECAST FOR, FOR OUTAGE OUTAGES IS IT'S A, LOOKS OUT 24 MONTHS.
IT'S THE 90TH PEAK FOR EACH WEEK.
UM, IF YOU TRY TO DO IT ON A DAY-TO-DAY BASIS, THINGS END UP A LITTLE CHOPPY.
SO WE DO IT ONE WEEK AT A TIME.
AND WHAT WE STARTED USING WAS WE HAD THE, THE BASE, THE EV, THE LFL AND THEN TAKE THE PV OUT.
WELL THEN IT WAS, OKAY, SO NOW WE HAVE TO PUT THESE LARGE LOADS ON TOP OF IT AND IT WAS CAUSING A LOT OF PROBLEMS. WE WERE, YOU KNOW, UM, THE OUTAGE COORDINATORS WOULD COME BACK AND SAY, LOOK, YOU KNOW, WE CAN'T STUDY THESE NUMBERS.
THIS, THIS DOESN'T LOOK RIGHT.
AND IT WOULDN'T ALLOW THEM TO DO WHAT THEY NEEDED TO DO.
SO WHAT WE DECIDED TO DO WAS WE TAKE THIS 90TH PERCENTILE FORECAST AND INSTEAD OF BASING IT ON CONTRACTS AND OFFICER LETTERS, WE BASE IT ON WHAT IS CLEARED TO ENERGIZE IN THE, IN THE INTERCONNECTION QUEUE.
SO FOR THE FIRST 180 DAYS OF THE INTERCONNECT OF THE, OF THIS FORECAST, WE USE THE INTERCONNECTION QUEUE'S NUMBERS.
WHAT IS, WHAT IS ACTUALLY CLEARED TO COME ON ONE AFTER THAT 180 DAYS, IT REVERTS BACK TO THE CONTRACT AND OFFICER LETTERS FORECAST.
THIS HAS ACTUALLY HELPED OUT A LOT.
UM, NOW AS BILL LEVINS KIND OF MENTIONED EARLIER, IT'S NOT EXACTLY PERFECT BECAUSE THERE'S STILL A LOT OF STUFF THAT'S IN THE INTERCONNECTION QUEUE THAT IS, THAT IS THERE AND SAYS IT'S CLEARED TO ENERGIZE ON ITS SCHEDULE, RIGHT? BUT IS NOT ACTUALLY SHOWING UP.
SO, UM, YOU KNOW, KIND OF, THAT'S ONE OF THE THINGS THAT WE LOOK AT AND SAY, OKAY, WE'RE JUST GONNA KIND OF ACCEPT THAT, THAT LITTLE MARGIN OF ERROR THERE.
UM, AND, BUT IT, AGAIN, IT DOES WORK OUT MUCH BETTER THAN JUST HAVING THE CONTRACTS AND OFFICER LETTERS.
ALRIGHT, SO LASTLY, WHERE TO FIND IT.
SO IN, IN AS MUCH TRANSPARENCY AS, AS ERCOT CAN DO IS, IS WHAT WE'RE, WE'RE AFTER HERE.
SO, UM, WE, WE POST THE TDSP PROVIDED FORECAST AND THE ERCOT FORECAST, AND IT'S FULL ALL THE WAY OUT TO 44.
KATE KATE'S KEEPING ME STRAIGHT HERE.
BUT WE ALSO GIVE, OH MAN, LAST YEAR WE POSTED THE, THE CHART WITH THE BREAKDOWNS AND UH, EVERYBODY WAS LIKE, HEY, WHERE'S, WHERE'S THE NUMBERS? UM, SO THIS YEAR WE DECIDED TO PUT THE NUMBERS ON THE CHART AND UH,
[03:10:01]
SO WE HAVE BOTH FORECASTS IN CONTRAST, YOU CAN SEE IT RIGHT THERE, KIND OF WHAT WHAT WE ADJUSTED IT TO AND WHAT IT ORIGINALLY WAS.AND, UH, WE'RE ALSO ADDING ANOTHER FORECAST, UH, TODAY OR TOMORROW.
UH, BASICALLY WE'RE GONNA PUT THE WEATHER YEAR FORECAST OUT THERE AS WELL.
SO BASICALLY GOING BACK TO 1980, IF THIS CON IF THESE CONDITIONS WERE MET, WHAT WOULD IT LOAD LOOK LIKE ON THOSE DAYS? UM, SO WE'RE KIND OF EXCITED ABOUT THAT.
BUT YEAH, SO PLEASE DO USE OUR WEBSITE.
AGAIN, EVERYTHING IS THERE AS MUCH AS WE CAN AND WE ARE TOTALLY OPEN TO ANSWERING ANY QUESTIONS.
WHAT WAS THE 44 YOU JUST MENTIONED? THE, OH, YOU SAID 44? UH, 2044.
YEAH, WE HAVE, WE HAVE, UH, QUITE A QUEUE, SO I'M SURE
ARE WE AT A GOOD, GOOD SPOT? YES, MA'AM.
ALRIGHT, LET'S START WITH MARK DREYFUS.
ISN'T IT 44? LIKE THAT'S SO FAR OUT.
YEAH, IT'S LONGER OUT THAN 42.
FOR SOME OF US WHO BLINKING, IT'S GONE.
UM, I, I DON'T WANNA GO TOO FAR OFF TOPIC, BUT THI THIS PRESENTATION SPARKS IN ME A SMALL PET PEEVE THAT I WANTED TO SHARE WITH YOU ALL.
IT'S NOT A PET PEEVE, BIGLY, IT'S A SMALL PET PEEVE.
BUT NOW THAT THIS IS THE FOURTH TIME I'VE SEEN A VERSION OF THIS PRESENTATION FOUR TIMES, SMALL PET PEEVES GETTING A LITTLE LARGER.
AND THIS HAS NOTHING TO DO WITH SAM, NOT ABOUT YOU AT ALL.
UM, AND, AND THE THING THAT CATCHES MY INTEREST IS THAT, UH, WE'RE REQUIRED BY LAW IN OUR PLANNING TO INCORPORATE HISTORICAL LOAD, FORECASTED LOAD GROWTH AND ADDITIONAL LOAD CURRENTLY SEEKING INTERCONNECTION.
AND THAT'S THE OFFICER LETTER LOAD.
THAT LAST PART AND THE SHORTHAND THAT WE HAVE TAKEN TO CALLING THIS IS 5 0 6 6 LOAD.
AND THAT IS ACTUALLY FAKE NEWS, OR YOU MIGHT CALL IT ALTERNATIVE FACTS.
UM, HB 5 0 6 6 WAS PASSED BY THE TEXAS LEGISLATURE IN 2023, AND IT DOESN'T REALLY ADDRESS THOSE TOPICS.
IT'S THE PERMIAN BASE AND RELIABILITY PLAN.
THE, THE ORIGIN FOR THIS REQUIREMENT WAS ACTUALLY PASSED TWO YEARS EARLIER IN SENATE BILL 1281.
UM, THAT'S THE REQUIREMENT THAT WE CONSIDER HISTORICAL LOAD, FORECASTED LOAD GROWTH, AND, UH, LOAD CURRENTLY SEEKING INTERCONNECTION.
THAT WAS, UH, BECAME EFFECTIVE IN THE LAW.
SEPTEMBER 1ST, 2021, IT WAS ADOPTED INTO THE COMMISSION RULES AND SUBSTANTIVE RULE 25.101 B THREE, ROMAN TWO, ROMAN TWO.
I JUST LIKE SAYING THAT, UM, ON NOVEMBER 30TH, 2022.
SO THESE REQUIREMENTS HAVE BEEN IN THE LAW FOR FOUR YEARS, BUT WE REFER TO THEM BY THE SHORTHAND THAT'S ONLY TWO YEARS OLD.
AND IT STRIKES ME AS IMPORTANT BECAUSE WE'VE HAD FOUR YEARS TO TAKE STEPS TO VALIDATE THE SB 1281 LOAD.
AND I, AND I THINK WE'VE LOST A LOT OF THAT TIME AND THIS LOAD FORECAST.
WHILE I APPRECIATE ERCOT TRYING TO TAKE THESE STEPS KIND OF BACKWARD, LOOKING AT ADJUSTING THE LOAD FORECAST IS VERY SWISH.
AND SO I, I THINK WE'VE LOST OPPORTUNITY.
UM, AND, AND, AND WE DID THAT COLLECTIVELY BY NOT MOVING FORWARD ON THIS.
SO, UM, WE CAN'T GET THE TIME BACK, BUT I THINK WE SHOULD HONESTLY RECOGNIZE WHERE WE ARE AND WHY.
AND THIS, THIS INACCURATE REFERENCE TO 5 0 6 6 LOAD JUST KIND OF SOUNDS TO ME LIKE AN EXCUSE.
SO THANK YOU FOR INDULGING ME.
I KNOW THAT'S A LITTLE BIT OFF TOPIC, BUT IT'S SOMETHING THAT, HAVING BEEN WORKING ON THIS ISSUE STARTING IN THE PLWG FOUR YEARS AGO IS REALLY STICKING WITH ME AS I'VE HEARD THIS PRESENTATION NOW FOUR TIMES.
HEY, CAITLIN, CAN I, CAN I RESPOND TO THAT REAL QUICK? SURE.
MARK, I HAD THE LOOK AROUND
UM, I, I APPRECIATE THE, THE HISTORY LESSON THERE, MARK.
[03:15:01]
UM, SO I, I THINK PLWG DID START DISCUSSING THIS, BUT THE WORLD HAS SIGNIFICANTLY CHANGED IN THE LAST YEAR OR TWO WITH THE LOAD GROWTH.WE, THREE OR FOUR YEARS AGO, WE WERE NOT TALKING ABOUT THIS SIZE OF LOAD GROWTH.
AND, AND SO I, I, I THINK THE, THE WORLD HAS CHANGED AND I THINK WE'RE ALL TRYING TO, UH, ADAPT WITH IT.
SO FOR THE BASE FORECAST, UM, HAS THAT CHANGED MUCH LATELY? ARE WE STILL DOING A PREMISE FORECAST AND, UM, UM, THEN TRY TO GUESS THE PREMISE, UH, CONSUMPTION? IS THAT STILL? YEP.
AND SO, UM, HAVE YOU HAD A, A CHANCE TO LOOK AT WHETHER THAT STILL IS, UM, AS, AS ACCURATE AS IT HAS BEEN IN THE PAST AS WELL? 'CAUSE HISTORICALLY THAT WAS PRETTY ACCURATE.
IT IT, HAVE YOU EVALUATED THAT RECENTLY? YES, WE EVALUATED THAT LAST, LAST YEAR'S USING LAST YEAR'S FORECAST.
WE ACTUALLY, UH, AND I CANNOT, I CANNOT REMEMBER WHAT GROUP IT WAS, BUT WOODY ACTUALLY PRESENTED, UM, THE, WE DID EVERY, WE DID EVERY YEAR, FIVE YEARS PRIOR, LOOKING AT THE ECONOMICS, UM, AND HOW THAT PLAYED OUT.
AND THEN WE LOOKED AT THE WEATHER AVERAGES AND HOW THAT PLAYED OUT.
AND, AND THAT ALSO USES A, A NEURAL NETWORK, UH, APPROACH AS WELL, RIGHT? YES.
ARE YOU USING A NEURAL NETWORK APPROACH FOR ANY OF THIS, YOU KNOW, MORE RECENT ACTIVITY, OR IS, OR ARE YOU NOT? NO.
UM, SIMPLY BECAUSE LIKE, I MEAN, YES, NEURAL NETWORK WOULD BE GREAT IN THE FACT THAT YOU DON'T HAVE A HUGE AMOUNT OF DATA, RIGHT? BUT THE, THE BIGGEST ISSUE WAS WE JUST WENT, WE JUST SAID, OKAY, WE'RE JUST GONNA DO IT BASED OFF OF AVERAGES OF WHAT WE'VE OBSERVED.
UM, NOW AS WE GET FURTHER INTO IT, YOU COULD MODEL, YOU KNOW, MODEL IT.
DID YOU HAVE TO ITERATE AT ALL ON THAT 90TH PERCENTILE FORECAST FOR THE OUTAGES IN ORDER TO GET TO A FORECAST THAT WOULD ALLOW US TO TAKE OUTAGES? WAS LIKE, WAS THAT KIND OF, DID YOU HAVE TO BACK INTO IT IN ORDER TO CREATE OKAY.
WE JUST, WE SAID, HEY, HERE'S THE ECONOMIC FORECAST, HERE'S EV ALL THAT GOOD STUFF.
AND THEN WE SAID, HERE'S THE LARGE LOAD INTERCONNECTION QUEUE.
BUT I MEAN, FOR THE, FOR THE, THE 90TH PERCENTILE ONE THAT WAS, YEAH.
THIS, THIS GUY RIGHT, RIGHT HERE? YEAH.
AND THEN USING THIS AND THE OUTAGE, UM, STUDY PROCESS, THIS, THERE ARE NOW KIND OF WINDOWS THAT ARE AVAILABLE FOR OUTAGE PLANNING OR, OR, UH, IT ALLOWS THEM TO SOLVE BETTER? YES.
HEY, SAM, APPRECIATE THE INFORMATION AS, AS ALWAYS.
UM, SLIDE FIVE, JUST CONFIRMING THE FORECASTED PEAK HERE IS THE ERCOT ADJUSTED PEAK? YES.
AND THEN SLIDE BEFORE THAT ON FOUR.
SO WE HAD A QUESTION ON HOW, UM, I'M ASSUMING THIS IS THE GROSS PEAK LOAD.
THIS IS, UM, HOW WILL YOU GUYS INCORPORATE A BATTERY CHARGING LOAD GIVEN THAT, UH, SINCE, I MEAN, LAST SUMMER WE STARTED TO SEE THAT BATTERIES MAY BE CHARGING OVER THE GROSS PEAK HOUR TO BE AVAILABLE DURING THE PEAK NET LOAD HOUR WHEN PRICES ARE HIGHER.
AND WE DON'T SEE A, A COMPONENT HERE THAT INCORPORATES CHARGING LOAD.
I KNOW THAT'S PROBABLY DIFFICULT TO DO, BUT I'M WONDERING HOW YOU GUYS THINK ABOUT BATTERIES CHARGING DURING GROSS PEAK.
SO AGAIN, THIS IS A, THIS IS A NATIVE LOAD, SO SETTLED.
SO BATTERIES ARE NOT A FACTOR.
UM, AND AS WE MOVE THROUGH RTC PLUS B, THAT WON'T BE A LOAD GOING FORWARD.
SO WHEN WE GET OUT THIS FAR, IT WON'T, THEY WON'T BE THERE IN THE LOAD.
WE, WE, AND, UH, YEAH, SO, YOU KNOW, TIES AND, AND, AND CHARGING.
OKAY, SETH? YEAH, I WANNA MAKE SURE I UNDERSTAND.
[03:20:01]
SO WHEN YOU CAME TO THOSE, UH, 49.8% AND 55.4, YOU WERE BASICALLY LOOKING AT WHAT OF ALREADY, UM, LARGE LOADS, UH, THAT HAVE COME ONLINE COMPARED TO WHAT THEY CAME ONLINE AT, COMPARED TO WHAT THEY STATED YEP.SO, UM, WITHIN THAT SET, THAT SAMPLE SET, UM, WAS THERE ANY, WAS THIS MOSTLY COMPUTING LOAD OR WAS THIS, SO ARE YOU ASKING IF THIS WAS, IF WE KNOW WHETHER IT WAS CLOUD COMPUTING AI, WE KNOW NO, WELL, LET ME BE, WAS IT COMPUTING LOAD? WAS IT INDUSTRIAL LOAD? WAS IT HYDROGEN? LIKE, WELL, WE'RE TALKING ABOUT THE 49.8.
THAT IS, THAT IS, OH, IT'S DATA CENTER.
THEN WHAT ABOUT THE ONE UNDER THAT, THE 55.4? SO 55.4 IS, IS, IT DIDN'T MATTER WHAT IT WAS, IT WAS JUST, IS IT A, IS IT AN OFFICER LETTER? DID, WHEN WAS IT SCHEDULED AND DID IT COME TO FRUITION? OKAY.
AND WHEN I THINK ABOUT THE DIFFERENT CLASSES OF LOAD WITHIN THAT, WAS THERE ANY HYDROGEN? I'M SURE THERE WAS, BUT I WOULDN'T BE, I WOULDN'T BE ABLE TO SAY HOW MUCH.
JEREMY, VERY SIMILAR FOLLOW UP QUESTION ON THE 49.8.
CAN YOU DESCRIBE ONE MORE TIME EXACTLY HOW THAT
CAN YOU DESCRIBE ONE MORE TIME HOW THE 49.8 IS CALCULATED? OKAY, SO WE LOOKED AT THE DATA CENTERS THAT ARE EXISTING, SO WHAT IS, WHAT WE KNOW IS THERE IN THE COMPETITIVE AREAS.
AND WE LOOKED AT THEIR LOAD VERY SPECIFICALLY, RIGHT? AND WE SAID, OKAY, WHAT DID THEY COME ON AT WITH THE, WHAT DID THEY REQUEST TO COME ON AT AND WHAT ARE THEY, WHAT IS THEIR PEAK NOW? SO WHAT IS THE PEAK CONSUMPTION THAT THEY'VE HAD OVER THE PAST, UH, TWO YEARS? AND SO WE AGGREGATED THOSE PEAKS UP VERSUS WHAT WAS REQUESTED SO THAT, UH, BASICALLY IT'S A NON COINCIDENTAL PEAK OF THE DATA CENTERS.
CAN WE GO THROUGH THE QUEUE?
HENSON SPEAKING ON BEHALF OF ENCORE.
SO WE APPRECIATE YOU BRINGING THIS HERE TODAY, SAM, I KNOW IT'S BEEN DISCUSSED, UH, AT SEVERAL PLACES DURING THE PAST FEW WEEKS NOW, BUT I THINK THIS IS ACTUALLY THE FIRST TIME WE'VE HAD A STAKEHOLDER DISCUSSION ON IT, SO THANK YOU FOR ALLOWING FOR THAT.
UM, I THINK, YOU KNOW, ENCORE'S HOPE IS THAT THE METRICS YOU'RE USING FOR THE ADJUSTMENT HERE ON SLIDE EIGHT WOULD CONTINUE TO BE LOOKED AT AND EVALUATED OVER TIME, SINCE WE REALLY DON'T HAVE A LOT OF HISTORY TO GO ON FOR THESE SO FAR.
UM, I THINK OUR BIGGER CONCERN THOUGH IS HOW THE, UH, WE'VE BEEN CALLING IT HAIRCUT ANECDOTALLY IS APPLIED GEOGRAPHICALLY.
UM, WE, WE'VE ACTUALLY SUBMITTED OFFICER LETTERS TO ERCOT FOR THREE TIMES NOW OVER THE YEARS.
AND GIVEN THAT, UH, THE 2024 OFFICER LETTER INFORMATION WAS INCORPORATED INTO THE 2024 RTP, AND WE'RE NOW USING THAT RTP FOR OUR STUDIES, UH, WE, WE REALLY WANT THERE TO BE A, A DELIBERATE METHODOLOGY FOR HOW THE 55% AND THE 49%, ALTHOUGH I THINK THE 40 NINE'S A LITTLE MORE STRAIGHTFORWARD, BUT HOW THOSE ARE APPLIED GEOGRAPHICALLY TO THE LOAD BUSES IN THE CASES.
AND WE LOOK FORWARD TO, UH, HOPEFULLY HAVING SOME TIME TO WORK WITH ERCOT ON THAT, IS THAT PROCEEDS.
UM, AND THEN THE LAST THING I WOULD SAY IS JUST, YOU KNOW, WE TALKED ABOUT THIS PROCESS BEING NEW AND, UH, WE'RE SEEING SOMETHING DIFFERENT THIS YEAR THAN WE SAW LAST YEAR.
I KNOW SOME OF THAT IS JUST THE STRUGGLE WITH THE NEW PROCESS AND NEW INFORMATION THAT YOU'RE RECEIVING, BUT OUR HOPE TOO IS THAT THERE CAN BE SOME CONSISTENCY GOING FORWARD, UH, AFTER THE DUST SETTLES FOR THIS YEAR, UM, SO
[03:25:01]
THAT WE AREN'T DOING THESE SORT OF AD HOC ADJUSTMENTS EVERY YEAR GOING FORWARD, AND TSPS CAN KNOW WHICH FORECAST AND WHAT METHODOLOGY WE'RE ULTIMATELY USING IN OUR PLANNING PROCESSES.SO I JUST WANTED TO PROVIDE THOSE COMMENTS.
AND AGAIN, THANKS FOR BRINGING THE CONTENT HERE TODAY.
AGAIN, AGAIN, YOU KNOW, THE WHOLE IDEA BEHIND THIS IS THAT THE, THE NUMBERS ARE FLEXIBLE, RIGHT? IT, IT'S GONNA CHANGE OVER TIME AS WE GET MORE AND MORE DATA.
BRIAN SIMS. WELL THAT WAS A PERFECT LEAD INTO MY QUESTION IS, UH, HOW OFTEN DO YOU SEE YOURSELF REVISING THIS FORECAST? IS THIS A ONCE A YEAR THING, OR IF YOU GET MORE DATA, UM, WHERE YOU KNOW YOU'VE GOT MORE LOAD THAT'S GOT SIGNED CONTRACTS, IS THAT SOMETHING THAT'S GONNA BE UPDATED? SO RIGHT NOW IT'S AN, IT'S AN ANNUAL.
UM, YOU KNOW, WE WILL SOLICIT FOR THE RFI IN THE FALL AND THEN START PUTTING EVERYTHING TOGETHER.
UM, THIS YEAR IT WAS A, A, A VERY LARGE LEARNING CURVE IN TRYING TO, TO GET THERE AGAIN.
UM, YOU KNOW, THE ORIGINAL RFI WAS A VERY BASIC, UH, SPREADSHEET THAT KATE AND I PUT TOGETHER IN PROBABLY ABOUT AN HOUR, UM, FOR US TO FIGURE OUT WHAT WE NEEDED TO PUT IN THERE.
UH, AND THEN THIS YEAR IT WAS A LOT MORE THOUGHT PROCESS.
WE GOT EVERYBODY IN ERCOT INVOLVED AND SAID, OKAY, WHAT INFORMATION DO WE NEED? AND WE EXPECT THAT TO EVOLVE AS WELL.
UM, AND, YOU KNOW, COULD IT BECOME A A EVERY SIX MONTHS? IT VERY WELL, COULD I, YOU KNOW, AGAIN, UH, CA LIMIT SOMETIMES, YOU KNOW, YOU FALL AGAINST STAFFING IS THE ONLY BIG ISSUE WITH THAT
AND JUST TO, UM, ALSO WANT TO TAKE THIS OPPORTUNITY TO SAY THANK YOU SOME OF THE STUFF THAT'S IN HERE OR THINGS THAT I'VE BEEN ASKING FOR.
SO I'M GRATEFUL TO SEE THE BREAKDOWN BY TYPE.
AND, UH, ALSO JUST WANNA SAY THANKS TO JULIE TOO, IN CASE SHE'S LISTENING TOO BECAUSE, UH, SHE'S THE PERSON I KEEP ASKING, SO I APPRECIATE IT.
ON SLIDE 10, YOU HAVE THE USE CASES FOR THE ADJUSTED, UH, LOAD FORECAST.
SO I'M THINKING ABOUT THE TSB PROVIDED LOAD FORECAST.
I SEE THAT THAT IS USED FOR THE RPG PROJECTS, AT LEAST IT CAN BE.
WHAT ELSE IS THE TSB PROVIDED LOAD LOAD FORECAST USED FOR? I'M NOT SURE.
UM, AGAIN, AS WE KIND OF GO INTO THIS, YOU KNOW, IT'S, IT'S A BIT OF A SHIFTING OF THE GEARS AND WE'RE NOT, YOU KNOW, THERE'S NOT A HUNDRED PERCENT YEP.
UM, YET, HOWEVER, BU IF YOU WANT, IF YOU HAVE ANY INSIGHT, MY INSIGHT, UM, I'VE JUST BEEN KIND OF WATCHING THIS AND I FEEL LIKE, UH, ERCOT IS DOING WHAT THEY'RE GOING TO DO
SO I, I DON'T REALLY HAVE MUCH INSIGHT ON IT.
UH, I, I MEAN, I HAVE MY PERSONAL OPINIONS ON ALL THE SLOW FORECASTING, BUT I DON'T WANNA RUFFLE ANY FEATHERS HERE.
THAT'S, YOU KNOW, I SEE WHAT YOU'RE SAYING.
WELL, I, YOU KNOW, I THOUGHT I'D ASK THE QUESTION BECAUSE YOU HAVE THE, UH, THE, YOU KNOW, THE USES HERE FOR THE ADJUSTED FORECAST, AND I WAS WONDERING WHAT USE WILL THE, UM, TSP PROVIDE A LOW FORECAST HAVE GOING FORWARD? SO THIS IS SOMETHING TO THINK ABOUT.
I'D BE CURIOUS TO HEAR MORE ABOUT THAT COMMENT.
PBU, DID YOU WANT TO ADD TO THAT? YEAH, I, I, I, I THINK FOR NOW IT'S RPG, ANYTHING THE TSP PROVIDED FORECAST WITH THE PROPOSED PROJECT, WE PLAN TO USE THE RPG ANALYSIS AND THAT'LL GO THROUGH THE STAKEHOLDER PROCESS WHEN THE PROJECT GETS APPROVED.
AND THE ONLY OTHER PLACE I CAN THINK OF IS THE LTSA LONG-TERM ASSESSMENT THAT WE COULD, WE MIGHT USE THAT, WHICH IT'S JUST NOT, YOU KNOW, DECIDED YET.
WE'LL, WE'LL GO THROUGH THE, THE DISCUSSIONS AS PART OF THE PLWG.
I WAS JUST WONDERING IF AT SOME POINT, IF IT EVER SUNSETS, LIKE IF ITS USE CASE WAS MOSTLY JUST FOR THE PERMIAN BASIN PLAN, OR IF THIS IS SOMETHING THAT WE SHOULD EXPECT, UH, SORT OF, I GUESS A PERPETUITY.
I, YEAH, IF YOU HAVE FLAVOR ON THAT.
[03:30:01]
I GUESS I'M, THERE ARE OTHER PLACES THAT HAVE LOAD GROWTH BESIDES JUST THE PERMIAN BASE AND SETH, I, I, I GUESS I WANNA UNDERSTAND IF YOU'LL GO BACK TO YOUR, THE, YOUR SLIDE SIX, I GUESS.SO WHEN YOU'RE DOING YOUR RPG WORK, RTP, SORRY, UM, THEN YOU'RE GOING, YOU'RE BASICALLY GONNA IGNORE THE TDSP LOAD FORECAST OR FIT MORE THAN 50% OF IT.
IT SOUNDS LIKE, UM, WHEN YOU'RE RUNNING THOSE PLANS FOR 2030, WHAT ARE YOU GONNA DO WHEN THE TRAJECTORY CHANGES? AND WE DO NEED THE TRANSMISSION TO SERVE THAT LOAD AND YOU'VE HAIRCUT OUR WAY OUT OF BEING ABLE TO BUILD IT.
SO I THINK WATER CUT HAS DECIDED IS TO USE THIS ADJUSTED FORECAST FOR THIS CURRENT RTP, AND WE ALL KNOW LAST RTP, RIGHT.
WE USED, UH, WE USED THE FORECAST WITHOUT ANY ADJUSTMENTS AND WE DID HAVE ISSUES WITH RESOURCES.
SO, I MEAN, I, I THINK, YOU KNOW WHAT, WE ARE PLANNING TO USE THIS, AND THERE'S THE OTHER PART THAT'S NOT DISCUSSED IS THE RESOURCES TO MEET THE LOAD.
SO, YOU KNOW, YOU, YOU COULD GO USE HIGHER LOADS.
I MEAN, EVENTUALLY THAT'S A CHALLENGE WE NEED TO SEE, LIKE, YOU KNOW, IF, IF YOU USE FORECAST ABOUT WHAT ERCOT IS USING, THERE IS ALSO THE CHALLENGE WITH RESOURCES ADDED TO COST.
OH, WELL, I AGREE AND UNDERSTAND.
I MEAN, YOU CAN'T ADD, YOU, YOU, YOU, YOU GOTTA GET THE GENERATION FROM SOMEWHERE AND WE'VE GOTTA MAKE ASSUMPTIONS THERE PERHAPS.
BUT, UM, NONE OF IT'S GONNA BE, UH, UH, POSSIBLE IF WE DON'T ACTUALLY HAVE THE TRANSMISSION AND THE CONNECTABILITY.
I DUNNO IF THAT'S A NONSENSICAL WORD, UM, FOR THIS LOAD.
SO, UM, AND THEN I, I GUESS MY OTHER QUESTION IS, SO WHEN YOU'RE, YOU'RE IGNORING THE FORECASTED LOADS FROM THE DISTRIBUTION PROVIDERS, HOW, ARE YOU JUST HAIR CUTTING THAT ACROSS THE BOARD OR ARE YOU PICKING WHAT, WHAT, WHAT'S THE PROCESS THERE? SO WE ARE HAVING INTERNAL DISCUSSIONS AND WE PLAN TO DISCUSS THIS WITH THE TSPS ONCE WE, ONCE WE DECIDE HOW WE ARE GONNA IMPLEMENT THAT.
SO WE'LL FIGURE OUT WHO GETS TO EAT AND WHO DOESN'T.
I, YEAH, I'M NOT THRILLED, BUT I DO, LIKE MARTHA SAID, I'M, I'M LOOKING FORWARD TO OUR DISCUSSIONS ABOUT IT.
'CAUSE IT, IT, YOU KNOW, WE, WE DON'T TAKE PROVIDING THOSE NUMBERS LIGHTLY.
AND, UH, WE DON'T EVEN PROVIDE ANYWHERE NEAR ALL THE LOADS THAT HAVE APPROACHED US, UH, IN THESE FIGURES.
UH, SYNTHESIZING A, A COUPLE THINGS I'M HEARING HERE.
UM, YOU KNOW, BRIAN ASKED IF IT WAS POSSIBLE TO, YOU KNOW, DO THIS ON A MORE FREQUENT BASIS.
AND I'M HEARING FROM, FROM RICHARD AND MARTHA, THE, YOU KNOW, INTEREST IN, YOU KNOW, REVISITING THIS AND REFINING IT.
AND IT SEEMS LIKE MAYBE A, A PATH OF LEASE RESISTANCE WOULD BE TO UPDATE THE ERCOT ADJUSTMENT, ADJUSTED LOAD FORECAST OVERLAY ON A MORE FREQUENT BASIS AS INFORMATION COMES IN, UNDERSTANDING THAT, YOU KNOW, YOU HAVE AN ANNUAL SURVEY RIGHT NOW AND THAT THAT'S A, A WHOLE PROCESS.
SO THAT MIGHT BE ONE WAY TO, TO SPLIT THE BABY, SO TO SPEAK.
UM, I ALSO WANTED TO JUST, YOU KNOW, OFFER SOME SUPPORT FOR, UM, YOU KNOW, IN USING THIS FOR OUTAGE STUDIES, UH, ESPECIALLY GIVEN THE DISCUSSION WE HAD EARLIER ABOUT THE, THE MURDER OCH, UH, RESTRICTION ON UNPLANNED OUTAGES.
UM, YOU KNOW, REVERTING TO, UH, CERTAINLY FOR THE, THE FIRST SIX MONTHS OUT, HAVING THE, UM, THE CONTRACTED LOAD IS THE DRIVER IS, IS, I THINK THAT MAKES SENSE.
I WOULD ENCOURAGE AND SUPPORT USING THAT FURTHER OUT, UM, TO HELP, YOU KNOW, NOT RESTRICT OUTAGES UNNECESSARILY FOR, YOU KNOW, A YEAR OR EVEN TWO OUT.
'CAUSE THAT'S REALLY WHERE I THINK FOLKS ARE TRYING TO, YOU KNOW, MAKE THE MOST MANEUVERS.
[03:35:01]
AND, AND TO THE EXTENT THAT, YOU KNOW, YOU DO SEE SOME, UH, VARIABILITY IN ALL OF THE LOAD SHOWING UP WITHIN THAT TIMEFRAME, UM, YOU KNOW, HAVING MORE FLEXIBILITY THERE WOULD BE, WOULD BE HELPFUL.UM, AND THEN THE LAST ITEM IS A QUESTION FOR YOU A COUPLE TIMES IN YOUR PRESENTATION, SAM, I, I THINK YOU SAID THE OFFICER LETTERS WERE WHAT YOU RECEIVED FROM THE COMPETITIVE AREAS.
AND I JUST WANTED TO CONFIRM, DOES THAT MEAN THAT THERE ARE THE NO E UH, FORECASTS OR, OR NO E LARGE LOAD ADDITIONS ARE NOT INCLUDED IN HERE? NO, NO.
WHEN I WAS SPEAKING OF THAT, I WAS SPEAKING ABOUT THE DATA CENTERS.
AND THE DATA CENTERS, WE CAN SEE THEM IN THE COMPETITIVE AREAS.
OUTSIDE OF THE COMPETITIVE AREAS, IT GETS A LITTLE MORE MURKY.
AND SO WE CAN'T PUT LIKE A GOOD, GOOD FINGER ON EXACTLY WHAT THEIR LOAD IS.
SO IT, WE, UH, WE CHOSE NOT TO USE, YOU KNOW, JUST STATE ESTIMATOR DATA.
WE, WE TRIED TO GET DOWN AS FAR AS WE COULD.
SO THERE IS NOT OFFICER ATTESTED LOAD FROM, FROM NOE'S THAT SHOWS UP IN, IN, IN THIS FORECAST? UH, WE DO HAVE, YES.
UM, YOU KNOW, THERE ARE SOME NOE'S THAT DID SUBMIT.
I, I WAS, THAT, THAT'S HELPFUL.
I WAS TRYING TO, TO RECONCILE THOSE TWO AND THAT, THAT, THAT MAKES SENSE.
HEY NED, I GOT DISTRACTED BY YOUR CASUAL USE OF MURDER P CAN YOU MAKE THAT POINT AGAIN THAT YOU JUST MADE ON THE, ON THE OUTAGES, THE, SORRY, THE PLANNED OUTAGES? YEAH.
SO IN, WHERE WAS IT? SLIDE? YEAH, HERE I CAN PULL IT OUT.
SO AT THE VERY, IT SAYS FOR THE FIRST 180 DAYS OF THE LARGE, UH, THE LARGE LOAD EDITIONS ARE FROM THE INTERCONNECTION QUEUE WITH CONTRACTS MM-HMM
AND ARE USED IN PLACE OF THE OFFICER LETTERS.
AND THEN AFTER 180 DAYS, IT GOES TO THE ERCOT ADJUSTED LOAD FORECAST.
AND SO THE THOUGHT WAS, YOU KNOW, THAT 180 DAYS IS A CHOICE, AND THAT'S SOMETHING THAT WE CAN EXTEND OUT AND OFFER MORE FLEXIBILITY BOTH TO ERCOT AND RESOURCE OWNERS.
AND THEN WE'LL GO TO YOU, RICHARD, AFTER KEVIN'S QUESTION.
YES, SAM, A QUICK QUESTION, JUST TO MAKE SURE I'M NOT MISSING SOMETHING.
HERE ARE, WHEN WE GET THE, WHEN YOU GET THE LOAD FORECAST FOR THE INDIVIDUAL DATA CENTER, ARE WE USING THE RAMPED FORECAST? SO LET'S SAY, SAY IT'S A GIGAWATT, WE'RE GOING 2 50, 500, 7 50.
DO THEY GIVE YOU A RAMPED BY YEAR TYPE OF THING? YEAH.
SO WE'RE BASICALLY LOOKING AT WHERE THEY SAID THEY WOULD BE.
SO WE'RE ASKING, SO THEY'RE FIVE YEARS OUT, WHATEVER THEY TELL YOU.
AND MOST EVERYTHING THAT WE LOOKED AT WAS, HAD BEEN AROUND LONGER THAN LIKE A YEAR, YOU KNOW? YEAH, NO, I'M JUST THINKING ABOUT THE NEW PROJECTS.
ARE THEY GIVING YOU FORECAST? YEAH.
YEAH, THE NEW PROJECTS WE HAVE THE RAMPS FOR.
UM, SO WE'LL BE ABLE TO KIND OF PINPOINT THOSE.
UM, OR WE HAVE AS MUCH DATA AS, UH, FOR, WE HAVE THE RAMPS FOR QUITE A FEW.
I MEAN, DOES IT MAKE SENSE TO MAYBE ISSUED RFI TO ALL THE LOADS TO REQUEST LIKE NEXT FIVE YEARS, SIX YEARS, WHAT HAVE YOU? YES.
WHEN WE FIRST HAVE TO IDENTIFY, YOU KNOW, THOSE LOADS VERSUS IF THEY'RE OFFICIAL ROAD, WHAT'S WHAT VERSUS WHAT'S IN THE, THE OFFICER LETTERS.
BECAUSE YOU KNOW WHAT'S IN, WHAT'S IN THE OFFICER LETTERS, WE MAY NOT HAVE ENOUGH DATA TO MATCH THAT UP WITH WHAT WE SEE IN A SATELLITE PICTURE AND ON METERS.
RICHARD, I, I JUST WANT A CLARIFICATION ON THE NOE VERSUS COMPETITIVE.
ARE YOU, ARE YOU HAIRCUTTING THEM BOTH? OR HAIRCUTTING THE, OH, EVERYBODY, EVERYBODY GETS TREATED THE SAME.
EVERYBODY GETS TREATED THE SAME.
WELL, I'M GLAD TO NO, WON'T BE ABLE TO SERVE THEIR LOAD EITHER.
ANY, UM, ANY OTHER QUESTIONS OR COMMENTS? OKAY.
AND I THINK WE HAVE A LOT OF DISCUSSION ITEMS TO FOLLOW UP ON, BUT I DON'T KNOW YEAH.
THAT WE NEED TO MAKE THOSE LIKE ATTACK ACTION, LIKE YEAH, LIKE I SAID, YOU KNOW, UH, WE'RE GONNA BE AT, UH, WE'LL BE AT, UH, S SO, AND FRIDAY, YEAH, YEAH.
UM, AND I THINK THIS WAS YOUR FIRST TIME TO PRESENT TO TAC, RIGHT? YEAH.
ALRIGHT, WELL YOU TAKE GREAT JOB, SAM.
[03:40:01]
WE ARE ON TO ANSWER SERVICE METHODOLOGY PLAN.I THINK WE ARE PRE, THIS IS PRE-KICKOFF.
UM, IT'S OUR FAVORITE TIME OF YEAR,
THIS, UH, LUIS AND ALSO WITH ERCOT.
THIS IS MAINLY JUST A KICKOFF DISCUSSION.
MAKE SURE EVERYBODY'S ON THE SAME PAGE, KNOWS THAT THIS IS COMING.
UH, AND THEN HOPEFULLY TRY TO ANSWER SOME QUESTIONS AND GIVE SOME GUIDANCE ON WHAT TO EXPECT OVER THE NEXT FEW MONTHS.
SO YOU'LL SEE A SIMILAR SLIDE WE SHARED PREVIOUSLY.
UH, AGAIN, THE GOAL HERE IS TO TALK ABOUT AS METHODOLOGY FOR 2026.
HOPEFULLY YOU REMEMBER SOME OF LAST YEAR AND SOME OF THE DISCUSSIONS THAT WENT THROUGH THE MARKET, UH, THE MARKET PROCESS AND TO THE COMMITTEES ABOUT THE AS STUDY, UH, THAT ALSO WENT UP TO THE PUC.
SOME OF THE, THE RECOMMENDATIONS THAT CAME OUTTA THAT WAS, WHAT ELSE CAN WE DO WITH AS METHODOLOGY? CAN WE LOOK AT OTHER INPUTS? CAN WE LOOK AT PROBABILISTIC METHODS? UH, AND THAT'S WHAT WE'VE DONE OVER THE LAST FEW MONTHS AND WE CONTINUE TO DO, AND, AND WE WANT TO BE ABLE TO SHARE SOME OF THAT WITH EVERYBODY IN THE GROUP TO MAKE SURE THAT EVERYBODY'S GETS SOME INSIGHTS TO WHAT'S GOING ON, IS ON THE SAME PAGE AND CAN ASK THE QUESTIONS THEY NEED TO ASK TO MAKE SURE THEY UNDERSTAND THE PROCESS.
UM, SO WITH THAT BEING SAID, SO OUR, OUR GOAL IS ALWAYS TO TRY TO GET TO A BOARD APPROVAL.
SO WE HAVE THAT DOWN AT SEPTEMBER 23RD AS OF NOW, WITH A PUC APPROVAL HAPPENING AFTER THAT.
WHAT WE TYPICALLY WOULD'VE DONE IS WE WOULD'VE CYCLED THROUGH THE WORKING GROUPS, PROBABLY AROUND SUMMERTIME, UM, TO TRY TO MEET THOSE GOALS.
BUT KNOWING THAT WE'RE MOVING AND TRYING TO SHIFT TO THIS PROBABILISTIC METHOD, UH, WE WANTED TO GET OUT AND TRY TO GET, UH, MORE INFORMATION OUT THERE TO THE MARKET ABOUT WHAT THAT MEANS AND WHAT IS, WHAT ARE WE DOING.
SO, UH, WE'VE STARTED THIS A LITTLE BIT EARLIER THAN WE, WE WOULD NORMALLY, AND WE'VE ADDED TWO WORKSHOPS.
UH, AND SO WHAT I WANNA SHOW IS, OR SHARE IS, YOU KNOW, WHAT, WHAT, WHAT DO WE EXPECT? SO WORKSHOP NUMBER ONE HOPEFULLY IS GATHER EVERYBODY THAT, THAT NEEDS TO LISTEN TO WHAT THE AS METHODOLOGY IS AND TALK ABOUT PROBABILISTIC.
HOW ARE WE GONNA SHIFT TO PROBABILISTIC? WHAT ARE THE INPUTS WE NEED TO TAKE INTO ACCOUNT? UM, YOU KNOW, SOME OF THE FEEDBACK FROM THE AS STUDY, WHAT ARE SOME OTHER THINGS WE SHOULD BE CONSIDERING OR MAY BE CONSIDERING IN CALCULATING OUR AS METHODOLOGY? SO WHAT YOU CAN THINK OF THAT WORKSHOP NUMBER ONE IS MORE OF, UH, HEY, GATHER ALL OF OUR THOUGHTS, GATHER ALL THE INPUTS, MAKE SURE EVERYBODY WE'VE SHARED WHAT WE'VE THOUGHT ABOUT AND HOW WE THINK WE SHOULD APPLY THOSE INPUTS AND WHAT, HOW THAT MAY IMPACT THE, ESSENTIALLY THE PROBABILISTIC ANALYSIS AND WHAT THE QUANT, WHAT, HOW THAT MAY IMPACT QUANTITIES.
ONE THING I WANNA MAKE CLEAR IS WE NOT REALLY WANT TO TALK ABOUT QUANTITIES YET IN THAT FIRST WORKSHOP.
WE MAINLY WANT TO TALK ABOUT THE PROCESS AND HOW WE'RE APPLYING THE PROCESS.
THERE MAY BE OTHER INPUTS THAT WE GET FROM THE MARKET THAT, THAT WE MAY HAVE NOT CONSIDERED, OR MAYBE WE HAVE CONSIDERED.
WE CAN TRY TO TALK ABOUT, YOU KNOW, THOSE OPTIONS AND, AND MAYBE MAKING ADJUSTMENTS AS WE GO FORWARD.
WE'LL GO THROUGH, GO THROUGH SOME OF THE WORKING GROUPS, SHARE SOME ADDITIONAL DETAILS ON OUR FINDINGS AND, AND HOW WE'VE, UH, WHAT ADJUSTMENTS WE PLAN ON MAKING OR NOT MAKING AND AND GATHERING FEED CONTINUE TO GATHER, GATHER FEEDBACK.
THE SECOND WORKSHOP IN JUNE, THIS IS WHEN WE START TALKING ABOUT QUANTITIES.
WHAT IS THE OUTPUT OF THAT PROCESS OF THE PROBABILISTIC? THERE'S A, YOU KNOW, IT'S, I DON'T WANNA SAY BLACK BOX, BUT IT'S, YOU KNOW, THE MONTE CARLO PROCESS OF TAKING ALL THE INPUTS AND, AND WHAT ARE ALL THE LEVERS YOU CAN CHANGE AND HOW THAT AFFECTS THE QUANTITIES THAT COME OUT OF IT.
AND, AND WE REALLY WANT TO, AGAIN, SHARE WHAT THAT LOOKS LIKE AND WHAT THOSE IMPACTS ARE AND GATHER FEEDBACK.
UH, AND THEN AS, AND THEN HOPEFULLY ONCE WE GET THROUGH THAT, UM, WE WE'RE AT A POINT WHERE WE'RE SOMEWHAT COMFORTABLE, WE START GOING THROUGH AND IN JULY START SHARING OUR PROPOSED QUANTITY.
SO EVERYTHING BEFORE THIS WOULD'VE BEEN A PRELIMINARY CALCULATION BASED ON WHAT WE'VE SET UP IN, IN THE METHODOLOGY ITSELF.
GO THROUGH AND SHARE THE PROPOSED QUANTITIES IN THE WORKING GROUPS, TAKE IT THROUGH THE COMMITTEES, UP TO, UH, A BOARD, UH, APPROVAL, HOPEFULLY.
UM, SO THAT'S WHAT I WANTED TO COME UP AND SHARE ROUGH TIMELINE, UH, GIVE THE IDEAS AND THEN MAKE SURE THAT THOSE THAT NEED TO PARTICIPATE OR WANT TO PROVIDE INPUT TO THE AS METHODOLOGIES TO START PARTICIPATING IN THE WORKING GROUPS AND SPECIFICALLY THE WORKSHOPS.
UM, SO THAT'S WHAT I WANTED TO COME AND SHARE.
UH, BUT I WILL TAKE QUESTIONS IF THERE ARE ANY.
BRIAN, UH, DO YOU HAVE THE UNFORTUNATE, UM, SEQUENCING COMING RIGHT BEHIND THE LOAD FORECAST DISCUSSION? SO, UM, MY COMMENT IS REALLY PROBABLY FOR WORKSHOP ONE, JUST TALKING ABOUT THE LOAD FORECAST Y'ALL ARE GONNA USE AND WHY THAT WHATEVER THAT IS, IS THE APPROPRIATE ONE TO USE.
UM, AGAIN, I THINK THOSE ARE THINGS THAT WE'LL TALK ABOUT IN THE WORKSHOP.
UM, NOW ONE THING TO KEEP IN MIND IS, IS, IS AS WE WORK THROUGH THIS AND AS WE WORK TO THIS PROBABILISTIC METHOD IS TALKING ABOUT WHAT WE'VE DONE IN THE PAST AND USING HISTORICAL DATA AND THAT STATISTICAL METHOD THAT WE JUST USED, AND HOW THAT IMPACTS LOOKING FORWARD INTO THAT IF YOU'RE TRYING TO CALCULATE
[03:45:01]
A QUANTITY FOR A FUTURE PERIOD.NOW, THE OTHER THING I'LL REMEMBER THIS IS NOT REMIND OTHERS, IS THIS IS NOT PART OF THE 2026, BUT IN THE 2027 AS METHODOLOGY, THE HOPE IS TO TRY TO GO TO A MORE DYNAMIC REAL-TIME CALCULATION THAT, YOU KNOW, MAY, MAY BE LESS IMPACTFUL, BUT YOUR QUESTION IS STILL VALID OF WHAT THAT LOOKS LIKE FOR THE, THE IMMEDIATE FUTURE.
JEFF, DID YOU WANNA ADD SOMETHING? WELL, YEAH, JUST A CLARIFICATION.
SO THE AS METHODOLOGY, UH, IS IS NOT DEPENDENT ON FEATURE LOAD.
SO IT DOESN'T LOOK AT THE LONG-TERM LOAD FORECAST.
IT D DOESN'T USE LOAD FORECAST AS A INPUT VARIABLE.
NOW IT, IT'LL LOOK AT HISTORIC OPERATIONAL LOAD FORECAST ERROR THAT THAT'S PART OF WHAT YOU HAVE TO COVER WITH YOUR ANCILLARY SERVICES.
BUT IT, IT'S SO, SO THE BUT THE LONG TERM LOAD FORECAST DOESN'T MATTER.
I MEAN, I, I DON'T WANT TO HAVE THE WORKSHOP RIGHT NOW, BUT, UH, I, I, I DEFINITELY WANT TO THINK ABOUT WHAT YOU'RE SAYING.
WE, WE CAN TALK AFTERWARDS TOO.
IF, IF I CAN MAYBE ADD SOMETHING JUST TO, IN OUR PREVIOUS METHODOLOGY.
AND WHAT WE ALSO PLAN TO DO, AT LEAST FOR WHAT WE'VE DONE WITH WIND AND SOLAR, IS WE TAKE OUR HISTORICAL ERROR AND WE LOOK AT THE FORWARD PROJECTIONS AT CAPACITIES AND LOOK AT SCALERS THAT MAY BE EFFECTIVE IN THAT CASE.
SO THAT IS SOMETHING THAT COULD BE CONSIDERED FOR THE LOAD.
I'M JUST, I THINK WE HAVE A LOT OF DISCUSSIONS RELATING TO LOAD FORECAST COMING UP, BUT I, I UNDERSTAND WHAT YOU'RE SAYING.
UM, SO WHAT, WHAT DOES THAT LOOK LIKE? BASICALLY, YOU ARE SAYING THAT YOU'RE GONNA DEVELOP A FRAMEWORK AND THEN THIS COULD BE SOMETHING THAT YOU USE TO HAVE, UH, SORRY, SERVICE REQUIREMENTS CHANGE ON A DAILY BASIS.
WHAT'S BEEN ASKED OF US IS CAN WE GO TO A MORE DYNAMICALLY CALCULATED AS JUST WANTED TO SHARE THAT AS A HISTORY.
FOR 2026 RIGHT NOW IS JUST MOVING TO A PROBABILISTIC METHOD.
SO THOSE DISCUSSIONS WILL COME AT A AND WHEN YOU SAY PROBABILISTIC METHOD, YOU'RE JUST LOOKING AT, THIS IS ALL USING HISTORICAL DATA, UH, AND LOOKING BACK AND USING PROBABILISTIC STUDIES TO FIGURE OUT IF YOU HAD COVERAGE ON LIKE LOAD RAMPS AND CRITICAL RAMPS AND STUFF LIKE THAT.
QUESTIONS? ANY OTHER QUESTIONS OR COMMENTS, SIR? SO THE MAJOR CHANGES ARE PROBABLY COMING FOR 27, BUT THE BIG CHANGE FOR 26 IS THE PROBABILISTIC VIEW OF HISTORICAL DATA.
UM, AND THERE'S THE SCHEDULE, THIS IS OUR KICKOFF, AND SO YOU'LL BE, WE'LL HAVE A WORKSHOP, BUT THE, THAT MAY WORKSHOP, WHAT I HEARD FROM YOU IS NOT GOING TO TALK ABOUT PROCUREMENT VOLUMES.
IT'S JUST KIND OF THE, THE PROCESS, RIGHT? CORRECT.
DALE, I WANT TO RESPOND TO SOMETHING THAT I JUST HEARD YOU SAY THAT I SAID YEAH.
AND, AND NOT, UM, NOT BE NITPICKY LISH, YOU, YOU CAN BE NITPICKY.
'CAUSE WE'RE USING FAKE WORDS.
UM, I DON'T, I DON'T WANNA LEAVE THE PERCEPTION THAT THE WORK TO CHANGE THE ANCILLARY SERVICE PLAN TO A PROBABILISTIC MODEL IS A, IS A SIMPLE PROCESS FOR A CUT.
AND JUST FOR FOLKS WHO MIGHT BE LISTENING, THIS IS A, IT'S A BIG UNDERTAKING AND IT WILL TAKE A WHILE TO KIND OF GET TO WHERE WE WANT TO GO, BUT FOR FOLKS WHO ARE LISTENING, YEAH.
UM, THE WORK THAT ERCOT IS TAKING TO MOVE TO PROBABILISTIC MODELING IS A SIGNIFICANT ONE AND A BIG ONE.
AND IT'S BEEN A LONG UNDERTAKING WITH THE ANSWER SERVICE STUDY AND RULEMAKING AND COMMENTS AND PROJECTS THAT THE COMMISSION, SORRY, I DIDN'T MEAN TO SAY THAT.
YOU KNOW, I GUESS I, I THINK THIS IS A LITTLE BIT PERSONAL AS, AS WELL AS CHAIRING TECH.
WE HAVE HAD THE PROCUREMENT VOLUME OF ANCILLARY SERVICES AND, YOU KNOW, THE ABILITY OR INABILITY TO DYNAMICALLY PROCURE COME UP A LOT IN RECENT DISCUSSIONS, INCLUDING, YOU KNOW, 1269, WHICH IS VERY RECENT.
AND WE ARE EXPECTING THE, THE IMPLEMENTATION OF RTC AT THE END OF THIS YEAR.
SO I THINK THAT A COMMON QUESTION WE WILL GET IS, WELL, WHAT ARE YOU DOING ABOUT THAT AS WE GO TO RTC? AND I THINK THAT TIMELINE IS SUCH THAT
[03:50:01]
TH THOSE CHANGES IN RESPONSE TO RTC PROBABLY HAPPEN FOR THE 27 PROCUREMENT.YEAH, AND I THINK THAT'S A GREAT POINT AND ALSO SPEAKS TO HOW THE STAKEHOLDER COMMUNITY IS GONNA BE PRIORITIZING THE WORK THAT'S COMING OUT OF THE BODIES HERE AND MAKING SURE THAT WE KEEP OUR EYES FOCUSED ON, UH, THE REALLY SUPER IMPORTANT STUFF AND, UM, UNDERSTANDING THAT SOMETIMES GREAT IDEAS NEED TO WAIT FOR SOME OF THOSE OTHER REALLY IMPORTANT THINGS TO KEEP ON MOVING.
AND YOU'RE RIGHT, IT IS A BIG CHANGE AND IT WAS ONE OF THE BIG THINGS THAT CAME OUT OF THE, THE COMMISSION PROJECT AND THAT WAS ORDERED FROM, UH, FROM LEGISLATION, RIGHT? THAT'S A SB THREE THING.
SO, AND, AND I THINK ERCOT HAS DONE A LOT OF GOOD WORK.
I USED TO CHAIR, SO, AND WE DIDN'T HAVE ANY PROBABILISTIC, UH, MODELING FIVE YEARS AGO.
SO WE, WE'VE DONE THAT PRETTY QUICKLY.
ALRIGHT, ANYBODY ELSE WANNA BE NITPICKY ISH OR NOT NITPICKY ISH.
PR BU WOULD YOU LIKE TO DO THE UH, RPG PROJECT? OF COURSE.
SO I'M GLAD WE ARE END OF THIS ERCOT REPORT.
THIS IS THE LAST PRESENTATION, I BELIEVE.
UH, SO, UM, I'M HERE TO PRESENT THE ENCORE REDWAY SWITCH AND, UH, EXPANDS TO REDWAY 1 38 KV SECOND CIRCUIT EDITION PROJECT.
THIS IS AN ENCORE PROJECT SUBMITTED PROJECT, UM, BRIEF OVERVIEW.
SO THIS PROJECT IS, UH, HAS AN ESTIMATED COST OF $119 MILLION, UH, WHICH PURCHASES A TIER ONE PROJECT.
AND THIS PROJECT DOES NOT REQUIRE CCN.
SO THE PRIMARY PURPOSE OF THE PROJECT IS TO ADDRESS RELIABLE ISSUES IN THE FOUR WEST OTHER ZONES.
THERE ARE THREE COUNTIES THERE WHERE WE SEE, UH, SEE BOTH THERMAL AND, UH, VOLTAGE VIOLATIONS.
CAIN, UH, THE TIER ONE PROJECT DEFINITION PER THE PROTOCOL LANGUAGE, EVERYBODY IS FAMILIAR WITH THAT, BUT JUST TO HIGHLIGHT THIS IS, UH, THIS FALLS AS A TIER ONE BECAUSE OF THE COST.
IT'S A ESTIMATED COST GREATER THAN A HUNDRED MILLION DOLLARS.
SO AGAIN, PURSUANT TO THE PROTOCOLS, UM, ERCOT SHALL PRESENT THIS TO THE TAC.
AND ANY, UM, COMMENTS FROM THIS BOARD, FROM THIS T WILL BE PRESENTED TO THE BOARD.
SO HERE'S THE, THE RELIABILITY NEED.
UM, BASICALLY THERE ARE THERMAL AND VOLTAGE VIOLATIONS, UM, UNDER VARIOUS CONTINGENCIES.
THE P ONES OR SINGLE CONTINGENCIES AND COMBINATION OF THE G ONES AND P ONES, AND ALSO THE TRANSFORMER PRIORITIES OF TRANSFORMER.
WE SEE BOTH, UH, THERMAL AND VOLTAGE ISSUES.
THERE WERE NO P SEVEN ISSUES IDENTIFIED IN THIS.
SO TO ADDRESS THOSE ISSUES, UH, WE LOOKED AT FIVE OPTIONS SHORTLISTED TO THREE OPTIONS.
WE PRESENTED THOSE UPDATES AT, UH, VARIOUS, UH, RPG MEETINGS.
AND, UH, OPTION ONE ADDRESSES THE RELIABILITY VIOLATIONS AND, AND ADDRESSES THE LONG-TERM, UH, LOAD GROWTH.
AND, UH, ALSO ADDRESSES ALL THE OTHER SENSITIVITIES, WHICH I WILL TALK ABOUT IN A MINUTE.
SO THIS IS A, THIS TABLE IS A COMPARISON OF THE OPTIONS.
AS YOU COULD SEE, OPTION ONE PERFORMS SIGNIFICANTLY BETTER THAN THE OTHER TWO OPTIONS.
OPTION THREE AND OPTION FIVE, AGAIN, UH, PURSUANT TO THE PROTOCOLS, UH, WE ARE REQUIRED TO LOOK AT THE SSR SCREENING FOR, UM, TIER ONE PROJECTS.
UH, SO THIS ONE, UH, WE LOOKED AT THE SSR ISSUES AND SCREENING AND, UH, WE DID NOT IDENTIFY ANY SSR IMPACT, UH, TO EITHER EXISTING OR PLAN GENERATION RESOURCES AT THE, IN THE STUDY REGION.
AGAIN, CONTINUING WITH THOSE ADDITIONAL ANALYSIS, WE ALSO LOOKED AT, UH, CONGESTION ANALYSIS AND TWO SENSITIVITIES, ONE FOR GENERATION AND LOAD SCALING.
AND BASED ON THIS STUDIES, WE DID NOT IDENTIFY ANY ADDITIONAL SYSTEM CONGESTIONS IN THE STUDY AREA, OR WE DID NOT HAVE ANY POTENTIAL IMPACT, UH, DUE TO FUTURE GENERATIONS STUDIED IN THAT AREA OR LOAD SCALING.
UH, DID NOT HAVE A MATERIAL IMPACT ON THE PROJECTS, UH, PROJECT IDENTIFIED AS, UH, OPTION ONE.
SO BASED ON THE ERCOT REVIEW, ERCOT INDEPENDENT REVIEW, WE UH, WILL RECOMMEND THE BOARD THE OPTION ONE TO ADDRESS THE RELIABILITY NEEDS IN THE FOREST WEATHER ZONE.
UM, THE ESTIMATED INSERVICE IS DECEMBER, 2025 AND THE ESTIMATED COST IS $119 MILLION.
[03:55:03]
SO THE NEXT FEW SLIDES GIVES THE DESCRIPTION OF THE PROJECT.UM, THERE'S, UH, THREE SLIDES WHICH TALKS ABOUT ALL THE DETAILS OF THE PROJECT, BUT I'LL JUMP TO THIS MAP HERE, HIGHLIGHT THE MAJOR, UH, COMPONENTS OF THIS UPGRADE.
SO BASICALLY THERE IS THIS NEW TREADWAY STATION, WHICH IS BUILT HALF A MILE FROM THE WILMORE STATION, AND IT'LL BE TIED TO THE WILMORE WILMORE STATION TO 1 38 KB, LINE, 1 38 KB THAI.
AND THE KEY PORTION OF THE PROJECT IS TO UPGRADE FROM, UPGRADE THE EXISTING SINGLE CIRCUIT, 1 38 KB CIRCUIT FROM TWAY ALL THE WAY TO EXPANSE, UM, STATION.
THERE ARE INTERMEDIATE STATIONS AND THERE'S, THERE'S GONNA BE SOME ADJUSTMENTS AND RECONFIGURATION OF THOSE STATIONS.
SO BASICALLY THE SINGLE CIRCUIT WILL BE BUILT AS A DOUBLE CIRCUIT, UH, 1 38 KB LINE WITH BOTH CIRCUITS IN PLACE.
AND, UH, ALSO AT THE END, THE EXPAND SUBSTATION ENCORE PROPOSES TO ADD TWO, UH, SHUNT CAPACITORS, 55, APPROXIMATELY 55 MEGAWATTS EACH TO HAVE TO SUPPORT THE VOLTAGE IN THE AREA.
I THINK THAT CONCLUDES THE, MY PRESENTATION.
I'LL BE HAPPY TO ANSWER ANY QUESTIONS.
ANY QUESTIONS OR COMMENTS? SETH, YOU'RE NOT IN THE QUEUE, RIGHT? YOU'RE TAKING A DIFFERENT CALL, RIGHT, JACK? OKAY.
UM, AND ANY QUESTIONS OR COMMENTS FOR BU? OKAY, SO WE'D BE LOOKING TO ENDORSE THE ONCOR ROADWAY RPG PROJECT.
CAN WE PUT THIS ON THE COMBO BALLOT? THANK YOU NED.
[15. Other Business]
TO OTHER BUSINESS.WE DID THE ERCOT STAKEHOLDER BOARD ENGAGEMENT, UM, BLOCK CALENDAR.
IT SAYS CAITLIN, BUT IT IS ANN.
SO WE HAD THIS ON THE AGENDA LAST MONTH AND UM, JUST LEAVING IT OUT THERE FOR Y'ALL'S REVIEW, THE BOARD MEETINGS HAVE ALREADY BEEN APPROVED FOR 2026.
UM, SO WE JUST NEED TAC TO BE OKAY WITH THEIR MEETINGS AND THEN WE'LL TAKE IT TO THE SUBCOMMITTEES AFTER THAT.
SO IS THIS THE SAME AS THIS YEAR, WHICH I BELIEVE IS FIVE BOARD MEETINGS AND NINE TAC MEETINGS? THAT'S RIGHT.
OH, CAN WE SCROLL DOWN A LITTLE BIT? MY ONLY COMMENT IS, AND I MADE THIS LAST TIME, WE'RE WE'RE SORT OF FRONT LOADED.
LIKE WE HAVE ONE EVERY MONTH THROUGH MAY AND THEN WE START TO BACK OFF.
THAT'S BECAUSE OF HOW THE BOARD MEETINGS FALL.
HOWEVER, WE CAN HAVE FEBRUARY AND APRIL.
YEAH, WE COULD HAVE THREE TAC MEETINGS PRIOR TO THE BOARD.
I GUESS THAT WOULD MAKE IT FOUR BETWEEN THE, SO WE WOULDN'T UN FRONT LOAD.
ADD MORE TO THE MIDDLE OR END, RIGHT? I DON'T THINK THAT'S THE SOLUTION.
UM, I, I WAS JUST WONDERING IF THERE'S A WAY TO, YOU KNOW, LIGHTEN THE JANUARY THROUGH MAY.
YOU COULD JUST CUT 'EM DOWN BY 54%.
DO WE HAVE JUNE INSTEAD OF MAY WITH T OR THERE'S A, THAT'S A JUNE BOARD MEETING IN BLUE.
BUT YES, THE TAC WOULD COME AFTER THE BOARD MEETING.
SO YOU WOULD STILL HAVE JUNE, JULY, AUGUST TAC.
I DON'T KNOW, DOES EVERYONE WANNA TAKE A LOOK AT THIS OR DO, DID YOU WANNA FINALIZE IT TODAY? YEAH, 'CAUSE WE HAD IT LAST MONTH HERE AS WELL.
NED, HAVE YOU TAKEN A LOOK WHILE YOU'VE LOOKED AT MEETING MINUTES? AND WE CAN ALWAYS RESCHEDULE, CANCEL, ADD T MEETINGS AS WE GO, BUT I THINK THIS IS OKAY.
ARE YOU OKAY WITH THIS, NED? IF YOU'RE, IF YOU'RE ASKING FOR MY INPUT, THEN, UH, YES.
I ACTUALLY AGREE WITH THE, THE SENSE THAT IT'S EASIER TO SCHEDULE AND TO, AND CANCEL LATER.
SO IF, I MEAN EVEN JUST LOOKING AT THIS, HAVING PLACEHOLDERS FOR LIKE JUNE AND SEPTEMBER MIGHT BE USEFUL.
AND THEN BE ABLE TO PULL THEM BACK LATER, BUT SO YOU WANNA ADD MORE TECH MEETINGS? NO, NO.
SO WE'RE GOOD WITH THIS, LIKE THE COOKIES.
UM, LET'S, LET'S GET THROUGH THE END OF THIS YEAR AND IF WE NEED TO ADD SOME, WE CAN END, ADD SOME.
'CAUSE WE HAVEN'T REALLY SEEN HOW THAT'S GONE THIS YEAR YET.
SO IF WE ADD JUNE THIS YEAR, WHICH I THINK IS A, YOU KNOW, IT'S, I THINK IT'S A POSSIBILITY NON ZERO.
UM, YEAH, IT WOULD BE DIFFERENT THIS YEAR BECAUSE THE BOARD MEETING WOULD FALL
[04:00:01]
AFTER THAT JUNE T THERE'S NO WAY FOR THAT TO HAPPEN HERE.RICHARD, WHAT DO YOU THINK?
WELL RICHARD IS AS HAPPY AS POSSIBLE RIGHT NOW.
WE'LL MOVE FORWARD WITH THIS AND TAKE IT TO THE SUBCOMMITTEES FOR THEM TO LOOK OUT.
AND, UH, WE'RE PLANNING TO DO MAY TECH NEXT MONTH, MAY, UH, VIRTUAL.
IT'S THE SAME WEEK AS MEMORIAL DAY, SO I THINK THAT'S EASIER FOR TRAVEL SCHEDULES AND, YOU KNOW, KIDS COMING HOME FROM COLLEGE OR HAVING FAKE OR REAL GRADUATIONS AND TRAVELING AND THAT KIND OF THING.
WHAT WAS THE FIVE, FIFTH GRADE? YEAH, WE HAVE A, WE HAVE A FIFTH GRADE GRADUATION AS WELL.
UM, ACTION ITEMS LIST, MARTHA.
SO WE'VE TALKED ABOUT SOME OF THESE ALREADY DURING THE MEETING.
I GUESS MAYBE STARTING OUT WITH A QUESTION FOR SUZY ACTUALLY WHETHER IT'D BE POSSIBLE FOR NEXT MONTH TO HAVE A COLUMN TO THE LEFT THAT JUST HAS A NUMBER SO THAT WHEN WE TALK ABOUT THESE, IT DOESN'T HAVE TO BE LIKE THIRD BULLET FROM THE TOP
WE TALKED ABOUT THE DOING THAT AFTERWARDS, BUT YEAH, THAT'D BE SUPER HELPFUL.
UM, SO COREY, CAN I ASK YOU TO TYPE SOME WORDS IN THE THIRD BOX FROM THE TOP FOR FOLKS TO LOOK AT TO SORT OF CLOSE THE LOOP ON THE ACTION ITEM THAT KATIE RAISED DURING HER UPDATE? UH, IT WOULD BE AN ATTEMPT TO CLARIFY THIS SINCE I DON'T THINK THAT THIS REALLY DESCRIBES WHAT'S HAPPENING, BUT, YOU KNOW, Y'ALL CAN SHOOT AT THIS.
MY SUGGESTION WOULD CHANGE BE TO CHANGE THIS TO EVALUATE CURTAIL LOAD SHEDDING METHODOLOGIES AND THEN PUT IN PARENTHESES NPR 1238 SLASH NORE 2 65.
AND THEN, UM, NORE 2 65 IS ACTUALLY STILL AT ROSS.
IT GOES BACK TO ROSS FOR IA REVIEW IN MAY.
SO WE COULD MAYBE JUST ACTUALLY LEAVE THE ROSS ASSIGNMENT UNTIL THAT'S OFFICIALLY COMPLETE.
UM, SO IS THERE ANY, ANY FEEDBACK ON REWORDING THIS ONE IF WE'RE GONNA KEEP IT A LITTLE BIT LONGER UNTIL THESE TWO REVISION REQUESTS, UH, GET FULLY RESOLVED? YEAH, NED, IS IT CURTAIL LOAD LOAD SHEDDING OR CURTAIL LOAD INCORPORATION INTO LOAD SHEDDING METHODOLOGIES? OR IS IT THE SHEDDING OF CURTAIL LOAD? SO I, I MEAN, WHAT THE NOUR AND NPR ARE ABOUT OR ACTUALLY SETTING UP A PROGRAM, UH, FOR CURTAIL LOADS, LOADS SUCH THAT, UM, THOSE LOADS WOULD NOT BE INCLUDED IN THE TOS LOAD SHE OBLIGATIONS.
SO I GUESS THE QUESTION IS IN MISSING.
ARE WE TALKING ABOUT THE LOAD SHED OBLIGATION PIECE OR THE UH, THE IMPLEMENTATION OF THE CURTAIL LOAD ACTION? IT'S YES.
SO THEY THINK THERE'S THE N MISSING, RIGHT? VALUABLY CURTAIL LOAD IN SHED LOAD SHEDDING METHODOLOGIES, I GUESS.
OR WHAT WAS YOUR SUGGESTION, ED? I WAS TRYING TO CLARIFY.
ARE WE TALKING ABOUT HOW THAT YOU INCORPORATE THAT IN THE LOAD SHED TABLES OR IS IT, HOW DO YOU IMPLEMENT THE ACTUAL MAKING SURE THAT THAT LOAD IS CURTAILED WHEN IT SAID IT WOULD BE? SO IT'S THE LATTER.
I THINK IT'S THE SECOND OF THOSE THEN THAT, THAT MAKES SENSE.
UH, I THINK THERE WAS A COMMENT FROM BOB SOMEWHERE.
LET'S SEE, EVALUATE LOAD SHED OBLIGATION IN LIGHT OF NUCLEAR TAILORABLE LOADS.
DOES ANYONE HAVE A STRONG PREFERENCE BETWEEN THESE TWO OPTIONS? I THINK THAT'S, I THINK IT'S UP TO YOU.
UM, BOB, DO YOU HAVE A VERBAL COMMENT YOU WANNA MAKE? JUST THAT I THINK THAT WORDING IS, MAY BE A LITTLE BIT CONFUSING.
UM, BUT I THINK, I THINK OUR GROUP KNOWS WHAT THAT MEANS.
I THINK TAC AND THE SUBCOMMITTEES KNOW WHAT THAT MEANS.
I DON'T KNOW IF EXTERNAL FOLKS WILL GET IT OR NOT, SO.
UM, COREY CAN, CAN YOU USE WHAT BOB HAS IN THE CHAT INSTEAD? IT LOOKS LIKE THE SPONSOR OF THOSE REVISION REQUESTS SUPPORTS THAT AS WELL.
SO THAT, THAT LOOKS FINE TO ME.
[04:05:02]
OKAY.SO WE'LL LEAVE THAT ONE THERE WITH THE MODIFICATION, UM, THAT WE MADE ON THE SCREEN.
AND THEN RATHER THAN COUNTING BULLETS, WELL ACTUALLY IT'S AT THE BOTTOM OF THE SCREEN RIGHT NOW, REVIEW CHARTER TO SEE IF REVISIONS NEED TO BE MADE.
I THINK, UH, WE CAN MARK THAT ONE COMPLETE BASED ON THE CHARTER CHANGES THAT WE'RE ABOUT TO VOTE ON.
I KNOW WE HAVEN'T VOTED ON THEM YET, COREY, BUT THEY'RE ON THE COMBO BALLOT, SO PLEASE, PLEASE
UH, SO I SUGGEST WE GO AHEAD AND, UH, MARK THAT ONE COMPLETE.
AND THEN BLAKE HAD AN UPDATE, UH, THAT THE ITEM AROUND THE ANNUAL SETTLEMENT TRIGGER RELATIVE TO 1190 WAS DONE.
SO THAT ONE LOOKS LIKE A GOOD CANDIDATE FOR REMOVAL AS WELL.
I THINK THAT WOULD DO IT FOR TODAY.
ANY CONCERNS WITH THESE EDITS, BLAKE? YEAH, UNFORTUNATELY.
I JUST WANTED TO CIRCLE BACK TO THE, UH, RTC TASK FORCE ITEM THAT WAS DISCUSSED EARLIER.
IT WAS AROUND THE AR DC IMPROVEMENTS.
DO WE HAVE AN OFFICIAL ACTION ITEM FOR THAT, OR IS THAT SOMETHING THAT MIGHT POTENTIALLY COME UP NEXT MONTH IF THAT ISSUE GETS BROUGHT HERE? I THINK, I DON'T KNOW WHERE WE END.
I DON'T THINK WE HAVE AN ACTION ITEM.
UM, BUT WE CAN, I DON'T THINK MATT'S HERE ANYMORE.
I THINK WE CAN TALK WITH MATT.
I DON'T THINK WE'VE GOTTEN THAT FAR.
AND I THINK WE'D WANNA TALK TO ERCOT ABOUT PRIORITIES WITH, YOU KNOW, I IMPLEMENTING RTC.
SO I, I THINK THAT'S SOMETHING WE'LL START TO TAKE THOSE DIRECTLY TO THE COMMITTEES.
THEY'RE SUBCOMMITTEES THEY'RE SUPPOSED TO BE AT INSTEAD OF THE TASK FORCE.
UM, BUT, BUT LET ME, LET US GET WITH MATT ON THAT ONE.
I THINK THAT, UH, COVERS ALL THE EDITS FOR TODAY.
WE'RE LIKE CHECKING ITEMS OFF.
SO WE'RE GONNA DO THIS EVERY MONTH.
FOLLOWING THIS MEETING, WE'RE GONNA COVER THE MARKET DESIGN FRAMEWORK.
SO, UM, I THINK YOU JINXED THIS.
YOU, YOU DEFINITELY JINXED THIS.
WE WERE AN HOUR EARLY AND NOW WE'RE 15 MINUTES LATE.
WELL, I I WANTED A 25 MINUTE LUNCH AND THERE YOU GO.
AND YOU GUYS WANTED A 40 MINUTE LUNCH, SO WE'LL GO.
YOU KNOW, OBVIOUSLY WE'LL GO, UM, WE'LL TAKE AS MUCH TIME AS WE HAVE, BUT IT SHOULD BE FUN.
THERE'S STILL COOKIES I THINK FOR IT.
[16. Combo Ballot (Vote)]
NOW HAVE THE COMBO BALLOT.CORY HAS THE ITEMS ON THE SCREEN.
UM, WELL, THERE'S MORE NOW, BUT STILL NOT ALL THAT MANY.
WE RESISTED THE URGE TO GRAY BOX, A WORKING GROUP CHARTER.
UM, DO WE, CAN WE GET A, UH, MOTION AND SECOND MOTION FROM DAVID KEY? CAN I GET A SECOND ON THE COMBO BALLOT, ALICIA? AWESOME.
ON THE MOTION TO APPROVE THE COMBO BALLOT, WE WILL BEGIN UP WITH THE CONSUMERS.
AND THEN ERIC FOR GARRETT? YES, SIR.
THANK YOU, UH, LUCAS FOR JOHN? YES.
ONTO OUR INDEPENDENT GENERATORS.
[04:10:06]
JOSE, YOU STILL WITH US? I CAN TAKE YOU IN CHAT IF YOU'RE HAVING AUDIO WOES.UH, HOW ABOUT DAVID? YES, THANK YOU.
AND THEN CURTIS FOR RUSSELL? YES.
AND THEN LAST CALL FOR JOSE AND OH, FRAB, JUST DAY.
THAT IS A UNANIMOUS APPROVAL OF THE COMBO BALLOT.
HOW LONG WERE YOU SITTING ON THAT ONE, COREY? UH, SINCE ABOUT EIGHT 30 THIS MORNING.
SO, AND YOU, THANK YOU RICHARD FOR THAT.
AND YOU ALWAYS GET THE LAST WORD, SO, ALRIGHT.
WE CAN ADJOURN, BUT PLEASE DO NOT LEAVE.
YOU HAVE TO STAY AND, UH, PARTICIPATE IN THE MARKET DESIGN FRAMEWORK WORKSHOP.