[00:00:02]
THIS IS SUSIE CLIFTON WITH ERCOT.
BEFORE WE GET STARTED WITH THE UH, PAC MEETING TODAY, I JUST GOING TO VERY QUICKLY GO THROUGH THE MEETING REMINDERS FOR EVERYONE.
AND WE ARE USING A MANAGED QUEUE.
SO PLEASE, UH, IF YOU WOULD LIKE TO MAKE A MOTION OR TO COMMENT OR MAKE HAVE DISCUSSION, PLEASE ENTER YOURSELF INTO THE CHAT AND WAIT FOR THE CHAIR TO RECOGNIZE YOU.
ADDITIONALLY, WHEN WE GO TO THE VOTING PROCESS, IF SEATED, UH, REPRESENTATIVES WILL UNMUTE YOURSELF AS WE APPROACH YOUR SEGMENT.
AND AFTER YOU CAST YOUR VOTE, PLEASE RETURN TO THE MUTE FUNCTION THAT'LL HELP US BE A LITTLE BIT MORE EFFICIENT WITH THE BALLOTING PROCESS.
AND THEN IF THE WEBEX ENDS FOR ANY REASON, GIVE US JUST A FEW MINUTES AND WE WILL BE ABLE TO START BACK UP.
YOU SHOULD BE ABLE TO USE THE SAME MEETING INFORMATION AND IF THERE'S AN ISSUE WITH THAT, WE WILL SEND SOMETHING OUT TO THE TAC LIST SERVED.
AND WE DO HAVE A FORM THIS MORNING STATEMENT AND WE'RE READY TO BEGIN WHEN YOU ARE.
CAN EVERYBODY HEAR ME? YES, I CAN HEAR YOU.
[1. Antitrust Admonition]
THE, BEFORE WE GET STARTED, THE ANTITRUST ADMONITION IS ON THE SCREEN TO AVOID RAISING CONCERNS ABOUT ANTITRUST LIABILITY, PARTICIPANTS IN ERCO ACTIVITIES SHOULD REFRAIN FROM PROPOSING ANY ACTION OR MEASURE THAT WOULD EXCEED OR COS AUTHORITY UNDER FEDERAL OR STATE LAW.AND THERE IS MORE INFORMATION ON THE NEW YORK COT WEBSITE.
WE, THIS IS OUR JULY TECH MEETING.
UM, THIS AGENDA IS PRETTY LIGHT TODAY.
ALL REVISION REQUESTS COMING OUT OF PRS UNOPPOSED.
SO WE MADE THAT, THAT DECISION TO DO A WEBEX ONLY, BUT WE WILL SEE EVERYBODY IN PERSON FOR THE AUGUST MEETING.
AND IN AUGUST, WE HAVE A COUPLE OF EXTRA MEETINGS.
WE HAVE THE, THE PRIORITIZATION WORKSHOP AND THE BIENNIAL SUBCOMMITTEE REVIEW WORKSHOP AS WELL.
WE HAVE A COUPLE OF NEWLY SEEDED REPS TODAY.
UM, WE HAVE BETH GARZA JOINING US AS THE RESIDENTIAL CONSUMER AND THEN ALSO IN THE CONSUMER SEGMENT, UH, IN THE, THE INDUSTRIAL SUBSEGMENT.
WE HAVE, UH, MIKE REED FROM AIR LAKI, UM, JOINING US AS A NEWLY SEATED MEMBER AS WELL.
WE WILL SEE THEM IN PERSON IN AUGUST.
AND THEN TODAY FOR, UH, PROXIES AND ALT REPS.
UM, IN THE CO-OP SEGMENT, MIKE, WE AS ALT REP JOE DAN WILSON FOR GOLDEN SPREAD.
UM, AND THEN KYLE MINNICK FOR BRAZOS HAS ALSO GIVEN HIS PROXY TO JOE DAN WILSON AND THE INDEPENDENT GENERATOR SEGMENT.
BRIAN SAMS OF CALPINE HAS ALT REPS, MADDIE HEATH, UM, AND SHE MIGHT HAVE HAD A NAME CHANGE.
AND THEN IN THE INDEPENDENT POWER MARKETER SEGMENT, UM, SME HAS ALT REP SHANE THOMAS, AND, UM, IN THE IOU SEGMENT, DAVID MERCADO HAS FOR CENTERPOINT, HAS ALT REP.
I BE JOHN AND RICHARD ROTH FOR A EP HAS AL REP AARON, UH, SEN AND AARON, I I UNDERSTAND YOU ARE PREPARED WITH, UH, RICHARD'S THEME FOR JULY.
UH, RICHARD DID PASS IT ALONG.
HE WANTED TO MAKE SURE EVERYONE STILL GOT TO HEAR THE THEME.
AND SO THIS MONTH, THE THEME IS THINGS THAT RHYME WITH HILL AS PP INTRODUCED A NEW PRODUCT RECENTLY BY IMPACT LARGE LOAD STUDY OR HILLS TO EVALUATE LARGE LOAD CONNECTIONS GREATER THAN 50 MEGAWATTS.
INTERN SERVICE DURING CAPACITY SHORTAGES IS A CONDITIONAL SERVICE CALLED CHILLS.
AND WHEN PAIRING THE NEW, THE STUDY OF THE NEW HILL AND A NEW GENERATION AGREEMENT, IT'S A HILL GA AND HE JUST WANTED TO MAKE SURE YOU ALL KNEW THAT HE WAS THRILLED TO BE ON VACATION.
AND I SHOULDN'T LET ANYONE GET OUTTA HAND OR HAVE TO SAY, TRY NOT TO BE A PILL OR, HEY, CHILL MAN.
I REALLY WANNA KNOW HOW LONG THE INSTRUCTIONS TO GIVE THE THEME OF A MONTH TO TAKE.
AND, AND WE'LL TAKE ANY COMMENTARY ON THE, THE THEME.
[2. Approval of TAC Meeting Minutes (Vote)]
FIRST UP ARE THE MEETING MINUTES.[00:05:01]
WE HAVE BOTH THE REGULAR MAY MEETING FROM MAY 28TH, AS WELL AS THE SPECIAL MEETING WE HAD ON JUNE 12TH.I DON'T BELIEVE WE HAD ANY SUGGESTED EDITS OR CORRECTIONS.
IS THAT CORRECT, SUSIE? UM, CALY.
WE DID HAVE ONE MINOR IN THE ADMINISTRATIVE EDIT THAT WE MADE.
UH, TO A, A LETTER, BUT WE DID AHEAD, UH, REVISED THOSE MINUTES AND THEY'VE BEEN POSTED.
AND SO THE VERSION THAT WE HAVE TODAY WOULD BE APPROVED.
SO IT WOULD BE, UM, APPROVAL OF THE MINUTES AS POSTED TODAY? YES.
AND THAT WAS ON THE MAY 28TH MINUTES OR THE JUNE 12TH? YES, MAY 28TH.
SO IT WOULD BE THE, THE MAY 28TH MINUTES, UM, THAT WERE REPOSTED TODAY, AS WELL AS THE, THE JUNE 12TH MEETING MINUTES.
UM, I WOULD PROPOSE PUTTING BOTH OF THOSE ITEMS ON THE COMBO BALLOT.
I DON'T KNOW IF IT'S TWO SEPARATE OR ONE ITEM.
UM, ARE THERE ANY OBJECTIONS TO THAT? HI, THIS IS, UH, THIS IS BETH.
THE ONLY, UH, I JUST ASK THAT I'D BE SHOWN AS ABSTAINING FROM THE APPROVAL OF THOSE.
SO LET'S DO THAT SEPARATELY INSTEAD OF THE, THE COMBO BALLOT.
CAN WE DO, IF THOSE ARE TWO SEPARATE ITEMS THOUGH, CAN WE DO LIKE A MINI COMBO, COREY, FOR, FOR BOTH MEDIUM MINUTES? YEP.
LET ME PUT ONE TOGETHER CAUSING TROUBLE.
ALREADY BE JUST, JUST TRYING TO, TRYING TO DO MY JOB.
I CAN'T EVEN GET IT LOGGED IN.
SO, YOU KNOW, HOPEFULLY I'LL GET CAUGHT UP HERE.
UH, WE DO NEED PROBABLY A MOTION AND SECOND ON, ON THAT.
I'M FINE TO MAKE THE MOTION SINCE THIS IS NOT THAT SUBSTANTIVE.
UM, CAN WE GET A SECOND? OKAY.
OKAY, SO THE MOTION WOULD BE TO APPROVE THE MAY 28TH AND JUNE 18TH, UH, MEETING AS PRESENTED.
AND LET'S SEE, WE'VE GOT OUR FIRST AND SECOND AND WE WILL BEGIN UP WITH THE CONSUMERS, WITH MARK.
NICK WITH THE SHOW, HOW ABOUT GARRETT? YES, SIR.
AND BETH, FORMALLY
AND JO, DAN FOR MIKE, HAVE NOT HAVE JOE DOWN YET.
TWO OF HER CO-OPS ONTO OUR INDEPENDENT GENERATORS.
AND THEN MADDIE, FOR BRIAN SAMS YES.
UH, IAN, HAILEY, YOU WITH US? I'M TAKING THE CHAT IF YOU'RE HAVING MIC ISSUES.
HOW ABOUT SHANE FOR
[00:10:01]
IT ON THE IRA.KEITH, NICKS YOU WITH US? OH, GOT YOUR YES.
AND THEN JOE, DAN, I SEE YOU IN CHAT WITH YOUR TWO YESES.
EV JOHN, YOU WITH US? I, OKAY.
WAS IT? OH, GOT AND CHAD CHAT.
[3. Meeting Updates]
ARE ONTO THE MEETING UPDATE.UM, WE JUST PROVIDE AN UPDATE ON THE, THE BOARD AND THE PUC OPEN MEETINGS WHERE OUR REVISION REQUESTS HAVE BEEN CONSIDERED SINCE THE LAST MEETING.
AT THE JUNE
THERE WAS ONE OPPOSING VOTE ON ONE NPRR, UH, NPR 1229, REAL TIME CONSTRAINT MANAGEMENT PLAN, PLUS RECOVERY PAYMENT, HAD AN OPPOSING VOTE FROM OPEC.
AND THEN WE HAVE NOT HAD ANY PUC MEETINGS IN THE INTERIM WHERE REVISION REQUEST HAVE BEEN APPROVED.
UM, THOSE REVISION REQUESTS FROM THE JUNE BOARD WILL BE TAKEN UP AT THE OPEN MEETING TOMORROW, WAS MY UNDERSTANDING.
ANY QUESTIONS OR DISCUSSION ON THE MEETING UPDATES? ALRIGHT, SO NOW WE
[4. Biennial TAC/TAC Subcommittee Structural and Procedural Review]
HAVE, UM, AN AGENDA ITEM, UM, THE BIENNIAL, UH, TECH TECH SUBCOMMITTEE, STRUCTURAL AND PROCEDURAL REVIEW.AS A REMINDER, THIS IS SOMETHING WE USED TO DO EVERY YEAR.
UM, I THINK WE, WE MOVED IT TO EVERY OTHER YEAR.
UM, I THINK THIS IS THE FIRST TIME WE'VE HAD HAD THAT GAP BREAK.
UM, I SEE YOUR COMMENT, KATIE.
AND, UM, WE DO HAVE A WORKSHOP SCHEDULED FOR AUGUST 12TH, UM, AND WE HAVE POSTED THE CONSOLIDATED MATERIALS TO THIS MEETING.
UM, SO I'M FINE HERE WITH BRIEF DISCUSSION OR NOT.
UM, I THINK ANY DIRECTION ON HOW WE SHOULD PREPARE FOR THAT WORKSHOP WOULD BE GOOD.
I WANTED TO RAISE A COUPLE OF THINGS FOR STAKEHOLDERS TO THINK ABOUT.
UM, SORT OF THE, THE MOST RECURRING COMMENT, I THINK FROM ALL OF THE GROUPS THAT REPORT TO TEXT THAT FOR ONE IS SET AN IMPEDIMENT TO MEDIANS IS THE LATE POSTING OF COMMENTS OR MATERIALS OR VISION REQUESTS THAT, UH, NECESSITATE URGENT VOTES.
THE ISSUE HERE TO ME IS, UH, THE TRANSPARENCY ISSUE AND MAKING SURE STAKEHOLDERS HAVE TIME TO REVIEW MATERIALS.
WE'VE SPOKEN ABOUT THIS IN THE PAST, INCLUDING ABOUT LESS THAN A YEAR AGO WHEN WE WERE DISCUSSING STAKEHOLDER REFORMS. UM, BUT I, I THINK WE'LL DISCUSS THIS AGAIN AT THE WORKSHOP.
I, I THINK SINCE THE LAST REVIEW WE DID TWO YEARS AGO, WE HAVE MADE AN EFFORT TO POST AGENDAS A WEEK AHEAD.
UM, MOST OF THE GROUPS WERE NOW REPORTING THAT THOSE AGENDAS ARE BEING TIMELY POSTED, BUT IT'S THE MATERIALS THAT ARE STILL AN ISSUE.
I, I'LL STOP RIGHT HERE 'CAUSE I, I KNOW KATIE'S COMMENT JUST RELATED TO THIS.
GO AHEAD, KATIE, KATELYN, I, I DIDN'T WANNA CUT OFF YOUR FLOW.
UM, I DID WANNA SAY THAT IT'S, IT IS COMMON AND, YOU KNOW, HAVING IMPORTANT MATERIALS FILED THE NIGHT BEFORE, THE DAY OF HAS BEEN A PRETTY HARD PILL TO SWALLOW.
UM, I GOT MY WORD IN TODAY AND JUST WANTED FOLKS TO KNOW THAT I'M NOT BRINGING JUST A PROBLEM.
I WILL BE BRINGING A SOLUTION TO THE AUGUST 12TH
[00:15:01]
WORKSHOP.SO IF FOLKS WANNA REACH OUT TO ME AHEAD OF TIME, UM, TO GET MORE INFORMATION, I JUST WANTED TO, TO PUT THAT OUT THERE.
BUT I WILL BE VOLUNTEERING TO DO WHATEVER IT TAKES TO MAKE THE CHANGES TO, UH, GET THIS SOLUTION ENACTED.
I REALLY APPRECIATE THAT, KATIE.
I WAS GOING TO, YOU KNOW, VOLUNTEER YOU TO HAVE PEOPLE REACH OUT, BUT I, I DIDN'T WANNA DO THAT, SO I'M, I'M GLAD YOU OFFERED IT.
UM, AND, AND THANK YOU FOR YOUR HARD WORK ON THIS, AND WE'LL HAVE THAT DISCUSSION AT THE WORKSHOP.
THE OTHER THING I WANTED TO PREVIEW IS THAT WMS IS SUGGESTING A FEW SUBSTANTIVE CHANGES TO THEIR WORKING GROUPS.
UM, THEY, THEY ARE SUGGESTING TO MOVE THE METERING WORKING GROUP TO UNDER ROSS'S PURVIEW.
I KNOW WE'VE HAD THIS DISCUSSION A COUPLE OF TIMES IN THE, THE PAST AND, AND SOMETIMES PEOPLE HAVE HAD STRONG FEELINGS.
AND THEN WMS IS ALSO SUGGESTING TO DISBAND BOTH RCWG AND, UM, MSWG AND MOVES THE WORK TO, UM, WHOLESALE MARKET WORKING GROUP.
THE, THE MARKET SETTLEMENT WORKING GROUP HAS NOT MET SINCE DECEMBER OF 2019.
UM, I, I THINK I QUESTIONED WHETHER WMWG IS THE RIGHT PLACE FOR THAT WORK, BUT IT MAY BE AN ISSUE THAT, THAT THE WORK IS JUST NOT COMING UP.
AND THEN THE RESOURCE COST WORKING GROUP HAS NOT MET SINCE, UM, NOVEMBER, 2024.
BLAKE, IF YOU WANNA ADD ANYTHING, I'LL LET YOU, BUT I, I WANTED PEOPLE TO, TO HAVE SOME TIME TO THINK ABOUT THAT, SO THEY'RE NOT SURPRISED.
I THINK YOU COVERED IT WELL, CAITLIN.
UM, AND AGAIN, WE HAVE POSTED, UM, THE RESPONSES AND THE CONSOLIDATED MEETING MATERIALS, UH, TO THIS MEETING PAGE.
THANKS FOR EVERYBODY'S HARD WORK AND GETTING THOSE IN.
AND WE PLAN TO HAVE THAT WORKSHOP ON AUGUST 12TH.
[5. Review of Revision Request Summary/ERCOT Market Impact Statement/Opinions]
NEXT IS THE REVIEW OF REVISION REQUEST SUMMARIES, UH, OR MARKED IMPACT STATEMENTS.AND I AM IN OPINIONS, UH, I WILL TURN IT OVER TO ANN STATEMENT.
THERE ARE 10 REVISION REQUESTS FOR TAC CONSIDERATION.
ONE, THE NO STILL REMAINING TABLE THIS MONTH.
UM, FOR REASONS FOR REVISION, WE HAVE EIGHT THAT FALL ON THAT GENERAL ASSISTANT AND PROCESS IMPROVEMENT BUCKET.
ONE, STRATEGIC OBJECTIVE ONE, AND THEN ONE THAT IS A ERCO BOARD P DIRECTIVE.
UM, FOR THE IMPACTS, WE HAVE FOUR THAT ARE NO IMPACT, TWO LESS THAN 5K TWO THAT FALL BETWEEN THE 75 TO ONE 40 RANGE, AND THEN TWO BETWEEN 400 TO 800 K.
AND THOSE TWO LARGER ONES, WE WILL BE TAKING, UM, A MORE CLOSE LOOK AT THOSE IMPACTS AND JUSTIFICATIONS.
UM, UNDER ERCOT OPINIONS AND MARKET IMPACT STATEMENTS, ERCOT DOES SUPPORT ALL OF THE REVISION REQUESTS HERE, AND WE'VE PROVIDED POSITIVE MARKET IMPACT STATEMENTS FOR ALL OF THEM.
UM, FOR THE IMM OPINIONS, THEY DO NOT HAVE AN OPINION ON THE REVISION REQUEST EXCEPT FOR NPR 1288.
AND THEN FOR CFSG REVIEW, UM, NO CREDIT IMPLICATIONS ON THE REVISION REQUEST EXCEPT FOR 1277, AND THEY DO BELIEVE IT PROVIDES A POSITIVE CREDIT IMPACT.
ANY QUESTIONS OR COMMENTS HERE? OKAY,
[6. PRS Report (Vote)]
I THINK WE CAN GO AHEAD AND MOVE, UM, TO THE PRS REPORT.I UNDERSTAND ANDY IS GIVING THAT THIS MONTH.
SO I THINK WE'RE GOING TO JUST GO THROUGH THE FIRST SLIDE HERE ON THE SCREEN.
AND THEN AS ANNE SAID, WE'LL, WE'LL TAKE A PAUSE AND TAKE A LOOK AT THE, THE TWO, UM, AND PR WITH THE, THE LARGE BUDGET IMPACT.
CAITLIN, CAN YOU HEAR ME? YES.
WELL, THRILLED TO BE HERE TODAY.
AS Y'ALL HEARD FROM AN KIND OF STOLE MY THUNDER A LITTLE BIT, BUT LAYING OUT THE FOUR UNOPPOSED NPRS THAT WERE APPROVED OUT OF PRS.
UM, THE ONLY OTHER THING TO NOTE HERE ON THE BIGGER NPRS 1288 AND 1289, YOU'LL NOTICE THE PRIORITY IN RANKS ONE GOES ALL THE WAY UP TO 2027.
UM, WE'LL BE TALKING MORE ABOUT THIS AT THE WORKSHOP, BUT, UM, A LOT OF THAT'S DUE TO JUST THE, THE
[00:20:01]
BACKLOG OF APPROVED NPRS WE HAVE, WHICH WE'LL BE LOOKING TO PRIORITIZE.UM, ALSO WE WILL TALK ABOUT THE, UH, LATER TWO NPRS HERE, BUT BEFORE THAT, WANTED TO SEE IF ANYONE HAD ANY QUESTIONS.
ALRIGHT, IF NOT, I'LL TURN IT BACK TO YOU.
CAITLYN, IF YOU WANNA LEAD US THROUGH A DEEPER DIVE OF THE, THE HIGH IA NP.
WHY DON'T WE START WITH, UM, 1288, IT HAS THE 400 TO 700 K BUDGET IMPACT.
AND SO WE WERE GOING TO REVIEW THE IMPACT ANALYSIS AND THE JUSTIFICATION.
THERE'S A JUSTIFICATION OF THE NPRR AND I KNOW, UH, TROY IS WITH US FOR ANY, UH, IMPACT ANALYSIS QUESTIONS.
WE GIVE FOLKS A COUPLE MINUTES TO REVIEW AND WE CAN SEE IF THERE'S ANY QUESTIONS.
DOES ANYONE WANT TO DISCUSS THE IMPACT ANALYSIS ON MPR 1288? MARK? I HAVE A QUICK QUESTION.
I, I THINK WE DISCUSSED THIS AT, AT ERS, BUT I JUST WANNA UNDERSTAND IF IF EVERYONE WHO PARTICIPATED IN THE AUCTIONS WAS IN COMPLIANCE WITH THE REQUIREMENT NOT TO SUBMIT MONTHLY, MULTIPLE MONTH TRANSACTIONS, WOULD THE FULL COST OF IMPLEMENTING THE NPRR BE NECESSARY? OR IS THE NPRR DOES IT HAVE, UH, BROADER CHANGES THAN JUST POLICING THE PARTICIPATION IN THE AUCTION? I HOPE THAT WAS CLEAR.
MATT, IS YOUR, DO YOU HAVE AN ANSWER TO THAT QUESTION? YEAH, IT IS A GOOD POINT, MARK.
UM, IN ONE WAY, YES, IF THE MARKET WAS ABLE TO SELF POLICE AND NOT SUBMIT THESE, THAT WOULD BE ONE WAY TO IMPLEMENT WITHOUT SYSTEM CHANGES.
UNFORTUNATELY, WHAT WE DO HAVE IS THIS BY THE REMOVING THE MULTI-MONTH LINKED OFFER, MAKING IT DISCRETE MONTHLY OFFERS, WE KNOW THAT THE POPULATION OF THE CRS WILL LIKELY MORE THAN DOUBLE OR TRIPLE.
AND SO WE'RE ACTUALLY PART OF THE COST IS OUR DATA WAREHOUSING STRATEGY BEHIND IT IN ARCHIVING STRATEGY TO BE ABLE TO HOLD THAT, UH, AMOUNT OF OWNERSHIP.
SO THERE'S STILL TWO PIECES OF IT BEHIND THE SCENES.
AND, AND HOW LARGE OF A PART OF THE, UH, OF THE FULL IMPACT IS THE DATA WAREHOUSING, UH, EXPANDED COSTS? UH, I WOULD GUESS IT'S ABOUT A THIRD.
I'D HAVE TO GO BACK TO THE IA, BUT ROUGHLY SPEAKING, AND THE REASON THERE'S STILL THAT VENDOR THAT CRR 94% IS, THEY WILL BE A PART OF THAT ARCHIVING STRATEGY ALSO.
SO IT DOESN'T, IT'S NOT JUST A BACKEND IT PIECE.
AND I GUESS WHEN WE GET TO THE NEXT NPRI, I'D HAVE THE SAME QUESTION.
IF YOU GUYS WOULD JUST GO OVER THANKS.
UM, I THINK WE CAN GO AHEAD AND MOVE ON TO 1289.
UM, SO I THINK WE CAN DO THE SAME THING THERE AND PULL UP THE JUSTIFICATION AS WELL AS THE IA.
[00:25:06]
ALL RIGHT.BLAKE, GO AHEAD WITH YOUR QUESTION.
UH, YEAH, IT WAS, IT WAS MORE OF JUST A COMMENT ON THE PREVIOUS NPRR.
UH, THIS IS BLAKE HOLT WITH LCRA, BY THE WAY.
UM, YOU KNOW, OR THE SOLUTION TIME PROBLEMS THAT, THAT ERCOT HAS BEEN PRESENTING OVER THE, THE LAST FEW MONTHS ARE, ARE REAL IN OUR MINDS.
AND, AND WE DEFINITELY SUPPORT, UH, SOLVING THOSE PROBLEMS. AND THINK THAT 1288 AND ADDITIONALLY 1289 WOULD, WOULD GO A LONG WAYS TO RESOLVING THAT.
AND SO IN TERMS OF 1288, UH, IF, UH, YOU KNOW, HOPEFULLY IT WOULD BE A COMBO BALLOT ITEM, BUT IF IT'S, UH, WOULD BE WILLING TO MAKE A MOTION, UH, FOR APPROVAL TO MOVE FORWARD.
OKAY, LET'S GO TO SETH AND THEN TROY AND, AND SEE IF WE CAN RESOLVE WHETHER IT GOES THIS COMBO OR NOT.
YEAH, I JUST WANNA SAY, I THINK THAT THIS WOULD HELP WITH THE OPTIMIZATION, UM, SPEED TIMES.
BUT AT THE END OF THE DAY, THIS IS A MOVING TARGET AND I FEEL LIKE WE'RE GONNA BE RIGHT BACK HERE.
WE NEED LIKE A, A TOTAL STATE CHANGE WITH OUR COMPUTATIONAL POWER OR, UH, WE NEED TO FIGURE OUT OTHER THINGS THAT WE CAN DO.
I THINK AT CMWG, WE TALKED ABOUT LIMITING THE BUDGET CONSTRAINT, UH, IN THE CR AUCTIONS, ACTUALLY THINK THAT THAT WOULD PROVE TO BE A BIGGER CHANGE THAN THIS WOULD BE.
BUT THESE BANDAIDS THAT WE'RE DOING, AS WE ADD MORE POINTS TO THE SYSTEM, AND WE HAVE, I THINK WE'VE SEEN PEOPLE OVER TIME FLOCK THE OPTIONS, MAYBE 'CAUSE THE COST OF CREDIT, IT'S HIGHER THAN WHAT IT WAS, UH, YOU KNOW, SAY TWO, THREE YEARS AGO.
UH, FOR WHAT, WHAT REASON, I THINK WE'RE GONNA BE RIGHT BACK HERE LOOKING AT THESE SORTS OF SOLUTIONS.
AND, YOU KNOW, THE TRADE OFF WITH THIS SOLUTION ALSO IS IF YOU DESEGREGATE THESE BIDS THAT THEY CAN'T BE LINKED, PEOPLE ARE NOW GONNA SUBMIT SIX MORE BIDS FOR EVERY MONTH.
UM, BECAUSE NOW THESE ARE JUST, YOU KNOW, ALL LINKED TOGETHER.
UH, SO, YOU KNOW, THERE IS A TRADE OFF HERE.
THIS ISN'T LIKE JUST SOMETHING THAT'S, UM, GONNA BE, YOU KNOW, JUST THIS, THIS PURE CLEAN, UH, UH, PROPOSAL TO REDUCE, UH, THE COMPLEXITY OF, OF CERTAIN KINDS OF BIDS.
THERE'S ALSO GONNA BE JUST MORE BIDS NOW THAT WE DO THIS.
SO THERE'S A LOT OF HAIR ON THIS, AND I, YOU KNOW, I'M NOT NECESSARILY OPPOSED TO GOING THIS ROUTE.
UM, AND THEN JUST KIND OF PHILOSOPHICALLY, I'M SORT OF DISAPPOINTED THAT WE'RE TRYING TO TACKLE THESE ISSUES, UH, BY REDUCING, UM, FUNCTIONALITY.
UM, I MEAN, IT, IT JUST, IT FEELS LIKE TO ME THIS IS A CALL FOR JUST INCREASING OUR ABILITY TO SOLVE THESE COMPLEX PROBLEMS, NOT TO REDUCE THE FUNCTIONALITY SO THAT WE CAN SOLVE 'EM THAT, YOU KNOW, TAKING TO ITS ULTIMATE CONCLUSION, IF WE CONTINUE TO DO THAT, WE'RE REALLY NOT GONNA HAVE THE STATE OF MAR, STATE OF ART CR ACTION THAT WE'VE HAD IN THE PAST.
SO WE REALLY GOTTA REFOCUS WHAT WE'RE LOOKING AT AND TACKLE THE PROBLEM FROM ACTUALLY INCREASING OUR ABILITY TO SOLVE THESE PROBLEMS RATHER THAN JUST STRIPPING OUT MARKET FUNCTIONALITY.
CAN I RESPOND? YEAH, PLEASE DO.
AND I BELIEVE, UM, MARK HAD ALSO WANTED THE SAME QUESTION FOR 1288 TO BE ANSWERED HERE.
SO IF, IF YOU WANNA COVER BOTH OF THESE, BOTH OF THOSE, THAT WOULD BE GREAT.
LEMME SEE IF I CAN COVER BOTH.
UH, SO FIRST OF ALL, THIS IS A TWO FOR ONE NPR.
NUMBER ONE IS INCREASING THIS, UH, BID LIMIT OR THIS MINIMUM BIG QUANTITY TO MAKE SURE WE DON'T HAVE 10TH OF A MEGAWATT BID.
SO TODAY PEOPLE CAN USE A 10TH OF A MEGAWATT FOR PRICE DISCOVERY OR AS A VERY SMALL INVESTMENT.
IT'S NOT NECESSARILY A FULL HIT, MORE OF THESE LITTLE PIECES PARTS.
SO BY SETTING THE MINIMUM TO BE AT OR ABOVE ONE MEGAWATT, AND IT COULD BE 10.1, IT JUST CAN'T BE 0.1.
SO THAT'S NUMBER ONE IS GETTING RID OF A LOT OF SMALL NOISE ON THE QUANTITIES.
UH, AND THAT IS SOMETHING THAT, UH, DOES TAKE A SYSTEM CHANGE.
IF WE ASK THE MARKET TO DO IT, WE CAN HOPE THEY DO IT, BUT I REALLY DON'T SEE THAT AS A, UM, UNLIKE THE OTHER ONE, THIS FEELS HIGHER RISK TO HOPE THAT EVERYONE SELF ADHERES TO IT, TO ALLEVIATE ERCOT IMPLEMENTING THE CHANGE.
THE SECOND PIECE OF THIS ONE WAS THE IDEA OF THIS MIDDLE PARAGRAPH, HAVING THE OPTION PRICE REPORT.
PEOPLE HAVE SAID ONE OF THE REASONS FOR THE 10TH OF A MEGAWATT PENNY BIDS IS SO THEY KNOW THE VALUE OF A PATH.
AND SO THIS REPORT THAT WE NEED TO DEVELOP IS A SOURCE SINK PAIRING, UH, FOR ALL OPTIONS ACROSS THE, UH, THING.
SO IT'S MILLIONS OF RECORDS THAT WE PUBLISH AFTER EACH AUCTION.
UH, AND THAT IS ALSO KIND OF A LARGE PIECE.
[00:30:01]
SO THERE'S REALLY NO WAY TO, UH, THERE'S A WAY TO DECOUPLE THESE INTO SMALLER CHANGES, BUT WE'D RATHER HAVE THE, UH, WHAT WE CALL IT, THE VENDOR PROJECT MANAGEMENT, ENGAGED THIS AS A PIECE.AND THAT'S WHY WE HAVE THIS ON THE 2027 ROADMAP.
WHEREAS THE OTHER ONE WAS THE 2026 ROADMAP.
AND SO, LET ME PIVOT TO THE OTHER PIECE.
WE HAVE AN OVERLY SUBSCRIBED MARKET.
WE'VE DOUBLED AND TRIPLED IN MARKET PARTICIPATION, AND THERE'S NO CONSTRAINT ON IT, AND THAT THEY JUST KEEP COMING.
SO THE IDEA IS WE NEED A WAY TO THROTTLE THIS BACK.
WE CAN USE THINGS LIKE BID FEES, MINIMUM BID FEES THAT SOME OTHER ISOS USE, LIKE A QUARTER OR A DOLLAR FOR A BID.
WE CAN USE OTHER THINGS THAT ARE ADMINISTRATIVE IN NATURE THAT NO ONE REALLY LIKES.
BUT WE'VE BEEN WORKING WITH CMWG FOR A YEAR NOW, AND THIS IS THE PATH THAT THEY'VE AGREED TO TO GO FOR.
WHAT IS THE, THIS IS THE FIRST TIME SINCE GO LIVE THAT WE'VE REVISITED FUNCTIONALITY AND WHETHER OR NOT TO DECOUPLE SOME OF THE FUNCTIONALITY THAT MAKES THIS A VERY LIQUID, ONE OF THE MOST COMPLICATED MARKETS IN NORTH AMERICA.
SO IT'S A, IT'S AN ISSUE OF HORSEPOWER.
THE HORSEPOWER MAY COME AT SOME POINT, AND AT THE TECHNOLOGY, UM, THE TECHNOLOGY WAS SHARED AT THE CMWG, THERE IS HOPE FOR CLOUD COMPUTING.
THERE IS HOPE FOR BETTER SERVERS AND RAM CPU, BUT IN PARALLEL TO HOPE ON TECHNOLOGY IS THE NEED TO GIVE AWAY SOME PIECE OF FUNCTIONALITY IN THE MARKET THAT WILL ALLOW IT TO RUN EVEN FASTER, TO INCREASE LIQUID LIQUIDITY.
SO WE'RE HAVING DEEP DIVES, WE'RE TALKING AN HOUR AND A HALF ABOUT THIS ON AVERAGE AT CM WGS EVERY MONTH.
AND WE'D LOVE FOR PEOPLE INTERESTED TO BE A PART OF THAT.
AND ALSO, AS ERCOT POSITIONS ITSELF TO IMPLEMENT THESE TWO NPRS, WE'RE WORKING WITH THAT GROUP ALSO TO KNOW THE WHEN AND THE HOW TO MAKE SURE WE DO IT AT THE RIGHT TIME.
SO WE'RE TRYING TO COLLABORATE ON THIS.
UH, WE'D LIKE TO SEE IT MOVE THROUGH, AND THEN WE CAN TALK ABOUT THE SEQUENCING AND OTHER PROPOSALS SUCH AS THE CREDIT CONSTRAINT.
BUT AGAIN, WE'VE TALKED ABOUT IT A YEAR.
IT WOULD BE INTERESTING IF WE PAUSED THIS AND SAID, LET'S SLOW DOWN AND REVISIT IT ALL AGAIN.
MATT KINDA TOUCHED ON, BUT I WAS GONNA SAY, I JUST WANTED TO MAKE SURE TAC MEMBERS UNDERSTOOD THAT THE PRIORITIES WE'RE SUGGESTING, UH, COULD MOVE ALONG 1288 NEXT YEAR, AND THEN 1289 THE FOLLOWING YEAR.
WE'RE ALSO CONTEMPLATING BUNDLING AND PR 9 36 WITH 1288.
SO IF THESE ARE APPROVED, THAT'S KIND OF THE GOING IN, UH, DELIVERY STRATEGY WE HAVE IN MIND.
HI, THIS IS, UH, MIKE RAIK FROM BOSTON ENERGY TRADING MARKETING.
UM, I JUST WANTED TO, TO ECHO SETH'S COMMENTS ABOUT 1288.
AND I, I THINK THE SKEPTICISM THAT REMOVING THIS FUNCTIONALITY ACTUALLY GOING TO IMPROVE PERFORMANCE.
I, TO SETH'S POINT, I THINK THE SET, I THINK IT'S GONNA QUICKLY EAT UP BY SIX X SEVEN X MORE BIDS AND ALSO THE CONTINUED ADDITION OF POINTS.
SO I, I THINK AT A MINIMUM, UM, IT WOULD BE, IT WOULD BE GOOD FOR, FOR ERCOT TO CONTINUE TO TRY TO, UM, SHOW IMPACT OF THIS REMOVAL AND, AND SEEING HOW, ACTUALLY TRACKING HOW MUCH IMPROVEMENT WE HAVE, UH, ONCE THIS IS IMPLEMENTED.
AND ALSO I THINK, UM, AT THE LAST CP MEETING LAST WEEK OR TWO WEEKS AGO, I THINK THE, THE ISSUE OF THE BUDGET CONSTRAINT WAS SOMETHING THAT I THINK WE SHOULD DEFINITELY DISCUSS MORE.
UM, AND QUITE FRANKLY, I WONDER IF THAT WILL GIVE YOU BETTER PERFORMANCE IMPROVEMENTS IF YOU DID THAT UPFRONT.
LIKE, MY UNDERSTANDING IS MOST OF THE OTHER ISOS, DO THEY DO THE CREDIT CHECKS AT BID SUBMISSION, NOT IN THE AUCTION.
SO I DEFINITELY THINK THAT, UM, YOU KNOW, THAT'S SOMETHING THAT WE SHOULD CONTINUE TO TALK ABOUT.
BUT, YOU KNOW, WE'VE MADE OUR POSITION CLEAR ON 1288.
IT'S NOT SOMETHING WE WERE IN FAVOR OF, BUT UNDERSTAND THE CONSTRAINTS THAT MATT MENTIONED, AND HOPEFULLY, YOU KNOW, WE DO GET RELIEF, BUT DEFINITELY THINK, TO SETH'S POINT, WE NEED TO LOOK AT ALL OPTIONS.
AND I DON'T THINK TAKING AWAY FUNCTIONALITY IS, UH, SOMETHING THAT ERCOT SHOULD CONTINUE TO DO GOING FORWARD.
YEAH, AND JUST TO PUT A POINT ON WHAT I WAS SAYING, I THINK THAT, UM, THIS, UH, MPR 1 2 8 9 THAT'S ON THE SCREEN RIGHT NOW, I, I DON'T REALLY SEE THAT AS VERY INVASIVE ON, ON ACTUALLY REDUCING,
[00:35:01]
UH, ANY FUNCTIONALITY.I, I, YOU KNOW, I I THINK THIS ONE IS, IS, IS GOOD TO HAVE MOVE FORWARD AND MAKES SENSE WITHOUT REALLY ANY MEASURABLE TRADE OFF.
UM, BUT I WAS MORE REFERRING TO 1288, AND JUST THE IDEA THAT WE KEEP BARRELING AHEAD, THAT WE'RE LOOKING AT THIS ISSUE AS AN ISSUE OF HOW DO WE REDUCE COMPLEXITY, UH, VERSUS AN ISSUE OF HOW DO WE MEET THE, THE DEMAND OF THAT COMPLEXITY, AND WHAT DO WE DO TO INCREASE OUR BANDWIDTH TO TAKE ON THESE COMPLEX PROBLEMS. UM, AND AGAIN, WHOLEHEARTEDLY, WHEN WE GET TO CMWG, I EXPECT THAT WE LOOK AT THAT BUDGET CONSTRAINT, UH, VERY CAREFULLY BECAUSE I, I, I DON'T KNOW THAT MANY PEOPLE ARE USING IT.
AND I THINK THAT, UM, THERE'S SOME VERY ESOTERIC THINGS THAT HAPPEN WITHIN THE OPTIMIZATION WHERE THE, THE WAY THAT PEOPLE BID AS, BECAUSE OF THAT BUDGET CONSTRAINT COULD BE PARTICULARLY TAXING ON THE SYSTEM.
BUT I'LL REFRAIN FROM HAVING THOSE DISCUSSIONS HERE.
ERIC GOFF, UH, HI, ERIC GOFF, UH, REPRESENTING A CRR TRADER.
I PARTICIPATED IN THIS CONVERSATION AT CMWG ON THEIR BEHALF.
UM, THE, I JUST WANNA REMIND PEOPLE THAT WMS, YOU KNOW, DID ENDORSE THIS AND PRS DID ENDORSE THIS, IT'S WHY IT'S HERE.
UM, AND, UM, THE TECHNOLOGY UPGRADES THAT, UM, YOU KNOW, WOULD BE DESIRABLE OR KIND EVALUATED AND SAID, THAT WOULD BE EXTREMELY CHALLENGING TO DO, UM, AND, AND MAY NOT BE POSSIBLE WITH THEIR EXISTING FRAMEWORKS.
THERE MIGHT JUST BE, HAVE TO START OVER WITH A DIFFERENT FRAMEWORK.
AND MATT, PLEASE CORRECT ME IF I'M WRONG ON THAT, BUT THAT WAS MY QUICK SUMMARY OF THAT REPORT FROM Y'ALL.
UM, AND THE ALTERNATIVES THAT WERE BEING DISCUSSED AT THE TIME WHEN THIS CAME UP WERE FEES ON PARTICIPATION, UM, WHICH COULD HAVE HAD A SIGNIFICANTLY WORSE IMPACT THAN THIS.
UM, SO, YOU KNOW, SETH, SETH, UH, AND MICHAEL, I DON'T DISAGREE WITH YOU THAT IT'S TO, IT WOULD BE GOOD TO NOT TAKE IN, UM, YOU KNOW, REMOVE FUNCTIONALITY, BUT IN THIS CASE, HAVING TO OPTIMIZE OVER MULTIPLE OPTIONS, UM, YOU KNOW, IS A PARTICULARLY CHALLENGING OPTIMIZATION FOR THEM.
AND, UM, IT IS, I THINK, A FAIR ALTERNATIVE TO ENERGY FEESS THAT COULD, YOU KNOW, JUST CUT OFF SOME PATHS FROM BEING ABLE TO CLEAR CONGESTION.
IF THE HEDGE VALUE OF, UM, A PATH THAT A, YOU KNOW, A GENERATOR LITERATURE HEDGE IS LESS THAN THE FEE, THEN IT, IT, IT COULD JUST CREATE, UM, SOME UNCERTAINTIES FOR, FOR HEDGING, AND IT WOULD, THE TRADE OFF IS TO AVOID FEES ON PARTICIPATION.
CHRIS, DID YOU WANNA COMMENT AGAIN? I, I WOULD JUST NOTE WHEN I DROPPED THERE IN THE COMMENTS, SO THAT, THAT'S WHY ELIMINATING THE BUDGET CONSTRAINT IS SO IMPORTANT.
IT PREVENTS ORCO FROM UTILIZING MULTI-THREADING.
TO GO BACK TO MATT, YEAH, SO JUST A KIND OF A FINAL COMMENT.
SO WE SUPPORT THE CURRENT MARKET, WE APPRECIATE THE CURRENT DESIGN AND HOW EFFECTIVE IT IS, AND WE'RE TRYING TO WORK WITH THE MARKET PARTICIPANTS ON THE GIVE AND TAKE, UH, TO HELP THE SOLUTIONS.
UH, BACK TO CES POINT, RIGHT NOW, WE'VE OPTIMIZED IT TO WHERE IT MULTI-THREAD THROUGH EACH AUCTION GOES THROUGH 26 CPUS, AND IF WE ADD MORE, IT SLOWS DOWN.
IF WE USE LESS, IT SLOWS DOWN.
SO AGAIN, THE HOPE FOR CLOUD COMPUTING MAY BE THERE.
SO THIS IS NOT A SURRENDERING OF ALL FUNCTIONALITY TO GET THERE.
AND IF WE WANNA WORK AT CMWG, THAT WOULD FEED THROUGH WMS IN TACC TO MOVE, YOU KNOW, THIS NPR IN FRONT OF THE OTHER NPR IS LESS INTRUSIVE.
WE'RE HAPPY TO CONTINUE TO WORK ON WHAT'S THE RIGHT SEQUENCE TO IMPLEMENT THIS IN PARALLEL TO TECHNOLOGY CHANGES.
SO THIS IS NOT NECESSARILY A FOREVER TYPE DECISION OF WHICH ONE GOES FIRST, SO WE CAN WORK WITH THE MARKET OVER THE NEXT FEW MONTHS.
DOES THAT, IF WE WANNA CHANGE THE SEQUENCE OF IMPLEMENTATION, WE, WE STILL WOULD JUST TODAY GO WITH THE IMPACT ANALYSIS THAT WE HAVE.
I DON'T KNOW IF THAT'S A MATT QUESTION OR A TROY QUESTION.
WELL, WELL, WELL, I THINK WHAT IT IS, IS IT TROY BRINGS TO PRS WHAT THE PLANS ARE FOR RELEASES.
AND SO IF WE, AS A BUSINESS TEAM HAVE GOTTEN A LOT OF FEEDBACK ABOUT THE RIGHT RELEASE CYCLE FOR THESE NPRS, OUR SIGNAL RIGHT NOW IS WHAT'S, YOU KNOW, MEMORIALIZING WHAT TROY HAS, BUT HOW WE ACTUALLY IMPLEMENT USUALLY BECOMES MORE OF A CYCLE AT PRS WITH HERE'S WHAT'S COMING, HERE'S THE PLAN.
AND I THINK THAT'S, IT CAN BE DONE
[00:40:01]
NOT OUTSIDE OF THE GOVERNANCE PROCESS, BUT WITH TRANSPARENCY TO MAKE SURE WE'RE PUTTING IN THE RIGHT NPRS AT THE RIGHT TIME BASIS ON THE TECHNOLOGY STACK THAT WE HAVE AT THAT POINT.AND TROY, YOU CAN WEIGH IN AND, OKAY, UH, WRAP MY KNUCKLES IF I'M WRONG.
TROY, DID YOU WANNA ADD ANYTHING? JUST THAT I AGREE WITH WHAT MATT SAYS.
IF, IF WE GET REALLY STRONG FEEDBACK THAT WE SHOULD DO THESE IN A DIFFERENT ORDER, I WOULD COME TO PRS AND SHARE THAT, UH, RECOMMENDATION AND WE'D TAKE FEEDBACK ACCORDINGLY.
IS THAT SOMETHING THOUGH WE NEED TO MAKE A POINT TO BRING UP AT, UM, CMWG? I DON'T KNOW IF YOU, YOU WERE GETTING THOSE FOLKS AT PRS TYPICALLY WHEN YOU'RE DOING, UM, THE PROJECT REPORTS, TROY? YEAH, I WOULD SAY OUR
OUR CR TEAM, OUR CRR TEAM WILL CONTINUE TO WORK CLOSELY WITH CMWG AND IF THERE'S A STRONG SIGNAL COMING OUTTA THAT, WE WOULD TAKE IT TO WMS AND PRS AS A, HERE'S WHAT WE THINK WE SHOULD PIVOT TO THIS REORDERING.
SO IF THESE GO FORWARD WITH THE CURRENT, UH, PRIORITIES AND WE FIND A DIFFERENT PATH IN WORKING WITH THE MARKET, WE CAN STILL ESCALATE THAT UP THROUGH PRS AND WMS. OKAY.
SO I WOULD PROPOSE WE, YOU KNOW, SEE, SEE IF THERE'S A MOTION OR IF WE CAN PUT THIS ON THE COMBO BALLOT AND THEN WE CAN ASK OUR FRIEND BLAKE TO MAKE SURE BMWG IS, IS KEEPING AN EYE ON THE IMPLEMENTATION.
AND THEN, I DON'T KNOW, SETH, IF THERE IS ANOTHER ACTION ITEM THAT YOU WANNA WORK WITH A SOFTLINE ON FOR WMS AND C-M-W-G-I, I DON'T, I THINK WE'RE THERE.
I THINK WE'RE HAVING THE CONVERSATIONS.
UM, YOU KNOW, MATT SAID THAT HE'S COMMITTED TO CONTINUE THOSE, SO I THINK WE'RE GOOD WITHOUT AN ACTION ITEM.
THESE ARE IMPORTANT CONVERSATIONS TO HAVE, SO I APPRECIATE YOU, YOU, YOU KNOW, ASKING ME ABOUT THAT.
SO LET'S JUST MAKE SURE GMWG IS KEEPING AN EYE ON THE IMPLEMENTATION.
IS THIS SOMETHING WE CAN PUT ON THE COMBO BALLOT? LOOKS LIKE WE CAN.
ANY, ANY LAST THOUGHTS ON NPR 1289? GO AHEAD, COREY.
I JUST WANT TO
SO IT, IT SOUNDED LIKE SETH WAS OKAY WITH 1289 BEING THE A, A DECENT OPTION, AND THAT SOUNDS LIKE A FINE COMBO BALLOT CANDIDATE, BUT FOR 1288 IT SOUNDED LIKE THAT FELT PRETTY STRONGLY THIS WAS THE WRONG DIRECTION.
BUT BEFORE WE PUT IT ON A COMBO BALLOT START HEADING DOWN THAT PATH, I JUST WANNA MAKE SURE THAT THEFT DOESN'T NEED A SEPARATE BALLOT TO AT LEAST IT STAYING ON 1288 OR HAS THE CONVERSATION ASSUAGED IS CONCERNED.
AND, AND WE'RE OKAY TO PUT ALL FOUR ON THE COMBO.
I'LL LET SETH ANSWER THAT QUESTION AND THEN I'LL I'LL RAISE, UH, ALL FOUR.
UH, IT'S NOT THAT I'M AGAINST 1288, I JUST FEEL LIKE IT'S, IT'S NOT A STEP CHANGE IN WHAT WE'LL BE ABLE TO SOLVE FOR.
IT DOES HELP, UH, AND I WAS HIGHLIGHTING SOME OF THE POTENTIAL TRADE-OFFS OF THIS FUNCTION.
IT DOESN'T COMPLETELY JUST UNLEASH LIKE A LOT OF, UH, COMP COMPUTATIONAL COMPLEXITY.
IT DOESN'T REDUCE A TON OF THAT.
UM, I'M FINE WITH IT BEING ON THE COMBO BALLOT.
OKAY, SO WE'D BE LOOKING, UH, ACTUALLY TO PUT ALL FOUR OF THESE REVISION REQUESTS ON THE SCREEN.
UM, THE COMBO BALLOT, IT WOULD BE, UH, RECOMMENDED APPROVAL OF NPR 1277 AS RECOMMENDED BY PRS IN THE JUNE 11TH PRS REPORT TO RECOMMEND APPROVAL OF MPRR 1281 AS RECOMMENDED BY PRS IN THE JUNE 11TH PRS REPORT TO RECOMMEND APPROVAL OF MPRR 1288 AS RECOMMENDED BY PRS IN THE JULY 16TH PRS REPORT.
AND TO RECOMMEND APPROVAL OF NPRR 1289 IS RECOMMENDED BY PRS IN THE JULY 16TH PRS REPORT.
AND TO HAVE CMWG KEEP HAVING THE CONVERSATIONS THEY'RE HAVING AND THAT DOESN'T NEED TO GO ON THE COMBO BALLOT.
[7. Revision Requests Tabled at TAC (Possible Vote)]
MOVE TO REVISION REQUEST.[00:45:02]
WE DO HAVE NUMBER 2 64 TABLED HERE.UM, BUT MY UNDERSTANDING FROM THE DRRS WORKSHOP IS THAT ERCOT PLANS TO WITHDRAW NPRR 1235 AND FILE A NEW NPRR ON DRRF.
UM, I ASSUME THIS MEANS THISNO IS LIKELY TO BE WITHDRAWN, BUT I DON'T KNOW IF SOMEBODY FROM FROM ERCOT WANTS TO SPEAK TO THAT OR CORRECT ME OR, OR GIVE US AN UPDATE ON TIMELINE.
CAN I JUST CONFIRM YOU ALL CAN HEAR ME? YES.
UM, MAYBE JUST A NOTE THAT AS WE'RE DOING, AS WE'RE IN THE COURSE OF THAT, WE WILL TAKE A LOOK AT THAT NOER AND DETERMINE, UM, WHETHER IT CAN REMAIN OR CHANGE.
UH, WE'RE, WE'RE KIND OF, I THINK OUR, OUR PROPOSAL TO WITHDRAW IS REALLY JUST TO MAKE IT CLEANER RATHER THAN RED LINING AN EXISTING ONE THAT WOULD BE REALLY HARD TO REVIEW.
BUT WE WILL KIND OF TAKE ON THE NOTE HERE THAT WE'LL TAKE A LOOK AT THAT
[13. RTC+B Task Force Report]
WE ACTUALLY ARE GOING TO DO ONE AGENDA CHANGE.UM, WE ARE GOING TO TAKE UP THE RTC PLUS B TASK FORCE REPORT AHEAD OF RMS IF MA IS READY.
I APPRECIATE THE LETTING ME GUIDE IN HERE.
SO YEAH, IF YOU WANNA HIT THE NEXT SLIDE, SO WE'LL DO THE USUAL UPDATE, BUT I AM GONNA, IT'S BEEN TWO MONTHS, SO I THINK IT'S WORTH SPENDING A LITTLE TIME ON THE MARKET TRIALS UPDATE OF WHERE WE'VE BEEN AND WHERE WE'RE HEADED.
SO IT'LL FEEL, FEEL A BIT LIKE A FAST FIRE DRILL, BUT WE'LL KIND OF FLY OVER SOME OF THE DETAILS AND THEN REALLY GET TO THE NEXT STEPS OF WHAT WE EXPECT IN AUGUST.
IT'S 30 SLIDES, BUT I'M GONNA START SLOW AND THEN GO FAST AND FINISH SLOW.
SO IN TERMS OF THE PROGRESS, THANK YOU FOR HELPING GET EVERYTHING GREEN.
WE HAVE THE TOP RED BOX ARE THE TWO NPRS THAT WE'RE, UH, FINISHING UP.
SO THAT'S 1282 AND 2 77 ARE AT THE BOARD AT THE PUC TOMORROW.
AND THEN THE CLEANUP REVISION, THAT'S NPR 1290 AND 12 2 78 NOER ARE GOING TO THE SEPTEMBER BOARD.
AND THEN IMPLEMENTATION WISE, WE HAVE EFFECTIVELY PINS DOWN ON ALL THE HANDBOOKS EXCEPT THAT FIRST ONE IS THE GO LIVE TRANSITION PLAN AT THE BOTTOM THERE AND ANY PROTOCOL, UH, GOOD CAUSE EXCEPTIONS WE NEED BEFORE GO LIVE.
AND THAT LAST BOX IS START TO BRING FORWARD ANY MODIFICATIONS TO OPERATING PROCEDURES.
SO THANK YOU FOR GETTING US TO THIS POINT AND UM, IT'S GOING PRETTY QUICK RIGHT NOW.
SO THIS IS JUST A DRILL DOWN ON THE NPR SPECIFICALLY.
SO THE NEXT SLIDE WILL SHOW THE CUMULATIVE SCOPE.
SO OBVIOUSLY 1282 AND 2 77 WE JUST TALKED ABOUT, WE TALKED ABOUT 1290 AND 2 78 ARE THE SEPTEMBER BOARD THAT PATH TO THE FINAL BOARD MEETING BEFORE GO LIVE.
THERE'S ANOTHER BOARD MEETING IN DECEMBER, BUT THE FINAL ONE BEFORE THE DECEMBER 5TH GO LIVE IS SEPTEMBER 23RD FOR THE BOARD.
SO LAST STOP FOR PRS IS AUGUST 13TH.
TAC IS YOUR NEXT MEETING ON AUGUST 27TH LEADING UP TO THE BOARD.
UH, AND WE WILL NOTE THAT ERCOT DID JUST FILE, UH, LAST WEEK A GOOD CAUSE EXCEPTION AT THE PUC FOR THE CLOSED LOOP LFC TEST.
UH, THE SPECIFIC EXEMPTION WAS IN THE HANDBOOK, UH, THAT THE GROUP REVIEWED, WHICH WAS ERCOT WILL NOT CHARGE FOR BASE POINT DEVIATION CHARGES DURING THE LFC TEST.
SO IN OTHER WORDS, WHEN WE GO INTO TWO HOURS OF RTC CONTROL, IT'S ALMOST LIKE A VDI, IT'S ERCOT HAS TOLD THE QUAIS TO GO SOMEWHERE DIFFERENT THAN THE CURRENT SYSTEM IS SHOWING.
AND SO DURING THOSE TWO HOURS, AS LONG AS THEY'RE FOLLOWING THEIR RTC POINTS, THERE WILL NOT BE PENALTIES FOR DOING SO, AND WE'LL REMOVE THAT BASE POINT DEVIATION CHARGE ACROSS THE FLEET.
IF YOU'RE, UM, NOTHING HAS CHANGED WITH THIS.
JUST A REMINDER OF THE, THE TOP ONES ARE THE FOUNDATIONAL ONES, THE MIDDLE ONES ARE THE 2025 CLARIFICATIONS AND THE BOTTOM SET ARE THE RELATED NPRS THAT JUST HAPPEN TO BE A PART OF COMING TO ALIGNMENT FOR THE GO LIVE AT DECEMBER.
YOU'VE SEEN THIS, UH, DIAGRAM A COUPLE TIMES.
UH, IT'S THE CRAWL, WALK, RUN, THE MAY THROUGH JUNE HAS BEEN CALLED THE CRAWL.
IT'S THE INITIAL CONNECTIVITY TESTING.
THE WALK IS WHAT WE'RE IN RIGHT NOW.
THIS OPEN LOOP ARE MARKETS ARE RUNNING, WE ARE PUBLISHING SCED PRICES AND WE'RE
[00:50:01]
DOING TELEMETRY CHECKOUT WITH THEIS TO FOLLOW.AND THEN THE ONGOING, UM, TEST IN PARALLEL TO A CLOSED TEST.
SO THAT'LL BE OUR FIRST CONTROL TEST ALONG WITH THE DAY HEAD MARKET IN SEPTEMBER, OCTOBER.
UH, YEAH, SETH, WE'LL GO AHEAD AND PAUSE AND TAKE YOUR QUESTION IF YOU LIKE.
YEAH, THANK YOU FOR THESE UPDATES.
I ALWAYS FIND 'EM REALLY HELPFUL AND, AND, UH, VERY COMPREHENSIVE.
WHEN WE, WHERE WE'RE AT IN TESTING RIGHT NOW, HOW ARE WE TO THINK ABOUT THE RESULTS THAT WE'RE SEEING OR IS THERE SOMETHING, CAN WE MUCH OUTTA THAT? YEAH, YEAH.
I'M, I'M GONNA, I'M GONNA HIT THOSE IN THE FLY OVER HERE IN A FEW MINUTES.
AT THE END OF IT I'LL GIVE A VOICEOVER AND THEN YOU CAN DRILL INTO MORE QUESTIONS ON IT.
ALRIGHT, SO WE'LL GO AHEAD TO THE NEXT SLIDE.
AND SO FOR EACH OF THESE PHASES FOR THE BOARD, I DID THIS IN JUNE.
I JUST THOUGHT I WOULD SHARE IT WITH TAC, I DON'T HAVE TO READ THROUGH THESE, BUT IT'S A, YOU KNOW, MAY AND JUNE ARE CONNECTIVITY TEST AND THESE TWO BOXES ARE KIND OF THAT EXECUTIVE SUMMARY OF WHAT THEY DO.
I'LL READ THIS ONE A LITTLE MORE 'CAUSE THIS IS THE ONE WE'RE DOING RIGHT NOW IS THIS INITIAL REAL-TIME MARKET EXECUTION IN JULY AND AUGUST IS THAT THAT FIRST BULLET BELOW IS THE QUEASY WILL SUPPORT PARALLEL PRODUCTION TWO DAYS A WEEK.
THAT'S TUESDAYS AND THURSDAYS FROM NINE TO FIVE WHERE THEY ENTER BIDS AND OFFERS THAT ARE 80 TO 120% OF THEIR COSTS FOR SCHEDULE RUN.
AND WE WILL BE PUBLISHING THE PRICES AND AS AWARDS WE WILL SIMULATE DISPATCH, BUT YOU DON'T FOLLOW DISPATCH SO PEOPLE DON'T FOLLOW THOSE SIGNALS.
SO THAT IS THE OPEN LOOP PIECE OF IT.
AND IN PARALLEL TO THAT IS THIS COORDINATION OF INDIVIDUAL QUEASY TESTS.
WE'VE ALREADY DONE THIS WITH A NUMBER OF QUES WE GET ON THE PHONE, WE PUT THREE OR YOU KNOW, TWO OR THREE OF THEIR RESOURCES ONTO THE NEW RTC TELEMETRY POINTS OF UDSP WHERE THEY FOLLOW THAT NEW FOUR SECOND PULSE UP AND DOWN FOR 15 MINUTES IN COORDINATION WITH THE CONTROL ROOM.
AND THEN THAT TEST WILL BE DONE.
SO THAT'S THE DIFFERENCE BETWEEN THOSE TWO, UH, ACTIVITIES.
AND THEN AGAIN, THAT'S LEADING UP TO THE NEXT SLIDE, WHICH IS WHAT IS THIS CLOSED LOOP, UM, FREQUENCY CONTROL TEST.
THIS IS SOMETHING WE HAVEN'T DONE SINCE THE ZONAL 10 NODAL GO LIVE BACK IN, UM, YOU KNOW, 2009, 2010.
THIS IS A LIVE PRODUCTION TEST, A TEMPORARY TEST IN THE CONTROL ROOMS ACROSS TEXAS.
SO ERCOT, THE QUAIS WILL CONDUCT A LIVE PRODUCTION TEST WHERE THEY FOLLOW THE SCAD BASE POINTS FROM RTC AS WELL AS THE LOAD FREQUENCY CONTROL DISPATCH.
AND THIS IS NOT ABOUT BEING A MARKET TEST AS AS MUCH AS IT IS A FREQUENCY CONTROL TEST.
UH, PART OF WHAT YOU WOULD SEE IN THE HANDBOOK IS IF YOU READ IT, WE ACTUALLY SCRIPT THE PRICES THAT IF YOU'RE CARRYING ANCILLARY SERVICES IN THE CURRENT MARKET, YOU OFFER THAT IN AT ZERO.
IF YOU'RE NOT CARRYING ANCILLARY SERVICES, YOU PUT IT AT 2000.
AND IN THAT WAY WE'RE AWARDING THE SAME RESOURCES IN THE CURRENT MARKET AND THE RTC MARKET SO THAT WE DON'T HAVE TOO MUCH, I'LL CALL IT RELIABILITY DRIFT, THE TRANSITION IN AND OUT OF THESE TESTS WE WANNA MAKE AS SMOOTH AS POSSIBLE.
IT REALLY IS ABOUT A FREQUENCY CONTROL TEST TO MAKE SURE THAT WE CAN GO LIVE, UH, WITHOUT A FREQUENCY RISK.
UH, AND THEN IN PARALLEL TO THAT IS THIS OPTIONAL DAY HEAD MARKET.
THAT'S WHERE THE REST OF THE QU CAN GET IN AND START TO OFFER INTO THE DAY HEAD MARKET.
THERE'LL BE THE VIRTUAL AS OFFERS AND SOME OTHER CHANGES THAT ARE THERE.
UH, I I SAY IT WILL BE AT LEAST TWO TIMES.
UH, WE'RE PROBABLY LOOKING AT MORE ON THE ORDER OF FOUR, UH, DAY AHEAD MARKET TESTS.
JEREMY, I SEE YOUR HAND WENT UP.
UM, ON THESE CLOSED LOOP TESTS, IS THERE ANY POSSIBILITY OF THE SET POINT PRICE IN RTC BEING SIGNIFICANTLY DIFFERENT THAN WHAT IS IN THE CURRENT NODAL MARKET CAUSING ECONOMIC HARM TO RESOURCES THAT ARE FOLLOWING THE RTC SIGNAL? YES, AND SO IN THE HANDBOOK WE ALSO, SO NUMBER ONE WAS THE EXEMPTION THAT WE PUT IN THAT SAYS NO BASE POINT DEVIATION CHARGES.
SO FOLLOW THE SIGNAL NO MATTER WHAT.
BUT WE ALSO PUT A LINE IN THERE THAT SAID WE RECOGNIZE THAT QUEASY, IF THEY ARE HARMED IN THE TEST BY FOLLOWING ERCOT, UH, SIGNAL CAN UH, FILE A DISPUTE CLAIMING THAT HARM.
NOW IT WON'T BE OPPORTUNITY COST, LIKE I MISSED THE CHANCE TO MAKE MONEY, BUT IT IS, I LOST MONEY BECAUSE I FOLLOWED ERCOT AND I FOLLOWED IT ACCURATELY.
THEN THOSE ARE ELIGIBLE FOR A UH, DISPUTE.
YEAH, THE TASK FORCE HAS BEEN VERY HELPFUL, KIND OF WALKING THROUGH THAT IN OUR SETTLEMENTS TEAM.
YEAH, WE'RE TRYING TO HOLD EVERYONE HARMLESS FOR THIS TWO HOUR TEST.
OKAY, SO WE'RE HAVING A TRIALS MEETING EVERY MONDAY FROM 10 TO 10 30.
IF YOU EVER WANT TO TUNE IN, WE AVERAGE 150 TO 200 PARTICIPANTS.
UH, WHAT I WANTED TO DO, HERE'S THE FLYOVER, HERE'S WHERE I'M GONNA GO FASTER.
THERE'S THE SCORECARDS FOR MAY AND JUNE AND THEN THERE'S THE 18 SLIDES ON WHERE WE ARE RIGHT NOW IN THE JULY AUGUST, INCLUDING PRICING RESULTS AND WHAT THOSE RESULTS ARE AND WHAT THOSE RESULTS ARE NOT.
[00:55:01]
SUCCESSFUL.THE NEXT THREE SLIDES SHOW WHY.
THE FIRST SLIDE IS THE INITIAL CONNECTIVITY TEST.
EVERY MARKET PARTICIPANT WAS ABLE TO SUBMIT AT LEAST ONE TRANSACTION FOR THEIR TECHNOLOGY.
YOU SEE ON THE TOP WAS ESRS GEN AND LOAD.
THERE'S ALSO THE UH, TOP THREE PART OFFER OUTAGE SCHEDULER FOR GEN LOAD AND ESR SO THAT EVERY TECHNOLOGY TYPE WAS TOUCHED TO GET AT LEAST ONE SUBMISSION IN A HUNDRED PERCENT.
THIS NEXT ONE IS, IS IN MY MIND THE SUCCESS.
WE HAVE 99.5% OF THE 26,000 NEW TELEMETRY POINTS NEEDED.
UH, CITY OF GARLAND AND RWE, THEY'RE PROBABLY FINISH OFF, THIS IS JUST MORE OF A LATENCY ISSUE FROM THE 21ST, BUT IT WAS JUST A MATTER OF THOSE LAST FEW POINTS AND THEY'RE WORKING WITH US TO GET IT IN.
SO WE ESSENTIALLY HAVE A FULL TELEMETRY SUITE INSTALLED.
AND THEN WE DID DO A CHECKOUT WITH EVERY COMPANY TO MAKE SURE IF WE DIALED IN A 4.5 MEGAWATT, THAT EACH COMPANY COULD FOLLOW THAT NUMBER ON THEIR SIDE AND REPORT BACK AS TO WHAT THAT NUMBER WAS.
THEY DIDN'T HAVE TO FOLLOW IT, BUT THEY HAD TO ECHO BACK WHAT THE VALUE WAS.
SO IT WAS AN INITIAL TELEMETRY CHECKOUT ACROSS THE FLEET.
OKAY, SO NOW WE'RE GONNA PIVOT INTO THE JULY AUGUST TRIALS.
SO THIS IS THE HANDBOOK THREE IS THAT DUAL PRODUCTION LIKE DATA MON ON TUESDAYS AND THURSDAYS, NINE TO FIVE, WE CALL THOSE MONITORED OPERATING DAYS IS WHAT WE HAVE THAT IN THE HANDBOOK AS.
AND THE IDEA IS DURING THOSE NINE TO FIVE TUESDAY THURSDAYS IS THAT THE SUBMISSIONS FOR THREE POTTER OFFER COP AND AS YOU DON'T NEED TO SUBMIT OUTAGES WOULD BE IN PARALLEL IN SOMEWHAT ACCURATE WITH WHAT'S IN PRODUCTION.
TELEMETRY WOULD ALSO BE ACTIVE FOR CURRENT AS WELL AS THE NEW TELEMETRY POINTS.
UH, ERCOT WILL QUIETLY BE RUNNING RUCK STUDIES BEHIND THE SCENES BASED ON THOSE COPS.
AND THE SYSTEMS ARE RUNNING SEVEN BY 24.
SO WE ARE PUBLISHING TODAY'S WEDNESDAY, WE'RE STILL PUBLISHING RTC PRICES.
UM, BUT IT'S JUST A MATTER OF THOSE TUESDAYS, THURSDAYS, MAKING SURE WE GET TO THAT QUALITY BAR OF WHERE PEOPLE CAN LOOK AT IT AND SEE WHAT THE PRICE FORMATION LOOKS LIKE BASED ON THEIR OFFERS.
UH, SO THE SCORING IS A, UH, VERY HIGH BAR.
IT'S TO GET TO 95% ON TELEMETRY AND SUBMISSIONS FOR THIS PART OF THE TEST.
85 TO 95% IS YELLOW AND REST LESS THAN 85%.
UH, WE WILL, AS WE GET FURTHER INTO THIS, PROVIDE AN ER HOTT WIDE SCORE.
WE DON'T WANT IT TO SHOW AS IF ONE QUEASY CAN SYNC THE WHOLE SHIP.
SO GETTING TO THAT 95% IS REALLY ABOUT A RESOURCE, UH, WEIGHTED SUCCESS RATE.
THE OTHER SCORECARD IN PARALLEL IS THIS COORDINATED INDIVIDUAL QUEASY TEST HAVE, WHICH QUEASY HAVE COMPLETED THAT TEST OF, AGAIN, THE TWO OR THREE RESOURCES FOLLOWING UDSP.
ALSO, JUST TO NOTE THAT WE ARE NOT REQUIRING, UH, NON-CONTROLLABLE LOADS FOR THAT TEST.
WE'RE NOT GONNA, YOU KNOW, TRIP BREAKERS, UH, FOR THIS.
THIS IS TRULY A LFC TYPE TEST.
CAN THEY CONTROL TOO? NEXT ONE.
OKAY, SO LET'S GET TO THE SCORECARDS.
THEY'RE NOT PERFECT, BUT HEY, THIS WAS WEEK ONE.
AND SO THIS IS A SUBMISSION ON THE TOP AS YOU START TO READ THESE.
THE FIRST COLUMN IS FOR LAST TUESDAY, JULY 22ND, AND THEN THE NEXT ONE IS FOR THURSDAY, JULY 24TH.
AND YOU CAN SEE EVEN THAT TOP ENTITY HAD 60% OF THEIR OFFERS OR COPS IN, BUT THEY WEREN'T UP TO THAT, YOU KNOW, THE 85%.
SO BECAUSE OF THAT THEY SHOW US RED, BUT THEY WERE PARTICIPATING.
YOU KNOW, AS ERCOT, WE'RE MORE INTERESTED IN PEOPLE THAT ARE SHOWING ZEROS ACROSS THE BOARD.
AND IF WE'RE NOT SEEING IMPROVEMENT THIS WEEK, WE'LL BE REACHING OUT TO THOSE COMPANIES.
UH, THIS ALSO HAS CREATED A LOT OF EMAILS COMING BACK TO US.
SO THIS WASN'T TO SHAME ANYONE.
THIS IS A WEEK ONE EARLY AND UGLY TYPE FEEDBACK LOOP TO MAKE SURE THAT COMPANIES KNOW WHAT THEY NEED TO DO AND ARE THEY DOING IT.
LOOKING AT TELEMETRY, ARE THERE, UH, IS IT ACCEPTABLE TELEMETRY POINTS BETWEEN ZERO AND MAYBE YOUR HIGH REASONABILITY LIMIT, JUST HIGH LEVEL GUARDRAILS THAT WE'RE TRYING TO PUT PARAMETERS IN TO HELP TEASE OUT WHAT MAY BE, UM, INACCURATE TELEMETRY TO FEEDBACK.
SO THESE PERCENTAGES ARE MUCH BETTER.
YOU SEE, AGAIN, THESE ARE IN THE EIGHTIES ALREADY, UH, ALMOST ACROSS THE BOARD AND WE'RE JUST WORKING TO GET THAT HIGHER AND HIGHER OVER THE NEXT, UH, FIVE WEEKS.
AND THIS IS THE ONE IS THESE ARE THE QUIZZES THAT HAVE ALREADY DONE THAT CONTROL ROOM TEST TO FOLLOW THE, UH, UPDATED DESIRED SETPOINT.
THEY'VE DONE THE, ACTUALLY MOVED THEIR UNITS TO FOLLOW THE U-D-S-P-R-T-C SIGNAL.
AND IT'S GONNA BE A, YOU KNOW, JAMMING EVERYONE INTO THESE LAST FIVE WEEKS OF TESTING BY THE END OF AUGUST.
ALRIGHT, THESE ARE THE ONES I'M GONNA GO SUPER FAST ON.
THIS IS FOR TRANSPARENCY, NOT FOR A DEEP DIVE.
UH, SO FIRST ONE MARKET TRIALS.
THIS IS A NINE TO FIVE 9:00 AM TO 5:00 PM STRIP OF ENERGY SYSTEM LAMBDA PLUS
[01:00:01]
ADDERS.THE PURPLE LINE IS THE PRE RTC OR THE CURRENT SYSTEM PRICES THAT WERE PRINTED IN PRODUCTION.
RTC IS WHAT WAS HAPPENING IN PARALLEL.
SO YOU'LL SEE SOME PRICE SPREADS BETWEEN THE TWO.
AGAIN, YOU'VE JUST SEEN THE REPORT CARDS.
YOU UNDERSTAND THAT WE HAVE, UM, NOT QUALITY IN THERE YET AS WELL AS ERCOT.
UH, ONE OF THE ISSUES LATER WE'LL TALK ABOUT IS THAT THE CONSTRAINTS AREN'T PERFECTLY ALIGNED YET, NOR IS THE AS PLAN PERFECTLY ALIGNED AS OF LAST WEEK.
THIS IS REALLY A CAN PEOPLE GET INFORMATION IN TO GET INFORMATION OUT AS WE START TO THEN GO THROUGH TIME.
SO THESE ARE THE FIVE REPORTS THAT I'M GONNA WALK THROUGH.
WE'RE GONNA DO FOR EVERY MONITORED OPERATING DAY ON EVERY MONDAY CALL AT 10 30 AT 10:00 AM ON MONDAYS AND CAN TRY TO ANSWER ANY HIGH LEVEL QUESTIONS.
GRAPH NUMBER TWO, THIS IS COMPARING THE ANCILLARY SERVICES.
SO THAT PRE RTC DAM PRICES, THOSE ARE THE CURRENT PRICES FOR LAST WEEK.
AND THEN ABOVE IS THE RTC PRICES.
SO BUCK 40 IS SO WHAT YOU'RE SEEING ON THE DAY AHEAD MARKET PRICES, THE REAL TIME AS PRICES WERE IN THE, YOU KNOW, ZERO TO $4 RANGE IS WHAT WAS COMING OUT OF THE SYSTEM.
NEXT ONE, WE'LL ALSO BE PUBLISHING THE AWARDS BY RESOURCE TYPE.
UH, SO WHAT YOU'LL SEE IS ON THE LEFT SIDE IS REG UP, REG DOWN RRS AS THEY WERE PROCURED IN THE DAY AHEAD MARKET.
ON THE RIGHT YOU'LL SEE HOW THE REAL TIME MARKET PROCURING THOSE ACROSS WHICH TECHNOLOGIES.
SO FOR EXAMPLE, YOU'LL SEE ON THE LEFT SIDE, AT THE BOTTOM LEFT THAT A LOT OF RESPONSIVE RESERVE IS CARRIED ON LOAD RESOURCES ON NON-CONTROLLABLE LOAD RESOURCES.
BUT DUE TO THE WAY THEY'RE OFFERING IN OR SELF, UH, PROVIDING ON RTC, THEY'RE NOT THERE YET.
SO BE WORKING ON SELF-PROVISION, UH, LOGIC WITH THEM.
THIS WILL THEN ALSO SHOW THE ECRS AND NONS SPIN.
SO AGAIN, THOSE ARE THE FIVE SLIDES THAT WILL SHOW.
SO I'LL JUST KIND OF, IF YOU FLIP TO THE NEXT OD, WHICH WILL BE THURSDAY, WE'LL JUST SPEND TWO SECONDS ON EACH ONE AND THEN WE'LL FINISH OUT.
WE ALSO HAVE THE SVP, UH, THE SETTLEMENT POINT PRICES FOR ENERGY WOULD BE A HUB IN COMPETITIVE LOAD ZONE.
SO YOU CAN START TO SEE SOME OF THE CONGESTION, YOU KNOW, WHAT WAS THIS PRICE SEPARATION BETWEEN UH, SOUTH THE WEST HOUSTON NORTH END PANHANDLE.
OKAY, SO NOW, SORRY, THOSE ARE THE FIVE SLIDES.
SO SLIDE ONE WAS AGAIN THAT SYSTEM LAMBDA GRAPH.
SLIDE TWO IS THE AS PRICES GRAPH SLIDE THREE OR THE AS AWARDS BY RESOURCE TYPE, THOSE MEGAWATT QUANTITIES.
AND THEN THE NEXT ONE AFTER THAT IS FOR THE OTHER TWO REMAINING AS SERVICES.
AND THEN THE FINAL WAS THE SETTLEMENT POINTS BY THE HUBS AND LOAD SUMS. SO THAT'S KIND OF IT ON WHAT WILL BE, THAT'LL BE THE FEEDBACK LOOP EVERY MONDAY.
AND THEN HERE'S THE OPEN ISSUES LIST THAT WE SHARED WITH THE TASK FORCE THAT I WON'T READ RIGHT NOW.
WE CAN COME BACK IF WE NEED TO.
THE ONE THING IS I WILL TEASE OUT THE ENHANCEMENT SECOND FROM THE BOTTOM.
UH, WE ARE USING PRODUCTION CERTIFICATES IN MARKET TRIALS.
SO IT WAS ASKED AND ERCOT DELIVERED A BANNER CHANGE TO WHERE WHEN YOU'RE LOGGED INTO THE PORTAL IT SAYS MARKET TRIALS.
SO THAT WAY YOU KNOW YOU'RE NOT IN PRODUCTION.
SO THAT WAS A, UH, GOOD SUGGESTED FEEDBACK FROM THE MARKET TO SAY, PLEASE DON'T LET US ACCIDENTALLY ENTER INTO PRODUCTION BECAUSE WE DON'T KNOW WHAT ENVIRONMENT WE'RE IN.
AND WRAPPING UP HERE, SO IN TERMS OF WHAT THE TASK FORCE IS TALKING ABOUT NEXT SLIDE, THE ISSUES AND TOPICS.
UH, NPR 1290, NO, 2 78 WE TALKED ABOUT ESR GROUP SETTINGS AND THE RFI FOLLOW UP, WE HAD A DETAILED DISCUSSION ON AS DEPLOYMENT FACTORS.
THAT IS THE ONE THAT PEOPLE WILL START TO BE INTERESTED IN.
THAT IS THE IDEA THAT WHEN ERCOT RUX AND THERE'S THE LIKELIHOOD OF ANCILLARY SERVICES BEING DEPLOYED AND THERE'S A STATE OF CHARGE BEHIND IT, WHETHER OR NOT THERE'S ANY DISCOUNT FACTORS WE PUT BEHIND IT.
SO THE NEXT MEETING, WE'LL TALK MORE ABOUT THAT.
THERE'S ALSO SOME QUESTIONS ABOUT FAST FREQUENCY RESPONSE AND HOW THAT IS DISPATCHED IN COMPLIANCE AND THAT'S CLOSED UP.
UH, MARKET READINESS, WE DID PROVIDE THE, UH, MAGGIE, WE, MAGGIE SHANKS PROVIDE THE SETTLEMENTS, UH, REAL-TIME STATEMENT, UH, AND EXTRACTS AND SETTLEMENT MATRIX THAT THE MARKET'S BEEN WAITING ON.
AND THEN AN INITIAL DRAFT OF THE, UH, TRANSITION SLASH CUTOVER HANDBOOK.
WHAT'LL HAPPEN ON DECEMBER 1ST, SECOND, THIRD, FOURTH AND FIFTH TO GET LIVE.
AND THEN THE CLOSEUP LFC WORKSHOP, I HAD THAT, THAT IS THE HIGHEST ATTENDED WORKSHOP WE HAVE HAD.
I THINK OF THIS WHOLE PROCESS, WE HAD 220, UH, ENTITIES OR PEOPLE LOGGED INTO THE WEBEX FOR A DEEP DIVE INTO HOW THE CLOSED LOOP LFC TEST WILL OCCUR ON SEPTEMBER 11TH, THURSDAY.
UM, AND SO THAT'S JUST A FEW WEEKS AWAY.
AT THE END OF IT, I ASKED IF WE WANTED TO HAVE ANOTHER MEETING AS IT GETS CLOSER, AND THAT WAS A STRONG YES.
SO WE'LL BE HAVING PROBABLY THE THIRD WEEK OF AUGUST, ANOTHER CLOSED LOOP LFC WORKSHOP.
SETH, I SEE YOU, YOU KNOW, LET'S GO TO THE LAST SLIDE AND BECAUSE THAT'S THE
[01:05:01]
QUESTIONS, AND SETH, YOU COULD BE THE FIRST TO ASK.UM, SO I WAS JUST LOOKING AT SOME OF THE RESULTS AND SOME OF IT WAS A LITTLE, UH, NOT INTUITIVE TO ME.
UM, SO I'M WONDERING WOULD, WOULD, HOW AM I TO THINK OF THIS? SO ARE ALL OF THE RESOURCES BEING REFLECTED IN THE TESTING? ARE THERE SOME THAT ARE, SOME SUPPLY THAT'S JUST NOT BEING SHOWN UP TO THEIR FULL CAPABILITY, AND THEN LIKEWISE, ON THE LOAD SIZE, ALL OF THE LOAD BEING REFLECTED TO PROVIDE ANY EXACTLY.
SO THE, THE QUICK ANSWERS, THAT'S WHY THE SCORECARDS ARE READ.
EVERYTHING IS NOT THERE RIGHT NOW.
SO THERE ARE PROXY OFFERS BEING CREATED.
AND SO THESE PRICES ARE NOT REASONABLE.
AND IF WE HAD AN EVENT, OR IF WE HAD A, A SCARCE DAY, I WAS TALKING TO DAVE ABOUT THIS, WE WOULD NOT USE THE MARKET TRIALS ENVIRONMENT AS THE, WHAT WOULD RTC HAVE DONE? WE WOULD RUN OUR RTC SIMULATOR WITH QUALITY DATA.
SO THIS IS A, YOU KNOW, WE'RE CALLING THIS A PARALLEL PRODUCTION TEST, BUT IT IS NOT A, IT IS A EVOLUTION OF QUALITY OVER THE NEXT SIX WEEKS.
AND RIGHT NOW IT IS NOWHERE NEAR TO BEING PRODUCTION QUALITY.
WHEN DOES CLOSE LOOP TESTING START AGAIN? SEPTEMBER 11TH WILL BE THE FIRST ONE FROM 10, BETWEEN 10:00 AM AND 1:00 PM AND THAT WILL HAVE PRICES THAT ARE NOT REASONABLE EITHER.
SO AGAIN, THE SIMULATIONS ARE GONNA BE THE STUDIES THAT TALK ABOUT WHAT'S THE PRICE SENSITIVITY LOOK LIKE WHEN THERE'S A FULL SET OF OFFERS IN.
THANK YOU FOR THE CLARIFICATION.
AND SO AGAIN, WHEN WE'RE HERE IN AUGUST, UH, WE'LL HAVE NPR 1290 AND 2 78 IN FRONT OF YOU.
THE
UM, AND AGAIN, WE DO HAVE THIS RTC B@ERCOT.COM.
THAT'S A MONITORED COMMON MAILBOX FOR, UH, A GROUP OF US AT ERCOT TO BE ABLE TO TURN AROUND MOST ANSWERS WITHIN A BUSINESS DAY IF THEY'RE NOT IN 13 PARTS.
UH, I REALIZE IT'S BEEN A TWO MONTHS FOR TAC AND THE RTC PROGRAM.
IT'S A LOT TO CATCH UP ON, BUT THANK YOU FOR THE TIME.
IT'LL TAKE ANY FINAL QUESTIONS.
[8. RMS Report (Vote)]
UM, WE ARE NOW AT THE RMS REPORT.THIS IS GOING TO BE QUICK AT OUR LAST RMS MEETING.
WE DID APPROVE R-M-G-R-R 180 3.
I'VE GOT THE EXACT MOTION LISTED UPON THE FIRST OF THE SLIDE.
THIS IS GONNA GIVE US SOME REALLY GOOD BENEFITS.
WE ARE LOOKING AT THE PRIMARY METHOD OF SUBMISSION OF SAFETY NET AND EMERGENCY RECONNECT FILES TO TDSP.
AND THE REASON THAT IS MENTIONED IS BECAUSE THERE WERE MULTIPLE METHODS AND THE, UM, R-M-G-R-R IN THE RETAIL MARKET GUIDE UNDER THIS SECTION.
AND WHAT WE WANNA DO IS GET THIS R-M-G-R-R PASSED SO THAT WE CAN START USING THESE, UM, THE PRIMARY METHODS.
WE'VE ALSO STARTED USING THE COUNTY CODE FOR WEATHER MORATORIUM.
AND AS UH, PREVIOUSLY MENTIONED, THIS CHANGE WAS INCLUDED IN TEXAS AT 5.0, WHICH WAS A HUGE PROJECT THAT WENT IN, UH, FOURTH QUARTER LAST YEAR.
ALSO, THE NATIONAL WEATHER SERVICES, IDSS FORECAST POINTS, THAT'S INCLUDED IN THIS R-M-G-R-R.
IT IS THE RESPONSIBILITY OF REPS IN T DSPS TO MONITOR FOR WEATHER RELATED EVENTS.
AND, UM, THOSE COME THROUGH THE WEATHER MORATORIUM LISTSERV, UH, AT ERCOT.
SO, ANY QUESTIONS? OKAY, THANK YOU.
QUICK UPDATE OF WHAT'S GOING ON WITH THE WORKING GROUPS AND THE TASK FORCE AS, UM, YOU REMEMBER LAST YEAR, END OF LAST YEAR, WE SUNSETTED THE MASS COORDINATION TEAM FOR TEXAS AT 5.0 AND WE ALSO, UM, SUNSET AND, EXCUSE ME, I'M SO SORRY.
I DUNNO WHY I HAVE THIS ISSUE.
IT SEEMS LIKE EACH TIME I'M PRESENTED PRESENTING TO TECH, UH, OKAY, MOVING FORWARD, WE'VE GOT A PROFILING WORKING GROUP.
THEY'RE CONTINUING, UM, WORKING UP THE FINAL ITEMS FOR 2025 ANNUAL VALIDATION.
UH, THERE'S SOME STRAGGLERS I GUESS, AND THOSE ARE BEING WORKED ON.
THE FILES WERE POSTED, UM, THIS WEEK AND THERE WAS A MARKET NOTICE SENT.
THEY ARE LOOKING AT, UM, THE ASSIGNMENT OF LOAD PROFILE SEGMENTS AND LOAD PROFILE SEGMENTS ARE LOOKED AT AND USED BY REPS, UM, WHEN THEY AGGREGATE, UH,
[01:10:01]
EASY ID.SO THAT REALLY NEEDS TO BE ACCURATE.
THE, UM, IN-DEPTH REVIEW OF THE LOAD PROFILING GUIDE, APPENDIX D, THE PROFILE DECISION TREE, WE WANT TO MAKE SURE THAT WE ARE CORRECTLY ASSIGNING LOAD PROFILES AND THAT IS SOMETHING WE SHOULD ALWAYS TAKE A LOOK AT.
IT'S JUST THAT THEY'RE DOING AN IN-DEPTH REVIEW THIS YEAR.
THE RETAIL MARKET TRAINING TASK FORCE, WE HAD A TON OF TRAINING COME UP.
IT'S BEEN EXTREMELY WELL ATTENDED.
LOTS OF QUESTIONS, LOTS OF PARTICIPATION IN THE BREAKOUT SESSIONS AND IT'S JUST, UH, IT'S JUST OVERWHELMING HOW WELL THAT HAS GONE.
WE HAVE OTHER SESSIONS COMING UP THIS YEAR, BUT UM, TO DATE THOSE HAVE BEEN REALLY, REALLY WELL ATTENDED, ESPECIALLY THE TEXAS AT 5.0 AND THE MARKET TRACK.
BOTH OF THOSE CHANGED WITH THE, UH, SCR EIGHT 17 AND THE TEXAS AT 5.0 T-D-T-M-S.
WE ARE LOOKING AT THE MARKET TRACK SUBTYPE ANALYSIS, THE MARKET TRACK SUBTYPES.
EACH ONE OF THEM IS A DIFFERENT TYPE OF ISSUE THAT WAS NOT ABLE TO BE CORRECTED WITH A TEXAS SET TRANSACTION.
SO ALL THE FALLOUT GOES TO THIS GROUP AND THEY TAKE A LOOK AT 'EM AND SEE WHAT COULD BE DONE, WHAT CAN WE HELP WITH.
AND WE DO HAVE REP ACTIVITY PER REP, BUT THE NAME, THERE'S NO NAMES THERE, IT'S JUST NUMBERS.
SO ERCOT, UM, MARKET CLIENT, EXCUSE ME, CLIENT SERVICES HAS REACHED OUT TO SOME OF THOSE JUST TO MAKE THEM AWARE OF WHAT'S GOING ON WITH THEIR, UM, MARKET TRACK SUBTYPES AND THAT THEY MIGHT BE REALLY HIGH IN ONE CATEGORY AND THEY NEED TO TAKE A LOOK AT INTERNAL PROCESSES AND THE MARKET TRACK AVAILABILITY.
THEY'RE WORKING WITH ERCOT ON THIS.
HOW MANY TIMES IS IT DOWN? IS IT SUCCESSFUL AS FAR AS THE APIS ALSO, ARE THERE SUFFICIENT LICENSES FOR EVERYONE TO BE ABLE TO GET ON WHEN THEY NEED IT? UM, WE ARE LOOKING AT DOCUMENTING THE DETAIL ON THE RETAIL MARKET PROJECTS.
THOSE ARE BROUGHT TO RMS EACH MONTH BY DAVE MICHELSON.
AND HE DOES A REALLY GOOD JOB ON DOCUMENTING THE DETAIL AND PROVIDING THAT.
HOWEVER, HE DOES ATTEND T-D-T-M-S, WHICH IS WHERE THE MAJORITY OF THE LOWER LEVEL, I GUESS, DISCUSSION POINTS AND IMPACTS ARE IDENTIFIED.
THEY'RE STILL WORKING ON THE TEXAS MARKET TEST PLAN AND THOSE ARE SOME REAL BENEFITS TO REPS AND ERCOT AND TDSP.
UM, SOME OF THE THINGS THEY'RE LOOKING AT IS ENHANCING THE TIMING AND JUST REALLY RESTRUCTURING SOME OF THE PROCESSES SUCH THAT IT'S A LOT CLEARER WHAT'S EXPECTED IT.
NEXT SLIDE FOR THE, UH, I DON'T THINK THE TOP OF THAT IS VISIBLE, BUT THE BIENNIAL TECH, UM, SUBCOMMITTEE, STRUCTURAL AND PROCEDURE REVIEW, UH, RMS, THE WORKING GROUPS AND THE TASK FORCES ALL REVIEWED.
THEY ANSWERED THE SELF-ASSESSMENT AND THEY FOUND REASONS TO CONTINUE WORK AS IS AS THREE WORKING GROUPS IN ONE TASK FORCE.
ALL RIGHT, THEN JOHN AND I TOOK A LOOK AT IT AND WE LOOKED AT THE DATA AND THE LENGTH OF TIME OF THE MEETINGS AND THE MEETING AGENDAS, AND WE THINK IT'S POSSIBLE TO MERGE TWO OF THE WORKING GROUPS.
ALL RIGHT, SO DISCUSSIONS ARE CONTINUING.
SO AT THIS TIME, WE'RE REALLY NOT READY TO STATE WHAT THAT WOULD BE.
WE DO WANT TO PROVIDE THE RECOMMENDATION AT THE MEETING SCHEDULED ON AUGUST 12TH.
UM, MARTHA AND KAITLYN, WE WILL MAKE YOU AWARE OF THAT PRIOR TO THAT MEETING.
WE DO NOT THINK THAT THE MERGING OF THE TWO GROUPS IMPACT THE WORK AND IT WON'T IMPACT THE DELIVERABLES BY THE TWO GROUPS.
SOME OF THAT IS ALREADY BEING DONE BY ERCOT AND UM, IT'S MANAGED BY THE TWO GROUPS AND IT'S ANALYZED.
SO WE DO NOT THINK THAT THERE'S ANYTHING NEGATIVE THAT'S GONNA HAPPEN FROM THAT.
THE BENEFIT IS THAT IT'S GONNA MINIMIZE HOURS FOR SOME ERCOT MARKET RULES OR TECHNICAL FOLKS.
WHAT WHATEVER SUPPORTS BOTH WORKING GROUPS, THOSE PEOPLE WILL NOT HAVE TO ATTEND BOTH.
THE SMART METER TEXAS IS, IT'S UNDERGOING SOME SYSTEM CHANGES THAT ARE NECESSARY FOR, UM, SECURITY.
AND IT IS PRETTY BIG DEAL TO GO FROM FTP TO SECURE FTP.
THE UH, AND REASON THIS IS IMPORTANT IS BECAUSE THE APIS ARE INCLUDED IN THE PROJECT.
SO THE REPS AND UH, VENDORS FOR THE REPS, ANY MARKET PARTICIPANT RELYING ON DATA THROUGH THE APIS ARE GONNA BE IMPACTED.
THEY WILL BE REQUIRED TO MAKE A CHANGE.
THIS MORNING WE HAD A MEETING, UM, SMART METER, TEXAS, THE MANAGER,
[01:15:01]
AND ONE OF THE TDS PS THEY'VE BEEN VERY GOOD AT PROVIDING MARKET NOTICES, LETTING PEOPLE KNOW WHEN THE DOCUMENTATION'S PROVIDED AND AVAILABLE ON THE SITE.UM, THOSE KIND OF ITEMS ARE REALLY KEY, ESPECIALLY TO THE TECHNICAL FOLKS.
THE IMPLEMENTATION DATE IS AUGUST 23RD.
THERE IS A DECOMMISSIONING DATE, WHICH IS GOING TO BE SECOND.
I BELIEVE IT'S SECOND WEEK IN SEPTEMBER.
ALL THE DOCUMENTATION IS AVAILABLE ON THE SMART METER TEXAS HOMEPAGE.
AND, UH, THOSE ARE PRETTY EASY TO FIND.
IT'S, UH, UNDER, I BELIEVE, KEY DOCUMENTS.
OUR NEXT MEETING IS TUESDAY, AUGUST 5TH AT NINE 30.
IT IS IN PERSON AS WELL AS WEBEX.
AND WE WOULD LIKE TO SEE SOME OF YOU THERE.
ANY QUESTIONS? ALL RIGHT, THANK YOU.
UM, I DO BELIEVE WE HAVE A VOTING ITEM, UM, R-M-G-R-R 180 3.
THE IMPACT ANALYSIS WAS FILED JULY 3RD.
I DON'T KNOW IF WE NEED TO LOOK AT THAT SINCE THAT'S AFTER THE R OF US WE HAD.
UM, BUT WE'D BE LOOKING TO RECOMMEND APPROVAL OF R-M-G-R-R 180 3.
IT'S RECOMMENDED BY RMS IN THE SIX 12 RMS REPORT AND THE JULY 3RD IMPACT ANALYSIS.
CAN WE PULL UP THAT IMPACT ANALYSIS? CAN WE PUT THIS ON THE COMBO BALLOT? COMBO BALLOT? ANY THOUGHTS HERE? I SEE AA ON THE SCREEN.
ALRIGHT, I WOULD PROPOSE WE PUT THIS ON THE COMBO UNLESS THERE'S, UH, ANY OTHER THOUGHTS? OKAY.
[9. ROS Report (Vote)]
WE ARE ON TO THE ROUGH REPORT WITH KATIE.SO WE HAVE ONE VOTING ITEM FOR YOU TODAY, PIGGER ONE 20 SSO PREVENTION FOR GENERATOR IN A CONNECTION.
I DO UNDERSTAND THAT ERCOT FILED SOME COMMENTS ON JULY 13TH, WHICH WAS AFTER THE ROSS VOTE TO CLARIFY THAT REFERENCES TO A GENERATOR'S SGIA SHOULD BE UNDERSTOOD TO MEAN THE ORIGINAL VERSION OF THE EXECUTED SGIA.
SO I BELIEVE, UM, TAC WILL HAVE TO ADOPT THOSE COMMENTS.
AND, UM, WHATEVER YOU DECIDE TO DO, VOTE ON OR ADD IT TO THE COMBO BALLOT.
SO EVEN THOUGH WE JUST HAVE ONE VOTING ITEM FOR YOU TODAY, JUST WANTED YOU TO KNOW ROSS HAS HAD NO TIME TO CHILL AND NEITHER HAS OWG OR PLWG, WHICH IS GETTING A LOT OF THE REFERRALS, BUT I WILL TELL YOU THAT WEDO RE ENDORSED, UM, OR ITEMS. SO, UM, YOU KNOW, THE PROCEDURAL MANUALS WILL MOVE ON.
UM, THE PIGGER WILL STAY WITH US FOR IA AND THEN THE NPR ARE ONTO PRS.
AND THERE ARE A TON OF ITEMS THAT HAVE BEEN REFERRED.
YOU'LL SEE A COMMON THEME HERE WITH PLWG.
UM, I THINK THIS MEETING THAT YESTERDAY WENT, UH, MUCH MORE SMOOTHLY.
THE SPONSORS WERE THERE TO, UM, PRESENT AND RESPOND TO QUESTIONS AND COMMENTS, AND SO THEY WERE ABLE TO MOVE A COUPLE OF THESE ITEMS ON.
SO THAT'S REALLY ENCOURAGING TO SEE.
SO THANK YOU ALL FOR YOUR PARTICIPATION IN THAT MEETING.
THEY HAVE CANCELED THEIR FRIDAY MEETING THAT THEY SCHEDULED JUST IN CASE THEY WEREN'T ABLE TO MAKE IT THROUGH ALL OF THEIR AGENDA, BUT THEY WERE EFFICIENT.
SO NO NEED FOR THAT FRIDAY MEETING.
UM, JUST FLAGGING THESE TWO FOR YOU.
UM, NOER 2 72 AND P 1 21, BOTH RELATED TO ADVANCED GRID SUPPORT.
THESE ITEMS WERE SPONSORED BY ERCOT AND THEY WILL COMING, UM, TO ROSS OR A VOTE NEXT WEEK.
UM, WE DID TABLE THEM BUT TABLED WITH URGENCY, SO A VOTE WILL BE NEEDED.
SO THOSE WILL BE COMING TO TALK VERY SOON.
UM, SO WE'RE, WE'RE HOPEFUL THAT, UH, THERE'S SOME CONSENSUS BROUGHT ON THESE ITEMS, BUT IF NOT, I WOULD HOPE THAT FOLKS WOULD LET ME
[01:20:01]
KNOW IN ADVANCE IF THEY PLAN TO FILE COMMENTS, UH, FOR ROSS.ALL RIGHT, SO THEN, UM, ALL OF THOSE REFERRED ITEMS GOT ADDED TO OUR EXISTING LISTS OF REVISION REQUESTS UNDER REVIEW.
SO YOU CAN SEE WHERE EACH OF THOSE HAS BEEN REFERRED.
IN SOME CASES IT'S, UH, MULTIPLE WORKING GROUPS AND THEY'VE TRIED TO WORK TOGETHER ON THOSE.
ALL RIGHT, CALLING OUT PICKER 1 21 AND NUMBER 2 72.
AND THE NEXT SLIDE, I BELIEVE IS OUR, YEP.
OUR NEXT MEETING IS NEXT THURSDAY, AUGUST 7TH.
IT WILL BE IN PERSON OR WEBEX.
AND WITH THAT, I'M HAPPY TO ANSWER ANY QUESTIONS.
ANY QUESTIONS FOR KATIE? OKAY, SO WE DO HAVE THE, THE VOTING ITEM, ER ONE 20, AND THERE WERE THE, UH, JULY 13TH COMMENTS.
I CAN SEE THOSE ARE BEING PULLED UP, I BELIEVE.
DID ERCOT WANT TO GO THROUGH THESE? I THINK IT WAS JUST THE, THE REFERENCE TO THE, THE ORIGINAL FGIA.
YEAH, THE ERCOT LEGAL JUST SUBMITTED THAT CLARIFICATION JUST IN CASE THERE WERE MULTIPLE SGIS, SO THAT WAS IT.
THIS IS SOMETHING WE CAN PUT ON THE COMBO BALLOT.
UM, APPRECIATE THE, THE REPORT.
KATIE, AND I KNOW YOU GUYS HAVE BEEN BUSY.
I, ONE THING I NOTED IN THE BIENNIAL REVIEW IS JUST HOW MANY REVISION REQUESTS COME THROUGH RO AND THE WORKING GROUP.
SO, SO WE DO APPRECIATE ALL OF THAT WORK.
[10. WMS Report (Vote)]
WE ARE GOING TO WMS, UM, BLAKE COLT, ARE YOU READY? YES, MA'AM.THIS IS, UH, BLAKE HOL WITH YOUR, WITH YOUR WMS REPORT.
UH, WE'VE MET TWICE SINCE THE LAST TAX, SO CONDENSING OUR UPDATE HERE WITH, UH, USEFUL INFORMATION HOPEFULLY.
UH, IN TERMS OF THE MARKET ITEMS DISCUSSED, WE RECEIVED SOME INSIGHT FROM ENO GONZALEZ ON RMR LIFECYCLE UPLIFT COSTS THAT QSE STARTED RECEIVING ON THEIR STATEMENTS IN JUNE.
AND THEN WE RECEIVED SOME UPDATES IN OUR JULY MEETING THAT THE RELATED MISCELLANEOUS INVOICES WOULD WOULD END IN JULY AS THE SETTLEMENTS TRANSITION OVER INTO, UH, THE TRADITIONAL RMR RELATED CHARGE TYPES AND NORMAL REALTIME SETTLEMENT STATEMENTS.
I, I BELIEVE THIS HAS ALREADY HAPPENED AT THIS POINT.
UM, ADDITIONALLY, JEFF BILLOW CAME AND DISCUSSED THE OCN EVENT WHERE THERE WAS AROUND 10 MEGAWATTS OF LOAD SHED AND SEVEN MEGAWATTS OF BLOCK LOAD TRANSFERS DURING THE EVENING OF JUNE 8TH.
FROM A WMS STANDPOINT, THERE WAS A DESIRE TO EXPLORE THE NEED TO INCLUDE THESE ACTIONS IN THE RELIABILITY DEPLOYMENT PRICE ADDER, UH, I'LL NOTE THAT CURRENTLY LOAD SHE AND BLOCK LOAD TRANSFERS ARE ONLY ACCOUNTED FOR IN THE ADDER DURING EEA CONDITIONS.
SO WM WG WILL TAKE ON THAT DISCUSSION AT THEIR NEXT MEETING.
UH, WE'VE ALSO RECEIVED FOUR NEW REVISION REQUESTS REFERRED TO US, AND THREE OF WHICH WE'VE PASSED ON TO WMWG FOR ADDITIONAL DISCUSSION.
UH, IN TERMS OF THE ITEMS READY FOR TACK CONSIDERATION, I'D LIKE TO HIGHLIGHT, UH, THE THREE SMOGS THAT WE APPROVED, WHICH I WOULD CONSIDER AS ADMINISTRATIVE CHANGES.
THESE WERE ALL UNANIMOUSLY APPROVED, AND THEN ALSO WE APPROVED ONE VC MRR RELATED TO RTC PLUS B CONCERNING THE, THE CALCULATION OF MITIGATED OFFER CAPS FOR HYDRO RESOURCES.
UH, THIS CONCEPT WAS WELL VETTED AT THE RT PLUS RTC PLUS B TASK FORCE AND WAS ALSO UNANIMOUSLY SUPPORTED BY WMS AND IS ALSO READY FOR TECH.
AND THEN FINALLY, WE ENDORSED NPR 1279 AND NPR 1290 UNANIMOUSLY, BUT THEY STILL REQUIRE ONE MORE STOP AT PRS BEFORE, UH, COMING IN FRONT OF Y'ALL SO THAT THAT CLOSES OUT OUR REPORTABLE ACTIONS.
AND OUR NEXT MEETING IS AUGUST 6TH.
[01:25:01]
I BELIEVE I MAY BE LOOKING AT THE WRONG THING.I THINK WE HAVE THREE VOTING ITEMS. CAN WE GO BACK TO SECOND SLIDE? SHOULD BE FOUR.
SO WE'RE LOOKING TO RECOMMEND APPROVAL OF SMR 0 32 IS RECOMMENDED BY WMS IN THE JUNE 4TH WMS REPORT.
UM, RECOMMENDED APPROVAL OF SMR 0 33 IS RECOMMENDED BY WMS IN THE JUNE 4TH WMS REPORT.
RECOMMENDED APPROVAL OF M 0 34.
IT'S RECOMMENDED BY WMS IN THE JUNE 4TH WMS REPORT AND RECOMMENDED APPROVAL OF THE B-C-M-R-R-O 44 IS RECOMMENDED BY WMS IN THE JUNE, UM, FOURTH WMS REPORT.
AND I HAD THE DATE ON 34, WRONG IT WAS JULY REPORT.
EVERYBODY OKAY WITH ALL OF THOSE GOING ON THE COMBO BALLOT? ALL RIGHT.
ANY OTHER QUESTIONS OR COMMENTS FOR BLAKE? GOOD.
[11. Credit Finance Sub Group (CFSG) Report]
ARE TO THE CREDIT FINANCE SUBGROUP REPORT WITH LORETTO.ALRIGHT, IF YOU'LL GO TO THE NEXT SLIDE, PLEASE.
WE HAVE MET TWICE SINCE THE LAST TAC MEETING, JUNE 18TH AND JUNE 23RD.
OF COURSE, WE REVIEWED NPRS AND VOTED ON THEM.
UM, FOR THOSE OF YOU THAT WANT A REVIEW OF HOW CRR COLLATERALIZATION WORKS, PLEASE LOOK AT OUR JULY 23RD MEETING.
ERCOT DID A VERY WONDERFUL JOB OF, OF, UM, PUTTING TOGETHER A PRESENTATION THAT EXPLAINS HOW ALL OF THE CREDIT WORKS FOR THE CRR SYSTEM.
UM, OF COURSE WE WERE STILL FOLLOWING UP ON THE STRESS TESTING FRAMEWORK WITH ERCOT AS IN ERCOT DOING THIS, THIS PROJECT.
AND THEN WE DID REGULAR CREDIT EXPOSURES.
AND NEXT MONTH I'LL HAVE YOU GUYS VOTING, YOU KNOW, SHE USES LAST NAME.
THEY JUST HAD HER AS LAURA HARMS AND RYAN HARMS. SO, BUT SHE'S LIKE, UM, IT'S NEXT MONTH.
LIKE CONNIE, BRIT, LIKE GREAT BRITAIN, BUT WITH TWO TS.
UM, NEXT MONTH I'LL HAVE YOU GUYS VOTING ON A NEW A APPLICANT FOR, AS A BACKUP FOR AUSTIN ENERGY.
THE, UM, GENTLEMAN'S NAME IS BRIAN PRENDERGRAST.
SO THESE ARE THE NPRS WE REVIEWED.
UM, NPR 1290 DID HAVE A CHANGE TO A CREDIT TERM, BUT IT DID NOT CHANGE THE CREDIT CALCULATIONS AT ALL.
SO ERCOT IS LOOKING AT THE STRESS TESTING AND BASICALLY BECAUSE OF URI, THEY'RE LOOKING TO SEE, OKAY, WHAT HAPPENS WHEN THERE'S AN EVENT? SO THEY'RE, THEY'RE DETERMINING THAT THE EXPOSURE TO FOR REAL-TIME LOAD AND LOAD, UH, ENGINE MARKET PARTICIPANTS, 'CAUSE THOSE ARE THE TWO THAT REALLY SHOULD HAVE THE PROBLEMS IF THERE IS ANOTHER YURI EVENT.
SO THEY'RE DEFINING EXPOSURE AS VOLUME, PRICE, AND THE DURATION OF TIME, IT'S GONNA BE A FUNCTION OF THOSE THREE ITEMS. UM, SO LOAD VOLUME IS EXPOSED TO REAL TIME VIA SELF GENERATION, OR IT'S HEDGED WITH SELF GENERATION QUEASY TO QUEASY PURCHASES OR NET PURCHASES IN THE DAM.
SO THE ASSUMPTIONS THAT ERCOT WANTS TO USE IS LOAD IS ASSUMING THAT A HUNDRED PERCENT OF LOAD WILL BE EXPOSED TO REAL TIME.
AND THIS IS BASED ON WINTER STORM URI AND OTHER HISTORICAL DEFAULTS THAT THEY'VE SEEN FOR GEN AND LOAD ENTITIES.
THEY WANT TO ASSUME THAT 20 TO 30% OF THE LOAD WILL BE EXPOSED TO REAL TIME AND THEY'RE GONNA BE USING THE PRICES AND THE DURATION BASED ON EPP SCENARIOS.
AND BEFORE I GET ONTO THE DETAILS ON THIS SLIDE, IN OUR LAST MEETING ON JULY 23RD, ERCOT HAD SOME REALLY NICE CHARTS THAT I DIDN'T INCLUDE IN THIS PRESENTATION THAT SHOWED WHAT HAPPENED FOR SEVERAL DIFFERENT MARKET PARTICIPANTS WHEN DEFAULTS HAPPENED, SHOWED HOW THEY WERE HEDGING
[01:30:01]
BEFORE YURI HAPPENED, AND THEN ONCE THE EVENT HIT AND ISSUES HAPPENED, IT SHOWED HOW THEY WERE FULLY EXPOSED TO REAL TIME, WHICH IS WHY THEY'RE SAYING WHAT THEY WERE ON LOAD BEING AT A HUNDRED PERCENT OR GEN AND LOAD ENTITIES BEING AT 20 TO 30%, UM, EXPOSED TO REALTIME MARKET.THE OTHER ISSUE THAT'S GOING TO BE A FACTOR IN THIS IS THE FINANCIAL STRENGTH.
SO THE ASSUMPTION THAT THEY'RE THINKING OF MAKING FOR CASH AND ACCESS TO LIQUIDITY IS THAT 80% IS AVAILABLE.
THE OTHER THINGS THAT THEY'LL CONSIDER IS THE CAPITAL TANGIBLE NET WORTH FOR THE ENTITY, ANY OTHER PER, UH, PARAMETERS THAT THEY THINK ARE RELEVANT QUALITATIVE FACTORS OR ACCESS TO CAPITAL MARKETS, ROBUSTNESS OF THE RISK MANAGEMENT POLICIES, AND THE QUANTITY OR SOPHISTICATION OF REACH, THE RISK MANAGEMENT FRAMEWORK OF THAT ENTITY.
CAITLYN, DO WE WANT TO GO TO QUESTIONS? IT'S UP TO YOU.
DO YOU WANNA TAKE THEM NOW OR DO YOU WANNA WAIT TILL THE END OF YOUR PRESENTATION? UH, LET'S GO AHEAD AND TAKE SETH'S QUESTION NOW.
THANK YOU, SETH, WITH VIAL, UH, HOW ARE YOU TREATING OR HOW IS ERCOT TREATING LOAD SHED? DO YOU KNOW? SO ARE THEY ASSUMING THAT ALL LOADS STAYS ON OR ARE THEY ASSUMING THAT DURING THESE EVENTS THERE COULD BE A LOAD SHED SITUATION? LIKE HOW AM I TO THINK OF THAT? THAT'S A, THAT'S A GOOD QUESTION.
UM, WE, WE WOULD HAVE TO TAKE THAT TO ERCOT BECAUSE THIS IS ERCOT PROJECT THAT THEY ARE DOING ON THE MARKET.
SO THIS IS NOT YOUR SPEAKING CREDIT MANAGER HERE.
SO, UH, I WILL, I WILL, UH, JUMP IN HERE.
SO, UM, WE HAVE, UH, HAD SOME NUMBER OF DISCUSSIONS ON THIS TOPIC, BUT FOR THE SAKE OF, UM, I GUESS, UH, APPLYING OR COMING UP WITH A FRAMEWORK THAT COULD BE APPLIED UNIFORMLY THROUGHOUT THE MARKET, WE'RE, WE ARE INCLINED TO ASSUME THERE WILL BE NO LOAD SHE EVENT.
UM, AND JUST, UH, BASED, YOU USE THE HISTORICAL VOLUMES THAT, UM, LOAD DATA, EACH, UH, LOAD ENTITY HAS APPLY THAT AGAINST THE, UM, UM, YOU KNOW, THE, THOSE ASSUMPTIONS AS FAR AS PRICING DURATION AND, UH, THOSE, UH, PERCENTAGES AS FAR AS THE EXPOSURE TO, UM, REALTIME PRICES AND, AND SOLAR SERVICES.
AND WHEN YOU RECREATE THOSE LOAD EXPOSURES FOR A PERIOD LIKE WINTER STORM URI, ARE YOU ADDING BACK IN ADDITIONAL LOAD AS IF THE LOAD WAS NOT SHED? RIGHT.
SO WE JUST, AGAIN, AT THIS POINT WE'RE NOT, WE HAVEN'T REALLY, YOU KNOW, ACTUALLY RUN THE NUMBERS YET.
WE ARE JUST DISCUSSING THE FRAMEWORK ITSELF AND SOLICITING FEEDBACK.
NOW, IF, UM, IF TECH BELIEVES OR, OR, OR VARIOUS STAKEHOLDERS OR OR MARKET PARTICIPANTS WOULD LIKE US TO CHANGE THOSE ASSUMPTIONS, THAT'S FINE.
WE CAN, UH, WE, WE, WE'LL BE OPEN TO LISTENING, BUT AT THIS POINT WE ARE NOT REALLY ACCOUNTING FOR ANY KIND OF
I'LL, I'LL THINK ABOUT SOME MORE.
SO, ON THE REGULAR CREDIT UPDATES, SINCE WE'VE BEEN THROUGH TWO MEETINGS SINCE LAST T UM, THE MARKET WIDE TPE DECREASED FROM 1.78 BILLION IN APRIL TO 1.75 IN MAY.
IN JUNE, EXCUSE ME, IT WENT FROM 1.78 TO 1.74 AND THEN INCREASED A LITTLE BIT IN JUNE TO 1.75.
UM, NO SIGNIFICANT MI UH, MOVEMENT IN PRICES OR FORWARD ADJUSTMENT FACTORS WAS OBSERVED IN MAY IN JUNE, THE INCREASE WAS DUE TO HIGHER FORWARD ADJUSTMENT FACTORS, AND THEN AVERAGE DISCRETIONARY COLLATERAL INCREASED FROM 3.73 BILLION IN APRIL TO 3.92 BILLION IN JUNE.
AND THERE HAS BEEN NO UNUSUAL COLLATERAL CALL ACTIVITY.
AND THIS IS OUR STANDARD VIEW WHERE THIS IS THE AMOUNTS AT THE END OF THE MONTH EXCEPT FOR MAX TPE, WHICH OCCURS WHENEVER IT OCCURS DURING THAT MONTH.
THIS WAS THE DISCRETIONARY COLLATERAL OF WHAT WAS USED VERSUS AVAILABLE DURING THE MAY AND JUNE TIME PERIOD.
[01:35:02]
AND THEN THIS IS THE, THE STANDARD, UH, LETTER CREDIT AVAILABILITY OR THE ISSUER CREDIT LIMITS.ANY QUESTIONS? ALRIGHT, I DON'T SEE ANY.
[12. Large Load Working Group (LLWG) Report]
OKAY.WE ARE ONTO THE LARGE LOAD WORKING GROUP REPORT OF WHITMEYER.
WE HAD A, WE HAD A WORKSHOP IN JUNE, UM, ABOUT LARGE ELECTRONIC LOADS, UH, AND ISSUES THAT ERCOT IS SEEING WITH THEM RIDING THROUGH, UH, LOW VOLTAGE EVENTS.
UM, BASICALLY JUNE WAS SETTING UP THE LOW VOLTAGE EVENT ISSUE.
JULY WE HAD SOME VENDORS IN TO TALK ABOUT, UM, THINGS THAT THEY COULD DO.
UM, ONE OF THE INTERESTING THINGS IS UPSS WERE DESIGNED TO PROTECT THE LOAD.
HISTORICALLY, WHAT WE NEED NOW IS FOR THOSE UPSS TO PROTECT THE GRID FROM THE LOSS OF LOAD AS OPPOSED TO PROTECTING THE LOAD FROM THE LOSS OF THE GRID.
UM, WE BELIEVE THAT DATA CENTERS AND HYPERSCALERS WHO HAVE UPSS, THAT THOSE SYSTEMS COULD BE TUNED TO RIDE THROUGH THESE EVENTS.
ALTHOUGH THAT HAS YET TO BE PROVEN, UH, CRYPTO DATA CENTERS TYPICALLY DO NOT HAVE UPSS.
SO THERE MAY BE A BIGGER CHALLENGE THERE.
UM, SO ERCOT IS NOT UNIQUE AND HAVING THESE VOLTAGE RIDE THROUGH THIS IS A RELATIVELY NEW PROBLEM.
UM, YOU KNOW, FIVE YEARS AGO THE IDEA OF, YOU KNOW, GIGAWATT SIZE LOADS COMING ONLINE, UM, THAT WERE ALL ELECTRONIC DIDN'T REALLY EXIST.
UM, BUT IT CLEARLY DOES NOW, AND WE ARE SEEING ISSUES WITH THAT, THAT THAT NEED TO BE RESOLVED.
UH, PATRICK AND I DID HAVE A CALL WITH A BITCOIN MANUFACTURER EARLIER IN, EARLIER IN THE MONTH.
UM, AND THEIR COMMENT WAS PRETTY TELLING, WE ASKED THEM ABOUT VOLTAGE RIDE THROUGH, WE SHOWED THEM THE CURVE, I'M GONNA SHOW YOU ON THE NEXT PAGE.
AND THEIR RESPONSE BACK TO US WAS, WELL, NOBODY'S EVER ASKED US FOR THIS BEFORE.
SO NATURALLY, OUR, OUR SYSTEMS DON'T, DON'T NEED, DON'T MEET ANY KIND OF CRITERIA 'CAUSE THERE WERE NONE AND NOBODY'S EVER ASKED.
UM, I WILL TELL YOU THAT FUTURE LARGE ELECTRONIC LOADS AT A MINIMUM, AND WE'LL SEE HOW FAR THAT EXPANDS, BUT THEY'RE GOING TO NEED VOLTAGE RIDE THROUGH.
THEY'RE GONNA HAVE TO MEET SOME KIND OF VOLTAGE RIDE THROUGH REQUIREMENTS.
WE'RE GONNA FUSS ABOUT THAT FOR A WHILE, BUT IN THE END, THAT'S REALLY WHAT'S GONNA HAPPEN.
SO FOR ALL THOSE WHO'VE NOT BEEN PAYING ATTENTION, HERE IS THE, UM, ERCOT INITIAL PROPOSED.
DO YOU SEE THE WORD DRAFT UPFRONT? IT'S STILL KIND OF UNDER DEBATE, UM, BUT THIS IS WHAT ERCOT IS LOOKING FOR.
UM, WE'LL, WE'LL KIND OF SEE HOW THIS PLAYS OUT OVER TIME.
UH, I WILL NOTE THAT I WAS RECENTLY EDUCATED ON THE IIC CURVE THAT ERCOT HAS BEEN USING.
THAT CURVE WAS SPECIFICALLY DESIGNED FOR 110 VOLT EQUIPMENT, AND MOST DATA CENTERS ARE RUNNING AT A HIGHER VOLTAGE THAN THAT EITHER, UH, IN THE LOWER 200 VOLTS.
UM, SOME OF THEM ARE AT 215 VOLTS, I DON'T QUITE UNDERSTAND THAT.
BUT ANYWAY, UH, AND OTHERS ARE AT FOUR 80 VOLTS.
UM, SO THE I TICK CURVE THAT ERCOT WAS BASING THEIR ASSUMPTIONS ON REALLY DOES NOT APPLY TO THE EQUIPMENT WE HAVE OUT THERE.
AND IT'S NOT SURPRISING THAT THE UNITS ARE NOT MEETING THE IT CURVE EITHER.
BUT THE DASHED RED LINE HERE IS WHAT ERCOT IS HOPING WE CAN ACHIEVE, UM, FOR LARGE, FOR LARGE ELECTRONIC LOADS.
LET'S GO AHEAD AND GO TO THE NEXT SLIDE.
SO AROUND, AROUND THE WORLD, WE'RE NOT, WE'RE NOT THE ONLY ONES LOOKING AT THIS, THINKING ABOUT
[01:40:01]
THIS.UM, ONE OF THE ISSUES THAT ULTIMATELY THE, THE VENDORS AND MANUFACTURERS ARE GONNA HAVE IS, YOU KNOW, PROVIDING A DIFFERENT CURVE FOR FRANCE, DENMARK, IRELAND, AND ERCOT IS GOING TO BE A CHALLENGE.
SO HOPEFULLY WE CAN COME UP WITH SOMETHING THAT'S KIND OF A, A UNIVERSAL STANDARD.
WE DO KNOW THAT, UM, OTHER ISOS AROUND THE COUNTRY ARE DEFINITELY LOOKING TO ERCOT.
I THINK WE'VE GOT, WE'VE GOT A SIGNIFICANT AMOUNT OF LARGE LOAD HERE AND WE GET TO BE FIRST.
UM, NEXT WAY, NEXT SLIDE, PLEASE.
I, OKAY, SO, UM, WE'LL HAVE A MEETING ON AUGUST 14TH.
UH, WE'RE GONNA START WORKING ON DEVELOPING A PROCESS FLOW FOR LARGE LOAD INTERCONNECTIONS.
WE'RE KIND OF SHORT THERE AND PEOPLE ARE, UH, NOT UNDERSTANDING WHAT THEY NEED TO DO NEXT AND THE TIMELINES AND ALL OF THAT.
WE'LL BE LOOKING FOR ADDITIONAL SOLUTIONS FROM VENDORS FOR VOLTAGE RIDE THROUGH ISSUES.
UM, I THINK WE'VE COVERED IT PRETTY WELL FOR THE DATA CENTERS.
I THINK WE UNDERSTAND THAT, UH, THE VENDORS FRANKLY DID A PRETTY GOOD JOB OF, OF NOT TURNING IT INTO A SALES PITCH, UH, THAT WAS MUCH APPRECIATED.
UM, WE ARE ALSO DEVELOPING A LIST OF STAKEHOLDER FREQUENCY ASKED QUESTIONS.
IT IS POSTED ON THE LARGE LOAD WORKING GROUP PAGE.
UM, PLEASE, PLEASE TAKE A LOOK.
IF YOU HAVE LARGE LOAD QUESTIONS, PLEASE TAKE A LOOK AT WHAT'S THERE ALREADY.
AND IF IT'S YOUR QUESTION IS NOT THERE OR CLOSELY COVERED, UM, PLEASE, PLEASE SEND YOUR QUESTION OVER TO PATRICK AND MYSELF.
AND I THINK THAT'S THE FINAL SLIDE.
I THINK SETH'S QUESTION WAS LAST TIME.
AM I RIGHT? NO, IT'S A NEW ONE.
IT WAS, BUT THERE'S A BRAND NEW ONE.
YEAH, SO THANKS FOR THIS UPDATE.
UM, ON GOING BACK TO THE FIRST SLIDE WHERE YOU SAID IF THEY DON'T MEET THESE GUIDELINES OR REQUIREMENTS FOR THE RIDE THROUGH THAT THEY WOULD BE SUBJECT, POTENTIALLY SUBJECT TO MITIGATION PLANS.
YEAH, SO WHAT ER COTTAGE CONSIDERING IS A SYSTEM OPERATING LIMIT, UH, FOR EXISTING, UM, FOR EXISTING UNITS.
THEY EXPECT NEW UNITS ARE GONNA MEET THE VOLTAGE RIDE THROUGH REQUIREMENT, BUT WE DO HAVE THIS ISSUE FOR THINGS ALREADY ON THE SYSTEM.
SO GO STEPHANIE, I'M SORRY, I DIDN'T MEAN TO CUT YOU OFF.
UM, I, I THINK I WAS ABOUT DONE.
SO IS THAT, DOES THAT MEAN THAT THEY CURTAIL THE LOAD? IS THAT EFFECTIVELY WHAT THAT THAT COULD BE.
WE DON'T HAVE A LOT OF DETAILS YET, BUT YEAH, THAT'S EFFECTIVELY WHAT IT COULD MEAN IS A CURTAILMENT OF LARGE ELECTRONIC LOADS ON THE SYSTEM.
HOW, WHICH ONES? I DON'T THINK WE CURRENTLY HAVE A VERY GOOD HANDLE ON THAT AT ALL.
DO YOU WANNA SEE IF SOMEBODY FROM ERCOT MIGHT WANNA JUMP IN HERE AND ANSWER YOUR QUESTION? SURE.
UH, FRED GARCIA WITH ERCOT OPERATIONS.
AND, AND, AND, UH, BOB'S RIGHT, WE'RE, WE'RE STILL WORKING OUT ALL THE DETAILS ON THAT.
WE, YOU KNOW, ONCE WE'VE, UH, UNDERSTAND HOW WE'RE GOING TO DO OR MITIGATE THE PROBLEM, WHICH IS COULD BE, UH, A LOAD REDUCTION, UM, WE'LL BRING MORE DETAILS, UM, UH, UH, TO MARKET PARTICIPANTS.
SO WE, WE JUST HAVEN'T QUITE WORKED OUT ALL THE DETAILS YET.
AND CAN YOU, CAN YOU SOLVE THIS RIDE THROUGH PROBLEM BY HAVING BATTERIES LOCATED WITH A LARGE LID? WE THINK SO.
AND IT MIGHT, WE CAN PROBABLY SOLVE THE PROBLEM WITH, AND, AND THERE IS CAREFUL TUNING THAT HAS TO GO ON, BUT A BEHIND THE METER BATTERY WE THINK COULD BE TUNED TO SOLVE THIS ISSUE AND IN FRONT OF THE METER BATTERY THAT IS ELECTRICALLY CLOSE TO A LARGE LOAD COULD POTENTIALLY SOLVE THIS ISSUE TOO.
BUT IF YOU GET, YOU KNOW, FOUR OR FIVE BUSES AWAY, WE DON'T THINK THAT'S GONNA, THAT'S GONNA HELP.
SO IT'S GONNA HAVE TO BE PRETTY ELECTRICALLY CLOSE TO THE LARGE LOAD.
BUT AGAIN, THIS IS ALL KIND OF NEW STUFF AND IT'S NEW FOR EVERYBODY, NOT JUST ER O MM-HMM
[01:45:01]
AND IS THIS ONE, IS THIS YOUR THINKERS CONDENSERS CAN HELP WITH AS WELL? SO THERE'S TRANSMISSION SOLUTIONS.CAN YOU ALL HEAR ME OKAY? YES, WE CAN.
BOB, I WASN'T SURE IF, HAS ERCOT CLARIFIED WHAT QUALIFIES AS A LARGE ELECTRONIC LOAD YET? N NO, THEY HAVE NOT.
AND IF YOU NOTICE I DID NOT CAPITALIZE LARGE ELECTRONIC LOADS UP THERE BECAUSE WE DO NOT HAVE A DEFINITION.
UM, I PERSONALLY, I DON'T THINK WE SHOULD BE USING THE WORD LARGE ELECTRONIC LOADS.
I THINK WE SHOULD BE LOOKING AT THE, THE SPECIFICS OF WHAT WE NEED.
BECAUSE IF YOU HAVE A LARGE ELECTRONIC LOAD CO-LOCATED WITH A, A STEEL PLANT OR A OIL REFINERY, HOW, HOW MUCH CAN BE ELECTRONIC VERSUS HOW MUCH HAS TO BE, YOU KNOW, SYNCHRONOUS MOTORS OR SOMETHING LIKE THAT.
I, I THINK WE'RE GONNA HAVE TO FIGURE THAT OUT YET.
AND, AND DO YOU KNOW, WILL THAT BE A PART OF THE CONVERSATION IN THE AUGUST MEETING OR IS THIS SIMPLY
SORRY, I DON'T HAVE BETTER ANSWERS.
SORRY, I DON'T HAVE BETTER ANSWERS ON ALL OF THIS.
WE WOULD LIKE TO, BUT WE JUST DON'T HIT.
I I I THINK IT'D BE HELPFUL TO KNOW WHICH ENTITIES A STANDARD WILL APPLY TO, TO MAKE SURE THAT THEY CAN PHYSICALLY APPLY TO IT OR CAN PHYSICALLY COMPLY WITH IT.
AND FRANKLY, WE DON'T KNOW IF ANYBODY CAN.
AND, AND FOR THOSE LISTENING ON THE PHONE, UM, THE END RESULT IS WE ARE GOING TO ULTIMATELY NEED DEMONSTRATION SITES, UM, TO ACTUALLY REALLY PROVE THAT THIS STUFF WORKS IN, IN MY OPINION.
SO, UM, IF YOU'VE GOT A, IF YOU'VE GOT A BATTERY LOCATED NEAR YOUR DATA CENTER, UM, I'D LOVE TO HEAR FROM YOU.
AND I THINK, UH, THE, IT WAS CLEAR.
LET ME, I GUESS I HAVE A COMMENT TOO.
UM, I, I, IT SEEMS LIKE THE FOCUS IS ON, AT LEAST MAYBE FROM YOUR POINT OF VIEW, BOB, ON, ON CAN THESE THINGS TECHNICALLY BE DONE, RIGHT? CAN, CAN A BATTERY HELP PROVIDE VOLTAGE SUPPORT FOR A, A DATA CENTER? BUT I THINK MY REQUEST WOULD BE THAT, THAT YOU AND ERCOT THINK ABOUT HOW THIS WOULD BE WRITTEN INTO RULES, RIGHT? WHEN YOU'RE TALKING ABOUT RIDE THROUGH REQUIREMENTS, HOW, HOW DO YOU TAKE INTO ACCOUNT THE, THE GENERATION OR, OR TRANSMISSION INFRASTRUCTURE THAT MIGHT BE WITHIN CERTAIN BOUNDS? 'CAUSE I THINK THAT IS STILL A LITTLE BIT UN UNCLEAR TO ME ON HOW THAT, THAT, HOW THAT WOULD BE DEVELOPED INTO REGULATIONS.
SO CAITLYN, GREAT, GREAT, GREAT QUESTION.
I THINK ALL OF THIS IS STILL PRETTY UNCLEAR.
WHAT WE ARE FOCUSED ON RIGHT NOW IS, IS THERE A TECHNICAL SOLUTION TO THE PROBLEM, RIGHT? THAT'S, THAT'S THE FIRST STEP THEN.
AND WHAT I'M REALLY HOPING IS ULTIMATELY THERE WILL BE A SELF-PROVISION OPTION, RIGHT? THE, THE DATA CENTERS THEMSELVES CAN DO THIS, OR EITHER AN ANCILLARY SERVICE OR A TARIFF, UM, THAT COULD BE USED TO DO THIS, UH, VOLTAGE SUPPORT, UH, YOU KNOW, A TARIFF, SOMETHING LIKE, UM, REACTIVE SUPPORT.
UM, AND JOHN, PLEASE DON'T,
I THINK THAT'S THE BEST SOLUTION FOR EVERYBODY.
BUT YOU, YOUR POINT IS WELL MADE CAITLYN, UM, WE'RE JUST NOT THERE YET OF EVEN UNDERSTANDING THE TECHNICAL SOLUTION BEFORE WE GET TO THE REST OF IT.
SO IT'S SORT OF ONE TECHNICAL SOLUTION.
STEP TWO IS HOW, HOW WE MAKE SURE THIS FITS INTO THE REGULATORY CONFINES OF OUR MARKET, RIGHT? AND STEP THREE WILL BE WHO PAYS FOR IT? OKAY.
UM, I I THOUGHT IT WAS A GREAT REPORT.
DOES ANYBODY HAVE, HAVE ANY OTHER QUESTIONS FOR BOB? THANK YOU.
[01:50:01]
WE ARE ON TO ERCOT REPORTS.ANN, IS THIS TR OH NO, WE'RE NOT.
WE, WE DO HAVE THE LARGE LOAD INTERCONNECTION STATUS UPDATE, UM, THAT WE MOVED A COUPLE OF MONTHS AGO IN CONJUNCTION WITH THE, THE WORKING GROUP.
I'M THE SUPERVISOR OF THE LARGE LOAD INTEGRATION TEAM AT ERCOT.
I'LL BE PRESENTING THE QUEUE UPDATE.
A LOT OF YOU HAVE BEEN SEEING THIS LAST FEW MONTHS.
SO, UM, YOU KNOW, AS WAS MENTIONED, THIS IS JUST THE STANDARD UPDATE, UM, JUST WITH TECH NOT MEETING LAST MONTH EXCEPT FOR THAT, UH, KIND OF SHORTER MEETING.
UM, WE'RE, WE'RE BACK ONLINE, SO LET'S GET STARTED.
UH, AS USUAL, THE, THE NEWS WITH AIRCO LARGE LOADS IS THAT THE QUEUE JUST KEEPS INCREASING.
UH, THIS MONTH THE, THE TOTAL QUEUE REQUESTS MEASURE 188 GIGAWATTS.
UM, THAT'S UP FROM THE LAST, UH, REPORTED, UH, QUEUE, UH, TOTAL AT 169 GIGAWATTS.
AND FOR THE CURRENT LARGE INTERCONNECTION QUEUE, UM, YOU KNOW, AGAIN, JUST STILL SHOWING THAT 188 GIGAWATT NUMBER, UH, YOU KNOW, SORT OF BREAKING DOWN ALL THE DIFFERENT, UH, CATEGORIES.
SO KEY POINT HERE, OUT OF THAT 188 GIGAWATTS, ABOUT 106 GIGAWATTS HAVE NO STUDY SUBMITTED.
UM, FOR REMAINDER, UH, YOU CAN KIND OF SEE THAT BREAKDOWN FOR THOSE THAT ARE EITHER UNDER ERCOT REVIEW PLANNING STUDIES APPROVED, UM, APPROVED TO ENERGIZE, BUT NOT OPERATIONAL OR OBSERVED ENERGIZED.
YOU CAN SEE THE, UH, UH, LATEST APPROVALS LIST SINCE JUNE OF 2025.
SO WE HAVE THAT APPROVED TO ENERGIZE VERSUS PLANNING STUDIES APPROVED BREAKDOWN THIS MONTH.
THAT'S 7,150 APPROVED TO ENERGIZE MEGAWATTS AND ABOUT 14 GIGS OF PLANNING STUDIES APPROVED.
AND FOR THE APPROVED TO ENERGIZE BY LOAD, UH, ZONE AND PROJECT TYPE, I THINK A LOT OF, YOU'RE PRETTY FAMILIAR WITH THIS SLIDE.
WE HAVE THAT BREAKDOWN FOR THE LOAD ZONE WEST LOADS VERSUS ALL OTHER WEATHER ZONES, AS WELL AS CO-LOCATED VERSUS STANDALONE REQUESTS FOR THOSE THAT ARE APPROVED TO ENERGIZE.
NEXT SLIDE, OUT OF THOSE LOADS APPROVED TO ENERGIZE ERCO HAS OBSERVED A NONS SIMULTANEOUS MONTHLY PEAK CONSUMPTION OF 3,820 MEGAWATTS IN JULY SLIDE INCREASE SINCE JUNE.
WHEN WE'VE OBSERVED A SIMULTANEOUS MONTHLY PEAK CONSUMPTION OF 3,632 MEGAWATTS, WHICH IS ALSO A SLIGHT INCREASE SINCE THE JUNE REPORT, THIS IS THE MAXIMUM VALUE OF THE SUM OF ALL THE INDIVIDUAL LOADS PER MONTH.
AND JUST TO BREAK DOWN ON THE LARGELY PROJECT DISTRIBUTION SIZE, UM, YOU KNOW, YOU CAN KIND OF SEE THE, THOSE BUCKETS OF PROJECT SIZES.
SO 96 PROJECTS IN THE 75 TO TWO 50 MEGAWATT BUCKETS, 79 AND THE TWO 50 TO 500, UH, ZONE AND SO FORTH.
SO WE'VE GOT 71 PROJECTS THAT ARE OVER EITHER OUT OR OVER A THOUSAND MEGAWATTS FOR THAT INDIVIDUAL REQUEST.
UM, I, I WAS CURIOUS IF, UM, Y'ALL HAVE ANY SENSE SINCE MOST OF THE, THE CHANGE MONTH OVER MONTH SEEMS TO BE IN THE, IN THE NO STUDY SUBMITTED CATEGORY? YEAH.
HAS THAT, DO YOU HAVE ANY COLOR ON WHETHER THAT REFLECTS PROJECTS MAYBE MOVING EITHER THE INITIAL INTER ENERGIZATION DATE OUT OR, UH, CHANGES IN LOAD RAMP SCHEDULES? OR IS IT, IS IT JUST A LARGER MIX OF OTHER FACTORS? YEAH, SO THE NO STUDY SUBMITTED CATEGORY IS LOADS THAT HAVE HAD A KICKOFF MEETING, BUT WE'VE NOT GOTTEN STUDIES.
UM, AND TO BE HONEST, WE'VE JUST HAD A LOT OF KICKOFF MEETINGS LATELY.
UM, AND I THINK THAT'S THE, THE LARGER PART OF THE REQUEST.
UM, TO BE HONEST, A LOT OF OUR, OUR TIME AS A TEAM LATELY HAS BEEN IN THOSE KICKOFF MEETINGS, SO A LOT OF INITIALIZATION OF, UH, REQUESTS.
[01:55:01]
APPRECIATE THAT.THANKS FOR THE UPDATE THIS MORNING.
WE ALWAYS APPRECIATE YOU BRINGING THESE, UM, TO TACK EACH MONTH WHEN WE MEET.
I, I HAD A QUESTION ABOUT SLIDE EIGHT WITH, I HAD THE, UM, THE FOUR BUCKETS THAT YOU HAD GONE THROUGH BASED ON SIZE.
AND I JUST WANTED TO CONFIRM, ARE, ARE THESE NUMBERS REPRESENTING, UM, THE ACTIVE REQUESTS THAT HAVE BEEN SUBMITTED INTO THE LILI LIST PROCESS? OR IS IT THEY'RE A DIFFERENT THRESHOLD HERE TO MAKE IT ONTO THIS GRAPH? NO, SO THAT'S ANYTHING.
UM, AND IF YOU GO BACK TO SLIDE, I THINK IT'S TWO OR THREE OF 'EM AT THE ORANGE, UM, IN THE BAR CHART.
I ALWAYS FORGET WHICH SLIDE NUMBER IT IS.
UM, IT'S ANYTHING THAT'S IN, YOU KNOW, ANY OF THOSE STATUSES, THE NO CITY SUBMITTED UNDER ERCOT REVIEWS, IT'S JUST ANYTHING THAT'S UNDER THE QUEUE AT THIS POINT.
I, I'LL ADD TO THAT, WE ARE, UM, WE ACTUALLY DO HAVE, UM, SOME SLIDES THAT I'M CIRCULATING INTERNALLY NOW BEFORE PUBLISHING.
UM, HOPEFULLY THIS SLIDE OR THIS, UM, NEXT TAC MEETING, I'LL BE ABLE TO AT LEAST SHARE AN INITIAL CUT OF THOSE, UM, SORT OF IN PREPARATION FOR, UM, THE, YOU KNOW, KIND OF 1267 REQUESTS.
I RECOGNIZE THAT, UH, WE GET A LOT OF REQUESTS FOR, YOU KNOW, SORT OF DIFFERENT BREAKDOWNS OF THE DATA.
SO, UM, JUST WANTED EVERYONE HERE TO KNOW THAT I, I AM SHOPPING THOSE INTERNALLY.
UM, AND I HOPE TO HAVE SOME ADDITIONAL SLIDES AND ONE OF THE NEXT COUPLE ATTACK UPDATES TO SHARE WITH OTHERS.
I APPRECIATE THAT CLARIFICATION.
I GUESS JUST ONE LAST QUESTION HERE.
I GUESS GIVEN, I MEAN, THE VOLUME HERE HAS, HAS LOOKED PRETTY EXTRAORDINARY FOR SOME TIME NOW, AND SH SHOULD THOSE THAT ARE WORKING WITH PROJECTS IN THE LILI PROCESS SORT OF EXPECT PROCESSING TIMELINES A LITTLE LONGER THAN WHAT, UM, SOME OF THE PROVISIONS IN BIGGER ONE 15 HAVE SET FORWARD.
I KNOW SOME OF THAT HASN'T EVEN BEEN IMPLEMENTED YET, BUT I JUST SORT OF TRYING TO GAUGE EXPECTATIONS IF YOU THINK THAT, UM, YOU KNOW, THINGS ARE TAKING A LITTLE BIT LONGER NOW DUE TO THE, THE LEVEL OF ACTIVITY HERE.
I, YEAH, I WOULD SAY THAT'S DEFINITELY THE CASE ALONG WITH, UM, JUST CHALLENGES ON RESOURCE CONSTRAINTS.
SO YEAH, PARTICULARLY AS WE'RE IN THIS, YOU KNOW, SLIGHTLY PRE PICKER ONE 15, UM, ERA, JUST LIKE I SAID, I MEAN, WE'RE LIKE YOU SAID, RATHER WITH THE VOLUME OF REQUESTS THAT WE'VE RECEIVED, UM, IT'S JUST TAKING LONGER.
'CAUSE THESE ARE JUST A LOT OF KICKOFF MEETINGS TO ATTEND AND, UM, KIND OF GET THROUGH.
OKAY, SO WE HAVE A QUEUE, UM, GO AHEAD, NAVA FROM OPAC.
UH, CAN YOU GO TO PAGE NUMBER TWO PLEASE? SO FOR THE MONTH OF, UH, JUNE AND, UH, UH, MAY AND JUNE, I SEE THE EXACT, UH, LOAD NUMBER 1 6 9 1 6 9 8.
WHAT DOES THAT MEAN? UH, THERE'S NO STUDY HAS BEEN DONE IN THOSE TWO MONTH, OR, OR WHAT HAPPENED? NO, WE'LL, WE'LL NEED TO UPDATE THAT.
UM, AND THANKS FOR POINTING THAT OUT.
UM, SO BECAUSE THERE WAS NOT A, UH, TAG MEETING, UM, YOU KNOW, WE, WE DIDN'T GENERATE A, A SET OF SLIDES FOR, UM, THAT PARTICULAR UPDATE.
SO, UM, UH, ONE OF THE, THE CHANGES THAT'S COMING WITH SOME OF THOSE, UH, KIND OF 1267, UH, RELATED, UH, REQUESTS IS THAT WE'RE, WE'RE GENERATING THESE SLIDES, UM, SORT OF MORE THAN JUST FOR, FOR EACH T UPDATE, BUT WE'RE, WE'RE TRYING TO HAVE, UM, SORT OF A DAILY REPORT THAT WE'RE GENERATING INTERNALLY FOR OUR OWN PURPOSES AS WELL.
SO SHOULD HAVE MORE UPDATED FIGURES IN THE NEXT ONE.
S YEAH, I WAS WONDERING HOW MANY PROJECTS ARE YOU SEEING DROPPING OUT? SO IS THERE LIKE A LOT OF CHURN GOING ON WHERE YOU'RE SEEING PEOPLE COME IN, PEOPLE DROPPING OUT? IS IT STABLE? WHAT DOES THAT LOOK LIKE? YEAH, THAT'S A GOOD QUESTION.
SO TO BE HONEST, WE DON'T, UM, AT LEAST ANECDOTALLY SEE A LOT OF, UM, PROJECTS THAT SORT OF, WELL, I'LL, I'LL PUT IT THIS WAY.
WE DON'T GET A LOT OF, UM, NOTIFICATIONS THAT A PROJECT HAS DROPPED OUT.
I THINK THE MAJORITY OF WHAT I TEND TO SEE IS, YOU KNOW, UH, AT, AT SOME POINT, YOU KNOW, THE, THE REQUEST HAS BEEN SITTING SO LONG IN THE QUEUE, UM, THAT AT SOME POINT THAT'LL, YOU KNOW, SORT OF TRIGGER SOME INTERNAL QUESTIONS AND WE'LL REACH OUT TO, YOU KNOW, EITHER TSP OR YOU KNOW, CUSTOMER IF, IF WE KNOW WHO THEY ARE AND SAY, YOU KNOW, IT'S BEEN SIX MONTHS, EIGHT MONTHS, WE HAVEN'T HEARD ANYTHING OR WE HAVEN'T RECEIVED STUDIES.
UM, AND THEN WE'LL, YOU KNOW, HOPEFULLY GET AN UPDATE PROVIDED THEN.
BUT, UH, QUITE OFTEN WE HAVE TO INITIATE THAT, THAT QUESTION.
BUT YEAH, WE DO TRY TO KEEP THINGS KIND OF CLEANED UP ON OUR END.
[02:00:03]
YES.JULIE, LET'S GO TO BOB HILTON.
YEAH, REAL QUICKLY, JULIE, COULD YOU GO BACK TO THE SLIDE THAT GO SHOWS THE, UH, THE PLAN, YOU KNOW, THE PLANNING STUDIES BEING DONE? NO PLANNING STUDIES.
I CAN'T SEE YEAH, THAT ONE, YEAH.
IS IS, YOU KNOW, I KNOW ALL THESE HAVE A, A LARGE LOAD NUMBER ASSOCIATED WITH THEM WHEN THEY'RE PUT INTO THE SYSTEM.
IS THERE A WAY SOMETHING LIKE RIO OR SOMETHING ALONG THOSE LINES THAT, THAT AN ENTITY COULD EASILY FIND OUT WHERE THEY'RE AT, WHETHER IT'S UNDER REVIEW OR WHETHER WHAT'S BEEN APPROVED AND HASN'T BEEN APPROVED, OR ARE YOU DOING CONTINUAL UH, COMMUNICATION WITH THOSE ENTITIES OR HOW, HOW'S THAT HAPPENING? YOU MAY HAVE THIS ALL WORKED OUT AND I'VE JUST MISSED IT, BUT, UH, YEAH, NO, THAT'S ACTUALLY A REALLY GOOD QUESTION.
WE DO THAT BECAUSE I GET, I GET, I'M GETTING THAT INTERNAL WHERE WE AT, WHERE WE AT
UM, SO, UH, YEAH, TO, TO ANSWER YOUR QUESTION FOR WHERE WE'RE AT TODAY, UM, YOU KNOW, WHEN WE HAVE THE KICKOFF MEETING, UM, YOU KNOW, CUSTOMERS ARE ALWAYS, YOU KNOW, WELCOME TO, UH, ATTEND.
UM, SOMETIMES THEY CHOOSE NOT TO SORT OF MAKE THEMSELVES IDENTIFIED TO AIRCON.
SO AT THAT POINT WE'RE, WE'RE JUST WORKING DIRECTLY WITH THE TSP, UM, IN THE CASES, YOU KNOW, WHERE THE, THE CUSTOMER HAS, YOU KNOW, SORT OF BEEN WITH US IN THAT MEETING.
UM, THEY CAN ASK QUESTIONS THEN AND SORT OF, YOU KNOW, USUALLY ESTABLISH A LINE OF CONTACT.
UM, YOU KNOW, WE, WE GET A LOT OF QUESTIONS FOR THE LARGE LOAD INTERCONNECTION INBOX.
UM, SO THAT, THAT'S THE CURRENT SYSTEM.
UM, AND WE TRY TO, YOU KNOW, MAINTAIN CONTACT AND, YOU KNOW, ANSWER ANY STATUS QUESTIONS.
I THINK THE FUTURE OF THIS IS, YOU KNOW, ONCE, UH, PI R ONE 15 GOES INTO EFFECT IS, YOU KNOW, INCORPORATING THIS INTO, UM, YOU KNOW, I'M NOT SURE IF YOU KNOW RIO, I I THINK IT'LL EITHER BE RIO OR A SYSTEM VERY SIMILAR TO RIO.
UM, YOU KNOW, I'LL, I'LL LET MY LEADERSHIP SPEAK TO THAT IF THEY'RE ON.
BUT, UM, THE, THE IDEA IS TO, YOU KNOW, INCORPORATE THIS INTO, YOU KNOW, THAT KIND OF, UM, BILATERAL FACING, UM, SYSTEM SO THAT WAY, YOU KNOW, OTHERS CAN ALSO ACCESS THIS WITHOUT HAVING TO, TO CHECK WITH US, UM, AT THE LARGE LOAD IN BOX.
BUT THAT'S THE SYSTEM FOR NOW.
YEAH, I JUST HAVE A QUICK QUESTION.
WHY ARE THE CONSUMPTION NUMBERS FOR THE SIMULTANEOUS AND NONS SIMULTANEOUS PEAKS DIFFERENT THAN THE OBSERVED ENERGIZED IN THE TABLES ON, UH, ON THE TABLE ON THE VERY BEGINNING SLIDES? YEAH.
UM, SO IF YOU GO BACK, UH, SORRY, IF YOU GO TO SLIDE, I WANNA SAY IT'S EIGHT OR YEAH, UH, SORRY, SEVEN AND SIX.
UM, SO THE, THE SLIDE AND WITH, YOU KNOW, SORT OF THE GREEN COLOR CODING IS THE SIMULTANEOUS MONTHLY PEAK CONSUMPTION.
AND IF YOU GO TO SLIDE SIX, THAT IS THE NONS SIMULTANEOUS MONTHLY PEAK CONSUMPTION.
AND THE VALUE THAT YOU SEE IN SLIDE THREE IS THE ALL TIME NONS SIMULTANEOUS CONSUMPTION.
HEY, JULIE, I WAS WONDERING IF YOU COULD, UH, POST THESE INTERCONNECTION REPORTS, UH, MAYBE TO THE LARGE LOAD WORKING GROUP PAGE OR HAVE A, A DEDICATED PORTION OF THE ERCOT WEBSITE, KINDA LIKE THE GIS WELL, YOU'RE FAMILIAR TO TAC MEMBERS, UM, AND FRIENDS OF TAC IT'S SOMETIMES HARD TO KIND OF DIG THROUGH IN THE
AND I THINK WE'RE, WE'RE WORKING ON STANDING UP A, UH, LARGE LIB PORTION OF THE AIRCO WEBSITE, SO I'LL NEED TO CHECK ON WHAT THE STATUS OF THAT IS, BUT I THINK THE GOAL IS TO EVENTUALLY HAVE THIS POSTED TO THAT SECTION AS WELL.
ANY OTHER QUESTIONS FOR JULIE? OKAY.
WE TOOK UP RTC PLUS B ALREADY, SO NOW WE ARE ON TO OR CUT REPORTS.
I DON'T BELIEVE WE HAVE ANY, ANN, IS THAT CORRECT? THAT'S CORRECT.
[15. Other Business]
WE ARE GOING TO OTHER BUSINESS.UM, FIRST IS THE SEPTEMBER BOARD STAKEHOLDER ENGAGEMENT.
UM, I DON'T THINK REBECCA HAS A PRESENTATION, BUT I BELIEVE SHE IS READY WITH A VERBAL UPDATE.
[02:05:07]
REBECCA, ARE YOU ON AND READY? SHE MAY BE EARLIER THAN SHE EXPECTED.ALL RIGHT, ANN, SHOULD WE SKIP THIS FOR NOW AND COME BACK? YEAH, LET ME SEE IF I CAN GET A HOLD OF HER.
I'M SORRY YOU FOR US TO MOVE TO THE, OKAY.
SORRY, I JUST HAD A QUICK UPDATE ON THIS.
UM, I WANTED TO FIRST THANK EVERYBODY WHO PARTICIPATED IN THE JUNE SESSIONS ON TRANSMISSION PLANNING.
I KNOW THIS WAS NEW AND WE HAD REALLY STRONG POSITIVE FEEDBACK ON, UM, THOSE PRESENTATIONS.
AND ALSO THANK ANN AND KEITH AND TALK LEADERSHIP FOR ALL THE WORK THEY'VE DONE ON THIS OR THE SEPTEMBER BOARD.
WE'RE MOVING TOWARDS THE RTC PLUS B PRESENTATIONS.
UM, SO I KNOW KAITLYN'S GONNA REACH OUT TO SEGMENTS, BUT JUST WANTED TO ANNOUNCE THAT THE SEGMENTS WE'RE LOOKING AT ARE THE INDEPENDENT RETAILER, THE POWER MARKETER, AND MUNICIPAL UTILITY.
SO WE'LL, UM, IN AUGUST COME BACK WITH THE PARTICIPANTS AND KIND OF THOSE PROMPT QUESTIONS, THE ONE FEEDBACK ITEM I WANTED TO MENTION AS WE THINK ABOUT, UM, PARTICIPANTS IS THEY STILL WANT KIND OF THAT EDUCATION VERSUS ADVOCACY, BUT DO REALLY WANNA UNDERSTAND BETTER, UM, WHERE YOUR SEGMENT IS COMING FROM, A LITTLE BIT MORE OPINION ON THAT.
SO, UM, JUST THINKING ABOUT REALLY PROVIDING MORE VALUE FROM YOUR SEGMENT.
I THINK THAT WAS THE ONE FEEDBACK THAT WE ARE INTERESTED IN HEARING KIND OF STRONGER OPINIONS IN THAT FRONT.
AS, AS A REMINDER, THESE ARE THE, UM, SESSIONS WE'RE DOING DURING THE BOARD MEETINGS.
WE, WE DON'T HAVE THE R AND M MEETING ANYMORE, SO I BELIEVE THESE ARE ALWAYS GONNA HAPPEN ON THE FIRST DAY OF THE BOARD MEETING.
THEY'RE ABOUT 10 MINUTE PRESENTATIONS.
UM, THE EXPECTATIONS, UH, RE REBECCA THAT WE HAVE SPEAKERS AND, AND PRESENTATIONS SUBMITTED SOME, SOME TIME AHEAD, RIGHT? SO FOR SEPTEMBER WE, WE WILL PROBABLY START TO NEED THOSE THINGS IN THE NEXT TWO OR THREE WEEKS.
IS THAT THE RIGHT TIMELINE? RIGHT.
SO FOR, UM, SO FOR, IT'D BE HELPFUL TO HAVE THE PARTICIPATION, UM, KINDA NAILED DOWN IN THE NEXT TWO OR THREE WEEKS AND THEN HAVE A INFO SESSION WITH THE PARTICIPANTS TO KIND OF GET TIMELINES STARTED.
BUT YES, THE, UM, REVIEW TIMELINES FOR BOARD PRESENTATIONS START ALMOST A MONTH IN ADVANCE OF THE BOARD.
SO WE'RE LOOKING AT, UM, KIND OF THE NEXT THREE TO FOUR WEEKS TO HAVE, UM, PARTICIPANTS IDENTIFIED IN THIS FIRST DRAFT PRESENTATIONS.
ROY, DID YOU WANNA SAY THAT OUT LOUD OR IS IT JUST, UM, ONTO THE THIRD SEGMENT IS, YEAH, REBECCA, I I WAS JUST GONNA ASK, YOU KNOW, I HEARD YOU SAY I REPS AND I THOUGHT YOU SAID MUNIS, BUT I THOUGHT THERE WAS ANOTHER SEGMENT OR PORTION OF THE SEGMENT YOU MENTIONED POWER MARKETER.
SO FOR RTC PLUS P, THOSE ARE KIND OF THE THREE SEGMENTS WE'D LIKE TO, UM, HEAR FROM.
AND THE INTENT IS, I KNOW THIS IS THE SECOND ONE, AND LOOKING FORWARD TO POSSIBLY CONTINUING THIS NEXT YEAR JUST TO ROTATE THROUGH THE SEGMENTS AND KIND OF GIVE ONE EACH, EACH CYCLE A BROAD, UM, BROAD SWATH OF PARTICIPATION AND PERSPECTIVES, BUT JUST KIND OF ROTATE THROUGH EVERYONE.
AND I'VE DONE A LITTLE BIT OF OUTREACH.
UM, SO, SO ON THE, THE REP SEGMENT, I THINK BILL BARNES IS WILLING TO, TO COORDINATE THAT.
UM, AND THEN IN THE, THE MUNICIPAL SEGMENT I'VE REACHED OUT TO CPS AND I THINK THEY'RE WILLING TO WORK WITH, UM, PT TT A.
SO TAYLOR, IF YOU'RE LISTENING, I'M, I'M VOLUNTEERING YOU TO HELP WITH THIS.
AND, UM, ON THE MARKETER SEGMENT, I BELIEVE JEREMY FROM SKA AND, AND SETH FROM VOL HAVE, HAVE REACHED OUT TO THEIR SEGMENT TO, TO COORDINATE ON THAT.
I'M HAPPY TO TAKE FEEDBACK OR VOLUNTEERS, BUT I THINK WE, WE NEED TO MOVE PRETTY QUICKLY ON THIS, RIGHT REBECCA? I'M SORRY I CUT YOU OFF.
AND I, I DO THINK IT WORKED WELL LAST TIME WE KIND OF HAD A MIX OF A SEGMENT WHO CHOSE MORE A MEMBER AND THEIR ASSOCIATION.
WE HAD A SEGMENT THAT, YOU KNOW, CHOSE MULTIPLE, UM, MEMBERS TO DO THE PRESENTATION.
WE HAD KIND OF ONE THAT CHOSE A SINGLE MEMBER.
SO I, I THINK IT CAN BE A VARIETY JUST LOOKING FOR, YOU KNOW, THE BROAD PERSPECTIVES FROM THE DIFFERENT SEGMENTS.
[02:10:02]
YEAH.WHERE I CAN OR, OR COORDINATE, UM, WITH THE REP SEGMENT IS THE EXPECTATION, THE PERSPECTIVE PROVIDED BY MARKET PARTICIPANTS WILL BE MORE, UM, RELATED TO THE ACTUAL IMPLEMENTATION OF THE PROJECT, THE TECHNICAL ASPECTS, TESTING THAT, THAT TYPE OF THING OR CONCERNS OR, UM, BENEFITS OF MARKET CHANGES OR WHAT, IS THERE ANY DIRECTION FOR US ON WHAT WE SHOULD BE FOCUSED ON FOR THE DISCUSSION? SO WE, I THINK WE WILL HAVE, I KNOW FOR, UM, THE TRANSMISSION PLANNING, WE CAME BACK WITH KIND OF THE, THE PROMPTS TO GUIDE THOSE PRESENTATIONS AND WE'LL BE WORKING ON THAT FOR THE RTC PLUS B AS WELL.
UM, BUT YES, IT'S, IT'S PERSPECTIVE FROM YOUR SEGMENT AND KIND OF OPINIONS ON WHY THIS MATTERS AND WHAT YOUR SEGMENT IS EVALUATING.
I DO THINK THE ONE FEEDBACK FOR RTC, UM, IN THIS TIMING IS WE'RE GETTING KIND OF IN MARKET TRIALS BY THAT POINT, AND THERE WAS A REQUEST TO KIND OF SAY HOW, AND FROM A MARKET PERSPECTIVE THOSE TRIALS WERE GOING FROM A BOARD DIRECTOR WHEN WE WERE TALKING ABOUT THESE.
SO I DO THINK THAT'S GONNA BE ONE OF THEM IS JUST THOUGHTS ON MARKET TRIALS AS WE APPROACH GO LIVE AND JUST THAT, UM, KIND OF PULSE CHECK ON HOW THINGS ARE GOING FROM A MARKET PERSPECTIVE.
SO CAN WE LEAVE IT WITH THOSE, UM, SEGMENTS AND, AND THE PEOPLE I IDENTIFIED TO START COORDINATING THAT? AND REBECCA, I THINK WE WILL REACH OUT TO THEM IN A COUPLE OF WEEKS AND THAT THAT WOULD BE GREAT.
AND THEN IN AUGUST WE'LL COME BACK WITH THE, UM, JUST FOR TRANSPARENCY, THE PARTICIPATION AND THE PROMPTS.
SO IF YOU, YOU ARE COORDINATING, UM, WHY, WHY DON'T YOU START WORKING WITH YOUR SEGMENT, UM, AND, AND LET ME AND MARTHA AND REBECCA KNOW WHEN, WHEN YOU HAVE KIND OF A GAME PLAN OR IF YOU HAVE QUESTIONS AND, AND I THINK WE'LL CONTINUE TO WORK ON THOSE DISCUSSION PROMPTS AND EVERYTHING YOU NEED FOR THOSE PRESENTATIONS.
ALRIGHT, UM, NOW TO THE ACTION ITEMS LIST REVIEW.
MARTHA, DO WE HAVE ANYTHING HERE TODAY? HEY, CAITLIN, IT'S MARTHA.
YEAH, I DON'T THINK WE HAVE ANYTHING WE NEED TO DIG TOO DEEPLY INTO HERE TODAY.
UM, I MAY BRING A COUPLE RECOMMENDATIONS TO THE AUGUST MEETING, BUT, UM, NOTHING FOR TODAY.
ALL RIGHT, SO NOW WE ARE ON TO THE UPDATE ON THE INITIATIVE RANKING WORKSHOP.
WE DID HAVE A DATE CHANGE ON THIS.
YOU READY TO GO? I AM READY TO GO.
UH, FOR, UH, KAITLYN IS CORRECT.
WE DID HAVE AN UPDATE LATE IN THE PROCESS.
THERE WAS A, EXCUSE ME, THERE WAS A, UH, AN ITEM THAT CAME UP THAT, THAT MADE THE 13TH UNAVAILABLE FOR US THAT DAY.
SO WE DID COME UP WITH AN ALTERNATIVE DAY.
IT'S GONNA BE AUGUST 25TH, SAME TIME THAT WE WERE LOOKING AT, AT 1230.
UH, THERE WILL BE HYBRID OPTIONS FOR FOLKS, BUT WE DO HOPE THAT FOLKS WILL JOIN US IN PERSON.
UH, THE MEETING, WE'RE NOT SURE EXACTLY HOW LONG IT'LL GO.
IF, IF THERE'S A LOT OF AGREEMENT, IT'LL GO QUICKLY.
UH, IF THERE'S NOT, IT'LL, IT'LL TAKE A LITTLE LONGER, BUT WE'LL SEE.
UH, SEEING THAT THIS IS OUR INAUGURAL ONE, WE'LL SEE HOW LONG IT TAKES, BUT LOOK FORWARD TO AMANDA LEADING THAT, UH, ON THE 25TH.
WHAT ARE OUR OBJECTIVES? UH, ULTIMATELY WE'RE GONNA PRIORITIZE OUR, UH, EXISTING APPROVED NPRS.
WE DO HAVE A LIST THAT, THAT IS TROY'S, UH, I SUPPOSE IT'S KNOWN AS TROY'S LIST.
BUT YES, WE'VE, WE'VE ALREADY CIRCULATED THAT AT PRS THAT IS OUT THERE.
WE DO HAVE, UH, A RANKING, TIERED RANKING SYSTEM THAT, UH, TROY HAS TALKED ABOUT, AND THAT, UH, WE ARE GONNA TALK ABOUT THOSE.
WE ARE GONNA TALK ABOUT OUR EXISTING, BUT YET NOT YET APPROVED NPRS.
AND, UH, WE ARE ALSO GONNA TALK ABOUT SOME INITIATIVES THAT HAVE BEEN DISCUSSED, BUT ARE NOT, UH, NOT YET NPRS.
AND I'LL TALK A LITTLE BIT ABOUT MORE OF THAT IN A MINUTE.
[02:15:01]
UH, BUT THOSE ARE WHAT WE ARE GONNA FOCUS ON, UH, DOING OUR RANKINGS.SO LET'S TALK A LITTLE BIT ABOUT, UH, PRE NPR INITIATIVES.
UH, ULTIMATELY WE DO, UH, WE ARE REQUESTING, UH, FOLKS THAT, UH, WOULD LIKE TO, UH, AND, AND I'VE ALREADY HAD AT LEAST ONE PERSON, UH, REACH OUT TO ME WITH AN IDEA THAT THEY ARE CONSIDERING HAVING ON THE LIST.
UH, ONE OF THE, THE KEY HERE IS THAT WE DID CHANGE THE DATE FROM AUGUST 4TH TO AUGUST 11TH.
AGAIN, THIS WAS, UH, IF WE'VE, WE'VE GOT A LITTLE MORE TIME, WE'LL GIVE YOU A LITTLE MORE TIME.
UH, AND ULTIMATELY, THE, THE IDEA HERE ISN'T TO GET A LAUNDRY LIST OF, HEY, HERE ARE ALL THE IDEAS.
I THINK IT'D BE GREAT TO CHANGE.
IT'S MORE OF, HEY, WE'VE BEEN TALKING ABOUT THIS.
IT'S DOESN'T HAVE AN NPR YET, BUT, UH, IT WOULD BE GOOD TO HAVE IN OUR, OUR RANKING LIST, THERE'LL BE, THERE'LL BE OPPORTUNITIES LATER.
UH, BUT RIGHT NOW WE'RE JUST TRYING TO SET OUR FOUNDATION, OUR INITIAL SET OF, OF RANKINGS THAT'LL GET US THROUGH THE POST RTC IMPLEMENTATION PERIOD.
AND, AND SOME OF THESE WILL BE IMPORTANT TO HAVE AND, AND TO BRING UP.
SO, UM, UH, HOPEFULLY WE'LL BE ABLE TO GET, UH, SOME IDEAS AND WE'LL, WE'LL RANK THEM AS WELL AS THE OTHER ONES.
NEXT SLIDE, RIGHT? IN TERMS OF MATERIAL WE WILL BE PROVIDING, UH, IN ADVANCE.
I KNOW THAT WAS SOMETHING THAT, THAT DID COME UP, UH, A MINUTE AGO, UH, WITH, WITH, WITH KATIE AND HER DISCUSSION AND, AND SOME OF THE OTHER THOUGHTS THAT ABOUT, HEY, WE WANNA BE PREPARED FOR THESE MEETINGS.
AND SO IT'S GOOD TO HAVE THE MEETING INFORMATION IN ADVANCE.
SO YES, WE WILL GET THAT MATERIAL.
THANKFULLY, SOME OF THAT MATERIAL IS, IS ALREADY OUT THERE IN TERMS OF THE PRE RANKED, UH, ON THE EXISTING ITEMS. BUT YES, WE WILL GET A LIST OF THINGS OUT IN ADVANCE FOR FOLKS TO REVIEW AND OBVIOUSLY CONSIDER OUR RANKINGS AND COME UP WITH, WITH YOUR OWN RANKINGS, UH, UH, IN TERMS OF WHAT, UH, WHAT OUR ASSESSMENT IS GONNA LOOK LIKE.
SO WE'RE GONNA HAVE TO LOOK AT THE EXISTING NPRS AND WHAT KIND OF EFFORT IT MIGHT TAKE TO WORK ON SOME OF THE PAST NPRS, THANKFULLY, I, I'VE SEEN A FIRST CUT OF THIS IS THAT IT'S NOT EXTENSIVE.
SO THANKFULLY WE'VE, WE'VE DONE A GOOD JOB UPDATING GRAY BOXES ALONG THE WAY.
UH, BUT, BUT THERE MAY BE SOME EXAMPLES OF ONES THAT MAY BE A LITTLE BIT, UH, MORE INVOLVED THAN OTHERS.
UH, AND THEN OBVIOUSLY ASSESSING EFFORT, UH, NOT NECESSARILY IMPACT ASSESSMENT, BUT WHAT IS IT GONNA TAKE TO COMPLETE THE NPR ON THE EXISTING ONES? IS THERE, IS THERE SUBSTANTIAL EFFORT FOR THAT? AND THEN ANY PRE NPRS, WHAT KIND OF EFFORT WOULD IT TAKE TO CREATE THE NPR? NOT NECESSARILY WHAT KIND OF IMPACT ASSESSMENT.
WE DON'T WANNA REPLACE THAT PROCESS, BUT AT LEAST GET A SENSE OF HOW COMPLICATED SOME OF THESE, UM, NPR WORK IS IF WE HAVEN'T, HAVEN'T COMPLETED THAT PROCESS EITHER.
HIGH, LOW, UNKNOWN, UM, BUT AT LEAST GIVE US A, A SENSE AS WE'RE GOING THROUGH THE RANKING PROCESS AS THERE MAY BE SOME LOW HANGING FRUIT VERSUS SOME STUFF THAT'S MORE COMPLICATED.
AND, AND HAVING THAT SENSE AS WE'RE RANKING IT IS IMPORTANT.
IT LOOKS LIKE WE DO HAVE A QUESTION, SO I'LL PAUSE HERE AND SEE IF THERE'S A QUESTION ON WHAT WE'VE CHATTED ABOUT SO FAR, SETH, I THINK, YEAH, GO AHEAD, SETH.
YEAH, HOW ARE THESE RANKINGS DETERMINED? SO WE HAVE A BUNCH OF PEOPLE AT A WORKSHOP IN A ROOM, AND WE'RE ALL GIVEN OUR OPINIONS, YOU KNOW, THIS ONE'S GREAT, THIS ONE, WE DON'T NEED IT.
LIKE, WHAT, WHAT'S THE DECIDING FACTOR BEHIND ALL THIS? AH, SO I SEE YOUR POINT.
SO LET'S SAY, OKAY, WE'LL, WE'LL USE AN EXAMPLE.
SO SETH, THINK THIS, SETH HAS, SETH HAS A, YOU KNOW, UM, UH, A PROJECT THAT HE'D LIKE, UH, WORKED ON.
NOW THERE'S GONNA BE A TIERING SYSTEM, AND WE'LL TALK ABOUT THAT IN A SECOND, RIGHT? SO EVERYTHING'S GONNA BE THRUST INTO DIFFERENT TIERS.
UM, AND ULTIMATELY, UM, THIS IS A ZERO SUM GAME, UH, MEANING THAT WE CAN'T HAVE, UM, EVERYTHING ISN'T A HIGH PRIORITY.
AND WHAT WE'RE TRYING TO GET A SENSE OF IS WHAT ARE THE ONES THAT SHOULD BE IN THAT, ESSENTIALLY, TIER ONE IS, HEY, THAT'S CRITICAL, AND WE DON'T REALLY GET A CHANCE TO, TO, TO VOTE ON THOSE.
THE, THE LEGISLATURE VOTED ON THAT, OR IF THE PUC IS VOTED ON THAT, AND IT'S GONNA HAPPEN, RIGHT? SO THOSE ARE OUR TIER ONES.
THEY'RE HAPPENING ANYWAY, REGARDLESS OF ANYTHING WE SAY.
UM, BUT REALLY WHAT WE'RE TRYING TO DO IN PARTICULAR IS IDENTIFY WHAT THOSE TIER TWO ITEMS ARE IN TERMS OF, HEY, WHAT'S THAT NEXT BATCH? RIGHT? AND ULTIMATELY, UM, YOU KNOW, IS IT GONNA BE, UH, IF, IF WE END UP WITH 50 THINGS IN THAT TIER TWO, WELL, THAT'S NOT REALLY A RANKING.
UH, AND SO THERE'S GONNA HAVE TO BE SOME TRADE OFFS IN TERMS OF, YOU KNOW, WHAT GOES IN THAT TIER TWO VERSUS TIER THREE.
IS THAT, OKAY, WE'LL HIT IT NEXT.
AND SO THE NICE THING IS WE DON'T HAVE TO, IT'S NOT LIKE A ONE THROUGH 60 TYPE OF RANKING.
[02:20:01]
IT'S MORE OF A, YOU KNOW, WHAT TIER IS THIS GONNA END UP IN? AND IS THE TIER TOO BIG? OR IS IT, YOU KNOW, IS IS IT TOO BIG? RIGHT? IF IT'S STARTING GET TOO BIG, THEN IT'S GONNA HAVE TO MO YOU KNOW, WE GOTTA MAKE SOME DECISIONS ABOUT WHICH TIERS.SO IT'S GOING TO HAVE TO, TO MAKE SOME CHOICES ALONG THE WAY.
SO WHO DECIDES WHAT'S THAT? WHO, WHO DECIDES? WELL, I, I THINK ULTIMATELY WHAT IS GONNA HAPPEN IS THIS IS GONNA BE A RECOMMENDATION AS TO WHAT GOES INTO WHAT TIERS.
AND SO THAT'S GONNA BE A DISCUSSION AMONGST THE GROUP THAT'S THERE, ALONG WITH INPUT FROM, FROM ERCOT AS WELL, A RECOMMENDATION TO WHO ULTIMATELY IT THAT WE ARE A COMMITTEE TO THE, WE ARE, WE'RE ESSENTIALLY A WORKING GROUP OF THE TAC.
SO THE TAC THE TAC ULTIMATELY HAS THE, THE, THE FINAL, THE FINAL THOUGHT SAY IN TERMS OF WHAT THE RECOMMENDED SET OF RANKINGS THAT THE PARTICIPANTS ARE HANDING OVER.
THIS FEELS A LITTLE, IT DOES AND DOESN'T FEEL LIKE WHAT KAISO DOES, THEY PULL 'EM DISCRETIONARY, NON-DISCRETIONARY, WHICH IS TIER ONE WOULD BE NON-DISCRETIONARY.
TIER TWO WOULD BE DISCRETIONARY.
UM, I, THERE'S SOME COMPLEXITIES ABOUT HOW IT WORKS, OR SOME DISADVANTAGES.
UM, I GUESS I LIKE THE FACT THAT IT'S A RECOMMENDATION TO T SO THEN THE ULTIMATE ARBITRATOR IS THE STAKEHOLDER BODY, WHEREAS, YOU KNOW, IN KAISA THEY DON'T HAVE THAT BENEFIT.
SO I, I DO MAKE THAT DISTINCTION.
UM, AND IF I'M TO TEASE THIS OUT, OR IS THIS A YEARLY PROCESS THAT YOU PLAN ON COORDINATING WITH STAKEHOLDERS EVERY YEAR? WELL, I THINK ULTIMATELY, UM, WE, WE'D LIKE TO DO THIS, IT, IT PROBABLY GONNA BE A LITTLE MORE THAN YEARLY.
AND, AND I'M FAMILIAR WITH THE CAL ISO PROCESS.
AND, AND YEAH, THEY, THEY KIND OF, IT'S AN ANNUAL PROCESS.
I DON'T, I DON'T KNOW THAT WE HAVE THAT STRUCTURE YET.
I THINK WHAT WE'RE TRYING TO DO RIGHT NOW IS SOLVE A PROBLEM.
AND THE PROBLEM IS HOW DO WE MANAGE THE POST RTC WORKFLOW, RIGHT? AND, UM, I THINK THAT THAT'S REALLY IMPORTANT FROM OUR PERSPECTIVE IS HOW DO WE MANAGE WHAT WE'RE WORKING ON? AND, UM, AND SO WHAT I WOULD ENVISION IS IF WE'RE GONNA HAVE TO, WE'RE GONNA HAVE TO DO THIS AGAIN.
UM, AND IT COULD BE SIX MONTHS FROM NOW, UM, IT COULD BE, IT COULD BE SHORTER OR LONGER, BUT MY SENSE IS WE'RE GONNA HAVE TO REVISIT IT.
AND PART OF THAT GETS TO IS, HEY, WELL, WHAT IF SETH HAS A GREAT IDEA THAT'S LIKE, WOW, I, I GOT AN IDEA THAT'S GONNA CHANGE THE WAY WE DO THINGS THAT SAY ON, YOU KNOW, THE MARKET DESIGN ON SOMETHING THAT'S WONDERFUL.
BUT IF WE SAY, HEY, WELL, WE'RE GONNA GET THAT A YEAR FROM NOW, YOU KNOW, MAYBE, MAYBE IT'S MORE IMPORTANT TO DO SOONER, RIGHT? AND SO, GOTTA HAVE A PROCESS TO GET NEW IDEAS IN.
AND SO WE'LL REVISIT THIS, UM, DOWN THE ROAD A LITTLE BIT AND SAY, OKAY, YOU KNOW, WE'VE CREATED THIS FOUNDATION AT THIS WORKSHOP, AND THEN ARE THERE, DO WE HAVE TO TWEAK THE RANKINGS A LITTLE BIT AS WE MOVE FORWARD? AS, AS THERE MAY BE SOME NEW THINGS THAT COME UP AND WE NEED TO CONSIDER SOME NEW IDEAS.
AND THEN I THINK YOUR POINT IS, HEY, SOME OF THESE OTHER PLACES LIKE
I'M NOT SAYING THIS IS, THIS IS GONNA REPLACE THAT, BUT, YOU KNOW, UM, YOU KNOW, IT DEPENDS.
THE ONLY CHALLENGE THAT I'M SEEING IS YOU, YOU GET YOUR MPR APPROVED, YOU HAVE THE RANKING COMING OUT OF PRS MM-HMM
AND THEN IF WE OPEN UP THIS PROCESS, I DON'T KNOW HOW OFTEN IT FEELS LIKE THERE'S THIS CONSTANT TENSION BETWEEN WHETHER OR NOT YOU'RE ACTUALLY GOING TO IN, UH, IMPLEMENT AN APPROVED NPRR.
AND IF I GO BACK LIKE FIVE YEARS AGO, THAT TENSION SORT OF EXISTED, BUT IT WASN'T AS ACTIVE AS IT IS NOW.
SO AT SOME POINT, I FEEL LIKE WE'VE GOT THIS BACKLOG WE'RE CONTENDING WITH, AND MAYBE THIS, THIS NEEDS TO BE A ONE TIME PROCESS TO CONTEND WITH THIS BACKLOG THAT WE'VE HAD, BECAUSE I'VE NEVER, IN MY HISTORY OF BEING AN ARCHIVE SEEN SUCH A LARGE BACKLOG THAT WE HAVE TODAY.
THEN THE OTHER SIDE OF THE COIN IS WE NEED TO UNDERSTAND WHAT THE RESOURCES ARE AVAILABLE TO GET THROUGH THAT BACKLOG.
'CAUSE ULTIMATELY THAT DECIDES THE CUT POINT.
SO, YOU KNOW, UNDERSTANDING WHERE THAT CUT POINT IS, IE HOW MUCH RESOURCE ERCOT HAS TO TAKE ON, YOU KNOW, THE SET OF BACKLOG WOULD BE VERY HELPFUL WHEN WE GO THROUGH THE PROCESS.
AND THAT'S, AND THAT'S WHY PARTICULARLY FROM OUR GROUP, WE'LL BE INVOLVED IN THAT PROCESS, RIGHT? SO KEITH, DAVE, OTHER, MATT, YOU KNOW, FOLKS LIKE THAT.
UM, BUT IT'S NOT JUST, THERE'S PIECES TO THIS THAT YOU'RE TALKING ABOUT.
SO THERE'S, THE BACKLOG EXISTS FOR A COUPLE REASONS, RIGHT? ONE IS, YOU KNOW, WHEN WE'RE DOING THIS NPR PROCESS, RIGHT? IS, HEY, WAIT A SECOND, WE'VE GOT A LOT OF PEOPLE THAT ARE FOCUSED ON RTC RIGHT NOW THAT DON'T HAVE TIME TO FOCUS ON SOME OF THESE INITIATIVES AS THEY'RE MOVING THEIR WAY THROUGH THE PROCESS, RIGHT? SO THAT'S PROBLEM NUMBER ONE.
PROBLEM NUMBER TWO IS YOU COULD PASS A
[02:25:01]
MILLION N PRRS, THERE'S NOT ENOUGH.IT, YOU KNOW, THIS GETS TO TROY'S PROBLEM, THERE'S NOT ENOUGH IT PEOPLE TO MAKE THIS STUFF WORK, RIGHT? THERE'S ENOUGH VENDORS OR IT PEOPLE.
SO WE GOTTA SORT OF MANAGE THAT PROCESS TOO.
SO WE GOTTA MANAGE WHAT'S COMING INTO THE RESERVOIR AND WHAT'S GOING OUT OF THE RESERVOIR, RIGHT? AND I THINK YOUR POINT IS, IF WE DO AN EFFECTIVE JOB IN AN ORDERLY WAY, WELL, WE SORT OF MOVE THROUGH THE BACKLOG AND, YOU KNOW, THEN THE STREAM JUST FLOWS NORMALLY AND WE DON'T HAVE TO WORRY ABOUT THIS ANYMORE.
IF WE CAN DO THAT AND GET TO THAT POINT, GREAT.
UM, IT'S JUST THE BACKLOG IS, AS RE NOTED, IS, IS IS LARGE, AND IT COULD BE YEARS
SO IT ALREADY HAS BEEN, I MEAN, THERE'S, THERE'S GUYS LINGERING OUT THERE THAT HAVE BEEN THERE FOR LIKE FOUR TO FIVE, I THINK.
YEAH, SETH, WHY DON'T WE TAKE SOME OF THE SOFTLINE, BUT, BUT, SO, SO YEAH, I THINK THERE'S TWO DIFFERENT PROBLEMS THAT AS, AS YOU IDENTIFIED, THERE'S, THERE'S A BACKLOG.
WE, WE CERTAINLY HAVE A BRS PROCESS THAT, THAT TROY RUNS IN, IN ORDER TO MANAGE THAT.
AND, AND WE'RE NOT TRYING TO REPLACE THAT.
UM, BUT, BUT BASICALLY KEITH CAME TO CAC LEADERSHIP AND SAID, I NEED STAKEHOLDERS HELP.
WE ARE, WE'RE TRYING TO DELIVER RTC ON TIME.
WE HAVE THESE LEGISLATIVE DIRECTIVES LIKE DRS AND FIRMING, AND WE HAVE A EXISTING BACKLOG.
SO WE'RE CONTEMPLATING THIS AS SORT OF A SOLUTION TO THAT PROBLEM.
SO IT MIGHT, YOU KNOW, QUARTERLY WORKSHOPS FOR A SHORT PERIOD OF TIME.
I, I DON'T THINK THAT WE ARE AT THE PLACE YET WHERE WE ARE CONTEMPLATING THIS AS A, A YEARLY PROCESS LIKE KAISO OR, OR NEW YORK ISO.
UM, I, I DON'T THINK WE'RE RULING THAT OUT, BUT, BUT THAT'S NOT THE IMPETUS FOR THIS.
DOES THAT MAKE SENSE? YEAH, THAT IS CORRECT.
AT THIS TIME WE'RE TRYING TO WORK THROUGH THE PROCESS, BUT, BUT ONE THING I DO WANNA MAKE CLEAR TOO IS PARTICULARLY FOR MY STAFF, IS THAT WE ARE SORT OF LIKE A, UH, WE WORK ON THE DESIGN, WE WORK ON THE IMPLEMENTATION, RIGHT? YEP.
AND SO WHEN YOU, YOU HAVE THESE REALLY COMPLICATED PROCESSES, WHETHER IT'S RTC OR MAYBE IT'S FIRMING OR DRRS, THAT THAT STAFF HAS TO WORK THROUGH THAT WHOLE PROCESS, AND WE KEEP KIND OF PILING STUFF ON, WE'RE GONNA END UP RIGHT BACK WHERE WE ARE.
SO WE JUST, WE GOTTA BE MINDFUL ABOUT IT.
AND SO WHAT, WHAT WE GOTTA DO IS SOLVE THE CURRENT PROBLEM, RIGHT? AND THEN WE'LL, WE'LL WORK ON THE OTHER THINGS AS WE MOVE FORWARD.
THANK YOU FOR LETTING ME RUN, RUN THROUGH THOSE QUESTIONS.
WE CAN CONTINUE TO TALK OFFLINE TOO.
UM, THERE'S, THERE'S BEEN A LOT OF WORK PUT INTO THIS, OBVIOUSLY, IF, IF YOU'D LIKE MORE INPUT.
I, I THINK THE CONVERSATION, Y'ALL JUST HAD REALLY ADDRESSED THE QUESTION.
SO, UM, I CAN PASS THE MIC TO BETH THAT I ALSO, UH, UH, APPRECIATED THE CONVERSATION.
I, I WILL ALSO, UH, PULL OUT MY, UH, PERSON WHO'S BEEN AROUND FOR DECADES CARD AND SAY THAT THIS IS ABOUT THE THIRD ITERATION OF NEW ERCOT LEADERSHIP THAT SAYS, HEY, WE GOTTA FIGURE OUT HOW TO LIMIT ALL THESE NPR R THAT ARE COMING OUR WAY.
SO, UM, IT FEELS LIKE WE'VE BEEN THROUGH THIS BEFORE.
I DO THINK THE IMPLEMENTATION OF RTC HAS CREATED A SIGNIFICANT BACKLOG, AND IT MAKES SENSE TO STOP AND, AND LOOK AT WHAT'S THERE AND, AND DEVELOP A GAME PLAN GOING FORWARD.
AND IF WE START WITH THAT AS THE, AS THE OBJECTIVE, THAT, THAT MAKES ENTIRE SENSE TO ME.
UM, I, I WAS JUST GONNA MAKE A COMMENT ABOUT THIS, AND, AND IT IS THAT, YOU KNOW, THIS IS A, A REEVALUATION OF, IN MOST CASES, WHAT WE'VE BEEN TALKING ABOUT IS ALREADY APPROVED, UH, N PRRS.
AND THAT'S THE PART THAT I WOULD FIND CONCERNING IS, UH, AT, AT SOME POINT THIS COULD FEEL LIKE, YOU KNOW, GETTING A ANOTHER BITE AT THE APPLE OF WHETHER OR NOT THIS SHOULD EVER HAVE BEEN APPROVED.
AND I HOPE WE DON'T END UP THERE AND END UP, YOU KNOW, DOING THIS AND KICKING THE CAN DOWN THE ROAD AND FINALLY GOING, JUST THROW IT AWAY.
SO I, I'M A LITTLE CONCERNED ABOUT THAT ON THE FLIP SIDE.
AND, AND, AND ROY, I THINK THAT'S, THAT'S, IT'S, IT'S A GOOD POINT.
ALTHOUGH I, I WILL SAY, I, YOU LOOK AT THE, THE LIST THAT WE ALREADY HAD AT PRS, THERE ARE SOME ITEMS ON THERE THAT ARE RECOMMENDED FOR REMOVAL, RIGHT? AND PART OF THAT IS, AS IT, IT GETS TO
[02:30:01]
THE STUFF COMING INTO THE STREAM, RIGHT INTO THE RESERVOIR, AND THE STUFF THAT CAN GO OUT, THE PROBLEM THEN BECOMES, RIGHT, YOU GOT SOME NEW STUFF THAT'S JUMPING OVER IN TERMS OF PRIORITY, RIGHT? AND SOME OF THAT'S BEING, COMING DOWN FROM ABOVE.ACTUALLY, A LOT OF THAT'S COMING DOWN FROM ABOVE.
AND, AND WE'LL, WE'LL HAVE THAT LIST TOO, RIGHT? SO WHEN YOU LOOK AT THE ULTIMATE LIST, YOU'RE GONNA SEE THE LIST OF, HEY, HERE'S THE THINGS THAT HAVE BEEN HANDED US THAT WE'VE GOTTA DO IN THE NEXT COUPLE YEARS, RIGHT? AND, AND YEAH, THERE MAY HAVE BEEN SOMETHING THAT WAS SIX, SEVEN YEARS AGO IN THE MAKING THAT IS IT A PRIORITY RELATIVE TO WHAT WE'VE GOTTA DO NOW, YOU KNOW, YOU CAN, YOU CAN TAKE THAT UP WITH THE LEGISLATURE, I SUPPOSE, BUT, YOU KNOW, WE'VE GOTTA MAKE THIS WORK.
AND THE ANSWER ISN'T JUST, HEY, LET'S JUST HIRE A BUNCH OF MORE PEOPLE.
AND SO WE'VE GOTTA MANAGE THAT AND HAVE THAT PROCESS SO WE CAN MANAGE WHAT'S COMING IN AND MANAGE WHAT'S COMING OUT SO THAT ULTIMATELY WE DON'T END UP IN THIS PROCESS.
RIGHT? AND SO, YOU KNOW, UH, THERE ARE MANY REASONS WHY WE'RE HERE.
UM, I'M JUST TRYING TO SOLVE A PROBLEM, UH,
'CAUSE WE CAN'T DEAL WITH WHAT'S COMING IN AND BE EFFECTIVE ON, ON IMPLEMENTATION AS WELL.
AND IT'S JUST GONNA MAKE EVERYBODY MISERABLE BECAUSE, BECAUSE YOU, YOU WE'RE NOT PRO WE'RE NOT PLANNING ON HOW TO PROCESS THINGS THROUGH THE SYSTEM, AND THINGS ARE JUST BUNCHING UP, RIGHT? SO WE'RE JUST TRYING TO CREATE THAT ORDER.
UH, I WAS JUST TRYING TO POINT OUT THAT THERE MAY BE SOME THINGS THAT END UP GOING BY THE WAYSIDE AFTER THEY, YOU KNOW, WERE DISCUSSED FOR, YOU KNOW, A COUPLE OF YEARS AND THEN WENT THROUGH THE WHOLE PROCESS OF GETTING APPROVED, AND NOW THEY END UP GETTING TOSSED AWAY.
SO I JUST WANTED TO POINT THAT OUT, KEITH.
ANY OTHER QUESTIONS FOR KEITH? KEITH, DID YOU GET THROUGH YOUR PROJECT OR DID WE JUST STOP TO THE QUESTIONS? LET, YEAH, LET ME JUST SORT OF SEE WHAT'S MY NEXT SLIDE.
AH, YEAH, SO I MENTIONED THIS EARLIER, BUT THESE ARE THE THINGS TO THINK ABOUT, RIGHT? IS, YOU KNOW, IF YOU, I THINK IT WAS ONCE DESCRIBED AS A PARKING LOT OR TIER, RIGHT? SO WHAT WE HAVE IS THE CRITICAL YEAH, THAT'S GONNA GET DONE REGARDLESS.
THEN WHAT'S HIGH PRIORITY? WHAT'S KIND OF A MEDIUM PRIORITY, WHICH FITS BEHIND THOSE THINGS? WHAT ARE WE NOT GONNA WORK ON AT THE MOMENT? AND THERE MAY BE VARIOUS REASONS FOR THAT.
UM, AND THEN WHAT'S A POTENTIAL CANDIDATE FOR REMOVAL? THE, THE WORLD MAY HAVE CHANGED, UNFORTUNATELY.
UM, UH, AND, AND A GOOD EXAMPLE OF THAT IS WHAT IF YOU HAD SOMETHING THAT SAYS, OKAY, WE WANNA TWEAK THE ORDC.
WELL, TWEAKING THE RDC DOESN'T REALLY MEAN ANYTHING ANYMORE IN AN A SDC KIND OF WORLD, AND SO IS, YOU KNOW, CAN YOU REALLY IMPLEMENT THAT ANYMORE? UM, AND SO ANYWAY, SO THINGS TO THINK ABOUT IN TERMS OF HOW YOU MIGHT WANT TO DO IT.
AND THE REALITY IS, WHEN YOU DO LOOK AT THE RANKING, UM, THERE IS KIND OF A, A NORMAL DISTRIBUTION THAT HAS KIND OF NATURALLY COME OUT.
WE DO HAVE MORE MEDIUM LEVEL PRIORITIES ON THE ERCOT LIST, AND, AND WE'LL FIGHT BACK TOO
LET'S HAVE HAVE A SET OF THINGS THAT, THAT ARE GONNA BE MANAGEABLE SO THAT WE CAN MOVE THROUGH, YOU KNOW, WHAT'S COMING IN AND WHAT'S GOING OUT OF THE SYSTEM IS DOABLE EFFECTIVELY AND AS QUICKLY AS WE CAN.
BUT WE WANNA HAVE AN OPPORTUNITY TO SAY, WHAT IS THAT RANKING LOOK LIKE RELATIVE TO EVERYTHING THAT'S GOING ON? SO WE CAN DO THAT EFFICIENTLY AND EFFECTIVELY, UH, FOR, FOR, UH, FOR EVERYBODY.
ANYWAY, THAT'S, I BELIEVE THAT'S ALL I HAVE.
UM, I JUST ONE MORE SLIDE, BUT I THINK WE'RE, WE'RE DONE.
THERE'S A QUESTION FROM KATHY, I BELIEVE THAT WAS ALREADY HANDLED, BUT I MIGHT NEED SOMEBODY FROM ERCOT LEGAL TO WEIGH IN ON THAT.
SO I THINK YOU'RE TALKING ABOUT REVISION REQUESTS THAT WERE APPROVED WITHOUT COMMISSION APPROVAL.
I THINK, YEAH, I, I DON'T, KATHY, DO YOU WANNA GO AHEAD AND ASK YOUR QUESTION? YEAH, GO AHEAD.
CAN YOU HEAR ME? YEAH, WE CAN HEAR YOU.
UM, I'VE GOT ALLERGIES BIG TIME.
UH, I JUST WANTED TO KNOW WHETHER OR NOT THEY HAD TO GO THROUGH, BACK THROUGH THE, UM, GOVERNANCE PROCESS, SINCE EVERYTHING NOW HAS TO GO THROUGH THE COMMISSION, UH, EVEN THOUGH THOSE OLDER, UH, PRO OLDER PROJECTS
[02:35:01]
MAY HAVE BEEN PRIOR TO THAT BEING A, A, A REQUIREMENT OR, OR A RECOMMENDATION.SO I BELIEVE THAT HAPPENED ALREADY.
BUT KEITH, IF YOU, YOU DON'T KNOW THAT MAYBE REBECCA CAN CONFIRM.
NO, I, I CAN, I CAN ANSWER THIS QUESTION AND, AND SAY LIKE, SO TO THE EXTENT THAT THERE'S AN AN NPR THAT'S IN THE QUEUE, AND THERE ARE NO, THERE, THERE'S, THERE'S NO, UM, NEED TO RE REVISE ANYTHING.
SO IN SOME CASES, THERE MAY REQUIRE SOME REVISIONS.
THOSE WOULD HAVE TO GO BACK, YOU KNOW, IT'S, THEY'RE GONNA HAVE TO GO THROUGH THE PROCESS AGAIN, AND THE COMMISSION WILL HAVE TO EVALUATE WHAT, WHAT'S, YOU KNOW, WHAT'S THERE.
AND, UM, A GOOD EXAMPLE COULD, COULD BE WITH THE RTC, RIGHT? SO WE'RE, WE'VE GOT NEW RTC THINGS THAT WE'RE CHANGING, EVEN THOUGH THAT WAS DEALT WITH YEARS AGO, 20, YOU KNOW, 2019 OR WHENEVER.
SO, UM, SO THAT'S AN EXAMPLE OF, WELL, THINGS ARE CHANGING, AND SO THEY HAVE TO LOOK AT THE THINGS THAT CHANGED.
UM, AND THERE WERE SOME DISCUSSIONS ABOUT SOME PREEXISTING THINGS THAT WERE DONE TO CREATE THE ASCS, RIGHT? AND SO, UM, IF THERE'S A CHANGE, THERE'S A CHANGE.
IF THERE'S NO CHANGE AND IT'S JUST KIND OF IMPLEMENTING SOMETHING THAT ALREADY PASSED, I, I, MY MY SENSE IS THAT, YOU KNOW, THAT WILL JUST BE IMPLEMENTED, UM, YOU KNOW, ON ON TRACK WITHOUT ANY, ANY, UM, FURTHER INTERACTION WITH, UH, THE COMMISSION, ASSUMING THERE'S NO CHANGE.
THANK, THANK YOU FOR THE ANSWER.
YEAH, SORRY, KEITH, I'M NOT GONNA LET YOU OFF THAT EASY 'CAUSE I'M NOT SURE YOU ANSWERED HER QUESTION.
SORRY, I, I TRIED TO AT THE BEGINNING.
AND THEN I THINK, YEAH, LEMME TRY.
SO WE GOT SOME NPRS SITTING IN THE QUEUE THAT AREN'T IMPLEMENTED, THAT WERE APPROVED UNDER THE PRIOR REGULATORY REGIME WHERE THE PUC WAS JUST NOTIFIED.
SINCE THEN, THE PUC NOW HAS TO SPECIFICALLY AUTHORIZE OR APPROVE ANY, ANY NPRS.
WHAT I THINK I HEARD YOU HINT AT IS THAT AN APPROVED NPR, REGARDLESS OF REGIME, IS STILL AN APPROVED NPRR, AND IT'S NOT AN ISSUE.
AND I JUST WANT YOU TO CONFIRM THAT THAT'S, THAT'S WHAT YOU MEANT TO SAY THAT AN APPRO OKAY.
JUST, JUST, JUST TO MAKE SURE I GET YOUR WORDS RIGHT.
SO AN APPROVED NPR IS, IS NOT AN ISSUE WITH THE COMMISSION, IS WHAT YOU'RE SAYING? I AND, AND N ON AN NPR RR YEAH, BETH, I'M NOT SURE THOSE EXIST.
I, I BELIEVE THERE WAS A PROCESS WHEREIN THE APPROVED ONES THAT HADN'T BEEN IMPLEMENTED WERE, WERE CAUGHT UP TO SPEED ON THAT COMMISSION APPROVAL AFTER SB TWO OR SB THREE.
THAT'S WHY I WANTED REBECCA, OR, OR CUT LEGAL TO WEIGH IN.
I BELIEVE THAT HAPPENED, BUT I'M NOT SURE.
SO, SO KEITH, YOU KNOW, WE, WE CAN FOLLOW, THERE WAS COMMISSION.
YEAH, WE, WE CAN FOLLOW UP WITH THE, THE OFFICIAL RESPONSE TO THAT QUESTION.
THANK YOU, UM, FOR THE, UH, TIME, I JUST WANTED TO, DIDN'T KNOW EXACTLY WHAT THE PROCESS WOULD BE IF THERE HAD TO BE DONE THAT WAY, UM, AND, AND BE REEVALUATED AND, AND TAKING UP MORE TIME TO DO THAT REEVALUATION.
MATT ARTHUR WITH, UM, ERCOT LEGAL.
I, I AGREE WITH WHAT KEITH HAS SAID, WHICH IS THAT ALL N PRRS APPROVED PRIOR TO THE CHANGE IN PUR REMAIN APPROVED AND DON'T NEED TO GO BACK TO, UH, TO THE GOVERNANCE PROCESS.
I THINK THAT'S WHAT YOU'RE ASKING BETH AND KATHY.
AND, UH, UM, I'M NOT AWARE OF ANY OVERARCHING MASTER, UH, INITIATIVE TO, TO SORT OF BLESS THOSE, UM, THAT HAPPENED BEFORE THE CHANGE IN PIRA, BUT I DON'T THINK THAT THAT'S NECESSARY.
I THINK THAT IT'S, UM, THEY WERE APPROVED UNDER THE LAW AS IT EXISTED AT THAT TIME.
AND, UH, ANY REVISION REQUESTS BROUGHT AFTER THAT PIRA STATUTE BECAME EFFECTIVE WOULD GO THROUGH THE CURRENT PROCESS.
I THOUGHT I REMEMBERED WHERE WE HAD KIND OF A BACKLOG OF ONES THAT HAD TO BE APPROVED RIGHT AFTER
[02:40:01]
THAT.WELL, BUT I, I GUESS I'M WRONG.
ANY OTHER QUESTIONS? HEY, WE WILL SEE KEITH AT THE WORKSHOP.
LET'S GO TO OUR NEXT ITEM, WHICH IS THE MARKET NOTICE RELATED TO NOER 2 45.
ERIC GOFF, DO YOU WANNA KICK THIS ONE OFF? SURE.
UM, ERIC GOFF, ON BEHALF OF NEXTERA AND THE NO GOOD 2 45 ERS, UM, WE JUST, UH, HAD SOME QUESTIONS AROUND THE, UH, TIMING, UM, IN THE MARKET NOTICE AND OUR CONTACT EXPECTATIONS AROUND THAT.
UM, IT'S, IT'S, I KNOW THERE MAY BE A NUMBER OF PEOPLE THAT MIGHT WANNA JUMP IN THE QUEUE TO ASK MORE SPECIFIC QUESTIONS, UM, BUT, UM, IN GENERAL, UM, JUST WANTED TO UNDERSTAND KIND OF WHAT LED TO THAT MARKET NOTICE AND, UM, YOU KNOW, WHAT THEIR CONTACT EXPECTATIONS ARE OR WHAT THEY'LL RECEIVE.
UM, SO FOR EXAMPLE, THERE WAS DISCUSSION ABOUT MISSING INFORMATION, AND THE MARKET NOTICE DESCRIBES THAT, UM, AN EXTENSION MIGHT BE ASSUMED TO BE NO LONGER NEEDED UNLESS A REASON, UM, IT'S PROVIDED, IT, IT SEEMS LIKE THEY'RE JUST THE POTENTIAL FOR AN ONGOING PROCESS AND WANTED TO HAVE A CHANCE TO TALK ABOUT IT IN A PUBLIC WAY.
UM, AND, AND SOME OTHER, UM, FOLKS MIGHT HAVE, YOU KNOW, MORE EXTENSIVE QUESTIONS AND WOULD BE HAPPY TO, TO HEAR FROM ERCOT ABOUT THAT, YOU KNOW, FOLLOWING THE RESPONSE HERE.
HI, THIS IS ANDY GALLA FROM ERCOT LEGAL.
UM, WHAT I WOULD JUST RECOMMEND IS THAT Y'ALL ATTEND THE WORKSHOP ON AUGUST 8TH, AND, YOU KNOW, WE CAN ADDRESS ALL THE DIFFERENT QUESTIONS AND ISSUES.
I MEAN, OBVIOUSLY WE'LL START WITH SOME PRESENTATIONS, BUT, UM, WE CAN KIND OF HANDLE EVERYTHING THERE.
CAN YOU ALL HEAR ME OKAY? I CAN HEAR SOMEBODY.
UM, THIS IS MARIO FROM, FROM ER, MARIO DE LA GARZA.
ONE THING I WANT TO ADD FOR THIS WORKSHOP ON AUGUST 8TH, WE'LL BE POSTING THE AGENDA BY FRIDAY OF THIS WEEK.
SO HAD I SECOND ON WHAT ANDY SAID EARLIER, WHICH IS I ENCOURAGE YOU ALL TO JOIN THE, THE WORKSHOP IS GONNA BE IN PERSON, AND ALSO THERE'S GONNA BE A WEBEX OPTION, SO PLEASE DO NOT HESITATE JOINING.
WE HAVE SOME MATERIAL TO PRESENT, BUT WE'LL BE THERE TO ANSWER ANY QUESTION YOU ALL MIGHT HAVE.
WE HAVE A QUEUE, UM, TO GO TO KEN.
HEY, MARIO, THANKS FOR THE UPDATE ON THE AGENDA.
WILL THE PRESENTATION MATERIAL BE AVAILABLE BEFORE THE MEETING? NOW? I DON'T MEAN THE TRY DAY BEFORE.
WE'D LIKE A COUPLE OF DAYS, PLEASE.
YEAH, KEN, WE'LL TRY OUR BEST.
UM, I WAS CURIOUS, IS ERCOT PLANNING TO SEND, UM, SPECIFIC DETAILS ABOUT DEFICIENCIES TO THE INDIVIDUAL RESOURCE OWNERS IN ADDITION TO THE, THE, THE BROAD NATURE OF THE, THE MARKET NOTICE? NO, ORCAS NOT, NOT ANTICIPATING DOING THAT.
WE WOULD HAVE TO SEND OUT 700.
THAT'S WHY WE PUT THE CATEGORIES THERE IN THE MARKET NOTICE.
SO I THINK IT WOULD, I SUSPECT THAT, UM, YOU, YOU MAY, YOU MAY HEAR THIS AND FROM A NUMBER OF FOLKS, BUT YOU KNOW, THE BROAD CATEGORIES AREN'T NECESSARILY HELPFUL FOR FOLKS THAT ARE TRYING TO DETERMINE WHAT ARE CUT DEEMED DEFICIENT ABOUT THE INFORMATION PROVIDED.
UM, SO IT, YOU MAY GET SOME ADDITIONAL, UH, FOLLOW UP QUESTIONS FROM, FROM INDIVIDUAL RESOURCE ENTITIES.
UM, AND I'M GUESSING THAT'S NOT SOMETHING THAT CAN BE HANDLED IN THE WORKSHOP.
WHAT'S THE, WHAT'S THE BEST PATH FOR GOING DOWN THAT? YEAH, I MEAN, THERE'S, THERE, THERE'S, THERE'S DEFINITELY CATEGORIES INTO WHICH THE
[02:45:01]
DEFICIENCIES FELL.WE TRIED TO SUMMARIZE THEM, YOU KNOW, IN, IN THE NOTICE.
UM, YOU KNOW, UH, WHAT I WOULD JUST DO IS ENCOURAGE COMPANIES, AND WE'RE, WE'LL TALK ABOUT THIS MORE AT THE WORKSHOP, RIGHT? BUT LOOK AT WHAT WAS IN THE DOCUSIGN TEMPLATE AND COMPARE THAT TO WHAT YOU SENT.
AND I, WELL, I, I WOULD THINK THAT IT MIGHT BECOME APPARENT WHERE THE DEFICIENCIES WERE, YOU KNOW, FOR EXAMPLE, YOU KNOW, WE, WE GOT LOTS OF ANSWERS THAT SAID, WE, WE DON'T KNOW, RIGHT? AND, AND, YOU KNOW, YOU SHOULD KNOW THAT'S DEFICIENT, RIGHT? BUT I MEAN, I'M NOT SAYING IN GENERAL THE MARKET PARTICIPANTS SHOULD KNOW THAT WAS DEFICIENT OR, YOU KNOW, OR WE'LL, WE'LL LET YOU KNOW SEVERAL MONTHS FROM NOW THAT THAT'S, THAT'S NOT AN ANSWER.
AND I AM GUESSING THAT A LOT OF THOSE WERE RELATED TO OEM DE, UM, DEPENDENCIES.
I WOULD SAY THAT'S A FAIR STATEMENT.
UM, WELL, IT WOULD BE HELPFUL FOR KA TO, UM, YOU KNOW, PERHAPS AT THE WORKSHOP TO, UM, PROVIDE A LITTLE MORE COLOR AROUND HOW RESOURCE ENTITIES SHOULD BE CONVEYING, UH, OEM DEPENDENCIES IN THE RESPONSES OR IN THE UPDATED, UM, MATERIALS.
WE'RE GONNA, WE'RE GONNA, FOR, FOR THE MARKET NOTICE, YOU KNOW, WE CAME UP WITH THOSE THREE BROAD DESCRIPTIONS AT THE WORKSHOP WE'RE GOING TO SHOW, UH, BECAUSE MANY, MANY OF THE RESPONSES ARE VERBATIM.
AND SO, YOU KNOW, WE'LL GET INTO EXAMPLES OF THIS IS THE KIND OF ANSWER WE GOT.
THIS IS WHY IT'S NOT ACCEPTABLE.
AND, YOU KNOW, THAT'S SORT OF THE PLAN AT THE WORKSHOP.
WELL THEN THAT, WE'LL, WE'LL SEE.
LOOK FORWARD TO THE, THE WORKSHOP TO HELP CLARIFY THAT.
UM, IT MAYBE JUST AS A GENERAL, UH, AND THIS IS NOT SPECIFIC JUST TO THIS MARKET NOTICE, BUT THIS IS ONE, JUST ONE VERY RECENT EXAMPLE.
I'VE GOTTEN A LOT OF QUESTIONS ABOUT THIS FROM, FROM LOTS OF DIFFERENT FOLKS, UM, NOT NECESSARILY THAT ARE FROM SURPRISING AREAS,
UM, AND I THINK MAYBE THE, UH, THIS IS ONE OF THOSE THINGS THAT I DON'T THINK IS EVER GONNA BE PERFECT, BUT, YOU KNOW, JUST IN TERMS OF TRYING TO, UH, ALWAYS, UH, YOU KNOW, IMPROVE UPON OUR, OUR COMMUNICATIONS, YOU KNOW, THIS MUCH, THE, THE AMOUNT OF DETAIL IN THE, IN THIS PARTICULAR MARKET NOTICE GRADED, I THINK MORE, SOME, YOU KNOW, NOISE TO SIGNAL RATIO, UM, STRUGGLES AND A LOT OF CONFUSION, UM, ABOUT WHAT EXACTLY IT WAS, IT WAS, YOU KNOW, STATING AND APPLYING.
AND, AND CERTAINLY YOU, YOU WORK THROUGH IT, YOU CAN GET THERE, UH, TO SOME DEGREE.
BUT, UM, I, I THINK THAT'S JUST A, UM, JUST SOMETHING I WANTED TO FLAG AS A PSA IN, IN MARKET NOTICES IN GENERAL IS AS WE, YOU KNOW, SEE A, A LARGE QUANTITY OF THEM AND, AND THEY HAVE SIGNIFICANT ITY TO THEM, UM, IT CAN BE SOMETIMES DIFFICULT FOR FOLKS TO, TO TAKE THOSE AND DIGEST THEM AND, UM, AND MAKE SURE THAT, YOU KNOW, ALL OF THE INFORMATION'S BEING TAKEN IN AND REACTED TO THOSE ARE COVERED.
LIKE, I, I, I APPRECIATE THAT.
AND, UM, YOU KNOW, IF YOU WANT IT OFFLINE, IF YOU WANNA REACH OUT AND SHOW ME, YOU KNOW, PARTS OF WHERE YOU THOUGHT MAYBE WE WERE OVERLY WORDY OR, YOU KNOW, WHERE YOU MIGHT HAVE THOUGHT THAT THERE WAS SOME SUGGESTIONS.
I CAN, I CAN TELL YOU WITH THIS PARTICULAR MARKET NOTICE, A SIGNIFICANT NUMBER OF ERCOT SMES HAD INPUT, AND, YOU KNOW, I CAN JUST TELL YOU FROM MY PERSPECTIVE, WAS THAT WE SORT OF FIGURED GIVING MORE INFORMATION WAS BETTER THAN LESS.
BUT, YOU KNOW, MAYBE THAT WAS A BAD ASSUMPTION ON OUR PART.
WELL, I, IT'S NOT TO SAY THAT IT WAS A BAD ASSUMPTION AT ALL.
I AM, I AM, I AM BY NO MEANS ANYONE TO EVER CAST STONES FOR, UH, FOR WORDINESS.
SO, UM, IT'S REALLY JUST A, AN OBSERVATION BASED ON HOW I, I HEARD FROM FOLKS AND WANTED TO, WANTED TO FLAG THAT IS, UH, JUST A, SOMETHING THAT WE CAN PROBABLY ALL, UH, TRY TO TRY TO WORK TOWARDS.
I, I KNOW IT'S, I KNOW IT'S A NEVER PERFECT, UH, NEVER PERFECT, UH, WAY TO COMMUNICATE TO ALL PARTIES
[02:50:01]
IN ALWAYS.YEAH, I WOULD, I MEAN, I WOULD SAY ANYBODY WHO HAS A THOUGHT OR A COMMENT OR A SUGGESTION, I KNOW I'M CERTAINLY OPEN.
I DON'T, I DON'T GET INVOLVED IN ALL THAT MANY MARKET NOTICES, BUT, YOU KNOW, MOST OF THEM THAT I'VE BEEN INVOLVED IN, IN ON NOVA 2 45 OBVIOUSLY.
UM, BUT YOU KNOW, IF YOU WANT, IF YOU WANT, IF ANYBODY'S GOT SUGGESTIONS, I KNOW I'M OPEN AND I ASSUME EVERYBODY ELSE AT ERCOT IS OPEN TOO.
I'LL, UH, LOOK FORWARD TO THE WORKSHOP.
BOB MEYER? YEAH, JUST A HEADS UP, I SUSPECT YOU'RE GONNA HAVE TO ISSUE A MARKET NOTICE SIMILAR TO THIS FOR VOLTAGE RIDE THROUGH FOR LARGE LOADS.
ERCOT IS REQUESTING THE DATA FROM THEM BY AUGUST 31ST, AND MY UNDERSTANDING IS THE EARLIEST THE OEMS COULD POSSIBLY HAVE THAT DATA IS CLOSER TO DECEMBER.
SO WE'RE GONNA FACE THE SAME ISSUE ON VOLTAGE DRIVE THROUGH AS YOU'VE GOT HERE.
THE DATA IS SIMPLY NOT AVAILABLE, UH, AND WON'T BE FOR A WHILE.
SO THIS, THIS PROBABLY IS NOT THE ONLY MARKET NOTICE LIKE THIS, YOU'RE GONNA HAVE TO ISSUE.
ARE THERE ANY MORE QUESTIONS ABOUT THIS MARKET? NOTICE THE, THIS, THE REQUEST HERE IS DUE SEPTEMBER 15TH, AND THERE'S A WORKSHOP AUGUST 8TH, AND ADDITIONAL QUESTIONS CAN GO TO YOU, ANDY, IF AT ALL, CORRECT? YEAH, I MEAN, I THINK PROBABLY IF, IF IT'S A QUESTION ABOUT THE MARKET NOTICE, I WOULD SAY NOER TWO FORTY5@ERCOT.COM IS PROBABLY BETTER THAN SENDING IT DIRECTLY TO ME BECAUSE THERE'S, YOU KNOW, MARIO AND MYSELF AND KENNEDY AND OTHERS WHO ALL HAVE ACCESS TO THAT.
RATHER THAN JUST RELYING ON ME.
AND WOULD IT BE BETTER TO HAVE THOSE QUESTIONS AHEAD OF THE WORKSHOPS? I'LL, THIS IS, YEAH, I MEAN, IF YOU WANNA SEND IN QUESTIONS THAT THEY'D LIKE ANSWERED AT THE WORKSHOP, I, I MEAN, I, I DON'T WANNA SPEAK FOR EVERYBODY ON THE
IT SOUNDS LIKE THAT MIGHT BE HELPFUL.
ALRIGHT, ANY OTHER QUESTIONS OR COMMENTS ON THIS, UH, MARKET NOTICE? I, OKAY, AND THANKS FOR THAT.
SORRY, I ON THE, THE LOAD ONE AS WELL, BOB.
WE ARE TO OUR LEFT ITEM UNDER OTHER BUSINESS, WHICH IS THE, UM, TECH REPRESENTATIVES AT THE ANNUAL MEMBER SHIP MEETING.
UM, I THINK WE'VE BROUGHT THIS UP ONCE THIS YEAR ALREADY.
SO THIS IS, UM, I THINK WE STARTED THIS TWO YEARS AGO AT THE, THE ERCOT MEMBERSHIP MEETING IN DECEMBER AS WELL AS EXTERNAL SPEAKERS.
THE BOARD JUST ASKED FOR STAKEHOLDER SPEAKERS.
SO THE, THE FIRST YEAR WE DID IT, I SPOKE AND CLIFF SPOKE.
SO THAT'S THE GENERATOR AND CO-OP SEGMENT LAST YEAR.
UH, COLIN FROM ONCOURSE FOLKS, SO THAT'S THE IOU SEGMENT.
SO I WAS THINKING THIS YEAR THAT WE COULD GET SOMEBODY FROM, YOU KNOW, EITHER THE CONSUMER OR MAYBE THE, THE MOU SEGMENT.
UM, SO I, I WILL LET PEOPLE THINK ABOUT THAT AND VOLUNTEER.
AND IF YOU DON'T WANNA BE VOLUNTEERED, THEN DON'T ANSWER MY PHONE CALLS BECAUSE YOU WILL SEE PEOPLE I VOLUNTOLD ALL OVER THIS MEETING, LIKE AMANDA FRAZIER AND, UH, YOU KNOW, EVERYBODY, I VOLUNTEERED FOR THE STAKEHOLDER BOARD EDUCATION.
SO ANY THOUGHTS OR DISCUSSION THERE? I THINK WE HAVE SOME TIME ON THIS, ANN.
I DON'T KNOW WHEN WE NEED TO IDENTIFY SOMEBODY BY.
OKAY, WELL, WE'LL FIGURE IT OUT.
WHAT DID YOU SAY? DID YOU SAY OCTOBER? YEAH, I SAID POSSIBLY BY OCTOBER TECH.
I'VE REACHED OUT TO THOSE SEGMENTS.
WE HAVE A, A NEW PERSON ON, UH, THE CONSUMER SEC, TWO NEW PEOPLE ON THE CONSUMER SEGMENT.
UH, SO BETH, DEFINITELY DON'T ANSWER IF I CALL.
[02:55:01]
BUT YOU KNOW, I THINK THIS IS JUST TO GET MORE PERSPECTIVE FROM STAKEHOLDERS ON, YOU KNOW, WHERE, WHERE STAKEHOLDER WORK HAS BEEN, WHERE IT'S GOING, WHAT IT MEANS TO BE A MEMBER, THAT KIND OF THEME.I THINK WE'VE IN THE PAST ALIGNED THESE SPEECHES WITH, UM, THE STRATEGIC OBJECTIVES OF ERCOT AND, AND I THINK THAT'S GONE PRETTY WELL.
SO, SO THAT SHOULD PUT, SORRY TO, TO NOT LOG INTO THE, TO THE, UH, QUEUE HERE, BUT, UH, SO THAT SHOULD PUT EVERYBODY ELSE ON NOTICE THAT IF YOU DON'T WANT ME TO BE SAYING SOMETHING, YOU SHOULD VOLUNTEER.
WELL, I THINK YOU PUT YOURSELF ON THE SPOT BECAUSE NOW NO ONE WILL VOLUNTEER AND, AND YOU'LL BE STUCK DOING IT, BUT
UH, THAT I THINK THAT WORKS FOR EVERYBODY AS WELL.
WELL, I WILL LET, I HAD REACHED OUT PREVIOUSLY.
UM, I'LL ADD THOSE TWO NEW MEMBERS, UH, TO THOSE THREADS.
BUT I HAD REACHED OUT PREVIOUSLY TO THE, UM, CONSUMER AND MOU SEGMENT AND I, I WILL LEAVE IT WITH, WITH YOU GUYS.
[16. Combo Ballot (Vote)]
I THINK WE CAN NOW MOVE TO THE CONVO BALLOT, WHICH COREY HAS ON THE SCREEN, AND WE WILL NEED A MOTION AND A SECOND MOTION TO APPROVE THE CONVO BALLOT APPROVE, BETH.LET'S GIVE THE MOTION TO, UH, OR NEW MEMBER BETH.
OH, THAT WAS YOU SPEAKING, RIGHT? YEAH, THAT WAS BETH.
ALL RIGHT, COREY, I THINK WE'RE READY WHENEVER YOU ARE.
GIVING EVERYONE ONE LAST CHANCE TO CHANGE THEIR MIND.
THAT'S FOR ANYTHING TO BE PULLED IF THEY NEED TO VOTE NO OR ABSTAIN.
THEN WE WILL BEGIN ON THE MOTION TO APPROVE THE COMBO BALLOT.
WE WILL JUMP UP AND START WITH THE CONSUMERS.
THANK YOU JOE, DAN FOR YOUR TWO.
THANK YOU FOR BOTH, UM, TO OUR INDEPENDENT GENERATORS.
IN CHAT, UH, SHANE FOR RESUME? YES, SIR.
ONTO OUR IRE STILL? YES, THANKS.
JAY, YOU STILL WITH US? I CAN SEE YOU COMING OFF MUTE.
I'M TAKING IN CHAT IF YOU'RE SORRY.
WE, WE APPRECIATE DOUBLE MUTING OVER.
MARTHA, HOW ABOUT YES, THANKS COREY.
[03:00:01]
YES.MOTION CARRIES UNANIMOUSLY, HONESTLY.
OKAY, WE DID THIS PRETTY QUICKLY.
UM, THERE'S NO, UH, OTHER, OTHER BUSINESS.
I SEE EVERYONE AT THOSE TWO HIGHLIGHTED AUGUST MEETINGS.
ALL RIGHT, LET'S ADJOURN THE MEETING.