* This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting. [00:00:01] MAT COOKIES. SEE THE MAT? COOKIES. OKAY. [1. Antitrust Admonition] GOOD MORNING. WE'RE GONNA GO AHEAD AND GET STARTED. UH, WELCOME EVERYBODY TO THE JANUARY 21ST TAC MEETING. UM, FIRST MEETING FOR THE YEAR, I'M GONNA GO THROUGH A COUPLE OF REMINDERS VERY QUICKLY. UH, IF YOU ARE HERE IN THE MEETING ROOM, YOU CAN ENTER YOURSELF INTO THE CHAT, UH, IF YOU'RE LOGGED INTO THE WEBEX, OR YOU CAN HOLD UP YOUR CARD AND BRITTANY'S OVER IN THE RIGHT HAND CORNER OF THE ROOM AND SHE'LL TAKE CARE OF THAT FOR YOU. OBVIOUSLY, IF YOU'RE ON THE WEBEX, YOU'RE GOING TO BE ENTERING YOURSELF INTO THE CHAT, AND THAT'S HOW WE'LL HAVE DISCUSSION FOR MOTIONS OR FOR VOTING. PLEASE WAIT FOR EITHER MYSELF OR THE CHAIR OR VICE-CHAIR TO RECOGNIZE YOU WHEN WE BEGIN THE MEETING. ALSO, IF YOU'RE ON THE WEBEX WHEN WE GET TO THE VOTING PROCESS, PLEASE MAKE SURE YOU UNMUTE YOURSELF AS WE APPROACH YOUR SEGMENT AND THEN RETURN TO THE MUTE STATUS AFTERWARDS. AND THAT WILL HELP US BE A LITTLE EFFICIENT WITH THE BALLOTING PROCESS. ALSO, IF YOU'RE HERE TODAY, UH, WE WELCOME YOU AND WE ASK THAT YOU SIGN IN AT THE SIGN IN SHEET OUTSIDE THIS MEETING ROOM DOOR SO WE CAN CAPTURE YOU PROPERLY FOR BEING HERE TODAY AND PARTICIPATING IN PERSON. FINAL REMINDER, IF YOU, UH, IF WE HAVE A PROBLEM WITH THE WEBEX, WE WILL GO AHEAD AND RESTART THE WEBEX WITH THE SAME MEETING INFORMATION, AND IF THAT IS NOT DOABLE, WE WILL SEND SOMETHING TO THE TAC LISTSERV. JUST GIVE US A FEW MINUTES TO DO ALL THOSE THINGS AND MAKE THOSE UPDATES AND YOU SHOULD BE ABLE TO JOIN, UM, WITH THAT SAME MEETING DETAILS. ALRIGHT, SO WE'RE GONNA GO AHEAD AND GET STARTED. UM, WE DO HAVE A QUORUM THIS MORNING. I'M GONNA BRIEFLY GO THROUGH, UH, THE ALT REP DESIGNATIONS THAT WE HAVE RIGHT NOW, UH, FOR THE CO-OP SEGMENT. JOHN PACKARD WITH STACK HAS HIS ALT REP LUCAS TURNER IN THE IPM SEGMENT, RESEND WITH SHELL ENERGY HAS SHANE THOMAS HERE TODAY, AND THEN IN THE MUNICIPAL, UH, SEGMENT. DAVID KEY IS HERE PARTICIPATING, BUT HE WILL POTENTIALLY NEED AN ALT REP WHEN THE MEETING EXCEEDS 12:30 PM AND THAT WILL BE DIANA COLEMAN. ALRIGHT, SO WE ARE GONNA GO THROUGH AND DO MEMBERSHIP INSTRUCTIONS. OH, I'M SORRY, I'VE COMPLETELY FORGOT THE ANTITRUST. ALRIGHT, THEY HAVE POPPED THAT UP. COREY, THANKS FOR TAKING CARE OF THAT FOR ME. I WAS READY TO GO. UM, I'M NOT GONNA READ THIS WHOLE DOCUMENT, BUT IT IS HERE FOR YOUR REVIEW OF THE ANTITRUST AND THE DISCLAIMER. AND IF YOU NEED TO GO A LITTLE DEEPER, DIVE IN THAT AND SPEND MORE TIME WITH IT. THAT IS ON THE GOVERNANCE PAGE ON THE ERCOT WEBSITE OF THE KEY DOCUMENT. OKAY, NOW [2. Membership Introductions ] I'LL JUMP INTO THE MEMBERSHIP INTRODUCTIONS. WE'LL BRIEFLY JUST KIND OF GO AROUND THE ROOM. WE DO HAVE SOME NEWLY SEATED REPRESENTATIVES, UH, EBY JOHN AND THE IOU SEGMENT WITH CNP AARON RASMUSON WITH A-E-P-S-C. AND THEN IN THE MUNICIPAL, UM, WE HAVE CURTIS CAMPO WITH GARLAND POWER AND LIGHT, AND THOSE ARE NEWLY SEATED, SO WE JUST WANT TO GIVE EVERYBODY A CHANCE TO KNOW THEM AND EXPRESS APPRECIATION FOR THEM, UH, JOINING US. AND ALSO FOR THE TAC REPRESENTATIVES THAT HAVE COME BACK AND WILLING TO SERVE AGAIN THIS YEAR. SO, I WILL START WITH AROUND THE ROOM. WE'LL START WITH JEREMY, IF YOU JUST WANNA TAKE A MOMENT AND INTRODUCE YOURSELF AND YOUR COMPANY. AND AGAIN, WE'LL JUST DO THIS WITH THE TAC REPRESENTATIVES. GOOD MORNING EVERYONE. JEREMY CARPENTER WITH TENASIA POWER SERVICES. WE DO THIS EVERY YEAR. SHANE THOMAS, SHELL ENERGY. IAN HAILEY, MORGAN STANLEY. WE DO BILL BARNES, RELIANT ENERGY, HAPPY JOHN, SENATE POINT ENERGY. AARON RASSMUSON, A EP DAVID KEY WITH CPS ENERGY. ALICIA LEVING WITH AUSTIN ENERGY. JOSE GAAN, DENTON MUNICIPAL ELECTRIC. MARTHA HENSON WITH ENCORE. KAITLYN SMITH WITH JUPITER POWER, BOB HILTON INTO NORTH AMERICA. HEY, GOOD MORNING. BRIAN SAMS WITH, UH, CONSTELLATION ENERGY GENERATION , FRESHLY MINTED SLIP. NED BONKOWSKI WITH RA. HAPPY NEW YEAR EVERYONE. MIKE WISE WITH GOLDEN SPREAD ELECTRIC COOPERATIVE. KYLE MAYS WITH BRAZOS ELECTRIC. BLAKE HOLT WITH LCRA. NICK REBA, THE CITY OF DALLAS, MARK DREYFUS FOR THE CITY OF EASTLAND FOR THE SMALL COMMERCIAL CONSUMER MARKET SEGMENT. GARRETT KENT WITH CMC STEEL, TEXAS. AND I'M BETH GARZA, THE, UH, REPRESENTATIVE FOR RESIDENTIAL CONSUMERS. ALRIGHT, AGAIN, THANK YOU ALL VERY MUCH, APPRECIATE YOUR SERVICE HERE. ALRIGHT, WE ARE GONNA GO AHEAD AND START, UH, WITH THE AGENDA ITEM NUMBER [3. Election of 2026 TAC Chair and Vice Chair (Vote) ] THREE. THIS IS THE ELECTION OF THE 2026 TAC CHAIR AND [00:05:01] VICE CHAIR. COREY'S GONNA KIND OF PULL THIS PROCESS UP. THIS IS REALLY BASED ON WHAT'S IN THE TAC PROCEDURES, BUT I WILL GO THROUGH IT BRIEFLY FOR ALL OF YOU BEING FAMILIAR WITH IT. I WILL OPEN THE FLOOR FOR THE NOMINATIONS FOR THE CHAIR, AND THEN, UM, WE'LL TAKE THE NOMINATIONS, WE'LL CLOSE THE NOMINATIONS FOR THE CHAIR, AND THEN WE'LL GO ON THE NOMINATIONS TO THE VICE CHAIR. AND JUST SOME REMINDERS ON THE VOTINGS. UM, IF WE HAVE MORE THAN ONE CANDIDATE, WE DO HAVE PAPER BALLOTS HERE. FOR THOSE OF YOU IN THE MEETING ROOM TO COMPLETE AND ONLINE, YOU WILL JUST BE SENDING A EMAIL TO STAKEHOLDER SERVICES@ERCOT.COM AND THAT IS IF WE HAVE MORE THAN ONE NOMINEE FOR EACH POSITION, UM, OTHERWISE WE'LL HAVE ACCLIMATION FOR THE ELECTION. AS A REMINDER, NO SECOND IS NEEDED FOR THE NOMINATION AND WE'LL HAVE SIMPLE MAJORITY FOR DECIDING THIS ELECTION. AND SO WITH THAT, I WILL GO AHEAD AND I, I WILL OPEN THE FLOOR FOR NOMINATIONS FOR TAC CHAIR. OKAY, BETH, I SEE YOUR CARD UP. THANK YOU. I HAVE THE, UH, UM, DISTINCT AND UM, SORT OF, UH, WHAT DO I, IT'S SORT OF THE, UH, HAVE THE PLEASURE OF SEEING A YOUNG WOMAN GROW INTO, DEVELOP, INTO LEADERSHIP AND, AND, UH, LIKE TO THINK I HAD A LITTLE PART IN, IN, IN THAT ROLE OR IN THAT GROWTH. AND WITH THAT, I WOULD LIKE TO NOMINATE KAITLYN SMITH AS CHAIR OF TAC FOR NEXT YEAR OR FOR THIS YEAR. OKAY. THANK YOU BETH, FOR THE NOMINATION. KAITLYN, DO YOU ACCEPT THE NOMINATION? YES. AND THANK YOU BETH. ALRIGHT, APPRECIATE THAT. ALRIGHT, ARE THERE ANY OTHER NOMINATIONS IN THE ROOM OR IN THE CHAT? ALRIGHT, SEEING NONE, WELCOME BACK KAITLYN. YOU ARE OUR 2026 TECH CHAIR. THANK YOU. ALL RIGHT. NOW WE'RE GONNA TAKE UP THE VICE CHAIR NOMINATION. DO I HAVE ANY NOMINATION FOR THE VICE CHAIR? IAN HALEY, I SAW YOUR CARD UP. THANK YOU. UM, I'D LIKE TO NOMINATE SOMEONE EVEN THOUGH I HAVE NOTHING TO DO WITH HOW THEY'VE DONE IN THEIR CAREER. UH, MARTHA HENSON BON FOR. OKAY. THANK YOU. IAN. MARTHA, DO YOU ACCEPT THE NOMINATION? I ACCEPT. THANK YOU, IAN. OKAY. ALRIGHT. ARE THERE ANY OTHER NOMINATIONS FOR 2026? TECH VICE CHAIR. OKAY. SEEING NONE IN THE ROOM OR ANYTHING ON THE CHAT. WELCOME. MARTHA, YOU ARE BY ACCLIMATION OUR 2026 TAC VICE CHAIR. ALRIGHT, IT WILL TAKE JUST A FEW MINUTES FOR, UM, BOTH OUR NEW TAC CHAIR AND VICE CHAIR TO COME TO THE BACK OF THE ROOM AND GET SET UP. SO GIVE US JUST A MOMENT AND WE WILL GET STARTED. IAN, IT TAKES A VILLAGE TO MAKE A MARKET PARTICIPANT EVERY VILLAGE IS MISSING ME. . OKAY, I THINK WE'RE READY TO GO. UM, I CONFERRED WITH MARTHA. I THOUGHT ABOUT SAYING SOME NICE THINGS ABOUT THE WORK WE DID LAST YEAR AND THE WORK WE'RE GONNA DO THIS YEAR, BUT, UH, THEN I HAD THREE BEERS AT HAPPY HOUR LAST NIGHT, SO I THINK MAYBE I'LL SKIP, SKIP THAT. UM, BUT WHAT WE HAVE DONE A LOT, YOU KNOW, I THINK LAST YEAR THE, OUR RELATIONSHIP WITH THE BOARD GREW. UM, WE GOT A LOT OF THE RTC FINISHING ITEMS ACROSS THE FINISHING LINE, POLICY WISE AND NPR WISE BEFORE GO LIVE. AND THEN AT THE END OF THE YEAR, UH, STAKEHOLDERS ENDORSED THE FIRST 7 65 KV PROJECTS THIS YEAR. UH, WE'RE LOOKING AT A LOT OF WORK. YOU'VE, YOU'VE HEARD FROM MARTHA AND I A LOT ON THINGS ALREADY. UH, NAMELY DRS AND THE LOAD RIDE THROUGH REQUIREMENTS WE, [00:10:01] WE NEED TO GET DONE BY THE FIRST HALF OF THE YEAR. SO IT'S NOT ALL FUN AND GAMES, BUT, UM, EXCITED, UH, YOU KNOW, WAS THINKING ALSO ABOUT MAKING A THIRD TERM JOKE, BUT I WON'T, I'M PLANNING ON THIS BEING MY LAST TERM. UM, AND I GET TO DO FUN STUFF LIKE WHAT I ASKED ANN AND COREY TO DO. AND THAT IS THE RECOGNITION OF TECH MEMBER TENURES THAT WE HAVE ON THE SCREEN, I THINK FROM COREY. UM, IT IS TACS 30TH ANNIVERSARY. I GOT AHEAD OF ERGON COMS A LITTLE BIT. SO I THINK THERE MIGHT BE MORE OF A CELEBRATION IN, IN JUNE OR WHENEVER WE DECIDE WAS THE ACTUAL MONTH THAT TAC WAS FOUNDED. UM, BUT WE HAVE COOKIES IN THE ROOM. UH, WE HAVE 30TH ANNIVERSARY COOKIES. WE HAVE MATT MARINAS COOKIES, BUT I DON'T SEE MATT MARINAS, SO WE'LL HAVE TO GIVE HIM A HARD TIME. UM, WOO . AND THEN WE HAVE, UH, KEITH HEALTHY SNACKS AS WELL OVER THERE. BUT WE, [4. Recognition of TAC Member Tenures ] WE WANTED TO START WITH THE TAC MEMBER RECOGNITION. UM, I'M GONNA READ ALL THE NAMES. WE HAVE CHOCOLATE COINS FOR PEOPLE. UM, I WAS GONNA ASK PEOPLE TO STAND UP AND THEN IF YOU'RE ON THE SLIDE, WE'RE ON, IF YOU WANNA SAY A COUPLE WORDS, UM, YOU CAN, THIS IS A DIFFERENT VERSION THAN I HAVE. UH, MEMBERS WITH FIVE PLUS YEARS OF SERVICE, IT'S LOT. UH, CLIFF LANGE, WHO NEVER VISITS US. COLIN MARTIN, WHO ALSO NEVER VISITS US. UH, CHRIS HENDRICKS, WHO'S PROBABLY ON THE PHONE, I DON'T SEE HIM HERE. UM, DAN BAILEY REMI, WHO, WHO ALSO IS, IS SENDING SHANE AND NOT VISITING US. ADRIAN BRAND, UM, WHO I'M SURE IS NOT LISTENING, ALTHOUGH I TRIED TO TRACK HER DOWN. WILLIAM LEWIS, UH, SANDY MORRIS, IAN HALEY, UH, KEITH NICKS, MARCUS PRI, ADRIAN PZA, ALICIA LOVING. UM, WE HAVE BRAD JONES THERE. UH, ERIC BLAKEY, JEREMY CARPENTER, DAVID KEY, MARCY ZLOTNIK, JOHN EL SIMS, THERESA ALLEN, JOHN MEYER, GARRETT KENT, NICK FEBA. BRIAN SAMS, UH, WITH, WITH HIS NEW COMPANY NOW. SHANNON MCCLENDON, OSCAR ROBINSON. BETH GARZA. DANNY BIVINS, MARSHALL ADAIR, ANNIE RAMIREZ, BOB WHITMEYER, KENAN WHO MAY OR MAY NOT BE LISTENING. JOHN HERRERA. UH, CHRISTY ASHLEY, JEFF BROWN. ME, LORI PAPAS, RICHARD SMITH, KEITH EMERY, UH, COLIN MEHAN, JOHN DUMAS, UH, BILL HEUSEN. JENNIFER SCHMIDT. AMANDA FRAZIER, WHO I SAW HERE. JAY HARPO AND JAMES MCCANN BARNES. YOU HAVE TO WAIT TILL WE GET TO YOU. . WELL, THE NEXT YEAR'S 10 PLUS. THE NEXT SLIDE'S GONNA BE 10 PLUS, AND THEN THERE'S A 15 PLUS, AND THEN THERE'S A VERY SPECIAL 20 PLUS . ALL RIGHT. UH, BETH, OR WAS THAT FROM NOMINATIONS? AND IAN WAS TOO. OKAY. ANYONE WANNA SAY ANYTHING? NICE. HA. HAPPY TO BE HERE IN A DIFFERENT ROLE. SECOND TIME AROUND. AWESOME. OKAY. CHRISTIE DELETED A MESSAGE, BUT I'LL ASSUME IT WAS SOMETHING SUPER NICE. UM, DO YOU WANNA GO TO THE NEXT SLIDE? ALL RIGHT. IS THIS WHERE BARNES IS? ALL RIGHT. T MEMBERS WITH 10 PLUS YEARS OF SERVICE. RE COMSTOCK. CHRIS BREWSTER, HENRY WOOD, MARK DREYFUS IS OVER THERE. JOHN HOUSTON. MARTY DOWNEY MAY BE LISTENING. SETH IS IN THE ROOM. I THINK. UM, KYLE MINNICK, BILL BARNES, YOU'RE ON THE SLIDE. HUGH LENNOX. MICHAEL WISE IS HERE. RANDY JONES, ERIC GOFF, MARK. SO THANK YOU, MARK. DR. I JUST WANNA NOTE, I HAD THE PLEASURE OF KNOWING ALL THESE PEOPLE ON THE LIST, AND SOME OF THEM WERE, WERE REALLY GIANTS OF OUR INDUSTRY. I I WANNA POINT OUT IN PARTICULAR, A MEMBER WHO HAD ONLY SEVEN YEARS, BUT IS REALLY RESPONSIBLE FOR THE FOUNDATION OF THIS GROUP. UM, JOHN MEYER OF, OF RELIANT, I HOPE THERE ARE STATUES TO HIM AT, IN THE OFFICE BUILDING BILL. AND HE REALLY, UH, HE LED THE STAKEHOLDERS WHEN WE DEVELOPED THESE PROCESSES AND WHEN WE DEVELOPED THE ORIGINAL PROTOCOLS. AND, UH, REALLY DESERVES, DESERVES ALL OUR HONOR AND RECOGNITION. AND IF YOU DON'T KNOW HIM OR DON'T KNOW ABOUT HIM, UH, BE REALLY GOOD TO, TO TALK TO SOMEBODY AND, AND FIND OUT ABOUT WHAT HE WAS ABOUT AND WHY HE TOOK THE TIME TO, TO CREATE THIS PROCESS. THANKS. [00:15:02] THANKS, MARK. BILL, HOW MUCH TIME IS ALLOTTED TO TELL TAX STORIES? FOUR MINUTES FOR YOU. I HAVE, I HAVE TWO PER PERSON HIGHLIGHTS. OKAY. UM, WHICH SECOND LOT OF WHAT MARK SAID, IT'S BEEN AN HONOR AND A PRIVILEGE TO SERVE ON THIS COMMITTEE AND CONTRIBUTE TO, UM, THE GREATEST COMPETITIVE RETAIL AND WHOLESALE POWER MARKET IN THE WORLD. SO, BEEN AN HONOR. SO, TWO STORIES. UH, THE FIRST, UM, I DON'T SEE HIS NAME ON HERE, BUT HE'S PROBABLY ON THE OTHER SLIDE, HAS TO DO WITH RICHARD ROSS. AND, UH, WE USED TO HAVE THIS COMPLETELY RIDICULOUS PROCESS, AND WE HAD THE ZAL MARKET WHERE WE WOULD REDEFINE THE BOUNDARIES OF THE ZONES EVERY YEAR, WHICH WOULD LITERALLY MOVE MILLIONS AND MILLIONS OF DOLLARS AMONGST COMPANIES. IT WAS INCREDIBLY CONTENTIOUS AND ALSO EXTREMELY ENTERTAINING TO BE A PART OF. UM, AND, UH, ONE PARTICULAR YEAR, UM, I'M NOT SURE WHICH ONE IT WAS, BUT I'M THINKING AROUND 2007, 2008, IT LITERALLY MOVED A LARGE COAL PLANT FROM ONE ZONE TO THE OTHER, WHICH I'M SURE MANY OF YOU WERE A PART OF. LOT OF GOOD STORIES TO BE SHARED THERE. I JUST REMEMBER RICHARD PLAYING A VERY CRITICAL PART OF THE FINAL VOTE, WHICH I THINK IT PROBABLY TOOK THREE OR FOUR ATTEMPTS TO GET THROUGH. UM, AND THAT WAS, THAT ONE STANDS OUT. AND THEN NUMBER ONE TO ME, WHICH I DON'T SEE MR. GOFF, MAYBE HE'S IN THE ROOM IF HE'S ON THE PHONE, UH, THE FAMOUS CONSTELLATION BATTLES , WHERE WE HAD, UH, TWO, UM, AFFILIATES OF THE SAME COMPANY, UH, HAVING A VERY SERIOUS, UH, DEBATE AND DISAGREEMENT ON, ON HOW A PARTICULAR SETTLEMENT FORMULA IN THE ZOLA MARKET WOULD MOVE MONEY AROUND. AND, UM, I BELIEVE THERE WAS AN APPEAL. THIS INVOLVED, UH, CLAYTON GREER WITH, UH, CONSTELLATION ENERGY SERVICES AND THEN, UH, VENUS PRIESTLY AND MR. GOFF FOR, UH, CONSTELLATION NEW ENERGY. UM, SO WE HAVE THROUGHOUT TIME, ALWAYS DISAGREED RESPECTFULLY, BUT COME TOGETHER TO MAKE, AS BETH WOULD SAY, THE RIGHT DECISION, WHICH IS THE WILL OF THE, OF THE BODY. SO APPRECIATE, UH, BEING A PART OF IT. THANKS. THANKS, BILL. BOB, GO AHEAD. I'LL, I'LL SAVE IT. YOU WANNA WAIT TILL THE NEXT SLIDE? OKAY. ALL RIGHT. 15 YEARS OF SERVICE. BOB HILTON, CLAYTON GREER, BILL SMITH, PHILLIP BOYD. YOU READY? BOB , THIS HAS TO BE WRONG. . OKAY. IT CAN'T BE, I'M NOT OLD ENOUGH TO HAVE DONE THIS . IT COULDN'T HAVE HAPPENED. UH, WOW. IT'S BEEN, I'VE SERVED WITH PRETTY MUCH EVERYBODY THAT'S ON THAT LIST, YOU KNOW, FROM THE BEGINNING. AND, UH, I'VE SERVED WITH A LOT OF VERY, VERY GOOD PEOPLE. AND I THINK I WOULD CALL ALL OF THEM VERY GOOD PEOPLE BECAUSE TO SERVE ON THIS COMMITTEE, YOU HAVE TO BE, WE'VE MADE A LOT OF GOOD DECISIONS TO MAKE THIS MARKET, AS BILL SAID, AND HAS BEEN NOTED AS THE BEST IN THE COUNTRY, I WOULD SAY, IF NOT THE WORLD. UH, WE'VE GONE THROUGH A LOT OF ADVERSITY. WE'VE HAD SOME FUN. UH, I REMEMBER THAT DEBATE ACTUALLY, BILL THAT WENT ON. I GOT A PHONE CALL FROM THEIR CORPORATE OFFICE ASKING ME WHAT WAS GOING ON. AND I SAID, WHY ARE YOU ASKING ME EITHER YOUR DAMN EMPLOYEES? ? SO I REMEMBER THAT, UH, WE, I REMEMBER WHEN WE USED TO HAVE MEETINGS, YOU KNOW, LIKE WE'RE GETTING CLOSE TO KIND OF DOING NOW WITH THE WORKSHOPS TWO OR THREE DAYS A WEEK TRYING TO GET READY FOR THIS, UH, FOR THINGS THAT WERE GOING ON AND BACK DURING TALKING ABOUT, UH, JOHN MEYER, JOHN, WHAT THAT WAS CALLED WAS THE RETAIL USERS GROUP. THE RUG THAT JOHN RAN THAT SET ALL OF THIS UP AND WENT THROUGH. SO HE WAS, HE, I THINK HE WAS AWARDED A, A, UH, A PLAQUE OR SOMETHING FROM THE COMMISSION. AND I THINK THAT'S STILL OVER AT THE COMMISSION. UH, SO IT'S, IT'S BEEN A LOT OF FUN. A LOT OF CHALLENGES. TACK HAS CHANGED A LOT. SOME FOR THE, THE GOOD IN MY MIND, SOME FOR THE BAD. I REMEMBER WHEN WE USED TO DO THE, THE TACK AND FRIENDS, UH, GOLF TOURNAMENTS. I MISSED THOSE. THOSE WERE A LOT OF FUN. UH, WE DID THE, THE RED NOSE, UH, ONCE A YEAR BACK WHENEVER I WAS CHEERING FOR A WHILE, UH, THAT IF YOU SPOKE DURING [00:20:01] THAT MEETING, YOU HAD TO WEAR THE RED NOSE. UH, THERE'S PICTURES OUT THERE SOMEWHERE THAT WAS FOR A, UH, YOU KNOW, FEED THE CHILDREN THING. BRAD JONES HAD TO, HAD ONE THAT WE USED TO DO FOR HIS CHARITY. UH, SO TACK HAS DONE A LOT OF CHARITABLE THINGS ALONG THE WAY ALSO THAT I THINK SOMETIMES GETS FORGOTTEN. UH, BUT THEN AGAIN, I HAVE TO SAY, UH, THIS IS WRONG. I, I CAN'T BE THAT OLD . UH, THERE'S A WHOLE LOT MORE I COULD SAY, BUT I THINK I'LL LEAVE IT AT THAT. I, I WANNA KNOW HOW MANY COMPANIES YOU'VE REPRESENTED IN THOSE 18 YEARS. , I THINK IT IS. IT'S EIGHT OR NINE DIFFERENT. IS IT REALLY DIFFERENT? HARD HATS. THE, THE INTERESTING PART WITH THAT, I HAD FOUR, BUT YEAH. EIGHT OR NINE. YEAH. MOST OF ALL OF THOSE. AND I'M COUNTING THE NAME CHANGES. YEAH. I HAD FOUR FOR YOU, I SHOULD SAY. YEAH, YEAH, YEAH. THERE WERE NAME CHANGES LIKE AMERICAN NATIONAL POWER, INTERNATIONAL POWER, INTERNATIONAL POWER, G-D-F-G-D-F-G-D-F, SUEZ. UH, SO THE REALLY WHERE IT CHANGED THE COMPANY THING WAS LIKE TWICE. 'CAUSE THAT WAS THAT. 'CAUSE I ALWAYS REPRESENTED THE SAME ASSETS. DURING THAT TIME WAS WHEN I WENT TO DYNA G AND WAS WITH DYNA G UH, FOR A WHILE BEFORE IT WAS SUCKED UP BY, UH, RA. AND I SAID, HELL NO, I'M NOT WORKING FOR THEM. . IT WAS ONE OF THE TWO WAYS ONE OF US SAID WE WEREN'T. SO YEAH. THEN I ENDED UP BACK WITH THE COMPANY THAT I ORIGINALLY WAS. SO YEAH. BUT I HAVE WORE, I'VE GOT EVERY ONE OF THOSE, THOSE, UH, BUSINESS CARDS. THERE'S A BUNCH WE HAD TO UPDATE IN REAL TIME. YOU JUST WENT FROM 18 YEARS OF SERVICE TO 19. YEAH. APOLOGIES, BOB. THE, THE NUMBER'S EVEN WORSE THAN YOU THOUGHT IT WAS. THAT IS EVEN WRONG. OR I JUST CAN'T, IT CAN'T BE WRONG. I JUST CHECKED THE RAW FILES AND FOUND THAT WHILE THERE WERE 18 INSTANCES OF BOB HELTON, THERE WAS A ROBERT HELTON REPRESENTING NG. SO WHEN YOU TRIED TO HIDE, THAT CAN'T BE RIGHT. 'CAUSE I WAS ON THE BOARD FOR SEVEN YEARS AND THAT JUST MAKES WAY TOO MANY YEARS. . I DON'T KNOW. I BELIEVED 18, BUT I THINK YOU'RE RIGHT WITH 19. OKAY. LAST SLIDE THAT BOB CAN BE ON NEXT YEAR, BUT WE JUST HAVE ONE ON THE 20 PLUS SLIDE. DO WE, DO YOU THINK THERE'S OTHER PEOPLE WHO USE DIFFERENT NAMES? OKAY. . OH, YOU GUYS KNOW HOW MUCH I LOVE LIVE? LIVE? HE'S ON. I AM ON RICHARD'S ON CAMERA. GO AHEAD, RICHARD. WELL, THIS IS, UH, CERTAINLY A, UH, A NICE OCCASION, UH, CELEBRATING THE TENURE OF T WE HAVE HAD, UH, AS, AS WE CALL THEM AN SVP, WE HAVE SHARED A LOT OF TRAUMA BONDS TOGETHER OVER THE YEARS. UM, AND I, I WILL SAY THAT I'VE BEEN HONORED AND HUMBLED, UH, TO BE A PART OF TAC FOR MANY YEARS. UM, JUST TO ONE OF MY FAVORITE STORIES. AND FIRST, I CAN'T BELIEVE REED BROUGHT UP ZONE SLAMMING, THAT THAT WAS JUST A TERRIBLE MEMORY THAT WE SHOULD BLOT OUT. UM, BUT BRAD JONES, WHO WAS ALWAYS, UH, A, A GREAT PARTNER AND, UH, A AND, UH, ADVERSARY IN TECH, HE ALWAYS ELEVATED EVERYONE'S GAME BECAUSE YOU REALLY HAD TO BE ON YOUR TOES. AND HE DID NOT REMEMBER DOING THIS. BUT I DISTINCTLY REMEMBER WE WERE TALKING ABOUT PROPER COMPENSATION FOR, I BELIEVE IT WAS, UM, AND UMI AND I HAD A PROPOSAL THAT I BROUGHT FORWARD. AND I'M NOT A PARTICULARLY GOOD POKER PLAYER, Y'ALL KNOW. AND SO PEOPLE KNOW WHEN I PASSIONATELY BELIEVE SOMETHING AND WHEN I'M TACITLY BEHIND IT. BUT I PRESENTED THE IDEA AND BRAD, VERY QUICKLY, HE DIDN'T LIKE THE IDEA. AND HE SAID, YEAH, YEAH, RICHARD, WE KNOW SOMEBODY FROM COLUMBUS CAME, SENT YOU DOWN HERE TO SAY THAT WE'LL GET IT IN THE MINUTES, BUT WE'RE NOT DOING THAT. AND WE MOVED ON. SO HE HAD A, A WAY OF HUMBLING ME AT TIMES. AND, UH, I, I LEARNED FROM ALL OF THOSE LESSONS. UH, BUT I APPRECIATE Y'ALL'S PATIENCE PUTTING UP WITH, UH, BLOCK LOAD TRANSFERS AND THINGS OF THAT NATURE THAT, UH, I CAME UP WITH TO HELP US IN THE MARKET. AND THEN LASTLY, RECOGNIZE THAT THE TECHNICAL ADVISORY COMMITTEE AND THE STAKEHOLDER PROCESS IN ERCOT REALLY DOES CAST A, A VERY BIG SHADOW. UM, IT CAST A SHADOW TO THE NORTH AND HAD A HEAVY, YOU KNOW, INFLUENCE ON, YOU KNOW, MY EXPERIENCE WITH THE STAKEHOLDER PROCESS, TRYING TO GET SP P'S STAKEHOLDER PROCESS, UH, SET UP IN MUCH THE SAME WAY, UH, WITH THE WAY WE SO TRANSPARENTLY CHANGE RULES, UH, GIVE EVERYONE A FREE OPPORTUNITY TO COMMENT AND DEBATE. AND IF YOU ARE NOT FAMILIAR WITH THEM, IF YOU EVER LOOKED [00:25:01] AT THE PROCESS IN SVP, YOU WOULD SEE A GREAT DEAL OF SIMILARITIES, UH, FROM THINGS THAT WE COPIED FROM ERCOT. AND SO, UH, KEEP UP THE GOOD WORK. UM, I KNOW I'M NOT ON TACK, I'M WATCHING FROM AFAR THIS YEAR, BUT, UM, THANK YOU FOR 25 YEARS AND GIGGLING GIG. ALL RIGHT, THANKS EVERYONE. WE'LL MOVE THE, I HAVE THE GOLD COINS, WE'LL MOVE THEM OVER, BUT ACTUALLY BRONZE IS FOR THE MOST TENURE. 'CAUSE THEY WERE THE LEAST OF THOSE COINS. I DON'T KNOW. UM, OKAY. SO WE CAN GO TO OUR REGULAR MEETING, UH, APPROVAL OF [5. Approval of TAC Meeting Minutes (Vote) ] THE TECH MEETING MINUTES. I DON'T BELIEVE WE'VE HAD ANY SUGGESTIONS, BUT I DON'T KNOW IF NED SENT AN EMAIL. UM, NO, WE NOT RECEIVE ANY EDITS OR PROPOSED REVISIONS. OKAY. SO WE WERE LOOKING TO APPROVE THE, UH, NOVEMBER 19TH TECH MEETING MINUTES AS SUBMITTED. CAN WE PUT THIS ON THE COMBO BALLOT? OKAY. ALL RIGHT. SO NEXT [6. Meeting Updates ] WE ARE ON TO MEETING UPDATES. UM, WE ALWAYS PROVIDE AN UPDATE ON THE BOARD AND PUC OPEN MEETINGS WHERE OUR REVISION REQUESTS HAVE BEEN CONSIDERED. AT THE DECEMBER CUP BOARD MEETING, THEY APPROVED ALL OUR REVISION REQUESTS RECOMMENDED BY TECH, I THINK FROM THE NOVEMBER AND OCTOBER MEETINGS. THE BOARD ALSO GRANTED BOARD PRIORITY TO, UM, NPRR 1308 AND NO, 2 82 ARE THESE RIGHT? UM, SO THE, THE LARGE LOAD RIDE THROUGH NPR AND NOIR, AND THEN THE TWO NPRR OR THE ONE NPRR FROM DRS 1309. AND SO I ALREADY MENTIONED THOSE. UM, WE ARE DOING A WORKSHOP PROCESS FOR, FOR DRS AND THEN FOR THE GERS. MARTHA WILL HAVE A TIMELINE FOR US LATER. WE'RE GOING SORT OF THROUGH THE, THE REGULAR STAKEHOLDER PROCESS. BUT THESE ARE REALLY IMPORTANT. WE'LL HAVE TO UPDATE THE BOARD AT FEBRUARY AND AT APRIL. UM, AND SO WE'RE JUST GONNA REALLY WORK ON THOSE AS T AT THE PUC OPEN MEETING LAST THURSDAY, THE PUC APPROVED ALL REVISION REQUESTS FROM THE DECEMBER BOARD. AND THEN I THINK COMMISSION STAFF WANTED TO ADD SOMETHING. ERICA, DID YOU WANNA ADD SOMETHING? UH, I HAVE JUST TWO UPDATES. UH, AS YOU RECALL, WE ARE STARTING THE RELIABILITY STANDARD PROJECT 5, 8 7, 7, 7. AND STAFF, WE ALREADY DRAFTED OUR QUESTIONS ON THE ASSUMPTIONS. FILED ON THE 15TH, AND IT'LL BE TAKEN UP THIS NEXT OPEN MEETING AND COMMENTS WILL BE DUE MARCH 2ND. SO WE REALLY WANNA HEAR FROM YOU. THAT'S THE FIRST STEP. AND THE OTHER THING IS ERCOT BUDGET. I WANNA THANK TO THE THREE SEGMENTS WHO PROVIDED A COMMENTS INPUT. AND WE ARE WORKING WITH ERCOT TO FINALIZE, AND THIS WILL BE TAKEN UP IN FEBRUARY 6TH OPEN MEETING, WHICH IS A FRIDAY. THAT'S ALL I HAVE. THANKS. OKAY. THANK YOU. ANYTHING ELSE ON THE BOARD UPDATE OR PUC OPEN MEETING UPDATES? OKAY, WE ARE GOING TO INSERT, UH, AN ITEM AND WE'RE GONNA HAVE AN UPDATE FROM KEITH HERE. YEP. SO, NOT TO BE SOMBER, BUT I THINK WE, WE ARE WELL AWARE THAT THERE IS A WINTER STORM COMING THIS WEEKEND. UH, I BELIEVE IT HAS A NAME WINTER STORM FERN FROM THE WEATHER CHANNEL. UH, THE, I KNOW RICHARD ROSS DIDN'T GIVE HIS WORD OF THE DAY OR WORD OF THE MONTH, BUT, UH, THE TWO WORDS THAT COME TO MIND ARE PREPAREDNESS AND COMMUNICATION. AND SO I KNOW ERCOT IS, UH, DOING ITS PREPARATIONS AND, AND ITS INTERNAL COMMUNICATIONS. I KNOW I'VE REACHED OUT TO A COUPLE FOLKS ALREADY ABOUT PREPAREDNESS AND, AND COMMUNICATION. AND SO, UH, WE DON'T ANTICIPATE ANY ISSUES. UH, BUT, UH, THINGS DO COME UP AND THAT'S WHERE PREPAREDNESS AND COMMUNICATION IS REALLY IMPORTANT. AND SO, UH, TO THE EXTENT THAT THINGS HAPPEN ON YOUR END, UH, I THINK THESE ARE THE TWO THINGS THAT, THAT WILL HELP US AT THIS POINT. UH, I, I REALIZE THE LOADS ARE STILL CHANGING IN, IN THE FORECAST, BUT IT, IT APPEARS TO BE A POTENTIAL WINTER PEAK IF, BUT ALSO APPROACHING THE SUMMER PEAK, WHICH IS, IS QUITE INTERESTING TO SEE ERCOT GET CLOSER AND CLOSER TO BEING A WINTER PEAKING REGION. AND SO, UH, AGAIN, UH, THE IMPORTANCE OF PREPAREDNESS AND COMMUNICATION, UH, UH, WILL, WILL GET US THROUGH OVER THE COMING DAYS. AGAIN, THIS HAPPENS TO BE OVER THE WEEKEND, WHICH CREATES ITS OWN TYPES OF CHALLENGES. UM, UH, WHEN THAT OCCURS, THE POTENTIAL FOR SOME PRECIPITATION AND ICING IS ALSO SOMETHING THAT'S POTENTIALLY OUT THERE AS WELL. SO, AGAIN, I JUST, UH, WANNA STRESS THOSE TWO POINTS ABOUT PREPAREDNESS AND COMMUNICATION. [00:30:01] AND TO THE EXTENT THAT, UH, YOU NEED TO REACH OUT TO ERCOT AND, AND THE VARIOUS FOLKS HERE, PLEASE, PLEASE DO THAT. AND, UM, EXPECT ERCOT TO BE COMMUNICATING AS WELL. SO THANK YOU FOR YOUR TIME TODAY, AND, UH, AGAIN, WE MAKE ERCOT SUCCESSFUL COLLECTIVELY, AND SO WE LOOK FORWARD TO MAKING IT THROUGH THE, THE WINTER EVENT SUCCESSFULLY. THANKS. OKAY. ANY QUESTIONS OR COMMENTS FOR KEITH? AND SO WE'LL GET ALL THE COMMUNICATION WE NEED TO GET THROUGH THE NORMAL, UH, OR CAUGHT CHANNELS. OKAY. UM, [7. Confirmation of 2026 Subcommittee/Sub Group Leadership (Vote) ] NOW WE ARE ON TO CONFIRMATION OF THE 2026 SUBCOMMITTEE SUBGROUP LEADERSHIP. UM, IT IS ON THE SCREEN, I BELIEVE WE ARE WAITING ON LLWG LEADERSHIP, WHICH WILL HAPPEN TOMORROW. SO WE'LL, WE'LL APPROVE THAT AT THE FEBRUARY 19TH TAC MEETING. UM, COULD WE GO BACK TO THE FIRST PAGE SO WE HAVE EVERYONE HERE ON THE SCREEN? UM, DIANA AND ANDY RETURNING FOR, FOR PRS. UM, JOHN AND DEBBIE RETURNING FOR RMS, BUT I, I THINK THEY'VE BEEN SWITCHING BACK AND FORTH BETWEEN CHAIR AND VICE CHAIR. UM, WE HAVE NEW LEADERSHIP IN ROSS, SANDEEP AND SHANE, AND WE ARE, UH, LOOKING FORWARD TO SEEING HOW THAT GOES. THEY HAVE, UH, BIG SHOES TO FILL FROM KATIE. AND THEN ON WHOLESALE MARKET SUBCOMMITTEE, WE ARE KEEPING BLAKE AND JIM, WHICH IS, YOU KNOW, ALWAYS HELPFUL TO ME TO HAVE BLAKE TO HELP ME OUT ON THINGS. CREDIT FINANCE SUBGROUP. WE HAVE NEW LEADERSHIP JET PRICE AND LORETTO WILL STAY AND HELP HIM AS WELL. UM, ON THE RTC TASK FORCE, I BELIEVE WE ARE WORKING ON SUN SETTING THAT PROBABLY SOMETIME THIS QUARTER BY THE END OF THIS QUARTER ISH. UM, BUT GORDON WILL TAKE OVER FOR MATT MARINAS, I ASSUME THIS CAN ALL GO ON THE, THE COMBO BALLOT UNLESS WE HAVE A HUGE PROBLEM WITH DAVID. KEY VICE CHAIRING RTC . OKAY. LET'S PUT THIS ON THE COMBO BALLOT, BUT WE WILL HAVE TO, UH, DO THE LOWG CONFIRMATION NEXT MONTH. SO [8. Review of Revision Request Summary/ERCOT Market Impact Statement/Opinions ] WE ARE ON TO REVIEW OF REVISION, REQUEST SUMMARY OR CUT MARKET IMPACT STATEMENTS AND OPINIONS. AND I WILL TURN IT OVER TO ANNE. ALL RIGHT, THANK YOU VERY MUCH. UM, WE ONLY HAVE SIX REVISION REQUESTS HERE THIS MONTH FOR CONSIDERATION. UM, FOUR ARE IN THAT GENERAL SYSTEM AND PROCESS IMPROVEMENT CATEGORY ONE IS STRATEGIC OBJECTIVE ONE, AND THE ONE IS REGULATORY. NO IMPACTS EXCEPT FOR PGR 1 27 THAT HAS A 20 TO 40 K IMPACT. UM, ERCOT DOES SUPPORT ALL OF THESE REVISION REQUESTS, AND WE'VE PROVIDED THE POSITIVE MARKET IMPACT STATEMENTS AS WELL. AND THEN, UM, IMM DOES NOT HAVE AN OPINION ON ANY OF THE REVISION REQUESTS THAT ARE HERE. AND CFSG HAS REVIEWED THE NPRS AND THERE ARE NO CREDIT IMPLICATIONS. OKAY, ANY QUESTIONS OR COMMENTS? F ANN? OKAY. WE CAN MOVE RIGHT ALONG TO, UM, [9. PRS Report (Vote) ] PRS REPORT. IT'S DIANA. YES, MA'AM. WELCOME BACK. UM, I BELIEVE EVERYTHING TODAY IS UNOPPOSED, NO IMPACT. SO YOU CAN GO THROUGH THE REPORT AND THEN WE'LL TAKE IT FROM THERE. GOOD MORNING EVERYONE. DIANA COLEMAN WITH CPS ENERGY WITH THE JANUARY PRS UPDATE. UM, AS CAITLYN NOTED, ALL OF THESE WERE UNOPPOSED WITH NO IMPACT. WE'LL START WITH 1304. THIS COMES TO US FROM ERCOT. ON NOVEMBER 12TH, WE VOTED UNANIMOUSLY TO RECOMMEND APPROVAL AS SUBMITTED. AND THEN ON DECEMBER 10TH, WE VOTED UNANIMOUSLY TO ENDORSE AND FORWARD TO TAG THE NOVEMBER 12TH PRS REPORT. AND THE OCTOBER 28TH IA 4 13 0 5, ALSO SPONSORED BY ERCOT. ON NOVEMBER 12TH, WE VOTED UNANIMOUSLY TO RECOMMEND APPROVAL AS AMENDED BY THE NOVEMBER 7TH ERCOT COMMENTS. AND ON DECEMBER 10TH, PRS VOTED UNANIMOUSLY TO ENDORSE AND FORWARD TO ATTACK THE NOVEMBER 12TH PRS REPORT AND THE OCTOBER 28TH IA. AND THEN FINALLY, 4 13 11 ALSO COMES TO US FROM ERCOT ON DECEMBER 10TH, WE VOTED MS. LEE TO GRANT URGENT STATUS AND RECOMMEND APPROVAL AS SUBMITTED AND FORWARD TO TALK WITH THE NOVEMBER 25TH IA. AND THAT IS WHAT WE HAVE FOR TAX CONSIDERATION THIS MORNING. OKAY, DAVID? YEAH, I WANTED TO TALK ON 1311, AND I'VE HAD SOME OFFLINE CONVERSATIONS WITH HER KIND OF FULLY SUPPORTING THIS. JUST WANTED TO ASK THAT THE BUSINESS CASE, UH, REFLECT MORE OF THE JUSTIFICATION OF, [00:35:01] UH, WHY THIS NEEDS TO BE CHANGED. I THINK THIS IS SOMETHING THAT WE ALL UNDERSTAND, BUT I WOULD LIKE TO SEE MORE JUSTIFICATION ADDED INTO THE BUSINESS CASE JUST SO IT'S, UM, CAN GET ITS WAY THROUGH. UM, I'VE BEEN TALKING WITH DAVE MARGIO OFFLINE ON THIS, SO I THINK WE'RE SUPPORTER. JUST WANTED TO ASK FOR THAT AND DON'T NEED TO SEE THAT FOR TODAY, BUT LIKE TO GET IT IN THE RECORD AT SOME POINT. OH, SO DO YOU HAVE PROPOSED LANGUAGE? 'CAUSE I, I THINK WE WANT THIS TO THE BOARD FEBRUARY BOARD, SO WE NEED IT TODAY. DO YOU, WOULD ERCOT BE ABLE TO WORK WITH DAVID ON PROPOSED LANGUAGE DURING THIS MEETING, OR, I'M, I'M REACHING OUT TO DAVE TO SEE. OKAY. IF IT SOUNDS LIKE THERE HAD BEEN SOME, SOME DISCUSSIONS BETWEEN, UM, UM, AND SO IF WE HAVE THAT CAITLYN IS YEAH. LOOKED LIKE THERE WERE SOME PROPOSED LANGUAGE THAT COULD BE FOR TAX CONSIDERATION THAT MAYBE WE COULD MAKE AN EDIT TO THE BUSINESS CASE AND THEN OKAY. DAVE WAS LOOKING AT IT. DO, DO YOU HAVE THAT OR DAVE HAS IT? OH, LET'S, LET'S GO TO DAVE MACIO. HE'S ON THE PHONE. GO AHEAD DAVE. HI. HI. THANK YOU, CAITLYN. YES. SO, SO DAVE REACHED OUT TO ME YESTERDAY TO, TO SORT OF EXPRESSED THE CONCERN HERE TO, TO BEEF UP THE BUSINESS CASE. UH, I DID SHARE SOME POINTS INITIALLY, UH, WITH, WITH DAVID ON IT. I WOULD SAY SORT OF THE WAY I, I PUT THEM TOGETHER, THEY'RE PROBABLY NOT NECESSARILY IN THE, THE FORM OF EXPLICIT EDITS TO THE, TO THE BUSINESS CASE HERE. I CAN, I CAN WORK ON SOMETHING ALONG THOSE LINES AND CONVERT THEM INTO EDITS, UH, EITHER AS, UH, ERCOT COMMENTS THAT BE, COULD BE SUBMITTED OR, UH, IF IT WAS PREFERRED, TRY AND WORK OFFLINE WHILE ATTACK IS DISCUSSING OTHER MANNERS AND, AND COME BACK TO THIS TOPIC. BUT, UM, DID, DID SHARE SOME I IDEAS ABOUT WHY WE THINK IT'S SO, UH, IMPORTANT TO MOVE FORWARD WITH THIS, BUT IT'S NOT NECESSARILY IN THE FORM OF RED LINES AT THIS POINT. OKAY. UM, SO LET'S, SO, SO LET'S START WITH SOMETHING. UM, DOES ANYBODY HAVE ANY REACTIONS JUST TO THE, THE CONCEPT AS, AS DAVID KEY IS BRINGING UP, ARE, ARE WE ALL FINE WITH THAT? IF WE WERE TO SEE CONSISTENT LANGUAGE, ARE THERE THERE ANY CONCERNS OR ISSUES WITH THAT? GO AHEAD, NED. NOT, NOT CONCERNS OR ISSUES, BUT, UM, I'M CURIOUS, DAVID, WHAT'S THE, WHAT IS THE CHANGE THAT YOU'D LIKE TO SEE MADE? SO I JUST WOULD LIKE TO HAVE A REFERENCE BACK TO, UM, THERE'S REFERENCES TO THIS BEING ANYTHING ABOVE 5,000 BEING INAPPROPRIATE. WE DON'T POINT TO WHY IT'S INAPPROPRIATE. SO I'D LIKE TO HAVE THAT IN THE RECORD, JUST SO, OKAY. IT'S NOT A ARCHIVE MAKING A JUDGMENT, WE'RE JUST ENFORCING THE, THE POLICIES THAT ARE IN PLACE ALREADY. THANK YOU. MAKING THIS LANGUAGE INAPPROPRIATE BECAUSE IT EXCEEDS THE OFFER CAP OR SOMETHING LIKE THAT. YOU YEAH. SOMETHING. AND I CAN GO BACK TO KEY PRINCIPLES THAT HAVE BEEN APPROVED OR SOMETHING THAT WE'VE ALREADY DONE. I JUST WANNA HAVE THAT REFERENCE IN THERE SO IT'S MORE SUBSTANTIVE THAN JUST, WE THINK IT'S INAPPROPRIATE. OKAY. BECAUSE THAT COULD POTENTIALLY BE MISCONSTRUED, RIGHT? JUST SAYING THIS $5,000 IS INAPPROPRIATE. OKAY. UM, HEARING THAT, I THINK IT WOULD BE BEST IF WE COULD GET LANGUAGE IN FRONT OF TAC IF POSSIBLE. IS THAT SOMETHING DAVE AND DAVID COULD WORK ON DURING THE MEETING? AND WE COULD COME BACK TO THIS LISTENING FOR DAVE TO CHIME IN. HAPPY TO TALK WITH YOU DAVE OFFLINE, OR WE CAN DO THIS WHILE WE, WHILE WE CONTINUE THE MEETING. YEAH. BECAUSE OTHERWISE WE, YOU KNOW, THE COMMENTS WOULD COME IN AHEAD OF THE BOARD, SO TECH WOULDN'T, IF IT'S A, A SIMPLE COUPLE OF SENTENCES. I THINK IF YOU GUYS CAN, OKAY. SO WHY DON'T WE COME BACK TO 1311 TOWARDS THE END OF THE MEETING, IF THAT'S OKAY WITH EVERYBODY ELSE? OKAY. UM, DO WE HAVE QUESTIONS OR COMMENTS, CONCERNS ON NPR 13 0 4 13 0 5. OKAY. CAN WE, SO WE WOULD BE, UM, LOOKING TO RECOMMEND APPROVAL OF NPR 1304 AS RECOMMENDED BY PRS IN THE DECEMBER 10 PRS REPORT. RECOMMENDED APPROVAL OF 1305 AS RECOMMENDED BY PRS IN THE DECEMBER 10TH PRS REPORT. CAN WE PUT THOSE TWO ON THE COMBO BALLOT? OKAY. TWO THUMBS UP. OKAY, SO NOW [10. Revision Requests Tabled at TAC (Possible Vote) ] WE, UM, WE ARE AT OUR REVISION REQUEST, PREVIOUSLY TABLED ATTACK. WE ARE FINALLY GETTING TO DISPOSE OF NO GR 2 64, WHICH WAS RELATED TO NPR 1235. THAT WAS, YOU KNOW, VERSION 2.0 OR 3.0 OF DRS. BUT WE ARE ONTO THE NEXT VERSION. UM, AND SO I BELIEVE ERCOT HAS SUBMITTED THE WITHDRAWAL. SO WE ARE LOOKING TO APPROVE THE NOVEMBER 20TH REQUEST FOR WITHDRAWAL FOR NOER 2 64. I BELIEVE THIS SHOULD BE A COMBO BALLOT ITEM. OKAY. [00:40:03] OKAY. NEXT [11. RMS Report ] IS THE RMS REPORT. UH, JOHN, DO WE HAVE YOU HERE ON, WE DO HAVE ME HERE. WAS I RIGHT? DID YOU AND DEBBIE SWITCH THIS YEAR? YES. YOU SWITCHED BACK? YEAH. OKAY. THAT'S BEEN A LONGSTANDING RMS TRADITION, SO SHARE THE LOAD, BUT GOOD MORNING JOHN SHOTS WITH RA REPRESENTING RMS. UM, WITH JUST A QUICK VERBAL UPDATE, UH, FROM OUR LAST MEETING, WE DID AGREE TO SUNSET BOTH THE TEXAS SET WORKING GROUP AND THE LOAD PROFILE WORKING GROUP. THEN WE SUBSEQUENTLY SUB, UH, YEAH, WE AGREED TO, UH, TO ESTABLISH THE TEXAS SET SLASH LOAD PROFILING WORKING GROUP, WE SAW AN OPPORTUNITY FOR EFFICIENCIES. SO WE COMBINED THE TWO WORKING GROUPS, AND THEN WE ALSO COM UH, APPROVED THE SCOPE OF THAT WORKING GROUP. AND SO TWO KEY INITIATIVES, UH, OUT OF THE BOX WILL BE THE COMPLETION OF THE TEXAS, UH, MARKET TEST PLAN. AND THEN THERE WILL BE, UH, AN EFFORT TO COMPLETE, UH, REVISIONS TO THE LOAD PROFILE DECISION MAKING TREE. LAST ITEM, UM, WITH THE NEW YEAR, WE DO HAVE RETAIL TRAINING COMING UP, UH, IN FEBRUARY. FEBRUARY 18TH AND 19TH IS MARKET TRACK TRAINING. THEN TEXAS SIT TRAINING IS MARCH 3RD AT SITTER POINT. AND RETAIL 1 0 1 IS MARCH 18TH. AND ADDITIONAL INFORMATION ON THE TRAINING CAN BE FOUND ON ERCOT WEBSITE, UH, UNDER THE SERVICES TAB. AND THANKS TO TAC FOR AFFIRMING DEBBIE AND I FOR ANOTHER YEAR OF LEADERSHIP. OKAY. ANY QUESTIONS OR COMMENTS FOR JOHN? OKAY. WE ARE MOVING TO OUR ROSS'S [12. ROS Report (Vote) ] REPORT. I BELIEVE SHANE IS GIVING THIS TODAY. YES, MA'AM. YEP. SANDEEP HAD A CONFLICT, SO I'LL BE DELIVERING THE ROSS REPORT TODAY. SHANE THOMAS. SHE, UM, UH, NEXT SLIDE. THE, UM, WE'VE BROUGHT TWO ITEMS, UH, BEFORE T TODAY, FIGURE 1 27, THE PROPOSED ADDITION OF PROPOSED GENERATION TO THE PLANNING MODELS. UH, WE APPROVED THE LANGUAGE AND, AND IMPACT ANALYSIS AT OUR LAST MEETING. WE ALSO HAVE PR 1 32 UPDATE TO THE STANDARD GENERATION INTERCONNECTION AGREEMENT, WHICH WE ALSO APPROVED THE LANGUAGE AND IMPACT ANALYSIS, UH, UNANIMOUSLY. UM, I'LL RECOMMEND, YOU KNOW, BOTH OF THESE FOR THE, THE COMBO BALLOT, UH, IF THERE ARE NO ISSUES THERE, THERE WAS, UH, A LOT OF, UH, THERE'S A LOT OF OTHER REVISION REQUESTS THAT WE'VE BEEN WORKING ON, UH, WHERE WE WORK. TRYING TO GET THROUGH THAT LIST. WE REFERRED PIGGER 1 34 TO PLWG, THEN, UM, GER, UH, 2 81. UH, WE APP, WE, UH, VOTED TO APPROVE THAT ONE. AND WE ALSO TABLED THE NPRR 1307, KIND OF WAITING FOR THAT DISCUSSION, UH, TO CONTINUE AT WMS. THEN WE'VE GOT GER 2 82, WHICH HAS BEEN REFERRED TO DWG AND SPWG, GER ONE 40, UM, UM, WHICH WE'VE TABLED AND REFERRED TO PLWG AND, UH, N-D-S-W-G. AND WE HAVE FIGURE 1 39 RELATED TO NPRR 1314 THAT WE'VE APPROVED, UH, AS WELL. EXCELLENT. ALL RIGHT. I WON'T GO THROUGH, UH, NAMING ALL THE OTHER REVISION REQUESTS UNDER OUR PURVIEW RIGHT NOW, BUT I DO WANNA POINT OUT THAT IT'S QUITE AN EXTENSIVE LIST, SO WE'RE GONNA BE WORKING HARD TO, UH, CONTINUE TO BRING ITEMS, UH, BEFORE THIS GROUP FOR APPROVAL AND START KNOCKING THINGS OUT, UH, THROUGHOUT THE YEAR HERE. UM, BUT YEAH, QUITE A, QUITE A SLATE WE'RE STARTING OFF WITH IN JANUARY. WE CAN JUST CONTINUE ON DOWN THROUGH. PEOPLE CAN DO THOSE. UM, WE DID VOTE ON, UH, YOU KNOW, LEADERSHIP AND I APPRECIATE THE, THE VOTE OF CONFIDENCE, CAITLIN, UH, AS WE WORK TO, TO FILL, FILL THOSE SHOES. UM, HOPEFULLY BETWEEN THE SANDEE AND MYSELF WE'LL BE ABLE TO FILL, UH, A SHOE, A PIECE OR SOMETHING LIKE THAT. BUT YEAH, WITH THAT, OUR NEXT, UH, MEETINGS ARE SCHEDULED FOR THE 5TH OF FEBRUARY [00:45:01] AND THE 5TH OF MARCH. OKAY. UM, SO WE DID HAVE TWO VOTING ITEMS. WE, UM, ER 1 27. OH, GO AHEAD, BETH. YEAH, SORRY. UM, UH, JUST A COUPLE OF QUESTIONS. I, I'M, I'M SURE I'LL END UP GETTING THEM ON THE COMBO BALLOT, BUT IT SEEMS LIKE I, I'M FOR SURE ON 1 27, IT SEEMED LIKE THERE WAS SOME BACK AND FORTH THAT HAPPENED ON THAT IN, UH, ON THAT FIGURE. YES. AND I'M JUST WONDERING IF YOU COULD HELP, HELP ILLUMINATE THE GROUP ON WHAT THE ISSUE WAS AND KIND OF HOW IT GOT RESOLVED. YEAH, CERTAINLY. UM, SO ON THIS ONE, THERE WAS A, A BACK AND FORTH, UH, WITH ERCOT WHERE WE, UH, WORKED TO REFINE THE KIND OF INNER OR, YOU KNOW, THE, THE HIERARCHY OF LOADS AS, OR GENERATION AS IT'S ADDED TO THE, TO THE MODEL IN ORDER TO, TO MEET THE LOAD. UM, THIS HAS BEEN AN ISSUE BECAUSE THEY'VE KIND OF RUN OUT OF GENERATION TO THE LARGE LOAD FORECAST IN THE PAST. AND SO WE'RE TRYING TO FIGURE OUT A WAY. I THINK THE INITIAL GOAL WAS TRYING TO, YOU KNOW, ELIMINATE, JUST HAVING TO ADD GENERATION THAT CAME FROM NOWHERE, RIGHT? I THINK IN THE END IT WAS THE CASES HAVE TO SOLVE. AND SO THAT, THAT STILL EXISTS OKAY. POTENTIALLY IN HERE, BUT THEY'VE GONE THROUGH AND SAYING WHAT NEEDS TO BE ADDED BEFORE YOU GET TO THAT STEP. OKAY. SO, YEAH, I CERTAINLY UNDERSTAND. AND WHAT WAS APPROVED WAS LCRA. YEAH. I THOUGHT THAT LCRA HAD SOME, SOME INPUT TO THAT AS WELL. YEAH. BLAKE HOLT, LCRA. JUST A LITTLE MORE CLARITY. WE WERE SEEKING TO, WHEN YOU HAD TO ADD EXTRA GENERATION TO THE PLANNING CASES, WE WERE SEEKING TO ELIMINATE BIAS OKAY. WITH, UH, RESOURCE TYPE BIAS OR LOCATION BIAS. SO, OKAY. THE RULES WE ADDED IN THERE WAS WERE TO HELP, NUMBER ONE, MAKE A CONSISTENT PROCESS GOING FORWARD. AND NUMBER TWO, TO ELIMINATE BIAS IN THE PLANNING STUDIES. PERFECT. PERFECT. I, I APPRECIATE THAT LITTLE BIT OF BACKGROUND. AND SIMILARLY, UH, IT SEEMS LIKE SIMILARLY ON, ON PIGGER 1 32, UH, I'M LESS FAMILIAR WITH WHAT WAS HAPPENING ON THAT ONE. UM, AGAIN, SIMILARLY WHAT ANY INSIGHTS AS TO, I BELIEVE THERE WAS SOME BACK AND FORTH. I'M JUST WONDERING WHAT THAT BACK AND FORTH WAS. YEAH, THIS ONE ALSO HAD SOME BACK AND FORTH OVER CONCERNS OF, UH, OTHER PROCESSES KIND OF GETTING SWEPT UP IN THE INTENT. THE, THE INITIAL INTENT WAS, UH, AROUND, UH, NO 2 45 AND PEOPLE, AND KIND OF CLOSING MAYBE LOOPHOLES THAT WOULD MAKE PEOPLE KNOW, NOT SUBJECT TO THAT, UH, PROCESS. UM, AND SO THE, THE WORK WAS DONE TO MAKE SURE THAT, UM, THE SCOPE WAS NARROW ENOUGH THAT OTHER, UH, PROCESSES DIDN'T GET PULLED INTO THE, THE MIX WITH THIS. PERFECT. THANK YOU FOR THAT. THANK FOR, THANK YOU FOR THAT INDULGENCE AND THE 'CAUSE. AS SOMEBODY WHO CAN'T GO AT ALL OF THE DIFFERENT WORKING GROUPS AND ALL OF THE DIFFERENT COMMITTEES, I APPRECIATE HEARING THE, UH, YOU KNOW, A SUMMARY OF THE BACK AND FORTH AND THE EVENTUAL RESOLUTION AS IT COMES HERE FOR OUR CONSIDERATION. SO THANK YOU. YEP. TOTALLY APPROPRIATE. THANKS, BETH. UM, AND THANKS SHANE. SO THE TWO VOTING ITEMS ARE FIGURE 1 27. UM, THERE WERE JANUARY 20TH COMMENTS CONFIRMING PRIORITY AND RANK. UM, BUT WE'D BE LOOKING TO RECOMMEND APPROVAL OF FIGURE 1 27 AS RECOMMENDED BY ROSS AND THE ONE EIGHT ROSS REPORT AND THEN RECOMMENDED APPROVAL OF 1 32 IS RECOMMENDED BY ROSS IN THE ONE EIGHT ROSS REPORT. ANY FURTHER QUESTIONS OR COMMENTS? CAN WE PUT THOSE ON THE COMBO? YEP. OKAY. OKAY. NEXT [13. WMS Report ] WE ARE TO THE WMS REPORT. BLAKE HOLT WITH WMS, UM, WANTED TO TOUCH ON A FEW ITEMS THAT, THAT WE DISCUSSED AT OUR JANUARY 7TH MEETING. UH, THE FIRST ITEM WAS AN ERS DISCUSSION THAT CAME FROM AN ACTION ITEM FROM TCC TO REVIEW PRE-DEPLOYMENT AND PARTICIPATION OF PRICE RESPONSIVE LOADS IN ERS, UH, CHAMPION MARK DREYFUS. UH, ERCOT CAME BACK TO US WITH, UM, A PRESENTATION THAT THAT SHOWED THE HISTORICAL PERFORMANCE OF ERS RESOURCES. UH, AND AFTER DISCUSSION WITH THE GROUP, WMS CREATED AN ACTION ITEM FOR, UH, WMWG AND DSWG TO JOINTLY WORK ON NEW PARTICIPATION REQUIREMENTS TO IMPROVE THE AVAILABILITY AND PERFORMANCE OF ERS RESOURCES. UM, I BELIEVE THERE THEY HAVE A JOINT MEETING SCHEDULED, UH, COMING UP. UM, SO BE ON THE LOOKOUT [00:50:01] FOR THAT. UH, ADDITIONALLY, ALONG WITH, UH, THE ERS DISCUSSION AND CHANNELED ROCK AND GENERATE CAPITAL, PRESENTED A NEW IDEA TO CREATE, UH, AN ERS GEN PRODUCT FOR DISPATCHABLE CO-LOCATED GEN PAIRED WITH LOAD. THIS WAS, UH, JUST IN DRAFT FORM, NOT NECESSARILY, UH, ANY LANGUAGE THAT WENT ALONG WITH THE IDEA, BUT IT'S MY UNDERSTANDING THAT THAT CONVERSATION WILL TAKE, UH, PLACE AT THAT MEETING AS WELL, THE JOINT MEETING. UM, SECONDLY, WE HAD A NEW ITEM, UH, REFERRED TO US IN PR 1307, REVISED DEFINITION OF MITIGATION PLAN. UH, THERE WAS SOME INTEREST IN REVIEWING, UH, THE RDPA IN RELATION TO LOAD SHED DEFINED IN, UH, THIS NPRR. SO THAT DISCUSSION WILL ALSO TAKE PLACE AT WMWG COMING UP. AND THEN JUST WANTED TO GIVE A PREVIEW THAT THERE SHOULD BE SOME EXTENSIVE RMR DISCUSSIONS BASED ON, UH, THESE NEWLY REFERRED NPR AT THE NEXT WMS. UH, JUST WANTED TO GIVE SOME NOTICE. WE DO HAVE THE D-R-D-R-R-S WORKSHOP THAT FOLLOWS WMS ON THAT DAY, BUT, UH, DO EXPECT, UH, QUITE A BIT OF DISCUSSION ON, ON THESE FOUR NPRS ON THE SCREEN. UM, THAT'S, THAT'S MY UPDATE FOR THAT MEETING AND HAPPY TO TAKE QUESTIONS ON THIS OR UPCOMING DISCUSSIONS. THANKS, BLAKE. ON THE ERS ACTION ITEM, MARTHA, THIS WAS, THIS CAME OUT OF, UH, ERCOT BOARD PRESENTATION, I THINK. IS THAT CORRECT? THAT'S RIGHT. AND WE ASSIGNED IT TO MARK DREYFUS AS THE CHAMPION SINCE HE RAISED THIS ISSUE. BUT IT'S MY UNDERSTANDING THERE'S SUB CHAMPIONS ALSO BEING ASSEMBLED TO SHEPHERD THIS THROUGH THE, THE WORKING GROUPS. OKAY. CAN, I'LL ASK, HOW DO YOU GET TO BE A SUB CHAMPION? THAT SOUNDS LIKE A FUN ROLE. DO YOU WANNA BE A SUB CHAMPION BETH ? NO, I DON'T UNDERSTAND WHAT THAT ROLE IS. I'M, I'M NOT GONNA SAY YES TO IT. . YEAH. I DO WANNA RECOGNIZE SHANE THOMAS AND KATIE RICH HAVE BEEN ESSENTIAL IN KIND OF DRIVING THIS CONVERSATION FORWARD THROUGH THE WORKING GROUPS. SO, OKAY. UH, UM, MY QUESTION I GUESS IS MAY I'LL ASK WORK ON INSTEAD OF PUTTING MARK ON THE SPOT. SO IS THE END GOAL OF THIS A, A REVISION REQUEST OR, OR I GUESS AS A TECH ACTION ITEM, WE'RE JUST ASKING THOSE GROUPS TO COME BACK TO, WMS WILL COME BACK TO US WITH A RECOMMENDATION ON, ON A PROPOSAL OR WHAT, WHAT DO WE, WE THINK IS HAPPENING? I CAN SPEAK ON HOW I READ THE CONVERSATION AT WMS. OKAY. I ANTICIPATE SOME SUGGESTIONS ON TIGHTENING UP THE PERFORMANCE REQUIREMENTS. OKAY. UM, NO INDICATION OF WHERE THAT NUMBER MIGHT END UP, BUT I THINK THAT'S WHERE THE CONVERSATION WILL GO. AND THEN, UH, I THINK IT'S VERY LIKELY THAT THERE COULD BE A REVISION QUE REQUEST THAT COMES FROM THAT DISCUSSION. IT'S UNCLEAR WHO WOULD, WHO WOULD FILE THAT AT THIS TIME. OKAY. OKAY. OKAY. AND THEN AT SOME POINT WE'LL HAVE TO DETERMINE WHETHER WE FEEL LIKE WE CHECK THE BOX ON THE ACTION ITEM TOO. AND I DON'T THINK WE WOULD NECESSARILY NEED AN NPR TO BE DONE WITH PROCESS TO DO THAT. OKAY. KENT, UH, HI, KENT WITHROW WITH CUSTOMIZED ENERGY SOLUTIONS. JUST A QUICK QUESTION. THERE WAS TALK OF MOVING THE DRRS WORKSHOPS FROM AFTER THE WMS MEETINGS, JUST TO MAKE IT NOT SUCH A LONG DAY. UH, IS THERE ANY, UH, DOES, DO YOU PLAN TO REMAIN HOW IT IS OR IS THERE STILL THE IDEA OF MOVING THE DRRS WORKSHOPS TO A DIFFERENT DAY? WE'RE GONNA KEEP THEM HOW THEY ARE AT THIS TIME. UM, 'CAUSE THERE'S JUST NOT, NOT A LOT OF OTHER OPTIONS AND, AND WE THOUGHT LAST MONTH WENT PRETTY WELL, BUT IF IT, IT STARTS TO BE A PROBLEM, WE CAN LOOK AT IT AGAIN. BUT FOR RIGHT NOW, WE'LL KEEP IT THE WAY IT IS. FAIR ENOUGH. THANKS. BLAKE HAS PROMISED TO FINISH THE WMS MEETINGS BY 1215 . THAT'S A TALL ORDER. UH, I DO THINK THESE RMR DISCUSSIONS ARE, ARE GONNA TAKE SOME TIME. UM, SO WE MAY, WE MAY NEED TO ABBREVIATE THOSE YEAH. OR, OR THINK ABOUT A WORKING GROUP, UH, IF IT'S APPROPRIATE. BUT I, I'D SAY WE TAKE A SHOT YEAH. THIS FIRST MEETING AND, UH, MAYBE WE CAN WHITTLE SOMETHING DOWN. YEAH. YEAH. MARTHA AND I HAVE REACHED OUT TO BLAKE TO JUST SEE IF HE NEEDS HELP WITH MANAGEMENT OF, OF THE ITEMS, THOSE MEETINGS. THE OTHER THING WE'VE DISCUSSED, UM, YOU KNOW, WE'D NEED OUR CO'S INPUT, BUT THE DRS NPR ARE, ARE PRIORITY, SO IF THERE'S NPRS AT WMS, IT COULD MAYBE WAIT, WAIT LONGER THAN THOSE, UM, I THINK SOME OF THE ITEMS THAT WMS COULD BE DEFERRED. YEAH. THIS IS KEITH AS LONG, IF THERE'S, IF [00:55:01] I MAY, FIVE MINUTES FOR LUNCH, WE'RE HAPPY. YEAH, WE'D PLAN, WE'D PLAN FOR AT LEAST 1215 TO ONE ONE TO BE A BREAK. GO AHEAD, KEITH. YEAH, JUST, JUST TO FOLLOW UP ON THE, THE PRIORITY ITEM THAT YES, THE, THE DRS ITEMS ARE THE PRIOR, YOU KNOW, PARTICULARLY 1309 IS THE PRIORITY. UH, THE RMR DISCUSSIONS, FOR EXAMPLE, ARE, YOU KNOW, DEFINITELY IMPORTANT. BUT I DO THINK WE HAVE, THERE'S THE POTENTIAL FOR MORE TIME ON, ON, ON THOSE. UH, AND, AND WE WANT TO HAVE SOME GOOD DISCUSSION ON THESE THINGS. BUT, UH, AGAIN, SO I, I THINK YOU'RE, YOU'RE THINKING ON, ON HOW TO, HOW TO MANAGE THAT IS, YOU KNOW, MAKES SENSE, UH, TO US. AND IF, IF WE HAVE, YOU KNOW, DIFFERENT, IF, IF THINGS CHANGE OR HAVE A DIFFERENT PERSPECTIVE, WE'LL BRING THAT UP. BUT I, I THINK YOUR CURRENT THINKING IS GOOD. OKAY. ANY OTHER QUESTIONS OR COMMENTS ON WMS? ALL RIGHT, NOW [14. Credit Finance Sub Group (CFSG) Report (Vote) ] WE ARE TO THE CFSG REPORT. GOOD MORNING. CAN YOU HEAR ME? YES. ALRIGHT. ALL RIGHT. THIS IS LORETTA, OBVIOUSLY NOT JET. UM, JET HAD A CONFLICT. UM, WE MET LAST FRIDAY AND HAD A VERY SHORT MEETING. WE REVIEWED TWO NPR APPROVAL OF MINUTES, VOTED ON LEADERS, DID THE REGULAR CREDIT EXPOSURES. AND WE NEED YOU GUYS TO APPROVE A NEW APPLICANT. UM, MSIS RIDGE, EXCUSE ME, ME, UH, EAST RIDGE FROM TENAS. EXCUSE ME. NEXT SLIDE. THESE ARE THE TWO NPRS WE WENT THROUGH. THEY DID NOT HAVE ANY CREDIT IMPACTS. NEXT, AND FOR THE CREDIT EXPOSURES, UH, TPE DECREASED SLIGHTLY FROM 1.6 TO 1.59 BILLION IN DECEMBER. AND THE REASON FOR THAT IS THE FORD ADJUSTMENT FACTORS WERE SLIGHTLY DECREASED DURING THE MONTH. UM, DISCRETIONARY COLLATERAL INCREASED A BIT FROM 3.74 BILLION TO 3.93 BILLION IN DECEMBER. AND ER, RCA SAYS THERE WAS NO UNUSUAL COLLATERAL CALL ACTIVITY. NEXT SLIDE PLEASE. AND THIS IS THE STANDARD CHART SHOWING THE TYPES OF CREDIT THAT IS POSTED AT ERCOT AND THE MAX TPE WHENEVER IT OCCURS DURING THE MONTH. NEXT, THE STANDARD VIEW OF TOTAL POTENTIAL EXPOSURE, CRR, AUCTION CREDIT, LOCKED DAM EXPOSURE, AND DISCRETIONARY COLLATERAL. NEXT SLIDE. AND THIS IS THE LETTER OF CREDIT EXPOSURE PER, UH, FINANCIAL INSTITUTION. AS YOU CAN SEE, EVERYBODY'S IN GOOD SHAPE AT THIS POINT. NEXT SLIDE. THAT WOULD BE IT. WE'RE GONNA HOLD OFF ON THE ERCOT COMMENT TILL LATER. ALL RIGHT. ANY OTHER CFSG QUESTIONS OR COMMENTS? I JUST SAID WE'RE GONNA HOLD . OKAY. SO WE'RE LOOKING TO APPROVE THE CFSG MEMBERSHIP AS PRESENTED. UM, RIDGE TENESCO POWER SERVICES, I ASSUME WE CAN PUT THIS, UM, ON THE COMBO BALLOT. I JUST WANT, WAS GONNA GIVE JEREMY AN OPPORTUNITY TO TELL US HOW GREAT SHE, YOU KNOW, THIS PERSON IS AND WHY THEY SHOULD BE ON THE COMMITTEE. DO IT, JEREMY. SURE. SHE'S PRETTY FANTASTIC AND I THINK, YEAH, NO, SOMEONE POINTED OUT THAT THEY SAW ON LINKEDIN THAT I JUST CELEBRATED MY 24 YEARS AT 10 NASCA AND SHE WAS THERE BEFORE I GOT THERE. SO SHE'S BEEN THERE A WHILE AND SHE DOES A FANTASTIC JOB. I WHOLLY SUPPORT HER NOMINATION, BUT MUCH LIKE BOB HILTON, YOU GUYS ARE NOWHERE NEAR OLD ENOUGH TO HAVE BEEN SOMEWHERE FOR 24 OR LONGER YEARS. YEAH, THE HAIRCUT KEEPS ME LOOKING YOUNG. RIGHT. . ALL RIGHT, THANKS. THANKS JEREMY. AND I APOLOGIZE IF I SPOTTED HER NAME. . NO, YOU NAILED IT. YOU DID GREAT. OKAY. UM, WE ARE MOVING [15. RTC+B Task Force Report ] TO RTC PLUS B TASK FORCE. IS THIS GORD OR MATT? IT'S MATT. WHAT IS A SWAN SONG? ANYWAYS, THANK Y'ALL FOR HAVING ME. UM, IT'S FUN TO SEE YOU GUYS. IT WAS A, UH, A LOT HAS HAPPENED SINCE THEN. I'LL BE VERY BRIEF THOUGH. UH, WE GAVE KIND OF THE POSTMORTEM ON THE GO LIVE, MORE OF THE BOARD OF DIRECTORS. [01:00:01] UH, THE MONDAY AFTERWARDS IT WAS A LITTLE BLEARY-EYED AND SOME TYPOS, BUT, UH, WE MADE IT. UH, I DID WANNA JUST SAY THANK YOU FOR THE EDUCATION. I'VE BEEN AT ERCOT 22 YEARS, AND SO A LOT OF IT'S BEEN IN THE SHADOWS, LISTENING, LEARNING, AND WATCHING. I REMEMBER SITTING BY TRIP DOGGETT GOING, THIS IS A MESS, MAN. I DON'T SEE HOW THIS WORKS. AND HE SAID, JUST KEEP LISTENING AND KEEP WATCHING AND WATCH WHAT THE PRODUCT IS. AND SO THANK YOU FOR EDUCATING ME. THANK YOU FOR THE SUPPORT. AND IT WAS, UH, UM, RTC WAS NOT EASY, BUT IT'S, IT'S EASIER WHEN YOU'RE SUPPORTED AND THAT SUPPORT WAS, UH, NEVER, NEVER DISAPPEARED. SO THANK YOU FOR THE FINISH. SO IN TERMS OF WHAT IT LOOKED LIKE, UM, I'LL TALK BRIEFLY ABOUT THE TRANSITION TO GO LIVE AND THEN KIND OF PASS THE BATON TO GORD TO SAY HOW AND WHAT HE IS FINISHING UP ON BEHALF OF THE GROUP. UH, AND THEN WE'LL WRAP IT UP. UH, AGAIN, YOU'VE SEEN THIS, SOMEBODY ACTUALLY MADE A T-SHIRT OF THIS FOR ME. SO IT, LISA SUM ROLLED, CAME IN WITH A T-SHIRT, SAID, MATT, YOU SHOULD WEAR THIS. I PUT IT ON FOR MY WIFE AND SHE SAID, NEVER AGAIN. SO I KEEP IT AT THE OFFICE. UH, LAST TIME WE MET WAS IN NOVEMBER AND THAT WAS ON THE EVE OF ALL THIS STUFF THAT HAD TO HAPPEN, GET THROUGH THE THANKSGIVING HOLIDAYS AND ROLL THE ROLL THE ICE ON GO LIVE. AND SO A LOT LED UP TO IT. AGAIN, 95 COMPANIES ON THE PHONE MULTIPLE TIMES A WEEK TO MAKE IT HAPPEN. THANK YOU TO, AGAIN, TO YOUR STAFF. UH, I HAVE NEVER SEEN SUCH EFFECTIVE COLLABORATION ON IT AND BUSINESS ON ERCOT AND STAKEHOLDER SIDE AND VENDORS ALL JUST WRAPPED UP IN ONE SINGLE, UH, ONE SINGLE STRONG FINISH. SO, UH, WHAT IT LOOK LIKE, IF YOU'RE CURIOUS, WE ARE LOCKED IN. THIS IS, UH, TAYLOR, SECOND FLOOR, 2 52, 2 53 OVERLOOKING THE CONTROL ROOM. WE'RE ALL JAMMED IN THERE WITH 60 COMPUTERS. UH, WE'VE BEEN THERE ALL DAY. AT 9:00 PM WE OPEN UP A HOTLINE CALL TO THE QUEASY WITH RESOURCES. WE NEED TO HANDHOLD THEM THROUGH THE CUTOVER, UH, TO MANAGE FREQUENCY. SO FROM 9:00 PM TO 3:00 AM UH, THE TELEMETRY ACTUALLY, ONCE WE HIT MIDNIGHT, WE CAUGHT THE FIRST SKID RUN RIGHT ON THE RIGHT ON THE NOSE. I DUNNO HOW RIN PADRE DID IT. HE'S, HE'S THE GUY RIGHT HERE. HE WAS THE CHOREOGRAPHER. ALMOST A COUNTDOWN TO THE QUEASY TO SWITCH TELEMETRY OUT AND THEN RERUN SKID ON THE NEW SYSTEM. UH, SO IT TOOK LESS THAN FIVE MINUTES TO GET THAT PIECE SWITCHED OVER. WE DID MOVE OUR MARKET SUBMISSION ENDPOINT. THAT'S THE, UH, OFFERS BIDS, XML TYPE STUFF THAT COMES IN. WE HAD TO CHANGE THAT URL. OUR MITIGATION FOR THAT IS IF IT DIDN'T WORK SEAMLESSLY FOR PEOPLE, THERE'S NO WAY TO TEST IT UNTIL WE DID IT. SO THAT WAS A BUMPY RIDE. THAT WAS TWO HOURS. BUT THE GOOD NEWS IS WE HAD ASKED THE MARKET TO PUT IN A FULL DAY'S WORTH OF DATA FOR THE ENTIRE DECEMBER 5TH. SO WE HAD A FALLBACK, WHICH WAS THE EVERYONE'S BIDS AND OFFERS WERE IN. SO SKIT WOULD STILL SOLVE. UH, AND THEN IN THE MORNING WE OPENED UP FROM SIX 30 TO 10. MY, MY CONCERN WAS UNFOUNDED. I GUESS I, I LOST SLEEP AT NIGHT WONDERING, DID THE DAY AHEAD MARKET AND ALWAYS PICK ON BANKS IN NEW YORK CITY? DID THEY EVEN KNOW WE'RE CHANGING THINGS? AND SO WE WERE CHANGING EVERYTHING ABOUT THE DAY AHEAD MARKET, THE END POINT AND THE PIECES COMING IN AND THINKING ABOUT YOU, IAN, RIGHT? , I MEAN IT'S LIKE KEEP IAN HAPPY AND HE DIDN'T EVEN TEXT ME. THIS IS JUST ME WONDERING. WE HAVE OVERSEAS, WE HAVE PEOPLE ALL OVER THE WORLD THAT USE ERCO OR THAT PARTICIPATE IN THE COP MARKET. AND WHAT DOES IT LOOK LIKE TO MAKE SURE THAT WE DIDN'T DROP THE BALL ON THOSE 300 OTHER COMPANIES BEYOND THE 95. SO, UH, NO SIGNIFICANT ISSUES REPORTED IS THE BORINGEST LONGEST. I WISH I COULD HAVE SLEPT WEBEX THAT WE HAD. UH, AND SO THEN WE RAN A DAY AHEAD MARKET. IT PUBLISHED ON TIME. UH, WE DID HAVE A LITTLE BUMP IN THE ROAD. WE HAD A, A PRICE CORRECTION OF 10 CENTS OR LESS ON SOME OF THE PIECES. UH, WE HAD SOME OTHER ISSUES IDENTIFIED THAT WE GOT FIXED AS WE WENT OUT THE DOOR FOR THE CHRISTMAS HOLIDAY. UH, SO IT WAS ONE OF THOSE WHERE THE TWO WEEKS AFTER WAS STILL A PRESSING IN, GET IT ALL DONE, UH, BUTTON IT UP. UH, BUT WE MADE IT TO THE OTHER SIDE AND APPARENTLY THERE'S COOKIES FOR THAT. SO, HUGE TEAM EFFORT. UM, IN TERMS OF WHAT I AM DOING BACK AT ERCOT STILL, I'M NOT GIVING, UM, NOT PUTTING THIS ONTO GORD, IT WOULDN'T BE FAIR IS A LESSONS LEARNED EXERCISE. SO ERCOT ISS KIND OF RALLYING AROUND, HEY, WE JUST RAN A BIG PROGRAM. I PULLED ON THE LESSONS LEARNED FROM NODAL BACK 2009, 2010, THAT WAS MY LESSONS LEARNED THAT FED INTO THIS. HOW DO WE GET THAT SAME LESSONS LEARNED IN FOR THE NEXT BIG THING? AND SO, UM, IF YOU AS A MARKET PARTICIPANT HAVE ANY FEEDBACK, PLEASE JUST EMAIL ME DIRECTLY AND SAY, HEY, I HATED THIS. I LOVE THIS. YOU KNOW, IT'S, IT WAS A PERFECT, I, I'LL BE THE FIRST ONE TO ADMIT. UM, BUT ANYWAYS, OPEN TO THAT. AND SO THIS SLIDE IS THE, THE BATON PASS. YOU CAN TELL THAT GORD WROTE IT BECAUSE I DON'T EVEN KNOW WHAT EMERITUS MEANS. IT MEANS A FORMER CHAIR. SO, DUE TO ORGANIZATIONAL CHANGES, UH, WOODY HAS ASKED ME TO SLIDE OUT FROM UNDER KEITH, UNDER HIM, UH, TO WORK ON. UH, I'M A DIRECTOR, SO TO HELP DIRECT STRATEGIC PROJECTS. AND THE BIG ONE RIGHT NOW IS THE LARGE LOAD. SO I'LL BE HELPING OUT IN THAT REALM. SO WITH THAT, I'VE BEEN REASSIGNED AND SENDING IT OVER TO GORD HERE. THANK YOU. AND BEFORE MATT GOES TOO FAR, I, I KNOW THAT MANY OF YOU WILL HAVE HAD THE, THE OPPORTUNITY TO OBSERVE [01:05:01] AS, AS STAKEHOLDERS, MATT'S LEADERSHIP THROUGH THE RTC PLUS B PROGRAM FOR MANY YEARS. I HAD THE, THE PRIVILEGE TO SEE IT INTERNALLY THROUGH, UH, THE LENS OF ERCOT AS WELL. AND, UH, MATT JUST SPENT THE LAST FIVE MINUTES OR SO GIVING CREDIT TO EVERYBODY ELSE. I THINK I'D JUST LIKE TO ASK YOU TO JOIN ME IN, IN RECOGNIZING MATT'S LEADERSHIP OF THE RTCB PROGRAM AND ITS SUCCESSFUL IMPLEMENTATION, UH, IN DECEMBER. AND SO FOR THE NEXT FEW MONTHS, I'M GONNA BE SWIMMING AROUND IN MATT'S VERY LARGE SHOES. UH, AND, UH, AS, AS MATT MENTIONED, TAKING ON THE, UH, THE CHAIR ROLE OF R-T-C-P-T-F, AND GLAD TO BE WORKING WITH, UH, WITH DAVID KEY. UH, AND AS HE CONTINUES HIS ROLE AS VICE CHAIR. UM, WE PRESENTED THE, UH, THE LEADERSHIP TRANSITION TO YOU IN THE SLIDES EARLIER TODAY. AND, AND THANK YOU FOR SUPPORT OF THE, UH, THE LEADERSHIP TEAM THERE. UH, WE DID HAVE, UH, A MEETING OF THE R-T-C-B-T-F YESTERDAY. UM, AND SO WE TALKED THROUGH THAT. THE, THE SAME, UH, THE, THE SAME TOPIC AROUND THE, THE LEADERSHIP TRANSITION. UM, MATT ALLUDED TO SOME OF THE ISSUES THAT WE HAD OBSERVED IN, UH, IN THE STABILIZATION PERIOD AND THE, THE STEPS THAT WE HAD TAKEN TO CORRECT THOSE. AND SO WE WANTED TO, UH, USE THE, THE TASK FORCE MEETING YESTERDAY AS AN OPPORTUNITY TO DELVE A LITTLE BIT MORE DEEPLY INTO, INTO, UH, TWO ISSUES. UH, ONE, UH, A SOFTWARE ISSUE THAT WAS IMPACTING CERTAIN ANCILLARY SERVICE TRADES. AND SO WE TALKED THROUGH THE IMPACTS TO, TO, TO SETTLEMENT, UH, TO THE, UH, TO THE REAL TIME MARKET AND, UH, AND TO R UH, AS, AS A RESULT OF SOME OF THOSE, THOSE CHANGES. UM, AND, UH, WE ALSO TALKED ABOUT SOME OF THE OPTIMIZATION TUNING THAT WE'VE BEEN DOING WITH PARAMETERS WITHIN THE OPTIMIZATION SOLVER. UH, IT WAS A, A VERY TECHNICAL DISCUSSION, UH, ABOUT DIFFERENT SOLVER METHODS, AND IT ALL SOUNDED VERY EXCITING. UM, UH, BUT AN OPPORTUNITY FOR US TO, TO SHARE SORT OF AS WE'RE GOING THROUGH THE OPTIMIZATION, AND SORRY, AS WE'RE GOING THROUGH THE STABILIZATION PERIOD, UH, AN OPPORTUNITY FOR US TO, TO SHARE HOW THAT, THAT OPTIMIZATION IS BEING TUNED TO ENSURE THAT WE'RE DELIVERING THE MOST OPTIMAL OUTCOMES, UH, FOR OUR DISPATCH AND PRICING. MM-HMM . UH, LUIS HINOJOSA, UH, DELIVERED A PRESENTATION, UH, ON A PROPOSED CHANGE TO THE TRIGGER FOR OFFLINE NONS SPIND DEPLOYMENTS. UM, AND OUR OBSERVATION OF, OF HOW THE CURRENT TRIGGER HAS BEEN WORKING SINCE THE IMPLEMENTATION OF RTCB, AS WELL AS SOME THAT PROPOSAL THAT THEY'LL BE BRINGING THROUGH AN O-B-D-R-R IN THE COMING WEEKS AND MONTHS TO, TO INSTALL THAT, UH, A NEW TRIGGER PROCESS AND, AND WELCOME STAKEHOLDER FEEDBACK. SO THAT'S A, A CONVERSATION THAT WILL BE, UH, THAT WILL BE TAKEN UP IN THE NORMAL COURSE OF THE STAKEHOLDER PROCESS. AND THEN SOME, UH, ADMINISTRATIVE ITEMS AROUND THE POSTING OF OUR BUSINESS PRACTICE MANUALS AND THOSE THAT WERE UPDATED AS A RESULT OF CHANGES, UH, COMING THROUGH RTC AS WELL AS A BUSINESS PRACTICE MANUAL THAT WAS OBSOLETED BECAUSE IT WAS NO LONGER RELEVANT IN AN RTC WORLD. THE FINAL TOPIC ON THE AGENDA WAS THE INVENTORY OF REMAINING AND, AND OUTSTANDING ISSUES THAT ARE RTC RELATED THAT WE, UM, THAT WE KNOW WE WANT TO ENSURE WE HAVE THE OPPORTUNITY TO, TO DISCUSS IN THE STAKEHOLDER PROCESS. UH, AND THOSE WILL, THE CONSIDERATION OF THOSE WILL FORM THE, THE MANDATE FOR THE REMAINDER OF THE WORK THAT THAT R-T-C-P-T-F HAS TO CONCLUDE. AND I'LL DELVE INTO THAT IN A LITTLE BIT IN THE NEXT SLIDE, BUT I SEE WE'VE GOT BILL IN THE QUEUE. HAPPY TO DO THAT QUESTION NOW, BILL, OR WAIT TILL THE END UP TO YOU. YEP. THANKS, GORD. WELCOME, UH, TO RTC PLUS B, UH, TASK FORCE. I THINK, UM, SOME EXPECTATIONS OUT THERE WERE THAT, THAT THE TASK FORCE WOULD WRAP UP SOONER RATHER THAN LATER, AND THESE ITEMS WOULD, WOULD JUST GET ROLLED INTO THE, THE USUAL SUBGROUPS, LIKE FOR EXAMPLE, THREE IN THE NONS SPEND DEPLOYMENT TRIGGER. THAT'S A, THAT'S A WHOLESALE MARKET ITEM, RIGHT? SO WOULDN'T REALLY CONSIDER THAT SPECIFIC TO RTC PLUS B. AND SO THAT KINDA LEADS ME TO THE INVENTORY OF ISSUES, LIKE, IS THAT ROBUST ENOUGH TO JUSTIFY CONTINUING WITH A SEPARATE TASK FORCE AND MEETING, OR DO YOU THINK THESE THINGS SHOULD BE ROLLED UP INTO THE WHOLESALE MARKET, UH, SUBCOMMITTEE OR WWG, BECAUSE NOW THAT RTC IS LIVE, THESE ARE REALLY JUST WHOLESALE MARKET ISSUES, OR ARE THEY SPECIFIC TO THE IMPLEMENTATION OF THE SOFTWARE? SO JUST TRYING TO STREAMLINE AND CONSOLIDATE MEETINGS. UM, JUST WONDERING IF THIS LIST IS ROBUST ENOUGH WHERE YOU, YOU THINK IT JUSTIFIES A WHOLE SEPARATE TASK FORCE TO CONTINUE, OR WHETHER WE CAN TAKE THESE UP THROUGH WMS? WELL, MY, MY ANSWER BILL HOPEFULLY, UH, WILL, UH, MAKE IT SEEM AS THOUGH WE COORDINATED THIS QUESTION AND ANSWER THAT THIS WAS A PLANTED QUESTION BECAUSE THE, [01:10:01] THE NEXT SLIDE THAT I HAVE HERE WILL SPEAK TO KINDA WHAT THE, WHAT THE PLAN IS FOR THE, FOR, FOR THE, THE NEXT FEW MONTHS AT R-T-C-P-T-F. UM, THE R-T-C-P-T-F WAS CHARTERED TO SEE THE, THE PROGRAM THROUGH TO IMPLEMENTATION. UM, OBVIOUSLY THAT WAS A SUCCESS BACK IN DECEMBER. AND WE ALSO RECOGNIZED THAT ALONG THE WAY THERE WERE A NUMBER OF, UH, DISCUSSION TOPICS AND ANALYSIS REQUESTS AND, AND REQUESTED TO REVISIT SOME OF THE, UM, UH, SOME OF THE ASSUMPTIONS THAT WERE, UH, PRESENT FOR RTC AT, AT GO LIVE, UH, AND WANTED TO MAKE SURE THAT WE HAD DONE A, A SUFFICIENT JOB OF CAPTURING THOSE, UH, THOSE ITEMS SO THAT NOTHING WOULD BE MISSED. BUT THE, THE PLAN IS NOT TO TAKE UP THE DISCUSSION OF THOSE ISSUES THROUGH AND, AND HAVE THE, THE DISCUSSION ON THE MERITS OF THOSE, THOSE DIFFERENT ISSUES AT THE R-T-C-B-T-F, BUT RATHER TO CREATE THAT THE, THE TASK FORCE WOULD CREATE A WORK PLAN THAT IDENTIFIES WHAT ARE THE ISSUES, DO WE AGREE THAT WE'VE GOT THEM, UH, THE COMPREHENSIVE LIST? AND I THINK WE, WE FOUND THAT AGREEMENT YESTERDAY. UM, UNDERSTAND THAT THE SCOPE OF EACH OF THOSE ITEMS, THE RELATIVE PRIORITY, WHERE THEY WILL BE DISCUSSED, WHAT'S THE APPROPRIATE ERCOT STAKEHOLDER BODY TO TAKE UP THAT DISCUSSION AND, AND WHEN WE THINK THAT DISCUSSION COULD BE INITIATED. SO THAT WOULD BE THE FINAL DELIVERABLE OF THE TASK FORCE TO CREATE THAT, THAT WORK PLAN, WHICH WE WOULD THEN BRING BACK TO, TO TAC FOR APPROVAL. AND WITH THAT APPROVAL, THAT WOULD EFFECTIVELY SUNSET THE R-T-C-B-T-F AND SO THROUGH W-M-S-W-M-W-G, WHATEVER THE APPROPRIATE FORM WOULD BE, THEY WOULD TAKE UP THE ACTUAL SUBSTANTIAL DISCUSSION ON THOSE ISSUES. GREAT. THANK YOU. APPRECIATE IT. UH, GORDON, THERE'S ANOTHER QUESTION FROM BOB HILTON, IF YOU DON'T MIND TAKING THAT ONE TOO. OF COURSE. YEAH, I, I'M NOT SURE WHERE TO PUT THIS, BUT I, I WASN'T ABLE TO GET TO THE MEETING YESTERDAY. I WAS ACTUALLY WITH MATT IN HIS NEW POSITION, YESTERDAY. UH, ONE OF THE THINGS THAT, I DON'T KNOW IF IT'S WIDESPREAD OR NOT WIDESPREAD, BUT THERE, YOU KNOW, THE LAST THING YOU ALWAYS GET TO WHENEVER YOU'RE DOING A CHANGE LIKE THIS IS SETTLEMENT. AND I'M UNDERSTANDING, AT LEAST FROM OUR PERSPECTIVE, I DON'T KNOW HOW WELL WIDESPREAD IT IS THAT THE SETTLEMENT SYSTEMS ARE TRYING TO CATCH UP NOW TO BE ABLE TO MIRROR WHAT IS COMING OUT OF RTC IN THE SETTLEMENT SIDE. AND WE'RE NOT ALWAYS CURRENTLY RIGHT NOW MATCHING AND IT'S HARD TO VERIFY WHERE WE'RE AT. UH, SO THAT, THAT'S A TIME ISSUE. UH, THE QUESTION I HAVE IS, BASED ON THAT ISSUE, IS IT REASONABLE OR WOULD ERCOT CONSIDER LOOKING AT THE DISPUTE TIMELINES FOR SETTLEMENT AND SEE IF THERE COULD BE A PAUSE IN THE TIMELINE FOR THE SETTLEMENTS OF RTC DISPUTES SO THAT WE COULD GET THESE MIRRORED SETTLEMENT SYSTEMS IN PLACE PROPERLY SO THAT WE COULD THEN, INSTEAD OF FILING SOME, YOU KNOW, DISPUTES NOW, THERE MAY NOT BE DISPUTES 'CAUSE THEY'RE JUST MISMATCHES BECAUSE OF THE SYSTEMS THAT WE CAN GET TO BETTER ANSWERS AND REAL DISPUTES. IF WE COULD ADD SOME TIME IN THE TIMEFRAME FOR FILING THOSE DISPUTES, UH, TO DO THAT, WE, WE WOULD LIKE FOR YOU GUYS TO TAKE A LOOK AT THAT. I DON'T KNOW HOW WIDESPREAD IT DOES. I SAW SOME HEADS NODDING ON THAT WHENEVER I WAS MENTIONING THAT, BUT, UH, I WOULD LIKE FOR YOU GUYS TO EITHER IN THIS OR SOME OTHER VENUE WITHIN ERCOT, TAKE A LOOK AT THAT AND SEE IF THAT WOULD BE APPROPRIATE TO DO OR DOABLE. YEAH, I, I WOULD SAY I WOULD, I DON'T HAVE AN ANSWER FOR YOU RIGHT NOW, BOB, BUT HAPPY TO, TO TAKE THAT AWAY AND, AND DISCUSS WHERE WE, WHERE WE DO OR DO NOT HAVE, HAVE FLEXIBILITY TO, TO CONSIDER THAT AND, AND TO BRING AN ANSWER BACK. OKAY. THAT WOULD BE GREAT. THANK YOU, IAN. THANK YOU. MY TOPIC'S A LITTLE BIT DIFFERENT, SO I WAS GONNA SEE JOHN ROSS WANTED TO, OKAY, PERFECT. UM, SO I SPOKE ABOUT THIS YESTERDAY, GORDON, AT RT C PLUS B. UM, I DEFINITELY AGREE. THE WAY I SUMMARIZE IT, UM, IS A LITTLE BIT DIFFERENTLY. UM, I SUMMARIZE IT AS WHERE THE IMPLEMENTATION DID NOT GO AS PLANNED IS WHERE RTC PLUS B SHOULD WORK ON, UH, THE TASK FORCE SHOULD WORK ON, AND EVERYTHING ELSE NEEDS TO GO TO THE APPROPRIATE, UH, GROUPS. SO, UH, JUST WANTED TO SPEAK IN FAVOR OF WHAT YOU WERE SAYING. THANK YOU. THANK YOU AGAIN. OKAY. THANK YOU. JOHN RU HUBBARD, JOHN RU HUBBARD WITH TAC. UM, I JUST WANTED TO CHECK TO SEE IF THERE WAS GONNA BE KIND OF A LOOK BACK TO MAKE SURE THAT THE, THE A SDC, THEIR ANCILLARY SERVICE DEMAND CURVES ARE REVENUE NEUTRAL COMPARED TO THE ORDC CURVE. THERE'S CERTAINLY, AS ONE OF THE, THE ISSUES THAT'S ON THE LIST AND THE LIST HAS BEEN POSTED TO THE R-T-C-B-T-F UH, WEBPAGE IS A, A REVIEW OF THE PERFORMANCE OF THE ANCILLARY SERVICE DEMAND CURVES, UH, A POST IMPLEMENTATION TO ENSURE THAT THEY'RE, UH, ACHIEVING THE OBJECTIVES OF, OF RTC [01:15:01] AND GENERALLY HOW THEY ARE, HOW THEY ARE PERFORMING. UM, SO THAT WILL BE, UH, THAT WILL BE KIND OF THE, THE SCOPE OF TWO ITEMS UNDER THAT, THAT GENERAL REVIEW OF THE ASDS AND, AND ASCS, PARDON ME, AND THEIR PERFORMANCE. SO THAT IS RIGHT NOW ITEMS ONE A AND ONE B. SO THEY'RE MOST CERTAINLY ON THE LIST. PERFECT. THANKS. OKAY, Q IS CLEAR. THANK YOU VERY MUCH. ALL RIGHT, THANKS GLORIA. THANK YOU, MATT. WE [16. Large Load Issues ] NOW HAVE, UM, A LARGE SECTION ON LARGE LOAD ISSUES. WE'RE GONNA TAKE UP FOUR AND A HALF ITEMS TODAY. UM, THE REGULAR LARGE LOAD WORKING GROUP REPORT, UM, MARTHA'S GONNA GIVE US AN UPDATE AFTER THAT ON KIND OF PLANNED TIMELINE FOR THE, THE RIDE THROUGH REVISION REQUESTS, LARGE LOAD INTERCONNECTION STATUS UPDATE, LARGE LOAD INTERCONNECTION, BATCH STUDIES, AND RELIABILITY REQUIREMENTS FOR LARGE LOAD. WE ARE STILL PRETTY EARLY. UM, IT'S 10 45, SO I THINK WE CAN KNOCK THIS ALL OUT BEFORE LUNCH. BUT I JUST WANTED US ALL TO BE THINKING ABOUT, UM, TIME OF THIS DISCUSSION. I, YOU KNOW, I, I THINK MAYBE WE'D MAX THE WHOLE THING OUT AT AN AN HOUR AND A HALF IF IT'S TAKING THAT LONG. UM, AND WHEN WE GET TO THE, THE INTERCONNECTION STATUS UPDATE, I, I HAVE SOME IDEAS TO, TO MAKE THAT A LITTLE BIT MORE TARGETED DISCUSSION. SO WITH THAT, LET'S START WITH THE LARGE LOAD WORKING GROUP REPORT WITH, UH, BOB WHITMEYER. THE FIRST, THE FIRST TWO ITEMS ON THE LARGE LOAD GROUP SHOULD BE PRETTY EASY TODAY. UM, SO JUST QUICK REVIEW OF DECEMBER 11TH MEETING. UM, YOU KNOW, AND AND MUCH CREDIT TO ORCUTT ENGINEERS, THEY INITIALLY CAME OUT WITH A, WITH A CAP OF 2,600 MEGAWATTS. THEY'VE NOW SHARPENED THEIR PENCILS, REFINED THEIR STUDIES SOME MORE, AND BELIEVE WE CAN GO UP TO 3,200 MEGAWATTS ONLINE IN AN AREA BEFORE THE VOLTAGE RIDE THROUGH BECOMES A, A SIGNIFICANT ISSUE. UM, AND A LOT OF THAT WAS BECAUSE OF THE SR'S ABILITY TO ABSORB ENERGY, AND THAT HAD BEEN MISSING IN THE PREVIOUS EXAMPLES. UM, THE, UM, DYNAMIC MODEL STILL NEED WORK. UM, ERCOT IS DOING OUTREACH, UM, TO REQUEST IMPROVED MODELS. PART OF THE PROBLEM WITH THAT, LIKE NOER 2 45, IS THERE'S A LIMITED NUMBER OF PEOPLE THAT CAN RUN THESE DYNAMIC MODELS. AND WHEN YOU WANT SOMETHING NEW AND DIFFERENT, IT TAKES TIME. UM, SO THEY, YEAH, ERCOT HAS BEEN DISAPPOINTED IN THE RFI RESPONSES, BUT THEY'RE GOING THROUGH THE TDSP AND THAT HASN'T HELPED A LOT EITHER. NEXT SLIDE, PLEASE. UM, SO THE, UH, BIG HEADS UP TO A LOT OF FOLKS, UH, WITH PIGGER 1, 1 15 UNBOXED LARGE LOAD NOW GOES THROUGH THE QSA, SO YOU NEED TO PAY ATTENTION TO THE QSA DATE, AND THEY'RE COME MUCH FASTER THAN YOU THINK, UM, TOMORROW. UM, SO WE'RE GONNA TALK ABOUT BATCH STUDIES LATER TODAY AND TOMORROW AT, UM, LLWG. LET'S DO ONE MORE SLIDE, I THINK. AND SO HERE'S TOMORROW WE'RE GONNA TALK ABOUT, UH, CHAIR AND VICE CHAIR, SEE IF THERE'S ANY OTHER IDIOTS THAT WANT TO SIGN UP BESIDES PATRICK AND MYSELF. UM, WE'RE GONNA HEAR ABOUT THE BATCH STUDIES AND FIGURE 1 34. UM, ERCOT IS GONNA GIVE US AN UPDATE ON THEIR EVALUATION OF THE VRT REQUIREMENTS. NOW, THESE REQUIREMENTS THAT ARE WHAT ERCOT WANTS, WE HAVEN'T GOTTEN TO WHAT THE INDUSTRY CAN DO YET, SO WE'LL FIND OUT HOW THAT'S GOING. UM, AND THERE'S THE OTHER TOPICS ON THE LIST. SO LOOKING FORWARD TO SEEING A BUNCH OF YOU TOMORROW. WITH THAT, I'LL TAKE ANY QUESTIONS, UM, BUT I THINK THE QUESTIONS ARE COMING IN THE FOURTH PRESENTATION ON THIS TODAY. ALL RIGHT, THANK YOU. THANKS, BOB, YOU'D LIKE TO CONTINUE AS CHAIR, CORRECT? I'M WILLING. AWESOME. OKAY. UM, THAT'S GOOD ENOUGH FOR ME, LAR. SO I THINK NEXT, COREY, CAN YOU PULL UP, THERE'S A FILE THAT'S LIKE LARGE LOAD PROVISION REQUESTS, TAX SOMETHING. OKAY. AND I WILL HAND THIS OVER TO MARTHA. YEAH, THANK YOU. UM, SO LEVERAGING OFF OF WHAT BOB'S LAID OUT FOR TOMORROW WITH THE LARGE LOW WORKING GROUP, I, I THOUGHT THAT IT MIGHT BE HELPFUL TO START THINKING ABOUT A SCHEDULE FOR THE TWO BOARD PRIORITY REVISION RE REQUESTS ATTACHED TO THIS. SO NPR 1308 AND NORE 2 82. UM, THIS IS NOT SET IN STONE, IT'S JUST MY SUGGESTION FOR FOLKS TO BE THINKING ABOUT IN TERMS OF WHAT ISSUES ARE BEING DISCUSSED, WHERE, AND WHAT [01:20:01] A POTENTIAL TIMELINE WOULD NEED TO LOOK LIKE TO GET THOSE TWO REVISION REQUESTS IN A POSITION TO BE AT THE BOARD OF DIRECTORS MEETING IN JUNE, WHICH I BELIEVE IS THE GOAL, THE TIMELINE GOAL FOR THESE. SO, UM, YOU KNOW, FORMALLY UP ON THE TOP LEFT, THE NPRR IS TABLED AT PRS AND THEN ALSO AT ROSS. UH, THE NOER, UM, HAS BEEN REFERRED BY ROSS TO SPWG AND DWG. UM, THE WAY THAT I'VE BEEN THINKING ABOUT THE TASKS THAT VARIOUS GROUPS ARE TO BE WORKING ON IS BELOW THAT IN THE BOTTOM LEFT. UM, YOU KNOW, THESE REVISION REQUESTS ARE BEING PROCESSED THROUGH THE TRADITIONAL STAKEHOLDER PROCESS, QUOTE UNQUOTE, VERSUS THROUGH A VENUE LIKE WORKSHOPS, WHICH MEANS, UH, UNFORTUNATELY THERE'S PROBABLY MULTIPLE DISCUSSIONS, UH, HAPPENING AT DIFFERENT GROUPS SIMULTANEOUSLY THAT I KNOW CAN BE VERY DIFFICULT TO TRACK. SO I'D LIKE TO KEEP THIS KIND OF MAYBE AS A STANDING ITEM FOR THE NEXT COUPLE MONTHS HERE AT TAC AND MAKE CHANGES AS IT GOES, BUT JUST MAKE SURE THAT PEOPLE HAVE THE AWARENESS OF WHAT'S BEING DISCUSSED WHERE, SO THAT YOU KNOW, IF YOU HAVE AN INTEREST IN A PARTICULAR TOPIC, YOU KNOW WHERE TO FIND IT AND WHERE THEIR MEETINGS ARE. SO LET ME GO THROUGH THE DEAL ON THE BOTTOM LEFT REAL QUICK. THERE, THERE WAS A DISCUSSION AT THE NOVEMBER TAC, UM, WHERE SOME CONSUMERS REQUESTED THAT THE SPECIFIC TOPIC ABOUT WHETHER ERCOT CAN IMPOSE RELIABILITY REQUIREMENTS ON END USE CUSTOMERS BE DISCUSSED AT TAC ITSELF. SO NATHAN'S HERE LATER IN THE MEETING TO TALK ABOUT THAT, TO MEET THAT REQUEST. UM, SO WE PLAN TO HAVE THAT INITIAL DISCUSSION TODAY. UH, MY SUGGESTION WOULD BE, THOUGH, NOT TO MAKE THIS A RECURRING DISCUSSION AT TAC UNLESS THERE'S A STRONG NEED TO SO THAT WE CAN LEVERAGE THE OTHER GROUPS FOR THE FORMAL COMMENTING PROCESS ON THE TWO REVISION REQUESTS. UM, SO THAT LEADS US DOWN TO LLWG AGAIN, WHICH MEETS MONTHLY AND IS MEETING TOMORROW. I BELIEVE BOTH OF THESE ARE ON THE AGENDA FOR TOMORROW. CERTAINLY THE NOGA IS, UM, SO LLWG IS GONNA BE FOCUSING ON THE DEFINITION IN THE NPRR. UH, I THINK THEY CAN ALSO, AFTER THE T DISCUSSION TODAY, UH, BEGIN CONSIDERING COMMENTS THAT GET FILED ON THE APPLICABILITY, UM, OF THE NOER PARTICULARLY. AND THEN ALSO I THINK TECHNICAL DETAILS, WHICH ARE MOSTLY IN THE NOER ARE ALSO FAIR GAME FOR, UM, LLWG AS WELL. AND THEN LAST, THE ROSTER REFERRALS, WHICH SENT THE NOER TO SPWG AND DWG. UM, IT'S MY UNDERSTANDING THOSE DISCUSSIONS ARE ALREADY UNDERWAY. UH, AND THERE ARE SEVERAL MEETING THEIR MEETINGS SCHEDULED IN FEBRUARY FOR BOTH OF THOSE GROUPS, UM, TO DISCUSS THE TECHNICAL REQUIREMENTS OF RIDE THROUGH THE VOLTAGE AND FREQUENCY RIDE THROUGH. UM, ARE THERE ANY QUESTIONS ABOUT WHO'S DOING WHAT, ? UH, BEFORE WE KIND OF GO TO THE RIGHT SIDE AND LOOK AT THE TIMELINE, DO YOU WANNA CONFIRM WITH SHANE WHAT ROSS IS DOING IF, IF HE KNOWS? YEAH, YOU'VE GOT THE, WHAT WE'RE THE KIND OF GOAL IN MIND HERE? WE'RE THESE ARE SOME OF THE PRIORITY REVISION REQUESTS THAT WE'RE GOING TO BE TRYING TO WORK THEM THROUGH THEM EXPEDITIOUSLY. WE'VE GOT, YOU KNOW, KICK 'EM OFF FOR LIKE TECHNICAL EVALUATION AND WE'LL HOPE TO, OKAY. AND WE, SO WE KNOW THE SPWG AND DWG ARE WORKING ON THOSE TABLES AND CORRESPONDING LANGUAGE. OKAY, GO AHEAD. OKAY. UM, SO AGAIN, THIS IS SOMETHING I CAME UP WITH ON THE RIGHT. WE CAN MAKE CHANGES TO THIS AS THINGS EVOLVE OR IF, YOU KNOW, THERE'S MAJOR CONCERNS WITH KIND OF THIS FRAMEWORK OR GOAL TIMELINE, UM, I'M HAPPY TO HEAR THOSE, BUT MY THINKING AT A HIGH LEVEL IS THE, THE MOST EFFICIENT WAY TO PROCESS THESE, GIVEN THE, THE MULTIPLE GROUPS DISCUSSING THEM, WOULD BE TO IDEALLY HAVE, UH, SPWG AND DWG TRY TO FINISH THEIR WORK ON THESE IN FEBRUARY AND CONSIDER A POTENTIAL VOTE ON THE NO AND NPRR AT THE MARCH ROS. UM, THAT WAY ONCE THE ROSS VOTE IS DONE, WE CAN SORT OF FUNNEL THE REMAINDER OF THE DISCUSSIONS OVER TO LLWG, ALTHOUGH THEY'LL ALSO BE DISCUSSING IN PARALLEL. UM, SO THAT HOPEFULLY THERE'S SORT OF A CLEAR PLACE WHERE PEOPLE WOULD GO TO GET THEIR COMMENTS DISCUSSED. AND I THINK FOR THE MOST PART, THAT WOULD PROBABLY BE LLWG. UM, SO THAT'S SORT OF WHAT I'VE ATTEMPTED TO LAY OUT HERE IN TERMS OF, LIKE IN FEBRUARY, THE WORKING GROUPS WOULD BE DISCUSSING THE TWO REVISION REQUESTS, AND HOPEFULLY IN MARCH, SANDEEP AND SHANE CAN TAKE INVENTORY ON THOSE ACTIVITIES TO SEE IF A VOTE ON THE NORE NPR CAN BE DONE AT ROSS IN MARCH. UM, AND THEN IF THAT DOES HAPPEN, THEN OBVIOUSLY THE NPR REVERTS BACK TO PR S'S HANDS AND, UM, IN PARALLEL, LLWG CAN CONTINUE DISCUSSING BOTH ITEMS THROUGH THE REMAINDER OF MARCH AND APRIL TIMEFRAME. [01:25:01] BUT I KNOW JUNE, JUNE SEEMS KIND OF LIKE A LONG WAY AWAY, BUT HONESTLY IT'S REALLY NOT. UM, AND SO THIS IS SORT OF MY BEST THOUGHT ABOUT WHERE PEOPLE SHOULD BE FOCUSED. AND I THINK I WOULD JUST SAY IN TERMS OF COMMENTING, THE, THE EARLIER YOU CAN FILE COMMENTS TO THESE, THE BETTER FORMAL COMMENTS THAT IS, AND THERE'S, YOU KNOW, A MULTITUDE OF PLACES YOU CAN GET THOSE DISCUSSED THROUGHOUT THE FEBRUARY TIMELINE. BUT, BUT REALLY GOING INTO APRIL AND MAY, WE NEED TO START FOCUSING ON, UH, DISCUSSIONS AT TAC IN ANTICIPATION OF A VOTE AT TAC, POTENTIALLY IN LATE APRIL, OR I THINK WE HAVE ALSO TWO SHOTS IN MAY. SO, UM, DEPENDING ON HOW THINGS GO IN FEBRUARY, I'LL BRING AN UPDATE TO THE SLIDE FOR THE FEBRUARY MEETING, UH, WHICH IS LATE IN LATE IN THE MONTH IN FEBRUARY. AND IF OTHER PEOPLE HAVE FEEDBACK ON THIS, UH, OTHER SUGGESTIONS ON HOW TO SORT OF ACCOMPLISH THIS, I'M ALWAYS HAPPY TO HEAR THOSE. BETH, THIS, THIS WAS A, WE HAD THIS DISCUSSION LAST NIGHT, SHANE, AND, AND I'LL JUST OFFER SOME THOUGHTS ON, PARTICULARLY ON ISSUES WHERE WE'RE, YOU KNOW, EVERYBODY'S NOT GONNA AGREE AND THERE'S GOING TO BE DIFFERENT PERSPECTIVES. AND I THINK, AGAIN, MY PERSPECTIVE IS THE VALUE OF THE WORKING GROUPS WHO ARE NOT VOTING BODIES, THAT SHOULD BE THE PLACE WHERE WE WOULD HOPE THAT THE ISSUES GET DEFINED. AND, AND IF IT TURNS INTO OPTION A AND OPTION B, THAT'S WHAT THE PRODUCT FROM THE WORK GROUP SHOULD BE FOCUSED ON, IS CRYSTALLIZING THE DIFFERENCES SO THAT THOSE DIFFERENCES CAN BE BROUGHT TO A VOTING BODY AND A DECISION CAN BE MADE. AND I, YOU KNOW, CONSENSUS IS GREAT AND THAT THAT PROVIDES POWERFUL, UH, YOU KNOW, POWERFUL MOVEMENT AND POWERFUL OUTCOMES. BUT EVEN MORE IMPORTANT IS UNDERSTANDING THE DIFFERENT PERSPECTIVES AND, AND GETTING IT TO A PLACE WHERE A VOTE AND AN ACTUAL DECISION CAN BE MADE, PARTICULARLY ON THESE KINDS OF ISSUES THAT HAVE A, HAVE A TIMELINE OR TIME CERTAINTY TO 'EM. SO FOR WHAT IT'S WORTH THAT, THAT WOULD BE MY, MY SUGGESTION OR MY EXPECTATION FOR, UH, FOR HOW SOME OF THESE ISSUES MOVE FORWARD. CLARKSDALE, THANKS. UM, FIRST I WANT TO THANK Y'ALL FOR LAYING OUT A, A GOOD DETAILED PROCESS FOR, UM, ARGUING ABOUT THE ISSUES THAT ARE PRESENTED IN THESE TWO REVISION REQUESTS. AND, UM, I'M MINDFUL OF, UM, YOU KNOW, A COUPLE YEARS AGO WHEN, WHEN THERE WERE LOTS OF CONVERSATIONS ABOUT CHANGING SOME RELIABILITY REQUIREMENTS AND THE WHEELS FELL OFF, UH, IN THIS, IN THE STAKEHOLDER PROCESS, AND, UM, IT WAS UNDERSTANDABLE THAT THERE'S, THERE ARE A LOT OF CONFLICTING INTERESTS IN, IN THOSE PROPOSALS. AND SO ONE THING THAT I WANTED TO DO, JUST TO PROVIDE A LITTLE BIT OF CLARITY ABOUT COMMISSION STAFF'S OPINION ABOUT, UM, 1308 AND 2 82, IS THAT WE ARE SUPPORTIVE OF THE CONCEPTS CONTAINED THEREIN. AND SO IF THERE'S ANY QUESTION FROM, UH, STAKEHOLDERS ABOUT WHERE STAFF WILL END UP CONCEPTUALLY WITH THESE PROPOSALS, HOPEFULLY THAT TAKES ANY, UH, AMBIGUITY OUT OF THE EQUATION, THE SPECIFICS, UM, I THINK WE'RE LOOKING FORWARD TO HOW YOU ALL, UM, DEBATE IT AND COME UP WITH LANGUAGE THAT MIGHT MAKE SENSE. UM, AND WE WILL BE ENGAGED, UM, THROUGHOUT THE PROCESS. THANKS. I JUST WANTED TO SAY THANK YOU. THAT'S VERY HELPFUL. I THINK PARKSDALE. OKAY. ANY QUESTIONS OR COMMENTS HERE? IT IS VERY DETAILED. SORRY, I JUST DON'T, OKAY. I'LL BE OPTIMISTIC. I THINK WE CAN STICK TO THIS . MAYBE WE CAN CHECK BACK IN AND SEE HOW CLOSELY WE'RE MATCHING THIS. WELL, DON'T HAVE PLAN. I MEAN, IT'S GOOD TO HAVE A PLAN. IT'S A REALLY GOOD PLAN. YEAH. AND I, AGAIN, I'LL JUST SAY THIS PLAN MAY CHANGE, BUT IT'S A PLAN, UH, FOR PEOPLE TO BE LOOKING AT TO HELP INFORM WHEN TO FILE COMMENTS. AND AGAIN, PLEASE DO THOSE AS SOON AS POSSIBLE. THE EARLIER THE BETTER. AND I GUESS BACK TO BETH'S POINT, I WOULD JUST SAY MOST LIKELY, I THINK WHAT SHE'S SUGGESTING ABOUT, UM, THE ROLE OF THE WORKING GROUPS IS GONNA FALL HEAVILY ON LLWG, IN MY OPINION, ESPECIALLY IN THE LATTER STAGES OF THE PROCESS. SO THAT'S JUST SOMETHING FOR POTENTIALLY BOB IF HE GETS REELECTED TOMORROW AND HIS WING PERSON TO BE THINKING ABOUT. YEAH, AND I THINK THE COORDINATION IS IMPORTANT BETWEEN ROSS LEADERSHIP AND LLWG LEADERSHIP, POTENTIALLY PRS LEADERSHIP TOO. OKAY. OKAY. THANKS, MARTHA. WE ARE MOVING NOT TERRIBLY SLOW. UM, SO LET'S GO TO THE NEXT LOAD ITEM [01:30:01] IS THE LARGE LOAD INTERCONNECTION STATUS UPDATE. WE, THE SUGGESTION FOR TODAY IS THAT WE FOCUS ON QUESTIONS ABOUT THE UPDATE AND MAYBE WE HOLD OFF ON SUGGESTIONS TO CHANGES TO THIS UPDATE. UM, OR, YOU KNOW, CAN WE SEE X INFORMATION OR Y INFORMATION, UM, IN A DIFFERENT FORM, JUST HOPING TO MAYBE CONDENSE AND MAKE MORE PRODUCTIVE THE DISCUSSION AT TECH. UM, THE INTERCONNECTION PROCESS IS GOING TO CHANGE, AS WE ALL KNOW, AND WE'LL HEAR FROM JEFF. SO I THINK IT'S A GOOD TIME TO, TO MAYBE STOP ITERATING ON SOMETHING THAT'S ABOUT TO CHANGE. AND THEN I THINK WE'LL RAISE FOR DISCUSSION ALSO WHETHER WE'D LIKE TO CONTINUE TO SEE THIS REPORT AT TECH OR IF IT CAN MOVE BACK TO LLWG OR SOMETHING ELSE, OR, OR, YOU KNOW, BIFURCATE THE DISCUSSION, LIKE HAVE THE DISCUSSION ON THE REPORT HERE, AS I SUGGESTED FOR TODAY, BUT CHANGES TO THE REPORT HAPPEN AT LLWG. SO LET'S, LET'S TRY TO, ALL THAT BEING SAID, LET'S TRY TO FOCUS ON QUESTIONS ABOUT WHAT YOU'RE SEEING, UM, AND, AND HOLD OFF ON THE, THE FEEDBACK AND SUGGESTED CHANGES TO, TO WHAT WE WANNA SEE. OKAY. IS THIS JULIE? HEY, UH, THIS IS GOOD MORNING. THIS IS AY SPRINGER. AWESOME. I'M GONNA GIVE THE PRESENTATION THIS MORNING. UM, SO, UH, THE, THE INFORMATION IN THE REPORT IS LARGELY UNCHANGED FROM THE LAST UPDATE THAT WAS PROVIDED TO TAC. UH, THERE HAS BEEN A SLIGHT DECREASE IN THE SIZE OF THE QUEUE, UH, DUE TO SOME PROJECT CANCELLATIONS IN THE MONTH OF DECEMBER, UM, AS, UH, WITH PIGGER ONE 15 BOXED AND ADDITIONAL INFORMATION AND UPDATES TO PROJECT INFORMATION AS THEY CHANGE NOW REQUIRED. UM, YOU KNOW, WE DO DO EXPECT THAT THERE MAY BE SOME ADDITIONAL PROJECTS THAT ARE, ARE REMOVED THROUGH CANCELLATIONS AS WELL. UM, BUT AS CAITLIN MENTIONED, THE THE OVERALL PROCESS IS ALSO, UH, LIKELY TO CHANGE IN THE NEAR FUTURE. AND SO, UM, YOU KNOW, HARD, HARD TO PREDICT EXACTLY HOW THAT WILL, UH, AFFECT, BUT, BUT WE DO EXPECT TO, TO SEE SOME CHANGES. UM, NEXT SLIDE, PLEASE. UM, SO, UH, THIS SLIDE, YOU KNOW, THE, THE OVERALL QUEUE, UH, DID, DID, UH, YOU KNOW, WE, WE HAVE PUSHED OUT THE, THE, THE, THE ENERGIZATION DATES AS THE END OF 2025 ARRIVED, UH, WITH JUST SHY OF SEVEN GIGAWATTS THROUGH THE LARGE LOAD PROCESS NOW APPROVED TO ENERGIZE OR ALREADY, UH, CONSUMING ENERGY. UM, AND THEN OF COURSE, YOU KNOW, UH, APPROXIMATELY, UH, 14 GIGAWATTS STILL UNDER ACTIVE STUDY. UH, SO BETWEEN NOW AND 2030. UM, SO AGAIN, NOT A, NOT A SIGNIFICANT CHANGE FROM THE LAST UPDATE. UH, NEXT SLIDE. UM, AGAIN, NOT, NOT MUCH CHANGE HERE. WE, YOU KNOW, WE DID HAVE AN, UH, SOME ADDITIONAL APPROVALS TO ENERGIZE, UH, UH, OCCURRING, UH, IN THE, THE LATE PART OF, UH, 2025. UM, AND SO, YOU KNOW, AGAIN, MOST OF THE INFORMATION IS RELATIVELY STATIC. UH, NEXT SLIDE. UM, AND THEN, YOU KNOW, WE HAVE, WE HAVE THE BREAKDOWNS WE'VE BEEN PROVIDING, UH, BASED ON LOAD ZONE AND, UH, BASED ON PROJECT TYPE. AND, UH, THESE HAVE REMAINED RELATIVELY STATIC IN THE LAST FEW MONTHS. UH, MOVING TO THE NEXT SLIDE. SO I THINK WE'RE ON SIX NOW. UH, YEAH, SO, UH, WE HAVE OBSERVED A, UM, SLIGHT DECREASE IN THE, YOU KNOW, SORT OF PEAK MEGAWATTS THAT ARE BEING SERVED, UH, UH, IN THE LAST, UH, COUPLE MONTHS. BUT AGAIN, YOU KNOW, IT'S, IT'S, IT'S STAYED RELATIVELY, UH, STABLE IN THE LAST 12 MONTHS. SO, UM, YOU KNOW, NOT, NOT MUCH CHANGE THERE, BUT YOU CAN SEE THE ADDITIONAL, UH, MEGAWATTS THAT HAVE BEEN APPROVED TO ENERGIZE IN IN THOSE LAST TWO MONTHS. UM, NEXT SLIDE. AND THEN, OF COURSE, UH, THIS IS, UH, THE SAME VIEW, BUT, UH, LOOKING AT PEAK SIMULTANEOUS LOAD RATHER THAN THE, THE NON COINCIDENT PEAK. UH, AND THEN IF WE CAN MOVE ON, UH, NEXT SLIDE. I'M GONNA GO THROUGH THESE NEXT FEW RELATIVELY QUICKLY. SO THE DISTRIBUTION OF, UH, LOAD PROJECTS BY SIZE, UH, AND NEXT SLIDE. [01:35:02] UM, AND THEN BY D BY TSP, UH, YOU KNOW, AGAIN, THIS GIVES A VIEW OF, UH, YOU KNOW, WHERE THE REQUESTS ARE BEING MADE, BUT ALSO, YOU KNOW, WHAT PHASE OF STUDY WE'RE SEEING. NEXT SLIDE. UM, SO SLIDE 10 WAS THE ONLY GRAPH THAT WAS, UH, SUB SUBSTANTIVELY UPDATED BASED ON THE FEEDBACK WE RECEIVED AT THE LAST TAC. UH, SO WE HAVE PROVIDED A BREAKDOWN ON HERE OF PROJECT SIZE IN THE, THE REQUESTS. SO THESE ARE, AGAIN, THIS IS THE DATE THAT THE PROJECTS WERE SUBMITTED TO ERCOT. UM, YOU KNOW, AND OF COURSE YOU CAN SEE THE, UH, THE WAVE THAT STARTED IN THE FOURTH QUARTER OF 2024 THAT I'VE, I'VE KIND OF HARPED ON ON THE LAST FEW MEETINGS. UM, AND, UH, YOU KNOW, I THINK YOU CAN SEE QUITE CLEARLY THERE THAT THE, THE LARGEST GROWTH HAS BEEN FROM PROJECTS THAT WERE SUBMITTED IN EXCESS OF 7,750 MEGAWATTS. UM, SO WE'VE SEEN, YOU KNOW, UH, QUITE A CHANGE FROM THE EARLY DAYS OF THIS PROCESS WHERE, UH, THE, THE SUBMISSIONS WERE MORE, YOU KNOW, 500 MEGAWATTS AND BELOW. UM, NOW, NOW WE'RE SEEING, YOU KNOW, MUCH LARGER REQUESTS OVERALL, WHICH HAS CONTRIBUTED TO THE, UH, UH, THE INCREASE IN, UH, THE OVERALL MEGAWATTS IN THE QUEUE. UH, NEXT SLIDE. UM, LOOKING AT ENERGIZATION DATES, UH, THE PROJECTED ENERGIZATION DATES TEND, YOU KNOW, CONTINUE TO BE CLUSTERED AROUND, UH, 2020, YOU KNOW, END OF THIS YEAR THROUGH 2029. BUT, UH, YOU KNOW, AGAIN, UH, THOSE OFTEN SHIFT. SO THIS IS, UH, THE, THE VIEW AS IT STANDS RIGHT NOW. UM, AND THEN FINALLY, I THINK WE HAVE ONE OR TWO MORE SLIDES, UH, BREAKDOWN BY DISTRIBUTION TYPES. SO DATA CENTER CONTINUES TO MAKE UP, UH, ABOUT 72, 70 3% OF THE, UH, REQUESTS THAT WE ARE TRACKING. THAT'S, AGAIN, STAYED, UH, STABLE AS, UH, COMPARED TO THE LAST UPDATE, I THINK IT WAS ABOUT 73% LAST MONTH. UM, WE DO EXPECT THAT THE NONE CATEGORY AS WE ARE NOW, YOU KNOW, WITH PGA ONE 15 EFFECTIVE AND THE, THE CH CORRESPONDING CHANGES, UH, IN NPR 1234 ARE UNBOXED AS WELL, THAT THIS, UH, UH, BAR WILL GO TO ZERO AS THE RFIS TO TRUE UP ALL OUR INFORMATION COME BACK IN. UM, AND SO THIS WILL, UH, LIKELY NOT BE A CATEGORY, UH, BY THE NEXT UPDATE OR, OR POTENTIALLY THE SUBSEQUENT ONE. UH, AND THEN FINALLY, IF WE COULD GO TO THE LAST, UH, TWO SLIDES. SO, UH, DISTRIBUTION BY LOAD ZONE. UH, THIS IS FIRST, UH, NUMBER OF MEGAWATTS THAT WE ARE TRACKING. UM, AND THIS, AGAIN, EMITS LOADS THAT WE HAVE NOT RECEIVED ANY STUDY FOR. SO THIS IS ONLY WHAT'S UNDER CURRENTLY UNDER REVIEW OR WHAT HAS, UH, BEEN APPROVED UNDER THE CURRENT PROCESS. UH, AND THEN LAST SLIDE, UH, THE SAME VIEW BY, BY NUMBER OF PROJECTS. UH, SO I SEE WE'VE GOT A COUPLE, UH, QUESTIONS. YEAH. IN THE, UH, THAT'S THE, THE END OF MY PRESENTATIONS. I'M HAPPY TO TAKE SOME QUESTIONS. OKAY. BILL AG ACTUALLY ANSWERED MY QUESTION ON SLIDE 12. THE NONE CATEGORY, I ASSUME THAT WOULD GO AWAY AFTER UNBOXING PICKER 15, SO IT SOUNDS LIKE THAT WILL BE DECREASING OVER TIME. SO THAT ANSWERS MY QUESTION. UM, I JUST WANNA VOICE SUPPORT FOR MOVING THIS UPDATE TO THE LLWG. THANKS. OH, OKAY. UM, LET'S GO TO CHRIS MATTOS. UH, AJ THANK YOU FOR THIS. THIS IS WILDLY IMPROVED. UH, AS TIME HAS GONE ON AND YOU'VE GOTTEN FEEDBACK AND I REALLY APPRECIATE, OR LET'S WORK ON IT. UM, MY ONE QUESTION IS ON SLIDE 11. SO WHAT WOULD YOU SAY THE AGGREGATE AMOUNT OF NO STUDY SUBMITTED LOAD IS, AND IS THERE ANY WAY TO IDENTIFY IF THOSE ARE IN SORT OF THAT UPPER ECHELON CATEGORY OF THE 750 MEGAWATTS VERSUS LIKE THE LOWER ONES? I'M HONESTLY KIND OF ASSUMING IT'S ALL THE LARGER LOAD ONES BASED ON JUST LIKE THE SHEER NUMBER OF MEGAWATTS, BUT DIDN'T KNOW IF YOU HAD ANY CHARACTERIZATION ON THAT. YEAH, I, I DON'T HAVE, UH, ANY, UH, NUMBERS HANDY ON, UH, YOU KNOW, WHAT SIZE LOADS MAKE UP THAT ORANGE, UH, ORANGE SEGMENT. OKAY. I'LL, UH, EMAIL ON YOU ON THE SIDE ASKING. OKAY. BOB HILTON. YEAH, I JUST WANTED TO FOLLOW UP ON WHAT BILL WAS TALKING ABOUT, ABOUT MOVING THIS BACK OVER. YOU KNOW, I WAS KIND OF DEBATING THIS MYSELF ON WHETHER TO GO, 'CAUSE TAC DOES NEED TO KEEP A CLOSE EYE ON WHERE WE STAND ON THIS, BUT I DO BELIEVE THAT IT WOULD BE A GOOD IDEA TO MOVE THAT BACK TO THE LLWG AND [01:40:01] THE HONORABLE BOB WHITMEYER TO, TO KEEP THIS GOING. IT'S, IT'S CHANGED DRAMATICALLY AND IS A VERY GOOD USEFUL TOOL. I THINK, THOUGH MOVING FORWARD WITH THE REST OF THE STUFF WE HAVE THAT'S GONNA TAKE PLACE ON LARGE LOADS WITH THROUGH THE PROCESS AND THE TRACKING, THAT THIS WILL CHANGE ALSO. AND THEREFORE, I THINK IT WOULD BE MORE APPROPRIATE FOR THOSE CHANGES TO BE MARRIED UP AT LLWG AND THEN POTENTIALLY BROUGHT BACK HERE TO TAKE A LOOK AT AND SEE IF WE HAVE ANY REVISIONS OR ADDITIONS WE'D LIKE TO SEE TO THAT WHEN THAT PRODUCT IS BROUGHT FORWARD. OKAY. OKAY. BRIAN, DID YOU WANNA ASK YOUR QUESTION? YOU PUT IN THE CHAT, UH, IT'S SORT OF A CANCELLATION MAD LIB, UH, PROJECTS WERE CANCELED BECAUSE OF X. IF YOU HAVE ANY INSIGHT. HEY, BRIAN? YEAH, I, I, I DON'T HAVE ANY INSIGHT. UH, I WOULD SAY IT IS LIKELY THAT AT LEAST SOME OF THEM WERE, UH, ACTUALLY REALLY CANCELED SOME TIME AGO AND IDENTIFIED THROUGH THE INFORMATION THAT WE'RE COLLECTING TO TRUE UP, UH, OUR QUEUE WITH THE NEW REQUIREMENTS OF, UH, PLANNING GUIDE SECTION NINE. UH, BUT, UH, YOU KNOW, THE CUSTOMER'S NOT REQUIRED TO GIVE, UH, ERCOT A REASON WHY THE PROJECT WAS CANCELED. IT'S REALLY JUST INFORMATION THAT IS COMMUNICATED TO US THROUGH THE TSP. THANK YOU. OKAY. THREE, TWO, NED. I WAS TRYING TO THINK OF WHAT THE ADVERB WOULD BE FOR THAT. MAD LIB, BRIAN . UM, THANKS AG AND I, I AGREE WITH THE COMMENTS THAT THIS HAS BEEN A, YOU KNOW, A MUCH IMPROVED REPORT THAT'S, THAT THAT DOES PROVIDE SOME VALUABLE, UH, YOU KNOW, INSIGHTS FOR FOLKS THAT ARE TRYING TO TRACK THIS STUFF AT HOME. UM, I, AND I DON'T OPPOSE MOVING THIS OVER TO LLWG. I AGREE THERE'S GONNA BE A LOT OF SUBSTANTIVE DISCUSSION THERE. SO THAT'S A, THAT'S A GOOD PLACE TO HAVE THAT. UM, I DO THINK THERE MAY BE SOME VALUE IN HAVING A PERIODIC UPDATE ATTACK JUST TO, YOU KNOW, BECAUSE IT'S A HIGH PRIORITY FOR, FOR A LOT OF FOLKS. UM, YOU KNOW, I DON'T KNOW IF IT'S QUARTERLY OR EVERY SIX MONTHS, THAT'S, IT DOESN'T HAVE TO BE MONTHLY. UM, BUT IN GENERAL, UM, AS, AS Y'ALL ARE TALKING ABOUT POTENTIALLY BROADER CHANGES TO THE PROCESS AND HOW THAT MIGHT OBVIATE THE NEED FOR SOME OF THE REPORTING IN HERE, I, I WOULD JUST ASK THAT WE TRY TO MAP OUT A WAY TO HAVE SOME CONTINUITY FOR, YOU KNOW, FOLKS THAT ARE TRACKING THE TRENDS. IF IT JUST STOPS AND THEN WE START WHOLE CLOTH AGAIN, IT'LL, IT'LL BE VERY DIFFICULT FOR FOLKS TO KIND OF SUSS OUT WHAT HAPPENS. SO I'D JUST ASK THAT, YOU KNOW, AS YOU START WORKING THROUGH WHAT THE, THE NEW REPORT LOOKS LIKE, THINK ABOUT HOW TO, HOW TO TRANSLATE THE OLD REPORT TO THE NEW ONE. AND THAT CAN BE, UH, THAT COULD BE SOMETHING FOR LLWG TO HAVE FUN WITH. OKAY, LET ME STOP US HERE FOR A SECOND. SO IT SEEMS LIKE THERE'S A LOT OF SUPPORT FOR MOVING THIS BACK TO LLWG, THE REPORT ARE FOLKS GENERALLY OKAY WITH THAT. OKAY. BOB, BOB WHITMEYER. UM, SO IF WE, IF WE MOVE THIS BACK TO LLWG, CAN WE ASK YOU TO WORK WITH, WITH ERCOT? YOU KNOW, WE, WE HAVE SOMETIMES HAD THIS REPORT TAKE AN HOUR AND A HALF HERE. I DON'T KNOW THAT YOU CAN OR WANT TO ADD AN HOUR AND A HALF TO LLWG MEETINGS, SO MAYBE CONTINUE TO TALK WITH, WITH AG ABOUT HOW TO MAKE THIS PRODUCTIVE. YEAH, WE'LL, WE'LL WORK ON IT. OKAY. OKAY, SETH? YEAH, I'D LIKE TO SEE QUARTERLY UPDATES. OKAY. UM, LIKE NOT JUST NECESSARILY THIS, BUT JUST MACRO TRENDS. SO, YOU KNOW, WE COULD SKIP FOUR OR FIVE OF THESE AND THEN ACTUALLY SEE EVERYTHING WRAPPED UP MAYBE IN A, A GREATER SORT OF SUMMARY. SO I THINK THAT'D BE HELPFUL. THE OTHER THING I WANTED TO ASK AG IS, ARE YOU COMPARING YOUR LARGE LOAD INTERCONNECTION TRENDS WITH OTHER ORGANIZED MARKET REGIONS? HAVE YOU DONE THAT? I, I'M CURIOUS WHAT, HOW ERCOT IS, UH, LOOKING COMPARED TO, SAY PJMS IF THEY'RE SEEING THE SAME TRENDS AS YOU, OR WE'RE SEEING DIFFERENT TRENDS. HEY, SETH, I DON'T HAVE, UH, ANY DIRECT COMPARISONS TO POINT TO. UM, YOU KNOW, I THINK ONE OF THE THINGS THAT MAKE THAT CHALLENGING IS THAT THERE'S ALSO, OF COURSE, UH, PROCESS DIFFERENCES AND HOW THE DIFFERENT REGIONS ARE LOOKING AT THIS. I, BUT I THINK, UH, I THINK AT A HIGH LEVEL, TEXAS HAS SEEN ONE OF THE HIGHEST RATES OF, OF INTEREST. SO, UH, BUT I DON'T HAVE ANY HARD NUMBERS TO SHARE. OKAY. THANK YOU. OKAY. [01:45:01] AND AJ, IS THAT FINE WITH YOU IF WE DO QUARTERLY REPORTING ATTACK? YEAH, THAT'S CERTAINLY, YOU KNOW, IF, IF WE'RE, WE'RE CERTAINLY ABLE TO, UH, BRING THAT, I, I WOULD ASK IF THERE'S, YOU KNOW, DESIRE TO SEE THIS EXACT REPORT OR, UM, I, I THINK SETH HAD MENTIONED, OR MAYBE NED HAD MENTIONED, UH, JUST SOME HIGHER LEVEL TRENDS. I THINK IF WE COULD GET SOME CLARITY, UH, ON WHAT TAC WHAT INFORMATION TAC WOULD LIKE TO FOCUS ON, WE'RE, WE'RE CERTAINLY HAPPY TO BRING THAT REPORT. OKAY. I THINK WE CAN WORK WITH YOU ON THAT. UM, AS THIS GOES OVER TO LLWG TOO, I, SOUNDS GOOD. THANKS. OKAY. ANY OTHER QUESTIONS FOR AG? OKAY. ALL RIGHT. LET'S GO, UM, TO THE LARGE LOAD INTERCONNECTION, BATCH STUDIES UPDATE WITH JEFF. MM-HMM . HEY, GOOD MORNING. UM, SO I'M GONNA TRY TO KEEP THIS RELATIVELY HIGH LEVEL, UH, AS BEST I CAN. UH, I WILL POINT PEOPLE, UH, TO, UH, LLWG MEETINGS TOMORROW, WHAT, WE'LL GO A LITTLE BIT MORE IN DEPTH. AND THEN, UH, I'LL TALK IN A MINUTE ABOUT A, A WORKSHOP THAT WE HAVE COMING UP. UM, SO, UH, WITH, WITH THAT, IF YOU'VE, UM, BEEN PAYING ATTENTION TO THE PUC OPEN MEETINGS, THEN THIS FIRST SLIDE IS GONNA FEEL, UH, SOMEWHAT REPETITIVE. BUT, UH, I WANTED TO GIVE AN OVERVIEW OF, UH, WHAT, WHAT, WHAT THIS BATCH STUDY PROCESS THING IS THAT WE'RE TALKING ABOUT, UH, FOR, FOR FOLKS THAT HAVEN'T, UH, TUNED INTO THOSE. UM, SO, UH, ESSENTIALLY WHAT WE HAVE, UH, CONCLUDED, AND, AND I THINK MANY OF YOU HAVE ALSO CONCLUDED, IS THAT THE, UH, EXISTING LARGE LOAD INTERCONNECTION PROCESS THAT WE HAVE WHERE WE'RE STUDYING THESE LOADS INDIVIDUALLY, THAT THAT PROCESS IS, UH, NEEDING TO BE REPLACED. UH, THERE ARE A NUMBER OF ISSUES WITH, WITH THAT, UH, PROCESS. AND IN PARTICULAR, THE ISSUE THAT KEEPS COMING UP IS, UH, IF, IF WE STUDY A, A LARGE LOAD INTERCONNECTION PROJECT, UH, IF WE STUDY THAT INDIVIDUALLY, AND THEN SOME, UH, ASSUMPTIONS CHANGE, UH, MAYBE O OTHER NEW LARGE LOADS ARE, UH, ARE INTERCONNECTING IN THE SAME NEIGHBORHOOD, A AS AS THAT REQUEST THEN, UH, THAT THAT REQUEST NEEDS TO GO BACK AND DO A RES STUDY. AND SOMETIMES THESE RESTUDIES ARE, ARE HAPPENING, UH, UH, MULTIPLE TIMES. AND SO, UH, I'VE BEEN REFERRING IT, REFERRING TO IT AS, UH, KINDA THIS LARGE LOAD INTER CONNECTION TUDY PURGATORY, WHERE LOADS ARE, ARE IN THIS, UH, PLACE AND THEY'RE NEEDING TO BE RESTUDIED ALL THE TIME. AND SO THAT PROCESS ISN'T REALLY, UH, WE WORKING AS EFFECTIVELY AS WE NEED IT TO. AND, AND SO IT IS OUR INTENTION TO PROPOSE A BATCH STUDY PROCESS, UH, WHEREBY WE WOULD STUDY LOADS, UH, THAT, THAT ARE REQUESTING INTERCONNECTION. UH, THEIR REQUESTS COME IN AT, UH, IN, IN THE SAME TIME PERIOD. WE WOULD STUDY ALL OF THOSE TOGETHER IN A SINGLE BATCH. UH, AND AT THE END OF THAT BATCH, WE WOULD, UH, GIVE EACH OF THOSE PROJECTS. WE WOULD LET THEM KNOW HOW MANY MEGAWATTS THE GRID CAN RELIABLY SERVE, UH, AND ANY TRANSMISSION PROJECTS THAT WOULD BE NEEDED TO, UH, INCREASE IF THEY'RE CAN'T GET THE FULL AMOUNT OF MEGAWATTS THAT THEY'RE, UH, REQUESTING, WE WOULD, UH, IDENTIFY TRANSMISSION PROJECTS TO DO THAT. UH, AND AT THE END OF THAT PROCESS, THEN THE LOADS WOULD THEN HAVE A TIME PERIOD WHERE THEY WOULD BE ABLE TO, UH, COMMIT, UH, AND, UH, AND THEN WE WOULD DO THIS ON AN ONGOING BASIS. UH, SO THAT'S HIGH, HIGH LEVEL THAT, THAT, THAT'S WHAT A, UH, A BATCH STUDY IS. UH, BUT WE ALSO REALIZE THAT, UH, THAT, THAT WE CAN'T JUST FLIP A SWITCH AND START DOING THAT PROCESS. WE HAVE A NUMBER OF LOADS THAT ARE ALREADY BEING STUDIED. UH, AND SO WE ARE GOING TO HAVE WHAT WE'RE TERMING THE, UH, BATCH ZERO STUDY, WHICH IS GOING TO BE SORT OF THIS TRANSITIONAL STUDY WHERE WE WILL, UH, NEED TO, UH, PROCESS ALL OF THE LOADS THAT ARE, UH, CURRENT CURRENTLY UNDER STUDY. UM, SO THAT, THAT'S HIGH LEVEL WHAT, WHAT THE, THE PROCESS IS. UM, AND THEN LET ME, UH, KIND OF LAY OUT THE, UM, UH, THE ROADSHOW PLAN. UH, SO, UH, TOMORROW AT LARGE LOAD WORKING GROUP, I THINK WE HAVE, UH, ONE HOUR, UH, BUDGETED TO, TO HAVE THIS DISCUSSION. UM, UH, I'M SURE BOB WILL CUT US OFF AT SOME POINT, UM, 'CAUSE WE PROBABLY COULD TALK ALL DAY ON IT. UH, BUT WE'VE GOT, UH, ONE HOUR BUDGETED. SO WE'LL, WE'LL GO A LITTLE BIT MORE IN DEPTH, WRITE A LITTLE BIT MORE OF AN OVERVIEW, UH, UH, THAN WHAT I JUST COVERED RIGHT NOW. UM, AND THEN, UM, ALSO WANTED TO HIGHLIGHT, UH, WE HAVE, UM, CENTER MARKET NOTICE OUT FOR HAVING A WORKSHOP ON FEBRUARY 3RD, UH, LA LAST. I CHECK THAT THAT [01:50:01] HAS NOT BEEN, UH, POSTED TO THE CALENDAR, BUT, BUT WE'LL GET THAT UP PRETTY SOON. UH, START TIME WILL BE NINE 30. UH, WE'LL HAVE THAT HERE. UH, I BELIEVE THAT WE'LL ALSO HAVE THAT ON, UM, UH, WEBEX AND, UH, SWAG. UH, BUT WE'LL, WE WILL HAVE THAT MEETING HERE. AND I'M, I'M TELLING PEOPLE WE'LL START AT NINE 30 AND WE WILL LIKELY BREAK FOR LUNCH. UH, I WILL NOT BREAK FOR DINNER. UH, SO IF WE GO LONG, YOU'RE JUST, YOU KNOW, BRING, BRING A SNACK, UH, BECAUSE WE, WE WILL, WE'RE GONNA GET THROUGH EVERYTHING THAT WE NEED TO GET THROUGH THAT DAY. AND SO OUR INTENTION IS, UH, THAT WE WILL LAY OUT, UH, AS MANY DETAILS ON THAT FRAMEWORK AS WE CAN, UH, AND, UH, BEEN DESCRIBING THAT AS THAT, THAT FRAMEWORK WILL BE IN PENCIL. UH, SO, YOU KNOW, NOTHING YOU SEE THERE IS OBVIOUSLY WRITTEN IN STONE. UH, WE, WE WANT TO PRESENT THAT. WE WANNA GET STAKEHOLDER FEEDBACK. AND THEN, UH, WE WOULD LIKE TO THEN COME BACK WITH A SECOND WORKSHOP, UH, TENTATIVELY FEBRUARY 12TH IN, IN THIS ROOM. UH, SAME, SAME DEAL, WEB, WEBEX AND, AND SWAG GET. UH, AND, UM, AND THEN, UH, OUR HOMEWORK IS DUE TO THE COMMISSION, UH, UH, FOR FEBRUARY 20TH, WHICH MEANS WE'LL PROBABLY POST IT ON FEBRUARY 13TH. UM, AND, UH, YEAH, SO THAT'S, THAT, THAT'S KIND OF THE, THE, THE PLAN, UH, FOR, UH, WORKING WITH STAKEHOLDERS ON, ON THIS. UM, THE, UH, I ALSO MENTIONED THE, UM, THE BATCH ZERO. I'VE GOTTEN, UH, TONS OF QUESTIONS. UH, PEOPLE, EVERYBODY WANTS TO KNOW IF THEIR PROJECT IS IN BATCH ZERO OR, YOU KNOW, WHAT'S THE STATUS. AND I, I TELL EVERYBODY, I, I DON'T KNOW, AND I HONESTLY REALLY DON'T KNOW YET. WE'RE STILL WORKING ON WHAT THAT CRITERIA IS. UH, AND SO PEOPLE ARE, YOU KNOW, THEY TRY TO ASK ME CLEVER QUESTIONS TO, YOU KNOW, TRY TO, UH, YOU KNOW, UNDERSTAND, UH, WHAT I'M THINKING TO, TO GIVE THEM HINTS. UH, BUT I'M, I'M TRYING TO HOLD THAT OFF RIGHT NOW. UM, SO WE'RE, RIGHT NOW, WE'RE THINKING THAT AT THE, THE FEBRUARY 3RD WORKSHOP IS WHEN WE WOULD LAY OUT WHAT WE THINK, UH, THAT BATCH SERIAL PROCESS WILL LOOK LIKE, AND WHICH, UH, WHAT THE CRITERIA IS FOR, FOR BEING IN THAT, UH, IN THAT BATCH SERIAL STUDY. UM, UH, WE'RE HOPING TO POST THE PRESENTATION THAT WOULD HAVE THAT INFORMATION ON THAT FRIDAY BEFORE THE WORKSHOP, THE, THE 30TH. UH, I KNOW THAT'S NOT A, A LOT OF TIME, BUT, UH, BUT, YOU KNOW, UNDERSTAND, WE'RE, WE'RE TRYING TO, UH, YOU KNOW, REALLY DEVELOP THIS PROCESS AND DEVELOP HOW THIS WORKS IN A, A PRETTY COMPRESSED TIMELINE. UM, SO, UH, ONE OF THE THING ABOUT THE WORKSHOP IS, UH, WE, UH, WILL ALSO, UM, UH, MITCH WILL BE LOOKING FOR FEEDBACK. WE, YOU CAN PROVIDE FEEDBACK IN THE ROOM, UH, BUT, UH, IF YOU WANT TO, YOU KNOW, KIND OF THINK ABOUT WHAT WE SAID IN THE WORKSHOP AND THEN PROVIDE WRITTEN FEEDBACK, UH, WE'RE, WE'RE GONNA ASK FOR A PRETTY TIGHT TURNAROUND ON THAT, UH, AS WELL, BECAUSE AGAIN, WE'RE, THIS IS, UM, I THINK NECESSARILY MOVING QUICKLY BECAUSE, UH, THERE ARE A LOT OF, UH, PROJECTS, UH, A LOT OF THESE LARGE LOAD, UH, PROJECTS THAT ARE, UH, YOU KNOW, BEING DEVELOPED AND THE CUSTOMERS WHO ARE DEVELOPING THOSE, I THINK THEY, THEY WANT UN, THEY WANT CERTAINTY AS TO HOW THIS IS GONNA WORK, HOW THIS IS GONNA IMPACT THEIR PROJECT PROJECT. SO WE WANT TO TRY TO PROVIDE THAT. UH, AND I'M GONNA BE AS TRANSPARENT AS I CAN BE, UH, UNDERSTAND, UH, TODAY AND AT L-L-W-G-I, I JUST, I DON'T HAVE ANYTHING TO SHARE ABOUT, UH, THAT, UH, BATCH ZERO CRITERIA YET. UM, UH, COUPLE OF QUESTIONS THAT WE BEGINNING IS, UH, WILL BE, WILL OR NOT BE ASKING FOR A GOOD CAUSE EXCEPTION. I, I THINK FOR BATCH ZERO, I, I THINK THAT WE WILL NEED TO, UH, REQUEST A, UH, A GOOD CAUSE EXCEPTION, UM, TO SOME, UH, SECTIONS, UH, OR SOME PARTS OF, UH, SECTION NINE OF THE PLANNING GUIDE FOR THAT. UH, SO THAT, THAT'S OUR ANTICIPATION IS THAT WE'LL BE, UH, ASKING THE, THE PDC FOR THAT. UM, AND THEN, UH, WE'LL ALSO, UM, UH, OF COURSE, AFTER GETTING FEEDBACK FROM THE COMMISSION, UH, WE EXPECT THAT WE WOULD FILE REVISION REQUESTS. IT'S, IT'S PROBABLY AT LEAST A BIGGER MODIFYING, HE HEAVILY MODIFYING SECTION NINE OF THE PLANNING GUIDE, UH, AND LIKELY AN NPRR AS WELL. UM, THAT IS ALL I HAVE FOR TODAY. UM, HAPPY TO, UH, ANSWER ANY QUESTIONS THAT I CAN'T ANSWER. OKAY, KEN. HEY, JEFF, CONGRATULATIONS ON YOUR NEW POSITION AND COMMISERATIONS WITH WHAT YOU'VE WALKED INTO. THIS IS GONNA BE PRETTY BIG. YEAH, THANKS. A COUPLE, YOU DON'T HAVE TO ANSWER THIS TODAY, BUT I WANT TO PUT THIS OUT THERE AS, UM, AGAIN, MS. , UM, REPRESENTING ADVANCED POWER ALLIANCE, CAN YOU ALSO PROVIDE SOME INFORMATION AROUND THE RESOURCE MIX YOU'RE GONNA BE USING FOR THESE BATCH STUDIES AND ALSO CO-LOCATED RESOURCES? I THINK THAT'S A BIG QUESTION RIGHT NOW. I KNOW THE LOAD'S IMPORTANT, BUT ALSO THE RESOURCES AND THE CO-LOCATION GENERATION, SO THAT'S SOMETHING WE'LL BE LOOKING FOR. [01:55:01] YEP. UH, YEAH. AND, AND, UM, AND, AND THAT IS SOMETHING THAT WE PLAN ON TALKING ABOUT AT THE WORKSHOP ON FEBRUARY 3RD. UH, I SHOULD ALSO MENTION, UH, MY, UH, PRESENTATION FOR LOWG WAS POSTED THIS MORNING. UH, SO IF YOU HAVEN'T SEEN THAT, YOU, YOU CAN, UH, GO AND LOOK ON THAT. BUT I, I DO LIST, UH, SORT OF THE, THE, I'LL SAY THAT THE, UM, UH, THE, THE MAIN TOPICS THAT WE'LL BE DISCUSSING AT THE WORKSHOP, UH, AT, I LISTED THOSE IN MY LLWG PRESENTATION, UM, FOR TOMORROW. THANKS, KEN. I WAS EXCITED. 'CAUSE KEN SAID COMM COMMISERATIONS, AND I DON'T KNOW IF ANYONE ELSE WATCHES THE TRAITORS, BUT THERE IS AN INSTANCE OF MISUSAGE OF THE WORD. I THINK BRIAN GOT IT. 'CAUSE HE WAS LOOKING AT ME TOO. OKAY, LET'S GO TO BARRA. HEY, I'M BARRA PARTY FROM CRUSO. UM, I, YOU KNOW, WE APPRECIATE THE SIGNIFICANT EFFORT THAT OUR CART IS PUTTING INTO STRUCTURING THIS. UH, I JUST WANT TO KIND OF, UH, THIS IS MORE OF A COMMENT THAN QUESTION, AND JEFF, I SPOKE WITH YOU. UH, WE JUST WANT TO MAKE SURE THAT THE LATE STAGE PROJECTS THAT ARE TARGETING ENERGIZATION IN 12 TO 16 MONTHS SHOULDN'T BE IMPACTED BY THESE BAD ZERO. SO I'D LIKE OUR CAR TO KIND OF CONSIDER THAT WHEN PUTTING FRAMEWORK TOGETHER FOR BAD ZERO. SO GIVE OPPORTUNITIES FOR THESE PROJECTS TO BE FIRMED UP IN ALTERNATIVE METHODS. THANK YOU. YEP. GOT IT. THANK YOU. OKAY. JOHN, JOHN ROSE HUBBARD, JOHN ROSE HUBBARD WITH TIEC. UM, REALLY APPRECIATE THIS UPDATE AND APPRECIATE ERCOT HAVING, UH, OR SCHEDULING WORKSHOPS. UM, I THINK ONE THING THAT WAS DISCUSSED AT, DURING THE COMMISSION OPEN MEETING WAS A, A FOCUS ON TRANSPARENCY. UM, I HAVE A SLIGHT CONCERN WITH, UH, A GOOD CAUSE EXCEPTION, UM, BECAUSE THAT WILL, I THINK, REDUCE SOME TRANSPARENCY AROUND WHAT THE STUDY PROCESS WILL LOOK LIKE FOR BATCH ZERO. I KNOW A LOT OF STAKEHOLDERS AND OBVIOUSLY LARGE LOADS ARE VERY FOCUSED ON THAT. SO, UM, I HAVE SOME CONCERN THERE TO THE EXTENT THAT ERCOT CAN INCREASE THAT TRANSPARENCY AND, UM, WORK TO MAKE SURE EVERYONE'S ON THE SAME PAGE, IT WOULD BE HELPFUL. THANKS. YEAH. GOT IT. OKAY, NED. HEY JEFF, THANKS FOR COMING AND, AND GIVING US THIS UPDATE. AND I KNOW IT'S A, IT'S KIND OF A WORK IN PROCESS, SO, UM, I HAD THREE, WELL, FIRST OF ALL, ONE, THANK YOU FOR CLARIFYING THE TIME OF THE WORKSHOP. THAT WAS ONE QUESTION THAT I HAD. SO THAT ONE'S OFF THE, THAT ONE'S TAKEN CARE OF. UH, THREE HIGH LEVEL MAYBE CLARIFYING QUESTIONS BECAUSE I'VE, IN TALKING WITH DIFFERENT FOLKS, I HEAR, YOU KNOW, DIFFERENT, DIFFERENT VERSIONS OF THE TELEPHONE GAME OF, YOU KNOW, WHAT THEY THINK THE BATCH STUDY MEANS. AND SO I, THIS IS NOT MEANT TO GET AHEAD OF THE WORKSHOP. YOU CAN CUT ME OFF AND SAY WE WILL TALK ABOUT THAT THEN IF, IF THIS IS IN THAT FRAME. BUT YEAH, UH, THE FIRST ONE IS ALREADY APPROVED LOADS. MY ASSUMPTION IS THAT THEY WILL BE PART OF THE CONTEXT FOR THE BATCH STUDY, BUT NOT RESTUDIED IN THE BATCH STUDY. IS THAT THAT CORRECT? IF THEY'VE ALREADY HAD THEIR, THEIR STUDIES APPROVED? UM, LET, LET'S, UH, LET'S HOLD THAT FOR THE WORKSHOP. OKAY, FAIR ENOUGH. AND THEN IS, IS THE, IS YOUR CURRENT CONCEPTION THAT THE BATCH STUDY PROCESS WOULD COVER ALL LOADS IN THE INTERCONNECTION, LARGE LOADS IN THE INTERCONNECTION QUEUE, OR WOULD IT ONLY BE THE ONES THAT ARE IN THE RE-STUDY PURGATORY AS, UH, I THINK IT, IT WAS ARTFULLY FRAMED. UM, YOU, YOU'RE TALKING ABOUT THE BATCH ZERO, WELL, BATCH ZERO OR FARTHER DOWN THE LINE, YOU KNOW, IS WILL THERE STILL BE SOME THAT ARE STUDIED ON, YOU KNOW, IF THERE IS A DIRECT PATH FOR LOOKING ON A, ON A PROJECT BASIS, OR WILL ALL OF THEM BE CONSIDERED IN THE, I I, UM, SO I THINK, UH, THE INTENTION IN PENCIL IS THAT ALL, ALL LARGE LOAD REQUEST WOULD GO THROUGH THE BATCH STUDY PROCESS. THAT, THAT, THAT WOULD BE A GATE THAT ALL LARGE LEDS WOULD NEED TO GO THROUGH ALL OF THEM. OKAY. UM, AND THEN IN YOUR NOTWITHSTANDING JOHN RUSS'S COMMENTS JUST NOW, BUT, UH, YOU KNOW, IF, WHEN ERCOT PLANS TO BRING THE GOOD CAUSE EXCEPTION FORWARD FOR BATCH ZERO, ARE Y'ALL THINKING THAT CURRENTLY THAT WOULD INCLUDE ANY OF THE SENATE BILL SIX FINANCIAL SECURITY REQUIREMENTS? UH, AS, AS PART OF THE, THE INPUTS? UM, I'M GONNA HOLD THAT TO THE WORKSHOP OKAY. AS WELL. YEAH. YEAH. AND, AND I, I, YOU KNOW, UM, YEAH, I, I'M, YOU KNOW, NOT, NOT TRYING TO BE TRICKY, BUT I THINK WE UNDERSTAND THAT THERE IS A LOT OF SENSITIVITY A AROUND, YOU KNOW, WITH THE, THE CRITERIA WE SET AND, AND HOW WE LAY THAT OUT FOR THAT BATCH ZERO IN PARTICULAR. UM, AND, AND SO I, I JUST, I DON'T WANNA GIVE ANY FALSE SIGNALS. UM, YOU KNOW, I, I WANNA MAKE SURE THAT, THAT [02:00:01] WE, UM, ARE CLEAR INTERNALLY WITH, WITH WHAT WE THINK THE APPROPRIATE CRITERIA IS. AND, AND, UH, AND SO I, I'D LIKE TO JUST HOLD THAT, JUST UNDERSTANDING THAT SENSITIVITY. OKAY. I CAN CERTAINLY UNDERSTAND NEED MORE TIME AS WE'RE DEVELOPING IT, BUT, UM, CERTAINLY ENCOURAGE WAYS TO, TO OKAY, NARROW THE SCOPE AND, AND KEEP THINGS, UH, KEEP THINGS AS, AS MANAGEABLE AS POSSIBLE. OKAY. THANK YOU BARKSDALE. UH, THANKS CAITLYN FOR LETTING ME JUMP THE QUEUE. I JUST WANTED TO RESPOND DIRECTLY TO YOUR QUESTION THERE, NED. UM, WE'RE HIGHLY COORDINATED, UM, WITH JEFF AND AND HIS TEAM ON THE BATCH STUDY PROCESS TO ENSURE THAT WHATEVER SENATE BILL SIX RELATED RULEMAKINGS ARE RUNNING IN PARALLEL AND ARE REFLECTIVE OF, OF, UH, THE WORK THAT'S GONNA GO ON HERE. I THINK THE FINANCIAL SECURITY ISSUES ARE LARGELY GONNA BE HANDLED THROUGH THE INTERCONNECTION STANDARDS RULEMAKING, WHICH THERE'S A SECOND DISCUSSION DRAFT THAT'S OUT RIGHT NOW, AND I THINK, UM, WE HAVE DECIDED TO PUT A PIN IN IT FOR ABOUT A MONTH TO ALLOW THE, UM, THE BATCH STUDY CONVERSATIONS TO DEVELOP AND MATURE, AND THEN WE CAN UPDATE AND REFLECT ANYTHING THAT NEEDS TO BE REFLECTED IN THAT INTERCONNECTION STANDARDS RULE. I THINK BARKSDALE'S PERSONAL OPINION IS THAT IT WOULD NOT BE APPROPRIATE FOR A GOOD CAUSE EXCEPTION TO REQUEST FINANCIAL SECURITY. UM, I THINK THAT REALLY NEEDS TO COME THROUGH THE RULE. THAT'S NOT A STAFF POSITION, THAT'S NOT A COMMISSIONER POSITION. THAT'S JUST ME. OKAY. THANK YOU YOU FOR THAT, AND I APPRECIATE THE ADDITIONAL CLAR, UH, CON CONTEXT. OKAY. UM, LET'S GO TO MIKE WISE. OH, THANKS MADAM CHAIR. OH, I SKIPPED SETH. YOU CAN, YOU CAN STILL GO. OH, OKAY. I GET SEC SETH AFTERWARDS. YEAH, JEFF, I'M, I'M ASSUMING THAT, UH, BATCH ZERO, EVERYBODY HAS THE SAME, UH, QUEUE PRIORITY. ALL THE LOADS HAVE THE SAME QUEUE PRIORITY IN BATCH ZERO FROM YOUR CLUSTER, YOUR, UH, YOUR BATCH STUDY. AND IN THE AREAS THAT YOU'RE, UH, YOU KNOW, DEVELOPING. IF YOU HAVE, YOU KNOW, 20,000 MEGAWATTS AND YOU DETERMINE THAT THE UPGRADE COSTS FOR THAT 20,000 MEGAWATTS SCENARIO IS GONNA BE, YOU KNOW, A LOT OF MONEY, UH, SUBSEQUENTLY YOU GET ONE OR TWO OF THESE PROJECTS TO, TO BACK OUT, ARE YOU GONNA BE DOING A RE STUDY OF THE BATCH ZERO? AND THE REASON I BRING THIS UP IS IN THE SPP AND OUR CLUSTER STUDIES, WE HAVE MULTIPLE REITERATIONS THAT GOES ON FOR A LONG TIME. SO HOW DO YOU PLAN TO NAVIGATE THAT PARTICULAR ISSUE? YEAH. AND, BUT WE'LL, WE'LL GET INTO THIS MORE AT THE WORKSHOP, BUT, BUT I, I THINK IT IS IMPORTANT TO NOTE, SO WE'VE TALKED TO OTHER REGIONS THAT DO, WHETHER FOR GENERATION OR FOR LOADS, THAT THEY DO BATCH STUDY PROCESSES. AND I THINK THE CONSISTENT FEEDBACK THAT WE'VE HEARD IS, IS THAT YOU HAVE TO, AT SOME POINT YOU HAVE TO STOP DOING RE STUDIES AND YOU JUST HAVE TO SAY, OKAY, THE, THE, UM, THE ASSUMPTIONS HAVE CHANGED. AND, AND SO WE WILL HANDLE THAT WITH LATER PROCESSES THAT, THAT WE HAVE IN PLACE. UH, AND, AND SO I THINK THAT'S A, I'LL SAY THAT'S A KEY DESIGN CONSIDERATION, UH, BUT THE QUARTER WE ARE LEANING RIGHT NOW IS TO NOT, NOT DO A RE STUDY WITHIN THE BATCH STUDY PROCESS, BUT THAT WE HAVE OTHER PROCESSES, UH, IN, IN PLACE TRANSMISSION PLANNING, UH, QSA, ET CETERA, THAT CAN, UM, YOU KNOW, KIND OF CATCH THE, THOSE CHANGE IN ASSUMPTIONS. OKAY. YEP. ALRIGHT, SETH, WITH VIAL, UM, JUST A QUESTION ABOUT BAT ZERO, WHAT TRANSMISSION, UH, REPRESENTATION? ARE YOU GONNA USE THE CURRENT STATE OR ARE YOU GOING TO USE A STATE THAT'S EXPECTED OFF INTO THE FUTURE? I WAS TRYING TO UNDERSTAND THAT IN MY MIND, WHAT, HOW THAT WAS GOING TO BE PERFORMED. YEAH, SO, SO, UM, WHATEVER YEAR WE'RE STUDYING, WE WILL USE THE TRANSMISSION MODEL THAT REPRESENTS THAT STUDY. OR, SO IF WE'RE STUDYING A 2029 CASE, WE WILL USE A, A, UH, A TRANSMISSION MODEL THAT HAS THE, THE EXISTING SYSTEM PLUS WHATEVER. OKAY. UH, TRANSMISSION IMPROVEMENTS THAT WE EXPECT BETWEEN NOW AND THEN. UM, THAT IT, IT'S EXACT DETAILS OF, YOU KNOW, WE'RE STARTING WITH AN RTP CASE, OR SS WG CASE. I THINK WE'RE STILL WORKING THROUGH THOSE. IS BATCH YEAR IS BATCH ZERO PEGGED TO A SPECIFIC YEAR OR MULTIPLE YEARS FOR EACH BATCH? UM, I, I THINK IN, UH, I THINK WE'RE GONNA HAVE TO STUDY MULTIPLE YEARS IN, IN TOTAL. YEAH. OKAY. OKAY. SO THERE COULD BE MULTIPLE CASES. YES. OKAY. THANKS MARTHA. THANKS. APPRECIATE [02:05:01] THE UPDATE. JEFF. MARTHA HENSON FROM CORP. I WAS JUST WONDERING IF, YOU KNOW, AT THIS POINT, YOU, YOU HAD ALLUDED EARLIER TO A REVISION TO SECTION NINE AND POSSIBLY AN NPR. DO YOU, DO YOU KNOW AT THIS POINT WHETHER BATCH ZERO WILL HAVE TO BE IMPLEMENTED THROUGH THOSE MARKET RULE CHANGES? OR IS IT SOMETHING THAT YOU WOULD ENVISION DOING ON AN AD HOC BASIS AND DOING THE RULES LATER? YEAH, SO MAYBE I DIDN'T COMMUNICATE THIS VERY WELL, BUT THE, UM, OUR, OUR THINKING RIGHT NOW IS THAT, UH, WE WOULD HAVE TO BE BATCH ZERO WITH, UH, THROUGH A GOOD CAUSE EXCEPTION, UH, SIMPLY BECAUSE WE WANT TO START THAT. WE, WE THINK THAT WE NEED TO START THAT RELATIVELY SOON. UM, BUT, UH, WE WOULD TRY TO HAVE A REVISION REQUEST THAT, THAT WOULD GO THROUGH THE PROCESS OR REVISION REQUESTS THAT WOULD GO THROUGH THE PROCESS SO THAT WHEN WE GOT TO THE ONGOING BATCH STUDY PROCESS, THAT ALL THOSE RULES WOULD BE LAID OUT IN THE PLANNING GUIDING PROTOCOLS. GOT IT. THANK YOU. OKAY, MIKE? UH, THANK YOU MADAM CHAIR, MIKE WISE, GOLDEN SPREAD. SETH TRIGGERED MY THOUGHT ON MY SECOND QUESTION. I APPRECIATE THAT. UH, THE MODELS THAT YOU'RE USING GOING FORWARD, ARE THEY GONNA BE USING ALL OF THE 7 65 KV LINES THAT HAVE BEEN APPROVED ALREADY IN THE MODEL? AND REASON I ASK THIS IS BECAUSE, YOU KNOW, THOSE LINES WON'T BE IN SERVICE LIKELY UNTIL, YOU KNOW, AFTER 2029, RIGHT? IT'S GONNA BE DIFFICULT TO GET THOSE IN SERVICE. BUT IF YOU DON'T HAVE THOSE IN THE MODEL, AREN'T YOU GOING TO BE DUPLICATING, UH, LET'S SAY TRANSMISSION ELEMENTS THAT, UH, THE 7 65 ACTUALLY RESOLVES? SO, SO, UM, THE, THE CURRENT THINKING IS, UH, IF THOSE LINES, THOSE LINES ARE, ARE RPG APPROVED THAT, YOU KNOW, THEY, THEY'VE GONE THROUGH THE PROCESS, THEY'VE, THEY'VE GOTTEN, UH, BOARD ENDORSEMENT, UH, IS SO, UH, BASED ON THAT, WE, WE HAVE ANTICIPATED IN-SERVICE DATES FOR EACH OF THOSE 7 65 KB LINES. SO, SO IF I AM STUDYING A, YOU KNOW, 2031 CASE, I'M GONNA ASSUME THAT MOST OF THOSE LINES ARE IN, BECAUSE THAT'S THEIR PROJECTED INSERVICE DATE. SO THAT 2031 CASE WOULD HAVE THOSE 7 65 KB LINES. I, AND, AND I APOLOGIZE THAT I DON'T KNOW THE EXACT INSERVICE DATE OF ALL THOSE LINES OFF THE TOP OF MY HEAD, BUT IN, IN CONCEPT THAT THAT'S WHAT WE'RE THINKING IS WHAT WHATEVER PLANNED PROJECTS ARE, UH, YOU KNOW, ARE APPROVED AND AND SO ON, THAT THOSE WILL BE REFLECTED IN THE MODELS. AND SO THE MODEL, THE, THE RESULTS OF THAT STUDY WOULD REFLECT THAT. I'M NOT SURE YOU FULLY ANSWERED MY QUESTION. MAYBE IT'S LEFT FOR THE WORKSHOP, BUT, UH, I DON'T WANT US TO BE DETERMINING THAT WE NEED ADDITIONAL TRANSMISSION ELEMENTS WHEN THE 7 65 ELEMENTS OUT THERE, WHICH HAVE BEEN APPROVED, BUT NOT YET IN SERVICE, AND CERTAINLY NOT IN SERVICE AT THE TIME THAT THE LOAD REALLY WANTS TO BE CONNECTED. I'D HATE FOR US TO APPROVE ADDITIONAL TRANSMISSION ELEMENTS OR INFRASTRUCTURE SIMPLY 'CAUSE WE DIDN'T PUT IN THOSE SEVEN 60 FIVES, UH, THAT WOULD SHOW THAT, UH, THE SYSTEM IS, UH, FULLY CAPABLE OF HANDLING WITHOUT ADDITIONAL ELEMENTS. YEAH. SO LET ME TRY AGAIN. SO THE, UM, THE 7 65 KV LINES, MY, MY ASSUMPTION, AND I HAVE NOT PERSONALLY VERIFIED THIS, BUT MY ASSUMPTION IS THAT THOSE ARE REFLECTED IN THE TRANSMISSION PLANNING MODELS. SO, SO TO THE EXTENT THAT THEY ARE APPROPRIATELY, APPROPRIATELY REFLECTED IN THE MODELS, THEN I DON'T THINK THAT WE WOULD HAVE THAT SITUATION WHERE WE WOULD THEN NEED TO, UH, YOU KNOW, UN UNLESS THE LOAD CONTINUES TO GROW AND, AND WE DO NEED MORE ON TOP OF THAT, BUT IT WOULD NOT DUPLICATE THOSE TRANSMISSION PROJECTS BECAUSE THEY, THEY WOULD ALREADY BE REFLECTED IN THE MODEL. SO THE ABILITY TO SERVE THE LOAD WOULD BE BASED ON THOSE LINES BEING IN, IN THE, UH, IN THE MODELS. YEAH. THE, UH, ORGANIZED MARKET JUST TO THE NORTH OF US USES THE, THE, UH, THE, THE CUTOFF AS A NOTICE TO CONSTRUCT THAT GOES OUT TO THE, UH, TRANSMISSION OWNING UTILITIES TO BUILD APPROVED TRANSMISSION. ONCE THOSE NOTICES TO CONSTRUCT TO GO OUT, THEN THOSE ELEMENTS ARE INCLUDED IN THE TRANSMISSION PLANNING MODEL FOR ALL LOADS AND ALL GENERATION, WHETHER OR NOT THEY'RE ACTUALLY GOING TO BE IN SERVICE IN THE NEXT YEAR OR TWO YEARS, FOUR YEARS. UH, BUT THOSE ARE IN THE MODELS AND, UH, THAT'S WHY I WAS WONDERING, AT WHAT POINT DOES ERCOT HAVE THE SAME, UH, PHILOSOPHICAL UNDERSTANDING? YEAH, I, I MIGHT NEED HELP. I'M, I'M NOT SURE AT WHAT POINT THOSE PROJECTS WOULD BE ADDED INTO THE MODELS, BUT I, I, I'M PRETTY SURE THAT THOSE BE BECAUSE THOSE LINES HAVE GONE [02:10:01] THROUGH THE PROCESS THAT THEY ARE INCLUDED IN THE MODELS. OKAY. UM, LET'S MOVE ON TO DURGA. THANKS. UH, WOULD GTCS BE MODELED IN THE RTP OR SWG CASES, UH, WHATEVER, UH, A COURT CHOOSES TO PICK? UM, FOR EXAMPLE, IF A 2029 CASE IS BEING STUDIED, AND THEN AFTER THE STUDY IS COMPLETE, A NEW GTC COMES INTO PLAY COULD IDENTIFIES A NEW GTC, WOULD THAT BE MODELED AGAIN AND THE STUDY WOULD BE DONE? YEAH, SO I, I THINK THESE ARE DETAILS. I, I THINK, I THINK THIS IS PROBABLY BETTER LEFT FOR THE WORKSHOP. UM, YEAH, AND I, I, I'LL JUST SAY GENERALLY IT'S OUR INTENTION TO MODEL ALL OF THE, UH, CONSTRAINTS. THANK YOU. OKAY. CHRIS, I REALLY JUST WANTED TO COMMENT IN JOINING MIKE, THAT LIKE, YOU KNOW, THE POINT OF BATCHING SHOULD BE TO OPTIMIZE THE TRANSMISSION BUILD OUT BASED ON APPROVED TRANSMISSION, NOT CREATE DUPLICATIVE PROJECTS. AND I THINK THIS WILL NEED TO BE HANDLED IN A LOT OF THE TRANS THE TRANSITION OVER TO THIS OR THE IMPLEMENTATION, BUT I THINK WE WOULD BE REMISS TO NOT INCLUDE SIGNIFICANT TRANSMISSION UPGRADE INTO THIS, THIS MODELING. YEP. UNDERSTOOD. OKAY. THANKS CHRIS. UM, I'M SEEING A CLEAR QUEUE, JEFF, THE WORKSHOP IS THE THIRD, RIGHT? YES. IT'S NOT ON THE CALENDAR YET. I BELIEVE IT'S A NINE 30 START, NOT AN AFTERNOON START. CORRECT. OKAY. UM, AND A, A LOT OF THE ANSWERS TO THE QUESTIONS TODAY ARE, ARE DETAILS TO BE DISCUSSED AT THE WORKSHOP. I KNOW YOU'RE GOING TO LLWG TOMORROW, BUT IS THAT A, A SIMILAR UPDATE TO TODAY? YEAH, I JUST WANNA TRY TO HELP YOU OUT IF I CAN. WE, WE'VE BUDGETED AN HOUR TOMORROW. OKAY. UH, SO I, I EXPECT A LITTLE BIT MORE IN, IN DEPTH DISCUSSION. UM, BUT, BUT THERE ARE, I THINK SOME OF THE TECHNICAL DETAILS, WE'RE GONNA HAVE TO SAVE THOSE FOR THE WORKSHOP. OKAY. THE ABOUT ZERO CRITERIA, WE'RE GONNA SAVE THAT FOR THE WORKSHOP. OKAY. SO ANYTHING ABOUT BATCH ZERO CRITERIA OR DETAILS THO THOSE DETAILED DISCUSSIONS ARE, ARE NOT HAPPENING TOMORROW, BUT THEY'RE HAPPENING FEBRUARY 3RD? YES. YEP. AND WE'LL, WE'LL GET THAT ON THE WEBSITE PRETTY SOON. OKAY. ALL RIGHT. ANYTHING ELSE FOR JEFF? OKAY. I APPRECIATE YOU BEING HERE. YEP. THANKS. UM, SO LET'S, WE ARE GOING TO OUR LAST LOAD ITEM, AND THEN WE WILL BREAK FOR LUNCH, UM, RELIABILITY REQUIREMENTS FOR LARGE LOADS. AND I THINK WE'LL START THIS OFF WITH NATHAN AND I KNOW WE WILL HAVE SOME STAKEHOLDER DISCUSSION. GOOD MORNING FOLKS. NATHAN, BIG B WITH, UH, ERCOT LEGAL. WE WERE ASKED TO, UH, APPEAR AT TAC TODAY AND, UH, PROVIDE AN OVERVIEW OF OUR PERSPECTIVE ON THE LEGAL BASIS FOR REQUIREMENTS THAT WOULD APPLY TO, UH, LARGE LOADS. UM, AND, UH, SO WANNA PROVIDE AN OVERVIEW OF THAT. THIS IS AN OUTGROWTH OF DISCUSSION ON NOER 2 82, WHICH WOULD PROPOSE VOLTAGE RIGHT THROUGH REQUIREMENTS, UM, ON LARGE ELECTRONIC LOADS. UM, AND, UH, I I SHOULD SAY AT THE OUTSET THAT I THINK THAT, UM, UH, ORDINARILY WE WANT THIS SORT OF DISCUSSION TO HAPPEN IN THE COMMENTS, UM, FOR REVISION REQUESTS, I THINK THAT'S PROBABLY THE BEST, UH, WAY TO, TO HAVE THAT, UH, THAT PLAY OUT. FOLKS CAN THINK ABOUT, UM, THE CONTENT OF THEIR, THEIR MESSAGING, AND THAT PROVIDES A GOOD RECORD FOR THE COMMISSION TO EVALUATE AS PART OF ITS, UM, EVALUATION OF REVISION REQUESTS. UM, AND OF COURSE, YOU KNOW, FOLKS CAN TAKE ACTIONS BASED ON, UH, THE COMMISSION'S ACTION OR APPROVAL OR REJECTION OF A REVISION REQUEST. UM, BUT, UH, WE UNDERSTAND THIS IS AN IMPORTANT ISSUE. IT'S A FUNDAMENTAL ISSUE TO, YOU KNOW, SOME OF THE THINGS THAT ERCOT HAS BEEN DISCUSSING AND CERTAINLY PROPOSING. UM, AND WITH THE ADVENT OF, UM, A MASSIVE GROWTH OF, OF LARGE LOADS ON THE ERCOT SYSTEM, UH, WE'RE COMFORTABLE HAVING A DISCUSSION TODAY AND, UM, PROVIDING AN OVERVIEW OF OUR PERSPECTIVE AND, UM, ANSWERING COM, UH, QUESTIONS AND SOLICITING COMMENTS ON, UM, OUR POSITION ON THIS ISSUE. SO, UM, I THINK FOLKS ARE GENERALLY AWARE WHAT NO 2 82 IS ABOUT. IT PROPOSES, UH, VOLTAGE RIGHT THROUGH AND FREQUENCY RIGHT THROUGH REQUIREMENTS FOR LARGE ELECTRONIC ROAD LOADS ON THE SYSTEM. UH, IN DECEMBER, THE, UH, ERCOT BOARD OF DIRECTORS GRANTED THAT NOER AND THE COMPANION NPRR BOARD PRIORITY STATUS. SO WE'VE COMMITTED TO WORKING WITH STAKEHOLDERS TO DEFINE THAT PROPOSAL AND EXPEDITIOUSLY SEEK, UM, APPROVAL [02:15:01] OF THOSE REVISION REQUESTS. UM, NO, 2 82 AND THE COMPANION, UM, IN PRR. UM, SO THE FUNDAMENTAL LEGAL BASIS FOR OUR POSITION THAT ERCOT MAY REGULATE, UM, UH, MAY IMPOSE OPERATIONAL STANDARDS ON LARGE LOADS TO THE EXTENT THAT MAY BE NECESSARY, IS THAT, YOU KNOW, FUNDAMENTALLY WE HAVE A DUTY UNDER PUR SECTION 39 1 51 TO ENSURE THE RELIABILITY AND ADEQUACY OF THE REGIONAL ELECTRICAL NETWORK. UM, AND, UH, THAT MANDATE IS ECHOED IN PUC RULE 25 360 1 B, WHICH, UM, IMPOSES A, UH, IDENTICAL OBLIGATION. UH, NOTABLY THE COMMISSION ALSO HAS AUTHORITY UNDER 39 1 50 1D TO, UH, ESTABLISH, UH, RULES GOVERNING, UM, PROVIDING FOR THE RELIABILITY OF THE REGIONAL NETWORK, UH, OR TO DELEGATE THAT AUTHORITY TO ERCOT, WHICH AGAIN, HAS BEEN DONE IN 25 360 1 B. UH, IT'S CLEAR THAT ERCOT HAS, UH, HAS AUTHORITY. YOU KNOW, THERE ARE HUNDREDS AND HUNDREDS OF REQUIREMENTS IN THE PROTOCOLS, THE OPERATING GUIDE AND THE PLANNING GUIDE, UH, AMONG OTHER AUTHORITIES THAT, UH, BEAR ON RELIABILITY. AND, YOU KNOW, THAT IS OUR FUNDAMENTAL OBLIGATION. WE HAVE CONSTRUED THAT AUTHORITY, UH, FAIRLY, FAIRLY BROADLY WHEN THAT'S NECESSARY TO ENSURE RELIABILITY. YOU'LL RECALL THAT, UM, WE CITED TO THAT AUTHORITY IN JUSTIFYING, UM, ENTERING INTO THE EMERGENCY GENERATION SERVICE AGREEMENTS WITH LIFECYCLE POWER EARLIER THIS YEAR, UM, BASED ON CONCERNS ABOUT, UH, LOCATIONAL RISKS ON THE SYSTEM, UM, GIVEN THE SOUTH TEXAS EXPORT IRL CONSTRAINTS, UM, WE RELIED ON THAT AUTHORITY. YOU RECALL THAT IN 2019 IN ESTABLISHING A MORATORIUM ON THE, THE INTERCONNECTION AND OPERATION OF DISTRIBUTED ENERGY RESOURCES, UH, TO GIVE US TIME TO DEVELOP THE FRAMEWORK THAT WE NEED TO ENSURE THE RELIABLE OPERATION OF THOSE KINDS OF ASSETS. WE DIDN'T HAVE THOSE RULES. WE DIDN'T HAVE PROCEDURES FOR THAT. AND, UH, SO WE, WE, UH, PRESSED PAUSE ON THAT AND, UM, AND DEVELOP THOSE RULES. UM, THAT WASN'T SOMETHING THAT HAD BEEN DONE BEFORE. UM, BUT WE KNEW IT NEEDED TO BE DONE FOR RELIABILITY. UH, AND THIS AUTHORITY HAS SOMETIMES BEEN USED TO REGULATE ENTITIES THAT ARE NOT MARKET PARTICIPANTS. SO IF YOU THINK ABOUT SECTION FIVE OF THE PLANNING GUIDE, UH, THAT SECTION APPLIES TO ANY ENTITY PROPOSING TO, TO INTERCONNECT ANY GENERATOR WITH AN AGGREGATE NAMEPLATE CAPACITY OF ONE MEGAWATT GRATER, RIGHT? SO A PERSON OUT THERE IN THE WILD THAT'S PROPOSING TO INTERCONNECT A GENERATOR, UH, HAS TO FOLLOW THAT PROCESS. IT'S BOUND BY THOSE REQUIREMENTS IF IT WANTS TO INTERCONNECT A GENERATOR TO THE GRID, UH, IRRESPECTIVE OF ITS STATUS AS A MARKED PARTICIPANT IN THE ERCOT REGION. UM, AND, AND CERTAINLY ON THE LOAD SIDE, YOU'LL RECALL IN 2022, OF COURSE, WE HAD THE INTERIM LARGE LOAD INTERCONNECTION PROCESS THAT APPLIED TO ENTITIES PROPOSING TO CONNECT LARGE LOADS TO THE SYSTEM. IN SOME CASES, YOU KNOW, PURE LOAD CUSTOMERS. UM, EFFECTIVELY THOSE WERE REQUIREMENTS ON, ON CUSTOMERS. IF ERCOT COULDN'T REGULATE, UH, LOAD RELATED BEHAVIOR, THEN IT, IT WOULDN'T HAVE HAD AUTHORITY TO ESTABLISH THAT INTERIM PROCESS. AND I THINK EVERYONE UNDERSTANDS THAT IT WAS CRITICAL FOR ERCOT TO ESTABLISH REQUIREMENTS TO ENSURE THE RELIABLE INTERCONNECTION AND OPERATION OF LARGE LOADS. THAT WAS THE BASIS FOR THE INTERIM PROCESS. IT'S ALSO THE BASIS FOR PICKER ONE 15, WHICH, UH, HAS RECENTLY BEEN IMPLEMENTED, UM, TO ENSURE, UH, IN A MORE FORMAL WAY, THE RELIABLE INTERCONNECTION AND OPERATION OF LARGE LOADS. COULDN'T REGULATE LOADS THAT COULDN'T REQUIRE THAT LOADS BE SUBJECT TO THIS PROCESS. AND EVERYONE, UH, HAS CONSENTED TO THAT. EVERYONE AGREES THAT THAT IS SOMETHING THAT ERCOT NEEDS TO DO THAT'S REALLY BEYOND DEBATE. UM, AND THE REASON THAT THAT WE ESTABLISH THESE PROCESSES IS THAT, UH, LARGE LOAD ADDITIONS CAN CLEARLY HAVE A RELIABILITY IMPACT ON THE GRID. IT'S THE SAME NOTION OF RELIABILITY IMPACT THAT IS JUSTIFIED. UM, THE PROPOSAL OF NGER 2 82, UM, OUR DOCUMENTED EVIDENCE IS THAT LARGE LOADS OF VARIOUS TYPES, ESPECIALLY, BUT NOT EXCLUSIVELY LARGE ELECTRONIC LOADS, HAVE SHOWN A PROPENSITY TO TRIP DURING CERTAIN VOLTAGE EXCURSIONS. AND THIS BEHAVIOR HAS THE POTENTIAL TO RESULT IN CASCADING OUTAGES. IF THE NUMBER OF LOADS THAT CANNOT RIDE THROUGH FORESEEABLE FAULT CONDITIONS INCREASES TO A SUFFICIENT LEVEL, THEREFORE, AS THE NUMBER OF LARGE LOADS INCREASES, THE RISK THAT CASCADING OUTAGES COULD OCCUR INCREASES AS WELL. WELL, WE AGREE THAT THE FUNDAMENTAL POINT OF RUNNING A GRID IS TO SERVE LOAD. THAT DOESN'T MEAN THAT LOADS MUST BE EXEMPT FROM ANY OPERATIONAL CONSTRAINT, RIGHT? THAT CONCLUSION IS SUBSTANTIATED BY THE COMMISSION'S OWN RULES THAT, UH, IMPOSE OPERATIONAL REQUIREMENTS IN, IN RULE 25 2 14, WHICH PROHIBITS CUSTOMERS FROM QUOTE, OPERATING EQUIPMENT THAT PRODUCES VOLTAGE FLUCTUATIONS, INTERFERENCE, OR DISTORTED WAVEFORMS THAT ADVERSELY AFFECT DELIVERY [02:20:01] SERVICE TO OTHER RETAIL CUSTOMERS, OR THAT MAY BE DETRIMENTAL TO THE DELIVERY SYSTEM IF THE CUSTOMER INSTALLS EQUIPMENT, THAT DOES CREATE THE RISK. THIS TARIFF, UH, THE TARIFF ALLOWS THE UTILITY TO REQUIRE THE INSTALLATION ON THE RETAIL CUSTOMER SIDE OF THE METER OF SUITABLE APPARATUS, INCLUDING ADDITIONAL TRANSFORMER CAPACITY OR OTHER EQUIPMENT DESIGNS SPECIFICALLY TO REASONABLY LIMIT SUCH ADVERSE EFFECT, AS IN SECTION 5 52 OF THE PROFORMA TARIFF, WHICH OF COURSE APPEARS IN VARIETY OF TARIFFS THAT INTER THAT, UH, INVESTOR OWNED UTILITIES HAVE. SO NOT ONLY DOES THIS DEMONSTRATE THE CUSTOMERS ARE ALREADY SUBJECT TO BASIC GRID CODE REQUIREMENTS, IT ALSO DEMONSTRATES THE CUSTOMERS CAN BE REQUIRED TO INSTALL EQUIPMENT AT THEIR OWN EXPENSE WHEN THAT'S NECESSARY TO ADDRESS THE RELIABILITY RISK OF THE GRID THAT SERVES EVERYONE REQUIRING LOADS TO HOLD THE GRID HARMLESS IN THEIR OPERATIONS IS NOT A FOREIGN CONCEPT IN THE LAW. ANOTHER EXAMPLE IS PUC RULE 25 POINT 51, DEALING WITH POWER QUALITY, WHICH REQUIRES CUSTOMERS TO, UH, ENSURE THAT THERE ARE, UM, THAT, UH, THAT THEY DON'T CREATE HARMONICS ISSUES, RIGHT? UM, AND I SHOULD ALSO POINT OUT SB SIX ITSELF CONTEMPLATES THAT MANY LARGE LOADS WILL BE SUBJECT TO RELIABILITY BASED OPERATING CONDITIONS WHEN THAT'S NEEDED FOR RELIABILITY, UH, SPECIFICALLY SB SIX CONTEMPLATES THAT ERCOT COULD DIRECT CURTAILMENTS OF LOAD THAT HAVE MORE THAN, UH, 50% BACKUP GENERATION SERVE THEIR LOAD, OR IN CASES OF OF NET METERING ARRANGEMENTS, ERCOT, UH, COULD RECOMMEND THE CONDITION AND THE COMMISSION COULD APPROVE THE CONDITION THAT WOULD REQUIRE CURTAILMENTS OF LARGE LOADS DURING CERTAIN CIRCUMSTANCES. THAT'S OBVIOUSLY VERY RECENT LEGISLATION, A VERY RECENT EXPRESSION OF LEGISLATIVE INTENT, UH, TO REQUIRE, UH, CUSTOMERS TO ABIDE BY CERTAIN OPERATING DIRECTIVES. SO THE IDEA THAT LOADS ARE CATEGORICALLY EXEMPT FROM OPERATIONAL REQUIREMENTS IS SIMPLY NOT TRUE. AND, AND, YOU KNOW, TO EMPHASIZE THIS IS SOMETHING WE'RE STILL, UH, WORKING THROUGH, BUT THESE CARTEL AND OBLIGATIONS ARE GONNA LIKELY REQUIRE CUSTOMERS TO PROVIDE SOME SORT OF BASIC REGISTRATION INFORMATION. WE NEED TO KNOW WHO THEY ARE, WHERE THEY ARE. THEY'RE GONNA NEED TO ESTABLISH 24 BY SEVEN COMMUNICATIONS WITH OUR CUT OVER THE WAN THROUGH A QUEASY OR A QUEASY LIKE ENTITY. AND THEY'RE GONNA NEED TO PROVIDE TELEMETRY OF REAL-TIME LOAD STATUS AMONG OTHER POSSIBLE REQUIREMENTS. THAT'S UNAVOIDABLE, RIGHT? IF YOU'RE GONNA HAVE CURTAILMENT OBLIGATIONS ON THESE LOADS, THERE'S GOING TO HAVE TO BE, UH, A FRAMEWORK AROUND ENSURING THAT THOSE LOADS ARE COMING OFFLINE AS THE STATUTE CONTEMPLATES. OBVIOUSLY, ERCOT HASN'T HISTORICALLY REGULATED, UH, LARGE LOAD BEHAVIOR, LOW BEHAVIOR IN GENERAL BECAUSE, UH, LARGE LOADS HAVEN'T EXISTED AT THE SAME SCALE OR VOLUME THAT THEY DO TODAY, OR THAT THEY'RE, UH, PROJECTED TO EXIST IN THE FUTURE. BUT WE'RE OBVIOUSLY SOON GOING TO BE LIVING IN A VERY DIFFERENT WORLD, RIGHT? WE JUST SAW 232 GIGAWATTS OF LARGE LOW CAPACITY IN THE LATEST, IN THE LATEST QUEUE, AND IF ONLY HALF OF THAT ENDS UP DEVELOPING, THAT'S STILL MUCH LARGER THAN THE PEAK DEMAND OF THE SYSTEM AT OUR CUTS TO ORACLE SUMMER PEAK, RIGHT? SO, UH, AND EVEN IN A MUCH SMALLER AMOUNT, RIGHT? THE PENETRATION OF LARGE LOADS CAN CREATE THIS CATASTROPHIC CASCADING RISK. THIS IS CLEARLY A RISK THAT WE HAVE TO ADDRESS THROUGH SOME MEASURE OR ANOTHER, RIGHT? SO TO THAT END, NO, 2 82 IS PROPOSING A GRID CODE REQUIREMENT FOR RIDE THROUGH, WHICH IS BECOMING A RELIABILITY RISK, PREVALENT ENOUGH THAT ERCOT MUST TAKE ACTION, RIGHT? OUR ANALYSES HAVE SHOWN THE REQUIREMENTS ON LARGE LOW CUSTOMERS ARE THE ONLY WAY TO FULLY ADDRESS THE RISKS OF RIDE THROUGH FAILURES IN THE EVENT OF A REASONABLY FORESEEABLE VOLTAGE AND FREQUENCY EXCURSIONS. I'D LIKE TO ADD THAT WE ARE CERTAINLY OPEN TO DISCUSSING WHETHER OTHER REGULATORY MECHANISMS MIGHT ACHIEVE THE SAME IN, SO, FOR EXAMPLE, IF, UM, IF WE'RE ABLE TO SOMEHOW, UM, IT MIGHT BE SUGGESTED THAT WE COULD MODIFY THE TARIFFS OF UTILITIES TO ENSURE THAT THESE REQUIREMENTS, UM, APPLY TO ALL LARGE THOSES. BUT THERE ARE SOME SIGNIFICANT DRAWBACKS THAT WE NEED TO THINK ABOUT IN LOOKING AT OTHER REGULATORY MECHANISMS. ONE OF THOSE, FOR EXAMPLE, IS THAT, UH, TODAY, TERRORISTS THAT GOVERN RETAIL CUSTOMERS ONLY APPLY TO INVESTOR OWNED UTILITIES. SO IF THIS IS A GRID WIDE CONCERN, WE GOT A LOT OF LARGE LOADS CROPPING UP IN COOPERATIVE AREAS IN THE SYSTEM, THEN THERE MAY BE A GAP, UM, TO GOING DOWN THAT APPROACH. THE OTHER CONCERN WITH A TARIFF APPROACH THAT WE WOULD NEED TO THINK ABOUT IS THAT THE TARIFF IS ULTIMATELY A, AN AGREEMENT BETWEEN THE UTILITY AND THE CUSTOMER. AND, UH, IT RAISES THE QUESTION ABOUT THE, THE COMMISSION'S AUTHORITY OR POSITION TO BE ABLE TO DIRECTLY ENFORCE THE TERMS OF A TARIFF. AND, UH, CERTAINLY AS ERCOT NOT A PARTY TO THE TARIFF, UM, IT WOULD BE DIFFICULT TO, UH, TO ENFORCE THAT IF THE CUSTOMER DIDN'T COMPLY. STRUCTURALLY, IF WE THINK ABOUT THE ROLE OF THE UTILITY, UH, IN A TARIFF, RIGHT? UH, YOU KNOW, TYPICALLY DEALING WITH POWER QUALITY ISSUES, OR VOLTAGE ISSUES THAT ARE, YOU KNOW, LOCAL IN NATURE, THOSE ARE CLEARLY THE DOMAIN OF THE UTILITY TODAY, TOS, YOU [02:25:01] KNOW, MANAGE VOLTAGE IN THEIR AREAS. BUT THE, THE RISKS THAT WE'VE BEEN TALKING ABOUT, NO, 2 82 REALLY ARE, ARE PRIMARILY CENTERED AROUND THE FREQUENCY IMPACTS OF THOSE, THOSE TRIPS, RIGHT? AND THAT'S SOMETHING THAT ONLY ERCOT IS STRUCTURALLY ORIENTED TO DEAL WITH, RIGHT? THE FREQUENCY RISK TO THE SYSTEM. WE HAVE SEEN LARGE LOADS TRIP, OBVIOUSLY, AND THOSE LOADS ARE STILL OPERATING TODAY, RIGHT? SO IF THAT WERE AN ISSUE UNDER THE TARIFF, YOU MIGHT HAVE ALREADY SEEN THOSE PROBLEMS GET FIXED AND THEY HAVEN'T GOTTEN FIXED, RIGHT? SO, AND I GUESS ANOTHER IMPORTANT ATTRIBUTE OF THAT IS IF, IF WE NEED TO HAVE REQUIREMENTS THAT APPLY TO ALL LARGE LOADS, IDEALLY THOSE SHOULD BE STANDARDIZED. AND IF THEY'RE GONNA BE STANDARDIZED, YOU MIGHT AS WELL INCLUDE IT IN A GRID WIDE CODE RULE, EITHER IN THE PC'S RULES ON THE ERCOT PROTOCOLS, THAT IS ANOTHER, ANOTHER OPTION. IF THE COMMISSION WERE TO UNDERTAKE THE REGULATION OF THIS, WE WOULD CERTAINLY SUPPORT THAT AS, AS WELL. BUT THERE IS NO REASON UNDER THE EXISTING DELEGATION OF AUTHORITY UNDER THE PC'S RULES THAT ERCOT CANNOT UNDERTAKE THAT EFFORT ITSELF. FINALLY, I'LL JUST NOTE THAT WE DO UNDERSTAND THE IMPORTANCE OF AVOIDING UNNECESSARY BURDENS ON CUSTOMERS IN TEXAS, AND DO NOT TAKE THE NOTION OF IMPOSING THESE REQUIREMENTS LIGHTLY AT ALL. WE UNDERSCORE IT'S CRITICAL TO NARROWLY TAILOR THESE REQUIREMENTS TO ACHIEVE THE REQUIRED RELIABILITY ENDS TO THE MAXIMUM EXTENT POSSIBLE. THE POINT OF THE GRID, OF COURSE, IS TO ENSURE THAT CUSTOMERS CAN USE ELECTRIC POWER FOR THEIR VARIOUS ENDS, AND IT'S IMPORTANT TO AVOID REQUIREMENTS THAT WOULD UNNECESSARILY IMPINGE ON LOAD PROCESSES. WE BELIEVE NO 2 82 ACHIEVES THAT GOAL, BUT WE BELIEVE IT'S IMPORTANT TO CONTINUE THE STAKEHOLDER DISCUSSIONS ABOUT THE OPTIMAL WAY TO MANAGE THIS RELIABILITY RISK. AND WE APPRECIATE, YOU KNOW, THE CONTINUED ENGAGEMENT ON THOSE DISCUSSIONS. SO THAT'S ALL I HAVE ON MY, MY COMMENTS TODAY. I'M HAPPY TO, UH, TO, TO SEE WHAT QUESTIONS AND COMMENTS MAY BE OUT THERE. OKAY, LET'S GO TO JOHN SEVERED, JOHN ROSS HUB WITH TIC. APPRECIATE YOU COMING TO SPEAK WITH US. I THINK THIS IS HELPFUL. UM, I, I THINK YOUR ARGUMENT MAKES, HA HAS A COUPLE OF ISSUES. I THINK FIRST, UM, ERCOT BROAD MANDATE DOESN'T TRUMP SPECIFIC STATUTORY STATEMENTS AND PURE EXPLICITLY AND EXHAUSTIVELY LIST ENTITIES THAT ARE SUBJECT TO ERCOT PROTOCOLS. THIS LANGUAGE IS IN 39.151 J, WHICH WAS ADDED AT THE SAME TIME AS THE REST OF 39.151 THAT CREATED ERCOT. UM, IT DOES NOT REQUIRE RETAIL CUSTOMERS TO OBSERVE ERCOT RULES. A LOT OF THE EXAMPLES YOU DISCUSS ARE SITUATIONS WHERE THERE'S A UTILITY OR A REP IN BETWEEN THE CUSTOMER AND IT'S ERCOT REQUIREMENTS ON THAT UTILITY OR REP TO THEN IMPOSE THOSE ON THE CUSTOMER. THAT WAS THE APPROACH THAT WAS TAKEN IN BIGGER ONE 15, UM, AND NPR 1 2 3 4. AND THAT'S THE SAME APPROACH THAT SHOULD BE TAKEN WITH THESE, UM, WITH THIS NPR AND THIS NOER, UM, INTERPRETING ERCOT GENERAL MANDATE AS AN AUTHORITY, AS AUTHORITY TO IMPOSE REQUIREMENTS ON ENTITY. ANY ENTITY WOULD LEAD TO, UM, ABSURD RESULTS AND WOULD HAVE AN IMPACT ON THE GRID AND ITS RELIABILITY. I, I MEAN, RESIDENTIAL HVAC USAGE PRESENTS ONE OF THE SINGLE LARGEST RELIABILITY CHALLENGES FROM A LOAD SIDE, BUT ERCOT HAS NO AUTHORITY TO TELL HOMEOWNERS WHAT TYPE OF AIR CONDITIONING TO BUY, WHAT TEMPERATURE THE SETTINGS MUST BE, AND, AND CITING YOUR SENATE BILL SIX LANGUAGE, IT, IT'S NOTABLE THAT THE LANGUAGE SPECIFICALLY DIRECTS ERCOT TO WORK WITH THE INTERCONNECTING UTILITY AND TO WORK THROUGH THE INTERCONNECTING UTILITY, UM, WHEN TRYING TO CONTROL THE ONSITE GENERATION. UM, A AGAIN, APPRECIATE YOU COMING HERE. UM, BUT THERE'S A REASON THAT PURA AND, UH, THE COMMISSION HAVEN'T PREVIOUSLY ALLOWED OUR CO TO DIRECTLY CONTROL LOADS. AND THAT'S BECAUSE ERCOT LACKS EXPERTISE. LARGE LOADS AND LOADS IN PARTICULAR ARE NOT A MONOLITH. THEY HAVE DIFFERENT CHARACTERISTICS. AND WE HAD THIS DISCUSSION WITH NPR 1191 THAT THE, THE REQUIREMENTS ON ONE TYPE OF LOAD MIGHT NOT FIT FOR ANOTHER TYPE OF LOAD, AND IT'LL CREATE HEALTH AND SAFETY ISSUES, UM, AND POTENTIALLY COULD DAMAGE EQUIPMENT. UM, SO AGAIN, APPRECIATE YOU COMING. UM, IT SOUNDS LIKE KOTS RELYING ON THE SAME JUSTIFICATION IT DID IN 1191, AND WE PIVOTED UNDER THAT WHEN CONSIDERING THAT NPR. AND WE SHOULD SIMILARLY PIVOT, UH, FOR THIS ONE. THANKS, IF I MAY BRIEFLY RESPOND. YEAH, GO, GO AHEAD. SO, UH, THANKS JOHN, RUSS, I APPRECIATE THAT. AND I THINK, YOU KNOW, UH, WE, WE OBVIOUSLY WILL GET TO A POINT HERE WHERE WE MAY JUST NEED TO, YOU KNOW, AGREE TO DISAGREE PERHAPS ON, ON THE PERSPECTIVE. AND, AND THAT'S OKAY. AND WE CAN HAVE DIFFERENT PERSPECTIVES ON THE LAW, BUT I WANT TO, I WANNA MAKE SURE THAT FOLKS UNDERSTAND OUR PERSPECTIVE ON 39 1 51 J, WHICH IS THE PROVISION YOU POINTED TO THAT, [02:30:01] UH, THAT ADDRESSES THE LIST OF ENTITIES THAT, UM, ARE REQUIRED TO, TO FOLLOW RULES. WE, WE VIEW THAT AS, UM, AS A LIST THAT, UM, INSURERS, THAT THOSE ENTITIES, UH, THAT IS CLEAR THAT THOSE ENTITIES HAD TO FOLLOW, UM, THE RULES. IT'S, IT'S NECESSARY FOR PURE TO SAY, HEY, FOLKS, YOU, YOU'VE GOTTA FOLLOW THE ERCOT STANDARDS. THAT WAS A CRITICAL PART OF THE INITIAL FRAMEWORK. UM, BUT THAT WAS THE POINT IS TO SAY THAT YOU KNOW, THAT, THAT ERCOT RULES ARE OBLIGATORY. IT, IT, IN OUR OPINION, WAS NOT INTENDED TO BE AN EXHAUSTIVE LIST OF ENTITIES THAT MIGHT BE SUBJECT TO ERCOT RULES. IF, IF THAT WERE TRUE, THEN QES COULD NOT BE SUBJECT TO, TO PENALTIES. AND, AND THEY ARE AMONG THE MOST, UH, YOU KNOW, TARGETED GROUPS UNDER NOTICES OF VIOLATION, YOU KNOW, IN PUC RULES AND THEY'RE NOT IN THE LIST. UM, AND, YOU KNOW, SO I, I THINK FUNDAMENTALLY TO HARMONIZE THESE PROVISIONS, AS, AS YOU KNOW, YOU AND I AGREE, WE HAVE TO DO, WE HAVE TO LOOK AT THE BROAD RELIABILITY MANDATE AND, AND IMAGINE, YOU KNOW, WHAT, WHAT DOES THAT REASONABLY ENTAIL? AND CLEARLY, IF THERE IS A RISK TO THE GRID FROM LOADS FAILING TO RIDE THROUGH VOLTAGE EXCURSIONS THAT FOLLOW FROM FORESEEABLE TRANSMISSION FAULT, AND IT'S NECESSARY TO ADDRESS THAT IN SOME WAY, IF YOU CAN'T ADDRESS IT, ADDRESS IT ON THE GRID SIDE, THE ONLY WAY TO FULLY ADDRESS IT IS TO REQUIRE LOADS TO COMPLY WITH THE REQUIREMENTS. AND THAT'S WHAT WE'VE GOTTA DO, RIGHT? THAT'S THE, THE ONLY WAY TO ENSURE RELIABILITY. IN OUR PERSPECTIVE. WE ARE NOT CONSTRUING THIS AUTHORITY TO OPEN THE DOOR FOR ERCOT TO GO REGULATE ALL MANNER OF, OF CUSTOMER DEVICES. THAT'S NOT OUR ROLE. THAT'S NOT OUR LANE. WE DON'T INTEND TO DO THAT. WE'RE ADDRESSING THIS RISK BECAUSE THESE LARGE LOADS HAVE A POTENTIAL TO CAUSE CASCADING OUTAGES ON THE GRID, AND THAT IS ESSENTIAL FOR US TO ADDRESS. IT'S NOT ESSENTIAL FOR US TO ADDRESS HVAC UNITS AT THIS POINT, RIGHT? SO THAT, THAT'S NOT SOMETHING THAT WE NEED TO, TO, TO REGULATE. WE DON'T SEE A NEED FOR THAT. AND AS I SAID BEFORE, WE'VE GOT A NARROWLY TAILOR OUR REGULATIONS TO ENSURE THAT WE ARE NOT ENCROACHING ON, UM, THE NEEDS OF LOADS TO, TO OPERATE AS THEY NEED TO IN OUR SYSTEM. UM, ERCOT DOES NOT HAVE THE EXPERTISE, I AGREE, UH, TO KNOW ABOUT EVERY SINGLE LOAD. AND THAT'S WHY IT'S IMPORTANT THAT WE HAVE A STAKEHOLDER PROCESS WHERE WE GET FEEDBACK ON THE APPROPRIATE, APPROPRIATE REQUIREMENTS. THAT'S WHY WHEN WE CAME OUT WITH, UH, THE NOGA IN NOVEMBER, UM, THAT WE DIDN'T SAY, HEY, THIS IS READY TO GO BOARD. LET'S GO AHEAD AND APPROVE IT. UM, WE SAID WE'RE INITIATING A STAKEHOLDER PROCESS. WE WANT TO HAVE A CONVERSATION WITH FOLKS ABOUT, UH, THE APPROPRIATE CONTOURS OF THOSE REQUIREMENTS. AND, UH, AND WE'RE ENVISIONING NOW PROCESS THAT MAY CULMINATE IN JUNE. THAT'S A LOT OF TIME TO TALK ABOUT A VERY IMPORTANT ISSUE THAT WE ALL KNOW NEEDS TO BE SOLVED, YOU KNOW, AS QUICKLY AS POSSIBLE. UM, WE HAVE ALSO BROACHED THE IDEA THAT WE DO INTEND TO, UH, PROPOSE AT SOME POINT IN THE FUTURE A A BROADER REQUIREMENT FOR OTHER TYPES OF LOADS. BUT THAT IS GOING TO BE A CRITICAL CONVERSATION AS WE'VE ACKNOWLEDGED PUBLICLY THAT WOULD REQUIRE US TO, TO UNDERSTAND BETTER, UM, THE NATURE OF THESE OTHER NON LEL LOADS. AND SO THAT IS VERY MUCH OUR INTENTION IS TO ENGAGE IN THAT CONVERSATION, UNDERSTAND, UM, HOW, HOW WE CAN REGULATE THAT, BUT IT IS STILL A RISK. AND WE, WE CAN'T JUST LET CATASTROPHIC RISKS GO AND ADDRESS FUNDAMENTALLY, I THINK WE CAN ALL AGREE ON THAT. THANKS, NATHAN. UM, JOHN, RUSS HUBBARD, DID YOU HAVE A DIRECT RESPONSE TO THAT? I DID. CAN YOU DO SO BRIEFLY? HAPPY TO. UM, TWO NOTES. THE FIRST ONE IS THAT, OBVIOUSLY THE MARKET PARTICIPATION AGREEMENT CONTROLS IT, UH, GIVES OUR CO AUTHORITY TO CONTROL LOADS. QSE ARE MARKET PARTICIPANTS. THEY HAVE TO REGISTER, THEY'RE VOLUNTARILY CONSENTING TO FOLLOW THE RULES, WHICH IS WHY IT DOESN'T MATTER THAT THEY'RE NOT LISTED IN 39.151 J. UM, SECOND, AGAIN, YOU SAID THAT, UH, AT THIS POINT, ERCOT DOESN'T BELIEVE IT NEEDS TO CONTROL HVAC UNITS. UM, BUT AGAIN, ERCOT IS ARGUING THAT IT WOULD, IF IT PERCEIVED SOME RELIABILITY RISK ASSOCIATED WITH THAT, IT COULD CONTROL THEM. AND I THINK THAT IS, UH, INACCURATE BASED OFF THE LAW. THANK YOU. THANKS JOHN. UM, LET'S GO TO BILL BARNES. HEY, NATHAN, APPRECIATE THE, UH, BACKGROUND AND EXPLANATION. MOST OF THE NEED FOR THIS THAT I'VE HEARD DESCRIBED IN NUMEROUS VENUES IS REALLY TARGETED AT LARGE ELECTRONIC LOADS. I'M WONDERING IF ERCOT HAS CONSIDERED NARROWING THE OVERSIGHT YOU'RE SEEKING HERE TO L ELS VERSUS LARGE LOADS? WELL, I'M NOT, I'M NOT SEEKING ANY PARTICULAR, UH, I GUESS DEFINITION OF SCOPE TODAY, UM, OR ASCENT BY THIS BODY TO THAT PARTICULAR SCOPE. I SHOULD JUST CLARIFY. I THINK WE'RE JUST TRYING TO EXPLAIN WHY WE BELIEVE WE CAN REGULATE, UM, PURE LOADS WHEN THAT'S NECESSARY. OBVIOUSLY, AS YOU POINTED OUT, NO, 2 82 IS LIMITED TO LS, YOU KNOW, THAT IS THE CURRENT FORM THAT WE'RE, WE'RE IN. UM, I, I THINK WE CAN HAVE A DISCUSSION ABOUT OTHER REQUIREMENTS FOR OTHER KINDS [02:35:01] OF LOADS, YOU KNOW, AT A LATER TIME WHEN THOSE ARE REQUIRED. I SUSPECT THAT'S GONNA BE A MUCH LONGER DISCUSSION IF AND WHEN THAT, YOU KNOW, THAT NOER AND AND NPR ARE PROPOSED. BUT I, I THINK IT'S AN EXCELLENT POINT THAT, YOU KNOW, THE ISSUE BEFORE US TODAY IS REALLY LS AND THE UNIQUE RISKS THAT THEY POSE TO THE GRID, BUT I THINK IT'S SIMILAR AUTHORITY WE WOULD POINT TO IN GENERAL TO JUSTIFY, YOU KNOW, REQUIREMENTS FOR, FOR LARGE LOADS THAT POSE SIMILAR TYPES OF RISKS, WHETHER THEY'RE LS OR NOT. OKAY. THANKS. LET'S GO TO CONSTANCE. CAITLYN, CAN YOU GUYS HEAR ME? YES. OKAY. SORRY. HAD AN ISSUE WITH GETTING OFF THE MUTE. THIS IS CONSTANCE MCMAN WITH ETT. UM, I DON'T REALLY WANNA GET INTO ANYTHING SUBSTANTIVE. IT'S BASICALLY JUST MY COMMENT THAT I HAVE THERE ON THE SIDE. I JUST, UH, NATHAN, WHEN YOU WERE TALKING ABOUT, UM, THE TARIFF ALTERNATIVE, JUST TO, TO PUT IN THERE, IN THE CONSCIOUSNESS OF THOUGHT THAT TRANSMISSION ONLY TARIFFS ARE DIFFERENT AS WELL. AND I, I THINK THAT'S POTENTIALLY YEAH, A, A COMPELLING POINT. UM, YOU KNOW, THERE IS A, A I THINK STILL SOME, UH, FURTHER DELINEATION OF RESPONSIBILITY THAT, THAT NEEDS TO BE, NEEDS TO HAPPEN. UM, YOU KNOW, REGARDING THE, UM, THE, THE NATURE AND DUTY OF RELATIONSHIPS BETWEEN TRANSMISSION ONLY UTILITIES AND END USE CUSTOMERS AND THE RETAIL, UM, DELIVERY UTILITIES THAT, THAT, YOU KNOW, MAY SERVE THEM SEPARATELY. UM, BUT I AGREE THERE'S, THERE'S A LOT OF GAPS, UM, IN THE APPROACH WHERE WE JUST LOOK AT IU TARIFFS AS A, UH, FULL SCALE SOLUTION TO THE RIDE THROUGH PROBLEM. THANKS, CHERYL. THANKS, CAITLYN. OKAY. ANY OTHER QUESTIONS OR COMMENTS FOR NATHAN? I THINK, UH, YOU MADE A GOOD POINT. ER, ERCOT WASN'T HERE TO, TO SEEK ANYTHING SPECIFIC WITH THIS. UM, WITH NATHAN'S COMMENTS, THIS CAME OUT OF THE DISCUSSIONS WE'RE HAVING ON THE LOAD RIDE THROUGH REVISIONS, AND, AND WE HAD A REQUEST, UM, FROM, FROM THE LOAD CONSUMERS TO HAVE THIS DISCUSSION AT TAC INSTEAD OF LLWG. I DON'T THINK THERE'S ANY DETERMINATION ON, ON LEGAL AUTHORITY THAT THAT TAC CAN MAKE. UM, SO I, I THINK, YOU KNOW, IF PEOPLE STILL HAVE THESE SPECIFIC LEGAL COMMENTS TO, TO THE REVISION REQUEST, I THINK THE BEST THING TO DO WOULD BE TO FILE THOSE COMMENTS. BUT I, I THINK WE HAD SOME GOOD SUGGESTIONS AND DISCUSSION HERE. GO AHEAD, BOB. WHITMEYER, I JUST WANNA POINT OUT, WE HAD THE DISCUSSION HERE, HAD THE DISCUSSION. I AM NOT GOING TO HAVE THIS DISCUSSION AT L-L-W-G-I, I SUPPORT THAT. THANK YOU. SO IF THERE NEEDS TO BE FOLLOW UP, UM, COME, COME TO, TO ME AND WE'LL, WE'LL, WE'LL WORK THAT OUT, UM, BECAUSE WE GAVE, WE GAVE BOB OTHER THINGS TO DO, SO. ALL RIGHT. NATHAN, ANYTHING, ANY LAST WORDS YOU WANNA ADD? I THINK THAT'S IT. OKAY. THANKS FOR THE OPPORTUNITY. OKAY. WE APPRECIATE YOUR TIME. THANKS. OKAY. UM, SHOULD WE GO AHEAD AND BREAK FOR LUNCH? AIM TO START AT 12 45, 12 40. 1245. OKAY. THANKS EVERYONE. ALERTED. WELL, WE HAVEN'T, OKAY. OKAY. I THINK WE'RE GONNA GO AHEAD AND GET, AND WE, UH, CPS AND ERCOT WORKED OFFLINE ON NEW LANGUAGE. I BELIEVE COREY HAS THAT. IS DAVE GOING TO SPEAK TO THIS? HEY, CAITLYN, I'M, I'M CERTAINLY FREE TO DO THAT IF, IF THE GROUP IS READY FOR ME. WE'RE, I'M READY. WE, WE DECIDED TO BE READY. MOST OF THE GROUP IS HERE. PLEASE GO AHEAD, . RIGHT. THANK YOU. YEAH, SO I, WHAT I TOOK THE CPS IS CONCERNED TO BE, JUST TO KIND OF CALL OUT MORE EXPLICITLY SOME OF THE PO POLICY DECISIONS THAT HAVE BEEN MADE OVER TIME THAT REALLY JUSTIFY THE COMMENTS THAT WE MADE HERE. THAT THE, THE OUTCOMES OF THESE CIRCUMSTANCES WERE, WERE INAPPROPRIATE AND MISALIGNED WITH THE OVERALL INTENT. SO THERE'S, UH, THREE THINGS THAT WE HAD POINTED TO THAT WERE PART OF OUR COMMUNICATIONS BACK AND FORTH YESTERDAY EVENING. UH, THE FIRST WAS TO SIMPLY POINT TO, [02:40:01] UH, ACTUALLY ALL THE WAY BACK TO SOME OF THE DISCUSSION AROUND THE DESIGN OF REALTIME IZATION THAT WE HAD WITH THE COMMISSION BACK IN 2019. AND A, UH, MEMO THAT WE HAVE, WE HAVE, UH, REFERRED TO AT, AT OTHER POINTS IN TIME, UH, A MEMO THAT WAS, UM, FILED BY, UH, CHAIR WALKER AT THE TIME, TALKING ABOUT SOME OF THE, UH, HER VIEWS ON DESIGN DECISIONS FOR REAL-TIME CO AUTHORIZATION THAT WERE THEN BAKED INTO FEEDBACK, UH, THAT WE RECEIVED FROM THE COMMISSION AT A, UH, OPEN MEETING THAT WAS, UH, A DAY OR TWO LATER. AND THERE WAS TWO KEY PARTS OF THAT MEMO THAT I THINK ARE, ARE RELEVANT HERE. FIRST IS NOT SPECIFIC TO ANCILLARY SERVICES, BUT AROUND HOW WE DO THE CAPPING OF ENERGY PRICES EXCLUSIVE OF CONGESTION, AND THE FACT THAT THOSE ARE LIMITED TO THE EFFECTIVE VAULT. UH, IN ADDITION TO THAT, UH, IN THE MEMO IT TALKED ABOUT THE ANSLEY SERVICE DEMAND CURVES BEING DESIGNED TO BROADLY REPLICATE THE PRICING OUTCOMES OF THE OPERATING RESERVE DEMAND CURVE, WHICH OF COURSE, WE KNOW IS ALSO, UH, CAPPED AT THE EFFECTIVE BALL. UH, BOTH, UH, WELL, SPECIFICALLY UNDER THE, THE DESIGN WE HAD PRE, UH, RTC PLUS B IMPLEMENTATION. SO THAT WAS ONE THING THAT WE POINTED TO. UH, THE SECOND, IF WE WANNA GO TO THE NEXT PARAGRAPH, IS JUST RECOGNIZING THAT EVEN UNDER MPR 1268, IN ALL CIRCUMSTANCES OTHER THAN THE ONE ENVISIONED IN THIS SPECIFIC PROTOCOL, IN THE RELIABILITY DEPLOYMENT PRICE ADDER, WE HAVE A PROCESS BY WHICH WE CAP THE ANSLEY SERVICE PRICES WHEN COMBINED WITH THE, UH, PRICING COMING OUTTA THE DISPATCH. WITH THE PRICING COMING OUT OF THE RELIABILITY DEPLOYMENT PRICER PRICE ADDER PROCESS, WE LIMIT IT TO THE EFFECTIVE ALL. UH, REALLY THIS LANGUAGE WAS MISSED WITHIN NPR 1268 BECAUSE IT WAS IN A SECTION THAT OTHERWISE, UH, WASN'T BEING AMENDED WITH THE NPRR. BUT IN THE LANGUAGE AND SECTIONS THAT WE DID SUCH AS PART OF 1268, AND IN THE CIRCUMSTANCES, GENERALLY, WE ARE CAPPING THE ANSLEY SERVICE PRICES IN TOTAL TO THE EFFECT OF ALL, EVEN IF THE ORIGINAL PRICE COMING OUT OF THE OPTIMIZATION IS SOMETHING HIGHER BECAUSE OF THE NOW DESIGN WE HAD WITH THE ANSLEY SERVICE DEMAND CURVES. UH, AND LASTLY, UH, SOMETHING THAT CAME, UH, TO MY MIND WAS DISCUSSION. WE HAD AROUND NPR, UH, 10 80. THIS WAS, UH, AN NPR THAT CAME OUT, UH, PRETTY QUICKLY FOLLOWING, UH, WINTER STORM MUY BACK IN 2021. THIS NPR REALLY WAS THE RESULT OF A LOT OF THE SCRUTINY AND CONCERN AROUND ANCI SERVICE PRICES IN THE DAY AHEAD MARKET THAT WE SAW DURING WINTER STORM MUY. AND THE OVERALL IMPACT OF THAT AFTER TAKING FEEDBACK FROM THE LEGISLATURE AND THE PUBLIC UTILITY COMMISSION, WAS TO CHANGE HOW WE DO PRICING IN THE DAY AHEAD MARKET FOR THE ANCILLARY SERVICES SUCH THAT THEY ARE ALL CAPPED AT THE EFFECT OF, UM, SO THOSE ARE JUST SOME SORT OF KEY POLICY DECISIONS THAT IT SEEMED, UH, USEFUL TO POINT TO AND, AND HOPEFULLY GIVE, UH, EVERYONE THE KIND OF COMFORT, UH, AROUND WHY WE'RE MAKING THIS CHANGE AND, AND NOT JUST, UH, HAVING THE MORE BROAD STATEMENTS THAT WE PREVIOUSLY HAD. OKAY. THANKS DAVE. UM, DIANA, IT SOUNDS LIKE CPS IS OKAY WITH THIS. WE ARE APPRECIATIVE OF ERCOT WORKING ON THIS AT THE LAST MINUTE. WHILE WE ARE TEEING THIS UP, WE JUST WANTED TO MAKE SURE THAT WE HAD PROVISION SUFFICIENT JUSTIFICATION FOR THE CHANGES THAT WERE PROPOSED AND ADDRESSED, ESPECIALLY WHEN WE'RE LAYING OUT ERCOT GOALS OF THE EXISTING, UH, PRICING POLICY. SO WE APPRECIATE TAX CONSIDERATION ON, UM, THE ADDED LANGUAGE AND THE EDITS TO 1311, AND WE APPRECIATE THE WORK ON BEHALF OF ERCOT TO HELP US GET THERE. OKAY. ANYBODY HAVE ANY, UH, QUESTIONS OR CONCERNS WITH THE ADDED LANGUAGE? OKAY. SO I THINK WE ARE, WOULD BE RECOMMENDED APPROVAL OF 1311, AS RECOMMENDED BY PRS, AND THE 10 TO PRS REPORT IS REVISED BY TECH. YAY, . OKAY. CAN WE PUT IT ON THE COMBO BALLOT, BRIAN? YES. YES. OKAY. I DIDN'T KNOW WHAT ONE FINGER MEANT. OKAY. NI NICE FINGER. NOT, NOT THAT. YEAH. PEOPLE ON THE PHONE. WHICH FINGER? SORRY. SORRY. OKAY. ALRIGHT, LET'S PUT THIS ON THE COMBO BALLOT. NO FI NO FINGERS ARE UP. . SORRY, BRIAN. OKAY. UM, WE WERE GOING TO GO BACK TO ERCOT. UM, I BELIEVE WE HAD A COUPLE MORE THINGS WE WANTED TO SAY ABOUT THE UPCOMING, UH, A WINTER STORM EVENT, UM, OR HOPEFULLY NOT EVENT, BUT, UH, THE CREDIT IMPLICATIONS, I BELIEVE. YES, THAT'S CORRECT. YES, THAT'S CORRECT. AND IF SANIA, YOU'RE AVAILABLE TO, UM, MAKE A COMMENT ON THAT, WE'D APPRECIATE IT. THANK YOU. YEP. THIS IS SANIA SPEAKING. CAN EVERYBODY [02:45:01] HEAR ME WELL? YES. ALL RIGHT. UM, YEAH, THIS IS JUST A PUBLIC SERVICE ANNOUNCEMENT, IF YOU WILL. UM, THE FUTURES PRICES HAS BEEN GOING UP, UH, R-F-A-F-D-F-A-F HAS JUMPED TODAY, UH, BUT AROUND 1.42, 4.9 FOR FAF, WE DON'T KNOW, UM, YOU KNOW, WHAT THE FUTURES ARE GONNA PRINT TONIGHT AND POTENTIALLY, UM, THE FORWARD ADJUSTMENT FACTORS COULD GO UP TOMORROW AS WELL. SO AGAIN, IT'S JUST A FRIENDLY REMINDER. BANKS ARE GONNA BE CLOSED ON THE WEEKEND. PLEASE REVIEW YOUR CREDIT REPORTS. UM, COLLATERAL CALLS OF COURSE WILL LOCK YOU OUT OF DAM. AND THEN, UM, IT LOOKS LIKE, UM, WE MAY ACTUALLY ALSO HAVE A FREEZE HARD FREEZE ON MONDAY AS WELL. SO JUST AGAIN, UH, PLEASE, UH, MANAGE YOUR COLLATERAL ACCORDINGLY. THAT'S, THAT'S BASICALLY THAT REMINDER. OKAY. KEITH, ANYTHING ELSE? OKAY. OKAY, NOW WE ARE [17. ERCOT Reports ] BACK TO ERCOT REPORTS ANNUAL REC REPORTING REQUIREMENT. SO WE HAVE A REPORT. UH, GOOD AFTERNOON EVERYONE. UH, I'M JOHN CHU, UH, WITH OUR MARKET ANALYSIS. UH, VERY GLAD TO BE HERE TO PRESENT OUR 2025, UH, ANNUAL REPORT. SO THIS REPORT IS REQUIRED BY HURRICANE AUTO PROTOCOL, SECOND 5.8 ANNUAL ROCK REPORTING REQUIREMENT, UH, CURRENTLY THE ROCK ACTIVITIES, UM, AND ITS MARKET AND SETTLEMENT IMPLICATION. UH, SO IN TERMS OF THE FORMAT, UM, THIS IS VERY SIMILAR TO WHAT WE PRESENT IN PAST FEW YEARS. UH, AND WE ALWAYS TRY TO INCORPORATE THE FEEDBACK FROM STAKEHOLDERS, UM, AND MAKE ANY IMPROVEMENTS, ADJUSTMENTS. UH, AND AS A SIDE NOTE, UH, WE HAVE, UH, WE ALSO HAVE A MONTHLY, UH, ROCK REPORT THAT IS POSTED ON WWM G UH, MEETING, MEETING PAGE, UH, FOR EACH MONTH. SO IT FOLLOWS A VERY SIMILAR FORMAT, UH, AS A ANNUAL REPORT WE ARE PRESENTING, UH, TODAY HERE. UH, SO IN CASE YOU ARE INTERESTED IN, UH, MORE GRANULAR DATA, UM, THEN, UH, YOU CAN CHECK OUT THOSE MONTHLY REPORT. SO STARTING WITH THE KEY OBSERVATIONS FOR 2025, UH, OVERALL, WE SEE AN INCREASE, UH, IN THE, UH, TOTAL AMOUNT OF ROCK, ABOUT 5,300 RESOURCE HOURS IN 29 5. SO THIS IS, UH, UH, MUCH HIGHER THAN 2024 AND 29 3. UM, SO WHICH WERE LIKE 2000 AND THEN, UH, 2,500 RESPECTIVELY. SO SOME FACTORIES THAT COULD, UM, COULD HAVE CONTRIBUTED TO THIS TREND. UM, FIRST THE RAPID LOAD GROWTH, UH, AND, UH, WITH HIGHER RENEWABLE PENETRATION, UH, WHICH LED TO, UH, MORE CON CONGESTION AND THE LESS, UH, SELF COMMITMENT BY THERMAL RESOURCES. UH, AND THEN, UM, UH, IN, UH, SECOND, THERE'S THE LIMITATIONS ON THE S RM CAPABILITY, UH, IN PRE RTC ROCK THAT IS TIED TO THE COP TARGET R BEGINNING SOC. UH, SO IN TERMS OF ROCK REASONS, UH, WE HAD 81% OF TOTAL ROCK, UH, RESOURCE HOURS THAT WERE ATTRIBUTED TO, UH, CONGESTION CONCERNS. SO COMPARED TO LIKE 38%. AND IN 2024, UH, THERE HAVE BEEN SOME, UH, QUESTIONS AND CONCERNS, UH, RAISED REGARDING THE, UH, THE LISTED ROCK REASONS, PARTICULARLY, UM, AROUND THOSE LIKE CONGESTION ROCKS. UH, SO WE ARE, UH, DOING SOME DEEP DIVE ANALYSIS, UM, AND THERE ARE SOME ONGOING DISCUSSION AT THE CMWG, LIKE THE ONE THAT HAPPENED YESTERDAY. UH, SO WE WILL KEEP WORKING ON, UH, ONAN EXPLORING SOME, UH, POTENTIAL IMPROVEMENTS, WHICH MAY INCLUDING, UM, DEVELOPING SOME NEW TOOLS FOR, FOR CONTROL ROOM STUFF. AND THEN, UH, SINCE, UH, RTC LAUNCHED ON DECEMBER 5TH, UM, 2025, UH, SO WE NOTICED, UH, UH, LIKE ROCK MOVEMENTS HAVE BEEN, UM, LOWER IN THE PREVIOUS COMPARED TO PREVIOUS MONTHS. SO THERE ARE SEVERAL FACTORS, UH, THAT CONTRIBUTE TO THIS TREND. UM, THE ABILITY OF RTC ROCK TO MAGIC CONGESTION BY REALLOCATING, UH, BOTH ANTIGEN THREE SERVICE AMONG RESOURCES WITHOUT COMMITTING ADDITIONAL OFFLINE RESOURCES. UH, THE ABILITY OF RTC ROCK TO TRADE OFF BETWEEN ANTIGEN THREE SERVICES. AND WE ALSO OBSERVED, UH, THE IMPROVED ACCURACY OF, UH, COP TARGET HVOC DATA SINCE RTC GO LIVE. , JUST TO STEP BACK JUST FOR A SECOND, THIS IS THE KEY COLUMNS, UM, TO THE PRIOR SLIDE, THOSE SORT OF LAST POINTS YOU MADE. I JUST WANT TO EMPHASIZE, I KNOW THERE WAS A LOT OF CONCERN WITH THE LAUNCH OF RT RTC PLUS B ABOUT THE INCREASE, POTENTIAL INCREASE IN RUGS, AND OUR OBSERVATION HAS BEEN THE EXACT OPPOSITE, RIGHT? YEAH. AND, AND THE REASONS THAT YOU'VE LISTED HERE ARE WHAT WE'VE BEEN ABLE TO IDENTIFY. YEAH. THANK YOU. [02:50:02] ALRIGHT, SO THIS SLIDE PROVIDES SOME, UH, HIGH LEVEL STATISTICS, UH, OR METRICS FOR ROCKS IN 2095. UH, WE MEASURE THE COUNT OF ROCK INSTRUCTIONS, UH, IN TERMS OF RESOURCE HOUR. SO THE FIRST ROW, UH, SHOWS THE INSTRUCTED RESOURCE HOUR. SO IN 2012, WE HAVE, UH, 5,300 RESOURCE HOURS INSTRUCTED, AND THEN THE SECOND ROW SHOWS THE EFFECTIVE RESOURCE HOURS, UH, ABOUT 5,100 EFFECTIVE RESOURCE HOURS. SO THERE WERE RESOURCES THAT GOT ROCKED AND SUCCESSFULLY, UH, CAME ONLINE AND POTENTIALLY IMPACTED THE MARKET OUTCOME. UH, SO THE DIFFERENCE BETWEEN THE EFFECTIVE, UH, INSTRUCTIVE RESOURCE HOUR AND THE EFFECTIVE RESOURCE HOUR, UM, REFLECTS THE CASES WHERE A RESOURCE, UH, WA WAS INSTRUCTED, UM, BUT DID NOT COME ONLINE DURING THE FIRST HOUR, UH, OF ROCK INSTRUCTION. SO THOSE ARE COUNTED IN THE, UH, INSTRUCTIVE RESOURCE HOUR, BUT NOT IN THE EFFECTIVE RESOURCE HOURS. UH, AND, AND WE DID FURTHER BREAK DOWN THOSE NUMBERS INTO SUBCATEGORIES. UH, WE CAN SEE THE MAJORITY WILL ATTRIBUTE TO, UH, CONJUNCTION OTHER THAN THE CAPACITY. AND THERE WAS A SMALL PORTION, UH, GOT OPT OUT. UH, WE ALSO PROVIDED SOME ADDITIONAL METRICS LIKE L-S-L-L-D-L, BASE POINT S HHL, JUST FOR LIKE, FOR THE CONTEXT. SO SOME ADDITIONAL INFO FOR THE ROCK CONSTRUCTION REASONS. UM, AMONG THE 5,100 EFFECTIVE RESOURCE HOURS, UH, ABOUT 81% WERE ATTRIBUTE TO CONGESTION. AND 19%, UH, WERE ATTRIBUTE TO CAPACITY CONCERNS AMONG AND AMONG THOSE, UH, UH, 19%, UH, CAPACITY DRUGS, THERE WERE 7.6, UH, RESOURCE HOURS ISSUED, UM, TO RESOURCE RECEIVING AN OUT SCHEDULE ADJUSTMENT OOSA. AND THERE WERE NO RESOURCE HOURS COMMITTED FOR ENTRY SERVICE SHORTAGE SYSTEM INERTIA, UH, START OF FAILURES OR EXPECTING ESR ENGINE CONSUMPTIONS. AND AMONG ALL THE EFFECTIVE RESOURCE HOURS, UH, 2.3% WAS SUCCESSFULLY BOUGHT BACK. UH, THIS VALUE IS MUCH LOWER THAN, UH, THAN LAST YEAR. UH, AND THIS NUMBER ALSO INCLUDE THE, UH, THE RESOURCE THAT WERE DAM COMMITTED, UM, WHICH ARE BY DEFAULT TREATED WITH, UH, OPTOUT SENTIMENT. UH, THIS SLIDE, UM, PRESENTS A SIMILAR ROCK DATA, UM, AS A PREVIOUS SLIDE, BUT LIKE USING, UM, UH, JUST LIKE SHOW THE, SHOW THE SHAPE OF THE ROCK MAINTENANCE BY MONTH, LIKE IN THE PAST FEW YEARS, AGAIN, WE CAN SEE THAT THE 2025 ROCKS WERE MUCH HIGHER THAN 23 AND 24, UH, AND ONLY LOWER THAN, UH, 22. UH, WE CAN NOTICE THAT, UM, IN DECEMBER, UM, THE NUMBER IS MUCH LOWER COMPARED TO TO THE PREVIOUS MONTHS. AND EVEN WITH, UH, WITH WHAT IS LIKE RELATIVELY LOW BAR HERE, THE MAJORITY OF THOSE ROCKS IN DECEMBER ACTUALLY OCCURRED BEFORE THE RTC IMPLEMENTATION. AND SO POST RTC, WE, UH, WE OBSERVED A SHARP REDUCTION, UH, IN THE ROCKET COMMITMENTS. UH, WE ACTUALLY ONLY HAD TWO OPERATING DAYS IN DECEMBER, UM, POST RTC WITH ROCK COMMITMENTS. UM, SO THE INITIAL POST RTC RESULTS, UM, SHOWS THE BENEFIT OF RTC ROCK, UH, THAT CAN BETTER ALLOCATE ENGINE AND ANSWER SERVICE MORE RESOURCES. THIS SLIDE PRESENTED A SIMILAR ROCK, UM, DATA AS A PREVIOUS SLIDE, BUT LIKE USING DIFFERENT METRICS. UM, HERE WE APPLY MI WEIGHT AND CONVERT THAT TO, UH, RAW CONVERT THE RAW DATA TO, UH, MI OUR VALUES USING, UM, USING THE, UH, BASE POINT HSL. SO THE TOP GRAPH USING THE BASE POINT AND THE, AND THE BOTTOM GRAPH USE, UH, HSL. SO Y AXIS IS THE SAME FOR, UH, BOTH GRAPHS AND OVERALL THE SHAPES ARE LIKE VERY SIMILAR, UH, TO THOSE IN PREVIOUS SLIDE. AND, UM, OF COURSE, THERE ARE SOME VARIATIONS THAT DEPEND ON SPECIFICALLY ROCK CASES OR SYSTEM CONDITIONS. I, I, I HAD A QUESTION ON THESE, THESE SLIDES. AND IT HAS TO DO WITH THE Y AXIS. MM-HMM . IT'S LABELED AS MEGAWATT HOURS. IT, IS THERE A, A SCALER ON THERE THAT I'M MISSING? UM, WE, UH, WHEN WE COME, 'CAUSE THIS IS BASED ON EFFECTIVE RESOURCE HOURS, SO WE, UH, WE TAKE THE HOW LONG? LITERALLY MEGAWATT HOURS, NOT GIGAWATT HOURS, NOT TENS OF MEGAWATT HOURS, NOT, UM, YEAH, I, I FIND THAT HARD TO BELIEVE. UH, I CAN DOUBLE CHECK THAT, BUT I THINK THAT, 'CAUSE WE USE THE THINGS, WE USE A SCATTERED DURATION, WHICH IS IN LIKE MINUTES OR SECOND, AND WE CONVERT THAT TO THE HOUR. SO MAYBE IT'S NOT LIKE ROCK COMMITT FOR FOUR HOUR, BUT IT'S ONLY LIKE BEEN THERE FOR, SO THERE IS SOME DURATION, TIME, DURATION AS WELL AS THE MEGA WATCH. I, I, I UNDERSTAND WHAT YOU'RE DOING. UM, AND, AND, AND MAYBE IT'S MY INABILITY TO AGGREGATE OVER THE 12 MONTHLY VALUES IN MY HEAD, BUT, UM, SOMETHING SEEMED OFF FROM MY PERSPECTIVE MM-HMM . AND IT COULD BE THAT MY PERSPECTIVE IS JUST WRONG. SO, UM, OKAY. THANKS FOR THAT. AND WE CAN, WE CAN DOUBLE CHECK EDUCATED OR, OR, UH, HAVE [02:55:01] RESPECT MM-HMM . SO THIS IS A, ACTUALLY A NEW SLIDE WE ADDED FOR THIS YEAR. UM, ALTHOUGH THIS INFORMATION, UH, HAS ALWAYS BEEN INCLUDED IN OUR, UH, MONTHLY WWG ROCK REPORT, AND THIS GRAPH ILLUSTRATE, UH, THE ROUGHLY TIME MARGIN. AND SO THE LEAD TIME REFERS TO THE LENGTH OF TIME BETWEEN CONSTRUCTION AND THE START OF THE C COMMITMENT WINDOW, AND THEN LEAD TIME MARGINS. THE DIFFERENCE BETWEEN THE LEAD TIME, UH, AND THE RESOURCE STARTS UP TIME. SO, FOR EXAMPLE, IF A RESOURCE, UH, IS, UH, IF A RESOURCE HAS A START TIME OF THREE HOURS AND THE OPERATOR COMMITTEE THE FIVE HOURS AHEAD, AND THEN LEAD TIME MARGIN WILL BE TWO HOURS. UM, SO, SO HERE WE TRY TO SUMMARIZE THIS INFORMATION. UH, ON, ON THE LEFT WE SHOW A DISTRIBUTION GRAPH OF ALL COMMITMENTS FOR EACH YEAR. AND THEN ON THE RIGHT SIDE, UH, THERE'S A, LIKE MONTHLY BREAKDOWN BY LEAD TIME MARGIN GROUP. UH, AND FOR 2025, UH, MOSTLY MOST OF THE RECOMMENDED WINDOWS HAD A LEAD TIME MARGIN OF TWO HOURS OR LESS, WHICH IS QUITE CONSISTENT WITH THE PRACTICE, UM, IN PAST FEW YEARS. THIS SLIDE SHOWS THE AVERAGE A AGE OF RESOURCES, UH, WEIGHTED BY EFFECT TO RESOURCE HOURS AND BROKE OUT BY OPT, OPTOUT AND NON OPTOUT CATEGORIES. AND MOST VALUES YOU CAN SEE COSTS ARE AROUND, UM, 15, UH, UH, SORRY, 5 0, 50 YEARS OLD. UM, HOWEVER WE, WE SEE TO OUTLIERS, UM, IN THE OPTOUT GROUP. UM, BUT, BUT SINCE THERE ARE VERY FEW OPTOUT RESOURCES AND, UM, THIS OUT ARCHIVES MAY, MAY, MAY TIE TO BE MORE SPECIFIC RESOURCE OTHER THAN LIKE INDICATING ANY BROADER TREND. UH, THIS SLIDE SHOWS AVERAGE AGE OR RESOURCES, UH, WEIGHTED BY EFFECT RESOURCE HOURS BROKE OUT BY OPTOUT AND NON OPTOUT CATEGORIES. UH, AGAIN, MOST OF THOSE VALUES YOU CAN SEE CLUSTERED AROUND LIKE 15, 50 YEARS OLD. UM, UH, THIS SLIDE SHOWS THE ROCK FACTORY RESOURCE, UM, THAT WERE DISPATCHED ABOUT LDL WHEN THEY DID NOT SUCCESSFULLY OPT OUT. UM, SO IN TOTAL THERE WERE, UH, ABOUT 250 RESOURCE HOURS WHEN THAT HAPPENED. UH, AND AMONG THOSE, UH, THERE WERE 67, UH, OF THOSE RESOURCE HOURS WHERE THE LMP WAS, UH, ABOVE THE ROCK FOR FLOOR. AND THEN FOR THE REST OF 181, UH, RESOURCE HOURS, UH, THE DISPATCH BEING ABOVE LDL WAS CAUSED BY MITIGATION, UH, IN SCALE. SO SIMILAR TO PREVIOUS YEARS, UM, MITIGATION IS STILL THE PRIMARY DRIVER, UH, FOR THE DRUG RESOURCE THAT DISPATCHED ABOVE LDL. ON THIS SLIDE, WE ARE, WE ARE LOOKING AT THE RELIABILITY DEPLOYMENT PRICE EDITOR, UH, OR RDPA. UH, SO STARTING WITH THE TOP LEFT GRAPH, UM, IT SHOWS THE TOTAL DURATION OF RDPA TRIGGERS BY EACH MONTH. UH, SO YOU'LL NOTICE THAT THIS PATTERN LARGELY FOLLOWS, UM, UH, FOR THE ROCK RESOURCE HOURS TREND WE DISCUSSED EARLIER. UH, WHILE ROCK IS THE MAIN DRIVER, UH, THERE ARE OTHER TRIGGERS AS WELL. UM, SO WE'VE COLOR CODED, UH, THAT CHART. AND AS YOU CAN SEE, UM, THE MAJORITY OF RDP INTERVALS WERE ACTUALLY TRIGGERED BY ROCK. UM, SHOWING BLUE ON THIS TOP LEFT GRAPH. AND THEN MOVING TO THE BOTTOM GRAPH, THIS REPRESENTS, UM, THE TIME WEIGHTED AVERAGE RDP FOR ENERGY, UH, BY MONTH, CALCULATED ONLY DURING THE ACTIVE RDP EVENTS. UH, SO JANUARY AND FEBRUARY, UH, STAND OUT WITH THE HIGHEST VALUE, UH, DRIVEN BY SOME, UH, VERY TIGHT DAY DAYS DURING THOSE MONTHS. UM, AND THEN WE APPLIED THE SAME COLOR CODE BASED ON RDP TRIGGERS FOR CONSISTENT. AND THEN FINALLY, THIS, THIS HIGHLIGHTS WHERE MY CONCERN WAS WITH THE PREVIOUS CHART. 'CAUSE IF, IF I JUST PICK ON DECEMBER 25, I SEE 65 HOURS OF RTPA ADDERS MM-HMM . OKAY, BUT YOU'RE TELLING ME THAT THERE WERE ONLY 50 MEGAWATT HOURS OF RUCK BASE POINT ENERGY, THAT THAT DOESN'T MAKE SENSE. I, I SEE YOUR POINT. WE'LL DOUBLE CHECK. YEAH, THAT'S FINE. THAT'S MY QUESTION. MM-HMM . YEAH, THANKS FOR THAT POINT. UM, OKAY, THE FINALLY, UH, SINCE THE IMPLEMENTATION OF THE RTC BEYOND DECEMBER 5TH, UH, WE NOW HAVE SOME INITIAL DATA FOR RDP ON ANSARY SERVICES. UM, THEN FOR DECEMBER, UM, WE CALCULATE THE, THE TIME WEIGHTED AVERAGE RDP FOR ANSARY SERVICE, UH, WHENEVER AN RDP TRIGGER, UM, OCCURRED. SO THE RESULTS, UH, SHOW, UM, IN THE TABLE ON THE BOTTOM RIGHT. UM, SO THOSE VALUES ARE RELATIVELY SMALL, UM, RANGING FROM 8 CENT TO, UH, 15 CENTS. SO THIS IS JUST SOME INITIAL OBSERVATION. [03:00:01] WE'LL, WE'LL CONTINUE TO MONITOR AND REPORT, UM, THESE NUMBERS IN FUTURE MONTHLY REPORTS. UH, THIS SLIDE IS ABOUT THE SETTLEMENT OUTCOMES. UM, THE TOP GRAPH IS, UM, IS A ROCK MAKE HOLE AMOUNT, UH, WHICH IS ALMOST EXCLUSIVELY COVERED THROUGH THE CAPACITY SURCHARGES. UH, AND THEN, UH, FROM THE GRAPH, WE CAN SEE THAT THE MAKE HOLE, UH, AMOUNT IS SLIGHTLY HIGH. OH, NO SLIDE BUT HIGHER THAN 20, 24 AND 23. SO THIS YEAR THE TOTAL WAS, UM, UH, ABOUT 20 MILLIONS, UH, ANNUAL TOTAL COMPARED TO ABOUT, I THINK 2.7 MILLION IN 2024. AND THEN THE MIDDLE GRAPH IS A CALLBACK CHARGES, UM, UH, ACROSS INDIVIDUAL MONTHS. SO THE TOTAL CALLBACK FOR 25, UH, IS 4.6 MILLION, UH, UH, WHICH IS A BIT LOWER THAN THAN 2024. THAT WAS, UH, 7.7 0.4 MILLION 2024. AND THEN THE BOTTOM GRAPH, JUST SOME ADDITIONAL INFORMATION, UM, SHOWS THE SHORT FOR MEGAWATT HOUR THAT LED TO THE CAPACITY STORAGE CHARGE. AND I, I WANNA VERIFY THE NUMBER AT THE VERY BOTTOM OF THE PAGE WHERE IT SAYS ONLY $701 WORK WERE UPLIFTED TO LOAD. THAT'S, THAT'S LIKE $700 BILLS, RIGHT? YEAH. YEAH. OKAY. THAT'S DUE TO ROUNDING. YEAH. YEAH, YEAH. AND JUST NOTE LIKE THIS IS WHAT WE HAVE BEEN, UM, UH, SETTLED SO FAR AS, UM, AS OF MID OF JANUARY. SO SOME VALUES COULD BE SUBJECT TO CHANGE, UM, UH, FOR FINAL TO UPS SETTLEMENT. SO THIS IS THE LAST SLIDE. UH, TO SUM UP, UH, THE KEY POINTS, UH, WE HAD HIGHER ROCK, UH, RESOURCE HOURS COMPARED TO LAST YEAR. UH, VERY FEW OF THOSE RESOURCE HOURS GOT OPT OUT AND THE TOTAL ROCK MAKE WHOLE AMOUNT WAS 20 MILLION, AND THEN THE TOTAL CALLBACK CHARGE WAS 4.6 MILLION. UH, AND THE INITIAL DATE AFTER THE DECEMBER 5TH, UM, IMPLEMENTATION OF RTCB SHOWS A NOTICEABLE RE REDUCTION IN RECOMME COMMITMENTS COMPARED TO EARLY MONTH. AND THIS IS MY LAST SLIDE, AND HAPPY TO TAKE ANY FURTHER QUESTIONS. YEP. UH, SHAS, I HAD A QUESTION ON THE PREVIOUS SLIDE. SO THESE VALUES OF THE RUG DOLLARS AND THE MEGAWATT HOURS SHORT, UM, SO I GUESS WE CAN CALCULATE THE DOLLARS PER MEGAWATT HOUR THAT WAS CHARGED TO THESE, UM, THE ENTITIES THAT WERE SHORT, ARE THESE AVAILABLE IN REPORTS WHERE IT'S, UH, BY 15 MINUTES WHAT THE AMOUNT OF, UM, DOLLAR CHARGES IN THE SHORTFALL AMOUNTS? YOU MEAN IF YOU HAVE ANY REPORTS ON THOSE 50 MINUTES? I'M, I'M NOT SURE IF I, I MEAN, NEED SOME HELP FOR THIS ONE? YEAH. BASICALLY, ARE THERE ANY REPORTS THAT ARE CAUGHT POSTS THAT WE CAN DOWNLOAD AND WE CAN FIGURE OUT WHAT THE DOLLARS PER MEGA DOLLAR CHARGE WAS IN, IN DIFFERENT 15 MINUTE TIME INTERVALS? YEAH, GO, GO AHEAD, KEITH. YEAH, THIS IS KEITH. UM, I DON'T KNOW THAT WE HAVE THAT INFORMATION, BUT WE CAN, WE'LL FOLLOW UP ON THAT. I SEE DAVE'S IN THE, OH, ALRIGHT. LET'S GO TO DAVE AND YEAH. YEAH. THANKS DAVE. GO AHEAD. YEAH, JUST REAL QUICK, I'M GUESSING. THANK YOU VERY MUCH. I, I'M GUESSING THAT, SEAN, TO YOUR QUESTION, THE, THE DATA IS LIKELY AVAILABLE FOR INDIVIDUAL QCS AS PART OF THE, OVER THE OVERALL EXTRACT DATA, UH, AT THAT 15 MINUTE GRANULARITY. WE DO HAVE, UH, OTHER AGGREGATE DATA PROVIDED AS PART OF SOME OF THE OTHER SETTLEMENTS REPORTS, I THINK MOSTLY TO WMS THESE DAYS. UM, BUT, BUT IT'S PROBABLY, I DON'T THINK IT'S AT THIS POINT AVAILABLE AS, AS A 15 MINUTE, UH, GRANULAR VALUE FOR INDIVIDUALS WHO ARE NOT THE QSCS, BUT PERHAPS THAT'S SOMETHING WE CAN TALK ABOUT AS PART OF CWG IN AN ADDITIONAL MATERIAL WE CAN SHARE. OKAY. THAT'D BE GREAT. YEAH, BECAUSE, YOU KNOW, FOR THE MARKET, FOR SOMEONE TO FIGURE OUT WHAT THEIR POTENTIAL EXPOSURE COULD BE FOR RUG CHARGES, YOU KNOW, IT'D BE GOOD TO KNOW THE HISTORY OF WHAT THESE R CHARGES LOOK CORRECT ON A MARKET WIDE BASIS. UH, DOLLARS PER MEGAWATT HOUR IN SHORT CHARGES. OKAY. THANKS. OKAY. AND HOPEFULLY THIS WILL BE MY LAST QUESTION, WHICH IS, DOES, UM, IS ANYWHERE IN HERE OR MAYBE ANOTHER REPORT THAT I'M NOT FAMILIAR WITH, UH, JUST A LISTING OF THE NUMBER OF UNIQUE UNITS THAT WERE ROCKED OVER A PERIOD OF TIME? UH, I DON'T THINK WE HAVE AGGREGATED REPORT. IT'S MORE LIKE THROUGH MS FOR EACH INDIVIDUAL ROCK. UH, I'M NOT AWARE OF LIKE A SUMMARIZED REPORT, LIKE ANNUAL LISTED, EVERYTHING. OKAY. I, THIS IS ALL GOOD AND HELPFUL AND INSIGHTFUL INFORMATION, BUT IT JUST KNOWING DID, WAS IT THE SAME FOUR UNITS THAT WERE GETTING RUCKED, YOU KNOW, ALL OF THESE HOURS [03:05:01] OR WAS IT HUNDREDS OF UNITS AT DIFFERENT POINTS IN TIME? I THINK IS, IS HELPFUL. INFORMATION HAS TO BE SHARED IN A WAY THAT DOESN'T VIOLATE ANY, YOU KNOW, IT DOESN'T SHARE TOO MUCH, BUT HAVING SOME KIND OF INSIGHT INTO THAT MAGNITUDE WOULD BE HELPFUL. YEAH. THANKS FOR THAT FEEDBACK. WE CAN, WE CAN EXPLORE SOME OF THOSE OPTIONS. OKAY. THANKS SETH. YEAH, I I'M NOTICING THAT RUCK WENT UP QUITE A BIT ON, UH, ONE OF YOUR EARLIER SLIDES THAT YOU AREN'T SHOWING RIGHT NOW. UH, THAT WOULD BE SLIDE SIX. UM, IT LOOKS LIKE CONGESTION, UH, IS PLAYING A PART IN THAT. AND I JUST WANTED TO CONFIRM, DOES ERCOT ONLY R FOR CONGESTION IF THEY ANTICIPATE THAT A TRANSMISSION CONSTRAINT IS GOING TO BE VIOLATED? OR ARE THEY DOING IT FOR ECONOMICS? IT'S, IT'S JUST FOR RELIABILITY. UM, YEAH. AND THEN JUST KNOW, LIKE THOSE AS NOTED EARLIER, LIKE SOME OF THOSE ROCK FOR CONGESTION, LIKE THERE, THERE, THERE'S NOT ALWAYS LIKE A SINGLE REASON THAT CAN ASSOCIATE ROCK. LIKE LOT OF THOSE ROCK WE LISTED AS FOR CONGESTION ACTUALLY HAVE THE CAPACITY IMPLICATION. UM MM-HMM . MM-HMM . OKAY. AND THEN MY SECOND QUESTION IS ON SLIDE THREE WHERE IT SAYS REALTIME CO OPTIMIZATION, UM, CAN IMPROVE THE ABILITY TO MANAGE CONGESTION BY REALLOCATING BOTH ENERGY AND RESERVES WITHOUT COMMITTING ADDITIONAL OFFLINE RESOURCES. IS THERE ANY TRADE OFFS INVOLVED WITH THAT? WHERE IS IT POSSIBLE THAT THESE R THESE, UM, RESERVES THAT ARE BEING SHIFTED AROUND END UP BEHIND, UH, TRANSMISSION CONSTRAINED AREAS? AND SO YEAH. UH, I, I DON'T HAVE SPECIFIC DATE FOR THAT, BUT I THINK THAT CAN HAPPEN. UH, AND WHAT WE STATE HERE IS, OH, LIKE WHAT WE OBSERVED POST RTC IS THAT WE SAW THE, THE ROCK RTCS CAPABILITY TO, UM, TO UTILIZE THE OFFLINE RESOURCES FOR NONS SPIN, UM, AWARDS, FOR EXAMPLE. SO LIKE IN PRE RTC, UM, SO IN PRE RTC IF RESOURCE WAS CARRYING ONLINE NON SPIN, RIGHT? AND THE ROCK HAD TO HOLD THOSE CAPACITY BEHIND THE HASSLE AND CANNOT USE THOSE CAPACITY TO, UH, FOR ENERGY. AND THEN IN RTC, UM, 'CAUSE ROCK CANNOT ASSIGN THOSE NON-PAY TO OFFLINE RESOURCE AND FREE UP THOSE ONLINE RESOURCES. SO IF THERE'S ADDITIONAL CAPACITY NEED, THEN ROCK DOESN'T HAVE TO REALLY LOOK INTO LIKE COMMIT ADDITIONAL OFFLINE RESOURCES. OKAY. YEAH, I UNDERSTAND THAT DYNAMIC. I'M, I'M JUST WONDERING IF YOU'RE MONITORING THE ISSUE WHERE EFFECTIVELY THE RESERVES END UP BEHIND TRANSMISSION CONSTRAINTS AND ARE ACTUALLY NOT DELIVERABLE, UH, REAL TIME CO CO CO-OP OPTIMIZATION FEATURES ARE PRONE TO THAT BECAUSE IT SHOWS THE HEAD ROOM IN AREAS WHERE RESOURCES ARE BEING PINNED DOWN DUE TO TRANSMISSION CONGESTION. AND THIS CAN EASILY END UP BEING SORT OF A, UH, AN EXERCISE IN PUTTING, UH, ANCILLARY SERVICES IN AREAS WHERE THEY'RE NOT DELIVERABLE. MISOS HAD THESE ISSUES, CALIFORNIA'S HAD THESE ISSUES. IT'S PRETTY WELL LIKE DOCUMENTED ISSUE OF CO OPTIMIZATION FEATURES. SO I WAS JUST WONDERING IF YOU LOOKED INTO THAT. YEAH, YEAH. I DON'T HAVE THAT FOR THE ROCK. UM, I THINK THAT WAS LIKE DISCUSSING, UM, I GUESS IN R-T-C-P-T-F ON SOME, WHEN WE DID THE REAL TIME STUDY THAT WE OBSERVED THAT, UH, AS YOU MENTIONED, THOSE CAPACITY MOVED BEHIND HAZARD, UH, UH, SORRY, BEHIND THE CON AND CANNOT, UH, DELIVER. UM, SO THAT'S, I GUESS DISCUSSING R-T-C-B-T-F AND THEN THE, UH, I GUESS TWO ADDITIONAL POINTS TO MAKE, LIKE ONE IS ROCK IS STILL LIKE FEW HOURS AHEAD, RIGHT? WHEN THE, THE SITUATION CAN CHANGE WHEN IT'S APPROACH TO REAL TIME, YOU NOT, THINGS CAN STILL CHANGE. AND THEN SECOND IS, UH, I BELIEVE THE RTCR UH, GIVES THE EARTH THE CONTROL ROOM CAPABILITY TO LIKE DO THE, AS OVERRIDE IF THERE'S A REALLY PROBLEM, UH, WITH THE, AS SUSTAINABILITY. SO CONTROL ROOM HAS THIS LIKE LAST RESORT TO MANAGE THAT. OKAY. ARE THOSE THOSE A AS OVERRIDES PUBLISHED? I KNOW I'M GOING DOWN A RABBIT HOLE HERE, SO THANK YOU FOR LETTING ME DO THAT. BUT ARE THEY PUBLISHED? DOES, AND IF THEY'RE NOT, MAYBE AT SOME POINT AN RTC PLUS B, WE COULD SEE HOW OFTEN THAT'S HAPPENING. OKAY. YEAH. WE'LL, WE'LL TAKE, TAKE THAT. THANKS. YEAH. UH, SHI I, THANKS GREATLY. UM, YEAH, THANKS ERICA FOR, UM, PRESENTING, UH, THIS, UH, IRAQ SUMMARY. UM, I, UH, THANKS, UH, SETH FOR BRINGING, UH, BRING, BRINGING UP THAT QUESTION ABOUT, UH, IF THE IRAQ RESOURCES, UH, ACTUALLY, UM, BEHIND SOME BINDING CONSTRAINTS. UM, SO WHAT IT MEANS IS LIKE, YOU KNOW, THE LOAD PAID MONEY TO, FOR THOSE ROCK UNITS, BUT AFTER ALL, THEY MIGHT NOT BE ABLE TO DELIVER THE ENERGY TO RESOLVE THOSE BINDING CONSTRAINTS. RIGHT. UH, [03:10:01] SO THAT THIS QUESTION WAS BROUGHT UP IN PREVIOUS, UH, MEETINGS, BUT THEN AT THE, YESTERDAY AT THE CMWG AND PROVIDED, YOU KNOW, RANK ANALYSIS, UH, LIKE, UM, AFTER THEY, THEY'VE DONE MORE STUDY AND THIS QUESTION WAS NOT BROUGHT UP. SO THAT'S WHY I, YOU KNOW, I THINK IT'S GREAT. SO, UH, I, YOU KNOW, BECAUSE ER, THE OPERATOR HAS THE, UM, FREEDOM TO PICK WHATEVER UNITS, UH, THAT, YOU KNOW, AS RECOMMENDED BY THE AIR TRUCK, THEN THEY HAND PICK WHICH ONES THEY WANT TO EACH INSTRUCTIONS. SO I WAS WONDERING, SO, UH, DOES ICA OPERATOR LOOK AT, YOU KNOW, THE DELIVERABILITY OF THOSE ROCKED RESOURCES? RIGHT. SO THAT'S ONE QUESTION. UM, I HAVE A, A COUPLE MORE QUESTIONS, BUT I WONDER IF, YOU KNOW, YOU WANT TO ANSWER NOW OR WAIT TILL I FINISH ALL MY QUESTIONS? UH, I CANNOT SPEAK FOR THE COUNTRY ROOM, BUT I, I LIKE OUR, SO, UH, ROCK CLEARING ENGINES, JUST THE OPTIMIZATION ENGINE GIVE LIKE SOME LIST OF RECOMMENDATION AND THE OPERATOR HAS LIKE DIFFERENT TOOLS AND TO, TO DECIDE IF, UH, THEY SELECT LIKE CERTAIN RESOURCE TO COMMIT, UM, OR NOT. SO, UH, THERE, THERE'S SOME OTHER TOOLS, BUT, UM, SPECIFICALLY TO THIS DELIVERABILITY, I'M, I'M NOT SURE. YEAH. AND JUST, JUST TO FOLLOW UP ON SOME OF THESE COMMENTS ON THE DELIVERABILITY, I THINK THIS WAS SOMETHING THAT WAS FLAGGED LAST YEAR AS PART OF THE RTC UH, DISCUSSIONS. AND I THINK WE SAID THAT WE WOULD EVALUATE AND FOLLOW UP, AND I THINK WE'RE, WE'RE JUST STILL IN THE EVALUATE AND FOLLOW UP PERIOD. UH, IT'S NOT TO SAY THAT NOTHING HAS HAPPENED, BUT I DON'T THINK AT THIS POINT WE'VE NOTIFIED ANY OR IDENTIFIED ANY PARTICULAR CONCERNS WITH DELIVERABILITY AT THIS TIME. UM, I SEE DAVE WANT TO MAKE A COMMENT. IS THAT RELATED TO THIS QUESTION OR? UM, YEAH, I, YEAH, IF IT'S, IF IT'S OKAY, I, IS IT OKAY IF I RESPOND, CAITLIN? OF COURSE. GO AHEAD DAVE. YEAH, THANK YOU. AND, AND PARTLY IT WAS JUST TO KIND OF COVER WHAT IT, WHAT SOME OF WHAT KEITH JUST SHARED. ONE THING I DID WANT TO JUST MAKE SURE IT'S VERY CLEAR, 'CAUSE YOUR QUESTION WAS SPECIFICALLY AROUND RUCK, I WOULD SAY WE, WE, WE DON'T LOOK AT DELIVERABILITY, BUT THAT IS EXPLICITLY, BUT WE DON'T DO THAT ACROSS ANY OF OUR MARKETS. SO I DO WANT TO BE VERY CLEAR THAT, AND THIS IS PART OF OUR DESIGN OF RUCK RIGHT NOW, IS THAT IT SHOULD BE DESIGNED TO LOOK VERY SIMILAR AND TO LOOK AT SOME OF THE PROBLEMS VERY SIMILARLY TO HOW REAL TIME LOOKS AT IT. SO JUST IN TERMS OF ORDER OF OPERATION, GENERALLY AS WE THINK ABOUT THIS TOPIC, I WOULD SUGGEST THAT WE LOOK TO SEE WHETHER OR NOT WE'RE SEEING DELIVERABILITY CONCERNS IN REAL TIME. AND TO THE DEGREE WE DECIDE THAT WE NEED TO CHANGE SOME OF THE MARKET DESIGN TO ACCOMMODATE THAT, WHICH IS KIND OF ON OUR LIST OF THINGS TO INVESTIGATE AS, AS KEITH WAS TALKING ABOUT. ONLY THEN WOULD WE WANT TO NECESSARILY LOOK AT THAT FROM THE POINT OF VIEW OF HOW WE DO THE OPTIMIZATION FOR R YEAH. THANK YOU. THANKS DAVE. UH, THEN, UH, CAN WE GO BACK TO SLIDE SIX? UM, I DO HAVE FOLLOW UP QUESTION, UM, FOR THE DISCUSSION WITH IS HAND, SO HERE YOU LOOKING HERE, YOU KNOW, THE LEFT SIDE OF THE CHART IS PRETTY MUCH BLUE AND RIGHT SIDE IS PRE PRETTY MUCH, UH, GRAY. SO THAT MEANS THAT, UM, BACK IN 2022 IT'S ROUGH WAS MORE FOR CAPACITY. AND IN 25 IT'S MORE FOR CONGESTION. AND AT THE CMWG MEETING YESTERDAY, UM, THE GAVE THE SHADOW PRICE FOR, UM, POWER BALANCE AND UH, UM, UM, TRANSMISSION CONSTRAINTS. SO THE POWER BALANCE, IF I REMEMBER RIGHT, WAS FIVE, MEANING THE SHADOW PRICE, THE, OR THE PENALTY FACTOR WAS $5 MILLION. UH, IT'S FIVE, YOU KNOW, IT HAS NOT BEEN CHANGED. THAT'S WHAT I, I WAS TOLD. SO IT'S 5 MILLION, UM, PENALTY FACTOR FOR CAPACITY AND 100 K FOR CONGESTION. SO YOU LOOK AT THESE TWO NUMBERS, THEY'RE NOT AT THE SAME SCALE. AND SO, BUT LOOK AT THIS CHART, HOW THE COLOR CHANGES, IT'LL MAKE YOU REALLY WONDER, YOU KNOW, IS CON YOU KNOW, THE SYSTEM, THE CONGESTION, YOU KNOW, THE, THE TIGHTNESS, YOU KNOW, AS FAR AS THE BINDING CON TRANSMISSION CAPACITY, YOU KNOW, SEEMS LIKE THAT BECOME MUCH MORE CONCERNED THAN CAPACITY. UM, ESPECIALLY YOU CONSIDER THE, YOU KNOW, THE, UM, BIG DIFFERENCE OF THE PENALTY FACTORS. SO, UM, , [03:15:02] I WAS, YOU KNOW, I WAS WONDERING IF CAN SHED A LITTLE BIT MORE LIGHT, YOU KNOW, ON, YOU KNOW, HOW, HOW THE, YOU KNOW, CONSIDERING THE PENALTY FACTOR DIFFERENCE, UM, HOW THESE PATTERN SWITCHED. AND BECAUSE OF THIS, UM, YOU KNOW, I THINK SINCE WE NOW ROCK MORE TO SOLVE THE CONGESTION PROBLEM, I THINK TO LOOK INTO THE DELIVERABILITY OF THE REC RESOURCES IS EVEN MORE IMPORTANT, YOU KNOW, TO MAKE SURE THE MONEY WE PAID US, YOU KNOW, AND, YOU KNOW, UM, GET WHAT WE WANT, THE BENEFIT WE WANT. YOU KNOW, FOR EXAMPLE, YOU LOOK AT THE SEPTEMBER, RIGHT? SEPTEMBER IS THE, HAS THE HIGHEST, UH, UM, ROCK FOR CONGESTION. IF WE CAN LOOK INTO THE MONTH AND LOOK AT THE RESOURCES THAT'S ROCK AND, UM, UM, YOU KNOW, UM, ARE THEY BEHIND ANY BINDING CONSTRAINTS OR THEY, THEY WERE ABLE TO HELP CONGESTION AND, UH, AS DESIRED, I'LL TRY TO RESPOND AND MAYBE OTHER CAN ADD, UH, HOW ME, UH, ADDING SOME POINT. SO, UH, AGAIN, THERE'S OFTEN NOT A SINGLE REASON WHY THE ROCK ENGINE IS RECOMMENDING, UM, LIKE FROM OPTIMIZATIONS, LIKE WHENEVER YOU ARE SOLVING CAPACITY THERE, THEY COULD POTENTIALLY HELP THE CONGESTION AND THAT OTHERWISE ALSO TRUE. AND THEN WHENEVER ROCK ROCK RECOMMENDATION RESULT SHOWS IN CONTROL ROOM OPERATOR HAS ONLY 10 MINUTES EACH TRY TO, UM, TRY TO ATTRIBUTE A REASON BASED ON THEIR OPERATIONAL EXPERIENCE OR SOME FACTOR HE RULE. SO SOME OF THE BASIC REASON, UM, UH, LIKE MAY, MAY, UH, MAY NOT BE ONLY THE SINGLE, BECAUSE IF YOU TRY TO ATTRIBUTE A SINGLE REASON, MAY MAY NOT TRULY OR FULLY REFLECT WHAT'S HAPPENING IN THE ROCK ENGINE. UM, SO, UM, AND THEN FOR THE SEPTEMBER ROCK OCCUPATION I MENTIONED WE DID, WE ACTUALLY DID SOME DEEP DIVING. UH, AND A LOT OF THOSE CONGESTION ROCKS, THEY'RE LISTED AS TO UM, LIKE SOUTH TEXAS GTC HAVE, HAVE CAPACITY REASON BEHIND THAT. AND AS A, UM, UH, UH, WE SHARED SOME INFORMATION IN THE PREVIOUS CMWI BELIEVE IN THE, LIKE NOVEMBER CMW HAS LIKE MORE DETAILED INFORMATION THERE. SO MAYBE WE CAN FOLLOW, FOLLOW OFFLINE THERE. YEAH, THANKS . AND YOU KNOW, THE FULL CAPACITY, RIGHT? SO WE ALSO NEED TO DIFFERENTIATE IS THAT SYSTEM WIDE CAPACITY WHERE WE ARE TALKING ABOUT LOAD POCKET, RIGHT? SO WHEN, WHEN YOU LOOK AT THE LOAD POCKET, YOU KNOW, YOU CAN BASICALLY, THE CONGESTION AND THE CAPACITY ISSUE ARE BASICALLY THE SAME THING, RIGHT? UH, HOWEVER, IF IT'S SYSTEMWIDE WE CAN SAY, YOU KNOW, IT'S A RESOURCE ADEQUACY ISSUE. SO I, I THINK, YOU KNOW, MAYBE WE ALSO, YOU KNOW, IT'D BE NICE IF WE CAN ALSO DIFFERENTIATE WHAT KIND OF CAPACITY ISSUE IT IS IN GENERAL WHEN WE SAY CAPACITY IS A SYSTEMWIDE BECAUSE ROCK OPTIMIZATION, THE TRY TO TRY TO, UM, UH, TRY TO MEET THE TOTAL LOAD. SO, UH, I, I DON'T, I DON'T REMEMBER THOSE, UM, LOAD POCKET SPECIFICALLY, BUT, UH, WE CAN, WE CAN TAKE OFF THAT MAYBE. SURE. THANKS. YOU KNOW, I, I'M CURIOUS BECAUSE AGAIN, TALKING ABOUT THE FARM PENALTY FACTOR FOR SYSTEM CAPACITY SHORTAGE, AND I, I'D BE VERY INTERESTED IN FOLLOW UP ON THAT. THANK YOU. AND MY LAST QUESTION IS ON SLIDE, UM, 13. SO HERE, UH, KIND OF LIKE, UH, THE QUESTION , YOU KNOW, YOU LOOK AT THE, THE BOTTOM CHART AT THE Y ACCESS, UH, LEGEND IS A MILLION MEGAWATT HOUR AND WE ARE ALREADY TALKING ABOUT LIKE 20,000, YOU KNOW, THAT'S A NU SO I DID THIS PROBABLY MISLABEL AS WELL. YEAH, WE'LL DOUBLE CHECK THOSE NUMBERS. YEAH, YEAH, THANKS. AND ALSO I'M, COULD YOU EXPLAIN AGAIN, WHAT KIND OF SHORTFALL MEGA HOUR IS THIS? UM, THOSE ARE MORE LIKE TIED TO SPECIFIC QSC, LIKE WE TAKE THE ROCKS DURING THE ROCK EXECUTION SNAPSHOT AND SEE, UH, THE QSCS LIKE ANSWER YOUR SERVICE POSITION, UH, COMPARED TO THE COMP DATA AND SEE HOW MUCH SHORTAGE THEY, THEY HAVE. AND THEN THOSE, UM, I AND KNOW CALCULATE SOME LIKE RATIO BASED ON THOSE RATIO TO DISTRIBUTE THOSE, UH, THOSE, UH, CAPACITY SHORT CHARGES. UM, OKAY. SO IT'S A CAPACITY. UH, OKAY. SO I SEE. I GOT IT. UM, OKAY. THANK YOU. THAT'S ALL. THANKS. OKAY, THANKS. [03:20:01] MAYBE WE CAN FOLLOW UP ON THAT OFFLINE. GORD, DID YOU WANNA ADD SOMETHING? I, I DID JUST WANNA ADD, AND, AND, AND THANK YOU HUEY, FOR MANY OF THOSE, THOSE QUESTIONS. AS, AS DJANGO NOTED, WE'VE, WE'VE BEEN HAVING A FAIRLY ROBUST DISCUSSION OVER A NUMBER OF MONTHS AT, AT CMWG. AND SO, UM, I, I THINK A LOT OF THAT, THAT DISCUSSION IS, IS WELL FOCUSED, UH, IN THAT FORUM. BUT ALSO WANNA POINT OUT THAT BEFORE WE COMMIT TO TOO MUCH, UM, HISTORICAL ANALYSIS, LOOKING AT SPECIFIC MONTHS AND SPECIFIC DAYS PRE RTC THAT WE, UH, WE, UH, TAKE THIS AS AN OPPORTUNITY TO OBSERVE THE, THE BEHAVIOR POST RTC AND, AND IF, SEE IF SOME OF THAT, THAT TREND CONTINUES WITH THE SIGNIFICANT REDUCTION IN ROCK ACTIVITY. AND THAT MAY BE MORE INSTRUCTIVE FOR ANY DECISIONS THAT WE MIGHT MAKE MOVING FORWARD, UM, AS WE'RE, WE WOULD, IT WOULD BE DIFFICULT TO, TO BE COMPARING, UH, TO BE COMPARING KINDA APPLES AND ORANGES PRE RTC ROCK AND WITH RTC ROCK. SO THEY'VE JUST PUT THAT COMMENT IN. BUT HAPPY TO CONTINUE THE CONVERSATION AT CMWG. YEAH, THANKS GORDON, FOR YOUR CLARIFICATION. I DO AGREE THAT, UH, I AGREE, YOU KNOW, WE SHOULD FOCUS MORE ON THE POST RTC ROCK ACTIVITIES AND YEAH, I AGREE. LET, YEAH, LET'S FOLLOW UP OFFLINE HOW WE CAN BEST USE OUR TIME AND ENERGY. THANK YOU. THANKS . OKAY. ALRIGHT. THANK YOU VERY MUCH. THANK YOU. YEAH, THANK YOU FOR THE REPORT. OKAY, UH, NOW WE HAVE, UH, RPG PROJECT AND I SEE BU COMING UP. SURE IT WORKS. UH, GOOD AFTERNOON, THIS, UH, . SO I'M HERE TO PRESENT THE STACK AMMONIUM PLANT LOAD, UH, REGIONAL CONNECTION PROJECT. UM, SO THIS PROJECT IS A RPG PROJECT SUBMITTED IN MAY OF 2000, UH, 2025 LAST YEAR. AND THIS IS A, THIS WAS ORIGINALLY CLASSIFIED AS A TIER TWO PROJECT, UH, WITH AN ESTIMATED COST OF $65.47 MILLION. AND, UH, PARTS OF IT WOULD REQUIRE A CCN. UH, THE PRIMARY PURPOSE OF THE PROJECT IS TO ADDRESS THE RELIABILITY ISSUES, UH, DUE TO THE PROPOSED EDITION OF LOAD IN THE VICTORIA COUNTY, SHOWN IN THE MAP HERE. UH, THIS IS A 300 MEGAWATTS LOAD. THE PROJECT NEED, UM, IT'S DRIVEN BY RELIABILITY ISSUES AS SHOWN ON THE TABLE. UH, THERE ARE A NUMBER OF VIOLATIONS IDENTIFIED, UM, PRIMARILY VOLTAGE VIOLATIONS AND THERMAL ISSUES UNDER THE G MINUS ONE AND MINUS ONE CONDITIONS. SO THE, THE THERMAL ISSUES, THERE IS VOLTAGE ISSUES IN THAT STUDY AREA. AND, UH, ROUGHLY AROUND 40 MILES OF 1 38 KV UH, OVERLOADS CAUSED BY THIS, UH, ADDITION OF THIS LOAD. UH, TO ADDRESS THIS ISSUE, ERCOT LOOKED AT SEVERAL OPTIONS, STARTED WITH EIGHT OPTIONS, AND THEN SHORTLISTED TO FOUR. UH, THE COMPARISON FOR THE FOUR OPTIONS ARE LISTED HERE. ERCOT RECOMMENDS OPTION ONE AS THE PREFERRED OPTION, UM, BASED ON THE ANALYSIS AS RECOMMENDED HERE. OPTION ONE, UH, THE CAPITAL COST OF OPTION ONE IS $117.38 MILLION, UH, WHICH IS HIGHER THAN THE INITIAL ESTIMATE. AND AGAIN, THIS OBVIOUSLY BECAUSE OF THE A HUNDRED MILLION THRESHOLD, THIS FALLS INTO A TIER ONE PROJECT, UH, COMPARED TO WHERE WE STARTED AS A TIER TWO PROJECT. OVERALL, THIS, UM, OPTION ONE IMPROVES THE LOAD SERVING CAPABILITY. IT HAS AN ADDITIONAL, IN TERMS OF PERFORMANCE, THIS PERFORMS WELL IN TERMS OF, YOU KNOW, MEETING ADDITIONAL LOAD IN ON TOP OF THE PROPOSED LOAD. AND IT'LL ALSO REQUIRE THE MINIMUM, UH, MILES IN TERMS OF CCN. OKAY, SO THE, THE COST ESTIMATE, UM, I'LL BRIEFLY TOUCH HERE. SO ORIGINALLY THE COST ESTIMATE WAS 65 MILLION, 60, AROUND $65 MILLION. UM, SO THERE WAS A COUPLE OF REASONS WHY THIS COST ESTIMATE CHANGED. UM, PRIMARILY, UM, THE, THE IDENTIFIED SOLUTION WHEN I WALKED THROUGH THIS WAS RECOMMENDED FOR A FOUR. THE, SOME OF THE UPGRADES WERE RECOMMENDED FOR 485 MBA RATING. UM, THE, WHEN THE FEEDBACK WE GOT FROM A EP, WHICH IS GONNA BE DOING SOME OF THE UP UPGRADES IS IN ORDER TO ACHIEVE THE 4 85 MEGAWATTS OR MVA RATING, THEY HAVE TO BUILD THIS TO A 717 MVA LINE, WHICH IS THEIR, UH, PREFERRED REBUILT. SO THAT ADDED SOME COST. AND THE OTHER PART IS OF COURSE, UM, SINCE THE PROJECT WAS SUBMITTED IN, I'M, I'M SORRY, PROBABLY THAT WAS MY QUESTION AND I I, I DIDN'T CATCH ALL OF THAT. SO IF YOU COULD DO THAT ONE MORE TIME, I I, I APPRECIATE IT. ABSOLUTELY BE. SO [03:25:01] THERE'S THE, THE COST CHANGE FROM 65 TO 170 IS 17 MILLION IS DRIVEN BY, UH, TWO FACTORS. ONE IS, UM, THE RECOMMENDATIONS FROM THE PROJECT AS, AS I WALK THROUGH THAT, YOU'LL SEE, UM, THERE'S A LINE RECOMMENDED FOR A 400 AND, UH, 85 MBA RATING. UM, BUT THE STANDARD THAT'S GONNA BE BUILT IS LIKE 717 MVA IN ORDER TO ACHIEVE THAT MINIMUM RATING. THAT'S, THAT'S DRIVING THE COST. THE SECOND IS OBVIOUSLY, UM, SINCE OCTOBER LAST YEAR, THERE ARE TARIFF IMPACTS ON STEEL AND ALUMINUM. SO THAT HAS ALSO INCREASED THE COST FOR, FOR SOME OF THE REBUILDS AND UPGRADES THAT'S GONNA BE, UH, PUT IN PLACE. AND AARON, IF IF THERE'S A PERSPECTIVE FROM A EP ON ON ON THAT, THAT PART OF THE CHANGE, I'D LOVE TO HEAR IT AS WELL. THANKS, BETH. I ACTUALLY GOT DOUG EVANS FROM PLANNING ON THE CALL FOR US TO, TO KIND OF HELP, UM, TALK MORE PROJECT SPECIFICS FOR YOU. AND I DON'T NEED TO, WELL, I DO ALL THE TIME. I DON'T NEED, I DON'T MEAN TO HIJACK THE CONVERSATION IF WE WANNA DEAL WITH THIS OR LET HIM GET THROUGH AND GO AROUND. I'LL, I'LL DEFER TO YOU, CAITLYN. OKAY. I, I'LL DEFER TO BU DO YOU WANNA KEEP GOING OR DO YOU WANNA STOP FOR YEAH, I'LL, I'LL GO AHEAD FINISH IT AND IF SOMEBODY WANTS TO RESPOND ON THAT, THEY CAN, DOES THAT WORK? OKAY. OKAY, THANK YOU. SO, UH, I'M NOT GONNA WALK THROUGH THIS. THIS IS THE REQUIREMENTS FOR THE TIER ONE PROJECT. AS I SAID, A HUNDRED MILLION DOLLARS. UH, THIS WOULD REQUIRE THE ENDORSEMENT FROM ERCOT BOARD. AND, UH, AGAIN, UH, ANY ANY COMMENTS FROM TAC WILL BE, YOU KNOW, PRESENTED TO THE BOARD WHEN WE TAKE THIS FOR BOARD, UH, APPROVAL. SO AS PART OF THE REQUIREMENTS, THESE ARE ALL STANDARD, UH, WE DO NOT NEED TO REQUIRE TO PERFORM, UH, SYNCHRONOUS RESONANCE ASSESSMENT. UH, OPTION ONE DID NOT HAVE ANY ADVERSE IMPACT IN TERMS OF SSR. UM, SIMILARLY, UH, THE REQUIREMENTS IN THE PROTOCOL, WE HAVE TO DO A CONGESTION ANALYSIS AND A SENSITIVITY ANALYSIS LOOKING AT GENERATION AND LOAD EMISSION. SO BOTH OF THEM DID NOT IDENTIFY ANY ISSUES RELATED TO THIS PROJECT. SO BASED ON THE RECOMMENDATION, AGAIN, UH, ERCOT WILL RECOMMEND TO THE BOARD TO ENDORSES OPTION ONE TO ADDRESS THE RELIABILITY ISSUES IN THE VICTORIA COUNTY, DRIVEN BY THIS ADDITION OF THIS, UH, LOAD, UM, EXPECTED IN SERVICE JUNE OF 2028, ESTIMATED CAPITAL COST IS 117.38 MILLION. AGAIN, THERE IS PARTS OF THIS PROJECT WHICH WOULD REQUIRE CCN UM, THERE IS A NEW SECTION ROUGHLY AROUND, UH, THREE MILES OF NEW LINE THAT CONNECTS THIS LOAD READILY, CONNECTS THE LOAD, AND THERE ARE PARTS OF THE PROJECT, I'LL JUST, UH, JUMP TO THIS SLIDE HERE, NOT SKIP THIS ONE HERE. SO, UM, IF YOU LOOK AT THE MAP HERE, THERE IS THIS DOTTED LINE HERE SHOWS THIS, UM, NEW LINE, WHICH IS NEEDED TO SERVE, CONNECT THE LOAD. THAT'S A ONE 30 KB LINE. THAT PORTION REQUIRES CCN AND THE ISSUES I TALKED ABOUT, THE THERMAL OVERLOADS. IT DROPS FROM THE TSIN TO ALL THE WAY GOING UP TO VICTORIA STATION. THIS 1 38 KB LINE IS, IS, IS OVERLOADED WITH THE ADDITION OF THE LOAD. SO PARTS OF THE UPGRADE IS TO, YOU KNOW, REBUILD THIS 1 38 KV LINE ALL THE WAY FROM TON GOING UP TO VICTORIA. AND THERE IS ALSO ANOTHER LINE FROM MOOSA TO JOCELYN HERE THAT'S ALSO OVERLOADED, THAT'S ALSO A RECOMMENDED REBUILT. ALL OF THEM, OR MOST OF THEM ARE 1 38 KV REBUILTS AND PORTION OF THE REBUILT FROM DUP POINT TO VICTORIA. THIS IS AN EXISTING DOUBLE CIRCUIT LINE, UH, TODAY. SO THE RECOMMENDATION IS TO REBUILD AS LIKE TWO SINGLE CIRCUIT LINES, UH, JUST TO AVOID THE P SEVEN CONCERN BECAUSE LOSS OF THE LINE. SO THAT PORTION ALSO REQUIRES CCN. SO THE CCN PORTION IS FROM VICTORIA TO, UH, DUP POINT AND THEN CONNECTING THIS NEW LOAD. SO THAT'S, I THINK THAT'S MY LAST SLIDE. SO I'LL, I'LL PAUSE HERE TO SEE IF THERE ARE ANY QUESTIONS. OKAY. DO YOU WANNA GO BACK TO AP? I'D LIKE TO, YEAH. OKAY, I'M GONNA MUTE. THIS IS DOUG EVANS FROM AP. CAN YOU HEAR ME? YES. YES. OKAY. UH, YEAH, SO, SO STACK IS, UM, EVERYONE'S PROBABLY AWARE THEY'VE SUBMITTED FOUR RPGS THIS YEAR. THIS IS, I THINK THE FIRST ONE. UM, AND DUE TO THE, YOU KNOW, THE VOLUMES OF WORK ALL HIS TSPS HAVE WITH ALL THESE LARGE LOADS, YOU KNOW, WE, SOME THINGS ARE KIND OF RUSHED, RIGHT? SO WHEN STACK, WE, WE HAD A MEETING ON THIS WITH, UH, ROBERT BOLAND AND STACK AND US, UM, LAST WEEK TO KIND OF DISCUSS, CONFIRM WHAT PEOPLE PUT IN THEIR ASSUMPTIONS, UH, AND STACK WHEN THEY MADE THIS, THIS, YOU KNOW, COST ESTIMATE. THEY LOOKED AT A FORMER BOSS THEY'D SEEN FROM A EP PROJECTS IN THIS GENERAL AREA, YOU KNOW, AND, AND, AND MOST OF THOSE WERE 2000 AMP AND SINGLE CIRCUIT. [03:30:01] 'CAUSE A FEW YEARS AGO THAT WAS, THAT WAS KIND OF THE STANDARD WE WERE HEADED WITH AND THAT WAS MEETING THE NEEDS OF THE SYSTEM. UM, SINCE THAT TIMEFRAME, UH, WE HAVE OTHER LOADS, SOME HAVE SIGNED IN THIS AREA BESIDES STEX LOAD AND THAT WE HAVE NUMEROUS REQUESTS IN THIS AREA FOR SIGNIFICANTLY LARGE LOADS. AND SO WE HAVE HAD TO INCREASE OUR STANDARDS FROM 2000 AMPS TO 3000 AMPS. AND ANYTHING EXCLUDING THAT ONE SECTION BETWEEN VICTORIA AND DUPONT SWITCH, WHICH IS GONNA HAVE TO GO FROM DOUBLE CIRCUIT TO TWO CIRCUITS, WHICH IS OF COURSE GONNA REQUIRE A NEW RIGHT OF WAY IN A CN UNLESS WE GET HAPPY LANDOWNERS, WHICH IS UNLIKELY. UM, YOU KNOW, WE, THE REST OF IT'S GONNA BE GO, IT'S NOT GONNA BE SINGLE CIRCUIT STRUCTURES, WHICH IS WHAT STACK ESTIMATED, AND IT'S GONNA BE 3000 AMPS. SO YOU, YOU TACK ON ROUGHLY 15% TO STACK'S ESTIMATE FOR THAT. THE DIFFERENCE BETWEEN THE TOWERS AND THE WIRE. UH, AS EVERYONE KNOWS THIS IS CLOSE TO THE COAST, THE WINDS ARE PRETTY HIGH. UM, AND IT'S ALSO IN CLAY GUMBO. AND SO, YOU KNOW, THERE'S SOME ASSUMPTIONS THERE THAT IT'S GONNA NEED SOME PRETTY IMPRESSIVE FOUNDATIONS COMPARED TO SOME PARTS OF THE SYSTEM. UM, AND THEN THE BIGGEST CHANGE THOUGH WAS WHEN STACK ESTIMATED THIS, THE TARIFFS WERE UNKNOWN AND, UH, UH, I THINK PAUL, INDUSTRY MANAGER OF STACK, WHEN OUR MEETING LAST WEEK, HE SAID THAT HE HAD HAD A SIMILAR PROBLEM WHERE HE'D ESTIMATED SOMETHING BEFORE KNOWING ABOUT THE TARIFFS AND THE TARIFFS WENT FROM 15% TO 50% ON SOME CERTAIN ITEMS OF, OF STEEL ALUMINUM. AND YOU KNOW, WHEN YOU TACK ON 35% OF THAT 15%, YOU'RE ALREADY A LITTLE OVER A MILLION BUCKS. UM, AND THEN BECAUSE WE HAVE SO MANY UNKNOWNS IN THIS AREA, UM, WITH LANDOWNERS AND OTHER LARGE LOWS, UH, A EP TYPICALLY LIKES TO ESTIMATE ON THE HIGHER SIDE. SO WE TACK ON A LITTLE BIT FOR RISK. THAT PUTS YOU UP AROUND 114 MILLION. AND THEN THE COST OF THE CCNS AND RIGHT AWAYS WE'RE NOT, UH, ESTIMATED IN STACK ESTIMATION EITHER. AND SO WE, WE DEC ON TO THREE AND A HALF MILLION FOR THAT. AND THAT, THAT'S HOW YOU GET TO THE ONE 17.4 ROUGHLY. DOES THAT, DOES THAT HELP ANSWER THE QUESTION OF HOW THE WILL WE GOT WENT FROM ONE TO THE OTHER? THAT, THAT, THAT WAS SUPER HELPFUL, DOUG. IT'S ALWAYS GOOD TO HEAR FROM YOU. UH, IT'S BEEN A LONG TIME AND UH, I APPRECIATE YOU WALKING THROUGH ALL OF THOSE, UH, WALKING THROUGH ALL OF THOSE STEPS. SURE, YEAH, ABSOLUTELY. YEAH, WE'LL, I GUESS I CAN SAY, YOU KNOW, WE'LL, WE'LL TRY TO DO BETTER IN THE FUTURE ABOUT COMMUNICATING ON ESTIMATES BEFOREHAND, BUT THESE, THESE TARIFFS ARE JUST REALLY, REALLY HARD TO KNOW. HARD TO PROJECT. THANK YOU. OKAY. ANY OTHER QUESTIONS OR COMMENTS? YEAH. OKAY. SO WE'D BE LOOKING TO ENDORSE THE UM, 25 RRP G OH 12 STACK AMMONIA PLANT LOAD PROJECT, OPTION ONE. CAN WE PUT THIS ON THE COMBO BALLOT? OKAY. ALRIGHT, THANK YOU. THANK YOU PABU. UM, WE ARE MOVING NOW, WE'RE GONNA GO OUT OF ORDER. WE'RE GONNA GO TO REBECCA WITH THE BOARD STAKEHOLDER ENGAGEMENT UPDATE. NO. OKAY, THANK YOU. UM, I HAVE A SHORT UPDATE. WE DID NOT DO A SURVEY ON THE PRE-BOARD STAKEHOLDER ENGAGEMENT SESSIONS THIS YEAR. THE FEEDBACK AT THE BOARD WAS, WE WERE STILL GOING TO DO THEM, BUT WE'RE GONNA REACH OUT TO TARGETED COMPANIES THROUGH THE WHOLE MEMBERSHIP TO LOOK AT POLICY ISSUES THAT ARE IN FRONT OF THE BOARD, KIND OF CONTINUING THE BIG POLICY PRESENTATIONS WE DID LAST YEAR. THE FIRST FULL BOARD SESSION WILL BE IN JUNE, AND WE'LL BE WORKING WITH TAC LEADERSHIP AGAIN TO IDENTIFY A TOPIC AND COMPANIES FOR THAT, FOR THE SEGMENTS. SO WE'LL BE BACK IN PROBABLY APRIL TO GIVE AN UPDATE ON THAT. BUT IF YOU DO RECEIVE AN EMAIL FROM KRISTEN ABBOTT, UM, SERVING FOR INTEREST, I THINK THE FEBRUARY BOARD SLOTS ARE FULL, BUT WE'LL BE LOOKING AT THE OTHER FOUR, UM, BOARD MEETINGS THROUGHOUT THIS YEAR FOR COMPANY PARTICIPATION ON TUESDAYS BEFORE THE BOARD FOR THE STAKEHOLDER ENGAGEMENT SESSIONS. OKAY. ANY QUESTIONS FOR REBECCA? OKAY, THANK YOU. ALL RIGHT. I THINK WE CAN GO BACK. WE'RE STILL UNDER OTHER BUSINESS NOW, BUT WE CAN [18. Other Business ] GO TO THE DASHBOARD REQUEST FORM. OKAY. UH, GOOD AFTERNOON EVERYONE. THIS IS, UH, PRIYANKA. CAN YOU ALL HEAR ME OKAY? [03:35:03] YES. EXCELLENT. THANK YOU. UM, I HOPE YOU ALL CAN SEE MY SCREEN AS WELL. UM, I'M SHARING THE GRID AND MARKET CONDITIONS PAGE ON KER.COM. UM, I'M VERY HAPPY TO ANNOUNCE THAT WE NOW HAVE THE PUBLIC DASHBOARD UPDATES PAGE LIVE ON ER.COM. UM, AND YOU CAN GET TO THAT PAGE FROM OUR, UM, UH, DASHBOARDS PAGE. UH, BY CLICKING ON THIS LINK, YOU WILL LAND IN THE REQUEST FOR PUBLIC DASHBOARD UPDATES PAGE, WHERE YOU CAN, UM, LOOK AT EXISTING DASHBOARD ENHANCEMENTS, REQUESTS THAT HAVE COME TO US SO FAR. AND, UM, YOU CAN ALSO REGISTER TO, UM, SUBMIT A REQUEST FOR AN UPDATE ON ANY OF THE PUBLIC DASHBOARDS THAT WE HAVE ON OUR COM, OR EVEN A REQUEST FOR A NEW DASHBOARD TO BE CREATED. UM, IF YOU CAN, IF YOU ALSO WANNA VOTE ON ANY OF THESE EXISTING REQUESTS, YOU CAN DO THE SAME BY REGISTERING AND SUBMITTING A TICKET SAYING, HEY, I REALLY THINK THIS WOULD BE BENEFICIAL TO A LOT OF AUDIENCE, SO YOU CAN VOTE FOR ANY OF THESE REQUESTS TO BE, UM, REVIEWED. UM, AND THAT WILL ALSO APPEAR ON ICA.COM TO SEE WHO, UH, HOW MANY VOTES THESE REQUESTS HAVE. UM, BY SUBSCRIBING TO THIS, UH, DISTRIBUTION LIST, YOU WILL BE UPDATED, UH, WHENEVER THIS PAGE IS UPDATED. SO IF YOU WANNA BE ON TOP OF, UM, THE REQUEST COMING IN OR ANY KIND OF STATUS CHANGE, UM, I WOULD, UM, RECOMMEND THAT YOU, UM, SUBSCRIBE TO THE DISTRIBUTION LIST ASSOCIATED WITH THIS PAGE SO THAT YOU ARE, UH, AWARE OF ALL THE CHANGES HAPPENING ON THIS PAGE. UM, AT THE MOMENT, WE ARE IN THE PROCESS OF COLLECTING, UH, REQUESTS AND, UM, WE WILL BE, UM, FORMING A GROUP INTERNALLY TO GO OVER THESE REQUESTS AND, UH, CONSIDER THEM, UH, UNDERSTAND, ASK, AND ALSO SEE HOW WE CAN PLACE THEM WITH OUR, UM, EXISTING ROADMAP, UM, TO SEE WHERE THEY FIT. AND, UM, WE WILL BE ABLE TO, UM, DECIDE ON WHEN IT WOULD BE APPROPRIATE FOR ERCOT TO START WORKING ON THEM. UM, AND JUST VERY EXCITED TO LET YOU ALL KNOW THAT THIS IS THERE ON THE WEBSITE FOR YOU ALL. UH, IF YOU HAVE, UM, ANY REQUESTS THAT YOU'VE HAD IN YOUR MIND FOR A LONG TIME NOW, WOULD BE A PERFECT TIME TO LOG IN AND SUBMIT, UM, YOUR REQUEST SO WE ARE AWARE OF WHAT IS THE MAJOR ASK AMONG THE MARKET PARTICIPANTS AND MAKE SURE THAT OUR ROADMAP ALIGNS WITH, UM, YOUR REQUESTS AS WELL. ANY QUESTIONS? ANY QUESTIONS? OKAY. I DON'T SEE ANY. THANK YOU SO MUCH. ALL RIGHT, ANN, ANN AND MARTHA, PROBABLY, UM, LET'S GO TO THE TAX STRATEGIC OBJECTIVES. ALRIGHT. UM, JUST IF YOU RECALL, WE SWITCHED FROM GOALS, TECH GOALS TO STRATEGIC OBJECTIVES LAST YEAR TO MAKE, UM, THE T TARGETS MORE GENERAL AND EVERGREEN SO WE DON'T HAVE TO APPROVE THEM EVERY YEAR, BUT I JUST WANTED TO POINT OUT THAT THEY ARE OUT THERE IF YOU WANNA REVIEW 'EM OR IF YOU HAVE ANY CHANGES, UM, YOU CAN BRING UP CHANGES AT ANY TIME. UM, IT PROBABLY WOULD BE A GOOD IDEA TO REVIEW THEM PERIODICALLY. OKAY. QUESTIONS ON THAT? ANYBODY WANT TO DISCUSS? OKAY, I'LL TAKE THE NEXT ITEM TOO. UM, SO WE WERE KIND OF FEELING LEFT OUT OF THE WORKSHOP THING, . SO WE'RE GONNA BE HOLDING A STAKEHOLDER PROCESS WORKSHOP. UM, WE DO GET A LOT OF QUESTIONS ABOUT THE PROCESS, ESPECIALLY WITH AN INCREASE OF NEW ERCOT MEMBERS AND PARTICIPANTS AT MEETINGS. UM, SO WE WILL BE TARGETING EARLY TO MID-FEBRUARY TO, UM, GIVE A REFRESHER ON THE STAKEHOLDER PROCESS. WE'LL BE TALKING ABOUT THE PROCESS, MEETING DECORUM, MAKING MOTIONS, ER, GOD'S ROBERTS RULES. UM, WE DID REACH OUT TO SOME SUBCOMMITTEE WORKING GROUP TASK FORCE LEADERSHIP LAST YEAR TO ASK THEM WHAT THEY WANTED TO SEE. SO WE'LL BE KIND OF INCORPORATING THAT, UH, FEEDBACK AS WELL. SO IF YOU HAVE ANY ITEMS THAT YOU WANT US TO TALK ABOUT, UM, PLEASE LET US KNOW. IT'S GONNA BE EXCITING. OKAY. WE CAN GO TO THE ACTION ITEMS. THANK YOU. UM, JUST TO MAKE THIS QUICK, I, WE HAVE ONE ON THE LIST. IT'S ITEM NUMBER TWO THAT ASKS ABOUT REVIEWING IMPACTS OF EPA REGULATIONS. I THINK WE HAD A PASSING DISCUSSION OF THIS SOMETIME [03:40:01] LAST YEAR, BUT I'D JUST LIKE TO ASK WHETHER ROSS AND WMS LEADERSHIP COULD COME BACK NEXT MONTH WITH A REPORT ON WHETHER THIS WORK HAS BEEN CONCLUDED OR NOT. HI, MARTHA. THIS IS BLAKE. HAPPY TO DO THAT. SHANE. SHANE, CAN YOU CARRY THE TORCH FOR ROSS EPA REGULATIONS? WHAT ARE THOSE? I DON'T THINK WE, I DIDN'T THINK WE HAD THOSE ANYMORE. GOT A HOT MIC. IF YOU GUYS CAN COME BACK AND SAY THAT , UH, YEAH, WE, WE WILL, UH, WHERE THIS IS PART OF LIKE A, WE'RE LIKE TRYING TO REVIEW ALL OF OUR UHT ACTION ITEMS AND THINGS LIKE THAT. SO WE'RE GONNA SEE WHERE WE'RE AT ON THIS AND WHAT'S ACTUALLY ACTIONABLE AND YEAH. AND IT'S PERFECTLY FINE TO COME BACK AND SAY, WE'VE CONCLUDED THE DISCUSSIONS ON THESE FOR THE FORESEEABLE FUTURE, AND THIS CAN BE ELIMINATED. SO, BUT IT WOULD BE HELPFUL TO HAVE THAT FEEDBACK NEXT MONTH. THANK YOU. OKAY, WE'LL WORK ON THAT. OKAY. BETH, YOU'RE NOT A GOOD INFLUENCE. I HAD TO LIKE SHUT DOWN A BUNCH OF INNER MONOLOGUE BEFORE I GOT BACK ON THE MIC. UM, . OKAY, LET, UM, LET'S GO [19. Combo Ballot (Vote) ] TO THE COMBO BALLOT. WE HAVE THE ITEMS ON THE SCREEN. UM, WE NEED A MOTION IN A SECOND. THE ONE, THE ONE ON THE RDPA. WHAT? YEAH, WE, YOU WERE STILL AT LUNCH. OKAY. THAT HAPPENED. GOOD. WE, WE, SORRY, MARK. UM, OKAY. BILL, ARE YOU MOTIONING? I'D LIKE TO MAKE A MOTION TO APPROVE THE COMMON BALLOT. OKAY. CAN WE GET A SECOND? JEREMY? JEREMY, DON'T SOUND SO SURPRISED. WE'RE JUST GLAD TO HAVE YOU HERE. OKAY, COREY, I'LL H HAND IT OVER TO YOU. ALL RIGHTY. ON OUR FIRST COMBO BALLOT OF 2026, WE WILL START UP WITH THE CONSUMER SEGMENT WITH BETH. YES. AND THEN BETH FOR NAVA. YES. THANK YOU GARRETT. YES SIR. THANK YOU. MIKE REED. YOU WITH US? MIKE, I CAN TAKE IN CHAD IF HERE, SEE, HE'S STILL WITH US. I'LL LOOK BACK TO YOU. HOW ABOUT MARK DREYFUS? YES. THANK YOU, NICK. YES, THANK YOU. THANK YOU. MOVING ON TO OUR CO-OPS, BLAKE? YES. THANK YOU, KYLE. YES, THANK YOU. THANK YOU MIKE WISE. YES, THANKS SIR. UH, LUCAS, FOR JOHN? YES. THANK YOU. ONTO OUR INDEPENDENT GENERATORS. NED? YES. THANK YOU, COREY. THANK YOU BRIAN. YES, THANK YOU. BOB HILTON. YES, SIR. THANKS SIR. CAITLIN? YES. WAS I ALWAYS AT THE END OF THIS SEGMENT? I DON'T FEEL LIKE I USED TO BE THE LAST ONE IN THE SEGMENT TO VOTE IT. IT'S A YES, COREY. I THINK I, I THINK SUZY HAS HISTORICALLY TRIED TO SHUFFLE IT AROUND SO NO ONE FELT, YOU KNOW, SINGLED OUT. BUT I FEEL TARGETED. SUZY . WE'LL MOVE ON TO THE IPMS MILLENNIAL SNOWFLAKES. SETH? YES. THANK YOU. THANK YOU, SETH. OH, LOST SETH. HOW ABOUT SHANE FOR REMI? YES SIR. THANK YOU. THANK YOU IAN. YES, AND THANK YOU FOR POINT ME LAST TO CLEAN UP. THANK YOU. THAT IS TRUE. BATING. CLEAN UP. WE PUT OUR ALL STARS. STARS. WELL, I GUESS THAT'S A GOOD POINT. IAN'S SMARTER AS USUAL. YOU CAN KEEP ME LAST ONTO OUR I REPS. BILL. YES. THANK YOU. JAY? YES. THANK YOU. THANK YOU CHRIS. GOT YOU IN CHAT. CHRIS. THANK YOU, JENNIFER. YES. THANK YOU. ONTO OUR IOUS. MARTHA? YES. THANK YOU, KEITH. YES, THANK YOU. EBY. YES. THANK YOU, ERIN. YES, THANK YOU. THANK YOU. ONTO OUR MUNIS, DIANA FOR DAVID. YES. THANK YOU, ALICIA. YES. THANK YOU JOSE. YES. THANK CURTIS. YES, THANK YOU. AND THEN LAST CALL FOR MY READ UP WITH THE CONSUMERS AND THEN WE ALSO LOST SETH. OKAY. MOTION CARRIES UNANIMOUSLY. THANK Y'ALL. [03:45:09] . LET LET BLAKE ADJOURN. NO, UM, WE, WE CAN ADJOURN. LOOK, PEOPLE WERE CHATTING. I MOVED ON. * This transcript was created by voice-to-text technology. The transcript has not been edited for errors or omissions, it is for reference only and is not the official minutes of the meeting.