* 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. [00:00:03] ALL RIGHT. GOOD MORNING. WE'RE GONNA GO AHEAD AND GET STARTED. IF WE CAN GET FOLKS IN THE ATTACK MEETING ROOM TO GO AHEAD AND TAKE YOUR SEATS, PLEASE. I WILL GO THROUGH THE REMINDERS VERY QUICKLY TODAY. IF YOU ARE HERE IN THE MEETING ROOM AND WANT TO USE, UH, THE QUEUE TO MAKE A MOTION OR COMMENT, YOU CAN RAISE YOUR CARD PHYSICALLY IN THE ROOM, AND ELIZABETH IS OVER HERE IN THE RIGHT HAND CORNER. SHE WILL ENTER YOU IN THE CHAT, OR YOU CAN ENTER YOURSELF IN THE CHAT. ALSO, OF COURSE, IF YOU'RE ON THE WEBEX, PLEASE ENTER YOURSELF AND WAIT FOR THE CHAIR TO RECOGNIZE YOU BEFORE YOU BEGIN SPEAKING. UM, ALSO, IF YOU'RE HERE TODAY IN PERSON, PLEASE MAKE SURE YOU USE A SIGN IN SHEET OUTSIDE THE MEETING ROOM. UM, IF THE WEBEX ENDS FOR ANY REASON, GIVE US A FEW MINUTES AND WE WILL RESTART THE WEBEX AND YOU CAN REJOIN WITH THE SAME MEETING DETAILS, OR WE WILL SEND SOMETHING TO THE LISTSERV. UM, ALSO, I NEEDED TO MENTION WHEN YOU GET TO THE BALLOTING PROCESS, FOR THOSE OF YOU ON THE WEBEX, IF YOU WILL. SO KINDLY UNMUTE YOURSELF BEFORE WE BEGIN YOUR SEGMENT, AND THEN IMMEDIATELY RETURN TO THE MUTE FUNCTION THAT WILL HELP US BE A LITTLE MORE EFFICIENT IN THAT VALIDATING PROCESS. AND WITH THAT, UM, WE DO HAVE A QUO AND ARE READY TO BEGIN WHEN YOU ARE KAITLYN. OKAY, THANKS, SUSIE. UM, GOOD MORNING. IT'S FEBRUARY 25TH. THIS IS OUR REGULAR, UH, FEBRUARY TECH MEETING. WE'RE IN PERSON. WE WILL TAKE A LUNCH BREAK AROUND 12, UM, WHEN THERE'S A GOOD STOPPING POINT FOR ALT REPS AND PROXIES TO TODAY. I HAVE THAT SOMEWHERE. UM, WE HAVE NEWLY SEATED, UH, RESIDENTIAL CONSUMER WILL, UH, RE ROAD ALT REPS TODAY IN THE CO-OP SEGMENT. JOHN PACKARD HAS LUCAS TURNER AS HIS ALT REP AND THE IPM SEGMENT. UH, JEREMY CARPENTER HAS AMANDA DELEON AS HIS, UH, ALT REP FOR PART OF THE TAC MEETING. I DON'T HAVE A TIME, BUT PART OF IT, UM, MUNICIPAL SEGMENT. ALICIA LOVING HAS, UM, FAYE. SHE IS HER ALT REP. AND FOR PROXIES IN THE INDEPENDENT GENERATOR SEGMENT, BOB HILTON HAS GIVEN HIS PROXY TO ME. AND IN THE IRE SEGMENT, CHRIS HENDRICKS HAS GIVEN HIS PROXY TO BILL BARNES. AARON, ARE WE STILL DOING THEMES OF THE MONTH FROM, UH, NO PRESSURE, NO PRESSURE. FROM RICHARD? WELL, I'M MAKING THIS UP. THIS IS NOT FROM RICHARD. WELL, YOU DON'T HAVE TO MAKE ONE UP. OH, WELL, NO, IT'S A GREAT ONE. YOU HAVE A GREAT ONE. OKAY. SHENANIGANS. SHENANIGANS. IT'S A MONTH OF S**T. IT'S A REALLY GOOD ONE. ARE WE, DO WE KNOW IF WE'RE GONNA GET, UH, RICHARD ONES EVERY MONTH? WOW, THAT'S HURTFUL. BUT I CAN ASK . WELL, I'M SORRY, BUT MINE WAS NOT GOOD. WELL, I HAD AN IDEA IF WE'RE NOT, BUT I DIDN'T WANNA HURT RICHARD'S FEELINGS. MY IDEA WAS WE LET, WE ROTATE SEGMENTS AND HAVE ANOTHER SEGMENT DO NEXT MONTH. THAT'S FINE. LET'S DO IT THAT WAY. OKAY, JENNIFER LOOKS EXCITED. SO NEXT MONTH IS, UH, I REP, I REP TURN FOR THEME, OR, UH, IAN'S COVERING HIS FACE. SO THERE, THEY'RE AFTER IRE. ALRIGHT. UM, SO THIS WEEK IS SHENANIGANS. I LOVE THAT. I DON'T KNOW WHERE GOFF IS, BUT I, HE KNOWS I'M A BIG FAN OF, OF SHENANIGANS AND BITS AND ALL OF THAT. SO WE'LL TRY TO KEEP IT UNDER CONTROL TODAY. NEXT MONTH THE I REPS ARE IN CHARGE, AND THEN THE NEXT MONTH IN APRIL, IAN'S IN CHARGE. OKAY. [1. Antitrust Admonition] UH, THE ANTITRUST ADMONITION IS ON THE SCREEN. TO AVOID RAISING CONCERNS ABOUT ANTITRUST LIABILITY. PARTICIPANTS IN ACTIVITIES SHOULD REFRAIN FROM PROPOSING ANY ACTION OR MEASURE THAT WOULD EXCEED T'S AUTHORITY UNDER FEDERAL OR STATE LAW. AND, UH, I THINK WITH THAT, WE CAN GET GOING. DO YOU, DO YOU HAVE A COMMENT ABOUT THE THEME? NO. WELL, YES. UH, ACTUALLY, I WAS JUST GONNA ADD ON TO THE ANTITRUST ADMONITION. NO SHENANIGANS. NO SHENA. . UM, YOU CAN TAKE THAT UP WITH CHAD. OKAY. . BUT, BUT I THINK THAT'S FINE FOR TODAY. OKAY. UM, BUT NOW WE [2. Approval of TAC Meeting Minutes (Vote)] ARE ONTO, UH, THE, THE NED SECTION. UM, FIRST, SIR, THE MEETING MINUTES. I DON'T BELIEVE WE'VE HAD ANY SUGGESTED EDITS OR CORRECTIONS. SUSIE, CORRECT. NED, YOU HAVEN'T FOUND ANY ISSUES? NO MINUTES SHENANIGANS. NOBODY ELSE? NO. NO SHENANIGANS IN LAST MONTH'S MEETING MINUTES, BECAUSE THAT WASN'T THE THEME LAST MONTH. UM, SO WE ARE LOOKING TO APPROVE THE JANUARY 21ST, UH, 2026 MEETING MINUTES AS PRESENTED. I [00:05:01] ASSUME WE CAN PUT THIS ON THE COMBO BALLOT. OKAY. UH, NOW WE [3. Meeting Updates] ARE ONTO OUR MEETING UPDATES. UH, WE PROVIDE AN UPDATE ON THE, THE BOARD IN PUC OPEN MEETINGS WHERE OUR CART REVISION REQUESTS HAVE BEEN CONSIDERED SINCE OUR LAST MEETINGS. UH, THE FEBRUARY BOARD APPROVED ALL REVISION REQUESTS RECOMMENDED BY TAX. THOSE WERE FROM OUR JANUARY TAC MEETING. AND ALL OF THOSE, I BELIEVE, WILL GO TO THE 3 26 PUC OPEN MEETING FOR CONSIDERATION. THE OTHER THING I WANTED TO RAISE WAS AT THE FEBRUARY 6TH OPEN MEETING AT THE, THE COMMISSION. YOU KNOW, THIS SEEMS LIKE OLD NEWS WITH HOW FAST THINGS ARE MOVING, BUT AT THE FEBRUARY 6TH OPEN MEETING COMMISSION LET ERCOT KNOW THEY WOULD NOT GRANT A GOOD CAUSE EXEMPTION FOR BATCH ZERO, AND THAT THEY SHOULD PURSUE BATCH ZERO THROUGH A REVISION REQUEST THROUGH THE STAKEHOLDER PROCESS. I THINK WE ALL KNOW THAT THAT IS HAPPENING AND, AND THAT WE ARE HOPING, OR WE WILL GET THE REVISION REQUEST TO THE JUNE BOARD. WE WILL HAVE A FURTHER MORE SUBSTANTIVE DISCUSSION ABOUT THIS UNDER THE PRIORITY BOARD ITEMS. BUT JUST WANTED TO PUT THAT UNDER MEETING UPDATES. DOES, UH, COMMISSION STAFF, IS THERE ANYTHING YOU'D LIKE TO ADD ABOUT, UH, PUC PROJECTS OR RULE MAKINGS AT THIS POINT IN THE AGENDA? YES. YES, I DO. UH, ONE THING IS, YOU MAY HAVE NOTICED PROJECT 3, 8 5, 3 3 OR CUT BUDGET. REALLY THAT WAS SO MUCH STUFF GOING ON. WE HAVE TO POSTPONE IT AGAIN TO MARCH 12TH, OPEN MEETING THE PERFORMANCE MEASURE. SO THAT'S HOPEFULLY WE'LL BE TAKEN CARE OF. THEN ANOTHER IS REALLY A FRIEND REMINDER, UH, IN THE RELIABILITY STANDARD PROJECT. 5, 8, 7, 7, 7. COMMENTS ON THE ASSUMPTIONS ARE DUE MONDAY, MARCH 2ND. AND WE REALLY NEED FEEDBACK FROM THE STAKEHOLDERS ON ALL THE QUESTIONS AND ANYTHING YOU, YOU THINK WE SHOULD KNOW ABOUT. THE THIRD ONE IS, THERE WAS A QUESTION AT I THINK RTC TASK FORCE MEETING. MY STAFF TOLD ME, UH, TAG 25 5 0 9 D, IT REQUIRES REVIEW OF SYSTEMWIDE OFFER CAPS EVERY FIVE YEARS. SO THIS PROJECT IS ON OUR WORK PLAN. IT'S JUST WITH SO MANY STUFF GOING ON, WE HAVE NOT BEEN ABLE TO FOCUS ON IT, BUT DEFINITELY WE WANNA OPEN IT MAYBE LATE MARCH SO THAT IT CAN ALIGN WITH THE, ANY MARKET DESIGN OPTION COMING OUT OF THE RELIABILITY STANDARD AS WELL AS EVALUATING THE CONE PICKER NECK MARGIN. SO THAT'S THE REVIEW FOR EVERY FIVE YEARS, UH, COMMISSION NEEDS TO DO. SO THAT'S ALL I WANTED TO ANSWER, UH, THAT QUESTION IN THE RTC TASK FORCE ABOUT THE UPPER CAPS. THAT'S ALL I HAVE. THANK YOU. OKAY, THANK YOU. UM, ANY QUESTIONS OR COMMENTS, SIR? ALL RIGHT. [4. Review of Revision Request Summary/ERCOT Market Impact Statement/Opinions] UH, NEXT IS OUR REVIEW OF REVISION REQUEST SUMMARIES OR CUT MARKET IMPACT STATEMENTS AND OPINIONS. ALL RIGHT, THIS IS ANN BORIN. UM, WE HAVE FIVE REVISION REQUESTS HERE FOR TAC CONSIDERATION, FOR REASONS FOR REVISION. ALL OF THEM FALL IN THAT GENERAL SYSTEM PROCESS AND IMPROVEMENT. UM, ALL OF THEM HAVE NO IMPACT EXCEPT FOR OBDR 55, WHICH IS LESS THAN 5K ERCOT, UM, IS IN FAVOR OF ALL THE REVISION REQUESTS. UM, NO, 2 81. WE ARE RATE WAITING ON NPR 1307, WHICH IS STILL PRS. AND THEN FOR THE IMM OPINIONS, THEY HAVE NO OPINION ON THE REVISION REQUESTS. AND OBDR 55 AND NORE 2 81 ARE STILL PENDING WITH IMM, UM, CREDIT REVIEW. NONE OF THE NPRS HAVE ANY CREDIT IMPLICATIONS. OKAY. ANY QUESTIONS OR COMMENTS ON THOSE? ALL RIGHT, LET'S [5. PRS Report (Vote)] MOVE TO THE PRS REPORT. DIANA, THIS IS A SHORT ONE, SO GO AHEAD AND, AND GIVE THE WHOLE THING. AND I THINK WE'LL TAKE THE VOTING ITEMS UP AFTER THAT. OKAY. GOOD MORNING TAG. DIANA COLEMAN WITH CPS ENERGY WITH THE FEBRUARY PRS REPORT. WE HAVE TWO ITEMS FOR YOUR CONSIDERATION. FIRST IS NPRR 1314. THAT COMES TO US FROM ERCO, WHICH RELOCATES THE TERMS AND ACRONYMS FROM THE PLANNING GUIDES TO THE PROTOCOLS. ON JANUARY 14TH, WE VOTED UNANIMOUSLY TO RECOMMEND APPROVAL AS SUBMITTED. ON FEBRUARY 11TH, WE VOTED UNANIMOUSLY TO ENDORSE AND FORWARD ATTACK THE JANUARY 14TH PRS REPORT AND THE DECEMBER 16TH IA, WHICH SHOWS NO COST BUDGETARY IMPACT, AND NO PROJECT REQUIRED. SECOND, WE HAVE A LEADERSHIP CHANGE. ANDY'S ROLE HAS RECENTLY SHIFTED, WHICH IMPACTED HIS AVAILABILITY TO CONTINUE SERVING AS PRS VICE CHAIR, AND AS A RESULT, THE GROUP VOTED TO APPOINT ERIC BLAKEY WITH PROGNOS AS THE NEW VICE CHAIR. [00:10:01] AND THAT'S ALL WE HAVE UNLESS THERE'S ANY QUESTIONS? ANY QUESTIONS? OKAY. SO WE ARE LOOKING TO RECOMMEND APPROVAL OF 1314 AS, UH, NPR 1314 AS RECOMMENDED BY PRS IN THE TWO 11 PRS REPORT. CAN WE COMBO BALLOT THIS? YES. AND THEN WE ARE ALSO LOOKING TO APPROVE THE PRS VICE CHAIR AS PRESENTED. UM, I THINK WE CAN COMBO BALL THIS MORE THUMBS UP. ALL RIGHT. IS ERIC HERE? CONGRATS. UM, AND WE SCHEDULED A BUNCH OF PS MEETINGS FOR YOU IN, IN APRIL AND MAY. SO, UH, GOOD, GOOD LUCK. ALL RIGHT, [6. Project Prioritization Update] NOW WE CAN MOVE ON TO PROJECT PRIORITIZATION WITH TROY. GOOD MORNING TAC MEMBERS. UH, I GUESS IN KEEPING WITH THE THEME, THE BANDAIDS ON MY HEAD ARE NOT DUE TO ANY SHENANIGANS, , IT'S REALLY 50 PLUS YEARS OF GOLF, TENNIS, BASEBALL AND STUFF LIKE THAT. SO ANYWAY. OKAY. I'M HERE TO GIVE THE, UH, AN UPDATE ON THE AGING REVISION REQUEST PRIORITIZATION PROJECTS. AS YOU RECALL, BACK IN AUGUST, WE HAD A GET TOGETHER TO TALK ABOUT THE ITEMS ON THE LIST THAT HAD BEEN OUT THERE QUITE A WHILE. UH, WE FLAGGED 10 OF THEM AS HIGH PRIORITY. MANY OF THE OTHERS WERE DEEMED, UH, MEDIUM PRIORITY OR NO ACTION, OR EVEN CANDIDATES FOR REMOVAL. I'LL TALK ABOUT ALL THAT IN A LITTLE BIT. BUT FOR STARTERS, THE 10 HIGH ITEMS ARE HERE ON THIS CHART. AS YOU CAN SEE, SIX OF THE 10 ARE ALREADY IN FLIGHT, MEANING THE PROJECT TO DELIVER THEM IS UNDERWAY IN SOME STAGE OR ANOTHER. MOST OF THEM ARE PLANNING, ALTHOUGH 1277, THE REVISIONS TO EAL IS, UH, SCHEDULED FOR GO LIVE ON THE 2ND OF MARCH. SO THAT ONE'S ALMOST DONE. ANOTHER 1, 11 90 EIGHT'S APPROVED TO START, UH, IN APRIL. SO THAT WILL BE UNDERWAY WHEN WE GET TO APRIL. AND THEN THE OTHER THREE HAVE KIND OF OTHER SCENARIOS. 10 91 IS PENDING AN RDPA ANALYSIS, RDPA ANALYSIS THAT WE BELIEVE, UH, WILL, WILL RE AT LEAST ALLOW US TO RECONSIDER A HANDFUL OF REVISION REQUESTS. UH, 1004 TBD. I'VE BEEN TRYING TO FIGURE OUT WHERE THAT FITS IN THE PLAN. IT, IT'S KIND OF LOOKING LIKE PERHAPS THE LATTER PART OF THIS YEAR, SO I'M STILL WORKING ON THAT ONE. AND THEN, UH, 1216, THE EMERGENCY PRICING PROGRAM, WE HAVE A WORKAROUND IN PLACE. SO WHILE THE, UH, MARKET PARTICIPANTS DEEMED IT HIGH, UM, WE AGREE, BUT WE ALSO BELIEVE WE HAVE A WORKAROUND THAT WILL WORK FOR US FOR NOW, SO WE CAN FOCUS ON SOME OF THE OTHER PRIORITIES OUT THERE. SO THAT'S WHERE WE ARE WITH THAT TOP 10. NOW, THERE ARE OTHER WINS. OH, QUESTION. YEAH, REAL QUICK, ON, UH, ON 12 38, 1 NEAR DEAR OUR ARTICLE, GOLDEN SPREAD. CAN YOU GIVE US A DATE THAT YOU THINK THAT THAT WOULD BE COMPLETED? I CANNOT YET, BUT I CAN SAY OUR INTENT IS TO DELIVER 1238 HERE IN 2026. IN FACT, WE ARE PLANNING FOR A SUMMER DELIVERY OF PART OF THAT, OF THE CHANGES AND THE REMAINDER TO COME LATER IN THE YEAR. I CAN'T TELL YOU YET, WELL, WHERE THE 1238 IS IN THAT SUMMER DELIVERY OR THE YEAR END DELIVERY. WE'RE STILL WORKING ON THE PLANNING, BUT WE DO THINK 2026. OKAY. OTHER ITEMS, UH, THAT ARE MEDIUM OR OTHERWISE ARE ALSO BEING WORKED BASED ON RESOURCES. YOU KNOW, IF SOMETHING, LIKE IN THE CRR REALM, IF THOSE THINGS CAN PROCEED, 'CAUSE THEY DON'T HAVE THE IMPACT ON THE MMS AND EMS RESOURCES THAT A LOT OF THE HIGH ONES HAVE. SO THINGS THAT ARE IN FLIGHT THERE, NORE 2 2 6 2 4 7. UH, THE 9 36 CRR ACCOUNT HOLDER LIMITS IS IN FLIGHT ALREADY. WE'VE GOT THE SCR EIGHT 18 PHASE TWO APPROVED TO START IN APRIL. AND THEN 1201, I'VE GOT SOME NOTES ON 1201 LATER HERE IN THE DECK. 1201 IS TARGETING A JULY START WITH THE GO LIVE IN LATE 2026, SO THAT THOSE ARE ALL MEDIUM FROM THE AUGUST MEETING AND HAVE SOME KIND OF A PLAN ALREADY UNDERWAY. AND THEN IN ADDITION TO THAT, THERE WERE OTHER THINGS THAT WERE EITHER IN FLIGHT AT THAT AUGUST TIMELINE, WHICH MEANS WE WEREN'T TALKING ABOUT THEM, OR THEY'VE BEEN APPROVED AFTER AUGUST AND ARE NOW IN THE MIX. THAT GROUP'S HERE AT THE BOTTOM, 1245, OF COURSE WAS ALREADY UNDERWAY. 1288 IS PAIRED WITH 9 36 FOR THE CRR PROJECT IN FLIGHT. 1303 WAS A RECENT APPROVAL. EIGHT 20 WAS IN FLIGHT BACK IN AUGUST, AND IT'S GOING LIVE MAY OR JUNE OF THIS YEAR. AND THEN 8 31 IS, WAS APPROVED AFTER [00:15:01] AUGUST, BUT WE'RE GONNA BUNDLE IT WITH THAT SCR EIGHT 18 PHASE TWO. SO A LOT OF THINGS GOING ON AND, BUT WE'VE HAD A BACKUP ONE, ONE HIGH FOCUS ON THE HIGH PRIORITIES TO MAKE SURE WE'RE WORKING THEM AS QUICKLY AS WE CAN. NOW, YOU MAY ASK, WELL, WHEN ARE WE GONNA TALK ABOUT THIS AGAIN? WELL, I'VE BEEN TALKING WITH DIANA AND OUR PLAN IS APRIL PRS. WE WILL HAVE THE 2026 VERSION OF THE PRIORITIZATION DISCUSSION. SO WE WILL TAKE A LOOK AT WHAT'S LEFT ON THE LIST, NOT STARTED, SEE IF THERE'S ANY RESHUFFLING THAT NEEDS TO BE DONE, AND THAT CAN HELP SET OUR PLANS FOR 2027. SO SPEAKING OF THAT, I'VE BEEN WORKING ON THIS VIEW OF CAN WE PAUSE FOR A COUPLE QUESTIONS? SURE. YEAH, OF COURSE. ONE'S FROM ME. AND FOR, FOR YOU AND DIANA, IS APRIL THE APPROPRIATE TIME TO DO THAT, OR WOULD YOU LIKE TO WAIT UNTIL AFTER THE PRIORITY REVISION REQUESTS THAT GO TO JUNE BOARD OR COMPLETED? TROY, I THINK SINCE OUR CONVERSATION THAT WE'VE HAD IN JANUARY AND FEBRUARY, THERE'S BEEN A LOT OF FLUCTUATION BETWEEN NOW AND THEN. MAYBE WE HOLD OFF ON THAT UNTIL AFTER THE JUNE BOARD SO WE CAN GET THOSE PRIORITIES, UM, COMPLETED FIRST AND THEN WE CAN REEVALUATE IN THE SUMMER IF THAT WORKS FOR YOUR TIMELINE. DOES THAT SOUND OKAY? KAYLYN? SO YEAH, MAYBE MOVE THAT TO JUNE PRS INSTEAD OF APRIL PRS THAT WILL WORK. THAT WAY WE CAN JUST FOCUS OUR RESOURCES WHERE THEY'RE NEEDED. I'LL DEFER TO, TO YOUR DECISION ON THAT. OKAY. BUT I THINK JUNE WOULD PROBABLY BE MORE APPROPRIATE. THAT WAY WE HAVE SOME BANDWIDTH AND WE CAN LOOK AT IT THEN. YEAH. OKAY. ALL RIGHT. THANK YOU, TROY. THAT'S FINE. THAT'S FINE. AND THEN WE HAD A QUESTION FROM NED. THANK YOU CAITLYN. AND THANKS TROY. UM, THIS ISN'T ON THE LIST. THIS IS, UH, SOMETHING THAT I THINK WAS ACTUALLY LOOKED AT LAST SUMMER, AND THE DECISION WAS TO WAIT UNTIL TO, TO REVISIT IT AFTER REAL TIME CO OPTIMIZATION GO LIVE. AND THAT WAS THE, UH, IMPLEMENTATION, I THINK IT WAS NPR 8 26. IT WAS THE MITIGATED OFFER CURVES FOR RMR RESOURCES. AND, UM, JUST RECENT EXPERIENCE OVER THE, THE LAST MONTH OR SO, UM, HAS, YOU KNOW, KIND OF BROUGHT THAT BACK INTO FOCUS. WE'LL PROBABLY DISCUSS THAT A LITTLE BIT MORE LATER. AND FRANKLY, WE PROBABLY NEED TO SEE SOME MORE INFORMATION, UH, TO REALLY FIGURE OUT WHAT THE RIGHT, UH, PATH FORWARD IS THERE. BUT I WANTED TO FLAG THAT AS SOMETHING THAT MIGHT BE WORTH PUTTING IN THE HOPPER TO, TO SLOT IN, UM, SOONER RATHER THAN LATER IF, IF, UH, WE CAN FIND ROOM FOR IT. OKAY. APPRECIATE THAT. THAT ONE AT THE TIME LAST YEAR WAS FLAGGED AS MEDIUM, BUT, UH, OF COURSE THINGS CHANGED. SO, YEAH. THANK YOU. IF I MAY JUMP IN ON THAT ONE. I, I THINK WE ARE GONNA RAISE THIS ONE AS PART OF A DISCUSSION LATER THIS, THIS MORNING. SO I, I DO ALSO THINK THAT IT'S LIKELY TO BUMP UP IN PRIORITY, UM, IN SOME OF THESE OTHER DISCUSSIONS. THANKS. OKAY. FANTASTIC. THANK YOU. BLAKE, ARE YOU OUT? OKAY. OKAY, GO AHEAD. OKAY. THANK YOU. SO I, I WAS, I THOUGHT IT WOULD BE HELPFUL TO TRACK HOW HAS THE AGING REVISION REQUEST PROJECT INVENTORY CHANGED OVER THE YEARS? AND, UH, I KIND FEEL LIKE THIS DISCUSSION STARTED IN AUGUST OF 2020. THAT'S WHERE, IN THAT PRS WE HAD A DISCUSSION ABOUT, YOU KNOW, THINGS THAT WERE PENDING ON THE LIST AND WHAT'S GOING ON WITH THEM, AND HOW DO WE GET CAUGHT BACK UP. AT THAT TIME, THERE WERE 47 ITEMS ON THE LIST. YOU CAN SEE 36, WERE NOT YET STARTED. THAT'S THE DARKER ORANGE, UH, 10 WERE IN FLIGHT. THAT'S THE BLUE. NOW, EVERY MONTH SINCE THEN, THIS SHOWS HOW THE, I NEVER TAKE ANYTHING OFF THE LIST, BY THE WAY, WHEN THE, WHEN THE COLUMN INCREASES, THAT'S AN INDICATION THAT THE COMMISSION HAS APPROVED ANOTHER BATCH OF REVISION REQUESTS. SO THAT'S HOW IT'S GROWN OVER TIME. AND AS YOU CAN SEE, THE, THE IN FLIGHTS, THE BLUE, IT KIND OF VARIES FROM AS HIGH AS IT LOOKS LIKE 31, 32, SOMEWHERE IN THE MIDDLE THERE, UH, THE, THE KNOT STARTED, WHICH IS REALLY WHERE MOST OF THE AGING CONCERN IS. IT PEAKED AT ABOUT 61 IN, WHEN IS THAT? UH, FEBRUARY, 2023. AND IT'S CURRENTLY SITTING AT 51. SO I GUESS ONE WAY TO LOOK AT THIS IS, WHILE WE STILL HAVE A PROBLEM THAT WE HAVE THESE AGING ITEMS, IT HAS NOT BEEN GROWING UNCONTROLLABLY OVER THE YEARS, WE'VE KIND OF BEEN ABLE TO KEEP A LID ON IT. AND I THINK PART OF IT IS SOME OF THE EFFORTS WE'VE DONE LIKE LAST AUGUST IN THAT DISCUSSION, IT HELPS US RAISE SOME OF THEM TO THE TOP AND GET THEM INTO THE QUEUE. SO YOU CAN ALSO SEE 91 HAVE BEEN, UH, DELIVERED IN ALL THIS TIME SINCE, UH, 2020. SO, AND A LOGICAL QUESTION THAT COMES OUT OF THIS THOUGH IS WHAT'S IN THE 51 THAT'S THERE AT THE, THE BOTTOM ORANGE, RIGHT? SO IF YOU TAKE A QUICK LOOK AT THAT ANALYSIS, SIX OF THOSE HAVE BEEN APPROVED IN THE LAST SIX MONTHS. SO ONE MIGHT SAY THEY'RE NOT REALLY EVEN AGING, THEY'RE FAIRLY NEW. 26 WERE DEEMED MEDIUM AT THAT LAST AUGUST MEETING. ALSO AT THAT AUGUST MEETING EIGHT WERE DEEMED NO ACTION AT THIS TIME. [00:20:01] FIVE ARE CANDIDATES FOR REMOVAL. FOUR ARE HIGH PRIORITY, WHICH ARE THESE FOUR AT THE BOTTOM OF THIS SLIDE. THOSE ARE THE HIGH WINDS THAT AREN'T YET IN FLIGHT. BUT WE HAVE PLANS AS YOU, AS WE DISCUSSED. AND THEN TWO ARE ALREADY APPROVED TO START. WE JUST HAVEN'T REACHED THAT DATE WHERE THEY'VE STARTED. SO THAT'S HOW THAT 51 BREAKS DOWN. YOU COULD KINDA LOOK AT IT AS IT'S, IT'S REALLY ABOUT 20 SOMETHING. BUT, SO ANYWAY, I THOUGHT THAT WOULD BE HELPFUL TO, FOR US TO UNDERSTAND THE, THE HISTORY OF HOW THIS HAS KIND OF EVOLVED OVER TIME IN MY APPENDIX. I HAVE A FEW ADDITIONAL SLIDES. THIS IS A WAY I'VE BEEN TRACKING THINGS AT PRS SO FOLKS KNOW WHAT'S IN FLIGHT. AND THIS MIGHT HELP SOME FOLKS TOO. SOME SELECT PROJECT UPDATES. UH, 1290 PHASE TWO, WE WERE ALL READY TO START. WE FOUND AN ISSUE WITH THE LANGUAGE ERCOT FILING AN NPRR TO ADDRESS IT. AND IT CAME OUT YESTERDAY. IT'S 1323. SO THAT'LL BE DISCUSSED AT AN UPCOMING PRS 1198. I THINK I MENTIONED THE APRIL START, 12 0 1, 12 38. AND THEN WE'VE JUST CHANGED THE LAST BULLET TO JUNE INSTEAD OF APRIL FOR THE NEXT PRIORITIZATION DISCUSSION. SO I CAN TAKE ANY QUESTIONS. MY PLAN IS TO COME BACK HERE EVERY TWO OR THREE MONTHS AS WE HAVE ENOUGH NEW INFORMATION TO REPORT. OKAY, THANK YOU. OKAY. OKAY, THANK YOU. UM, THE THING I WANTED TO RAISE HERE THAT I SORT OF ALREADY RAISED WAS, UM, THE, THE ISSUE OF ALL THE PRIORITY ITEMS THAT WE NEED TO JUNE. UM, AND WE'VE SCHEDULED A BUNCH OF EXTRA APRIL, PRS, APRIL AND MAY PRS IN TCC MEETINGS. SO I THINK, UM, I WAS HOPING TO REQUEST THAT REVISION REQUESTS, IT WOULD OTHERWISE GO TO APRIL OR MAY PRS AND TCC, BUT DON'T NEED TO GO TO THE JUNE BOARD IF WE CAN START HOLDING OFF ON SOME OF THOSE UNTIL AFTER JUNE. COREY'S FROWNING AT ME, BUT JUST, YOU KNOW, IF WE'RE GONNA HAVE AN EIGHT HOUR MEETING IN APRIL PRS TO TALK ABOUT BATCH LOAD AND DRS AND VOLTAGE RIDE THROUGH, DO THEY ALSO WANT TO TAKE UP FOUR OTHER OR SEVEN OTHER RANDOM NPR THAT MIGHT NOT NEED TO GET TO JUNE BOARD? NO, BRIAN SAMS AGREES WITH ME. COREY . SO, UM, I, I THINK, YOU KNOW, I'M, I'M HOPING THAT'S OKAY WITH PEOPLE, BUT I CAN WORK WITH STAKEHOLDERS AND, AND ERCOT ON THAT. OKAY. ARE WE OKAY, COREY AND KEITH IS GONNA ADD ONE MORE. HE REMINDED ME. ALL RIGHT, SO THAT'S MY REQUEST IS THAT, YOU KNOW, THINGS THAT WOULD GO TAKE TIME AT APRIL PRS OR, OR TAC OR MARCH PRS OR TAC. UM, BUT DON'T NEED TO GO TO THE JUNE BOARD IF WE CAN WAIT ON THOSE. [7. OBDRR055, Revisions to Non-Spinning Reserve Deployment and Recall Procedure for RTC+B (Vote)] ALL RIGHT, NEXT WE ARE ON TO O-B-D-R-R 55. UM, I BELIEVE TIKA IS GOING TO SPEAK TO US ON THIS. SO LUIS IS GONNA SPEAK TO YOU. SO GOOD MORNING EVERYONE. LUIS HAS A INTRODUCTORY SLIDE TO TELL YOU MORE ABOUT THIS OBD. GREAT, THANK YOU. MORNING EVERYBODY. LUIS OSA HERE. UH, SO YES, I WANTED TO GIVE A QUICK TWO SLIDE UPDATE ON O-B-D-R-R 0 5 5. IT RELATES TO THE REVISIONS TO NONS SPIN RESERVE DEPLOYMENT AND RECALL PROCEDURE FOR RTCB. UM, SO A COUPLE THINGS HERE THAT YOU'LL SEE, UH, OVERALL THE, WE HAVE SUBMITTED AN O-B-D-R-R TO ALIGN THE, THIS, THIS PROCEDURE WITH RTCB IMPLEMENTATION. UH, I'VE LISTED A COUPLE THINGS HERE BRIEFLY ON THINGS THAT NEEDED TO CHANGE AS FAR AS LANGUAGE GOES. THE WAY WE'VE DEPLOYED NONS SPIN HAS CHANGED. THERE WAS SOME REFERENCES THAT ARE OUTDATED. UH, SO THAT'S WHAT THE OBDR, UH, WAS TRYING TO CLEAN UP. UH, WE'VE, WE'VE TALKED ABOUT THIS WITH R-T-C-B-T-F, UH, TWICE NOW. UH, AND WE ACTUALLY TOOK THIS TO P-D-C-W-G HERE IN FEBRUARY AS WELL TO TALK ABOUT THE O-B-D-R-R. NOW, ONE THING THAT IS, AS WE WERE WORKING THROUGH A CHANGE TO ALIGN THIS WITH RTCB IS WE FOUND THAT WE WOULD, WE WANTED TO ENHANCE THE OFFLINE NONS SPIND TRIGGER THAT IS INCLUDED IN THAT PROCEDURE. UM, SO THE, THE MAIN THING THERE AS FAR AS THE ENHANCEMENT GOES IS WE WANT TO ENSURE THAT THE OFFLINE DEPLOYMENT TAKES INTO ACCOUNT AVAILABLE ENERGY. THAT IS A AVAIL, UH, ASSISTING CAPABILITY TO MEET THE 30 MINUTE OUT NET LOAD FORECAST. SO WE WANT TO ACCOUNT FOR, UH, S OS E THE ACCOUNT, UH, ENERGY AVAILABLE AT THAT TIME AS WELL IN, IN WHAT WE HAVE, UH, CAPABILITY [00:25:01] TO PROVIDE. UM, AND SINCE RTCB HAS HAS BEEN IMPLEMENTED, WE'VE SEEN HOW IT WORKS. WE ALSO WANTED TO ACCOUNT FOR THE AS PLAN. UH, THAT IS ANOTHER IMPORTANT FACTOR. AND, AND I HAVE ONE OTHER SLIDE TO TRY TO EXPLAIN THAT HERE, UH, IN THE NEXT SLIDE TO, TO GIVE THAT, TO SHOW THAT EXAMPLE. UM, SO THOSE ARE THE, THE, THE ENHANCEMENTS THAT COME WITH, WITH THIS, UH, O-B-D-R-R. AND, AND TO GIVE YOU THE, WHAT WE'RE LOOKING FOR TODAY IS WE'RE HOPING TO GET TAX ENDORSEMENT TODAY OR, OR AT THE NEXT MEETING. REALLY THE GOAL IS WE WANT TO GET THIS BOARD APPROVED AND PUC APPROVED BY SUMMER. UH, THAT IS OUR OVERALL GOAL, AND THAT'S WHAT WE'RE ASKING FOR TODAY. UM, THIS TRIGGER IS AVAILABLE IN THE CONTROL ROOM. THEY ARE LOOKING AT IT FOR SITUATIONAL AWARENESS TO KIND OF BE AWARE. AND, AND AGAIN, THIS NEXT SLIDE WILL SHOW KIND OF WHY THAT'S IMPORTANT. UM, I, I'LL TRY NOT TO GET TOO FAR IN THE WEEDS HERE, BUT WHAT I'M SHOWING ON THIS DISPLAY IS A PURPLE LINE, WHICH IS OUR CURRENT, UH, NON OFFLINE NONS SPIND DEPLOYMENT TRIGGER FOR JANUARY 28TH. AND THEN THE GREEN LINE IS WHAT THAT ENHANCED PROPOSED TRIGGER IS LOOKING AT. UH, I DON'T HAVE THE DETAILED CALCULATIONS. THOSE ARE IN THE LINKS, UH, POSTED FOR PREVIOUS PRESENTATIONS. BUT THE KEY THING HERE IS LOOKING AT STATE OF CHARGE, WHICH IS THE PINK LINE, AND HOW THINGS HAVE CHANGED AND HOW THIS ENHANCEMENT WILL BETTER GIVE US AN IDEA OF WHAT'S HAPPENING IN REAL TIME. SO ON THIS MORNING, YOU'LL SEE THE PURPLE LINE NEVER ACTUALLY CROSSES. ZERO, ZERO IS WHEN WE ARE INTENDED TO DEPLOY OFFLINE NONS SPEND FOR THE CO CONTROL ROOM. UH, AND THERE ARE MANY REASONS FOR THAT. UH, OR ONE MAIN REASON IS WHEN WE GO SHORT ON THE AS PLAN, THAT BECOMES CAPACITY AVAILABLE FOR SC. AND, AND, BUT IT'S WHEN IT'S MISSING THE FACT THAT WE'RE BEING SHORT ON OUR, AS ON THE, WHAT WE HAVE FOR INSURANCE. SO ESSENTIALLY WE WANT, WE PUT THAT BACK INTO THE, THE GREEN LINE, AND WE'RE ALSO LOOKING AT STATE OF CHARGE IS THE NEXT KEY HERE IS, AS YOU SEE ON THIS DAY, WE GOT DOWN TO 10% STATE OF CHARGE. UH, IF WE WERE ACCOUNTING ABOVE HOW MUCH ENERGY WE HAD TO MEET THAT 30 MINUTE OUT, UH, NET LOAD FORECAST, UH, THE GREEN LINE STARTS SHOWING YOU THAT YOU NEED TO DEPLOY YOUR OFFLINE ENERGY TO ENSURE YOU CAN MEET YOUR, THE NET LOAD FORECAST AND THE, AND MEET THE AS PLAN TOGETHER. UM, ONE THING I'LL MENTION HERE EARLY ON BEFORE THE DEPLOYMENT, YOU'LL SEE THE GREEN LINE IS ABOVE THE, THE PURPLE LINE. UH, THAT'S BECAUSE WE DO PROCURE ABOVE THE AS PLAN IN NONS NONS SPIN SOMETIMES. AND SO WE DON'T WANT TO ACCOUNT FOR ALL THE EXTRA THAT'S BEING PROCURED THERE. WE REALLY WANT TO ONLY THINK ABOUT WHAT THE AS PLAN ASKED OF. UH, SO THAT'S WHY YOU SEE THAT LINE A LITTLE BIT HIGHER JUST BEFORE. SO AGAIN, TRY NOT TO GET INTO THE WEEDS HERE, BUT REALLY THE GOAL HERE IS, IS, UH, THE ONE DETAIL I MISSED IS CONTROL ROOM DEPLOYED OFFLINE NONS SPIN AT 7:00 AM THE TRIGGER WOULD'VE, UH, RECOMMENDED TO DEPLOY AT 6:00 AM UH, ACCOUNTING FOR THE ENHANCEMENTS. OKAY. UM, SO THIS IS WHERE I'LL LEAD INTO QUESTIONS. I THINK I SAW ONE POP UP. YEP. WE GOT A COUPLE OF FOLKS IN THE QUEUE HERE. WE'LL START WITH. I SEE. BILL IS FIRST. THANK YOU. APPRECIATE THE PICTURE. CAN YOU JUST, UH, EXPLAIN A LITTLE BIT MORE ON WHAT CAUSED THE DROP IN THE GREEN LINE? IS THAT RESOURCES COMMITTING? UM, YEAH, JUST RIGHT. SO THE, THE GOAL OF THE TRIGGER IS WE WANT TO ENSURE WE CAN MEET THE 30 MINUTE OUT NET LOAD FORECAST. THAT'S HOW LONG IT TAKES OFFLINE ANNOUNCEMENT TO COME ONLINE. OR WE, WE EXPECT THEM TO BE ONLINE AND AVAILABLE. A COUPLE THINGS HAPPEN ON THIS DAY AND WHEN IT, WHEN IT CHANGES. SO ONE, WE START SEEING THAT WE'RE BECOMING LIMITED ON STATE OF CHARGE IN THAT 30 MINUTE OUT AND NOT BEING ABLE TO MEET THE AS PLAN. WE ARE STARTING TO GO SHORT ON, AS IN REAL TIME RTCS DECIDING, I'M GONNA, I NEED THE ENERGY AND I WILL NO LONGER PROCURE AS, OR I'LL PROCURE LESS AS, AND, UH, IT IS TOP OF THE HOUR AT THE TIME, UH, SIX O'CLOCK. AND THE AS PLAN ACTUALLY INCREASED FOR THAT HOUR. SO WE'RE ALREADY SHORT AND WE ARE ASKING FOR ADDITIONAL AS, BECAUSE IT'S A, IT'S BEEN IDENTIFIED AS A POTENTIAL RISKY HOUR. UH, AND, AND SO ALL OF THOSE THINGS COMBINED SHOW YOU THAT THE, THE, THAT'S WHY YOU SEE THAT DROP IN THE TRIGGER. OKAY. SO THAT'S JUST THE HOURLY CHANGE IN THE AMOUNT OF PROCUREMENT THAT YOU, YOU NEED TO FULFILL THE, OKAY. THAT IS PART OF IT. AND THEN FOR THE LINKED PRESENTATIONS THAT ARE OUT THERE, THERE ARE OTHER DAYS THAT YOU CAN GO AND LOOK AT WITH, I USE THIS ONE 'CAUSE I FEEL LIKE IT SHOWED ALL THREE THINGS THAT WE'RE TRYING TO ADJUST FOR. AND ARE YOU, YOU'RE USING THE, UM, STATE OF CHARGE THAT'S IN THE COP? NO, THIS IS REAL TIME STATE OF CHARGE. OKAY. THANKS. SHAS. SHAYA, THIS IS SHAKI WITH CRESCENT POWER REPRESENTING A HUNT ENERGY NETWORK ON THIS TOPIC. SO, UM, THE FORMULA USED TO CALCULATE THE THRESHOLD TRIGGER HAS SOME SERIOUS PROBLEMS WITH IT. UM, SO I WOULD JUST SAY THAT, UH, AND I'VE INFORMED SEMINAR ABOUT THIS, UM, IT'S BASICALLY DOUBLE COUNTING, UH, ADJUSTING TWICE FOR, UM, STATE OF CHARGE. SO THEY'RE REDUCING NOT ONLY THE, UH, ESRS, UH, [00:30:01] HSL, BUT THEY'RE ALSO REQUIRING EVEN MORE, YOU KNOW, TWICE THAT AMOUNT TO BE CARRIED, UH, ON THE OTHER RESOURCES. SO THERE'S A SERIOUS PROBLEM WITH THE FORMULA, AND I'M HOPING THAT IT, THIS GETS REFERRED TO SOME, UM, SOME COMMITTEE WHERE WE CAN, YOU KNOW, REALLY TAKE UP THAT DISCUSSION AND, AND FIND A SOLUTION TO THAT. SO, UH, SO SHAMS, ACTUALLY, WE DID GET THE EMAIL THAT YOU SENT OVER. IT DID GET PASSED ON TO ME AND, AND SOME OF MY ENGINEERS. SO WE ARE LOOKING AT SOME OF THE DETAILS THAT YOU PROVIDED, SEEING IF, IF, IF TRULY THERE IS A CONCERN THERE WITH WHAT, WITH HOW YOU'VE, UH, IDENTIFIED SOME OF THOSE CONCERNS. SO WE, WE ARE LOOKING AT THAT, I WOULD SAY, I DON'T THINK THAT WAS OUR, THAT DEFINITELY WAS NOT OUR INTENTION. UM, I THINK FOR THE GROUP HERE, WE ARE LOOKING AT THAT, AND THIS IS ONE OF THE REASONS WHY WE TAKE IT TO THE WORKING GROUPS AND IN HERE IS, IS TO GET THAT FEEDBACK. BUT, UH, ONE THING I WANNA SAY IS THAT WAS NEVER OUR INTENTION AS YOU READ THE OBD, THE GOAL IS WE WANNA ACCOUNT FOR ENERGY, WE WANNA ACCOUNT FOR THE AS PLAN, AND CAN WE MEET THE NET LOAD FORECAST 30 MINUTES AHEAD. SO IF THERE IS A TWEAK THAT WE CAN MAKE TO THE CALCULATION, WE'RE WILLING TO LOOK AT THAT AND SEE IF THAT NEEDS TO BE MADE. BUT THE INTENTION WAS NEVER TO DOUBLE COUNT. UH, AND THAT, I THINK AS THE O-B-D-R-R STANDS, UH, I DON'T EVEN THINK ANY OF THAT LANGUAGE, I, I KNOW NONE OF THE LANGUAGE WOULD NEED TO CHANGE IN THE DOCUMENT. BUT SHAMS TO, TO ANSWER YOUR POINT, WE ARE LOOKING AT IT AND WE WILL GET BACK TO YOU TO SEE IF WE NEED TO MAKE ANY ADJUSTMENTS. OKAY, THANKS. THERE ARE OTHER QUESTIONS FOR LUIS. YEAH, I'M SORRY. GO AHEAD, BETH. YEAH, AND REALLY MY QUESTION IS BACK TO SHAMS, WHICH IS DID YOU'VE IDENTIFIED A CONCERN? HAVE YOU, UH, SHAMS, HAVE YOU COMMUNICATED A, UH, AN ALTERATION THAT WOULD MAKE SENSE THAT HER CAN CONSIDER? OR DID YOU JUST, I'M JUST TRYING TO UNDERSTAND WHERE THE DEBATE IS AT THIS POINT. I DID PROVIDE THE, THE FIX TO THAT, YOU KNOW, THE CORRECTION TO THE EQUATIONS. OKAY. SO I PROVIDED THAT AS PART OF MY FEEDBACK TO . OKAY. I I, I, I KIND OF ASSUMED YOU WOULD, BUT, UH, THANK YOU FOR CLARIFYING THAT. SURE. OKAY. UM, ANY OTHER QUESTIONS OR COMMENTS? UH, RASHMI? YEAH. SO, UH, YOU ARE LOOKING AT THE CHANGES. DOES IT REQUIRE AN OBD CHANGE? ARE WE LIKE APPROVING THIS TODAY? AND WITH NO, FROM THE PERSPECTIVE OF THE O-B-D-R-R, IT DOESN'T REQUIRE A LANGUAGE CHANGE. THE, THE WAY THE OBDR IS NOW IS, IS GOOD. IT'S JUST THE CALCULATION BEHIND HOW THE TRIGGER'S BEING CALCULATED THAT WE'RE LOOKING AT. THAT WAS WHERE SHAS HAD THE CONCERN. I, I DON'T THINK WE'RE SEEKING APPROVAL TODAY, THOUGH. I, MY UNDERSTANDING FROM ERCOT IS THEY'D LIKE THIS TO THE APRIL BOARD. SO WE, THE SUGGESTION FOR TODAY WOULD BE TO KEEP IT TABLED AT TAC OR, OR MAKE IT TABLED AT TAC TODAY, BRING IT BACK TO TAC IN MARCH TO VOTE ON, AND THEN THE INTERIM GO TO WMWG, THEY'VE BEEN TO RTC AND, AND PDC. I THINK THE QUESTION IS, IF ANY OF THE DISCUSSION TO NECESSITATES THIS GOING BACK TO, TO PDC OR, OR RTC. OKAY. THANK YOU. OKAY. OKAY, BLAKE? YEAH, THESE, THAT WAS WHERE I WAS GOING TO GO ABOUT NEXT STEPS ON THIS ONE. JUST WANTED TO POINT OUT THAT WMWG DOESN'T MEET UNTIL MARCH 23RD, AND THEN THE NEXT T WOULD BE MARCH 25TH. UH, SO MAYBE SOME TIMING ISSUES. SO, LUIS, IF YOU'D BE WILLING TO COME TO OUR MARCH 4TH WMS MEETING, IF YOU'D LIKE A COUPLE TOUCH POINTS ON THAT, AND THEN MAYBE WE CAN HEAR SOMETHING BACK ON SEAN'S SUGGESTION AND DRIVE MORE DISCUSSION AT THE 23RD WMWG MEETING. BUT, UM, I THINK TWO TOUCH POINTS ARE BETTER THAN ONE. SURE. YEAH. YEAH, THAT'S A GOOD SUGGESTION. UM, I MEAN, WE CAN DO THAT AND WE'RE, WE'RE WORKING ON, UH, LOOKING AT WHAT SEAN'S RECOMMENDED. SO, UH, WE SHOULD HAVE SOMETHING BY THEN, AND THEN WE CAN CONTINUE THE CONVERSATION. AGAIN, OUR GOAL IS WE WANT TO TRY TO MEET THAT SUMMER DEADLINE TO HIT HIT BOARD AND PUC. SO IF, IF IT'S TABLED HERE AND WE CONTINUE THE DISCUSSION SO LONG AS WE COME BACK NEXT MONTH, THAT WORKS FOR US. THANK YOU. OKAY. SHAMS? YEAH. ON THE OBDR, I MEAN, I HAVE TO LOOK AT THE LANGUAGE AGAIN, WHETHER IT NEEDS TWEAKING OR NOT, BUT I THINK IT IS, YOU KNOW, THIS IS AN IMPORTANT TOPIC AS TO WHEN NONS SPIN, UH, OFFLINE NONS SPIN IS TRIGGERED. UM, SO THE EQUATION, YOU KNOW, UM, THAT ERCOT IS PROPOSING OR THAT I'VE, THE FIX THAT I PROVIDED, I THINK SOME FORM OF THAT NEEDS TO BE IN THE OBDR SO PEOPLE KNOW EXACTLY WHAT THAT TRIGGER IS, YOU KNOW, SINCE IT DOES IMPACT MARKET PRICES AND SO ON. SO, UM, THAT'S SOMETHING WE CAN DISCUSS AT WMS [00:35:01] OR WMWG. THANKS. THANKS, JAMES. OKAY, BRIAN. HEY, GOOD MORNING. UH, FIRST JUST WANNA SAY THANK YOU FOR PRESENTING THIS. UH, IT, IT, I KNOW I'VE GOT A BUNCH OF QUESTIONS AFTER THE 28TH, AND SO HAVING CLARITY ON THE TRIGGER, JUST LIKE SEAN SAID, IS SOMETHING WE VALUE, UM, AND SUPPORT BLAKE'S COMMENT ABOUT TWO TOUCH POINTS. AND JUST AGAIN, UH, UH, THANK YOU FOR, FOR BEING HERE TODAY. SURE. THANK YOU. OKAY. ANY OTHER QUESTIONS OR COMMENTS? GOOD. OKAY. I THANK YOU. I, I DO HAVE SHENANIGANS ON THIS ONE, BUT CAN'T DECIDE IF I SHOULD BRING IT UP. UM, I THINK, YOU KNOW, NETIKA AND LUIS, YOU DO A REALLY GOOD JOB ON REVISION REQUESTS IN THE ANCILLARY SERVICE METHODOLOGY, AND YOU HAVE TO TAKE IT SORT OF ON THE ROAD SHOW TO PDC AND WMWG. SO, AND IT'S BEEN BROUGHT UP IN THE PAST, HAVING JUST ONE ANCILLARY SERVICE WORKING GROUP. I, YOU KNOW, PEOPLE CAN TELL ME I'M STUPID OR NOT RESPOND TO IT, BUT I THINK IT'S SOMETHING TO THINK ABOUT FOR, FOR THE FUTURE SO THAT YOU DON'T HAVE TO GO TO, YOU KNOW, TWO DIFFERENT WORKING GROUPS EVERY TIME WE HAVE ONE OF THESE REVISION REQUESTS. AND THEN FOR, FOR THREE MEETINGS EVERY SUMMER ON THE METHODOLOGY. OKAY. ERICA, I JUST HAD A QUICK QUESTION. LUIS. UH, DID IMM OPINE ON THIS ONE? I DON'T SEE JEFF HERE, OR I HAVE NOT ANY, HAD ANY DIRECT, UH, COMMENTS FROM THEM. UM, THIS IS JEFF. CAN YOU HEAR ME? YES. THANK YOU. YEAH, SO I REVIEWED THIS, AND THIS IS, THIS FALLS TO ME, THIS FALLS A LITTLE BIT MORE IN A, IN A SORT OF AN OPERATING PROCEDURE CATEGORY. UM, I THINK IT'S, YOU KNOW, I LOOKED AT THE, THE SHIFTS IN THE CRITERIA FOR DEPLOYMENT. WE DO, IN THE END, WE DIDN'T HAVE A POSITION ON WHETHER THIS SHIFT WAS BETTER OR WORSE FOR THE MARKET. IT LOOKS LIKE IT'S DRIVEN BY EMPIRICAL ANALYSIS. AND SO, UM, BECAUSE IT, BECAUSE IT FALLS MORE INTO THE OPERATING PROCEDURE CATEGORY FOR US, WE CHOSE NOT TO EXPRESS AN OPINION ON IT. SO, BUT, BUT I, I DID REVIEW IT. UM, I DO NOT OBJECT TO IT. OKAY. SO THIS WILL GO TO WMS ON THE FOURTH, FIFTH, I DON'T KNOW AT SOME POINT. AND THEN, UM, WMWG, WHICH IS JUST A COUPLE DAYS BEFORE THE NEXT TAG MEETING. YEAH. AND I CAN TUNE INTO THAT ONE AND BRING A REPORT BACK ON WHERE THAT DISCUSSION ENDED UP. OKAY. AND THAT'S JUST A REQUEST, NOT A REFERRAL. AND WE DO, NOW I'M LOOKING AT COREY TO MAKE SURE HE DOESN'T MAKE FACES TO ME AGAIN, BUT WE DO NEED TO TAKE ACTION ON THIS TODAY BECAUSE IT'S THE FIRST ONE. BUT THE ACTION WOULD BE TABLE KEEP IT HERE AT TAC, ALTHOUGH IT WILL BE DISCUSSED AT THOSE TWO PLACES. OKAY. CAN WE PUT THE TABLE O-B-D-R-R UH, 55 ON THE COMBO? SEEMS FINE. AND THEN WE'LL GET TO RUMI'S COMMENT. SO, UH, IF I LOOK AT IT KIND OF LIKE A VERY HIGH LEVEL, UM, WHENEVER YOU ARE GOING TO DEPLOY NONS SPIN, YOU MIGHT DEPLOY IT EARLIER BECAUSE YOU ARE LOOKING AT THE STATE OF CHARGE AND IT'S RUNNING OUT. BUT IF THERE IS A LOT OF STATE OF CHARGE, THEN YOU MIGHT REDUCE THE NUMBER OF DEPLOYMENTS. UH, BUT AT THE END OF THE DAY, IT IS KIND OF PRESERVING STATE OF CHARGE OVER, UH, BRINGING ONLINE OFFLINE GENERATION TO PRESERVE THE STATE OF CHARGE. IS THAT, IS THAT KIND OF THE GENERAL OBJECT? SO IT'S ACCOUNTING FOR STATE OF CHARGE AS A, AS YOU'RE TRYING TO DETERMINE HOW MUCH CAPACITY YOU HAVE AVAILABLE. YOU'RE LOOKING AT STATE OF CHARGE TO DETERMINE IF YOU HAVE THAT ENOUGH ENERGY TO MEET WHAT IS COMING IN 30 MINUTES IF YOU DO NOT, AND, AND TO MEET THE AS PLAN. IF YOU DO NOT, THEN WE'LL BRING ON OFFLINE RESOURCES. YEAH. SO IT'S PRESERVING THE STATE OF CHARGE, KIND OF. BUT MY QUESTION IS, WOULD WOULD IT END UP INCREASING THE NONS SPIN DEPLOYMENT OR REDUCE IT, OR WOULD IT IN LIKE PREPONE IT DURING THE TIME WHEN YOU ANYWAY HAVE TO DEPLOY AND LIKE AVOID IT WHEN YOU DON'T NEED TO DEPLOY KIND OF SOMETHING LIKE THAT? HAVE YOU LOOKED AT IT LIKE, KIND OF LIKE A, SO BASED ON THE CURRENT TRIGGER RIGHT NOW, THE, SOMETIMES THE CURRENT TRIGGER WOULDN'T SHOW IT, WHICH IS THE RELIABILITY CONCERN WE HAVE TODAY IS WE WANT IT TO BE AWARE THAT WE'RE RUNNING OUT OF [00:40:01] ENERGY TO MEET LOAD. YEAH. UH, THE, THE, THE DEMAND. SO, UH, IN THE, SOME OF THE OTHER TECHNICAL PRESENTATIONS, WE HAVE FOUR OR FIVE OTHER DAYS, AND OF WHEN WE DEPLOYED NONS SPIND, AND REALLY IT'S SHOWING YOU THERE'S, IN SOME OF THOSE DAYS, THERE'S A 12 MINUTE, 20 MINUTE SHELL, UH, SHIFT IN WHEN WE WOULD'VE NEEDED TO DEPLOY OFFLINE NONS SPIND. UM, AND THEN IN SOME DAYS IT SHOWS WE DIDN'T NEED, WE MAY NOT HAVE, IT MAY NOT HAVE TRIGGERED IF THINGS HAD PLAYED OUT THAT THAT WAY. SO. OKAY. SO IT'S BOTH WAYS. YEAH. OKAY. THANK YOU. OKAY. ANY OTHER QUESTIONS OR COMMENTS? OKAY. SO WE WILL PUT, UH, TABLE O-B-D-R-R 55 ON THE COMBO BALLOT. WE WILL TALK AT WS AND WE'LL TALK AT WMWG. OKAY. OKAY. THANK YOU. ALL RIGHT, COREY. UM, NEXT WE [8. TAC Priority Items] ARE ON ONTO OUR TECH PRIORITY ITEMS. WE WILL START, UH, WITH KEITH ON DRS. OKAY. UM, I'LL START WITH DRS HERE. UH, FOR FOLKS AT THE, THE LAST WORKSHOP, UH, THERE WERE, WE DID RECEIVE COMMENTS, UH, WRITTEN COMMENTS, AND THEN OBVIOUSLY SOME VERBAL COMMENTS DURING THE MEETING ON BOTH, UH, THE, UH, MOST OF THEM ARE RELATED TO NPR 1310. UH, THE, THE FIRST PIECE WAS RELATED TO THE RELIABILITY ELEMENT OF 1310. AND THEN THE SECOND PART OF DISCUSSION WAS ON THE ESR ELEMENT OF 1310. AND SO I THINK I'LL TAKE THE, THE FIRST POINT IS OUR, OUR SORT OF THOUGHTS ON, ON 1310 IS WITH REGARDS TO THE RELIABILITY ELEMENT, UH, THE MOST OF THE COMMENTS WERE CENTERED AROUND HAVING TO WAIT TILL, INCLUDE THAT AS PART OF THE RELIABILITY ASSESSMENT. I THINK FOR THE PURPOSES OF CONTINUING 1309, UH, FORWARD TO MEET THE JUNE TIMELINE. I THINK WE, WE ALSO AGREE WITH THAT POSITION THAT 1310 CAN BE ADDRESSED AS PART OF THE MARKET DESIGN ELEMENTS OF THE RELIABILITY ASSESSMENT, UH, LATER THIS YEAR. UH, SO WE'RE, UH, WE, WE DO VIEW THAT AS, AS, UH, A PATH THAT, THAT WE WOULD APPRECIATE THAT WE, WE, WE APPRECIATE THE POSITIONS ON THAT. WITH REGARDS TO THE ESR ELEMENT, WHAT WE ARE INTENDING TO DO, UM, IS TO SEEK MORE INFORMATION. UH, WE ARE GOING TO BE, UH, DROPPING A COUPLE QUESTIONS, UH, LATER THIS WEEK WITH REGARDS TO, UH, ESSENTIALLY, UH, ONE OF THE ELEMENTS HAD TO DO, AND IT'S COME UP A FEW TIMES IN THE WORKSHOP, RELATED TO HOW TO CONSIDER THE FOUR HOUR CAPABILITY, UH, AT HSL AND HOW TO CONSIDER THAT ELEMENT. AND SO WE'LL HAVE A FEW QUESTIONS THAT WILL HOPEFULLY INFORM SOME DISCUSSION AT THE NEXT WORKSHOP ON MARCH 9TH. SO, UH, AT THIS TIME, WE DON'T HAVE A, UH, A FORMAL POSITION OTHER THAN, HEY, WE'RE, WE'RE GONNA TRY TO SEEK SOME MORE INFORMATION ON THAT PARTICULAR ELEMENT AND, AND WE'LL HELP HOPEFULLY INFORM THAT DISCUSSION THAT WE'LL HAVE ON MARCH 9TH. SO THAT'S THE UPDATE ON THE DRS. SO I'LL PAUSE IF THERE ARE ANY QUESTIONS ON THAT. AT THIS POINT, I DON'T SEE ANY QUESTIONS. OKAY. ALRIGHT. CAN I LET, CAN I MAKE MY OWN COMMENTS? SO CHAIR COMMENTS, THERE YOU GO. BEFORE YOU'RE DONE WITH DRS, WE DO, WE HAVE A WORKSHOP SCHEDULED FOR MARCH 9TH AND A PRS MARCH 11TH. I AM SORT OF HOPING THESE CAN, THAT CAN BE OUR LAST WORKSHOP, BUT I THINK IT IS DEPENDENT ON PEOPLE GETTING COMMENTS IN AHEAD OF TIME. I'VE SPOKEN TO PEOPLE, YOU KNOW, I KNOW ARE INTERESTED, INCLUDING TO CHAIR KAITLYN SPEAKING TO JUPITER, KAITLYN. UM, SO I'M HOPING COMMENTS CAN BE IN A WEEK BEFORE THE, THE WORKSHOP AND THE PRS AND WE CAN REALLY GET TO A DECISION POINT ON, ON THESE. I THINK THAT'S NOT INCONSISTENT, BUT GO AHEAD. I, I WILL ADD ONE OTHER ELEMENT ON 1309 MM-HMM . THAT'S CURRENTLY UNDER DISCUSSION. UH, ONE OF THE ELEMENTS THAT THE IMM HAD BROUGHT UP YEAH. WAS WITH REGARDS TO THE DEMAND CURVE. AND I'M, I'M HAPPY TO SAY THAT THE IMM AND, UH, ERCOT STAFF ARE COLLABORATING ON WHAT THAT COULD LOOK LIKE. SO, UM, THERE ARE ELEMENTS RELATED TO 1309 THAT REQUIRED FURTHER DISCUSSION AND THOSE DISCUSSIONS ARE OCCURRING, UM, UH, AND, AND WITH THE IMM AND ERCOT ON, ON WHAT THEY MAY BE. AND I THINK THERE'S A, A GENERAL ALIGNMENT ON HOW THAT MAY WORK. UM, AND SO THAT IS [00:45:01] ALSO LIKELY TO BE DISCUSSED AT THE MARCH 9TH, BUT WOULD WOULD DEFINITELY REQUIRE FURTHER DISCUSSION. SO, SO THERE MAY BE THE QUESTION OF WHERE THE ESR QUESTION LIVES, BUT I, I DO WANT TO NOTE THAT 1309 DOES HAVE ITS OWN SPECIFIC SET OF ADDITIONAL QUESTIONS THAT WE STILL NEED TO FOCUS ON GOING FORWARD. YEAH, THERE'S 1309 HAS THE ESR COMPONENT. THERE WILL BE DEMAND CURVE COMMENTS, AND THEN 1310, I THINK THE QUESTION IS IF STAKEHOLDERS WOULD LIKE TO TABLE, UM, I, YOU KNOW, I'M JUST, I'M HOPEFUL THAT WE CAN GET SORT OF THE SUBSTANTIVE COMMENTS IN AHEAD OF TIME AND, AND TRY TO MAKE SOME DECISIONS AT THE WORKSHOP, EVEN IF THE DECISION IS, YOU KNOW, CONTINUE TO TALK ABOUT TWO ISSUES AT PRS OR CONTINUE TO, TO TABLE 1310 AND REFER IT TO WMS OR WHATEVER. BUT, UM, I THINK WITH THE, THE WORK WE HAVE COMING ON OTHER ITEMS, WE'VE DONE A PRETTY GOOD JOB ON THIS SO FAR. I THINK WE'RE TRACKING A LITTLE BIT AHEAD OF SCHEDULE. UM, SO, SO HOPING MAYBE ONE MORE WORKSHOP OR MAYBE TWO MORE WORKSHOPS, UM, BUT THAT WE CAN FOCUS IN ON, ON THE ISSUES WE NEED TO GET THIS, GET 1309 DONE QUICKLY. SHAMS, IS THAT A QUESTION ON THIS DISCUSSION? YES. UM, SO SHA UM, WITH CRESCENT REPRESENTING PLANT ENERGY AGAIN ON THIS TOPIC, UM, SO WITH THE DRS, YOU KNOW, IF IT'S 1309, IF IT'S AN ANCILLARY SERVICE, THEN I THINK, UM, YOU KNOW, THE PROPOSAL OR HAS IN SORT OF, UH, INTERPRETING THE STATUTE, EVEN THOUGH WE DON'T SEE IT THAT WAY, TO ALLOW EVEN A TWO HOUR BATTERY OR ONE HOUR BATTERY TO PROVIDE THERY SERVICE MAY BE OKAY. BUT IF YOU'RE LOOKING AT IT FROM RESOURCE ADEQUACY PERSPECTIVE, ESPECIALLY IF YOU'RE TRYING TO, UH, MEET THE WINTER STORM CHALLENGE, YOU KNOW, UM, IT SEEMS LIKE THE RESOURCE ADEQUACY, UM, QUALIFICATIONS MAY BE QUITE DIFFERENT AND EVEN QUESTIONABLE WHETHER ANYTHING LESS THAN FOUR HOURS, UM, THAT WOULD QUALIFY, YOU PROBABLY NEED MORE THAN THAT. SO CAN WE HAVE LIKE, UM, THAT'S, THAT'S THE CONNECTION BETWEEN 1309 AND 1310. SO I'M WONDERING IF WE GO AHEAD WITH 1309 AS AN ANSLEY SERVICE AND THEN WE DECIDE TO ADD RESOURCE ADEQUACY, CAN WE HAVE TWO SETS OF CRITERIA OR DOES THE DRS HAVE QUALIFICATIONS HAVE TO BE THE SAME FOR BOTH NPR? AGAIN, I, I WOULD SAY THAT WOULD BE SOMETHING THAT THE, THAT YOU WOULD PUT IN COMMENTS, RIGHT? THAT YOU VIEW THAT WAY. SO I, I DON'T THINK WE'RE AT ANY POINT NOW TO SAY YES OR NO, BUT, YOU KNOW, IF YOU HAVE COMMENTS THAT YOU FEEL THAT IT SHOULD BE TREATED DIFFERENTLY OR 1309 VERSUS 1310, FEEL FREE TO MAKE THOSE COMMENTS. THANKS. OKAY, THANKS. GO AHEAD, NED. I'LL JUST TAKE IT UP A LEVEL FROM, I THINK WHAT SHA WAS GETTING AT. AND THAT IS, UM, REGARDLESS OF WHICH PATH THE DRS IMPLEMENTATION TAKES, UM, YOU KNOW, IT DOES HAVE TO BE ABLE TO ADDRESS THE OPERATIONAL, UH, UH, CRITERIA, HAS TO BE ABLE TO SUPPORT THE RESOURCE ADEQUACY AND RELIABILITY STANDARD CRITERIA AND HAS TO BE ABLE TO, TO, YOU KNOW, HAVE A REDUCTION IN RUCKS. THOSE ARE THE, THOSE ARE THE THREE THINGS THAT WE'RE TRYING TO CO OPTIMIZE FOR, WITH, WITH THAT. AND, UH, SO WHETHER IT'S 13 0 9, 13 10 OR PERMUTATIONS IN BETWEEN, WE JUST WANNA MAKE SURE THAT IT'S A DISPATCHABLE RELIABILITY RESERVE SERVICE AND NOT DISPATCHABLE RELIABILITY RESERVE SHENANIGANS, SHENANIGANS. I HAD TO WORK THAT IN. THAT WAS GOOD. UM, KEITH, FOR CLARITY, THE ERCOT COMMENTS, WE'LL HAVE SOME QUESTIONS FOR STAKEHOLDERS. YES, THERE ARE GONNA BE SOME QUESTIONS OUT LATER THIS WEEK, BUT WE PROBABLY WON'T BE ABLE TO GET THOSE QUESTIONS OUT AND WRITTEN RESPONSES TO THOSE QUESTIONS BEFORE THE WORKSHOP. I, I THINK OUR GOAL IS TO, WELL, IF YOU THINK ABOUT IT, RIGHT, SO IF WE GET THE QUESTIONS OUT AND THEN LET'S SAY TOMORROW MM-HMM . UH, THEN, UH, FOLKS CAN RESPOND TO THOSE COMMENTS IN ADVANCE OF THE MEETING. NOW, WE MAY NOT HAVE A FULL WEEK. YEAH. UH, BUT I THINK WE'RE HOPING TO HAVE AN EDUCATED DISCUSSION, UH, LEADING INTO THE MARCH NIGHT, MARCH NIGHT WORKSHOP. OKAY. SO WE DON'T HAVE TO BE OVERLY AMBITIOUS, BUT I, I THINK, YOU KNOW, TO THE EXTENT WE CAN NARROW THE ISSUES AND, AND TABLE WHAT WE CAN TABLE, WE CAN START DOING THAT, UM, AT THE MARCH 9TH WORKSHOP AND THE MARCH 11TH PRS BRIAN. OKAY. UH, CAN YOU, UH, LET US PERCOLATE ON WHAT SOME OF THESE QUESTIONS MIGHT BE? ANY PREVIEW IT, IT REALLY GETS, SO THERE WAS A QUESTION ASKED AT THE FIRST WORKSHOP, AND I BELIEVE IT WAS FROM, UM, I SEE IT WAS EITHER BOB AND I KNOW STEVE REY MADE A, A COMMENT ON THIS, AND IT, IT HAD TO DO WITH THE PARTICULAR PROVISION ABOUT WHAT [00:50:01] CAPABLE OF OPERATING FOR FOUR HOURS AT HSL. HOW IS THAT INTERPRETED? AND SO THAT'S THE PRIMARY ELEMENT OF THE QUESTION. GOT IT. THANK YOU. THANK YOU. GO AHEAD, ERIC. UM, UM, IS IT WORTH CONSIDERING IN QUESTIONS WHETHER OR NOT, UH, DGR OR A DES ARC CAN PROVIDE DRRS IN THE WAY THAT NO, THEY'LL BE ABLE TO PROVIDE ECRS AFTER THE IMPLEMENTATION OF, I THINK, 1171? WE ARE NOT, UH, LOOKING TO ASK THAT QUESTION AT THIS TIME. UH, WELL, OTHER PEOPLE MIGHT ASK THAT QUESTION, YOU'RE FREE, FREE TO ASK THAT QUESTION, BUT THAT'S NOT ONE THAT WE'RE LOOKING TO ASK AT THIS TIME. I, I THINK, YOU KNOW, I, I'LL LEAVE IT TO ERCOT, BUT I, I THINK I'D BE WORRIED ABOUT ERCOT QUESTIONS THAT ASK STAKEHOLDERS WHAT THEY THINK LEGISLATIVE INTENT WAS, BUT MAY MAYBE IT WILL BE WORDED LIKE, WHAT DO YOU THINK THIS SHOULD BE BASED ON THE STATUTE? BUT I, I THINK WE'LL JUST HAVE TO SEE WHAT THE QUESTIONS ARE. I THINK THAT COULD BE HANDLED WITH WORDSMITHING BY MATT ARTHUR, WHO'S VERY CAPABLE. BUT MATT, MATT IS VERY CAPABLE. YES. BUT THAT SORT OF STANDS OUT TO ME IF, IF IT'S A QUESTION TO WHAT STAKEHOLDERS THINK LEGISLATIVE INTENT IS. BUT, BUT WE'LL WORK THAT OUT. ALL RIGHT. IF I MAY CONTINUE FORWARD, I KNOW THAT ULTIMATELY WE HAVE SOME OTHER THINGS THAT WE WANT TO HIT, BUT I DID WANNA RAISE TWO, UM, I WOULD SAY NON BOARD PRIORITY ITEMS, BUT THINGS THAT ARE COMING UP THAT ARE PRIORITIES FOR ERCOT, ONE OF THEM IS NPR 1315. THIS WAS RELATED TO THE CONTRACT FOR CAPACITY. UH, WE, UH, WE HAVE HAD, UH, UH, SIGNIFICANT DISCUSSION ON THAT, UH, AND, AND SOME VERY VOCAL DISCUSSION ON, ON THAT ITEM. UH, GIVEN THE DISCUSSION AT THE LAST BOARD MEETING THAT DAN WOODFIN PROVIDED ON THE FAR WEST SITUATION, THAT HAS KIND OF ELEVATED THE NEED FOR 1315. AND THE WAY WE VIEW THIS GOING FORWARD IS, UH, WE WOULD LIKE TO WORK COLLABORATIVELY WITH THE STAKEHOLDERS TO COME UP WITH A SOLUTION THAT CAN BE APPLIED THIS SUMMER, UH, FOR, UH, A SOLUTION, UH, FOR LATER IN THE YEAR. AND SO WE HAVE MADE SOME MODIFICATIONS TO 1315 THAT SHOULD BE COMING OUT LATER TODAY, I BELIEVE, UH, THAT, UH, WE'VE, WE'VE WORKED WITH, UH, SOME OF THE VOCAL FOLKS AND, UH, I'VE REACHED OUT TO A NUMBER OF OTHER FOLKS ON THE MODIFICATIONS THAT, THAT ARE BEING MADE TO 1315. MY HOPE IS THAT IT ADDRESSES MOST OF THE CURRENT CONCERNS THAT HAVE BEEN VOCALIZED. I SUPPOSE IF YOU DIDN'T, IF YOU HAD A PROBLEM BUT DIDN'T SAY ANYTHING, WE DIDN'T, UH, WE DIDN'T ADDRESS IT. UM, I WILL NOTE THAT, UH, THERE WAS AN ELEMENT, AND, AND I KNOW SETH'S GOT HIS, HIS TENT UP THAT WAS RAISED, UH, HE AND I DISCUSSED IT DOES HAVE AN INTERACTION WITH NPR 8 26, IS MY UNDERSTANDING. AND, UH, FROM OUR PERSPECTIVE, AND, AND AS NED MENTIONED EARLIER, THAT, UH, 8 26 IS FROM OUR PERSPECTIVE, LIKELY TO BE SOMETHING THAT WOULD NEED TO BE ELEVATED FROM AN IMPLEMENTATION STANDPOINT TO BE CONCURRENT WITH, UH, THE 1315, UH, WHEN THAT, UH, THAT OCCURS. SO, UH, AGAIN, I THINK JUST TO, TO HIGHLIGHT THE, THE TWO SIGNIFICANT CHANGES TO 1315 IS IT WILL BE LOCAL. UH, IT'S VERY EXPLICIT IN HOW IT WILL BE LOCAL ONLY. UH, AND UH, THE SECOND ELEMENT IS THAT IT IS, UH, RELATED TO AN EXIT STRATEGY SPECIFICALLY. SO THESE, THESE THINGS ARE INCLUDED IN THE, UH, SOON TO BE UPDATED VERSION OF 1315. THAT WILL BE COMING OUT LATER. OUR VIEW IS, IT IS A PRIORITY GIVEN THAT, UM, GIVEN THE TIMING OF THE ISSUES THAT WERE HIGHLIGHTED BY DAN IN HIS PRESENTATION AND THE LIKELIHOOD OF POTENTIAL ISSUES, WE HAVE A WINDOW OF OPPORTUNITY OF COLLABORATING ON A SOLUTION THAT CAN BE APPLIED HOPEFULLY, UH, FOR THE FAR WEST SITUATION. THAT'S, THAT'S SORT OF BEEN DEVELOPING. SO I'LL PAUSE AND SEE IF THERE ARE ANY QUESTIONS ON, ON THAT ITEM. IT SOUNDS LIKE SETH HAS A QUESTION. OKAY. WELL, SO YOU'RE, YOU'RE RAISING A NEW PRIORITY ITEM, RIGHT? KEITH? IT'S 1315. THE CONTRACT'S [00:55:01] FOR CAPACITY. DO YOU HAVE A TIMING? WE'VE DISCUSSED ONE, BUT I DON'T THINK YOU JUST NOW MENTIONED ONE. WELL, OUR, OUR, OUR HOPE IS TO GET THIS ADDRESSED BY THE, UM, THE JUNE BOARD MEETING AS WELL. I KNOW THERE, WE'VE GOT A LOT ON THE PLATE. AND, AND YES, WE, WE'D LIKE TO ADD THIS TO THAT, THAT PLATE, GIVEN THE, THE ISSUES IN THE FAR WEST, WE SEE THIS AS SOMETHING THAT IF WE CAN GET A COLLABORATIVE OUTCOME BY THE JUNE TIMEFRAME, UH, AND UH, IF THE COMMISSION WERE TO APPROVE, WE, WE COULD USE THAT SOLUTION, UH, TO HELP ADDRESS, UH, THE FAR WEST SITUATION. OKAY. I, I'LL GET TO SETH AND WE'LL ALLOW SOME DISCUSSION ON THIS, BUT I JUST WANTED TO LEVEL SET 'CAUSE IT'S NOT SPECIFICALLY ON THE AGENDA. WE, WE OF COURSE, KNEW IT WAS COMING, BUT, UM, SO IT'S, IT'S 1315. IT'S CONTRACTS FOR CAPACITY. UM, ERCOT IS FILING COMMENTS THAT WILL BE, NARROW IT A LITTLE BIT, MAKE IT LOCAL AND PROVIDE AN EXIT STRATEGY. UM, AND, AND ERCOT WOULD LIKE THIS TO JUNE BOARD FOR USE AS SOON AS POSSIBLE. UM, AND I WILL OPEN IT UP FROM THERE. SO GO AHEAD SETH. YEAH, JUST A FEW QUESTIONS. SO, UH, THANK YOU FOR THE UPDATE. I THINK THE OTHER ELEMENT IN TERMS OF WHAT ELSE TO TIE TO THIS IN TERMS OF ENSURING THAT THERE'S CORRECT PRICE FORMATION GOING FORWARD, I THINK THERE'S A MITIGATION PLAN OUT THERE INTO THOSE FAR WEST GTCS. SO IN OTHER WORDS, LOAD CAN BE DUMPED. I THINK IT'D BE IMPORTANT TO HAVE THAT LOAD REPRICED. AND I KNOW THAT WE HAVE A SYSTEM WIDE ADDER, BUT I STILL THINK IT WOULD BE HELPFUL TO HAVE THAT REPRICED. AND I THINK MAYBE NED CAN HELP ME OUT, BUT I THINK HE HAS AN NPR COMMENTS OUT THERE THAT WOULD REPRICE LOCALIZED LOAD DUMP THROUGH THE RDPA. I THINK SOMETHING TO THAT NATURE. NO. ARE YOU THINKING OF, I THINK THAT WAS SEAN'S, UH, THAT'S 1, 2 1 4. THAT'S A LOCALIZED REPRICING. BUT I THINK YOU HAD COMMENTS, UH, SOMEWHERE IN AN MPR THAT WOULD TAKE, THAT WAS FOR THE LOCALIZED TRANSMISSION INSTRUCTED LOAD SHED. YEAH, YEAH, YEAH. OKAY. YEAH, EXACTLY. SO I THINK THAT WOULD BE SOMETHING THAT WOULD BE IMPORTANT TOO TO, TO PUT IN WITH THIS ALONG WITH 8, 2 6, I THINK WE CAN DEFINITELY CONSIDER. UM, BUT AT THE SAME TIME, YOU KNOW, WE, WE CAN CONSIDER THAT ABSOLUTELY. OKAY. OKAY. AND THEN THE OTHER THING I WAS THINKING ABOUT, MAYBE I CAN RESERVE SOME OF THIS, BUT, UM, IF THIS IS GOING TO BE, UH, SPECIFIC TO LOCAL CONDITIONS, IT WOULD, UM, SORT OF BASIC QUESTION TO ME ARISES, UH, THE QUESTION TO ME THAT, UM, SHOULD THE, SHOULD THE AMOUNT THAT YOU BE, SHOULD THE AMOUNT THAT YOU GO TO PROCURE BE LIMITED TO THE AMOUNT NEEDED TO RESOLVE THE LOCALIZED VIOLATION, TRANSMISSION VIOLATION YOU'RE SEEKING TO RESOLVE? SO DO WE NEED GUARD LINES GUARDRAILS, SORRY, GUARDRAILS IN THE NPR THREE 15 THAT SAYS WHEN YOU GO OUT AND PROCURE THIS EXTRA CAPACITY, WHETHER IT'S DR OR NEW RESOURCES OR, OR WHAT IT IS THAT YOU, THAT THE SPECIFICITY OF THOSE MEGAWATTS IS TIED TO THE AMOUNT OF MEGAWATTS THAT YOU NEED TO RESOLVE THE TRANSMISSION VIOLATION THAT YOU'RE SEEKING TO ADDRESS? I, THE, THE CHALLENGE WITH THAT IS THAT, AGAIN, WITH DAN'S SLIDE IS THAT IT'S A GROWING ISSUE, RIGHT? IT IS NOT SOMETHING THAT'S A STATIC NUMBER. IT'S NOT LIKE IT'S GONNA BE A 400 MEGAWATT PROBLEM, AND IT'S GONNA BE THAT FOR THREE OR FOUR YEARS, IT'S GONNA BE A SHIFTING NUMBER. AND, UM, IT ALSO IS DEPENDENT ON, YOU KNOW, TO THE EXTENT THAT, HEY, THERE ARE SOME OUTAGES AND WHATNOT. SO AT DIFFERENT TIMES AND DIFFERENT PERIODS, THAT NUMBER WILL BE DIFFERENT. SO I DON'T KNOW THAT I CAN ADDRESS THAT AT THIS POINT. OKAY. BUT AGAIN, SOMETHING TO RAISE DURING THE PROCESS. WELL, ON THE LATTER, WE COULD USE THE WORST OF CONDITIONS THAT YOU WOULD ANTICIPATE. UH, I DO UNDERSTAND IT'S A GROWING ISSUE AND YOU HAVE THE ABILITY TO USE A LOAD FORECAST TO PROCURE AGAINST IT. SO MAYBE THERE COULD BE A, A, A PROJECTION, UH, THAT WOULD BE USED TO FIGURE OUT THE AMOUNT OF MEGAWATTS THAT COULD BE PROCURED FOR THE ISSUE THAT YOU'RE SEEING. MY CONCERN IS, IS THAT YOU'RE ABLE TO GO OUT, AND I'M NOT SAYING THAT YOU WOULD DO THIS, BUT MAYBE DOWN THE ROAD. 'CAUSE THESE THINGS LIVE ON, WE FIRST STARTED ALL THIS BACK IN 2011, I THINK, WITH SR. BERTRAN AND GALAXY FAR AWAY. UM, BUT I I, YOU KNOW, THE WAY IT'S WRITTEN TODAY IS ERCOT COULD GO OUT AND PROCURE LIKE A THOUSAND MEGAWATT GENERATOR AND THEY MAY OVERDO IT. AND THAT WOULD IMPOSE ALL SORTS OF OTHER MARKET DYNAMICS THAT WOULD, YOU KNOW, NOT PLAY WELL WITH OUR ENERGY ONLY MARKET. AND, AND I THINK ONE OF THE THINGS THAT I THINK IS PROBABLY GOOD [01:00:01] HOMEWORK IS, YOU KNOW, HOW DO WE AVOID THIS IN THE FUTURE? AND THAT'S SOMETHING THAT I WOULD HOPE THAT WE WOULD THINK ABOUT IN SOME FASHION, BECAUSE I DON'T THINK OUR CURRENT DESIGN IS EFFECTIVE ENOUGH TO ADDRESS THIS TYPE OF PROBLEM. YEAH. OKAY. WELL I DEFINITELY APPRECIATE THAT. I THINK THAT, UM, YOU KNOW, SEEING, I'M GLAD THAT YOU TIED A TWO SIX OF THIS 'CAUSE THAT'S SORT OF THE POSTER CHILD WHERE WE HAVE SOMETHING THAT WOULD IMPROVE PRICE FORMATION, BUT WE'VE SAT ON IT FOR YEARS. UH, AND I THINK WE NEED TO STOP DOING THAT, THAT WHEN WE HAVE SOLUTIONS TO CRAIG PRICE FORMATION AND WE NEED TO ACCELERATE THOSE SO WE DON'T END UP IN THESE SORT OF STATES THAT WE'RE IN TODAY WHERE WE HAVE TO NOW OUR BACKS ARE AGAINST THE WALL AND WE HAVE TO DO THESE DRACONIAN, UH, METHODS TO RESOLVE THE, THE SITUATION THAT WE'RE IN. CAN WE HAD A COUPLE PEOPLE FROM ERCOT JUMP IN THE QUEUE DURING YOUR QUESTION? SETH? CAN WE SEE IF, IF THEY CAN ADD DAVE, GO AHEAD. HI, KAYLIN. THANK YOU. I, ONE THING I JUST WANTED TO NOTE, AND, UH, KATIE PUT THE NPR NUMBER IN THE CHAT WITH 1307. UH, ONE POINT OF CLARITY I JUST WANNA MAKE SURE IS CLEAR TO FOLKS WITHIN THAT MPRR, WHAT'S CURRENTLY BEING PROPOSED IS THAT WE DO HAVE A PRICE ADJUSTMENT ASSOCIATED WITH LOAD SHED FOR TRANSMISSION CONSTRAINTS. I DID WANNA JUST MAKE SURE IT'S CLEAR TO THE GROUP THAT THAT IS STILL UNDER THE PARADIGM WHERE THE ADJUSTMENTS ARE SYSTEM WIDE. SO UNDER THAT NPRR, THE THERE WOULD NOT BE A LOCAL ADJUSTMENT TO PRICES THAT REALLY ONLY EXIST UNDER THE PROPOSAL WITH 1214. AND I UNDERSTAND THAT AND THAT'S THE BEST WE CAN DO FOR NOW. AND THEN, YES. OKAY. NPR 1 2 1 4 CAN BE SOMETHING THAT WE HAVE OUR EYES ON LATER ON DOWN THE ROAD. THAT WOULD ACTUALLY BE THE ULTIMATE SOLUTION, UH, FOR THIS TYPE OF ISSUE. BUT YEAH, THANK YOU DAVE. I I APPRECIATE THAT POINT. OF COURSE. THANK YOU. OKAY. FREDDY, DID YOU WANNA ADD SOMETHING TOO? YEAH, SURE. AND, AND I JUST WANTED TO GIVE AN UPDATE OF, OF WHERE THAT, THAT NPRR IS, AND WE DID TALK TO DRA ABOUT, ABOUT THEIR COMMENTS. AND REALLY WHERE THAT'S AT IS IT'S, I WILL BE FILING COMMENTS, UM, REALLY JUST, UH, KEEPING MOST OF THE LANGUAGE THAT THEY, THEY SUBMITTED REALLY ASSOCIATED WITH THE ADDING THE MEGAWATTS DIRECTED BY ERCOT AND INCLUDING THAT INTO GTPD. UH, BUT WE WILL BE STRIKING THE PORTION OF WHERE THE CHEN INSTRUCTION IS IMPLEMENTED BY THE TO AND, AND REALLY NOT AS PART OF AN INSTRUCTION BY ERCOT. SO, UM, I, I'LL BE FILING THOSE COMMENTS SOON. AND THEN, UH, MY EXPECTATION IS THAT THAT SHOULD BE MOVING FORWARD, UM, FAIRLY QUICKLY AFTER THAT. OKAY. SETH, ARE WE, ARE YOU GOOD FOR NOW? I'M GOOD, THANK YOU. OKAY. YOU TOUCHED AT THE END ON SOME GENERAL PRICE FORMATION ISSUES THAT KEITH AND I HAVE BEEN DISCUSSING AS WELL. DO YOU WANT TO TALK ABOUT ANYTHING THERE RIGHT NOW? UH, MAY, MAYBE NOT RIGHT NOW, BUT I DO THINK THAT ONE OF THE CHALLENGES AND, AND I THINK WHERE, WHERE SETH WAS GOING IS THAT WHEN YOU HAVE THIS ISSUE, HOW DO YOU CORRECTLY FORM THE PRICE? AND I THINK OUR CONCERN IS HOW DO YOU AVOID BEING IN THIS SITUATION TO START WITH? BECAUSE ONE COULD ARGUE IS THAT WHERE'S THE GENERATION NOW, RIGHT? AND THE POINT IS THERE'S NO PRICE , THERE'S NO SIGNAL. AND SO I THINK THAT'S, THAT'S SOMETHING WE NEED TO THINK ABOUT AND, UH, I DON'T KNOW THAT WE HAVE SOLUTIONS OR MAYBE WE NEED A WAY TO THINK ABOUT THAT. BUT I, I THINK THAT WHEN YOU LOOK AT THE CONSTRUCT, YOU WILL END UP HERE AGAIN. AND THAT'S SOMETHING THAT'S A PROBLEM. . OKAY. I THINK I JUST WANTED TO FLAG THAT BECAUSE I THINK IT'S REALLY TWO ISSUES WE'RE TALKING ABOUT. RIGHT? AND, AND YOU ALLUDED TO IT IN YOUR COMMENTS ABOUT 13, 15, REALLY, YOU KNOW, YOU CAN MAKE IT NARROW AND LOCAL, BUT YOU DON'T WANT IT TO HAPPEN AGAIN. SO IF WE DON'T WANT IT TO BE USED AGAIN, THERE'S, THERE'S OTHER WORK TO BE DONE AS WELL. CORRECT. OKAY. LET'S GO TO NED. THANKS, CAITLIN. AND I THINK MY, THE INITIAL COMMENT I HAD HAS NOW BEEN, UH, HAS MORPHED A LITTLE BIT AS THIS DISCUSSION'S GOING ON. UH, I'M REALLY GLAD THAT WE'RE HAVING IT BECAUSE I THINK YOU, THE FRAMING, KEITH THAT YOU, YOU JUST PUT OUT IS REALLY IMPORTANT, RIGHT? THIS IS, UM, YOU KNOW, THIS IS CLEARLY NOT EVERYONE'S FIRST CHOICE. AND UM, YOU KNOW, I THINK IT'S, IT'S INCUMBENT UPON STAKEHOLDERS TO TRY TO HOLD THAT, THAT LINE THAT, YOU KNOW, HEY, THIS HAS TO WORK WITH THE MARKET DESIGN THAT WE HAVE NOW. UM, BUT WE ALSO NEED TO BE LOOKING INTO THE FUTURE. AND WE'VE GOT THE, THE TRIENNIAL RELIABILITY STANDARD ASSESSMENT GOING ON. AND THIS IS PROBABLY SOMETHING THAT IS, THAT'S REALLY HELPFUL TO, YOU KNOW, CONSIDER AS WE LOOK [01:05:01] IN, IN THAT, TO MAKE SURE THAT WE'RE SENDING SIGNALS TO, YOU KNOW, HELP AVOID THIS IN, IN THE FUTURE. UM, 'CAUSE YOU'RE RIGHT, THIS ISN'T WHERE ANYONE WANTS TO BE, UH, IN, IN THE, YOU KNOW, IN REPEAT. WE WANT THIS TO BE AS LIMITED AS POSSIBLE. UM, AND YOU KNOW, THE, THE ONLY THING THAT I'LL, I'LL JUST ADD ON, 'CAUSE A LOT OF FOLKS HAVE SAID GOOD THINGS ALREADY, UM, IS AS YOU'RE LOOKING AT THIS, WE ALSO HAVE TO TAKE INTO ACCOUNT THAT THE LOAD FORECAST MAY CHANGE SOME, AS SOME OF THE SENATE BILL SIX CRITERIA ARE IMPLEMENTED. AND SO WHILE, YOU KNOW, LOOKED A LOT AT DAN'S SLIDE FROM THE BOARD MEETING AND THAT, THAT'S HELPFUL, UM, YOU KNOW, THERE ARE A FEW THINGS IN THERE THAT I HAVE TO, I HAVE TO PRESUME THAT MAYBE SOME OF THAT WON'T HAPPEN AT QUITE THE SAME WAY THAT IT'S PROJECTED. AND LIKE I NOTICED THERE'S A, A VERTICAL CLIFF THAT SEEMS LIKE IT'S GONNA HAPPEN IN THE NEXT COUPLE WEEKS OF ABOUT A GIG, GIG AND A HALF. AND I, I AM NOT AWARE OF A BIG FLIP, UH, SWITCH THAT'LL FLIP ON ALL AT ONCE. MY GUESS IS THAT'LL COME IN A LITTLE BIT MORE GRADUALLY. THE CRYPTO LOAD, YOU KNOW, IF YOU LOOK IN THE PAST, IT SEEMS LIKE IT'S A LOT MORE PRICE RESPONSIVE IN THE FUTURE. IT SEEMS LIKE IT'S MORE STEADY. SO THERE'S PROBABLY SOME OPERATIONAL CONSIDERATIONS THERE, BUT, UM, JUST ENCOURAGE THAT, YOU KNOW, AS, AS, AS WE LOOK AT WHATEVER THE NEW 1315, UH, POSTERIOR COMMENTS LOOK LIKE, THAT WE, UM, WE ALSO TAKE IT INTO ACCOUNT HOW MUCH IS ACTUALLY NEEDED AS, UH, AS WE SHARPEN THE PENCIL. BRIAN, UH, KEITH, I, I APPRECIATE YOUR, UM, ACKNOWLEDGEMENT OF HOW CONTROVERSIAL, UH, OF, OF TOPIC THIS IS OF, OF, UH, ERCOT PROCUREMENT OF CAPACITY. UM, YOU SAID SOMETHING THAT, YOU KNOW, I WANT STAKEHOLDERS TO BE CONSTRUCTIVE. YOU MENTIONED, UH, EXIT STRATEGY, SO I'M TRYING TO THINK ABOUT WHAT THAT LOOKS LIKE. UM, DO YOU HAVE ANY MORE COLOR AROUND THAT CONCEPT? WELL, I, I THINK, YOU KNOW, OBVIOUSLY EVERY SCENARIO MAY BE DIFFERENT, BUT I THINK THE ULTIMATE EXIT STRATEGY IN THIS CASE IS THE 7 65, RIGHT? BUT THERE MAY BE SOME INTERIM THINGS ALONG THE WAY, BUT I THINK AT THIS POINT WHAT WE WANTED TO BE WAS CLEAR THAT IF WE WERE TO DO SOMETHING LIKE THIS, WE DON'T WANT AN, AN OPEN, LIKE, WELL, WE'LL FIGURE IT OUT LATER, RIGHT? I THINK THERE IS A PATH FORWARD, UH, EVENTUALLY. AND I THINK WHEN WE THINK OF THE FAR WEST, YES, THERE WILL BE 7 65, YES, IT WILL HELP THIS SITUATION. IT'S NOT HERE, THERE IS GOING TO BE A GAP IN TIME. AND AND THAT'S WHAT THE GAP WE'RE TRYING TO COVER. WE'RE NOT TRYING TO SAY, HEY, WE NEED 10 YEARS OF THIS STUFF. NO, WE'RE TRYING TO COVER THE GAP. KIND OF A COROLLARY FOR ME THEN IS TO THINK ABOUT THIS LIKE THE, UM, THE BRO RMR OR THE LIFECYCLE POWER UNITS WHEN THEY, UH, WHEN THE TRANSMISSION UPGRADES ARE COMPLETE. AND THAT'S WHEN WE EXPECT THOSE TO GO AWAY. UM, I, I GUESS, UH, ANOTHER, UH, QUESTION I HAD JUST AS I WAS LISTENING TO THIS CONVERSATION WAS THE LOAD SHED, UH, FOR PRICING WOULD BE INITIATED BY THE TO AND NOT ERCOT. AND SO UNDERSTANDING HOW WE CAN HAVE A DIGITAL RECORD OF WHEN THAT, UH, THAT LOAD SHE OCCURS SO THAT WE CAN INCLUDE IN PRICING IS A BIG QUESTION MARK FOR ME. 'CAUSE I DON'T THINK THAT EXISTS NOW. SO TRYING TO TACKLE THAT I THINK IS GONNA BE AN IMPORTANT PART OF THE SOLUTION. WELL, THANK YOU FOR YOUR FEEDBACK. OKAY, KENT, THANKS KENT. WITHROW WITH CUSTOMIZED ENERGY SOLUTIONS. BRIAN'S QUESTION MAY HAVE COVERED THIS, BUT I JUST WANT TO CONFIRM. WHEN YOU'RE TALKING ABOUT YOUR, YOUR UPDATES ARE GOING TO COVER EXIT STRATEGY, YOU'RE TALKING ABOUT EXITS FROM THE CONTRACTS THEMSELVES. UM, YOU MENTIONED GTCS, AND I JUST WANNA MAKE SURE YOU'RE NOT TALKING ABOUT GTC EXIT STRATEGIES. CORRECT. THIS WAS NOT A GTC EXIT STRATEGY. THIS WAS FOR THE SPECIFIC CONTRACTS THAT WERE BEING SIGNED TO ADDRESS THE WHATEVER ISSUE THAT WE'RE, WE'RE DEALING WITH. GOTCHA. THANK YOU. THANK YOU, SMI. UM, SO JUST TO CLARIFY, WHEN WE, WHEN YOU SAY CHANGING 1315 FROM SYSTEMWIDE TO LOCAL, THE, UH, YOU ARE LOOKING AT THE NEED LOCALLY, BUT ARE YOU ALSO THEN, UH, IN THE, UH, PROTOCOL LANGUAGE SAYING THE DEPLOYMENT WILL ONLY BE FOR THE LOCAL AS WELL? I MEAN, DURING AN EMERGENCY, HOW THESE RESOURCES PARTICIPATE WILL ALSO HAVE IMPACT ON THE MARKET? UH, I DON'T HAVE THE SPECIFIC PROTOCOL LANGUAGE MEMORIZED, SO I DON'T KNOW THAT I CAN ANSWER THAT QUESTION OTHER THAN SAY THE PROCUREMENT IS, THIS IS JUST THE CONDITION THAT, THAT MAY BE SOMETHING WE NEED TO LOOK INTO. [01:10:01] UH, THEN THE SECOND QUESTION IS, UH, YOU, THERE WILL BE, I THINK AS, UH, SOME OTHERS HAD SAID EARLIER, LIKE FLEXIBLE LOADS WHO CAN PARTICIPATE. SO, UH, THE THOUGHT COULD BE LIKE DR OR UH, GEN WHATEVER IS AVAILABLE, RIGHT? IT IT COULD, YES. THERE, THERE COULD BE A MULTIPLE MULTITUDE OF SOLUTIONS. UH, AND WE ARE OPEN TO A VARIOUS SET OF OPTIONS. UH, SO IF I UNDERSTAND CORRECTLY, 1315 IS LIKE THE RMR RESOURCE. SO THE OFFERS WILL BE AT THE CAP SYSTEM WHERE OFFER CAP FOR THESE RESOURCES, RIGHT? THAT IS MY UNDERSTANDING AS WELL. SO IF THAT IS THE CASE AND WE ARE USING IT FOR LOCAL CONGESTION, IT MAY NOT WORK BECAUSE THE MAC SHADOW PRICE IS AT 5,000. SO ARE YOU LOOKING AT REDUCING THE SYSTEMWIDE CA UH, CAP OFFER OF, FOR THOSE RESOURCES OR INCREASING THE MAC SHADOW PRICE FOR THOSE CONSTRAINTS? AGAIN, SOMETHING, SOMETHING THAT WE'RE AWARE OF BUT IS NOT IN THE PRESENT LANGUAGE. OKAY. BECAUSE THOSE THINGS CAN HAVE A SIGNIFICANT IMPACT ON LOCAL PRICING AND SYSTEM-WIDE PRICING AND HOW IT IMPACTS THE MARKET. SO CHANGING FROM SYSTEM TO LOCAL MIGHT HAVE UNINTENDED CONSEQUENCES. APPRECIATE THE COMMENTS. YEAH, I, YOU KNOW, I DEFINITELY DON'T WANT TO CUT DISCUSSION ON THIS, BUT I WANNA MAKE SURE IT'S PRODUCTIVE. UM, SO, SO KEITH, I, I KNOW EVERYBODY TAKES MINUTES AND NOTES. I JUST, YOU'VE GOTTEN A LOT OF SPECIFIC RECOMMENDATIONS. UM, CAN WE FEED THIS INTO KENNETH SOMEHOW FOR, FOR NEXT STEPS? I DON'T KNOW IF THAT'S A WORKSHOP OR A OFFLINE WORKING GROUP. 'CAUSE A A LOT OF THESE, UM, YEAH, ARE ARE GOOD SUGGESTIONS AND THEY'RE, THEY'RE VERY SPECIFIC AND I THINK THEY ARE THINGS THAT EVERYBODY WILL WANT TO SEE ADDRESSED. AND, AND AGAIN, YOU, YOU KNOW, TO THE EXTENT THAT WE CAN ADDRESS SOME THINGS. ABSOLUTELY. UM, YEAH, I CAN'T PROMISE EVERYTHING, BUT I THINK IT'S ALWAYS GOOD TO HEAR WHAT PERSPECTIVES ARE AND WHAT CAN AND CAN'T BE DONE IN THE TIMELINES. BUT, YOU KNOW, WE'RE HAPPY TO, HAPPY TO LISTEN AND I AGREE THIS IS, IT'S NICE TO HEAR THEM NOW, BUT, UM, THERE'S PERHAPS OTHER FORUM TO ADDRESS THAT AS WELL. YEAH, I THINK WE'LL CONTINUE TO HEAR THEM, BUT I THINK MAYBE ERCOT SHOULD BE THINKING ABOUT THE, THE BEST WAY TO ADDRESS THESE, ESPECIALLY ON THE CONDENSED TIMELINE. UM, YOU KNOW, IT DOESN'T GIVE BLAKE VERY MANY WMS MEETINGS, SO I DON'T KNOW IF WE HAVE TO DO, YOU KNOW, A WORKSHOP OR IF YOU CAN HAVE LIKE A OFFLINE GROUP WITH, WITH KIND OF THESE STAKEHOLDERS. UM, BUT I THINK BE THINKING ABOUT THAT. I KNOW, I KNOW KENNETH IS TAKING NOTES OVER IN, IN THE BACK AND WE'LL, WE'LL, UH, WE'LL, UH, RE REGROUP AND, AND SEE WHAT, WHAT WE CAN DO AS WE MOVE FORWARD. SO THANK YOU. OKAY, GO AHEAD IAN. THANK YOU. AND HAILEY MORGAN STANLEY. UM, KEITH, I UNDERSTAND, UH, YOUR DESIRE TO ENSURE THAT THINGS LIKE THIS DON'T HAPPEN. I WILL SAY THOUGH, THAT ERCOT REPEATED ACTIONS OVER THE PAST FEW YEARS HAVE MADE THE MARKET THINK THAT ERCOT WILL LET MARKET FORCES WORK. UM, AND SO, UM, IF ERCOT TRULY DESIRES THAT WHEN THEY ARE DOING THESE TYPES OF THINGS NOW IT NEEDS TO COME COMPLETE WITH THE, UM, PORTION THAT IMPACTS THE MARKET. UM, UH, THE, UM, THERE'S THE, UH, CONSUMER RESIDENTIAL DR PROGRAM I THINK IS A PERFECT EXAMPLE OF THIS. UM, IF YOU DON'T COME WITH THE COMPLETE PACKAGE OF SAYING, HERE'S HOW WE CAN BACK IT OUTTA MARKET SIGNALS, UM, YOU'RE ALWAYS GOING TO SHOW THE MARKET AND MAKE THE MARKET THINK THAT YOU'LL NEVER BE WILLING TO LIVE WITH MARKET SIGNALS AND THEREFORE YOU'RE NEVER GONNA HAVE, UM, PRICES, UH, MOVE TO WHERE THEY SHOULD BE BECAUSE THERE'S ALWAYS THE EXPECTATION THAT ERCOT WILL PUT THEIR THUMB ON THE SCALE. ALRIGHT, THANK YOU AGAIN. OKAY, GO AHEAD SETH. YEAH, JUST ONE LAST THING. SO IS THIS ALSO PART OF THE SOLUTION? IS IT ALSO TIED TO THE MARKET NOTICE THAT WENT OUT YESTERDAY ABOUT NON-SOLAR CASES BEING USED TO INTEGRATE LOAD? SO IS THERE, IS THERE SORT OF A SUGGESTION HERE THAT MAYBE SOME LOAD WENT THROUGH THAT WASN'T, UH, THE, THE GRID WASN'T REALLY ABLE TO SERVE OR READY TO SERVE? UH, I WILL SAY I DID NOT SEE THE MARKET NOTICE WENT OUT YESTERDAY, SO I CAN'T COMMENT ON IT. I APOLOGIZE. I DIDN'T SEE IT. OKAY. OKAY. OKAY. OKAY. UM, [01:15:03] WHAT, GO AHEAD, MARTHA. SORRY. WE, WE'VE BEEN CHATTING HERE ABOUT WHERE THE NEXT DISCUSSION VENUE FOR THIS IS, AND I APPRECIATE COREY'S HELP HERE, BUT THE RECORD SEEMS TO SHOW THAT THE NPR IS TABLED AT PRS. WHAT, WHAT I'M NOT AS CLEAR ABOUT IS WHETHER WMS IS TAKING IT UP FOR FUN. SO IF SOMEBODY CAN HELP WITH THAT PIECE. WELL, I BELIEVE THIS WAS A WEIRD THING WHERE IT WAS AT PRS TWICE. AND SO THE SECOND TIME YOU SAID IT DIDN'T NEED A MOTION TO JUST BE REFERRED, IT WAS LIKE, YOU KNOW, THE SPECIAL CHAIR POWER THAT'S EXACTLY RIGHT. CHAIR. IT WAS ALREADY TABLE. SO IS AT WMS, IT WAS REFERRED AT THE LAST PRS TWO WMS, ALL OF THE WMS CHAIR SPEAK TO HOW MUCH FUN HE PLANS TO HAVE WITH IT. BUT YEAH, LOTS OF FUN. UM, IT IS ON OUR NEXT AGENDA. WE ARE PLANNING ON TALKING ABOUT IT. HOWEVER, NEWS TO ME ABOUT THE, THE RUSH ON TIMELINES. UM, SEEING, SEEING LANGUAGE A WEEK AHEAD OF TIME, HOPEFULLY WE GET IT TODAY. UH, WE JUST ENCOURAGE FOLKS TO QUICKLY DOWNLOAD THAT AND COME PREPARED TO DISCUSS. UM, I, WE ONLY HAVE TWO TOUCH POINTS TO, TO MEET THIS TIMELINE. SO, UM, I ANTICIPATE LONG DISCUSSIONS. HOPEFULLY WE CAN GET THERE. WE'LL TRY, BUT, UH, WE'LL DO OUR BEST. I I DO WANNA STRESS THAT I THINK WE'RE REALLY, WE'RE, WE SEE THIS AS COLLABORATIVE, BUT THERE IS THAT RELIABILITY TIMELINE THAT'S TICKING AND, AND SO IT'S UNFORTUNATE THAT, UH, IT'S JUST UNFORTUNATE THAT THAT'S WHERE WE ARE RIGHT NOW. AND AS MUCH AS WE WOULD LIKE TO AVOID IT, WE, WE ARE WHERE WE ARE. THANKS. YEAH. AND COMPLETELY RESPECT THAT. AND WE'RE ALL, WE ALL STAND READY TO WORK AND COLLABORATE WITH Y'ALL, BUT I WOULD RECOMMEND A BACKUP PLAN IF, IF WE CANNOT MAKE, GET TO A DECISION BY TWO WMS MEETINGS. SO I JUST THINK ABOUT THAT. I I WOULD NOTE THAT WHAT, WHAT WE DON'T WANT TO HAVE TO DO IS, IS A LIFECYCLE TYPE SITUATION, RIGHT? WHERE THERE'S A EXCEPTION, WE NEED TO DO THIS, WE NEED TO MOVE FORWARD, WE WANT TO AVOID THAT. AND SO IF YOU'RE TALKING ABOUT BACKUP PLANS, THAT LIFECYCLE SITUATION IS KIND OF THE POSTER CHILD, THE BACKUP PLAN. YEAH. I'LL CLARIFY. I'M TALKING ABOUT, UM, TOUCH POINT, BACKUP PLAN IF TWO MEETINGS AREN'T ENOUGH. YEAH. WE NEED TO HAVE A PLAN. IF YOU NEED MORE MEETINGS, THAT'S FINE. WELL, THAT'S WHAT I WHY I WANTED YOU TO BE THINKING OF, OF HOW YOU WANT TO HANDLE THIS. 'CAUSE THESE ARE VERY, I DON'T WANNA SAY TECHNICAL, BUT THERE'S, THERE'S SPECIFIC RECOMMENDATIONS AND, AND REAL CONCERNS. AND I DON'T THINK THAT ALL OF, LIKE, EVEN THE NINE THAT GOT RAISED TODAY, THAT THAT CAN'T, THOSE CAN'T GET RESOLVED IN TWO WMS MEETINGS. SO I DON'T KNOW IF IT'S A, A WORKSHOP OR A OFFLINE WORKING GROUP OR, I, I DON'T KNOW. THANK YOU. BECAUSE I THINK, RIGHT, WE, THERE'S TWO WMS MEETINGS. I THINK WE'D WANT THIS AT TWO TAC MEETINGS. YOU, YOU KNOW, LUCKILY ENOUGH WE HAVE SPECIAL TECH MEETINGS. UM, BUT I THINK YOU SHOULD JUST HAVE A PLAN FOR WORKING WITH STAKEHOLDERS. IT'S NOT JUST, YOU KNOW, AN HOUR AND A HALF OF DISCUSSION AT TWO WMS MEETINGS. WELL, AND, AND I THINK THAT IT, IT MAY HAVE TO EVOLVE, RIGHT? I THINK YEAH, THAT'S FINE. I MEAN IT, HEY, IF WE, WE, IF YOU COME AND YOU SAY WE LOVE YOUR NPR AND YOU PASS IT AT THE NEXT WMS, THEN OKAY, WE'RE DONE. RIGHT? I, I THINK THAT'S PROBABLY HIGHLY UNLIKELY. UM, AND THERE'S LIKELY TO BE SOME, BASED ON THE DISCUSSION TODAY, THERE'LL BE SOME, UM, BACK AND FORTH. BUT, UH, WE'RE ALSO WORKING WITH OUR OWN TIME CRUNCH HERE, RIGHT? SO, UH, WE HAVE A WINDOW OF OPPORTUNITY AND IF THAT MEANS WE STAY LATER, START EARLIER, HAVE AN EXTRA MEETING, WE'RE, WE'RE GONNA BE THERE TOO. THANKS. OKAY. SO YOU'LL HAVE COMMENTS OUT IN THE NEXT TWO DAYS. BLAKE HAS A WMS MEETING ON, UM, MARCH 4TH, WHERE THEY WILL TALK ABOUT O-B-D-R-R 55 AND 1315 AND WHATEVER ELSE WAS ALREADY ON THEIR AGENDA. AND WE WILL TAKE IT FROM THERE. WE CAN CHECK IN MAYBE AT MARCH TECH. OKAY. GO AHEAD, IAN. UH, IAN HALEY, MORGAN STANLEY. UM, CHAIR, RESPECTFULLY, I KNOW WHAT YOU'RE TRYING TO DO BY, UH, SAYING THINGS LIKE CLOSED SESSIONS, BUT I REALLY THINK I DIDN'T SAY CLOSED SESSION OR CLOSED MEETINGS OR, UH, OFFLINE. OFFLINE. SORRY. MY APOLOGIES. UM, MY BELIEF IS THAT THE STAKEHOLDER PROCESS WORKS SO WELL BECAUSE IT IS SO, UM, OPEN AND IT ALLOWS FOR SO MANY PEOPLE TO PARTICIPATE. UM, SO UNDERSTAND IF THERE NEEDS TO BE ADDITIONAL MEETINGS SCHEDULED, ET CETERA. THAT'S SOMETHING I ADVOCATED FOR IN THE BATCH STUDY PROCESS. UM, BUT I'D BE VERY OPPOSED TO, UM, ONLY PARTICULAR PARTIES BEING INVITED. WE'VE HAD [01:20:01] REALLY, REALLY HEATED CONVERSATIONS AT THIS ROOM, OR, WELL, IT WAS THE FORMER ROOM TOO, ABOUT WHEN ERCOT ONLY WENT TO CERTAIN GROUPS TO TELL THEM INFORMATION, SO, OKAY. I'M, I'M TOTALLY FINE WITH THAT. I'M FINE WITH A, A WORKSHOP. I JUST THINK WE HAVE A LOT OF WORKSHOPS, SO, UM, BUT I'M, I'M FINE WITH, WITH TAKING THE HEAT ON THAT ONE IF, IF WE NEED ANOTHER WORKSHOP. SO YOU CAN BLAME ME, BLAKE, BUT THAT MIGHT, THAT MIGHT BE A GOOD IDEA IN THIS CASE, A HALF DAY WORKSHOP OR SOMETHING. YEP. IF WE NEED TO DO THAT. ABSOLUTELY. OKAY. ALRIGHT. ANYTHING ELSE FOR KEITH? YES, I HAVE ONE MORE. SO THAT WAS THE ONLY NUMBER TWO. UM, AND SO NUMBER THREE, YOU'RE, YOU'RE LIMITED TO TWO . OKAY. WELL, I, I CAN, IF YOU NOT WANT ME TO SAY IT, I CANNOT SAY IT. UH, I, I THINK THAT IN THE SPIRIT OF IAN'S COMMENTS, PLEASE, PLEASE SHARE WITH US. THE, THE THIRD PIECE, UH, THAT I WANTED TO RAISE, AND THIS IS RELATED AGAIN, TO OUR FAR WEST SITUATION, IS THINKING ABOUT ALL THE TOOLS AVAILABLE IN THE TOOLKIT. UH, AND, UH, THINKING ABOUT THE ANALYSIS WE HAVE ONGOING WITH CHARLES RIVER ASSOCIATES ON, UH, THEIR EVALUATION. UH, THERE IS THE, YOU KNOW, I THINK WE ARE WORKING ON AN ERS UPDATE AND AN NPR THAT WILL HOPEFULLY, UH, WE'LL SEE IN, UM, I THINK THE APRIL TIMEFRAME. AND I THINK THERE'S AN OPPORTUNITY HERE AS WELL, UM, TO CONSIDER WHAT ERS OPTIONS, UM, MIGHT EXIST AS ANOTHER TOOL IN A TOOLKIT TO HELP ADDRESS, UH, ISSUES IN, IN THE FAR WEST. UH, WE ARE WORKING ON SOME, SOME MODIFICATIONS THAT WOULD ALLOW FOR A LO A LOCAL PROCUREMENT AND LOCAL DEPLOYMENT, UH, AS WELL AS, UM, AN ENHANCEMENT TO THE, UH, WHAT WHAT WE WOULD SEE AS A, UH, DEPLOYABILITY MEASURE, UM, UH, ON, YEAH, DEPLOYABILITY MEASURE IS MAYBE THE BEST WAY TO SAY IT. UH, ADVERB WE CAN CREATE, GO AHEAD. WE CAN CREATE WORDS, UH, IN, IN THE TACK HERE. UH, BUT, BUT THOSE ARE THE THINGS THAT WE'RE THINKING ABOUT IS, UM, AND, AND THINKING ABOUT HOW WE WOULD, UM, CRAFT SOMETHING THAT COULD BE A SOLUTION TO ASSIST IN, IN THE FAR WEST SITUATION. SO THAT'S SOMETHING THAT'S, UH, WE'RE WORKING ON AND, UH, WE'D LIKELY SEE IN, IN THE APRIL TIMEFRAME. NOW, THE, THE, THE TIMELINE WE WOULD SEE ON THAT IS, IS NOT JUNE. UH, SO WE DON'T SEE IT AS JUNE. BUT, BUT AGAIN, AS PART OF THE PRIORITY SET OF SOLUTIONS FOR THE FAR WEST, THERE'S, THERE'S THE POTENTIAL FOR SOMETHING LIKE THIS TO, TO AID IN THAT. SO WE, WE SEE IT AS IF WE CAN GET SOME, SOME VALUE AND THERE'S SOME POTENTIAL OPTIONS, THIS COULD BE A PART OF THAT. SO, UH, WE'LL, WE'LL HAVE FURTHER FURTHER DEVELOPMENT, BUT, UH, JUST WANTED TO GIVE FOLKS A HEADS UP. OKAY, SO THIS IS PROBABLY A, COMES TO US IN APRIL, AND I THINK YOU WOULD WANT THIS SEPTEMBER BOARD, IT, IT WOULD BE SOMETHING MORE FOR THE, THE FALL. SO SEPTEMBER WOULD WOULD BE A, A TIMELINE THAT, THAT COULD POTENTIALLY WORK. OKAY. UM, LET'S TALK TO BLAKE AND MARTHA. I DON'T KNOW IF IT WOULD BE AN ACTION ITEM, BUT LET'S, 'CAUSE YOU'RE WEAVING THIS PRICE FORMATION THREAD THROUGH MULTIPLE CONVERSATIONS, SO LET'S MAKE SURE THE THREAD STAYS ALIVE. AND WE'RE KIND OF CHECKING IN ON, NOT JUST ARE WE PASSING THESE NPR, BUT HAVE WE KIND OF CONTINUED TO TALK ABOUT WHAT WE, WHAT WE NEED TO TALK ABOUT ON, ON PRICE FORMATION. DOES THAT MAKE SENSE? AND MAYBE, AND MAYBE IT IS AN ACTION ITEM, BUT LET'S, LET'S TALK ABOUT, LET'S HAVE THAT DISCUSSION. OKAY. UH, LET'S GO TO IKA. YEAH. THANKS FOR THAT UPDATE KIT. THAT'S REALLY GOOD TO KNOW. THE ONE THING I WANNA REMIND EVERYBODY, THIS IS REALLY JUST STAFF'S POSITION IN THE AS STUDY WE DID, THERE WAS A FINDING SEVEN B ADDRESSING ERS, AND, UH, IT REALLY REQUIRED ERCOT TO PERFORM A HOLISTIC REVIEW OF ALL THE EXISTING AND POTENTIAL VOLUNTARY AND EMERGENCY RELATED DR PROGRAMS. SO OUR SUGGESTION IS, UH, ALL, ANY DEMAND RELATED REVISION REQUESTS SHOULD WAIT AT LEAST FOR THAT, UH, REPORT TO BE COME OUT. BUT WHAT I'M HEARING IS IT'S GONNA BE CONCURRENT, AT LEAST YOU ARE NOT GONNA, THE, THE IDEA IS THAT THE REPORT, WHEN WE DROP THE REPORT, WE CAN DROP THE NPR CONCURRENTLY WITH THAT. OKAY. THANK YOU. YEP. OKAY. UH, GENERAL [01:25:01] SUB GENRE SUBD WITH TIEC, DOES THE NPRR OR THE CONTEMPLATED NPRR, IS IT ALSO GOING TO IMPLEMENT SOME OF SENATE BILL SIX IN THE LONG LEAD TIME? UM, DEMAND RESPONSE PROGRAM? NO. OKAY. THAT'S ON A SEPARATE TRACK. COULD YOU EXPLAIN WHY? 'CAUSE IT SEEMS LIKE IT WOULD GO HAND IN HAND WITH REDEFINING ERS. UH, IT'S, I THINK, YOU KNOW, PART OF, PART OF THE REASON WHY WE'VE, WE'VE CHOSEN NOT TO DO IT HAND IN HAND IS THE TIMING, UM, OF, OF THAT. AND WE, WE THINK THAT THAT THERE IS THE, THE OTHER, UM, PROCESS THAT, THAT IS UNDER, UH, AS I UNDERSTAND THAT'S SOMETHING THAT, THAT THE COMMISSION IS GONNA WORK ON. SO, UH, NOT TO SAY THAT IT COULD CONNECT AT SOME LATER, FUTURE POINT, UH, BUT I THINK THE TIMING IS, IS A BIT DIFFERENT IN THIS CASE. CAN I ANSWER THAT KANAN? YEAH. WE HAVE PROJECT 5 8 4 8 2 THAT SPECIFICALLY IS GONNA ADDRESS THAT PROGRAM AND WE ARE ABOUT TO KICK IT OFF IN THE NEXT COUPLE OF WEEKS OR MONTHS. I DUNNO, . OKAY. ERIC GOFF, UM, THAT REPORT THAT IKA MENTIONED, I THINK LAST WE HEARD IT WAS GONNA BE PUBLISHED IN JANUARY. UM, DO YOU KNOW THE TIMING OF IT? YEAH, WE ARE, WE ARE PLANNING TO HAVE THAT REPORT AVAILABLE IN ADVANCE OF THE APRIL BOARD MEETING. OKAY. AND SO IT WILL BE AT LEAST A WEEK BEFORE THE BOARD MEETING, IF NOT A LITTLE SOONER. OKAY. SO DEFINITELY NOT FEBRUARY OR MARCH. DEFINITELY NOT FEBRUARY OR MARCH. OKAY. OKAY. MARTHA? YEAH. THANK YOU. UM, MARTHA HENSON SPEAKING ON BEHALF OF ENCORE. I, I JUST WANTED TO SAY THANKS TO KEITH FOR LIKE REALLY DIGGING DEEP INSIDE THINGS THAT ARE PENDING OR THAT COULD BE DONE IN THE NEAR FUTURE TO ADDRESS THE CHALLENGES THAT WE HAVE IN WEST TEXAS. UM, ENCORE SEES THIS ISSUE TOO. IT'S NOT BASED ON A LOAD FORECAST, IT'S ACTUALLY BASED ON CUSTOMERS THAT HAVE SERVICE TODAY THAT ARE APPROVED TO RAMP UP IN THE VERY NEAR FUTURE. SO THE CHALLENGE IS IMMINENT, AND IF WE DON'T USE ALL THE TOOLS IN THE TOOLBOX AND TRY TO ACCELERATE THE THINGS THAT WE HAVE CONTROL OVER, IT'S GONNA BE REAL BAD. SO I JUST WANTED TO SAY THANKS TO KEITH FOR THINKING ABOUT THIS. I KNOW HE'S LAID OUT SOME THINGS THAT ARE GONNA BE REAL CHALLENGING FROM A TIMELINE STANDPOINT, BUT I HOPE FOLKS WILL COME TO THE TABLE AND BE COMMITTED TO HELPING LOOK AT SOLUTIONS THAT CAN GET US THROUGH THE NEXT FEW YEARS. THANKS. THANKS, MARTHA. OKAY. DO YOU HAVE A FOURTH ITEM? NO, THAT IS IT FOR ME TODAY. THANK YOU VERY MUCH. ALL RIGHT, THANKS, KEITH. OKAY. UM, MATT MARINAS, YOU HAVE TO, YOU HAVE TO FOLLOW THAT. SO, UM, WE'LL, WE'LL SEE YOUR PRESENTATION NOW. YEAH. SEE IF I CAN PROVIDE SOME RELIEF AND TALK ABOUT SOMETHING EASY. UM, SO THE LARGE LOAD INTERCONNECTION, THERE'S ALL THINGS LARGE LOAD. HA HA HA. I KNOW IT TOOK A MINUTE. UM, SO THERE'S THIS SLICE OF LARGE LOAD, WHICH IS THIS LARGE INTERCONNECTION PROCESS, AND WHAT DOES IT LOOK LIKE TO MOVE IT FORWARD? AND IF CHAIR ALLOWS, I'M GONNA ACTUALLY SPEND ABOUT 10 MINUTES TO JUST KIND OF UNPACK, BECAUSE WE'RE ASKING A LOT ATTACK AND STAKEHOLDERS OVER THE NEXT 12 WEEKS. AND SO I WANTED TO SAY WHAT THE PROBLEM IS, HOW WE'RE TRYING TO ADDRESS IT, AND WHAT Y'ALL'S PART IS. OKAY. SO JEFF HAS BEEN, AND JEFF CAN TALK, TALK TO THIS SLIDE BETTER THAN I CAN, BUT I'LL JUST GIVE IT THE 32ND SHOT. IT IS THE IDEA THAT THE CURRENT BATCH PROCESS AND WHAT, WHAT WE'RE INTRODUCING IS THAT LARGE LOADS TODAY, OVER 75 MEGAWATTS THAT WANT TO INTERCONNECT TO THE SYSTEM, ENTER A STUDY WITH THE TSP, IT COMES INTO ERCOT, STUDIES ARE GOING ON, AND THEN ANOTHER NEIGHBORING LOAD SHOWS UP AND ANOTHER NEIGHBORING LOAD SHOWS UP. AND ALL OF A SUDDEN NOW WE HAVE AN OVERSUBSCRIBED AREA. AND SO THESE PANCAKE OR STACKING EFFECT CREATES A NEED TO UD TO SAY, CAN I ACTUALLY HOLD ALL THREE OF THESE NOW? SO THAT LOOP IS THAT RED, YOU KNOW, SWIRL IN THE MIDDLE. THERE IS, WE'RE STUCK AND WE NEED A WAY TO GET UNSTUCK. AND SO THE IDEA IS WHETHER OR NOT WE BATCH THE PROCESS TOGETHER, USE SOME AREAS, CALL IT CLUSTER AND CALL IT WHAT YOU WILL. BUT THIS IS A SYSTEM-WIDE PROCESS ACROSS ERCOT TO SAY, TAKE EVERYTHING THAT'S IN THE QUEUE, RUN IT THROUGH A SET OF CRITERIA AND SAY THAT IS WHAT WILL BE STUDIED. AND THAT BECOMES THE ANSWER FOR THAT WAVE. AND THEN WE GO TO ANOTHER BATCH. AND SO WHAT WE'VE BEEN TALKING ABOUT WITH MARKET PARTICIPANTS IS, IF WE WERE TO IMPLEMENT SOMETHING LIKE THAT, WHAT DOES IT LOOK LIKE? AND SO WE PITCH THIS IN JANUARY. THIS IS A BIG OUTREACH. I'VE NEVER BEEN INVOLVED IN SOMETHING LIKE THIS, BUT WE TALKED [01:30:01] TO 60 DIFFERENT COMPANIES. CLOSEST THING I'VE EVER BEEN TO SPEED DATING. AND WE HEARD THEIR STORY. WHAT'S THE ISSUES, WHAT'S THE PROBLEMS? THESE ARE LANDOWNERS. THESE ARE, UM, YOU KNOW, SOFTWARE COMPANIES. THESE ARE, YOU KNOW, IT'S, IT IS EVERYBODY. IT'S, IT IS NOT THE TYPICAL, IT'S NOT ALL Y'ALL, IT'S ALL THESE OTHER FOLKS TOO. UM, AND THEN WE HAD OUR FIRST BATCH WORKSHOP. AND SO THE PEOPLE THAT SHOWED UP ON FEBRUARY 3RD, WE HAD 175 IN THE ROOM. SO EVERY SEAT WAS FILLED. WE HAD 600 PEOPLE ONLINE AND THEN SAID, OKAY, LET'S SEE HOW THIS GOES. AND AT POINTS WE HAD 30 PEOPLE IN THE QUEUE READY TO ASK A QUESTION. UM, AND SO WE'RE TRYING TO AVOID PROJECT SPECIFIC THINGS. WE'RE TRYING TO STAY ON POLICY THINGS, BUT WHEN YOU HAVE EVERYONE WITH DIFFERENT INTERESTS AND DIFFERENT LEVELS OF, UM, KNOWLEDGE IN THE SYSTEM, IT'S, IT'S COMPLICATED. SO WE DID GET WRITTEN COMMENTS IN, UH, WE'VE BEEN OPEN ABOUT RUNNING SURVEYS AND GETTING FEEDBACK. AND SO OVER TO THE RIGHT IS WHAT WE'VE HARVESTED SO FAR IS THIS SWEET SPOT OF PEOPLE HOPE THAT ERCOT CAN WORK WITH THE TSPS TO FORMULATE A WAY TO RUN THIS PROCESS EVERY SIX MONTHS. AND THAT WAY YOU COULD GET THESE WAVES GOING TWICE A YEAR, AND THEN THAT WOULD HELP INVESTMENT SIGNALS THAT WOULD GIVE ENOUGH TIME FOR STUDYING. BUT IT'S A BIG BALANCING ACT. UM, YOU KNOW, IT, IT'S FUNNY WHEN WE RUN THIS SURVEY, IT'S LIKE, WELL, DO YOU WANT THIS OR THAT? AND THE ANSWER IS BOTH. SO WE, WE ARE NOT GETTING A LOT OF, UM, WHAT DO YOU CALL IT, ABSOLUTES ON EITHER SIDE. THERE'S A LOT OF COMPROMISE AND GIVE AND TAKE IN THIS. SO I WON'T GO THROUGH ALL THESE BECAUSE THEY'RE AT THE WORKSHOP TOMORROW, BUT HERE'S, HERE'S Y'ALL'S ROLE. AND THE BAD NEWS IS, I WAS JUST EMAILING SANDEEP UNDER THE TABLE HERE A FEW MINUTES AGO. ERCOT BELIEVES THIS WILL BE AN NPR AND A PIGGER. SO NOW WE'RE GONNA HAVE A COUPLE OF . I KNOW, I, SORRY. I SAW THE, IT CREATES THE BENEFIT OF HAVING A PIGGER IS THAT THE DETAILS WILL LIVE WHERE ALL THE OTHER ACTIVITIES LIVE WITH IT. UH, WE HAD HOPED TO, AND MAY STILL GO BACK TO WHETHER OR NOT AN OVERARCHING NPR THAT JUST SAYS, THIS IS THE LAW OF THE LAND FOR BATCH ZERO, AND THAT'S WHAT'LL TRUMP EVERYTHING ELSE. BUT THE TEAM HAS BEEN ABLE TO START TO WEAVE THE STORY INTO IT. AND WE'VE CREATED AN EASIER WAY TO UNDERSTAND WHAT'S BEING IMPLEMENTED AND HOW. AND SO WHAT WE'RE LOOKING AT IS WE HAVE THIS WORKSHOP TOMORROW, AND THEN WE ARE DROPPING THE REVISION REQUESTS, WHICH ARE LIKELY AN NPR AND A PICKER. AND THEN WE HAVE A WORKSHOP THE FOLLOWING WEEK, THEN THERE'S A SPRING BREAK WEEK, AND THEN WE MEET EVERY WEEK FOR THE END OF MARCH AND INTO APRIL. AND THAT SETS THE STAGE FOR OUR SYMPATHIES TO EVERYONE THAT SPECIAL PRS INTACT MEETINGS AS NEEDED TO GET THIS WORK DONE. SO THAT IS THE ROAD TO THE FINISH, RECOGNIZING THAT IT'S NOT EASY. UM, BUT I THINK THAT WAS THE MAIN PIECE OF THE STAKEHOLDER PROCESS. AND THEN IN TERMS OF THE WORKSHOP, MY APOLOGIES, WE HAVE NOT POSTED MATERIALS YET. THEY'LL BE OUT AT FIVE O'CLOCK TODAY. WE, WE WANTED TO HAVE AT LEAST A DAY AHEAD FOR EVERYONE TO CHEW ON IT, BUT WE DIDN'T GET THERE. I'LL, I'LL JUST TAKE THE HIT ON THAT ONE. OKAY. UH, WHAT WE'RE GOING TO TALK ABOUT TOMORROW IS THE TIMELINE AND GOVERNANCE. LIKE WE'VE SEEN, HOW DO WE GET TO THE END GAME ON THIS? THEN THAT HELPS REMIND THE STAKEHOLDERS OF WHAT WE TALK ABOUT AND WHAT WE DON'T TALK ABOUT, UH, WHAT THE OVERALL SCOPE OF THE STUDY IS. SO AGENDA TWO IS WE'RE GONNA GO DEEP INTO HOW THE BATCH PROCESS, THE ASSUMPTIONS, THE MECHANICS OF THAT WORK, AND THEN A DEEP DIVE ON THE DESIGN ELEMENTS, WHICH IS ONE OF THE KEY PIECES IS HOW DOES THIS FIT INTO OVERALL TRANSMISSION PLANNING, UH, AND APPROVAL. SO THERE'S A DEEP DIVE ON THAT. AND THEN I DID KIND OF OPEN THE MICROPHONE UP TO IF THE MARKET PARTICIPANTS WANTED TO START TO PULL A THREAD, ONE OF THE THINGS THAT THE PUC DID NOT, UM, WHAT THEY ENCOURAGED AND DID NOT ENCOURAGE, WHICH IS THE ABSOLUTE WAS GET TO, SORRY, PUC GUIDANCE IS THE PROPER TERM TO COME BACK ON JUNE 1ST WITH BOARD CONSIDERATION APPROVAL OF A BATCH PROCESS OR BATCH ZERO PROCESS SPECIFICALLY. AND IF YOU CAN ALSO FIGURE OUT THE CONTROL LOAD RESOURCE PATH, AND IF YOU CAN ALSO FIGURE OUT A, BRING YOUR OWN GEN SCENARIOS AND HOW THOSE FIT TOGETHER. SO THE IDEA IS WE'RE STILL GONNA MAKE SPACE FOR WORKING THROUGH THAT, BUT WE HAVE TO FOCUS ON FIRST THINGS FIRST, AND THAT IS INDEED GETTING THE BATCHER PROCESS OUT. SO, UH, THERE'LL BE 30 MINUTES FOR EACH OF THOSE TOPICS TO START TO GET IDEAS OUT ON THE TABLE. UH, AND THEN WE'RE GONNA DO A POST-MEETING SURVEY. UH, WE'RE AT THE END OF THE MEETING, WE'RE GONNA KIND OF OPEN UP THE MIC TO SAY, BASED ON THE QUESTIONS YOU'VE HEARD TODAY, THERE'S A LOT OF PEOPLE INVOLVED. WHAT ARE THE BEST SURVEY QUESTIONS TO ASK? THEY'RE GONNA GET US INTO THE RIGHT SPOT. SO, YOU KNOW, ERCOT DON'T GO OFF IN A VACUUM AND ASSUME THAT SOMEBODY WANTS TO CO-LOCATE THIS WITH THAT INTO THIS SCENARIO. LET'S LET THIS COMMUNITY TELL US WHAT NEEDS TO BE DEVELOPED AND FIND WHERE THE CRITICAL MASS OF THOSE ELEMENTS ARE. UH, THERE'S JUST NO WAY TO FIGURE OUT EVERY COMBINATION OF GENERATION AND LOAD THAT SOMEBODY COULD COME UP WITH. YOU THINK ABOUT WIND, SOLAR BATTERIES, YOU KNOW, BIG LOAD, SMALL LOAD, A CLR CAN KIND OF MOVE, KIND OF NOT. SO WE HAVE TO, WE HAVE TO GET THE UNIVERSE SMALLER INTO THESE OPTIONS OF WHAT WE'RE PURSUING. UH, [01:35:01] AND THEN AGAIN, THE, THE BEAUTY OF HAVING THE NPR FILED NEXT WEEK IS NOW THEN ALL THE FORMAL PROCESSES BECOME PART OF A, UM, THOSE COMMENTS BECOME PART OF THE STAKEHOLDER PROCESS ON VETTING, RESPONDING TO AND WORKING THROUGH THOSE AT THE WORKSHOP. SO, UH, AGAIN, APOLOGIES FOR US NOT GETTING THE MATERIALS OUT SOONER. UH, TOMORROW IS VERY MUCH A WORKING SESSION. UH, IT'S NO NEW TOPICS. IT'S THE SAME STUFF WE'VE ALREADY BEEN TALKING ABOUT. JUST GOING INTO THOSE DETAILS. SO WITH THAT, WE'LL OPEN IT UP FOR QUESTIONS. OKAY. YOU HAVE A BUNCH OF QUESTIONS. LET'S START WITH, DO YOU HAVE A WORKSHOP TOMORROW FOR SOME OF THOSE QUESTIONS? OKAY, THANKS. SORRY. LET'S, LET'S SEE WHAT THE QUESTIONS ARE. YES. UH, LET'S GO TO IAN, MATT, ON YOUR TIMELINE. I APOLOGIZE. I DID NOT GO TO DOUBLE CHECK. UM, SO I'M JUST GONNA ASK YOU, IS THIS ONE UPDATED TO THE DATES YOU WERE CONSIDERING CHANGING FROM THE LAST WORKSHOP? THESE ARE THE DATES THAT WERE, YES. SO FOR EXAMPLE, MARCH 30TH IS CORRECT NOW. OKAY. UM, APRIL 9TH IS CORRECT NOW 'CAUSE I HAD THAT ON GCPA BY ACCIDENT, SO YES. PERFECT. THANK YOU VERY MUCH. I APPRECIATE THAT. YOU'RE WELCOME. OH, THAT'S GOOD. UM, WE CAN, WE CAN DISCUSS THIS FURTHER, BUT IF THERE SOUNDS LIKE THERE WILL BE A PICKER SO WE CAN DISCUSS IF WE NEED A SPECIAL ROSS MEETING. WE DIDN'T SCHEDULE ANY EXTRA ROSS MEETINGS. CORRECT. AND SO THERE IS THIS CONCEPT OF HOW MUCH DO YOU LET THE TASK FORCE VET AS MUCH AS YOU CAN AND THEN GET IT IN FRONT OF THE GROUPS THAT ARE GONNA BE VOTING ON IT TO CYCLE THROUGH THEIR QUESTIONS TOO. SO, UM, AGAIN, MAYBE THIS IS THE, THIS IS THE NEWS AND NOW HOW DO WE ADAPT TO IT AND SEE HOW TOMORROW GOES. YEP. OKAY. IT'S JOHN HUBBARD. JOHN HUBBARD WITH TIC. DOES OTT VISION, TOMORROW'S MEETING BEING A HALF DAY OR FULL DAY? FULL DAY, SORRY, FOUR 30. YEAH. NINE 30 TO 4 31 HOUR LUNCH IN THE MIDDLE. OH, THESE ARE GOOD QUESTIONS. IS THAT YOUR WHOLE QUESTION? ONE OF THOSE, PLEASE. YOU COULDN'T TEXT THAT TO HIM. . OKAY. JIM LEE. WELL, IT'S FINE. THE HOT CALENDAR DOESN'T ALWAYS HAPPEN IN TIME, SO YES. YEAH. YEAH. OKAY. GO AHEAD, JIM. HEY, UH, MATT, THANKS. UH, JIM OVER HERE WITH, UH, CENTER POINT ENERGY. SO MY, MY QUESTION IS MORE MAY IT'S NOT AS EASY AS JOHN'S QUESTION AH, BUT, UM, IT, IT'S MORE OF A, MORE THE IMMEDIATE TERM TO KIND OF HELP MY COMPANY BETTER UNDERSTAND ERCOT VISION, UM, FOR THE INTERACTION BETWEEN THE RTP, THE RRP G BATCH ZERO. MM-HMM. THINGS LIKE THAT. SO THIS, THIS COULD BE BETTER SUITED AS AN ANSWER FOR TOMORROW'S WORKSHOP. SO I'LL, UM, UH, UH, I, I RECOGNIZE THAT, BUT SO IT WAS, IT WAS COMMUNICATED THAT, UM, TO THE MARKET THAT UNTIL BATCH ZERO NPRR IS EFFECTIVE, THAT THE TSP SHOULD CONTINUE FOLLOWING PICKER ONE 15 PROVISIONS. RIGHT. AND SO THIS MEANS THAT IF A LOAD EDITION THAT COMES TO US NOW, UH, DRIVES TRANSMISSION UPGRADES, TSP SHOULD FILE AN RPG PROJECT. RIGHT. UM, PIVOTING OVER TO THE RECENTLY ADOPTED PUC 58 4 80, THE LOW FORECASTING CRITERIA RULE IN PARAGRAPH H OF THAT RULE, IT STATES THAT ERCOT MUST USE THE LOAD DATA SUBMITTED IN THE 2026 RTP COMPLIANCE, COMPLIANCE FILING IN ERCOT INDEPENDENT REVIEW OF ANY RPG PROJECTS THAT ARE SUBMITTED UNTIL ERCOT CONSTRUCTS NEW PLANNING CASES WITH THE LOAD DATA. RIGHT. SO THEN MY QUESTION IS IN THE MEDIA TERM, RIGHT, IF A LOAD EDITION THAT DRIVES AN RPG PROJECT IS NOT PART OF A TSPS 2026 RTP COMPLIANCE FILING, HOW WILL ERCOT HANDLE THE EIR? YOU ARE NOT THE FIRST ONE TO ASK THE QUESTION AND I THINK BARKSDALE AND OUR LEGAL GROUP HAVE TALKED ABOUT, SO TOMORROW WE COULD TAKE THAT QUESTION ON. OKAY. THANK YOU. ALRIGHT, PERFECT. OKAY. UH, CHRIS MATOS. CHRIS MATOS, GOOGLE, I, SO I AM CURIOUS, DO WE INTEND TO JUST STRUCTURE THEM AS OPEN WORKSHOPS OR DO WE THINK WE'LL KIND OF THEMATICALLY TAKE ON VARIOUS ISSUES WITHIN THESE WORKSHOPS? YEAH, I GUESS THIS MEANS HERE, MY THOUGHT IS TO START TO HAVE THEMATIC, WELL, MAYBE NOT A THEMATIC WORKSHOP. IT'S THE, THE FIRST TWO HOURS ARE GONNA BE DEDICATED TO X, THE NEXT TWO HOURS WILL BE DEDICATED TO Y AND NEXT ONE IS Z. OKAY. BECAUSE WHAT WE CAN'T HAVE IS JUST A CLR WORKSHOP ONLY AND CLOSE THE DOOR ON EVERYTHING ELSE. 'CAUSE I THINK WE NEED TO KEEP MOVING THE BALL ON THINGS, FOR EXAMPLE. YEAH. SAME THING ON THE TRANSMISSION PLANNING. WE DON'T WANNA SPEND THE WHOLE DAY ON THAT AND MISS THE CHANCE TO MOVE THE BALL FORWARD ON THINGS. SO, AND NOT THE LACK OF END TIMES MEANS YOU MIGHT KEEP US HERE TILL MIDNIGHT. THE WHAT THE LACK OF END TIMES MEANS YOU MIGHT THREATEN TO KEEP US HERE TILL MIDNIGHT. THERE, THERE HAVE BEEN TALKS LIKE THAT. SOMEBODY TALKED ABOUT ORDERING DINNER FOR SOME OF THESE MEETINGS. I'M SORRY THAT WAS A DIFFERENT MEETING. TWO DAY TAC MEETINGS. OKAY. NEXT QUESTION. IF ERIKA GETS THE WORKSHOP DINNER, THEY HAVE TO GET TACK DINNER IN MAY. THAT'S MY IF HEY FOOD. IT'S NOT EVEN A REQUEST, IT'S A MANDATE. IF FOOD IS THE CONSTRAINT, WE SHOULD BE TALKING ABOUT THAT. OKAY. UM, SORT OF GOING OFF CHRIS'S QUESTION, AND, AND MATT WE'VE SPOKEN ABOUT THIS, I THINK YOU AND LARGE LOAD WORKING GROUP AND WHOEVER ELSE JUST BE THINKING [01:40:01] ABOUT, BECAUSE AFTER THE BATCH ZERO, YOU KNOW, THIS, THIS WORKSHOP RUN TO BATCH ZERO, THERE'S STILL GOING TO BE BATCH ONE C-L-R-B-Y-O-G. SO THINK ABOUT THE BEST FORUM FOR THAT AS AN EXISTING WORKING GROUP TASK FORCE. MORE WORKSHOPS. VERY GOOD QUESTION BECAUSE YOU WILL GET REQUESTS TO HAVE, YOU KNOW, CERTAIN MEETINGS FOCUSED ON, ON SPECIFIC TOPICS. SO YEAH, YOU'RE HITTING THE NAIL ON THE HEAD BECAUSE WE ARE GONNA START PARKING DECK ITEMS THAT AREN'T NECESSARILY PART OF BATCH BUT ARE PART BATCH ZERO, BUT MAYBE PART OF THE LONGER TERM DESIGN AND HOW DO WE TACKLE THOSE? YEAH. OKAY. OKAY. LET'S GO TO NED. ALRIGHT. THANK YOU CAITLYN. THANK YOU MATT. UM, COUPLE COMMENTS. ONE, UH, I, I NOTICED YOU HAVE CO-LOCATION WITH GENERATION ON HIGHLIGHTED IN THERE ON SOME OF THE THINGS THAT TO CONSIDER APPRECIATE THAT. UM, AS GENERAL PSA, I KNOW WE'VE, YOU KNOW, TOLD YOU THIS BEFORE AND OTHERS HAVE HEARD IT, YOU KNOW, BYOG AND CO-LOCATED WITH EXISTING GENERATION DO HAVE SOME, YOU KNOW, SLIGHT DIFFERENCES. SO I WANT TO MAKE SURE THAT WE'RE JUST FLAGGING THAT TO KEEP SPACE TO, TO TREAT BOTH, UH, APPROPRIATELY. UM, SO THAT, THAT'S JUST GENERAL COMMENT. UM, QUESTION FOR YOU ON THE TIMELINE. UH, BACK ON THAT SLIDE. SO WE'VE GOT THE MONTHLY TAC UPDATES, WE'VE GOT A WHOLE LOT OF WORKSHOPS. UM, YOU MENTIONED THAT WE MIGHT, YOU KNOW, DIVE INTO CERTAIN DETAILS IN CERTAIN, IN OTHER WORKSHOPS. DOES THAT, UM, I WAS A LITTLE UNCLEAR FROM YOUR LAYOUT. ARE YOU PLANNING TO HAVE ALL OF THE NPRS PLUS PIGGER, UH, RELEASED AT THE SAME TIME? OR WILL THOSE BE COMING IN IN SERIAL? YEAH, SO, AND I MEANT TO ADD THIS, SO THE ONE WE'VE BEEN FOCUSING ON, THE ONE ON THE SCREEN FROM MARCH 4TH IS JUST THE PIGGER SLASH NPR FOR BATCH ZERO VANILLA, GENERIC. THAT'S IT. OKAY. THEN THE IDEA, MY THING WOULD BE IS WHETHER A MONTH LATER IS THE DEADLINE FOR AN APRIL 4TH TYPE FILING OF ANY REVISION OR NPRS FOR THAT CONTROLLABLE LOAD OR THE CO-LOCATED GENERATION. OKAY. AND SO AS WE'RE THINKING THROUGH WHAT THIS SEQUENCE LOOKS LIKE, IS IT, IT MAY BE THAT SOME OF THOSE LATER WORKSHOPS BECOME MORE FOCUSED ON THE SUBSEQUENT NPRS YES. AND OR KICKERS. YES. AND THEN THE, THE EARLIER ONES, IT'S POSSIBLE THAT WE MAY HAVE PRS KICK IT PRS AND OR ROSS, YOU KNOW, SEND IT TO AS EARLY AS THE APRIL TAC MEETING FOR WHERE THOSE MIGHT COME TO US. I, I AM NOT SAYING THAT'S HAPPENED. I'M JUST TRYING TO SET EXPECTATIONS FOR THIS GROUP ON WHEN, WHEN IS IT GOING TO BE POTENTIALLY, WHAT'S THE EARLIEST POINT AT WHICH WE COULD, YOU KNOW, HAVE CRUNCH TIME FOR US. 'CAUSE I LOOK AT THIS SCHEDULE AND YOU'VE GOT 1, 2, 3, UH, DIAMONDS IN THAT SECOND TO BOTTOM ROW. MY THINKING IS NOTHING'S GONNA GET APPROVED EARLY. WE JUST NEED TO BE READY TO MUSCLE THROUGH IT ALL. I'LL BE HONEST. SO THE IDEA OF HANGING ONE UP ON THE SHELF AND SAYING, APRIL WE GOT IT, AND HERE'S, THERE'S A LOT OF, UM, THERE'S A LOT OF PLAY IN A LOT OF THESE THINGS MM-HMM . AND, UM, I DON'T THINK, WE'LL, I DON'T THINK THERE'S AN EASY BUTTON TO SAY THAT'S OUTTA THE WAY. NOW LET'S JUST FOCUS ON THIS. IT'LL HAVE TO BE TOGETHER. NOW I WILL SAY WE ARE LOOKING FOR THOSE OTHER, UH, CO-LOCATED GEN AND CLRS TO BE SOMETHING WORKED WITH WHERE ERCOT WILL FILE THOSE SO THAT IT FITS WITH THE INFLIGHT ACTIVITIES. MM-HMM . SO LET'S SAY THE BATCH ZERO GOES FORWARD, THESE OTHER NPRS WILL FIT IF APPROVED AND READY, BUT IF THEY'RE NOT APPROVED, THIS BATCH ZERO WILL STILL WORK WITHOUT 'EM. SO THAT WAY EVERYTHING FITS TOGETHER. IT'S A SMALL MODULAR REVISION REQUEST. SMALL. YES. WELL SAID. YES. LEG IS PLUGINS. YES. ALL RIGHT. UM, WELL THANK YOU FOR THAT. I APPRECIATE THAT. AND, AND THE REASON, THE ONLY REASON I FLAGGED THAT IS BECAUSE, LIKE YOU SAID, THIS IS, WE, WE ALL KNOW THIS IS GONNA BE A, A, YOU KNOW, A DETAILED AND TOUGH CONVERSATION. AND WHEN WE'VE HAD THOSE IN THE PAST, SOMETIMES IT HAS HELPED TAC TO HAVE MULTIPLE DISCUSSIONS WHERE THIS WHOLE GROUP CAN REALLY DIVE IN AND MAKE SURE THAT WE'RE, WE'RE MAKING THE, THE RIGHT DECISION FOR, FOR TEXAS AND THE, IN THE, IN THE MARKET. SO, UM, THANKS FOR THAT BE THAT'S WHAT WE WERE TRYING TO ACCOMPLISH. NED. YOU KNOW, THERE MIGHT NOT BE VOTING LANGUAGE COMPLETELY FINISHED IN APRIL, BUT I THINK WE WANT TO GIVE PRS AN OPPORTUNITY TO START HAVING FOCUSED DISCUSSIONS LIKE THEY WILL VOTE ON THIS, WHICH THEY WILL. AND THEN, YOU KNOW, THE, THE TECH MEETING IN APRIL, MAYBE IF, IF MATT HAS IDENTIFIED AREAS WHERE WE NEED KIND OF A DIRECTIONAL GUIDANCE FROM, FROM TECH OR IF PRS HAS, THAT WAS SORT OF MY, MY THOUGHT THERE BECAUSE I THINK, YOU KNOW, AS MATT DESCRIBED ON THE SLIDE, HE HASN'T SEEN ANYTHING LIKE THIS BEFORE. THEY'VE DONE THESE INTERVIEWS, THEY HAVE 700 PEOPLE AT THE WORKSHOP. THIS IS A DIFFERENT ENVIRONMENT. SO I AM SORT OF ANTICIPATING, YOU KNOW, A LITTLE BIT OF A BREAKDOWN THERE WHEN WE GO FROM, FROM A WORKSHOP TO THESE 34 PEOPLE HAVE TO VOTE ON THIS. SO I, EVEN IF THE LANGUAGE ISN'T READY, I THINK WE SHOULD START ACTING LIKE WE'RE GOING TO VOTE ON THINGS IN, IN APRIL. [01:45:01] AGREE 100%. THANK YOU. KAY. OKAY. YEAH. AND IF NOTHING ELSE, WE MAY NOT DECONSTRUCT THE TASK FORCE AT EVERY MEETING, BUT ALBEIT EVERY ROS ATTACK AND CONTROL AND, UM, LARGE LOAD WORKING GROUP OF WHAT ARE THE KEY ISSUES THAT ARE RESOLVED AND NOT RESOLVED. SO AT LEAST EVERYONE KNOWS WHERE WE'RE AT. OKAY. UH, LET'S GO TO SETH. YEAH. IS THE, UH, BYOG BRING YOUR OWN GENERATION? IS THAT NEW GENERATION OR IS THAT CONTRACTS WITH EXISTING GENERATION? THAT'S WHAT WE'RE IT COULD BE EITHER. OKAY. WE'RE TRYING TO FIGURE THAT OUT. OKAY. I THINK IT'S MORE FOCUSED ON THE NEW, BUT WE, I DON'T KNOW. WE'LL, WE'LL SEE WHAT COMES UP TOMORROW. AGAIN, THIS IS THE PRIORITY. WE'RE TRYING TO FIGURE OUT WHICH ISSUES WE HAVE TO TACKLE AND WHAT ARE THE PRIORITY ONES. RIGHT. OKAY. GREAT. OKAY, SAM. HEY, SAM, BRANDON WITH AGENT DICK. UH, THANKS FOR THE DETAIL. MATT. I GUESS JUST TO MAKE SURE I HEARD CORRECTLY, SO FOR THE FOLLOW ON RULES TO BE SUBMITTED AROUND APRIL, ERCOT ISS ENVISIONING THOSE TO BE ERCOT SPONSORED, UM, EFFORTS RATHER THAN STAKEHOLDER? YEAH, I MEAN, ANY STAKEHOLDER CAN DO ANYTHING THAT THEY WANT, BUT ERCOT IS WILLING TO SPONSOR THOSE TO TRY AND GET IT TO ALL FIT TOGETHER, SO. OKAY, GOTCHA. YEAH. AND THEN FOR THOSE, UH, RULE REVISIONS SUBMITTED IN APRIL, THERE'S STILL THE POSSIBILITY OF BEING INCLUDED IN BATCH ZERO, BUT IT JUST HAS TO MEET THE TIMELINE. YES. AND WE DEFINITELY WANT THE SCOPE OF THOSE TO BE FOCUSED ON WHAT IS BATCH ZERO CAPABLE NOT TO COME UP WITH NEW IDEAS THAT DON'T FIT INTO THIS DESIGN REALM. YEAH. YOU'RE, YOU'RE TRACKING, I'M TRACKING WITH YOU. YES. THANK YOU. YOU BET. OKAY. NED, DO YOU HAVE A NEW QUESTION? OKAY. NO. ANY OTHER QUESTIONS OR COMMENTS FOR MATT? THAT WAS, THAT WAS PRETTY EASY ACTUALLY, MATT. ALRIGHT. YOU GOT UP EASIER THAN, THAN KEITH TODAY? I THINK SO. ALRIGHT. THANK Y'ALL FOR THE TIME. ALRIGHT. UH, THE LAST PRIORITY ITEM ON OUR LIST IS THE LARGE ELECTRONIC LOAD RIDE THROUGH REQUIREMENTS. UM, WE'RE GONNA HEAR FROM ERCOT AND THEN I JUST WANTED A, A UPDATE FROM ROSS AS WELL. HELLO EVERYONE, THIS IS PATRICK WITH ERCOT. UM, I CAN GIVE THE UPDATE ON NOER 2 82. IT'LL JUST BE A VERBAL UPDATE. UM, IT IS STILL TABLED AT ROSS AND I THINK SANDEEP KIND OF MAYBE MENTIONED A LITTLE BIT, BUT WE, IT'S REFERRED TO DWG AND SPWG. SO WE MET WITH DWG DISCUSSED NORE 2 82 ON, UH, FEBRUARY 12TH. UH, REALLY DISCUSSED THE A EP COMMENTS FROM FROM DECEMBER. UH, THERE ARE A COUPLE OF MODIFICATIONS THAT A EP WAS SUGGESTING. UM, DWG IS LOOKING TO ENDORSE NORE 2 82 WITH SOME REVISIONS. UM, A COUPLE OF THOSE REVISIONS FROM A EP COMMENTS, UM, AND A COUPLE OTHER SMALL LANGUAGE THINGS FOR CLARITY. UH, SO THEY'RE GONNA REPORT BACK AT ROSS ON, ON MARCH 5TH. UM, I THINK ERCOT IS GOING TO ULTIMATELY SUBMIT SOME COMMENTS, UM, AT DWGS, UM, REQUEST FOR THOSE REVISIONS. UH, PROBABLY ABOUT THE SAME TIME AS AS ROSS HAPPENS AS WELL. UM, WE DISCUSSED AT SPWG, UH, YESTERDAY, UH, SPWG HAD NO OBJECTIONS, NO REAL COMMENTS. UM, THEY WERE PRETTY GOOD WITH THE, UM, REQUIREMENTS, THE TECHNICAL REQUIREMENTS AS WRITTEN. YOU KNOW, WE SPECIFICALLY, UM, TALKED ABOUT AND AN OVER CURRENT ALLOWANCE DURING A VOLTAGE DISTURBANCE FOR THE CONSTANT POWER LOAD. UM, AND THEY WERE GOOD WITH THAT, UH, THRESHOLD THAT ERCOT ORIGINALLY PROPOSED. UM, SO THEY'RE GONNA REPORT BACK TO ROSS AS WELL THAT THEY'RE, UM, ENDORSING AND GOOD WITH THE, UM, NO OR NO OBJECTIONS TO THE REQUIREMENTS. UM, WE ALSO DISCUSSED NOER 2 82 AT LLWG ON FEBRUARY 19TH. UH, WE MOSTLY DISCUSSED THE ERCOT JANUARY 30TH COMMENTS. UH, WE WENT OVER SOME OF THE CHANGES TO THE EXEMPTION CRITERIA. UH, IN THOSE COMMENTS WE TALKED ABOUT, UM, SOME OF TESLA'S COMMENTS. UM, ERCOT ACCEPTED, GENERALLY ACCEPTED THOSE COMMENTS AND ADDED THAT LANGUAGE WITH A SMALL, UM, LANGUAGE CHANGE. UM, WE ALSO DISCUSSED THE ONWARD ENERGY COMMENTS ABOUT HER, HOW ERCOT WOULD HANDLE EVENTS, UM, WITH CO-LOCATED LS AND GENERATION. UM, WE RESPOND, ERCOT RESPONDED TO THOSE COMMENTS AS WELL. I THINK WE'RE GOOD THERE. AND, UH, THE DATA CENTER COALITION INTRODUCED THEIR COMMENTS, UM, THAT THEY SUBMITTED A COUPLE WEEKS AGO. UH, ERCOT IS WORKING ON A RESPONSE TO THOSE COMMENTS AS WELL. UM, ERCOT [01:50:01] IS STILL LOOKING FOR SOME TECHNICAL REQUIREMENT COMMENTS FROM THE DA DATA CENTER DEVELOPERS. UH, WE ASKED TO HAVE THOSE COMMENTS BY THE END OF FEBRUARY. UM, SO WE COULD ADDRESS THOSE COMMENTS AND MAYBE DISCUSS THEM AT THE NEXT LLWG ON MARCH 13TH. BUT WE ARE STILL TARGETING A, AN APRIL ROSS VOTE. UM, AND I BELIEVE IT'S, UH, EARLY MAY T VOTE IS STILL THE TARGET DATE. UM, THAT'S ALL I HAVE FOR THE NOER 2 82 UPDATE. I CAN TAKE SOME QUESTIONS. ANY QUESTIONS FOR PATRICK? GO AHEAD. JOHN ARD WITH TIC. HAS ERCOT RECEIVED ANY ADDITIONAL, UH, DIRECTION FROM THE COMMISSION ABOUT THE VOLTAGE WRITE THROUGH REQUIREMENTS? NOT THAT I'VE HEARD. UM, MY DIRECTIVE FROM THE ENGINEERING SIDE OF THE HOUSE IS TO PROCEED WITH THE TECHNICAL REQUIREMENTS AND WORK THROUGH THE WORKING GROUP MEETINGS ON THE TECHNICAL REQUIREMENTS. UH, I HAVEN'T HEARD ANYTHING ELSE ABOUT FROM THE PUC. OKAY. THANK YOU, UH, DURGA. THANK YOU. UM, SO I THINK LAST, UH, LLWG MEETING, WE ALSO HAD A PRESENTATION FROM JONATHAN ABOUT, UH, LOAD SMOOTHING. UH, NOT EXACTLY LOAD SMOOTHING, BUT SSR UH, DO WE HAVE ANY DIRECTIVES ON LOAD SMOOTHING APART FROM WHAT JONATHAN PRESENTED LAST TIME ON, UH, HOW MANY ON, ON IN TERMS OF FREQUENCY OF HOW MANY TIMES IT CAN GO BEYOND 10 MEGAWATT IN ANY DIRECTION? ON, ON THAT AS WELL BECAUSE WE, WE ARE TRYING TO BUILD, UM, OUR DATA CENTER, SO WE JUST NEED TO UNDERSTAND HOW DO WE, UH, PROCEED WITH THE DESIGN AND STUFF. I, I BELIEVE THEY'RE WORKING ON THOSE REQUIREMENTS AND THEY PLAN ON GETTING THOSE SUBMITTED, UM, SOON. I DON'T HAVE THE EXACT TIMELINE FOR THAT. IF SOMEONE ELSE FROM ERCOT WANTS TO CHIME IN ON THIS ONE, I DON'T SEE ANYONE. OKAY. UM, CHRIS MACHOS. CHRIS MACHOS, GOOGLE. THANKS FOR THE UPDATE. PATRICK. ONE OF THE QUESTIONS I HAD PROBABLY CARRIES OVER A LITTLE BIT FROM THE LLWG IN THAT THERE WAS A REQUEST FOR ADDITIONAL STUDY ON HOW BEST IMPROVE OR BEST ON THE SYSTEM CAN IMPROVE THE OVERALL GRID RELIABILITY THROUGH, UH, LARGE LOAD LOSS CONTINGENT OR LARGE LOAD LOSS PLANNING. AND I WAS WONDERING IF ERCOT WAS GONNA DO ANY ADDITIONAL FOLLOW UP ON THAT IN TERMS OF LOOKING AT ANCILLARY SERVICE PRODUCTS OR OTHER GRID FACING SOLUTIONS AND MARKET FACING SOLUTIONS THAT COULD ULTIMATELY PROBABLY BETTER ADDRESS THE ACTUAL RELIABILITY OF QUESTION AT HAND. AND, AND SOME OF THIS RIGHT STEMS FROM THE INCREASED BATTERY STORAGE IN, IN ONE OF THE LLWG REPORTS THAT SHOWED THE SYSTEM COULD HAVE GREATER CAPACITY FOR, UH, THE OPERATING LIMITS. SO Y'ALL WENT FROM I THINK 2,800 TO 3,500 IN THAT, IN THAT REPORT. AND SO I WAS JUST WONDERING IF THERE'S ANY FOLLOW UP FROM ERCOT ON, ON FURTHER STUDY OF THAT, OF THOSE SOLUTIONS. UH, I BELIEVE THOSE STUDIES ARE STILL BEING WORKED ON. WHEN THOSE RESULTS ARE READY, UH, WE WILL BRING THAT TO THE APPROPRIATE WORKING GROUP. I THINK IT WOULD BE LLWG. UH, BUT REGARDLESS OF WHAT THOSE STUDIES TELL US, WE ARE PROCEEDING WITH THE, WITH THE RIDE THROUGH REQUIREMENTS ON THE LARGE ELECTRONIC LOADS. UM, ERCOT UM, STRONGLY BELIEVES THAT, UM, THIS ISSUE NEEDS TO BE ADDRESSED FROM BOTH SIDES. IT'S GONNA REQUIRE BOTH THE LARGE, THE RIGHT VOLTAGE, RIGHT, THE REQUIREMENTS AND SOME SYSTEM IMPROVEMENTS TO, TO ADDRESS THE RISK I RIGHT. AND, AND SOME OF THIS DOES STEM IN, IN GOOGLE OR OTHERS ARE WORKING ON COMMENTS ON IT, THAT CURRENT PROPOSAL, THE, THE RANGE THAT ERCOT IS WANTING IS, IS BEYOND THE LIMIT OF CURRENT TECHNOLOGY IN SOME AREAS. AND SO WE DO STILL FEEL STRONGLY THAT GRID FACING SOLUTIONS ARE ABSOLUTELY NECESSARY AND AN UPDATE ON THE TIMELINE OF THOSE REPORTS WOULD BE REALLY HELPFUL. WHETHER THAT'S AN L AN, I ASSUME THAT THAT UPDATE COULD BE AT LLWG. OKAY. I'LL TAKE THAT BACK AND I'LL SEE WHAT KIND OF TIMELINE WE'RE LOOKING AT, UM, FOR THAT, FOR THAT STUDY. OKAY. OKAY. UM, SANDEEP OR SHANE, ARE YOU ON FOR ROSS TO, TO UPDATE US ON THE RIDE THROUGH REVISION REQUEST TOO? YEAH, I'M HERE. UH, SAN BO SORRY. QUICK, UH, QUICK [01:55:01] UPDATE. OF COURSE, PATRICK DID A GREAT JOB OF SUMMARIZING ALL THE COMMENTS, UH, AND ALL THE DISCUSSIONS WE'VE HAD. UH, AT THE PREVIOUS ROSS, WE DID GO THROUGH THE PRIORITY AND THE TIMELINES THAT YOU ALL HAVE LAID OUT. SO ROSS IS AWARE OF THAT. WORKING GROUPS ARE AWARE OF THAT AND AT LEAST WE ANTICIPATE WORKING THROUGH THESE, UH, COMMENTS AND APPROVALS BY APRIL. UH, PENDING ANY, ANYTHING NEW, UH, THAT, THAT THAT'S FILED THAT'S, UH, OUT, OUT OF WHAT HAS BEEN DISCUSSED SO FAR? SO FAR? UM, IT SEEMS LIKE OUR CARD HAS BEEN WORKING WELL WITH ON COORDINATING AND ACCEPTING CHANGES, UH, PROVIDED BY STAKEHOLDERS SO THAT, THAT WOULD BE THE LAST UPDATE FOR THIS. GREAT. I APPRECIATE IT. OKAY. ANY OTHER QUESTIONS OR COMMENTS ON THIS? OKAY. OKAY. [9. Large Load Working Group (LLWG) Report (Vote)] LET'S GO TO LARGE LOAD OF WORKING GROUP. IF YOU HAVEN'T HAD ENOUGH LARGE LOAD DISCUSSION ALREADY THIS MORNING, HERE WE GO. SOME MORE. NOTHING HAPPENING HERE AT ALL. RIGHT. LARGE LOADS. ALL, ALL LARGE LOADS ALL THE TIME. THANKS BETH. UM, SO AS, AS UM, MATT JUST POINTED OUT, WE HAVE A VERY AGGRESSIVE ERCOT WORKSHOP LED PROCESS. WHILE I WOULD LOVE TO TAKE A BREATH ON THE LARGE LOAD WORKING GROUP, WE PROBABLY CAN'T DO THAT EITHER. THERE'S STILL A NUMBER OF ITEMS THAT ARE REQUIRED THAT NEED TO MOVE FORWARD THAT ARE NOT PART OF THE BATCH PROCESS. SO THOSE ARE, UM, NOBU 2 82 SSO REQUIREMENTS. UM, WE'RE GONNA BE TALKING ABOUT, UM, THE REALISTIC CONSTRUCTION TIMELINES FOR LARGE LOADS, MODELING ASSUMPTIONS AND BOTH THE CLR AND BRING YOUR OWN GENERATION. IF MATT CAN SOLVE THAT IN THE BATCH PROCESS, GREAT. BUT, UM, I SUSPECT THERE'S GONNA BE MORE WORK TO BE DONE ON THAT. FEBRUARY 19TH MEETING WE HAD THE, THE GRID ASTOR PRESENTATION. UM, IT WAS, IT WAS FRANKLY QUITE, QUITE IMPRESSIVE. UH, THEY WERE RUNNING 16,000 CONTINGENCIES PER RUN. THEY CAN RUN. EVERY RUN THEY DID WAS UNDER WAS UNDER A MINUTE UM, THIS WAS A REAL LOAD THAT THEY SIMULATED IN 2031, UM, OUT IN, IN WEST TEXAS. THAT WOULD BE THIS, THIS.HERE. UM, AND THEY LOOKED AT ALL OF THAT, A LOT OF SKEPTICISM AT FIRST AND HOW FAST THIS THING RAN. THEN THE MODEL DID A SELF CHECK ON ITSELF AFTER IT COMPLETED, AND THAT SEEMED TO QUIET DOWN A LOT OF THE, UM, A LOT OF THE CONCERNS. UH, THEY WENT THROUGH SOME OF THEIR CERTIFICATIONS AND THOSE THINGS AS WELL. UM, CERTAINLY NOT THE COMPLETE SOLUTION TO THE BATCH STUDY, BUT A LIKELY A SIGNIFICANT, UM, AID TO THAT PROCESS. UM, CLAYTON GREER GAVE HOW HE THINKS BATCH STUDIES SHOULD BE DONE. MATT GAVE AN UPDATE ON THE BATCH PROCESS. JONATHAN GAVE AN UPDATE ON LLL, UH, LEL POWER VARIATIONS. PATRICK, UM, RESPONDED TO THE DATA CENTER COALITION ON NORE 2 82 AND SUN W TALKED ABOUT THE DYNAMIC MODEL SUBMISSIONS FOR LARGE LOADS. UM, SO THERE WERE CONCERNS EXPRESSED, PARTICULARLY BY ME, UM, ON THIS MODELING PROCESS THAT ERCOT IS, IS WANTING COMPLETELY UNDERSTAND WHY THEY WANT THEM, BUT THEY WANT, THEY WANT FULL AND COMPLETE MODELS GOING INTO THE LLIS STUDY, THAT COULD BE UP TO SIX YEARS BEFORE THE LOAD ACTUALLY ENERGIZES. IF YOU THINK ABOUT AN ANALOGY OF WHAT ERCO ISS ASKING FOR, THEY WANNA KNOW WHAT THE RE HOW A 28, IPHONE 2023 IS GOING TO OPERATE. LARGE LOADS ARE HAVING A DIFFICULT TIME PREDICTING THAT THAT FAR IN THE FUTURE, THE EQUIPMENT THEY'RE GOING TO INSTALL HAS NOT EVEN BEEN DESIGNED YET. UM, AND SO WE'RE GONNA HAVE TO THINK, I THINK ABOUT HOW WE, HOW WE DO MODELING GOING FORWARD. WE'RE GONNA NEED SOMETHING, UM, THAT DOES A BETTER JOB OR DOES IT A WHOLE LOT FASTER THAN WHAT WE CAN DO TODAY. UM, UH, THIS IS ANOTHER ISSUE THAT'S ABOUT TO COME TO YOU. UM, IT'S LARGE LOAD OSCILLATIONS. THE ISSUE IS SUB SYNCHRONOUS OSCILLATIONS CAN TEAR, CAN TEAR, UH, SYNCHRONOUS GENERATORS APART. ERCOT, UM, IS LOOKING AT, AND THEY FLOATED THIS PROPOSAL FOR THE FIRST TIME THAT THEY WOULD LIMIT ALL LARGE LOADS, UM, TO NO MORE THAN 10 MEGAWATT SWING OVER ROLLING FIVE SECOND WINDOW. UM, THERE WAS SOME DISCUSSION OVER, WELL, MAYBE IT SHOULD BE SITE SPECIFIC OR CUT CLEARLY DEFINED THAT IF THEY DID SITE [02:00:01] SPECIFIC LIMITATIONS THAT WOULD ALLOW THINGS TO GO BIGGER THAN THIS, THEN POTENTIALLY WE ARE RESTRICTING WHERE FUTURE SYNCHRONOUS GENERATORS CAN BE INSTALLED ON THE SYSTEM. UM, AND I DON'T THINK ANY OF US WANT THAT. UM, ERCOT SUGGESTED THEY COULD SOLVE THIS. UH, THEY COULD, UM, THEY WOULD NEED TO INSTALL, UH, PHASER MEASUREMENT UNITS NEAR THE, NEAR THE LOADS. THERE WAS SOME CHATTER IN THE, IN THE MEETING THAT THOSE MIGHT NOT BE THE RIGHT, THE RIGHT TOOLS. UM, AND THERE'S A LOT OF CONCERN OVER HOW TO MEASURE THIS, UM, IN, YOU KNOW, MULTIPLE TIMES PER SECOND AND THE DATA STORAGE THAT'S GONNA BE REQUIRED THERE. BUT THOSE ARE ALL THINGS WE'RE GONNA HAVE TO FIGURE OUT. UM, FOR THAT REASON, WE CAN'T JUST GET RID OF THE LARGE LOAD WORKING GROUP, ALTHOUGH I'D LIKE TO TAKE A BREAK FOR TWO MONTHS, BUT THAT'S NOT GONNA HAPPEN. UM, MARCH 13TH, WE'RE GONNA TALK ABOUT DATA CENTER, BUILD OUT TIMELINES. UM, WE WILL LIKELY TALK ABOUT CLRS AND BRING YOUR OWN GENERATION, THOSE SSO REQUIREMENTS AND CONTINUE DISCUSSION ON NOER 2 82. WHILE THESE MIGHT PLAY INTO BATCH STUDIES IN THE FUTURE, THEY'RE NOT REALLY DIRECTLY PART OF THE BATCH PROCESS AT THIS POINT. RIGHT. AND WITH THAT, I SEE MR. BARNES IN THE QUEUE. BOB, I HAD A QUESTION ON THE GRID ASTRA, UM, EFFORT. IT WASN'T, IT'S NOT CLEAR WHAT THIS TOOL'S INTENDED TO DO. ARE WE, IS THIS CONTEMPLATED TO, TO BE THE SYSTEM TO PERFORM THE BATCH STUDY OR TO ASSIST IN SOME WAY? I THINK IT'S TO ASSIST IN SOME WAY, BUT I'M HAPPY TO LET SOMEONE FROM ERCOT RESOURCE INTEGRATION. AND WILL THIS CHANGE THE SIM FORMAT OF ALL THE DATA YOU SUBMIT FOR THE NETWORK MODEL? 'CAUSE THAT WOULD BE A BIG PROBLEM. I DON'T BELIEVE SO BECAUSE THEY'RE RUNNING ON THE CURRENT ERCOT MODELS, WAS MY UNDERSTANDING. OKAY. SO THIS, THIS WOULD SOMEHOW INTEGRATE IN THE CURRENT PROCESS AND NOT CHANGE THE FORMAT OF THE INFORMATION THAT YOU HAVE TO SUBMIT TODAY? I DON'T BELIEVE IT'S GONNA CHANGE THE FORMAT. OKAY. FANTASTIC. I MEAN, THEY, THIS WAS A REAL, THIS WAS A REAL STUDY. THEY RAN ON THE REAL 20 20 31, UH, REGIONAL TRANSMISSION PLAN. OKAY. SO, AND THEN, UM, WE REALLY VALUE OUR MONTHLY UPDATES FOR THE LARGE LOAD INTERCONNECTION QUEUE. YEAH. THE, UH, THEY, AND I THOUGHT WE HAD MADE THE DECISION. THEY'RE NOT, WE DID, DID, AND I SCREWED THAT UP. THAT'S ON ME. SO WE SEE THOSE AT LWG. JUST TO CONFIRM, WE, THEY WILL BE AT L-L-L-W-G IN THE FUTURE. THEY, THEY, THE FORMER CHAIR WILL SEE IF HE'S ABOUT TO BE THE CURRENT CHAIR OR NOT, UM, SHOULD HAVE PUT THAT ON THE AGENDA. AND BOTH HE AND THE VICE CHAIR MESSED THAT UP. SO THINK ABOUT THAT WHEN WE GET TO THE NEXT PART OF THIS, WHICH IS APPROVING THE CHAIR AND VICE CHAIR FOR NEXT YEAR. THERE'S A LOT GOING ON, SO I GET IT. THANKS. DO YOU HAVE A RECOMMENDATION ON HOW WE VOTE ON ? UM, LET ME GET THROUGH THE, LET ME GET THROUGH THE QUEUE AND WE'LL COME BACK TO THAT. UH, ERIC, UM, JUST TO FOLLOW UP ON BILL'S QUESTION ABOUT THE REPORT, I APPRECIATE THAT YOU DIDN'T PUT ON THE AGENDA, BUT DID ERCOT CREATE THE PRESENTATION AND PUBLISH IT ANYWHERE? I DON'T BELIEVE THEY DID. SO HOW IS THAT YOUR FAULT? BECAUSE IF I HAD PUT IT ON THE AGENDA, ERCOT WOULD'VE GENERATED THE REPORT. I'M, I'M SURPRISED THAT THEY'RE NOT ALREADY GENERATING IT. I THOUGHT THAT WAS KIND OF WHAT THE EXPECTATION WAS. I'M NOT ASKING YOU TO ANSWER THAT QUESTION, OBVIOUSLY, ERIC, WE, YEAH, WE FRANKLY SCREWED UP. WE WILL ATTEMPT TO DO BETTER. OH, OKAY. UM, DOES ERCOT PLAN TO PUBLISH THAT SOON? HEY, ERIC, THIS IS AG SPRINGER ERCOT. I CAN, UH, SPEAK TO THAT. SO, UH, UH, WE CAN, UM, LOOK AT, AT DOING A, UH, A FEBRUARY UPDATE AND ADDING IT TO THE LWG MEETING PAGE, UH, SOMETIME THIS WEEK. UM, YOU KNOW, AS, AS MATT, MATT COMMUNICATED, YOU KNOW, THERE'S QUITE A LOT OF WORK WITH THE, THE BATCH STUDY GOING ON AND, UH, JUST, UH, UH, WITHOUT IT ON THE AGENDA, UH, WE NEGLECTED TO POST IT, BUT WE CAN, UH, UH, GENERATE AND GO BACK. THANK YOU. I, I GUESS, ERIC, I'D ASK YOU THOUGH, DO YOU REALLY WANT A FEBRUARY UPDATE OR WOULD NEXT LLWG IS MARCH 13TH? I DON'T WANT ERIC OUT TO DO TWO BETWEEN NOW AND I, I APPRECIATE THAT. UM, YOU KNOW, JUST THIS IS ONE OF THE MOST IMPORTANT INDICATORS IN THE AIRCAP MARKET RIGHT NOW. COMPLETELY AGREE. BUT YOU KNOW, WHETHER THE ANSWER IS 236 OR 245 OR 310, DOES IT MAKE ANY DIFFERENCE? I THINK IT DOES. OKAY. SORRY, AG [02:05:04] NO PROBLEM. YEAH, BOB, I, I CAN COORDINATE WITH YOU ABOUT, UH, WELL, WE CAN GENERATE IT AND, UH, WE WILL, WE WILL GET IT POSTED. OKAY. THANKS AJ. UH, DURGA, UH, I, I, I ASKED THIS QUESTION LAST TIME IN THE BATCH LLWG MEETING AS WELL. IS THERE ANY DIRECTIVE ON HOW THE FICTITIOUS GENERATORS THAT NEEDS TO BE ADDED TO SOLVE THE CASE? I, I'M SORRY, I I CAN'T HEAR YOUR QUESTION. COULD YOU SPEAK LOUDER? SOMEBODY IN THE ROOM. TELL ME WHAT HE SAID. CAN YOU HEAR ME NOW? YEAH, TRAIN. GO AHEAD. WHAT ABOUT, CAN YOU HEAR ME NOW? WORSE. WORSE. OKAY, . I'LL TRY. UH, SO WE, WE TALKED ABOUT, I ASKED THIS QUESTION IN THE LAST LLWG MEETING ABOUT ADDING FICTIOUS GENERATOR INTO THE STUDIES, UH, TO MAKE THE CASE SOLVE. UM, IS THERE ANY DIRECTIVE RIGHT NOW THAT'S, UH, IS PLANNING ON THE SITE TO LET, LET'S SAY WE WANT TO DO A STUDY IN HOUSE TO MIMIC WHAT'S GOING ON. UH, IS THERE A DIRECTIVE ON HOW TO ADD THE FICTIOUS GENERATORS BECAUSE THE LOCATION OF THE FICTIOUS GENERATOR IMPACTS THE RESULTS? SO IS THERE ANY DIRECTIVE THAT'S, UH, THAT OUR COURT IS WORKING ON RIGHT NOW? AG? CAN YOU TAKE THAT ON? THAT, THAT'S SOMETHING I THINK WE WILL TOUCH ON AT TOMORROW'S WORKSHOP. SO I THINK IT'S BEST TO LEAVE THE DISCUSSION TILL THEN. OKAY. UH, MY, MY SECOND QUESTION IS, UH, I THINK SOMETIME IN DECEMBER LAST YEAR OR JANUARY, WE HAD THIS, UH, UH, THE, THIS, UH, GRAPH FROM A TC, I THINK FROM PJM, UH, WITH THE RAMP RATE AND THE AMPLITUDE OF THE LOADS WHERE SHOWCASED, UH, IT WAS. SO, IS, IS THERE SOMETHING SIMILAR TO THAT THAT REPORT IS WORKING ON RIGHT NOW FOR OUR DESIGN PURPOSES? APART FROM WHAT, UH, JONATHAN SHOWED LAST TIME, UH, I'M SORRY. I'M NOT SURE WHAT GRAPH YOU'RE REFERRING TO. YEAH, THIS IS JEFF. I, I CAN TAKE THAT. SO YEAH, I, I THINK IT, IT NOTHING MORE THAN WHAT JONATHAN SHOWED AT THE WORKSHOP, OR SORRY, AT THE, UH, LOWG MEETING. UH, BUT WE ARE WORKING ON REVISION REQUESTS THAT WOULD LAY OUT WHAT THOSE SPECIFIC REQUIREMENTS ARE. SO NO RESTRICTION ON RAMP RATES AND AMPLITUDE YET? UH, NOT, NOT AT THIS TIME. OKAY. THANK YOU. OKAY. YOU'RE GOOD, MARTHA. THANKS, BOB. MARTHA HENSON, I APPRECIATE THE UPDATE THAT PATRICK GAVE EARLIER ON NO, GO 2 82. I THINK MAYBE THAT ISSUE HAS HAD A LITTLE BIT LESS VISIBILITY HERE OVER THE LAST SEVERAL MONTHS SINCE IT'S BEEN, AS IT'S BEEN WORKED ON. AND GIVEN THAT THERE'S PROBABLY ONLY TWO MORE LLWG REPORTS THAT YOU'LL BE GIVING BOB, UH, PRESUMING MARCH AND THEN APRIL, AND THEN WE'LL NEED TO CONSIDER ATTACK VOTE ON THAT ITEM. IF, IF THERE'S SOME WAY YOU COULD MAYBE WORK WITH PATRICK AND POTENTIALLY SANDEEP IF NEEDED, TO SORT OF START BRINGING A MORE GRANULAR BREAKDOWN OF ISSUES THAT HAVE BEEN RESOLVED AND ARE STILL OUTSTANDING AND LIKE MORE OF A PAPER TRAIL ON WHERE THE ISSUES ARE WITH THAT NOUR STARTING NEXT MONTH. I THINK THAT WOULD BE SORT OF INFORMATIVE TO PEOPLE. UH, BECAUSE I THINK THAT THE SECOND REPORT IN APRIL THAT YOU GIVE IS KIND OF THE LAST YEAH, THE LAST ASSESSMENT WE'LL REALLY GET. AND SO IF Y'ALL COULD THINK ABOUT DOING THAT LIKE IN A LITTLE MORE DETAIL NEXT MONTH AND IN APRIL, THAT COULD BE REALLY HELPFUL. I THINK CERTAINLY IN MARCH WE NEED TO DO THAT. APRIL, WE MAY ALREADY HAVE A RECOMMENDATION FROM ROS BEFORE, UM, LLWG MEETS. SO REALLY APRIL OR MARCH IS GONNA BE REALLY IMPORTANT. THAT'S, THAT'S FAIR. AND, UM, I GUESS JUST TO THE EXTENT THAT THERE'S NOT A CLEAR RECOMMENDATION OR CONSENSUS AT LLWG, BUILDING THAT INTO THE RECORD SOMEWHERE, EVEN JUST IN SLIDES, I THINK IS GONNA BE REALLY IMPORTANT. OKAY. THANKS. THANK YOU FOR THAT FEEDBACK. UM, SANDE, YEAH, BACK ON THE QUESTION ON THE CHARTS, UH, THAT'S MORE OF A QUESTION TO AG IN DECEMBER. I THINK WE, WE ALL SUBMITTED RESPONSES TO THE RFIS THAT WILL GIVE YOU OR GIVE A MORE, UH, UPTODATE LIST OF ALL THE LARGE LOADS, UH, IN THE QUEUE THAT CAME EVEN DURING THE INTERIM PERIOD. UH, WILL THAT BE REFLECTED IN THE NEXT CHART THAT GETS POSTED? AND WILL THAT CHANGE, DO YOU ANTICIPATE CHANGE, UH, THAT IT'LL CHANGE THE, THE GIGAWATTS, WHETHER IT'S 200 OR TWO 30 OR, UH, OR, OR THAT FORECAST, OR IS IT DRIVEN BY A DIFFERENT SOURCE? HEY, SANDEEP, UH, SO I CAN'T COMMIT, WE'RE STILL PROCESSING, PROCESSING THE RFI RESPONSES, SO I CAN'T COMMIT TO WHETHER IT WILL IMPACT DATA FOR FEBRUARY. I WOULD EXPECT IT TO BE REFLECTED IN THE MARCH UPDATE. UM, YOU KNOW, TO THE EXTENT THAT WE ARE MADE AWARE THAT PROJECTS HAVE WITHDRAWN, THAT WOULD OBVIOUSLY BE REFLECTED. UM, [02:10:01] SOME OF THE, THE INFORMATION THAT'S ASKED FOR IN THE RFI IS NOT REALLY DIRECTLY REFLECTED IN THOSE CHARTS. SO, UM, THERE MAY BE SOME SHUFFLING, BUT I, I DON'T KNOW HOW VISIBLE, VISIBLE IT'LL BE IN THE, IN THOSE CHARTS SPECIFICALLY. GOT IT. THANKS. YEAH, I, IF ANY, YOU MAY SEE MORE REQUESTS IN THAT THAN WHAT YOU WERE AWARE OF. OKAY. THANK YOU. MANNY, YOU WANNA READ YOUR QUESTION OR WOULD YOU LIKE ME TO DO IT? UH, EITHER WAY, BOB, WHICHEVER WORKS FOR ME. YEAH, GO AHEAD. UH, OKAY. SO THE ONLY QUESTION I HAD, I, I SAW THE MARKET MINISTER FROM LAST, FROM YESTERDAY OR A COUPLE DAYS AGO, UM, HAD A QUESTION ON AND ALSO SAW THE MATERIALS FROM THE, FROM THE BOARD MEETING. BUT DOES IT EFFECTIVELY PLACE A CAP OR LIMIT ON THE LOADS BE INTERCONNECTING TO THE FAR WEST TEXAS SYSTEM? IT SEEMED, IT WOULD SEEM THAT A LOW WIND, NO SOLAR SCENARIO WOULD BE, WOULD BE PRETTY CONSTRICTING. SO I WANTED TO GET SOME, UH, IF THERE WAS ADDITIONAL COLOR THAT ERCOT CAN PLACE, UH, CAN PROVIDE, THAT WOULD BE VERY HELPFUL. AND THAT QUESTION'S ERCOT, RIGHT? YEAH, THAT'S RIGHT. THIS IS AG. I, I CAN SPEAK TO THAT ONE AS WELL. UM, SO THE INTENT IS NOT TO PLACE A, A CAB. IT IS, UM, TO RECOGNIZE THAT, YOU KNOW, THERE IS NOW A RELIABILITY ISSUE THAT HAS BEEN IDENTIFIED IN THAT AREA. AND TO ENSURE THAT THE, UH, PLANNING ASSESSMENTS, UH, THE INTERCONNECTION STUDIES ARE, UM, ASSESSING THE IMPACT OF THE PROPOSED LOADS ON THAT, UH, UH, RELIABILITY, UH, ISSUE HAS BEEN IDENTIFIED. AND SO, UM, THE REQUIREMENT IS THAT IF, IF THE STUDIES DID NOT PREVIOUSLY CONTAIN A NO SOLAR SCENARIO, UM, THEN THEY NEED TO BE UPDATED WITH ONE. AND THAT WOULD, UH, BE APPLIED TO ANY PROJECTS THAT HAVE NOT MET, UH, SECTION 9.5 OF THE ER COMP PLANNING GUIDE. OKAY. THANKS, . YOU'RE UP AGAIN. THANK YOU. UH, SO WE RECEIVED THE MARKET NOTICE, UH, THIS MONTH, UH, THIS WEEK. THANK YOU FOR THAT. UH, ONE QUESTION, AG FOLLOW UP QUESTION ON THAT. SO WHAT CASE WOULD BE PICKED UP FOR THAT SENSITIVITY? IS IT, UH, SUMMER P CASE OR HRML CASE? SO, UH, THERE IS NO CURRENT, NO DEDICATED, NO SOLAR OR PEAK NET LOAD CASE. THAT IS, I BELIEVE SSW IS IN THE PROCESS OF CREATING THE FIRST ONE. BUT, UM, I, IF, UH, IN THE MEANTIME, UH, TSPS, UH, SHOULD REACH OUT TO THE ERCOT LARGE LOAD INTEGRATION TEAM, I THINK WE'VE ALREADY GOTTEN SEVERAL INQUIRIES. UM, AND SO WE'RE WORKING WITH TSPS TO HELP THEM, UH, ESTABLISH THE STUDY CRITERIA. SO THIS IS FOR A NIGHTTIME SCENARIO, RIGHT? AG UH, SO THE BEST DISPATCH CAN BE TO FULL AT THIS TIME BECAUSE WE ARE THINKING NO SOLAR SCENARIO. SO IT IS, UM, PRACTICAL TO DISPATCH THE BEST OF FULL. IS THAT A FAIR ASSUMPTION? UH, I, I DON'T THINK I'M READY TO, TO COMMENT ON SPECIFIC STUDY ASSUMPTIONS. WE'RE WORKING WITH, UH, THE TSPS TO DEVELOP THOSE, BUT WHAT EXACT SCENARIO ARE WE TALKING? IT'S A, IT'S A STEADY STATE STUDY IS A SNAPSHOT SCENARIOS, RIGHT? SO IT'S NOT A, LIKE, IT'S NOT LIKE 87 60 STUDY. SO WHAT SNAPSHOT SCENARIO ARE WE TRYING TO REPLICATE HERE? THE INTENT IS TO REPLICATE A NO SOLAR OR LOW WIND TYPE SCENARIO. SO MOSTLY EVENING TIME. CORRECT. OKAY. THANK YOU NED. YEAH, I'M JUST TRYING TO CONNECT THIS CONVERSATION WITH THE CONVERSATION WE WERE HAVING EARLIER. KAITLYN'S SHAKING HER HEAD. NO, NO, THEY'RE ALL CONNECTED. YEAH, THEY ARE. YEAH, THEY'RE ALL CONNECTED, RIGHT? IT'S A, IT'S A SHENANIGAN QUESTION. SO, UM, THERE'S A THREAD. YEAH. SO IT'LL BE AN ACTION ITEM AS IT AS ERCOT IS LOOKING AT THE NO SOLAR SCENARIO. WILL THAT INCORPORATE ANYTHING THAT COMES OUT OF THE NPR 1315? UH, WHATEVER COMES OF THAT? UH, I DON'T KNOW THAT I HAVE A RESPONSE AT THIS TIME ON THAT PARTICULAR INTERACTION. OKAY. THAT'S THERE. IT WAS FOR QUESTION JUST CAME TO MIND EVAN, EVAN A WITH LANCIA. I HAVE JUST A COUPLE QUESTIONS HERE. UM, I GUESS FIRST IS, DO THESE CASES EXIST TO PERFORM THESE STUDIES? SO, AS I SAID A MOMENT AGO, S-S-W-G-I BELIEVE IS DEVELOPING THEM, BUT THEY DO NOT CURRENTLY, UH, EXIST. OKAY. SO THIS, THIS SCENARIO CANNOT BE STUDIED AS IS RIGHT NOW, NOT WITH AN OFF THE SHELF CASES. [02:15:02] OKAY. AND, AND SO IT IS. OKAY. THANKS. UM, NEXT QUESTION. IT LOOKS LIKE IT'S SIMILAR TO, TO WHAT BAR ROTH HAD PUT IN THE CHAT IS, UM, IT JUST SEEMED LIKE THERE WERE SOME INCONSISTENCIES WITH THE MARKET NOTICE AND THE MATERIALS THAT WERE PROPO OR SHARED WITH THE BOARD ABOUT WHAT COUNTIES REALLY IMPACTED THE, UH, IROL THAT IS, UM, BEING DISCUSSED. AND SO I'M JUST KIND OF CURIOUS WHY THE, UH, INCLUSION OF COUNTIES FOR THE MARKET NOTICE WAS, WAS SO BROAD WHEN, UM, IT DOESN'T SEEM LIKE LOAD ADDITIONS IN THOSE COUNTIES WOULD HAVE ANY IMPACT ON THE EXISTING ROOLS. HEY EVAN, THIS IS FREDDY. UM, SO JUST TO ANSWER THAT QUESTION, WE, WE DID DO AN EVALUATION ON WHAT SUBSTATIONS HAVE, UH, WHERE IF YOU WERE TO ADD LOAD TO THAT SUB SUBSTATION WOULD HAVE A NEGATIVE IMPACT ON THE FAR WEST, UM, IOL AND THOSE WERE THE COUNTIES, UH, THOSE COUNTIES INCLUDED THOSE SUBSTATIONS AND THOSE WERE THE COUNTIES THAT WERE INCLUDED IN THE, IN THE MARKET NOTICE. OKAY. THANKS FREDDY. THAT'S HELPFUL. ARE, ARE Y'ALL PLANNING ON SHARING THE DETAILS OF THAT ANALYSIS? I'M GUESSING, I'M JUST CURIOUS WHAT THE, THAT THRESHOLD IS. SO THEY'RE BASICALLY ANY COUNTY THAT HAS A, A HURTING SHIFT FACTOR OR HAS A HURTING SHIFT FACTOR, UM, I DON'T KNOW IF WE CAN NECESSARILY SHARE THAT JUST BECAUSE OF THE ECII, BUT, UH, I'LL SEE WHAT WE CAN, WHAT WE CAN DO. OKAY. I APPRECIATE THAT. I MEAN, JUST 'CAUSE THINKING OF SENSITIVITY THERE, LIKE IS IT A 1% HURTING SHIFT FACTOR, LIKE A 15% HURTING SHIFT FACTOR, I THINK WOULD, WOULD BE, UM, SIGNIFICANT INFORMATION. UNDERSTAND. AND THEN JUST ONE LAST CLARIFICATION QUESTION ON THE MARKET NOTICE ITSELF IS AJ, YOU JUST SAID THAT IT ONLY APPLIES TO LOADS THAT HAVEN'T MET THE SECTION 9.5 REQUIREMENT. SO WHAT ABOUT LOADS THAT ARE KIND OF OUTSIDE THAT INTERIM PROCESS? SO I, I COULD THINK THAT THERE'S PROBABLY LOADS ON THE SYSTEM THAT HAVE MET 9.5 REQUIREMENTS, BUT MAYBE HAVEN'T MET 9.4 REQUIREMENTS BECAUSE THEY WEREN'T REQUIRED TO MEET 9.4 REQUIREMENTS OR, OR, YOU KNOW, CAN YOU JUST HELP ME RECONCILE, UM, THINGS THAT WERE OUTSIDE THE INTERIM LARGE LOAD PROCESS WHERE THOSE FIT IN? SO, UM, IF, IF STUDIES ARE NOT COMPLETE, THIS APPLIES TO AS, AS WELL. SO, UM, YOU KNOW, IF THE PROJECT HAS NOT MET SECTION 9.4, WHICH IS THE COMPLETION OF STUDIES, THEN UH, THAT WOULD ALSO FALL UNDER THE SCOPE OF THE NOTICE AND THAT NEED TO BE UPDATED. OKAY. SO ANY PROPOSED RPG PROJECT WITH LOADS THAT MEET THAT IN, UM, THOSE COUNTIES WOULD, WOULD BE IMPACTED? YEAH, I'M SORRY. I DON'T HAVE THE NOTICE PULLED UP IN FRONT OF ME RIGHT NOW. UH, BUT YEAH, IT'S, IT'S INTENDED TO IMPACT ANY INTERCONNECTION STUDIES IN BUROUGHS INTERCONNECTING IN THAT REGION. OKAY. THANKS. I APPRECIATE, UH, THE ANSWERS. THANKS. UM, BAR, HEY, BAR, I GUESS I'M TRYING TO UNDERSTAND WHAT ARE THE OUTCOMES OF THE STUDY? WHAT ARE THE CONCLUSIONS AND HOW DOES IT IMPACT THE LOADS THAT ARE IN THESE COUNTIES? THE, THE GRID AFTER STUDY OR NO, NO, NO. OKAY. THE MARKET NOTICE, THE, SO THE, THE MARKET NOTICE REQUIRES THAT THE INTERCONNECTION STUDIES FOR PROJECTS IN THE AFFECTED COUNTIES BE UPDATED TO INCLUDE A, UH, NO SOLAR SCENARIO, UM, TO ASSESS THE IMPACT ON THE, UM, THE I RLS THAT HAVE BEEN IDENTIFIED. AND SO, UH, THE OUTCOME COULD BE A CHANGE TO THE PREVIOUS, UH, STUDY RESULTS. UM, AND SO, UH, YEAH, THAT, THAT'S THE POTENTIAL OUTCOME. SO IF, IF A LOAD THAT WAS, THAT, THAT SATISFIED 9.4 NOW WORSE SINCE THE IROL WITH THE SHIFT FACTORS, THAT APPROVAL WILL BE TAKEN UP, TAKEN BACK BY OUR CARD. IS THAT ACCURATE? YES, PER, I THINK IT'S PARAGRAPH EIGHT OF THE, UH, SECTION 9.4. THIS WOULD CONSTITUTE A MATERIAL CHANGE TO THE STUDY ASSUMPTIONS AND REQUIRE THE STUDIES TO BE UPDATED. OKAY. THANK YOU. UH, JOHN RUSH, JOHN RUSH SUBURB WITH TIEC. UM, DOES, DOES ERCOT PLAN TO HAVE KIND OF, I, WELL, ONE, I APPRECIATE ERCOT HAVING SUCH A ROBUST DISCUSSION, UH, WHEN THIS WASN'T REALLY ON THE AGENDA, BUT DOES ERCOT PLAN TO HAVE A MORE ROBUST DISCUSSION ON THIS? [02:20:01] UM, AT SOME STAKEHOLDER FORUM? I, I JUST ASKED BECAUSE THERE WAS A PREVIOUS KIND OF CONSENSUS AT ATTACK MEETING THAT TO THE EXTENT POSSIBLE, ERCOT WOULD AVOID GOVERNING OR CHANGING POLICIES THROUGH MARKET NOTICES AND NOT WORKING THROUGH THE STAKEHOLDER PROCESS. UM, AND SO I'M HOPEFUL THAT, UH, THERE WILL BE MORE DISCUSSION ON THIS THERE. HEY, JOHN? YEAH, I, UH, CERTAINLY AM HAPPY TO SUPPORT DISCUSSION THAT OTHER, OTHER FORMS OF STAKEHOLDERS WOULD LIKE TO CONTINUE IT, BUT I WOULD NOT CHARACTERIZE THIS AS A CHANGE IN POLICY. UH, THIS IS A NEWLY IDENTIFIED RELIABILITY RISK THAT, UM, YOU KNOW, PER OUR RELIABILITY OBLIGATIONS NEEDS TO BE ALSO ASSESSED, UH, FOR PROJECTS THAT ARE, UH, LOOKING TO INTERCONNECT IN THAT REGION. UH, SO I, I WOULD CHARACTERIZE THIS NOT AS A POLICY CHANGE, BUT AS A, UM, A CHANGE TO OUR UNDERSTANDING OF THE SYSTEM THAT PER EXISTING LANGUAGE THAT HAS BEEN APPROVED BY STAKEHOLDERS IN THE COMMISSION, IN THE PLANNING GUIDE, UH, MODIFIES, UH, THE STUDY ASSUMPTIONS FOR LOADS LOOKING TO INTERCONNECT IN THAT REGION. AND AS A RESULT, UH, THE PLANNING GUIDE REQUIRES THAT THOSE STUDIES BE UPDATED. I, I APPRECIATE THAT CLARIFICATION. I GUESS, UM, MY POINT WAS THAT CURRENTLY THE PLANNING GUIDE LISTS THE STUDIES THAT, UH, LOAD INTERCONNECTING LOADS HAVE TO GO THROUGH. AND THIS WOULD NOT BE ON THAT LIST, RIGHT? NO. THIS, THIS WOULD BE A MODIFICATION TO BOTH THE STEADY STATE AND POTENTIALLY THE STABILITY STUDIES, UH, WHICH ARE, ARE DESCRIBED IN SECTION 9.3 IN THE PLANNING GUIDE. OKAY. UH, SANDY, CAN I, CAN I INTERJECT HERE? ARE THERE QUESTIONS RELATED TO THIS WORKING GROUP PRESENTATIONS STILL OUTSTANDING, OR THE REST JUST ABOUT THE MARKET NOTICE? I DON'T, I DON'T MEAN THIS IN A MEAN WAY, IT'S A REAL QUESTION. UM, OKAY, SO LET, BUT LET'S TAKE QUESTIONS FIRST. IF WE, WE NEED BOB UP HERE STILL. I, I HAVE ONE ON THE NEXT ISSUES, THE SSO REQUIREMENTS, ARE WE HEADED TOWARDS A REVISION REQUEST THERE? YES. OKAY. AND THEN, UM, ON THE CLR AND BYOG, JUST COORDINATE WITH MATT. I THINK WE'RE TRYING TO KEEP, YOU KNOW, ABSOLUTELY THE NEW INFORMATION AT THE BATCH AND THE UPDATES THERE, BUT, BUT THAT'S WHAT YOU'RE ALREADY DOING. AND THEN ON SLIDE FOUR, NEXT TIME, CAN YOU PUT EMOJIS? CAN YOU SAY LIKE, CLEAN GRID, DID THIS SAD FACE OR HAPPY FACE? UM, OKAY. AND THEN I COULD ADD AG. WOULD YOU LIKE TO TAKE QUESTIONS ON THE MARKET NOTICE NOW, OR DO YOU WANT LIKE A BREAK AND TO COME BACK AFTER LUNCH AND, AND MAYBE RESUME QUESTIONS ON THAT? UH, I WILL DEFER TO THE, THE WILL OF TACK ON THAT ONE. I'M, I'M HAPPY TO SUPPORT EITHER WAY. I THINK IT'S, IT'S UP TO YOU, BUT TO THE EXTENT IT'S SORT OF A BIG DISCUSSION IN ITS OWN DISCUSSION, UM, IF ORCUTT WOULD RATHER DO THAT LATER UNDER ORCUTT REPORTS OR OTHER BUSINESS, UM, WE, WE CAN DO THAT, OR WE CAN SEE IF WE CAN WRAP UP WITH THESE THREE QUESTIONS NOW. I THINK LET'S, LET'S SEE IF WE CAN, CAN WRAP UP RATHER THAN BREAKING UP THE DISCUSSION. OKAY. OKAY. , YOU'RE UP. SO, EXTERNAL EXIT STRATEGY THAT I'VE GOT IS HATCHING OUT RIGHT NOW, OR THAT'S, THAT'S GONNA TAKE SOME TIME FOR THE GTCI. I'M SORRY, UH, , I, I LOST THE FIRST PART OF THE QUESTION. CAN YOU REPEAT PLEASE? UH, IS THERE AN EXIT STRATEGY FOR THIS GTC THAT'S ALREADY PLANNED OUT OR IT'S GONNA TAKE SOME TIME TO COME UP WITH AN EXIT STRATEGY FOR THIS GTC, THESE TWO GTCS ACTUALLY NOT TOO FAR EAST, SOUTH TO FAR WEST THAT I'M LOOKING TO SEE IF, UH, SO THIS IS FRED. I CAN, I CAN PROBABLY HELP WITH THAT. UM, SO THAT, THAT'S CURRENTLY BEING EVALUATED BY OUR, UH, ASSISTANT PLANNING TEAM. UM, AND I THINK KEITH ALLUDED TO THIS EARLIER, BUT I THINK ULTIMATELY WHAT IT, WHAT IT WILL BE IS, IS THE 7 65 KV WILL PROBABLY BE, THAT PART OF IT WILL BE THE, THE EXIT STRATEGY. BUT, UH, OFFICIALLY THAT'S BEING REVIEWED, ANALYZED, AND I EXPECT THAT SHOULD BE, UH, PRESENTED, UH, SOMETIME IN THE NEAR FUTURE. SO WE SHOULD BE, UH, LIVING WITH THESE TWO GTC STILL 2030. IS THAT, IS THAT TRUE? IF 7 65 ARE THE SOLUTION, THEY'RE GONNA COME IN 2030. SO IS THAT THE SOLUTION? AND, AND IF YES, THEN YEAH, IT, IT KEEPS BINDING FOR WESTERN FAR WEST PROJECT. SO JUST TRYING TO UNDERSTAND IF WE HAVE TO LIVE WITH THIS FOR THE NEXT FOUR [02:25:01] YEARS. AND IS THERE A STUDY THAT'S COMING? BECAUSE THERE IS NO SPECIFIC STUDY REPORT THAT SHOWS THE HOW THE GTC CAME ALONG. I, I THOUGHT IT'S A VSAT ISSUE, BUT IS THERE A REPORT THAT'S COMING ALONG FOR THESE GTCS? SO IT, INITIALLY WHEN WE, WHEN WE EVALUATED, UH, IT WAS A THERMAL CASCADING, UH, CONSTRAINT. UH, AND, AND THAT'S WITH ALL LINES IN SERVICE. UH, AS YOU CAN IMAGINE, UH, THERE ARE SOME OUTAGES THAT WILL NEED TO BE TAKEN IN THE, UH, FAR WEST TO HELP CONSTRUCT ADDITIONAL, UH, TRANSMISSION. BUT WHAT WE ARE SEEING IS THAT, UH, DEPENDING ON WHAT LINES ARE OUTAGE, IT CAN INTRODUCE A VOLTAGE STABILITY PROBLEM. UM, SO THESE ARE ALL THINGS THAT WE ARE LOOKING AT, WE ARE CONSIDERING. UM, BUT IT, IT, IT, IT CAN BE OF OLD STABILITY PROBLEM UNDER CERTAIN CONDITIONS, UM, AND CERTAIN OUTAGES. YEAH. ONE, ONE LAST COMMENT. IF, IF SOME AN INTERIM SOLUTION IS SOMETHING THAT WE CAN COME UP WITH, THAT'LL BE GREAT BECAUSE IF WE KEEP ON WAITING FOR THE SEVEN 60 FIVES TO HAPPEN, THEN IT'S FOUR YEARS AND PROJECTS WHICH ARE IN WESTERN AND FOREST SEE THESE TWO GTCS BINDING AND IMPACTS THE, ANY PROJECT THAT SETTLES IN UP IN NORTH HUB, IT, IT JUST, UH, IS A LOT OF, UH, FINANCIAL HIT. SO, UH, IF THERE'S INTERIM SOLUTION THAT CAN COME UP, THAT'LL BE, THAT'LL BE GREAT, RIGHT? AND, AND THAT'S SOMETHING THAT AT LEAST FROM A RELIABILITY PERSPECTIVE, WE, WE WE'RE LOOKING AT EVERY DAY, UM, UH, BECAUSE THIS IS A VERY IMPACTFUL, UH, CONSTRAINT. UM, AND THAT'S SOMETHING THAT WE ARE, ARE ACTIVELY INVESTIGATING AND SEEING WHAT, WHAT OPTIONS WE HAVE, UM, AND, AND HONESTLY WILLING TO, UM, ENTERTAIN ANY IDEAS. OKAY. THANK YOU, SAM, YOU'RE UP. THANKS, SAM WITH AGTECH. I THINK FREDDY ACTUALLY JUST ANSWERED MOST OF MY QUESTION RELATED TO IF IT'S A THERMAL OR VOLTAGE STABILITY ISSUE. BUT YEAH, I GUESS MAYBE THERE'S, UM, SOLUTIONS THAT COULD BE MADE FOR THE VOLTAGE INSTABILITY AND THEN USE RE-DISPATCH FOR THE THERMAL ISSUES. BUT THAT'S IT. THANKS, UH, SETH? YEAH, I, I ACTUALLY THINK ERCOT IS DOING THE RIGHT THING HERE. I KNOW IT'S A CHANGE IN POLICY, BUT IF WE DON'T DO THIS AND WE CONTINUE TO HAVE LOAD COME INTO THE FAR WEST, WE'RE JUST GONNA PROCURE MORE CONTRACTS FOR CAPACITY AND INTERFERE WITH THE MARKET. SO I, YOU KNOW, I THINK ERCOT IS DOING THE RESPONSIBLE THING HERE WITH THIS CHANGE. I JUST WANT TO SAY THAT. YEAH. THANK YOU, SETH. UM, NEXT UP ON THE AGENDA IS, IS THE BIGGER IDIOT THEORY. AND, UM, WE DID PULL THE LARGE LOAD WORKING GROUP FOR STUPID VOLUNTEERS, AND WE HAVE THE SAME IDIOTS WE HAD LAST TIME. SO, UM, YOU COULD, I WOULD RECOMMEND YOU PUT THIS ON THE COMBO BALLOT, HOWEVER, I WOULD BE OKAY IF SOMEONE SAID THIS WAS A REALLY BAD IDEA AND HAD A BIGGER IDIOT. I THINK IT'S A GREAT IDEA AND WE SHOULD PUT IT ON THE COMBO BALLOT. THANK YOU. SORT OF YOU'RE WELCOME. SORT OF. UM, OKAY. THANKS, BOB. ALL RIGHT. UH, SO WE'RE GONNA PUT LWG LEADERSHIP ON THE COMBO BALLOT. UM, I'LL BE FEELING LUNCH RIGHT NOW, OR ARE WE FEELING ANOTHER COUPLE OF REPORTS? OH, MAN, I'M GETTING CONFLICTING. LET'S, LET'S SEE. I THINK THIS WILL BE FAST. LET'S, LET'S DO, DO ONE MORE. LET'S DO ONE MORE, I PROMISE. LET'S DO ONE MORE. LET'S DO THE RMS UPDATE SO THAT YOU, SO YOU DON'T HAVE TO STAY UNTIL AFTER LUNCH . OH, THAT'S, WE DO NOT HAVE LARGE SLOWED ITEMS. YEAH. THIS WILL BE A VERBAL UPDATE. [10. RMS Report (Vote)] WE DO HAVE ONE ITEM, UH, FOR TAC APPROVAL, AND THAT IS THE RMS, UH, OBJECTIVES, WHICH COREY IS GONNA PULL UP. WE DISCUSSED THESE AT THE LAST RMS AND THAT THEY'RE, THEY ARE A CARRYOVER FROM WHAT WE HAD ESTABLISHED IN 25. THE ONLY, UH, CHANGE THAT IS BEING MADE IS THE REMOVAL OF 25 TO MAKE THEM LESS TIME STAMPED. SO RECOMMENDATION IS THAT THIS ITEM BE PLACED ON THE COMBO BALLOT. OKAY. NO OTHER UPDATE FROM RMS. JUST, JUST A COUPLE QUICK THINGS. OKAY. REAL QUICK, WHAT WE ACCOMPLISHED THE LAST MEETING, WE DID APPROVE ALL OF OUR WORKING GROUP LEADERSHIP. WE APPROVED SERVICE LEVEL AGREEMENTS FOR, UM, MARKET DATA TRANSPARENCY, RETAIL IT [02:30:01] SERVICES, AND THE RETAIL LISTSERV ALSO APPROVED TWO CHANGES TO TEXAS SET, UH, FOR A FUTURE TEXAS SET RELEASE. UH, THE RETAIL OR THE TEXAS RETAIL MARKET TEST PLAN IS LARGELY FINISHED AS FAR AS EDITS AND DISCUSSIONS ARE UNDERWAY. NOW, WHETHER OR NOT THAT TEST PLAN SHOULD RESIDE IN THE PROTOCOLS OR IN THE RETAIL MARKET GUIDE. AND WE'RE CONSULTING WITH, UH, ERCOT MARKET RULES ON THAT. AND LAST, THE MARCH RMS HAS BEEN CANCELED. OKAY. ALL RIGHT. SO WE ARE LOOKING TO APPROVE THE RMS STRATEGIC OBJECTIVES WITH THE BIG CHANGE OF TAKING THE YEAR OFF. CAN WE PUT THIS ON THE COMBO BALLOT? AWESOME. OKAY. UM, LET'S LET SANDEEP [11. ROS Report (Vote)] DO HIS REPORT. LET'S GO, LET'S GO TO ROSS. IF WE CAN BRING UP OUR SLIDES FOR THE FE ROSS MEETING. YEAH. WE HAVE, UH, TWO, COUPLE, UH, TWO VOTING ITEMS FROM THIS ROSS. UH, BOTH WERE IMPACT ANALYSIS, UH, THAT WE HAD LOOKED AT LANGUAGE IN THE PAST. FIGURE 1 39 WAS A FAIRLY ADMINISTRATIVE TYPE WORK, UH, THAT HELPS CLEAN UP SOME DEFINITIONS AND, UH, OR OTHER LOCATIONS OF DEFINITIONS. AND NO, 2 81 ALSO WENT THROUGH, UM, OWG AND, UM, WAS APPROVED. AND THIS IS, AGAIN, IMPACT ANALYSIS THAT WE SAW EARLIER, UH, IN THE DAY, UM, THE NPRR 1307 CONTINUES TO BE DISCUSSED AT WMS. MOVING ON INTO ROSS ACTIONS. UM, WE HAVE, SO WE HAVE ABOUT, UH, COUNTED. WE HAVE 25 REVISION REQUESTS, UH, IN OUR QUEUE, UH, OF DIFFERENT SORTS. UM, 10 OF THEM I THINK, ARE RELATED TO LARGE LOADS. UH, SOME OF THEM WOULD, ONE OF THEM WAS DISCUSSED HERE, BUT A LOT OF THEM KIND OF FALL IN THAT CATEGORY WHERE THEY'LL BE ADDRESSED VIA THE BATCH PROCESS. IN, UH, THE PREVIOUS ROSS WE LOOKED AT FIGURE 1 41. IT WAS TABLED AND REFERRED TO PLWG, UH, NPRR 1317. THAT IS NON SETTLE GENERATION. UH, THAT'S ALSO, UH, GOT REFERRED TO PLWG AND N-D-S-W-G. THEY'RE ALSO LOOKING AT, UH, BIGGER ONE 40, WHICH IS RELATED TO THAT, UM, AT THE SAME TIME. AND THEN WE HAVE NPR RR 1319 SEASONALLY MARK BALLED, UH, PERIODS, UH, THAT IS STABLE AT ROSS. UH, EXPECT MORE DISCUSSION AT WMS TO KINDA GUIDE WHAT THAT LOOKS LIKE. NEXT FEW SLIDES, I WON'T, UH, WALK THROUGH THEM, BUT THAT'S, THEY ARE IN, IN SOME FORM OF EITHER TABLE FOR MORE REVIEW OR WAITING ON A BATCH PROCESS OR ON, ON ON OTHER THINGS. SO, IF WE SCROLL DOWN TO THIS SLIDE, UH, THIS IS, AGAIN, APPRECIATE ALL THE, UH, MEMBERS OF THE COMMUNITY WHO HAVE STEPPED IN AND STEPPED UP TO, UH, REPRESENT THESE WORKING GROUPS. UH, THIS LEADERSHIP WAS ENDORSED, UH, AT, UH, FEBRUARY ROSS, AND IT'S, UH, UP HERE, UH, FOR YOUR REVIEW. MOVING TO THE NEXT ONE WE HAVE, UM, NEXT MEETING WILL BE HYBRID MARCH FIVE, UH, AND THEN APRIL 2ND IS CURRENTLY PLANNED AS A WEBEX ONLY MEETING. UH, ONE THING TO NOTE, UH, DIDN'T MENTION, DON'T HAVE A SLIDE FOR, IT WAS AN OPEN ACTION ITEM. WE HAD ACTION ITEM ON, UH, UH, EPA REGULATIONS AND HOW THEY IMPACT MARKET. IT, IT HAD BEEN OPEN WITH US FOR A COUPLE OF, UH, I WOULD SAY YEARS NOW. UH, ROSS NEVER REALLY TOOK IT UP BECAUSE IT WAS ALMOST LOOKED AS A WMS LED ACTION. AND SO WE ARE, WE ARE LOOKING TO TACK AGAIN TO SEE IF, IF, IF WMS HAS WORKED THROUGH IT AND THERE'S NO NEED TO TAKE IT UP AT ROSS AGAIN, WE, WE WOULD SEEK THAT . BRIAN, JUST ON THAT SPECIFIC TOPIC, UM, I THINK THIS IS GOING TO CONTINUE TO BE AN ISSUE AND THINK ABOUT LARGE LOADS THAT HAVE, UH, DIESEL RESETS THAT ARE, UH, BACKUP GENERATORS. IF ERCOT IS USING ITS ABILITY TO CURTAIL LARGE LOADS IN ADVANCE OF AN EEA, UH, THEN THOSE LOADS ARE GONNA WANT TO STAY ON AND, OR STAY ONLINE. MAYBE NOT STAY CONNECTED TO THE ERCOT SYSTEM, BUT, UM, JUST THE FREQUENCY OF THAT COULD CAUSE ISSUES FOR, FOR HOW LONG, UM, THOSE, UH, THOSE BACKUP GENERATORS CAN RUN. SO THAT, I THINK THAT'S GONNA BE AN IMPORTANT THING FOR US TO, UH, UNDERSTAND. [02:35:04] UM, YEAH. MARTHA HENSON, JUST KIND OF THINKING AHEAD TO LATER IN THE MEETING WHERE WE'LL TALK ABOUT THIS UNDER THE OPEN ACTION ITEMS. I GUESS I'D JUST LIKE TO ASK YOU TO THINK, BRIAN, ABOUT WHETHER THAT'S SOMETHING ROSS CAN TAKE ACTION ON RIGHT NOW. IT'S NOT CLEAR TO ME THAT THERE'S SOMETHING THEY CAN ACTUALLY DO. SO MAYBE JUST BE THINKING ABOUT THAT SO WE CAN, YOU KNOW, KIND OF FIGURE OUT WHAT TO DO WITH THAT LATER IN THE AGENDA. IS BRIAN THE CHAMPION ON THIS ONE? I THINK IT'S GONNA BE RELATED TO THE PROTOCOLS FOR, UH, NET METERING CONDITIONS. UH, THAT, WHEN YOU SAY RIGHT NOW, UM, PROBABLY NOT RIGHT NOW, BUT IT WILL BE SOMETHING THAT, UH, IS IN OUR WORKFLOW AT SOME POINT. AND, YOU KNOW, LAST, JUST LAST SEPTEMBER, I THINK IT WAS, YOU KNOW, ERCOT HAD THIS REALLY GREAT SLIDE THAT SHOWED HOW THEY WERE THINKING ABOUT CURTAILMENT IN ADVANCE OF AN EEA OR DURING AN EEA. AND SO THEN THERE COULD BE CONDITIONS THAT PLA ARE PLACED ON, UH, YOU KNOW, A LARGE LOAD THAT'S CO-LOCATED WITH AN EXISTING LOAD OR THAT HAS 50% BACKUP GENERATION. AND SO THAT, THAT THE, I THINK THE, THE DIRECTIVE IN, UH, THE PFA IN, UH, WHICH PROJECT IS IT? IT'S, UM, UH, 5 8 4, 7 9 DIRECTS ERCOT TO, UH, UH, PUT TOGETHER PROTOCOLS. AND SO THIS IS, THIS IS RELATED TO THAT. OKAY. BLAKE, YOU'RE NOT PREPARED TO GIVE A WMS UPDATE ON THIS ACTION ITEM RIGHT NOW, ARE YOU? YEAH, IF YOU'D LIKE, LIKE IT NOW, I WAS GONNA GIVE IT IN A, DO YOU WANNA TAKE IT UP IN THE AGENDA? IS THIS GOING AT THE END WHERE WE'RE DOING ACTION ITEMS OR DOES IT REQUIRE MORE OFFLINE CONVERSATION? WELL, I'LL JUST GIVE MY PERSPECTIVE. UH, WMWG HAD DISCUSSED THIS EPA ACTION ITEM HAD DECIDED CONVERSATIONS HAD CONCLUDED. UM, I THINK WE'RE, BRIAN BRINGS UP A REALLY GOOD POINT. AND, BUT ALSO ACTION ITEMS ARE USED FOR SOMETHING TO TRACK AN ISSUE THAT MAY NOT BE COVERED BY, UH, RULEMAKING OR, UH, AN NPRR. SO MAYBE NOT A NEED TO HAVE THIS AS A ACTION ITEM, HOPING THAT IT WILL FALL INTO ONE OF THOSE BUCKETS, UH, AS SOMETHING TO THINK ABOUT YOU. I THINK YOU SHOULD THINK ABOUT IT. I, I'M GONNA THINK ABOUT IT. AND, UH, I MEAN, THERE'S ALSO ANOTHER USE CASE THAT NED AND I WERE JUST TALKING ABOUT, AND, AND THIS APPLIES TO JOHN RUST TOO. UM, THINK ABOUT THE, UH, THE, UH, LONG LEAD LARGE LOAD, UM, CURTAILMENT, RIGHT? SOME OF THOSE LARGE LOADS MIGHT HAVE THESE, THESE TYPES OF RESOURCES. AND SO JUST UNDERSTANDING LIMITATIONS, UM, FOR ENVIRONMENTAL LIMITATIONS THAT, UH, THAT, YOU KNOW, UM, ALLOW FOR, UM, THAT CAPACITY TO BE ACCESSED IS, IS IMPORTANT. AND THIS IS LATELY ALL I'VE BEEN THINKING ABOUT. OKAY. IN ADDITION TO JUST ALL THESE OTHER LAR LARGE LOAD THINGS, BUT YES, WE'LL THINK ABOUT IT . WELL, IT MAY BE, IT MAY BE A DIFFERENT, IT MAY BE RELATED, BUT A DIFF MAYBE WE CAN GET RID OF WHAT WE HAVE NOW, BUT YOURS IS SORT OF A DIFFERENTLY ORDERED YES. I JUST, I DIDN'T WANT TO THROW THE CONCEPT IN THE TRASH CAN. OKAY. WE'LL, WE'LL, WE, WE'LL, WE'LL, WE'LL WORK ON THAT. YOU'LL WORK ON THAT. YOU'RE THE NEW CHAMPION OF IT. YES. YES. OKAY. OKAY. SO MARTHA, WE'LL PUT YOUR NAME BY IT AND YOU CAN WORK ON NEW WORDS FOR IT. IS THAT OKAY WITH YOU, MARTHA? YEAH, SOMEWHAT. I, I GUESS SOMEWHAT, I DON'T THINK THAT THIS AS WORDED CAPTURES WHAT YOU JUST TALKED ABOUT. MY PREFERENCE WOULD BE JUST TO GET RID OF THIS ONE AND LET'S START OVER WITH SOMETHING NEW WHEN, WHEN YOU HAVE AN IDEA CRYSTALLIZED. THANKS. YEP, I AGREE WITH THAT. OKAY, SETH. THIS IS GONNA ADD IN THE NEAR TERM THE DOE, BUT ISSUING 2 0 2 C ORDERS WHERE YOU CAN ACTUALLY JUST GENERATE ANTICIPATION OF THESE EMERGENCY CONDITIONS AND NOT WORRY ABOUT YOUR AIR PERMITS. SO IT, IT KIND OF TIES INTO IT, BUT, YOU KNOW, I DON'T KNOW HOW LONG THIS WILL BE AROUND, BUT OKAY. I, I AGREE. AND JUST STACKING HANDS ON WHAT'S ACCEPTABLE FOR CLARITY IS SUPER IMPORTANT. OKAY. YEAH, I THINK WE CAN WORK ON THAT. I THINK TO THE POINT SOMEONE MADE JUST KIND OF ACTIONABLE FOR US. UM, BUT I, I AGREE THAT MAYBE WE SCRAP THE CURRENT ONE AND, AND THIS IS A NEW WORDED ONE. OKAY. UM, WELL, CAN WE GO BACK TO THE FUTURE MEETING SLIDE? SO WE, WE HAD A REQUEST, UM, FROM THE TECH VICE CHAIR TO, [02:40:01] I THINK HAVE A, KIND OF IDENTIFY BETTER IN THE VOLTAGE DRIVE THROUGH REQUIREMENTS WHERE, WHERE WE, WE ARE AT MAYBE NEXT T RIGHT? LIKE WHERE, WHERE WE HAVE AGREEMENT, WHERE THE ISSUES STILL ARE. OKAY. SO WE'LL GET THAT FROM YOU. UM, AND THEN WE CAN WORK WITH YOU IF YOU FEEL LIKE YOU NEED TO SCHEDULE MORE ROSS MEETINGS. MAYBE, MAYBE ONE MORE JUST IN, IN THE CASE OF THE, THE BATCH LOAD, UH, PICKER GO GETTING THROUGH, ROSS. SO JUST, JUST LET US KNOW AND WE CAN SUPPORT YOU ON THIS. YEAH, I WAS LOOKING, SOUNDS LIKE WE HAVE TWO OPPORTUNITIES TO REVIEW AND MAYBE APPROVE AND DEPENDING ON HOW WE GO ABOUT THAT REVIEW, IF MOST OF IT HAPPENS VIA THE WORKSHOPS YEAH. UH, THEN WE MAY OKAY. BUT WE'LL, WE'LL STAY IN, UH, TOUCH ON PENDING WHAT, WHAT SORT OF LANGUAGE WE SEE ON THE, NO, UH, 2 82 SOUNDS LIKE WE SHOULD BE ON THE RIGHT TRACK, AT LEAST FROM THE ROSS ITEMS. UM, BUT TO THE EXTENT THERE ARE ANY, I'LL BRING THEM UP AT THE T NEXT TAG MEETING. OKAY. OKAY. OKAY, THAT MAKES SENSE. AND WE'LL JUST WORK WITH YOU ON THE, THE BATCH PIGGER AND YEAH. MAY, MAYBE THAT COULD BE BACK TO BACK WITH ONE OF THE SPECIAL PRSS OR SOMETHING, BUT WE'LL, WE'LL, WE'LL WORK WITH YOU ON THAT. OKAY. UM, CAN WE BREAK FOR LUNCH NOW AND THEN TWO VOTING ITEMS? TWO VOTING ITEMS, YES. THAT ARE IN FRONT OF ME, OR WERE IN FRONT OF ME. SO FROM ROSS, UM, WE HAVE TWO VOTING ITEMS. WE'RE LOOKING TO RECOMMEND APPROVAL OF PI 1 39, AS RECOMMENDED BY ROSS IN THE TWO FIVE ROSS REPORT AND TWO TABLE NOER, UH, 2 81. CAN WE PUT THESE ON THE COMBO BALLOT? YES. OKAY, LET'S DO IT. UH, COME BACK AT 1245. ALL RIGHT. OKAY. UM, WE ARE BACK FROM LUNCH. ONLY SIX MINUTES LATE. THAT'S ACTUALLY PRETTY GOOD. UH, THAT'S ACTUALLY, I THINK IT'S ACTUALLY PROBABLY A RECORD. UM, SO BEFORE WE GO TO WMS REPORT, WE ARE GOING TO DO A, UH, VERY SPECIAL ANNOUNCEMENT, UH, FROM, FROM KEITH. BUT THIS IS, THIS IS A GOOD OR SAD. IT'S, IT'S DIFFERENT THAN THE EARLIER, VERY SPECIAL ANNOUNCEMENTS FROM KEITH. YES. THESE ARE, THESE ARE NOT THE SAME SPECIAL ANNOUNCEMENTS, , AND, AND IT, AND I THINK THERE ARE SOME THAT KNOW THAT SOME THAT DON'T KNOW, BUT I THINK, UH, DAVE MAGGIO, HIS LAST DAY, UH, WITH ERCOT IS ON, UH, MARCH 12TH. SO THIS IS HIS LAST T MEETING. AND SO I KNOW MANY OF YOU, UH, KNOW DAVE. HE'S BEEN, AND HE'S BEEN AROUND SINCE 2007. SO, UH, MANY OF YOU HAVE WORKED WITH HIM. HE WAS INSTRUMENTAL, OBVIOUSLY IN THE NODAL LAUNCH. HE WAS ALSO INSTRUMENTAL, UH, WITH THE MOST RECENT RTC, UH, PLUS B LAUNCH. UM, HE'S, HE'S DEFINITELY WAS IMPORTANT WHEN I CAME ON BOARD, WAS ONE OF THE FIRST PEOPLE THAT I HAD MET. AND SO HE'S BEEN A, A BIG PART OF, UH, OF, OF ERCOT. UM, HE IS STARTING THE NEXT CHAPTER OF HIS LIFE, AND, UH, THAT'S COMING UP IN, IN A FEW WEEKS, BUT HIS, HIS LAST DAY IS COMING UP. AND SO, YOU KNOW, WHEN I LOOK AROUND THE ROOM HERE, THERE'S A LOT OF FORMER, EITHER FORMER ERCOT OR FORMER IMM OR FORMER PUC. AND, AND SO I KNOW THIS ISN'T, THIS ISN'T GOODBYE AND FAREWELL. THIS IS, UM, UH, WE'LL SEE YOU LATER, UH, IN SOME WAY OR FASHION. WE'LL SEE YOU LATER SOMEWHERE OR SOMEPLACE SOMEHOW, UH, MAYBE IN A DIFFERENT HAT, MAYBE A DIFFERENT PLACE AT TIME. BUT WE'LL SEE DAVE AGAIN FOR SURE. AND SO I WANTED TO GIVE FOLKS A HEADS UP AND TURN IT BACK TO CAITLIN. THANKS. OKAY, I'M GONNA GO TO, UH, UE. BRIAN. DAVE, CONGRATULATIONS. UH, YOU'VE MORE THAN DURING THE RIGHT. WE CONFIRMED DAVE IS ON. DAVE, ARE YOU ON? ARE YOU ON? WELL, ? I AM. THANK YOU. OKAY. WE WON'T MAKE YOU GIVE A SPEECH YET, BUT IT WOULD BE, IT'S GOOD TO KNOW YOU'RE THERE. I GO AHEAD, BRIAN. I SEE, I SEE YOUR FACE HERE ON THE, THE TOP OF MY LITTLE, UM, UM, WEBEX. UM, YOU, YOU SET THE STANDARD FOR ME IN A LOT OF THINGS. UH, YOU KNOW, ONE OF THEM IS JUST HOW TO, HOW TO WORK WITH SOMEONE WHEN YOU DISAGREE WITH THEM ON, ON AN IDEA THAT, THAT THEY'RE SAYING. AND IT'S JUST, UH, YOU'VE ALWAYS BEEN A JOY TO WORK WITH. UM, MAY NOT BE THE PRESIDENT OF THE DAVE MAGGIO FAN CLUB, BUT I'M DEFINITELY A MEMBER. AND, UH, JUST I, I WISH YOU THE BEST AND, UM, UH, CONGRATULATIONS. THANKS. THANKS, BRIAN. UH, BLAKE. HEY, DAVE. IT'S BLAKE. UH, SOME OF Y'ALL MAY NOT KNOW THIS, BUT I ACTUALLY DID A SIX YEAR BID WORKING FOR DAVE ON THE, UH, MARKET ANALYSIS AND DESIGN TEAM. AND HE REALLY TOOK A CHANCE ON ME. [02:45:01] I WAS A FINANCE GUY AND THAT TEAM WAS PHDS AND VERY, VERY SMART ENGINEERS. SO I WAS VERY OUTTA PLACE. UH, BUT I'LL FOREVER BE GRATEFUL FOR THAT OPPORTUNITY. UH, THERE WAS NEVER A MEETING OR AN INTERACTION WITH DAVE THAT I DIDN'T LEARN SOMETHING NEW, AND THAT STILL CONTINUES TODAY. SO DAVE, I REALLY APPRECIATE, UH, YOUR GUIDANCE OVER THE YEARS. PROUD OF YOU, EXCITED FOR YOU. AND, UH, BEST OF LUCK UNTIL THAT COMMENT. I THOUGHT YOU WERE A VERY SMART ENGINEER, BUT IT'S GOOD, IT'S GOOD TO KNOW YOU'RE, YOU'RE A FINANCE GUY. CAT'S OUT OF THE BAG. UM, AN ANDREW REERS. I THINK WE HAVE ANDREW TRYING TO CALL IN FROM A PLANE. I'M COMING IN FROM THE AIRPORT. MY FLIGHT WAS DELAYED, SO THAT GAVE ME JUST ENOUGH TIME TO CALL YOU GUYS. HOPE IT ISN'T TOO LOUD. UH, I ACTUALLY WORKED FOR DAVE WITH BLAKE ON THAT MARKET ANALYSIS TEAM, AND, UH, IF YOU GUYS THINK I'M OBNOXIOUS NOW, I SHOULD HAVE SEEN HOW OBNOXIOUS I WAS WHEN I WAS 27. UH, BUT DAVE WAS A VERY, UH, GENEROUS AND SUPPORTIVE BOSS, AND I HAD THAT JOB FOR A FEW YEARS AND THEN DID A BUNCH OF OTHER THINGS. AND SINCE I'VE BEEN BACK IN THE MIX THROUGH THE IMM, DAVE HAS BEEN MY MAIN POINT OF CONTACT AT ERCOT, AND HE HAS BEEN JUST SUPER SUPPORTIVE AND A GREAT EXAMPLE FOR ME AS SOMEONE, UH, WHO I ASPIRE TO KIND OF EMULATE PROFESSIONALLY. AND IT IS DEFINITELY MY JOB WOULD NOT HAVE GONE AS SMOOTHLY, AND I WOULD NOT HAVE BEEN SO SUCCESSFUL IN THIS POSITION SO FAR IF I DIDN'T HAVE DAVE TO WORK WITH. SO IT'S BEEN A PLEASURE, AND I'M SURE HE IS GONNA DO GREAT AT HIS NEXT STOP. AND, UH, REALLY, UH, HAPPY TO HAVE HAD THE CHANCE TO WORK WITH HIM. I HAVE SO FAR. SO THAT'S WHAT I GOT. OKAY, REST ME. UM, CAN YOU GUYS HEAR ME? YES. HEY, DAVE. UM, IT'S BITTER AWE. UM, I STILL CONSIDER MY PREVIOUS CORE GROUP AS MY FAMILY, AND DAVE IS A BIG, BIG PART OF THAT FAMILY. UM, TO ME IT FEELS LIKE WE GREW UP TOGETHER, AT LEAST LIKE OUR CAREER FROM A CAREER PERSPECTIVE. DAVE MADE OUR GROUP SO MUCH BETTER. AND I STILL FONDLY REMEMBER OUR REGULAR BRAINSTORMING DEBATE SESSION. UM, DAVE SMARTNESS AND UNDERSTANDING OF THE MARKET MADE THOSE DEBATES AND DISCUSSIONS SO MUCH FUN. WE HAD SO MANY LENGTHY DISCUSSIONS WITH DR. HOGAN ON, UH, DESIGNING THE OTC AND SO MANY OTHER ISSUES, BUT I WOULD SAY IT WASN'T, IT WASN'T ALL WORK EITHER. WE HAD, UH, FUN WINNING THE ERCOT OLYMPICS GAMES AND DRESSING UP FOR HALLOWEEN. UH, SO MUCH FUN. UM, WE'LL MISS ALL THAT. UH, YOUR LEAVING WILL BE A GREAT LOSS, I WOULD SAY, NOT JUST FOR ERCOT, BUT ALSO FOR ERCOT STAKEHOLDERS. AND I HOPE YOU WILL CONTINUE TO BE INVOLVED IN THE ERCOT MARKET FROM THE E THREE SIDE. I HEAR YOU ARE GOING TO WORK ON THE CALIFORNIA SIDE. UM, MAYBE YOU CAN COME BACK FOR THE AIRPORT SIDE AS WELL, BUT ALL THE BEST. AND, UH, WE'LL MISS YOU. BOB PELTON. YEAH. HAVE Y'ALL GOT ME? YES. THIS IS ANOTHER AIRPORT PHONE CALL, DAVE. YEAH. YEAH. I, I, I, I HAD TO PAY THE PILOT EXTRA TO GET HIM TO LAND IN ENOUGH TIME TO BE ABLE TO DO THIS. SO, UH, SO I'M HERE AND, UH, I, YOU KNOW, I'M NOT SURE WHERE TO START, YOU KNOW, UH, EVERYTHING THAT DAVE HAS WORKED ON, ON THE CONTRIBUTIONS HE'S MADE TO THIS MARKET, AND NOT JUST TO THE MARKET, BUT TO ME PERSONALLY, WHAT I'VE PERSONALLY LEARNED FROM DAVE HAS, HAS BEEN PRETTY INSTRUMENTAL. UH, UM, SORRY, I GOT INTERRUPTED THERE. AND, UH, SO I JUST WANTED TO SAY THANKS FOR EVERYTHING YOU'VE DONE, DAVE. UH, I'VE LEARNED A LOT WITH THE INTERACTIONS WITH YOU. YOU KNOW, REMI MENTIONED JUST ONE OF THE MANY, MANY THINGS YOU'VE ACCOMPLISHED HERE AND HELPED WITH WAS, YOU KNOW, THE RDC AND THE REST, THE RTC, EVERYTHING ELSE. SO, UH, GOOD LUCK IN THE FUTURE. I'M BETTER FOR BEING ABLE TO WORK WITH YOU. AND THE WORST THING ABOUT THIS WHOLE THING OF YOU MOVING OUT OF ERCOT IS YOUR NEW EMAIL ADDRESS DOESN'T HAVE ENGIE IN IT. . THANK YOU, NED. WELL, DAVE, I AGREE WITH A LOT OF THE, THE GREAT THINGS THAT HAVE BEEN SAID. UM, THE ONE, ONE THING I WANT TO ADD TO THAT IS I'VE ALWAYS APPRECIATED, UM, JUST HOW TALENTED YOU ARE [02:50:01] AT TAKING VERY COMPLEX AND TECHNICAL MATTERS THAT A LOT OF FOLKS COME AT WITH, YOU KNOW, SOMETIMES INCLUDING MYSELF, NOT WITH FULL UNDERSTANDING, UM, BUT CERTAINLY WITH AN INTEREST TO, TO, YOU KNOW, TRY TO UNDERSTAND IT AND AN INTEREST IN THE OUTCOME. AND YOU'VE ALWAYS BEEN VERY GOOD ABOUT, YOU KNOW, ENGAGING DIRECTLY ON LEVEL AND, YOU KNOW, HELPING BREAK IT DOWN IN WAYS THAT ALL THE DIFFERENT STAKEHOLDERS CAN ENGAGE WITH IDENTIFYING, YOU KNOW, WHAT THE REAL CONCERNS ARE AND FINDING SOLUTIONS THAT HELP, UH, HELP MAKE CONSENSUS HAPPEN TO THE EXTENT THAT WE CAN. AND THAT'S, UH, THAT'S SOMETHING THAT I THINK ALL OF US AS STAKEHOLDERS WILL, UH, WILL NEED TO, TO EMBODY AND, AND IN THE DAVE MAGGIO SPIRIT AS YOU MOVE ON TO YOUR NEXT CHAPTER. SO THANK YOU FOR, FOR BEING A, A MODEL OF THAT. BILL. I'LL JUST PILE ON HERE, UM, SHARE A LOT OF THE SENTIMENTS FROM MY COLLEAGUES, DAVE, THANK YOU. UM, THE, THE PRODUCT OF YOUR WORK. AND, UH, THOSE OF ALL OF US HAVE HELPED SHAPED THIS MARKET, UM, STRUCTURE AND SUCCESS THAT WE'VE SEEN, AND YOU HAVE HAD A, UH, GREATER THAN AVERAGE, UH, CONTRIBUTION IN TERMS OF, UM, THE DESIGN AND THE SUCCESSES THAT WE'VE EXPERIENCED TO DATE. JUST THAT CALM VOICE, UH, WHEN WORKING THROUGH, UM, CON CONFLICTS AND ISSUES, WHICH IS INEVITABLY GONNA HAPPEN IN THE STAKEHOLDER PROCESS. UH, THE WAY YOU DEAL WITH ISSUES IS UNIQUE AND, UH, JUST A RARE SKILL SET OF EXCEPTIONAL KNOWLEDGE, UM, ON SUBJECT MATTER AND HOW YOU DEAL WITH, UH, THESE ISSUES. SO YOU WILL BE MISSED GREATLY. GOOD LUCK IN YOUR NEXT CHAPTER, AND I'LL SEE YOU AT MINES FOOTBALL GAMES IN DENVER, , SANDEEP. HEY, DAVE. UM, THIS IS SANDEEP, UH, NOW I'M WITH NEXTERA, BUT I THINK YOU AND I HAD, UM, YOU KNOW, VERY LONG TIME OF WORKING TOGETHER. IN FACT, FOR MOST OF YOU THAT DON'T KNOW, WE STARTED OUR CAREER AROUND THE SAME TIME IN ERCOT IN 2006. AND, YOU KNOW, WE WERE SEATED, YOU KNOW, BACK TO EACH OTHER. SAME, YOU KNOW, SAME AREA, SAME CUBE, AND WORKED ON A VERY, YOU KNOW, SAME PROJECT. A LOAD FORECAST WAS ON OUR, ONE OF OUR FIRST PROJECT THAT WE WORKED ON RIGHT AFTER 2006, UM, JULY BROWNOUT THAT HAPPENED. AND OVER TIME, UH, YOU KNOW, I WORKED WITH DAVE ON NUMBER OF DIFFERENT THINGS. I STAYED IN OPERATIONS, HE WENT ON MARKET SIDE. BUT ME BEING IN OPERATIONS AND HIM BEING IN THE MARKET WAS ALWAYS, THAT WORKED REALLY WELL BECAUSE HE UNDERSTOOD OPERATIONS AND I UNDERSTOOD, SO HE UNDERSTOOD. AND I WAS ALWAYS TRYING TO SOLVE OPERATIONAL PROBLEM WITH MARKET. AND, YOU KNOW, HE SPENT A LOT OF TIME ON NOLE. THE, ONE OF THE REASON FOR NOLE SUCCESS WAS DAVE AND RTC, AS WELL AS THE BATTERY ENERGY STORIES PROJECT. UH, YOU KNOW, I GOT A LOT OF HELP FROM DAVE, ESPECIALLY ON COMPLEX ISSUES. AND TO HIS CREDIT, UM, AND HIS TEAM'S CREDIT, I THINK BLAKE IS HERE. UH, YOU KNOW, WE'VE SEEN LIKE A HUGE SUCCESS WITH BATTERIES. SO, BEST WISHES, GOOD LUCK. AND YOU KNOW, I'M A HUNDRED PERCENT SURE WHEREVER YOU GO, YOU'LL DO AMAZING. THANK YOU, IAN. DAVE, JUST WANNA SAY THANK YOU WHEN I, UH, CAME DOWN TO ABOUT 10 YEARS AGO, UM, AND WAS IMMEDIATELY ON MY OWN AFTER THURNER QUIT. ME TOO. UM, THERE WERE A LOT OF THINGS I WAS ASKED TO DO, UM, AND I DIDN'T HAVE A LOT OF KNOWLEDGE ON HOW TO EFFECTUATE THOSE IN THE PROTOCOLS. AND YOU WERE ALWAYS EXTREMELY WILLING TO SHARE YOUR TIME WITH ME. UM, AND YOU'RE ALWAYS EXTREMELY KIND IN WORKING WITH ME WHEN I WAS, UH, VERY, VERY GREEN. SO I REALLY APPRECIATE IT. UM, I HOPE YOUR CAREER CONTINUES IN A WAY THAT YOU CONTINUE TO HELP PEOPLE. THANK YOU. CANNAN. CAN YOU HEAR ME? WE CAN HEAR YOU. OH, GREAT. WELL, DAVE, UH, I GUESS, UH, YOU'VE HEARD LOTS AND LOTS OF THANKS. UH, IJI WANT TO THANK YOU ON TWO FRONTS. ONE, AS, UH, ERCOT, UH, COLLEAGUE AND ALSO AS A STAKEHOLDER. UH, MY KINDA RECOLLECTION OF THE WAY YOU APPROACH EVERYTHING, THE, THE WORDS THAT COME TO MIND ARE INTELLIGENCE, INDUSTRIOUSNESS, CALM, COMPASSION. AND THE ONE I KNOW FOR SURE I DON'T, I DON'T HAVE, UH, IN, IN BUNCHES IS STRUCTURED. YOU'RE SO GOOD AT [02:55:01] PUTTING EVERYTHING TOGETHER AND, UH, MOVING THINGS ALONG. I ADMIRE YOU FOR ALL OF THOSE TRAITS. UM, AND I GUESS ON BEHALF OF ERCOT INC. AND THE STAKEHOLDER COMMUNITY, I WANNA SAY THANK YOU. BEST WISHES, AND GOOD LUCK. UM, DAVE, I'LL JUST GO, IT'S CAITLIN AGAIN. UM, I, I AGREE WITH WHAT KANAN SAID, AND I'M, I'M WHISPERING WITH ANNE, BUT YOU DO APPROACH EVERYTHING, UM, IN A THOUGHTFUL AND STRUCTURED WAY. AND I, I'VE BEEN REALLY LUCKY. UH, DAVE'S DAUGHTER'S ABOUT 12 HOURS OLDER THAN MINE. SO INSTEAD OF DOING MY OWN PARENTING RESEARCH, I CAN CALL DAVE AND HE, YOU KNOW, IT'S LIKE A CHEAT CODE. HE HAD ENHANCED THE BOOKS, AND HE KNOWS THE VIDEOS, AND HE KNOWS THE SUPPORT GROUPS. UM, SO IT'S JUST, YOU KNOW, I'M ABLE TO KIND OF MOOCH OFF THAT IN, UH, PERSONAL LIFE AS WELL AS PROFESSIONAL LIFE. AND I, I WILL CONTINUE TO DO THAT WHEN DAVE DOESN'T WORK AT ERCOT. AND I WILL LET YOU GO AHEAD, DAVE. THANK YOU ALL VERY MUCH. AND THEN I'LL, I'LL TRY, WE'LL KEEP IT SHORT, BUT, UH, NO, I, I JUST SIMPLY FEEL OVERWHELMED WITH ALL THE, THE KIND WORDS THAT YOU ALL SHARED. UM, I WANNA SAY HOW MUCH OF AN HONOR IT'S BEEN TO WORK, NOT JUST FOR ERCOT, THE COMPANY, BUT WITH ERCOT THE MARKET AND ERCOT THE STAKEHOLDERS. I'M VERY GRATEFUL TO YOU ALL, AND I'M PROUD OF THE WORK WE'VE DONE TOGETHER OVER THE LAST, UH, ALMOST TWO DECADES AT THIS POINT. UM, I STILL HAVE A COUPLE MORE WEEKS AT ERCOT, UH, BUT I'M, I'M GLAD TO HAVE THIS STAGE TO SAY THANK YOU. UH, AND PERHAPS I'LL HAVE AN OPPORTUNITY TO WORK WITH YOU ALL AGAIN IN, UH, IN ANOTHER CAPACITY. SO, SO THANK YOU ALL VERY MUCH. JUST, JUST REALLY APPRECIATE IT ALL. THANK YOU. AND I KNOW KEITH HAS A NUMBER OF PRIORITY ITEMS THAT I THINK WE CAN GET DONE IN TWO WEEKS. ANDREW, ANDREW TOLD ME SOMETHING ABOUT, UH, 1309 COMMENTS THAT YOU'RE LEADING ON. SO, UH, WE, WE WON'T LET YOU GO UNTIL, UNTIL YOU'RE REALLY GONE. ALRIGHT, WELL, THANKS EVERYBODY. UM, I APPRECIATE THAT. YOU KNOW, OBVIOUSLY, UH, DAVE, DAVE HAS MADE A LOT OF CONTRIBUTIONS, SO I, I APPRECIATE EVERYBODY, UM, SHOWING UP WITH THE, THE KIND WORDS AND, AND THANKS KEITH FOR THE IDEA ALL [12. WMS Report (Vote)] BLAKE, WE ARE BACK. WE'RE BACK TO WORK. I GOTTA FOLLOW THAT, HUH? THE FINANCE GUY HAS TO, HAS TO FOLLOW THAT . ALRIGHT, BLAKE HOLT, UH, HERE WITH WMS WANTED TO GIVE Y'ALL A PREVIEW OF DISCUSSIONS THAT ARE TO COME AND, AND SOME DISCUSSIONS WE HAD AT OUR FEBRUARY 4TH MEETING. UH, AS WE DISCUSSED EARLIER TODAY, NPR 1315 WILL GET ITS FIRST DISCUSSION AT, UH, OUR NEXT MEETING, WHICH WILL BE MARCH 4TH. I DID SEE THAT SOME COMMENTS HAVE SINCE BEEN POSTED, SO I WOULD RECOMMEND, UH, FOLKS DIGESTING THOSE QUICKLY. UH, WE'LL ALSO HAVE THREE MORE, UH, RMR RELATED DISCUSSIONS TO GET THROUGH, UM, AT OUR NEXT MEETING AS WELL. SO, UH, MARTHA, I DID LIKE YOUR SUGGESTION FOR LLWG TO BRING BACK LIKE A MORE, UM, DISCREET SET OF ISSUES ON CERTAIN ITEMS. I WILL TRY TO DO THAT FOR 1315 FOR MY NEXT REPORT, SO, UH, WE CAN MAKE SOME MORE PROGRESS ON THAT. UH, IN TERMS OF THINGS WE DID AT THE FEBRUARY 4TH MEETING, WE REFERRED NPR 1317 TO DSWG. WE ALSO APPROVED NPRR 1313, WHICH IS ONE OF THE RMR, UH, SUITE THAT CAME TO US, UH, V-C-M-R-R OH FOUR SEVEN. THAT ONE'S RELATED TO THE PLANNING GUIDE, GLOSSARY TRANSITION OR NPR 1314. UH, WE APPROVE THAT ONE AS WELL, UH, ALONG WITH OUR WORKING GROUP LEADERSHIP, WHICH IS ON THE NEXT SLIDE AND THE ANNUAL UPDATE TO THE CRR CALENDAR. UH, AND JUST TO CLOSE THE LOOP, WE, WMWG HAS CONCLUDED DISCUSSIONS ON THE CURRENT EPA ACTION ITEM. UH, NEXT SLIDE. JUST WANTED TO GO OVER WHO'S WORKING GROUP LEADERSHIP THIS YEAR AND THANK THEM FOR THEIR SERVICE. UH, AND SHANE THOMAS FOR CMWG, NATHAN MACHA FOR DSWG. UH, I BELIEVE WE HAVE SOME CANDIDATES FOR VICE CHAIRS, WHICH WE'LL HEAR AT OUR NEXT MEETING. UH, FOR SAWG, WE HAVE KEVIN HANSON AS CHAIR, AND THEN CO VICE-CHAIRS, GREG LACKEY AND PETE WARKEN. AND FOR WM WG WE HAVE AMANDA FRAZIER AS CHAIR. AND TREVOR SAFCO IS VICE CHAIR. UH, THANK Y'ALL. NEXT SLIDE. THESE ARE THE ITEMS THAT ARE ON OUR LIST, THE ITEMS THAT HAVE COME OFF OUR LIST, AND, UH, SOME NEW ONES THAT HAVE BEEN ADDED. AND THEN TO CONCLUDE, OUR NEXT MEETING IS MARCH 4TH, UH, READY FOR ANY QUESTIONS IF Y'ALL HAVE ANY, ANY QUESTIONS OR COMMENTS? [03:00:02] YOU KNOW, I THINK, UM, ON, ON 1315, LET, LET'S HAVE THE WMS DISCUSSION AND THEN SORT OF SEE IF YOU WANT A, A WORKSHOP OR, OR WHATEVER YOU THINK YOU NEED. I THINK IDENTIFYING THE ISSUES IS A, IS A GOOD IDEA. UM, BUT I THINK WE'D WANT DIRECTION FROM KEITH ON WHAT OTHER RELATED ISSUES YOU WANNA MAKE SURE GET TAKEN UP IN, IN CONJUNCTION. UM, YOU KNOW, A LOT OF THE ISSUES TODAY HAVE BEEN RELATED TO THE FAR WEST SITUATION. SO IF THERE, THERE ARE A COUPLE THINGS YOU NEED TO TAKE UP IN CONJUNCTION WITH THAT. LET'S, LET'S DO THAT. OKAY. YEAH. IF, IF, UH, THERE'S ANYTHING WE CAN COMBINE WITH THAT, WE, WE WILL DO THAT. OKAY. OKAY. VOTING ITEMS. VOTING ITEMS. UM, LOOKING TO RECOMMEND APPROVAL OF V-C-M-R-R 47 IS RECOMMENDED BY WMS IN THE TWO FOUR WMS REPORT. CAN WE PUT THIS ON THE COMBO BALLOT? YES. LOTS OF THUMBS UPS FROM BETH. UM, NEXT [13. Credit Finance Sub Group (CFSG) Report] IS, UH, CFSG. JET. ARE YOU READY? YES. GOOD AFTERNOON. YES, I AM. OKAY. SO WE MET ON FEBRUARY 12TH. UH, VOTING MATTERS THAT DURING OUR MEETING WERE NPRR WITH ONE NPRR, AND THEN APPROVAL OF THE MINUTES, UH, REVIEWED REGULAR CREDIT EXPOSURE UPDATES AND RECEIVED AN UPDATE ON THE IMPLEMENTATION OF NPRR 1277, WHICH WAS REVISIONED TO THE EAL FORMULA. NEXT SLIDE. THE NPRR REVIEWED, UH, WAS 1313 ADJUSTMENT TO THE CALCULATION OF THE INITIAL STANDBY COSTS FOR RMR FOR RESOURCES OF DETERMINED TO HAVE NO CREDIT IMPLICATIONS. THE NEXT SLIDE, A MONTHLY HIGHLIGHT FOR THE MARKET WIDE AVERAGE TOTAL POTENTIAL EXPOSURE INCREASE FROM 1.59 BILLION IN DECEMBER TO 2.27 BILLION IN JANUARY. THE, UM, AVERAGE DISCRETIONARY COLLATERAL INCREASE FROM 3.93 BILLION IN DECEMBER COMPARED TO 5.66 BILLION IN JANUARY. AND DUE TO WINTER STORM FERN, WHICH I BELIEVE YOU'LL GET A REPORT ON LATER IN THIS MEETING, THERE WERE 156 COLLATERAL CALLS ISSUED IN THE AMOUNT OF 209 MILLION IN JANUARY. NEXT SLIDE. OKAY. THE, UH, AVAILABLE CREDIT BY TYPE COMPARED TO TOTAL POTENTIAL EXPOSURE. UH, SO THE DATA POINT I WANT TO CALL OUT ON THIS SLIDE IS FOR JANUARY. YOU'LL SEE AGAIN BECAUSE OF THE WINTER STORM FERN, UH, THE NUMBER JUMPS FROM 6.9 BILLION TO 11.5 BILLION. UH, THAT THE TPE FOR THIS GRAPH IS THE HIGHEST FOR THE CORRESPONDING MONTH. SO OBVIOUSLY TOWARDS THE END OF JANUARY, THE WINTER STORM CAUSED THIS, THIS NUMBER TO INCREASE SIGNIFICANTLY. NEXT SLIDE. OKAY. UM, SIMILAR INFORMATION HERE, UH, DISCRETIONARY COLLATERAL, UH, FROM DECEMBER OF 2025 TO JANUARY, 2026. UH, AGAIN, TOWARDS THE END OF JANUARY, YOU'LL SEE THE IMPACTS OF THE WINTER STORM. NEXT SLIDE. THIS TABLE SHOWS THE ISSUER CREDIT LIMITS VERSUS TOTAL LETTER OF CREDIT AMOUNTS PER ISSUER. UH, WHAT TO NOTE? UH, YOU'LL NOTICE THE, THE RED AND THE, UM, AND YELLOW HIGHLIGHTED ON THE FAR RIGHT. UH, THESE FOUR ISSUERS WERE AT OR OVER THE, UM, CREDIT LIMITS THAT WERE APPROVED BY ERCOT. UM, SINCE THE THE WINTER STORM, THESE NUMBERS HAVE ALL COME BACK DOWN BELOW 100%, MOST OF THEM BEING BACK DOWN TO AROUND 65% AND ONE REMAINING AROUND 80%, BUT ALL ARE BELOW THE THRESHOLD. OKAY. AND THEN FINAL SLIDE ON THE IMPLEMENTATION OF NPRR 1277. IMPLEMENTATION IS SCHEDULED FOR MARCH 2ND. THE CREDIT REPORTS PUBLISHED IN THE MORNING OF MARCH 2ND WILL REFLECT REVISIONS THAT WERE MADE TO THE REPORTS. AND JUST A REMINDER FOR, UM, EVERYONE'S CREDIT STEPS TO MONITOR FOR THE CREDIT MONITORING AND MANAGEMENT REPORTS AND MANAGE COLLATERAL ACCORDINGLY. ALRIGHT, ANY QUESTIONS? THANK YOU, JET. EXCUSE ME. ANY QUESTIONS FOR JET ON THE CFSG REPORT? OKAY, THANKS FOR THE UPDATE. UH, DO [14. RTC+B Task Force Report] WE HAVE DAVID KEY AVAILABLE FOR THE RTCB TASK FORCE UPDATE? I'M LINE. CAN YOU GUYS HEAR ME? YEAH, IT'S A LITTLE MUFFLED. IF YOU CAN TRY TO SPEAK A LITTLE LOUDER, THAT'D BE HELPFUL. [03:05:01] THANKS. NOT A PROBLEM. THANKS EVERYBODY. UH, GOOD AFTERNOON. DAVID. KEY WITH CPS ENERGY. WE'LL BE TALKING ABOUT THE R-T-C-B-F SHENANIGANS FOR THIS MONTH. UM, COUPLE OF HIGHLIGHTS HERE. THERE ARE POSTED, UM, THE UPDATES FOR THE PUC, UM, TALKING ABOUT THE PROGRESS MADE AND ADDRESSING THE KNOWN PROTOCOL VIOLATIONS. SO THERE'S BEEN A FILING, UH, BY ERCOT. I ALSO WANNA CALL OUT THE ISSUES WITH THE 60 DAY REPORTS. WE TALKED A LOT ABOUT THAT. UM, AND THOSE ARE, CAN BE FOUND IN THAT MARKET NOTICE. SUPPOSED BOTH OF THOSE LINKS ARE ACTIVE. UM, I'LL SKIP TO THE, TO THE FAR RIGHT COLUMN. UM, NEW TO THE PROCESS IS A, UH, NPR 1323. UH, DAVE PROVIDED AN OVERVIEW OF THAT. UH, BASICALLY TALKED ABOUT HOW IT WAS, UM, I THINK THEY'RE GONNA REQUEST URGENCY AND IT ADDRESSES THE CAPPING OF UMM C PCS, UM, AS PART OF 1290 THAT WASN'T INCLUDED. SO 1323 IS GOING TO, UH, TO FIX THAT ISSUE. ALSO, GOT AN UPDATE FROM LUKE ON THE AS, UH, DEPLOYMENT FACTORS THAT HAS TO DO WITH THE R PROCESS. UM, THERE'S A PRETTY GOOD POSTING THERE TO WALK THROUGH THOSE, THOSE ITEMS. UM, A LOT MORE DISCUSSION. SO THOSE ARE THE HIGHLIGHTS. UH, I WANTED TO FOCUS REALLY ON THAT MIDDLE COLUMN OF THE WORK PLAN FOR THE INVENTORY OF THE REMAINING RTC PLUS B ITEMS. UM, THERE IS PRETTY A, A PRETTY LARGE OR RELATIVELY LARGE LIST OF ITEMS THAT NEED TO BE WORKED ON THAT ARE OUTSIDE OF THE SCOPE OF THE GO LIVE, UM, AND MAJOR PROJECT. UH, AND SO THIS IS SOMETHING THAT WE HAVE BEEN WORKING TO BUILD AS WE GO THROUGH THE RTC. UM, AND NOW THAT WE'RE AT GO LIVE, WE'RE READY TO BASICALLY DISPERSE THOSE ITEMS INTO THE STAKEHOLDER PROCESS, UM, LEADING TO A SUNSET OF, OF THE R-T-C-B-T-F. UM, WE'VE HAD A COUPLE OF GOOD DISCUSSIONS. WE, I FEEL LIKE WE GOT SOME CONSENSUS IN THE ROOM ON HOW TO MOVE FORWARD. UM, SO IF WE GO TO THE NEXT SLIDE, WE CAN GET INTO A LITTLE BIT MORE DETAIL ON, ON THAT ITEM. UM, BASICALLY THERE, THERE IS A, THE LIST IS POSTED WITH THE MEETING MATERIALS TODAY TO THE TAC PAGE, UM, FOR REVIEW. AND THIS IS THE SAME LIST THAT WAS SHOWN AT THE TASK FORCE. UH, THE, THE ITEMS THERE ARE, ARE LISTED AS TOPIC, THE PROPOSED WORKING GROUPS. SO THIS IS OUR, OUR, OUR BEST, UH, BEST ASSIGNMENTS THAT WE CAN THINK OF. AND IF THERE'S ADDITIONAL DISCUSSION HERE TODAY, THAT'S WHAT WE WANT TO GET. UM, ALSO TENTATIVE TIMING FOR THE DISCUSSION. UH, THERE ARE SOME, SOME INTERDEPENDENCIES, LIKE, LIKE IT'S NOTED HERE, UH, DIFFERENT PRIORITIES. UM, AND WE DO HAVE TO BE MINDFUL OF ERCOT STAFF'S ABILITY TO, UH, DO EVERYTHING ALL AT THE SAME TIME. WE DON'T WANT TO CREATE ISSUES BY DOING THAT. SO WE NEED A THOUGHTFUL WAY TO, TO PRIORITIZE THESE. AND WE TOOK OUR STAB AT, AT PROVIDING THAT INFORMATION IN, IN THE POSTING. UM, DIDN'T HAVE A LOT OF OBJECTIONS. THE, UH, SENSE IN THE ROOM WAS JUST TRYING TO GET CLARITY ON WHERE, UH, THESE BIGGER TOPICS WILL, WILL GO. UM, WE'RE GONNA GIVE, I THINK BLAKE, UH, AND WMS CHAIR A LITTLE BIT MORE FUN, UH, 'CAUSE IT DOESN'T SOUND LIKE HE'S HAVING ENOUGH FUN. SO WE'LL GIVE HIM SOME MORE FUN AS PART OF THAT. AND TODAY, I, I KNOW IT'S NOT NOTICED FOR A VOTE. UM, HAPPY TO TAKE SOME DISCUSSION OR, OR FEEDBACK ON THE LIST. OTHERWISE, WE'LL BE LOOKING LIKE, PROBABLY TO THE TAC CHAIR, UM, USING THE TAC CHAIR SUPERPOWERS TO ASSIGN THESE AS ACTION ITEMS OR ITEMS FOR THE, FOR THE SUBCOMMITTEES. SO I THINK THAT'S IT FOR ME, AND I'LL HAPPY TO ANSWER ANY QUESTIONS OR ENGAGE IN DISCUSSION. AND IF WE HAVE VERY TECHNICAL DISCUSSION QUESTIONS, UH, DAVE'S ON THE LINE TO HELP SUPPORT. OKAY. THANK YOU DAVID. UH, DO WE WANNA TAKE A LOOK AT THAT LIST? COREY, DOES ANYBODY HAVE QUESTIONS FOR DAVID KEY OR ANY INITIAL FEEDBACK ON THE SUGGESTED DESTINATION FOR THESE ITEMS? NED, SO NOT, UH, NECESSARILY ON THE DESTINATION OR, OR WHAT'S ALREADY IN THE LIST. I KNOW THESE ARE THINGS THAT THE TASK FORCE HAS LOOKED AT. UM, BUT THIS DOVETAILS A LITTLE BIT ON THE CONVERSATION WE HAD ABOUT, UM, NPR 8 26 AND HOW RMR RESOURCES ARE OFFERED IN THAT IT PROBABLY IS WORTH GOING BACK THROUGH AND MAKING SURE, AND THAT THIS COULD EXTEND INTO NPR 1315 AS WELL, RIGHT? AS WE'RE LOOKING AT OUT OF MARKET RESOURCES, JUST GOING THROUGH AND MAKING SURE THAT, UM, WE'VE ADDRESSED ALL OF THEIR, UM, IMPACTS IN THE REAL TIME CO OPTIMIZATION, UM, OPERATING ENVIRONMENT NOW THAT WE'RE, WE'RE SEEING HOW THOSE, HOW THOSE PLAY OUT. OKAY. JUST ANOTHER ONE TO ADD. ALL RIGHT. OTHER COMMENTS? UH, IT LOOKS LIKE A LOT OF THESE ARE EITHER WMS OR WMS WORKING GROUPS. UM, BLAKE, DO YOU HAVE ANY RESERVATIONS FOR ABOUT TAKING THESE THROUGH WMS [03:10:01] AND DISTRIBUTING THEM AS, AS A SUGGEST AS THE ASSIGNMENTS SUGGEST HERE? NO. LOOKING THROUGH THE LIST, AND I'VE, I'VE LOOKED AT THIS PRIOR TO THE MEETING, THE ASSIGNMENTS THOUGHTS SEEM APPROPRIATE TO ME. UM, BUT WE CAN GET THIS ON THE NEXT AGENDA FOR AN INTRODUCTION TO FOLKS AND FIELD OTHER THOUGHTS IN THE ROOM, BUT THEY SEEM APPROPRIATE TO ME AT THIS POINT, AND I'LL CHECK THE GROUP'S PULSE. OKAY. UM, ANNE, IS THERE ANYTHING WE NEED TO DO PROCEDURALLY HERE? UH, JUST NO, TAKE IT, TAKE IT AND GO. UM, WE CAN REFERENCE IT ON LIST. OKAY. YEAH. OKAY. SHE'S, ANNE'S SUGGESTING WE REFERENCE IT ON THE ACTION ITEMS LIST, SO WE CAN COME BACK TO THAT LATER. UH, DAVE MAGGIO. HEY, MARK, I WANTED TO MENTION THIS IN LIGHT OF, OF NED COMMENTS AND JUST ONE THING I WANNA MAKE SURE FOLKS ARE VERY CLEAR ON AS THEY TAKE A LOOK AT THIS LIST IS, THIS IS REALLY CAPTURING THINGS THAT WE HAD TALKED ABOUT AS PART OF THE TASK FORCE IN IN THE LAST YEAR AND, AND A YEAR AND A HALF OR SO. UM, IT, IT DOES NOT NECESSARILY CAPTURE ALL OF THE OTHER, UH, PRIORITY ITEMS THAT I, THAT I'M SURE ARE OUT THERE FOR FOLKS, INCLUDING, UM, DISCUSSION, FOR EXAMPLE, ON THE PRICE ADDER AND WHAT IT CAPTURES. AND I KNOW QUESTIONS FOLKS, PE, UH, FOLKS HAVE HAD REGARDING THE, THE VARIOUS TRIGGERS AND GRAY BOX AND THINGS LIKE THAT. SO, UH, ANYWAYS, I JUST DIDN'T WANT, UH, FOLKS TO NECESSARILY LOOK AT THIS LIST AND THINK IT WAS AN EXHAUSTIVE LIST OF ALL THE, ALL THE THINGS THAT MIGHT BE OF INTEREST TO PEOPLE. SO, UH, I THINK IT'LL BE IMPORTANT, UH, AS WMS TALKS ABOUT IT OR OTHER GROUPS, UH, START TALKING ABOUT IT THAT, UH, KEEP IN MIND OTHER PRIORITIES THAT MAY BE OUT THERE. UH, YOU KNOW, FOR EXAMPLE, THE DISCUSSION EARLIER THIS MORNING ON 8 26. THANK YOU. GOT IT. THANK YOU, DAVE. UH, ANY OTHER COMMENTS HERE? OTHERWISE, WE WILL, UH, GIVE THIS TO BLAKE AND MAKE THE FIRST CUT AND ASSIGNMENTS THROUGH THE WMS WORKING GROUPS. I GUESS I, I SAW ONE STRAGGLER ON HERE FOR ROSS. MAYBE WE LET WMS TAKE THE FIRST CRACK AT THAT ONE AND THEN SEE IF ROSS ASSIGNMENT IS ACTUALLY NEEDED. BUT I GUESS IF YOU FIND ANY THAT AREN'T FITTING AND NEED SOME FURTHER DIRECTION, YOU CAN ALWAYS BRING IT BACK HERE, SO, OKAY. ANY OTHER COMMENTS ON THAT BEFORE WE MOVE ON? OKAY, THANK YOU. LOOKS LIKE WE'LL PIVOT OVER NOW INTO ITEM 15, KOT REPORTS. RYAN KING HAS THE FIRST TWO OF THESE, THE EIGHT ARE PILOT UPDATE AND THEN THE WINTER STORM FERN ANALYSIS. BETH? YEAH, I'M, I'M, I'M SORRY, I'M, UH, HALF A SECOND SLOW HERE. UH, DOES THAT CONCLUDE THE WORK OF THE RTC PLUS B TASK FORCE? DAVID KEY? DO YOU WANNA SPEAK TO THAT? UH, YEAH, I THINK THAT IS LARGELY THE, THE ASK IS TO MAKE SURE THAT WE, WE'VE WRAPPED IT UP. I THINK WE'LL PROBABLY HAVE MAYBE ONE MORE MEETING WE'LL HAVE TO TALK WITH, WITH GORDON AND PROBABLY SOME OTHERS, UH, TO SEE WHERE WE'RE AT. BUT I THINK THAT IS THE DIRECTION NOW THAT WE'VE GONE THROUGH GO LIVE. UH, WE HAVE THE POST GO LIVE LIST, YOU KNOW, ACTIVE AND WORKING THROUGH ALL THAT. EVERYTHING SEEMS TO BE NOW A STEADY STATE, AND SO THAT'S MOVING INTO THE SUBCOMMITTEE. SO I THINK THE INTENTION IS TO SUNSET THE, UM, THE TASK FORCE, UM, VERY SOON. OKAY. BUT YOU'RE NOT READY TO DO THAT TODAY. YOU GOT LIKE ONE, ONE FINAL CLOSEOUT IT SOUNDS LIKE. OKAY, PERFECT. VERY LIKELY, YES. THANK YOU. OKAY. ALL RIGHT. RYAN FLOOR IS YOURS. THANK YOU [15. ERCOT Reports] VERY MUCH, RYAN KING KOTT, UH, ANOTHER PERSON, UH, WHO WOULDN'T BE HERE TODAY WITHOUT, UH, DAVE MAGGIO. SO THANKS AGAIN, DAVE, FOR EVERYTHING. I'M VERY PLEASED TO BE ABLE TO SPEAK TO A COUPLE OF ITEMS. SO THE, THE FIRST ITEM TODAY IS I WANTED TO PROVIDE AN UPDATE ON THE A DR PILOT PROGRAM. THERE'S A COUPLE OF THINGS IN PARTICULAR THAT I'D LIKE TO HIGHLIGHT IN TERMS OF THE GROWTH THAT WE'RE SEEING IN THE PILOT, SOME OF THE CHANGES THAT WE'RE GOING TO BE CONSIDERING WITH RESPECT TO THE REGISTRATION FORMS, AND A LITTLE BIT OF A PREVIEW OF WHERE WE'RE HOPING TO MOVE THIS, UH, PILOT FORWARD THIS YEAR. AND HOUSE WHEEL, HOUSE WHEEL ARROWS, I'M HAVE TO CLICK ON THAT WINDOW TO ACTIVATE IT, BUT THEN THERE YOU GO. THERE WE GO. THANK YOU. SO, A GOOD NEWS STORY IS THAT THE A DR PILOT IS GROWING AND, AND IT'S BEEN GROWING SIGNIFICANTLY, PARTICULARLY TOWARD THE, UH, SECOND HALF OF LAST YEAR INTO THIS YEAR. UM, WHAT I HAVE HERE, UH, ARE SOME SUMMARY STATISTICS THAT ARE USUALLY PART OF, UH, BOARD UPDATES. WHAT YOU CAN SEE HERE IS THAT NOW WE ACTUALLY HAVE SEVEN RESOURCES FULLY PARTICIPATING, UH, IN THE ERCOT MARKET AS, AS A DR RESOURCES. I'VE HIGHLIGHTED SOME OF [03:15:01] THE, UH, STATISTICS RELATED TO THE, THE ENERGY CAPABILITY AS WELL AS THE, THE NON SPINNING RESERVE AND ECRS NOTE THAT THERE ARE SOME OTHERS THAT ARE IN THE QUEUE. AND IF YOU LOOK AT THE TOTAL WE'RE, WE'RE AT, UH, JUST OVER 120 MEGAWATTS OF CAPABILITY FROM ME FOR ENERGY 35 FOR NON SPIN AND 49 FOR ECRS. SO ONE OF THE THINGS THAT, THAT, UH, BRINGS UP IS QUESTIONS AROUND LIMITS. SO, AS, AS NOTED BEFORE, THIS IS A PILOT, IT'S A, IT'S A FAIRLY, UH, ADMINISTRATIVE ADMINISTRATIVELY INTENSIVE PROGRAM, AND WE HAVE, UH, LIMITS ON THERE TO BOTH MANAGE, UH, THE SYSTEM IMPACTS AND THE IMPACTS TO, TO ERCOT STAFF AND, AND, UH, RESOURCING TO BE ABLE TO SUPPORT THIS PILOT. BUT UNDER THE, THE PHASE THREE GOVERNING DOCUMENT, WE GAVE, UH, OURSELVES THE ABILITY TO INCREASE LIMITS WHEN THE NEED AROSE. UM, AS PART OF THE PHASE THREE DOCUMENT, WE HAD, UH, REGISTERED LIMITS OF 200 MEGAWATTS FOR FOUR, UH, SORT OF REGISTERED CAPACITY AND SYSTEM WIDE LIMITS OF 100 MEGAWATTS FOR EACH OF NONS SPIN AND ECRS. SOMETHING THAT WE'VE HAD, UH, SINCE THE INCEPTION OF THE PILOT WAS A LIMIT OF 20% ON THOSE RESPECTIVE SYSTEM-WIDE CAPS. SO WHAT THAT MEANS IS THAT AN INDIVIDUAL QUALIFIED SCHEDULING ENTITY COULD HAVE NO MORE THAN 20% OF THOSE RESPECTIVE LIMITS. AS I NOTED, THE, THE GOVERNING DOCUMENT DOES PROVIDE ERCOT WITH A DISCRETION TO INCREASE LIMITS WHEN THE NEED ARISES, UH, IN CONSULTATION WITH TAC. AND THAT'S ONE OF THE REASONS THAT I'M HERE TODAY. AND SO WHAT WE SEE IS THAT GIVEN THE, THE RECENT, UH, INCREASES IN PARTICIPATION IN THE ANTICIPATION THAT'S GOING TO CONTINUE TO GROW, WE SEE A NEED TO MAKE SOME ADJUSTMENTS TO LIMITS. AND SO THAT'S WHAT I WILL FOCUS ON NEXT SLIDE. SO WHAT I HAVE HERE ARE THE CURRENT LIMITS AND THAT WHAT WE ARE, WHAT WE ARE PROPOSING AS THE NEW LIMITS FOR THE PILOT. SO THE, I'LL JUST KIND OF GO THROUGH THIS LINE BY LINE FIRST IS THE, THE REGISTERED CAPACITY LIMIT. YOU CAN THINK ABOUT THAT AS, YOU KNOW, HOW MUCH, HOW MUCH IS REGISTERED TO PARTICIPATE IN THE PILOT. UM, WE'RE PROPOSING TO INCREASE THAT FROM 200 MEGAWATTS TO 500 MEGAWATTS. WE'RE PROPOSING TO KEEP THE ANCILLARY SERVICE LIMIT AS IS FOR NOW. AND I WILL KIND OF GO INTO SOME OF THE REASONS FOR THAT ON THE NEXT SLIDE. AND THE OTHER CHANGE THAT WE'D LIKE TO MAKE IS WE WOULD LIKE TO INCREASE THE QSE LIMIT FROM 20%, UH, TO 90%. AND ON THE NEXT SLIDE, I'LL KIND OF GO THROUGH WHAT I SEE AS THE RATIONALE HERE. UH, FIRST OF ALL, THE, THE HIGHER CAPACITY LIMIT IS JUST WE, WE DON'T, WE WANT TO MAKE SURE THAT WE'RE NOT, UH, GETTING IN THE WAY OF GROWTH WHILE CONTINUING TO MAKE SURE THAT, UH, WE'RE MANAGING, UM, THE ADMINISTRATIVE BURDEN OF THE PILOT. SO WE SEE 500 MEGAWATTS AS AN ABILITY TO CONTINUE TO SUPPORT GROWTH, UM, WHILE STILL HAVING A LITTLE BIT OF, UH, COMFORT THAT WE'RE, WE'RE MANAGING. WE'RE KEEPING THIS WITHIN MANAGEABLE LIMITS, UM, BASED ON SOME DISCUSSIONS THAT WE HAVE HAD MOSTLY INTERNALLY. I THINK THERE STILL IS SOME CONCERN WITH MOVING TOO FAR, TOO FAST ON THE, ON THE ANCILLARY SERVICE LIMITS. THAT'S NOT NECESSARILY TO SAY THAT, UH, THERE'S BEEN ANY ISSUE WITH PERFORMANCE. UM, HOWEVER, THERE ARE SOME BUILT-IN WHAT I'LL SAY, LIMITATIONS THAT WERE DONE BY DESIGN BASED ON MOVING THIS PILOT FORWARD THAT WE WOULD NEED TO LOOK MORE CLOSELY AT IF WE WANT TO HAVE THESE BECOME A LARGER PART OF OUR MARKET. AND DURING PART OF OUR MARKET DESIGN. AND SPECIFICALLY I'VE NOTED HERE ARE THE, THE MODELING OF THESE RESOURCES. WHAT ARE THESE RESOURCES ACTUALLY COMPOSED OF? UM, MAKING SOME HEADWAY IN TERMS OF AUTOMATION OF REGISTRATION. UH, LOOKING AT HOW WE DISPATCH THEM USING THE USE OF LOAD ZONE SHIFT FACTORS CAN, CAN MEAN THAT WHEN WE'RE DISPATCHING THEM, THAT COULD HAVE, UH, THERE COULD BE QUITE A DIFFERENCE BETWEEN THE BASIS FOR THE DISPATCH AND THEIR, THEIR IMPACT ON, ON SYSTEM CONGESTION AS WELL AS, AGAIN, THIS IS PART OF THE UNDERLYING NATURE OF THE RESOURCES. IF THEY'RE, YOU KNOW, COMPRISED LARGER BATTERIES, SHOULD THINGS LIKE STATE OF CHARGE BE MORE INTEGRATED INTO THEIR PARTICIPATION. AND I DO SEE THERE'S A, A COUPLE QUESTIONS HERE. I'LL JUST FINISH THIS AND THEN WE CAN GO TO THE, UH, THE QUESTIONS HERE. THE HIGHEST, THE HIGH QSE HIGHER QSE LIMIT RATHER WAS, UM, AGAIN, WHEN WE STARTED THIS PILOT, UH, OVER THREE YEARS AGO, THE, THE THINKING WAS THAT WE WANTED TO MAKE SURE THAT THERE WAS OPPORTUNITY FOR DIFFERENT PARTICIPANTS AND DIFFERENT PARTICIPATION TYPES IN KIND OF KEEPING WITH THE LEARNING NATURE OF THE PILOT. AND WE WERE CONCERNED THAT, YOU KNOW, ONE, ONE TECHNOLOGY OR ONE GROUP MAY, MAY TAKE ADVANTAGE AND, AND KIND OF CROWD, CROWD OUT THE FIELD AND MAKE THE, THE LIMITS, UH, CROWDED OUT AND NOT, NOT GETTING THAT DIVERSITY. BUT I THINK AFTER A PERIOD OF, OF THREE PLUS YEARS, WE, WE FEEL THAT, THAT WE'RE PROBABLY COMFORTABLE, UM, [03:20:01] MOVING THAT QSE LIMIT UP. SO THAT WILL ALLOW FOR THE CONTINUED GROWTH IN THE RESOURCES THAT ARE PARTICIPATING TODAY. BUT IT DOES LEAVE, UH, YOU KNOW, UH, A, A NON-TRIVIAL AMOUNT FOR SMALLER AGGREGATIONS TO CONTINUE TO PARTICIPATE. SO I, I'LL PAUSE THERE AND, UH, SEE IF THERE ARE ANY QUESTIONS. YEP. YOU GOT NED WITH A QUESTION. ALRIGHT, THANK YOU RYAN. UM, AND I'M, I'M, I'M GLAD TO SEE THAT THE PROGRAM IS GROWING . I NOTED THE EXCLAMATION POINT ON THE FIRST SLIDE. SO, UM, I KNOW THAT'S BEEN SOMETHING THAT, UH, BEEN LOOK, YOU'VE BEEN LOOKING TOWARDS. AND WHAT I WANTED TO ASK IS, UM, YOU KNOW, IS THAT MOSTLY, WELL, CAN YOU CHARACTERIZE WHERE THAT GROWTH IS COMING FROM? IS THAT FROM MULTIPLE QUES? IS THAT MOSTLY IN THE PHASE THREE, UM, NON-CONTROLLABLE LOAD RESOURCE PARTICIPATION MODEL? OR IS IT MORE IN THE, THE PHASE ONE, PHASE TWO MODEL? UM, SO IT'S MOSTLY AMONG THE EXISTING SET OF, OF QSCS THAT ARE PARTICIPATING TODAY. THEY'RE ANTICIPATING, UH, MORE GROWTH NOW THAT THEY HAVE KIND OF, UH, I DON'T WANNA SAY MASTERED, BUT THEY, THEY'VE FIGURED OUT A, A, A BUSINESS MODEL THAT SEEMS TO, TO WORK FOR THEM. THEY'VE BEEN ABLE TO MEET ALL THE TELEMETRY REQUIREMENTS. NOW THEY'RE, THEY'RE MOVING AT SCALE AND THEY WANT TO CONTINUE TO EXPAND AND, AND WE WANT TO, TO CONTINUE TO SUPPORT THAT. I WILL SAY WE, UH, YOU DID MENTION THE, THE NON-CONTROLLABLE LOAD RESOURCE TO DATE. AND I JUST WANNA NOTE TO DATE, WE HAVEN'T RECEIVED AN APPLICATION THAT WOULD WANT TO PARTICIPATE UNDER THAT FRAMEWORK, BUT OF COURSE, IT, IT IS AVAILABLE AND WE WILL UPDATE AS, AS AND WHEN THAT, UH, THAT FULFILLS ITSELF. OKAY. I APPRECIATE THAT. UH, YOU KNOW, INITIAL REACTION, YOU KNOW, ONE IS, YOU KNOW, I THINK WE'VE, WE'VE HAD THIS CONVERSATION BEFORE, THIS IS DEFINITELY THE BETTER MODEL FOR, FOR TRYING TO GET LOAD RESOURCES, UH, IN, UH, AND SAY PREFERABLE TO THE, THE RESIDENTIAL DEMAND RESPONSE PROGRAM. BUT THIS IS, YOU KNOW, THIS IS GROWING, THAT'S A GOOD SIGN. UM, AND ON THE QUEASY LIMITS, YOU KNOW, INITIAL REACTION IS 90 D SEEMS HIGH. UM, BUT YOU KNOW, AS YOU'RE TAKING THE TOTAL UP AND, UM, YOU KNOW, IF YOU'RE SEEING MORE ENGAGEMENT FROM DIFFERENT QUEASY, THAT MAY BE SOMETHING TO TO CONSIDER. BUT, UM, OVERALL I THINK THIS IS A, THIS IS A GOOD NEWS UPDATE AND, UH, CON YOU KNOW, CONGRATS. THANK YOU, SETH. YEAH, I JUST HAVE A QUESTION ABOUT THE, UH, A D THAT ARE OFFERING IN THE MARKET. DO THEY OFFER LIKE 24 BY SEVEN OR ARE THEY SOMETIMES OFFERING, SOMETIMES NOT? LIKE WHAT DOES THAT LOOK LIKE, THE ACTUAL PARTICIPATION? UH, SO, SO TO SOME EXTENT IT DOES VARY. I, I THINK FOR THE MOST PART, THERE IS A KIND OF DAYLIGHT BASED OFFERING THAT THAT GOES ON. UH, IT MAY VARY BY RESOURCE, BUT UH, IT KIND OF, KIND OF DEPENDS A LITTLE BIT. NOT LIKE THEY'RE SITTING OUT ONE DAY AND PARTICIPATING THE NEXT DAY. JUST, I WAS JUST CURIOUS. NO, THE, THE PARTICIPATION IS, IS FAIRLY REGULAR, ALTHOUGH FROM TIME TO TIME THERE ARE, THERE ARE SOME, UH, RESOURCES THAT, THAT, THAT DON'T OFFER. AND, UM, FOR, FOR PERIODS OF TIME. AND THIS IS MOSTLY RESIDENTIAL LOAD OR, UH, WELL, IN FACT IT'S, IT'S, IT'S MORE RESIDENTIAL BATTERIES IS PROBABLY THE MORE ACCURATE WAY TO, TO DESCRIBE THIS. OKAY. AND IT DOES PARTICIPATE IN PRICE FORMATION, CORRECT? THAT'S CORRECT. OKAY. AND THERE'S NO, LIKE, THEY CAN OFFER WHATEVER VALUE THEY WANT, LIKE PRICE VALUE? THAT'S TRUE, YES, SIR. OKAY, THANKS. MARK. DREYFUS, UH, THANK YOU CHAIR. UM, AS I'VE NOTED FOR MANY MONTHS AS WE'VE DISCUSSED THIS, UH, TOPIC AND, AND ALSO THE RELATED NPR 1296, UH, COMMERCIAL CONSUMERS ARE BIG SUPPORTERS OF THIS PROGRAM, AND WE ARE VERY HAPPY TO, UH, WITNESS THE SUCCESS OF THIS PROGRAM. UM, AS CAME UP EARLIER IN THE MEETING TODAY, WE ARE, UH, VERY INTERESTED IN SEEING THE, THE OUTCOME OF THE MORE HOLISTIC STUDY ON OPPORTUNITIES FOR DEMAND RESPONSE BECAUSE, UH, AS WE'VE BEEN DISCUSSING FOR SOME MONTHS NOW, WE BELIEVE THAT, THAT THERE'S BEEN LOST OPPORTUNITY ON TAKING ADVANTAGE OF DEMAND RESPONSE. AND NOW IS THE TIME GIVEN THE CHALLENGES WE'RE FACING. I, I NOTE IN THE, IN THE PRESENTATION AT THE BOARD ON THE FAR WEST PROBLEM, IN OUR DISCUSSION TODAY ON NPRR 1315, I, I DIDN'T HEAR MUCH DISCUSSION ABOUT THINKING ABOUT DEMAND RESPONSE AS A SOLUTION. AND, AND I THINK THAT SHOULD BE A FUNDAMENTAL PART OF, OF OUR DISCUSSION OF, OF ALL OF THESE CHALLENGES THAT WE'RE FACING, UM, [03:25:01] ON THIS PARTICULAR PRESENTATION. UM, YOU KNOW, WE, WE'VE HAD SOME DISCUSSION, PARTICULARLY AT WMS EARLIER, I GUESS LATE LAST YEAR, ABOUT THE TRADE-OFFS BETWEEN THE POSSIBLE RESIDENTIAL DEMAND RESPONSE PROGRAM AND THE A DR PROGRAM. AND, AND I THOUGHT AT THAT TIME THAT I HEARD SOME RESISTANCE BECAUSE THERE WERE BARRIERS TO PARTICIPATION IN THE A DR PROGRAM THAT WERE JUST, UH, DIFFICULT TO OVERCOME. AND, AND IT APPEARS TO ME THAT THAT DOES NOT SEEM TO BE THE CASE GIVEN THE GROWTH IN THE PROGRAM. AND SO IF THERE ARE BARRIERS THAT THAT PARTIES ARE CONCERNED ABOUT FOR THIS PROGRAM, THEN I THINK WE NEED TO, WE NEED TO BRING THOSE FORWARD AND HAVE THAT DISCUSSION PRETTY SOON. UM, 'CAUSE THIS DOES LOOK LIKE A SUCCESS THAT WE CAN BUILD ON. UM, I DO HAVE ONE QUESTION FOR YOU, RYAN, AND, AND THAT IS, AT, AT WHAT POINT HAVE WE REACHED PROOF OF CONCEPT SO THAT THIS IS, WE CAN TRANSITION FROM BEING A PILOT PROGRAM TO JUST A REGULAR PART OF OUR MARKET? THANKS. UH, THAT'S A VERY, UH, APROPOS QUESTION MARK, AND I THINK THAT'S EXACTLY WHERE WE ARE LOOKING TO GO RIGHT NOW. SO, IN FACT, MAYBE IF I CAN JUST MOVE TO THE NEXT SLIDE. OH, NO, I GUESS THAT'S COMING UP IN A FEW SLIDES. WELL, AT ANY RATE, UM, YES, WE'RE, WE FEEL THAT WE'VE, WE'VE SEEN ENOUGH THAT THERE SEEMS TO BE A LOT OF PROSPECTS FOR GROWTH AND DEVELOPMENT. AND IN ORDER TO SUPPORT THAT, WE NEED TO MOVE, UH, FROM PILOT TO PROTOCOL. SO OUR, OUR PLAN IS, UH, TO START ENGAGING MORE ON HOW THIS PROGRAM TRANSITIONS INTO A PERMANENT FEATURE OF OUR MARKET DESIGN. AND IN PARTICULAR, SOME OF THE THINGS THAT I'M NOTING HERE, THE, THE QUESTIONS AROUND THE, THE MODELING OF DERS, UH, REGISTRATION, UH, THE BASIS FOR DISPATCH, AND ALSO JUST A REFLECTION OF THE, THE FACT THAT THESE ARE NOT, OR THEY MAY NOT NECESSARILY BE HOMOGENOUS, LIKE THE WORD A DER ACTUALLY IS MEANT TO IMPLY HETEROGENEITY, BUT IF THEY ARE, FOR INSTANCE, AGGREGATIONS OF BATTERIES, SHOULD WE START THINKING ABOUT THEM AS BATTERIES RATHER THAN PRETENDING THEY'RE LOAD, HAVING THEM, UH, UH, PROVIDE STATE OF, UH, LIKE HAVING THEIR STATE OF CHARGE GO INTO SCAD, THOSE TYPE OF THINGS. SO THOSE ARE THE KIND OF QUESTIONS WE WOULD LIKE TO, TO ADDRESS AS PART OF A, A LARGER MOVE FROM, FROM, FROM PILOT TO PROTOCOL. OKAY. NEXT IN THE QUEUE IS MITCH. HI, MITCH MO HERE WITH, UH, BASE POWER COMPANY. JUST WANNA SAY, UH, UH, ECHO MARK'S COMMENTS ON THE, YOU KNOW, THINKING ABOUT THESE RESOURCES AND ABOUT THIS DISTRIBUTED AGGREGATIONS AS A POTENTIAL, YOU KNOW, SOLUTION TO SOME OF THE PROBLEMS THAT WE'RE SEEING IN, UM, YOU KNOW, IN, IN THINGS LIKE THESE LARGE LOAD INTERCONNECTIONS, IN THE KIND OF LARGE LOAD, UH, YOU KNOW, UH, ADDITIONS ON THE GRID. UH, ALSO WANTED TO ASK IF THERE IS ANY PLAN OR KIND OF, UM, OUTLOOK ON THE KIND OF SHAPE OF THAT NPRR AND ANY POTENTIAL, UM, ADDITIONS BEYOND WHAT IS ALREADY IN THE PILOT PROGRAM, OR IF THAT'S GOING TO BE MORE STRICTLY RELATED TO JUST WHAT IS KIND OF ENSHRINING WHAT IS ALREADY IN THE PROGRAM? SO I, I THINK OUR, OUR EXPECTATION IS THAT WE WOULD WANT TO CERTAINLY TAKE THE LESSONS LEARNED FROM THE PILOT, BUT WE WOULD, WE WOULD NOT CONSIDER OURSELVES COMPLETELY BOUND BY THE, THE TERMS OF THE PILOT, FOR INSTANCE, UH, AS, AS, AS YOU WILL BE AWARE, THE, THE, THE REQUIREMENT THAT THESE ARE MODELED ALWAYS AS LOADS ALL THE TIME, IT WAS A DELIBERATE DECISION AND IT MADE A LOT OF SENSE FOR THE PURPOSE OF THE PILOT, BUT IT, IT MAY MAYBE SOMETHING WORTH REVISITING, UH, SIMILARLY, WHETHER JUST PRETENDING THAT THEY'RE, THAT THEY'RE ALL IN ONE LOCATION, AGAIN, THAT THAT'S SOMETHING THAT AS THE RESOURCE MATURES AND, AND DEVELOPS, WE MIGHT WANT TO REVISIT AS WELL. SO THOSE, THOSE ARE THE KIND OF, I SUPPOSE, POLICY QUESTIONS THAT WE WOULD WANT TO WORK WITH STAKEHOLDERS AS PART OF A, AS PART OF AN NPRR. BUT YES, WE'LL, WE'LL CERTAINLY BE LOOKING FOR THE, THE INPUT AND EXPERIENCE OF, OF STAKEHOLDERS TO HELP INFORM WHAT THAT NPR LOOKS LIKE. JENNIFER JUDGE SCHMIDT FROM RHYTHM. UM, I ALSO ECHO A LOT OF MARK'S POINTS. I GUESS I WOULD ADD THAT THE TELEMETRY REQUIREMENTS FOR THE ADA PILOT DOESN'T MAKE IT DIFFICULT TO HAVE A TRUE MASS MARKET DEMAND RESPONSE PROGRAM. AND SO, UM, I THINK 1296 [03:30:01] IS TREMENDOUSLY IMPORTANT FOR ACTUALLY ADDRESSING RESIDENTIAL, UM, AND SMALL COMMERCIAL DEMAND RESPONSE. UM, ADA HAS A VERY PARTICULAR USE CASE THAT IS LESS, UH, HETEROGENEOUS THAN I THINK IT WAS ORIGINALLY CONCEPTUALIZED TO BE. BILL, DO YOU HAVE, SIMILAR TO WHAT JENNIFER SAID, THE BARRIERS THAT MARK REFERENCED TO STILL EXIST, THIS IS, UH, BASICALLY BECOMING A BATTERY OF PROGRAM, WHICH IS GREAT. THE MORE PROLIFERATION WE HAVE OF HOME BATTERY SYSTEMS THAT CAN BE AGGREGATED TOGETHER, THAT IS UNIQUELY SUITED FOR THE DESIGN OF THIS PROGRAM. WHETHER YOU CONSIDER THAT DEMAND RESPONSE OR NOT, IT'S A DIFFERENT QUESTION. SO THE, THE NEED FOR 1296 STILL REMAINS IF YOU WANT TO GROW TRUE GERMAN RESPONSE THROUGH SMART THERMOSTAT AGGREGATIONS. UM, AND, AND REDUCING CONSUMPTION. THIS PROGRAM WILL WORK VERY WELL FOR OUR HOME, UH, BATTERY SYSTEMS. I CERTAINLY HAVE NOTHING TO ADD TO THOSE POINTS AND THE QUEUE IS CLEAR. ALRIGHT, WELL IF YOU'LL PERMIT ME, I WILL JUST PROVIDE A COUPLE OF OTHER UPDATES BEFORE MOVING TO MY NEXT ITEM. AS I NOTED AT THE OUTSET, THERE ARE SOME UPDATES THAT WERE, HAVE BEEN DISCUSSED AT WMS RELATED TO THE DETAILS OF THE AGGREGATION OR DOTA FORMS IS THE TEMPLATE THAT THE QSE SUBMIT THAT HAS THE, THE INFORMATION ON THE, THE UNDERLYING PREMISES THAT ARE GONNA PARTICIPATE IN THE PROGRAM. SO JUST A COUPLE OF THINGS THAT, THAT WERE HIGHLIGHTED IN, UH, DECEMBER OF LAST YEAR. THESE, THESE ARE PRETTY PRETTY MINOR FOR THE MOST PART. SOME CLARIFICATIONS, SOME REMOVAL OF COLUMNS. THERE IS THE IDEA OF A, A DEFINITION OF LIBRARY, OR PARDON ME, A DEFINITION LIBRARY OF DATA ELEMENTS AND SOMETHING THAT WAS PROPOSED BY THE, UH, DSPS, WHICH WAS A NEW REJECTION REASON FOR DISTRIBUTION SYSTEM CONSTRAINTS STILL UNDER REVIEW. SO, UM, WE'RE, WE'RE KIND OF CLOSE TO FINALIZING THAT AND WE'LL PLAN TO SEND OUT A NEW MARKET NOTICE ONCE THOSE UPDATES HAVE BEEN FINALIZED. AND THEN THE NEW FORMS WOULD BE, WOULD BE POSTED ON THE A DR WEBPAGE. I, ALRIGHT, WELL, I DO WANT TO THANK TAC FOR, UH, YOUR TIME. UH, JUST IN TERMS OF NEXT STEPS THAT WE SEE HERE. SO, UH, THE GOVERNING DOCUMENT IS KIND OF THE BASIS FOR THE, THE RULES FOR THE PROGRAM. AND SO WHAT WE'VE, WE'VE DONE WITH THESE KIND OF MODEST CHANGES AS WE JUST INCLUDE RED LINES. SO WE'LL HAVE A 3.2 RED LINE THAT WILL, THAT WILL REFLECT THE POINTS THAT, THAT I RAISED TODAY AROUND PARTICIPATION LIMITS. WE'LL ALSO HAVE A MARKET NOTICE ADVISING OF THE SAME, AND WE'LL HAVE A MARKET NOTICE WHEN THOSE NEW DOTA FORMS HAVE BEEN, UH, HAVE BEEN POSTED ON THE A DR WEBPAGE. AND AS I NOTED, UH, WE'RE HOPING TO, UH, ENGAGE IN SOME MORE, UH, FRUITFUL DISCUSSION AROUND THE SCOPE OF HOW DO WE GET THIS FROM, FROM, FROM PILOT TO PROTOCOL. AND, UH, LOOK FORWARD TO HAVING SOME DISCUSSIONS AROUND THAT IN Q2. I'D EXPECT FOR THE MOST PART WE WOULD LOOK TO DO THAT AT WMS JUST BECAUSE THAT HAS BEEN THE FORM. BUT OF COURSE, HAPPY TO, TO BRING THIS TO MULTIPLE FORMS. OKAY. I DON'T SEE ANYBODY ELSE IN THE QUEUE. THANK YOU FOR THE UPDATE ON THIS ONE. DO YOU WANNA SWITCH OVER TO THE FIRM ANALYSIS? YES, I, I WILL STEP ASIDE MOMENTARILY. OKAY. WELL, WELL THANK YOU AGAIN. UM, HAPPY TO HAVE THE OPPORTUNITY TO DISCUSS THE, UH, THE PERFORMANCE OF THE MARKET UNDER A WINTER STORM FIRM. THIS, THIS IS SOMETHING THAT IS OF NOTE BECAUSE IT IS OF COURSE THE, THE FIRST SORT OF, UH, SIGNIFICANT WEATHER EVENT THAT HAS OCCURRED POST THE IMPLEMENTATION OF REAL TIME CO OPTIMIZATION FROM BATTERIES. UM, COUPLE OF POINTS, UH, JUST FOR FOR BACKGROUND IS THAT WINTER STORM FIRM BEGAN ON THE 24TH OF JANUARY AND LASTED UNTIL NOON ON THE 27TH. UH, PEAK INSTANTANEOUS DEMAND WAS JUST SHY OF 76,000 MEGAWATTS. AND AT THIS TIME, SYSTEM TEMPERATURE WAS, UH, JUST SHY OF 19 FAHRENHEIT. UH, OVERALL, UH, THE MARKET WORKED AS DESIGNED WITH PRICES REFLECTING SYSTEM CONDITIONS. A COUPLE OF POINTS THAT I'LL HIGHLIGHT HERE. UH, IN TERMS OF ENERGY PRICES, WE SAW THE HIGHEST PRICE IN THE DAY AHEAD MARKET OCCUR THE MORNING OF JANUARY 26TH, AND IN REAL TIME THE EVENING OF JANUARY 25TH. AND WHAT WE SAW IS, UH, FOR THE MOST PART DAY AHEAD, MARKET PRICES DID RUN HIGHER THAN REAL TIME PRICES THROUGHOUT THE EVENT. UH, IN TERMS OF OUR ANCILLARY SERVICES, WE DID SEE, PARTICULARLY IN THE DAY HEAD MARKET PERIODS OF TIME WHERE, UM, DUE TO, UH, UH, ENERGY BEING PRIORITIZED OVER ANCILLARY SERVICES, WE DID RUN INTO SOME, UM, SHORTAGES [03:35:01] RELATIVE TO THE AS PLAN, 72% FOR NONS SPIN 50 PER 54%, THAT SHOULD SAY FOR EEC ECRS IN THE DAM. THERE WERE SOME SHORTAGES IN REALTIME AS WELL, BUT THEY WERE, UH, SMALLER AND PRIMARILY IN NONS SPIN. IN TERMS OF CONGESTION, THE SOUTH ZONE WAS REALLY THE DRIVER OF CONGESTION RENT IN BOTH THE DAM AND REALTIME MARKET. PEAK REALTIME CONGESTION RENT WAS $65 MILLION ON JANUARY 25TH. AND, UH, PARTICULARLY OF NOTE IS THAT 90% OF THE UNIT COMMITMENT HOURS WERE ACTUALLY MANUAL ACTIONS TO MANAGE, UH, A CONGESTION EMERGENCY ON THE SOUTH TEXAS IROL. UH, FROM THE RELIABILITY SIDE, UH, WE DID HAVE A FIRM FUEL SUPPLY SERVICE DEPLOYMENT. SO FIVE RESOURCES PROVIDED 440 MEGAWATTS OF CAPACITY AT PEAK 17 RESOURCES COMMITTED EITHER THROUGH R OR THROUGH VDI INSTRUCTIONS AND THERE WAS NO FIRM BUT SHOWED FIRM LOAD SHED, PARDON ME BY . DO YOU WANNA TAKE QUESTIONS AS WE GO? YES, HAPPY TO. OKAY. UH, CAITLIN. HEY RYAN, THE, UM, 72 NONS SPEND SHORTAGE, CAN YOU JUST ELABORATE ON THAT? IS THAT A AVERAGE ACROSS THE HOURS ON THE 26TH? OR? WHAT I PROBABLY COULD DO IS GO TO THE NEXT SLIDE AND I THINK IT WILL PROBABLY HIGHLIGHT, OH, MAYBE WHAT I'LL SAY IS I, I'LL GET INTO THAT A LITTLE BIT MORE. UH, THAT, THAT'S ACTUALLY AN INSTANTANEOUS NUMBER, THAT'S AN INSTANTANEOUS AN YEAH. AND SO IT'LL BE ILLUSTRATED WHEN I KIND OF GO THROUGH THE, THE OVERVIEW OF THE, UH, THE HOURS OVER THE, OVER THE LATE JANUARY IN BOTH THE DAY AHEAD MARK IN REAL TIME. OKAY. AND I, I'LL, I'LL LET YOU GET TO THAT, BUT I, I, WE'D LIKE TO HEAR ALSO ABOUT, YOU KNOW, IF YOU'RE GETTING LOWER PARTICIPATION FROM JUST DSRS OR ALSO FROM THERMALS, THERE'S, YOU KNOW, NEW SOC RULES THAT WENT IN WITH RTC, BUT THERE'S ALSO A, A BIG DIFFERENCE IN HOW ANCILLARY SERVICES ARE SORT OF NOT QUOTE UNQUOTE DEPLOYED. AND SO WE, WE WERE WONDERING FOR MORE INFORMATION ON, ON, YOU KNOW, WHAT'S DRIVING THE SHORTAGE. SURE. WELL, I I CAN CERTAINLY GET INTO THAT, UH, WHEN WE, WHEN WE GO INTO THAT SLIDE. AND THEN IF THERE ARE QUESTIONS I CAN ANSWER HERE, HAPPY TO, OTHERWISE HAPPY TO TAKE THEM BACK AS WELL. I THINK I'LL SAVE MORE COMMENTS FOR AFTER THAT SLIDE. OKAY. BETH, JUST A, A COUPLE QUICK QUESTIONS. I WANTED TO TIE TOGETHER. SO MOST OF THE RUCK HOURS WERE, UM, THE MANUAL TO ADDRESS CONGESTION 17 RESOURCES COMMITTEE, EITHER THROUGH RUCK OR VDI. I, WERE THERE VDIS ASSOCIATED WITH MANAGING THE SOUTH ZONE CONGESTION AS WELL, OR, YES. SO ALL, ALL THAT LUMPED TOGETHER. AND THEN DO YOU KNOW OFF THE TOP OR COULD YOU SHARE OFF THE TOP OF YOUR HEAD THE VOLUME OR THE NUMBER OF UNITS THAT ARE HAVE FIRM FUEL SUPPLY SERVICE AGREEMENTS? WE HAD FIVE RESOURCES OUT OF HOW MANY, SO I DON'T, I DO KNOW THAT WE HAVE, UH, PLANNED A KIND OF MORE WHOLE HOLISTIC RATHER FIRM FUEL SUPPLY SERVICE PRESENTATION THAT WE DO AT THE END OF THE END OF THE PERIOD, BUT, UM, I COULD CERTAINLY GET THOSE NUMBERS, BUT I DON'T HAVE THEM IN HANDY. IF ANYBODY KNOWS, MY WALKING AROUND NUMBER IS LIKE MAYBE A DOZEN UNITS HAVE FIRM FUEL CONTRACTS. OKAY. UH, SOMEBODY CORRECT ME IF I'M WAY OFF BASE AND THAT'S MAYBE CLOSE TO 1500, 2000 MEGAWATTS. I'M JUST TRYING TO PUT THAT FIRM FUEL USAGE IN CONTEXT OF THE OVERALL SUPPLY. OKAY. BLAKE, BLAKE, COLE, LCRA. RYAN, I DIDN'T SEE AN APPROPRIATE SLIDE TO ASK THIS QUESTION, SO I'LL JUST START OFF HERE. UH, WE HAD SOME QUESTIONS ABOUT THE LOAD FORECAST, THE DAY AHEAD LOAD FORECAST ON THE 26TH. UH, WE'VE HEARD SOME COMMENTARY HERE AND THERE THAT SCHOOL AND BUSINESS CLOSURES MAY HAVE BEEN THE, THE REASONING BEHIND THAT. I'M CURIOUS IF THAT WAS THE WHOLE REASON OR NOT. UM, ALSO HAVE Y'ALL LOOKED AT MAKING IMPROVEMENTS TO THE PROCESS FOR THE NEXT EVENT? AND JUST GENERAL QUESTIONS ON, IS PRICE RESPONSIVE DEMAND ACCOUNTED FOR IN THAT DAY AHEAD FORECAST? UH, IF NOT, WHY NOT? UH, THOSE ARE SOME QUESTIONS WE HAVE. YEAH. SO, UM, BASED ON SOME OF THE DISCUSSIONS THAT, THAT I'VE BEEN PARTY TO, I THINK THE, SOME OF THE ASSUMPTIONS ON HOW MUCH SOME OF THE LARGE INDUSTRY AND FOLKS ACTUALLY, UM, BEING IN THE OFFICE WOULD DRIVE DEMAND AND TO SOME EXTENT THAT, UH, THAT CHANGE HAD A BIG IMPACT. UM, SORRY, WHAT WAS THE SECOND QUESTION? IS, IS PRICE RESPONSIVE LOAD ACCOUNTED FOR? IS THAT ACCOUNTED FOR IN THE FORECAST FORECAST? UH, [03:40:01] I BELIEVE IT IS, BUT I, I DON'T HAVE IN FRONT OF ME THE EXACT MANNER THAT, THAT IT'S PROVIDED THAT. THANKS, SETH. QUICK QUESTION, UH, ON RELIABILITY TOOLS, DID YOU USE THE TOOL OF THE 2 0 2 C ORDER THAT Y'ALL APPLIED FOR WITH THE, WITH THE DOE, THE BACKUP GENERATION? SO IT'S MY UNDERSTANDING THAT THAT WAS APPLIED FOR, BUT WE DID NOT ACTUALLY CALL ON ANY RESOURCES AS A RESULT OF THAT. OKAY. INTERESTING. THANKS BRIAN. HEY, I'M HOPING TO TAKE SOME WORK OFF RYAN'S PLATE AND, UH, JUST RESPOND TO BETH'S QUESTION IN REAL TIME. AND ERCOT PUTS OUT THIS HANDY FF SS PROCUREMENT SUMMARY, 32 DIFFERENT RESOURCES AND, UH, TOTAL MEGAWATTS PROCURED IS 4250.4, SO IT WAS HALF, HALF OFF. ALL RIGHT. UHHUH, , THANK YOU FOR SHARING. UM, MY PLEASURE. I'LL SEND YOU SEPARATELY THIS INFO, BUT, UH, YOU CAN CROSS IT OFF YOUR LIST THERE, RYAN. THANK YOU, BRIAN. I, I COULD FIND IT IF I WAS REALLY MOTIVATED, SO IT WAS MUCH EASIER FOR YOU TO FIND IT FOR ME. THANK YOU, BRIAN. , YOU'RE, YOU'RE NOT THAT DIFFERENT THAN MY DAD. WELL, HE JUST ASKED ME QUESTIONS AND I'M LIKE, WELL, LET ME GOOGLE THAT FOR YOU. SO BLAKE. OKAY, UH, Q IS CLEAR. ALRIGHT. ALL RIGHT. SO, UH, AS NOTED HERE, UH, WHAT I'VE, WHAT I'M KIND OF SHOWING IS A COMPARISON BETWEEN THE, THE DAY AHEAD AND REAL TIME HUB AVERAGE AND ANCILLARY SERVICE PRICES. SO AS YOU CAN SEE, THE DAY AHEAD MARKET PRICES WERE, WERE ELEVATED IN THE 25TH AND CERTAINLY IN THE, IN THE 26TH, PARTICULARLY IN THE MORNING. UH, BUT LESS SO WHEN IT CAME TO THE REAL TIME MARKET. THERE WERE SOME ELEVATED PRICES IN THE EVENING OF SUNDAY THE 25TH, BUT, UM, I GUESS LESS PRONOUNCED THAN THEY WERE IN THE DAY MARKET. CERTAINLY SOMETHING OF NOTE IS THE CHANGE IN FUEL COSTS COMING INTO THE COLD WEATHER SNAP. SO, UM, NATURAL GAS PRICES ARE OBVIOUSLY VERY CORRELATED WITH ENERGY COSTS AND, UH, THEY WERE, UH, UH, GOING TO BE A SIGNIFICANT CONTRIBUTOR TO, TO HIGHER OVERALL PRICES. JUST NOTING HERE THAT THE FUEL INDEX PRICE INCREASED MORE THAN 700% FROM JANUARY 20TH TO 21ST, UH, 24TH RATHER, UM, FOLLOWED BY A SUBSEQUENT DECREASE AFTER THE EVENT. SO FUEL COSTS DEFINITELY, UH, PLAY A ROLE THERE AS WELL. OH YES, JUST FROM A NATURAL GAS PERSPECTIVE. AND GIVEN THE INCREASED, UM, THE INCREASED, UH, UH, UH, EXPORT OF LNG AND THOSE KINDS OF PRICES FOR NATURAL GAS IN THIS REGION, UH, FROM ERCOT PERSPECTIVE, WAS THERE ANY, UM, IMPACTS SEEN FROM EITHER A LOAD, YOU KNOW, A REDUCED LOAD AS SOME OF THAT GAS MAY HAVE COME BACK INTO THIS, INTO THE MARKET TO PUT INTO POWER PLANTS? UH, WAS THERE ANY INTERACTION, WAS ANY INTERACTIONS WITH THE LNG COMPRESSION NOTICEABLE DURING THIS THIS EVENT IS THE QUESTION I'M TRYING TO SPIT OUT. YEAH, SO THAT MIGHT BE ONE I HAVE TO TAKE BACK, BETH, BUT I'LL, I'LL CERTAINLY TRACK DOWN AN ANSWER IF WE CAN FIND ANYTHING RELATED TO THAT MIGHT HAVE BEEN NOTICEABLE AND THAT'S OKAY TOO. ALRIGHT, SO, UH, THIS IS THE SLIDE KAITLYN I HAD, UH, ALLUDED TO BEFORE. SO YOU CAN SEE THAT, UM, THERE WERE PERIODS OF TIME WHERE, UH, PARTICULARLY WHEN IT COMES TO NONS SPIN, BUT ALSO FOR ECRS, AT LEAST IN THE DAY AHEAD MARKET, THAT, UM, ENERGY BEING PRIORITIZED OVER ANCILLARY SERVICES, UH, THE NONS SPIN FELL SHORT OF THE AS PLAN, UM, ESPECIALLY DURING THE MORNING AND EVENING RAMP PERIODS. UM, AND I THINK THE LARGEST SHORTAGE WAS DURING THE JANUARY 26TH MORNING RAMP. AND THAT'S WHERE THE, THE 72% OF THE REQUIRED AMOUNT THAT THE, THE DEGREE OF SHORTAGE AND ECRS SHOWED A GAP OF I THINK 54%. THERE WERE SOME, UH, REG UP AND RRS SHORTFALLS, BUT THEY WERE SMALLER. ALRIGHT? AND SO WHEN WE LOOK, UH, INTO REAL TIME, UM, THERE WERE SOME SHORTAGES IN, IN THE REAL TIME MARKET AS WELL. UH, ANCILLARY SERVICE SHORTAGES, I SHOULD SAY. UM, PRIMARILY NONS SPIN. THEY OBSERVE DURING THE, THE MORNING AND EVENING GRANT PERIODS THROUGHOUT MOST OF THE COLD WEATHER EVENT. AND THE MOST SIGNIFICANT [03:45:01] SHORTAGE WAS, UH, 45%, UH, IN HOUR ENDING EIGHT AND A SMALLER AMOUNT, UH, 3.36% IN HOUR ENDING EIGHT. SO HOUR ENDING EIGHT WAS SORT OF THE TIGHTEST PERIOD FROM THE PERSPECTIVE OF THE REAL TIME MARKET. UM, THIS IS JUST A COMPARISON OF DAY AHEAD AND REAL TIME CONGESTION RENT TOTALS. SO PROBABLY NOT SURPRISING THAT THE, UH, WE SAW A HIGHER, UH, DAY AHEAD CONGESTION RENT THAN WE DID REAL TIME. UH, BUT, UH, A LOT OF THAT DRIVER, AS YOU CAN SEE, THE, THE, THE SORT OF PURPLE AMOUNT IS DRIVEN BY CONGESTION IN THE SOUTH. SO SAN ANTONIO AREA TRANSMISSION CONSTRAINTS DROVE A LOT OF THOSE DAY AHEAD MARKET CONGESTION COSTS. AND AS NOTED PREVIOUSLY, REAL-TIME MARKET CONGESTION COSTS PEAKED ON THE 25TH WITH 65 MILLION IN CONGESTION RENT. ALRIGHT. UM, THIS SLIDE IS BASICALLY A WAY OF ILLUSTRATING HOW STORAGE, UH, BEHAVIOR, UH, OR THEIR PARTICIPATION IN THE MARKET OVER PERIODS OF TIME. UM, MAY TAKE A LITTLE BIT OF EXPLANATION HERE, BUT THE, THE, THE BLUE, THE BLUE BARS ARE THE AMOUNT OF ESR CAPACITY OFFERED BELOW $1,900 PER MEGAWATT OR PER MEGAWATT PER HOUR. AND THE ORANGE ARE, IS THE AMOUNT, UH, ABOVE. AND SO WHAT YOU CAN SEE IS THAT AS WE ARE GOING INTO THE, THE MORNING PEAK IN, ON THE 26TH IN PARTICULAR, THERE'S THE KIND OF A FLIP. SO THE, THE, THE HIGHER PRICED CAPACITY IS NOW OFFERED AT, AT A MORE COMPETITIVE COST ON THE EXPECTATION THAT THIS IS GOING TO BE A GOOD TIME TO USE IT. SO, UM, THAT IS MAYBE A REALLY ROUNDABOUT WAY OF SAYING STORAGE DID EXACTLY WHAT IT WAS SUPPOSED TO DO, AND SO IT PERFORMED VERY WELL AND MET THE DEMANDS OF THE, UH, OF THE HOUR, UH, OVER THIS PERIOD OF TIME. UM, SO THIS IS KIND OF HIGHLIGHTING THE, THE, THE RUCK ACTIVITY THAT I ALLUDED TO BEFORE. I THINK GENERALLY SPEAKING, UH, AND AS WE'LL BE OBSERVED IN THE REPORTS THAT WE PROVIDE ON A MONTHLY BASIS, RUCK ACTIVITY IS, IS, IS DOWN OVERALL, BUT, UM, THERE ARE EXCEPTIONS TO THAT RULE. AND THERE WAS SOME CONCENTRATED AMOUNTS OF, OF UNIT COMMITMENT THAT HAPPENED DURING THIS, UH, DURING STORM FERN. UM, IT WAS CONCENTRATED IN MANUAL ACTIONS MOSTLY TO MANAGE THAT, UH, CONGESTION IN SOUTH TEXAS. UM, AND JUST A NOTE HERE THAT THE, THAT THE MAXIMUM COMMITTED BY VDI AND A TRUCK WAS, UH, 1,578 MEGAWATTS AN HOUR ENDING 22 ON JANUARY 25TH. AND ANOTHER SOMETHING OF NOTE HERE IS THAT 90, 90% OF EFFECTIVE RESOURCE HOURS, UM, MANUALLY COMMITTED WERE NOMINALLY FOR CONGESTION ON THE SOUTH TEXAS EXPORT IOL. SO WE NEEDED ALL OF THAT AND BRO, AND THE LIFECYCLE UNITS YES. TO EFFECTIVELY MANAGE. OKAY. AND SO A NOTE HERE THAT, UH, WE DID HAVE A DEPLOYMENT OF FIRM FUEL SUPPLY SERVICE. UM, THEY WERE DEPLOYED PROVIDING 440 MEGAWATTS FROM, FROM THRIVE RESOURCES. UM, JUST A COUPLE OF STATISTICS HERE. UH, WE'VE GOT THE, THE HSL, THE OBLIGATION AND THE BASE POINTS. THE MAXIMUM AGGREGATE BASE POINTS WERE 681 MEGAWATTS. NAN, DO YOU HAVE A QUESTION HERE? I DID. IT WAS, UH, I THINK BETH, YOU, YOU KIND OF ASKED IT ON SLIDE NINE. UM, RYAN, I WAS GONNA ASK, IS THIS INCLUSIVE OF THE RMR AND LIFECYCLE COMMITMENTS? THAT'S CORRECT. OKAY. SO THIS, THOSE ARE INCLUDED IN THE TOTALS HERE. NOT IN ADDITION. THEY, THEY'RE INCLUDED IN THIS, SORRY, SORRY IF I, UH, UH, CONFUSED THE ISSUE. YES, THEY'RE INCLUDED IN THIS. GOTCHA. OKAY. THANK YOU. THANK YOU. AND, UH, ONE MORE FROM SHAMS HERE. UH, DID, UH, A LOT OF THESE R UNITS, DID THEY OPT OUT? YOU CAN'T TELL FROM THE GROUND. DID THEY OPT OUT OF THE R UH, I'D HAVE TO GO BACK AND CONSULT WHAT THE RULES ARE FOR RMR UNITS, BUT I THINK THEY, UM, NO, NOT FOR THE RMR UNITS, BUT FOR THE ROCK UNITS, YEAH, WE, WE WOULD, WE WOULD PUBLISH THAT AS PART OF THE, THE SUMMARY STATISTICS, BUT I DON'T HAVE THAT INFORMATION ON HAND. OKAY. OKAY. THANKS. KEVIN HANSEN? YEAH, KEVIN HANSEN. AND JE, DO WE KNOW THE OPERATION OF THE [03:50:01] APPROVED LARGE LOADS THAT WERE ONLINE DURING THE EVENT, THE OPERATION OF THE LARGE, THAT APPROVED LARGE LOAD? YEAH, SO WHEN USUALLY WE HAD THE MONTHLY REPORT, IT SAYS, HERE'S WHAT'S APPROVED, HERE'S CURRENTLY WHAT WE KNOW IS ONLINE. DO WE KNOW HOW THEY ACT, HOW THEY BEHAVE DURING THE EVENTS? OH, I SEE. THE, THE PERFORMANCE OF LARGE LOADS. YEAH, I THINK THAT'S PROBABLY GOING TO BE COVERED IN A, IN A SUBSEQUENT REPORT, BUT I THINK COLLOQUIAL, I'VE HEARD THAT THEY, THEY, THEY DID REDUCE THEIR CONSUMPTION TO SOME EXTENT. YEAH. WE, WE DIDN'T HAVE A, A SLIDE ON THAT PARTICULAR NOTE, BUT YES, THE LARGE LOADS, WHETHER IT'S THE CRYPTO, NOT ME. OH, IT SOUNDS LIKE IT'S NOT ME. UH, IT'S ME THIS TIME. YES. YEAH, THERE YOU GO. UH, THE, UH, THE CRYPTO OBVIOUSLY, UH, I KNOW DAN AND HIS PRESENTATION INDICATED THAT THERE WAS A LOT OF, UH, LOT OF MOVEMENT ON THE CRYPTO AND THEN THE, UM, OTHER LARGE LOADS, THERE WERE SOME THAT DID COME OFF AS WELL. THANKS. THANK YOU. OKAY, Q'S CLEAR. WELL, LET'S SEE. ACTUALLY, ANOTHER QUESTION FROM SHAS. YEAH. UM, SO RYAN, DO YOU THINK WE'RE GONNA DO A DEEP DIVE ON THIS ON THESE DAYS, ESPECIALLY RELATED TO ROCK, BECAUSE, UM, YOU KNOW, UM, ONE OF THE THINGS THAT HAPPENED BECAUSE OF THESE ROCKS IS THE RDPA ADDER, ESPECIALLY ON THE 28TH, ACTUALLY. UH, AND I HAD A QUESTION ON THAT ON THE 28TH, IN THE MORNING OF THE 28TH, WHY DID ERCO DECIDE TO ROCK WHEN IT SEEMED LIKE THE SOLAR WAS COMING UP? UM, AND THAT RESULTED IN A VERY LARGE RDPA ADDER OR CLOSE TO $300. SO, UM, SO THE EVENT WAS OVER AND STILL OR GOT UP LIKE 1200 MEGAWATTS, WHICH REALLY SUPPRESSED THE MORNING RAMP, YOU KNOW, PRICE. UM, THAT, AND I WAS WONDERING IF WE CAN DO A DEEP DIVE ON THAT. SO, SO SHAMS WHAT I WILL SAY, AND SORRY TO INTERRUPT, BUT WE HAVE, AS A MATTER OF COURSE, UM, EVERY RUCK FROM EVERY MONTH IS, IS A, IS AN AGENDA ITEM AT, AT WMWG. SO THAT'S USUALLY WHERE WE DO A, THE DEEP DIVE THAT YOU MENTIONED, UH, ON ANY AND ALL, UH, R COMMITMENT ACTIVITY THAT, THAT HAPPENED DURING THAT TIME. SO I, UH, I THINK THE NEXT MEETING IS IN MARCH, SO I WOULD SAY HOLD THE, THE SPECIFIC QUESTIONS AROUND RUCK SETTLEMENT FOR THAT. UM, AND WE'RE HAPPY TO ENGAGE AT THAT POINT. IF I MAY FOLLOW UP ON THAT POINT, JUST TO SAY THAT WAS THE STATE OF CHARGE ISSUE ON THAT DAY, SPECIFICALLY ON THE 28TH. OKAY. UM, GIVEN THE RAMP AND THE STATE OF CHARGE, THOSE RUCKS WERE MADE AS A RESULT OF THAT ISSUE. YEAH, IF WE, I MEAN, I WAS THINKING THAT MAYBE YOU MIGHT DO A DEEP DIVE JUST ON THE WINTER STORM. THAT'S WHY I WAS THINKING INCLUDE THE 28TH AND THE 29TH, BECAUSE THOSE DAYS, THE ROCK ACTIVITIES AND, UH, AND STUFF WERE, UM, WE HAD A LOT OF QUESTION AROUND THAT, SO IT'D BE GOOD TO DO A DEEP DIVE ON THAT. BUT YOU'RE SAYING WE LOOK AT ALL THE DAYS, SO THAT'S GOOD. UH, THE OTHER THING IS, YOU KNOW, SO THE RDP ADDED, LIKE ON THE 28TH, IT WAS LIKE $300. UM, SO WERE THERE A LOT OF MARGINAL UNITS THAT WERE BEING DISPATCHED, UM, AT THEIR OFFER CURB, BUT THEY HAD ROOM AND YET THE PRICE WAS $300 HIGHER THAN WHAT THEY WERE, UH, DISPATCHED AT. SO THERE WAS A LOT OF, UM, SORT OF A MISMATCH IN THE PRICE SIGNAL VERSUS WHERE THEY WERE DISPATCHED. OKAY. GOT THAT NOTED. NED. UM, KIND OF TYING TOGETHER, UH, SEAN'S INTEREST IN DOING A DEEP DIVE ON, ON RUX. AND MY, MY PRIOR QUESTION, RYAN, WE WOULD ALSO BE INTERESTED IN INCLUDING IN THAT, AND I PRESUME THIS WILL BE A, A BIT WMWG AS WELL AS A DEEP DIVE ON THE RMR UNIT. UM, YOU KNOW, HOW THOSE, HOW THOSE CAME IN, HOW THOSE WERE OFFERED IN, UM, HOW THEIR ANCILLARY SERVICE OFFERS WENT IN AND, UM, YOU KNOW, IF THEY WERE MITIGATED, HOW THEY WERE MITIGATED. YES. UH, YEAH, VERY, VERY GOOD POINTS. OBVIOUSLY THIS IS, UH, AN INTERESTING OBSERVATION. SO, UM, CERTAINLY HAPPY TO, TO HAVE THAT DISCUSSION. WE'VE GOT THAT INFORMATION READY. THANK YOU, CAITLIN. THANKS. UH, CAITLIN SMITH FOR JUPITER POWER. UH, RYAN, YOU KNOW, THE, THE SLIDE ON ESRS WAS REALLY NICE. UM, SO I'M SORT OF HESITANT TO, TO BRING THINGS UP, BUT WE ARE JUST NOTICING SOME OF THE SAME THINGS. THE, THE IMM NOTICE AND THAT YOU POINT OUT IN YOUR FIRST TWO SLIDES TOO, YOU KNOW, THE, THE DISCONNECT BETWEEN DAY HEAD PRICES AND REAL TIME PRICES, AND THEN THE, THE HIGH NONS SPIND PRICES AND THE NONS SPIND SHORTAGES. UM, YOU KNOW, AS YOU NOTED FIRST EVENT AFTER RTC, UH, THERE'S A $2,000 INSTEAD OF $5,000 OFFER CAP IN REAL TIME. [03:55:01] I THINK THAT'S SOMETHING WE'D LIKE TO RE REVISIT. I THINK I HEARD REKA SAY THAT THE PUC DOES A, A EVALUATION OF OFFER CAPS EVERY FIVE YEARS NOW. SO I, I THINK THAT'S SOMETHING WE'D LIKE TO TALK ABOUT. UM, SPECIFIC TO ESRS, YOU KNOW, THE LOWER DAY AHEAD ENERGY CAP INTRODUCES MORE RISK, UM, BECAUSE WE HAVE TO MANAGE OUR SOC, RIGHT? WE CAN'T GO OFFLINE. AND SO TO, TO BE AVAILABLE AND KNOW THAT WE'RE NOT GONNA BE, BE KIND OF DEPLOYED AND DEPLETED EARLIER IS A LITTLE BIT MORE DIFFICULT FOR US WITH THE, THE LOWER REAL TIME OFFER CAP COM COMPARED TO A DAY AHEAD TO OFFER CAP. UM, AND THEN, YOU KNOW, AGAIN, THE, THE NONS SPIND PRICES AND SHORTAGES, UM, WE'VE, WE'VE BEEN VERY VOCALLY OPPOSED TO THE, THE FOUR HOUR SOC THRESHOLD FOR NONS SPIND. AND, AND WE'D LIKE TO REVISIT THAT AS WELL. IF I JUST MAY MAKE A COMMENT ON THOSE NON, YOU WOULD, IT'S BEEN SHORTAGES. WE, WE HAVE TO THINK IN AN RTC WORLD, THIS MEANS SOMETHING A LITTLE BIT DIFFERENT. THIS IS MOVEMENT ALONG A CURVE. MM-HMM . RIGHT? AND SO A, AN INSTANCE OF A SHORTAGE COULD BE A MEGAWATT OR A FRACTION OF A MEGAWATT. AND SO I DON'T SEE THAT AS A PROBLEM. I SEE THAT AS THE RTC WORKING AS RTC WAS INTENDED TO WORKING DURING A PERIOD OF, YOU KNOW, TIGHTNESS, YOU KNOW, SYSTEM TIGHTNESS. AND SO I, I THINK WE NEED TO LOOK AT IT THROUGH THAT LENS AS WELL, NOT JUST THAT, OH, THERE, THERE'S A BIG PROBLEM. IT'S NO, THIS IS, THIS IS ACTUALLY EXACTLY WORKING THE WAY YOU WOULD INTEND. AND YOU KNOW, WHAT WE, WE DIDN'T SHOW IS NECESSARILY THAT MAGNITUDE OF, OF WHAT SOME OF THOSE, YOU KNOW, INSTANCES WOULD BE. BUT IT'S, IT'S DEFINITELY MOVEMENT ALONG THE CURVE. AND WHEN YOU LOOK AT THE LEVEL OF THE PRICING THAT YOU SAW, WE WOULD 100% EXPECT TO SEE A, A LOT OF THAT MOVEMENT. SO I, I SEE THAT AS, AS A REAL, YOU KNOW, WIN FOR RTC AND, AND A SUCCESS. AND ONE OF THE THINGS WE'RE HOPING TO DO IS, IS BE ABLE TO SORT OF QUANTIFY SOME OF THOSE BENEFITS THAT WE SAW WITH RTC. SO, UH, AGAIN, I DON'T, I DON'T SEE THAT AS NECESSARILY A, A, A SHORTAGE AS A PROBLEM. IT'S JUST MOVEMENT ALONG THE CURVE. THANKS. I, I THINK THAT'S FAIR. AND I THINK, YOU KNOW, GOING BACK TO MY FIRST QUESTIONS TO RYAN, I THINK IT'S JUST SOMETHING WE'D LIKE TO CONTINUE TO SEE MORE INFORMATION ABOUT. YOU KNOW, IT'S NOT JUST THE SOC RULES, IT'S SORT OF, WE'RE NOT QUOTE UNQUOTE DEPLOYED ANYMORE. EV EVERYTHING'S SORT OF DIFFERENT. AND SO I SUSPECT THERMAL PARTICIPATION IN NON SPEND IS LOWER TOO. SO I THINK IT WOULD JUST BE GOOD TO GET MORE INFORM INFORMATION ABOUT THAT AND HOW MUCH A SHORTAGE IS AND, AND ALL OF THAT. AND I WOULDN'T ASSUME THAT ACTUALLY, I THINK THERMAL PARTICIPATION AND NONS SPIND DURING THE EVENT WAS ACTUALLY PRETTY GOOD. UM, OKAY. DURING THAT PERIOD. SO I, I THINK IT ALL COMES DOWN TO, YOU KNOW, WHERE YOU ARE ON THE CURVE, THE AMOUNT OF RESOURCES AND MOVEMENT ALONG THAT IS, IS A GOOD THING. BUT I THINK WHAT I'M HEARING OUT OUT OF THIS DISCUSSION IS THERE'S STILL SOME OF THAT EDUCATION OF, HEY, WE HAD THIS EVENT, HOW CAN WE EXPLAIN HOW WE CAN SHOW THAT RTC IS, IS WORKING ALONG THE LINES AND WHAT THAT MEANS. SO I I THINK WE CAN HELP WITH THAT FOR SURE. SO TO BE CLEAR, TO MY THERMAL FRIENDS, THAT WAS NOT A CRITICISM, THAT WAS JUST A, I THINK THEIR ABILITY TO PARTICIPATE RELATIVE TO THE WAY THEY COULD BEFORE RTC IS, IS DIFFERENT AS WELL AS IT IS FOR ESRS. AND THAT'S SOMETHING WE SHOULD LOOK AT IN THE DATA. BETH, I WANNA PILE INTO THIS CONVERSATION AS WELL AND, AND SPECIFICALLY WHAT KEITH WAS TALKING ABOUT IN TERMS OF, YOU KNOW, THE MO I LOOK AT IT AS, OH, WE ACTUALLY USED SOME OF OUR RESERVES AT A TIME WHERE WE HAD THE HIGHEST LOADS AND, YOU KNOW, HIGHEST CONCERN, WELL, I'M GLAD, YOU KNOW, WE BUY IT TO USE IT. AND I WAS, I'M HAPPY TO SEE SOME OF THAT. NOW WE'RE SAYING THAT IN THIS ROOM AND, AND YOU KNOW, DAD WON'T FIT IN. HIS OPERATORS ARE ALL CRINGING AS I SAY THAT. BUT IT, THAT'S WHY WE BUY THESE RESERVES IS TO ACTUALLY USE THEM AT TIMES WHEN, WHEN, UH, THE SYSTEM IS UNDER STRESS. SO I WOULD'VE BEEN, AS SOMEBODY, YOU KNOW, I WOULD'VE BEEN MORE DISAPPOINTED TO SEE NO SHORTAGES DURING THIS TIME. 'CAUSE THAT WOULD'VE TOLD ME WE, WE GOT WAY TOO MANY RESERVES IF THIS WASN'T A TIME THAT WE ACTUALLY CONSUMED SOME OF THEM NED, UH, JUST KIND OF TYING TOGETHER AND I COULDN'T RESIST. RIGHT. KEITH, I, I, I AGREE WITH YOUR CHARACTERIZATION THAT WITH THE SHIFT TO REAL TIME CO OPTIMIZATION RESERVES MEAN SOMETHING DIFFERENT. AND I THINK BETH, THAT'S WHAT YOU'RE GETTING AT AS WELL. UM, YOU KNOW, REALTIME CO OPTIMIZATION IS, IT IS DESIGNED TO BE ABLE TO RUN CLOSER TO THE EDGE THAN THE PRE REALTIME CO-OP OPTIMIZATION SYSTEM WAS. AND I THINK ONE OF THE THINGS THAT WE SEE IS THAT, UM, THE, YOU KNOW, WHEN YOU GET CLOSER TO THE EDGE, THE, THE PRICING OUTCOMES TEND TO BE NOT AS, UH, THEY DON'T SEND QUITE THE SAME SIGNAL. SO ANOTHER THING THAT I THINK WE SHOULD BE THINKING ABOUT AND LOOKING AT IS HOW DID THE FORWARD MARKETS RESPOND AFTER THIS? [04:00:01] AND WHAT, WHAT, WHAT WERE EXPECTATIONS? WHAT KIND OF EXPECTATIONS WERE SET GOING FORWARD FROM THIS KIND OF EVENT? AND IS THAT THE KIND OF SIGNAL THAT WE WANT TO BE SENDING INTO THE FUTURE? UM, JUST TO ADD, ADD ANOTHER DIMENSION TO THE, TO THE, TO THAT DYNAMIC. IF, IF I MAY JUST HAVE A QUICK FOLLOW UP FOR NED. ARE YOU, I THINK ONE OF THE THINGS THAT, AND AND AGAIN, I THINK IT WAS SOMETHING CAITLYN ALLUDED TO AND IS, AND IS SHOWN IN THE CHARTS, IS THERE WAS DEFINITELY A DISCONNECT BETWEEN DAN IN REAL TIME AND THERE WAS A LOT OF INFORMATION THAT, THAT DAN PRESENTED ON THE REASONS FOR WHY SOME OF THOSE DIFFERENCE MAY BE. SO, I MEAN, THAT CAN DEFINITELY AFFECT YOUR, YOUR IDEA OF, WELL, WHAT'S THE FORWARDS GONNA DO? WELL, IT, IT KIND OF DEPENDS A LOT ON THAT INFORMATION AS WELL. AND I'M NOT, NOT GOING TO, UM, SUGGEST THAT WE CAN ACTUALLY ATTRIBUTE ALL, YOU KNOW, THAT'S A WISDOM OF THE CROWD'S DYNAMIC AND THERE ARE A LOT OF DIFFERENT FACTORS THAT CONTRIBUTED TO THE DAY AHEAD, REALTIME DIFFERENCE, INCLUDING THE FACT THAT WEATHER WAS DIFFERENT AND, YOU KNOW, IT WAS, UM, A LOT OF STUFF WAS CLOSED ON THAT MONDAY. ALL THOSE THINGS THAT WE'VE, WE'VE TALKED ABOUT. SO FORECAST DIFFERENCE IS A, IS A BIG ONE. UM, FOR THE DAY AHEAD TO REALTIME PIECE, IT'S REALLY HOW, YOU KNOW, HOW ARE FORWARD MARKETS RESPONDING TO REALTIME CO OPTIMIZATION IS SOMETHING TO, TO KEEP A, KEEP A THUMB ON AND, AND, YOU KNOW, BE TAKING THE PULSE AS WE, UH, WE MOVE FORWARD AND ENROLL INTO THE, THE, THE RELIABILITY STANDARD ASSESSMENT AS WELL. KEVIN? YEAH. UM, ERCOT HAS ALL THAT 15 MINUTE DATA AVAILABLE, UM, AT THEIR FINGERTIPS OR, YOU KNOW, LOOK AT IT AND SEE THESE IMPACTS. LIKE, FOR INSTANCE, WE'RE TALKING ABOUT THE SCHOOL SHUTTING DOWN AND WHETHER OR NOT THAT INFORMATION SHOULD BE INCLUDED IN THE FORECAST OR UPDATED FORECAST BASED ON HISTORICAL EXAMPLES. I JUST, IS THIS SOMETHING WE CAN CONSIDER IN THE FUTURE? I, I DO KNOW THAT, THAT OUR LOAD FORECASTING TEAM IS, IS THINKING ABOUT THIS EVENT AND, AND SORT OF STUDYING IT AND, AND HOW THEY CAN DO IT. I, I CAN'T SPEAK TO HOW THEY MAY BE USING PARTICULAR 15 MINUTE DATA ON THAT, BUT IT CAN BE REALLY HARD WHEN YOU HAVE EACH EVENT BEING VERY UNIQUE AND DIFFERENT, WHETHER IT'S A WEEKEND, A WEEKDAY, A SCHOOL DAY, AND, AND SO, UM, I, I THINK WE'RE GONNA LEARN AS MUCH AS WE CAN FROM THIS EVENT AND APPLY THAT GOING FORWARD. THANKS. BYE. THANK YOU. FAYE, UH, FROM AUSTIN ENERGY. UM, I WANTED TO UNDERSTAND, UH, WHY DO WE CHOOSE 1900 AS A CUTOFF POINT ON THIS, UM, PRESENTED CHART? UM, AND WONDER IF IT'S POSSIBLE TO SEE FURTHER BREAKDOWN OF THE, UM, OFFERS BELOW 1900, UM, IN SMALLER BUCKET? UM, PART OF THE REASON FOR THAT IS OVER THE EVENT, UH, IT APPEARS THAT THE MAXIMUM NET DISCHARGE FROM, UH, BATTERY IS ONLY AROUND 7,000, WHICH IS FAR FROM THE MAXIMUM, UH, NOT DISCHARGED. WE HAVE OBSERVED, UH, SO FAR. SO I WAS, UH, TRYING TO FIND OUT, UH, IF THE, UH, THE LOWER THAN LOWER THAN EXPECTED NET DISCHARGE, UH, CAN BE ATTRIBUTED TO, UH, THE OFFERS BY, UH, BATTERY STORAGE. WERE YOU ABLE TO GET ENOUGH OF THAT, RYAN? I, I THINK SO. I MEAN, WE CAN PROBABLY BREAK IT DOWN A LITTLE BIT MORE. I THINK THE REASON FOR HAVING THE, THE 1900 AND ABOVE WAS REALLY JUST TO, TO, TO ACCOUNT FOR THE FACT THAT AS, AS HAS BEEN MENTIONED HERE BEFORE, THERE IS NO, THERE IS NO OUT FOR AN ENERGY STORAGE RESOURCE, THEY HAVE TO MANAGE THEIR, UM, THEIR STATE OF CHARGE THROUGH OFFERS AMONG OTHER THINGS. AND SO WHAT WE GENERALLY SEE IN AGGREGATE IS, IS THAT THEY, THEY DO JUST THAT. AND SO THE, THE POINT OF THIS SLIDE WAS NOT NECESSARILY TO GO INTO DETAIL AROUND HOW AN INDIVIDUAL ESR OFFERED THEIR ENERGY, BUT MORE TO NOTE THE FACT THAT THE TREND IS THAT AS YOU WERE GETTING INTO THE, UH, YOU KNOW, LET'S SAY THE, THE, THE MORNING RAMP ON THE, THE MORNING OF THE 26TH, ALL OF A SUDDEN YOU SEE A CHANGE FROM CAPACITY OFFERED AT THAT WHILE I'M, I'M WAITING AND NOW I'M GOING TO BRING THAT AND MAKE THAT AVAILABLE TO THE MARKET. BUT THE OUTCOMES ARE STILL A FUNCTION OF, OF ECONOMIC DISPATCH. IAN, SORRY. YOU TRYING TO GET ON THIS ONE? THANKS. TWO THINGS. UM, FIRST, RYAN, WITH DAVE LEAVING, I'M HOPING YOU GET LESS OF THE PUNCHING BAG ITEMS THAT YOU'VE BEEN RECEIVING FOR THE PAST YEAR OR SO. SO HOPEFULLY YOU'LL BE BRINGING MORE FUN THINGS LIKE DAVE GOT TO BRING TO US . UM, YEAH. AND THEN SECOND, UH, THE LOAD FORECAST QUESTION HAS BROUGHT UP A, A THOUGHT I HAD BACK, AND I APOLOGIZE, I NEVER, UM, THOUGHT TO BRING THIS UP TO YOU PREVIOUSLY. IT'D BE GREAT TO SEE [04:05:01] THE OTHER LOAD FORECAST THAT ERCOT HAD THROUGH THE OTHER MODELS AND SEE IF ANY OF THOSE CONTEMPLATED, UM, A LOAD SHAPE OR PATTERNS, ET CETERA, UM, THAT WERE MORE IN LINE. I DON'T EXPECT THEM TO, WITH THE, THE BUSINESSES WE SAW NOT OPEN ON MONDAY, BUT IT'D STILL BE GREAT TO SEE IF WE SEE ANY PATTERNS OR ANYTHING THAT WE CAN LEARN FROM. ABSOLUTELY. THANK YOU CAITLYN. YEAH, RYAN. RYAN. GOT IT. BUT I WAS JUST GONNA SORT OF CLARIFY THE, THE SIGNIFICANCE OF THE 1900 RIGHT, IS BA BATTERIES ARE GOING TO OFFER AT THE CAP IF THEY WANT OR NEED TO PRESERVE THEIR STATE OF CHARGE. AND THEN WHEN YOU'RE, YOU'RE READY TO BE THERE FOR ERCOT, YOU MAY LOWER IT. SO THAT'S SORT OF THE, THE SIGNIFICANCE. AND I WAS KIND OF POINTING TO, UM, YOU KNOW, HAVING THE $2,000 CAP IN, IN REAL TIME WHEN THERE'S A, A HIGHER DAY AHEAD CAP AND WHEN REAL TIME PRICES MAY GO MUCH HIGHER IS, IS A LITTLE BIT DIFFICULT. UM, I THINK WITH THE LIMITED DATA SET SO FAR FOR AN ESR ADVANTAGE, 'CAUSE ALL YOU CAN REALLY DO IS, IS PUT YOUR OFFERS AT THE CAP AND MAYBE PUT YOUR ANCILLARY SERVICE OFFERS AT ZERO AND, AND, AND HOPE YOU'RE ABLE TO PRESERVE THE STATE OF CHARGE. OKAY. AND Q IS EMPTY. ARE YOU CLOSE TO THE END, RYAN, OF YOUR MATERIAL? I BELIEVE I AM. OKAY. IN FACT, UH, I AM ACTUALLY. SO MAYBE JUST TO CONCLUDE THINGS, UH, UH, SO THROUGHOUT THE STORM, AS KIND OF BEEN MENTIONED BEFORE, UM, ENERGY AND ANCILLARY SERVICE PRICES REFLECTED EXPECTED IN ACTUAL SYSTEM CONDITIONS IN THE DAY AHEAD IN REAL TIME MARKETS. UH, WE DID OBSERVE THE HIGHER PRICES IN THE DAY AHEAD MARKET, UM, AND UH, SOME OF THE FACTORS THAT, UH, THAT CONTRIBUTED TO THAT. UM, BUT, UH, FROM OUR PERSPECTIVE, REAL TIME CO OPTIMIZATION DEMONSTRATED EXACTLY WHAT IT WAS SUPPOSED TO DO AND WE WERE ABLE TO RE-DISPATCH RESOURCES EFFICIENTLY AS SYSTEM CONDITIONS EVOLVED THROUGHOUT THE STORM. UH, JUST TO NOTE ON THE FIRM FUEL SUPPLY SERVICE, UM, WE DO OWE A REPORT TO TAC AND WE'LL PROVIDE FURTHER INFORMATION ON THE RESOURCE DEPLOY, UH, PERFORMANCE FOR ALL DEPLOYMENTS AS PART OF THAT AT THE END OF THE, THE OBLIGATION PERIOD. OKAY, THANK YOU. UM, LET'S TRY TO GIVE THE LAST QUESTION TO BLAKE HERE. WE ACTUALLY STILL HAVE TWO MORE PRESENTATIONS AFTER THIS AND THE COMBO BALLOT. UM, SO BLAKE, WHY DON'T YOU HELP HELP US WRAP UP THE DISCUSSION HERE. HAPPY TO DO SO. BLAKE HOLT, LCRA QUICKLY, JUST WANTED TO TOUCH ON THE DOE ORDER AND QUESTIONS I RECEIVED AFTER, UH, THE INITIAL MARKET NOTICE WE GOT ON THE 25TH. UH, IT WOULD BE NICE TO HAVE A CLEAR LINE OF SIGHT ON WHEN THE REQUEST WAS MADE AND ALSO WHEN IT'S GRANTED, THAT WOULD BE VERY HELPFUL FOR MARKET PARTICIPANTS TO KNOW. AND ALSO WITH THAT MARKET NOTICE ON THE 25TH, IT WAS UNCLEAR, UH, AS TO HOW THE REST OF THE MARKET WOULD BE NOTIFIED WHEN THOSE, UH, RESOURCES WOULD BE DEPLOYED. UH, IT KIND OF READ TO ME AS IF THAT WOULD BE A REQUEST TO THE CUSTOMERS AND NOT NECESSARILY SHARED. I THINK THAT'S USEFUL INFORMATION FOR US ALL TO KNOW. AND THEN ALSO WOULD BE NICE TO HAVE A CLEAR LINE OF SIGHT ON PRICE ADJUSTMENTS SHOULD THOSE BE DEPLOYED OR WHAT ARE THE PLANS SHOULD THIS HAVE TO BE USED AGAIN. UH, THAT'S REALLY IT, BUT OKAY. THANK YOU. UH, I'M HAPPY TO TAKE THAT BACK. THANKS, BLAKE. ALRIGHT. ALRIGHT, THANKS RYAN. THANK YOU. UM, NEXT WE ARE TO THE GRIT UPDATE WITH RASHANT. I WAS GONNA TURN. OKAY. HI EVERYONE. I'M PRASHANT ELL. I'M THE DIRECTOR FOR THE GRID TRANSFORMATION TEAM. UM, AND JUST FOR THE CONTEXT, UH, THIS IS THE SECOND PRESENTATION IN THE TECH MEETING. UM, WE HAVE PRESENTED, UH, PREVIOUSLY IN THE AUGUST MEETING. AND OVERALL, UM, UH, THE GRID FUNCTION IS A NEW FUNCTION. WE CALL IT GRID RESEARCH, INNOVATION AND TRANSFORMATION. UM, AND ESSENTIALLY THE IDEA IS, UM, UM, LIKE GIVEN THE AMOUNT OF CHANGES THAT ARE COMING IN THE GRID, BOTH PHYSICALLY, UM, WHICH WE ALL KNOW THE STORY ABOUT THAT AND, AND THE DATA CHANGES, UH, THAT ARE COMING IN THE GRID, THE IDEA IS TO, UM, BE PROACTIVE IN THINKING ABOUT WHAT PROBLEMS ARE COMING IN THE GRID AND, UH, START TO THINK ABOUT THE SOLUTIONS, UH, UPFRONT. UM, SO, UH, AND, AND THIS IS JUST A, JUST A PURPOSE, VISION AND MISSION STATEMENT, UH, FOR, FOR THIS TEAM. UH, AND THIS, THIS IS ALL TIED BACK TO THE ERCOT MISSION OF BEING MOST INNOVATIVE AND RELIABLE GRID. UM, [04:10:01] AND, UH, SO, SO THIS IS DONE WITHIN THE CONTEXT OF WHAT ERCOT IS TRYING TO DO. AND JUST TO GIVE YOU A VIEW OF, UH, HOW WE ARE THINKING ABOUT, YOU KNOW, COMING UP WITH NEW INITIATIVES AND, AND WHEN DO WE THINK IT'S DONE ENOUGH THAT WE CAN, YOU KNOW, GIVE THIS INITIATIVES BACK TO OUR BUSINESS TEAM. UM, SO LIKE, AS YOU KNOW, WE ARE TALKING TO A LOT OF MARKET PARTICIPANTS, UH, PUC VENDORS, UH, UNIVERSITIES, UM, ISOS AROUND THE WORLD. AND, UH, I MEAN THERE ARE A LOT OF IDEAS BEING SUGGESTED, UH, WHICH COMES TO DIFFERENT TEAMS. AND THE IDEA IS, UH, TO CENTRALIZE THAT IDEA INTAKE PROCESS, UH, WORKING THROUGH OUR DIFFERENT DIRECTORS, BUSINESS DIRECTORS, WHICH WE MEET EVERY TWO WEEKS, UH, AND THEN DIFFERENT SMES WITHIN THE COMPANY. UH, AND THEN ALSO HAVE A SIX MONTH, UH, EVERY SIX MONTH A LEADERSHIP MEETING WHERE WE DISTILL SOME OF THESE IDEAS, UM, AND, AND START SORT OF, YOU KNOW, UH, WORKING ON THIS THOUGHT PROCESS OF SOME OF THESE IDEAS THAT ARE PROBLEM STATEMENTS THAT, THAT WE'RE THINKING OF. DO WE KNOW THE PROBLEM ENOUGH OR NOT? AND IF THE DETERMINATION IS WE DON'T UNDERSTAND THE PROBLEM, UH, WE WOULD WRITE A WHITE PAPER ON IT FIRST, AND IF WE KNOW THAT WE UNDERSTAND THE PROBLEM ENOUGH, UM, BUT IT NEEDS A SOLUTION, UM, THEN WE WOULD DO A POC. AND BY SOLUTION I DON'T MEAN A MARKET SOLUTION, WHICH, YOU KNOW, WHICH HAS ITS OWN PROCESS. A TECHNICAL SOLUTION IN THIS CASE IS, IS WHAT WHAT I MEANT. UM, SO, AND ONCE YOU HAVE DONE BOTH OF THESE TWO, THOSE TWO THINGS, A PROBLEM STATEMENT THAT IS CLEAR, UH, AND A SOLUTION THAT THAT IS POSSIBLE, UH, WE CAN, UH, WHICH IS THE FIRST TWO BLOCKS THAT I'M SHOWING HERE, AND EACH HAS A DECISION POINT WHETHER WE GO FORWARD OR NOT. UH, OUR IDEA IS TO USE OUR EXISTING PROCESSES AS IS WHEN THAT, UH, PACKET OF, UH, PROBLEM STATEMENT AND SOLUTION IS DONE. SO, SO, AND THEN WE HAVE THIS EXISTING PROCESSES THAT WE HAVE AT ERCOT, UH, WHERE WE CAN, YOU KNOW, WORK THROUGH OUR, UM, THE THROUGH, YOU KNOW, FOLKS LIKE TROY AND, UH, AND, YOU KNOW, SAY, HEY, THIS IS WHAT, UM, THIS, UH, PROBLEM AND SOLUTION STATEMENT IS, AND IF THERE IS A BUSINESS USE CASE READY TO TAKE IT IN THAT MOVEMENT, UH, THAT THAT SOLUTION CAN MOVE FORWARD, UH, THROUGH THE STAKEHOLDER PROCESS. SO, AND FOR 2026, UH, WE ARE BUDGETING AROUND, UH, TWO POINT, UH, $2 MILLION FOR THIS WORK, UH, ACROSS, YOU KNOW, FUNDING DIFFERENT, UM, UH, CONSORTIUMS LIKE EPR AND, YOU KNOW, UNIVERSITY ENGAGEMENT AND DO SOME PILOTS. UM, SO I THINK THIS IS MOSTLY SO FAR ON THE PROCESS PART. I'LL EXPLAIN JUST TWO CASE STUDIES HERE AND BY, JUST TO GIVE A CONTEXT ON THE CASE STUDIES, UH, SINCE WE HAVE IDENTIFIED THE INITIATIVE, WE ARE TRYING TO PROGRESS THEM THROUGH THE WORK PLAN. AND, UH, IT'S, UH, AND THEN WE'LL JUST, YOU KNOW, GIVE YOU AN EXAMPLE OF WHY THESE TWO CASE STUDIES OR TWO USE CASES, UH, REALLY FELL INTO THE GRID INITIATIVE. AND THEN THERE ARE TOTAL 18 INITIATIVES THAT WE ARE TRACKING IN 2026, AND I'LL TALK ABOUT A QUICK, QUICK VIEW OF THAT, UH, SEPARATELY. UM, SO, SO ONE OF THE PROBLEM IS WE KNOW LIKE REACTIVE POWER OPTIMIZATION, UH, WILL INCREASINGLY BECOME CHALLENGING GOING FORWARD, UM, BECAUSE OF, YOU KNOW, THE NUMBER OF IBR WE HAVE, UH, THE LARGE LOAD THAT ARE COMING IN THE SYSTEM. SO WE ARE PROACTIVELY LOOKING FOR, UM, UH, SOLUTIONS THAT CAN ACTUALLY SOLVE REACTIVE POWER OPTIMIZATION MULTI R AHEAD. AND IT'S, IT'S A TOUGH OPTIMIZATION PROBLEM TO SOLVE. UM, SO IN, IN THIS CASE, THE PROBLEM STATEMENT IS KNOWN, BUT THE SOLUTIONS ARE NOT KNOWN. AND THERE ARE VENDORS OUT THERE WHO WOULD SAY THAT THEY CAN DO IT. UH, BUT WE, WE KNOW FOR A LONG TIME THAT WE HAVE, WE HAVE TRIED IN PAST TOO WHERE, UH, THE GETTING A TOOL THAT ACTUALLY WORKS, UH, AND SOLVE THIS REACTIVE OPTIMIZATION PROBLEM, LOOKING AHEAD IS A, IS A TOUGH PROBLEM TO SOLVE. SO, SO THAT'S WHY IT FELT IN THE GRID INITIATIVE, UH, SORT OF IN A BUCKET. UM, SO, AND THE IDEA IS, UH, WE STARTED TO BASICALLY DEFINE WHAT ARE THE REQUIREMENT IN 2024. UH, IN 2025, WE STARTED TO DO A PROOF OF CONCEPT, UH, BY WORKING, LIKE WORKING THROUGH A VENDOR. AND THEN THAT, THAT PROOF OF CONCEPT IS GETTING DONE, UH, RIGHT NOW. AND THEN THE IDEA IS TO NOW UNDERSTAND NOW THAT PROOF OF CONCEPT IS COMING TO CLOSE, IS IT READY ENOUGH THAT WE CAN TRANSITION INTO OUR BUSINESS PROCESS? THAT'S ANOTHER THING, ANOTHER LAYER THAT WE ARE LEARNING IS SOME OF THESE PROOF OF CONCEPTS MIGHT, UM, BE DONE, BUT THEN THE READINESS INTO MERGING INTO BUSINESS NEEDS ANOTHER LEVEL OF THINKING. SO, SO WE ARE DOING THAT RIGHT NOW. AND THEN IF IT IS, UH, READY TO LIKE GO INTO THE BUSINESS PROCESSES, WE'LL HAND IT OVER, UH, THROUGH THE PROCESSES, THROUGH TRI TEAM. AND, UM, SO, SO THAT'S WHAT IT IS. UM, SO THE NEXT ONE IS, UM, SURGICAL LOAD. SHE USING A MI METER. THE THOUGHT [04:15:01] PROCESS WAS, UM, WE KNOW LOAD, SHE IS A PAINFUL PROCESS. UH, IS THERE A, IS THE TECHNOLOGY OUT THERE TO DO, UM, UH, YOU KNOW, LOAD SHED USING A MI METERS, UH, AND JUST, UH, DO A SURVEY PAPER ON IT, UH, SEE WHAT'S POSSIBLE. AND, UM, UH, AND YOU KNOW, JUST TO EXPLAIN WHAT THIS TOPIC MEAN IS LIKE, I THINK, UH, LIKE WE DO A LOAD SHARE TODAY BASED ON, UM, LIKE DISTRIBUTION FEEDER LEVEL LOAD CHECK WHERE THERE COULD BE SOME CUSTOMERS WHO HAVE HIGH VALUE FOR THAT POWER. UM, SO THOSE ARE, UH, SHOWN IN THE DOLLAR SIGNS HERE. UM, UH, AND THEN, UM, AS YOU CAN SEE, SOME FEEDER MIGHT HAVE CRITICAL LOAD LIKE HOSPITAL, UH, BUT THEN ALSO SOME FEEDER THAT MIGHT HAVE DGS THAT MIGHT GET, YOU KNOW, BACKUP GENERATION BG IS WHAT IT IS SHOWN HERE, UH, OR A GENERATOR ON A FEEDER THAT MIGHT ALSO SHEDD, UM, IN THAT PROCESS. BUT THE IDEA IS, UH, TO SEE IF A MI TECHNOLOGY IS READY ENOUGH, UH, THAT WE CAN DO THIS IN WAVE THAT HAS A PICTURE ON THE RIGHT SIDE WHERE WE CAN BASICALLY, UH, ROTATE THROUGH THE LOAD SHED, UH, AT THE METER LEVEL. UM, AND, AND IN THAT PROCESS YOU MIGHT, YOU KNOW, NOT, UH, YOU MIGHT BASICALLY AVOID LOAD SHEDDING AT THE, AT THE RESIDENTIAL LEVEL, WHICH MIGHT HAVE A PERCEIVED HIGHER VALUE OF, UH, VALUE OF LOST LOAD AND ALSO USE A BACKUP GENERATION, FOR EXAMPLE, UH, AND NOT, NOT TRIP THOSE HOMES. AND, YOU KNOW, UH, SO, SO THAT, THAT MIGHT BE A MORE OPTIMAL AND LESS PAINFUL WAY OF DOING IT. AND FROM, FROM OUR PERSPECTIVE, UH, WE UNDERSTAND LIKE OUR COURT OBVIOUSLY DOESN'T HAVE THE JURISDICTION OVER DOING, UH, OR IMPLEMENTING A TECHNIQUE, BUT THE, OR, OR THE, OR THE METHOD OR, BUT THE IDEA WAS TO THINK FROM THE TECHNOLOGY PERSPECTIVE, LIKE, ESPECIALLY LIKE JUST TO, UH, GO THROUGH THIS ROADMAP IS, UH, AND THIS YEAR, LIKE START TO TALK DSPS AND SEE IF THERE IS A, A SURVEY PAPER THAT WE CAN DO, LIKE WHAT'S POSSIBLE AND THEN, AND, YOU KNOW, JUST HAND IT OVER TO THE REST OF THE PROCESS AND, AND, YOU KNOW, WORK THROUGH THE DSPC, WHAT'S POSSIBLE. UM, SO, SO THAT'S IDEA THERE. UM, THE NEXT THING IS ON THE, JUST TO EXPLAIN, YOU KNOW, THE OVERALL ROADMAP, UH, WHERE, WHERE, WHERE ARE WE RIGHT NOW IS, SO THE GRID PROGRAM ITSELF, I WOULD SAY THAT STARTED SOMEWHERE AROUND 2024 AS A THOUGHT PROCESS. AND THEN, UM, WE BASICALLY STARTED A DEDICATED TEAM, UM, UH, WITH, WITH ME JOINING, UH, BACK IN SEPTEMBER, UH, UH, 2020, UH, FOUR TIMEFRAME. AND THEN, UH, WE STARTED TO BASICALLY BUILD OUR, YOU KNOW, PUBLIC WEBSITE, WHICH WE LAUNCHED LAST YEAR, WHERE ALL THESE INITIATIVES ARE PUBLIC, AND WE PUT OUR WHITE, WHITE PAPERS, OUR ROADMAP, UM, EVERYTHING OUT THERE ON THE WEBSITE. UH, AND THE INNOVATION SEVEN ANNOUNCEMENT, LIKE IS ALL, ALL BELONGING ON THAT WEBSITE PAGE. SO THE IDEA IS, UH, THAT'S WHY YOU SEE THE ROADMAP STARTING 2020, UM, FIVE, FIVE HERE. SO, UH, LIKE THE FIRST THREE INITIATIVES THAT YOU SEE ON THE LIST, UH, WE WANTED TO UNDERSTAND, UH, IS THERE A WAY TO DO A, TO UNDERSTAND LOOK AHEAD, UH, FOR ESRS, WHAT IS THE OPTIMAL STATE OF CHARGE, UH, THAT WOULD MANAGE US THROUGH THE DAY, RIGHT? AND WE, WE DON'T HAVE A BLIND SIDE ON, ON THE EVENING PEAKS, RIGHT? SO, SO WE WANTED TO UNDERSTAND IS THE, IS ARE THERE TOOLS OUT THERE, ENGINE OPTIMIZATION ENGINE OUT THERE THAT CAN HELP US UNDERSTAND THAT? UM, SO WE INITIALLY DID A, BASICALLY A PAPER ON IT AND A PROOF OF CONCEPT ON IT. AND THEN THIS PAPER IS, UH, IS ON OUR CORE WEBSITE, BY THE WAY. SO, UM, WE FINISHED THAT INITIATIVE, UH, THIS YEAR. WE ARE TRANSITIONING THAT TO OUR INTERNAL BUSINESS TEAMS, MEANING, UH, NOW THAT IT'S DONE. SO WE ARE BASICALLY, YOU KNOW, WE PRESENT THEM INTERNALLY AND SAY, THIS IS, THIS IS A POSSIBLE SOLUTION, AND NOW WE'LL TAKE ITS COURSE, UH, AND IF, IF THE BUSINESS TEAM FEELS THE PROBLEM STATEMENT AND SOLUTION ISAL ENOUGH TO BRING TO OUR STAKEHOLDER PROCESS. UM, SO THE NEXT ONE IS MORE ON GETTING THE OPERATIONAL INFORMATION FROM DER. WE KNOW THE PENETRATION OF DERS CAN INCREASE IN THE SYSTEM. UM, WE KNOW AUSTRALIA IS AT ALMOST 60, UH, LIKE ALMOST, UM, I WOULD SAY 70% PENETRATION. WE KNOW OTHER ISOS THAT HAVE ALMOST A HUNDRED PERCENT PENETRATION. SO WE KNOW IT CAN BECOME A PROBLEM IN THE, IN FUTURE. AND TO UNDERSTAND HOW YOU CAN COMMUNICATE WITH THEM IF WE HAVE TO GET THE INFORMATIONAL, UH, ON, ON THEM, OPERATIONAL INFORMATION ON THEM, THAT COULD HELP US PLAN AND OPERATE IN FUTURE. AND AGAIN, THIS IS NOT A CLOSED LOOP, YOU KNOW, GIVE A SINGLE BACK TO DER. THIS IS ABOUT SITUATIONAL AWARENESS. SO ONE WAY INFORMATION FROM DER TO A COURT. SO WE, WE FINISHED THAT, UH, PROOF OF CONCEPT TWO. UM, WE ARE BASICALLY, UH, TRANSITIONING THAT TO THE BUSINESS PROCESS IN TERMS OF, UM, HERE'S A SOLUTION, AND THEN BUSINESS TEAM CAN, CAN DECIDE HOW THEY WANT TO MOVE FORWARD WITH THAT. SO, UM, THE NEXT ONE IS THE METADATA DESEGREGATION. GIVEN, YOU KNOW, A LOT OF DEMAND RESPONSE DISCUSSION. THE THOUGHT PROCESS [04:20:01] WAS THERE ARE A LOT OF AI COMPANIES OUT THERE WHO WOULD CLAIM THAT THEY CAN LOOK AT YOUR METER DATA. AND THEN BASICALLY BASED ON THE DATA, UH, THEY CAN TELL WHAT'S BEHIND THE METER. IS IT PV BATTERY OR, YOU KNOW, HEAT, UH, HEAT PUMP, ET CETERA. UH, SO WE DID THAT POC. UM, WE ARE BASICALLY THINKING OF DOING RFP RIGHT NOW TO UNDERSTAND, YOU KNOW, UH, HOW COSTLY A SOLUTION LIKE THIS CAN LOOK LIKE FOR OUR CO. UH, AND BASICALLY THAT WOULD BASICALLY COMPLETE OUR PACKAGE OF PROBLEM AND SOLUTION STATEMENT THAT CAN, UH, TAKE ITS CODES. UM, SO THOSE ARE THE THREE INITIATIVE, I WOULD SAY IN 2025. WE, WE FINISHED THOSE AND WE ARE, UH, GOING THROUGH THE TRANSITION PROCESS NOW, UM, THE OTHER ONES, UH, THE NUMBER FOUR ON THE LIST IS, UM, SYSTEM STRENGTH AND INERTIA, REAL TIME MEASUREMENT. UM, SO WE DID A PROOF OF CONCEPT THAT'S COMING TO CLOSE NOW, BUT IT'S ALSO SOMETHING THAT WE HAVE TO RUN AT LEAST FOR SIX MONTHS TO UNDERSTAND, ARE WE GETTING RIGHT VALUES OF, UH, SYSTEM STRENGTHEN INERTIA AS EXPECTED? SO THAT PROCESS IS ONGOING, AND AFTER THAT ANALYSIS IS DONE, THERE ARE OBVIOUSLY SEVERAL WAYS OF DOING IT. SO WE, UH, EVALUATED ONE METHOD. UH, WE ALSO TALKED TO SEVERAL VENDORS OUT THERE, AND WE LOOKED AT SEVERAL TECHNIQUES HOW WE CAN DO IT. SO WE'LL PROVIDE A COMPREHENSIVE WHITE PAPER ON, YOU KNOW, WHAT ARE THE TECHNIQUES OUT THERE, WHAT IS OUR OBSERVATION AND WHY WE CHOOSING ONE SOLUTION VERSUS ANOTHER. SO, SO THAT'S NUMBER FOUR. UH, REACTIVE POWER COORDINATION, THAT'S THE ONE I TALKED ABOUT IN THE CASE STUDY. UH, THE NUMBER SIX IS MORE ABOUT ROBUST AC S-C-O-P-F. UM, AS YOU KNOW, THERE'S A LOT OF DISCUSSION ABOUT, UH, ARE WE STUDYING RIGHT THE RIGHT HOURS? DO WE KNOW THE, UH, BECAUSE TODAY WE STUDY THE PEAK AND THE, UH, YOU KNOW, THE NET PEAK, UH, BUT SHOULD WE STUDY MORE HOURS? SO THIS IS ALL ABOUT UNDERSTANDING IS THE TECHNOLOGY OUT THERE RIGHT NOW TODAY THAT CAN TRULY DO 87 60, UH, A-C-S-C-O-P-F? BECAUSE AGAIN, IT'S A HARD OPTIMIZATION PROBLEM TO SOLVE. THERE ARE A LOT OF CLAIMS OF, YOU KNOW, PEOPLE CAN DO IT OR NOT DO IT, BUT SO, SO WE ARE TRYING TO UNDERSTAND THAT, UH, WORKING WITH, UH, FEW VENDORS OUT THERE RIGHT NOW. UH, THE NEXT ONE IS, UH, IMPEDANCE SCAN TOOLS FOR STABILITY AND ASSESSMENT. AS YOU KNOW, TIMES THREE ASSESSMENT OF STABILITY IS A PRETTY CHALLENGING THING TO, UH, DO, AND IT COULD BECOME MORE CHALLENGING IN FUTURE. UM, SO THE IDEA IS CAN WE DO FREQUENCY SCAN BASED STABILITY ANALYSIS? AND THERE ARE, AGAIN, UH, OUR CO PARTNERED WITH A UNIVERSITY IN PAST, UH, SO WE ARE, WE TRIED THAT CONCEPT, UH, USING, YOU KNOW, THROUGH PROOF OF CONCEPT, BUT THERE ARE OTHER IDEAS TOO THAT WE ARE EVALUATING RIGHT NOW AND IN DECIDING IS THIS SOLUTION, UH, READY ENOUGH TO TRANSITION TO, TO A BUSINESS PROCESS, UM, IMPROVEMENTS TO LARGE LOAD MODELING. AS YOU KNOW, LAST YEAR IT WAS ALL ABOUT, UH, WE DON'T KNOW WHAT'S INSIDE THE DATA CENTER. WE DON'T KNOW HOW TO MODEL IT IN PSCA OR PSSE IN DETAIL. SO WE STARTED TO WORKING WITH TEXAS A AND M, UH, TO, UH, YOU KNOW, PUT TOGETHER A DETAILED DMT MODEL FOR, UH, CRYPTO AND DATA CENTER AND ELECTROLYZERS SO THAT WE CAN UNDERSTAND HOW TO MODEL THEM IN OUR STABILITY STUDY GOING FORWARD. SO, SO WE PUBLISHED ACTUALLY THESE MODELS ON OUR WEBSITE NOW, UM, WHICH REALLY HELPS IN MY MIND, UH, WITH THE INDUSTRY TO, YOU KNOW, UNDERSTAND EARLY ON LIKE WHAT IS EXPECTED, UH, TO WHAT YOU CAN EXPECT TO SEE IN SOME OF THESE LARGE, IN THE EMT MODELS FOR CRYPTO DATA CENTER, FOR EXAMPLE. SO THE CRYPTO MODEL IS ALREADY PUBLISHED ON OUR WEBPAGE. UH, WE ARE WORKING ON THE DATA CENTER MODEL RIGHT NOW, AND THIS IS, AGAIN, BASED ON THE GENERIC, UH, INFORMATION, PUBLIC INFORMATION THAT WE BASICALLY, THAT IS OUT THERE THROUGH, YOU KNOW, OPEN COMPUTE PLATFORM. AND YOU KNOW, HOW OUR UNDERSTANDING OF HOW TO MODEL UPS, OUR UNDERSTANDING OF HOW TO MODEL, UH, UH, SPAR SUPPLIES. SO, SO THE IDEA WAS TO PUT IT OUT THERE NOW AND, AND, UM, HOPEFULLY THAT HELPS THE INDUSTRY. UM, THE NEXT ONE IS, AGAIN, MACHINE LEARNING AND AI IS HOT. LIKE HOW DO WE USE THAT IN OPTIMAL POWER FLOW AND, AND IF IT HELPS US SPEED UP THE SIMULATION TOOLS THAT WE USE AT , UM, NUMBER 10 AND 11 ARE MORE AROUND SHORT CIRCUIT AND POWER QUALITY. AGAIN, BOTH ARE, UH, UH, WOULD BE A CONCERN AS WE, AS, AS A GRID IS EVOLVING. SO FOR SHORT CIRCUIT, WE DID A SURVEY, YOU KNOW, UH, THROUGH, UH, SPWG, UH, SYSTEM PRODUCTION WORKING GROUP, UM, FOR THE NEGATIVE SEQUENCE, UH, IMPLEMENTATION, UH, NEGATIVE SEQUENCE, CURRENT IMPLEMENTATION IN IBR TODAY. UH, AND THAT SURVEY PAPER WOULD BE, WE'LL, WE ARE WRITING A PAPER ON IT, WE'LL PUT ON OUR WEBSITE ON, ON WHAT WE UNDERSTAND FROM THAT PROCESS ON POWER QUALITY. WE ARE PARTNERING IN BASICALLY NUMBER 11 AND 13. UH, POWER QUALITY, AGAIN, IS A, IS SOMETHING THAT GRID, UM, AS A, UH, WE DID NOT HAVE TO WORRY ABOUT IT AS MUCH, BUT GIVEN HOW MUCH POWER ELECTRONICS IS GOING INTO THE GRID, UM, BOTH, UH, GENERATION AND [04:25:01] IT, AND LOADS, UH, THE IDEA IS TO UNDERSTAND AT SOME POINT WOULD WE SEE INTERACTIONS AT, UH, NOT SUB JUST SUB SYNCHRONOUS, BUT HIGHER FREQUENCIES. SO, SO FOR THAT AND NUMBER 13, WHICH IS IF WE HAVE GRID FORMING EVERYWHERE IN THE GRID, CAN WE SEE THE INTERACTION OF GRID FORMING? SO FOR 11 AND 13, WE ARE PARTNERING WITH, UM, UH, UD AUSTIN AND, YOU KNOW, DOING, UH, SOME INITIAL RESEARCH WORK WITH THEM, WHICH WILL, AGAIN, COME OUT IN THE WHITE PAPER FORMAT, UM, BY, HOPEFULLY BY END OF THIS YEAR. WE TALKED ABOUT NUMBER 12 ALREADY. UM, AND, UH, THE, THE NUMBER 14 IS ACTUALLY, THIS IS A WHITE PAPER THAT YOU'LL SEE, UH, SOON ON OUR WEBSITE, IS WE DO CAPACITY EXPANSION, PRODUCTION COST MODELING, AND RELIABILITY ANALYSIS IN THREE DIFFERENT, UH, TOOLS, THREE DIFFERENT, UH, BUT THAT, THAT, YOU KNOW, ESSENTIALLY WE ARE THINKING, CAN ALL OF THAT BE COMBINED THROUGH ONE TOOL OR ONE, OR SOME DATA PLANE, UH, IN THE BACKEND THAT, YOU KNOW, HELPS SPEED UP THE SIMULATION PROCESS AND HELPS US CARRY FORWARD THE ASSUMPTION BETWEEN THESE STUDIES IN A, IN A, IN A, UH, SEAMLESS WAY. UH, SO, SO THAT'S A WHITE PAPER THAT WE WILL SEE ON OUR WEBSITE, AND I THINK THAT'S A PRETTY, AND WE WILL SOON, SOON DO A RFP ON TRYING TO FIND OUT IF THERE ARE VENDORS OUT THERE WHO CAN ACTUALLY DO IT. SO THAT THESE ARE THE NEW ONES THAT WE BASICALLY, GIVEN THAT WE ARE TRANSITIONING OUT THE THREE INITIATIVE IN 2025, UH, 2026, UH, WE HAVE FOUR NEW, FOUR NEW INITIATIVES THAT WE ADDED IN 2026. UH, THE FIRST ONE IS DYNAMIC ANCILLARY SERVICE. UM, THE CONCEPT IS, YOU KNOW, SORT OF KNOWN, YOU KNOW, WHAT THE PRO PROBLEM STATEMENT IS. SO WE ARE TRYING TO WORK ON A WHITE PAPER ON DIFFERENT OPTIONS ON HOW THAT CAN LOOK, UH, UH, AND, UH, SO, SO WE'RE TRYING TO FINISH IT THIS YEAR. OBVIOUSLY, THERE IS A LOT OF DISCUSSION ON EMT AND, YOU KNOW, SHOULD, HOW BIG A EMT MODEL SHOULD WE DO? AND, YOU KNOW, UH, A LOT OF TECHNIQUES AND SOLUTION OUT THERE THAT PEOPLE CLAIM THAT, YOU KNOW, YOU CAN SPEED UP EMT SIMULATION. SO WE'RE TRYING TO PUT OUR STRATEGY TOGETHER ON, YOU KNOW, WHAT WE THINK ASCO WOULD NEED IN FUTURE. UH, SO THAT WILL COME OUT IN WHITE PAPER FORMAT BY END OF THIS YEAR. UH, NUMBER 70 IS MORE AROUND OPEN SOURCE, AND I WILL SAY SYNTHETIC GRID DATA, WHICH AS, YOU KNOW, TEXAS A AND M ALREADY HAS SOME DATA THERE, BUT AS WE WORK THROUGH GRID INITIATIVES, THE NUMBER ONE PROBLEM THAT WE HEAR IS WE DON'T, WE NEED DATA, RIGHT? AND, AND THAT WHOLE DISCUSSION CAN TAKE SIX MONTH, YEAR, AND AT THE END, LIKE, SHARING DATA IS A SUPER HARD THING TO DO, OBVIOUSLY BECAUSE OF CONFIDENTIALLY REASON AND CREATING, YOU KNOW, WITH SOMEBODY ELSE'S DATA OR WORKING WITH SOMEBODY ELSE, DATA IS SUPER, SUPER HARD. SO WHAT WE ARE TRYING TO DO IS WORK WITH TEXAS A AND M AGAIN ON THIS AND CREATE SYNTHETIC DATA SETS THAT WE OURSELF USE IN OUR WORK AND USE THAT EXTERNALLY TOO. SO THAT BECOMES A COMMON PLANE FOR US TO, YOU KNOW, SOLVE SOME OF THESE EMERGING PROBLEMS ON THIS DATASET. SO IT'LL BE BOTH 10,000 BUS DATA FOR POWER FLOW AND MARKET TYPE SIMULATION, AND THEN 200 BUS DATA THAT WE ARE THINKING FOR DYNAMICS. AND THE LAST ONE IS TOPOLOGY OPTIMIZATION. UM, AGAIN, THIS IS NOT SOMETHING TO LIKE SOLVE FOR MARKET ISSUES, BUT, UH, LIKE EVEN TODAY, LIKE IF YOU HAVE A RELIABILITY ISSUE, LIKE THERE ARE MANUAL STUDIES DONE TO MAKE SURE WE MEET THE RELIABILITY, UH, BUT THEN THERE ARE TOOLS OUT THERE THAT CAN DO IT. AND, AND THEN THAT PROOF OF CONCEPT IS, IS AN ONGOING OR ONGOING WORK RIGHT NOW. SO I THINK, UH, I KNOW THAT WAS A LONG LIST, UM, ON OUR WEBPAGE, AGAIN, THIS IS ON OUR CARD.COM, UH, YOU CAN SEE THIS WEBPAGE, UH, THE ROADMAP IS UPDATED. UH, WE HAVE A WHITE PAPER FOR INTEGRATED ECONOMIC RELIABILITY ANALYSIS THAT IS COMING HERE, AND THE LARGE LOAD MODELS, UH, OUR GENERIC PSK MODEL IS ALREADY PUBLISHED. UM, WE HAVE AN INNOVATION SUMMIT COMING ON, UH, MARCH 31ST. UH, SO I'M, I'M HOPING MOST OF YOU WOULD BE ABLE TO JOIN. I MEAN, IT'S OPEN, FREE TO FREE FOR ANYONE TO JOIN. UM, THIS IS OUR THIRD SUMMIT PATHWAY. UH, SO YEAH, LOOKING FORWARD FOR FOLKS TO JOIN AND SHARE IDEAS AND, YOU KNOW, MEET A LOT OF DIFFERENT PEOPLE. UM, ALSO, UM, AS, AS WE LAUNCHED THAT WEBSITE, WE ALSO CALLED THIS THING CALLED RESEARCH AND INNOVATION PARTNERSHIP PROGRAM. AND, UH, AS YOU, AS YOU KNOW, THERE ARE A LOT OF IDEAS THAT ERCOT TEAM GET IN DIFFERENT, YOU KNOW, SAME VENDOR ASKING MAYBE FIVE DIFFERENT TEAMS, YOU KNOW, TO TRY AN IDEA. SO THE IDEA WAS TO CENTRALIZE THAT INTAKE PROCESS THROUGH THIS RIGHT PROGRAM WHERE WE GET A SERVICE, BASICALLY A TICKET IN, UH, IN-HOUSE ONCE SOMEBODY SUBMITS THE IDEA. SO WE HAVE BEEN RUNNING THIS FOR ALMOST SIX MONTH, AND, UM, THERE ARE LIKE DIFFERENT FLAVORS OF IDEAS, WHICH, UM, SOMETIME ARE LIKE JUST VALIDATION OF, YOU KNOW, THIS IS A TECHNOLOGY, YOU KNOW, LIKE, WHAT DO YOU THINK? AND, UM, SO OBVIOUSLY THERE ARE LOT OF INTEREST TO US IN, IN TERMS OF, YOU KNOW, PURSUING AS PROOF OF CONCEPT OR RESEARCH. AND THERE ARE A LOT OF EMERGING TECHNOLOGIES THAT NEED HARDWARE SOLUTIONS THAT, THAT WHERE, WHERE [04:30:01] WE HAVE TDSP DEPENDENCIES, RIGHT? AND, AND MAYBE, MAYBE AS ONE OF THE LEARNING THROUGH THIS PROGRAM IS MAYBE WE CAN START TO COLLABORATE WITH MORE, MORE OUR TDSP PARTNERS AND SHARE, YOU KNOW, WHAT WE ARE SEEING ON OUR SIDE. UM, AND, UM, SO, SO THAT'S, THAT'S MORE ABOUT RIGHT PROGRAM. THERE'S MORE TO, WE ARE DOING MORE THINKING ON HOW TO REALLY CAT CATEGORIZE THESE TICKETS AND, YOU KNOW, MAYBE FIND PARTNERSHIP WITHIN TDSP TO, TO AT LEAST SHARE WHAT WE ARE SEEING ON OUR SIDE. SO I THINK, YEAH, THAT'S, THAT'S PRETTY MUCH IT. THAT'S, UM, I THINK THAT'S MY LAST SLIDE. SO QUESTIONS? WE HAVE A COUPLE QUESTIONS, JEN. THANKS JEN SCHMIDT FROM RHYTHM. UM, I THINK THESE ARE REALLY INTERESTING QUESTIONS, AND $2 MILLION ISN'T GOING TO MAKE OR BREAK THE ERCOT FEE TO CONSUMERS, BUT I AM WORRIED THAT I DON'T SEE CONSTRAINTS ON APPROPRIATE PROJECTS OR, UH, HOW WE WILL UNDERSTAND WHETHER WE HAVE SUCCESS OR NOT FROM A VALUE TO THE MARKET PERSPECTIVE. SO WHAT ARE THE RESTRAINTS ON SPEND SNOWBALLING, BECAUSE THERE'S ALWAYS GOING TO BE INTERESTING QUESTIONS, RIGHT? WE'RE A GIANT MARKET WITH A BUNCH OF DIVERSITY. THAT IS WHY WE HAVE SO MANY STAKEHOLDERS AT THE TABLE. AND I GUESS WE HAVE A STRONG PRIVATE STAKEHOLDER PROCESS. SO MUCH OF THIS R AND D HAS TRADITIONALLY BEEN BORN BY THE PRIVATE SECTOR. UM, I CAN SPEAK TO AT LEAST ONE OF THE THINGS ON YOUR LIST, WHICH IS METER LOAD DISAGGREGATION USING ALGORITHMS HAS BEEN TESTED BY LSCS FOR MANY, MANY YEARS. AND SO THE IDEA THAT ERCOT WOULD SPEND MONEY WITH A THIRD PARTY TO VALIDATE SOMETHING THAT SSCS HAVE ALREADY BEEN TRYING TO FIGURE OUT IF IT HAS VALUE TO OUR CUSTOMERS, AND WE WOULD BE ABLE TO PROVIDE THAT TRANSPARENCY TO THE CUSTOMER SO THAT THEY GET VALUE FROM THIS SPEND. THOSE ARE THE KIND OF, UM, QUESTIONS. I'M A LITTLE BIT HESITANT, UM, ON THE GRIT, UM, KIND OF ORIENTATION. COULD YOU KIND OF CLARIFY WHERE Y'ALL SIT? YEAH. SO I THINK, UM, LIKE WHAT IS THE ULTIMATE VALUE OF THIS WORK? LIKE, AGAIN, THIS IS THE THING AS WE TRANSITION, LIKE SOME OF THESE THINGS TRANSITION INTO A STAKEHOLDER PROCESS. SO THAT WOULD BE IN, IN MY MIND, WOULD BE THE LITMUS TEST OF HOW MANY OF THESE THINGS CAN ACTUALLY TRANSITION, RIGHT? SO, UH, FROM THE PROBLEM STATEMENT PERSPECTIVE, UM, WE, WE, LIKE THE WAY WE ARE DISTILLING THESE INITIATIVES IS WE, WE THOUGHT AS A GROUP THAT AS INTERNAL GROUP, THAT THESE PROBLEM STATEMENTS ARE NOT WELL UNDERSTOOD, OR THERE ARE JUST TOO MANY SOLUTIONS OUT THERE, WHICH WE DON'T KNOW HOW TO PICK ONE, RIGHT? SO I THINK, UH, I WOULD SAY, I MEAN, THAT'S A FAIR QUESTION. UM, UH, BUT LIKE, HOW DO WE KNOW THE VALUE HAS REALLY LANDED? I DON'T THINK WE ARE THERE YET, UH, IN THE PROCESS WHERE WE CAN LIKE TRULY SAY WHAT PERCENTAGE IS THE CONVERSION HERE, BUT, BUT THAT'S A VERY FAIR QUESTION THAT'S BEEN ASKED A LOT INTERNALLY, UH, IN OUR BOARD DISCUSSION TOO, SO, SO YEAH. MARTHA, THANK YOU. UM, MARTHA HENSON FROM ENCORE, I ACTUALLY WANTED TO COMMENT ON BOTH OF THE INITIATIVES THAT YOU SPOTLIGHTED TODAY. THE, THE FIRST ONE I THINK WAS THE REACTIVE POWER COORDINATION TOOL. UM, ABOUT SIX OR SEVEN YEARS AGO, ERCOT SPONSORED AN NPRR THAT PROPOSED A REACTIVE POWER COORDINATION TOOL THAT WOULD ESSENTIALLY TAKE VOLTAGE CONTROL AWAY FROM THE TOS AND PUT IT INTO THIS OPTIMIZATION THING. MM-HMM . UM, WE FILED COMMENTS TO THAT WITH SOME CONCERNS. IT WAS ULTIMATELY WITHDRAWN. BUT I THINK AS YOU MOVE ALONG WITH THAT CONCEPT, I THINK IT'S GONNA BE CRITICAL THAT ERCOT ACTUALLY INCLUDE THE TOS AND ANY PILOTING THAT YOU DO OF THAT BEFORE YOU WRITE THE PROTOCOL CHANGES , WE WILL CARE GREATLY ABOUT, YOU KNOW, THAT TRANSFER OF CONTROL FROM US TO ERCOT AND SOME TOOLS. SO I WOULD JUST REALLY URGE YOU TO, YOU KNOW, TALK TO THE TOS AS THAT BECOMES MORE MATURE. GOT IT. YEAH. AND, UH, LET US PARTICIPATE IN THE PILOTING TO THE EXTENT THAT YOU CAN MM-HMM. WHEN YOU'RE READY TO DO THAT BEFORE WE SEE REVISION REQUESTS ON THAT ITEM. GOT IT. OKAY. UM, ON, ON THE SECOND ONE, THE, CAN WE SHED LOAD AT THE METER LEVEL? UM, ENCORE WOULD BE HAPPY TO SHARE MORE INFORMATION ABOUT THAT TO HELP INFORM YOUR WHITE PAPER. I'M HOPEFUL THAT SOME OF THE OTHER DSPS ARE WILLING TO DO THAT AS WELL. UM, I, I DID WANNA POINT TO A FILING THAT WE MADE ABOUT 18 MONTHS AGO IN PROJECT 5 5 1 8 2, UM, IN ENCORE CIRCUIT SEGMENTATION STUDY, THE PUBLIC VERSION, UH, WE PROVIDED SEVEN OR EIGHT PAGES OF INFORMATION ON OUR CAPABILITIES IN THAT SPACE. UM, I, I WON'T BORE YOU WITH ALL THE DETAILS, BUT THE GIST OF IT IS THAT 40% OF OUR SYSTEM LOAD IS NOT EQUIPPED WITH A MI FUNCTIONALITY, ADVANCED METER FUNCTIONALITY. TODAY, WE DID SOME BACK OF THE ENVELOPE MATH TO SEE WHAT WOULD IT TAKE TO EQUIP THOSE CUSTOMERS WITH A MS FUNCTIONALITY, AND IT WAS IN [04:35:01] THE BILLIONS OF DOLLARS. MM-HMM . UM, AND THEN BESIDES THAT, THE SECOND ISSUE IS THAT THE IT AND COMMUNICATIONS SYSTEM SIMILAR, SIMILAR TO WHAT YOU'RE SPENDING ON TRANSMISSIONS. , YEAH. I KNEW SOMEBODY WOULD THROW THAT IN THERE. , UM, UH, THE IT AND COMMUNICATIONS INFRASTRUCTURE THAT IT WOULD ALSO TAKE TO BE ABLE TO COMMUNICATE WITH MILLIONS OF METERS ON THAT SCALE IS ALSO NOT A FUNCTIONALITY WE CURRENTLY HAVE. UH, WE DIDN'T EVEN ATTEMPT TO QUANTIFY WHAT IT WOULD COST TO PUT THAT IN PLACE. MM-HMM . BUT I ALSO LIKELY IN THE BILLIONS OF DOLLARS. UM, AND THEN TO YOUR POINT EARLIER THAT YOU MADE, UM, YOU KNOW, TODAY THE, THE INTERFACE WITH BETWEEN ERCOT AND AND TOS AND ULTIMATELY DSPS ON LOAD SHEDDING REALLY ENDS WHERE ERCOT DIRECTS THE TOS TO SHED LOAD, AND THEN WE COORDINATE WITH OUR DSPS TO ACTUALLY MAKE THAT HAPPEN. SO I THINK A WHITE PAPER IS FINE IF IT'S SORT OF SETTING OUT THE LANDSCAPE OF WHAT CAPABILITIES EXIST TODAY. MM-HMM . UM, AND, YOU KNOW, I'D BE HAPPY TO POINT ANYONE TO THE INFORMATION WE HAVE PUBLICLY ON FILE, BUT THE, THE SHORT OF IT IS THE FUNCTIONALITY DOES NOT EXIST TODAY FOR THE ENCORE SYSTEM WITHOUT SIGNIFICANT CAPITAL EXPENDITURES. AND, UM, APPRECIATE THE UPDATE TODAY AND, UM, LOOK FORWARD TO HEARING MORE IN THE FUTURE. THANKS. YEP. THANKS MARTA. OKAY. ANY OTHER QUESTIONS? ANY OTHER QUESTIONS OR COMMENTS? ALL RIGHT, THANK YOU. YEAH, THANK YOU. ALL RIGHT, WE'RE [16. Feedback from IBRs on NOGRR245 Implementation (Part 1 of 2)] GETTING CLOSE. ERIC GOFF, THAT'S YOU. IT'S A HIGHLY ANTICIPATED NOER 2 45 IMPLEMENTATION FEEDBACK PRESENTATION. I THINK YOU ARE, DO YOU HAVE SEVERAL COMPANIES SPEAKING TO THIS? UM, I'LL JUST HAND IT OVER TO YOU AND THEN, YOU KNOW, THE MICROPHONE, I'LL ANSWER YOUR QUESTION. YEP. UH, HI, ERIC GOFF ON BEHALF OF THE NOGO 2 45 JOINT COMMENTERS. UM, AND, UM, WE ASKED FOR AN OPPORTUNITY TO SPEAK TODAY, UM, DUE TO THE MULTIPLE BOARD PRESENTATIONS WHERE THIS TOPIC HAS BEEN DISCUSSED, AT ONE OF THOSE BOARD MEETINGS, ONE OF THE BOARD MEMBERS SUGGESTED THAT TAC CONSIDER THE ISSUES AROUND IB, UH, IBR AND NOGA 2 45, UH, IMPLEMENTATION. AND SO, UM, BASED ON THAT SUGGESTION, YES, MA'AM, UH, WE REACHED OUT TO TAC LEADERSHIP TO REQUEST THIS AGENDA ITEM, UH, LISTENING TO THE MEETING RIGHT NOW OUT AT OUR CUT, FIXING TO GO TO THE BATHROOM BECAUSE I GOTTA GO, MICHAEL. YEAH, THAT'S YOU, MICHAEL. HEY, SORRY. UM, OKAY. SO, UM, I'D LOVE FOR THIS TO BE A CONVERSATION. UM, WE'D REALLY LIKE FOR THIS TO BE A, UM, PRODUCTIVE DIALOGUE, UM, WITH, UH, ERCOT AND WITH STAKEHOLDERS. UM, SO I ENCOURAGE PEOPLE TO INTERRUPT ME WITH, UH, QUESTIONS, UM, OR COMMENTS SO WE CAN HAVE THAT DISCUSSION. UM, SO THE PURPOSE OF THIS IS TO IDENTIFY THEMES ACROSS, UH, DIFFERENT, UM, IBR COMPANIES AND TO UPDATE TACK ABOUT WHAT IBR COMPANIES HAVE DONE TO DO THAT. UM, ME AND MY TEAM INTERVIEWED MULTIPLE, UM, COMPANIES THAT HAVE SUBMITTED, UM, EXEMPTION OR EXTENSION REQUESTS TO LEARN ABOUT THEIR EXPERIENCES. UM, SO THIS GOES BEYOND, UM, JUST MY, MY OWN CLIENTS, BUT TO, YOU KNOW, A A WIDER VIEW OF, OF MULTIPLE COMPANIES. UM, AND, UM, MOST COMPANIES SEEM TO HAVE SUBMITTED SEVERAL SITE APPLICATIONS THAT REFLECT IMPROVED PERFORMANCE ON, UM, ESSENTIALLY ALL IBR, ALTHOUGH, UM, YOU KNOW, ESSENTIALLY ALL CARRIES A LOT OF WEIGHT THERE. UM, AND EVEN WHERE APPLICABLE, RIGHT THROUGH STANDARD CURVES MET EXTENSIONS OR EXEMPTIONS, THERE HAVE BEEN, EXTENSIONS HAVE BEEN FILED TO FURTHER IMPROVEMENTS UNDER THE REQUIREMENTS TO BE MAXIMIZED AND EXEMPTIONS THAT MAY HAVE BEEN FILED DUE TO THE INABILITY TO GET COMMITMENTS FROM SOME OEMS ON PERFORMANCE, UM, THAT HAD NOT BEEN PREVIOUSLY MEASURED, SUCH AS ROGUE COFFIN PHASE ANGLE. SO IN MANY CASES, THESE EXEMPTION AND EXTENSION REQUESTS WERE FOR UNCERTAINTY. UM, SO, UH, I FOUND, UM, THROUGH THESE DISCUSSIONS THAT HAS BEEN WIDE AND DEEP ENGAGEMENT FROM IBR OWNERS, UM, MANY OF THE IBR COMPANIES I SPOKE TO, UH, SAID THEY SPENT, UM, YOU KNOW, THOUSANDS OF [04:40:01] DOLLARS PER SITE. UM, SOME OF THE LARGER COMPANIES HIRED NEW TEAMS, UH, AND ENGAGED EXPERTS IN ORDER TO MEET THESE REQUIREMENTS. AND THE TIMES REQUIRED BY NOCA 2 45, UM, EVERYONE I SPOKE TO PROVIDED UPDATED MODELS, UM, MADE, UM, SETTINGS, UPDATES, UM, APPLIED SOFTWARE, IT WAS APPLICABLE, UM, AND IN SOME CASES MADE UPGRADES TO SOME, SOME HARDWARE ISSUES, UM, ALTHOUGH THAT WASN'T REQUIRED TO DO SO. UM, BUT, BUT THEY, THEY, THROUGH THE EVALUATION, DETERMINED THAT IT WAS FEASIBLE TO DO SO IN SOME CASES, AND, AND SO DID IT. UM, MOST OEMS HAVE ENGAGED TO BRING FORWARD MAXIMIZE SOLUTIONS, UM, BUT SOME OEMS HAVE HAD DIFFICULTY PROVIDING PCAD MODEL SPECIFICALLY FOR LEGACY SITES THAT HISTORICALLY DIDN'T, UH, HAVE THAT REQUIRED. AND SO IT NEVER BEEN PRODUCED. UM, SO MY UNDERSTANDING IS THAT IN THOSE CASES, PSSE MODELS HAVE BEEN PROVIDED FOR THOSE SITES. UM, AND SO ONE OF THE QUESTIONS THAT I GOT REPEATEDLY WAS WHETHER OR NOT, UH, THOSE PSSE MODELS ARE SUFFICIENT FOR ERCOT TO DO THE EVALUATION REQUIRED BY THE RULE IN NOGA 2 45, UH, FOR THOSE CASES WHERE THE PSCA MODELS, YOU KNOW, MIGHT BE UNAVAILABLE AT PRESENTLY. UM, AND THEN ALSO SOME OF THE EXTENSION REQUESTS I FOUND, AND THE INTERVIEWS WERE SPECIFICALLY TO ENABLE HARDWARE UPGRADES THAT WOULD REQUIRE MORE TIME TO, TO MAKE, UM, THERE'S BEEN AN ITERATIVE FEEDBACK, UM, PROCESS WITH ERCOT, UM, THAT HAS BEEN DRIVEN THROUGH THIS, UH, FORMAL COMMUNICATION CHANNELS LIKE RFIS OR THE MANAGED NORE 2 45 INBOX. AND, UH, THIS HAS LED TO, YOU KNOW, PROCESS AND COMPLIANCE IMPLICATIONS, UM, WHERE THE EXPERTS AT THESE COMPANIES HAVE, UM, YOU KNOW, FOUND, THERE'S LIKE LEGAL REVIEW FOR, FOR PRETTY STRAIGHTFORWARD QUESTIONS. SO WE'RE HOPING TO KIND OF HAVE MORE OF A DIALOGUE APPROACH, YOU KNOW, ON, ON THESE SORT OF TOPICS GOING FORWARD. UM, AND, UM, I'LL GET INTO SOME PAST EXAMPLES THAT WE, WE THINK ARE USEFUL, UH, THAT WE CAN POINT TO. UM, AND THEN STAFF HAVE BEEN ASKED TO MAKE JUDGEMENTS ON LIKE HIGHLY TECHNICAL ISSUES BY MULTIPLE IBR. SO WE APPRECIATE THAT THERE'S LIKE A REPEATED SET OF QUESTIONS THAT STAFF SEEMS TO GET. BUT, UH, ALSO I THINK DUE TO THE HIGHLY TECHNICAL NATURE OF THIS AND THAT ERCOT HAD TO STAFF UP FOR THIS, THERE'S BEEN TIMES WHERE THE FEEDBACK HAS BEEN MIXED OR, YOU KNOW, DIFFERENT ACROSS, YOU KNOW, DIFFERENT RESPONSES AT DIFFERENT TIMES. AND WE UNDERSTAND THAT'S JUST DUE TO ERCOT ALSO HAVING TO HIRE UP FOR THE SAME PROBLEM IN THE WAY THAT IBR OWNERS DID. UM, I GOT MULTIPLE REQUESTS FOR SOME SORT OF BOOKEND TO ACKNOWLEDGE COMPLETION OF THE PROCESS FOR ACCEPTED SITES. UM, AND TO KIND OF AT THE END OF THIS, UM, FOR TAC OR THE STAKE OR ROS TO KIND OF REVIEW THE PROCESS AND WHAT WORKED AND WHAT DIDN'T WORK, UM, IN ORDER TO HAVE IMPROVEMENTS ON THIS SORT OF SITUATION IN THE FUTURE. UM, I WAS ALSO ASKED TO POINT TO ERCOT DATA THAT'S BEEN GIVEN TO THE BOARD TO SHOW THERE HAS NOT BEEN A 500 MEGAWATT TRIGGERING EVENT SINCE IT SEEMS TO BE LAST JULY, UM, THAT MANY RESOURCES HAVE FULL MODEL REVIEW AND APPROVAL. UM, BUT THERE IS SOME ONGOING UNCERTAINTY, UM, ON AREAS THAT WERE NOT PREVIOUSLY MEASURED, SUCH AS THE ONE I MENTIONED PREVIOUSLY. ROFF, UM, POINT OF INTERCONNECTION STANDARDS. WE HAVE MULTIPLE RESOURCES BEHIND THE SAME POINT OF INTERCONNECTION. UM, TECHNICAL ISSUES LIKE THAT STILL HAVE SOME UNCERTAINTY. UH, AND WE THINK THAT, UM, THERE IS A RISK THAT ERCOT STUDIES WILL SHOW THAT THE RELIABILITY THRESHOLD WILL BE CROSSED, UM, IN SOME OF THE STUDIES AND WILL RESULT IN, IN, OR NOT HAVING TO FOLLOW THE STEPS IN, IN THEIR RULE FOR WHEN THAT RELIABILITY THRESHOLD IS CROSSED. SO, UM, THAT IS AN ITEM OF CONCERN, UM, TO THE EXTENT THAT THE STUDIES, UM, THAT ARE REQUIRED BY THIS PROCESS DEMONSTRATE THAT THERE'S A, UM, YOU KNOW, A A LACK OF MEETING THAT RELIABILITY [04:45:01] THRESHOLD, BUT THE OVERALL PROCESS IS IMPROVING AND THAT SITES ARE GENERALLY MAXIMIZED. UM, YOU KNOW, WE, WE MIGHT HAVE MISSED THE MARK WITH THE SETTING THAT THRESHOLD. SO THIS IS, UM, A SLIDE FROM A RECENT ERCOT PRESENTATION TO THE BOARD THAT SHOWS RECENT IBR RIDE THROUGH EVENTS. THIS IS THE COPY AND PASTE OF THAT SLIDE TO SHOW THAT, UM, YOU KNOW, GENERALLY THESE EVENTS, UM, HAVE BEEN LOW. UM, THIS IS A COPY AND PASTE FROM A VERY RELEVANT SECTION OF THE COMMISSION RULE ON THIS TOPIC, 2,507. AND THIS IS WHAT ERCOT HAS TO DO, UM, AROUND EXEMPTIONS, UM, EXEMPTIONS OF THE CONDITIONS. SO THIS IS EXTENDED INTO THE SECOND PAGE. I APOLOGIZE FOR COPYING AND PASTING THIS, BUT, BUT THIS IS THE KEY POINT FOR PEOPLE TO UNDERSTAND WHAT'S GONNA HAPPEN NEXT. SO, UM, ER A HAS TO PROVIDE, UM, AN ASSESSMENT, A LIST OF ASSUMPTIONS, UM, AS WELL AS THE DETAILS THAT, YOU KNOW, AFFECT ITS DECISION. AND THEN IT HAS TO GRANT AN EXEMPTION IF THERE IS NO THRESHOLD RELIABILITY RISK, UM, OR GRANTING SEVERAL EXEMPTIONS, UM, BY SEVERAL ENTITIES. AND THEN IT MAY GRANT AN EXEMPTION WITH CONDITIONS IF DOING SO WOULD NO LONGER RESULT IN A RELIABILITY RISK. SO IF THE RISK ONLY OCCURS UNDER CERTAIN CONDITIONS. YEP. GO AHEAD. [18. Combo Ballot (Vote)] I I NEED TO PAUSE YOU. I HATE TO DO THIS, BUT I WANNA DO IT BEFORE THREE. YEP. WE SORT OF BARELY HAVE QUORUM RIGHT NOW. I APPRECIATE THAT. SO I'D LIKE TO, IN, IN CASE SOMEBODY HAS, IN CASE MORE PEOPLE ARE DROPPING FOR CONFLICTS AT THREE, IF WE COULD JUST, I GET IT. LET'S, I'D BE HAPPY TO THE COMBO TO BREAK THE TA BALLOT. YEAH, NO PROBLEM. OKAY. UM, I NEED THE ATTENTION. WE'RE GOING MAXIMIZATION, NO . SORRY ERIC. NO, IT'S OKAY. SHENANIGAN. THERE'S NOTHING MORE IMPORTANT THAN THE COMBO BALLOT. IT'S A LITTLE SHENANIGAN. UM, OKAY. UH, SO WE'RE TRYING TO GET THE COMBO BALLOT, UM, ESPECIALLY JUST AHEAD OF THE TOP OF THE HOUR, UM, THE ITEMS AROUND THE SCREEN. COULD WE GET A MOTION AND A SECOND MOTION? SO MANY MY BEST. SOMEBODY BRIAN, SECOND FROM BRIAN SAMS, WE CAN PULL ANY OF THESE OFF FOR INDIVIDUAL BALLOTS IF FOLKS OKAY. THAT'S NOT FUNNY THAT, THAT'S MY ROLE, THAT'S MY JOB. AND SUSIE, KEEP ME HONEST. I NEED TO UPDATE THIS WITH SOME CHANGES. SO WE LOST BILL BARNES. SO CHRIS HENDRICKS HAS LOST HIS REP, BUT JENNIFER IS UNFORTUNATELY, NO, YOU DON'T GET TO BANK YOUR, UH, COREY, IF I CAN HELP YOU, UH, BILL BARNES GAVE HIS PROXY TO JENNIFER UP THERE. YEP. AND THEN DAVID KEY IS TO DIANA. Y YOU HAD THAT BACKWARDS FOR IRA. OH, SORRY, YEAH. BILL'S GIVEN TO JENNIFER, BUT YOU'RE CORRECT ON NOTHING FOR CHRIS HENDRICKS. DIANA COLEMAN. OKAY. AND THAT WAS IT, RIGHT? NO, YES. ADDITIONAL EMAILS IN THE LAST, WELL, ONE, NONE OF THE PROXY, BUT, UM, WE LOST JOSE AS WELL IN THE MUNICIPAL SEGMENT. OKAY. HE WILL NOT BE PARTICIPATING. GOTCHA. OKAY. WELL THEN WE WILL START THE, UH, BALLOTING FOR OUR COMBO, UH, UP WITH THE CONSUMERS, WITH GARRETT. YES, SIR. THANKS SIR. MIKE? YES. THANK YOU. MARK DREYFUS. YES. THANK YOU, NICK. YES, THANK YOU. MOTION AGAIN AGAINST PULLING EVERYTHING TO THE INDIVIDUAL. BETH. YES, THANK YOU WILL. YES, THANK YOU. UNDER OUR CO-OPS, BLAKE? YES. THANK YOU, KYLE. YES, PLEASE. THANK YOU. MIKE. YES. THANK YOU LUCAS FOR JOHN. YES, THANK YOU. THANK YOU. INDEPENDENT GENERATORS. NED? YES. THANK YOU. THANK YOU. BRIAN. YES, CAITLIN? YES. THANK YOU KAITLYN FOR BOB? YES, THANK YOU. ONTO OUR IPM, SETH. YES. THANK YOU, REMI. A LOT MORE PROXIES THAN ALL REPS. COME ON. RASH. YES. THANK YOU. IAN. YES, THANK YOU, COREY. [04:50:01] THANK YOU, JEREMY. YES, THANK YOU. THANK YOU. ONTO OUR IRES. OKAY. JENNIFER, FOR BILL? YES. AND THEN JENNIFER, FOR YOUR YOURSELF ALSO. YES. THANK YOU. AND THEN HAIL MARY IF CHRIS HENDRICKS WAS ABLE TO JOIN US, NOT, HOW ABOUT J? YES, THANK YOU. THANK YOU. OOPS. ANDRE IOUS. MARTHA? YES. THANK YOU KEITH. KEITH, NICKS YOU WITH, I GOT YOUR YES IN CHAT, KEITH. THANK YOU. EBY. YES. THANK YOU. THANK YOU. AARON. YES, THANK YOU. THANK YOU. UNDER MUNIS, DIANA FOR DAVID. YOU WITH US? DIANA, I CAN TAKE YOU IN CHAT AND SAID WE LOST JOSE ABOUT CURTIS. YES. THANK YOU. AND THEN FAYE FOR ALICIA. YES. THANK YOU. THANK YOU. AND THEN LAST CALL FOR DIANA. A MOTION CARRIES UNANIMOUSLY. THANK Y'ALL FOR THAT. RETURN YOU BACK TO THE CAPABLE HANDS. 27 VOTES. THE, THE PROXIES DON'T COUNT. DIANA KORUM. AH. OH, DIANA'S AVAILABLE. DIANA, HOW DO YOU VOTE? . . I VOTE YES. SORRY ABOUT THAT GUYS. ALL RIGHT, WE'LL I'LL MAKE SURE THAT RECORDS THAT IN THE OFFICIAL BALLOT. OKAY. , YES. PUT THAT, UH, ALRIGHT. [16. Feedback from IBRs on NOGRR245 Implementation (Part 2 of 2)] UM, SO CIRCLING BACK TO, I KNOW, UH, EVERYONE'S FAVORITE SECTION OF 25, THAT 5 1 7, UM, A AND BI JUST COVERED. SO THERE'S THE MUST GRANT EXEMPTION PROCESS MAY GRANT WITH CONDITIONS, AND THEN CARRYING ONTO THE NEXT PAGE, UM, OOPS. UM, C IS MAY GRANT AN EXTENSION WITH CONDITIONS, AND THEN D IS MUST DENY AN EXEMPTION REQUEST IF IT'S ASSESSMENT IDENTIFIES THAT A THRESHOLD RELIABILITY RISK WOULD RESULT FROM GRANTING THE EXEMPTION OR IF APPLICABLE, GRANTING SEVERAL EXEMPTIONS REQUEST BY MULTIPLE RESOURCE ENTITIES THAT CANNOT BE ELIMINATED BY IMPOSING CONDITIONS. SO THERE'S THE MAY IF YOU COULD GRANT CONDITIONS AND THE MUST IF YOU CAN'T. UM, AND THEN IT CAN BE LIMITED TO A PERIOD IDENTIFIED BY ERCOT. UM, AND THEN, UM, NEXT UP IS THAT DEFINITION FOR WHAT IS THE THRESHOLD RELIABILITY RISK. UM, IT'S ONE OR MORE OF THE FOLLOWING INSTABILITY, CASCADING OUTAGES UNDER CONTROL SEPARATION, AND THEN THE LOSS OF GENERATION CAPACITY GREATER THAN 500 MEGAWATTS IN AGGREGATE FROM ONE OR MORE RESOURCES OTHER THAN THE RESOURCE WHICH THE EXEMPTION IS GRANTED. SO IN OTHER WORDS, YOU CREATE AN IMPACT ON SOMEONE OTHER THAN YOURSELF, EITHER AS A GENERATOR OR AS YOU KNOW, A, A LOAD THAT WAS MORE THAN 300 MEGAWATTS OR EQUIPMENT DAMAGE. UM, SO, UH, I, I DO THINK, LIKE I SAID, UH, BEFORE THE COMBO BALLOT BREAK, THAT THERE IS SOME RISK THAT SOME SITES, YOU KNOW, WILL TRIGGER THIS, UH, IN OUR CUT STUDIES, UH, OR STUDY. AND, UM, UM, THAT'S KIND OF DESPITE THE, THE TREND OF, YOU KNOW, MAXIMIZATION AND, YOU KNOW, LOWER INSTANCES, YOU KNOW, THAT WE'VE SEEN OF THIS RISK ON THE GRID. UM, JUST WANNA QUICKLY POINT OUT THAT THE APPROACH, UM, THAT ERCOT IS TAKING FOR LOADS IS, UH, DIFFERENT. AND I WOULD ARGUE IT'S IMPROVED BASED ON LESSONS LEARNED, WHICH I APPRECIATE. UM, I KNOW THERE'S STILL SOME DEBATE OBVIOUSLY ABOUT THE SPECIFIC REQUIREMENTS FOR LOADS AND WHETHER OR NOT, YOU KNOW, IT'S APPLICABLE, THERE'S A LEGAL ARGUMENT, BUT IN TERMS OF SETTING THE REQUIREMENT, UH, ERCOT HAS DONE A STUDY TO SHOW, UM, FIRST, UH, HOW MUCH RISK THERE IS IN THE SYSTEM AT DIFFERENT LEVELS AND WHAT CAN IMPROVE IT. AND THEN, UM, IT IS LOOKING AT SETTING THE REQUIREMENTS BASED ON THAT RELIABILITY STUDY THAT CAME FIRST. UM, SO, YOU KNOW, WE, WE WANT TO SUGGEST, UM, SEVERAL DIFFERENT APPROACHES AND NEXT STEPS, AND I THINK THIS WOULD BE USEFUL TO HAVE A CONVERSATION AROUND, ALTHOUGH I APPRECIATE THAT PEOPLE ARE, ARE READY TO GO HOME. [04:55:01] AND SO, YOU KNOW, I, I ACKNOWLEDGE THAT AND, AND HOPE WE CAN EN ENGAGE IN SOME WAY, IF NOT TODAY AT SOME OTHER TIME. BUT, YOU KNOW, I, I MENTIONED THAT THERE'S, UM, MODELS THAT, UM, ARE NOT IN THE FORMAT THAT ERCOT WANTS. UM, AND MAYBE THERE ARE EVEN MODELS THAT WEREN'T SUBMITTED. AND SO WE HOPE THAT ERCOT CAN USE THE BEST AVAILABLE MODELS IN ORDER TO KIND OF RUN THE STUDY THAT KIND OF BEST REFLECTS THE SYSTEM AND TRIES TO HAVE AN ACCURATE SET OF MODELS TO THE EXTENT POSSIBLE, EVEN IF, YOU KNOW, NOT EVERY RESOURCE MET ALL OF THEIR OBLIGATIONS OR, UM, YOU KNOW, NOT EVERY OEM SUBMITTED IN THE FORMAT THAT ERCOT DESIRES. UM, TRY TRY TO HAVE AN ACCURATE MODEL. UM, AND THEN, UH, IN THE PAST, UM, I DON'T KNOW HOW MANY PEOPLE WERE AROUND FOR THAT, BUT WHEN, UM, ERCOT AND THE STAKEHOLDERS WORKED TOGETHER ON REACTIVE REQUIREMENTS AND PRIMARY FREQUENCY, I MEAN, UM, YEAH, UM, PRIMARY FREQUENCY RESPONSE, PFR, UM, THE, UM, THE APPROACH WAS KIND OF A BACK AND FORTH COLLABORATION LOOKING AT THE OUTCOMES TUNING BASED ON THOSE OUTCOMES AND GETTING TO A BETTER OVERALL RESPONSE, UM, BY WORKING DIRECTLY WITH ERCOT STAFF ON ENHANCING THE CAPABILITIES OF OF THOSE GENERATORS. UM, WE'D ALSO ENCOURAGE A LOOK AT WHETHER OR NOT THE ODESSA ASSOCIATED FACILITIES AND THE ODESSA ONE, ODESSA TWO EVENTS, UH, HAVE HAD, UM, SETTINGS UPDATED, UM, BASED ON THE ASSESSMENT FROM NERC, UM, AND ERCOT ABOUT, YOU KNOW, WHAT LED TO THOSE ISSUES. HAVE WE FIXED THOSE ISSUES THAT LED TO THAT, UM, THOSE REPORTS BEING WRITTEN. UM, AND UM, TO, TO THE EXTENT THAT ISSUES HAVEN'T BEEN FIXED BY EVERY GENERATORS, THERE MIGHT BE SOME OLDER GENERATORS THERE OR GENERATORS WITH, UM, INVERTER MANUFACTURERS THAT ARE BUSINESS, HAVE THEM, HAVE THERE BEEN SUFFICIENT UPDATES IN ORDER TO RESOLVE THE ISSUES THAT OCCURRED AND MADE IT A SMALL ENOUGH PROBLEM. UM, AND THEN, YOU KNOW, GIVEN THE CONCERN I EXPRESSED ABOUT THE THRESHOLD RELIABILITY ISSUE, UM, YOU KNOW, WE ENCOURAGED TO LOOK AT OTHER RELIABILITY CRITERIA AS SENSITIVITIES IN THAT TEST THAT ERCOT DOES ON THE STUDIES TO SEE, YOU KNOW, WHAT LEVEL OF RISK DO THEY THINK PRESENTLY MIGHT EXIST IF AND IF THE SYSTEM CAN MANAGE HIGHER THRESHOLD RISK THAN IS, UH, IDENTIFIED IN THE THRESHOLD RISK SECTION OF THE SECTION, THAT CAN AT LEAST BE A SENSITIVITY, EVEN IF THEY'RE REQUIRED TO EVALUATE BASED ON THAT THRESHOLD RISK. UM, ALSO SOME OF THOSE CRITERIA IN THAT THRESHOLD RISK WERE, UM, BASED ON NERC REQUIREMENTS AND THOSE NERC REQUIREMENTS AND OTHER NERC REQUIREMENTS LOOK FOR A 15 MINUTE, UH, INCIDENT OR A 30 MINUTE INCIDENT RATHER THAN JUST INSTANTANEOUS INCIDENT. AND SO WE ENCOURAGE, YOU KNOW, AT LEAST LOOK FOR A 15 MINUTE INCIDENT AS, AS ONE WAY TO CONSIDER THE OUTCOMES OF THOSE STUDIES. UM, ESPECIALLY OF ERCOT AS THEY EVALUATE, BELIEVES THAT THE OVERALL RELIABILITY RISK HAS BEEN IMPROVED. UM, AND THEN, UM, THE CONDITIONS ARE A REALLY POWERFUL TOOL THAT ERCOT HAS THAT IF YOU REMEMBER FROM THE COPY AND PASTE FROM THE RULE, THAT'S WHERE YOU GET FROM THE MAY GRANT AND EXEMPTION OR EXTENSION TO MUST DENY, IS IF YOU CAN USE, UH, CONDITIONS TO ALLEVIATE THE PROBLEM. SO, UH, ONE OF THE, UH, IDEAS THAT WE HEARD ERCOT DISCUSSED DURING THE NOGA 2 45 DEBATES WAS CONDITIONS BASED ON THE LEVEL OF IBR PENETRATION. UM, AND IF IT COULD LEAD TO, UM, YOU KNOW, CONCERN, SO PERHAPS, YOU KNOW, IF ERCOT IS CONCERNED IS ABOUT CASCADING OUTAGES, ULTIMATELY, UM, THEN WHAT LEVEL CAN YOU STAY AT BELOW FOR THAT RISK TO BE, YOU KNOW, ELIMINATED, YOU KNOW, BASED ON THE RESOURCES THAT ARE UNABLE TO RIDE THROUGH TO THE DEGREE THAT ERCOT WANTS. SO THIS IS A SIMILAR APPROACH TO WHAT ERCOT HAS DONE FOR THE LOAD SIDE. WE'VE SET THE SOL AND THEN EVALUATE, UM, YOU KNOW, POTENTIAL IMPACTS AND REDUCTIONS IN LOAD CONSUMPTION BASED ON THAT SOL. AND SO, YOU KNOW, IT, IT DOES SEEM TO BE A LESSONS LEARNED THERE THAT WE COULD APPLY, YOU KNOW, LOOKING BACKWARDS. AND THEN FINALLY, THERE ARE [05:00:01] SECTIONS OF NOGA 2 45 THAT, UM, IS THE ACTIONS TO BE FOLLOWED FALLING AT APPARENT RIGHT THROUGH FAILURE. UH, THAT INCLUDE INCLUDES LIKE A EVALUATION, A CORRECTIVE ACTION PLAN, AND THOSE ARE PRETTY THOROUGH AND ROBUST. AND SO WE ENCOURAGE ERCOT TO THE EXTENT THEY HAVE UNCERTAINTY AROUND GRANTING CONDITIONS TO RELY ON KNOWING THAT THOSE CORRECTIVE ACTION PLANS WILL BE DONE AND THOSE EVALUATIONS WILL BE DONE IF AN EVENT ACTUALLY OCCURS. UM, AND THEN LAST SLIDE, UH, THE LAST PRESENTATION OF THE DAY, UM, IS LONGER TERM, YOU KNOW, TO THE EXTENT THAT MY HYPOTHESIS IS TRUE, THAT THE RELIABILITY THRESHOLD DOES RESULT IN UNNECESSARY IMPACTS ON IBR AND BASED ON AN ENGINEERING JUDGMENT, WE MIGHT WANNA REVISIT THAT, THAT RISK LEVEL JUST TO SEE IF IT NEEDS TO BE DIFFERENT. UM, THERE'S ALSO, WE HAVE RELATIVELY STRICT MODELING RULES, UM, THAT LEAD TO PEOPLE, UM, YOU KNOW, HAVING HESITATION AROUND, UM, MODELING AND BEING UNCERTAIN AROUND WHAT IS REQUIRED OR TAKING CERTAIN ACTIONS BECAUSE OF THE STRICT MODELING RULES. SO, YOU KNOW, THERE ARE RULES AROUND MIXED TECHNOLOGIES OF, YOU KNOW, DIFFERENT INVERTERS OF DIFFERENT CAPABILITIES IN ORDER TO HAVE, YOU KNOW, MODEL STANDARDIZATION. BUT NOW THAT WE HAVE POI REQUIREMENTS FOR MODELS, MAYBE WE CAN REVISIT THAT. UM, AND THEN, UM, AN OVERALL STRATEGIC APPROACH TO MODELING I THINK IS REALLY IMPORTANT, EVEN THOUGH I KNOW THIS IS IN, YOU KNOW, IN THE WEEDS. UM, YOU KNOW, A RECENT EXAMPLE FROM UM, IS, UH, IN PIGGER 1 44, UH, THAT WAS JUST FILED LAST WEEK, THAT WOULD REQUIRE LOADS TO GO THROUGH A RE STUDY IF THEY UPDATED THEIR MODELING IN SOME SITUATIONS. AND THAT RE STUDY LEADS TO DELAYS. AND SO THEY MIGHT BE RELUCTANT TO, YOU KNOW, UPDATE THEIR FACILITIES TO BE IMPROVED BECAUSE OF THAT RE-STUDY RISK. AND SIMILARLY HERE, IF THERE'S A RISK THAT UPDATING MODELING MODELS TO BE MORE PRECISE, TO BE MORE ACCURATE, COULD RESULT IN A LOSS OF AN EXEMPTION, UM, THEN THEY MIGHT BE RELUCTANT TO UPDATE A FACILITY THAT WOULD UPDATE THE MODEL BECAUSE OF THE IMPACT ON THE, AN EXEMPT 70 GRAND IN THE FUTURE. AND THEN LASTLY, UM, YOU KNOW, WE, WE THINK THE MAXIMIZATION CONCEPT WAS REALLY GOOD AND DROVE OUTCOMES, BUT LOOKING BACK IT WAS KIND OF, UM, NOT PRECISELY DEFINED. AND SO IT WAS DIFFICULT TO TARGET FOR, YOU KNOW, FROM AN ENGINEERING PERSPECTIVE WHERE THEY LIKED TO HAVE A SPECIFIC REQUIREMENT TO DESIGN TO. UM, AND SO IT MIGHT BE USEFUL TO KIND OF BE MORE PRECISE ABOUT EXPECTATIONS FOR MAXIMIZATION. UM, SO ENGINEERS HAVE MORE CONFIDENCE IN, UM, THE ACTIONS THEY TAKE IN ORDER TO MAXIMIZE IN THE FUTURE AND TO KEEP SITES MAXIMIZED. UM, SO OVERALL KIND OF IN SUMMATION, UM, I, I THINK THERE'S BEEN SUBSTANTIAL, UH, UPDATES, UM, FROM IBR, UM, OWNERS AND OPERATORS, UM, THAT HAVE LED TO SIGNIFICANT, UM, IMPROVEMENTS SITES THAT DIDN'T EXPECT TO BE ABLE TO MEET LEGACY REQUIREMENTS FOUND THROUGH A CAREFUL ANALYSIS AND A RIGOROUS ANALYSIS THEY COULD DO. SO THAT'S A GOOD OUTCOME. THAT OUTCOME CAME BECAUSE ERCOT PUT A LOT OF PRESSURE ON THOSE IBR OWNERS TO MAKE SURE THAT THEY DID WHAT THEY HAD TO DO AND IT RESULTED IN SERIOUS EVALUATIONS, UM, AND AN IMPROVED GRID. AND SO I, I THINK WE CAN BE PROUD OF THAT OUTCOME AND, UM, TRY TO MOVE FORWARD BASED ON THAT. UM, THEN ANYTHING THAT FAILS, LET'S EVALUATE THE ACTUAL RISK, UM, THAT IS THERE FROM A RELIABILITY OR OPERATIONAL PERSPECTIVE. WITH THAT, I'M HAPPY TO ANSWER ANY QUESTIONS OR, YOU KNOW, HAVE A, ANOTHER TIME TO TALK ABOUT NORE 2 45 MODELING AND PEOPLE DON'T WANNA TALK ABOUT IT RIGHT NOW. , WHAT, WHAT DO YOU WANT FROM US? I, I WANTED TO GIVE THIS PRESENTATION. I KNOW THERE'S A LOT OF CURIOSITY ABOUT THIS TOPIC, AND, UM, SO I'D, I'D BE HAPPY JUST FOR THIS, THE OPPORTUNITY I'VE GIVEN IT. UM, I'D BE HAPPY TO ANSWER ANY QUESTIONS. UH, PEOPLE WANNA THINK ABOUT IT. I KNOW IT'S, PEOPLE ARE A LITTLE BURNED OUT RIGHT NOW AT THIS STAGE IN THE MEETING, SO IF PEOPLE WANNA FOLLOW UP OFFLINE AND WE CAN TALK AGAIN LATER. ANYTHING THAT PEOPLE WANNA DO, I JUST WANTED A CHANCE TO KIND OF GIVE THIS PERSPECTIVE. OKAY. SO NO LIKE SPECIFIC FOLLOW UP OR ACTION ITEM AT THIS TIME? [05:05:01] JUST NOT AT THIS TIME. SHARE AND REACT. YEAH, THIS IS JUST COMMUNICATION. OKAY. AND ANDY, DID YOU WANNA ADD ANYTHING OR DO YOU JUST WANNA VOLUNTEER WHEN YOU'RE READY TO ADD SOMETHING? YEAH, I MEAN, THE ONLY THING I WOULD ADD IS THAT, YOU KNOW, THE CRITERIA AND THE RELIABILITY THRESHOLDS ARE IN THE RULE, SO WE CAN'T NOT USE THEM. BUT OTHER THAN THAT, I MEAN, I THINK, YOU KNOW, WE'VE, WE'VE BEEN WORKING REALLY HARD. I MEAN, I CAN ATTEST FOR MARIO'S TEAM AND MYSELF THAT, YOU KNOW, SINCE APRIL WE'RE WORKING 50 AND 60 HOUR WEEKS TO GO THROUGH ALL OF THIS STUFF. SO, YOU KNOW, WE'RE GETTING THERE, BUT WE CAN'T CHANGE THE PUC RULE. OKAY. MARK BRUCE? HEY, CAITLYN, IS MY AUDIO OKAY? YEP. IT'S GREAT. YOU'VE GOT LIKE INCREDIBLE BASE RIGHT NOW, . IT'S, IT'S ALL ABOUT THAT BASE. SO, UM, YEAH, I, I WON'T BELABOR THE POINTS, ALTHOUGH I'M ALWAYS TEMPTED TO DO SO, AND I HAVE A HUNDRED QUESTIONS, BUT I'LL SAVE THEM FOR ANOTHER TIME. I JUST THINK, UM, CAITLIN, YOU KNOW, THE, AS AS YOU KNOW, SOMEONE WHO REPRESENTS AN IVR OWNER IN THIS CASE PATTERN ENERGY, WHICH OPERATES, OWNS, AND OPERATES FIVE IVRS IN THE ERCOT SYSTEM, UM, YOU KNOW, THE TENOR OF THE BOARD DISCUSSION WAS JUST MISSING SOME IMPORTANT, UH, INFORMATION, SOME IMPORTANT PERSPECTIVE. AND, YOU KNOW, THE CONVERSATION THAT WAS HAD, UM, STRUCK ME AS, AS QUITE ALARMING. I MEAN, SO MUCH SO THAT I WENT BACK TO MY CLIENT AND I'M LIKE, LOOK MAN, YOU GOTTA LISTEN TO THIS AND YOU GUYS NEED TO PULL TOGETHER A LIST OF LIKE ALL THE WORK THAT YOU'VE DONE AND THE RESOURCES YOU'VE EXPENDED AND, YOU KNOW, LET'S BE SURE WE'RE CURRENT ON YOUR, YOUR PROGRESS HERE. AND YOU KNOW, WHAT THEY BROUGHT BACK TO ME IS, IS REALLY QUITE AN IMPRESSIVE WORK EFFORT TO BE A RESPONSIBLE MARKET PARTICIPANT AND TO ACHIEVE THE BEST OUTCOMES THAT THEY CAN RELATIVE TO THIS NEW COMPLIANCE REGIME. UM, I DON'T KNOW, YOU KNOW, KAITLYN, WHAT IS REALLY APPROPRIATE, YOU KNOW, FOR TACT LEADERSHIP TO CONTRIBUTE WHEN THE BOARD HAS A DISCUSSION LIKE THAT. I KNOW THAT ERCOT STAFF IS OBVIOUSLY LIMITED IN THOSE INSTANCES BECAUSE THEY CAN'T SPEAK FOR INDIVIDUAL MARKET PARTICIPANTS. THEY, UM, YOU KNOW, CAN'T SPEAK FOR, YOU KNOW, THE OEMS OR, YOU KNOW, THEY DON'T, THEY HAVE LIMITED VISIBILITY INTO ALL OF THE ISSUES IN THE FULL GLOBAL SUPPLY CHAIN THAT'S WRAPPED AROUND GETTING UNITS COMPLIANT WITH THIS STANDARD. UM, BUT THERE WAS A SERIOUS LACK OF CREDIBLE INFORMATION ABOUT REAL EXPENDITURE RESOURCES, ABOUT REAL CHALLENGES IN A GLOBAL SUPPLY CHAIN. UM, AND YOU KNOW, AND WE'RE LEFT WITH SOME PRETTY PERHAPS DIRE CONSEQUENCES, YOU KNOW, AS, AS ERIC HAS, HAS HINTED AT THROUGHOUT HIS PRESENTATION. AND SO I DON'T KNOW WHAT THE PROPER ROLE FOR YOU OR TAC LEADERSHIP OR, YOU KNOW, OPPORTUNITY IN THE BOARD STRUCTURE FOR, YOU KNOW, STAKEHOLDER INPUT THERE. BUT THAT WAS NOT AN INFORMED DISCUSSION. THAT WAS NOT A HELPFUL DISCUSSION. UM, WOULD BE GREAT IF WE COULD AVOID HAVING THAT KIND OF DISCUSSION GOING FORWARD. SO I WOULD LIKE TO SEE THIS TOPIC KIND OF BROUGHT BACK UP IN SOME FASHION DOWNSTREAM, YOU KNOW, MAYBE WE NEED A GROUP ON THE SIDE TO KIND OF WORK THIS IN, DO SOMETHING ACTIONABLE OR DELIVERABLE. UM, I DON'T KNOW EXACTLY WHAT THAT WOULD BE TODAY. UM, BUT I'M REALLY GLAD, ERIC, THANK YOU FOR GETTING THIS ON THE AGENDA FOR THE JOINT COMMENTERS FOR PUTTING THESE THOUGHTS OUT HERE. UM, IT'S AT LEAST A GOOD STARTING PLACE AND HOPEFULLY THERE'S A FLAG IN THE GROUND THAT, YOU KNOW, WHAT WAS MISSING FROM THE PRIOR EXECUTIVE LEVEL DISCUSSIONS IS PRETTY IMPORTANT AND UH, AND SOMEBODY NEEDS TO BRING SOMETHING FORWARD ON THAT. YEAH, I THINK, YOU KNOW, THAT'S, THAT ARE ALL POINTS WELL, WELL TAKEN. UM, WE, I THINK THE OPPORTUNITY IS TO DISCUSS IT HERE AND, AND MAYBE NOT NOW AS IT'S LATE AND THEN BE ABLE TO RELAY THAT, YOU KNOW, THE, THE BOARD HAS CONTINUED TO ASK FOR AND THE CASE OF REVISION REQUESTS, YOU KNOW, REASONS AROUND NO VOTES BECAUSE I, I THINK THEY KNOW WHEN THEY GET A ERCOT SPONSORED REVISION REQUEST, THAT'S SORT OF THE ERCOT STORY AND THEY, THEY DO WANT TO HEAR THE STAKEHOLDER STORY. UM, SO, SO I THINK THAT THE TWO WAYS I [05:10:01] WOULD SAY ARE EITHER WE HAVE A DISCUSSION TAC AND THEN I REPRESENT THAT DISCUSSION TO THE BOARD OR IT, IT DOES SEEM TO ME LIKE THE, THESE ISSUES ARE, ARE PRETTY SPECIFIC SORT OF COMMERCIALLY IMPACTFUL ISSUES TO JUST A CERTAIN SUBSECT OF A SEGMENT. RIGHT? SURE. AND ERIC, YOU AND AND JOINT COMMENTERS HAVE PRESENTED TO THE BOARD ABOUT 2 45 BEFORE, SO IT MAY BE SOMETHING WHERE IT MAKES MORE SENSE FOR, FOR US TO FIND A WAY FOR YOU GUYS TO DIRECTLY PRESENT TO THE BOARD AND INSTEAD OF ME REPRESENTING A STAKEHOLDER DISCUSSION OR, OR SOME COMBINATION OF THAT, I'D BE HAPPY TO TAKE WHATEVER ADVICE YOU HAVE OR WHATEVER THE BOARD DESIRES AND CONTINUE THE CONVERSATION. IT, IT MIGHT BE HELPFUL TO BOTH DO IT AT THE BOARD LEVEL AND ALSO AT ROSS OR THE IBR WORKING GROUP AND, AND MAYBE BOTH DIRECTIONS AT THE SAME TIME. YEAH, YOU KNOW, WE, AND I HAVE, AND MARTHA AND I DO BRIEFINGS AND WE, WE HAVE BEEN ASKED ABOUT 2 45 COMPLIANCE. WE JUST, YOU KNOW, I DON'T REALLY HAVE THE PERSONAL COMPANY KNOWLEDGE ABOUT DIFFICULTIES OR, OR RESEARCH OR, YOU KNOW, COMMERCIAL DECISIONS THAT GO INTO IT. UM, I'M, I'M HAPPY TO TAKE THAT FEEDBACK AND THEN REPRESENT IT, BUT IT, IT PROBABLY MAKES MORE SENSE FOR THOSE COMPANIES TO REPRESENT IT THEMSELVES. I'D BE BE HAPPY TO DO THAT IF INVITED BY THE BOARD TO DO SO. OKAY. WHY DON'T WE RE UM, MARTHA AND I MAYBE TALK TO REBECCA AND, AND SEE, OKAY. THANK YOU SO MUCH, UH, TAC AND TAC LEADERSHIP. UM, CONGRATULATIONS ON GETTING TO OTHER BUSINESS WITH, WITH NO QUORUM ANYMORE, I'M SURE. [17. Other Business] ALL RIGHT. ACTION ITEMS. DO IT. YEAH, I THINK WE ACTUALLY GOT THIS SQUARED AWAY EARLIER BETWEEN THE ROSS AND WMS UPDATES. SO I, I THINK WHERE WE LANDED ON THAT IS TO SAY THAT ITEM TWO UH, CAN BE REMOVED AND THEN AT SOME POINT IN THE FUTURE IF BRIAN OR SOMEONE ELSE WANTS TO BRING AN ITEM RELATED TO EPA REGULATIONS TO US, WE CAN ENTERTAIN THAT AND ASSIGN SOMEBODY TO IT. THAT'S ALL I HAVE. OKAY. OKAY. THAT WORKS FOR ME. I DO THINK WE LOST KEITH, BUT TO THE EXTENT WE NEED AN ACTION ITEM THAT'S SORT OF THE THROUGH LINE OF ALL THE KIND OF PRICE FORMATION FAR WEST TYPE STUFF, WE, WE SHOULD HAVE THAT SO THAT WE'RE NOT JUST, YOU KNOW, CHECKING THE BOX ON EACH NPRR 'CAUSE I, YOU KNOW, THERE'S, THERE'S PREVENTATIVE STEPS WE WANNA TAKE. UM, SETH IS THE CHAMPION OF THAT , WHICH I DECIDED, BUT, UM, YOU KNOW, SO, SO MAYBE THAT'S SOMETHING TO THINK ABOUT. LANGUAGE FOUR, THAT'S PROBABLY A SETH KEITH BLAKE PROJECT. OKAY. UM, WE DON'T HAVE MUCH OF A CROWD ANYMORE, UH, UNDER OTHER BUSINESS. I WAS ALSO GONNA RAISE, WE DO NOT THIS YEAR HAVE A BIENNIAL STAKEHOLDER WORKING GROUP REVIEW. UM, BUT I WOULD SUGGEST THAT MAYBE AFTER THE JUNE BOARD, MAYBE JULY TECH, WE, WE JUST DO A CHECK IN ON, ON ANY CHANGES WE MIGHT WANNA MAKE ON. WE HAVE SORT OF A LOT OF NEW WORK, UM, AND THE BATCH LOAD STUFF, YOU KNOW, IF, IF THAT NEEDS, I DON'T KNOW HOW WE WANT TO ADDRESS THAT OR IF WE NEED A TASK FORCE OR IF LLWG NEEDS TO BE ADJUSTED AFTER BATCH ZERO. I RAISED MY REALLY GREAT IDEA ABOUT ANCILLARY SERVICE WORKING GROUP. SO TIKA DOESN'T HAVE TO GO ON, YOU KNOW, A FOUR COMMITTEE ROAD SHOW EVERY MONTH. UM, SO MAY MAYBE JUST TO CHECK IN IN JULY ABOUT, YOU KNOW, WHERE WHERE WE STAND AND IF WE WANNA INVESTIGATE ANYTHING FURTHER. I'LL, I'LL, I'LL TOSS ANOTHER ONE OUT THERE. IT'S THE, THE RETHINKING AS WE'RE BUILDING FACILITIES TO ACCOMMODATE LARGE LOADS AND THE INTERACTION BETWEEN THAT AND RPG AND THE PLAN. SO I, I DON'T KNOW HOW ALL OF THOSE PIECES ARE GOING TO FIT TOGETHER, BUT I THINK THAT THERE'S THE OPPORTUNITIES FOR SOME IMPROVEMENTS THERE. YEAH, I, YOU KNOW, WE, WE GET, I GET A LOT OF QUESTIONS ABOUT RPG IN THAT, WHICH IS AN AN AWKWARD, IT'S AN AWKWARD POSITION GO THROUGH TAC YEAH. FROM TECH RPG IS ITS OWN THING, BUT AS STAKEHOLDERS WE KNOW WE'RE GOING TO, YOU KNOW, AND IT CAME UP AS PART OF THE BATCH DISCUSSION IS THE INTERACTIONS BETWEEN, UM, WHAT COMES OUTTA BATCH STUDIES VERSUS WHAT, HOW DOES THAT [05:15:01] INTERACT WITH THE REGIONAL TRANSMISSION PLANNING PROCESS? ARE THEY ONE IN THE SAME? AND IF THEY'RE NOT, HOW DO YOU KEEP FROM RESTUDYING AS PART OF THE RTP? THERE'S SOME BIGGER QUESTIONS THERE THAT HAVE TO BE ANSWERED, AND I THINK MAY REQUIRE US TO RETHINK SOME OF HOW WE'VE BEEN, WE'VE BEEN HANDLING TRANSMISSION PLANNING SO FAR THAT, THAT'S A GOOD CALL. 'CAUSE THAT'S, YOU KNOW, IT DOESN'T REPORT TO TECH, BUT THAT'S PROBABLY THE GROUP I GET THE MOST QUESTIONS AND COMMENTS ABOUT. SO, UM, WE DON'T HAVE TO DO ANYTHING RIGHT NOW. I WAS THINKING ABOUT A DISCUSSION AT JULY TECH AND THEN, YOU KNOW, A FALL WORKSHOP IF WE WANT TO, BUT WE DON'T HAVE TO GO THROUGH THE WHOLE KIND OF SUBCOMMITTEE AND WORKING GROUP REVIEW PROCESS THAT WE DID LAST YEAR. OKAY. ALL RIGHT. UM, WE CAN ADJOURN A LITTLE BIT LATE. * 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.