* 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.
           RAISE ATTENTION. 
          [00:00:01]
WE'RE GONNA GO AHEAD AND GET STARTED. 
          SO, CHAD TELLS ME THAT WE'RE LIVE, UH, GOOD AFTERNOON, MEMBERS 
          [1. Call General Session to Order]
OF THE ERCOT BOARD OF DIRECTORS AND THE GAS. 
          I'M BILL FLORES ERCOT, BOARD CHAIR. 
          WELCOME TO THE SEPTEMBER 14TH AND 15TH 2026 BOARD OF DIRECTORS MEETING. 
          I, UH, CONFIRMED THAT A QUORUM IS PRESENT IN PERSON AND THEREBY CALL THIS, UH, CALL TO ORDER. 
          THIS MEETING, THE ERCOT BOARD OF DIRECTORS. 
          THIS MEETING IS BEING WEBCAST LIVE TO THE PUBLIC ON ER COP'S WEBSITE. 
          AT THIS TIME, I'D LIKE TO ASK IF PUBLIC UTILITY COMMISSION OF TEXAS CHAIR THOMAS GLEASON, WOULD LIKE TO CALL TO ORDER AN OPEN MEETING OF THE COMMISSION. 
          YES. 
          THANK YOU, MR. CHAIRMAN. 
          THIS MEETING THE PUBLIC UTILITY COMMISSION OF TEXAS WILL COME TO ORDER TO CONSIDER MATTERS THAT HAVE BEEN DULY POSTED WITH THE SECRETARY OF STATE FOR SEPTEMBER 14TH, 2026. 
          UH, THANK YOU CHAIRMAN GLEASON. 
          THE ANTITRUST ADMONITION, THE SECURITY MAP ARE INCLUDED WITH THE POSTED MEETING MATERIALS. 
          THE FIRST ORDER 
          [2. Notice of Public Comment, if Any]
OF BUSINESS ON TODAY'S AGENDA IS ITEM TWO. 
          NOTICE OF PUBLIC COMMENT, IF ANY. 
          TODAY'S MEETING AGENDA WAS POSTED PUBLICLY ON SEPTEMBER THE SEVENTH, AND INSTRUCTIONS WERE PROVIDED TO THE PUBLIC FOR COMMENTING IN PERSON. 
          THE BOARD RECEIVED SEVERAL WRITTEN COMMENTS WHICH ARE INCLUDED THE MEETING MATERIALS ALONG WITH SEVERAL REQUESTS TO COMMENT IN PERSON DURING, UH, THE 2027 ERCOT METHODOLOGIES FOR DETERMINING MINIMUM ANCILLARY SERVICES REQUIREMENTS. 
          UH, COMMENTERS INCLUDE KAITLYN SMITH, CHAIR OF THE TECHNICAL ADVISORY COMMITTEE, JEFF MCDONALD, DIRECTOR OF THE INDEPENDENT MARKET MONITOR, BETH GARZA, THE TECH REPRESENTATIVE FOR RESIDENTIAL CONSUMERS AND NED BONKOWSKI, VICE PRESIDENT REGULATORY AFFAIRS. 
          A REGULATORY POLICY FOR VISTRA. 
          ONE OR MORE REPRESENTATIVES OF THE TEXAS RELIABILITY EMPTY KNOWN AS TEXAS RE, WILL ALSO BE AVAILABLE TO COMMENT IN PERSON. 
          THE BOARD WILL TAKE UP THE IN-PERSON COMMENTS TOMORROW. 
          UNDER AGENDA ITEM 18. 
          CHAD, WE RECEIVED ANY OTHER COMMENTS? UH, ANY OTHER REQUESTS FOR COMMENT? NO OTHER REQUESTS FOR COMMENTS, CHAIR. 
          OKAY. 
          THANK YOU CHAD. 
          NEXT IS THE 
          [3. June 1-2, 2026 General Session Meeting Minutes]
AGENDA. 
          ITEM THREE, THE JUNE 1ST AND SECOND 2026. 
          GENERAL SESSION MEETING MINUTES. 
          THERE'S A DRAFT IN THE MEETING MATERIALS. 
          WOULD ANY BOARD MEMBER LIKE TO DISCUSS? IF NOT, I'LL ENTERTAIN A MOTION TO APPROVE THE JUNE 1ST AND SECOND 2026. 
          GENERAL MEETING MINUTES. 
          SECOND. 
          THANK YOU, CHRIS, FOR THE MOTION. 
          THE SECOND. 
          OKAY, JOHN AND KATHLEEN, UH, ALL IN FAVOR? AYE. 
          ANY OPPOSED? ANY ABSTENTIONS? THE MINUTES ARE APPROVED. 
          REBECCA 
          [4. High-Impact Policy Discussions in the Stakeholder Process]
ZER IS GOING TO DELIVER A LOOK AHEAD AT EMERGING DISCUSSIONS AND ISSUES IN AGENDA ITEM FOUR, HIGH IMPACT POLICY DISCUSSIONS IN THE STAKEHOLDER PROCESS. 
          REBECCA, PLEASE PROCEED AND RELUCTANTLY CONGRATULATIONS ON THE LONGHORNS VICTORY LAST SATURDAY. 
          . 
          THAT'S A GREAT GAME. 
          UM, THIS IS A LITTLE SLIGHTLY SHORTER DECK THAN WE'VE HAD THE LAST FEW CYCLES. 
          THE BOARD APPROVED QUITE A FEW ITEMS IN JUNE, AND WE'RE TRANSITIONING TO THE NEXT PHASE OF WORK, SPECIFICALLY WITH LARGE LOADS AND TRANSMISSION PLANNING. 
          UM, DO YOU WANNA HIGHLIGHT AND KEEP HIGHLIGHTING THESE FIVE COMMISSION PRIORITIES THAT WERE APPROVED IN THE 20 26 20 27 ERCOT AL BUDGETS? WE FILED A UPDATE TO THE PERFORMANCE MEASURES SEPTEMBER 1ST FOR Q3. 
          I REALLY WANNA HIGHLIGHT THIS BECAUSE THE PERFORMANCE MEASURES FILING IS A GREAT PLACE FOR, UM, TRACKING INCREMENTAL MILESTONES AND STATUS UPDATES OF THESE PRIORITY PROJECTS, ESPECIALLY SINCE RIGHT NOW THERE'S A LOT OF INTERPLAY AND WORKFLOWS BETWEEN THE PUC AND ERCOT STAKEHOLDER PROCESS. 
          UM, IT ALSO HAS IMPACTS OF THE POLICY DISCUSSION AT THE PUC ON THE TIMELINE EXPECTATIONS OF WHEN WE EXPECT REVISION REQUESTS TO BE SUBMITTED AND MOVE AT ERCOT. 
          THE FIRST KEY ITEM IS DRS IN JUNE, THE BOARD APPROVED NPRR 1309 AND NOIR 2 83. 
          THOSE WERE THE CORE STATUTORY FUNCTIONALITY FOR DRS. 
          THEY WERE APPROVED BY THE COMMISSION IN JULY, AND THEN THAT INTERNAL PROJECT KICKED OFF SHORTLY THEREAFTER. 
          THERE ARE STILL TWO CORE DRS RELATED ISSUES IN THE STAKEHOLDER PROCESS. 
          NPR 1310 IS TABLED AT PRS. 
          WE EXPECT IT TO REMAIN TABLED PENDING THE RELIABILITY ASSESSMENT. 
          THAT DEADLINE IS BEEN PUSHED OUT GIVEN THE, UM, THAT STUDY AUDIT AND VERIFICATION AND TIMING IMPLICATIONS OF THE LONG-TERM LOAD FORECAST. 
          THE NPRR 1340 IS THE NEW NPRR THAT CONSIDERS THE ERS, I'M SORRY, ESR ENERGY STORAGE RESOURCE FUNCTIONALITY. 
          WE DO EXPECT THAT ONE TO BE UP AT DECEMBER BOARD SO THAT, UM, STORAGE FUNCTIONALITY CAN BE APPROVED AND READY FOR GO LIVE WITH THE NPR 1309 FUNCTIONALITY. 
          THE LARGE LOAD ISSUES, UM, SB SIX CHART HAS A FEW UPDATES FOR THIS CYCLE. 
          WE DO EXPECT, UM, THE LARGE LUNER CONNECTION STANDARDS RULEMAKING TO BE APPROVED BY THE COMMISSION LATER THIS WEEK AT THE SEPTEMBER 18TH OPEN MEETING THAT WILL IMPACT DISCUSSIONS 
          [00:05:01]
REGARDING, UM, THE ONGOING BATCH STUDY PROCESS. 
          ORCA IS HOSTING A WORKSHOP ON OCTOBER 6TH THAT WILL RELATE TO THE SB SIX LARGE LOAD CURTAILMENT AND PROPOSED OPERATION FRAMEWORK AND REGISTRATION PIECES. 
          IT'S SUPPOSED TO TOUCH ON SOME OF THE COLOCATION ISSUES FROM NET METERING AND ONSITE BACKUP GENERATION DISCUSSIONS. 
          AND THEN THERE'S TWO RULEMAKINGS LEFT THAT WE EXPECT TO BE APPROVED BY THE END OF THE YEAR. 
          ONE IS THE LARGE LOW DEMAND MANAGEMENT SERVICE AND THE OTHER IS THE TRANSMISSION COST. 
          UM, RECOVERY RULEMAKING. 
          BOTH OF THOSE WE ARE WORKING WITH PUC STAFF ON TIMING OF REVISION REQUESTS THAT WILL RESULT FROM THOSE. 
          RULEMAKINGS. 
          NOT GONNA SPEND A LOT OF TIME ON THE BATCH STUDY AND COMPREHENSIVE TRANSMISSION PLANNING 'CAUSE I THINK THE NEXT TWO PRESENTATIONS WE'LL HIT ON THIS. 
          I DID WANNA HIGHLIGHT NOER 2 89. 
          THIS WAS SUBMITTED BY SB ENERGY IN JULY. 
          THIS IS A FOLLOW UP FROM NOER 2 82. 
          ERCOT IS EVALUATING, BUT STAKEHOLDERS HAVE A DISCREET IMPLEMENTATION ISSUE RELATED TO THOSE TIMELINES. 
          IT WAS GRANTED AT URGENT STATUS, BUT IT REMAINS TABLED AT ROS, BUT WE DO EXPECT TO HAVE DISCUSSION ON THIS IN THE NEXT FEW MONTHS. 
          ADVANCED GRID SUPPORT IS THE ONLY NEW ITEM ON THE DECK THIS CYCLE. 
          UM, ERTA SPONSORED NPR 1333. 
          WE'RE SEEKING TO ESTABLISH A ONE-TIME ADVANCED GRID SUPPORT INITIATIVE PROGRAM TO ENCOURAGE EXISTING ESRS, NOT SUBJECT TO NGER 2 72. 
          UM, TO ADOPT THE GRID SUPPORT TECHNOLOGY, I THINK THIS IS APPROXIMATELY 50 GIGAWATTS OF EXISTING ESRS THAT ARE CURRENTLY EXEMPT. 
          SO THIS WOULD GREATLY IMPROVE GRID STABILITY. 
          IT IS THAT THE WHOLESALE MARKET WORKING GROUP UNDER WMS, WE EXPECT ROBUST, UM, DISCUSSION GIVEN THESE KEY POLICY ISSUES THAT ARE IDENTIFIED HERE AS DRAFTED OR CAUGHTS TARGETING A MARCH 31ST, 2027 APPLICATION DEADLINE FOR THE PROGRAM. 
          AND LAST IS THE STANDARD FORM AGREEMENTS. 
          THIS HAS HAD NOT HAD A LOT OF MOVEMENT IN THE STAKEHOLDER PROCESS, UM, DISCUSSION WISE, BUT ERCOT DID FILE COMMENTS, UM, UPDATED FROM THE STACK ON SEPTEMBER 9TH. 
          THAT WILL BE AT THE SEPTEMBER PRS MEETING. 
          IT REFLECTS A LOT OF WORK WITH ERCOT AND PARTIES TO REACH A COMPROMISE, AND SO WE EXPECT TO HAVE A MORE ROBUST UPDATE IN DECEMBER AS THIS MOVES FORWARD. 
          ARE THERE ANY QUESTIONS? ANY QUESTIONS FOR REBECCA? OKAY. 
          ME. 
          OKAY. 
          THANKS REBECCA. 
          UH, NEXT IS AGENDA ITEM 
          [5. Comprehensive Transmission Planning Process Update]
FIVE, THE COMPREHENSIVE TRAINING TRANSMISSION PLANNING PROCESS. 
          CHRISTIE HOBBS IS PRESENTING. 
          ALL RIGHT, GOOD AFTERNOON. 
          SO I'M HAPPY TO BE ABLE TO SHARE WITH YOU THE PROGRESS THAT WE'VE BEEN MAKING OVER THE LAST SEVERAL MONTHS. 
          UH, IF YOU GO BACK, UH, SEVERAL BOARD MEETINGS AGO AS WE WERE DEVELOPING, WHAT WOULD THE BATCH ZERO PROCESS BE LIKE? YOU ALL HAD VERY GOOD QUESTIONS ABOUT HOW DOES THIS FIT IN WITH THE WORK THAT YOU'RE DOING TODAY. 
          ALONG WITH THAT, WE'VE HAD A LOT OF THINGS THAT WE WOULD LIKE TO CONTINUALLY APPROVE AND EVOLVE. 
          IF YOU THINK ABOUT THE ERCOT TRANSMISSION PLANNING PROCESS, IT'S BEEN IN PLACE FOR 20 PLUS YEARS, BUT OUR GRID HAS DYNAMICALLY CHANGED IN THE LAST SEVERAL YEARS, AND WE SEE A LOT OF OPPORTUNITIES TO CONTINUE TO EVOLVE THE PLANNING PROCESS WITH THAT. 
          SO THE SCOPE OF THIS EFFORT, WE STARTED SEVERAL MONTHS AGO INTERNALLY REALLY REVISITING EVERYTHING WE DO FROM A TRANSMISSION PLANNING PROCESS, FROM MODELING TO THE PLANNING, TO GOING THROUGH THE STAKEHOLDER PROCESS. 
          AND WHAT WE CHALLENGE THE TEAM IS EVERYTHING IS ON THE TABLE. 
          WHERE CAN WE MAKE IMPROVEMENTS TO MAKE THINGS FASTER? WHERE ARE THERE ITEMS THAT WE DUPLICATE THAT AREN'T NECESSARY? HOW CAN WE IMPROVE ENGAGEMENT WITH STAKEHOLDERS AS WE EVOLVE THIS PROCESS SO THAT WE HAVE AN END-TO-END PROCESS VERSUS SEPARATE DISPARATE PROCESSES? WHAT'S IN PLACE TODAY WITH THE CURRENT BATCH PROCESS? AND THIS IS WHERE WE ARE STANDING TODAY, AS WE, WE THINK THROUGH THE PROCESS AND WORK WITH THE STAKEHOLDERS. 
          IF YOU LOOK AT WHAT WE DO FROM A PLANNING PERSPECTIVE IN THE ERCOT MARKET FROM END TO END, WE'VE GOT A LOT OF INPUTS INTO THE SYSTEM. 
          WE'VE GOT LARGE LOAD INFORMATION. 
          WE'VE GOT GENERATION DATA THAT'S COMING IN FOR NEW GENERATORS OR UPDATED GENERATORS. 
          WE'VE GOT ALL OF THE TOPOLOGY CHANGES OF THINGS EVOLVING ON THE GRID. 
          AND THEN YOU HAVE JUST YOUR ANNUAL YEAR AFTER YEAR BASE GROWTH ON THE SYSTEM, AS WELL AS MEDIUM SIZED LOADS. 
          YOU NEED ALL OF THAT UPDATED INFORMATION 
          [00:10:01]
TO REALLY CONSIDER WHAT A BATCH STUDY LOOKS LIKE, SO THAT YOU'RE GIVING THOSE NEW LOADS THAT WOULD LIKE TO CONNECT THE BEST ANSWER FOR THEIR ALLOCATION AND THE TIMELINE ONCE THEY'VE GONE THROUGH THAT ALLOCATION PROCESS. 
          AND WE'VE GOT FINANCIAL COMMITMENT OF WHAT LARGE LOADS ARE ACTUALLY GOING TO FOLLOW THROUGH WITH THE PROCESS, THEN LET'S KICK INTO OUR OFFICIAL TRANSMISSION PLANNING PROCESS FOR OUR ADDITIONAL STUDIES THAT WE NEED TO DO FOR MOBILE RELIABILITY ASPECT AS WELL AS ECONOMIC ANALYSIS. 
          BUT ALL ALONG THE WAY, WE NEED STAKEHOLDER ENGAGEMENT AND HOW DOES THAT FIT IN SO THAT WHEN WE GET TO THE END OF THE PROCESS, WE HAVE AN ACTIONABLE PLAN THAT WE CAN GIVE TO THE UTILITIES AND THEY CAN MOVE FORWARD COMPARED TO WHAT WE DO TODAY WHERE YOU GO THROUGH A ROAD MAPPING EXERCISE AND THEN THERE'S ADDITIONAL STUDIES THAT FOLLOW ON THAT SOMETIMES ARE DUPLICATIVE, BUT THEY EXTEND THE TIMELINE OF THE PROCESS. 
          AFTER WE DID OUR INTERNAL PROCESSES, WE STARTED WORKING, UM, WITH THE PLANNERS. 
          SO THE UTILITIES, WE INTERVIEWED 27 DIFFERENT TSPS. 
          WE HAD VARIOUS MEETINGS, SOME INDIVIDUAL SESSIONS, SOME GROUP SESSIONS, AND WE ALSO HAD A FULL-BLOWN STAKEHOLDER WORKSHOP AT THE END OF THAT PROCESS AT THE END OF AUGUST. 
          AND THIS IS A SUMMARY OF WHAT WE HEARD FROM THE TSPS, I WOULD SAY, AND, AND YOU'RE GONNA HEAR FROM SOME OF THEM, UM, FOLLOWING THIS PRESENTATION, VERY GENERAL, UM, CONSENSUS AND SUPPORT FOR GOING TO AND IMPROVING OUR PROCESSES THROUGH A COMPREHENSIVE TRANSMISSION APPROACH. 
          THERE WAS, UH, A LITTLE BIT OF, UM, AS YOU CAN IMAGINE, THEIR BUSINESSES HAVE BEEN ESTABLISHED THIS WAY, MAKING SURE THAT WE DON'T BREAK THE PROCESS. 
          SO MAKING SURE WE'RE DOING OUR DUE DILIGENCE, TAKING OUR TIME, MAYBE THERE ARE CHANGES THAT WE CAN MAKE IN THIS CYCLE, AND THEN FUTURE CHANGES IN THE NEXT CYCLES. 
          I WOULD HIGHLIGHT THE SECOND ITEM AS WELL. 
          EVERY CALL THAT WE HAD WITH A TSP, WHETHER WE ASKED THE QUESTION OR THEY BROUGHT IT UP, UM, THERE WAS A DESIRE TO LOOK AT IDENTIFYING MEDIUM-SIZED LOADS AND BY MEDIUM-SIZED LOADS, THAT WOULD BE LOADS THAT ARE LESS THAN 75 MEGAWATTS IN SIZE. 
          AND ONCE COMMISSION RULES WERE KIND OF LOCKED IN ON LOOKING AT DEFINED PROCESSES FOR 75 MEGAWATTS AND ABOVE. 
          AS YOU CAN IMAGINE, THERE'S BEEN A LOT OF REQUESTS COMING IN AT SUB 75, 74 50, MULTIPLE OF THOSE LOCATED, UH, ELECTRICALLY CLOSE TO EACH OTHER, WHICH COULD HAVE IMPACT ON THE SYSTEM JUST LIKE A LARGE LOAD WOULD. 
          THE TSPS WERE ALSO ALIGNED ON MAKING IMPROVEMENTS TO THE CASE BUILDING PROCESS. 
          UM, THE PROCESS THAT WE HAVE TODAY, UM, ALLOWED FOR, UH, INPUTS FROM THE TSPS WITHOUT A LOT OF STANDARDIZATION AND REQUIRING ERCOT TO BUILD NUMEROUS CASES TO SUPPORT THE VARIOUS PLANNING SCENARIOS AND OPERATIONAL SCENARIOS THAT HAVE EVOLVED OVER TIME. 
          AND AS YOU CAN IMAGINE, YOU KNOW, MUCH LIKE YOUR GARAGE COLLECTING THINGS OVER THE YEARS, NOTHING LEAVING THE GARAGE. 
          SO REALLY TAKING A LOOK IN AND IMPROVING THOSE PROCESSES FOR WHAT WE ACTUALLY NEED IN TODAY'S ENVIRONMENT. 
          THE ELIMINATION OF THE RE STUDY, AGAIN, AS I REFERRED TO EARLIER, WHEN WE GO THROUGH OUR ROAD MAPPING PROCESSES THROUGH THE REGIONAL TRANSMISSION PLAN, WE'D LAY OUT ROADMAPS OF WHAT WAS NEEDED. 
          AND WHAT YOU FIND IS THERE'S A LOT OF THE SAME STUDIES THAT WERE GOING ON AS THEN THEY MOVE THROUGH THE REGIONAL PLANNING GROUP PROCESS. 
          SO WHERE CAN WE FIND EFFICIENCIES THERE, UH, TO ELIMINATE, UH, A PERPETUAL RE STUDY AND THEN AN APPROVAL FOR PATHWAYS FOR THINGS THAT REMAIN OUTSIDE OF WHAT WE LOOK AT THROUGH THE COMPREHENSIVE TRANSMISSION PLANNING PROCESS. 
          UM, YOU'LL SEE IN SOME OF THE TSP PRESENTATIONS, SO I WON'T HIT ON IT TOO MUCH HERE, A NEED TO HAVE A SEPARATE PATHWAY FOR MAYBE SMALLER PROJECTS THAT COME UP WITHIN THAT CYCLE THAT AREN'T LARGELY LOAD DRIVEN. 
          I THINK RESILIENCY, STORM HARDENING OR APPROVALS POTENTIALLY OUTSIDE OF THE PROCESS FOR SPECIAL TYPES OF LOADS. 
          WE DID HEAR THAT IN SOME OF THE LEGISLATIVE HEARINGS ABOUT CONSIDERING WHETHER OR NOT THERE SHOULD BE OTHER PATHWAYS FOR, UM, SPECIFIC LOADS. 
          I WOULD SAY ON THAT ASPECT, WE WOULD BE LOOKING TO THE COMMISSION AT SOME POINT FOR A POLICY DECISION TO HELP DEFINE THAT SO THAT WE, UM, DON'T FIND OURSELVES, UM, IN A, IN A SCENARIO WHERE EVERY LARGE LOAD IS A SPECIAL LARGE LOAD. 
          ALSO, AS A PART OF THE COMPREHENSIVE TRANSMISSION PLANNING AS WE GO FORWARD WITH OUR FUTURE WORKSHOPS, PART OF THAT IS DIRECTLY WITH, UM, THE OVERALL PROCESS, BUT A PART OF THAT OVERALL PROCESS IS WHAT DOES BATCH LOOK LIKE POST BATCH ZERO. 
          SO THE WORK THAT WE'LL BE DOING WILL HELP DEFINE WHAT THE NEXT BATCH PROCESS LOOKS LIKE. 
          THERE WERE A NUMBER OF 
          [00:15:01]
ITEMS THAT CAME OUTTA BATCH ZERO THAT WERE GOOD IDEAS, BUT THERE WAS NOT A TI ENOUGH TIME TO ADDRESS 'EM ON THE TIMELINE THAT THE TEAM WAS MOVING ON EARLIER THIS YEAR. 
          AND I WOULD SUMMARIZE THOSE INTO THESE FOUR CATEGORIES. 
          SO LARGE LOAD INTERCONNECTION, LOOKING AT WHAT IS THAT RELATIONSHIP BETWEEN THE INTERCONNECTING ENTITY, THE TSP AND ERCOT, WHAT IS A FRAMEWORK FOR, UM, A, A LARGE LOAD TO BE ABLE TO RESUBMIT? SO SAY I GO THROUGH BATCH ZERO, I DON'T GET THE ALLOCATION THAT I WANT, BUT I'D LIKE TO GET, UM, ADDITIONAL ALLOCATION IN THE NEXT BATCH CYCLE. 
          HOW DO I DO THAT GOVERNANCE FRAMEWORK FOR POST-STUDY PROJECTS, UH, THAT MAYBE GOT DELAYED. 
          SO IF I HAVE A PROJECT, I THOUGHT I WAS GONNA BE ON A CERTAIN TIMELINE, MY PROJECT'S DELAYED. 
          WHAT'S THE THE FRAMEWORK FOR ASSESSING THOSE ELIGIBILITY CRITERIA? UM, OUR POSITION HAS BEEN THAT WILL BE SET NEXT WEEK BY THE COMMISSION WHEN THEY MAKE THEIR DECISION. 
          AND THE PC DOCKET 58 4 81, UNLIKE WHAT WE WENT THROUGH WITH BATCH ZERO, WHERE THERE WAS DEBATE HERE IN THE STAKEHOLDER PROCESS, THINKING ABOUT, UH, WHO IS RESPONSIBLE FOR VARIOUS STUDY FRAMEWORKS? THERE'S A NUMBER OF STUDIES THAT ARE REQUIRED. 
          SO QUESTIONS ABOUT SHOULD THEY BE DONE BEFORE ERCOT STARTS THEIR BATCH WIDE STUDIES BY THE TSP OR SHOULD THESE BE STUDIES THAT ARE DONE BY ERCOT? AND THEN FINALLY, UM, THE ONE THAT GETS A LOT OF ATTENTION IS BRING YOUR OWN GENERATION. 
          UM, WE AT ERCOT AGREE THAT THIS IS A VERY IMPORTANT CONCEPT, BUT AS YOU CAN IMAGINE, THERE ARE A LOT OF GOOD IDEAS OUT THERE. 
          UM, I'M LOOKING AT JEFF, BUT I THINK THERE'S LIKE 17, 18 DIFFERENT ITEMS ON THE BYOG LIST. 
          AND WE'RE ACTUALLY GOING THROUGH A SURVEY PROCESS RIGHT NOW WITH THE STAKEHOLDERS TO GET A, A, A TOP PRIORITY BECAUSE WE CAN'T MOVE 'EM ALL FORWARD AT THE SAME TIME. 
          SO FOCUSING WHICH ONES WE SHOULD FOCUS THE STAKEHOLDER DISCUSSIONS ON FOR BATCH, THE NEXT BATCH, AS WELL AS RECOGNIZING SOME OF THEM MAY TAKE MORE TIME, BUT WE SHOULD BE FOCUSING ON THOSE FOR THE LONGER TERM. 
          SO TODAY, UM, WE'RE KIND OF AT THE SECOND BLOCK IN THIS PROCESS GOING THROUGH OUR STAKEHOLDER WORKSHOPS. 
          OUR NEXT ONE IS SCHEDULED FOR SEPTEMBER 24TH. 
          WE'VE CURRENTLY, OR WE'LL BE SENDING OUT TODAY IF IT HADN'T GONE OUT ALREADY, I DON'T THINK IT WAS THE LAST TIME I LOOKED AT MY INBOX, A MARKET NOTICE WITH A LINK FOR A SURVEY FOR THE TSPS AND FOR THE STAKEHOLDERS TO PROVIDE FEEDBACK ON WHAT THEY'VE HEARD SO FAR FROM THE COMPREHENSIVE TRANSMISSION PLANNING DISCUSSIONS AND THE BATCH DISCUSSIONS AT OUR LAST WORKSHOP. 
          THAT'LL HELP US REALLY TO UNDERSTAND WHERE MAYBE THERE'S SOME AGREEMENT AND WHERE DO WE NEED TO SPEND TIME IN THE STAKEHOLDER DISCUSSIONS. 
          DIVING INTO TOPICS FURTHER, WE'D LIKE TO HAVE A INITIAL PACKAGE OF THE REVISION REQUEST THAT'LL TAKE TO GET US TO THAT COMPREHENSIVE TRANSMISSION PLANNING PROCESS AND THE, THE ONGOING BATCH LATER THIS YEAR SO THAT WE CAN GO THROUGH STAKEHOLDER CONSIDERATION AND GET IT TO YOU NO LATER THAN THE APRIL BOARD. 
          UM, THE GOAL THERE WOULD BE TO HAVE RULES IN PLACE IN ENOUGH TIME SO THAT WHEN WE'RE READY TO START THE NEXT BATCH CYCLE, UM, INDIVIDUALS WOULD KNOW WHAT THE EXPECTATIONS ARE FOR THE NEXT GO ROUND. 
          WITH THAT, I WILL PAUSE TO SEE IF YOU HAVE ANY QUESTIONS ABOUT WHAT WE'VE BEEN WORKING ON. 
          IS BILL, PLEASE. 
          SO WHAT WOULD YOU SAY RIGHT NOW ARE THE TOP TWO BARRIERS YOU FACE TO TRY TO GET, YOU KNOW, KIND OF CONSENSUS HERE? OOH, THERE ARE, THERE IS SOME, UM, CONSUMER SEGMENT, UM, THAT WOULD LIKE TO HAVE A PROCESS THAT MOVES A LOT FASTER, OF COURSE, SO THAT, THAT ON QUICKER CYCLES. 
          UM, AS WE SIT HERE TODAY, I FEEL LIKE WE'VE DONE REALLY GOOD WORK TO TAKE A PROCESS THAT IF YOU LAY, YOU KNOW, GO BACK TO THE SLIDE HERE, YOU LAY IT END TO END, POTENTIALLY COULD BE 24 TO, TO PLUS MONTHS WHEN YOU LAY IT END TO END, I THINK WE CAN GET TO A SPOT WHERE THAT IS A, YOU'D GET THROUGH A BATCH PROCESS WHERE THEY WOULD HAVE THEIR ALLOCATION, CAN MAKE THEIR COMMITMENT DECISIONS ON AN ANNUAL PROCESS, AND WITH THE NEXT, SAY TWO TO FOUR MONTHS, HAVE AN ACTIONABLE PLAN THAT THEN THE TSPS CAN START WORKING ON, WHICH IS, IS REALLY IN MY MIND, PRETTY INCREDIBLE THAT COMES WITH PUSH AND TAKE. 
          WE COULD, WE COULD GET IT SHORTER, BUT AT WHAT COST, RIGHT? YOU KNOW, FROM A RELIABILITY PERSPECTIVE, WE HAVE THAT RESPONSIBILITY TO MAKE SURE WE'RE GIVING AN ACCURATE STUDY, UM, THAT'S GOING TO REPRESENT WHAT THE, THE MODEL WOULD LOOK LIKE GOING FORWARD. 
          OKAY, SO YOU THINK THERE'S A REASONABLE WAY TO CLOSE THAT GAP? RIGHT. 
          AND WE'RE VERY COMMITTED TO CONTINUING TO RE-LOOK AT THAT IF THERE ARE OTHER EFFICIENCIES. 
          UM, WE'VE GOT FOLKS THAT ARE CONTINUALLY LOOKING AT NEW TOOLS AND TECHNOLOGY TO BE ABLE TO SHORTEN, UM, INTERACTIONS THAT WE HAVE. 
          AND I THINK A LOT OF UNCERTAINTY AS WELL ABOUT WHAT DOES THE NEXT 
          [00:20:01]
BATCH CYCLE LOOK LIKE. 
          UM, YOU KNOW, ONCE WE GO THROUGH BATCH ZERO, WHAT WILL BE THE NEXT SET OF LOADS THAT ARE INTERESTED? WE HAVE NO HISTORY TO BASE THAT ON RIGHT NOW. 
          SO KNOWING WHAT THAT VOLUME IS, UM, BUT WE'RE COMMITTED TO, IF WE CAN GET IT SHORTER AS WE SEE THIS EVOLVE, WE CAN MAKE IT SHORTER. 
          ALRIGHT. 
          THAT'S ENCOURAGING. 
          THANK YOU. 
          YEAH. 
          CHRISTIE, JUST QUICK ON THE, THE MEDIUM-SIZED LOAD DEFINITION. 
          ARE THERE ANY OTHER, UH, BODIES THAT HAVE RECOMMENDATIONS HERE ON THIS? I MEAN, ARE WE PLOWING NEW GROUND COMPLETELY OR, YOU KNOW, NERC, PUC? ANYBODY ELSE HAVE? SO NERC IS CURRENTLY LOOKING AT SETTING A STANDARD FOR 50 MEGAWATTS AND ABOVE. 
          UM, AND SO ONE OF THE ACTUAL QUESTIONS THAT WE'RE ASKING IN OUR SURVEY IS TO GET FEEDBACK NOT ONLY FROM THE UTILITIES BUT FROM ALL STAKEHOLDERS, IS WHAT SHOULD THAT THRESHOLD BE HERE AT ERCOT? UM, AS WE START THINKING ABOUT WHAT'S THE NEXT TYPE OF, UM, WHICH GROUPING OF LOADS SHOULD WE BE SETTING RULES FOR? I WOULD NOTE THAT THE PUCS RULE IS VERY CLEAR ABOUT 75 AND ABOVE AS FAR AS FINANCIAL STANDARDS. 
          SO THAT WOULD, IF WE WANTED TO GET FINANCIAL STANDARDS, UM, THAT WOULD TAKE A FUTURE COMMISSION RULEMAKING. 
          BUT I DON'T SEE ANYTHING PREVENTING US FROM HAVING, UM, MAYBE REGISTRATION OR VISIBILITY TYPE STANDARDS SO THAT WE ARE ENSURING THAT WE'RE GETTING ACCURATE INFORMATION, WHETHER THAT'S, YOU KNOW, FROM THE CUSTOMER OR FROM THE UTILITY ABOUT WHERE THEY'RE LOOKING TO SITE AND WHEN. 
          SO WE'RE TAKING THAT INFORMATION INTO ACCOUNT AS WE'RE PLANNING THE SYSTEM. 
          UM, I WOULD NOTE TODAY THERE IS ABOUT 15,000 MEGAWATTS OF MEDIUM-SIZED LOAD REQUESTS THAT WE COLLECTED THROUGH AN RFI THAT WILL BE GOING IN AS SOME OF THOSE INITIAL INPUTS TO BATCH ZERO. 
          AND THAT'S NOT AN INSIGNIFICANT NUMBER. 
          ANY OTHER, UH, KATHLEEN? GOOD. 
          THANK YOU. 
          AND CHRISTIE, THANK YOU. 
          THIS IS ILLUMINATING AS USUAL. 
          UM, FOLLOW UP ON, UH, CHRIS'S QUESTION ABOUT THESE SUB 75 MEGAWATT LOADS. 
          YOU MADE A COMMENT THAT WE HAVE 74, UH, MEGAWATT LOADS, AND THEN, UH, YOU ALSO COMMENTED ON CLUSTERS. 
          CAN YOU JUST EXPAND A BIT ON THAT AND HOW YOU THINK ABOUT THAT AND HOW THAT MIGHT, UH, BE, UH, I GUESS MORE NOTEWORTHY THAN JUST ONE? UH, I, I DON'T KNOW THAT I HAVE GOOD, UM, INFORMATION AT MY FINGERTIPS TO TELL YOU EXACTLY THIS IS WHAT WE'RE HEARING FROM THE UTILITIES IS, UM, YOU KNOW, SAY I'M A 150, I WANTED 150 MEGAWATT LOAD, BUT I CAN ASK FOR 2 74 MEGAWATTS IN A, A SIMILAR AREA AND GET THE SAME. 
          YOU THINK ABOUT IT FROM A GRID PERSPECTIVE. 
          UM, THOSE THAT ARE OVER 75 HAVE CERTAIN RIDE THROUGH REQUIREMENTS. 
          WE TALKED ABOUT THIS MORNING IN THE TECHNOLOGY COMMITTEE ABOUT THE IMPORTANCE OF UNDERSTANDING RIDE THROUGH REQUIREMENTS. 
          RIGHT NOW, IF YOU'RE BELOW 75, WE DON'T HAVE VISIBILITY INTO WHAT THOSE REQUIREMENTS ARE, AND IF YOU START SEEING MULTIPLES OF THEM IN, YOU KNOW, A PROXIMITY TO EACH OTHER, THAT COULD HAVE THE SAME IMPACT AS A ONE LARGE LOAD IN THE AREA. 
          ANY OTHER QUESTIONS? OKAY. 
          WELL, IT'S APPROPRIATE TO GET SOME STAKEHOLDER INPUT INTO THIS. 
          AND SO THAT'LL TAKE US TO AGENDA ITEM 
          [6.1 Lower Colorado River Authority (LCRA TSC) and Investor Owned Utility Segment – CenterPoint Energy Inc.]
SIX, UH, STAKEHOLDER ENGAGEMENT TOPIC, COMPREHENSIVE TRANSMISSION PLANNING. 
          UH, DURING THIS, UH, REBECCA AND CHRISTIE ARE GOING TO INTRODUCE OUR GUEST PRESENTERS. 
          SO REBECCA AND CHRISTIE, WOULD YOU LIKE TO INTRODUCE OUR PRESENTERS? SURE. 
          AND I'LL SAVE A LITTLE BIT OF THE TRAFFIC UP HERE. 
          UM, AS I MENTIONED, WE'VE BEEN WORKING WITH THE STAKEHOLDERS WITH THE, SOME OF THE TSPS A LITTLE BIT LONGER THAN, UM, THE OTHER ENTITIES WHO JUST KIND OF GOT THE PREVIEW AT THE AUGUST 30TH WORKSHOP. 
          BUT WHAT WE'D LIKE TO DO, UM, AS AN EFFORT, YOU OFTEN ALL ARE LOOKING FOR HIGH ENGAGEMENT TOPICS AND HEARING FROM THOSE UTILITIES FROM THE OTHER STAKEHOLDERS ON, ON THEIR THOUGHTS. 
          SO BEFORE US, UM, WE'RE GONNA HAVE THREE DIFFERENT, UH, SEGMENTS. 
          YOU'LL HAVE REPRESENTATIVES FROM LCRA AND CENTERPOINT REPRESENTING THE TRANSMISSION SERVICE PROVIDER SEGMENT. 
          YOU'LL HAVE CONSTELLATION AND NNG, UH, REPRESENTING THE INDEPENDENT GENERATOR SEGMENT. 
          AND GOOGLE WILL BE HERE REPRESENTING THE INDUSTRIAL, UH, CONSUMER SEGMENT. 
          SO WITH THAT, I'M GONNA TURN IT OVER TO CHRIS KELNER WITH LCRA, UH, TO TAKE THE, UH, FIRST PRESENTATION. 
          OKAY. 
          IT'S ALL YOURS. 
          CHRIS. 
          THANK YOU FOR BEING HERE. 
          WE 
          [00:25:01]
LOOK FORWARD TO, UH, YOUR INPUT. 
          ABSOLUTELY. 
          GOOD AFTERNOON. 
          THANKS, CHRISTIE. 
          APPRECIATE THE INTRO. 
          UM, THANK YOU CHAIR FLORES AND MEMBERS OF THE BOARD FOR, UM, HEARING US OUT, HAVING US, UH, TODAY. 
          APPRECIATE THAT. 
          UM, YOU KNOW, APPRECIATE ALL THE COLLABORATION AND WE'LL TALK ABOUT THAT A LITTLE BIT AS I GET INTO SOME OF MY COMMENTS. 
          UM, I KEPT IT PRETTY SIMPLE AND, AND HIGH LEVEL, UH, AND, AND LEFT SOME OF THE HEAVY LIFTING FOR, UH, THE FOLKS BEHIND ME. 
          SO, WE'LL, UH, WE'LL JUST GET INTO IT. 
          WE'LL DO THE, UH, SORT OF STANDARD INTRO ABOUT L THREE A TSC MIGHT BE A LITTLE UNDER THE RADAR, BUT, UH, WE'RE BASICALLY THE TRANSMISSION WING OF THE LORA RIVER AUTHORITY. 
          I'VE GOT THE PLEASURE AND, AND HONOR AND RESPONSIBILITY OF RUNNING THE TRANSMISSION PROGRAM. 
          UH, AT EL RAY, WE'VE GOT OVER 5,000 MILES OF, UH, TEE LINES ALL OVER THE PLACE, OVER 70 COUNTIES. 
          WE CONNECT ABOUT 18 GIGAWATTS OF, UH, GENERATION AND, UH, YOU KNOW, PRIDE OURSELVES ON OPERATIONAL EXCELLENCE. 
          UH, TODAY WE'LL BE TALKING ABOUT CTP AND, UM, GREAT LAYOUT BY, BY CHRISTIE TO KIND OF RUN THROUGH THINGS, UH, WHERE THINGS STAND, MASSIVE EFFORT, UH, INCREDIBLY IMPORTANT FOR THE STATE, UH, FOR THE GRID, AND, UH, SOMETHING THAT WE GOTTA GET RIGHT. 
          AND AGAIN, I APPLAUD, UH, ALL THE EFFORTS AND THOUGHT THAT'S, UH, THAT'S GOING INTO THIS. 
          I TRIED TO FRAME THIS AS KIND OF DOS AND DON'TS AND WHAT SUCCESS LOOKS LIKE. 
          AGAIN, TRYING TO JUST KIND OF DISTILL IT DOWN TO THE BASICS. 
          UH, AND SO I'LL JUST HIGHLIGHT SOME OF THE THINGS THAT WE'RE SEEING HERE ON SCREEN. 
          UM, I THINK YOU GOTTA HAVE TOOLS THAT REALLY STREAMLINE THE WHOLE PROCESS. 
          UM, ON THE GEN INTERCONNECT SIDE, UH, WE'VE GOT RIO WORKS REAL WELL. 
          UH, EVERYBODY KNOWS KINDA HOW TO USE IT. 
          WE EVOLVE IT OVER TIME. 
          UM, ON THE LARGE LOAD, WE'RE NOT THAT MATURE YET. 
          THERE'S STILL A LOT OF THINGS THAT ARE IN EVERYBODY'S EMAIL AND INBOXES, AND THAT'S FINE. 
          IT'S A PROCESS AND WE'LL MATURE OVER TIME. 
          UM, BUT ONCE WE HAVE THAT GOOD PLATFORM FOR THE DATA, UM, WE'LL BE, BE IN MUCH BETTER SHAPE. 
          SO, LIKE TO SEE THAT, UH, BE DEVELOPED AND COME TOGETHER, UM, YOU'LL SEE SOME KEY WORDS HERE, UH, CREDIBLE SUPPORT, UH, FOUNDATION. 
          UM, REALLY GETTING THAT BASE CASE RIGHT, IS APPROPRIATE. 
          UM, THERE'S SO MUCH THAT GETS BUILT ON IT, LIKE A STACK, AND YOU'VE GOTTA REALLY, UM, BE, MAKE SURE YOU'RE RIGHT. 
          THEN GO AHEAD, LIKE DAVEY CROCKETT SAYS. 
          UH, AND, AND THAT'S JUST KEY. 
          'CAUSE IF YOU DON'T GET IT RIGHT FROM THE START, UH, ON YOUR BASE CASE STUDY ASSUMPTIONS, THEN YOU'RE, YOU'RE NOT IN A GOOD PLACE. 
          UM, I'LL HIGHLIGHT, UH, YOU KNOW, REPEATABLE, EFFECTIVE PROCESSES THAT PROVIDE CERTAINTY. 
          ULTIMATELY, WE'VE GOTTA GO FORTH AND, AND MOVE ON TO LATER STAGES OF PROJECT EXECUTION, INCLUDING THE REGULATORY PROCESS, INCLUDING PROCUREMENT FOR MATERIALS AND THINGS LIKE THAT, INCLUDING AGREEMENTS FOR CONSTRUCTION, LABOR, REAL ESTATE, LANDOWNER INTERACTIONS, THINGS LIKE THAT. 
          UM, WE'VE REALLY GOTTA GOTTA KNOW THAT, THAT WE'RE GOOD AND THAT WE'VE GOT A, A, A WELL VETTED PLAN. 
          SOMETHING THAT'S BEEN THROUGH KIND OF THE RINGER, SO TO SPEAK, AGAIN, HAS A GOOD FOUNDATION BECAUSE WE'RE GONNA GO AND SPEND DOLLARS, UH, PRUDENTLY AND APPROPRIATELY AND START INTERACTING AND TOUCHING, TOUCHING A LOT OF FOLKS IN THAT PROCESS. 
          UM, SO WE GOTTA HAVE THAT CERTAINTY WHEN IT COMES OUT OF THE ERCOT PROCESS THAT, YEP, WE'RE GOOD TO GO, AND WE'RE FIRING ON ALL, ALL CYLINDERS. 
          I THINK ALSO THAT LAST BULLET, UM, HIGHLY COMMUNICATING THE BENEFITS OF TRANSMISSION PROJECTS. 
          UM, THE NEED IS WHAT GETS YOU THERE. 
          THE NEED STARTS, STARTS THINGS OFF, RIGHT? THERE'S UNDERLYING NEED. 
          YOU GOTTA ADDRESS THE NEED. 
          THERE'S SOME SHORTCOMING IN THE SYSTEM ON THE GRID, AND YOU'VE GOTTA ADDRESS THAT. 
          UH, AND THAT'S RELIABILITY, KIND OF IN A NUTSHELL. 
          BUT ONCE YOU PUT YOUR PROJECT TOGETHER, THERE'S SO MANY BENEFITS THAT COME OUT OF IT AND NEED TO, BENEFITS ARE A LITTLE BIT DIFFERENT, RIGHT? BENEFITS ARE WHAT REALLY HELP PEOPLE WRAP THEIR HEAD AROUND, UH, WHAT THE SCOPE LOOKS LIKE, AND HELP THEM UNDERSTAND WHAT THAT PROJECT IS TRYING TO DO, AND ULTIMATELY HOW IT MAKES THEM OR THEIR WORKPLACE, OR BOTH, UH, BETTER AT THE END OF THE DAY. 
          SO WE CAN ALL BE BETTER, I THINK, AT, UH, STORYTELLING AND CTP CAN HELP US, HELP US GET THERE. 
          WHAT WE DON'T WANNA SEE IS, YOU KNOW, DEFINITELY GOING IN ALONE. 
          AND WE'RE NOT, WHICH I'M PROUD TO SAY, UM, CHRISTIE'S TEAM IS DOING GREAT THINGS. 
          MATT'S TEAM AS WELL, REBECCA'S TEAM, UM, THEY'RE REALLY DOING A LOT OF OUTREACH, A LOT OF MATERIALS, A LOT OF WORKSHOPS, LOVE ALL THAT. 
          VERY HELPFUL FOR US AND PEOPLE LIKE ON MY TEAM WHO ARE SMES TO GIVE THEIR FEEDBACK AND BE HEARD. 
          UH, AND SO WE'RE SEEING THAT. 
          SO THAT'S GREAT. 
          UH, DON'T RUSH THE DEVELOPMENT, RIGHT? YOU GOTTA GET IT RIGHT. 
          I'M GLAD TO SEE THAT WE'VE ALREADY ADDED SOME MORE TIME TO THE PROCESS, UH, TO ALLOW THINGS TO BE AGAIN, DONE RIGHT BEFORE WE PROCEED. 
          UM, SO THAT'S VERY GREAT TO SEE. 
          DON'T OVERCOMPLICATE THE CASE BUILDING PROCESS. 
          WE JUST HEARD FROM CHRISTIE ABOUT THE TIMEFRAME THAT IT TAKES. 
          WE GOTTA TURN THE CRANK AND, AND KIND OF GET HER DONE, RIGHT? I'M AN ENGINEER AND I'D LOVE TO, UH, HAVE A VERY NUANCED SET OF CASES THAT LOOK AT KIND OF EVERY LITTLE THING, RIGHT? 'CAUSE IT'S VERY INTERESTING AND, AND TECHNICALLY, UM, I'M CURIOUS AND THINGS LIKE THAT. 
          BUT WE GOTTA KIND OF FOCUS ON, ON JUST THAT, THOSE VITAL FEW PRIORITIES AND MOVE AHEAD WITH THOSE. 
          SO CAN'T OVER COMPLICATE THE CASE BUILDING PROCESS, WHICH CAN COST US TIME THAT WE DON'T, DON'T HAVE. 
          AND AS WE HEARD ALSO JUST NOW FROM CHRISTIE, DON'T ELIMINATE THAT PATHWAY 
          [00:30:01]
FOR PROJECTS TO INDEPENDENTLY BE SUBMITTED, UH, TO RPG REGIONAL PLANNING GROUP, UH, BY TSPS. 
          THERE'S A LOT OF OTHER PROJECTS THAT ARE NEEDED TO KEEP THE GRID RUNNING. 
          THINK OF THINGS LIKE, UH, STORM HARDENING, OVERHAULS, EQUIPMENT, OBSOLESCENCE, LOCAL CRITERIA. 
          THOSE ARE THINGS THAT DON'T SHOW UP IN A, IN A POWER FLOW STUDY, RIGHT? IT'S NOT A VOLTS AND AMPS ISSUE, IT'S A RUST ISSUE, OR IT'S A POLE LEANING OVER TYPE ISSUE. 
          THERE'S LOTS OF THOSE TYPES OF PROJECTS AND THOSE STILL NEED TO HAPPEN. 
          WE NEED A PATHWAY TO GET, TO GET TO GOOD ON THOSE. 
          UM, SO I'LL PUT THAT OUT THERE TOO, IN TERMS OF WHAT SUCCESS LOOKS LIKE. 
          PROBABLY A GOOD PLACE TO, TO WRAP UP. 
          AND THEN, UH, WE WILL PITCH IT TO ED AND THE OTHER SEGMENTS. 
          UM, WE WANT AN ACTIONABLE PLAN FOR ALL ERCOT STAKEHOLDERS SO THAT WE'RE IN GOOD SHAPE FROM THAT PROTECTION, FROM THAT PERSPECTIVE, EXCUSE ME. 
          UH, CREDIBLE AND STAKEHOLDER REVIEWED LOAD FORECASTS. 
          AGAIN, THERE'S GONNA BE QUESTIONS THAT ALWAYS FOLLOW, WANT TO HAVE A GOOD RATIONALE AND GOOD BASIS TO START OFF. 
          TSP ENGAGED, VETTED, AND VIABLE TRANSMISSION PROJECT SOLUTIONS. 
          WE'VE GOTTA HAVE THAT. 
          THERE'S A MASSIVE AMOUNT OF LOAD COMING. 
          WE'RE ALL SEEING IT. 
          EVERYBODY'S KNOCKING ON OUR DOORS. 
          UM, WE'RE BEHIND, RIGHT? SO WE GOTTA GOTTA GET IT RIGHT. 
          HAVE A PLAN, COME OUT OF THAT PROCESS, HIT THE GROUND RUNNING AND MOVE INTO LATER STAGES OF EXECUTION. 
          THAT'S JUST THE REALITY OF, OF DOING PROJECTS AND CONSTRUCTION AND THINGS LIKE THAT. 
          AND THEN ULTIMATELY, WHY WE'RE ALL HERE. 
          EFFICIENT AND EFFECTIVE SUPPORT OF TEXANS NEEDS IS KIND OF, KIND OF THE BOTTOM LINE. 
          I KNOW WE ALL GET THAT, BUT WORTH ALWAYS KIND OF RESTATING THAT. 
          UM, THAT WRAPS UP MY PIECE. 
          UH, AND, AND IT'LL MAKE HIS WAY. 
          BUT HAPPY TO TAKE A QUESTION IF THERE'S TIME OR IF THERE IS ANY, ANY QUESTIONS FOR CHRIS? I HAVE ONE, AND THIS IS, UM, IT'S GONNA SOUND A LITTLE ODD FOR A MINUTE. 
          YOU KNOW, AS WE'VE GONE THROUGH THE 7 65 STEP PROCESS, WE'VE NOTICED THAT LANDOWNERS, YOU KNOW, HAVE A PART TO PLAY IN THIS. 
          AND NORMALLY THAT'S, THEY SHOW UP AT, YOU KNOW, WHEN THE TSPS HAVE THEIR HEARING, THEIR LOCAL COMMUNITY IMPACT MEETINGS AND THINGS LIKE THAT, AND THEN THEY SHOW UP AT THE PUC. 
          SHOULD THAT, SHOULD ERCOT LEAVE A SPOT FOR THAT? OR DOES THAT COMPLICATE THE PROCESS? OR SHOULD WE LEAVE THAT WHERE IT LIES? AND THAT'S AFTER THE PROJECT'S BEEN APPROVED OR AFTER THE TSP STARTS TO MOVE FORWARD WITH THE PROJECT. 
          AND THEN, UH, WITH THE PUC, I THINK IT'S AN APPROPRIATE AND BETTER POSITIONED WHERE IT COMES TODAY, WHICH IS GENERALLY LATER ON IN THE PROGRESS, UH, PROCESS, EXCUSE ME. 
          UM, BUT THAT ALSO GETS BACK TO, UM, THE BOTTOM LINE HERE, HIGHLIGHTING, COMMUNICATING BENEFITS OF TRANSMISSION PROJECTS. 
          YEAH, THAT'S THE, THE STORYTELLING THAT IT KIND OF BOILS DOWN, DOWN TO, RIGHT? HOW WOULD YOUR UNCLE, HOW WOULD YOUR MOM, UH, APPROACH THIS AND THINK ABOUT IT. 
          HOW WOULD YOUR NEIGHBOR, HOW WOULD SOMEBODY YOU SEE AT HEB THINK ABOUT IT? GOTTA DISTILL IT DOWN AND, AND DO THAT STORYTELLING. 
          YOU KNOW, HERE'S WHY IT MATTERS. 
          SO, UM, THIS ALL HELPS SUPPORT THOSE TYPES OF CONVERSATIONS, WHICH I THINK ARE APPROPRIATELY PLACED IN OUR CURRENT, CURRENT CONSTRUCT. 
          OKAY, THANK YOU, EDUARDO. 
          UH, OUR SECOND PRESENTER IS EDUARDO D BARONA WITH CENTER POINT EDUARDO. 
          WE LOOK FORWARD TO YOUR COMMENTS. 
          AND THEN, UM, BRIAN SAMS, YOU'RE ON DECK. 
          GOOD AFTERNOON. 
          UH, THANK YOU, UH, CHAIRMAN FLORES AND CHAIRMAN GLEASON. 
          UM, ALSO, UH, COMMISSIONERS AND, UH, UH, GUESTS. 
          UM, THANK YOU FOR THE OPPORTUNITY TO SPEAK WITH YOU THIS AFTERNOON REGARDING THE ONGOING, UH, PROCESS REVISION. 
          UH, WE ARE VERY ENCOURAGED BY ERCOT, UM, UH, POSITION AND MOVING FORWARD ON COMPREHENSIVE TRANSMISSION PLANNING. 
          I WANTED TO JUST KIND OF START OUT WITH, UH, AN OVERVIEW OF CENTERPOINT. 
          UM, OBVIOUSLY WE, UH, WE OPERATE, UH, DOWN, UH, IN THE HOUSTON AREA. 
          UH, WE HAVE, UH, QUITE A BIT OF, UH, ALREADY EXISTING COMMERCIAL INDUSTRIAL LOADS, UH, THAT, UH, REALLY POWER, UH, TEXAS'S, UH, COMMERCIAL ENGINE. 
          UM, WE HAVE SERVED ABOUT A 22,000, UH, MEGAWATT HOUR LOAD EARLIER THIS SUMMER. 
          UM, AND THAT, UH, ANY DAY OF THE, OF THE YEAR, WE IMPORT BETWEEN 40 AND 60% OF OUR LOAD TO SERVE OUR CUSTOMERS NEEDS. 
          UH, WE HAVE ABOUT 2.9 MILLION CUSTOMERS, ALL IN ALL. 
          AND YOU SEE SOME OF THE, THE, YOU KNOW, THE, THE BIG CUSTOMERS THAT WE HAVE IN, IN THE HOUSTON AREA, OUR FOCUS IS ENSURING, OBVIOUSLY, THAT WE HAVE A VERY RELIABLE SYSTEM, AND THEN WE CONTINUE TO DO ALL THE TRANSMISSION PLANNING REQUIRED IN ORDER TO BE ABLE TO CONTINUE, UH, TO, TO, TO PROVIDE THAT RELIABILITY AS WE REVISE AND, UM, AND UPGRADE THE TRANSMISSION PLANNING PROCESSES. 
          UM, SO WITH THAT IN MIND, UH, WHAT WE'D LIKE TO DO IS, UH, PROVIDE SOME OF THE GOALS THAT WE BELIEVE THE, THE, THE, THE PROCESS SHOULD, UH, UH, MAINTAIN. 
          OBVIOUSLY, IT'S ALL ABOUT MAINTAINING THAT SYSTEM RELIABILITY AND STABILITY ACROSS THE ENTIRE ERCOT GRID. 
          UM, AND WE FEEL THAT THAT COULD BE ACHIEVED BY, AT THE SAME TIME, MOVING CLOSER TO THE SPEED OF BUSINESS. 
          UM, WE SEE THAT THERE'S A LOT OF, UH, ACTIVITY, UH, OBVIOUSLY WITH A LOT OF THE LARGE LOAD, UM, UM, UH, ACTIVITY GOING ON IN THE PRO IN, IN THE SYSTEM TODAY, WE WANNA MAKE SURE THAT, UH, ALL OF THAT RESULTS IN ACTIONABLE PROJECTS THAT THE TSPS CAN THEN FOLLOW THROUGH AND GET INTO THE DEVELOPMENT AND THE CONSTRUCTION PROCESSES THAT FOLLOW THROUGH THAT. 
          SO, IMPROVING EFFICIENCY, REDUCING DUPLICATIVE PROCESSES. 
          CHRISTIE SPOKE 
          [00:35:01]
TO IT EARLIER. 
          UH, WE'RE VERY FOCUSED ON THAT. 
          UM, WE WANNA ALSO, UH, MAKE SURE THAT AS WAS ALSO MENTIONED, UM, SOME OF THE THEMES HERE OBVIOUSLY WILL OVERLAP, UH, THAT THE, THE TSPS HAVE AN, AN AVENUE TO CONTINUE TO, UH, PROVIDE AND PUSH FORWARD PROJECTS, UH, THAT ARE GONNA ADDRESS ALL THOSE INTER INTRA REGIONAL AND RELIABILITY NEEDS AND RESILIENCY NEEDS. 
          UH, SOME OF THE EQUIPMENT, UM, OBSOLESCENCE, UH, SOME OF THOSE PROJECTS THAT WE NEED TO CONTINUE TO DRIVE THAT ALSO WILL CONTINUE TO BUILD THE CAPABILITY OF OUR SYSTEM TO HAVE THAT LOAD SERVING CAPABILITY. 
          UM, ALONG THE WAY, UH, ALIGNING MODEL BUILDING WITH LOAD FORECASTING, WE WANNA MAKE SURE THAT, UH, THE TSPS AND ERCOT WORK VERY COLLABORATIVELY ACROSS ON MAKING SURE THAT THOSE MODELS HAVE THE RIGHT AND SYNCHRONIZED, UH, LOADS. 
          UM, AS FAR AS, UH, WEATHER FORECASTING AND THINGS LIKE THAT, UH, ECONOMIC FORECASTING THAT GOES DOWN THE LINE. 
          UM, YOU KNOW, WE TALKED A LITTLE BIT ABOUT BALANCING, UH, CASE BUILDING, UH, WITH A NEED TO, NEED TO RUN MULTIPLE DIFFERENT SCENARIOS. 
          UM, BEING HOUSTON HAS AN AREA THAT HAS, AS I MENTIONED, UH, PRETTY RELIANT ON IMPORT, UH, CAPACITY. 
          UH, SO WE WANNA MAKE SURE THAT WE CONTINUE TO VIEW THE BALANCE BETWEEN GENERATION AND IMPORTS, UH, TO BE ABLE TO RELIABLY SERVE ALL OF THESE LARGE CUSTOMERS AS WELL AS THE, THE BALANCE OF OUR CUSTOMERS' NEEDS. 
          AND, UH, CREATING THOSE CASES TO HAVE THE RIGHT LEVEL OF OFF PEAK AND SEASONAL, UH, UH, REPRESENTATIONS IS VERY IMPORTANT. 
          UM, AND LIKE AS, UH, AS CHRIS MENTIONED, UM, THERE IS A, A BALANCE THAT WE CAN GET TO WHERE YOU DON'T HAVE TO HAVE AN NTH NUMBER OF DEGREES OF CASES IN ORDER TO BE ABLE TO HAVE THAT, BUT AT THE SAME TIME, HAVE ALL OF THE RIGHT, UH, CONDITIONS MET. 
          AND THEN SEPARATELY IN THE LAST, UH, NUMBER ON, UH, ON THIS BULLET HERE IS, UH, WE, WE TOUCHED A LOT ON THE LOWER, UM, SMALLER LOADS, THE MEDIUM LOADS, UM, THE QUANTITY OF THOSE. 
          WE BELIEVE THAT WE SHOULD HAVE A PROCESS THAT HAS THE SAME LEVEL OF, UH, CLEAR PATHS AND SET MILESTONES FOR THOSE CUSTOMERS TO INTERCONNECT, AND THAT WE CAN MAKE SURE THAT IT GETS REFLECTED, UM, AS WE DO ALL OF OUR SYSTEM STUDIES, UH, APPROPRIATELY. 
          SHIFTING A LITTLE BIT TO SOME OF THE POLICY ITEMS THAT, UH, WE BELIEVE ARE IMPORTANT, UM, MAKING SURE THAT THE COMPREHENSIVE ANNUAL, UH, TRANSMISSION PLANNING PROCESS VIEWS THE ENTIRE SYSTEM ALL AT ONCE, THAT WE'RE WATCHING OUT FOR ALL OF THOSE PROJECTS THAT ARE INTER-REGIONAL, INTER-REGIONAL. 
          UM, AND THAT AFFECTS THE LARGER NUMBER OF CUSTOMERS AND THE OVERALL GRID STABILITY. 
          UH, BUT AS HAS, AS HAS BEEN MENTIONED, ENSURING THAT WE CONTINUE TO DRIVE FORWARD ABILITY TO, IN PARALLEL DRIVE PROGRESS ON WHAT, WHAT IS CURRENTLY TIER THREE, TIER FOUR TYPE PROJECTS, UH, THAT WE MAINTAIN, UH, STAKEHOLDER TRANSPARENCY AT THE RIGHT LEVELS, UH, MAYBE, UH, LOOK AT REVISING THOSE, THOSE THRESHOLDS SO THAT WE CAN HAVE, UH, LARGER PROJECTS THAT CAN CONTINUE TO, TO, UH, TO PROGRESS IN, UH, IN THE TSPS FOOTPRINT. 
          UH, MAYBE THERE MIGHT BE A PRO PROJECTS THAT ARE, UH, WITHIN TWO TSPS THAT DON'T NECESSARILY AFFECT ALL OF ERCOT, BUT THAT CAN BE ALSO SOMETHING THAT CAN BE, UH, PUSHED FORWARD, UH, UNDER THAT REVISION. 
          UM, AND THEN HIGHER LEVELS OF COLLABORATION IS GONNA BE NEEDED ACROSS THE BOARD. 
          UM, OBVIOUSLY THIS IS NOT SOMETHING THAT GETS DONE BY ONE GROUP ALONE. 
          UM, IT HAS BEEN A VERY, VERY, UH, UH, FRUITFUL COLLABORATION OVER THE LAST YEAR AS THIS PROJECT AND THIS PROCESS HAS BEEN DEVELOPED, AND, UH, REALLY APPRECIATE ALL OF THE GREAT WORK. 
          BUT, UH, UH, ERCOT AND CHRISTIE'S TEAM AND EVERYBODY ELSE'S ERCOT, AS WELL AS ALL THE TSPS HAVE DONE TO MAKE SURE THAT ALL OF THIS COMES FORWARD NOW TO WHERE WE CAN HAVE A, A, A PROJECT PLAN THAT WILL BE ACTIONABLE, UH, COMING OUT OF HERE. 
          UM, AND THEN, UH, LAST POINT HERE ON THIS, UH, SLIDE IS, YOU KNOW, AS WE'RE DEVELOPING THIS PRO, THIS PROCESS CHANGE AND, UH, ALL OF THESE UPGRADES, UH, WE WANNA MAKE SURE THAT THOSE COMMON PERIODS ARE HELD THROUGHOUT THE PROCESS AS OPPOSED TO AFTER. 
          SO WE CAN STREAMLINE, UH, GETTING TO THE FINAL ANSWER. 
          AND THEN MY LAST SLIDE HERE, UM, SOME OF, OF THE KEY THINGS THAT WE FEEL ARE, ARE NECESSARY, UM, AGAIN, SOME OF THESE THEMES ARE GONNA OVERLAP, UH, WITH CHRIS AND WITH CHRISTIE AS WELL. 
          UH, ONE SINGLE SET OF MODELS. 
          UH, CURRENTLY WE HAVE MULTIPLE PROCESSES THAT KICK OFF DURING THE YEAR TO UPGRADE AND, AND DEFINE MODELS AND, UH, BUILD CASES. 
          UH, WE BELIEVE THAT IT COULD BE STREAMLINED SO THAT WE CAN ALL WORK ON ONE SET OF MODELS, UH, THAT CAN THEN BE LEVERAGED BY ALL OF OUR WORKING GROUPS ACROSS, UH, THE, THE ERCOT, UH, FOOTPRINT, UM, IMPROVING, UH, THOSE POWER FLOW MODELS AS WELL. 
          THERE'S NEW, NEWER TECHNOLOGIES, UH, NEWER CAPABILITIES WITHIN POWER FLOW THAT GET US CLOSER TO WHAT THE OPERATIONS, UH, TEAMS ARE GONNA SEE IN REAL LIFE. 
          UM, IMPROVING THE GENERATION DISPATCH, UH, THAT'S PART OF THOSE MODELS SO THAT WE CAN HAVE BETTER UNDERSTANDING OF HOW GENERATION AND TRANSMISSION FLOWS, UH, COORDINATE AND CO, UH, COLLABORATE, UM, ALONG THE WAY, UH, ESTABLISHING THOSE CLEAR HANDOFFS BETWEEN THE LARGE LOADS, TSPS AND ERCOT, AND THE GENERATION SPACE. 
          WE HAVE A VERY WELL DEFINED GENERATION INTERCONNECTION PROCESS, UH, THAT HAS A PORTAL. 
          UH, WE BELIEVE THAT THERE'S PROBABLY AN OPPORTUNITY THERE TO DO SOMETHING SIMILAR FOR LARGE LOADS SO THAT WE CAN HAVE ONE WAY TO GET ALL THIS DATA VETTED AND THEN, UH, PROPERLY, UM, COMMUNICATED TO THE RIGHT PARTIES, UH, ACROSS THE BOARD FROM, FOR THE STUDIES. 
          UM, AGAIN, UH, CAN NEVER SAY TOO MUCH ABOUT COLLABORATION THAT'S REQUIRED. 
          UM, THERE'S A BULLET THERE ON DEVELOPING INTEGRATED RESOURCE PLANNING PASS. 
          AGAIN, UH, BEING IN THE HOUSTON AREA, WE DO HAVE A, A, A PLAY THAT, UH, GOES BETWEEN GENERATION NATIVE TO OUR SERVICE AREA AND IMPORTS THAT TAKES 
          [00:40:01]
TO, TO BE ABLE TO RELIABLY SERVE ALL OF THE LOWS THAT ARE, UH, ASKING FOR INTERCONNECTION INTO OUR SYSTEM. 
          SO WE WANT TO SEE SOME ADDITIONAL WAYS THAT WE CAN TAKE A LOOK AT WHAT ARE THE GENERATION PLANS THAT ARE DEVELOPING, HOW DO WE MAKE SURE THAT WE UNDERSTAND WHAT MARKET SIGNALS ARE GONNA COME OUT OF THAT, SO THAT WE CAN CONTINUE TO DRIVE THE ABILITY OF THE SYSTEM TO CONTINUE TO ENABLE ALL OF THE COMMERCIAL GROWTH THAT TEXAS HAS AT, AT, AT ITS FINGERTIPS. 
          UM, I MENTIONED STUDYING OFF SEEK SCENARIOS, OFF PEAK SCENARIOS. 
          UM, OBVIOUSLY WE, WE'VE HIT ON THAT. 
          AND THEN ONE LAST COMMENT HERE IS, UM, THERE'S A LOT OF DIFFERENT CON UH, CONTACTS ALONG THE WAY THROUGHOUT THE YEAR, UH, FROM ERCOT TO THE TSPS. 
          UH, WE BELIEVE THAT IT IS REALLY IMPORTANT TO MAYBE FORMALIZE A SINGLE POINT OF CONTACT OR A SINGLE PROCESS BY WHICH WE CAN EXCHANGE THAT INFORMATION, AND AGAIN, CUT DOWN ON THE DUPLICATIVE EFFORTS, UH, AND ADD SOME EFFICIENCY BACK INTO THE, THE OVERALL PROCESS. 
          SO I'LL PAUSE THERE FOR ANY QUESTIONS. 
          ANY QUESTIONS FOR REDWATER? GOT ANY QUESTIONS? JULIE, ON, ON THAT LAST POINT, WHICH SOUNDS GOOD. 
          ARE YOU THINKING ABOUT LIKE A, UH, CUSTOMER ACCOUNT MODEL WHERE IT'S ONE PERSON FACING THE TSP FROM ERCOT? I THINK IDEALLY IT, IT, IT COULD BE LIKE A, LIKE, LIKE A, LIKE A PERSON THAT'S, UH, GOT THAT RELATIONSHIP WITH EACH ONE OF THE TSPS, UM, UNDERSTANDING THAT THERE'S PROBABLY GONNA BE MULTIPLE AVENUES FOR INFORMATION AND DATA REQUEST. 
          UH, BUT AT A MINIMUM TO BE ABLE TO HAVE TO ONE PERSON TO GO BACK TO, OR ONE PLACE TO GO BACK TO. 
          SO LIKE THAT YOU CAN MAKE SURE THAT YOU DON'T, YOU'RE NOT LOSING INFORMATION TRANSFER IN MULTIPLE WAYS. 
          AND IS THIS ONE OF THE SOLUTIONS TO SCALING? I MEAN, WE'RE, WE'RE ALL THINKING ABOUT THE FUTURE AND HOW BIG THINGS COULD GET. 
          YEAH, I THINK THE WAY THAT WE SEE IT IS THERE'S, THERE'S QUITE A LOT OF TRAFFIC. 
          UM, WE'RE EXCHANGING MODEL INFORMATION, WE'RE EXCHANGING TECHNICAL INFORMATION, CUSTOMER INFORMATION. 
          UM, SOMETIMES THAT INFORMATION GETS COMMUNICATED IN DIFFERENT WAYS TO DIFFERENT PARTIES, AND IT'D BE EASIER, OR AT LEAST THE, THE EFFORT SHOULD BE HOW DO WE CONSOLIDATE IT SO THAT WE ARE ALL TALKING OFF OF THE SAME, UH, SET OF, UH, DATA. 
          UM, THIS IS WHERE THE PORTAL WOULD ALSO COME INTO, INTO PLAY. 
          IT WOULD BE VERY USEFUL TO BE ABLE TO HAVE ALL OF THAT INFORMATION IN ONE LOCATION. 
          END OF THE QUESTIONS. 
          OKAY. 
          OKAY. 
          ANY OTHER QUESTIONS FOR CHRIS? I KNOW HE'S ALREADY SAT DOWN. 
          OKAY. 
          ALL RIGHT. 
          WELL, THANK YOU FOR THE, UH, TRANSMISSION SEGMENT, UH, FEEDBACK. 
          WE'RE NOW GONNA GO TO 
          [6.2 Independent Generator Segment – Constellation Energy Generation and Engie North America Inc.]
AGENDA ITEM 6.2 AND ASK TO GET, UH, FEEDBACK FROM THE INDEPENDENT GENERATOR SEGMENT OF STAKEHOLDERS. 
          UH, BRIAN SAMS WITH CONSTELLATION IS GONNA BE OUR FIRST PRESENTER. 
          BRIAN. 
          HI THERE. 
          BRIAN SAMS WITH CONSTELLATION. 
          IT'S GREAT TO BE HERE WITH YOU ALL TODAY. 
          MY WIFE IS AN OHIO STATE GRAD, SO IT JUST IS, THIS IS LIKE SO MUCH BETTER THAN, UH, THAN THE CAR RIDE HOME ON ON SATURDAY WHERE SHE TOLD ME SHE, UH, COULDN'T TALK ABOUT THE GAME ANYMORE. 
          JUST WAS OVER IT. 
          SO, UM, I, UH, UH, I'M EXCITED TO TALK TO YOU ABOUT COMPREHENSIVE TRANSMISSION PLANNING, . 
          OKAY, SO, UH, CONSTELLATION IS A BIG COMPANY. 
          WE HAVE ABOUT, UH, 55 GIGS OF CAPACITY ACROSS THE US AND HERE IN TEXAS, UH, IT'S AROUND 14. 
          AND, UM, SOME OF OUR PLANTS ARE OLD ENOUGH TO COLLECT SOCIAL SECURITY. 
          SOME OF THEM ARE IN DIAPERS. 
          AND IF YOU LOOK, UH, JUST IN OUR TEXAS MAP GOING FROM, UH, FAR WEST TEXAS TO THE METROPLEX, TO THE SHIP CHANNEL IN HOUSTON, ALL THE WAY DOWN TO THE VALLEY, UH, WE'VE GOT PLANTS ACROSS THE STATE AND, UM, A VARIETY OF, OF, UH, GAS AND, UH, NUCLEAR AND WIND. 
          AND ONE OF THE THINGS I LOVE ABOUT WORKING AT CONSTELLATION IS THAT, UH, BECAUSE IT'S SO BIG, UH, I'VE GOT A, ME AND EVERY REGULATED, OR EVERY, EVERY ISO, AND SO WE'RE ABLE TO SEE WHAT WORKS AND WHAT DOESN'T WORK. 
          UH, EACH ISO IS KIND OF ITS OWN LITTLE PETRI DISH FOR MARKET DESIGN. 
          AND SO, UH, JUST A LOT OF VAST EXPERIENCE. 
          AND THAT'S, THAT'S THE, THE TAKEAWAY I WANT YOU ALL TO, TO, UH, GET FROM HERE IS THAT, UH, WE'RE ABLE TO SEE WHAT KIND OF WORKS AND WHAT DOESN'T WORK FOR MARKET DESIGN FOR, UH, THE COMPREHENSIVE TRANSMISSION PLANNING PROCESS. 
          VERY SUPPORTIVE OF THE DIRECTION THAT ERCOT IS GOING. 
          UM, WE WANT TO SEE LOAD COME ON FASTER. 
          AND THE FASTEST TO WAY YOU CAN GET, UH, MORE BASE LOAD DISPATCHABLE GENERATION IS BY HAVING MORE BASE LOAD ITSELF. 
          AND SO ONE OF THE THINGS THAT, UH, WE'RE INTERESTED IN IS JUST HAVING MORE INSIGHT INTO THE LOAD FORECAST, MORE VERACITY AND CREDIBILITY TO WHAT THE LOAD FORECAST LOOKS LIKE. 
          THE QUESTION I GET ALL THE TIME FROM, UM, MY TRADERS AND DEVELOPERS IS, UH, WHY ISN'T THERE A, AN EQUIVALENT VERSION OF THE GENERATION INTERCONNECTION REPORT THAT SHOWS WHAT SOME OF THESE LARGE LOADS ARE DOING? UM, AND I, I THINK HISTORICALLY THE REASON HAS BEEN BECAUSE, YOU KNOW, CUSTOMER INFORM CUSTOMER INFORMATION IN TEXAS IS VERY PROTECTED, 
          [00:45:01]
BUT IT'S A WAY TO PROVIDE OR COULD BE A WAY TO PROVIDE MORE VERACITY. 
          UH, AND I, I KIND OF DISTINGUISH, UH, DATA CENTER LOAD VERSUS, YOU KNOW, REFINERY, UH, LIKE A BIG REFINERY PROJECT OR AN LNG TERMINAL WHERE YOU, YOU CAN SEE THOSE KINDS OF BIG INDUSTRIAL PROJECTS COMING FOR, FOR YEARS. 
          DATA CENTERS. 
          YOU JUST DON'T HAVE THAT SAME KIND OF, UH, INSIGHT INTO. 
          AND SO IT'S, IT'S HARDER TO FORECAST. 
          I'M VERY SYMPATHETIC TO THE FOLKS THAT ARE FORECASTING IT, BUT, UH, ANYTHING THAT ERCOT OR THE COMMISSION TO DO TO PROVIDE VERACITY AND CREDIBILITY IS VERY APPRECIATED. 
          AND I WANT TO GIVE MR. BILLOW A SHOUT OUT. 
          'CAUSE, UH, HIS PRESENTATIONS, YOU ALL ARE GONNA SEE LATER TODAY, UH, OR MAYBE IT'S TOMORROW, UH, STARTS TO PROVIDE MORE SEGMENTATION, UH, THAT, THAT WE'VE BEEN ASKING FOR. 
          AND, UH, IT'S VERY, VERY APPRECIATED. 
          AND I JUST WANT TO ENCOURAGE THAT. 
          UM, JUST THE, THE, THERE'S ANOTHER THING THAT'S IMPORTANT FOR, FOR GENERATORS. 
          UH, OUR BUSINESS MODEL IS DIFFERENT THAN, UH, TSP, RIGHT? UH, WE'RE TYPICALLY USING RISK CAPITAL TO FUND, UM, MASSIVE CAPITAL INVESTMENT. 
          AND SO, UH, IF YOU CAN PROVIDE, UM, MORE CERTAINTY AROUND, UM, THE LOAD, MORE CERTAINTY AROUND THE RULES, UH, IT, IT'S A WAY TO ALLOW RISK CAPITAL TO FLOW IN, UH, EASIER. 
          AND SO THAT'S JUST A GENERAL THEME, IS MORE INFORMATION PROVIDES MORE VERACITY, OR EVEN IF IT, IT DOESN'T PROVIDE THE LEVEL OF CERTAINTY THAT SOMEONE WANTS, IT AT LEAST PROVIDES INFORMATION. 
          YOU KNOW, EVERY, EVERY SHOP HAS ITS OWN VIEW ON WHAT THE FUTURE LOOKS LIKE. 
          AND, UH, YOU, YOU SEE THAT MANIFEST IN INVESTMENT DECISIONS. 
          SO A KEY POINT HERE IS THAT, UH, WE WANNA SEE ACTIONABLE SIGNALS, UH, FOR GENERATION INVESTMENT. 
          AND WE FEEL LIKE, UH, A COMPREHENSIVE PLAN IS A, A GREAT STEP FORWARD FOR, FOR BATCH ONE. 
          UM, I HAD A CHANCE TO, TO PULL, UH, A LOT OF MY PEERS AND PEER COMPANIES THROUGH TCPA, UH, TO ASK WHAT WAS GONNA BE IMPORTANT TO THEM. 
          AND, UM, ONE OF THE, A LOT OF THE SAME THEMES ABOUT JUST HAVING, UH, MORE INFORMATION. 
          UM, ONE OF THE THINGS THAT WE'RE PARTICULARLY EXCITED ABOUT, UH, RECEIVING IS THE, UH, SURVEY TO HELP PRIORITIZE, UM, THE, THE BATCH ONE, UM, UH, L PUN, UH, PROCESS TO JUST HAVE MORE INSIGHT. 
          YES, IT'S, I I, I DON'T THINK ANYONE EXPECTS ERCOT TO TRY AND TACKLE 17 DIFFERENT, YOU KNOW, UH, PRIORITIES FOR WL PUNS OR BYOG CONFIGURATIONS. 
          AND SO ALLOWING THE MARKET TO PROVIDE SOME FEEDBACK ON WHAT TO PRIORITIZE, UH, WE'RE VERY EXCITED ABOUT. 
          AND JUST AGAIN, UH, WANT TO HIT THIS POINT ON, ON, UH, TRANSPARENCY, UH, THE MORE THAT YOU CAN PROVIDE, UH, THE BETTER IT'S GONNA BE FOR, UH, FOR RISK CAPITAL. 
          AND THAT WAS THE END OF MY PREPARED REMARKS. 
          THANK YOU. 
          THANK YOU, BRIAN. 
          ANY QUESTIONS FOR BRIAN? OKAY, THANK YOU. 
          UH, NEXT, UH, PRESENTER FOR THIS SEGMENT IS GONNA BE BOB HELTON. 
          ON BEHALF OF ANGIE. 
          BOB, THANKS FOR BEING HERE. 
          ALRIGHT, THANK YOU. 
          GOOD AFTERNOON. 
          HOW YOU DOING? THANK YOU FOR HAVING ME HERE TODAY TO TALK ABOUT, UH, THIS IS A PRETTY IMPORTANT SUBJECT FOR ALL OF US, WHETHER YOU'RE A CONSUMER, WHETHER YOU'RE A GENERATOR, WHETHER YOU'RE, NO MATTER WHAT PIECE YOU ARE OF THIS BUSINESS, UH, IT'S VERY IMPORTANT TO US AND WE, IT'S IMPORTANT FOR US TO GET THIS RIGHT. 
          UH, JUST A LITTLE BIT ON ENGIE. 
          WE LOOK, WHEN WE LOOK AT MARKETS, WE'RE LOOKING AT MARKETS WORLDWIDE. 
          WE'RE, WE'VE GOT 107 PLUS GIGAWATTS WORLDWIDE, UH, WITH, UH, $71 BILLION IN REVENUE. 
          SO IT'S A LARGE COMPANY. 
          WE SEE A LOT OF THINGS AND EVERYTHING. 
          AND I'LL TELL YOU FROM WHAT I HEAR FROM MY PARTNERS ACROSS THE POND, I'M KIND OF GLAD TO BE OVER HERE DOING, DEALING WITH THESE ISSUES. 
          'CAUSE THEY HAVE A LOT OF DIFFERENT ISSUES THAN WE HAVE. 
          AND, UH, I DON'T LIKE THE WAY SOME OF THOSE ARE BEING DONE OVER THERE. 
          UH, IN THE US WE HAVE 13.7 GIGAWATTS. 
          IT'S WIND SOLAR STORAGE, AND WE DO HAVE A PRETTY LARGE, UH, ENERGY SUPPLY. 
          SO WE ARE LOOKING AT THE MARKET ACROSS ALL OF THOSE PIECES, NOT JUST FROM THE GENERATOR STANDPOINT, BUT FROM THE COST AND THE LOAD AND WHAT WE WOULD PAY FROM THAT SIDE. 
          SO WE ARE VERY SENSITIVE TO THAT AND UNDERSTAND THAT A MARKET THAT LEADS EITHER TOO FAR, TOWARDS LOADS, TOO FAR TOWARDS GENERATION ISN'T VIABLE IN THE LONG RUN. 
          IT NEEDS TO BE A BALANCE SHEET TO WHERE YOU TRY TO GET TO WHERE EVERYONE IS BENEFICIAL FROM THE PROJECTS OR GOING FORWARD FROM A TEXAS STANDPOINT. 
          ON, UH, ON THE US SIDE, UH, ABOUT 80% OF, OF NG'S REVENUES COME FROM TEXAS, SO OVER SEVEN GIGAWATTS OF, OF THIS 13 THAT ARE HERE IN TEXAS. 
          AND ONE OF OUR LARGE, UH, INDUSTRIAL CUSTOMER SERVICE, 
          [00:50:01]
UH, IS HERE IN TEXAS. 
          SO, SO WE HAVE A, A, A, A LARGE PRESENCE IN ERCOT. 
          WE WANT TO CONTINUE THAT. 
          WE PLAN ON CONTINUING THAT. 
          UH, THE FOLKS ACROSS THE POND, LIKE TEXAS, THEY LIKE NORTH AMERICA AND THEY WANNA KEEP GROWING HERE. 
          SO THAT'S KIND OF WHERE WE ARE. 
          K KIND OF GOING ON, I, I'M KIND OF TAKING A LITTLE BIT OF A DIFFERENT TACT AS WE GO THROUGH. 
          AND YOU'LL SEE THAT PRETTY MUCH ON MY SECOND SLIDE IS, YOU KNOW, WE'VE HAD PRESENTERS COME IN AND WE'RE TALKING ABOUT, OKAY, HERE'S THE, HERE'S HOW WE GET THE LOAD IN, HERE'S HOW WE GET THE LOAD IN, HERE'S WHAT THAT NEEDS TO LOOK AT. 
          AND BRIAN, UH, KIND OF GAVE, GAVE ME A GREAT SEGUE INTO MY NEXT SLIDE THAT'S COMING UP IS, FROM A GENERATOR STANDPOINT, WHAT DO WE THINK IS NEEDED INTO THE PROCESS TO HELP ON THAT SIDE ALSO, RATHER THAN JUST HOW WE INTEGRATE LOADS AND GET A GOOD LOAD FORECAST INTO THE SYSTEM. 
          SO THAT'S WHAT I'M GONNA TALK ABOUT ON THE NEXT SLIDE. 
          THIS ONE, YOU KNOW, JUST GOING THROUGH, YOU KNOW, IT'S THE MAIN THING WE SEE IS WE WANT TRANSPARENCY AND STABILITY IN THE STUDY ASSUMPTIONS AND THE ALLOCATION DECISIONS ON HOW YOU'RE DOING THIS. 
          SO THAT WHEN WE START THE PROCESS, WE END THE PROCESS, WE KNOW WHAT IT LOOKS LIKE, WHAT IT IS, AND WHERE WE ARE DURING EACH PHASE, ALL THE WAY THROUGH THE END. 
          SO WE'VE GOT STABILITY. 
          SO WE, AS WE MAKE THOSE DECISIONS GOING THROUGH FOR INVESTMENTS, WE KNOW THAT NOTHING'S GONNA CHANGE DRASTICALLY ON US. 
          IT'S GONNA CHANGE WHAT WE'RE DOING. 
          SO WE CAN TAKE SOME RISKS IN THE CAPITAL EXPENDITURES. 
          AS, AS, UH, BRIAN KIND OF MENTIONED, PRIORITIZE THE DEVELOPMENT OF STATUS TOOLS AND DATA INPUT AND STATUS PROGRESSION. 
          AND THAT'S KIND OF GETTING INTO, IN A, IT WAS MENTIONED A LITTLE EARLIER, RIO IS WORKING REALLY GOOD. 
          UH, WE NEED TO CONTINUE WITH RIO AND IT'S ONE OF THE THINGS I'M GLAD TO SEE THAT ERCOT IS GOING DOWN THE PATH OF NOT REALLY PUTTING, UH, THE GENERATION INTERCONNECTION PROCESS COMPLETELY UNDER THE, THE COMPLETE CHANGE HERE. 
          THAT WAS, UH, I THINK A VERY WISE DECISION. 
          I THINK WE TAKE PARTS OF THAT AND PUT IT INTO THE, TO THE LOAD SIDE. 
          AND THIS IS ONE OF THOSE I'M TALKING ABOUT IS EITHER USING SOME HYBRID OF A RIO OR SOMETHING TO STRAT TRACK AND STATUS AS WE GO THROUGH ON, ON THE LOAD SIDE. 
          UH, ENSURE THAT THE LOCAL BULK, UH, LOCAL AND BULK TRANSMISSION NEEDS, AND THIS IS WHERE I START TO KIND OF BREAK A LITTLE BIT. 
          IT'S AS WE'RE GOING THROUGH, WE CANNOT FORGET AS WE'RE DOING THIS ONCE A YEAR, UH, STUDY FOR THE COMPREHENSIVE TRANSMISSION PLANNING, THAT WE HAVE THINGS THAT GO ON THROUGH THE YEAR. 
          WE HAVE LOCAL CONGESTION, WE HAVE AS WE DO OUR STABILITY ANALYSIS THROUGH THE YEAR, WE HAVE CONGESTION, TRANSMISSION, YOU KNOW, GENERAL GENERIC TRANSMISSION CONSTRAINTS THAT ARE DEVELOPED AND SOME CAN GO AWAY. 
          ALL OF THOSE THINGS NEED TO BE ADDRESSED IN A DIFFERENT TIMEFRAME. 
          SO WE NEED TO, AS WE COMBINE THIS ALL TOGETHER, WE NEED TO ENSURE THAT NOT ONLY DO WE HAVE THIS BIG PIECE HERE TO WHERE WE ONCE A YEAR GO THROUGH THE PROCESS IN DOING THIS, THAT WE HAVE FEED INS AND WE DON'T P PUT TOO FAR TO THE SIDE, EVERYTHING ELSE WE NEED TO BE DOING AND MAKE SURE THAT THEY'RE A PRIORITY ALSO AS WE MOVE FORWARD. 
          UH, AND THAT'S WHERE I'M GOING INTO WITH THE INTEGRATION OF THE COMPREHENSIVE PLANNING PROCESS ON THE RESOLUTION OF GENERIC TRANSMISSION CONSTRAINTS. 
          THAT'S KIND OF A LOCAL PIECE. 
          WE NEED TO, WE DO THAT, WE LOOK AT THAT, BUT I THINK WE NEED TO STEP THAT UP AND MAKE THAT AN INTEGRAL PART OF THE GENERIC TRANSMISSION, UH, PLANNING PROCESS AND THE COMPREHENSIVE TRANSMISSION PROCESS TO ENSURE THAT WE'RE ADDRESSING THOSE, LOOKING AT WAYS OF GETTING RID OF THOSE AS WE MOVE FORWARD INTO PROCESS IN TIMELY MANNERS TO REDUCE THE CONGESTION COST TO CONSUMERS AND TO ALSO INCREASE THE RESILIENCY OF THE GRID. 
          UH, AND THEN RECOGNIZE THE RELIABILITY AND TRANSMISSION BENEFITS OF GRID ENHANCING TECHNOLOGIES. 
          I'VE GOT TOPOLOGY CONFIGURATIONS ALSO KINDA LOOK AT THAT AS THE SAME AS A GRID. 
          GRID ENHANCING TECHNOLOGIES. 
          WE KNOW THEY'RE OUT THERE. 
          ERCOT CAN USE THOSE, DOES USE THOSE IN PLACES. 
          I THINK WE NEED TO STEP THAT UP IN THE, IN THIS COMPREHENSIVE TRANSMISSION PROCESS AND MAKE IT A PART OF IT RATHER THAN LOOKING AT THIS AND SAYING, WELL, SOMEBODY'S GOT AN IDEA TO DO THIS. 
          WE NEED TO LOOK AT THAT WHEN WE'RE LOOKING AT THE PLANNING. 
          IS THERE A, A GRID ENHANCING TECHNOLOGY THAT CAN BE USED HERE RATHER THAN LOOKING AT HERE'S WHAT WE'VE GOT AND THEN COMING IN AND LOOKING AT THAT AT A LATER DATE. 
          I THINK THAT NEEDS TO BE INTEGRATED INTO THE PROCESS. 
          SO THAT'S WHERE WE ARE ON, ON THE OVERALL COMPREHENSIVE TRANSMISSION PLANNING. 
          NOW, WHERE I WANTED TO GO THROUGH ON THIS IS THE PRIORITIZATION SPEED OF THE MARKET, DEVELOPING FLEXIBLE, BRING YOUR OWN GENERATION AND CO-LOCATION CONFIGURATIONS. 
          IT'S EASY TO WRITE AND SAY, WE WANT YOU TO BRING YOUR OWN GENERATION. 
          IT'S EASY TO SAY, WE WANT YOU TO CO-LOCATE. 
          WE NEED IT FOR RELIABILITY, WE NEED IT FOR, FOR UH, UH, RESOURCE ADEQUACY ISSUES. 
          [00:55:01]
WE'VE GOTTA MAKE SURE WE'VE GOT THE PROCESSES AND THE REGISTRATION IN PLACE TO BE ABLE TO DO THAT. 
          AND, UH, IT, YOU KNOW, AND I I WILL SAY, I'M HAPPY TO SAY THAT ERCOT HAS COME UP WITH THEIR LIST OF 17 THAT THE BRIAN BROUGHT UP. 
          UH, WE ALL UNDERSTAND WE CAN'T DO ALL 17 AT ONE TIME, BUT WE NEED TO UNDERSTAND THE IMPORTANCE OF ALL 17 OF THOSE. 
          THOSE ARE VERY IMPORTANT, NOT ONLY FROM THE STANDPOINT OF BEING ABLE FOR RESOURCE ADEQUACY TO ATTRACT THAT INVESTMENT TO GET 'EM HERE, BUT IT'S TO MAKE 'EM ECONOMICALLY VIABLE SO THAT YOU CAN USE DIFFERENT RESOURCES, UH, FOR VARYING DIFFERENT PURPOSES TO DO VOLTAGE RIDE THROUGH, TO DO THOSE KIND OF RIDE THROUGH THINGS FOR THE LOAD AND SERVE THE GRID AS NECESSARY. 
          THOSE WILL BE BASICALLY LIKE NETTED NETWORKS. 
          UH, WE NEED TO BE ABLE TO DO THAT IN MULTIPLE POIS WHERE YOU'VE GOT YOUR POINT OF INTERCONNECTS SO THAT THEY CAN ALL BE NETTED AND WORKED. 
          WHAT WE'RE TRYING TO DO IS NOT SET SOMETHING UP TO GET AWAY FROM SOMETHING. 
          WE'RE TRYING TO SET UP THE TRANSPARENCY SO THAT YOU COULD SHOW WHERE IN THE TRANSMISSION SYSTEM ALL OF THESE MEGAWATTS AND VOLTAGE SUPPORT AND RIDE THROUGH CAPABILITY IS USED AND HOW IT COULD BE SEEN BY ERCOT IN THE CONTROL ROOMS TO SEE HOW IT'S DONE. 
          AND THEN THEY PUT THAT IN THEIR PLANNING PROCESSES AND THAT DOES A COUPLE THINGS. 
          IT RAISES THE RELIABILITY OF THE SYSTEM. 
          IT ALSO HELPS ON RESOURCE ADEQUACY 'CAUSE THEY WILL BRING THEIR OWN GENERATION MORE FREQUENTLY BECAUSE IT'LL BE ECONOMIC TO DO SO, BECAUSE IT'S NOT ALL JUST ON A RIDE THROUGH COST. 
          IT'S, YOU CAN USE THAT ASSET IN VARIOUS WAYS. 
          SO THAT'S KIND OF WHAT WE'RE TALKING ABOUT IN BRINGING YOUR OWN GENERATION IN THE NEED FOR THOSE 17 ITEMS. WE NEED TO KEEP THOSE FOCUSED. 
          UH, AND THEN THE INCREASED RELIABLE USES OF GENERATION RESOURCES, I KIND OF HIT ON THIS, IS THAT WE SHOULD BE ABLE TO REGISTER AND NET METER IN A MANNER THAT YOU CAN USE THOSE RESOURCES FOR VARIOUS THINGS. 
          AS I MENTIONED, YOU CAN USE IT TO RIDE THROUGH CAPABILITIES TO HELP OUT FOR THE, THE RELIABILITY OF THE SYSTEM. 
          YOU CAN ALSO PUT IT INTO ANCILLARY SERVICES, A DIFFERENT PIECE OF IT. 
          AND THAT'S WHY THE NET METERING IS IMPORTANT TO ENSURE THAT NO ONE'S DOING ANY DOUBLE DIPPING, DOUBLE USING A MEGAWATTS OR TRYING TO DO SOMETHING ELSE WITH THE SYSTEM. 
          THIS IS ALL FOR TRANSPARENCY TO MAKE SURE THAT WE'RE GETTING THE RIGHT USES OUT OF THE RIGHT THINGS IN AN EFFICIENT MANNER. 
          AND ALL THIS SHOULD BE PUT INTO THE TRANSMISSION PLANNING, UH, PROCESS. 
          AND THAT'S PRETTY MUCH ALL I'VE GOT. 
          BE MORE THAN HAPPY TO ANSWER ANY QUESTIONS. 
          THANK YOU. 
          UH, WOODY, UM, BOB, DOES, UM, DOES FUTURE TRANSMISSION MAKE NEW GENERATION MORE OR LESS LIKELY TO BE BUILT? DOES IT MAKE IT MORE OR LESS LIKELY? I THINK IT CAN MAKE IT MORE LIKELY. 
          UH, AND I'LL GIVE YOU AN EXAMPLE IF, YOU KNOW, I'VE HEARD A LOT OF THINGS THAT SAYS, WELL, WE CAN PUT A GENERATOR IN OVER HERE IN THIS LOAD POCKET, AND THAT'LL FIX THE PROBLEM. 
          IT WILL FOR SOME PERIOD OF TIME, BUT WHAT'S GONNA HAPPEN IS, IS THAT'S NO LONGER GONNA BE THAT PLACE. 
          AND IF YOU DON'T HAVE THE TRANSMISSION TO MOVE THAT TO OTHER AREAS OF THE GRID, THEN IN TIME THAT'S NOT GONNA BE A VIABLE ASSET. 
          IT'S GONNA BE STUCK IN THAT AREA. 
          SO YOU NEED TO HAVE TRANSMISSION WHERE YOU CAN MOVE THOSE MEGAWATTS AROUND TO WHERE THEY'RE NEEDED MOST IN THE SYSTEM, REGARDLESS OF WHERE THAT'S AT. 
          SO THE MORE PATHS YOU HAVE, THE BETTER YOU'RE GONNA HAVE FOR TRANS FOR GENERATION TO BUILD AND BE ABLE TO ACCESS THEIR LOADS. 
          WOULD BE MY THOUGHT FOR THAT. 
          OKAY. 
          ANY, OH, JULIE, BOB, CAN YOU JUST TALK A LITTLE BIT MORE ABOUT YOUR FINAL TWO POINTS? HOW IS THAT DIFFERENT THAN TODAY? OH, YOU MEAN THE INCREASED, RELIABLE USES OF GENERATION RESOURCES? NO. 
          ABOUT, UM, DEVELOPED RULES FOR RESOURCES THAT ARE ADDED FOR OPERATIONAL REQUIREMENTS THAT ALSO WANT TO PARTICIPATE IN ANCILLARY SERVICES. 
          CAN YOU, WELL, TODAY WE ARE LIMITED IN WHAT WE CAN DO ON THAT. 
          AND WE'LL GIVE YOU AN EXAMPLE OF, SAY IF, IF I WANTED TO PUT A, A RESOURCE AND I'LL USE STORAGE SINCE WE DO STORAGE, WE MAY NOT ALWAYS BE DOING STORAGE. 
          WE MAY BE DOING OTHER, OTHER PROJECTS, UH, ALSO, BUT IF YOU WANT TO DO THAT AND YOU WANNA PUT IT BEHIND A METER OR SOMEWHERE TO WHERE IT CAN BE USED FOR VOLTAGE OR FOR RIDE THROUGH CAPABILITY TO DO THAT BEHIND A METER BASED ON THE WAY THINGS ARE REGISTERED NOW, YOU REALLY CAN'T DO THAT. 
          SO WHAT WE'RE LOOKING AT IS CHANGING THOSE PROCESSES SO THAT WE CAN NOT ONLY REGISTER IT TO WHERE IT CAN BE MULTIFUNCTIONAL AND EFFICIENT, BUT THEN WE CAN METER IT APPROPRIATELY. 
          SO WE'VE GOT THE VISIBILITY INTO DOING THOSE AND KNOW THAT THEY'RE DOING WHAT THEY'RE SUPPOSED TO BE DOING. 
          ANYBODY ELSE? OKAY, BOB, THANK YOU. 
          ALRIGHT. 
          THANK YOU VERY MUCH FOR YOUR TIME. 
          OKAY. 
          WE APPRECIATE THAT HELP. 
          UH, WE'RE 
          [6.3 Industrial Consumer Segment – Google]
GONNA, UH, WE'VE GOT ANOTHER 
          [01:00:01]
SET OF STAKEHOLDERS, THE INDUSTRIAL CONSUMER SEGMENT, AND, UH, THEY'RE REPRESENTED BY GOOGLE TODAY. 
          WE'VE GOT DOUG LEWIN AND ERIC SCHUBERT. 
          AND, UH, DOUG IS, UH, CHRIS MATTOS ONLINE AS WELL. 
          I DON'T KNOW IF HE IS, BUT I THINK WE'RE OH, HE IS. 
          OKAY, GREAT. 
          SO, UM, CHRIS, WELCOME. 
          YEAH, I DON'T KNOW IF WE CAN HEAR HIM, BUT THAT'S OKAY. 
          SO, WE'LL, WE'LL TALK IT IF THERE'S A QUESTION. 
          HE MAY, HE MAY WANNA JUMP IN AT SOME POINT. 
          BUT, UH, UM, GOOD AFTERNOON EVERYBODY. 
          I'M DOUG LEWIN WITH THE ENERGY MARKET DEVELOPMENT AT GOOGLE. 
          UH, CHAIR FLORES AND ERCOT, BOARD MEMBERS, CHAIR, GLEE AND COMMISSIONERS. 
          GOOD TO, GOOD TO BE WITH YOU TODAY. 
          LOT OF TALK TODAY ABOUT THE, UH, UT OHIO STATE GAME. 
          I'LL JUST SAY CHAIR FLORES AND CHAIR GLEASON. 
          WE'RE LOOKING FORWARD TO THE FRIDAY AFTER THANKSGIVING. 
          I'M SURE YOU GUYS ARE TOO. 
          SHOULD BE FUN THIS YEAR. 
          UM, APPRECIATE THE CHANCE TO BE HERE TODAY. 
          UM, I CO-LEAD THIS ENERGY MARKET DEVELOPMENT WORK IN TEXAS WITH MY COLLEAGUES, CHRIS MATOS, WHO IS ON THE LINE, AND ERIC SCHUBERT, WHO IS, WHO IS HERE. 
          UM, FOR THOSE OF YOU THAT DON'T KNOW THEM, UM, ERIC SPENT A GOOD PART OF HIS CAREER AT THE PUC IN THE EARLY DAYS OF COMPETITION. 
          HE'S JUST AN ABSOLUTE WEALTH OF KNOWLEDGE. 
          I'M LEARNING A TON FROM HIM. 
          AND OF COURSE, CHRIS HAS ALREADY FORGOTTEN MORE ABOUT THIS BATCH PROCESS THAT I'LL PROBABLY EVER KNOW, LEARNING A TON FROM HIM AS WELL. 
          SO WHAT WE'RE GONNA DO TODAY IS JUST OUTLINE HOW DATA CENTERS FUNCTION WITHIN THE BROADER TEXAS ENERGY POWER ECOSYSTEM. 
          HOW OUR CAPITAL INVESTMENTS ALIGN WITH STATE POLICY PRIORITIES AND WHERE WE THINK TRANSMISSION INTERCONNECTION PROCEDURES NEED TO EVOLVE TO KEEP PACE WITH ECONOMIC GROWTH. 
          THESE CHALLENGES IN FRONT OF US RIGHT NOW ARE CONSIDERABLE, BUT WE THINK WITH THE EXPERTISE WITHIN THIS MARKET, WITHIN THIS GRID, UM, WITHIN THIS ROOM, WE CAN REALLY MEET THAT HERE, HERE IN TEXAS. 
          ALRIGHT, LET'S SEE. 
          JUST PRESS, THERE WE GO. 
          UM, JUST A COUPLE THINGS, RIGHT, BECAUSE DATA CENTERS ARE SO MUCH IN THE PUBLIC DIALOGUE THESE DAYS. 
          JUST WANTED TO GIVE JUST A COUPLE MINUTES ABOUT HOW THESE REALLY ARE THE PHYSICAL FOUNDATION OF MODERN COMMUNICATIONS AND DIGITAL COMMERCE. 
          EVERYTHING YOU'RE DOING ON YOUR PHONE AND YOUR COMPUTER AND EVERYBODY IN THIS GREAT EVERYTHING, EVERYBODY IN THIS GREAT STATE IS DOING, UH, ON THEIR PHONES AND COMPUTERS IS RUNNING THROUGH SOME PHYSICAL PLACE. 
          WE TALK ABOUT THE CLOUD, IT SEEMS, SEEMS VERY ETHEREAL, BUT THERE IS ACTUAL PHYSICAL INFRASTRUCTURE THAT IS NECESSARY FOR THAT. 
          UM, PRETTY MUCH EVERYTHING WE DO FROM EMERGENCY DISPATCH TO BUSINESSES HANDLING CREDIT CARD, UM, AND, YOU KNOW, UM, TRANSACTIONS, EVERY SINGLE THING WE DO IS RUNNING THROUGH, UM, A CLOUD SOMEWHERE. 
          UM, AND JUST AS, AS SEVERAL EXAMPLES OF THAT, PRETTY MUCH EVERY HOSPITAL PHYSIC PHYSICIAN'S OFFICE IS USING ELECTRONIC HEALTH RECORDS. 
          AGAIN, THAT HAS TO GO THROUGH A PHYSICAL DATA CENTER SOMEWHERE. 
          THERE'S ALSO ALL SORTS OF INNOVATION WITHIN AI THAT IS HAPPENING ON GRIDS THAT IS HELPING, UH, TO, TO ENSURE RELIABILITY AS WELL. 
          UM, GOOGLE, AS YOU GUYS KNOW, HAS A GLOBAL FOOTPRINT, BUT YOU MAY NOT KNOW WE HAVE 32 LOCATIONS AROUND THE WORLD THAT, OF COURSE IS GROWING. 
          THERE ARE TWO OF THEM ACTIVE HERE, UM, WITHIN TEXAS. 
          AND WE HAVE ALSO ANNOUNCED SEVERAL NEW SITES, INCLUDING A $40 BILLION INVESTMENT, UH, IN THE STATE OF TEXAS FOR JUST TWO YEARS. 
          20 26, 20 27, $40 BILLION OF INVESTMENT WITHIN THIS STATE. 
          UM, THERE'S A $30 MILLION ENERGY IMPACT FUND. 
          WE HAVE PROCURED 7.8 GIGAWATTS, UM, OF POWER. 
          AND THE ECONOMIC ACTIVITY GENERATED BY VARIOUS GOOGLE TOOLS IS, UH, ROUGHLY $50 BILLION. 
          UH, TURN IT OVER TO ERIC. 
          THANK, THANK YOU DOUG. 
          UM, OF COURSE, THE QUESTION IS WHY TEXAS AND, UH, WE INVEST HEAVILY IN TEXAS. 
          'CAUSE ERCO T'S COMPETITIVE MARKET MODEL ALLOWS US TO DEPLOY PRIVATE CAPITAL AHEAD OF NEED AND CONTRACT FOR RESOURCES DYNAMICALLY. 
          AND THIS MARKET HAS HISTORICALLY BEEN CAPABLE OF MOVING FASTER AND ONBOARDING INNOVATIVE GENERATION TECHNOLOGIES, MORE ADAPTIVELY THAN ANY TRADITIONAL RTO, IF NOT THE US AND THE WORLD. 
          AND TO BOB HILTON'S POINT, UM, IT DOES TAKE A LOT OF EFFORT TO GET THERE, BUT IT'S WORTH IT. 
          I'LL GIVE YOU AN EXAMPLE, WHAT WE HAVE DONE, OKAY, WHEN RENEWABLES FIRST STARTED IN ERCOT, THEY DEPLOYED IN AN OLD ZONAL SYSTEM AND THEY WERE DEPLOYED BADLY BECAUSE THEY WERE PAID WHETHER THEY GENERATED POWER, DELIVERABLE POWER OR NOT. 
          AND SO WHEN I WAS ON STAFF AT THE TIME, AS PART OF THE RULEMAKING TEAM, THAT THEY'RE THERE, UM, THAT INVESTIGATED THE MOVE FROM A ZAL TO A NOAL SYSTEM. 
          THIS WAS ABOUT 20 YEARS AGO OR SO. 
          UH, NODAL TURNED OUT TO BE A HUGE PROJECT. 
          BUT WHAT IT DID WAS THAT WE FOUND OUT FROM LOOKING AT THIS CLOSELY, IT DIRECTED RENEWABLE DEVELOPMENT TO PLACES WHERE DELIVERABLE POWER WAS AVAILABLE. 
          SO OTHER WORDS, YOU MAXIMIZE THE VALUE OF THE POWER TO, TO CUSTOMERS, NOT JUST NECESSARILY TO THE RESOURCES WHEN THEY GOT PAID FOR OMI DOWN PAYMENTS. 
          FOR THOSE OF YOU OLD ENOUGH TO REMEMBER THAT. 
          SO 
          [01:05:01]
REWARDING RENEWABLE P DELIVERABLE POWER HAS MADE A REAL DIFFERENCE. 
          AND WHY I SAY THAT, DO WE WORRY ABOUT SUMMER RELIABILITY THE WAY WE DID FIVE YEARS AGO? THERE IS SO MUCH SOLAR AND STORAGE IN THIS MARKET THAT HAS BEEN RAPIDLY DEPLOYED BECAUSE THEY ARE DEPLOYED AT THE RIGHT PLACES AT THE RIGHT TIMES. 
          THAT, FOR EXAMPLE, TODAY, WHICH IS WE'RE GONNA GET UP IN THE UPPER EIGHTIES IN TERMS OF DEMAND, 50 TO 60% OF THE DEMAND IS GONNA BE MET THROUGH RENEWABLES, BOTH WIND AND SOLAR. 
          AND THAT IS IN LARGE PART BECAUSE OF THE NOAL PROJECT, WHICH TOOK A LONG TIME FOR THOSE OF YOU REMEMBER. 
          SO IF WE HAVE TO PUT INTO THIS COMPREHENSIVE TRANSMISSION PLANNING PROCESS, A LOT OF TIME IT WILL PAY OFF IN THE LONG TERM. 
          'CAUSE THAT IS WHAT IS NEEDED TO BRING IN THE VALUE OF THE NEW TECHNOLOGIES TO CONSUMERS. 
          OKAY? UM, AND WE ARE ALSO HAPPY THAT THE BOARD'S ATTENTION TO LARGE LOAD ISSUES SIGNALS THAT TEXAS WANTS TO CONTINUE TO LEAD A MODERATE INFRASTRUCTURE. 
          BUT KEEPING THAT EDGE REQUIRES MODERNIZING HOW WE PROCESS INTEGRATE THESE PROJECTS, AS WAS DISCUSSED BY A COUPLE OF THE EARLIER SPEAKERS. 
          OKAY. 
          OKAY. 
          MEETING THE STATE POLICY GOALS. 
          OUR COMMERCIAL APPROACH DIRECTLY REINFORCES TEXAS ENERGY POLICY BY BRINGING NET NEW GENERATION INTO THE ERCOT GRID. 
          WE FOCUS HEAVILY ON GRID RELIABILITY, DEPLOYING COLAC CO-LOCATED RESOURCES AND DEMAND SIDE FLEXIBILITY THAT CAN RESPOND DURING TIGHT OPERATIONAL RESERVES TO KEEP THE LIGHTS ON ESSENTIALLY. 
          AND AGAIN, UM, THIS IS KIND OF THE TALK ABOUT NODAL, AGAIN, GOING BACK TO THAT, THAT'S THE SAME THING IS THAT THE DELIVERABILITY OF GENERATION IN THE RIGHT PLACES OF NEW TECHNOLOGIES THAT, THAT WERE NOW ENVISIONED WHEN SB SEVEN WAS PASSED IN 1999, UH, HAS HELPING THE GRID TODAY. 
          AND JUST TO HIGHLIGHT OUR RESPONSIBILITY IN THIS 'CAUSE WE'RE ASKING A LOT, OBVIOUSLY, THE PROCESS BEING, BEING IN THE DATA CENTER INDUSTRY. 
          GOOGLE ASSUMES FULL COST RESPONSIBILITY, PAYING A HUNDRED PERCENT OF THE TRANSMISSION AND INTERCONNECTION COSTS TIED TO OUR FACILITIES WHILE HELPING OFFSET NEEDED GRID UPGRADES. 
          SO COMPREHENSIVE TRANSMISSION PLANNING. 
          UM, TO MAKE THIS WORK, OBVIOUSLY ERCOT NEEDS TO REPLACE SOME OF THE SLOW AND ITERATIVE ENGINEERING STUDIES WITH EFFICIENT COORDINATED PLANNING. 
          THAT IS OF COURSE HAPPENING. 
          UH, THE PROCESS NEEDS TO PLAN FOR DIVERSE BEHIND THE METER AND ONSITE GENERATION OPTIONS. 
          WE CANNOT TREAT THEM AS AFTERTHOUGHTS. 
          THEY NEED TO BE INTEGRATED INTO THAT PROCESS. 
          ERCOT CAN AND SHOULD UTILIZE BOTH ONSITE AND OFFSITE RESOURCES AND OPERATIONAL FLEXIBILITY TO BOLSTER RELIABILITY. 
          THERE'S A LOT OF DEBATES OUT THERE NATIONALLY ABOUT PLANNING VERSUS MARKET DYNAMISM MARKETS, OF COURSE, BOTH ARE NECESSARY. 
          UH, PLANNING ALSO HAS TO BE INNOVATIVE TO KEEP UP WITH RAPIDLY CHANGING MARKET DYNAMICS. 
          LIKE THINGS LIKE AGGREGATED DISTRIBUTED ENERGY RESOURCES FRONT OF THE METER, BATTERIES BEHIND THE METER BATTERIES AND GENERATION LOAD FLEXIBILITY BOTH ONSITE AND OFFSITE. 
          THIS IS A REAL CHALLENGE, BUT IF IT CAN HAPPEN ANYWHERE AT IF IT, IT CAN HAPPEN ANYWHERE, IT'LL BE HERE, UH, AT ERCOT. 
          SO THERE'S, THERE'S A LOT ON THIS SLIDE AND OBVIOUSLY WE'RE HAPPY TO TALK WITH ANY OF Y'ALL AFTERWARDS TO GET INTO MORE DETAIL ON, ON ALL OF THIS. 
          AS FAR AS THE BATCH ONE IMPROVEMENTS SHIFTING TO OPTIMIZED SIMULTANEOUS BATCH PROCESSING WILL CUT DOWN ON, UM, STUDY LAG WHILE MAINTAINING SYSTEM RELIABILITY. 
          THIS IS OBVIOUSLY A KEY EMPHASIS OF OF ERCOT STAFF AND WE APPRECIATE THAT. 
          AND THE, THE FOCUS NEEDS TO STAY THERE. 
          LOOKING TOWARDS BATCH ONE IMPROVEMENTS, THE ENTIRE PLANNING FRAMEWORK NEEDS TO PIVOT FROM RATIONING EXISTING TRANSMISSION CAPACITY TO PROACTIVELY ENABLING SYSTEM EXPANSION AND HIGHER GRID UTILIZATION. 
          THIS IS REALLY HOW WE HAVE ECONOMIC GROWTH AND PUSH COSTS DOWN FOR, FOR ALL USERS OF THE SYSTEM. 
          WE ENCOURAGE ERCOT TO FORMALLY INTEGRATE ADVANCED CONFIGURATIONS LIKE NETTED NETWORKS, FRONT OF THE METER NETTING, AND GENERALLY STANDARDIZED LOCALIZED NETTING ENERGY SETUPS. 
          SO ADDED GENERATION AND FLEXIBLE DEMAND ARE RECOGNIZED AS VIABLE PATHS TO FIRM SERVICE. 
          WE THINK ERCOT ALSO NEEDS TO OVERHAUL TRANSPARENCY AND COMMUNICATION THROUGHOUT THE ENERGIZATION TIMELINE. 
          UM, WE HEARD ABOUT THIS FROM SOME OF THE PREVIOUS, UH, SPEAKERS JUST ABOUT STANDARDIZING SOME OF THAT DATA AND COMMUNICATION AS AN EXAMPLE. 
          UM, WE NEED MORE ENGAGEMENT ON THE QUARTERLY STABILITY ANALYSIS, TIMING. 
          IT SOMETIMES LEAVES SPONSORS COMPLETELY IN THE DARK ON SCHEDULES AND CREATES, UH, SEVERE, OFTEN UNMANAGEABLE PROJECT RISKS. 
          SO AGAIN, YOU HEARD BOB JUST BEFORE US TALKING ABOUT STATUS TOOLS FOR, FOR, UM, FOR DATA SHARING. 
          UM, I BELIEVE CHRIS FROM LCRA HAD THAT IN HIS AS WELL. 
          YOU HEAR THAT AS A THEME. 
          THIS IS A WORK IN PROGRESS, RIGHT? THIS IS ALL BEING CREATED AS WE GO. 
          BUT THAT IS CLEARLY, UM, A POINT, YOU KNOW, WE WOULD LIKE TO WORK WITH ERCOT ON, UM, TO MAKE 
          [01:10:01]
IT BETTER. 
          UM, IF ERCOT STAFF INTENDS TO ENFORCE SORT OF MORE PROCESS OPERATIONAL REQUIREMENTS ON LARGE LOADS, UM, IT ALSO NEEDS TO BE MORE AVAILABLE FOR DISCUSSIONS OF THESE PROJECT DEVELOPMENTS AND BETTER ENGAGE, UH, WITH LARGE LOADS FOR RESOURCE INTEGRATION. 
          BILLIONS OF DOLLARS OF INVESTMENT, UM, 40 BILLION JUST WITHIN TWO YEARS ARE PLACED AT RISK WITH UNCLEAR PROCEDURES. 
          AND THAT'S OF COURSE JUST OURS AND REQUIREMENTS THAT CANNOT BE REALISTICALLY MET. 
          SO AGAIN, WE THINK THAT'S REALLY AN AREA, UM, OF IMPROVEMENT GOING FORWARD. 
          WE'VE ALREADY SEEN SOME IMPROVEMENT THERE AND WE WANNA KEEP BUILDING TOWARDS THAT. 
          UM, OBVIOUSLY THIS, THIS KIND OF GROWTH IS CHALLENGING FOR EVERYBODY INVOLVED IN THE PROCESS. 
          SO TO CONCLUDE, UM, LARGE LOADS LIKE, LIKE GOOGLE ARE COMMITTING TO SUPPORTING TEXAS POLICY GOALS BY BRINGING DISPATCHABLE CAPACITY TO THE GRID PAY, PAYING OUR FULL WAY, DEVELOPING MULTI RESOURCE CAMPUSES, BUILT FOR SYSTEM STABILITY AND RELIABILITY. 
          ERCOT PLANNING AND BATCH FRAMEWORKS MUST MODERNIZE FROM GATEKEEPING TO PROACTIVE ENABLEMENT. 
          CLEARING THE RUNWAY FOR ONSITE GENERATION NET AND NETWORKS, FLEXIBLE OPERATIONS. 
          ACHIEVING THIS REQUIRES PREDICTABLE ADMINISTRATIVE SCHEDULES, OPEN COMMUNICATION AND REAL ENGAGEMENT BETWEEN ERCOT STAFF AND LARGE LOADS THROUGHOUT THE ENERGIZATION, THE ENERGIZATION PROCESS. 
          THANKS FOR YOUR TIME AND WE'RE HAPPY TO TAKE ANY QUESTIONS YOU MIGHT HAVE, SIR. 
          BILL. 
          OH, SORRY. 
          YEP. 
          SO ALL THAT BEING SAID, ARE YOU, DO YOU HAVE RECOMMENDATIONS OF WHAT WE SHOULD CHANGE ABOUT THE PROCESS? ARE YOU SATISFIED WITH THE PROCESS? I MEAN, GIVE US SOME FEED FEEDBACK. 
          WELL, SO I WOULD SAY THE, THE MOST, UM, SORT OF DIRECT, UM, YOU KNOW, RECOMMENDATIONS WOULD BE AROUND THAT, THAT QSA AND DIRECT COMMUNICATION BETWEEN ERCOT AND, AND LARGE LOADS, A SINGLE POINT OF CONTACT. 
          I, I THINK THAT WOULD HELP A LOT. 
          YOU HEARD THAT FROM ONE OF THE TSPS AS WELL. 
          I THINK THAT WOULD BE SUPER HELPFUL. 
          UM, I THINK ON, ON A LOT OF THE OTHER THINGS, A LOT OF JUST BUILDING AGAIN ON A LOT OF THE PREVIOUS SPEAKERS, UM, BOB HILTON PARTICULARLY, RIGHT? THE HAVING THESE DIFFERENT PATHWAYS FOR FLEXIBILITY. 
          IF YOU'RE, IF YOU'RE GONNA COME TO THE, TO THE GRID AND YOU NEED TO ENERGIZE QUICKLY, SURE, CAN YOU BRING GENERATION, CAN YOU BRING BATTERIES? HOW ARE THOSE THINGS COUNTED? CAN YOU PUT BATTERIES? IF THERE'S CONGESTION THAT'S NOT RIGHT AT YOUR DATA CENTER, MAYBE IT'S FURTHER AWAY, YOU CAN PUT IT SOMEWHERE ELSE, BUT CAN YOU STILL GET CREDIT FOR THAT AGAIN? AND I HOPE ALL OF THIS IS TAKEN IN THE SPIRIT OF KOTS WORKING INCREDIBLY HARD AND LIKE THIS IS, WE KNOW, WE KNOW THEY'RE WORKING VERY HARD, WE'RE JUST TRYING TO UNDERSTAND. 
          SO THOSE ARE JUST A FEW, BUT WE OBVIOUSLY HAVE A LONG LIST AND I'D BE HAPPY TO COME TALK TO YOU, BUT YOU FEEL LIKE YOU, LIKE YOU GOT THE RIGHT FORUM TO BE ABLE TO DISCUSS THOSE IN OUR CURRENT PROCESS, THE RIGHT FORUM, THE RIGHT STATE, THE RIGHT GRID, LIKE THIS IS THE PLACE FOR IT TO HAPPEN. 
          YEAH. 
          OKAY. 
          THANK YOU. 
          DOUG, CAN YOU GO BACK ON SLIDE AND LET'S TALK ABOUT THE, UH, THE ENHANCED PROCESS VISIBILITY. 
          I'M GONNA BUILD ON WHAT BILL SAID A MINUTE AGO. 
          UH, I THINK IN THE INDUSTRIAL SEGMENT, THERE'S NOT UNIFORMITY ON, ON THIS PARTICULAR VIEWPOINT THAT, UH, THE END USER SHOULD BE ABLE TO HAVE DIRECT ACCESS TO ERCOT. 
          YOU KNOW, I BELIEVE THAT WE SHOULD, THAT THAT IS IMPERATIVE, BUT NOT EVERYBODY BELIEVES THAT. 
          HOW DO YOU GET THE REST OF YOUR INDUSTRIAL GROUP TO TO ALIGN ON THAT? YEAH, I MEAN, YOU KNOW, TO BE CLEAR, THIS IS GOOGLE'S VIEWPOINT, BUT WE CAN, WE CAN CERTAINLY HAVE CONVERSATIONS WITH THEM, BUT I JUST THINK, I MEAN, THIS IS JUST TRUE THROUGHOUT LIFE, MORE COMMUNICATION IS GENERALLY BETTER THAN, THAN THAN LESS. 
          AND IF WE'RE ALL UNDERSTANDING EACH OTHER AND WHAT EACH OTHER'S NEEDS ARE, IT'S GONNA WORK BETTER THAN IF THERE'S THE GAME OF TELEPHONE AND THINGS ARE GETTING PASSED THROUGH DIFFERENT INTERMEDIARIES, AND BY THE TIME IT GETS TO IT MAY NOT BE EITHER TIMELY OR TRUE ANYMORE. 
          YEAH, I TOTALLY AGREE WITH YOU. 
          UH, CHRIS, I THINK YOU HELD YOUR HAND UP. 
          YEAH, AND I WAS JUST GONNA JUMP IN ON THAT, YOU KNOW, PART OF THIS, CAN WE TURN HIS VOLUME UP? DO DO I DO THAT FROM HERE? I NEED TO, I CAN GET A MICROPHONE TOO. 
          BUT, UM, I THINK PART OF THIS, RIGHT, IN THE COMMUNICATION AS I UNDERSTAND OR OR WE UNDERSTAND, THERE ARE THOSE DIFFERENCES IN, UM, PERSPECTIVES ON THE ENGAGEMENT WITH ERCOT. 
          HOWEVER, WHEN YOU HAVE $40 BILLION OF INVESTMENT AT STAKE, WE'RE, WE'RE VERY INTERESTED AS A COMPANY IN, IN WORKING CLOSER. 
          AND ESPECIALLY GIVEN ALL OF THE LARGE LOAD INTEGRATION TOPICS THAT ARE AT HAND, IT IS A BIT OF A FUNDAMENTALLY DIFFERENT POSITION FOR SOME OF THESE LARGE LOADS, ESPECIALLY WITH MULTI RESOURCE CAMPUSES THAT WE'RE LOOKING TO INTEGRATE, UM, AND OPTIMIZE WITHIN THE MARKET. 
          SO I THINK, I THINK THERE CAN BE A BIT OF A TWO TRACK TO IT, BUT CERTAINLY FOR THOSE THAT ARE WILLING TO HAVE THE DIRECT ENGAGEMENT AND, AND PARTICIPATE IN GREATER PATHWAYS IN THOSE AREAS WOULD BE HELPFUL. 
          OKAY, AND THAT MAKES SENSE. 
          ANY OTHER QUESTIONS OR FEEDBACK FOR GOOGLE? ONE, UH, WOODY. 
          HEY, DOUG, WHEN YOU TALK ABOUT OFFSITE, YOU MENTIONED OFFSITE A COUPLE TIMES. 
          WHAT, WHAT DO YOU MEAN BY OFFSITE? SO I THINK, I THINK THERE'S A LOT OF DIFFERENT THINGS THAT, THAT COULD 
          [01:15:01]
PLAY INTO THAT. 
          SO ONE MIGHT BE IF THERE'S, UH, A DATA CENTER IN A AREA THAT'S A PART, OR THIS COULD BE TRUE FOR ANY LARGE LOAD, BUT IF THERE'S A LARGE LOAD IN AN AREA THAT IS, THAT HAS A LOT OF CONGESTION, IF WE STUDY WHERE THAT CONGESTION ACTUALLY HAPPENS, ACTUALLY THERE'LL ACTUALLY BE A PRESENTATION FROM AURORA ENERGY RESEARCH AT THE LARGE LOAD WORKING GROUP ON THURSDAY ON THIS. 
          IF YOU HAVE, UM, A BATTERY THAT'S PLACED CLOSER WHERE THAT CONGESTION IS, IT MIGHT HAVE MORE BENEFIT THAN ACTUALLY PLACING THE BATTERY ON OUR SITE. 
          NOW, WE'D PROBABLY PUT A BATTERY ON OUR SITE TOO, BUT IF, BUT IF THERE'S MORE BENEFIT TO PLACING IT SOMEWHERE ELSE, THEN WE OUGHT TO LOOK AT PLACING IT THERE FOR THE, AND, AND I THINK WE COULD SEE SOMETHING SIMILAR WITH DISTRIBUTED BATTERIES, UH, EVEN IN, IN PEOPLE'S HOMES. 
          I KNOW THAT GETS MORE DIFFICULT, BUT THEN YOU ALSO GET BENEFITS ON AFFORDABILITY, ON RESILIENCY WHEN THERE'S A WEATHER RELATED OUTAGE. 
          SOMETHING LIKE THAT. 
          ERIC, YOU WANNA SAY SOMETHING? YEAH. 
          AND, AND, AND SINCE WE'RE TALKING ABOUT SPEED TO POWER IN THIS, THAT MAY BE A WAY OF GETTING THE PROPER CONGESTION RELIEF IN A MORE TIMELY MANNER THAN BUILDING OUT THE TRANSMISSION GRID, WHICH COULD TAKE QUITE A WHILE. 
          SO IF IT'S SOMETHING THAT YOU CAN DO AS AN INTERIM STEP, AND OF COURSE THOSE RESOURCES STILL HAVE VALUE IN OTHER WAYS DOWN THE LINE, BUT IT COULD, IT COULD BE A, A NICE TOOL FOR, UH, THE NETWORK DEVELOPMENT AS WELL. 
          AND, AND, AND TO BE CLEAR, IT'S, I DON'T THINK THOSE THINGS ARE EITHER. 
          THERE'S ANOTHER DEBATE YOU HEAR A LOT NATIONALLY IF YOU LISTEN TO THE ENERGY PODCASTS AND ALL THAT IS LIKE, IS IT, IS IT DERS OR BIG TRANSMISSION? IT'S, IT'S BOTH. 
          WE'RE, WE'RE GONNA NEED BOTH OF THOSE THINGS. 
          IT TAKES A LONG TIME TO BUILD TRANSMISSION, LIKE ERIC SAID, AND THESE THINGS ARE GOOD. 
          YEAH, AND YOU KNOW, THIS IS KIND OF LIKE THE MIX OF RESOURCES THAT WE HAVE. 
          IF YOU THINK ABOUT THE, YOU KNOW, WE'VE GOT WIND, SOLAR, GAS FIRED, NUCLEAR COAL, FOR EXAMPLE, AND SOME DEMAND, LARGE SCALE DEMAND RESPONSE. 
          NONE OF THEM HAVE THE COMPLETE ANSWER, BUT THEY'RE KIND OF LIKE MARVEL SUPERHEROES AS INDIVIDUALS. 
          THEY HAVE STRENGTHS AND WEAKNESSES, BUT AS A GROUP, THEY'RE FAR STRONGER THAN THE INDIVIDUALS. 
          I THINK WE, WE CAN HEAD THE SAME WAY ON THE TRANSMISSION SIDE, WHERE WE CAN HAVE THESE, UM, ESSENTIALLY BATTERIES OR OTHER OTHER DEMAND RESPONSE SOLUTIONS TIED INTO RELIEVING CONGESTION IN ADDITION WITH BUILDING WIRES. 
          AND BY DOING THAT, NEITHER, BOTH SIDES HAVE STRENGTHS AND WEAKNESSES, BUT TOGETHER THEY CAN MAKE IT AN EVEN MORE EFFICIENT SYSTEM OVER TIME. 
          OKAY. 
          JULIE, THANK YOU FOR YOUR PRESENTATION. 
          JUST SO WE LEAVE WITH THE RIGHT TAKEAWAYS, WHAT, WHAT ARE YOU PRIORITIZING FOR SPEED TO POWER? I MEAN, WHAT ARE WE PRIORITIZING FOR SPEED TO POWER? SO, I, I THINK, I REALLY DO THINK THAT THESE REALLY DEVELOPING THESE CONCEPTS AROUND, UM, YOU KNOW, THEY'RE CALLED A LOT OF DIFFERENT THINGS AND THEY ALL MEAN DIFFERENT THINGS, BUT I THINK THERE ARE SORT OF LIKE THE MARVEL SUPERS. 
          THERE'S DIFFERENT THINGS IN A, IN A NETTED NETWORK OR FRONT OF THE METER BATTERY, A WL PUN. 
          LIKE ALL OF THESE DIFFERENT, I THINK THE, THE, THE KEY IS HOW ARE THESE THINGS DOING MULTIPLE THINGS AT ONCE? SPEED TO POWER IS OBVIOUSLY SOMETHING WE'RE CONCERNED ABOUT YOU. 
          AND WHEN WE SHARE THE CONCERN AROUND, LIKE, THIS DOESN'T WORK UNLESS THE GRID'S RELIABLE, RIGHT? SO HOW DO WE BRING SOLUTIONS FORWARD THAT CHECK MULTIPLE BOXES? THEY, THEY LOWER COSTS, THEY INCREASE RELIABILITY, THEY INCREASE ECONOMIC GROWTH. 
          AND, AND SO THAT I THINK IS PROBABLY THE MOST IMPORTANT THING IS GETTING BEYOND THIS SORT OF LIKE, UH, A SORT OF A STRICTER FRAMEWORK AROUND THE WL PENN, WHICH I UNDERSTAND AGAIN, WHY THAT'S THERE, AND THIS IS CRAWL, WALK, RUN. 
          BUT I THINK THE NEXT STAGE IS REALLY GETTING TO, TO MORE OF THOSE COMPLEX ANSWERS, ERIC. 
          AND, AND THAT GOES BACK TO THE FACT THAT WE HAVE TO TAKE ADVANTAGE OVER TIME OF THE NEW TECHNOLOGIES AS THEY DEVELOP AND BEGIN CREATIVE WAYS TO REDUCE CONGESTION, STRENGTHEN THE GRID, AND ALSO SUPPORT RETAIL CHOICE AT THE SAME TIME. 
          SO IT ALL, IT WILL SERVE MULTIPLE PURPOSES AT THE SAME TIME. 
          YEP. 
          OKAY. 
          ANY OTHER QUESTIONS FOR CHRIS OR DOUG OR ERIC? APPRECIATE THE TIME AND THE OPPORTUNITY IF WE CAN FOLLOW UP. 
          OF COURSE, THIS WILL BE A PRIORITY, SO JUST LET US KNOW. 
          THANK YOU, CHAIR. 
          WELL, THANK YOU ALL. 
          UM, UH, WANT TO THANK, UH, CENTER POINT LCRA, UH, CONSTELLATION ENG G AND GOOGLE FOR, UH, PROVIDING SOME GREAT STAKEHOLDER FEEDBACK ON THE COMPREHENSIVE TRANSMISSION PLANNING PROCESS. 
          UH, NEXT, UH, IS AGENDA 
          [7. 2026 Annual Membership Meeting Announcement]
ITEM SEVEN, THE ANNUAL MEMBERSHIP MEETING ANNOUNCEMENT. 
          CHAD'S GONNA PROVIDE THE MEETING DETAIL THE INFORMATION. 
          OKAY, UP HERE ON THE VIDEO IS TWO QUICK SLIDES. 
          UH, IT'S THAT TIME AGAIN WHERE WE'RE GOING TO GET READY FOR OUR ANNUAL CORPORATE MEMBER MEETING. 
          WE DO HAVE A NEW LOCATION DOWNTOWN THIS TIME IT'S AT THE JW MART. 
          IT'LL BE A SIMILAR FORMAT TO WHAT WE'VE DONE THE LAST COUPLE YEARS. 
          SO THIS WILL BE ON THE MONDAY AFTERNOON AFTER OUR COMMITTEE AND SOME OF THE BOARD DISCUSSIONS ON DECEMBER 7TH, SIMILAR FORMAT WITH THE RECEPTION. 
          AND THEN OUR BUSINESS STARTING AT FIVE 30 WITH THE POST SOCIAL RECEPTION THEREAFTER. 
          ON SLIDE TWO, YOU'LL SEE THAT WE'VE ALREADY IDENTIFIED WHO THE TAX SPEAKER IS GOING TO BE AND ONE OF OUR INNOVATION SPEAKERS, DAVID BALDWIN, WHO 
          [01:20:01]
IS THE EXECUTIVE DIRECTOR OF OPEN MINDS, WILL BE OUR INNOVATION SPEAKER. 
          WE'RE ALSO LOOKING FOR ANOTHER SPEAKER. 
          AND AGAIN, UM, THIS IS ALL BASED UPON THE 2026 CORPORATE MEMBERS, UH, SORRY, 27 CORPORATE MEMBERS. 
          THAT DATE IS NOVEMBER 6TH. 
          AND WE WILL START TO GET OUT THE ANNOUNCEMENTS HERE ON, UH, NOVEMBER 16TH. 
          AND THERE'LL BE SOME PREVIEW, UM, COMING ATTRACTIONS TYPE VIDEOS COMING IN OCTOBER TO REMIND EVERYBODY. 
          AGAIN, THIS IS REQUIRED IN THE TEXAS BUSINESS ORGANIZATION CODE TO HAVE THIS ANNUAL CORPORATE MEETING. 
          IT'S ALSO PART OF OUR ERCOT BYLAWS. 
          ANY QUESTIONS FOR CHAD ON THE ANNUAL MEETING? THANKS CHAD. 
          UH, NEXT WE'RE 
          [8. System Planning and Weatherization Update]
GONNA MOVE TO AGENDA ITEM, UH, EIGHT SYSTEM PLANNING WEATHERIZATION UPDATE. 
          CHRISTIE, THIS IS GONNA PRESENT. 
          OKAY. 
          I'D LIKE TO GIVE YOU A UPDATE ON A COUPLE OF THE OTHER ITEMS THAT THE TEAM HAS BEEN WORKING THROUGH FROM A RESOURCE ADEQUACY REPORTING. 
          UM, ON THE LEFT HAND SIDE, UH, EACH MONTH WE COME OUT WITH A MONTHLY OUTLOOK, UH, ON RESOURCE ADEQUACY. 
          IT'S LOOKING AHEAD THREE MONTHS. 
          UH, WHAT'S THE PROBABILITY OF HAVING AN EMERGENCY TYPE EVENT? AS YOU CAN SEE, UM, OVER THE SUMMER MONTHS, UM, INTO THE FALL, THOSE PROBABILITIES, UH, REMAIN COMPARATIVE TO WHERE WE'VE SEEN THEM IN THE PAST, WELL BELOW THE, THE 10% THRESHOLD WHERE WE WOULD START TO, UH, CONSIDER THAT A HIGHER RISK SITUATION. 
          DIDN'T WANNA HIGHLIGHT BECAUSE YOU SEE THIS ANOMALY, UH, WHERE THE, THE TREND STARTING IN AUGUST WAS THAT THE RISKS WERE A LITTLE BIT HIGHER THAN WE SAW EARLIER IN THE MONTH. 
          UM, THE REASON WAS, IS HOW WE STARTED LOOKING AT THE LOW FORECAST. 
          UM, WE HAVE A HIGHER BASE ECONOMETRIC FORECAST THAT STARTED, EXCUSE ME, GOING INTO OUR REPORTING THAT STARTED IN THE AUGUST TIMEFRAME. 
          AND SO THAT'S WHY YOU SEE THAT SHIFT, UH, THERE FROM FROM JU JULY TO AUGUST. 
          UM, LOOKING AT SOME OF THE OTHER RESOURCE ADEQUACY REPORTS THAT WE HAVE, AS YOU ARE ALL AWARE, UM, THE COMMISSION APPROVED THE GOOD CAUSE EXCEPTION FOR THE LONG TERM LOAD FORECAST. 
          UM, AND WITH THAT DELAY, THAT IMPACTS SEVERAL OF OUR REPORTS. 
          UM, THE CDR THAT WOULD TYPICALLY COME OUT THE THIRD WEEK IN DECEMBER. 
          UH, GIVEN THAT WE DON'T EXPECT TO HAVE A LOAD FORECAST UNTIL MID-DECEMBER, WE WILL BE SENDING OUT A MARKET NOTICE. 
          UM, ONCE WE GET MORE INSIGHT INTO THE TIMING OF HOW FAR THAT WILL PUSH OUT THAT REPORT, I WOULD EXPECT IT WOULD BE SOMETIMES IN MID TO LATE JANUARY BEFORE THE DECEMBER CDR WOULD BE AVAILABLE. 
          WE DID HAVE OTHER REPORTING REQUIREMENTS FOR NERC LOOKING AT, UM, LONGER TERM RESOURCE ADEQUACY OR RELIABILITY ASSESSMENTS. 
          UM, TO MEET THOSE TIMELINES, WE LOOKED AT A HYBRID APPROACH. 
          UM, NERC WAS ALLOWED US TO TAKE OUR BASE ECONOMETRIC FORECAST, COUPLE THAT WITH OUR LONG-TERM LOAD FORECAST THAT WAS PREVIOUSLY APPROVED FOR 2025 USE, AND THEY ALLOWED US TO USE THAT AS A PART OF OUR SUBMISSION TO MEET OUR REGULATORY REQUIREMENTS. 
          QUICK UPDATE, UH, FROM A TRANSMISSION PLANNING PERSPECTIVE, THE TEAM CONTINUES TO WORK THROUGH A LOT OF PROJECTS. 
          UM, AS YOU CAN SEE HERE, THERE ARE SEVERAL PROJECTS, UM, IN 2026 THAT ARE LOWER TIERED PROJECTS THAT HAVE CONTINUED TO MOVE FORWARD. 
          UM, BUT WHAT I WANNA FOCUS ON IS REALLY ON THE NEXT SLIDE, GET A LOT OF QUESTIONS ABOUT WHAT ARE YOU DOING, UM, ABOUT THE CURRENT PROJECTS THAT YOU HAVE IN YOUR QUEUE THAT WERE SUBMITTED EARLIER THIS YEAR. 
          UM, AS YOU'LL NOTE ON YOUR AGENDA, YOU DON'T HAVE ANY REGIONAL PLANNING GROUP PROJECTS FOR YOUR CONSIDERATION THIS TIME. 
          THAT DOESN'T MEAN THAT THE WORK OF THE TEAM HAS STOPPED THOUGH. 
          UM, WE'VE CURRENTLY GOT ALMOST $23 BILLION WORTH OF REQUESTS. 
          WE FEEL IT WOULDN'T BE PRUDENT TO KEEP MOVING THOSE FORWARD. 
          SO WE'RE GOING THROUGH SOME DUE DILIGENCE. 
          UM, OVER $21 BILLION OF THAT, UM, IS DEPENDENT UPON LARGE LOADS. 
          I DIDN'T WANNA BRING YOU PROJECTS AND NOT BE ABLE TO ANSWER THE QUESTION. 
          WERE THESE BEING CONSIDERED, UM, AS A PART OF BATCH ZERO? SO WE ARE WORKING WITH THE TSPS. 
          UM, THERE ARE ABOUT, UM, LET'S SEE. 
          WE'VE GOT, UM, EIGHT DIFFERENT RPG PROJECTS WHERE WE'VE GOT RFIS OUT, UH, TO THE TSPS WHERE WE'RE TRYING TO COLLECT INFORMATION TO UNDERSTAND THE 
          [01:25:01]
BASIS FOR THE NEED OF THE LARGE LOADS THAT WERE IN THERE. 
          UM, AND THEN WE'LL BE WORKING WITH THEM SHOULD THERE BE ANY ADDITIONAL ANALYSIS ON THOSE PROJECTS. 
          PERHAPS THEY MIGHT BE WITHDRAWN OR THEY MIGHT BE BETTER OFF. 
          UM, THEY'LL BE SERVED AS LOOKING AT IT THROUGH THE BATCH ZERO PROCESS FOR CONTINUE TO MOVE THOSE FORWARD. 
          WE ALSO HAVE A HANDFUL OF PROJECTS, UM, THAT ARE AT THE LOWER TIER. 
          SO THOSE ARE THINGS THAT WOULDN'T RISE TO THE LEVEL OF COMING TO THE BOARD. 
          UH, WE CONTINUE TO WORK ON THOSE. 
          AND THEN WE HAVE TWO THAT POTENTIALLY MAY GET TO YOU FOR THE DECEMBER BOARD CONSIDERATION, BUT WE HAVE VALIDATED THOSE ARE NOT BEING DRIVEN, UM, BY LARGE LOAD NEEDS. 
          UM, AND SO WE'RE COMFORTABLE IN BRINGING THOSE FORWARD FOR YOUR CONSIDERATION. 
          ALSO, WANTED TO TAKE A MOMENT AND HIGHLIGHT SOME OF THE WORK, UM, OF OUR MODELING TEAM. 
          UM, YOU HEARD THROUGH THE, THE COMPREHENSIVE TRANSMISSION PLANNING DISCUSSIONS. 
          IT'S VERY IMPORTANT TO GET GOOD MODELS TO HAVE BASIS FOR THE WORK THAT YOU'RE GONNA DO GOING FORWARD FOR THAT FOUNDATION. 
          AND AS THE GRIDS BECOME MORE AND MORE COMPLEX, UM, THERE'S A LOT MORE ASPECTS THAT GO INTO THE MODELING PROCESS. 
          AND IN FACT, YOU CAN LOOK FROM 2020 TO 2025, AND WE'VE SEEN AN 85% INCREASE, UM, IN THE NUMBER OF MODEL CHANGES THAT THE TEAM IS WORKING IN PROCESSING THROUGH. 
          AND IN FACT, IF YOU LOOK AT 2026 BY ITSELF, WE HAVE WELL SURPASSED, UM, JUST YEAR TO DATE WITH OVER A THOUSAND DIFFERENT CHANGES, UM, THAT HAVE BEEN SUBMITTED. 
          THOSE ARE BROKEN OUT BOTH BY ERCOT AND TSP. 
          SO THE TYPES OF THINGS THAT WOULD BE IN THE ERCOT REALM ARE COTS RESPONSIBLE FOR MODELING, UH, THE GENERATOR INFORMATION. 
          YOU HEARD THE DISCUSSIONS ABOUT THE RIO PROCESS THAT COMES IN THROUGH THAT AND FALLS IN THE RESPONSIBILITY OF ERCOT TO CREATE IT OR TO MODIFY IT. 
          THE TSPS, UM, THAT'S THE, THE BLUE, THE NAVY BLUE BARS ON THE RIGHT HAND SIDES OF THE GRAPHS. 
          UM, YOU CAN SEE THEY'VE GOT A LOT MORE RESPONSIBILITIES WITH NOT ONLY THE LARGE LOAD INFORMATION, BUT MAINTAINING THE TOPOLOGY CHANGES THAT MIGHT BE COMING THROUGH ON THEIR SYSTEM. 
          UM, JUST WANTED TO TO SHARE THAT WITH YOU AND TO GIVE YOU A SENSE OF A LOT OF THE, THE BASE WORK THAT GOES INTO MAKING NOT ONLY THE TRANSMISSION PLANNING, BUT THE CRR MODELS, THE OPERATIONS MODELS THAT GET USED THROUGHOUT THE COMPANY. 
          I ALSO WANTED TO TAKE THE OPPORTUNITY, I, I FAILED ON THE, ON THE TRANSMISSION PLANNING SIDE. 
          UM, JULIE, I BELIEVE YOU HAD ASKED FOR THIS IN THE PAST ABOUT UNDERSTANDING SINCE YOU'VE BEEN ON THE BOARD, YOU'VE, UH, APPROVED A NUMBER OF REGIONAL PLANNING GROUP PROJECTS. 
          AND WHERE ARE THOSE AT? WE'VE BEEN TAKING A LOOK AT THAT INFORMATION AND COMPILING IT, TRYING TO, TO FIND A GOOD WAY TO BE ABLE TO PRESENT THAT TO YOU ALL. 
          BUT WHAT I CAN REPORT, UM, SINCE MANY OF YOU THAT WERE ON THE BEGINNING OF THE BOARD, WE'VE SEEN A NUMBER OF RPG PROJECTS COME THROUGH FOR YOUR CONSIDERATION. 
          A LOT OF THEM ARE BIGGER IN NATURE, AND SO YOU MIGHT NOT SEE THAT THE WHOLE PROJECT HAS BEEN COMPLETE, BUT THEY'RE COMING THROUGH IN PHASES. 
          AND A LOT OF THAT'S GOT TO BE DONE BECAUSE YOU'VE GOTTA BE ABLE TO GET THE OUTAGES ON THE SYSTEM, BREAK UP THE WORK SO THAT YOU'RE NOT HITTING THE PEAK SEASONS. 
          SO WE'RE TRYING TO FIGURE OUT A GOOD WAY TO SHARE THAT INFORMATION. 
          BUT I CAN REPORT, YOU KNOW, WE ARE SEEING PROGRESS, UM, AND A LOT OF WORK IS BEING COMPLETED. 
          ANY QUESTIONS? ANY QUESTIONS FOR CHRISTIE? I, THANKS CHRISTIE. 
          ALL RIGHT. 
          WE'RE GONNA 
          [9. System Operations Update]
MOVE TO AGENDA ITEM NINE, THE SYSTEMS OPERATIONS UPDATE, WHICH IS PRESENTED BY DAN WOODFIN. 
          DAN AND JEFF BELL. 
          YOU'RE ON DECK. 
          ALRIGHT, GOOD AFTERNOON. 
          UH, REALLY ONLY HAVE TWO THINGS TO TALK TO YOU ABOUT THIS TIME. 
          'CAUSE WE'RE GONNA BE TALKING MORE ABOUT WHAT WENT ON THIS SUMMER, TOMORROW. 
          UM, ONE OF THEM IS ABOUT FAR WEST TEXAS AND WHERE WE'RE AT ON SOME OF THE LIKE, KIND OF AN UPDATE ON WHAT'S GOING ON WITH THAT. 
          AND THE OTHER IS ABOUT THE LARGE LOAD RIDE THROUGH SYSTEM OPERATING LIMITS THAT WE'VE TALKED ABOUT IN THE PAST. 
          SO IN FAR WEST, UM, RECALL BACK IN, IN FEBRUARY, I PRESENTED TO YOU THAT WE WERE CONCERNED THAT THE LOAD GROWTH IN THAT AREA BASED ON LAST YEAR'S LONG-TERM LOAD FORECAST WAS GONNA EXCEED THE AMOUNT OF TRANSFER CAPABILITY INTO THAT AREA AT NIGHT WHEN THERE'S NO SOLAR DURING LOW WIND CONDITIONS. 
          AND WE WERE WORRIED THAT THAT WAS GONNA HAPPEN AS LATE AS, AS THIS FALL. 
          UM, AND SO WE SAID WE, WE NEED TO UPDATE THE LONG-TERM LOAD FORECAST NUMBERS. 
          WE NEED TO UPDATE THAT, THAT INFORMATION. 
          AND SO WE ASKED THE TRANSMISSION SERVICE PROVIDERS IN THAT AREA TO GO OUT AND UPDATE THOSE NUMBERS. 
          UH, AND SO WE SENT OUT A SURVEY AND WE'VE GOTTEN THAT BACK. 
          AND WHAT WE SAW IS IF YOU LOOK AT THE AMOUNT OF LOAD GROWTH THAT WE'VE BEEN SEEING IN THAT AREA, IT'S GROWING. 
          BUT WHEN YOU LOOK AT THE TIME PERIOD WHERE WE GO FROM ACTUALS 
          [01:30:01]
TO FORECAST BASED ON THAT RFI, THERE WAS A BIG DISCONTINUITY. 
          IN OTHER WORDS, THE THE AMOUNT THAT WAS SUPPOSED TO BE THERE BY THAT POINT IN TIME WAS A LOT HIGHER, UM, THAN WHAT WE WERE ACTUALLY SEEING. 
          AND SO, UH, THAT DISCONTINUITY, UH, WAS OBVIOUSLY NOT GONNA HAPPEN. 
          WE WEREN'T OVERNIGHT GONNA SEE, UH, SEVERAL THOUSAND EXTRA MEGAWATTS. 
          AND SO, UH, WE'VE BEEN WORKING WITH THE TRANSMISSION PROVIDERS IN THAT AREA AND HAVE RECOGNIZED THAT REALLY WE'RE, WE WERE ASKING THE WRONG QUESTION TO SOME EXTENT, BUT IT WAS A QUESTION THAT NOBODY REALLY RECOGNIZED BEFORE THAT WE NEEDED TO ASK. 
          AND THAT IS OKAY, WE'RE, THE QUESTION WE WERE ASKING WAS THE, THAT NEGOTIATION THAT THE TSPS HAD DONE WITH THEIR CUSTOMERS ON HOW FAST THE FACILITIES NEEDED TO BE THERE TO BE ABLE TO SERVE THE LOAD. 
          AND SO THAT'S WHAT THE TSPS WERE TELLING US. 
          THIS IS HOW FAST WE'VE NEGOTIATED WITH CUSTOMERS FOR THAT, THAT SUBSTATION EQUIPMENT AND THAT KIND OF STUFF TO BE THERE. 
          THAT DOESN'T NECESSARILY MEAN THAT THE ACTUAL RACKS GOING INTO THE DATA CENTERS OR THE ACTUAL WELLS AND OTHER OIL AND GAS FACILITIES THAT ARE CONNECTING OVER AND ACTUALLY BEING ELECTRIFIED AND ACTUALLY STARTING TO CONSUME THAT LOAD, UM, ARE STARTING TO DO THAT. 
          THAT MAY RAMP UP A LITTLE SLOWER THAT IT, IT'LL EVENTUALLY GET TO THE SAME POINT, BUT IT MAY RAMP UP SLOWER OVER TIME. 
          AND WHEN WE'RE LOOKING AT IT FROM AN OPERATIONAL PERSPECTIVE, LIKE WHAT WE WERE TRYING TO DO WITH FAR WEST AND SAYING, DO WE NEED, YOU KNOW, DO WE HAVE A TRANSMISSION PROBLEM? DO WE NEED TO BE PREPARED TO SHED LOAD IN THAT AREA? DO WE NEED TO DO A CONTRACT FOR CAPACITY OR SOME OF THOSE KIND OF MORE OPERATIONAL THINGS WE NEED, NEED A MORE OPERATIONALLY FOCUSED FORECAST FOR THE NEAR TERM FOR THE NEXT YEAR AND, UH, TO THREE YEARS OUT. 
          AND SO WE'VE ASKED THE TSPS TO PRODUCE THAT. 
          WE'RE COMPILING THAT DATA NOW. 
          WE DON'T HAVE IT READY TO SHARE WITH YOU, BUT WE'VE RECOGNIZED THAT THERE REALLY NEEDS TO BE A DIFFERENT KIND OF FORECAST AND WE NEED TO ASK FOR THAT GOING FORWARD. 
          NOT JUST THE FACILITIES FORECAST, BUT ALSO THAT KIND OF MORE NEAR TERM OPERATIONAL FORECAST THAT GETS UPDATED VERY ON A MUCH SHORTER TIMEFRAME. 
          SO THAT'S THE FIRST TOPIC. 
          UM, THE SECOND TOPIC IS, UH, YOU RECALL WHAT WE'VE TALKED ABOUT IN THE PAST THAT IF WE HAVE A LARGE, UM, AREA THAT, OR AN AREA THAT HAS A LARGE NUMBER OF LARGE COMPUTATIONAL LOADS THAT DO NOT HAVE RIDE THROUGH CAPABILITY. 
          SO WE'VE GOT AN AREA WHERE A SINGLE FAULT COULD CAUSE A LOT OF THAT LOAD TO GO AWAY, SHIFT OVER ONTO ITS, ITS, UH, UPS AND THEN COME BACK. 
          THAT COULD CAUSE IF THAT AMOUNT WAS TOO BIG AND THAT TOO BIG AMOUNT, WE'VE DONE STUDIES THAT SHOW THAT'S ABOUT 3,200 MEGAWATTS UNDER KIND OF WORST CASE CONDITIONS. 
          THAT WOULD BE THE AMOUNT THAT WOULD CAUSE US A FREQUENCY PROBLEM. 
          UM, AND SO WE'VE, WE'VE SAID IF IF THERE'S TOO MUCH LOAD IN AN AREA THAT WHERE A SINGLE FAULT COULD TAKE OUT MORE THAN 3,200 MEGAWATTS, WE MAY HAVE TO LIMIT THE CONSUMPTION OF LOAD IN THAT AREA AS LONG TO THE EXTENT THAT THAT LOAD DOES NOT HAVE RIDE THROUGH CAPABILITY. 
          WELL, WHAT, WHAT THE UPDATE FOR THIS MONTH IS THAT WE'VE IDENTIFIED THREE SUCH AREAS. 
          WE'RE IDENTIFYING THIS THROUGH THE QUARTERLY STABILITY ASSESSMENT PROCESS. 
          AND, UM, BUT AT THIS POINT, AND SO IF YOU LOOK AT THE BLUE BARS HERE, YOU'LL SEE AS FAR AS WHAT IS PLANNED TO BE BUILT IN THOSE THREE AREAS THAT WOULD BE AFFECTED BY THIS, IT'S THE, THE BLUE BAR NUMBER. 
          SO IT'S 5,000 5300, 4102 AREAS IN NORTH CENTRAL TEXAS, ONE IN, IN WEST TEXAS. 
          BUT AT THIS POINT, THEY'RE NOWHERE NEAR THAT IN TERMS OF THE CONSUMPTION. 
          SO WE DON'T HAVE A PROBLEM TODAY. 
          WE'VE PUT THE PROCESSES IN PLACE TO MANAGE THEM AS THEY START TO GROW. 
          UM, AND THEN I GUESS THE OTHER THING I'LL ASK IS IF THE LOADS GOING INTO THAT AREA HAVE RIDE THROUGH CAPABILITY, THEY DON'T COUNT TOWARD THIS NUMBER. 
          AND SO, UM, THAT'S REALLY THE UPDATE THAT WE'VE, WE'VE GOT OUR, THE ABILITY TO MANAGE THIS AND WE'RE NOT, WE'RE TRACKING IT, BUT WE'RE NOT AT THE POINT WHERE WE'RE GONNA NEED TO START CONTROLLING IT AT THIS POINT. 
          HEY DAN, WHAT'S THE THAT WHEN YOU SHOW 5,000, THAT'S OVER WHAT, THAT'S TOTAL THAT'S BEEN APPROVED GOING FORWARD OR WITHIN THE SPECIFIED TIMEFRAME, OR THAT THAT'S ONES THAT HAVE GONE THROUGH THE, UH, QUARTERLY STABILITY ASSESSMENT AND HAVE BEEN THAT HAVE, HAVE THE, THEY'RE KIND OF, THEY'VE GONE THROUGH THAT PROCESS. 
          I SEE, I SEE. 
          DAN, I'D LIKE TO FOLLOW UP BILL'S QUESTION BY ASKING, UM, ARE, ARE YOU STARTING TO TRACK COMPUTATIONAL LOAD AS A SUBSET OF TOTAL LOAD SO WE CAN START TO SEE THAT 
          [01:35:01]
MIX GROWING ON THE GRID? WE'RE TRYING TO KEEP TRACK OF WHAT, WHAT, WHAT KINDA LOADS ARE WHAT YES. 
          HOW CAN WE FORMALIZE THAT SO WE COULD GET THAT INFORMATION REGULARLY? YEAH, I DON'T KNOW. 
          JEFF, DO YOU HAVE A THOUGHT ON THAT? SORRY, I I MISSED THAT QUESTION, JULIE. 
          I'M SORRY. 
          HOW CAN WE ASK THE LOADS TO CLASSIFY THEMSELVES AS EITHER COMPUTATIONAL OR NOT? SO WE COULD TRACK THE MIX OF COMPUTATIONAL LOAD AS A SUBSET OF TOTAL LOAD? YEAH, SO, SO, UM, WITH THE, UM, CHA CHANGE IN OUR INTERCONNECTION PROCESSES, UH, PARTIALLY THROUGH THE, UH, BATCH ZERO PICKER, UH, WE ARE STARTING TO ASK THAT AND THAT'S REQUIRED INFORMATION THAT THEY, THEY WILL NEED TO GIVE US GOING FORWARD. 
          SO WE, WE WILL BE ABLE TO TRACK THAT. 
          OKAY. 
          ANY OTHER QUESTIONS? YEAH. 
          OKAY. 
          DAN AND I HAVE TWO QUESTIONS. 
          UH, GOING BACK TO THE RFI INFORMATION, YOU SAID MAYBE WE WEREN'T ASKING THE QUESTION PRECISELY TO GET WHAT WE WANTED. 
          UH, WAS THERE ANY CONCERN WITH THE QUALITY OF, OF THE RFI RESPONSES? I THINK THE, THE, IT WILL GET BETTER OVER TIME. 
          THE TRANSMISSION OWNERS HAVE GIVEN US THEIR BEST SHOT. 
          THEY WERE ABLE TO GO BACK AND TALK TO SOME OF THEIR LOADS. 
          BUT I THINK PART OF THE REASON FOR INCLUDING THIS IN THE PRESENTATION TODAY IS TO REALIZE THAT THAT, UM, GOING FORWARD, THOSE TSPS ARE GOING TO HAVE TO BE ASKING THAT QUESTION OF THE LARGE LOADS, NOT JUST WHEN DO YOU WANT ME TO HAVE YOUR SUBSTATION THERE, BUT ALSO, OKAY, WE'RE GONNA HAVE IT THERE BY THIS POINT IN TIME. 
          HERE'S HOW I, WE'RE GONNA RAMP UP THE FACILITIES, BUT ALSO THE HOW MUCH IS YOUR CONSUMPTION GONNA RAMP UP WITHIN THAT KIND OF BROADER CURVE. 
          OKAY. 
          SO JUST TO KEEP IT ON YOUR RADAR SCREEN, IN PAST, WE'VE, WE'VE ISSUED RFIS AND IT SEEMS LIKE WE'VE HAD A QUALITY, UH, ISSUE. 
          AND SO I JUST WANT TO, MAYBE THAT'S NOT REALLY WHAT HAPPENED HERE BECAUSE MAYBE WE DIDN'T ASK THE PRECISE QUESTION TO GET TO WHAT TRYING TO GET AT. 
          BUT I WANNA HEAR BACK FROM YOU IF WE'RE NOT GETTING, UH, ACCURATE RESPONSES AND RESPONSE TO RFIS. 
          YEAH, THERE, THERE'S DEFINITELY BEEN THAT PROMO AND OTHER, OTHER THINGS WE'VE DONE. 
          YES. 
          YES. 
          OKAY. 
          AND THEN SECOND ON THE, UH, CONSTRAINTS, UH, FOR THE LARGE LOADS, HOW WILL WE IMPLEMENT THOSE? WILL WE BE GOING DIRECTLY TO THE LARGE LOADS OR WILL WE BE GOING THROUGH THE TSPS? WE HAVE, WE, HOW WILL THAT WORK? YES, WE, SO WE HAVE LET THE TSPS KNOW THESE ARE THE AREAS AND THESE ARE THE LOADS WITHIN THE AREA THAT ARE AFFECTED BY THIS, SO THAT THEN THE TSPS CAN GO TALK TO THE INDIVIDUAL CUSTOMERS, VERIFY THAT THEY REALLY DON'T HAVE TRANS, UH, RIDE THROUGH CAPABILITY AND LET THEM KNOW THAT, THAT THEY'RE IN THIS EFFECTIVE AREA. 
          AND THEN WE HAVE A, A MITIGATION PLAN OPERATIONALLY THAT WILL TELL THE TOS TO, TO CURTAIL THESE LOADS IF NEEDED, IF WE GOT TO THE POINT THAT THEY WERE GONNA GO OVER THE 3,200 MEGAWATTS. 
          SO RIGHT NOW WE'RE WORKING THROUGH THE TSPS WITH RESPECT TO THE 3,200 MEGAWATT, UH, NUM, UH, METRIC. 
          IS THAT A DYNAMIC NUMBER THAT CHANGES AS THE GRID GROWS AND I ASSUME? WELL, SO IT, IT IS, IT, IT HAS THE POTENTIAL GOING FORWARD TO, TO BE MORE DYNAMIC. 
          RIGHT NOW WE'RE IMPLE BECAUSE IT'S KIND OF A FIRST PHASE. 
          OKAY. 
          WE'RE IMPLEMENTING IT AS A FIXED NUMBER. 
          WE MAY BE ABLE TO FIGURE OUT, GOING FORWARD SOME ADDITIONAL PROCESSES THAT WILL ALLOW IT TO BE DYNAMIC AND TAKE, SAY THE INERTIA OF THE SYSTEM INTO ACCOUNT AND THOSE KIND OF THINGS. 
          BUT FOR RIGHT NOW, WE'RE, WE'RE IMPLEMENTING IT AS A FIXED NUMBER. 
          OKAY. 
          THANK YOU. 
          ANY OTHER QUESTIONS? DAN, DO YOU HAVE MORE? OKAY, THANKS DAN. 
          UH, NEXT IS AGENDA ITEM, 
          [10. Interconnection and Grid Analysis Update]
UH, 10, THE INTERCONNECTION AND GRID ANALYSIS UPDATE PRESENTED BY JEFF BILLOW. 
          UH, KEITH COLLINS. 
          YOU'RE ON DECK. 
          ALL RIGHT, GOOD AFTERNOON. 
          UH, BEFORE I GET INTO MY UPDATE, JUST A NOTE, I WOULD NORMALLY BE PROVIDING A LARGE LOAD INTERCONNECTION UPDATE, BUT, UH, THAT IS IN TOMORROW'S BATCH ZERO PRESENTATION. 
          SO IT'S, IT'S NOT IN THIS UPDATE TODAY. 
          UH, SO WITH THAT, I'LL START WITH THE, UH, GENERATION INTERCONNECTION. 
          UH, WHAT'S BEEN GOING ON THERE? SO THE HEADLINE HERE IS THAT THE, UH, GAS GENERATION INTERCONNECTION REQUESTS HAVE, UH, BEEN GROWING PRETTY SIGNIFICANTLY. 
          UH, AT THE JUNE BOARD MEETING, WHEN I, WHEN I, UH, DID MY UPDATE, WE WERE AT 65 GIGAWATTS OF GAS GENERATION GOING THROUGH THE PROCESS. 
          WE'RE NOW UP TO 80. 
          UH, AND, AND ACTUALLY THESE, THESE NUMBERS, UH, EIGHT OR, UM, AS OF END OF JULY, IN END OF AUGUST NOW THERE'S AN ADDITIONAL TWO GIGAWATTS OF, UH, GAS GENERATION. 
          SO PUT THAT IN PERSPECTIVE. 
          UH, A YEAR AGO, THESE NUMBERS FOR GAS GENERATION WAS AT, THE 
          [01:40:01]
NUMBER WAS 39 GIGAWATTS. 
          UH, SO JUST, UH, TREMENDOUS AMOUNT OF GROWTH, UM, IN, IN, IN THAT, UH, PARTICULAR, UH, TECHNOLOGY. 
          UM, THE, UM, IS REGARDS TO W WHY IS THAT HAPPENING? UM, PART OF IT WE KNOW IS, UH, SOME OF THAT GENERATION IS DIRECTLY TIED TO BATCH ZERO LOADS. 
          UH, AND I'LL HAVE SOME MORE INFORMATION ON THAT TOMORROW. 
          UM, D DON'T KNOW, UH, ABOUT THE REST, IT'S NOT THE INFORMATION WE GET, BUT WE DO KNOW AT LEAST SOME OF THAT IS DIRECTLY TIED TO, UH, BATCH ZERO LOADS. 
          UM, AND, AND THEN JUST TO FURTHER THAT POINT, UM, THE, UH, THIS IS A, IF YOU'VE BEEN PROVIDING FOR A WHILE, JUST LOOKS AT THE LAST 60 DAYS, THE NUMBER OF REQUESTS THAT WE HAVE BEEN RECEIVING, UH, AND THROUGH THE VARIOUS GAS TECHNOLOGIES. 
          UH, THERE IS, UH, 26 NEW GAS PROJECTS THAT HAVE REQUESTED INTERCONNECTION IN ERCOT IN THE LAST 60 DAYS. 
          UH, SO STILL A LOT OF INTEREST IN, UM, SOLAR AND BATTERIES, BUT ACTUALLY, UH, FOR, FOR THE FIRST TIME IN A WHILE, WE'VE ACTUALLY HAD MORE REQUESTS FOR GAS GENERATION THAN, UH, FOR OTHER TYPES OF TECHNOLOGIES. 
          JEFF, JEFF, JUST QUICK. 
          YEAH. 
          SO ONCE A, WHAT IS OUR, KIND OF OUR TRACK RECORD, ONCE A, A GAS GENERATION INTERCONNECTION REQUEST IS PUT IN 90%, A HUNDRED PERCENT. 
          DO THEY MAKE IT ALL THE WAY THROUGH THE QUEUE? YEAH, I'D SAY IN, UH, IN, IN GENERAL IT, IT'S ABOUT 20% THAT MAKE A REQUEST ACTUALLY GET, UH, CONNECTED TO THE GRID. 
          UH, THAT, THAT'S THE LONG RUNNING HISTORIC NUMBER. 
          UM, UH, I DON'T HAVE RECENT NUMBERS. 
          WE, WE COULD LOOK THAT UP AND, AND SEE IF, IF RECENT TRENDS ARE HAVE, UH, BEEN DIFFERENT. 
          BUT LONG TRACK RECORD IS ABOUT 20% ACROSS TECHNOLOGY TYPES MAKE IT, UM, ACTUALLY TO CONNECT. 
          RIGHT? UM, THEN I WANT, WANT DO A QUICK UPDATE ON NOER 2 45 IMPLEMENTATION. 
          SO AS REMINDER, NOER 2 45 WAS THE, UM, UH, NOER THAT ESTABLISHED SOME ENHANCED, UH, RIGHT THROUGH REQUIREMENTS FOR INVERTER BASED RESOURCES. 
          AND, UH, THOSE REQUIREMENTS WENT, UH, NOT ONLY LOOKING FORWARD AT NEW PROJECTS, BUT ALSO IMPACTED EXISTING PROJECTS ON THE GRID. 
          THOSE OWNERS OF THE EXISTING PROJECTS COULD, UH, REQUEST AN EXTENSION FOR MEETING THOSE REQUIREMENTS OR AN EXEMPTION. 
          UH, AND, AND I APOLOGIZE, I HAVE A TYPO HERE. 
          MY, UH, DATE IS, UM, THAT MAY 14TH SHOULD ACTUALLY BE AUGUST 24TH. 
          I APOLOGIZE FOR THAT. 
          WE'LL, WE'LL GET THAT CORRECTED. 
          BUT, UH, BUT THE UPDATE THERE, UH, AS OF AUGUST 24TH IS THAT WE HAVE, UH, DENIED, UH, 25 EXTENSIONS AND OR EXEMPTION REQUESTS. 
          AND THE PRIMARY REASON WHY WE ARE DENYING IS, IS THAT THE ENTITIES, THEY WERE REQUIRED TO SUBMIT GOOD DYNAMIC MODELS, UH, FOR US TO BE ABLE TO REVIEW AND THEIR DYNAMIC MODELS WERE DEFICIENT. 
          SO THAT'S WHY WE WERE, UH, DE DENYING MOST OF THOSE. 
          UM, WE'VE ALSO, UH, GRANTED NOW EXTENSION REQUESTS FOR 93 RESOURCES. 
          UH, AND PART OF THAT, UH, THAT, UH, REQUEST WHEN THEY REQUEST AN EXEMPTION IS THERE'S CERTAIN CRITERIA THAT, THAT WE HAVE TO LOOK AT TO SEE, UH, IF THEY, IF WE GRANT THAT EXEMPTION, WOULD THAT HAVE A RELIABILITY IMPACT ON THE GRID? SO THAT'S OUR RELIABILITY ASSESSMENT, AND THAT ASSESSMENT IS UNDERWAY FOR 116 OF THE RESOURCES. 
          AND, AND, UM, WE EXPECT THAT WE WILL WRAP THAT UP HERE IN THE NEXT MONTH OR TWO AND, AND COMPLETE THAT, UH, THAT, UH, EXEMPTION AND EXTENSION PROCESS, UH, BUT, UM, BEFORE THE END OF THE YEAR. 
          UM, AND THEN, UH, THIS SLIDE IS, UH, A, UH, ESSENTIALLY AN UPDATE OF A SLIDE THAT I PRESENTED IN APRIL TO YOU, UH, ADDRESSING THE, UH, KIND OF TOP THREE OPERATIONAL RISKS THAT, UM, THAT WE'RE SEEING FROM A, UH, LARGE LOAD INTEGRATION PERSPECTIVE. 
          UM, THE, THE FIRST IS, UH, RIDE THROUGH. 
          UM, WE'VE TALKED ABOUT THAT A LOT, UH, AND, UH, IN JUNE, Y'ALL, UM, ENDORSE NOVEMBER 2 82 AND NPR 1308, UH, THE PUC APPROVED THAT IN JULY. 
          AND SO THAT IS NOW IN EFFECT, UH, AS OF AUGUST 1ST. 
          UM, I, I'VE SEEN, UH, I THINK SINCE, SINCE THAT, UH, JULY, I'VE SEEN MULTIPLE PRESENTATIONS FROM OTHER SYSTEM OPERATORS, UH, AS WELL AS FROM NERC THAT ARE REFERENCING THAT THOSE NOIR 2 82 REQUIREMENTS AS A GOOD WAY TO, UH, MOVE FORWARD. 
          AND SO, UH, KUDOS TO, UH, OR CUT STAFF THAT WORKED ON THAT, BUT ALSO TO Y'ALL THAT YOU, YOU MADE THAT A PRIORITY. 
          UH, AND SO NOW OTHERS AROUND THE WORLD ARE, UM, COPYING THAT, UM, O OSCILLATIONS. 
          I'M GONNA DO A, UH, DOUBLE CLICK ON THAT IN THE NEXT SLIDE AND, AND GET INTO THAT AND, AND WHY THAT'S IMPORTANT. 
          BUT WE ARE LOOKING AT SUBMITTING A NEW, UH, NOER TO ADDRESS THE OSCILLATION ISSUES HERE WITHIN THE NEXT MONTH OR SO. 
          UH, AND THEN AN UPDATE ON THE MODELING. 
          UM, WE, UM, HAVE, UH, WORKED WITH TEXAS A AND M TO DEVELOP MORE ACCURATE DYNAMIC MODELS, UH, THAT WORK IS NEARING, UH, COMPLETION. 
          UH, SO THAT GOOD NEWS ON THAT. 
          AND THEN, UM, 
          [01:45:01]
YOU HAVE A AGENDA ITEM, I THINK TOMORROW FOR, UH, BIGGER 1 44 TO APPROVE THAT, UH, ATTACK ENDORSED PIGGER 1 44. 
          AND REALLY WHAT THAT IS ABOUT IS MAKING SURE THAT LARGE LOADS ARE SUBMITTING TO US GOOD QUALITY MODELS THAT, THAT WE CAN USE IN OUR, UH, DYNAMIC STABILITY STUDIES. 
          SO ON THE OSCILLATION. 
          SO, SO WHAT IS IT, WHAT, WHAT IS THAT? WHY IS IT IMPORTANT? UH, SO LARGE, PARTICULARLY LARGE COMPUTATIONAL LOADS, THEY, UH, HAVE A LOAD PROFILE WHERE THAT LOAD CAN OSCILLATE, UH, PRETTY, UH, RAPIDLY. 
          UM, AND IF YOU LOOK AT THE GRAPHIC ON THE TOP RIGHT, THAT IS, UH, ACTUALLY KIND OF A TEXTBOOK EXAMPLE OF WHAT THAT RAPID FLUCTUATION IN CONSUMPTION, UH, WHAT, WHAT THAT LOOKS LIKE. 
          UH, SO THE, UH, ISSUE WITH THIS IS THAT THIS, UH, THIS RAPID, UH, FLUCTUATION, THE, THE FREQUENCY AT WHICH THEY'RE OSCILLATING CAN CAUSE DAMAGE TO, UH, GRID EQUIPMENT, UH, MOST NOTABLY THE, THE SHAFTS ON SYNCHRONOUS GENERATORS. 
          UH, IT CAN, UH, ACTUALLY, UH, HAVE, HAVE A SUB SYNCHRONOUS, UH, UH, RESONANCE AND IT CAN ACTUALLY SNAP THE SHAFT ON A, A LARGE SYNCHRONOUS GENERATOR. 
          UM, THE, THE, UH, PICTURE I HAVE ON THE RIGHT THAT'S ACTUALLY FROM THE, UH, MOJAVE EVENT FROM THE 1970S. 
          IT'S A PRETTY FAMOUS EVENT, UH, FOR SUB SYNCHRONOUS RESIDENTS. 
          BUT, UM, THAT, THAT WAS, OBVIOUSLY THAT WASN'T LARGE DATA CENTERS THAT CAUSED THAT, BUT IT'S THE SAME TYPE OF ISSUE THAT, UM, YOU KNOW, THAT CAN HAPPEN FOR THOSE. 
          UM, AND, UH, I THINK THIS IS RELATIVELY, UH, NEW TYPE OF ISSUE THAT THE INDUSTRY IS, IS WRESTLING WITH. 
          UM, YOU KNOW, 18 MONTHS AGO, THERE WASN'T A LOT OF DISCUSSION ON THIS. 
          I ACTUALLY HEARD A, A PRESENTATION FROM A, UH, COO FROM A LA LARGE GENERATOR, NOT, NOT AN ERCOT, BUT THEY HAD JUST, UH, ANNOUNCED THAT THEY HAD, UM, UH, SIGNED A, A CO-LOCATION AGREEMENT WITH A LARGE DATA CENTER AND THINK SOMEBODY ASKED THEM IF THEY WERE THINKING ABOUT THIS. 
          AND, YOU KNOW, THAT GUY DIDN'T REALLY ACT LIKE HE KNEW WHAT THIS WAS, WHAT THIS WAS, UH, THIS ISSUE WAS, UH, I'M PRETTY SURE NOW HE DOES, UH, 'CAUSE THE INDUSTRY IS REALLY, THIS IS A HOT TOPIC RIGHT NOW. 
          UH, SO, UM, SO, SO THAT'S, THAT'S WHAT THE ISSUE IS. 
          UM, THERE'S HAVE BEEN, UM, SEVERAL, UH, EVENTS, UH, AND, AND WE'VE SEEN SEVERAL ISSUES WHERE THIS IS ACTUALLY A REAL CONCERN ON THE GRID. 
          WE'VE ACTUALLY SEEN THIS ON ERCOT GRID A COUPLE OF TIMES WHERE WE HAVE LARGE LOADS THAT DO HAVE THIS SORT OF PATTERN. 
          UM, THERE HAVE BEEN A COUPLE TIMES WHERE ACTUALLY TSPS HAVE REACHED OUT TO ERCOT AND SAID, HEY, WE'RE, WE'RE SEEING THIS ISSUE. 
          WE HAVE THIS CONCERN. 
          WE'VE WORKED WITH THE LOAD SO FAR, AND, AND THEY'VE BEEN ABLE TO, UH, CORRECT THE ISSUE. 
          UH, BUT WE BELIEVE THAT, UH, WE NEED TO MOVE FORWARD WITH A NOER THAT WILL SET KINDA STANDARD REQUIREMENTS FOR WHAT, WHAT IS ALLOWED AND WHAT IS NOT ALLOWED ON THE ERCOT SYSTEM. 
          UH, AND SO WE, UH, HIRED A, UH, WELL-KNOWN CONSULTANT TO COME IN AND HELP US TO DEVELOP THOSE REQUIREMENTS. 
          UH, AND SO AS I MENTIONED, WE HAVE A DRAFT NOER THAT WE'RE HOPING TO, UH, GET POSTED HERE IN THE NEXT MONTH OR SO. 
          UH, AND THEN IT, IT'S NOT, UM, I THINK JUST A REQUIREMENTS SO THAT NOER IS ESSENTIALLY GONNA SAY, DON'T DO THIS BAD THING. 
          UH, BUT WE ALSO BELIEVE THAT WE MAY NEED TO FOLLOW UP WITH SOME ENHANCED, UH, MONITORING, UH, AND SOME SITUATIONAL AWARENESS, SOME ALARMS THAT, THAT TYPE OF THING TO MAKE SURE THAT, THAT WE'RE, UM, KEEPING TRACK OF THIS ON THE GRID. 
          UM, SO WITH THAT, I THINK THAT'S ALL THAT I HAVE. 
          UM, I'LL PAUSE AND SEE IF THERE ARE ANY QUESTIONS. 
          ARE THERE ANY QUESTIONS, JEFF? SO WE HAD THE DISCUSSION EARLIER TODAY FROM SANDIA ON SOME OF THE MITIGATION ACTIONS POTENTIALLY AVAILABLE TO ADDRESS THIS ISSUE. 
          I WAS JUST CURIOUS IN TERMS OF THE GRID UPS INTERCONNECTION PIECE, HAVE YOU HAD DISCUSSIONS WITH SOME OF THE EXISTING ONES IN TERMS OF THAT AS A POTENTIAL SOLUTION OR, I MEAN, I'M JUST LOOKING FOR SOME COLOR AND SOME CONTEXT. 
          YEAH, SO, UH, WE, WE HAVE HAD SOME DISCUSSIONS WITH, UH, THE, UM, THE LOADS THAT ARE, UM, EXISTING ON THE SYSTEM. 
          UH, I THINK WHAT WE'VE HEARD IS, UH, I THINK UPS IS MAYBE A LITTLE MORE DIFFICULT TO, TO CHANGE THAT, AT LEAST WITH, WITH THE TECHNOLOGY THAT, THAT THEY WERE AWARE OF TO, TO MAKE A CHANGE. 
          UH, THE, UM, UH, I DON'T THINK I'M GIVING AWAY ANYTHING PROPRIETARY, BUT YOU KNOW, ONE, ONE THING THAT THEY CAN DO THAT WE'VE SEEN IMPLEMENTED IS THEY CAN, UM, CAN CHANGE THE WORKLOAD AND, AND HOW THE, UM, HOW THEY ARE SENDING THAT WORKLOAD TO THE PROCESSORS. 
          UH, AND, AND THAT'S, I THINK THAT'S NOT IDEAL, BUT THEY, THEY CAN DO THAT. 
          AND SO THAT'S A WAY FOR EXISTING, UH, LOADS TO SORT OF RETROFIT. 
          UH, I, I THINK WHAT'S MORE COMMONLY BEING IMPLEMENTED, UH, AT LEAST FROM WHAT I'VE HEARD, IS THE, UH, LARGE BATTERIES. 
          SO THEY'RE PUTTING BATTERIES AT, AT THE SITES AND, AND SO THOSE 
          [01:50:01]
BATTERIES CAN DO MULTIPLE THINGS THAT THEY CAN HELP WITH THE RIDE THROUGH REQUIREMENTS, THEY CAN HELP WITH THE OSCILLATION ISSUE. 
          UM, AND THEN I THINK YOU HEARD, UH, I THINK AND, AND ANJI MENTION THAT, YOU KNOW, THEY MAY WANT TO TAKE THAT, SO, SO IF THEY'RE PUTTING IN THAT BATTERY FOR, UH, THESE OPERATIONAL REQUIREMENTS, MAYBE THEY CAN ALSO USE THAT TO SELL THAT INTO THE MARKET AS WELL, SERVICES. 
          OKAY. 
          OKAY. 
          THAT'S GOOD. 
          PERS I MEAN, THAT'S OBVIOUSLY A MORE ROBUST SOLUTION THAN KIND OF THE OTHER, BUT I WAS JUST CURIOUS. 
          RIGHT. 
          OKAY. 
          THANK YOU, JEFF. 
          I MIGHT NEED SOME HELP FORMULATING THIS QUESTION, BUT IF WE SAID, AS YOU DID UP THERE, UM, WHAT WAS IT, 10 MEGAWATTS AND FIVE SECONDS IS CONSIDERED OUTTA CONTROL. 
          DO WE HAVE A WAY NOW IN REAL TIME TO MEASURE OSCILLATIONS THAT ARE SLOWER THAN THAT, THAT TELL US, HEY, WE'RE GETTING CLOSE TO OUTTA CONTROL AND LIKE YELLOW LIGHT, RED LIGHT, WE CAN DO SOMETHING ABOUT IT AHEAD OF TIME? SO, SO AT, UM, AT, AT EVERY, UH, SUBSTATION FOR THE MOST PART WE HAVE, UH, TELEMETRY WHERE WE CAN MEASURE, UH, BUT THAT TELEMETRY TAKES A SNAPSHOT EVERY FOUR SECONDS. 
          UH, AND SO THAT FREQUENCY IS NOT REALLY SUFFICIENT TO, TO CAPTURE THIS PHENOMENA. 
          SO WHAT YOU REALLY NEED IS THE PHASER MEASUREMENT UNITS. 
          UM, AND SO WE ARE, UM, UH, I CAN'T REMEMBER, WE HAD NOER A COUPLE OF YEARS AGO THAT GAVE US, UH, GAVE ERCOT THE PERMISSION TO ASK FOR THOSE TO BE INSTALLED, UH, AT CERTAIN LOCATIONS WHERE THEY'RE LARGE LOADS. 
          UH, WE, WE HAVE NOW TAKEN THAT A STEP FURTHER AND WE ARE ASKING EVERY LARGE LOAD, UH, THE, THE TSP TO INSTALL THAT, THAT PHASER MEASUREMENT UNIT THAT THAT PMU THAT CAN TAKE MORE FREQUENT PICTURES SO THAT WE CAN LOOK AT THIS, UH, UH, AND, AND OBSERVE AT THE DIFFERENT LOCATIONS, YOU KNOW, ARE, ARE WE SEEING SOMETHING AT THIS PARTICULAR LOCATION? UM, RIGHT NOW WE'RE NOT GETTING THAT DIRECTLY STREAMED, UH, TO ERCOT. 
          UH, WE HAVE TO GO AND, AND REQUEST, UH, AND, AND SO YOU CAN SOMETIMES SEE IN THAT TELE THAT FOUR SECOND TELEMETRY, YOU CAN SEE THAT SOMETHING IS MOVING AND THEN WE HAVE TO GO REQUEST. 
          BUT WE ARE LOOKING AT, AND, AND I MEANT, AND THAT, THAT'S KINDA THE PURPOSE OF THAT FOURTH BULLET THERE, IS THAT WE'RE, WE'RE ALSO CONTINUING TO LOOK AT, DO, DO WE NEED TO ENHANCE OUR MONITORING SO THAT WE CAN IDENTIFY THESE ISSUES, UH, BE, BECAUSE OBVIOUSLY YOU DON'T WANT THIS TO PERPETUATE FOR ANY, ANY, YOU KNOW, LENGTH OF TIME ON THE GRID. 
          YES, I WOULD DEFINITELY SUPPORT EFFORTS TO ENHANCE THE REAL TIME MONITORING OF WHAT'S ACTUALLY HAPPENING ON THE GRID. 
          OKAY. 
          ANY OTHER QUESTIONS FOR JEFF? JEFF, DO YOU HAVE ANYTHING ELSE? UH, THAT'S IT FOR ME. 
          OKAY. 
          ORIGINALLY WE WERE SCHEDULED TO DO AGENDA ITEMS 11, 11.1 AND 12, UH, THIS AFTERNOON, UH, BEFORE RESUMING TOMORROW. 
          BUT WHAT WE'RE GONNA DO IS WE'RE GONNA ASK 
          [11. Commercial Markets Update]
KEITH COLLINS TO GIVE THE COMMERCIAL MARKETS UPDATE, JUST AGENDA ITEM 11. 
          AND WE WILL MOVE AGENDA ITEM 11.1, WHICH IS THE, UH, IMM UH, STAFF RESPONSE, AND THEN ALSO THE INDEPENDENT MARKET MONITOR REPORT. 
          WE'LL MOVE THOSE TO TOMORROW. 
          SO, ALRIGHT, THANK YOU. 
          UM, I WILL, UH, WORK TO COVER OUR COMMERCIAL MARKETS UPDATE AND LOOK FORWARD TO TOMORROW'S DISCUSSIONS. 
          SO I, I DO WANNA JUST TAKE A FEW MINUTES TO TALK ABOUT ONE PARTICULAR ITEM THAT, THAT WE'VE BEEN MANAGING AND DISCUSSING. 
          UH, FROM THE MARKET'S PERSPECTIVE. 
          UH, FOR THE LAST SEVERAL MONTHS THERE WERE, WERE A LOT OF CONCERNS ABOUT RELIABILITY UNIT COMMITMENTS OR RUCKS AND WE'D BEEN EXPERIENCING, UH, INITIALLY AFTER THE RTC IMPLEMENTATION, WE, WE NOTICED INITIAL, UH, UH, UH, REDUCTION IN, IN THE FREQUENCY OF A RELIABILITY UNIT COMMITMENT. 
          UH, BUT THEN IN THE, IN THE MAY, JUNE TIMEFRAME, WE'VE SEEN AN UPTICK, UH, THROUGH THROUGH THE SUMMER. 
          AND ONE OF THE THINGS THAT WE WANTED TO HIGHLIGHT IS THAT INPUTS INTO THE R PROCESS THAT STAKEHOLDERS ARE PROVIDING DO HAVE A SIGNIFICANT IMPACT. 
          AND WE'VE, WE'VE SPENT A LOT OF TIME WITH OUTREACH OVER THE LAST SEVERAL MONTHS TO, TO HELP FOLKS UNDERSTAND WHAT, WHAT THAT MEANS. 
          AND SO REALLY WHAT WHAT THIS HIGHLIGHTS IS THE, ONE OF THE PIECES OF INFORMATION THAT WE RECEIVE, PARTICULARLY FROM ENERGY STORAGE RESOURCES, IS WHAT THEY EXPECT TO DISCHARGE OR CHARGE, UH, WHAT IS THEIR PROFILE OVER THE, OVER THE COURSE OF THE DAY. 
          AND WHAT WE SEE IS THAT, UH, THE MAJORITY OF THESE RESOURCES ARE PROVIDING, UH, A, A FAIRLY SHAPED, UH, VIEW OF WHAT THAT LOOKS LIKE. 
          BUT, UH, INITIALLY WE'RE SEEING ABOUT 40% OF THOSE RESOURCES GIVING US A VERY FLAT NUMBER. 
          AND WHEN THEY PROVIDE A FLAT NUMBER, UH, WHAT THAT DOES, THAT DOES NOT ALLOW THE RUCK TO HAVE ANY FLEXIBILITY ON THOSE RESOURCES. 
          AND SO IT ASSUMES BASICALLY SERO DISPATCHABILITY. 
          AND, AND AS A RESULT OF THAT, UH, THAT INFORMATION THAT WERE PROVIDED FROM THE MARKET, WE END UP HAVING TO RUCK RESOURCES TO 
          [01:55:01]
REPLACE THAT FLEXIBILITY ONLY DEFINED IN REAL TIME THAT WE ACTUALLY HAVE THAT FLEXIBILITY. 
          AND SO THIS, THIS ENDS UP IN A, A CYCLE OF, UH, OF MORE RUCKS THAN, THAN WE WOULD'VE INTENDED OTHERWISE. 
          SO HERE'S AN EXAMPLE OF WHAT THAT LOOKS LIKE. 
          UH, ON THE TOP IS ESSENTIALLY A VIEW OF THE RESOURCES, UH, IN THE RED IS THE PLANNED, UH, UH, DISCHARGE, IF YOU WILL. 
          AND IN THE BLUE IS THE ACTUAL, SO GENERALLY FAIRLY CLOSE. 
          UH, WHEN YOU LOOK AT THE BOTTOM SET OF RESOURCES, IT'S, UH, THE PLANNED IS FLAT, AND THEN THE ACTUAL IS, IS ACTUALLY VERY, IS SHAPED, UH, IN TERMS OF WHAT THAT DISCHARGE PROFILE LOOKS LIKE. 
          SO AGAIN, IT, THE ACTUAL DOES NOT REF THE PLAN DOES NOT REFLECT THE ACTUAL, AND THAT AFFECTS WHAT RUCK IS DECIDING TO, UH, TO COMMIT FOR ULTIMATELY. 
          SO WHAT WE DID IS WE DID A, UH, A COUPLE STUDIES TO SAY WHAT WOULD'VE, WHAT THE RESULTS WOULD'VE BEEN IF THE ACTUALS WERE ACTUALLY UTILIZED. 
          AND, UH, WHAT WE SEE IS THAT, UH, IN THE TOP IS THE BASE CASE. 
          AND THEN WE DID TWO DIFFERENT CASES. 
          THERE WAS, UH, A SENSE FROM SOME STAKEHOLDERS THAT DEPLOYMENT FACTORS WERE DRIVING THIS, AND WE STUDIED THAT. 
          AND, AND THAT IS THE MIDDLE CASE. 
          AND THAT IS NOT WHAT WAS DRIVING THIS. 
          UH, IN THE, THE SECOND SORT OF ROW THAT YOU SEE THERE IS HOW MUCH RUX WE WOULD'VE HAD. 
          WHAT WAS THE RUX SAYING WE NEEDED TO, TO DO? AND WHAT WE SEE IN THE BASE CASE IS THERE'S A FAIR AMOUNT OF RUX ON THIS DAY IN THE BASE CASE AND THE, THE, THE DEPLOYMENT FACTOR CASE. 
          AND THEN IN THE THIRD CASE, WE SAID, HEY, LET'S JUST SHAPE, UH, ALL THE RESOURCES, UH, BY WHAT ACTUALLY HAPPENED. 
          AND YOU'LL SEE THAT, UH, LO AND BEHOLD, THE, THE BLUE DISAPPEARS, WHICH MEANS THAT THERE WERE NO RUGS, UH, THAT OCCURRED. 
          AND THEN ULTIMATELY, UH, AT THE BOTTOM, THERE WERE SOME NONS SPIN SHORTFALLS THAT WERE OCCURRING. 
          AND THEN ONCE YOU AGAIN, SHAPE THE RUCKS APPROPRIATELY, UH, THERE ARE NO SHORTFALLS. 
          SO THE, THE REAL KEY TAKEAWAY HERE IS THE INFORMATION THAT WE RECEIVE IN THE R PROCESS THAT IS PROVIDED BY STAKEHOLDERS IS NECESSARY TO PROVIDE, UH, UH, ACCURATE SIGNALS ON WHAT RESOURCES ARE NEEDED OR NOT NEEDED. 
          SO REALLY THE STEPS WE'VE TAKEN IS, UH, INFORMATION OUTREACH, AND I WOULD SAY IN, IN THE OUTREACH WE'VE DONE OVER THE LAST SEVERAL, SEVERAL MONTHS, WE HAVE HAD A CHANCE TO NOTICEABLY CHANGE THE RATIO. 
          SO ON THE LEFT, WE SEE BACK IN MAY IS, UH, ABOUT 60% WAS PROFILED AND ABOUT 40 40% WERE FLAT. 
          UH, BY THE TIME WE GET TO AUGUST, THAT, THAT HAD SHIFTED DOWN TO ABOUT 77% AND 23%. 
          SO, SO THE OUTREACH THAT WE HAVE AND THE EDUCATION WE HAVE DONE HAS, HAS HAD AN EFFECT. 
          UH, HAS IT, UH, HAS IT COMPLETELY ADDRESSED THE ISSUE? NO, NOT, NOT YET. 
          UH, ALTHOUGH WE DO CONTINUE OUR OUTREACH AND, AND I WILL NOTE THAT OUR, UH, WE HAVE INFORMED COMMISSIONED STAFF. 
          I KNOW THE IMM IS AWARE OF THIS AND, UH, WE'VE, WE'VE HAD OUTREACH TO VARIOUS STAKEHOLDERS, PARTICULARLY, UM, INDIVIDUAL STAKEHOLDERS THAT, UH, HAD BEEN, UH, PROVIDING US WITH THE FLAT INFORMATION AND OUTREACH TO, UH, TRADE GROUPS AND ASSOCIATIONS AS WELL RELATED TO THAT. 
          NOW, FURTHER STEPS, I ASSUME WOULD BE A PROTOCOL CHANGE. 
          IS THAT RIGHT? UH, THAT IS THE POTENTIAL OPTION AS WELL. 
          OKAY. 
          IS, IS, UH, IS FURTHER PROTOCOL CHANGES. 
          OKAY. 
          ALRIGHT. 
          OKAY. 
          ALRIGHT. 
          UH, TRANSITIONING TO, WHAT ARE SOME OF THE KEY THINGS THAT COMMERCIAL OPERATIONS IS FOCUSED ON RIGHT NOW? THE FIRST ONE, UH, IS DRS. 
          UH, WE CONTINUE WORK ON THAT. 
          1309 WAS APPROVED EARLIER THIS SUMMER. 
          UH, AND WE AS, AS REBECCA NOTED, WE ARE WORKING ON NPR 1340, UH, WHICH HAS ESR PARTICIPATION AND SHOULD WE GET THAT IN, UH, IN, BY THE DECEMBER BOARD, UH, WE DO ANTICIPATE THAT WE ARE ABLE TO INCLUDE THAT IN THE IMPLEMENTATION PROCESS, WHICH WOULD BE THE 1309 PROCESS, UH, IN THE 2028, UH, PERIOD. 
          UH, NEXT, UH, GENERATION FIRMING. 
          THAT IS SOMETHING, UH, THAT WE'VE BEEN WORKING ON DILIGENTLY OVER THE LAST SEVERAL MONTHS. 
          THAT IS BEFORE, UH, THE BOARD FOR APPROVAL TOMORROW. 
          UH, THE KEY THERE IS THAT THE PROJECT WORK HAS ACTUALLY ALREADY STARTED. 
          THE ONLY WAY TO TO MEET A DECEMBER ONE, TWO THOU, UH, 20, 27 TIMEFRAME IS TO ACTUALLY START THE PROCESS, UH, IN THE IMPLEMENTATION PROCESS THAT HAS ALREADY HAPPENED. 
          AND, UH, EVEN THEN WE MAY STILL HAVE TO PHASE THE IMPLEMENTATION OF THAT PROJECT. 
          UH, AND THEN THE FINAL POINT IS SOMETHING THAT WE HAD, UH, BROUGHT UP DURING THE UH, TNS MEETING EARLIER TODAY IS WORK ON A POINT TO POINT OBLIGATION BID FEE. 
          THIS IS SOMETHING THAT THE IMM HAD INCLUDED IN THEIR, UH, ONE OF THEIR RECOMMENDATIONS IN THEIR STATE OF MARKETS REPORT. 
          UH, THIS IS MAKING ITS WAY THROUGH THE STAKEHOLDER PROCESS AND WE HOPE TO 
          [02:00:01]
HAVE, UH, SOMETHING BEFORE THE DECEMBER BOARD AS WELL ON, UH, A POINT TO POINTY BID FEE. 
          ALRIGHT. 
          AND THEN SWITCHING OVER TO THE MARKET CREDIT, UM, I WILL NOTE THAT, UH, ULTIMATELY THE, THE CREDIT THAT WE HAVE BEEN RECEIVING HAS BEEN FAIRLY FLAT OVER THE LAST SEVERAL MONTHS. 
          THAT INCLUDED THE LAST FEW MONTHS OF, OF, UH, JUNE AND, AND JUNE AND JULY. 
          UH, WE ARE WORKING ON OUR STRESS TESTING FRAMEWORK. 
          WE DO HAVE OUR CONSULTANT WORKING ON THAT, WHO'S REACHED OUT, UH, TO SEVERAL EXECUTIVES, UH, OVER THE LAST, UH, COUPLE MONTHS IS WORKING ON THE REPORT AND DRAFTING THAT. 
          AND WE DO ANTICIPATE HAVING THAT FOR DISCUSSION AT THE BOARD IN DECEMBER. 
          AND THEN, UH, THE FINAL NOTE IS THAT WE ARE BEGINNING TO EVALUATE OUR CR COLLATERAL FORMULA AND OUR FORMULA THAT THAT DOES THE CR UH, COLLATERAL AND, AND THE POTENTIAL FOR REVISION ON THAT GOING FORWARD. 
          SO THAT IS THE END OF MY PRESENTATION AND I AM HAPPY TO TAKE ANY QUESTIONS THAT YOU MAY HAVE. 
          ANY QUESTIONS FOR KEITH? ALRIGHT. 
          OKAY, THANK YOU. 
          WITH THAT, WE WILL, UH, UH, RECESS THE GENERAL SESSION OF THE MEETING AND THE WEBCAST WILL BE SUSPENDED. 
          WE'LL RECONVENE GENERAL SESSION TOMORROW AT 10:00 AM CHAIRMAN GLEASON, THIS MEETING, THE PUBLIC UTILITY COMMISSION OF TEXAS IS ADJOURNED. 
          THANK YOU EVERYONE. 
          I.
* 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.