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Texas Nodal Team TAC Update

Texas Nodal Team TAC Update. Trip Doggett September 4, 2003. August 27 Meeting. First Meeting was a Success Approximately 100 attended in person Approximately 25 participated via webcast. August 27 Agenda. Introduction of Facilitation Team Approach Deliverables

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Texas Nodal Team TAC Update

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  1. Texas Nodal Team TAC Update Trip Doggett September 4, 2003

  2. August 27 Meeting • First Meeting was a Success • Approximately 100 attended in person • Approximately 25 participated via webcast

  3. August 27 Agenda • Introduction of Facilitation Team • Approach • Deliverables • Overview of Market Design Rule • Discussion of Concept Groups • Other Issues/Wrap-up

  4. Facilitation Team Facilitation Team • Trip Doggett Benchmark Power Consulting, Inc. tdoggett@ercot.com (512) 626-0275 • Vikki Gates Cuddy The Structure Group vikki.cuddy@scgo.com (512) 350-4020 • Jim Galvin ERCOT jgalvin@ercot.com (512) 248-3870 • Develop & Maintain Work Plan • Maintain Meeting Schedule • Provide TAC & Board Progress Reports • Respond to stakeholder and PUCT information requests • Record votes and attendance • Post agendas and meeting minutes • Involve Economists, Technical Experts

  5. Approach –Communication Status: Email tnt.list@ercot.com

  6. Approach –Communication Status: Website

  7. Approach –Communication Status: In-person meetings

  8. Approach –Communication Status: Web-based meetings

  9. Future TNT Meetings • September 10 • September 24 • October 1 • October 22 • November 3 • November 17 • December 2 • December 17 • December 31?

  10. Approach –Informed Decision Making • Education – Key to Success • Educational needs • Nodal Pricing • Congestion Hedging • Comparative Market Analysis

  11. Deliverables • Day-Ahead and CRR Strawman • Should ERCOT run a day-ahead energy market with security-constrained, economic dispatch (i.e., that reflects congestion)? • Types of CRRs, Distribution of CRRs, CRR Deratability • Target date: October 1, 2003 • Design Document • Conceptual market attributes, description of timing of implementation, and comparison to current state. • Summary of white paper concepts, relationship modeling • Detailed specificity to adequately describe design elements • Example: number of set points, terminology –inc/dec vs. bid/offer) • Target date: 1st Quarter 2004 • Draft Protocols • End to end rules for Texas Nodal market operations • Firm date: October 31, 2004

  12. PUCT RulemakingsTimelines and Tradeoff • Timeline • DA Market and CRRs: 2004 Q1 (?) • September 5th workshop • October 1st filing of strawman • Pricing Safeguards: 2004 Q2 • Planning Reserve: 2004 Q4 • Rule Language vs. Protocols Language

  13. Concept Groups • A Concept Group will • Champion education, resolution and definition of its respective issue, action or strawman • Accept assignments to draft whitepapers, conceptual diagrams or other materials as requested by the Facilitation Team • Will report developments in each TNT Facilitation meeting • Facilitation Team will rotate attendance within Concept Group meetings

  14. Concept Groups • Propose to address various nodal configurations in “Concept Groups” • Provide an open forum for participation of all stakeholders in Concept Groups • Support collaborative development between stakeholders and ERCOT staff

  15. Concept Groups: Next Steps • Confirm the Groups • Choose Leaders • Develop Meeting Schedules • Scope of each group • Timelines / priorities

  16. Other Near Term Tasks • Timeline / Work plan • ERCOT develop process for hiring economist, technical experts, cost benefit analysis • Educational courses • Address Commission request for “rule-like” language from stakeholders on CRR and Day Ahead Market by October 1

  17. TAC’s Role • Refer to August 19 Board Presentation • Co-Sponsor (with ERCOT) Facilitation and Coordination • Review unresolved positions • Present briefing materials for ERCOT Board on unresolved positions • Advise ERCOT staff during implementation phases

  18. Open Issue • Maximum number of proxies a representative may hold during voting?

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