GATF Activities Update January 17, 2007: Task Force Meeting Summary and Recommendations

1. Update on GATF Activities Wholesale Market Subcommittee January 17, 2007 Henry Durrwachter GATF Vice-Chair

2. The Generation Adequacy Task Force has met five times in 2006 and 2007: May 25th July 14th September 18th November 17th January 12th Task Force Meeting Summary Update Report on GATF Activities--December 13, 2006

3. Load Forecast Demand Response DC Ties “Switchable” Capacity Wind Capacity “Mothballed” Capacity Retired Capacity Private Network Capacity New Generating Capacity CDR Methodology Components Update Report on GATF Activities--December 13, 2006

4. Load Forecast – No Change Demand Response - No Change DC Ties - No Change “Switchable” Capacity - No Change Wind Capacity “Mothballed” Capacity Private Network Capacity – No Change New Generating Capacity GATF Recommendations Update Report on GATF Activities--December 13, 2006

5. Wind Capacity Debating capacity value (currently using 2.6% at peak) Several alternatives being considered Will be finalized at next GATF meeting (January 26) “Mothballed” Capacity Considering showing a line item on the CDR summary New Generating Capacity “Official” reserve margin will use only capacity with a signed Generation Interconnect Agreement (SGIA) – no change from current practice Considering showing a line item on the CDR summary for new announced units or new units with air permits Remaining Items Update Report on GATF Activities--December 13, 2006

6. GATF will meet on January 26 to finalize recommendations on remaining items. GATF will submit a Final Report to WMS in February. Next Steps Update Report on GATF Activities--December 13, 2006

7. Questions?