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ERCOT Nodal Readiness Plan. Trip Doggett TAC Special Meeting September 7, 2005. Outline. Protocol Clarification Processes Touched Project Organization Procurement Process Refine Timeline Refine Cost Estimate. Protocol Clarification.
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ERCOT Nodal Readiness Plan Trip Doggett TAC Special Meeting September 7, 2005
Outline • Protocol Clarification • Processes Touched • Project Organization • Procurement Process • Refine Timeline • Refine Cost Estimate
Protocol Clarification • ERCOT reviewing Nodal Protocols to identify any areas requiring clarification prior to requirements gathering
Project Organization • Dedicated Implementation Team • Business and IT co-leaders • Co-locate team where possible • Anticipate clarification of Governance Model to define point of interaction with Market Participants
Procurement Process • Internal vs. External Development • Vendor Identification • Procurement Process • Consider MP Review and Comments in the process
Refine Timeline • Currently refining timeline to incorporate requirements from TNT Transition Plan • Test sequence • Market Readiness Criteria • 6 months State Estimator load estimates • 6 months of posted LMPs • 168 Hour Test • Additional refinement will occur after contracts are awarded
Refine Cost Estimate • Currently refining cost estimate to incorporate requirements from TNT Transition Plan