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Texas Nodal Team TAC Update

Stay informed about the progress of the Texas Nodal Team (TNT) and upcoming meetings focusing on Market Design Rule. Learn about the team's approach, deliverables, and communication strategies for informed decision-making. Explore concept groups, timelines, and tasks to shape the future of ERCOT's energy market. Get involved, engage with stakeholders, and contribute to the development of a robust market system.

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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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