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Update on Registration for Transition to ERCOT Nodal Market

This update provides information on the registration process for transitioning to the ERCOT Nodal Market, including registration applications, execution of standard form agreements, attestation of qualification, and resource asset registration. Due dates and next steps are outlined.

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Update on Registration for Transition to ERCOT Nodal Market

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  1. Registration Update to TPTFPatrick Coon / Matt MerenessAugust 13th, 2007 http://nodal.ercot.com 1

  2. Update on Registration for Transition to Nodal Market Reminder that Registration and Qualification Guide provides high level view of transitional Registration steps by MP role:http://nodal.ercot.com/readiness/rq/documents/index.html http://nodal.ercot.com 2

  3. Update on Registration for Transition to Nodal Market (continued) Update on Registration for Transitioning to the Nodal Market • Step R1- Registration applications • Applications are complete and posted on ERCOT.com July’07 and are available for execution as appropriate • CRR Account Holder Application (http://www.ercot.com/services/rq/crr/index.html ) • QSE Application (http://www.ercot.com/services/rq/qse/index.html ) • TSP/DSP (http://www.ercot.com/services/rq/tdsp/index.html ) • Step R2- Execute Standard Form Agreements (SFA) • ERCOT Board meeting in July approved NPPR058 and PRR729 which finalized SFA • SFA now identical for zonal and nodal (so no re-execution for nodal will be needed) • ERCOT Legal began circulating SFA on Aug 3, TPTF also notified Aug 6th. • DUE DATE- October 15, 2007 http://nodal.ercot.com 3

  4. Update on Registration for Transition to Nodal Market (continued) Update on Registration for Transitioning to the Nodal Market • Step R3- Attestation of Qualification of Ancillary Services • Form for QSEs wanting to “grandfather” their zonal qualification into nodal • Posted 7/2/07 and available at (http://nodal.ercot.com/readiness/rq/documents/index.html ) • DUE DATE- September 4, 2007 • Step R4- Resource Asset Registration Form (RARF) • Nodal RARF pre-populated and emailed to Generation Resources only • ERCOT also included copy of zonal GARF on file • RARF entries were filtered to only request data for EDS3 (see next page) • Hosted RARF Q&A Meeting on 8/9/07 to address common questions and provide sample of Combined Cycle • Most questions related to Ramp Rates, Reasonability Limits, and Combined Cycle • DUE DATE- September 4, 2007 http://nodal.ercot.com 4

  5. Resource Asset Registration Form - First iteration of RARF is filtered to request only enough data to support EDS3 Other Highlights: Color coding Different worksheets for different resource types Glossary available http://nodal.ercot.com 5

  6. Other activities being looked at for support of nodal registration: It was discussed at the June 6th Registration Kick-Off Meeting that other Registration information is needed beyond Steps 1-4 in transitioning to the nodal market. ERCOT will begin process to formally describe and track the following activities for transitioning to Nodal: • Confirming Generation Resource Metering to EPS Meters • Submitting Eligible contracts and entitlements for PCRRs • Declaration of NOIE Load Zones • Submission of Verifiable Costs • Dynamic Scheduling Registration activities http://nodal.ercot.com 6

  7. Outlook for timing of Registration Activities: Registration Activities Aug 07 Sep 07 Jul 07 Oct 07 Mar 08 Nov 07 Dec 07 Jan 08 Feb 08 Attestation- due 9/4/07 A/S Attestation RARF RARF- 9/4/07 RARF #2 ? Standard Form Agreements SFA- due 10/15/07 PCRR Paperwork PCRR docs due- 12/1/07 NOIE Load Zone Declaration NOIE declaration due- 12/1/07 Registration Applications Applications available CRR Registration by 1/15/08 for Phase1 participation New QSEs to register for DAM participation Confirm EPS Metering Circulate metering data (tentative) Dynamic Scheduling Verifiable Costs http://nodal.ercot.com 7

  8. Next Steps and Questions/Answers Next Steps • Due Sept 4, 2007 (adjusted for holiday) • First iteration of RARF from Generation Resource Entities • Attestation of Qualification of Ancillary Services • Due October 15, 2007 • Standard Form Agreement • Next Registration meeting is tentatively mid-September • Registration update • Focus on CRR/PCRR preparation Questions/Comments? http://nodal.ercot.com 8

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