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Commercial Operations Sub-Committee Update to TAC

This update highlights key successes of Commercial Operations Sub-Committee including changes in settlement timelines, invoice due dates, and procedures. Learn about the latest modifications and governing subcommittee transitions implemented. Stay informed on load profiling responsibilities and market rule changes.

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Commercial Operations Sub-Committee Update to TAC

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  1. Commercial Operations Sub-Committee Update to TAC April 7, 2006

  2. Successes : PRR568 – Change Initial Settlement from Day 17 to Day 10 • Operating Day January 17, 2006 - Start the migration to Day 10 Initial Settlement, Publication of binding Settlement Statement for this date would be February 2, 2006. One extra day will be Invoiced weekly for 7 weeks. • March 16, 2006 - Completion of PRR568 PRR638 – Change Settlement Invoice Due Date from 16 Calendar Days to 5 Business Days • April 1, 2006 - Impletion of PRR638

  3. Procedures: • COPS Requests that TAC approve • COPS Procedures Update – This document was modified to add PWG as a working group and to add responsibility of load profiling • LPGRR009, Changes to Governing Subcommittee – This LPGRR changes the governing subcommittee of PWG from RMS to COPS

  4. Procedures: • Currently, Profile Working Group updates the decision tree to place ESI IDs into the correct Profile Type. These changes to the decision tree must be made by each TDSP. • ERCOT Staff performs a similar activity and then works with each TDSP to ensure they each agree • LPGRR010 will require ERCOT to perform the profile analysis and identify which ESI IDs need to corrected. The TDSPs will then submit the appropriate TxSET transaction to the Market.

  5. Procedures: • COPS Requests that TAC approve • LPGRR010, Load Profile Type Responsibility Change: Changes the market rules so that ERCOT is responsible for the Load Profile Type calculations during Annual Validation while maintaining TDSP responsibility for Load Profile ID assignment transactions

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