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SEWG Update to COPS 01/10/2012

SEWG Update to COPS 01/10/2012. Jim Galvin. Settlement Observations- Load Zone to Hub Nov/Dec 2011. Cost to Serve Load- Dec 2011 v 2010. Settlement Observations- Price and Cost to Serve Load Dec. Cost to Serve Load Dec 2011-

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SEWG Update to COPS 01/10/2012

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  1. SEWG Update to COPS01/10/2012 Jim Galvin

  2. Settlement Observations- Load Zone to Hub Nov/Dec 2011 Meeting Title (optional)

  3. Cost to Serve Load- Dec 2011 v 2010

  4. Settlement Observations- Price and Cost to Serve Load Dec • Cost to Serve Load Dec 2011- • Revenue Neutrality down to $0.15 (from $0.42 in Nov) SEWG may want to continue to analyze RENA in 2012 • RTSPP Analysis Dec 2011- • Milder weather led to prices averaging at “normal” levels • Count of high price intervals (North Zone) • Greater than $500- 12 • Greater than $1,000- 3 • Greater than $100- 36 • Less than $18- 368 • West Zone: Less than $18- 1,225

  5. SEWG Initiatives for 2012 • NPRR 347 and other items impacting Credit and Settlement Timeline • Implementation of NPRR 347 will dramatically impact the settlement timeline and processing of invoices • Systems will need to be changed and tested with ERCOT to ensure smooth transition • Settlement Handbook Phase II • Expanding on the draft to add additional detail as well as maintaining handbook due to changes to Protocols • Revenue Neutrality • Investigating drivers and spikes to RENA • Support changes to settlements from NPRRs • Base Point Deviation

  6. Questions? Meeting Title (optional)

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