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Texas Nodal Team Update - February 17, 2004

Get the latest from the TNT meeting on Cost Benefit Study, January & February Votes, Day-Ahead Market update, and upcoming votes. Stay informed, plan ahead!

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Texas Nodal Team Update - February 17, 2004

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  1. Board Update Trip Doggett Facilitator, Texas Nodal Team February 17, 2004

  2. Agenda • Meetings • Cost Benefit Study • Results of January 20 Votes • Results of February 4 Votes • Update on Day-Ahead Market • Upcoming TNT Votes

  3. Meetings • Met with Concept Group leaders on January 21 and scheduled additional meetings through April. • Concept Group leaders will be working with their groups to finalize a “punch list” of items resolved and yet to be finalized. • Goal: Match outstanding items with remaining meetings and develop agendas to reach resolution on the issues and define design elements by March 31.

  4. Cost Benefit Study • TNT approved the Cost Benefit Study RFP on January 7. • RFP was issued on January 8 • Nine proposals were received on or before January 27 • “Short list” of four vendors developed for interviews on February 9 & 10 • Selection Committee recommendations will be presented during Executive Session later today.

  5. January 20 Voting

  6. January 20 Voting (cont.)

  7. February 4 Voting

  8. February 4 Voting (cont.)

  9. February 4 Voting (cont.)

  10. February 4 Voting (cont.)

  11. Day-Ahead Market • During the PUCT Open Meeting on January 29, the Commissioners decided not to propose Day-Ahead rule language at this time, hoping a proposal under development might lead to stakeholder consensus. They requesteda progress update at every Open Meeting and resolution on a comprehensive market design is expected by March 31. • Presentation of “Enhanced Hybrid Day-Ahead Model” heard in February 4 TNT General Session and February 6 Market Operations Concept Group Meeting.

  12. Upcoming TNT Votes • We anticipate Congestion Management CG returning to ratify the Concept Group’s “Load Zone Concept Document” and their “CMCG Concept Document (excluding Load Zones)” • Market Operations CG Issues on February 18

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