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Commercial Operations Working Group Update to TAC

Commercial Operations Working Group Update to TAC. April 7, 2005. COPS Update. ADR Summary ERCOT requested Board Affirm current approach to handling data correction ADR’s (November 16, 2004)

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Commercial Operations Working Group Update to TAC

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  1. Commercial Operations Working Group Update to TAC April 7, 2005

  2. COPS Update ADR Summary • ERCOT requested Board Affirm current approach to handling data correction ADR’s (November 16, 2004) • Board referred issue to TAC for resolution, which referred it to COPS (December 2, 2004) • COPS created Task Force to work through issue • ADR Resolution Task Force met on December 8th and 9th 2004 • ADR Resolution Task Force met on February 18, 2005 • Additional ADR discussion during COPS March 22nd meeting

  3. COPS Update ADR Update • 3 Voting Items • Motion: COPS recommends that TAC affirm that it is appropriate to deny that portion of Market Participant disputes and ADRs that are filed that relate to the accuracy of the Market Participant’s data supplied to and processed by ERCOT (as required by Sections 10 & 15 of the Protocols), even though ERCOT may have received data corrections subsequent to the True-Up Settlement related to the Operating Day • Results: Yes - 55.0 %, No - 45.0 %, 7 Abstains • All Sector Voting Totals: Yes = 2.75, No = 2.25 • Motion failed due to lack of a minimum majority sector vote of 3 per COPS Procedures

  4. COPS Update ADR Update • 3 Voting Items • Motion: COPS recommends that TAC affirm that it is appropriate to deny that portion of Market Participant disputes and ADRs that are filed that relate to the accuracy of the Market Participant’s data supplied to and processed by ERCOT (as required by Sections 10 & 15 of the Protocols), even though ERCOT may have received data corrections subsequent to the True-Up Settlement related to the Operating Day. COPS will continue the review of the dispute and ADR process and follow up with necessary protocol revisions to improve the process • Results: Yes - 18.8 %, No - 81.3 %, 7 Abstains • All Sector Voting Totals: Yes = 0.75, No = 3.25 • Motion failed

  5. COPS Update ADR Update • 3 Voting Items • Motion: COPS will continue the review of the dispute and ADR process and follow up with necessary protocol revisions to improve the process • Results: Yes - 7.0 %, No - 0.0 %, 4 Abstains • All Sector Voting Totals: Yes = 7.0, No = 0.0 • Motion passed

  6. COPS Update ADR Update • No Consensus reached on ERCOT’s current dispute and ADR process. • Due to no consensus on ERCOT’s current process, alternative proposals were not presented during COPS. • With the passing of Motion 3: COPS will continue the review of the dispute and ADR process and follow up with necessary protocol revisions to improve the process, Market Participant are wanting to improve the current dispute and ADR processes on a go forward basis.

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