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Executive Summary The big topic today was nodal pricing of load resources. ERCOT (Sai Moorty) presented a deck outlining the issues that he sees with giving nodal prices to load resources and where ERCOT stands on the issue currently. ERCOT is currently focusing on implementing this for large single site resources. This effort will not…
Executive Summary Two big topics dominated the discussion at today’s CWG/MCWG meeting. First up was NPRR1112 (eliminating unsecured credit). Public power came out strongly against this NPRR. The need was hotly debated, and it was tabled, probably to be amended to be a lowering of the unsecured credit cap (currently at $50M). Stay tuned for…
Executive Summary Today’s Wholesale Market Working Group (WMWG) meeting focused on six main topics: NPRR1084 (Require outage reports within a half hour if over 2%), implementation of the new HCAP, a NERC presentation on the Uri outage, NPRR1100(ability to microgrid with nearby batteries if there is a transmission outage), NPRR1108 (ERCOT to not allow planned…
Executive Summary A quick, painless Protocol Revision Subcommittee (PRS) meeting. Troy gave his usual update on project statuses, still with no implementation date for FFR Advancement, which changes the ERCOT interface. Mark Ruane gave an update on securitization – a webpage with everything you need to know is at https://www.ercot.com/about/news/securitization . Three non-exciting NPRRs passed…
Executive Summary As the board fleshes out with new members, the board meetings are going back to their normal (kind of boring, if you’ve been following the issues) selves. The new board members (Bill Flores, Zin Smati, Bob Flexon, and Jim Swainson) introduced themselves. Other than that, a lot of the meeting was ERCOT and…
Executive Summary Today’s Wholesale Market Subcommittee spent a lot of time going through the list of remaining emergency action items from the fallout of the February storm, and decided that it could close (had dealt with or was dealing with) every one. They also remanded a few issues to the wholesale market working group (pricing…
Executive Summary Although this TAC ran long, there wasn’t anything exciting or new. Probably the most practical highlight was the ERCOT (Mark Ruane) presentation on securitization, which I have attached to the email in case you are curious about what will happen and when. All NPRRs that were recommended by the Protocol Revision Subcommittee got…
Executive Summary NPRR1107 (fees for weatherization inspection) and NPRR1109 (allowing recently retired resources to get back onto system without full interconnection process) were the only items up for discussion this PRS and they both passed. NPRR1107 did get significantly changed, however, as it is now a fee that will be assessed to all ERCOT generation…
Executive Summary ERCOT presented on the RUC for congestion on 9/21/21. Turns out it wasn’t very mysterious after all; the units in Houston were for Houston voltage collapse and the units in DFW and San Antonio were for WESTEX export relief. The discussion on possible fixes for the issue where short term derates of transmission…
Executive Summary WMWG hit four main topics; NPRR1084 (Require outage reports within a half hour if over 2%), NPRR1092 (Lower RUC Offer floor), Advanced Action Notices, and What To Do About CryptoCurrency Load? For NPRR1084, look for a market participant to write comments on a compromise solution soon. If you should want to be a…
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