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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…
Executive Summary Nothing particularly exciting in today’s CWG. A couple NPRRs were deemed to have no credit problems, NPRR1067 (improving background checks and credit scoring) is still waiting on ERCOT staff finishing its securitization work, and NPRR1088 (adjusting forward factors) is waiting for a full Shams Siddiqui rewrite so that it can be revived as…
Executive Summary Well, this was one of the more eventful PRS meetings I can remember. FFR advancement was indefinitely delayed (but very likely sometime next year), we got a tour of a website, some more information about securitization, the PUC’s requested voltage reduction NPRR was passed (not without a general sense that it wasn’t a…
Executive Summary Today’s Wholesale Market Subcommittee was very long and chock full o’ content. FFR Implementation likely delayed NPRR1096(battery duration for ECRS and NonSpin) being changed by ERCOT, to be discussed at ROS and PDCWG (2 hours for ECRS and 4 hours for NSRS) Securitization -all details in a great presentation (presentation attached). NPRR1099(Move some…
Executive Summary At today’s SAWG ERCOT decided that it will ask the PUC if it should do the 2022 Reserve Margin study (expecting PUC to say no), presented on how they are going to try to include distributed generation in future capacity (CDR) reports (they are, they weren’t before), gave a nice presentation of the…
Executive Summary WMWG had an extremely full agenda. ERCOT (Nitika Mago) presented more detail on the 2022 AS Methodology and also presented analysis on what an ERCOT duck curve might look like in a few years. ERCOT (Carl Raisch) also presented on what price responsive behavior they’ve seen in load resources (they haven’t seen much). …
Executive Summary The first real meeting of the new independent Board of Directors. At the beginning of each segment, the presenter did a good job of explaining what they are presenting in a tutorial manner. The ERCOT CEO started with a warning that Monday’s conditions could be tight. Chairman Lake, Commissioner McAdams and Commissioner Cobos…
Executive Summary Today’s Credit Working Group focused on NPRR1088 (making credit requirements reflect more recent activity), NPRR1067(Part of ERCOT’s response to the PJM Green Hat default) and one future NPRR related to default uplift methodology. Notes NPRR1088 which would adjust the calculation of credit for market participants was discussed. The original NPRR adjusted credit calculations…
Executive Summary This was a very quick Congestion Management Working Group meeting. Most of the time was taken up with a report on the RUC for congestion on 9/21/2021 (long story short, it was as much for capacity as for congestion, it just wasn’t reported correctly). Methods for improving CRR models for far into the…
Executive Summary With most of the ERCOT world’s focus firmly on the PUC meeting, the PRS meeting was light today. NPRR1096 (6 hour requirement for ECRS and Non-Spin) was tabled for further discussion in sub-committees, as was NPRR1099 (giving ERCOT the ability to move resource node locations out of the distribution system for the 25-30…
