PRS 12/14/21

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…

BoD 12/10/21

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…

WMS 12/1/21

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…

TAC 11/29/21

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…

PRS 11/17/21

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…

CMWG 11/15/21

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…

WMWG 11/15/21

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…

CWG MCWG 11/11/21

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…

PRS 11/10/21

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…

WMS 11/3/21

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…