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TAC Update

TAC Update. Trip Doggett Facilitator, Texas Nodal Team April 8, 2004. Agenda. Cost Benefit Study Update Day-Ahead Market Update Results of March 17 Votes Results of March 29 Votes Results of March 30 Votes Results of March 31 Votes Results of April 1 Votes ERCOT Protocol Team.

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TAC Update

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  1. TAC Update Trip Doggett Facilitator, Texas Nodal Team April 8, 2004

  2. Agenda • Cost Benefit Study Update • Day-Ahead Market Update • Results of March 17 Votes • Results of March 29 Votes • Results of March 30 Votes • Results of March 31 Votes • Results of April 1 Votes • ERCOT Protocol Team

  3. Cost Benefit Study Update • Successful negotiations were completed with Tabors, Caramanis & Associates (TCA). • TCA attended Cost Benefit Workshop at the PUCT Open Meeting on March 10. • TCA is working with ERCOT to prepare and populate data for their modeling. • TNT accepted the Replication Change Case as one of the change cases to be studied, using the NE-ISO market system as the basis • TNT also accepted “Nodal Light”, with the zones adopted by TNT,as one of the change cases to be studied. • TNT approved the Commission requested backcasting in lieu of one of the four change cases.

  4. Day-Ahead Market Update • On March 16, the Board reviewed TNT’s proposed Day Ahead resolution and passed the following Motion: A day-ahead market shall be established in ERCOT through the implementation of the Auction Day-Ahead model by March 2005 or as soon as practicable and the implementation of a day-ahead market that includes the settlement of CRRs in both real-time and day-ahead timeframes, and is substantially similar to the currently proposed Enhanced Hybrid Day-Ahead model within 12 months or as soon as practicable following the implementation of the real-time nodal market.

  5. March 17 Voting

  6. March 17 Voting (cont.)

  7. March 17 Voting (cont.)

  8. March 17 Voting (cont.)

  9. March 17 Voting (cont.)

  10. March 29 Voting

  11. March 29 Voting (cont.)

  12. March 29 Voting (cont.)

  13. March 29 Voting (cont.)

  14. March 29 Voting (cont.)

  15. March 29 Voting (cont.)

  16. March 29 Voting (cont.)

  17. March 30 Voting

  18. March 30 Voting (cont.)

  19. March 30 Voting (cont.)

  20. March 30 Voting (cont.)

  21. March 31 Voting

  22. March 31 Voting (cont.)

  23. March 31 Voting (cont.)

  24. March 31 Voting (cont.)

  25. April 1 Voting

  26. April 1 Voting (cont.)

  27. ERCOT Protocol Team • Cheryl Moseley provided an update to TNT • Timeline reviewed • Status of Core Team • Starting with Concept papers • Meeting with Concept Groups in late April with questions to ensure clarity • Proposed new outline

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