Meeting · WMS
Wholesale Market Subcommittee (WMS) Meeting
LocationERCOT Austin 8000 Metropolis (Building E), Suite 100 Austin, TX 78744 Room 206
VirtualWebEx / Teams
Dial-in877-668-4493
Revision Requests On The Agenda
NPRR347NPRR351NPRR385NPRR400NPRR418NPRR425NPRR429NPRR432NPRR438NPRR444NPRR449NPRR456NPRR458NPRR459NPRR460NPRR461NPRR463PGRR018
Agenda 27 items
- 1. Antitrust Admonition — E. Goff · 9:30 a.m.
-
2.
Approval of Meeting Minutes April 11, 2012 Vote
— E. Goff
· 9:35 a.m.
- 02- Draft WMS Minutes April 11, 2012 · Meeting Minutes
- 3. ERCOT Technical Advisory Committee (TAC) and Public Utility Commission of Texas (PUCT) Updates — E. Goff · 9:40 a.m.
- 4. TAC Assignments NPRR418, Reporting of Resource Forced Outages - QMWG Criteria for Load Provided Capacity - DSWG/RCWG Reliability Unit Commitment (RUC) Settlement - QMWG Emergency Response Service (ERS) Qualified Scheduling Entity (QSE) Performance Measurement and Compliance - DSWG and QMWG Day-Ahead Market (DAM) and Real-Time Market (RTM) Price Finalization and Correction Timing and Procedures - RCWG NPRR449, Reduce Maximum CRR Transaction Limit in Auctions - Review Process and Timelines Associated with Setting Transaction Limits for Future CRR Auctions NPRR456, Clarification of Definition of Electrically Similar Settlement Points and Heuristic Pricing Posting - CMWG Other TAC Assignments Vote — E. Goff · 9:50 a.m.
-
5.
ERCOT Operations and Market Items: Implementation of NPRR351, SCED Look-Ahead Step 1: Pricing: Calculate Non-Binding Prices and Base Points for Initial Research into SCED Look-Ahead and allow Consumers to have a Forward Price Projection 30-Minute ERS Pilot Project - ERCOT Presentation Overview of current Seasonal Assessment of Resource Adequacy (SARA) Synchronization with Long Term 36 Month Forecast
— J. Robinson M. Patterson W. Lasher
· 10:15 a.m.
- 05- Pres- NPRR351 Update to WMS · Stakeholder Presentation
- 05- Pres- Pilot Project Concept- 30 Min ERS · Stakeholder Presentation
-
6.
NPRR385, Security Violation Analysis and Reporting and Negative Price Floor - Vote
— E. Goff
· 10:45 a.m.
- 06- RCWG Shift Factors - NPRR385 · Revision Request Comments
- 7. NPRR425, Creation of a Wind Resource Group for GREDP and Base Point Deviation Evaluation - Vote — E. Goff · 11:00 a.m.
- 8. NPRR429, HASL Offset Provision - Vote — E. Goff · 11:15 a.m.
- 9. NPRR438, Additional Minimum Counter-Party Qualification Requirements, Including Risk Management Capability Requirements - Vote — E. Goff · 11:30 a.m.
- 10. NPRR458, Establishment of ERCOT’s Central Counterparty Role - Vote — E. Goff · 11:45 a.m.
- Lunch · 12:00 p.m.
-
11.
NPRR459, Better Matching Forward Collateralization with Forward Risk in the Real-Time Market - Vote
— E. Goff
· 1:00 p.m.
- 11- Vote- WMS- NPRR459- May 9, 2012 · Revision Request Ballot
- 12. NPRR460, Modify Wind Generation Resource Ramp Rate Limit - Vote — E. Goff · 1:15 p.m.
- 13. DRAFT NPRR, Increased Liquidity and Flexibility in CRR Auctions - Vote — E. Goff · 1:30 p.m.
-
14.
NPRR461, Energy Storage Settlements consistent with PUCT Project 39917 - Vote
— E. Goff
· 1:45 p.m.
- 14- Pres- Energy Storage Settlements PUCT 39917 & NPRR461 · Stakeholder Presentation
- 14- ESR Generation Metering Discussions Ver 1.0 · Stakeholder Presentation
- 15. PGRR018, Clarify the Prerequisites for Adding a New Generation Resource to the Planning Models and Capacity Demand and Reserves Report - Vote — E. Goff · 2:00 p.m.
-
16.
Generation Adequacy Task Force (GATF) Status of the current Loss of Load Probability (LOLP) study Status of next Capacity, Demand, and Reserves (CDR) Report Discuss synchronization of GATF and Planning Working Group (PLWG) activities
— A. Pieniazek
· 2:15 p.m.
- 16- Pres- GATF Update to WMS · Committee Report
-
17.
Resource Cost Working Group (RCWG) RCWG Vice Chair NPRR432, Deployment of Resources to Alleviate Anticipated Emergency Conditions Draft NPRR on Clawback of Capital Contributions Operational and Settlement Changes for RMR Resources DAM and RTM Price Correction Timing - Update Over-Mitigation in SCED for Quick-Start Generation Resources (QSGRs) Vote
— J. Bevill
· 2:45 p.m.
- 17- Pres- RCWG Update to WMS · Committee Report
- 17- Draft NPRR, Clwbk RMR Capital Contribution · Revision Request
- 17- Cmnts ERCOT/Lum Draft NPRR, Clwbk RMR Cap Contrib · Revision Request Comments
-
18.
Congestion Management Working Group (CMWG) General Update CRR Subgroup Report Constraint Competitiveness Tests (CCT) - Over-mitigation in SCED NPRR463, CRR Auction Structure Enhancements
— M. Wagner
· 3:00 p.m.
- 18- Pres- CMWG Update to WMS · Committee Report
- 19. Demand Side Working Group (DSWG) General Update ERS Load Portfolio Compliance Load Provided Capacity Price Responsive Load Settlement — T. Carter · 3:15 p.m.
-
20.
Market Credit Working Group (MCWG) General Update Impact of Power Balance Penalty Curve Modifications on Credit Requirements NPRR347, Single Daily Settlement Invoice and Updates to Credit Calculations, including addition of a Minimum Collateral Exposure Component - Implementation Update NPRR400, Eliminate Unsecured Credit for CRR Auctions and for Future Credit Exposure and Eliminate Netting of FCE with CCE - Implementation Update
— M. Holler
· 3:30 p.m.
- 20- Pres- MCWG Update to WMS · Committee Report
-
21.
QSE Managers Working Group (QMWG) ERS QSE Performance Measurement and Compliance (ERS Generator) NPRR444, Supplemental Reliability Deployments - 0-LSL provision SCED Time Delay NPRR460, WGR Ramp Rate Limitations
— S. Looney
· 3:45 p.m.
- 21- Pres- QMWG Update to WMS · Committee Report
- 22. Other Business Market Transparency of DC Tie Outages — E. Goff · 4:00 p.m.
- Emerging Technology Working Group (ETWG) - No Update — M. Bruce
- Metering Working Group (MWG) - No Update — D. DiSanto
- Reliability Deployments Task Force (RDTF) - No Update — R. Comstock
- Adjourn · 4:00 p.m.
Ballots
| Body | RRs | Result | Yes | No | Abstain | |
|---|---|---|---|---|---|---|
| WMS | NPRR459 | Motion Fails | 2.58333 | 3.16667 | 10 | xls |
Documents 3
| Name | Doc Type | Type | Posted |
|---|---|---|---|
| Agenda- WMS- May 9, 2012 | Meeting Agenda | doc | May 7 '12 |
| Approved WMS Minutes May 9, 2012 | Meeting Minutes | doc | Sep 6 '12 |
| WMS Market Rules Meeting Materials Materials- May 9, 2012 | zip | May 7 '12 |