<p><span style="font-weight: 400;">1 - Antitrust Admonition Caitlin Smith</span></p>
<p><a href="/storage/docs/2024/08/NPRR1219TACCombo.png"><span style="font-weight: 400;">2</span></a><span style="font-weight: 400;"> - Approval of TAC Meeting Minutes - Vote</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Specific dates mentioned for approval: May 31, June 7, and June 24.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">No edits or comments were noted.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Approval placed on the combo ballot.</span></li>
</ul>
<p><a href="/sharing/?token=5747249d-06f8-4b90-ad56-97ed3c358a18"><span style="font-weight: 400;">3</span></a><span style="font-weight: 400;"> - Meeting Updates - Caitlin Smith</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">PUC had open meetings on June 27, July 11, and July 25.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">On July 25, all revision requests were approved except for NPRR1224, which was rejected.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">PUC directed ERCOT on operational course of action to start August 1 related to NPRR1224.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Jeff Billow provided an update on NPRR1224 rejection and expressed support for releasing ECRS when triggers described in NPRR1224 occur.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Real-time desk procedures updated with triggers from NPRR1224 to release ECRS with under gen of at least 40 MW for more than ten minutes, effective operating date tomorrow.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Bulletin sent regarding updated desk procedures, no market notice sent yet.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1232 has been withdrawn due to similar concerns with offer floor concept and stakeholder feedback.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">IMM was agreeable to the withdrawal of NPRR1232.</span></li>
</ul>
<p><a href="/sharing/?token=8628f1f5-990e-4229-9ccf-6d7a4d4a37e2"><span style="font-weight: 400;">4</span></a><span style="font-weight: 400;"> - Review of Revision Request Summary/ERCOT Market Impact Statement/Opinions - Ann Boren/IMM</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT sponsored all the revision requests this month and supports all of them.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Positive market impacts were identified for all the revision requests.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The CFSG reviewed all requests for credit impacts and found none.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The IMM supports NPRR1230 and NPRR1233 </span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Jeff McDonald from IMM reaffirmed support for pulling the standing deployment NPRR and confirmed the support for two pending NPRRs, with no opinions on the rest.</span></li>
</ul>
<p><span style="font-weight: 400;">5 - PRS Report - Vote - Diana Coleman</span></p>
<p><a href="/sharing/?token=d36e99dd-6b1f-4668-b92a-d480d291f22c"><span style="font-weight: 400;">5.1</span></a><span style="font-weight: 400;"> - NPRR1217, Remove VDI Requirement for Deployment and Recall of Load Resources and ERS Resources</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Recommendation to approve NPRR1217 as advised by PRS in the 7/18 PRS report.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1217 added to combo ballot</span></li>
</ul>
<p><a href="/sharing/?token=b0d392c7-f550-469a-8e82-0f42c3574091"><span style="font-weight: 400;">5.2</span></a><span style="font-weight: 400;"> - NPRR1219, Methodology Revisions and New Definitions for the Report on Capacity, Demand and Reserves in the ERCOT Region - CDR</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">A revised impact analysis was filed on Monday, with costs less than $20,000 absorbed by the O&M budget. Voted with 91% in favor, 8% opposed, and five abstentions.</span></li>
</ul>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Some concern from PRS members about the urgency of the vote and lack of notice given prior to the Webex meeting in July.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Specific concerns raised about using Effective Load Carrying Capability (ELCC) for renewable resources and its advisory role, not leading to mandated reserve margins.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Questions about why WMS didn’t vote on this NPRR before it was classified as urgent.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Need to implement changes by December 2024 for the CDR report, implying required TAC approval.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Concerns raised over the process being rushed and potential implications of changing the reporting methodology.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Comparison between the CDR and the broader reliability standard being established by the commission.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Potential confusion and differences in reliability metrics reported in the CDR versus the new reliability standard.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Discussion on the frequency of ELCC calculation and its potential inaccuracy if updated only every three years.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Plan to phase in the most consequential changes immediately while moving less urgent changes to a future NPRR.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Concerns about the potential policy implications of the CDR numbers if they conflict with new reliability standards.</span></li>
</ul>
<p><span style="font-weight: 400;"><img src="/storage/docs/2024/08/NPRR1219TACCombo.png" width="664" height="700" /></span></p>
<p><a href="/sharing/?token=b0d392c7-f550-469a-8e82-0f42c3574091"><span style="font-weight: 400;">5.3</span></a><span style="font-weight: 400;"> - NPRR1227, Related to RMGRR181, Alignment of Defined Term Usage and Resolution of Inconsistencies</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1227 will remain tabled.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The decision allows the RMGRR181 to catch up to NPRR1227.</span></li>
</ul>
<p><a href="/sharing/?token=9827ed35-ae68-490e-bd5b-d404da2929bf"><span style="font-weight: 400;">5.4</span></a><span style="font-weight: 400;"> - NPRR1231, FFSS Program Communication Improvements and Additional Clarifications</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT introduced improvements and clarifications to the firm fuel supply service.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Cost for these improvements is less than $5000, which will be covered by the O&M budget.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">No new project required for NPRR1231.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Current motion involves waiting for RMGRR181 for other NPRRs.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Recommendation to approve NPRR1231 as advised by PRS in the 7/18 PRS report.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1231 added to combo ballot.</span></li>
</ul>
<p><a href="/sharing/?token=e2cd6eeb-d73f-41e8-a89f-b32a0b5f68f8"><span style="font-weight: 400;">5.5</span></a><span style="font-weight: 400;"> - NPRR1233, Modification of Weatherization Inspection Fees on the ERCOT Fee Schedule</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1233 was unanimously approved by PRS with no impact.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1233 added to combo ballot.</span></li>
</ul>
<p><span style="font-weight: 400;">6 - Revision Requests Tabled at TAC (Possible Vote) Caitlin Smith</span></p>
<p><a href="/sharing/?token=54730fae-7754-40d2-97bc-b324dc908fe9"><span style="font-weight: 400;">6.1</span></a><span style="font-weight: 400;"> - NPRR1230, Methodology for Setting Transmission Shadow Price Caps for an IROL in SCED</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Presentation by Gordon Drake on market-based mechanism analysis applied to selected 2023 operating days.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1230 aims to manage transmission flows via market mechanisms instead of manual control room interventions.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Objective to free control room operators from manual interventions and provide market transparency.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Proposal to increase shadow price caps for certain IROLs.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Analysis showed a range of potential market impacts, highlighting significant cost differences.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Discussion around methodology, including limitations, assumptions, and static vs. dynamic constraints.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Comments on the reliability benefits, reduction in violations, and potential cost increases.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Overall support expressed for NPRR1230 due to its market-based approach and operational efficiency.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Concerns raised about increased cost to load, balanced with operational and reliability improvements.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Motion to endorse NPRR1230 with ERCOT May 29, 2024 comments and desktop edits passed with 92% in favor.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;"><img src="/storage/docs/2024/08/NPRR1230TACballot.png" width="625" height="618" /></span></li>
</ul>
<p><a href="/sharing/?token=6781a29c-4ed6-4879-8f5c-09d3678633da"><span style="font-weight: 400;">6.2</span></a><span style="font-weight: 400;"> - OBDRR046, Related to NPRR1188, Implement Nodal Dispatch and Energy Settlement for Controllable Load Resources</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">OBDRR046 remains tabled.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1188 is still under PRS review.</span></li>
</ul>
<p><a href="/sharing/?token=39e6920d-a389-400d-8729-04eca5c6236e"><span style="font-weight: 400;">7</span></a><span style="font-weight: 400;"> - OBDRR051, Related to NPRR1216, Implementation of Emergency Pricing Program – Impact Analysis - Vote - Ann Boren</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Previous vote on OBDRR051 was done in the last meeting but impact analysis was not voted on.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The focus of this item was on the implementation of the emergency pricing program.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Unanimous recommendation for approval was given at the June TAC.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Motion to approve 01/23/24 impact analysis added to combo ballot.</span></li>
</ul>
<p><a href="/sharing/?token=2e78f231-64b9-4974-bc00-5d1fd5520b5d"><span style="font-weight: 400;">8</span></a><span style="font-weight: 400;"> - RMS Report John Schatz</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Provided an update on TexasSET 5.0 testing.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Every LSE serving customers has registered for the TexasSET 5.0 flight test.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Brian asked about reporting from RMS regarding the utilization of mobile generation, including impacted customers, units used, and other metrics.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">John replied that this information was not requested yet and might come through other channels.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">TDUs (Centerpoint, TNMP, and AEP) are expected to provide a recap of their activities related to Beryl at the August 6 RMS meeting.</span></li>
</ul>
<p><a href="/sharing/?token=695070dc-97ed-4c8d-8259-f1f81568cdea"><span style="font-weight: 400;">9</span></a><span style="font-weight: 400;"> - ROS Report Katie Rich</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">No voting items for this month.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Two items from OWG:</span></li>
<ul>
<li style="font-weight: 400;" aria-level="2"><span style="font-weight: 400;">NPRR1221 is now at PRS</span></li>
<li style="font-weight: 400;" aria-level="2"><span style="font-weight: 400;">NOGRR262 will come back for IA review</span></li>
</ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Several referrals were assigned to various working groups, with most already having initial discussions.</span></li>
</ul>
<p><span style="font-weight: 400;"><img src="/storage/docs/2024/08/TAC31ROSreprot.png" width="571" height="428" /></span></p>
<p><a href="/sharing/?token=b4833bb2-117a-448a-956d-013e4d3d6e9f"><span style="font-weight: 400;">10</span></a><span style="font-weight: 400;"> - WMS Report - Vote - Eric Blakey</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">WMS meeting held on July 10 discussed key topics including Auction Revenue Distribution (CARD), CRR balancing account (CRRBA), and IMM CARD analysis.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Identified potential issue with flexible price responsive loads increasing load to maximize CARD revenue.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT outlined three options for modifying current methodology; further discussion scheduled for next WMS meeting.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Report template to track performance issues relating to insufficient state of charge was discussed.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Voting item: VCMRR040 methodology for calculating fuel adders for coal-fired resources.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1229 was tabled and referred to WMWG; NPRR1232 has been withdrawn; NPRR1235 referred to SAWG and WMWG.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Mention of leadership changes: Kevin Hanson moved to Black Mountain Energy Storage, Blake Holt assumed chair position at WMWG, Amanda Frazier from Treaty Oak Clean Energy appointed vice chair WMWG</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Upcoming meeting on August 7 with IMM invited to discuss the annual scope report.</span></li>
</ul>
<p><a href="/sharing/?token=750017d4-9bc5-4062-91ba-edab76a81554"><span style="font-weight: 400;">10.1</span></a><span style="font-weight: 400;"> - VCMRR040, Methodology for Calculating Fuel Adders for Coal-Fired Resources</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Eric Goff raised a comment about the market monitor's question on DRRS and the quantity ERCOT might procure, noting ERCOT to address it in the annual methodology.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Recommendation for approval of VCMRR040 as indicated in the 7/10 WMS report.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Decision to put the approval of VCMRR040 on the combo ballot.</span></li>
</ul>
<p><a href="/sharing/?token=930ad761-8b8c-4f59-bb92-2131b0b68d36"><span style="font-weight: 400;">11</span></a><span style="font-weight: 400;"> - Credit Finance Sub Group Report Brenden Sager</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1205 approved by PUC July, 2024.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Continued discussion of estimate aggregate liability (EAL) and collateral requirements.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Evaluation of the impact of double top spikes on EAL due to extreme weather events and their financial implications.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT credit group developed several scenarios to mitigate EAL spikes.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Discussion of potential solutions including caps on forward adjustment factors.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Brief mention of PCM proposal discussion and ERCOT's collaboration with consultancy on this matter.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Reviewed NPRRs considered operational without credit impacts and their voting outcomes.</span></li>
</ul>
<p><span style="font-weight: 400;">Important Details:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1205 will impact up to six banks with new requirements to be implemented in November.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Market participants advised to stay informed about CFSG discussions as changes will affect them.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">"Double top" spikes frequently occur, leading to increased collateral obligations during volatile periods.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Data from historical events used to develop more accurate EAL calculations.</span></li>
</ul>
<p><span style="font-weight: 400;">Concluding Remarks:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">No unusual collateral call activities reported.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Year-to-date overview indicating quieter summer compared to the previous year.</span></li>
</ul>
<p><a href="/sharing/?token=5ba07f4b-17f4-4634-8b7b-5f3d74f64828"><span style="font-weight: 400;">12</span></a><span style="font-weight: 400;"> - Large Flexible Load Task Force - LFLTF - Report - Bill Blevins</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1234 and PGRR115 have been moved from ROS to PLWG</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Discussions in OWG related to LFL work on Golden Spread voluntary load curtailment.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Hopes to hibernate the task force after resolving some issues in the next meeting.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Monthly updates on the scheduled meetings will continue to be posted.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Reported over 5GW of load authorized, waiting to energize.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Concerns raised about dissolving the group due to the value of interconnection queue updates.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Potential to create a large load type landing page on ERCOT website for updates.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Added two items under other business: NDCRC update and NPRR1215 update.</span></li>
</ul>
<p><a href="/sharing/?token=117360b2-36a7-4c3a-94e2-5326630aa826"><span style="font-weight: 400;">13</span></a><span style="font-weight: 400;"> - RTC+B Task Force Report Matt Mereness</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><a href="https://ercot-control-docs.s3.us-west-2.amazonaws.com/26/13-rtcbtf_tac_update_07312024.pptx"><span style="font-weight: 400;">Update</span></a><span style="font-weight: 400;"> on program and its issues as implementation gets closer.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Announcement of the go-live date for the program expected by the end of September.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Discussion on the simulation of RTC using ERCOT’s simulator for feedback on price formation.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Simulation to start in September 2024, covering data from June 2023 onwards.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Market readiness pieces were discussed, including market trials plan and QSE attestations.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Market trials might begin as early as May 2025 with a six-month preparation period.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Clarification on the requirements and metrics for QSEs during market trials.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Discussion on feedback mechanisms, such as an open microphone session for further issues.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Release of new NPRRs for clarity and updates, including a substantial RTC clarifications document and an extensive energy storage resource document.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Request for redlines on market trials feedback due by August 9 and QSE attestations by August 12.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Next meeting scheduled for August 14, including a deep dive on settlements and billing with Maggie Shanks.</span></li>
</ul>
<p><span style="font-weight: 400;">14 - <a href="https://ercot-control-docs.s3.us-west-2.amazonaws.com/30/14-ercot-reports.zip">ERCOT Reports</a> Magie Shanks - Randy Roberts - Prabhu Gnanam - Nitika Mago</span></p>
<p><a href="/sharing/?token=3c18a383-487f-4a21-ae1b-ede5fa4708b6"><span style="font-weight: 400;">14.1</span></a><span style="font-weight: 400;"> - Firm Fuel Supply Service Settlement Report - Magie Shanks</span></p>
<p><span style="font-weight: 400;">Background:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Required report under protocol section 3.14.5 paragraph 3.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Annual basis report after FFSS season.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Reports standby costs and fuel replacement costs from FFSS service.</span></li>
</ul>
<p><span style="font-weight: 400;">FFSS Procurement Details:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Obligation period: November 15, 2023 - March 15, 2024.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Contracted with 32 generation resources at $9,000/MW.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Procured 3,319.9 MW of capacity with projected standby cost of $29.9 million.</span></li>
</ul>
<p><span style="font-weight: 400;">Settlemens:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Standby fee: $29.6 million.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Fuel replacement costs: $781,000.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Clawed back amount: $977,000.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Total FFSS cost: $29.4 million.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Adjustments due to availability reduction factor.</span></li>
</ul>
<p><span style="font-weight: 400;">Settlement Timeline Details:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Standby fee adjustments reflected on true-up statements for operating days: January 14-17, 2024.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Settlements occurred: July 12-15, 2024.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Clawback reflected on true-up statements for the first 90 days of the obligation period: November 15 - February 12.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Settlements begin: May 13, end: August 12.</span></li>
</ul>
<p><span style="font-weight: 400;">Clawback Details:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Related to paragraph 9 of section 8.1.1.2.1.6: 90 day clawback for unavailability during a watch.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Related to paragraph 13: 15 day clawback for failing to come online or stay online during deployment.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">3 resources received clawbacks.</span></li>
</ul>
<p><span style="font-weight: 400;">Specific Clawback Cases:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">One resource: tripped offline for 3 hours during watch on January 15 </span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Two resources: mechanical failures unrelated to fuel or cold weather </span></li>
</ul>
<p><a href="/sharing/?token=63e0f49e-6209-4964-97b4-6d96542c926f"><span style="font-weight: 400;">14.2</span></a><span style="font-weight: 400;"> - 4-CP Update - Randy Roberts</span></p>
<p><span style="font-weight: 400;"><img src="/storage/docs/2024/08/TAC4CPReport.png" width="589" height="361" /></span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The update was necessary because there was a discrepancy between operational load data and the published demand and energy report for June.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Operational load suggested the peak would be on June 27th, but the demand and energy report showed it peaked on June 30th.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The discrepancy was due to the exclusion of charging load for ESRs (Energy Storage Resources) in the settlement calculation but not in the operational load data.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Discussion on potential protocol changes to better align operational load information with settlement calculations.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Bill Barnes touched upon the unpredictability of 4-CP as battery capacity increases.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Bob Wittmeyer and other members emphasized the importance of making calculations easier for market participants and the need for real-time data.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">There were suggestions to publish real-time settlement 4-CP load and to make appropriate adjustments where necessary.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT representatives were encouraged to develop a signal mimicking the settlement calculation for better market visibility.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">There was a proposal for ERCOT to explore publishing real-time WMS data and other relevant information on accessible platforms like their dashboard or a market notice.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Continuing discussions at DSWG and planning for a review post-summer were agreed upon.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The need for internal ERCOT discussions to resolve some of the data and reporting issues before discussing at DSWG was emphasized.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">It was agreed that Randy Roberts will return in September or October for a review of the summer and to provide high-level direction based on their findings.</span></li>
</ul>
<p><a href="/sharing/?token=a0a3f783-1551-49da-b794-4f52014cad45"><span style="font-weight: 400;">14.3</span></a><span style="font-weight: 400;"> - Oncor Temple Area Project Possible Vote - Prabhu Gnanam</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Project submitted by Oncor with an initial cost of $120 million not requiring a CCN, later expanded to $272 million, requiring a CCN.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The project addresses thermal and voltage issues in Temple, Killeen, and Bell County areas.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Independent review led to the recommendation of option 5A, the least-cost option meeting all reliability criteria, involving 15.4 miles of new right of way, to be completed by December 2028.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Review found no adverse subsynchronous resonance impacts or new system congestion.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The project involves adding auto transformers and new 138 kV lines, connecting several new and existing stations with significant upgrades to support reliability.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Expanded project scope due to additional identified thermal and voltage issues in Temple and surrounding areas.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Confirmed option 5A meets ERCOT NERC reliability criteria despite being higher in cost than initially proposed.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Voting item: to endorse the Oncor Temple Area Regional Planning Project as recommended by ERCOT (Option 5A), added to combo ballot.</span></li>
</ul>
<p><span style="font-weight: 400;"><a href="/sharing/?token=f0825378-be9e-4ba7-9cf3-af26504f91fc">14.4</a> - 2025 Ancillary Services Methodology Timeline - Nitika Mago</span></p>
<p><span style="font-weight: 400;">Timeline Review for 2025 AS Methodology:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The proposed timeline aims to present the methodology to the October 10 board.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">This timeline allows sufficient time for the PUC to review, approve, and address any remands before the end of December.</span></li>
</ul>
<p><span style="font-weight: 400;">PUC Coordination:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Discussions with PUC staff confirmed the timeline is adequate for their review process.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT will coordinate with PUC staff before October to address any concerns proactively.</span></li>
</ul>
<p><span style="font-weight: 400;">Contingency Plan:</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">If the 2025 methodology approval is delayed past December, the current methodology approved last December will continue to be used.</span></li>
</ul>
<p><span style="font-weight: 400;">Workshop Reminder:</span></p>
<ul>
<li style="list-style-type: none;">
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">A workshop on the PUC and soy services study will be held after the August TAC meeting.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Feedback for the workshop agenda should be sent to the speaker, who will pass it on to the PUC staff.</span></li>
</ul>
</li>
</ul>
<p><span style="font-weight: 400;"><a href="/sharing/?token=447507b7-d8b7-44dd-95fb-c7c0332b3a43">14.5</a> - Post NPRR1186 SOC Reporting requested by TAC</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Provided an update on report templates shared with WMS and WMWG.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">PUC's interest in sufficiency of state of charge from storage resources designated for ancillary services.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Discussed high-level approach for state of charge reporting in response to PUC's conversation.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">R&M requested regular reporting on resource types meeting ancillary service obligations in real time.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Developed a template to monitor shortfalls in ancillary services due to insufficient SOC and inadequate response.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Presented the template to WMS and WMWG, inviting feedback and planning monthly updates.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Introduced an additional template for R&M updates showing total as capacity shortfalls (MW) and their percentages.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Effective from 6/28, partial data for June and July.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Highlighted importance of real-time aggregate state of charge reporting for performance monitoring and market situational awareness.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT operations group is considering mechanisms to share aggregate SOC information.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The commission never instructed ERCOT to report on SOC but emphasized using SOC information for studies and models to maximize battery value</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">SOC reporting should be for systemic issues, not isolated cases.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT proposes reporting on insufficient SOC for ancillary service responsibilities, despite lacking authority to penalize for it.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT's proposed reporting was viewed as fragmentary and providing limited market value.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Discussion on the presentation and access to an aggregated SOC dashboard presented by Dan Woodfin. Need for a review process for new reports and dashboards.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Importance of transparency regarding SOC to ensure customers get value for services. Need for granular data, not just aggregate numbers.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Historical context and current issues with ERCOT website data updates lacking stakeholder review process.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">TAC's desire for SOC reporting stemmed from operational impacts of insufficient SOC on ancillary services.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Monitoring if reporting indicates a need for ERCOT to make costly operational changes.</span></li>
</ul>
<p><a href="/sharing/?token=2d47d11f-c5d7-4e44-960d-4af6f50c729b"><span style="font-weight: 400;">15</span></a><span style="font-weight: 400;"> - Updates on NDCRC - Sreenivas Badr</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT received feedback from market participants on QSE access to NDCRC.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NDCRC changes were rolled out for QSE testing, with plans to allow QSEs to log in using their own certificates within the next few weeks.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Parallel operation is planned for September, with a potential go-live date of October 1.<br /></span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Market participants can submit unit test requests</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">During the testing period, any encountered issues will be addressed before the changes become effective.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Andy Nguyen appreciated the extension of deadlines and emphasized the importance of the changes for entities submitting unit test requests.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Stakeholders like Constellation, LCRA, Tenaska, and NRG have shared concerns and feedback on the user interface.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Andy Nguyen suggested comparing ERCOT's interface with user interfaces from other RTOs and continuing stakeholder engagement.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Jeremy Carpenter inquired about the availability of an API for submissions and was informed that submissions would require manual input through the UI.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">An API capability is not currently on ERCOT's roadmap but may be considered in the future.</span></li>
</ul>
<p><a href="/sharing/?token=41133aad-7305-4adc-a7a5-65691bb0cc45"><span style="font-weight: 400;">15</span></a><span style="font-weight: 400;"> - Updates on NPRR1215 - Austin Rosel</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">NPRR1215 clarifications to the day-ahead market energy-only offer calculation were unanimously approved by TAC and scheduled for the August board meeting.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">An error was identified in the protocol language that needs to be resolved before presenting it to the board.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The error introduced an unintended change in the E2 credit formula, adding a price variable not originally part of the system design.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Instead of making corrections directly and filing comments, it was recommended to remand NPRR1215 back to TAC for correction and another vote.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The corrected NPRR will then be taken to a subsequent board meeting, probably in October.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">A market notice explaining the corrections will be sent out to ensure no surprises at the board meeting.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Comments will be filed on NPRR1215 to address the error.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Attendees appreciated the approach to address the issue and confirmed no objections to the plan.</span></li>
</ul>
<p><a href="/sharing/?token=c62d22b2-453a-473c-9ea6-fc35893beb55"><span style="font-weight: 400;">15.1</span></a><span style="font-weight: 400;"> - TAC Representatives at Annual Membership Meeting</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">No requirement for ERCOT members to speak unless there are questions.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Annual membership meeting scheduled for December 2 or December 3, after December board meeting.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Preference for a member to speak for 10-15 minutes.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Suggestions sought for a process to alternate or vary viewpoints year to year.</span></li>
</ul>
<p><a href="/sharing/?token=48bca843-9f49-4fa2-ac41-de2402a26192"><span style="font-weight: 400;">15.2</span></a><span style="font-weight: 400;"> - Stakeholder Process Improvements Discussion</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">At the Open Meeting, Chairman Gleeson requested attendees to think about improvements to the stakeholder process.</span></li>
</ul>
<p><span style="font-weight: 400;">David Kee</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Problem with parties introducing new information after TAC majority decisions.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Need for subcommittees and working groups to file comments to ensure issues are on record and are part of formal discussions.</span></li>
</ul>
<p><span style="font-weight: 400;">Eric Goff</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Disagreed with the phrase suggesting parties act ‘behind our backs’, highlighted the importance of feedback loops for market success, and acknowledged frustration expressed by higher bodies in the process.</span></li>
</ul>
<p><span style="font-weight: 400;"><a href="/sharing/?token=81200af1-b177-479b-bee9-9328fa6f0610"> 15.3</a> - NOGRR245, Inverter-Based Resource - IBR - Ride-Through Requirements, Update</span></p>
<p><span style="font-weight: 400;">NOGRR245 Status Update</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Prior to the June 17 R&M committee meeting, joint commenters opposed the TAC-recommended version of NOGRR245 and indicated their intent to appeal if the ERCOT board approved it.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Concerns arose that the appeal would delay the immediate system reliability benefits of NOGRR245.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">On June 16, ERCOT requested the R&M committee to table NOGRR245 until the August board meetings, allowing time to address the joint commenters' concerns.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The ERCOT board tabled NOGRR245 on June 18, and since then, ERCOT has been working with joint commenters on revisions.</span></li>
</ul>
<p><span style="font-weight: 400;">Revisions and Bifurcation</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The revisions aim to retain the near-term system reliability benefits by improving software, firmware, and parameterization while bifurcating the exemption process for units unable to meet new standards.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT identified issues such as redundancies, errors, and typos in the initial version, which they plan to correct before the August board meeting.</span></li>
</ul>
<p><span style="font-weight: 400;">Next Steps</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT plans to file comments detailing the specific reasons for all changes before the August board meeting.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">ERCOT will recommend prioritizing a subsequent NOGRR to develop exemption criteria, targeting an effective date no later than April 1, 2025.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Upcoming discussions on NOGRR245 are scheduled for August 19 R&M and August 20 (ERCOT board).</span></li>
</ul>
<p><span style="font-weight: 400;">Concerns and Process Issues</span></p>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">There was frustration over the timing and communication regarding a slide deck posted without prior notice to TAC members, leading to concerns about the relevance and process.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Some TAC members expressed dissatisfaction with how information was being shared and handled, particularly regarding issues not currently in front of TAC.</span></li>
</ul>
<p><span style="font-weight: 400;">Final Remarks</span></p>
<ul>
<li><span style="font-weight: 400;">ERCOT acknowledged that they have already begun working on the subsequent NOGRR to develop exemption criteria and are not waiting passively.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The discussion emphasized the importance of early and clear communication, with some members expressing appreciation for the progress made on specific issues.</span></li>
</ul>
<p><span style="font-weight: 400;"><a href="/sharing/?token=2801aa34-31ad-486b-9088-338de25c8652">16</a> - Combo Ballot - Vote - Caitlin Smith</span></p>
<p><img src="/storage/docs/2024/08/731TACvotingitems.png" width="706" height="115" /></p>
<p><span style="font-weight: 400;"><img src="/storage/docs/2024/08/TAC731COMBO.png" width="684" height="674" /></span></p>
<p><span style="font-weight: 400;">17 - Adjourn</span></p>
<p><br /><br /></p>