*******TEXAS NODAL MARKET NOTICE*******

NOTICE DATE: September 30, 2009

NOTICE TYPE: Education/Training

SHORT DESCRIPTION: Upcoming Nodal Settlements Workshops

INTENDED AUDIENCE: ERCOT Market Participants

DAYS AFFECTED: See table below

LONG DESCRIPTION: ERCOT announces the addition of two instructor-led Market Participant workshops to be held in November and December 2009. The locations and schedules for the courses are shown below.

Congestion Revenue Rights (CRR) Workshop: This is a two-day workshop that will address the following topics:

CRR Auction – Annual and Monthly calculations and Invoicing
CRR settlement calculations for an Operating Day with Invoicing in Day-Ahead Market (DAM) and Real-Time Market (RTM)
CRR Auction Revenue Distribution (CARD) Invoice
Balancing Account – Daily and Monthly Reconciliation with Invoice

CRR Workshop dates and locations:

Date	Time	City	Address
November 2 - 3, 2009	9:00 AM to 3:00 PM (both days)	Austin, TX	ERCOT Austin 7620 Metro Center Dr. Austin, TX 78744
November 10 – 11, 2009	9:00 AM to 3:00 PM (both days)	Houston, TX	Calpine 717 Texas Avenue, Suite 1000 Houston, TX 77002
December 1 - 2, 2009	9:00 AM to 3:00 PM (both days)	Garland, TX	Garland Fire Department Administration Building 1500 East State Highway 66 Garland, TX 75040
December 14 - 15, 2009	9:00 AM to 3:00 PM (both days)	Newark, NJ	PSEG 80 Park Plaza Newark, NJ 07101

Day-Ahead Market (DAM) Workshop: This is a one-day workshop that will address the following topics:

Day-Ahead Make Whole including Combined Cycle Resource, Verifiable Costs, and Day-Ahead Average Incremental Energy Cost (DAAIEC)
Day-Ahead Energy and Point-to-Point (PTP) Obligation calculations
Ancillary Services calculation

DAM Workshop dates and locations:

Date

Time

City

Address

November 17, 2009

9:00 AM to 3:00 PM

Austin, TX

Wyndham Garden Hotel

3401 South IH-35

Austin, TX 78741

December 16, 2009

9:00 AM to 3:00 PM

Newark, NJ

PSEG

80 Park Plaza

Newark, NJ 07101

ADDITIONAL INFORMATION: Market Participant training is an integral part of ERCOT’s efforts to help Market Participants transition to the ERCOT Nodal Market. These workshops are part of a series of instructor-led and web-based training courses available to Market Participants.

To sign up for these workshops, please RSVP by sending an e-mail to [log in to unmask], with your name and the company you represent.

CONTACT: If you have any questions, please contact your ERCOT Account Manager. You may also call the general ERCOT Client Services phone number at (512) 248-3900 or contact ERCOT Client Services via e-mail at [log in to unmask].

If you are receiving e-mail from an ERCOT distribution list that you no longer wish to receive, please follow this link in order to unsubscribe from this list: http://lists.ercot.com.