NOTICE DATE:  November 4, 2010

NOTICE TYPE:  Education/Training

SHORT DESCRIPTION:  FINAL REMINDER – ERCOT to host Nodal Market Workshop for Retail Electric Providers   

INTENDED AUDIENCE:  Personnel from Retail Electric Providers or Load Serving Entities

DAY AFFECTED:  Tuesday, November 9, 2010, 09:30 – 13:00 (CST)                  

LONG DESCRIPTION:  ERCOT will host a one-day workshop on topics of special interest to Load Serving Entities (LSEs) and Retail Electric Providers (REPs) and their readiness for the transition to the Texas Nodal Market. The workshop will be held in Austin on Tuesday, November 9, 2010. Commissioner Donna Nelson of the Public Utility Commission of Texas and Marcie Zlotnik, Chairman and Co-Founder of StarTex Power and ERCOT Board Member, will be on hand to welcome attendees and emphasize readiness activities for REPs as the ERCOT market prepares for the December 1st opening of the nodal market. The workshop will consist of panel discussions on changes that the nodal market will introduce to the business environment of REPs in the ERCOT market. Two panels of invited guests will share their ideas and answer questions from the audience on the risks and opportunities of the new ERCOT nodal market for LSEs. 

The location and schedule of the workshop are shown below:





November 9, 2010

09:30 to 13:00

Austin, TX

Omni Austin Hotel at Southpark

4140 Governor’s Row

Austin, TX 78744


The agenda and the topics of panel discussions are as follows:

09:30 – 09:40


Dale Goodman – Director of Client Services – ERCOT 

09:40 – 09:50

Opening Remarks

Commissioner Donna L. Nelson – Public Utility Commission of Texas

09:50 – 10:00

REP Readiness (21 days and counting…)

Marcie Zlotnik – Chairman and Co-Founder of StarTex Power – ERCOT Board Member

10:00 – 11:00

Panel – 1 (Wholesale Market Readiness Checklist)

Wholesale market changes and tools available to LSEs to manage cost exposure:

·         Energy and Capacity Costs

·         Bilateral Trades (Energy and Capacity)

·         Day-Ahead Market (Energy, Point-to-Point Obligations)

·         Hedging Instruments

·         Reliability Unit Commitment (RUC)

·         Settlement (CRRs, DAM, RUC, Real-Time)

Moderator – Kim Casey – Twin Eagle Resource Management

Panel members:

·         Eric Hendrick – Stream Energy

·         Read Comstock – Direct Energy

·         Marty Downey – Trieagle Energy

·         Eric Goff – Reliant Energy

·         Brandon Schwertner – MP2Energy

·         Patrick Coon – ERCOT

11:00 – 11:15



11:15 – 13:00

Panel – 2  (Retail Market Changes)

Changes to interactions between REPs and retail customers:

·         Nodal market charges

·         Contracts

·         Pass-through costs

·         Product and service offerings

·         Consumer protection

Moderator – Kim Casey – Twin Eagle Resource Management

Panel members:

·         John Bick – Priority Power Management

·         Steve Madden – StarTex Power

·         Jim Reynolds – Power & Gas Consulting

·         Paul Smolen – Fox, Smolen & Associates

·         Annette Mass – OPUC

·         Shawnee Claiborne-Pinto – PUCT


ERCOT asks that Market Participants submit questions ahead of the workshop for use in the panel discussions. The moderator will use questions submitted ahead of time, if received, and from the audience to facilitate the panel discussions.

The workshop will also be available via WebEx for those unable to attend in person.

ERCOT hosted another Nodal Market Readiness Workshop for REPs on October 6, 2010. If you were not able to attend, you can access a video recording of this workshop using the links below:

ACTION REQUIRED:  To register for this workshop, please send an email to [log in to unmask] with your name and the name of your company. Please put “Nodal Market Workshop for Retail Electric Providers” in the subject line of the email. If there will be multiple attendees from the same company, please include the names of all attendees.

Please submit any questions you would like to be asked to either panel by sending an email to [log in to unmask] and include “Questions for November 9 ERCOT REP Workshop” in the subject line of your email.

ADDITIONAL INFORMATION:  Any documents presented in this meeting and a video recording of the workshop will be posted at http://nodal.ercot.com/training/courses/rep_workshop.html. See below for WebEx meeting details:

Topic: Nodal Market Workshop for Retail Electric Providers
Date: Tuesday, November 9, 2010
Time: 09:30 – 13:00 (CST)
Meeting Number: 358 522 704
Meeting Password: Nodal123!!

Please click the link below to see more information or to join the meeting.

To join the online meeting:

1. Go to https://ercot.webex.com/ercot/j.php?ED=141294402&UID=0&PW=NYWExZjY1ZWY3&RT=MiM3 
2. Enter your name and email address.
3. Enter the meeting password: Nodal123!!
4. Click "Join Now".

To join the teleconference:

Call-in toll-free number (US/Canada): 1-866-469-3239
Meeting Number: 358 522 704

To access other Nodal Market training courses, go to the Nodal training website at http://nodal.ercot.com/training/courses/index.html. Select “View Schedule” for the class you are interested in attending, and then select “Enroll Online” to register using the Learning Management System (LMS).

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 Nodal Training via email at [log in to unmask].

If you are receiving email 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.