NOTICE DATE:  October 8, 2012

NOTICE TYPE:  M-A100312-02 UPDATE Education and Training

SHORT DESCRIPTION: ERCOT to host Nodal Market Workshop for Load Serving Entities   

INTENDED AUDIENCE:  Load Serving Entities (Retail Electric Providers and Non Opt-In Entities) – Personnel responsible for energy trades, risk management or hedging exposure to congestion costs

DAY AFFECTED:  Wednesday, October 17, 2012, 09:00 – 13:00 (CST)    
              
LONG DESCRIPTION: ERCOT will host a workshop on cost exposure associated with serving load in the ERCOT nodal market.

The workshop will focus on challenges facing Load Serving Entities (LSEs) in managing their exposure to congestion and the market tools available to manage their exposure.  Special attention will be given to costs for congestion between Hubs and Load Zones incurred by LSEs as a result of bilateral trades for energy arranged with delivery to ERCOT hubs.

The session will begin with presentations by ERCOT on costs of serving load in the ERCOT nodal market and tools available to LSEs to mitigate their exposure. This will be followed by scenarios depicting recent market events with significant hub to load zone congestion.

A panel discussion will follow with panel members sharing their experiences in management of load related costs in the nodal market with a focus on hedging against hub to load zone congestion exposure.  This will be followed by a moderated question and answer session on the risks and opportunities of serving load in the ERCOT nodal market based on questions submitted to ERCOT prior to the workshop or from the audience.   

The location and schedule of the workshop is shown below:

Date

Time

City

Address

October 17, 2012

09:00 to 13:00

Houston, TX

Suez Energy

1990 Post Oak Blvd

Houston, TX 77056

 

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

09:00 – 09:10

Welcome

ERCOT 

09:10 – 09:50

Serving load in the ERCOT Nodal Market

(Cost of serving load in the ERCOT nodal market and tools available to mitigate exposure to these costs)

Bill Kettlewell - ERCOT

09:50 – 10:15

Recent events with Hub to Load Zone Congestion

John Dumas - ERCOT

10:15 – 10:30

Break

 

10:30 – 11:45

Panel Discussion

 

  • Congestion costs
  • CRRs
  • Bilateral Trades with delivery to hub or load zone
  • Other market tools

Moderator –  Eric Goff - Citibank

Panel members:

·           Seth Cochran – DC Energy

·           Marty Downey – Trieagle Energy

·           William Lewis -  Cirro Energy

·           Matt Moore – Golden Spread Electric Cooperative

·           Vanus Priestly – Macquaire Energy

·           Paul Smolen – Fox, Smolen and Associates

11:45 – 12:00

Break

 

12:00 – 13:00

Panel Discussion –  continued

  • Congestion costs
  • CRRs
  • Bilateral Trades with delivery to hub or load zone
  • Other market tools

Moderator –  Eric Goff - Citibank

Panel members:

·           See above

 

ERCOT invites you to 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.

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 “October 17 Workshop for Load Serving Entities” 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 by sending an email to [log in to unmask] and include “Questions for October 17 workshop for Load Serving Entities” 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://www.ercot.com/services/training/archives.

See below for WebEx meeting details:

Topic: ERCOT Nodal Market Workshop for LSEs
Date: Wednesday, October 17, 2012
Time: 09:00 – 13:00 (CST)
Meeting Number: 654 888 319
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=206136662&UID=482806862&PW=NNTIwMDhmNWMz&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): 1-877- 668-4493
Meeting Number: 654 888 319

ERCOT delivers training courses covering a wide range of nodal market topics including courses specifically targeted at Load Serving Entities.  For more information on these courses, please go to the ERCOT website at http://www.ercot.com/services/training/. 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 Client Services via e-mail 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.

JA/CD

 

From: ERCOT Client Services
Sent: Wednesday, October 03, 2012 3:34 PM
To: [log in to unmask]; [log in to unmask]; [log in to unmask]; [log in to unmask]; RMS and others; [log in to unmask]
Cc: [log in to unmask]; [log in to unmask]; 1 ERCOT Client Service Reps
Subject: M-A100312-01 Education and Training - ERCOT to Host Nodal Market Workshop for Load Serving Entities

 

NOTICE DATE:  October 3, 2012

NOTICE TYPE:  M-A100312-01 Education and Training

SHORT DESCRIPTION: ERCOT to host Nodal Market Workshop for Load Serving Entities   

INTENDED AUDIENCE:  Load Serving Entities (Retail Electric Providers and Non Opt-In Entities)

DAY AFFECTED:  Wednesday, October 17, 2012, 09:00 – 13:00 (CST)                  
LONG DESCRIPTION: ERCOT will host a workshop on cost exposure associated with serving load in the ERCOT nodal market.

The workshop will be held in Houston on Wednesday October 17, 2012 and will focus on congestion charges incurred by Load Serving Entities (LSEs) as a result of bilateral trades for energy with delivery to an ERCOT hub exposing them to charges due to congestion between the hub and the load zone.

It will begin with presentations by ERCOT on costs of serving load in the ERCOT nodal market and tools available to LSEs to mitigate their exposure to these costs. This will be followed by scenarios depicting recent market events with significant hub to load zone congestion.

A discussion will follow with invited guests sharing their experiences in management of load related costs in the nodal market with a focus on hedging against hub to load zone congestion exposure, as well as answering questions from the audience on the risks and opportunities of serving load in the ERCOT nodal market.   

The location and schedule of the workshop is shown below:

Date

Time

City

Address

October 17, 2012

09:00 to 13:00

Houston, TX

Suez Energy

1990 Post Oak Blvd

Houston, TX 77056

 

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

09:00 – 09:10

Welcome

ERCOT 

09:10 – 09:50

Serving load in the ERCOT Nodal Market

(Cost of serving load in the ERCOT nodal market and tools available to mitigate exposure to these costs)

ERCOT

09:50 – 10:15

Recent events with Hub to Load Zone Congestion

ERCOT

10:15 – 10:30

Break

 

10:30 – 11:45

Panel Discussion

 

  • Congestion costs
  • CRRs
  • Bilateral Trades with delivery to hub or load zone
  • Other market tools

Moderator – 

Panel members:

·           Moderator and panel members will be announced with an update to this market notice

11:45 – 12:00

Break

 

12:00 – 13:00

Panel Discussion –  continued

  • Congestion costs
  • CRRs
  • Bilateral Trades with delivery to hub or load zone
  • Other market tools

Moderator – 

Panel members:

·           Moderator and panel members will be announced with an update to this market notice

 

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.

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 “October 17 Workshop for Load Serving Entities” 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 by sending an email to [log in to unmask] and include “Questions for October 17 workshop for Load Serving Entities” 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://www.ercot.com/services/training/archives.

See below for WebEx meeting details:

Topic: ERCOT Nodal Market Workshop for LSEs
Date: Wednesday, October 17, 2012
Time: 09:00 – 13:00 (CST)
Meeting Number: 654 888 319
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=206136662&UID=482806862&PW=NNTIwMDhmNWMz&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): 1-877- 668-4493
Meeting Number: 654 888 319

ERCOT delivers training courses covering a wide range of nodal market topics including courses specifically targeted at Load Serving Entities.  For more information on these courses, please go to the ERCOT website at http://www.ercot.com/services/training/. 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 Client Services via e-mail 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.

  DH/JR