***** EXTERNAL email. Please be cautious and evaluate before you click on links, open attachments, or provide credentials. ***** RTCTF, A reminder that comments/alternatives are due Thursday Sept 12th (a week ahead of the Sept 19 meeting). Thanks, Matt Matt Mereness [log in to unmask]<mailto:[log in to unmask]> O: 512.248.3089 M: 512.565.8939 From: Mereness, Matt Sent: Friday, August 30, 2019 1:16 PM To: [log in to unmask] Subject: RTCTF Posting for Sept 19 Meeting (comments due Sep 12) RTCTF, ERCOT has posted the updated Key Principle documents with revisions for the next meeting on Sep 19th (http://www.ercot.com/calendar/2019/9/19/180276-RTCTF). Below is a rather long summary of the expectations for each of these items, and reminder that comments/alternative are due a week ahead of time, Thursday Sept 12. KP 1.1 AS Demand Curves (2) and (5)- Sep 19th meeting will be the final RTCTF consideration of this item. - KP 1.1 (2)- Seeking final market comments on concept of maintaining pricing run to capture the effects of reliability deployments. - KP 1.1 (5)- Seeking consensus and/or confirming options for TAC regarding the disaggregation of A/S product curves under the ORDC-shaped curve. o ERCOT and Shams will each present KP language and a brief summary of proposal. o RTCTF asked for the following to help support this discussion ? Pros/cons for both alternatives ? Examples of impacts for two scenarios (of possible with same data): * Short duration ramp spike scenario (plenty of capacity, a temporary ramp constraint) * Scarcity scenario (similar to August peak demand) KP 1.2 System-Wide Offer Cap and Power Balance Penalty Price (3)- Sep 19th meeting will be second meeting to review potential options for AS Price Caps (MPs need to bring comments/language/options). - KP1.2 (3)- Method of capping A/S prices o ERCOT proposal to cap AS prices considering amount of energy cap reduction o Shams proposal to cap AS prices at single value o Ned alternative, still developing (potentially capping at highest offer selected) KP 1.3 Offering and Awarding AS in Real-Time (1)-(12)- Sep 19th meeting will be an extra meeting to further understand and review potential options (MPs need to bring comments/language/options). - KP 1.3 Goal is for any alternatives to be presented as KP language with examples. o Further discussion of Load Resources, AS Offer structure, AS Proxy Offers and Floors o ERCOT to provide a year of online RRS Gen capacity available and settlement examples spreadsheet details. KP 5 Day-Ahead Market (1)-(6) Sep 19th meeting will be second meeting on DAM changes - Clayton potentially proposing additional item for Virtual AS Offers Your time and energy are appreciated and ERCOT staff are available to support questions/details on these items, Matt Matt Mereness [log in to unmask]<mailto:[log in to unmask]> O: 512.248.3089 M: 512.565.8939 ######################################################################## To unsubscribe from the RTCTF list, click the following link: http://lists.ercot.com/scripts/wa-ERCOT.exe?SUBED1=RTCTF&A=1 ########################################################################