RTCTF Members,

Thanks for the great progress this week.  Here is a summary of consensus items and a couple follow-up items from the Dec 3 RTCTF meeting:

 

Summary of consensus KP items at Dec 3^rd meeting and ready for TAC:

KP1.1(2),(6) and KP3(13)-(20)  RUC Items and the Reliability Deployment Pricing Run  (note that 1.1(7) was no longer needed and removed)

KP1.1(7) AS Demand Curve for Regulation Down (formerly labelled 1.1(8) is now 1.1(7))

KP1.3(11) Timeline for submission of AS Offers for Real-Time

KP1.4(3)-(4)  Resource Statuses and Telemetered AS Limitations

KP1.5(14-15)  Emergency Operation Settlement

KP1.5(16) Merging Regulation and FRRS Signals

KP1.6(5) Credit Exposure Changes Associated with AS

KP5(7rtctfj) - Update to the Default Uplift Calculation to Include Virtual AS Offer Awards as Market

 

Follow-up from ERCOT on analysis of pricing outcomes under scarcity with RUC-committed resources:

Per stakeholders’ request, the Excel models and a short PowerPoint deck describing how to use the models are now posted to the 12/3 RTCTF meeting page at this link.

 

For the 12/19/19 RTCTF Meeting ERCOT has posted the latest KP versions and the agenda will post next week: (meeting link)

 

ERCOT will continue to track the two concepts discussed:

Plan for periodic analysis and reporting of RTC versus ORDC pricing outcomes

Transitional approaches on items such as Performance Monitoring

 

Thank you again for the support and have a great weekend,

Matt

 

Matt Mereness

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O: 512.248.3089

M: 512.565.8939