Validation for WMS Standing Representatives

Suzy Clifton

    9:15 a.m.

1.

Antitrust Admonition

Suzy Clifton

    9:30 a.m.

2.

Membership Introductions

Suzy Clifton

3.

Election of 2022 WMS Chair and Vice Chair (Vote)

Suzy Clifton

4.

Agenda Review

WMS Leadership

    9:40 a.m.

5.

Approval of WMS Meeting Minutes (Vote)

WMS Leadership

    9:45 a.m.

• November 3, 2021

• December 1, 2021

6.

New Protocol Revision Subcommittee (PRS) Referrals (Vote)

WMS Leadership

    9:50 a.m.  

• NPRR1110, Black Start Requirements Update

• NPRR1111, Related to SCR819, Improving IRR Control to Manage GTC Stability Limits – Urgent

• SCR819, Improving IRR Control to Manage GTC Stability Limits – Urgent

7.

Wholesale Market Working Group (WMWG)

David Detelich

  10:40 a.m.     

• Nodal settlement of Load Resource

• Implementation of PUCT-directed changes to High System-Wide Offer Cap (HCAP) and Operating Reserve Demand Curve (ORDC)

Jian Chen

Break

  11:40 a.m.

8.

Revision Requests Tabled at PRS, Technical Advisory Committee (TAC), or Reliability and Operations Subcommittee (ROS) and Referred to WMS (Possible Vote)

WMS Leadership

  11:50 a.m.

• NPRR981, Day-Ahead Market Price Correction Process (WMWG)

• NPRR1058, Resource Offer Modernization for Real-Time Co-Optimization (WMWG)

• NPRR1067, Market Entry Qualifications, Continued Participation Requirements, and Credit Risk Assessment (MCWG)

• NPRR1070, Planning Criteria for GTC Exit Solutions

• NPRR1084, Improvements to Reporting of Resource Outages and Derates (WMWG)

• NPRR1088, Applying Forward Adjustment Factors to Forward Market Positions and Un-applying Forward Adjustment Factors to Prior Market Positions (MCWG)

• NPRR1092, Remove RUC Offer Floor

• NPRR1096, Require Sustained Six Hour Capability for ECRS and Non-Spin (WMWG)

• NPRR1100, Emergency Switching Solutions for Energy Storage Resources (MWG) (WMWG)

• NPRR1108, ERCOT Shall Approve or Deny All Resource Outage Requests – Urgent (WMWG)

• OBDRR026, Change Shadow Price Caps to Curves and Remove Shift Factor Threshold

• NOGRR215, Limit Use of Remedial Action Schemes (Possible Vote)

9.

WMS Revision Requests Tabled at WMS (Possible Vote)

WMS Leadership

 12:00 p.m.

• VCMRR031, Clarification Related to Variable Costs in Fuel Adders (RCWG)

10.

ERCOT Operations and Market Items

 12:00 p.m.

• Securitization Subchapter N Implementation NPRR

Mark Ruane

• Discussion on implementation of Phase 1 per December 6, 2021  PUCT Memo on Project No. 52373, Review of Wholesale Electric Market Design

Kenan Ögelman

11.

Combo Ballot (Vote)

WMS Leadership

 12:25 p.m.

12.

Other Business         

WMS Leadership

 12:30 p.m.  

• Reliability Must Run (RMR) of substation equipment

• 2022 WMS Goals
  

• 2022 Working Group Leadership 
  

• Review Open Action Items

• No Report

• • Congestion Management Working Group (CMWG)

• • Demand Side Working Group (DSWG)

• • Market Credit Working Group (MCWG)

• • Market Settlement Working Group (MSWG)  

• • Meter Working Group (MWG) 

• • Resource Cost Working Group (RCWG)

• • Supply Analysis Working Group (SAWG)

Adjourn

 WMS Leadership

 12:50 p.m.