Market Information System Grid and Market Conditions

News Release

August 28, 2008

ERCOT Management Outlines Changes to Nodal Program Schedule, Organization

CEO, program director confident of program success

Bob Kahn, president and CEO of the Electric Reliability Council of Texas, the grid operator for most of the state, told the ERCOT Board of Directors today that he was confident the nodal market redesign can be completed successfully.  

The revised nodal program schedule will be presented at the Sept. 8 meeting of the Transition Plan Task Force, the stakeholder group overseeing nodal protocol implementation, Kahn told board members.  The special board meeting was called in response to members’ concerns expressed at the August 20 meeting regarding the status of the nodal market redesign project.   

Nodal Executive Program Director Ron Hinsley outlined six changes in the program structure since May, including:

  • Development of an integrated schedule that will be used for measuring progress and focusing on activities that affect the critical path;
  • Reorganization of projects into core projects having accountability for all aspects of project delivery;
  • Rebuilding of the project management office with a structure and the skills needed to support a program of the size and complexities of the nodal program;
  • Creation of jointly-defined formal releases across nodal teams;
  • Addition of time for testing in the lower environments;
  • Improved vendor management procedures.  

Also included in Hinsley’s presentation were updates on work performed to date and work remaining. 

Kahn announced that most of Hinsley’s operational responsibilities as chief information officer have been moved to David Forfia, senior director of information technology services, so that Hinsley can dedicate his time to the completion of the nodal project.   

The board adjourned to executive session after 3 pm to discuss matters related to personnel, contracts, and litigation. 


Texas Nodal Market Implementation

Brochure - Understanding Nodal 

The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to more than 26 million Texas customers -- representing about 90 percent of the state’s electric load. As the independent system operator for the region, ERCOT schedules power on an electric grid that connects more than 46,500 miles of transmission lines and 710+ generation units. It also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for nearly 8 million premises in competitive choice areas.

ERCOT is a membership-based 501(c)(4) nonprofit corporation, governed by a board of directors and subject to oversight by the Public Utility Commission of Texas and the Texas Legislature. Its members include consumers, cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities, transmission and distribution providers and municipally owned electric utilities.