Antitrust Admonition

General Update

• Discussion of June 27 PUCT Open Meeting

Educational Presentation on option of Willing Buyer, Willing Seller in Day-Ahead Market

Review of Key Principles

KP1.3 – Offering and Awarding AS

• Subsection 1-3 Initial review of Constraint Formulation

KP1.4 – Systems that Input into the Real-Time Optimization

• Subsection 1 Review complete and consensus to go to TAC at June 21 meeting

• Subsection 2 Initial review of RLC Telemetry Changes

KP1.5 – Process for Deploying Ancillary Services

• Subsections 1-6 Consensus at June 21 meeting to take to TAC after four reviews with Siddiqi alternatives on 3 & 6

KP1.6 – Ancillary Service Imbalance Settlement with RTC

• Subsections 1-4 No further discussion of issues, but GSEC requested additional meeting review for July 12

KP3 – Reliability Unit Commitment

• Subsections 1-9 Planned discussion for third review with Siddiqi alternatives on 2 & 6

• Subsections 10, 11, 12 Initial review of Settlement

KP4 – The Supplemental Ancillary Service Market Process

• Consensus and ready for TAC

Discussion on New Topics

• Impact of AS Demand Curves

• Load Frequency Control (LFC) - Process for deploying RRS

• Removal of the existing process for QSEs to update telemetered AS schedules following manual deployment (specifically for Generation Resource and CLRs)

• Elimination of Non-Spin Offer Floor

• Continued ability of the Real-Time Co-optimization to be executed off-cycle (like SCED), between regularly scheduled 5-minute executions

• RTC failure process

Discussion on Next Meeting’s Items and Agenda

Adjourn