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RCWG & WMWG Joint Workshop on Reliability Unit Commitment (RUC) and Verifiable Costs

August 14, 2023
09:30 AM
ERCOT Austin
8000 Metropolis (Building E), Suite 100
Austin, TX 78744
Rooms A, B and C
Teleconference: 877-668-4493
Meeting number: 2554 002 4694
Meeting password: dGEePM

Agenda

1.

Antitrust Admonition

Ino Gonzalez/

John Ritch

9:30 AM

2.

Reliability Unit Commitment (RUC)




  • RUC – Introductory comments and context for current discussion

John Ritch

9:35 AM


  • When, why, how does ERCOT use RUC

ERCOT Staff

9:50 AM


  • What about the current RUC process is/isn’t working from ERCOT’s perspective




  • Existing plans to reduce RUC




    • DRRS




    • Other




  • Review economics and other RUC data

Carrie Bivens

10:10 AM


  • Self-commitment decision factors

David Detelich

10:30 AM

3.

Open discussion focused on impact and consequences of RUC (good and bad)

Ino Gonzalez/

John Ritch

10:40 AM


LUNCH


11:40 AM

4.

Verifiable Costs (VC)


12:40 PM


  • What isn’t or hasn’t been working and why

Ino Gonzalez



  • Recent changes to VC and expected impact

Ino Gonzalez


5.

Open discussion focused VC (good and bad)

Ino Gonzalez/

John Ritch

1:10 PM

6.

Potential incentives and changes to reduce RUC and improve VC process – general stakeholder discussion

Ino Gonzalez/

John Ritch



  • Shorter-term considerations


1:40 PM


    • Potential change to RUC clawback (see NPRR 1172)

Comments by Eric Goff



    • Improve RUC make-whole process




    • Permanent solution to Exceptional Fuel Costs




    • Potential changes to RUC commitment timeframes




    • Review minimum online reserve level (from IMM report)




    • Address alternatives to the use of RUC




    • Change forecast selection alternatives




  • Longer-term market incentives


3:10 PM


    • Potential DAM upgrades/changes




    • DAM and RTM energy offer restrictions/mitigation rules




  • Ongoing activities that impact RUC/VC not for workshop discussion




    • Bridge Solution




    • DRRS




    • Potential fuel contract language targeted discussion




  • Other topics/items for consideration



7.

Next steps 


3:55 PM


Adjourn


4:30 PM

Key Documents

Aug 11, 2023 - pptx - 81.2 KB
Aug 9, 2023 - pdf - 1.6 MB
Aug 14, 2023 - pdf - 422.3 KB
Sep 21, 2023 - xlsx - 12.4 KB

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