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Published byLucy Underwood Modified over 9 years ago
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Market Notices – Current State Ted Hailu Communications and Settlements Working Group (CSWG) ERCOT Public July 28, 2014
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ERCOT Public Market Notices – Current State Definition: Market Notice A notice required by the Protocols or any Other Binding Document, or at ERCOT’s discretion, regarding market-relevant information that shall be communicated through ERCOT publicly-subscribed electronic distribution channels. Notice or Notification The sending of information by an entity as called for in these protocols. Attention Everyone !! ERCOT wants you to know…
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ERCOT Public Market Notices – Current State Various routes for notices:
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Market Notices – Current State What triggers a market notice? Required by Protocols and Other binding documents –Protocols and OBDs define content ERCOT shall issue a Market Notice when …….. ERCOT shall provide notice to all Market Participants …. ERCOT shall inform market participants of …… –COPMG – Appendix A – Market Notice Process Service Level Agreement (Outages / Processing Impacts) Format of market notice content Audience - E-mail notification subscription lists Other triggers –Market Events, System Changes, Training, Informational, Surveys, RFIs –Etc… ERCOT Public
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Market Notices – Current State Audience Registered Market Participant contacts –Authorized Representatives –Accounts Payable –Credit –User Security Administrators (USA) –Etc.. Publically subscribed e-mail distribution lists ERCOT Public Bulletins Contracts CRR General Grid Conditions Legal Operations PRR / SCR Extracts - Retail Release - Retail CRR Retail Processing Testing - Retail Settlements Training Extracts - Wholesale Release - Wholesale
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Market Notices – Current State Some statistics on market notices Approximately 2,000 market notices since Nov 2010 (Nodal Market Open) Average of 2 per day Market Notices by type ERCOT Public
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Market Notices – Current State Room for improvement – Where do we go from here?? Audience –Review public e-mail distribution lists –Authorized Representatives –Market Notices vs Stakeholder Communication Volume –Possible reductions –Other notification methods Timeliness –Automated messages Delivery Routes –E-mail, MIS, Web-Site, RSS etc.. –Push vs Pull –Archiving of market notices Feedback –Assess satisfaction / survey ERCOT Public
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Questions ERCOT Public Market Notices – Current State
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