"After the Storm" Virtual Workshop Series on 10/19, 10/26 & 11/9

A Three-Part Virtual Workshop Series

The aftermath of Winter Storm Uri has challenged the fundamental conceptual design of the ERCOT market where we provide reliability through efficient markets. Elected officials and lawmakers have challenged and are relying on the Public Utility Commission, ERCOT and the stakeholder community to restore the public’s confidence in the reliable delivery of electric service through changes to the rules and protocols that govern ERCOT’s market and operations. In this workshop series, you will gain valuable insights into the current issues and challenges before the PUCT and ERCOT, including the ERCOT market redesign, priorities in operations, implementation of legislation, communications with the public as well as securitization issues.

Tue October 19, 2021 from 1-3 PM
Session 1: Proposed Changes to ERCOT Market Design

In addition to implementing the historic post-Uri legislation Senate Bill 3, the PUCT has embarked on an ERCOT market redesign project. The goal is to have a blueprint by the end of this year to address issues raised following Winter Storm Uri and particularly to have enough dispatchable resources available when needed.  As PUCT Chairman Peter Lake said at the recent GCPA Fall Conference, “We’re building an airplane while we’re flying the airplane.”  This panel of experienced market participants will discuss the potential changes in ERCOT market design and operations including ORDC, new ancillary services, changes to procurement and qualification of existing ancillary services, winterization, ERS and demand response.
Moderator:  Caitlin Smith, Sr. Director, Regulatory, Ext. Affairs & ESG, Jupiter Power

Eric Blakey
, Director, Regulatory and Legislative Affairs, Just Energy
Eric Goff, Owner, Eric Winters Goff, LLC

Bob Helton, Vice President, Government & Regulatory Affairs, ENGIE
Clif Lange, Manager of Wholesale Marketing/QSE, STEC

Tue October 26, 2021 from 1-3 PM
Session 2: The Plan Forward for the PUCT and ERCOT

At the PUCT and ERCOT, the plan forward from Winter Storm Uri involves an unprecedented number of meetings, workshops and proceedings to implement legislation as well as address continuing operations. Keeping up with all these activities is a high hurdle for any market participant. In this session, attendees will hear directly from leaders at the PUCT and ERCOT and will gain an overall strategic perspective on the current issues and challenges these leaders are facing. They will share details regarding the current regulatory agenda, priorities, rulemakings, projects and communication plans.   
Chris Schein
, Interim Vice President of Communications and External Affairs, ERCOT
David Smeltzer, Agency Counsel, Rules, PUCT
Dan Woodfin, Sr. Director, Systems Operations, ERCOT

Tue November 9, 2021 from 1-3 PM
Session 3: An Overview of Securitization

Due to sustained scarcity pricing during Winter Storm Uri, a number of financially distressed market participants were unable to meet their payment obligations to ERCOT, resulting in a $3 billion shortfall at ERCOT. In House Bill 4492, the Texas Legislature authorized ERCOT to establish a debt financing mechanism to finance up to $800 million in default balances as well as up to $2.1 billion to finance the high costs of ancillary services and reliability deployment price adders.  In this session, the panel will explore the related proceedings and the proposed settlement currently pending before the PUCT.  The speakers will discuss the mechanics of securitization, the allocation methodology for the Load Serving Entities, implications for the munis, coops and REPs who “opted out,” the impact to electricity customers, and the implications for the ERCOT market.
Moderator:  Thomas Brocato, Partner, Lloyd Gosselink

Bill Barnes, Director, Regulatory Affairs, NRG Energy
Jason Ryan, Sr. Vice President, Regulatory Services & Government Affairs, CenterPoint Energy
Cathy Webking, Partner, Scott Douglass & McConnico, LLP


Price includes access to recordings of each workshop
if you are not able to attend all three in the series

GCPA Members - $100
Govt. & State Agency Employees - $75

Non-Members - $150

A link allowing you to join will be sent to you before each of the three workshops.




When and Where

Tuesday October 19, 2021
1:00 PM

Virtual via Zoom