ERCOT MARKET EDUCATIONBasic Training Program

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Housekeeping

• Restrooms

• Refreshments

• Attendance sheet

• Questions

• MicrophonesPlease turn off cell phones & other

electronics

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• Market Participants

• ERCOT Staff

• Anyone interested in the details of the ERCOT Wholesale Market

This course is designed for:

Course Audience

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Course Objective

• Upon completion of this course you will be able to identify the basic requirements needed to conduct business in the ERCOT Wholesale market.

• Specifically you will be able to identify the timelines, purposes, inputs, and outputs for each major component of the ERCOT Wholesale market.

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This presentation provides a general overview of the Texas Nodal Market Implementation and is not intended to be a substitute for the ERCOT Nodal Protocols, as amended from time to time. If any conflict exists between this presentation and the ERCOT Nodal Protocols, the ERCOT Nodal Protocols shall control in all respects.

For more information, please visit:

http://www.ercot.com/mktrules/nprotocols/

Protocol Disclaimer

Legal Disclaimers and Admonitions

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Module 1 – Course Introduction

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Module 2 – Fundamentals of the Nodal Market

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Module 3 – Day-Ahead Market

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Module 4 – Transmission Security Analysis & RUC

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Module 5 – Adjustment Period

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Module 6 – Operating Period

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Module 7 – Abnormal Emergency Operations

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• Name

• Company for which you work

Market Entity QSE TSP ERCOT Other

• Experience in the industry

Please let us know your:

Introductions

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Let’s get started!