1. North American Energy Standards Board Activities and Work Group Update Market Issues Subcommittee August 9-10, 2010

2. NAESB Work Group Update ● Work Group Meetings:  June 8, 2010  July 13, 2010  August 26, 2010 ● NAESB Monthly Calls:  June 30, 2010  September 1, 2010  November 10, 2010 2

3. NAESB Key Meetings Update ● Board of Directors and Board Committee Updates:  Board Meeting – June 24, 2010  Next Board Meeting – September 22, 2010 ● Executive Committee Updates:  Executive Committee Meeting – July 7, 2010  Next EC Meeting – August 17, 2010 ● Committee and Subcommittee Meetings: http://www.naesb.org/weq/default.asp http://www.naesb.org/weq/default.asp 3

4. 4 NAESB Business Practice Standards Development Activity ● 2009 WEQ Annual Plan Items Wrap-Up:  Item 5.a.2 (R08004) and 5.i (R09011) Final Action – Multiple Annual Plan Items Affecting WEQ-011 Gas/Electric Coordination - Ratified July 15, 2010 (95% approval) ● 2010 Annual Plan Standards Development Activity: http://www.naesb.org/weq_request.asp  NAESB Smart Grid Task Force:  WEQ 6a / REQ 9a: Requirements Specifications for Common Electricity Product and Pricing Definition - NIST PAP03  WEQ 6b / REQ 9b: Requirements Specifications for Common Scheduling Mechanism for Energy Transactions - NIST PAP04  WEQ 6c: Requirements Specifications for Wholesale Standard DR Signals - NIST PAP09  WEQ 6d: Standardized Energy Usage Information - NIST PAP10  WEQ 2010 Annual Plan Item 1.a.i - Interim Solution for Parallel Flow Visualization – Comments due August 30, 2010.

5. 5 NAESB Business Practice Standards Development Activity ● Subcommittee Activity:  OASIS Subcommittee  Joint Electric Scheduling Subcommittee  Business Practices Subcommittee  DSM / EE Subcommittee  http://www.naesb.org/weq/default.asp http://www.naesb.org/weq/default.asp ● Other NAESB Activities