1. Commercial Operations Sub-Committee Update to RMS
December 10, 2008

2. Highlights of Dec. 8th COPS Meeting
Lee Starr via phone, provided COPS an update regarding the December 4th TAC meeting:
COPS presentation to TAC filed with TAC meeting materials
TAC approved all PRS recommended PRRs & NPRRs
Main topic of discussion was the Nodal Schedule Update
New Implementation date December 2010
New Budget is $660 Million
Some discussion by Market Participants suggesting market “go live” with less functionally much sooner and not delay until Dec
Kyle Patrick reviewed the RMS report to TAC noting the RMS presentation is available with the Dec. 4th TAC meeting materials.

3. CCWG Continues developing nodal Sections in the COPMG:
Reviewed draft of new Section 12, Renewable Energy Credits. (Section has been sent to Market Rules for review)
2008 Market Participant Survey (Website satisfaction)
Developed a list of recommended improvements for the “ERCOT.com” website to assist ERCOT in understanding website satisfaction survey results
CCWG will finalize the list of website recommendations at their December meeting
Website Improvement Recommendations listed with COPS materials (pages 2 & 3 of report)

4. DEWG / SDAWG Normal report on ERCOT issues:
Slight decline in number of issues, most recently centered around Lodestar Upgrade, though no major issues.
Followed up on the ERCOT stabilization efforts:
Identified projects to watch for in 2009 that address common flaws in the current systems around reports and extracts that need to be maintained until Nodal replacement is implemented.
Worked with ERCOT to resolve EILS Settlement Issue:
PRR786, submitted to target ERCOT to use the most recent Load Ratio Share (Final Settlement Version) and so a resettlement using the most current load (True-up Settlement Version)
Following discussion and review, COPS voted unanimously to recommend support of PRR786 with changes suggested to PRS.

5. Updated PWG 2008 Goals Ranked by Target Date

6. Active Projects
18b. Distributive Generation load profiling implementation issues A. Pending AMR Rule, AMIT and DGTF B. LPGRR being drafted C. LPGRR031 Profile Decision Tree Changes for DRG Approved on 11/17/08 and Effective 1/01/09
Annual Validation A. On schedule
17. Advanced Metering Implementation LPG changes if needed A. Pending AMR Rule, AMIT and DGTF B. Filed LPGRR032 Decision Tree Changes for Advanced Meters C. Discussed Pros & Cons to AMIT team use of “AMS” in the meter type code of the profile ID assignment.
D. IA for LPGRR032 to be reviewed at Dec. PWG meeting
Presented PWG Goals to COPS – All goals to be reviewed at Jan 09 COPS Meeting.

7. Hope Parrish provided COPS the following Updates:
MO Projects Financial Overview
Identified 2008 project Prioritization – PUCT, Market & ERCOT MO projects – Listing activity above and below the “cut line”
Identified all projects committed to deliver in 2008 that were achieved
Reviewed MO 2009 PPL approved by PRS (Current carryover + projects deferred due to Nodal delay)
Nodal COMS Updates
Settlements & Billing, and Data Aggregation update
Registration and Disputes update
Credit Monitoring and Mgmt Update
COMS Remaining Software Release Schedule
Commercial Systems Extracts Update
Readiness Center Posting Location(s)

8. DEWG SDAWG Extracts & data delivery
Data presentation and reports (Whlse. & Retail)
Review requirements for data extracts and reports including:
Data Delivery
Data Accuracy
Timelines
Delivery Mechanisms
File Formats
Ensure COPS involvement in nodal financial settlement and data aggregation processes
Aid market transition to new financial settlements systems
Review Financial Settlement System & Data Aggregation System Design & Operations
Review as appropriate PRRs, NPRRs, & SCRs, to address financial settlement & data aggregation

9. Settlements and Extracts Working Group- (SEWG)
The settlements and Extracts Working Group (SEWG), reporting to the Commercial Operations Subcommittee (COPS), is intended to be:
Responsible for ensuring COPS involvement in data extracts, data delivery, data presentation, and reports for financial settlement and data aggregation system design and operations
Provide a forum to discuss issues addressing settlements, and
Reviewing details and requirements of data extracts and reports.
Extract and report issues that are not settlements related may be directed to an “Ad Hoc” or “Special Task Force” as determined by the COPS Chair. (i.e. Web Services or Training)

10. Questions ?