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  The new Texas Nodal market rules will require major changes in the way market participants calculate settlements. The impact of the market changes is already apparent, as the Texas Nodal Early Delivery Systems testing for the Real-Time and the Day-Ahead markets is well under way. Soon to follow will be the testing of the ERCOT processes that will settle these DA and RT markets, as well as CRRs.  
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  The Structure Group's Texas Nodal Settlement Calculations training course is a great opportunity to better understand the nodal settlement impacts and get a more detailed picture of the costs and benefits associated with doing business in the ERCOT market in the near future. The course provides a detailed overview of the settlement charge types and inputs for the Texas Nodal market, as well as in-depth scenarios illustrating how Texas Nodal will impact business behavior, including: all essential market design elements, analysis of impacts and opportunities, case studies and settlements examples.

During this training program, Structure's Settlements specialists will examine what you need to know about:
 
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Critical elements of the Texas Nodal market design
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Settlement impacts of key market elements
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Bidding and scheduling behavior effects on settlements
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Key changes to settle statements, invoices and data extracts
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Nodal settlement timelines
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Settlements department workload considerations
 
Settlement inputs, outputs and components
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Day-Ahead Market(DAM) charge types
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Reliability Unit Commitment (RUC) charges types
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DAM and RUC Make-Whole settlements
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Real-Time charge types
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CRR-related settlements
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Overview of current nodal implementation settlements activity
 
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  Structure's Market Solutions Group members are experienced energy-market professionals dedicated to tracking market changes, assessing impacts and preparing participants to excel under new paradigms.

Alan Hudson, nMarket Texas Product Manager, has more than 6 years of experience in the Texas energy industry, focusing on the design, development and implementation of shadow settlement and ISO communication software for the ERCOT market. For the past year, he has followed the Texas Nodal market redesign and has become well versed in the nodal market rules and their impact to ERCOT market participants. Robin Chang, nMarket Functional Specialist, has experience working with both the California MRTU and TX Nodal market changes, and is currently focused on Texas Nodal settlement designs and impacts.
 
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  Register Today!  
  Registration for the course is $1,200 and includes breakfast and lunch on both days. The registration deadline is Monday, March 10. Please make your reservation as early as possible so we can guarantee your spot. To register, click the button below to email your name, company and phone number by Monday, March 10:  
   
  RSVPs will be accepted after March 10 up to the day before the training course.  Once registered, you will receive a confirmation email.  

For additional questions regarding the program schedule, registration, and hotel recommendations, please call Liz Hodges at 832.553.1526 or email liz.hodges@thestructuregroup.com.
 
www.thestructuregroup.com