ERCOT: August 30 last opportunity for January 2002 market participation

PEMBROKE, Mass., Aug. 16, 2001 — ERCOT has announced that the final round of market participant testing and certification, Flight 1001, will officially kick off on August 30th, 2001.

According to ERCOT representatives, any energy companies considering participating in the Texas competitive electricity market starting January 1, 2002 must either have successfully completed the current rounds of systems testing, or be prepared to enter into Flight 1001.

Representatives of each current and future market participant, including business, technical and testing contacts, are required to be present at a kickoff meeting to be held in Austin, TX. The meeting must be attended by representatives of all companies intending to participate, including competitive retailers, transmission and distribution companies, and any municipals that intend to opt-in to the market.

“Flight 1001 represents a real deadline for energy companies that have been sitting on the fence with Texas market entry, said Kim Wall, Director of Market Development for Energy Services Group, a provider of transaction management services for energy companies operating in ERCOT and across the country.

According to market operating requirements published by ERCOT, energy companies must implement and test a variety of systems employed for the exchange of customer data between ERCOT participants. “It appears that the companies that are prepared for this next round of testing will largely determine the success or failure of the Texas competitive market. We’ve seen other markets across the country experience significant growing pains because they’ve lacked the formal processes supporting the implementation of EDI systems”, continued Wall. “Considering the importance of Texas in the competitive landscape of the country, mandating that companies be certified before allowing them to service customers is a prudent step and one that should take us one step closer to a successful market.”

About Energy Services Group

Energy Services Group, with headquarters in Massachusetts, and offices in Texas, is the strategic source of Managed Transaction and Trading Partner Services tailored to meet the requirements of competitive natural gas and electricity markets. Utilizing eCommerce systems supported by experienced energy professionals, ESG enables distribution companies, energy suppliers and other energy companies to successfully operate in the nation’s rapidly evolving natural gas and electricity markets. ESG’s systems have been tested and certified by over 75 energy trading partners and provide access to over 50 million deregulated energy accounts.

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