Board of Directors Meeting


    July 19, 2011
    8:30 AM
    ERCOT Austin Room 206
    7620 Metro Center Dr.
    Austin, TX 78744

    Agenda

    Item

    Topic

    Topic Type

    Presenter

    Time
    Allocation in Minutes

    1.

    Call Open Session to Order and Announce Proxies

    --

    L. Doll

    5

    2.

    June 21, 2011 Meeting Minutes*

    Vote

    L. Doll

    5

    3.

    Chief Executive Officers (CEO) Update*

    Discussion

    T. Doggett

    20

    4.

    Operating Reports/Updates

    --

    --

    45

     

    a. Financial Summary Report*

    Discussion

    M. Petterson

    --

     

    b. External Affairs Update*

    Discussion

    T. Gage

    --

     

    c. Wholesale Market Operations Update*

    Discussion

    J. Dumas

    --

     

    d. Commercial Market Operations Report*

    Discussion

    D. Goodman

    --

     

    e. Grid Operations and Planning Report*

    Discussion

    K. Saathoff

    --

     

    f. Information Technology (IT) and Facilities Report*

    Discussion

    R. Morgan

    --

     

    g. Business Integration Update including Data Center Update*

    Discussion

    B. Day/

    D. Forfia

    --

    5.

    Proposed Price Correction related to Day-Ahead Market Settlement Points*

    Vote

    J. Dumas

    20

    6.

    Technical Advisory Committee (TAC) Update*

    Discussion

    B. Jones

    60

     

    a. Unanimous Revision Requests: Nodal Protocol Revision Requests (NPRRs); System Change Requests (SCRs); Planning Guide Revision Request (PGRR)*

    · NPRR314 - Requirement to Post Generation Resources Temporal Constraints
    · NPRR319 - Required Documentation to Recover Fuel Costs for Reliability Unit Commitment Deployments
    · NPRR324 - Conductor/Transformer Transmission Facility Rating
    · NPRR328 - Clarifies Duplicative or Vague Requirements Related to Reactive Resources (formerly Removes ERCOT Requirement for Reactive Resource Planning and the Associated Compliance Process)
    · NPRR332 - Revise Quick Start Generation Resource (QSGR) Processes for Current Operating Plan (COP) Reporting of QSGR Assigned Off-Line Non-Spinning Reserve (Non-Spin) and Application of Emergency Operations Settlement
    · NPRR333 - Removal of Redundant Reporting Requirement Related to Equipment Ratings
    · NPRR337 - Correct Section Reference in Section 1.3.1.1 Pertaining To Protected Information of Direct Current Ties
    · NPRR338 - Modifications to Support Revenue Neutrality
    · NPRR344 - Define Reliability Must Run Fuel Adder
    · NPRR346 - Removal of Redundant Posting Requirement Related to Electrical Bus Changes
    · NPRR376 - Congestion Revenue Right Volume Limitation Enhancements
    · NPRR387 - Hydro Responsive Reserves (RRS) Deployment Under Frequency Relay Set Point
    · Impact Assessment, NPRR258 - Synchronization with Protocol Revision Request (PRR) 824 and PRR833 and Additional Clarifications
    · SCR761 - Provide Price Republication Notifications via Application Programming Interface and Provide Price Corrections via Extensible Markup Language
    · SCR762 - Enable a Single Step Cancel/Resubmit of Trades
    · SCR763 - Modify COP Validation Rule for RRS
    · PGRR006 - New Planning Guide Section 6.5, Annual Load Data Request

    Vote

    --

    --

     

    b. Non-Unanimous Revision Request: NPRR*

    · NPRR312 - Clarification of Qualified Scheduling Entity Requirements for Split Generation Resources

    Vote

    --

    --

     

    c. Day Ahead Market Collateral Parameters Process*

    Vote

    --

    --

     

    d. Quarterly Emerging Technologies Integration Plan

    Discussion

    --

    --

    7.

    Texas Interconnection Long-Term Study Update*

    Discussion

    W. Lasher

    15

    8.

    Lunch

    --

    --

    60

    9.

    Finance & Audit (F&A) Committee Report

    Discussion

    C. Karnei

    15

     

    a. Standard Forms of Letter of Credit and Market Participant Guarantee Agreements*

    Vote

    --

    --

    10.

    H. R. & Governance Committee Report

    Discussion

    A. Dalton

    15

     

    a. Conflicts of Interest Corporate Standard*

    Vote

    --

    --

     

    b. Ratification of Officer*

    Vote

    --

    --

    11.

    Other Business

    Discussion

    L. Doll

    10

    12.

    Future Agenda Items*

    Discussion

    L. Doll

    10

     

    Convene to Executive Session

    --

    --

    60

    13.

    June 21, 2011 Executive Session Meeting Minutes*

    Vote

    L. Doll

    --

    14.

    Review of the Draft 2010 Form 990 Return*

    Discussion

    M. Petterson

    --

    15.

    Personnel

    Discussion

    Staff

    --

    16.

    Security Update

    Discussion

    A. Delenela

    --

    17.

    Compliance Update

    Discussion

    C. Manning

    --

    18.

    Risk Management Matters

    Discussion

    M. Ruane

    --

    19.

    Litigation and Regulatory Matters*

    Discussion

    B. Magness

    --

    20.

    Contract Matters*

    Discussion

    Staff

    --

     

    Reconvene to Open Session

    --

    --

    --

    21.

    Vote on Matters from Executive Session

    Vote

    L. Doll

    10

    22.

    Adjourn

    --

    L. Doll

    5

    Scheduled Board of Directors Meetings


    Additional Information

    *Background material enclosed or will be distributed prior to meeting.
    Watch the webcast of this meeting at: http://www.texasadmin.com/ercot.shtml.