Board of Directors Meeting

    June 14, 2016
    09:00 AM - 03:30 PM
    ERCOT Austin Room 206
    7620 Metro Center Dr.
    Austin, TX 78744

    Agenda

                                                                           Board of Directors Meeting

                                                  Room 206; 7620 Metro Center Drive, Austin, Texas

                                                              June 14, 2016; 9:00 a.m. to 3:30 p.m.*

    Item

    Topic

    Topic Type

    Presenter

    1.

    Call General Session to Order, Announce Proxies and Segment Alternates

    --

    Chair

    2.

    Consent Agenda

    Vote

    Chair

    2.1

    Unopposed Nodal Protocol Revision Requests (NPRRs), System Change Requests (SCRs) and Nodal Operating Guide Revision Request (NOGRR) Recommended by Technical Advisory Committee (TAC) for Approval

    Vote

    --

    2.1.1

    NPRR709, Revisions to Alternative Dispute Resolution Procedure

    Vote

    --

    2.1.2

    NPRR752, Clarification of Revision Request Process

    Vote

    --

    2.1.3

    NPRR754, Revise Load Distribution Factors Report Posting Frequency

    Vote

    --

    2.1.4

    NPRR758, Improved Transparency for Outages Potentially Having a High Economic Impact

    Vote

    --

    2.1.5

    NPRR761, As-Built Clarification to NPRR515, Day-Ahead Market Self-Commitment of Generation Resources

    Vote

    --

    2.1.6

    NPRR762, Removal of Language Related to Responsive Reserve Provided by DC Ties

    Vote

    --

    2.1.7

    NPRR763, As-Built Clarification to NPRR553, Monthly BLT Payment and Charge for Presidio Exception

    Vote

    --

    2.1.8

    NPRR764, QSE Capacity Short Calculations Based on an 80% Probability of Exceedance (P80)

    Vote

    --

    2.1.9

    NPRR765, Remove Vendor Names for Fuel Indices from the Protocols

    Vote

    --

    2.1.10

    NPRR766, Alignment of System-Wide Discount Factor Description with Operational Adjustments to RDF – Urgent

    Vote

    --

    2.1.11

    SCR788, Addition of Integral ACE Feedback to GTBD Calculation

    Vote

    --

    2.1.12

    SCR790, Wind Resource Power Production and Forecast Transparency

    Vote

    --

    2.1.13

    Parking Deck NOGRR050, Resolution of Reporting Issues Related to NPRR219

    Vote

    --

    2.2

    Other Binding Document, Methodology for Implementing Operating Reserve Demand Curve (ORDC) to Calculate Real-Time Reserve Price Adder

    Vote

    --

    3.

    April 19, 2016 General Session Meeting Minutes

    Vote

    Chair

    4.

    Chief Executive Officer (CEO) Presentation

    Discussion

    Bill Magness

    4.1

    CEO Update

    Discussion

    --

    4.2

    Financial Summary

    Discussion

    --

    4.3

    Operations Report

    Discussion

    --

    5.

    2016 Summer Overview

    Discussion

    --

    5.1

    2016 Summer Operations

    Discussion

    Dan Woodfin

    5.2

    2016 Summer Weather Outlook

    Discussion

    Chris Coleman

    6.

    The Texas Economy

    Discussion

    Mine Yucel, Federal Reserve Bank of Dallas

    7.

    Independent Market Monitor (IMM) Report

    Discussion

    IMM

    8.

    Approval of Standard Form Reliability Must-Run (RMR) Agreement Between NRG Texas Power LLC and ERCOT for RMR Unit Greens Bayou Unit 5

    Vote

    Warren Lasher / Chad Seely

    9.

    TAC Report

    Discussion

    TAC Chair

    10.

    2016 Methodology for Determining Minimum Ancillary Service Requirements

    Vote

    Sandip Sharma

    11.

    Hidalgo-Starr Regional Planning Group (RPG) Project

    Vote

    Gnanaprabhu Gnanam

    12.

    Valley Import RPG Project

    Vote

    Warren Lasher

    13.

    Integration of Lubbock Power and Light into the ERCOT Region

    Discussion

    Warren Lasher

    14.

    Finance and Audit (F&A) Committee Report

    Discussion

    F&A Chair

    15.

    Human Resources and Governance (HR&G) Committee Report

    Discussion

    HR&G Chair

    15.1

    Ratification of Officer

    Vote

    --

    15.2

    Proposed 2017 ERCOT Board Meeting and Annual Meeting Schedule

    Discussion

    --

    16.

    Other Business

    Discussion

    Chair

     

    Convene Executive Session

    --

    --

     

    April 19, 2016 Executive Session Meeting Minutes

    Vote

    Chair

     

    Risk Management Matters

    Discussion

    Staff

     

    Security Update

    Discussion

    Staff

     

    Compliance Update

    Discussion

    Staff

     

    Contract Matters

    Discussion

    Staff

     

    Review Draft 2015 Internal Revenue Service (IRS) Form 990

    Discussion

    Michael Petterson

     

    Personnel

    Discussion

    Bill Magness

     

    Litigation and Regulatory Matters

    Discussion

    Chad Seely

     

    Reconvene General Session

    --

    --

    17.

    Vote on Matters from Executive Session

    Vote

    Chair

    18.

    Adjournment

    --

    Chair

     

        *All times shown in the Agenda are approximate, at best, and should not be relied upon for scheduling.

                                 Matters may be taken out of Agenda order or prior to their estimated time.

                                     The next regularly-scheduled Board Meeting is expected to be held on

                                             August 9, 2016 at 7620 Metro Center Drive, Austin, Texas.

     

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    Scheduled Board of Directors Meetings