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