Board of Directors Meeting

    August 08, 2017
    09:00 AM
    ERCOT Austin Room 206
    7620 Metro Center Dr.
    Austin, TX 78744

    Agenda

    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) and System Change Request (SCR) Recommended by Technical Advisory Committee (TAC) for Approval

    Vote

    --

     
    2.1.1

    NPRR822, Designate Resource Node Procedure an Other Binding Document and Adjust the Process for Retiring Resource Nodes

    Vote

    --

     
    2.1.2

    NPRR833, Modify PTP Obligation Bid Clearing Change – Urgent

    Vote

    --

     
    2.1.3

    SCR792, Enhance Communications of BAAL Exceedances

    Vote

    --

           

    3.

    June 13, 2017 General Session Meeting Minutes

    Vote

    Chair

    4.

    Chief Executive Officer (CEO) Presentation

    Discussion

    Bill Magness

     
    4.1

    CEO Update

    Discussion

    --

     
    4.2

    Operations Report

    Discussion

    --

     
    4.3

    Recruiting Update

    Discussion

    Michelle Hoskins

     
    4.4

    Summer Interns Presentation

    Discussion

    Interns

     
    4.5

    Natural Gas Presentation

    Discussion

    --

     
    4.5.1

    The State of Natural Gas in Texas

    Discussion

    Hon. Todd Staples, Pres, TxOGA

           
     
    4.5.2

    Grid Impacts of Natural Gas Price

    Discussion

    Warren Lasher

    5.

    Independent Market Monitor (IMM) Report

    Discussion

    IMM

     

    Break

    --

    --

    6.

    TAC Report

    Discussion

    TAC Chair

    7.

    Market Continuity Guiding Principles

    Discussion

    Mark Ruane

    8.

    Finance and Audit (F&A) Committee Report

    Discussion

    F&A Chair

     
    8.1

    Acceptance of ERCOT’s 401(k) Savings Plan Audit Report

    Vote

    --

    9.

    Human Resources and Governance (HR&G) Committee Report

    Discussion

    HR&G Chair

     
    9.1

    Ethics Agreements Forms for ERCOT Employees, Directors and Segment Alternates

    Vote

    --

     
    9.2

    2018 Board Meeting and Annual Meeting Schedule

    Vote

    --

    10.

    Nominating Committee Report

    Discussion

    Nominating Chair

    11.

    Notice of Upcoming Segment Meetings

    Discussion

    Bill Magness

    12.

    Other Business

    Discussion

    Chair

     

    Break

     

     

     

    Convene Executive Session

    --

    --

     

    June 13, 2017 Executive Session Meeting Minutes

    Vote

    Chair

     

    Risk Management Matters

    Discussion

    Chad V. Seely

     

    Security Update

    Discussion

    Staff

     

    Compliance Update

    Discussion

    Staff

     

    Contract Matters

    Discussion

    Staff

     

    Selection of ERCOT 401(k) Savings Plan Auditor

    Discussion

    F&A Chair

     

    Personnel

    Discussion

    HR&G Chair

     

    Litigation and Regulatory Matters

    Discussion

    Chad V. Seely

     

    Reconvene General Session

    --

    --

    13.

    Vote on Matters from Executive Session

    Vote

    Chair

    14.

    Adjournment

    --

    Chair

           
           

    * The conclusion time shown on the Agenda is approximate. The meeting may conclude earlier or later than the noted time. Matters may also be taken out of Agenda order.

    The next regularly-scheduled Board Meeting is expected to be held on October 17, 2017 at
    7620 Metro Center Drive, Austin, Texas.

     

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    Scheduled Board of Directors Meetings