Board of Directors Meeting

June 12, 2018
09:00 AM
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 12, 2018; 9:00 a.m. to 2:45 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), Other Binding Document Revision Request (OBDRR), Planning Guide Revision Requests (PGRRs), and Verifiable Cost Manual Revision Request (VCMRR) Recommended by Technical Advisory Committee (TAC) for Approval

Vote

--

2.1.1

NPRR837, Regional Planning Group (RPG) Process Reform

Vote

--

2.1.2

NPRR847, Exceptional Fuel Cost Included in the Mitigated Offer Cap

Vote

--

2.1.3

NPRR851, Procedure for Managing Disconnections for Bidirectional Electrical Connections at Transmission Level Voltages

Vote

--

2.1.4

NPRR867, Revisions to CRR Auction Credit Lock Amount to Reduce Excess Collateral

Vote

--

2.1.5

NPRR870, Eliminate Requirement for Forward Adjustment Factors Report in the MIS Certified Area

Vote

--

2.1.6

OBDRR005, Change to the Generic Maximum Shadow Price for Base Case Transmission Constraints

Vote

--

2.1.7

PGRR059, Related to NPRR837, Regional Planning Group (RPG) Process Reform

Vote

--

2.1.8

PGRR060, Clarification of Reliability Performance Criteria

Vote

--

2.1.9

VCMRR021, Related to NPRR847, Exceptional Fuel Cost Included in the Mitigated Offer Cap – Urgent

Vote

--

3.

April 10, 2018 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

--

5

2018 Summer Outlook

Discussion

--

5.1

2018 Summer Weather Outlook

Discussion

Chris Coleman

5.2

2018 Summer Operations

Discussion

Dan Woodfin

5.3

2018 Summer Markets – Factors that Drive Pricing Outcomes

Discussion

Kenan Ögelman

5.4

2018 Credit Overview

Discussion

Mark Ruane

6.

Independent Market Monitor (IMM) Report

Discussion

IMM

 

Break

 

 

7.

Confirmation of TAC Chair for the Remainder of 2018

Vote

Chair

8.

TAC Report

Discussion

TAC Chair

9.

OBDRR004, Updates to Emergency Response Service Procurement Methodology

Vote

Mark Patterson

10.

Regional Planning Group Charter

Vote

Jeff Billo

11.

Far West Regional Planning Group Projects

Vote

Jeff Billo

12.

Rayburn Integration Study Update

Discussion

Jeff Billo

13.

Percentage of Real-Time Load Transacted in the DAM

Discussion

Kenan Ögelman

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

Proposed 2019 ERCOT Board Meeting and Annual Meeting Schedule

Discussion

--

15.2

Proposed Modifications to Form Employee Ethics and Confidentiality Agreement and Form Ethics Agreement for Directors and Segment Alternates

Vote

--

16.

Other Business

Discussion

Chair

 

Convene Executive Session

--

--

 

April 10, 2018 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 2017 Internal Revenue Service (IRS) Form 990

Discussion

Staff

 

Litigation and Regulatory Matters

Discussion

Chad V. Seely

 

Personnel

Discussion

Chair

 

Reconvene General Session

--

--

17.

Vote on Matters from Executive Session

Vote

Chair

18.

Adjournment

--

Chair

 

                                                   

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