Board of Directors Meeting

February 12, 2019
09:00 AM
ERCOT Austin Room 206
7620 Metro Center Dr.
Austin, TX 78744

Agenda

Item

Topic

Topic Type

Presenter

1.

Call General Session to Order

--

Chair

2.

Election of Board Chair and Board Vice Chair

Vote

Bill Magness

3.

Announce Proxies and Segment Alternates

--

Chair

4.

Committee Member Preferences and Assignments

Discussion

Chair

5.

Confirmation of Technical Advisory Committee (TAC) Chair and Vice Chair for 2019

Vote

Chair

6.

Consent Agenda

Vote

Chair

 
6.1

Unopposed Revision Requests Recommended by Technical Advisory Committee (TAC) for Approval

Vote

--

 
6.1.1

NPRR850, Market Suspension and Restart

Vote

--

 
6.1.2

NPRR871, Customer or Resource Entity Funded Transmission Projects Review Process

Vote

--

 
6.1.3

NPRR886, Agreements Between ERCOT and Other Control Area Operators

Vote

--

 
6.1.4

NPRR905, CRR Balancing Account Resettlement

Vote

--

 
6.1.5

NPRR907, Revise Definition of M1a to Reflect Actual Calendar Days

Vote

--

 
6.1.6

NPRR910, Clarify Treatment of RUC Resource that has a Day-Ahead Market Three-Part Supply Award

Vote

--

 
6.1.7

NPRR911, Improved Calculation of Real-Time LMPs at Logical Resource Nodes for On-Line Combined Cycle Generation Resources

Vote

--

 
6.1.8

NPRR915, Define Limited Duration Resource and Clarify Telemetered Resource Status Requirements – URGENT

Vote

--

 
6.1.9

OBDRR010, Related to NPRR910, Clarify Treatment of RUC Resource that has a Day-Ahead Market Three-Part Supply Award

Vote

--

 
6.1.10

OBDRR011, ORDC OBD Revisions for PUCT Project 48551

Vote

--

7.

December 11, 2018 General Session Meeting Minutes

Vote

Chair

8.

Chief Executive Officer (CEO) Presentation

Discussion

Bill Magness

 
8.1

CEO Update

Discussion

--

 
8.2

Operations Report

Discussion

--

 
8.3

2019 Major Projects Update

Discussion

Mandy Bauld

9.

2018 Transmission Planning Report

Discussion

Jeff Billo

10.

Overview of Operational Forecasting

Discussion

--

 
10.1

Load Forecasting Overview

Discussion

Calvin Opheim

 
10.2

Wind and Solar Forecast Methodologies

Discussion

Sandip Sharma

11.

Independent Market Monitor (IMM) Report

Discussion

IMM

12.

Break

--

--

13.

TAC Report

Discussion

TAC Chair

 
13.1

Non-Unanimous Revision Request Recommended by TAC for Approval

Vote

--

 
13.1.1

NPRR863, Creation of ERCOT Contingency Reserve Service and Revisions to Responsive Reserve

Vote

--

14.

Overview of Revisions to SPP and MISO Coordination Plans

Discussion

Nathan Bigbee

15.

Finance and Audit (F&A) Committee Report

Discussion

F&A Chair

 
15.1

F&A Committee Charter

Vote

--

 
15.2

Market Credit Risk Corporate Standard

Vote

--

 
15.3

Financial Corporate Standard

Vote

--

 
15.4

Investment Corporate Standard

Vote

--

16.

Human Resources and Governance (HR&G) Committee Report

Discussion

HR&G Chair

 
16.1

HR&G Committee Charter

Vote

--

 
16.2

Election of Chief Executive Officer and Ratification of Officers

Vote

--

 
16.3

Proposed 2020 ERCOT Board Meeting and Annual Meeting Schedule

Discussion

Chair

17.

Nominating Committee Report

Discussion

Nominating Chair

18.

2018 Internal Revenue Service Form 990 Questionnaire

Discussion

Sean Taylor

19.

Other Business

Discussion

Chair

 

Convene Executive Session

--

--

 

December 11, 2018 Executive Session Meeting Minutes

Vote

Chair

 

Risk Management Matters

Discussion

Staff

 

Security Update

Discussion

Staff

 

Compliance Update

Discussion

Staff

 

Contract Matters

Discussion

Staff

 

Personnel

Discussion

Diane Williams

 

Litigation and Regulatory Matters

Discussion

Chad V. Seely

 

Reconvene General Session

--

--

20.

Vote on Matters from Executive Session

Vote

Chair

21.

Adjournment

--

Chair

 

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