1.

• Introductions
• Review of Agenda
• Antitrust Statement

ANTITRUST GUIDELINES FOR MEMBERS OF ERCOT COMMITTEES, SUBCOMMITTEES AND WORKING GROUPS It is ERCOT’s policy and expectation that all persons participating in ERCOT activities (including all ERCOT meetings, committee meetings, conference calls, email communications and informal discussions) comply with the antitrust laws.  These Antitrust Guidelines are designed to assist members of and participants in ERCOT committees and working groups in recognizing conduct that may violate the antitrust laws.  ERCOT strictly prohibits market participants and their employees who are participating in ERCOT activities from using their participation in ERCOT activities as a forum for engaging in practices or communications that violate the antitrust laws.

 Disclaimer All presentations and materials submitted by Market Participants or any other Entity to ERCOT staff for this meeting are received and posted with the acknowledgement that the information will be considered public in accordance with the ERCOT Websites Content Management Operating Procedure.

Isabelle Durham

2:00 PM

2.

ERCOT System Instances (Outages and Failures) - review

ERCOT - Trey Felton

2:05 PM

3.

Review MarkeTrak performance

ERCOT - Trey Felton

2:30 PM

4.

2012 Goals

All

3:00 PM

5.

2012 Chair and Vice Chair Nominations

All

3:30 PM

6.

Additional ad hoc items

All

3:40 PM

7.

Update to RMS

Isabelle Durham

3:45 PM

Adjourn

4:00 PM

Future Meeting Dates:

• February 1, 2012   Face-to-Face  MET Center
• March 7, 2012       WebEx/ Conference Call