1.

Antitrust Admonition

2.

Election of 2005 WMS Chair and Vice Chair (Vote)*

2.

Approval of the November 18, 2004 and December 3, 2004 Special Meeting Minutes (Vote)*

3.

Reports

1. ERCOT Board/TAC
2. Congestion Management Working Group
   • 2005 Working Group Chair/Vice Chair Approval (Vote)
3. Demand-Side Response Working Group
   • 2005 Working Group Chair/Vice Chair Approval (Vote)
4. QSE Project Managers Working Group
   • PRR 541 --Regulation Deployment Ramp Rate Update
   • 2005 Working Group Chair/Vice Chair Approval (Vote)

2005 WMS Chair
J. Ward


E. Echols


L. Gurley

4.

Relationship between Mismatches and BENA*

I. Gonzalez

5.

Study Methodology and Plan for Shadow Price Analysis

L. Johnson

6.

Discussion of Dec. 2/3 NE Congestion Activities

B. Garza

7.

Discussion on Dr. Patton’s recommendations and WMS actions

2005 WMS Chair

8.

Impacts of the PUC Settlement of the Tenaska/Republic Settlement

B. Belk

9.

Future WMS Meetings

• February 16, 2005
• March 16, 2005

2005 WMS Chair