1.

Antitrust Admonition

9:30 a.m.

2.

Approval of the Draft March 16, 2005 Meeting Minutes (Vote)*

9:35 a.m.

3.

Reports

1. ERCOT Board Meeting and TAC Meeting Update
2. Congestion Management Working Group
3. Demand-Side Response Working Group
   • Working group charter (Vote)*
4. QSE Project Managers Working Group
   • Ancillary Service procurement in the adjustment period
   • Bid stack depletion issues
   • Resource plan metrics

B. Helton

J. Ward
E. Echols

L. Gurley

9:40 a.m.

4.

Dr. Patton Recommendations Update

B. Helton

10:15 a.m.

5.

Shadow Price Cap/Shift Factor Average

• Revisions to Penalty Factors

B. Whittle

10:30 a.m.

6.

Market Operations issues:

• Price calculation in zero deployment zones
• April 11th high MCPE event

J. Mickey

11:00 a.m.

7.

PRR 586 - SCE Performance and Regulation Cost Re-allocation

D. Jaussaud

11:30 a.m.

Lunch

Noon

8.

Generation Adequacy Taskforce Update

H. Durrwachter

1:00 p.m.

9.

WMS Recommendations for Pending Protocol Revision Requests
(Possible Vote)*

• PRR356 -- SCE Performance Requirement.
• PRR358 -- Negative Impact SCE
• PRR462 -- Market Solution Definition.
• PRR476 -- Ramp Rate Adherence during Local Congestion.
• PRR539 -- OOMC Claw Back Correction. 
• PRR541 -- Regulation Deployment Ramp Rate
• PRR553 -- Scheduling Trading Hubs.

B. Helton

1:30 p.m.

10.

Future WMS Meetings

• May 18, 2005
• June 22, 2005

B. Helton

2:30 p.m.