Open Meeting

T Nikazm/M Holler

9:00 a.m.

1

Antitrust Admonition

V Spells

9:00 - 9:05

2

Approval of minutes from March 28  (vote)

T Nikazm

9:05 - 9:10

3

Update from F&A meeting

T Nikazm

9:10 - 9:20

4

Recommendation for CWG Vice Chair (vote)

T Nikazm

9:20 - 9:30

5

Review of NPRRs for credit implications (vote)

V Spells

9:30 - 9:45

6

Review CWG Comments on NPRR 438: Additional Minimum Counter-Party Qualification Requirements, Including Risk Management Capability Requirements  (vote)

M Ruane

9:45 - 10:45

7

Review NPRR 458: Establishment of ERCOT’s Central Counterparty Role (vote)

C Seely

10:45 - 11:00

8

Review  Creditworthiness Standards (vote)

M Holler

11:00 - 11:45

 Lunch

 11:45 - 1:00 p.m. 

9

Review Day Ahead Market (DAM) Collateral Parameters Process (vote)                      (Consider impact of Credit Requirements in light of Power Balance Penalty Curve Modifications)

E Goff

  1:00 - 2:00

10

Impact of Credit Requirements in light of Power Balance Penalty Curve Modifications

E Goff

2:00 - 2:30

11

Review NPRR 347/400 Implementation timeline

S Pabbisetty

2:30 - 2:45

12

Update on CRR Rolling Auction discussions

S Cochran

2:45 - 2:55

13

New Business

T Nikazm/M Holler

2:55 - 3:15

Adjourn Meeting

T Nikazm/M Holler

3:15