1.

Antitrust Admonition 

E. Goff

9:30 a.m.

2.

Approval of Meeting Minutes (Vote)

• April 11, 2012 

E. Goff

9:35 a.m.

3.

ERCOT Technical Advisory Committee (TAC) and Public Utility Commission of Texas (PUCT) Updates 

E. Goff

9:40 a.m.

4.

TAC Assignments (Possible Vote)

• NPRR418, Reporting of Resource Forced Outages - QMWG
• Criteria for Load Provided Capacity - DSWG/RCWG
• Reliability Unit Commitment (RUC) Settlement - QMWG
• Emergency Response Service (ERS) Qualified Scheduling Entity (QSE) Performance Measurement and Compliance - DSWG and QMWG
• Day-Ahead Market (DAM) and Real-Time Market (RTM) Price Finalization and Correction Timing and Procedures - RCWG
• NPRR449, Reduce Maximum CRR Transaction Limit in Auctions - Review Process and Timelines Associated with Setting Transaction Limits for Future CRR Auctions NPRR456, Clarification of Definition of Electrically Similar Settlement Points and Heuristic Pricing Posting - CMWG
• Other TAC Assignments 

E. Goff

9:50 a.m.

5.

ERCOT Operations and Market Items:

• Implementation of NPRR351, SCED Look-Ahead Step 1: Pricing: Calculate Non-Binding Prices and Base Points for Initial Research into SCED Look-Ahead and allow Consumers to have a Forward Price Projection
• 30-Minute ERS Pilot Project - ERCOT Presentation
• Overview of current Seasonal Assessment of Resource Adequacy (SARA)
• • Synchronization with Long Term 36 Month Forecast

J. Robinson

M. Patterson 

W. Lasher

10:15 a.m.

6.

NPRR385, Security Violation Analysis and Reporting and Negative Price Floor - (Possible Vote)  

E. Goff

10:45 a.m.

7.

NPRR425, Creation of a Wind Resource Group for GREDP and Base Point Deviation Evaluation - (Possible Vote) 

E. Goff

11:00 a.m.

8.

NPRR429, HASL Offset Provision - (Possible Vote) 

E. Goff

11:15 a.m.

9.

NPRR438, Additional Minimum Counter-Party Qualification Requirements, Including Risk Management Capability Requirements - (Possible Vote) 

E. Goff

11:30 a.m.

10.

NPRR458, Establishment of ERCOT’s Central Counterparty Role - (Possible Vote)

E. Goff

11:45 a.m.

Lunch

12:00 p.m.

11.

NPRR459, Better Matching Forward Collateralization with Forward Risk in the Real-Time Market - (Possible Vote) 

E. Goff

1:00 p.m.

12.

NPRR460, Modify Wind Generation Resource Ramp Rate Limit - (Possible Vote) 

E. Goff

1:15 p.m.

13.

DRAFT NPRR, Increased Liquidity and Flexibility in CRR Auctions - (Possible Vote) 

E. Goff

1:30 p.m.

14.

NPRR461, Energy Storage Settlements consistent with PUCT Project 39917 - (Possible Vote) 

E. Goff

1:45 p.m.

15.

PGRR018, Clarify the Prerequisites for Adding a New Generation Resource to the Planning Models and Capacity Demand and Reserves Report - (Possible Vote) 

E. Goff

2:00 p.m.

16.

Generation Adequacy Task Force (GATF)

• Status of the current Loss of Load Probability (LOLP) study
• Status of next Capacity, Demand, and Reserves (CDR) Report 
• Discuss synchronization of GATF and Planning Working Group (PLWG) activities  

A. Pieniazek

2:15 p.m.

17.

Resource Cost Working Group (RCWG)

• RCWG Vice Chair (Vote)
• NPRR432, Deployment of Resources to Alleviate Anticipated Emergency Conditions
  • Draft NPRR on Clawback of Capital Contributions  (Possible Vote)
• Operational and Settlement Changes for RMR Resources (Possible Vote)
• DAM and RTM Price Correction Timing - Update
• Over-Mitigation in SCED for Quick-Start Generation Resources (QSGRs)

J. Bevill

2:45 p.m.

18.

Congestion Management Working Group (CMWG)

• General Update
• CRR Subgroup Report
• Constraint Competitiveness Tests (CCT) - Over-mitigation in SCED
• NPRR463, CRR Auction Structure Enhancements 

M. Wagner

3:00 p.m.

19.

Demand Side Working Group (DSWG)

• General Update
• ERS Load Portfolio Compliance
• Load Provided Capacity
• Price Responsive Load Settlement

T. Carter

3:15 p.m.

20.

Market Credit Working Group (MCWG)

• General Update
• Impact of Power Balance Penalty Curve Modifications on Credit Requirements
• NPRR347, Single Daily Settlement Invoice and Updates to Credit Calculations, including addition of a Minimum Collateral Exposure Component - Implementation Update
• NPRR400, Eliminate Unsecured Credit for CRR Auctions and for Future Credit Exposure and Eliminate Netting of FCE with CCE - Implementation Update

M. Holler

3:30 p.m.

21.

QSE Managers Working Group (QMWG)

• ERS QSE Performance Measurement and Compliance (ERS Generator)
• NPRR444, Supplemental Reliability Deployments - 0-LSL provision
• SCED Time Delay
• NPRR460, WGR Ramp Rate Limitations

S. Looney

3:45 p.m.

22.

Other Business

• Market Transparency of DC Tie Outages 

E. Goff

4:00 p.m.

Emerging Technology Working Group (ETWG) - No Update 

M. Bruce

Metering Working Group (MWG) - No Update 

D. DiSanto

Reliability Deployments Task Force (RDTF) - No Update 

R. Comstock

Adjourn

4:00 p.m.