Electric Reliability Council of Texas (ERCOT)

ERCOT Board of Directors Meeting

November 14, 2006
10:00 AM - 5:00 PM
ERCOT Austin 206
7620 Metro Center Dr.
Austin, TX 78744
Agenda

1.                    

Call to Order

 

M. Armentrout

10:00 a.m.

2.                    

Consent Agenda Items (3, 9a [PRR673 & PRR675])

 

M. Armentrout

10:05 a.m.

3.                    

Approval of October 17, 2006 Minutes* (Vote)

 

M. Armentrout

10:10 a.m.

4.                    

CEO Report*

a.        October 2006 Bryan-College Station Load Shedding Event*

b.        2007 Ancillary Services Requirements* (Vote)

c.        CREZ Study Update*

 

S. Jones

K. Saathoff

K. Saathoff

B. Bojorquez

10:15 a.m.

5.                    

Operating Reports (Information Only)

a.         Financial Summary Report*

b.         Market Operations Report*

           (1)  RPRS Project Update*

c.         IT Report*

d.         Compliance Report*

e.         Critical Infrastructure Protection Advisory Group*

 

 

S. Byone

R. Giuliani

R. Gruber

R. Hinsley

L. Grimm

J. Brenton

10:45 a.m.

6.                    

Nodal Status Report & Budget Acceptance*

 

R. Hinsley/T. Pare

11:00 a.m.

7.                    

Finance & Audit Committee Report

a.       2007 Strategic Financial Plan & Budget* (Vote)

b.       Financial Institution Market Participants* (Vote)

c.       2005 Financial Statement Audit of 401(k) & MPP* (Vote)

d.       Financial & Investment Standard Updates* (Vote)

e.       Credit Update & Next Steps*

 

C. Karnei

S. Byone

S. Byone

S. Byone

C. Karnei

C. Yager

12:00 p.m.

8.                    

LUNCH

 

 

1:00 p.m.

9.                    

TAC Report

a.       Protocol Revision Requests (PRR673, PRR675 & PRR682)* (Vote)

b.       Closely Related Elements* (Vote)

 

R. Comstock

1:45 p.m.

10.                

PRR692 Appeal*

 

V. Priestley

2:30 p.m.

11.                

H.R. & Governance Committee Report

a.       Texas RE Delegation Agreement & Bylaws Changes* (Vote)

 

B. Kahn

2:40 p.m.

12.                

Other Business

 

M. Armentrout

3:00 p.m.

13.                

Future Agenda Items*

 

M. Armentrout

3:05 p.m.

14.                

Executive Session

a.        Approval of October 17, 2006 Minutes* (Vote)**

b.        Contracts* (Vote)**

c.        Personnel

d.        Litigation* (Vote)**

 

M. Armentrout

3:10 p.m.

15.                

Open Session Vote [14a, 14b(1), 14b(2), 14b(3), 14b(4), 14b(5), 14b(6), 14d(1), 14d(2), 14d(3)]

 

M. Armentrout

4:10 p.m.

16.                

Adjourn

M. Armentrout

4:30 p.m.

Additional Information

*Background material enclosed or will be distributed prior to meeting.

**No votes will be taken in Executive Session.  Board will reconvene in public session for vote.

Key Documents


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