Electric Reliability Council of Texas (ERCOT)

ERCOT Board of Directors

May 16, 2007
10:00 AM - 5:00 PM		 RSVP: Tisa Weston
ERCOT Austin Room 206
7620 Metro Center Dr.
Austin, TX 78744
Agenda
1. Call to Order M. Armentrout 10:00 a.m.
2. Consent Agenda Items [3, 14a (PRR706 & PRR708), 14c] M. Armentrout 10:03 a.m.
3. Approval of April 18, 2007 Minutes* (Vote) M. Armentrout 10:05 a.m.
4. Executive Session
  • Approval of April 18, 2007 Minutes* (Vote)**
  • Contract Matters* (Vote)**
  • Texas Regional Entity (TRE) Issues
  • Personnel
  • Litigation*
  • Insurance Update*
  • Other Business
 M. Armentrout 10:10 a.m.
5. Open Session Vote [4a, 4b(2)] M. Armentrout 11:30 a.m.
6. CEO Report*
  • Facilities Update*
  • EECP Final Report*
 S. Jones
D. Troxtell
K. Saathoff		 11:35 a.m.
7. Operating Reports (Q&A Only)
  • Financial Summary Report*
  • Market Operations Report*
  • IT Report*
  • Compliance Report*
  
S. Byone
R. Giuliani
R. Hinsley
L. Grimm		 12:05 p.m.
8. Nodal Project
  • Nodal Status Report*
  • External Review of Nodal Program PMO Control System*
  
J. Sullivan
D. Skillern		 12:15 p.m.
9. Lunch 12:45 p.m.
10. Retail Transaction Problem Escalation Process* R. Giuliani
R. Hinsley		 1:15 p.m.
11. TRE Status Update* S. Jones 1:45 p.m.
12. 2007 Long-Term Demand and Energy Forecast* B. Bojorquez 2:15 p.m.
13. PRR650 Effect on Prices* K. Saathoff 2:30 p.m.
14. TAC Report  
M. Dreyfus
CPS & PUCT
M. Dreyfus
M. Dreyfus		 2:45 p.m.
15. Finance & Audit Committee Report
  • 2008 Budget Schedule and Assumptions*
  • Acceptance of Benefit Plan Financial Audit* (Vote)
  • Authority for Additional Debt Financing* (Vote)
 C. Karnei
M. Petterson
C. Karnei
C. Karnei		 3:30 p.m.
16. H.R. & Governance Committee Report
    a. Texas Regional Entity* (Vote) (Includes: Amended and Restated Bylaws, Special Meeting of Corporate Members, Corporate Membership Vote, Delegation Agreement, Acting CCO, Authorization of Acting CCO to sign Delegation Agreement) b. H.R. & Governance Committee Charter* (Vote)
 C. Gallagher 4:00 p.m.
17. Other Business M. Armentrout 4:45 p.m.
18. Future Agenda Items* M. Armentrout 4:50 p.m.
19. Adjourn M. Armentrout 5:00 p.m.
Future Meetings
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