Electric Reliability Council of Texas (ERCOT)

Board of Directors Meeting

October 21, 2008
10:00 AM - 3:00 PM		 RSVP: Pam Jones
ERCOT Austin Room 206
7620 Metro Center Dr.
Austin, TX 78744
Agenda

Item

Topic

Presenter

Time

1.

Call to Order General Session

M. Armentrout

10:00 a.m.

2.

Consent Agenda: Items 3, 7a (NPRRs102, 113, 124, 129 and 144), 7b (PRRs765 and 769)* (Vote)

M. Armentrout

10:00 a.m.

3.

Approval of August 28, 2008; September 16, 2008; and September 23, 2008 Board Meeting Minutes* (Vote)

M. Armentrout

10:02 a.m.

4.

CEO Report

B. Kahn

10:05 a.m.

5.

Operating Reports

-

10:10 a.m.

 

a. Financial Summary Report and Investment Update*

S. Byone

 -

 

b. Market Operations Report*

B. Day

 -

 

c. IT Report*

D. Forfia

 -

 

d. Grid Operations Report*

K. Saathoff

 -

 

e. System Planning Report*

D. Woodfin

 -

6.

Nodal Update*

R. Hinsley

10:20 a.m.

7.

TAC Report

M. Dreyfus

10:40 a.m.

 

a. Nodal Protocol Revision Requests (See Consent Agenda)*

M. Dreyfus

 -

 

b. Protocol Revision Requests (See Consent Agenda)*

M. Dreyfus

 -

 

c. PRR 772 Attachment A - MOS Price Cap Description Document* (Vote)

P. Wattles

 -

 

d. ERCOT Proposed Ancillary Service Methodology* (Vote)

J. Dumas

 -

 

e. Consideration of 2009 CSCs, including AEP Appeal* (Vote)

B. Garza

 -

8.

Lunch

- 

12:00 p.m.

9.

Finance & Audit Committee Report

C. Karnei

1:00 p.m.

 

a. Finance & Audit Committee Charter Approval* (Vote)

-

 -

 

b. Market Participant Guarantee Agreements* (Vote)

-

 -

10.

Human Resources & Governance Committee Report

J. Newton

.1:15 p.m.

 

a. Human Resources & Governance Committee Charter Approval* (Vote)

-

 -

 

b. Board Policies and Procedures Revisions re Appeals* (Vote)

-

 -

11.

Special Nodal Program Committee Report

B. Helton

1:30 p.m.

 

a. Special Nodal Program Committee Charter Approval* (Vote)

-

 -

12.

Possible Reschedule of November 2008 Board Meeting Date

M. Armentrout

1:40 p.m.

13.

Other Business

M. Armentrout

1:45 p.m.

14.

Future Agenda Items*

M. Armentrout

1:50 p.m.

Convene to Executive Session

15.

Executive Session

M. Armentrout

1:55 p.m.

 

a. Approval of August 19, 2008; August 28, 2008; September 16, 2008; and September 23, 2008 Board Meeting Minutes*

M. Armentrout

 -

 

b. Litigation*

C. Seely

 -

 

c. Personnel

N. Capezzuti

 -

 

d. Authorization to Increase Debt Financing*

S. Byone

 -

 

e. Contracts*

R. Hinsley

 -

Reconvene to Open Session

16.

Vote on Matters from Executive Session (Vote)

M. Armentrout

3:00 p.m.

Adjourn

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

Key Documents