Board of Directors Meeting

    February 14, 2017
    09:00 AM
    ERCOT Austin Room 206
    7620 Metro Center Dr.
    Austin, TX 78744

    Agenda

    Item

    Topic

    Topic Type

    Presenter

    1.

    Call General Session to Order

    --

    Chair

    2.

    Election of Board Chair and Board Vice Chair

    Vote

    Bill Magness

    3.

    Announce Proxies and Segment Alternates

    --

    Chair

    4.

    Committee Member Preferences and Assignments

    Discussion

    Chair

    5.

    Confirmation of Technical Advisory Committee (TAC) Chair and Vice Chair for 2017

    Vote

    Chair

    6.

    Consent Agenda

    Vote

    Chair

    6.1

    Unopposed Nodal Protocol Revision Requests (NPRRs) and Planning Guide Revision Request (PGRR) Recommended by Technical Advisory Committee (TAC) for Approval

    Vote

    --

    6.1.1

    NPRR794, Relocation of Unregistered DG Reporting Requirements

    Vote

    --

    6.1.2

    NPRR805, Clarification for Multi-Month CRR Auction Offers

    Vote

    --

    6.1.3

    NPRR806, Clarification for Designation of Capacity or Refund PCRRs

    Vote

    --

    6.1.4

    PGRR053, Addition of Proposed All-Inclusive Generation Resources to the Planning Models

    Vote

    --

    6.2

    Other Binding Document, Setting the Shadow Price Caps and Power Balance Penalties in Security Constrained Economic Dispatch

    Vote

    --

    7.

    December 13, 2016 General Session Meeting Minutes

    Vote

    Chair

    8.

    Chief Executive Officer (CEO) Presentation

    Discussion

    Bill Magness

    8.1

    CEO Update

    Discussion

    --

    8.2

    Operations Report

    Discussion

    --

    9.

    2017 Winter Weather Review and Looking Ahead

    Discussion

    Chris Coleman

    10.

    Data Center Refresh Update

    Discussion

    Jerry Dreyer

    11.

    Independent Market Monitor (IMM) Report

    Discussion

    IMM

     

    Break

     

     

    12.

    TAC Report

    Discussion

    TAC Chair

    12.1

    Non-Unanimous NPRR Recommended by TAC for Approval

    Vote

    --

    12.1.1

    NPRR800, Revisions to Credit Exposure Calculations to Use Electricity Futures Market Prices – Urgent

    Vote

    --

    13.

    Finance and Audit (F&A) Committee Report

    Discussion

    F&A Chair

    13.1

    F&A Committee Charter

    Vote

    --

    13.2

    Market Credit Risk Corporate Standard

    Vote

    --

    13.3

    Financial Corporate Standard

    Vote

    --

    13.4

    Investment Corporate Standard

    Vote

    --

    14.

    Human Resources and Governance (HR&G) Committee Report

    Discussion

    HR&G Chair

    14.1

    HR&G Committee Charter

    Vote

    --

    14.2

    Election of Chief Executive Officer and Ratification of Officers

    Vote

    --

    15.

    Nominating Committee Report

    Discussion

    Nominating Chair

    16.

    Call for Special Meeting of ERCOT Corporate Members for Election of Unaffiliated Directors

    Vote

    Chair

    17.

    2016 Internal Revenue Service Form 990 Questionnaire

    Discussion

    Sean Taylor

    18.

    Other Business

    Discussion

    Chair

     

    Lunch

     

     

     

    Convene Executive Session

    --

    --

     

    December 13, 2016 Executive Session Meeting Minutes

    Vote

    Chair

     

    Risk Management Matters

    Discussion

    Chad Seely

     

    Security Update

    Discussion

    Staff

     

    Compliance Update

    Discussion

    Staff

     

    Contract Matters

    Discussion

    Staff

     

    Personnel

    Discussion

    Diane Williams

     

    Litigation and Regulatory Matters

    Discussion

    Chad Seely

     

    Reconvene General Session

    --

    --

    19.

    Vote on Matters from Executive Session

    Vote

    Chair

    20.

    Adjournment

    --

    Chair

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    Scheduled Board of Directors Meetings