Board of Directors Meeting

    June 12, 2018
    09:00 AM
    ERCOT Austin Room 206
    7620 Metro Center Dr.
    Austin, TX 78744

    Agenda

    Board of Directors Meeting

    Room 206; 7620 Metro Center Drive, Austin, Texas

    June 12, 2018; 9:00 a.m. to 2:45 p.m.*

     

    Item

    Topic

    Topic Type

    Presenter

    1.

    Call General Session to Order, Announce Proxies and Segment Alternates

    --

    Chair

    2.

    Consent Agenda

    Vote

    Chair

    2.1

    Unopposed Nodal Protocol Revision Requests (NPRRs), Other Binding Document Revision Request (OBDRR), Planning Guide Revision Requests (PGRRs), and Verifiable Cost Manual Revision Request (VCMRR) Recommended by Technical Advisory Committee (TAC) for Approval

    Vote

    --

    2.1.1

    NPRR837, Regional Planning Group (RPG) Process Reform

    Vote

    --

    2.1.2

    NPRR847, Exceptional Fuel Cost Included in the Mitigated Offer Cap

    Vote

    --

    2.1.3

    NPRR851, Procedure for Managing Disconnections for Bidirectional Electrical Connections at Transmission Level Voltages

    Vote

    --

    2.1.4

    NPRR867, Revisions to CRR Auction Credit Lock Amount to Reduce Excess Collateral

    Vote

    --

    2.1.5

    NPRR870, Eliminate Requirement for Forward Adjustment Factors Report in the MIS Certified Area

    Vote

    --

    2.1.6

    OBDRR005, Change to the Generic Maximum Shadow Price for Base Case Transmission Constraints

    Vote

    --

    2.1.7

    PGRR059, Related to NPRR837, Regional Planning Group (RPG) Process Reform

    Vote

    --

    2.1.8

    PGRR060, Clarification of Reliability Performance Criteria

    Vote

    --

    2.1.9

    VCMRR021, Related to NPRR847, Exceptional Fuel Cost Included in the Mitigated Offer Cap – Urgent

    Vote

    --

    3.

    April 10, 2018 General Session Meeting Minutes

    Vote

    Chair

    4.

    Chief Executive Officer (CEO) Presentation

    Discussion

    Bill Magness

    4.1

    CEO Update

    Discussion

    --

    4.2

    Operations Report

    Discussion

    --

    5

    2018 Summer Outlook

    Discussion

    --

    5.1

    2018 Summer Weather Outlook

    Discussion

    Chris Coleman

    5.2

    2018 Summer Operations

    Discussion

    Dan Woodfin

    5.3

    2018 Summer Markets – Factors that Drive Pricing Outcomes

    Discussion

    Kenan Ögelman

    5.4

    2018 Credit Overview

    Discussion

    Mark Ruane

    6.

    Independent Market Monitor (IMM) Report

    Discussion

    IMM

     

    Break

     

     

    7.

    Confirmation of TAC Chair for the Remainder of 2018

    Vote

    Chair

    8.

    TAC Report

    Discussion

    TAC Chair

    9.

    OBDRR004, Updates to Emergency Response Service Procurement Methodology

    Vote

    Mark Patterson

    10.

    Regional Planning Group Charter

    Vote

    Jeff Billo

    11.

    Far West Regional Planning Group Projects

    Vote

    Jeff Billo

    12.

    Rayburn Integration Study Update

    Discussion

    Jeff Billo

    13.

    Percentage of Real-Time Load Transacted in the DAM

    Discussion

    Kenan Ögelman

    14.

    Finance and Audit (F&A) Committee Report

    Discussion

    F&A Chair

    15.

    Human Resources and Governance (HR&G) Committee Report

    Discussion

    HR&G Chair

    15.1

    Proposed 2019 ERCOT Board Meeting and Annual Meeting Schedule

    Discussion

    --

    15.2

    Proposed Modifications to Form Employee Ethics and Confidentiality Agreement and Form Ethics Agreement for Directors and Segment Alternates

    Vote

    --

    16.

    Other Business

    Discussion

    Chair

     

    Convene Executive Session

    --

    --

     

    April 10, 2018 Executive Session Meeting Minutes

    Vote

    Chair

     

    Risk Management Matters

    Discussion

    Staff

     

    Security Update

    Discussion

    Staff

     

    Compliance Update

    Discussion

    Staff

     

    Contract Matters

    Discussion

    Staff

     

    Review Draft 2017 Internal Revenue Service (IRS) Form 990

    Discussion

    Staff

     

    Litigation and Regulatory Matters

    Discussion

    Chad V. Seely

     

    Personnel

    Discussion

    Chair

     

    Reconvene General Session

    --

    --

    17.

    Vote on Matters from Executive Session

    Vote

    Chair

    18.

    Adjournment

    --

    Chair

     

                                                       

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