Urgent Board of Directors Meeting – Teleconference Available by Webcast

October 13, 2020
09:00 AM

Agenda

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 Revision Requests Recommended by Technical Advisory Committee (TAC) for Approval

Vote

--

 
2.1.1

NPRR999, DC Tie Ramp Limitations

Vote

--

 
2.1.2

NPRR1027, Removal of Grey-Boxed Language Related to NPRR702, Flexible Accounts, Payment of Invoices, and Disposition of Interest on Cash Collateral

Vote

--

 
2.1.3

NPRR1033, Clarification of Financial Security Interest Payment and Withholding Processes Upon Termination of Market Participant Standard Form Agreement

Vote

--

 
2.1.4

NPRR1035, DC Tie Schedules Protected Information Expiry and Posting

Vote

--

 
2.1.5

NPRR1036, Late Payment Enforcement Provisions

Vote

--

 
2.1.6

NPRR1037, Correction to the Settlement of Switchable Generation Resources (SWGRs) Instructed to Switch to ERCOT

Vote

--

 
2.1.7

NPRR1038, BESTF-8 Limited Exemption from Reactive Power Requirements for Certain Energy Storage Resources – URGENT

Vote

--

 
2.1.8

SCR811, Addition of Intra-Hour PhotoVoltaic Power Forecast to GTBD Calculation – URGENT

Vote

--

3.

Chief Executive Officer (CEO) Presentation

Discussion

Bill Magness

 
3.1

CEO Update

Discussion

--

4.

Summer Review 2020

Discussion

Bill Magness

 
4.1

Summer 2020 Operational and Market Review

Discussion

Dan Woodfin and Mark Ruane

5.

Independent Market Monitor (IMM) Report

Discussion

Carrie Bivens, IMM

 

Break

 

 

6.

TAC Report

Discussion

TAC Chair

 
6.1

Non-Unanimous Revision Requests Recommended by TAC for Approval

Vote

--

 
6.1.1

NPRR984, Change ERS Standard Contract Terms

Vote

--

 
6.1.2

OBDRR023, Related to NPRR984, Change ERS Standard Contract Terms

Vote

--

 
6.2

PGRR077, DC Tie Planning Assumptions

Vote

--

 
6.3

Real-Time Co-optimization (RTC) Task Force (RTCTF) Update

Discussion

Matt Mereness, RTC Chair

7.

Price Corrections

Discussion

Kenan Ögelman

 
7.1

Day-Ahead and Real-Time Market Price Correction for Incorrect Transformer Ratings

Vote

Dave Maggio

 
7.2

Day-Ahead Market Price Correction for Incorrect RAS Modeling

Vote

Dave Maggio

8.

Finance and Audit (F&A) Committee Report

Discussion

F&A Chair

9.

Human Resources and Governance (HR&G) Committee Report

Discussion

HR&G Chair

10.

Nominating Committee Report

Discussion

Nominating Chair

11.

Other Urgent Business

Discussion

Chair

 

Convene Executive Session

--

--

 

Risk Management Matters

Discussion

Staff

 

Security Update

Discussion

Staff

 

Compliance Update

Discussion

Staff

 

Contract Matters

Discussion

Staff

 

Personnel

Discussion

HR&G Chair

 

Litigation and Regulatory Matters

Discussion

Chad V. Seely

 

Reconvene General Session

--

--

12.

Vote on Matters from Executive Session

Vote

Chair

13.

Adjournment

--

Chair

 

The conclusion time shown on the Agenda is approximate. 

The meeting may conclude earlier or later than the noted time.

Matters may also be taken out of Agenda order.

The next regularly-scheduled Board Meeting is expected to be held on

December 8, 2020.

  

A live meeting webcast will be available on the main web page for the Board: http://www.ercot.com/committee/board.

  

Any person who wants to provide public comment on the agenda items can do so by sending an email to Vickie Leady, ERCOT Assistant General Counsel and Assistant Corporate Secretary, at Vickie.Leady@ercot.com by 5:00 pm on Monday, October 12, 2020, with the following information:

 

  1. Your name
  2. The company or organization that you represent, if applicable
  3. Your preferred email address
  4. Your telephone number where you can be reached immediately prior and during the urgent Board meeting
  5. The agenda item for which you plan to provide comment
  6. The general substance of your comment

 

Upon receipt of this information, a unique personal identifier, technical information on participation, and allotted time limit will be provided to each participant in advance of the meeting.

 

If you experience technical problems associated with the webcasting service,

please contact webcast service provider Swagit Productions directly by phone at

(214) 432-5905 (main office) or (800) 573-3160 (toll free).

Scheduled Board of Directors Meetings