Board of Directors Meeting

February 11, 2020
01:00 PM
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 2020

Vote

Chair

6.

Consent Agenda

Vote

Chair

 
6.1

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

Vote

--

 
6.1.1

NPRR826, Mitigated Offer Caps for RMR Resources

Vote

--

 
6.1.2

NPRR838, Updated O&M Cost for RMR Resources

Vote

--

 
6.1.3

NPRR955, Define Limited Impact Remedial Action Scheme (RAS)

Vote

--

 
6.1.4

NPRR963, Base Point Deviation Settlement and Deployment Performance Metrics for Energy Storage Resources (Combo Model)

Vote

--

 
6.1.5

NPRR964, Improvement of RMR Process and Removal of Synchronous Condenser Unit and Agreement

Vote

--

 
6.1.6

NPRR967, Remove the 10 MW Limit from the Definition of Limited Duration Resource (LDR

Vote

--

 
6.1.7

NPRR970, Reliability Unit Commitment (RUC) Fuel Dispute Process Clarification

Vote

--

 
6.1.8

NPRR971, Replacing the Real-Time Average Incremental Energy Cost

Vote

--

 
6.1.9

NPRR974, Capacity Insufficiency Operating Condition Notice (OCN) Transparency

Vote

--

 
6.1.10

NPRR977, Create MIS Posting for RUC Cancellations

Vote

--

 
6.1.11

NPRR978, Alignment with Amendments to PUCT Substantive Rule 25.505

Vote

--

 
6.1.12

NPRR980, Accounting for NSO Forced Outages and GINR Inactive Projects in the Report on the Capacity, Demand and Reserves in the ERCOT Region

Vote

--

 
6.1.13

NPRR982, Alignment of Block Load Transfer (BLT) Requirements Between Protocols and Nodal Operating Guide

Vote

--

 
6.1.14

NPRR985, Modify Forward Adjustment Factors to Include Pricing for the Current Operating Day

Vote

--

 
6.1.15

NPRR986, BESTF-2 Energy Storage Resource Energy Offer Curves, Pricing, Dispatch, and Mitigation - URGENT

Vote

--

 
6.1.16

NPRR988, Correction to Conditions for DAM Award Eligibility for PTP Obligations with Links to an Option – URGENT

Vote

--

 
6.1.17

NOGRR183, Remedial Action Scheme (RAS) Submittal and Review Requirements

Vote

--

 
6.1.18

SCR806, Adding QSE and DME Information to Disclosure Reports

Vote

--

 
6.1.19

VCMRR026, Related to NPRR970, Reliability Unit Commitment (RUC) Fuel Dispute Process Clarification

Vote

--

7.

December 10, 2019 General Session Meeting Minutes

Vote

Chair

8.

Chief Executive Officer (CEO) Presentation

Discussion

Bill Magness

 
8.1

CEO Update

Discussion

--

 
8.2

2020 Major Projects Update

Discussion

Mandy Bauld

9.

Independent Market Monitor (IMM) Report

Discussion

IMM

 

Break

 

 

10.

TAC Report

Discussion

TAC Chair

 
10.1

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

Discussion

Matt Mereness, RTCTF Chair

 
10.1.1

RTC Key Principles (KPs)

Vote

--

11.

ERCOT Recommendation to PUC Project No. 46304, Oversight Proceeding Regarding ERCOT Matters Arising Out of PUC Docket No. 45624 Relating to DC Tie Project Proposed by Southern Cross Transmission, LLC, Directive 7 – ERCOT Determination regarding DC Tie Congestion Management

Vote

Matt Mereness

12.

Finance and Audit (F&A) Committee Report

Discussion

F&A Chair

 
12.1

F&A Committee Charter

Vote

--

 
12.2

Market Credit Risk Corporate Standard

Vote

--

 
12.3

Financial Corporate Standard

Vote

--

 
12.4

Investment Corporate Standard

Vote

--

13.

Human Resources and Governance (HR&G) Committee Report

Discussion

HR&G Chair

 
13.1

HR&G Committee Charter

Vote

--

 
13.2

Election of Chief Executive Officer and Ratification of Officers

Vote

--

 
13.3

Proposed 2021 ERCOT Board Meeting and Annual Meeting Schedule

Discussion

Chair

14.

Nominating Committee Report

Discussion

Nominating Chair

15.

2019 Internal Revenue Service Form 990 Questionnaire

Discussion

Sean Taylor

16.

Other Business

Discussion

Chair

 

Convene Executive Session

--

--

 

December 10, 2019 Executive Session Meeting Minutes

Vote

Chair

 

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

--

--

17.

Vote on Matters from Executive Session

Vote

Chair

18.

Adjournment

--

Chair

Additional Information

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