Urgent Board of Directors Meeting – Teleconference Available by Webcast

February 09, 2021
09:00 AM

Agenda

Item

Topic

Topic Type

Presenter

1.

Call General Session to Order, Announce Proxies and Segment Alternates

--

Bill Magness

2.

Election of Board Leadership

Vote

Bill Magness

 
2.1

Election of Board Chair

Vote

Bill Magness

 
2.2

Election of Board Vice Chair

Vote

Bill Magness

3.

Committee Member Preferences and Assignments

Discussion

Chair

4.

Confirmation of Technical Advisory Committee (TAC) Chair and Vice Chair for 2021

Vote

Chair

5.

Consent Agenda

Vote

Chair

 
5.1

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

Vote

--

 
5.1.1

NPRR1024, Determination of Significance with Respect to Price Corrections

Vote

--

 
5.1.2

NPRR1034, Frequency-Based Limits on DC Tie Imports or Exports

Vote

--

 
5.1.3

NPRR1040, Compliance Metrics for Ancillary Service Supply Responsibility

Vote

--

 
5.1.4

NPRR1044, Enhancement of SSR Mitigation Requirement

Vote

--

 
5.1.5

NPRR1048, Clarification on NPRR978 Short-Term Adequacy Reports

Vote

--

 
5.1.6

NPRR1049, Management of DC Tie Load Zone Modifications

Vote

--

 
5.1.7

NPRR1050, Change to the Summer Commercial Operations Date Deadline for Including Planned Generation Capacity in Reports on the Capacity, Demand and Reserves in the ERCOT Region

Vote

--

 
5.1.8

NPRR1051, Removal of the Price Floor Applied to Day-Ahead Settlement Point Prices

Vote

--

 
5.1.9

NPRR1052, Load Zone Pricing for Settlement Only Storage Prior to NPRR995 Implementation

Vote

--

 
5.1.10

NPRR1053, BESTF-9 Exemption from Ancillary Service Supply Compliance Requirements for Energy Storage Resources Affected by EEA Level 3 Charging Suspensions

Vote

--

 
5.1.11

NPRR1054, Removal of Oklaunion Exemption Language

Vote

--

 
5.1.12

PGRR085, Dynamic Model Improvements

Vote

--

 
5.1.13

PGRR086, Related to RRGRR027, Clarify Models Required to Proceed with an FIS

Vote

--

 
5.1.14

PGRR087, Remedial Action Scheme Planning Assumptions

Vote

--

 
5.1.15

RRGRR027, Clarify Models Required to Proceed with an FIS

Vote

--

 
5.1.16

SMOGRR024, Implement NPRR1020 – URGENT

Vote

--

6.

December 8, 2020 General Session Urgent Meeting Minutes

Vote

Chair

7.

Chief Executive Officer (CEO) Presentation

Discussion

Bill Magness

 
7.1

CEO Update

Discussion

--

 
7.2

2021 Major Projects Update

Discussion

Mandy Bauld

 
7.3

Passport Program Update

Discussion

Matt Mereness

8.

Independent Market Monitor (IMM) Report

Discussion

IMM

9.

TAC Report

Discussion

TAC Chair

 
9.1

Non-Unanimous Revision Requests Recommended by TAC for Approval

Vote

--

 
9.1.1

NPRR994, Clarify Generator Interconnection Neutral Project Classification

Vote

--

 

Recess for February 9, 2021 ERCOT Urgent Nominating Committee Meeting scheduled to start no earlier than 10:00 am and to convene prior to the Committee Reports

--

--

10.

Finance and Audit (F&A) Committee Report

Discussion

F&A Chair

 
10.1

F&A Committee Charter

Vote

--

 
10.2

Market Credit Risk Corporate Standard

Vote

--

 
10.3

Financial Corporate Standard

Vote

--

 
10.4

Investment Corporate Standard

Vote

--

11.

Human Resources and Governance (HR&G) Committee Report

Discussion

HR&G Chair

 
11.1

HR&G Committee Charter

Vote

--

 
11.2

Election of Chief Executive Officer and Ratification of Officers

Vote

--

 
11.3

Proposed 2022 ERCOT Board Meeting and Annual Meeting Schedule

Discussion

Chair

12.

Nominating Committee Report

Discussion

Nominating Chair

 
12.1

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

Vote

Chair

13.

2020 Internal Revenue Service Form 990 Questionnaire

Discussion

Sean Taylor

14.

Other Urgent Business

Discussion

Chair

 

Convene Executive Session

--

--

 

December 8, 2020 Executive Session Urgent Meeting Minutes

Vote

Chair

 

Risk Management Matters

Discussion

Staff

 

Security Update

Discussion

Staff

 

Compliance Update

Discussion

Staff

 

Contract Matters

Discussion

Staff

 

Personnel

Discussion

Staff

 

Litigation and Regulatory Matters

Discussion

Chad V. Seely

 

Reconvene General Session

--

--

15.

Vote on Matters from Executive Session

Vote

Chair

16.

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

April 13, 2021.

 

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, February 8, 2021, 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