PRESS RELEASE
April 16, 2001
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ERCOT to Break Ground - April 17, 9 a.m.

Board meeting to follow at Dell Conference Center, 11 a.m.

Groundbreaking Activities

WHO:

Electric Reliability Council of Texas, Inc. (ERCOT), the corporation that administers the state's power grid. ERCOT will oversee the wholesale electric market that will result from restructuring, while maintaining the overall reliability of the electrical grid.

WHAT:

Groundbreaking for 85,000 square-foot facility

WHEN:

Tuesday, April 17, 9 - 9:30 a.m.

WHERE:

2705 West Lake Drive, Taylor, Texas (actual groundbreaking will take place on the east side of the Taylor airport frontage road)
WHY:

To provide a permanent, hardened facility to house the systems necessary to operate the electric power grid.

Board Meeting Details

WHO:

ERCOT Board of Directors, chaired by Mr. David McClanahan. The Board is comprised of 21 members, including Ex Officio Rep. Pat Wood III, Chairman of the Public Utility Commission of Texas.

WHAT: ERCOT monthly Board of Directors Meeting
WHEN:

Tuesday, April 17, 2001, 11:00 a.m. - 4:00 p.m.

WHERE:

Dell Diamond (Dell Conference Center)
(Home of the Round Rock Express 2A baseball team)
3400 E. Palm Valley Blvd. (Hwy. 79), Round Rock, Texas.
WHY:

Items for discussion on the Agenda include:

  1. Technical Advisory Committee Report: Congestion Zone Model Exceptions.
  2. QSE Creditworthiness.
  3. Operations Report: Mock Market Update.

The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 21 million Texas customers – representing 85 percent of the state’s electric load and 75 percent of the Texas land area. As the independent system operator for the region, ERCOT schedules power on an electric grid that connects 38,000 miles of transmission lines and more than 550 generation units. ERCOT also manages financial settlement for the competitive wholesale bulk-power market and administers customer switching for 6 million Texans in competitive choice areas. ERCOT is a membership-based 501(c)(4) nonprofit corporation, governed by a board of directors and subject to oversight by the Public Utility Commission of Texas and the Texas Legislature. ERCOT's members include consumers, cooperatives, independent generators, independent power marketers, retail electric providers, investor-owned electric utilities (transmission and distribution providers), and municipal-owned electric utilities.

Contact
Dottie Roark 512-225-7024