PRESS RELEASE
July 15, 2002
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ERCOT Board of Directors Meeting - July 16 in Austin, Texas

WHO: ERCOT Board of Directors, chaired by Mr. Mike Greene. The Board is comprised of 25 members, including Becky Klein, Chairman of the Public Utility Commission of Texas.
WHAT: ERCOT Governance and Board of Directors Meeting
WHEN: Tuesday, July 16, 2002 from 10 a.m. - 4 p.m.
WHERE: ERCOT Austin
7620 Metro Center Drive
Austin, TX 78744
WHY:

Items for discussion on the Governance Agenda include:

  1. Perspectives on Redefining ERCOT's Role (Tom Noel) - 10:10 a.m.
  2. Retail Activities Update (Monte Jones) - 11:10 a.m.
  3. Policy on Requests for Information (Tom Noel) - 11:40 a.m.
  4. TAC Report: Protocol Revisions vote (Les Barrow) - 1 p.m.
  5. Bylaws Amendment vote (John Stauffacher) - 2 p.m.

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