1.

Antitrust Admonition

B. Albracht

9:30 a.m.

2.

Approval of Meeting Minutes (Vote)

• October 29, 2014
• December 3, 2014
• January 7, 2015

S. Cochran

9:35 a.m.

3.

Technical Advisory Committee (TAC) Update and Assignments

• Market Design Initiatives -- Update
• ·2015 WMS Goals (Possible Vote)

S. Cochran

9:40 a.m.

4.

Referrals (Possible Vote

• PRS: NPRR662, Proxy Energy Offer Curve
• PRS: NPRR674, Clarification of Water Supply Rights Documentation
• PRS: NPRR675, Modifications for ERS Estimates in Calculating Future Planning Reserves -- Assigned to DSWG
• PRS: NPRR680, Allow QSEs to Self-Arrange AS Quantities Greater Than Their AS Obligation

S. Cochran

10:10 a.m.

5.

ERCOT Operations and Market Items

• Update -- Winter RUC Procurement
•  As-Built OFF10 and OFF30 Clarification (Vote)
• Possible Increase to the Per-CRRAH CRR Auction Transaction Limit (Vote)

C. Thompson

D. Thompson

D. Maggio

10:20 a.m.

6.

QSE Managers Working Group (QMWG)

• NPRR650, Clarification of Real-Time Telemetry for Split Generation Resources (Vote)
• NPRR663, Ancillary Service Insufficiency Actions (Possible Vote)
• DRAFT NPRR, Ancillary Service Assignment Settlement (Vote)
• General Update

          o  DRAFT NPRR, Clarify Protocol Reference to Commercial       Operation

          o Notification Requirements for Switchable Resources

          o Market Impact from NERC-BAL-003, Ancillary Service Procurement

          o RUC/Capacity Oversupply

E. Goff

11:00 a.m.

7.

Supply Analysis Working Group (SAWG)

•  Real-Time Co-Optimization and Multi-Interval RT Market
• Working Group Structure
• Private Use Network Capacity Counting

B. Whittle

11:30 a.m.

Lunch

12:00 p.m.

8.

Resource Cost Working Group (RCWG)

• VCMRR006, Fuel Adder Timeline Update (Vote)
• Alternative to NPRR664, Fuel Index Price for Resource Definition (Possible Vote)
• General Update

       o DRAFT NPRR/VCMRR, Fuel Index Vendor Names in Protocol

       o Spot fuel price for Real-Time mitigation

       o Calculation of minimum fuel costs in the fuel adder

       o Proxy heat rate calculation Issues

       o EMR end of life cycle verifiable costs

       o Methodology for verifying exceptional fuel costs for coal

P. Vinson

1:00 p.m.

9.

Congestion Management Working Group (CMWG)

• General Update

M. Soutter

1:15 p.m.

10.

Emerging Technologies Working Group (ETWG)

• General Update

         o OpenADR -- Standards and Reference

         o Distributed Generation Interconnection and Registration

         o FRRS from Fleet EVs -- Pilot Study and Issues

         o NY-ISO, Aggregating Resources

         o DG PV Tracking

C. Blevins

1:30 p.m.

11.

Market Credit Working Group (MCWG)

• General Update

         o Available Credit Limit (ACLC and ACLD)

         o Seasonal Adjustment Factor (SAF)

         o Update, NPRR638, Revisions to Certain Price Components  of EAL

         o Market Credit Work Group (MCWG) Charter

         o Development of Market Risk Appetite Goal

         o Mitigation of Credit Tail Risk Exposure

         o Credit Risk Impacts and Modeling (CRIM) sub-group

B. Barnes

2:00 p.m.

12.

Other Business

• Make-Whole Payment Caps/Implementation of NPRR560, Caps and Floors for Energy Storage Resources
• Review of Open Action Items
• No Updates

             o Demand Side Working Group (DSWG)

             o Metering Working Group (MWG)

S. Cochran

2:15 p.m.

Adjourn

S. Cochran

2:30 p.m.

Future WMS Meetings:

• Monday, April 6, 2015
• Wednesday, May 5, 2015