1.

Antitrust Admonition

R. Comstock

9:30 a.m.

2.

Approval of the Draft February 2, 2006 TAC Meeting Minutes (Vote)* 

R. Comstock

9:35 a.m.

3.

ERCOT Board Update *

• TAC Action Items from Board Retreat

R. Comstock

9:40 a.m.

4.

Credit Working Group Update on Mass Transition Review

M. Davies

10:00 a.m. 

• Protocol Revision Requests
  • PRR630 -- Private Use Networks (Vote)*
  • PRR649 -- Correct "K" Factor in Compliance SCE Formula -- URGENT (Vote)*
• Notice of PRR Rejection:
  • PRR632 -- Clawback Mechanism for Generating Resources at a Site with an RMR Unit*
• Project Prioritization (Vote)*
• 2006 PRS Goals
  
  
  
  

K. Gresham

10:30 a.m.

6.

 Nodal Transition Plan Task Force Update *

T. Doggett

 11:15 a.m.

7.

 Retail Market Subcommittee Report*

S. Bowling

 11:45 a.m.

 Lunch

12:00 p.m.

Reliability and Operations Subcommittee Report

• OGRR172 -- Special Protection System Obligations (Vote)*
• OGRR174 -- Definition of a Single Generating Unit (Vote)*
  

P. Breitzman

1:00 p.m.

 Wholesale Market Subcommittee Report*

 1:30 p.m.

 Commercial Operations Subcommittee Report*

BJ Flowers

1:45 p.m.

11.

Market Participant Default -- Joint RMS/WMS Taskforce Update *

K. Hobbs

2:00 p.m.

12.

• ERO Implementation
• ERO Regional Entity Stakeholder Participation and Integration of Functions (including IMM formation) -- (Discussion and Possible Vote)
• Update on January Scores Related to PRR525 SCE Performance and Monitoring
  

S. Jones

R. Comstock

 
L. Grimm

2:10 p.m.

 13.

Other Business

3:40 p.m.

 R. Comstock

 3:45 p.m.

Open Action Items from Previous Meeting(s)

Responsible Party

• Emergency Demand Service -- Demand Side Working Group

 WMS

• Review of Cost Benefit Analysis (CBA) Methodology and Process

PRS

• Review and Revision of Project Prioritization Process incorporating TAC’s concerns regarding flexibility of prioritization process

PRS

• WMS to look at long-term solutions to market issue of LaaRs submitting bid prices less than zero to ensure participation in the RRS market

WMS

• Potomac Recommendations -- WMS to compile Final Report and file at Commission

WMS

• ROS to continue examining Hurricane Rita and Lessons Learned and report back to TAC after May hurricane preparedness drills

ROS

• CWG to report their findings i.e. exposure and collateral effects post implementation of PRR 568 and PRR638 at the May 2006 TAC Meeting

CWG

• RMS to include retail outage statistics post implementation of SCR 745 in monthly report to TAC

RMS

• ERCOT Compliance update related to PRR 525 beginning with January scores at the March TAC meeting

ERCOT

• Location on ERCOT Website for posting filed notices/comments on a federal level (NERC, FERC, DOE)

ERCOT

• RMS and COPS Communications Working Group to review communication issues related to ERCOT December System Outage/Storage Failure and provide recommendations.  In the interim, TAC and RMS should be notified of any system outage issues.

COPS

• TPTF to consider (1) Cost-Based offers in Transition Period to Nodal and (2) Implementation of Orders issued from Project 31540

TPTF

• Review of Market Guides (use, naming convention, authority)

TAC

• Review Board oversight specified in Protocols

A. Gallo

• Investigate process change required to only send PRRs with priority and ranking about the cut line to Board while maintaining inclusion of TAC approved PRRs in priority and ranking review process

TAC

• Prepare a list of the advantages and disadvantages of Market Participants funding certain PRRs

PRS