Item

Topic

Topic Type

Presenter

Time

Allocation in Minutes

1.       

Call Open Session to Order and Announce Proxies

--

Chair

5

2.       

Consent Agenda:

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

o    Nodal Protocol Revision Request (NPRR) 412, Quick Start Generation Resource Compliance Metric Adjustments

o    NPRR439, Updating a Counter-Party’s Available Credit Limit for Current Day Day Ahead Market (DAM)

o    NPRR441, Revision of Dynamic Rating Recommendation Posting Timeline

o    NPRR442, Energy Offer Curve Requirement for Generation Resources Providing Reliability Must-Run Service

o    System Change Request (SCR) 770, Revision to Outage Scheduler Entry for Resource Maintenance Outage Level Designation

o    SCR771, ERCOT System Change Allowing Independent Master Qualified Scheduling Entity (QSE) to Represent Split Generation Resources

o    Nodal Operating Guide Revision Request (NOGRR) 084, Daily Grid Operations Summary Report

o    Planning Guide Revision Request (PGRR) 015, New Section 3, Regional Planning

o    PGRR016, Planning Reserve Margin Review

Vote

Chair

5

3.       

Draft April 16-17, 2012 Meeting Minutes*

Vote

Chair

5

4.       

Chief Executive Officer (CEO) Update*

Discussion

Trip Doggett

20

5.       

Financial Summary and Operations Reports*

Discussion

Trip Doggett

25

6.       

Preview of Summer 2012

Discussion

Trip Doggett

45

7.       

Independent Market Monitor (IMM) Report*

Discussion

Dan Jones

15

8.       

Reconsideration of Board’s Approval of Price Correction for DC_N Settlement Point (November 24, 2011) on February 21, 2012, in Light of Subsequent Public Utility Commission of Texas Order in Docket 39433*

Vote

Chair

15

9.       

Technical Advisory Committee (TAC) Update*

Discussion

TAC Chair

15

10.   

Proposed Modifications to 2012 Board Meeting Schedule, including 2012 Strategic Planning Event*

Discussion

Chair

5

11.   

Other Business

Discussion

Chair

5

Lunch

--

--

30

Convene to Executive Session

--

--

60

12.   

April 16-17, 2012 Executive Session Meeting Minutes*

Vote

Chair

--

13.   

Personnel

Discussion

Chuck Manning

--

14.   

Security Update

Discussion

Chuck Manning

--

15.   

Compliance Update

Discussion

Chuck Manning

--

16.   

Risk Management Matters

Discussion

Mark Ruane

--

17.   

Litigation and Regulatory Matters*

Discussion

Bill Magness

--

18.   

Contract Matters

Discussion

Staff

--

19.   

Reconvene to Open Session

--

--

--

20.   

Vote on Matters from Executive Session

Vote

Chair

10

21.   

Adjourn

--

Chair

5