1.

Antitrust Admonition

K. Ögelman

9:30 a.m.

2.

ERCOT Board Update

• NPRR466, Asset Depreciation Schedule for Capital Contributions (Vote)
• PGRR018, Clarify the Prerequisites for Adding a New Generation Resource to the Planning Models and Capacity Demand and Reserves Report (Vote)

K. Ögelman

9:35 a.m.

3.

Approval of Draft November 1, 2012 TAC Meeting Minutes (Vote)

K. Ögelman

9:50 a.m.

4.

Protocol Revision Subcommittee Report

• Nodal Protocol Revision Requests (NPRRs) (Vote):

o   NPRR385, Negative Price Floor

o   NPRR461, Energy Storage Settlements Consistent With PUCT Project 39917 Urgent

o   NPRR473, Process for Submission of Generation Resource Weatherization Information

o   NPRR483, REC Program Renewable Resource Self-Reporting MWH Production Data and Metering Requirements

o   NPRR488, Resource Entity and LSE QSE Designation or Change

o   NPRR489, Planning Reserve Margin

o   NPRR497, Corrections to NPRR400 Urgent

o   NPRR501, Correct ERS Self-Provision Settlement Calculation Urgent

T. Burke

9:55 a.m.

5.

Reliability and Operations Subcommittee Report *

• NOGRR102, Synchronization with NPRR454, Removal of Unfunded Project List Language (Vote)
• PGRR021, Synchronization with NPRR454, Removal of Unfunded Project List Language, and Modification of Administrative PGRR Definition (Vote)

B. Williams

10:30 a.m.

6.

Wholesale Market Subcommittee Report*

• SMOGRR013, Synchronization with NPRR454, Removal of Unfunded Project List Language, and Modification of Administrative SMOGRR Definition (Vote)

J. Bevill

10:45 a.m.

7.

Retail Market Subcommittee Report*

R. Bevill

11:00 a.m.

8.

Commercial Operations Subcommittee Report*

• Confirmation of Tony Marsh as COPS Vice-Chair (Vote
• Settlement Timeline Workshop Update

H. Basaran

J. Galvin

11:15 a.m.

9.

Market Enhancements Task Force Report*

• Summary and Review of the Real-Time Market Enhancement Strawman and the Hour-Ahead Market Proposals (Possible Vote)

K. Ragsdale

11:30 a.m.

Lunch

12:00 p.m.

10.

ERCOT Operations, Planning, and IT Report

• ERCOT Business Practice, Setting the Shadow Price Caps and Power Balance Penalties in Security Constrained Economic Dispatch (Vote)

• TAC Annual Review of  the Value of q as Defined in Protocol Section 3.8.3, Quick Start Generation Resources (Vote)

• 30-Minute ERS Pilot Update

D. Maggio

M. Tozer

M. Patterson

12:45 p.m.

11.

Annual TAC and TAC Subcommittee Structure Review Update

• Revised TAC Procedures (Vote)

K. Ögelman

1:45 p.m.

12.

Other Business

• Future Agenda Items

o   TAC Review:  Minimum PTP Option Bid Price Per Protocol Section 7.7.1, Charging of PTP Option Award Fee

o   TAC Review:  Market Impacts of the Dollar Value of Energy for Generation Resources Committed by the RUC Process Per Protocol Section 6.4.3.1, Energy Offer Curve for RUC-Committed Resources

K. Ögelman

2:15 p.m.

Adjourn

2:30 p.m.