Item

Topic

Topic Type

Presenter

Time
Allocation in Minutes

1.

Call Open Session to Order and Announce Proxies

-

L. Doll

5

2.

May 17, 2011 Meeting Minutes*

Vote

L. Doll

5

3.

Chief Executive Officer Update*

Discussion

T. Doggett

20

4.

Operating Reports

-

-

-

a. Financial Summary Report*

Discussion

M. Petterson

10

b. External Affairs Update*

Discussion

T. Gage

10

c. Wholesale Market Operations Update*

Discussion

J. Dumas

10

d. Commercial Market Operations Report*

Discussion

B. Day

10

e. Information Technology and Facilities Report*

Discussion

R. Morgan

10

f. Business Integration Update*

Discussion

C. Lowe

10

g. Grid Operations and Planning Report*

Discussion

K. Saathoff

10

5.

2011 Long-Term Load Forecast and Capacity, Demand and Reserves Update*

Discussion

D. Woodfin

30

6.

Status Review of Market Transition*

Discussion

M. Cleary

45

7.

Proposed Price Correction related to Day-Ahead Market Settlement Points*

Discussion

J. Dumas

20

8.

Technical Advisory Committee (TAC) Update*

Discussion

B. Jones

60

a. Protocol Revision Requests (NPRRs) Unanimously Recommended by TAC for Approval*
·     NPRR264 - Clarification of Nodal Protocol Requirements for Generators With Multiple Points of Interconnection
·     NPRR311 - Correction of Wind Adjust Formula to Account for Daylight Savings Time
·     NPRR312 - Clarification of Qualified Scheduling Entity Requirements for Split Generation Resources - Urgent
·     NPRR317 - Clarification of Entity Responsible for Hydro Responsive Testing
·     NPRR318 - Alignment of Nodal Registration Requirements with Current Registration Process
·     NPRR326 - Adjust the Calculation of the Real-Time Settlement Point Price for a Resource Node
·      NPRR330 - Change in Frequency of Four Protocol Required Audits from Annual to Periodic (formerly titled Change in Frequency of Five Protocol Required Audits from Annual to Periodic)

Vote

-

-

b. NPRRs Non-Unanimously Recommended by TAC for Approval*
·      NPRR322 - Real-Time Point-to-Point Option Modeling - Urgent

Vote

-

-

c. Impact Assessment for Parking Deck NPRR Unanimously Recommended by TAC for Approval*
·      NPRR146 - Inter-Control Center Communications Protocol Telemetry Information Submittals

Vote

-

-

d. Other Revision Requests Unanimously Recommended by TAC for Approval*
·      Planning Guide Revision Request 007 - New Planning Guide Section 6, Data/Modeling and 6.4, Transmission Project Information Tracking Report and Data Requirements
·      System Change Request 765 - Public Aggregated Wind Dashboard - Urgent

Vote

-

-

9.

Lunch

-

-

60

10.

Finance & Audit (F&A) Committee Report

Discussion

J. Bermudez

15

a.       ERCOT Security Screening Study Fee*

Vote

-

-

b.      Investment Corporate Standard*

Vote

-

-

c.       Modifications to Guarantee Agreement and Letter of Credit Standard Forms*

Vote

-

-

11.

H. R. & Governance Committee Report

Discussion

A. Dalton

15

a. 2011 Board Meeting Schedule*

Vote

-

-

b. Ratification of ERCOT Mission Statement*

Vote

-

-

12.

Other Business

Discussion

L. Doll

10

13.

Future Agenda Items*

Discussion

L. Doll

10

Convene to Executive Session

-

-

-

14.

May 17, 2011 Executive Session Meeting Minutes*

Vote

L. Doll

5

15.

Personnel*

Discussion

Staff

15

16.

Security Update

Discussion

Staff

10

17.

Compliance Update

Discussion

C. Manning

10

18.

Litigation and Regulatory Matters*

Discussion

Staff

10

19.

Contract Matters*

Vote

Staff

10

20.

Reconvene to Open Session

-

-

-

21.

Vote on Matters from Executive Session

Vote

L. Doll

10

22.

Adjourn

-

L. Doll

5