1.

K. Gresham

2.

Approval of Minutes (Vote)

April 20, 2007

K. Gresham

3.

Urgency Votes (Possible Vote)

K. Gresham

4.

TAC and Board Reports (Possible Vote)

PRR701, Enabling of Stranded Capacity During Alerts - URGENT.  On 5/4/07, TAC voted to remand PRR701 to PRS to consider the potential inconsistencies between the Resource Plans and the HSLs (High Sustainable Limits).

PRR712, Local Congestion Replacement Reserve Payment Methodology.  On 5/4/07, TAC voted to remand PRR712 to PRS to consider the issue of profit potential in settlement of OOMC and other issues.

PRR716, NOIE Self-Provision of Emergency Interruptible Load Service.  On 5/4/07, the motion at TAC to recommend approval of PRR716 as revised failed.  PRR716 is deemed rejected by TAC.

K. Gresham

5.

Appeals Process Update (Possible Vote)

K. Gresham

6.

TRE/NERC/FERC Penalties or Assessments Update (Possible Vote)

PRR719, Texas Regional Entity/NERC/FERC Penalties or Assessments

A. Gallo

7.

Review of Recommendation Report, Impact Analysis and Cost/Benefit Analysis (Vote)

PRR714, Qualification and Periodic Testing of Loads Acting as Resources (LaaRs)

8.

Review of PRR Language (Vote)

PRR713, Resource Outage Notification.  On 3/22/07, PRS voted to table PRR713.  On 4/20/07, PRS tabled PRR713.

PRR717, EILS Disputes and Resettlements

PRR718, Authority for Determination of Urgency for a SCR

9.

Review of NPRR Language (Vote)

NPRR035, Nodal Protocol Clarifications Required For Net Metering Provisions.  Tabled by PRS on 1/22/07.  On 2/22/07, PRS voted to recommend approval of NPRR035.

NPRR057, Posting Requirements Pursuant PUC Subst. R. 25.505.  On 4/20/07, PRS voted to recommend approval of NPRR057 as submitted.

NPRR058, Clarification of Standard Form Market Participant Agreement

NPRR059, Reconfiguring the Annual CRR Auction

NPRR060, Hub Clarification

NPRR061, Scarcity Pricing Mechanism

10.

Project Update and Summary of Project Priority List (PPL) Activity to Date

Final review of revised cost/benefit analysis (CBA) form

Review of 2008 Continuous Analysis and Review Team (CART) project prioritization and budget

T. Anderson

11.

Other Business

Revised PRR/NPRR Forms

N. Lopez

12.

Adjourn