1.

Antitrust Admonition

R. Comstock

9:30 a.m.

2.

Approval of the Draft January 12, 2006 TAC Meeting Minutes (Vote)* 

R. Comstock

9:35 a.m.

3.

Approval of Leadership for Subcommittees (Vote)*

R. Comstock

9:40 a.m.

4.

ERCOT Board Update

• PRR646 -- Establish a Floor for Responsive Reserve Service Bids (Discussion)
  
  

R. Comstock

9:45 a.m.

5.

ERCOT 12.26.05 Storage Failure and Impact on Systems

• Overview of 1.25.06 Lessons Learned Meeting
• Explanation of Source of Storage Failure
• Current and Future Projects
• Update on Outage Communications Plan  

ERCOT Panel

10:00 a.m.

6.

Protocol Revisions Subcommittee Report *

• Protocol Revision Requests
  • PRR567 -- Block Bidding of Ancillary Services (Vote)*
  • PRR630­ -- Private Use Networks (Vote)*
  • PRR635 -- Resource Plan Performance Metrics Update (Vote)*
  • PRR640 -- Payments for RMR Service and Agreement for Synchronous Service (Vote)*
  • PRR642 -- Lower Limit to IDR Meters in MRE for True-Up Settlement IDR Threshold (Vote)*
• Notice of PRR Withdrawal
  • PRR602 -- Ancillary Service Obligation for DC Tie Exports
    
    

K. Gresham

 11:00 a.m.

Lunch

12:00 p.m.

7.

Nodal Transition Plan Task Force Update

• Resource Requirements Update
  
  

T. Doggett

1:00 p.m.

8.

Retail Market Subcommittee Report*

• Temporary Change to 2005 Annual Validation (Vote) *

S. Bowling

1:15 p.m.

9.

Reliability and Operations Subcommittee Report

P. Breitzman

1:30 p.m.

10.

Wholesale Market Subcommittee Report*

• SMOGRR004 -- Settlement Metering Operating Guide Reformat and Update (Vote)*

B. Belk

1:45  p.m.

11.

Commercial Operations Subcommittee Report

• Commercial Operations Market Guide (Vote)*
• PWG Transition to COPS (Vote)*
• PRR638 -- Change Settlement Invoice Due Date from 16 Calendar Days to Five Business Days -- (Vote)*

2006 COPS Chair

2:15 p.m.

12.

Market Participant Default -- Joint RMS/WMS Taskforce Update

K. Hobbs

2:45  p.m.

13.

Operations Update

• Pre-Nodal Transmission Study Update
• Senate Bill 20 Transmission Plan Update
  
  

S. Jones

3:00 p.m.

14.

Other Business

R. Comstock

3:30  p.m.

Adjourn

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

• PRR602 remanded to PRS for further development of the CBA and to incorporate ERCOT comments

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

• PRR567 remanded to PRS to review the CBA, priority, and ranking

PRS

• 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/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.

RMS

• ERCOT to report at February TAC regarding ERCOT December System Outage specifically the source of the outage and current and future prevention projects and also provide a summary of the January 26th Lessons Learned meeting

ERCOT

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

TPTF