Meeting · FINANCE_AUDIT
Finance and Audit Committee Credit Workshop
LocationERCOT Austin 8000 Metropolis (Building E), Suite 100 Austin, TX 78744 Room 206B
Agenda 8 items
- 1. Call to Order — C Karnei · 1:00
- 2. Review current level of credit exposure and credit risk factors — C Yager · 1:00 - 1:30
- 3. Overview of legal / policy directives regarding financial stability in the ERCOT Region (e.g. credit issues) Statutory/regulatory considerations Other considerations — A Gallo · 1:30 - 2:00
- 4. The environment Balance financial stability with potentially competing goals (i.e. market liquidity, barrier to entry issues) Current processes or governance structures in place to accomplish the goal (i.e. Market governance, Credit WG governance, Board oversight, etc) — M Davies · 2:00 - 2:30
- 5. What is ERCOT, Inc. and the ERCOT Board of Directors' role with respect to credit in the ERCOT market? — C Karnei · 2:30 - 3:30
- 6. How to determine an acceptable level of credit risk? How to determine that the market is financially stable? Establish / confirm credit objectives (what is the goal?) Market Opinion Independent assessment Board of Directors Other / PUCT — C Yager · 3:30 - 4:00
- 7. Next steps — C Karnei · 4:00 - 5:00
- 8. Adjourn — C Karnei · 5:00