Meeting · BOARD

Board of Directors Meeting

Concluded date 2011-12-12 time 13:00–15:00 ercot.com

LocationERCOT Austin 8000 Metropolis (Building E), Suite 100 Austin, TX 78744 Room 206

Revision Requests On The Agenda

NPRR351NPRR377NPRR395NPRR398NPRR399NPRR401NPRR403NPRR404NPRR406NPRR426NPRR427NPRR428

Agenda 43 items

1. Call Open Session to Order and Announce Proxies at 1:00 p.m. on Monday, December 12, 2011 · L. Doll
2. Technical Advisory Committee (TAC) Update* — Discussion · --
a. Revision Requests Unanimously Recommended by TAC* · Nodal Protocol Revision Requests (NPRRs): NPRR377 Alternate Inputs to Base Point Deviation Charge NPRR395 Congestion Revenue Rights (CRR) Auction Offer Award Disclosure NPRR398 Changes to Resource Category Minimum-Energy Generic Heat Rates NPRR399 Updates to Protocol Sections Related to Settlements and Billing NPRR401 Clarification of Timing for a Generation Resource to be Considered Self-Committed NPRR403 Revised First Available Switch Date (FASD) Calculation for Texas Standard Electronic Transaction (TX SET) Version 4.0 Release NPRR404 Clarification of Form of Notice of Suspension of Operations NPRR406 Clarification of the Timeline for Calculating the Value of X at Minimum Energy Level NPRR426 Standing Non-Spin Deployment in the Operating Hour for Generation Resources Providing On-Line Non-Spin Urgent NPRR427 Energy Offer Curve Requirements for Generation Resources Assigned Reg-Up and Responsive Reserve Service (RRS) Urgent NPRR428 Energy Offer Curve Requirements for Generation Resources Assigned Non-Spin Responsibility Urgent · Planning Guide Revision Request (PGRR) 009 New Planning Guide Section 6.8, Resource Registration Procedures — Vote · B. Jones
- Item 02a - Unanimous Revision Requests
b. Revision Requests Non-Unanimously Recommended by TAC* · NPRR351 Security Constrained Economic Dispatch (SCED) Look-Ahead Step 1: Pricing: Calculate Non-Binding Prices and Basepoints for Initial Research into SCED Look-Ahead and allow Consumers to have a Forward Price Projection Urgent — Vote · B. Jones
- Item 02b - Nonunanimous Revision Request
c. Holistic Approach to Congestion Irresolvable by SCED · TAC Advocate Presentation of TAC Recommendation* · ERCOT’s Response to Board Request for Data regarding Disputed Issue* · Appeal and Position Statement of South Texas Electric Cooperative, Inc. (STEC)* · Position Statements of Interested Parties* (Independent Market Monitor, Calpine, Direct Energy, EDF Trading, NRG Texas) — Vote · B. Jones
- Item 02c - Holistic Approach to Congestion
d. Response to Request to Review Potential Gaps between Operations and Planning* — Discussion · B. Jones
- Item 02d - Response to Request to Review Potential Gaps between
e. Updates to the TAC Response to the ERCOT Board Operations Task Force Report on the February 2, 2011 Extreme Weather Event* — Discussion · K. Ogelman
- Item 02e - Updates to the TAC Response to the ERCOT Board Operat
Recess until 8:30 a.m. on Tuesday, December 13, 2011 · --
3. Reconvene Open Session and Announce Proxies at 8:30 a.m. on Tuesday, December 13, 2011 · L. Doll
4. October 18, 2011 Meeting Minutes* — Vote · L. Doll
5. Chief Executive Officer (CEO) Update* — Discussion · T. Doggett
6. Operating Reports · --
a. Financial Summary Report* — Discussion · M. Petterson
b. External Affairs Update* — Discussion · T. Gage
c. Wholesale Market Operations Report* — Discussion · J. Dumas
d. Commercial Market Operations Report* — Discussion · D. Goodman
e. Grid Operations and Planning Report* — Discussion · K. Saathoff
f. Information Technology (IT) and Facilities Reports* — Discussion · J. Dreyer
- Item 06f - IT and Facilities Reports
g. Business Integration Update including Project Priority List (PPL) Update* — Discussion · B. Day
- Item 06g - Business Integration Update including PPL Update
7. Resource Adequacy Assessment Update* — Discussion · D. Woodfin
Break Recess for Forty-First Annual Membership Meeting (at Austin Marriott South, 4415 South IH-35) from 10:30 a.m. to 1:30 p.m. · --
8. Finance & Audit (F&A) Committee Report — Discussion · C. Karnei
a. Acceptance of 2011 Service Organization Control Audit Report* — Vote · --
9. H. R. & Governance Committee Report — Discussion · A. Dalton
a. 2012 Key Performance Indicators* — Vote · --
- Item 09a - 2012 Key Performance Indicators
b. Board Policies and Procedures* — Vote · --
- Item 09b - Proposed Revisions to Board Policies and Procedures
- Item 09b - Proposed Revisions to Bd. Policies and Pro. - Supplem
10. ERCOT 2012-2016 Strategic Plan Update* — Discussion · P. Feuerbacher
11. Adjunct Membership Approval for Membership Year 2012 · --
a. Constellation Energy Control and Dispatch LLC* — Vote · B. Magness
- Item 11a - Adjunct Membership Approval of Constellation Energy C
b. Panda Power Funds* — Vote · B. Magness
- Item 11b - Adjunct Membership Approval of Panda Power Funds
12. Other Business — Discussion · L. Doll
13. Future Agenda Items* — Discussion · L. Doll
Convene to Executive Session · --
14. October 18, 2011 Executive Session Meeting Minutes* — Vote · L. Doll
15. Personnel — Discussion · Staff
16. Security Update — Discussion · C. Manning
17. Compliance Update — Discussion · C. Manning
18. Risk Management Matters* — Discussion · M. Ruane
19. Litigation and Regulatory Matters* — Discussion · Staff
20. Contract Matters* — Discussion · Staff
Reconvene to Open Session · --
21. Vote on Matters from Executive Session — Vote · L. Doll
22. Adjourn · L. Doll

Documents 1

Name	Doc Type	Type	Posted
December 12-13, 2011 Board Agenda	Meeting Agenda	doc	Dec 5 '11

Name

Doc Type

Type

Posted

December 12-13, 2011 Board Agenda

Meeting Agenda

doc

Dec 5 '11