Meeting · BOARD

Board of Directors Meeting

Concluded date 2016-12-13 time 09:00 ercot.com

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

Revision Requests On The Agenda

NPRR439NPRR773NPRR783NPRR790NPRR791NPRR792NPRR797NPRR801NPRR803PGRR042PGRR051

Agenda 43 items

1. Call General Session to Order, Announce Proxies and Segment Alternates · Chair
2. Consent Agenda — Vote · Chair
2.1
Unopposed Nodal Protocol Revision Requests (NPRRs) and Planning Guide Revision Request (PGRR) Recommended by Technical Advisory Committee (TAC) for Approval — Vote · --
- 2.1 Unopposed NPRRs and PGRR Recommended by TAC for Approval
2.1.1 NPRR773, Broadening Scope of Acceptable Letter of Credit Issuers — Vote · --
2.1.2 NPRR783, Revision of Network Operations Model Consistency Audit Requirement — Vote · --
2.1.3 NPRR790, Addition of Phase Angle Limits to the Network Operations Model — Vote · --
2.1.4 NPRR791, Clarifications to IEL, MCE and Aggregate Amount Owed by Breaching Party — Vote · --
2.1.5 NPRR792, Changing Special Protection System (SPS) to Remedial Action Scheme (RAS) — Vote · --
2.1.6 NPRR797, Actual Load by Forecast Zone Report and Display — Vote · --
2.1.7 NPRR801, Non-Controllable Load Resource MW in PRC — Vote · --
2.1.8 NPRR803, Remove Grey-boxed Language from NPRR439, Updating a Counter-Party’s Available Credit Limit for Current Day DAM — Vote · --
2.1.9 PGRR051, Alignment with NPRR792, Changing Special Protection System (SPS) to Remedial Action Scheme (RAS) — Vote · --
2.2 Other Binding Document, Methodology for Implementing Operating Reserve Demand Curve (ORDC) to Calculate Real-Time Reserve Price Adder — Vote · --
3. October 11, 2016 General Session Meeting Minutes — Vote · Chair
4. Chief Executive Officer (CEO) Presentation — Discussion · Bill Magness
4.1 CEO Update — Discussion · --
4.2 Financial Summary — Discussion · --
4.3 Operations Report — Discussion · --
5. Independent Market Monitor (IMM) Report — Discussion · IMM
6. Confirmation of 2017 TAC Representatives — Vote · Chair
7. TAC Report — Discussion · TAC Chair
7.1
Non-Unanimous PGRR Recommended by TAC for Approval — Vote · --
- 7.1 Non Unanimous PGRR Recommended by TAC for Approval
7.1.1 PGRR042, Regional Transmission Plan Model Reserve Requirement and Load-Generation Imbalance Methodology — Vote · --
8. Recess for ERCOT Forty-Sixth Annual Membership Meeting (Austin Marriott South, 4415 South IH-35) from 10:15 a.m. to 1:00 p.m. · --
9. 2017 Methodology for Determining Minimum Ancillary Service Requirements — Vote · Sandip Sharma
10. Finance and Audit (F&A) Committee Report — Discussion · F&A Vice Chair
10.1 Acceptance of 2016 Service Organization Control (SSAE 16) Audit Report — Vote · --
10.2 Modifications to Guarantee Agreement, Letter of Credit and Surety Bond Standard Forms — Vote · --
11. Human Resources and Governance (HR&G) Committee Report — Discussion · HR&G Chair
11.1 2017 ERCOT Key Performance Indicators (KPIs) — Vote · --
12. Other Business — Discussion · Chair
Convene Executive Session · --
October 11, 2016 Executive Session Meeting Minutes — Vote · Chair
Selection of 2017 Independent Service Organization Control (SSAE 16) Auditor — Discussion · F&A Vice Chair
Risk Management Matters — Discussion · Chad Seely
Security Update — Discussion · Staff
Compliance Update — Discussion · Staff
Contract Matters — Discussion · Staff
Litigation and Regulatory Matters — Discussion · Chad Seely
Personnel — Discussion · Bill Magness
Reconvene General Session · --
13. Vote on Matters from Executive Session — Vote · Chair
14. Adjournment · Chair