Meeting · BOARD

Board of Directors Meeting

Concluded date 2023-12-19 time 10:00–14:00 ercot.com

LocationERCOT Austin 8000 Metropolis (Building E), Suite 100 Austin, TX 78744 Boardroom B

Revision Requests On The Agenda

NOGRR257NPRR1149NPRR1172NPRR1181NPRR1192NPRR1196NPRR1201NPRR1204PGRR110RMGRR176

Agenda 44 items

Convene General Session
1. Call General Session to Order · Chair
2. Notice of Public Comment, if Any — Discussion · Chair
3. Recognition of Brad Jones — Discussion · Chair
4. Consent Agenda — Vote · Chair
4.1
Unopposed Revision Requests Recommended by TAC for Approval — Vote · --
- 4.1 Unopposed Revision Requests Recommended by TAC for Approval
4.1.1 NPRR1181, Submission of Seasonal Coal and Lignite Inventory Declaration — Vote · --
4.1.2 NPRR1192, Move OBD to Section 22 – Requirements for Aggregate Load Resource Participation in the ERCOT Markets — Vote · --
4.1.3 NPRR1196, Correction of NCLR Ancillary Service Failed Quantity Calculations under NPRR1149 — Vote · --
4.1.4 NPRR1201, Limitations on Resettlement Timeline and Default Uplift Exposure Adjustments — Vote · --
4.1.5 NPRR1204, Considerations of State of Charge with Real-Time Co-Optimization Implementation – URGENT — Vote · --
4.1.6 NOGRR257, Removal of Redundant ERS Reporting Requirement — Vote · --
4.1.7 PGRR110, Revision to Accommodate Steady-State Node-Breaker Modeling — Vote · --
4.1.8 RMGRR176, Addition of Market Processes Specific to LP&L – URGENT — Vote · --
5. October 17, 2023 General Session Meeting Minutes — Vote · Chair
6. CEO Update — Discussion · Pablo Vegas
7. 2023-2024 Winter Weather Update — Discussion · Chris Coleman
8. Confirmation of 2024 TAC Representatives — Vote · Chair
9. Adjunct Membership Application of Linebacker Power, LLC — Vote · Chad V. Seely
10. Independent Market Monitor (IMM) Report — Discussion · IMM
11. TAC Report — Discussion · TAC Vice Chair
11.1
Non-Unanimous and Other Selected Revision Requests Recommended by TAC for Approval — Vote · --
- 11.1 Non-Unanimous Revision Requests
11.1.1 NPRR1172, Fuel Adder Definition, Mitigated Offer Caps, and RUC Clawback — Vote · --
11.2 Reliability and Markets (R&M) Committee Recommendations on Non-Unanimous Revision Requests — Discussion · R&M Chair
12. Finance and Audit (F&A) Committee Report — Discussion · F&A Chair
12.1 Acceptance of 2023 System and Organization Control Audit Report — Vote · --
12.2 Acceptance, Adoption and Approval of 2024-2025 Budget and Fee — Vote · --
13. Human Resources and Governance (HR&G) Committee Report — Discussion · HR&G Chair
14. Reliability and Markets (R&M) Committee Report — Discussion · R&M Chair
14.1 2024 ERCOT Methodologies for Determining Minimum Ancillary Service Requirements — Vote · --
14.2 West Texas Synchronous Condenser Regional Planning Group (RPG) Project — Vote · --
14.3 TNMP – Silverleaf and Cowpen 345/138-kV Stations RPG Project — Vote · --
14.4
Real-Time Market Price Correction – Security Constrained Economic Dispatch (SCED) Error — Vote · --
- 14.4 Real-Time Market Price Correction - Security Constrained Economic Dispatch (SCED) Error - Attachments
15. Technology and Security (T&S) Committee Report — Discussion · T&S Chair
15.1 T&S Committee Charter — Vote · --
16. Other Business — Discussion · Chair
Break
Convene Executive Session · --
October 17, 2023 Executive Session Meeting Minutes — Vote · Chair
Selection of 2024 Independent System and Organization Control Auditor — Vote · F&A Chair
Risk Management and Other Matters Authorized for Consideration in a Closed Meeting pursuant to Government Code Chapter 551 — Discussion · Staff
Reconvene General Session · --
17. Vote on Matters from Executive Session — Vote · Chair
18. Adjournment · Chair