ERCOT Board of Directors — System Planning, Markets & Grid Reliability — June 1, 2026

Recording of the ERCOT Board of Directors and Public Utility Commission of Texas Joint Meeting covering system planning, transmission projects, market operations, and grid reliability. Total runtime: 2h 36m 6s. Key Topics Six Tier 1 transmission projects totaling approximately $6.5 billion reviewed across CPS Energy, Oncor, and LCRA TSC service territories Long-term load forecast methodology update, including reduction from 368 GW to approximately 201 GW using historical realization rates Firming requirements program with implementation deadline of December 1, 2027 and first compliance season beginning March 1, 2028 Frequency stability concerns related to concentrations of non-ride-through large loads exceeding approximately 3,200 MW in a single area 2027 Ancillary Service methodology review preview, with recommendations targeted for the September board meeting Summer weatherization update: less than 1% probability of entering emergency conditions, targeting 600+ facility inspections Comprehensive Transmission Planning Framework targeting February 2027 board adoption Independent Market Monitor presentation noting ERCOT is not in or near structural shortage, with lowest average shortage prices on record Chapters 00:00:44 Agenda Item 15 00:01:34 Rebecca Zervos (ERCOT) 00:10:07 Christie Hobbs (ERCOT) 00:14:35 Agenda Item 5 00:34:56 Agenda Item six 00:42:07 Agenda Item 6 00:54:24 Agenda Item seven 01:01:53 Agenda Item 7 01:01:58 Nithika Muruganantham (ERCOT) 01:12:17 Jeff McDonald (Potomac Economics (Independent Market Monitor)) 01:17:49 Agenda Item nine 01:28:57 Jeff Billo (ERCOT) 02:07:07 Agenda Item 9 02:07:30 Keith Collins (ERCOT) 02:20:40 Agenda Item 10 02:26:08 Agenda Item 11 02:29:38 Gordon Drake (ERCOT)