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Bifurcation Update: WECC Committee Meetings Agenda and Strategic Planning Initiatives

The agenda for the WECC meetings held in Salt Lake City from March 26-28, 2013, includes updates on the bifurcation of WECC into two entities: the Reliability Coordination Company (RCCo) and the remaining WECC structure. Key topics include transitioning governance, funding strategies, and the election of board members. The board approved a transition plan and revisions for the MAC and will conduct elections of representatives at the June Annual Meeting. Collaboration with FERC is ongoing to ensure the success of the strategic planning initiative.

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Bifurcation Update: WECC Committee Meetings Agenda and Strategic Planning Initiatives

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  1. Bifurcation Update Standing Committee Meetings Salt Lake City Hardware Building March 26-28, 2013

  2. Agenda • 2014 Draft Budget • Strategic Planning Initiative Update

  3. 2014 Draft Budget

  4. Strategic Planning Initiative • WECC will bifurcate into: • Reliability Coordination Company (RCCo) • WECC • GNC, FAC, and HRCC continue working on aspects of structure, governance, funding, and resourcing of the two entities

  5. Progress – Governance • Reliability Coordination Company (RCCo) • Independent Board (seven members) • Member Advisory Committee (MAC) • RCCo CEO search process now underway • Interim Board Committee (three members) elected • WECC • Independent Board (nine members) • MAC

  6. RCCO – Interim Board Committee • Candidates included current and former WECC Board members • Will become members of RCCo Board post-bifurcation • Elected during the March meeting • Graham Edwards – WECC NAD • John Meyer – WECC NAD • Brian Silverstein – Former Class 1 Director, IBC Chair

  7. Transition Plans • Board approved the transition plan for the WECC Board and the MAC • Election of Class 1 – 5 MAC representatives during June Annual Meeting • Board approved revisions to the transition plan for the RCCo MAC • Elect Class 1 – 5 MAC representatives and member class directors during June Annual Meeting

  8. Bifurcation Funding • FERC wants the strategic planning initiative to succeed and is interested in how to make this happen • FERC staff is following this process closely and giving it critical thought while working collaboratively with WECC Legal • Petition for Declaratory Order- filed March 12

  9. Next Steps • Member outreach March – June • Bylaws Approval • Member Approval of certain aspects of amended WECC Bylaws • Board approval of the new RCCo Bylaws • Board and MAC formation for both companies • Recruitment of CEOs for RCCo and WECC • Regulatory Approvals • Delegation Agreement • Business Plans and Budgets

  10. Calendar • April 16 – Special Board meeting • June 26-28 – Annual meeting • September 18-20 – Board meeting • December 4-6 – Board meeting • January 1, 2014 – RCCo established

  11. Melanie M. Frye Vice President, Operations and Planning mfrye@wecc.biz Questions?

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