Trust with electricity companies, trust with lawmakers, and trust, most crucially, with regular Texans. At least 111 Texans died as a result of the disaster, according to numbers released in March by the Department of State Health Services. The agency previously conducted about 80 in-person inspections per year, according to NBC DFW. The so-called passport program will increase the reliability of renewable energy through battery storage, among other initiatives. Gas is a very protected and treasured resource within the Texas economy and the Texas politics, so you have to pick your battles, Cramton said. Jones was once Ercots chief operating officer, and is a Texan. This op-ed is part of a series published by The Dallas Morning News Opinion section to explore ideas and policies for strengthening electric reliability. See here for a complete list of exchanges and delays. | In addition, Mr. Seely is responsible for the leadership of the Compliance, Cyber Security, Physical Security, Facilities and Information Governance departments. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. But some of the biggest threats to the grids stability are outside of ERCOTs control. From the impact of the growing electric vehicle market on the grid to the legislative actions taken after Winter Storm Uri, Jones said, ERCOT is preparing generators to provide enough power for a booming population amid weather challenges. Brad Jones of Liberty Hill is the Interim CEO of ERCOT. He said ERCOT and Brad Jones have roles to play as messengers, but that they alone cannot prevent another power failure. Magness is leaving as ERCOT faces a$2.5 billion shortfallin payments from retail power providers and others after electricity prices skyrocketed during the energy crisis. The board of directors gave CEO Bill Magness a 60-day termination notice in early March, weeks after the deadly storm. That included more inspections and assurances from power companies that they were adequately preparing their facilities for winter weather. Read more about our editorial independence policyhere. Prior to ERCOT, Mr. Vegas was Executive Vice President of NiSource, and Group President of NiSource Utilities, where he oversaw NiSources electric and gas business segments and championed outstanding service to NiSource customers. Subchapter M Default Balance Securitization, Subchapter N Uplift Balance Securitization, Proposed Brazos and ERCOT Bankruptcy Settlement, Independent Market Information System Registered Entity, Transmission/Distribution Service Providers, Access registration forms and other documents >, Market Coordination Team for Texas SET Version Releases, Texas Data Transport and MarkeTrak Systems Working Group, Texas Standard Electronic Transaction Working Group, Performance, Disturbance, Compliance Working Group, Planning Geomagnetic Disturbance Task Force, Protocol Interpretation Request Submission Process, Texas Standard Electronic Transaction Guides, Aggregate Distributed Energy Resource (ADER) Pilot Project, 30-Minute Emergency Response Service - Completed, Fast Responding Regulation Service - Completed, Weather-Sensitive Emergency Response Service - Completed, Other Binding Documents Revision Requests, Backcasted (Actual) Load Profiles - Historical, TDSP Distribution Loss Factors - Methodology, IDR Protocol Compliance Verification - Historical, Resource Integration & Ongoing Operations Resource Services. Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New Peak demand for electricity during the freeze reached nearly 10 megawatts above what ERCOT forecast. All Rights Reserved. By, How the ongoing drought impacts the Hill Country, Gulf of Mexico warming at faster rate than global ocean, study finds, Bills make their way to committees at the Capitol this week, the first step toward possible passage, Why hurricanes feel like they're getting more frequent. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. From 2013 until 2018, Mr. gelman served on the Gulf Coast Power Associations (GCPA) Board of Directors, including presiding as Vice President in 2014 and President in 2015. Industry insiders will be pounding on his door, but he should seek counsel from consumers, city emergency officials, health professionals and environmental experts, too. Ms. Spak has more than 15 years of extensive experience in human resources at diverse corporate entities. A long-time leader among ERCOT stakeholders, Brad chaired ERCOTs Technical Advisory Committee, a. cross-functional group that provides recommendations to the ERCOT Board of Directors related to operating guides and market protocols. This article was originally published byFort Worth Report. Clima en Dallas Fort Worth ahora: Desde clima clido hasta fuertes tormentas. But one thing the crisis does is it opens the opportunity for, I would hope, the legislature and the PUC and the Railroad Commission to understand that there is a serious issue here with gas supply, and now it needs to be solved.. If you value our commitment to the highest standards of responsible journalism and are able to do so, please consider making your gift of support today. Jones served as ERCOT vice president of commercial operations from April 2013 to December 2014 and as senior vice president and chief operating officer from January 2015 to October 2015, the statement said. I expect for that plan to be very specific and very aggressive, he said. Prior to working at LCRA, Mr. Taylor was a consultant performing mergers and acquisition advisory services at PricewaterhouseCoopers in New York City. Jones will serve beginning May 4. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Mr. Woodfin has over 30 years of experience in the electric power industry, including leadership positions in both system planning and system operations for ERCOT. According to his LinkedIn page, he left for retirement after three years. Magness hasdefendedthe grid operators decision to call for the largest forced poweroutagein U.S. history, saying Texas came within seconds and minutes of catastrophic grid failures. Death toll from Texas winter storms rises once more to 125 people, D-FW victims now total 12, Terminated ERCOT CEO says he won't seek or accept severance pay, Its all connected: How Februarys power outages knocked out natural gas wells, Simple fix to prevent future electric outages has yet to be mandated by the Texas legislature, Sen. Cornyn and Rep. Johnson introduce bipartisan bill to strengthen, winterize Texas power grid. Vice President and Chief Financial Officer. He was an early favorite to replace the embattled CEO and president, Bill Magness, who served in the position for half a decade. There, he oversaw Commercial Operations and Grid Planning and Operations. During his time at Siemens, he served as the Lead Architect for delivering mission-critical solutions to ISO/RTOs, like PJM and CAISO. April 27 (Reuters) - Brad Jones has been elected interim president and chief executive officer of the Texas grid operator ERCOT, its board said on Tuesday, filling the Mr. Rickerson brings a considerable amount of electric industry experience to his position, including more than 19 years at ERCOT in various roles. Brad Jones will fill the role in an interim capacity in early May. Jones was once Ercots chief operating officer, and is a Texan. April 27 (Reuters) - The board of ERCOT said on Tuesday that Brad Jones has been elected to serve as interim president and chief executive officer for the Texas Previously, Brad was a Director, Information Technol Read More He didnt immediately respond to a LinkedIn message. ERCOT announced that four of its board members resigned Wednesday, Feb. 24 following its board meeting, and a fifth board member separately submitted her resignation. If you'd like to sign up now, fill out the form below and we will add you as soon as we finish the transition. Pablo Vegas joined ERCOT in October 2022 as President and CEO. He comes to the Bayou City after Let the Houston Public Media newsroom help you start your day. Prior to joining ERCOT, he served as Principal Key Expert for Grid Control at Siemens Digital Grid, specializing in delivering high-risk, complex projects working with both the product and delivery organization at Siemens. Vice President, Corporate Strategy and PUC Relations. The Texas legislature oversees all of the organizations, and its efforts to mandate weatherization have stalled. Thats the job of the Public Utility Commission (PUC), which oversees ERCOT and regulates the grid, as well as the Railroad Commission, which regulates the natural gas sector. That means Texas had no way of bringing in more electricity when the states power generators couldnt produce enough power to meet demand last February. Contact herby emailor viaTwitter. This caused some friction with the governors office, and Jones soon returned to Texas. The industry leader for online information for tax, accounting and finance professionals. Three weeks after the the state's power grid failed leaving millions of Texans without power amid freezing temperatures, the Public Utility Commission of Texas named Adrianne Brandt as the agency's new director of ERCOT accountability in a. Elizabeth Souder is commentary and Sunday Opinion editor and a member of the editorial board. Brad Jones is an Interim President & Chief Executive Officer at Ercot based in Taylor, Texas. Texas lawmakers could change that, Heres everything you need to know about school vouchers in Texas, Texas Education Agency denies reapproval for Houston special education school Avondale House, adding strain to underfunded system. Brad Jones Summary Overview CB Rank (Person) 23,869 Primary Job Title Senior Vice President and Chief Operations Officer Primary Organization ERCOT Gender The generators did a fantastic job of getting ready for this, and were seeing that today, Jones said. Magness has maintained that ERCOT performed well during the energy crisis, and that the Public Utility Commission and state legislature hold most of the power when it comes to mandating grid resiliency. AUSTIN (CBSDFW.COM) - The Public Utility Commission of Texas today named Adrianne Brandt the agency's new Director of ERCOT, Inc. Generators, the grid operator and politicians have clashed over who is to blame, pointing fingers at power plants that didnt prepare for winter, Texass highly deregulated power market, frozen natural gas wells and issues with the grid itself. Get highlights, trending news, and behind-the-scenes insights from Houston Public Media delivered to your inbox each week. Sean Taylor was named Vice President and Chief Financial Officer in October 2019 after serving as ERCOTs Controller since joining the company in February 2013. At this point, Jones said there are three components to his trust plan. Your subscription will be migrated over. While with NiSource, he was also chairman on the board of directors for One Columbus and a board of trustees member for the American Gas Foundation. We had a list from our Legislature within months We had most of the issues that the (federal commission) identified already resolved by the time they identified them.. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. He spent years developing generation and working with regulators for TXU, and he spent years in top roles at ERCOT. They didnt meet the needs of either their customers or the state of Texas, and they faced penalties associated with that, financial penalties, Jones said. 2023 Fortune Media IP Limited. The ERCOT board of directors selected its interim president and CEO Tuesday after the 60-day period following the firing of Bill Magness in March in the wake of February's winter storm. Power move: ERCOT appoints Brad Jones as interim president/CEO in wake of Magness termination by: Russell Falcon. Its not surprising that on his first day on the job, Jones declined to offer a solution to the reliability issues that led to power outages in February. Kenan gelman isERCOTs Vice President of Commercial Operations, overseeing Market Operations, Settlement and Retail Operations, and Market Design and Development. In a press release, ERCOT said Jones will serve in the position for up to a year while the board searches for a permanent replacement. After so many angry Texans became armchair electricity experts on social media during the February freeze, this state could use some tethering to reality. ERCOT, still reeling from criticism over its handling of the record winter freeze, announced last week that it hired Jones, 58, as interim chief executive for up to one year as the company conducts a search for a permanent leader. Texans can be confident that the grid is more prepared than ever before, he added. (This extreme rate was sustained by the Public Utility Commission for days to try to incentivize power plant owners to get their plants working and back online, and the high rate ended up pushing some retailers into bankruptcy.). The plan will put ERCOT on a solid foundation for providing reliable electric service year-round," Jones said in part. Mr. Taylor has more than 20 years of finance experience in various roles. Dominic Anthony Walsh can be reached at Dominic@TPR.org and on Twitter at @_DominicAnthony, Texas Public Radio | Magness is leaving the Electric Reliability Council of Texas after the board voted to terminate his employment and gave him a 60-day term notice, according to a notice to Ercot staff and contractors seen by Bloomberg News. He graduated from South Texas College of Law in 2002 and earned awards in South Texas esteemed advocacy program. He also leads advancements in generation and transmission planning to help meet long-term forecasting needs and ensures that the latest grid and technology changes are incorporated into models used by ERCOT for analysis. Box 65, Fort Worth, TX 76101, natural gas production in Texas dropped significantly, recommendations from the Federal Energy Regulatory Commission. On Tuesday night, Jones tuned in virtually for a town hall with voters and Republican officials based in Tarrant County. DETAILS BELOW. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. He has over 35 years of experience in the electric energy industry. Im not sure being connected to a bigger grid would actually have less chance of causing a problem, Capriglione said. April 27 (Reuters) - Brad Jones has been elected interim president and chief executive officer of the Texas grid operator ERCOT, its board said on Tuesday, filling the gap left by the previous CEO who was ousted in the wake of a deadly blackout in February. Mara Spak is Vice President of Human Resources at ERCOT. Mr. Taylor is a veteran of the U.S. Army, where he served as a forward observer. Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New York. Dominic Anthony Walsh covers education & families for Houston Public Media's enterprise team. See here for a complete list of exchanges and delays. He served as a versatile executive at NiSource for six years, holding numerous roles, including Chief Operating Officer, Executive Vice President and President of Columbia Gas Group, and Chief Customer Officer. **Please note** If you are already signed up for the newsletter, you do not need to sign up again. We have to make sure we go about it the right way so that were attracting the right types of (power) generation to meet the needs of our customers every day.. She is a former opinion editor on the editorial board and energy reporter for the business section. She was named Director of Enterprise Risk Management and Strategic Analysis in December 2013,where she focused on providing the leadership and management necessary to identify, evaluate, mitigate, and monitor the companys operational and strategic risk, leading ERCOTs strategic and business planning processes, and providing guidance for the ERCOT governance process, especially as it relates to Market Rules. Brad Jones will fill the role in an interim capacity in early May. Notifications can be turned off anytime in the browser settings. Updated ERCOT is a council of experts and executives from across the energy spectrum, including power generators, electricity retailers, natural gas pipeline operators, big, corporate consumers, and academics. However, Magness has told Ercots board he wont seek or accept a severance, according to a statement. He didnt immediately respond to a LinkedIn message. He earned his bachelors degree in electrical engineering from the Victoria Jubilee Technical Institute, Bombay. Elizabeth Souder. Potomac Economics, which monitors the state's power market, said in March that ERCOT kept market prices too high for more than a day after widespread outages ended. "Over the next few weeks, I will be meeting with ERCOT staff, elected officials and leaders of various state agencies and developing a 100-day strategic plan to present to state officials and the public. The Texas Legislature is considering bills to allow ERCOT to securitize the IOUs, and Jones acknowledged that could put the grid operator in the unusual position of issuing bonds. There were a lot of channels, and we simply werent doing a good job, he said of the companys communications efforts during the freeze. Prior to joining ERCOT in 2003, he led various generation and transmission planning activities at Central and Southwest Services, Reliant Energy, and West Texas Utilities. 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