She has over 20 years of experience in the electric industry. Categories It was championed by Magness, who is leaving just as the first stages are rolled out. The scene in North Austin on Feb. 16, 2021, following the devastating winter storm. If past experience is any indication of future performance, he will. 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, Executive Employment Agreement between ERCOT and Pablo Vegas, Texas Tribune Request for Employment Contracts with ERCOT Interim CEO Brad Jones, Resource Integration & Ongoing Operations Resource Services. Jones has also previously served as president and CEO of the New York Independent System Operator from October 2015 to October 2018. The Chief Audit Executive who manages the Internal Audit department administratively reports to Mr. Seely. Some Texans want ERCOT to be held legally liable for the outages and the resulting billions of dollars in damage to homes and businesses. Brad Jones will fill the role in an interim capacity in early May. ERCOT said in a release that Jones has over 30 years of experience in the energy sector and held positions with ERCOT from April 2013 to October 2015, including senior vice president and chief operating officer. 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. WebIf the problem persists, contact the ERCOT Service Desk at ServiceDesk@ercot.com or 1-866-870-8124. We're in the process of transitioning services for our Today in Houston newsletter. Trust with electricity companies, trust with lawmakers, and trust, most crucially, with regular Texans. Other, larger grids are not necessarily immune to issues, Capriglione added, pointing to Californias Pacific Gas & Electric, which has been blamed for more than 30 wildfires and faced a number of criminal charges. Peak demand for electricity during the freeze reached nearly 10 megawatts above what ERCOT forecast. TPR was founded by and is supported by our community. Third is better dialogue on needed technical changes in the power market and ERCOT. Brad Jones, the interim chief executive of the Electric Reliability Council of Texas, has been a busy man since taking over the troubled agency last May. Betty Day was named Vice President of Security & Compliance and Chief Compliance Officer in 2019 after serving in various executive roles since 2011. But some of the biggest threats to the grids stability are outside of ERCOTs control. They took until November to send us a list of recommendations for how to deal with the cold weather from Uri, Jones said. She joined ERCOT in 2015 as Director of Total Rewards and Systems and was responsible for the companys compensation, benefits, human resources systems, and corporate payroll. **Please note** If you are already signed up for the newsletter, you do not need to sign up again. Jones comes on board at a time of intense scrutiny for the grid operator, following the February winter storm and power outages that affected the entire state. Robert Black joined ERCOT as Vice President of Public Affairs in November 2022 with more than three decades of political and government experience. Texas Governor Greg Abbott had called for board members and other leaders to step down in the wake of the crisis. Join others and make your gift to Houston Public Media today. Vice President, Corporate Strategy and PUC Relations. 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.. 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. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. After so many angry Texans became armchair electricity experts on social media during the February freeze, this state could use some tethering to reality. According to his LinkedIn page, he left for retirement after three years. ERCOT Verified account @ERCOT_ISO. Brad Jones, UT Arlington alumnus, will be working on ERCOT accountability at the Public Utility Commission of Texas, The Texas Energy Report, KVUE ABC 24 and KTVT CBS 11 reported. Our Standards: The Thomson Reuters Trust Principles. He didnt immediately respond to a LinkedIn message. The development of those rules was really done by a broad group of diverse participants in the marketplace, including consumers, Jones said. Second, he plans to improve communication. He currently resides in Lansing. Jones has also He has a long history of service in both the electric and gas industries. He replaces Brad Jones, who led the organization as its interim-CEO following the February 2021 winter storm, when Texans across the state lost power and hundreds of people died. (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.). Mr. Rickerson brings a considerable amount of electric industry experience to his position, including more than 19 years at ERCOT in various roles. Jones defended the design of Texas electricity market and power grid. She is a former opinion editor on the editorial board and energy reporter for the business section. Mr. Black also served as the Director of Governmental Affairs for the AEP companies in Texas. Jones did not address the litigation during the town hall. There is no recent news or activity for this profile. Terms & Conditions. Dramatically shifting our power grid to cleaner energy is a good thing, but its only a politicians promise without electricity experts who know how to build a system to make it so. Iconic German restaurant in Fort Worth closing doors after 56 years, Enough | Black MENtal Health: Shedding light on asking for help, finding community and resources, Thunderstorms develop in North Texas: Latest radar, timeline here. 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. This years storm was far worse, and ERCOT needs to look at weatherization planning. In her role, Mrs. Hobbs oversees ERCOT relations with the Public Utility Commission of Texas (PUCT), enterprise risk management, strategic analysis, project and portfolio management, as well as ERCOT, Inc. business continuity planning. He has lived in Austin since 2002 and is happily married with two daughters. 2005-2022 Community Impact Newspaper Co. All rights reserved. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. He has a bachelors degree in electrical engineering from New Mexico State University and a masters degree in engineering management from the University of Colorado. Mr. Taylor has a BBA from the University of Michigan. Mr. Seely also oversees the ERCOT Reliability Monitor function which assesses ERCOT and ERCOT Market Participant compliance with Texas electric reliability laws under the direction of the Public Utility Commission of Texas. That included more inspections and assurances from power companies that they were adequately preparing their facilities for winter weather. Contact herby emailor viaTwitter. August 8, 2022 Executive Employment Agreement. Creating the original set of protocols that everyone could live with was surely good training for updating those protocols now. They were basically from the industry and had to determine at certain points: Do I do whats best for ERCOT or, you know, where Im getting a paycheck? Hancock, who represents portions of Tarrant and Dallas counties, said. 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. Notifications can be turned off anytime in the browser settings. If we were part of a federally regulated system, wed probably still be asking for permission to do some of the things weve already implemented in place for this winter. The Electric Reliability Council of Texas' board of directors on Tuesday appointed Brad Jones as interim president and CEO. 1996-2023 Electric Reliability Council of Texas, Inc. All rights reserved. Mr. Rickerson is responsible for guiding new, in-depth generation inspections and coordinating enforcement actions with the Public Utility Commission. He didnt immediately respond to a LinkedIn message. Magnessjoined Ercotin 2010, and hes led the grid operator since 2016. The Electric Reliability Council of Texas Board of Directors has selected Brad Jones to serve as interim president and CEO for the organization that manages the Texas power grid. And that should give Texans hope that they wont have to spend the summer digging survival bunkers and stocking up on batteries and trail mix. Even after it covers some of that debt by using $800 million in revenues from another market, there remains a nearly $1.7 billion deficit. Subsequently, he received an MA in economics from the University of Texas at Arlington in 1991 and an MA in Middle Eastern studies from the University of Texas at Austin in 1995. He is a member of the Board of Directors of the North American Transmission Forum and has served on various committees of NERC. At this point, Jones said there are three components to his trust plan. Jones' appointment is effective May 4, and will last until the position is filled, up to a year, according to ERCOT. She is also responsible for ERCOT Market Rule development and facilitating the ERCOT stakeholder process. However, Magness has told Ercots board he wont seek or accept a severance, according to a statement. Chad V. Seely is Senior Vice President, General Counsel, and Corporate Secretary for ERCOT and has been serving as General Counsel since January 1, 2016. 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. As Vice President of System Planning and Weatherization, Woody Rickerson oversees transmission planning, generator interconnection activities, training, and electric grid operations for the ERCOT region. It should give you great confidence that were managing this grid in a much more reliable way.. Mr. Vegas had profit and loss accountability for NiSources six gas and electric utility companies as well as responsibility for strategy, planning, operations, construction, engineering, regulatory, environmental services, and federal government affairs for NiSource. Greg Abbott. Jones was once Ercots chief operating officer, and is a Texan. Mr. Black began his career in 1990 as a legislative assistant for Representative Tom Craddick in the Texas House of Representatives and later worked for two Texas State Senators. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. We manage the flow of electric power to more than 26 million Texas customers -- representing 90 percent of the state's In that role, he was responsible for managing CPS Energys activities at ERCOT and the Public Utility Commission of Texas (PUC) and developing strategic policy. If we were part of a federally regulated system, wed probably still be asking for permission to do some of the things weve already implemented in place for this winter.. He comes to the Bayou City after Let the Houston Public Media newsroom help you start your day. Get highlights, trending news, and behind-the-scenes insights from Houston Public Media delivered to your inbox each week. Prior to CI, Hannah served as associate editor of The Houstonian, interned with Community Impact Newspaper and spent time writing for the Sam Houston State University College of Fine Arts and Mass Communication and The Huntsville Item. Box 65, Fort Worth, TX 76101, natural gas production in Texas dropped significantly, recommendations from the Federal Energy Regulatory Commission. Brad Jones, UT Arlington alumnus, will be working on ERCOT accountability at the Public Utility Commission of Texas, The Texas Energy Report, KVUE ABC 24 and It crippled oil and gas production, and dozens of people died. April 27, 2021 Updated: April 27, 2021 6:24 p.m. Were bringing on more reserves in various situations where we see cold fronts come through, bringing on board reserves, and keeping those reserves on to make sure that if something unexpected happens, that we have those reserves available, Jones said. The states utilities cant expect a once-in-100-year storm every year, but ERCOT must ensure its ready for the next one, Jones said. More than 400 Texans have filed 170 lawsuits against utility companies and ERCOT over the blackouts that killed hundreds of people over the course of a week. He will lead the grid operator past the February outage crisis and into the crucial summer months at a time when the economy is reawakening and more people are moving to Texas, bumping up demand for electricity. Mrs. Hobbs graduated from Texas A&M University in 1998 with a BS in agribusiness and earned an MSc in agricultural economics from Texas A&M University in 2000. 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. Unlike other states, which are connected to power grids on either the western or eastern side of the country, electricity in Texas is generated and used only within state lines. Resources like these are made possible by the generosity of our community of donors, foundations, and corporate partners. Jones, who worked for Texas energy companies and in senior roles at ERCOT before leading New York states power grid operator as president, takes He spent years developing generation and working with regulators for TXU, and he spent years in top roles at ERCOT. 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. The board of directors gave CEO Bill Magness a 60-day termination notice in early March, weeks after the deadly storm. Jones will assist Adrianne Brandt, the agencys new director, in her new role. When industry insiders were creating the first protocols for the Texas grid operator, veteran energy executive Brad Jones was at the table. Box 13326, Austin, TX 78711-3326 Fax 512-936-7003 News Release Contact: Andrew Barlow March 11, 2021 media@puc.texas.gov Instead, Jones said in an interview with The Dallas Morning News that he will start by rebuilding trust. Better known as ERCOT, the nonprofit organization is responsible for managing the states electricity grid under the supervision of the Public Utility Commission, whose commissioners are appointed by Gov. 05:24. Mr. Black leads the organizations external communications, government affairs, and customer support and oversees communications with Texans, state agencies, and lawmakers. 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.
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