There were a lot of channels, and we simply werent doing a good job, he said of the companys communications efforts during the freeze. WebIf the problem persists, contact the ERCOT Service Desk at ServiceDesk@ercot.com or 1-866-870-8124. Brad Jones will fill the role in an interim capacity in early May. On one hand, there have been six times in the past year that using RUCs have enabled the operator to avoid declaring grid emergencies. read more. During a cold spell earlier this month, natural gas production in Texas dropped significantly, but ERCOT did not report any significant power outages. While Jones was in New York, Gov. MacKenzie Sigalos. Too bad for New York, because a grid executive who can tether political ambitions to physical reality is an asset. read more. He was an early favorite to replace the embattled CEO and president, Bill Magness, who served in the position for half a decade. Brad Jones, ERCOT's interim CEO, in a statement said he "welcomes these highly qualified leaders, their expertise and insights into our relentless pursuit of grid reliability." During the committee hearings held by state legislators last spring, Hancock said he was disturbed by the clear conflicts of interest on the Public Utility Commission, which regulates telecommunications, water and electric utilities across Texas. Get smart opinions on the topics North Texans care about. Trust with electricity companies, trust with lawmakers, and trust, most crucially, with regular Texans. He earned his bachelors degree in electrical engineering from the Victoria Jubilee Technical Institute, Bombay. Vice President and Chief Information Officer. By Hannah Brol He released a statement following the announcement on Tuesday, saying he would "work to restore ERCOT's reputation as that reliable and trustworthy driver of our grid and the economy.". Then, as the Texas electric market prepared for retail competition, he led several workgroups and committees in the ERCOT market participant forums that created the successful competitive electricity market in Texas. ERCOT Verified account @ERCOT_ISO. Mr. Rickerson brings a considerable amount of electric industry experience to his position, including more than 19 years at ERCOT in various roles. Notifications can be turned off anytime in the browser settings. Previously, Brad was a Director, Information Technol Read More He didnt immediately respond to a LinkedIn message. WebHis previous experience within ERCOT includes serving as Chief of Staff and as Interim Chief Operating Officer. All Rights Reserved. The scene in North Austin on Feb. 16, 2021, following the devastating winter storm. Jones was once Ercots chief operating officer, and is a Texan. Example video title will go here for this video. Once a saver, always a saver: Warren Buffett says generational wealth isnt what it used to be in his annual letter Its bigger than the housing crisis: An influential economist just blamed NIMBYs for American decline, and Elon Musk CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. We're in the process of transitioning services for our Today in Houston newsletter. Magnessjoined Ercotin 2010, and hes led the grid operator since 2016. After so many angry Texans became armchair electricity experts on social media during the February freeze, this state could use some tethering to reality. Some Texans want ERCOT to be held legally liable for the outages and the resulting billions of dollars in damage to homes and businesses. The new ERCOT CEO wants to rebuild your trust in the Texas electricity grid Brad Jones expects to present a 100-day plan within a month. Senior Vice President, General Counsel and Corporate Secretary. Ercots chair and four other directors resigned Feb. 23, while two other board members resigned in the following days. Andrew Cuomo set out an ambitious goal to shift power generation in the state to 50% renewable by 2030. He is a member of the Board of Directors of the North American Transmission Forum and has served on various committees of NERC. Industry veteran Brad Jones is taking over as interim president and CEO of the 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. Updated Peak demand for electricity during the freeze reached nearly 10 megawatts above what ERCOT forecast. DETAILS BELOW. She has over 20 years of experience in the electric industry. His work examines the institutions and policies affecting millions of students and families across Texas, with a focus on Houston home to the largest school district in the state. In her role, Ms. Spak oversees all people functions at ERCOT and develops and oversees strategic human resource planning to provide the company with the best talent while also positioning ERCOT as a premier employer. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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. The plan will put ERCOT on a solid foundation for providing reliable electric service year-round," Jones said in part. At that rate, ERCOT might finally be finished paying for this years outages by the end of the century. In this role, Mr. Woodfin leads Real-Time Operations, Operations Planning, Forecasting and Ancillary Services, Outage Coordination, and other engineering activities that support the reliable operation of the power system and promote efficient power markets. Kenan gelman isERCOTs Vice President of Commercial Operations, overseeing Market Operations, Settlement and Retail Operations, and Market Design and Development. Prior to becoming President and CEO of the New York ISO, Brad served as Senior Vice President and Chief Operations Officer for the Electric Reliability Council of Texas. Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New York. The Commission named Adrianne Brandt director of ERCOT Inc. accountability, and former ERCOT COO Brad Jones will assist her in a consultant role, the PUC said March 11. He was active with the Texas Reliability Entity, Edison Electric Institute and the FutureGen Industrial Alliance. ERCOT doesnt have the power to mandate major changes. He spent years developing generation and working with regulators for TXU, and he spent years in top roles at ERCOT. Clima en Dallas Fort Worth ahora: Desde clima clido hasta fuertes tormentas. To View The Rest of This Article Please Visit kvue.com Instead, Jones said in an interview with The Dallas Morning News that he will start by rebuilding trust. 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. See here for a complete list of exchanges and delays. 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. Mr. Vegas currently serves on the board of directors at Northwest Bancshares, Inc. Mr. Vegas attended the Advanced Management Program at Harvard Business School, completed the AEP Strategic Leadership program at the Ohio State University, and graduated cum laude from the University of Michigan with a BS degree in mechanical engineering. Only three facilities this year failed to meet ERCOTs expectations for winter preparations, Jones told the town hall audience. Jones most recent job was chief executive of the New York Independent System Operator, which, similar to ERCOT, operates the New York state electrical grid. By signing up you agree to our Terms of Service and Privacy Policy, Stand with us in our mission to discover and uncover the story of North Texas, The new ERCOT CEO wants to rebuild your trust in the Texas electricity grid, About half-million North Texans lose extra food benefits, Mall owner backs out of plans for paid parking at D-FW shopping center, D-FW under severe thunderstorm watch until noon as quick-moving storm hits region, Frisco trustee goes to conservative radio to defend transgender harassment accusation, Dallas police chief fires officer accused of inappropriate force, suspends different cop, Sean Menke, CEO of Southlake-based travel tech firm Sabre Corp., stepping down, Eli Lilly cuts insulin prices in move to make diabetes medicine more affordable, Texas urges five big pension funds to cut off financial firms boycotting fossil fuels, Shermans semiconductor hub attracts massive land buy for home development, Marriott fires back at Michael Irvins request for expedited evidence in $100M lawsuit, Mexicos democracy is in danger, and we could all pay the price, Conservative groups target American Airlines racial hiring efforts, NFL owners ask Jerry Jones to broker deal with Dan Snyder on Commanders sale, report says. Jayapal Parakkuth has over 25 years of experience in successfully visualizing, designing, and implementing software solutions to various aspects of power system grid control. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Box 65, Fort Worth, TX 76101, natural gas production in Texas dropped significantly, recommendations from the Federal Energy Regulatory Commission. 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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. 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. 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?. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. P.O. He is currently responsible for the strategic vision, planning, and leadership of the Finance, Human Resources, Enterprise Architecture, Market Rules and Stakeholder Support, Project Management, Strategic Planning, Enterprise Risk Management, Portfolio Management, and Business Continuity functions. 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. 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. The board gave Bill Magness a 60-day termination notice at the beginning of March. The so-called passport program will increase the reliability of renewable energy through battery storage, among other initiatives. 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. He also served as the president and CEO of the New York Independent System Operator from October 2015 to October 2018. Dominic Anthony Walsh covers education & families for Houston Public Media's enterprise team. 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. 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. Second, he plans to improve communication. Read more about our editorial independence policyhere. There is no recent news or activity for this profile. ERCOT and the Public Utility Commission of Texas, the regulator which oversees the grid operator, raised power prices to about 400 times the normal rate over five days. More than 4 million Texas homes and businesses were without power over several days of bitter cold. 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 Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New York. During his time at Siemens, he served as the Lead Architect for delivering mission-critical solutions to ISO/RTOs, like PJM and CAISO. Contact herby emailor viaTwitter. Dominic Anthony Walsh can be reached at Dominic@TPR.org and on Twitter at @_DominicAnthony, Texas Public Radio | 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. They took until November to send us a list of recommendations for how to deal with the cold weather from Uri, Jones said. What I intend to do here at ERCOT is the very same thing, Jones said of his experience in New York. Kristi Hobbs is ERCOTs Vice President of Corporate Strategy and PUC Relations. 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