Mr. Rickerson is responsible for guiding new, in-depth generation inspections and coordinating enforcement actions with the Public Utility Commission. 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. 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 On one hand, there have been six times in the past year that using RUCs have enabled the operator to avoid declaring grid emergencies. 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. They took until November to send us a list of recommendations for how to deal with the cold weather from Uri, Jones 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 Their inspectors found 10 potential deficiencies at power plants and six at electric transmission facilities, most of which were resolved. The scene in North Austin on Feb. 16, 2021, following the devastating winter storm. He knows that all potential solutions building more plants, re-regulating the industry, fundamentally changing the market to favor more capacity, building more power lines also present serious challenges. This years storm was far worse, and ERCOT needs to look at weatherization planning. The Electric Reliability Council of Texas (ERCOT) board has selected a new CEO and president. 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. Dr. Tamby has a bachelors degree in electrical engineering from Anna University in India, and masters and doctorate degrees in electrical engineering from Queens University in Canada. Pablo Vegas joined ERCOT in October 2022 as President and CEO. Categories Jones will serve beginning May 4. Jones was once Ercots chief operating officer, and is a Texan. There were a lot of channels, and we simply werent doing a good job, he said of the companys communications efforts during the freeze. 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. RELATED: Terminated ERCOT CEO says he won't seek or accept severance pay. WebPublic Utility Commission of Texas 1701 N. Congress, P.O. Mr. Seely grew up in Irving, Texas, and received Bachelor of Arts degrees in Political Science and French from Texas Tech University in 1999. 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. Senior Vice President, General Counsel and Corporate Secretary. Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New York. He played a key role in the development of ERCOT energy and He graduated from Boston University in 1987 with a BA in international relations. Prior to joining ERCOT, Mr. Seely was an attorney at the Texas Department of Insurance, working on enforcement matters against insurance agents and companies before the State Office of Administrative Hearings (SOAH) and the Commissioner of Insurance. read more. 4:49 PM Mar 11, 2021 CST, 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 news release March 11. 2005-2022 Community Impact Newspaper Co. All rights reserved. Prior to joining ERCOT, she was with Central Maine Power as part of a core team to implement market deregulation in Maine. 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. While Jones was in New York, Gov. Dr. Tamby has more than 25 years of experience in the electric power industry, including about 15 years in leadership roles. Before joining ERCOT, Mr. Taylor spent seven years in the finance department at the Lower Colorado River Authority. He brings the right combination of ERCOT knowledge and broad industry expertise needed to provide the stability and reliability that Texans expect and deserve.. Power move: ERCOT appoints Brad Jones as interim president/CEO in wake of Magness termination by: Russell Falcon. Haley Samsel is the environmental reporter for the Fort Worth Report. At this point, Jones said there are three components to his trust plan. 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. 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. Jones did not address the litigation during the town hall. 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. Before his career in the regulated utility industry, Mr. Vegas served in senior leadership positions with IBM, PricewaterhouseCoopers, and Andersen Consulting. Notifications can be turned off anytime in the browser settings. 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. 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. Trust with electricity companies, trust with lawmakers, and trust, most crucially, with regular Texans. He also worked in various executive-level capacities at TXU Energy, Luminant and parent company Energy Future Holdings.During the 1999 Texas legislative session, he participated in TXUs activities before the Texas Legislature to restructure the electric industry and allow customers to choose their electric suppliers. Elizabeth Souder is commentary and Sunday Opinion editor and a member of the editorial board. Texans can be confident that the grid is more prepared than ever before, he added. The so-called passport program will increase the reliability of renewable energy through battery storage, among other initiatives. ERCOT doesnt have the power to mandate major changes. Hannah covers education, local government, transportation, business, real estate development and nonprofits in these communities. This article was originally published byFort Worth Report. 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. Jones should listen to a range of voices on improving reliability. Jones, who worked for Texas energy companies and in senior roles at ERCOT before leading New York states power grid operator as president, takes (Courtesy Public Utility Commission of Texas), Editor, Spring/Klein & Lake Houston/Humble/Kingwood. 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." 1996-2023 Electric Reliability Council of Texas, Inc. All rights reserved. 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. AUSTIN (CBSDFW.COM) - The Public Utility Commission of Texas today named Adrianne Brandt the agency's new Director of ERCOT, Inc. Magness is leaving as ERCOT faces a $2.5 Prior to working at LCRA, Mr. Taylor was a consultant performing mergers and acquisition advisory services at PricewaterhouseCoopers in New York City. The ERCOT board is deciding which of eight executive search firms that submitted proposals will handle the search for the permanent replacement, the organization said in a release. 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. Creating the original set of protocols that everyone could live with was surely good training for updating those protocols now. Second, he plans to improve communication. TPR was founded by and is supported by our community. Previously, she spent nine years with East Kentucky Power Cooperative in the areas of load forecasting, load research, and market research. AUSTIN, TX On April 27, the ERCOT Board of Directors announced their selection of Brad Jones as the new interim President and CEO, effective May 4, 2021. 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. 1996-2023 Electric Reliability Council of Texas, Inc. All rights reserved. Peter Cramton, who resigned as vice chair of the ERCOT board after the outages, said one of incoming CEO Brad Jones major challenges will be communicating the need to weatherize the supply of natural gas. Esto es lo que necesita saber para esta semana. More than 4 million Texas homes and businesses were without power over several days of bitter cold. State Sen. Kelly Hancock and state Rep. Giovanni Capriglione also answered questions read by County Commissioner Gary Fickes. 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. WebAs of 2022, Brad Joness net worth is $100,000 - $1M. DETAILS BELOW. Mr. Black leads the organizations external communications, government affairs, and customer support and oversees communications with Texans, state agencies, and lawmakers. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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. Prior to joining ERCOT in October 2015, Mr. gelman served as the Director of Energy Market Policy for CPS Energy. He was active with the Texas Reliability Entity, Edison Electric Institute and the FutureGen Industrial Alliance. 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. There is no recent news or activity for this profile. "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. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Vice President and Chief Financial Officer. The industry leader for online information for tax, accounting and finance professionals. Mr. Black also served as the Director of Governmental Affairs for the AEP companies in Texas. Mr. Parakkuth has a masters degree in power systems and power electronics from the Indian Institute of Technology Bombay, and an MBA in information systems and finance from the University of Minnesota. Brad Jones, CEO of New York's main electric grid operator from October 2015 to October 2018, will start his tenure as the president and CEO of ERCOT on May 4, the agency said Tuesday. In addition, Mr. Seely is responsible for the leadership of the Compliance, Cyber Security, Physical Security, Facilities and Information Governance departments. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Dan Woodfin is ERCOTs Vice President of System Operations. Jones comes to ERCOT at a pivotal juncture not just because of the fallout from the winter outages, but also because of a slate of major new programs and market rules designed to modernize the grid. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Contact herby emailor viaTwitter. Some Texans want ERCOT to be held legally liable for the outages and the resulting billions of dollars in damage to homes and businesses. 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