Robert Black joined ERCOT as Vice President of Public Affairs in November 2022 with more than three decades of political and government experience. Texans can be confident that the grid is more prepared than ever before, he added. ERCOT Verified account @ERCOT_ISO. Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New York. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. The industry leader for online information for tax, accounting and finance professionals. Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New Were going to have all new board members, theyre going to meet a certain criteria, theyre going to be able to make tough decisions on the spur of the moment.. 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. There is no recent news or activity for this profile. Previously, Mr. gelman worked as a Senior Economist for the Texas Office of Public Utility Counsel, which represents residential electric consumers in Texas, from 1997 to 2007. Got an opinion about this issue? 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 Box 65, Fort Worth, TX 76101, natural gas production in Texas dropped significantly, recommendations from the Federal Energy Regulatory Commission. 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. Get smart opinions on the topics North Texans care about. See here for a complete list of exchanges and delays. Vice President, Corporate Strategy and PUC Relations. Powered and implemented by Interactive Data Managed Solutions. Last summer, ERCOT released a 60-item list of reforms the agency was undertaking to improve its broken trust with Texans. First, he said, ERCOT needs stabilizing, the company itself and the market participants. Jones responded that meeting this goal would require an enormous investment in 1,000 miles of transmission lines, which could take many years to build. There were a lot of channels, and we simply werent doing a good job, he said of the companys communications efforts during the freeze. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. At this point, Jones said there are three components to his trust plan. The Electric Reliability Council of Texas Board of Directors has selected Brad Jones to serve as interim president and CEO. 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. 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. Mr. Seely grew up in Irving, Texas, and received Bachelor of Arts degrees in Political Science and French from Texas Tech University in 1999. And he said an important component of better communications is better relationships with the Public Utility Commission, the Texas Division of Emergency Management, the Railroad Commission, which regulates production of natural gas often used in power generation, and others. It crippled oil and gas production, and dozens of people died. He has lived in Austin since 2002 and is happily married with two daughters. 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. Texas Governor Greg Abbott had called for board members and other leaders to step down in the wake of the crisis. The interim CEO of the Electric Reliability Council of Texas (ERCOT) has publicly revealed hes pro-Bitcoin. 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. Offers may be subject to change without notice. Their inspectors found 10 potential deficiencies at power plants and six at electric transmission facilities, most of which were resolved. The board of directors gave CEO Bill Magness a 60-day termination notice in early March, weeks after the deadly storm. April 27, 2021 Updated: April 27, 2021 6:24 p.m. Join others and make your gift to Houston Public Media today. 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. His previous experience within ERCOT includes serving as Chief of Staff and as Interim Chief Operating Officer. He is a member of the Board of Directors of the North American Transmission Forum and has served on various committees of NERC. 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." The Electric Reliability Council of Texas' board of directors on Tuesday appointed Brad Jones as interim president and CEO. Why would a CEO in his 50s retire? He played a key role in the development of ERCOT energy and 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. Find the full series here: Keeping the Lights On. At least 111 Texans died as a result of the disaster, according to numbers released in March by the Department of State Health Services. What I intend to do here at ERCOT is the very same thing, Jones said of his experience in New York. She earned bachelors degrees in mathematics and physics from Berea College in Kentucky and attended graduate school at the University of Kentucky. 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.". At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. His experience with the electric industry in the United States and Canada, as well as Kosovo, Afghanistan, and sub-Saharan Africa, has provided Dr. Tamby with broad leadership and technical experience, including system operations, market design and implementation, enterprise architecture, and international development and corporate management. 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 will fill the role in an interim capacity in early May. Mara Spak is Vice President of Human Resources at ERCOT. Brad Jones Summary Overview CB Rank (Person) 23,869 Primary Job Title Senior Vice President and Chief Operations Officer Primary Organization ERCOT Gender And theres another point on Jones rsum that should give Texans confidence in him. Mr. Seely oversees state and federal policy and manages the overall litigation strategy of ERCOT. Brad Jones, Ercots interim chief executive officer, is aware hes walking a fine line. All of those members lived out of state, records show. Resources like these are made possible by the generosity of our community of donors, foundations, and corporate partners. 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. 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. 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. Jones should listen to a range of voices on improving reliability. WebPublic Utility Commission of Texas 1701 N. Congress, P.O. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 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 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. Trust with electricity companies, trust with lawmakers, and trust, most crucially, with regular Texans. DETAILS BELOW. 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. 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. When industry insiders were creating the first protocols for the Texas grid operator, veteran energy executive Brad Jones was at the table. Other companies went bankrupt and continue to struggle because their power plants shut down because of the low temperatures, he added. Terms & Conditions. 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. There, he oversaw Commercial Operations and Grid Planning and Operations. 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. 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. 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. 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. 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. 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. P.O. During his time at Siemens, he served as the Lead Architect for delivering mission-critical solutions to ISO/RTOs, like PJM and CAISO. The board gave Bill Magness a 60-day termination notice at the beginning of March. They resigned because legislatively, we said, heres what were going to do. 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. Categories Mrs. Hobbs joined ERCOT in 2002 after serving for two years as a Senior Retail Market Analyst for the PUCT,where she worked with the Commission to implement policy in the Texas electric industrys transition to competition. 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. Novavax Inc's shares plunged 28% in U.S. early trading on Wednesday, a day after the COVID-19 vaccine maker raised doubts about its ability to remain in business. Only three facilities this year failed to meet ERCOTs expectations for winter preparations, Jones told the town hall audience. 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. In an effort to rebuild trust following the near-collapse of Texas power grid during last Februarys winter storm, Jones has traveled across the state to hold listening sessions everywhere from Odessa to Frisco. They took until November to send us a list of recommendations for how to deal with the cold weather from Uri, Jones said. Before joining ERCOT, Mr. Taylor spent seven years in the finance department at the Lower Colorado River Authority. 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. All Rights Reserved. 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. MacKenzie Sigalos. To View The Rest of This Article Please Visit kvue.com Additionally, he spent time in Washington, DC working in the Majority Leaders office and the Committee on Ways and Means. 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. Dr. Tamby has more than 25 years of experience in the electric power industry, including about 15 years in leadership roles. 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. Dow and X-energy to build U.S. Gulf Coast nuclear demonstration plant, Greta Thunberg detained by Norway police during pro-Sami protest, Exclusive: Biden administration to move on Midwest ethanol-blended gasoline rule this week -sources, Western US cities vote to move ahead with novel nuclear power plant, Concerns about prospects of COVID vaccine maker Novavax sink shares, How Elon Musk has missed his targets on delivering affordable cars, Chevron CEO does not rule out consolidation among oil majors, Rivian shares fall as supply chain snarls hamper production forecast, Oil slips as rising supplies balance Chinese demand hopes, Exclusive news, data and analytics for financial market professionals, EU should relax criteria for energy aid, says German government paper. 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. Jones was elected to serve until the position has been permanently filled, up to a term of one year, effective May 4, the Electric Reliability Council of Texas board said in an emailed statement. Mr. Taylor is a veteran of the U.S. Army, where he served as a forward observer. LinkedIn has officially entered its cringe era, and its working. On one hand, there have been six times in the past year that using RUCs have enabled the operator to avoid declaring grid emergencies. 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. ERCOT ousted Bill Magness as CEO in March after a February winter storm caused widespread blackouts across Texas, a state unaccustomed to extreme cold, leaving residents without heat, power or water for days. 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. The agency is also focusing on improving its communications so that customers get a single message and not four or five messages that are conflicting from their energy provider and the state, he said. 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. Magness is leaving as ERCOT faces a $2.5 See here for a complete list of exchanges and delays. Jones has been to many rodeos. We're in the process of transitioning services for our Today in Houston newsletter. He earned his bachelors degree in electrical engineering from the Victoria Jubilee Technical Institute, Bombay. Vice President and Chief Financial Officer. During a cold spell earlier this month, natural gas production in Texas dropped significantly, but ERCOT did not report any significant power outages. 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. Magness is being terminated without cause, a spokesperson said, making him eligible for a severance of one-years current salary, according to his employment agreement. However, Magness has told Ercots board he wont seek or accept a severance, according to a statement. The development of those rules was really done by a broad group of diverse participants in the marketplace, including consumers, Jones said. Too bad for New York, because a grid executive who can tether political ambitions to physical reality is an asset. Board members voted 6-1, with two abstaining, in favor of serving Magness with his notice. But some of the biggest threats to the grids stability are outside of ERCOTs control. AUSTIN (CBSDFW.COM) - The Public Utility Commission of Texas today named Adrianne Brandt the agency's new Director of ERCOT, Inc. Dominic Anthony Walsh covers education & families for Houston Public Media's enterprise team. Elizabeth Souder is commentary and Sunday Opinion editor and a member of the editorial board. I expect for that plan to be very specific and very aggressive, he said. Haley Samsel is the environmental reporter for the Fort Worth Report. WebAs of 2022, Brad Joness net worth is $100,000 - $1M. 05:24. According to the release, Brandt will be assisted by fellow Texan Brad Jones, who previously served as chief operations officer of ERCOT. So far, 125 deaths across the state have been attributed to the storm and power outage. Fri, Mar 18 2022 6:26 PM EDT. 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. Vice President and Chief Information Officer. Enough jargon, he said, we have to speak in very clear terms.. At that rate, ERCOT might finally be finished paying for this years outages by the end of the century. 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. 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. 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, the interim chief executive of the Electric Reliability Council of Texas, has been a busy man since taking over the troubled agency last May. He acknowledged that the matter of $3 billion in unpaid bills for power market trades will need to be settled. He didnt immediately respond to a LinkedIn message. Elizabeth is an editor on the breaking news desk. Dominic Anthony Walsh can be reached at Dominic@TPR.org and on Twitter at @_DominicAnthony, Texas Public Radio | He is a former board member of March of Dimes, Gulf Coast Power Association, Atlas Scholars, and St. Peters Health Partners. The generators did a fantastic job of getting ready for this, and were seeing that today, Jones said. Posted: Apr 27, 2021 / 02:41 PM CDT. Jeyant Tamby serves as ERCOTs Chief Administrative Officer and Chief of Staff. Example video title will go here for this video. Tags electricity grid ercot Texas Legislature Texas power grid winter freeze. 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. March 11, 2021 / 3:16 PM / CBS DFW. A licensed professional engineer, Mr. Rickerson has worked for utilities in Texas, Arizona, and New Mexico. Mr. Seely has been with ERCOT since May 2005. 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. 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, Security & Compliance and Chief Compliance Officer. Bill Magness, chief executive officer of the Texas power grid operator, will leave his post in the wake of the February energy crisis that left millions of people in the state without electricity and heat for days. 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. This years storm was far worse, and ERCOT needs to look at weatherization planning. Before joining AEP, Mr. Black served as Texas Governor Rick Perrys Press Secretary and Communications Director from 2003-2008, and also worked as a Senior Communications Advisor for Greg Abbott during his 2002 and 2014 campaigns, respectively. 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. He wasnt ready to say if he is leaning to one idea or another. Betty Day was named Vice President of Security & Compliance and Chief Compliance Officer in 2019 after serving in various executive roles since 2011. Power move: ERCOT appoints Brad Jones as interim president/CEO in wake of Magness termination by: Russell Falcon. He didnt immediately respond to a LinkedIn message. ERCOT doesnt have the power to mandate major changes. 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. Jayapal Parakkuth has over 25 years of experience in successfully visualizing, designing, and implementing software solutions to various aspects of power system grid control. Brad Jones will fill the role in an interim capacity in early May. 1996-2023 Electric Reliability Council of Texas, Inc. All rights reserved. This article was originally published byFort Worth Report. He graduated from South Texas College of Law in 2002 and earned awards in South Texas esteemed advocacy program. Ms. Day joined ERCOT in 2000 and has more than 30 years of experience in the electric power industry. Andrew Cuomo set out an ambitious goal to shift power generation in the state to 50% renewable by 2030. He graduated from Boston University in 1987 with a BA in international relations. It was championed by Magness, who is leaving just as the first stages are rolled out. 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. I commend the ERCOT Board for confirming a leader of Brads caliber as interim CEO, said PUC Chairman Peter Lake in a release statement. Lake and interim ERCOT CEO Brad Jones have been routinely describing the procurement of massive amounts of reserve capacity, even when they arent needed, as conservative. (now worth $600-$800 million per year) to storage that can sustain for 4 hours. 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. Brad Jones will fill the role in an interim capacity in early May. Brad Jones of Liberty Hill is the Interim CEO of ERCOT. Box 13326, Austin, TX 78711-3326 Fax 512-936-7003 News Release Contact: Andrew Barlow March 11, 2021 media@puc.texas.gov Prior to joining ERCOT in October 2015, Mr. gelman served as the Director of Energy Market Policy for CPS Energy. Unfortunately, he said, ERCOTs push for affordability over reliability finally caught up to it in February 2021. It should give you great confidence that were managing this grid in a much more reliable way.. The Texas Public Utility Commission chair followed suit March 1. Her position is supported by a grant fromthe Marilyn Brachman Hoffman Foundation. Mr. Rickerson is responsible for guiding new, in-depth generation inspections and coordinating enforcement actions with the Public Utility Commission. Mr. Taylor has a BBA from the University of Michigan. 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. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. 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