They took until November to send us a list of recommendations for how to deal with the cold weather from Uri, Jones said. Got an opinion about this issue? Vice President, Corporate Strategy and PUC Relations. Tags electricity grid ercot Texas Legislature Texas power grid winter freeze. But some of the biggest threats to the grids stability are outside of ERCOTs control. He is a former board member of March of Dimes, Gulf Coast Power Association, Atlas Scholars, and St. Peters Health Partners. 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. That included more inspections and assurances from power companies that they were adequately preparing their facilities for winter weather. This caused some friction with the governors office, and Jones soon returned to Texas. Electric companies that failed during the storm were held financially responsible for their mistakes through the multibillion dollar losses they suffered, Jones said. 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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. Jones was once Ercots chief operating officer, and is a Texan. Jones will assist Adrianne Brandt, the agencys new director, in her new role. The interim CEO of the Electric Reliability Council of Texas (ERCOT) has publicly revealed hes pro-Bitcoin. 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. See here for a complete list of exchanges and delays. 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. Electricity transmission and distribution providers also need to have plans in place for turning off power intermittently during emergencies so customers can be safer and are not without power for many hours, Jones said. 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. 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. I expect for that plan to be very specific and very aggressive, he said. The generators did a fantastic job of getting ready for this, and were seeing that today, Jones said. Jones has also previously served as president and CEO of the New York Independent System Operator from October 2015 to October 2018. In March 2019, she transitioned to editor of the Spring/Klein edition and later became the editor of both the Spring/Klein and Lake Houston/Humble/Kingwood editions in June 2021. He graduated from South Texas College of Law in 2002 and earned awards in South Texas esteemed advocacy program. She has over 20 years of experience in the electric industry. MacKenzie Sigalos. 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. Businesses are coming here, more people are moving to Texas, so we have to continue to grow, Jones said. 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. 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. Mr. Rickerson is responsible for guiding new, in-depth generation inspections and coordinating enforcement actions with the Public Utility Commission. Mr. Seely has been with ERCOT since May 2005. 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. According to his LinkedIn page, he left for retirement after three years. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Energy Companies With More Than 500 Employees, Energy Companies With Less Than $50M in Revenue (Top 10K), Energy Companies With Less Than $1B in Revenue (Top 10K), Energy Companies With Less Than $10M in Revenue (Top 10K), Energy Companies With More Than $1M in Revenue (Top 10K), Energy Companies With More Than 50 Employees (Top 10K), Energy Companies With More Than 10 Employees (Top 10K), Energy Companies With More Than 100 Employees, Energy Companies With Less Than $500M in Revenue (Top 10K). Too bad for New York, because a grid executive who can tether political ambitions to physical reality is an asset. It should give you great confidence that were managing this grid in a much more reliable way.. He said ERCOT and Brad Jones have roles to play as messengers, but that they alone cannot prevent another power failure. 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. Third is better dialogue on needed technical changes in the power market and ERCOT. All rights reserved. He has over 35 years of experience in the electric energy industry. Senior Vice President and Chief Administrative Officer, Chief of Staff. Mara Spak is Vice President of Human Resources at ERCOT. The development of those rules was really done by a broad group of diverse participants in the marketplace, including consumers, Jones said. 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. Other companies went bankrupt and continue to struggle because their power plants shut down because of the low temperatures, he added. The Texas legislature oversees all of the organizations, and its efforts to mandate weatherization have stalled. There will be times that we need to speak frankly at ERCOT about what needs to occur to preserve reliability.. Robert Black joined ERCOT as Vice President of Public Affairs in November 2022 with more than three decades of political and government experience. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. 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. In addition, Mr. Seely is responsible for the leadership of the Compliance, Cyber Security, Physical Security, Facilities and Information Governance departments. Terms & Conditions. 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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. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. He also served as the president and CEO of the New York Independent System Operator from October 2015 to October 2018. He was an early favorite to replace the embattled CEO and president, Bill Magness, who served in the position for half a decade. The commission is in the process of establishing new bylaws that could alleviate those issues, he added. AUSTIN (CBSDFW.COM) - The Public Utility Commission of Texas today named Adrianne Brandt the agency's new Director of ERCOT, Inc. 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. Mr. Black leads the organizations external communications, government affairs, and customer support and oversees communications with Texans, state agencies, and lawmakers. The Electric Reliability Council of Texas hired an old hand as its interim chief executive. Vice President and Chief Information Officer. Vice President and Chief Financial Officer. 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. 2005-2022 Community Impact Newspaper Co. All rights reserved. Ercots chair and four other directors resigned Feb. 23, while two other board members resigned in the following days. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. 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. Esto es lo que necesita saber para esta semana. Vice President, System Planning and Weatherization. He didnt immediately respond to a LinkedIn message. Mr. Rickerson brings a considerable amount of electric industry experience to his position, including more than 19 years at ERCOT in various roles. It was championed by Magness, who is leaving just as the first stages are rolled out. First, he said, ERCOT needs stabilizing, the company itself and the market participants. 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.. Peak demand for electricity during the freeze reached nearly 10 megawatts above what ERCOT forecast. 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. 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. He acknowledged that the matter of $3 billion in unpaid bills for power market trades will need to be settled. 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 Prior to working at LCRA, Mr. Taylor was a consultant performing mergers and acquisition advisory services at PricewaterhouseCoopers in New York City. Mr. Taylor has a BBA from the University of Michigan. Jones has been to many rodeos. 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. Brad Jones Summary Overview CB Rank (Person) 23,869 Primary Job Title Senior Vice President and Chief Operations Officer Primary Organization ERCOT Gender This article was originally published byFort Worth Report. Jones should listen to a range of voices on improving reliability. A licensed professional engineer, Mr. Rickerson has worked for utilities in Texas, Arizona, and New Mexico. So far, 125 deaths across the state have been attributed to the storm and power outage. All Rights Reserved. Magnessjoined Ercotin 2010, and hes led the grid operator since 2016. Magness will continue to serve as CEO and work with state leaders and regulators on potential reforms while Ercots board conducts a search for a replacement, according to the notice to staff and contractors. Haley Samsel is the environmental reporter for the Fort Worth Report. 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. 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. Jones has also The Electric Reliability Council of Texas (ERCOT) board has selected a new CEO and president. Industry insiders will be pounding on his door, but he should seek counsel from consumers, city emergency officials, health professionals and environmental experts, too. This years storm was far worse, and ERCOT needs to look at weatherization planning. 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. 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. We manage the flow of electric power to more than 26 million Texas customers -- representing 90 percent of the state's Prior to joining ERCOT in October 2015, Mr. gelman served as the Director of Energy Market Policy for CPS Energy. Updated The board gave Bill Magness a 60-day termination notice at the beginning of March. 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 He was active with the Texas Reliability Entity, Edison Electric Institute and the FutureGen Industrial Alliance. Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Total number of current Jobs the person has, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, Senior Vice President and Chief Operations Officer. 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. Offers may be subject to change without notice. He comes to the Bayou City after Let the Houston Public Media newsroom help you start your day. He spent years developing generation and working with regulators for TXU, and he spent years in top roles at ERCOT. Jayapal Parakkuth has over 25 years of experience in successfully visualizing, designing, and implementing software solutions to various aspects of power system grid control. He plans to do this by talking to electricity companies, regulators and lawmakers to understand what they need, and, in the next month, presenting a 100-day plan. He has lived in Austin since 2002 and is happily married with two daughters. Because Texas is independent, state leaders can also move with more speed to craft reforms and implement them without waiting for recommendations from the Federal Energy Regulatory Commission, Jones said. 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. However, Magness has told Ercots board he wont seek or accept a severance, according to a statement. 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 See here for a complete list of exchanges and delays. 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. Mr. Black holds a bachelors degree from the University of Texas at San Antonio. 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. The scene in North Austin on Feb. 16, 2021, following the devastating winter storm. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. 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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. Clima en Dallas Fort Worth ahora: Desde clima clido hasta fuertes tormentas. Dan Woodfin is ERCOTs Vice President of System Operations. 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. 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. And theres another point on Jones rsum that should give Texans confidence in him. Brad Jones, Ercots interim chief executive officer, is aware hes walking a fine line. Heightened risk individual and entities globally to help uncover hidden risks in relationships. And were seeing that today, Jones said the environmental reporter for the Worth. Confidence in him ERCOT since May 2005 here, more people are moving to Texas and coordinating enforcement with. Texas power grid winter freeze Let the Houston Public Media newsroom help brad jones ercot net worth... 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