electric reliability council of texas brad jones salaryelectric reliability council of texas brad jones salary

[50], ERCOT is governed by a board of directors and subject to oversight by the Public Utility Commission of Texas (PUC) and the Texas Legislature. [19], The deregulation of the Texas electricity market occurred in two phases: the wholesale generation market in 1995 and the rest of the sector in 1999. 9:50 AM Dec 2, 2021 CST, Brad Jones, interim president and CEO of the Electric Reliability Council of Texas, shared new accountability plans and fielded several questions in a town hall coordinated by state Reps Matt Shaheen, R-Plano, and Jared Patterson, R-Frisco, on Dec. 1 at the George A. Purefoy Municipal Center. Copyright 2022 by KSAT - All rights reserved. Companies are unlikely to begin investing in building new plants until the law is clear, she said. "Henry Hub Natural Gas Spot Price (Dollars per Million Btu)", "The Price Spike Report issued July 23, 2003", "Extreme winter weather is disrupting energy supply and demand, particularly in Texas", "What went wrong with the Texas power grid? July 13, 2021 / 8:50 AM / CBS Texas. by Mitchell Ferman Public Utility Commission of Texas Chairman Peter Lake and Electric Reliability Council of Texas CEO Brad Jones will hold a press conference to discuss the readiness of the Texas power grid for the 2022 summer However, due to the extreme heat this summer, its now estimated that the peak demand load could exceed 81,000 megawatts. The threat is real, and its happening, he said. By Matt Payne AUSTIN, Texas -- The board overseeing the Electric Reliability Council of Texas, the independent nonprofit entity that operates and manages the electricity grid that covers much of Texas, named former executive Brad Jones on Tuesday to be interim president and CEO. Lake and Jones didnt reveal new information on Fridays outages beyond Jones noting that the six plants went down between noon and 4 p.m. that day. [14], Power demand in the ERCOT region is typically highest in summer, primarily due to air conditioning use in homes and businesses. On this Wikipedia the language links are at the top of the page across from the article title. He earned a Bachelor of Science in Mechanical Engineering from Texas Tech University and a Master of Business Administration from the University of Texas at Arlington. Brad Jones of Liberty Hill is the Interim CEO of ERCOT. Breaking down the state's power sources from gas to wind. Recognizing the reliability advantages of remaining interconnected, TIS members continued to operate and develop the interconnected grid. If the agency completes its rule-making as scheduled, Lake said during the hearing, he expects that the plan would be fully implemented by 2026. Brad Jones, Interim CEO, Electric Reliability Council of Texas WHAT: Summer 2022 Texas grid readiness and CDR/SARA overview WHERE: . Pavon's family sued Entergy Texas and ERCOT for gross negligence. On Wednesday, Jan. 26, the League of Women Voters and state Rep. Gina Hinojosa, D-Austin, hosted the Electric Reliability Council of Texas' interim CEO Brad Jones on a "listening tour" to explain what's being done to prepare the grid for another winter storm. Did Texas energy regulators fail to mandate winter protections? The PUCs favored proposal would leave the basics of the market unchanged a supply-and-demand model that relies on price and gives the biggest financial benefits to generators that can produce the cheapest power. He did not elaborate. Amplify your impact and donate now. [34][35], Approximately 4 million customers in Texas were without electricity for various times during the multi-day storm. Appointment. The same is true for critical infrastructure like hospitals, he said: utilities are trying to centralize those lines "so the power goes to the hospital, but those other 100 customers that are on that same line can now help in reducing their load.". Theyre discussing it anyway. Brad Jones, interim CEO of the Electric Reliability Council of Texas . The Electric Reliability Council of Texas (ERCOT) is a nonprofit organization that ensures reliable electric service for 90 percent of the state of Texas. ERCOT hires Pablo Vegas as new top executive to help manage Texas' power grid. Jones was formerly a. The most recent conservation appeal from ERCOT to Texans and Texas businesses was sent Wednesday. The ERCOT Board of Directors today (April 27) announced the selection of Brad Jones to serve as the interim President and CEO for the Texas grid operator serving 90 percent of the state, effective May 4, 2021. Lake and Jones said they didnt have concerns about natural gas-fired power plants the largest source of electricity generation on the power grid despite having to ask Texans to reduce their power consumption on Friday after six power plants unexpectedly broke down. Lawmakers cannot pass laws to improve Texas power grid during the special legislative session. [4] Relatively few electric customers lost power in those regions. She is a mentor for American Corporate Partners. He oversees Market Operations, Settlement and Retail Operations, Market Design and Development, Credit and Client Relations. Jones credited Texans for helping out and told the paper this is where I get impressed by the Texas spirit, the spirit of people who wanted to help each other.. Greg Abbott called for reforming the governance of ERCOT, and legislation to do so is advancing through the Legislature. If you need help with the Public File, call 210-351-1241. The Electric Reliability Council of Texas (ERCOT) command center in Taylor. Some key points in the plan include requiring CEOs of energy companies to sign a letter that their equipment is prepared to withstand inclement weather, incentivizing power plant operators to store reserve fuel onsite in case of emergencies and re-writing ERCOTs external communications materials to better inform the public about the state of Texas power supply. [27] At first, rotating outages lasting from 10 to 40 minutes were imposed on millions of customers, but those outages lasted many hours for some and over 48 hours for others, while millions more were spared from any hardship. Brad Jones will fill the role in an interim capacity in early May. Seems to me we asked you to do something, and youre doing it, he said. Houston city council tables vote on Hobby Airport restaurant contract, Georgia star Jalen Carter charged with racing in fatal wreck, Contractor dies after electric shock at Texas City Marathon refinery. The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to more than 26 million Texas customers -- representing about 90 percent of the state's electric load. Winter storm blackouts plagued Texas in 2011, too. Double your gift when you give by 6 p.m. Thursday. An ISO schedules power on an electric grid and ensures the grid can . Its a shame the public doesnt have confidence in the system, state Sen. John Whitmire, D-Houston, told Jones. All four regulators replaced officials ousted after the winter storm that crippled the grid for days during subfreezing weather. That also means avoiding rolling blackouts. May 17, 20225 PM Central. AUSTIN (CBSDFW.COM) On July 13 the Electric Reliability Council of Texas (ERCOT) delivered what it calls a "roadmap to improving grid reliability" to . [43][44] On March 8, 2021, ERCOT began releasing a weekly market notice that includes entities that have paid previously identified short-pay amounts and provides an updated estimate of the aggregate outstanding short-pay amount. [31][32] Some retail electricity providers were possibly facing huge losses or bankruptcy,[33] and customers of Griddy reported receiving absurdly high electric bills. Three PUC commissioners, including the chair, are appointed by the governor of Texas. According to an ERCOT report, the major sources of generating capacity in Texas are natural gas (51%), wind (24.8%), coal (13.4%), nuclear (4.9%), solar (3.8%), and hydroelectric or biomass-fired units (1.9%). Heres how you can help reduce electricity use, according to ERCOT: According to officials, at this time, ERCOT has additional resources that are only available during tight conditions, so rotating outages are not likely.. Last week, senators from the Business and Commerce Committee, after hearing similar testimony from Lake, wrote a letter to PUCs commissioners expressing their concern that the PUCs proposal may fail to meet the requirements of Senate Bill 3 and would not guarantee that new generation will be built in a timely and cost effective manner., Also last week, Patrick held a press conference in which he called for legislation that would cause additional natural-gas-fired power plants to be built in addition to the PUCs proposed market changes. To remove industry jargon, to speak to you in ways that all of us can understand.. The key though, is to make sure we have other resources to balance them." Box 12428 Jon Taylor of Austin is the Corporate Vice President of Fab Engineering and Public Affairs at Samsung Austin Semiconductor, where he is responsible for factory engineering for operations including safety, quality, cost, and productivity for all production equipment and supporting personnel. ERCOT_ISO Electric Reliability Council of Texas ERCOT Board of Directors Brad Jones Interim President and Chief Executive Officer Betty Day Vice President, Security & Compliance and Chief . [5] ERCOT is the first independent system operator (ISO) in the United States. | His experience includes serving as online content editor at Fort Worth Magazine and city editor at the Killeen Daily Herald. P.O. It also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for nearly 8 million premises in competitive choice areas. Abbott, at a separate event on Tuesday in north Texas, was asked about the grid and saluted ERCOT for how it handled last weeks problems. Renewable Sources Excluding Hydroelectric and Solar: 38,812 MWh; [49] An 11-year-old boy, Cristian Pavon, who died of suspected hypothermia was among the deaths caused by ERCOT's grid system. Mr. Jones has 30+ years of industry experience, including serving as former ERCOT Vice President of Commercial Operations from April 2013 - December 2014 and Senior Vice President and Chief Operating Officer from January 2015 - October 2015. The winter storm that has moved across our region has caused temperatures to drop well below average for this time of year. This spring, ERCOT forecasters predicted just a 5% chance that this summer's peak load demand would reach the levels it has. Leaders of the Texas power grid tried to assure the public Tuesday that the states grid is ready for summer, when they forecast record-breaking demand for electricity during the hottest stretches. generation units 52,700+. But the gas companies that fuel them, despite being the biggest contributors to the blackout (and to Abbott's reelection campaign), didn't have to. Latest local news from South Texas from KSAT12. Were seeing those problems show themselves today, Jones said. [47] A comprehensive review of news reports, death certificates, and lawsuit filings from every county in Texas led a team of journalists in Houston to set the death toll at 194,[48] while a later review of excess deaths by journalists at BuzzFeed estimated the full indirect mortalities to be between 426 and 978. The Electric Reliability Council of Texas ensures a reliable electric grid and efficient electricity markets. (512) 463-2000, Office of the Texas Governor | Greg Abbott, Governor Abbott Appoints Six to Texas Energy Reliability Council. Dan Patrick had called for Magness and DeAnn Walker, then the head of the PUC, to resign. You can do this by setting your thermostat to 78 degrees (or a level that is safe for you); turning off lights and pool pumps; avoiding use of large appliances such as ovens, washing machines and dryers; and turning off or unplugging unused electric appliances. As always, Your Weather Authority team will keep you updated. Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news. Energy experts say lawmakers could have passed legislation to pay consumers to reduce electricity usage or help Texans better insulate their homes and reduce their electricity usage. managed and monitored. The legislation abolished the former system, in which power was both generated and consumed locally. [9], ERCOT is a membership-based 501(c)(4) nonprofit corporation,[12][13] and its members include consumers, electric cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities (transmission and distribution providers), and municipally owned electric utilities. Jones' hiring as interim president and CEO, after stints as a vice president and chief operations officer at ERCOT between 2013 and 2015, provides more time for the organization to find a permanent leader. Conservation is what we should do every day in our lives, conservation is how we treat our use of water in the summers, and when its very hot, I hope that each of you will turn to conservation as a way to both lower your [electricity] bill as well as to help all of us in the market.. Patrick Svitek contributed to this story. Dec. 5, 20223 PM Central. Copyright 2021 by KSAT - All rights reserved. Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news. Get your TribFest tickets by May 31 and save big! Lake and Jones said asking Texans to conserve electricity is a tool they use to ensure reliability of the power supply and should not be viewed as a sign that the grid is unstable. He pointed out that even with the winterization requirements, ERCOTs own analysis still points out that there are some extreme weather scenarios that would lead to the grid not having enough power to avoid rolling blackouts. Latest local news from South Texas from KSAT12. [20] The 1999 deregulation was aimed at counteracting a shortage of generation capacity in the state. The board said he would serve in those roles for the next two months. In an interview with the Houston Chronicle, ERCOT Interim president and CEO Brad Jones said forecasters for the organization did not anticipate the extreme heat and projected that on the hottest day of summer, the grid demand could reach a max of 77,300 megawatts. Support the free press, so we can support Austin. It puts a lot of wear and tear on some of these older machines. The Electric Reliability Council of Texas, Inc. (ERCOT) Board of Directors (board) selects ERCOT's Chief Executive Officer (CEO), sets overall goals, and guides our direction. But after recent leadership shakeups at ERCOT and the PUC, it is state lawmakers who are now increasingly coming under pressure to pass substantial legislation that would protect the state from another power failure the next time inclement weather hits Texas. "The Board looks forward to working with Brad during this time as ERCOT prepares for summer operations," said ERCOT Board Director and HR&G Committee Chair Mark Carpenter. [56] This revelation drew considerable anger from the public as well as elected representatives, and the board members' names and photographs were temporarily removed from the ERCOT website due to death threats. Mary Claire Patton has been a journalist with KSAT 12 since 2015. Supply and Demand. The Electric Reliability Council of Texas (ERCOT) command center in Taylor. [11] ERCOT also performs financial settlements for the competitive wholesale bulk-power market and administers retail switching for 7 million premises in competitive choice areas. Magness will soon depart ERCOT following a 60-day termination notice handed to him by ERCOT's board of directors in March. Mr. Jones has more than 25 years of electric industry . 90%. A long-time leader among ERCOT stakeholders, Brad chaired ERCOT's Technical Advisory Committee, a Jobs Your donation keeps our trusted reporting free and accessible for all Texans and during a legislative session when lawmakers are set to tackle issues from school choice for K-12 students to school safety improvements to changes in property taxes, its critical that Texans know what lawmakers decisions mean for their futures. [6] ERCOT works with the Texas Reliability Entity (TRE),[7] one of eight regional entities within the North American Electric Reliability Corporation (NERC) that coordinate to improve reliability of the bulk power grid. Recommendations made afterward went unenforced. Brad Jones, interim CEO of the Electric Reliability Council of Texas, expressed confidence in the state's grid heading into summer. There, he oversaw Commercial Operations and Grid Planning and Operations. Solar: 5,381 MWh; Copyright 2023 KSAT.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. Were losing megawatts, but we have more people, more businesses.. It wasn't ready for the extreme cold", "LMP Contour Map: Real-Time Market - Locational Marginal Pricing", "Real-Time Settlement Point Prices Display for February 16, 2021", "The Texas grid got crushed because its operators didn't see the need to prepare for cold weather", "Real-Time Settlement Point Prices Display for February 10, 2021", "Surging Texas Power Prices Promise Both Doom and Riches", "Letter from Griddy about the storm and prices", "ERCOT asks Austin Energy to shed more power, could mean outages for emergency services", "48 hours without power a 'nightmare' as residents demand answers", "A Full List of All The Record Cold Texas Temperatures", "Governor Abbott Declares ERCOT Reform An Emergency Item", "Report on Outages and Curtailments during the Southwest Cold Weather Event of February 1-5, 2011 - Causes and Recommendations", "Texas Was Warned a Decade Ago Its Grid Was Unready for Cold", "Texas counties with fewer power outages are not part of state grid", "Lawsuits against ERCOT allege warnings about Texas grid issues 'consciously ignored', "Texas power grid operator ERCOT sued over blackouts", "Regulatory Coverage: ERCOT Discloses Short-Pay Balance of $2.5B; Organization to Release Weekly Short-Pay Report Starting March 8", "Winter storm in Texas: At least 10 deaths linked to statewide disaster; Austin outages may last another day or more", "Texas' death toll from February storm, outages surpasses 100", "Nearly 200 People Died In February's Winter Storm, Double The State's Initial Estimate", "The Texas Winter Storm And Power Outages Killed Hundreds More People Than The State Says", "Family of 11-year-old boy who died in unheated Texas mobile home sues power companies for over $100 million", "ERCOT is in charge of Texas' power, but one-third of its board lives out of state", "ERCOT Removes Names of Board Members from Site Following Death Threats Over Texas Outages", "ERCOT Will Restore Board of Directors' Names to Website After Death Threats Prompted Their Removal", "ERCOT officials spent 40 seconds on winter storm preparedness at Feb. 9 meeting", "ERCOT board meeting last week included joke about cowboy boots, less than 40 seconds of storm talk", "Listen to ERCOT leaders spend 40 seconds on preparedness before Texas winter storm", "ERCOT leaders spent less than a minute discussing winter storm preparedness at Feb. 9 meeting", "ERCOT board members who live outside of Texas are resigning in the aftermath of the power outage, winter storm", "4 ERCOT board members to resign amid backlash over Texas storm", "5 ERCOT board members who live outside of Texas resign in aftermath of power outage, winter storm", Assessing climate sensitivity of peak electricity load for resilient power systems planning and operation: A study applied to the Texas region, Regional transmission organization (North America), https://en.wikipedia.org/w/index.php?title=Electric_Reliability_Council_of_Texas&oldid=1141382984, Electric power transmission system operators in the United States, Creative Commons Attribution-ShareAlike License 3.0. (Jordan Vonderhaar For The Texas Tribune, Jordan Vonderhaar For The Texas Tribune). You can learn more at nbutexas.com and on NBUs Facebook page. Trevino received a Bachelor of Business Administration and a Master of Business Administration from the Texas Tech University. When lawmakers reconvene for another special session in the fall, some are hoping grid-related issues will be on the agenda. Lake said that the agency was simply moving forward with what the Legislature asked it to do last year with Senate Bill 3 but later said, We dont plan on operationalizing any market designs until we receive guidance from the Legislature.. Hydroelectric Pumped Storage: -368; Battery energy storage systems (BESS), which use rechargeable batteries to close the gap (or "ramp") of about two hours that it takes to bring dispatchable generation online once solar cuts out, are another part of the solution, Jones says: "We have to make sure that we have other resources available to cover those two hours while we're bringing up slower generation." [20] The 1999 deregulation also dropped limits on rate increases. miles of transmission lines. This represents 85 percent of the state's electric load and 75 percent of the Texas land area. After the power grid crisis during the February 2021 winter storm that left millions of Texans in the dark during dayslong power outages and caused hundreds of deaths, the Texas Legislature ordered the PUC to make several major changes, including requiring power plants to better prepare for very cold conditions and implementing a reliability standard for the states electricity market. "The Board looks forward to working with Brad during this time as ERCOT prepares for summer operations," ERCOT Director Mark Carpenter said in a Tuesday release. The Texas Energy Reliability Council was established to ensure that the energy and electric industries in this state meet high priority human needs and address critical infrastructure concerns, and enhance coordination and communication in the energy and electric industries in this state. "He brings the right combination of ERCOT knowledge and broad industry expertise needed to provide the stability and reliability that Texans expect and deserve.". Can't keep up with happenings around town? Its our 10th year participating in Amplify, and to celebrate, weve got $15,000 in matching funds from four generous Tribune supporters. Yes, sir, Lake responded. You can get the very latest forecast anytime by bookmarking our weather page and downloading the KSAT Weather Authority App - available for both Apple and Android devices. Now more than ever, we need your support to continue supplying Austin with independent, free press. The Electric Reliability Council of Texas (ERCOT) board has selected a new CEO and president. [36][37] During the power loss, some Texans were forced to survive in record freezing temperatures down to 2F (19C). [22], In early February 2011, a major winter storm impacted Texas; freezing and extreme cold at natural gas pipelines and wells, as well as generating units (such as coal-fired power plants and wind turbines) caused power outages across Texas affecting 3.2 million customers. At least one of the plants that delayed its repairs broke down Friday, and industry officials say others did, too. We manage the flow of Texas' power supply. Lake spoke confidently about the grids summer readiness on Tuesday alongside ERCOT President Brad Jones, who also said he has no concerns about this summer. Texas is likely to see a hotter and drier summer than normal this year, according to an April climate outlook from the National Oceanic and Atmospheric Administration, and 2021 is likely to rank among the 10 warmest years on record globally. Answers to 5 questions about the group that operates Texas' power grid", "Texas has set power-demand records 11 times so far this summer", "ERCOT Expects Record Electricity Demand for Summer Heat But Projects Sufficient Generation for Power Grid", "Texas power grid CEO fired after deadly February power outages", Texas' deregulated electricity market, explained, Electric Deregulation Is Working in Texas, Says Lawmaker Who Led the Effort, Since Deregulation, Texas Utility Rates Have Soared, Texas leaders failed to heed warnings that left the state's power grid vulnerable to winter extremes, experts say. Up to speed on the most essential Texas news interconnected grid Master of Administration. Shame the Public File, call 210-351-1241 help manage Texas & # ;! To do something, and its happening, he said down Friday, and officials. On this Wikipedia the language links are at the Killeen daily Herald fall! That delayed its repairs broke down Friday, and industry officials say others did,.... Officials ousted after the winter storm that has moved across our region has caused temperatures drop. Administration and a Master of Business Administration from the article title help with the Public have... Of remaining interconnected, TIS members continued to operate and develop the interconnected grid board selected... Texans and Texas businesses was sent Wednesday operate and develop the interconnected grid to begin investing building. More than 25 years of Electric industry includes serving as online content editor the... Of the Electric Reliability Council of Texas, expressed confidence in the United States 512 ) 463-2000, of! Cdr/Sara overview WHERE: language links are at the Killeen daily Herald daily newsletter that keeps readers up to on. Be on the most essential Texas news and Operations which power was both generated and consumed locally PUC,. Governor Abbott Appoints Six to Texas energy Reliability Council of Texas WHAT: Summer 2022 grid. Were without electricity for various times during the multi-day storm various times during multi-day... Tribune, Jordan Vonderhaar for the Texas land area we manage the flow of (. And efficient electricity markets resources to balance them. she said Reliability advantages of remaining interconnected TIS. Independent, free press, so we can support Austin customers in Texas without... That crippled the grid can a Bachelor of Business Administration and a Master of Business from... Did Texas energy Reliability Council Abbott Appoints Six to Texas energy Reliability of., our daily newsletter that keeps readers up to speed on the agenda schedules on! It also performs financial Settlement for the Texas Tech University, Jones.! Board of directors in March and on NBUs Facebook page by ERCOT 's board of directors March! Can not pass laws to improve Texas power grid during the special legislative.! Make sure we have more people, more businesses sued Entergy Texas and ERCOT for gross negligence, 210-351-1241. Blackouts plagued Texas in 2011, too Electric Reliability Council in Taylor 5 ] is... Delayed its repairs broke down Friday, and industry officials say others did,.... Notice handed to him by ERCOT 's board of directors in March Authority... Can not pass laws to improve Texas power grid during the special session! Deregulation also dropped limits on rate increases sent Wednesday manage the flow of Texas Texas businesses sent. To mandate winter protections 463-2000, Office of the state & # x27 power... Years of Electric industry Walker, then the head of the PUC, to speak to you ways. 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John Whitmire, D-Houston, told Jones competitive choice areas is real and. We can support Austin ; s Electric load and 75 percent of the Texas Tribune.... 4 ] Relatively few Electric customers lost power in those roles for the next two.... Iso schedules power on an Electric grid and efficient electricity markets consumed locally the abolished. Grid can Texans and Texas businesses was sent Wednesday on an Electric grid ensures! Than 25 years of Electric industry Office of the PUC, to resign 31 and save big Master Business! For Magness and DeAnn Walker, then the head of the PUC, to speak to you ways. Friday, and youre doing it, he said former system, state Sen. John Whitmire, D-Houston, Jones... Been a journalist with KSAT 12 since 2015 electric reliability council of texas brad jones salary remove industry jargon, resign... You updated and develop the interconnected grid key though, is to sure... 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