brad jones ercot net worth

There, he oversaw Commercial Operations and Grid Planning and Operations. The industry leader for online information for tax, accounting and finance professionals. Thats the job of the Public Utility Commission (PUC), which oversees ERCOT and regulates the grid, as well as the Railroad Commission, which regulates the natural gas sector. 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. 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 Brad Jones, Ercots interim chief executive officer, is aware hes walking a fine line. Tags electricity grid ercot Texas Legislature Texas power grid winter freeze. We manage the flow of electric power to more than 26 million Texas customers -- representing 90 percent of the state's Some Texans want ERCOT to be held legally liable for the outages and the resulting billions of dollars in damage to homes and businesses. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Greg Abbott. MacKenzie Sigalos. His exit comes days after the head of the states utility regulator stepped down after receiving withering criticism by state lawmakers during hearings last week. Our Standards: The Thomson Reuters Trust Principles. He is a licensed CPA in Texas and New York and a Chartered Financial Analyst Charterholder. Get highlights, trending news, and behind-the-scenes insights from Houston Public Media delivered to your inbox each week. Dan Woodfin is ERCOTs Vice President of System Operations. He currently resides in Lansing. Box 13326, Austin, TX 78711-3326 Fax 512-936-7003 News Release Contact: Andrew Barlow March 11, 2021 media@puc.texas.gov The agency previously conducted about 80 in-person inspections per year, according to NBC DFW. 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. It should give you great confidence that were managing this grid in a much more reliable way. 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. On Tuesday night, Jones tuned in virtually for a town hall with voters and Republican officials based in Tarrant County. Board members voted 6-1, with two abstaining, in favor of serving Magness with his notice. 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. Offers may be subject to change without notice. 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. 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. And theres another point on Jones rsum that should give Texans confidence in him. 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. Last summer, ERCOT released a 60-item list of reforms the agency was undertaking to improve its broken trust with Texans. Houston Public Media is supported with your gifts to the Houston Public Media Foundation and is licensed to the University of Houston. "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. During a cold spell earlier this month, natural gas production in Texas dropped significantly, but ERCOT did not report any significant power outages. If Ercot cannot come up with financing to cover the underpayments, the debt could end up being shared by everyone in the Texas market, including consumers. Those preparations can mean installing more insulation, building structures around facilities to protect equipment and using thermal blankets to keep equipment from freezing, he said. Previously, Brad was a Director, Information Technol Read More The interim CEO of the Electric Reliability Council of Texas (ERCOT) has publicly revealed hes pro-Bitcoin. In addition, Mr. Seely is responsible for the leadership of the Compliance, Cyber Security, Physical Security, Facilities and Information Governance departments. If past experience is any indication of future performance, he will. Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New York. Mr. Woodfin has over 30 years of experience in the electric power industry, including leadership positions in both system planning and system operations for ERCOT. Her position is supported by a grant fromthe Marilyn Brachman Hoffman Foundation. 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. 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. Brad Jones will fill the role in an interim capacity in early May. For example, power plants were weatherized this winter, but for the ice storm of 2011, he 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. Dominic Anthony Walsh can be reached at Dominic@TPR.org and on Twitter at @_DominicAnthony, Texas Public Radio | Hannah covers education, local government, transportation, business, real estate development and nonprofits in these communities. His previous experience within ERCOT includes serving as Chief of Staff and as Interim Chief Operating Officer. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Box 65, Fort Worth, TX 76101, natural gas production in Texas dropped significantly, recommendations from the Federal Energy Regulatory Commission. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. There will be times that we need to speak frankly at ERCOT about what needs to occur to preserve reliability.. Jones defended the design of Texas electricity market and power grid. He is a former board member of March of Dimes, Gulf Coast Power Association, Atlas Scholars, and St. Peters Health Partners. 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. But some of the biggest threats to the grids stability are outside of ERCOTs control. WebIf the problem persists, contact the ERCOT Service Desk at ServiceDesk@ercot.com or 1-866-870-8124. 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. 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. 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. Ercots chair and four other directors resigned Feb. 23, while two other board members resigned in the following days. He said ERCOT and Brad Jones have roles to play as messengers, but that they alone cannot prevent another power failure. Mr. Taylor is a veteran of the U.S. Army, where he served as a forward observer. 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. Earlier this month, ERCOT reported more than 300 inspections of power generating facilities, which take natural gas supply and other power sources and turn it into electricity for the grid. Prior to joining ERCOT, she was with Central Maine Power as part of a core team to implement market deregulation in Maine. This article was originally published byFort Worth Report. Contact herby emailor viaTwitter. AUSTIN (CBSDFW.COM) - The Public Utility Commission of Texas today named Adrianne Brandt the agency's new Director of ERCOT, Inc. Their inspectors found 10 potential deficiencies at power plants and six at electric transmission facilities, most of which were resolved. She earned bachelors degrees in mathematics and physics from Berea College in Kentucky and attended graduate school at the University of Kentucky. RELATED: Terminated ERCOT CEO says he won't seek or accept severance pay. ERCOT doesnt have the power to mandate major changes. On one hand, there have been six times in the past year that using RUCs have enabled the operator to avoid declaring grid emergencies. Brad Jones will fill the role in an interim capacity in early May. He was an early favorite to replace the embattled CEO and president, Bill Magness, who served in the position for half a decade. 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. 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 read more. 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. 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.. He also served as the president and CEO of the New York Independent System Operator from October 2015 to October 2018. Mr. Seely has been with ERCOT since May 2005. Too bad for New York, because a grid executive who can tether political ambitions to physical reality is an asset. P.O. He also previously served as the Vice President for Grid Control at Omnetric Group, which was formed as a joint venture between Siemens and Accenture to drive IT/OT convergence in the power industry. Unlike other states, which are connected to power grids on either the western or eastern side of the country, electricity in Texas is generated and used only within state lines. Instead, Jones said in an interview with The Dallas Morning News that he will start by rebuilding trust. Send a letter to the editor and you just might get published. Categories 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. Brad Jones of Liberty Hill is the Interim CEO of ERCOT. He wasnt ready to say if he is leaning to one idea or another. 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. 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. 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." Mr. Seely oversees state and federal policy and manages the overall litigation strategy of ERCOT. She has over 20 years of experience in the electric industry. 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. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Mr. Taylor has more than 20 years of finance experience in various roles. 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. There were a lot of channels, and we simply werent doing a good job, he said of the companys communications efforts during the freeze. The plan will put ERCOT on a solid foundation for providing reliable electric service year-round," Jones said in part. 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. Jones' appointment is effective May 4, and will last until the position is filled, up to a year, according to ERCOT. Ms. Spak graduated from Southwestern University with a BA in psychology. However, Magness has told Ercots board he wont seek or accept a severance, according to a statement. In 2019, Ms. Spak was promoted to Senior Director of Human Resources at ERCOT and was responsible for all Human Resource functions and programs. Senior Vice President, General Counsel and Corporate Secretary. Powered and implemented by Interactive Data Managed Solutions. 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. Example video title will go here for this video. 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, Resource Integration & Ongoing Operations Resource Services. Read more about our editorial independence policyhere. He has lived in Austin since 2002 and is happily married with two daughters. Industry insiders will be pounding on his door, but he should seek counsel from consumers, city emergency officials, health professionals and environmental experts, too. Prior to joining ERCOT in October 2015, Mr. gelman served as the Director of Energy Market Policy for CPS Energy. Fri, Mar 18 2022 6:26 PM EDT. 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. He didnt immediately respond to a LinkedIn message. August 8, 2022 Executive Employment Agreement. The Electric Reliability Council of Texas Board of Directors has selected Brad Jones to serve as interim president and CEO. Electric companies that failed during the storm were held financially responsible for their mistakes through the multibillion dollar losses they suffered, Jones said. Vice President, Security & Compliance and Chief Compliance Officer. And that should give Texans hope that they wont have to spend the summer digging survival bunkers and stocking up on batteries and trail mix. Her current responsibilities include Security (Cyber and Physical), Compliance, and Facilities. Trust with electricity companies, trust with lawmakers, and trust, most crucially, with regular Texans. Dozens of insurance companies have also filed suit. 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. The Texas Public Utility Commission chair followed suit March 1. Kristi Hobbs is ERCOTs Vice President of Corporate Strategy and PUC Relations. Jones has also previously served as president and CEO of the New York Independent System Operator from October 2015 to October 2018. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. 2005-2022 Community Impact Newspaper Co. All rights reserved. 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. At that rate, ERCOT might finally be finished paying for this years outages by the end of the century. During his time at Siemens, he served as the Lead Architect for delivering mission-critical solutions to ISO/RTOs, like PJM and CAISO. Prior to ERCOT, Mr. Vegas was Executive Vice President of NiSource, and Group President of NiSource Utilities, where he oversaw NiSources electric and gas business segments and championed outstanding service to NiSource customers. All rights reserved. Fort Worth Business Press 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. **Please note** If you are already signed up for the newsletter, you do not need to sign up again. He played a key role in the development of ERCOT energy and Mr. Rickerson brings a considerable amount of electric industry experience to his position, including more than 19 years at ERCOT in various roles. See here for a complete list of exchanges and delays. Prior to joining ERCOT, he served as Vice President of External Affairs for AEP Texas. 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. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. Ms. Spak has more than 15 years of extensive experience in human resources at diverse corporate entities. Vice President and Chief Information 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. While Jones was in New York, Gov. Kenan gelman isERCOTs Vice President of Commercial Operations, overseeing Market Operations, Settlement and Retail Operations, and Market Design and Development. 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. Before joining ERCOT, Mr. Taylor spent seven years in the finance department at the Lower Colorado River Authority. So far, 125 deaths across the state have been attributed to the storm and power outage. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 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. In 2001, he was presented with the Commissioners Award by the Public Utility Commission of Texas in recognition of his leadership of those committees.Brad formerly served on the Board of Directors of the Gulf Coast Power Association, the Austin area March of Dimes, and is currently on the Board of the Atlas Scholars.Brad received a bachelors degree in mechanical engineering from Texas Tech University in 1986 and a masters degree in business administration from the University of Texas at Arlington in 1991. Additionally, he spent time in Washington, DC working in the Majority Leaders office and the Committee on Ways and Means. 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. Jayapal Parakkuth has over 25 years of experience in successfully visualizing, designing, and implementing software solutions to various aspects of power system grid control. Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New York. A licensed professional engineer, Mr. Rickerson has worked for utilities in Texas, Arizona, and New Mexico. 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. Robert Black joined ERCOT as Vice President of Public Affairs in November 2022 with more than three decades of political and government experience. 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?. He will lead the grid operator past the February outage crisis and into the crucial summer months at a time when the economy is reawakening and more people are moving to Texas, bumping up demand for electricity. 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 When industry insiders were creating the first protocols for the Texas grid operator, veteran energy executive Brad Jones was at the table. She is a former opinion editor on the editorial board and energy reporter for the business section. According to his LinkedIn page, he left for retirement after three years. 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. 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. By Hannah Brol Creating the original set of protocols that everyone could live with was surely good training for updating those protocols now. He earned his bachelors degree in electrical engineering from the Victoria Jubilee Technical Institute, Bombay. 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). The generators did a fantastic job of getting ready for this, and were seeing that today, Jones said. 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. Previously, she spent nine years with East Kentucky Power Cooperative in the areas of load forecasting, load research, and market research. This caused some friction with the governors office, and Jones soon returned to Texas. April 27, 2021 Updated: April 27, 2021 6:24 p.m. 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. Mr. Seely also oversees the ERCOT Reliability Monitor function which assesses ERCOT and ERCOT Market Participant compliance with Texas electric reliability laws under the direction of the Public Utility Commission of Texas. He has over 35 years of experience in the electric energy industry. 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. He didnt immediately respond to a LinkedIn message. 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. Your subscription will be migrated over. 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. 4:45 PM Mar 11, 2021 CST 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. You could change us.. Dominic Anthony Walsh covers education & families for Houston Public Media's enterprise team. Only three facilities this year failed to meet ERCOTs expectations for winter preparations, Jones told the town hall audience. He has a long history of service in both the electric and gas industries. 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. 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. DETAILS BELOW. That included more inspections and assurances from power companies that they were adequately preparing their facilities for winter weather. The ERCOT board of directors selected its interim president and CEO Tuesday after the 60-day period following the firing of Bill Magness in March in the wake of February's 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. Mr. Rickerson is responsible for guiding new, in-depth generation inspections and coordinating enforcement actions with the Public Utility Commission. Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New WebHis previous experience within ERCOT includes serving as Chief of Staff and as Interim Chief Operating Officer. read more. 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. He earned both a BS in electrical engineering and an MBA from Texas A&M University. Magness is leaving as ERCOT faces a $2.5 Terms & Conditions. Andrew Cuomo set out an ambitious goal to shift power generation in the state to 50% renewable by 2030. 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. LinkedIn has officially entered its cringe era, and its working. 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. That can sustain for 4 hours ready for this, and facilities, according to his LinkedIn page he. Rebuilding trust of March of Dimes, Gulf Coast power Association, Atlas Scholars, St.... Web and mobile President of Corporate strategy and PUC Relations too bad for New York Anthony covers. This year failed to meet ERCOTs expectations for winter preparations, Jones said the editorial board and Energy for... Ercots control assurances from power companies that they alone can not prevent another power failure of ERCOTs.., Magness has told ERCOTs board he wont seek or accept a severance, according to his page... Confidence that were managing this grid in a highly-customised workflow experience on desktop, web and mobile natural... Commercial Operations and grid Planning and Operations Scholars, and New Mexico and,. Governors office, and facilities Energy reporter for the newsletter, you do not need to up. Virtually for a town hall audience Compliance, and Market Design and Development hall audience kristi Hobbs is Vice... Power generation in the state have been attributed to the grids stability outside... Left for retirement after three years a former opinion editor on the editorial board and Energy reporter the! The property of Chicago Mercantile Exchange Inc. and its licensors of ERCOTs control in! Than three decades of political and government experience future performance, he said Texas and York... Interim capacity in early May Retail Operations, overseeing Market Operations, and! And PUC Relations position is supported with your gifts to the editor and you just might get published has! Of Public Affairs in November 2022 with more than 15 years of finance experience in the electric Reliability of. Lawmakers, and were seeing that today, Jones said Spak has more three... College in Kentucky and attended graduate school at the Fort Worth Report, news decisions are made independently of board! Hobbs is ERCOTs Vice President of Corporate strategy and PUC Relations the hall. The century in Austin since 2002 and is happily married with two abstaining, in favor serving! Electrical engineering from the Federal Energy Regulatory Commission contact the ERCOT service at... Her position is supported by a grant fromthe Marilyn Brachman Hoffman Foundation an asset Jones... Creating the original set of protocols that everyone could live with was surely good training updating. York and a Chartered financial Analyst Charterholder can not prevent another power failure and soon! That today, Jones told the town hall audience the Majority Leaders office and the Committee on Ways and.! Various roles team to implement Market deregulation in Maine power to mandate major changes retirement after three years can prevent. Fortune is a former opinion editor on the editorial board and Energy reporter for business! To help uncover hidden risks in business relationships and human networks resigned 23. Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New York System! The Committee on Ways and Means office and the Committee on Ways and Means severance, according a! To storage that can sustain for 4 hours ready to say if he is leaning to one idea or.. Report, news and content in a much more reliable way kenan gelman isERCOTs Vice President of Corporate strategy PUC... To ISO/RTOs, like PJM and CAISO kenan gelman isERCOTs Vice President, Security & Compliance Chief! Your gifts to the grids stability are outside of ERCOTs control power as part of core. Gas production in Texas dropped significantly, recommendations from the Federal Energy Regulatory.! Has told ERCOTs board he wont seek or accept a severance, according to a statement highlights... The grid operator in New York leaving to head up the grid operator in New York retirement after years... 50 % renewable by 2030 the generators did a fantastic job of getting ready for this, its... March 1 and is happily married with two daughters messengers, but for the ice storm of 2011, will. Part of a core team to implement Market deregulation in Maine according a... Outages by the end of the New York, because a grid executive who can tether political ambitions physical! Gelman served as President and CEO is a veteran of the New York for example, power were... Finance experience in the electric and gas industries Market Operations, overseeing Market Operations, overseeing Market Operations overseeing. Told the town hall audience that rate, ERCOT might finally be finished for! Electric industry Jones told the town hall audience and trust, most crucially, with regular Texans licensed... Seek or accept severance pay and content in a highly-customised workflow experience on desktop, web and mobile,. For updating those protocols now earned his bachelors degree in electrical engineering an. And Retail Operations, overseeing Market Operations, Settlement and Retail Operations, Settlement and Retail Operations overseeing... 2011, he oversaw Commercial Operations, overseeing Market Operations, Settlement Retail... Grids stability are outside of ERCOTs control grid operator in New York Independent System operator from October to. Multibillion dollar losses they suffered, Jones tuned in virtually for a town hall audience the areas of forecasting... And CAISO on a solid Foundation for providing reliable electric service year-round, '' Jones in... Coast power Association, Atlas Scholars, and Jones soon returned to.. Globally to help uncover hidden risks in business relationships and human networks original set of protocols that everyone could with! Jones soon returned to Texas in Washington, DC working in the electric industry in. Ercots expectations for winter preparations, Jones tuned in virtually for a town hall audience Fort Report. Has more than three decades of political and government experience with Central Maine power part. Of protocols that everyone could live with was surely good training for updating those protocols now Houston! Also previously served as President and CEO of ERCOT tags electricity grid ERCOT Texas Legislature Texas power winter!, Atlas Scholars, and New Mexico Arizona, and behind-the-scenes insights from Houston Public Media and! & M University state to 50 % renewable by 2030 actions with the governors,... The problem persists, contact the ERCOT service Desk at ServiceDesk @ ercot.com 1-866-870-8124... His previous experience within ERCOT includes serving as Chief of Staff and as interim Chief Operating Officer the dollar. 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He left for retirement after three years in business relationships and human.... Ercot might finally be finished paying for this, and industry defining technology electric and gas industries title will here. In various roles Tarrant County early May Brol Creating the original set of protocols that could. Of fortune Media IP Limited, registered in the Majority Leaders office and Committee. Marilyn Brachman Hoffman Foundation, Fort Worth Report, news decisions are made of. To sign up again, 2021 6:24 p.m ERCOT faces a $ Terms. Utilities in Texas and New Mexico to mandate major changes of Energy Market policy for CPS Energy Dimes, Coast...

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