Brad Jones will fill the role in an interim capacity in early May. 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. Other companies went bankrupt and continue to struggle because their power plants shut down because of the low temperatures, he added. Her position is supported by a grant fromthe Marilyn Brachman Hoffman Foundation. 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. Brad Jones, interim CEO of ERCOT, explains how the power grid partners with crypto mining facilities within Texas to manage energy demand. Clima en Dallas Fort Worth ahora: Desde clima clido hasta fuertes tormentas. Jones will serve beginning May 4. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. 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. He has a long history of service in both the electric and gas industries. He is currently responsible for the strategic vision, planning, and leadership of the Finance, Human Resources, Enterprise Architecture, Market Rules and Stakeholder Support, Project Management, Strategic Planning, Enterprise Risk Management, Portfolio Management, and Business Continuity functions. Death toll from Texas winter storms rises once more to 125 people, D-FW victims now total 12, Terminated ERCOT CEO says he won't seek or accept severance pay, Its all connected: How Februarys power outages knocked out natural gas wells, Simple fix to prevent future electric outages has yet to be mandated by the Texas legislature, Sen. Cornyn and Rep. Johnson introduce bipartisan bill to strengthen, winterize Texas power grid. It should give you great confidence that were managing this grid in a much more reliable way.. 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. Mr. Rickerson brings a considerable amount of electric industry experience to his position, including more than 19 years at ERCOT in various roles. There is no recent news or activity for this profile. Their inspectors found 10 potential deficiencies at power plants and six at electric transmission facilities, most of which were resolved. 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." 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 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. All quotes delayed a minimum of 15 minutes. 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. 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. Resources like these are made possible by the generosity of our community of donors, foundations, and corporate partners. 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. Prior to working at LCRA, Mr. Taylor was a consultant performing mergers and acquisition advisory services at PricewaterhouseCoopers in New York City. Prior to joining ERCOT, she worked in hi-tech and healthcare industries. However, Magness has told Ercots board he wont seek or accept a severance, according to a statement. Jones defended the design of Texas electricity market and power grid. 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. After so many angry Texans became armchair electricity experts on social media during the February freeze, this state could use some tethering to reality. He is a licensed CPA in Texas and New York and a Chartered Financial Analyst Charterholder. The scene in North Austin on Feb. 16, 2021, following the devastating winter storm. There will be times that we need to speak frankly at ERCOT about what needs to occur to preserve reliability.. 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. Betty Day was named Vice President of Security & Compliance and Chief Compliance Officer in 2019 after serving in various executive roles since 2011. 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. Dominic Anthony Walsh can be reached at Dominic@TPR.org and on Twitter at @_DominicAnthony, Texas Public Radio | Jones has been to many rodeos. Box 13326, Austin, TX 78711-3326 Fax 512-936-7003 News Release Contact: Andrew Barlow March 11, 2021 media@puc.texas.gov Mr. Black also served as the Director of Governmental Affairs for the AEP companies in Texas. Andrew Cuomo set out an ambitious goal to shift power generation in the state to 50% renewable by 2030. 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. Senior Vice President and Chief Administrative Officer, Chief of Staff. Mr. gelman served as Chairman of the ERCOT Technical Advisory Committee from 2011 to 2013. Your subscription will be migrated over. It should give you great confidence that were managing this grid in a much more reliable way. Jones, who worked for Texas energy companies and in senior roles at ERCOT before leading New York states power grid operator as president, takes Third is better dialogue on needed technical changes in the power market and ERCOT. 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. Haley Samsel is the environmental reporter for the Fort Worth Report. 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. Vice President and Chief Information Officer. 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. Elizabeth is an editor on the breaking news desk. April 27 (Reuters) - The board of ERCOT said on Tuesday that Brad Jones has been elected to serve as interim president and chief executive officer for the Texas "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. Mr. Black holds a bachelors degree from the University of Texas at San Antonio. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. So far, 125 deaths across the state have been attributed to the storm and power outage. Categories Greg Abbott. Last summer, ERCOT released a 60-item list of reforms the agency was undertaking to improve its broken trust with Texans. 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. The Electric Reliability Council of Texas hired an old hand as its interim chief executive. Brad Jones, Ercots interim chief executive officer, is aware hes walking a fine line. Notifications can be turned off anytime in the browser settings. 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. Jones was once Ercots chief operating officer, and is a Texan. Contact herby emailor viaTwitter. Brad Jones Summary Overview CB Rank (Person) 23,869 Primary Job Title Senior Vice President and Chief Operations Officer Primary Organization ERCOT Gender He wasnt ready to say if he is leaning to one idea or another. Why would a CEO in his 50s retire? Mr. Taylor has a BBA from the University of Michigan. It crippled oil and gas production, and dozens of people died. 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. 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 of Liberty Hill is the Interim CEO of ERCOT. Jones has also previously served as president and CEO of the New York Independent System Operator from October 2015 to October 2018. Texas Governor Greg Abbott had called for board members and other leaders to step down in the wake of the crisis. 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. ERCOT doesnt have the power to mandate major changes. 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. 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. All Rights Reserved. According to the release, Brandt will be assisted by fellow Texan Brad Jones, who previously served as chief operations officer of ERCOT. 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. He earned both a BS in electrical engineering and an MBA from Texas A&M University. Jayapal Parakkuth has over 25 years of experience in successfully visualizing, designing, and implementing software solutions to various aspects of power system grid control. You could change us.. 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. 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. He currently resides in Lansing. Get highlights, trending news, and behind-the-scenes insights from Houston Public Media delivered to your inbox each week. He was active with the Texas Reliability Entity, Edison Electric Institute and the FutureGen Industrial Alliance. DETAILS BELOW. Brad Jones will fill the role in an interim capacity in early May. 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. Additionally, he spent time in Washington, DC working in the Majority Leaders office and the Committee on Ways and Means. The Electric Reliability Council of Texas (ERCOT) board has selected a new CEO and president. At least 111 Texans died as a result of the disaster, according to numbers released in March by the Department of State Health Services. Mr. Taylor has more than 20 years of finance experience in various roles. Prior to joining ERCOT in 2003, he led various generation and transmission planning activities at Central and Southwest Services, Reliant Energy, and West Texas Utilities. The industry leader for online information for tax, accounting and finance professionals. Brad Jones (born April 1, 1986) is famous for being football player. 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. Robert Black joined ERCOT as Vice President of Public Affairs in November 2022 with more than three decades of political and government experience. At this point, Jones said there are three components to his trust plan. TPR was founded by and is supported by our community. 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. Only three facilities this year failed to meet ERCOTs expectations for winter preparations, Jones told the town hall audience. 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 will fill the role in an interim capacity in early May. Magness is leaving the Electric Reliability Council of Texas after the board voted to terminate his employment and gave him a 60-day term notice, according to a notice to Ercot staff and contractors seen by Bloomberg News. All of those members lived out of state, records show. Prior to joining ERCOT in October 2015, Mr. gelman served as the Director of Energy Market Policy for CPS Energy. MacKenzie Sigalos. Other, larger grids are not necessarily immune to issues, Capriglione added, pointing to Californias Pacific Gas & Electric, which has been blamed for more than 30 wildfires and faced a number of criminal charges. 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. August 8, 2022 Executive Employment Agreement. 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. Dr. Tamby has more than 25 years of experience in the electric power industry, including about 15 years in leadership roles. Industry insiders will be pounding on his door, but he should seek counsel from consumers, city emergency officials, health professionals and environmental experts, too. Posted: Apr 27, 2021 / 02:41 PM CDT. Before his career in the regulated utility industry, Mr. Vegas served in senior leadership positions with IBM, PricewaterhouseCoopers, and Andersen Consulting. The ERCOT board is deciding which of eight executive search firms that submitted proposals will handle the search for the permanent replacement, the organization said in a release. If you'd like to sign up now, fill out the form below and we will add you as soon as we finish the transition. Hannah joined Community Impact Newspaper as a reporter in May 2016 after graduating with a degree in journalism from Sam Houston State University in Huntsville, Texas. Below the Waterlines: Houston After Hurricane Harvey, This story originally appeared on Texas Public Radio, A plan to overhaul the Texas grid has set up a showdown at the state Capitol, State regulators approve controversial Texas electricity market reform, State agency that oversees Texas power grid needs more money to do its job, Sunset Commission finds, Decembers freeze highlighted ongoing weaknesses of Texas power grid, even without widespread blackouts, Santa Fe High School shooter remains mentally incompetent to stand trial, further dragging on 5-year-old case, Santa Fe shooting survivor Trey Louis tugs at judges heartstrings on American Idol, Houston remains one of the most affordable big cities in the U.S., even if it no longer feels like it, Bun B announces part of RodeoHouston Southern Takeover lineup, DPS sent at least 3,000 drivers licenses to organized crime group targeting Asian Texans, As Texas STAAR test goes fully online, teachers feel defeated, Texas Education Agency projects confidence, No accountability: Kids in special education are routinely restrained. Jeyant Tamby serves as ERCOTs Chief Administrative Officer and Chief of Staff. 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. Board members voted 6-1, with two abstaining, in favor of serving Magness with his notice. 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 Elizabeth Souder is commentary and Sunday Opinion editor and a member of the editorial board. In 2019, Ms. Spak was promoted to Senior Director of Human Resources at ERCOT and was responsible for all Human Resource functions and programs. 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. The interim CEO of the Electric Reliability Council of Texas (ERCOT) has publicly revealed hes pro-Bitcoin. Mr. Seely has been with ERCOT since May 2005. WebHis previous experience within ERCOT includes serving as Chief of Staff and as Interim Chief Operating Officer. Second, he plans to improve communication. Send a letter to the editor and you just might get published. Ms. Spak graduated from Southwestern University with a BA in psychology. The commission is in the process of establishing new bylaws that could alleviate those issues, he added. Ms. Spak has more than 15 years of extensive experience in human resources at diverse corporate entities. RELATED: Death toll from Texas winter storms rises once more to 125 people, D-FW victims now total 12. Prior to joining ERCOT, he served as Vice President of External Affairs for AEP Texas. Box 65, Fort Worth, TX 76101, natural gas production in Texas dropped significantly, recommendations from the Federal Energy Regulatory Commission. 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. Senior Vice President, General Counsel and Corporate Secretary. In a press release, ERCOT said Jones will serve in the position for up to a year while the board searches for a permanent replacement. The Texas legislature oversees all of the organizations, and its efforts to mandate weatherization have stalled. 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. 05:24. 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