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. If we were part of a federally regulated system, wed probably still be asking for permission to do some of the things weve already implemented in place for this winter.. Get smart opinions on the topics North Texans care about. 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. Jones has also He played a key role in the development of ERCOT energy and market systems, as well as risk management and strategic planning. Enough jargon, he said, we have to speak in very clear terms.. 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. She earned bachelors degrees in mathematics and physics from Berea College in Kentucky and attended graduate school at the University of Kentucky. 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. Mr. gelman served as Chairman of the ERCOT Technical Advisory Committee from 2011 to 2013. On one hand, there have been six times in the past year that using RUCs have enabled the operator to avoid declaring grid emergencies. But some of the biggest threats to the grids stability are outside of ERCOTs control. Posted: Apr 27, 2021 / 02:41 PM CDT. 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. All quotes delayed a minimum of 15 minutes. Dominic Anthony Walsh covers education & families for Houston Public Media's enterprise team. 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. She is also responsible for ERCOT Market Rule development and facilitating the ERCOT stakeholder process. Even after it covers some of that debt by using $800 million in revenues from another market, there remains a nearly $1.7 billion deficit. Prior to joining ERCOT, she was with Central Maine Power as part of a core team to implement market deregulation in Maine. Mr. Taylor has more than 20 years of finance experience in various roles. Why would a CEO in his 50s retire? He graduated from South Texas College of Law in 2002 and earned awards in South Texas esteemed advocacy program. 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. Her current responsibilities include Security (Cyber and Physical), Compliance, and Facilities. The Electric Reliability Council of Texas Board of Directors has selected Brad Jones to serve as interim president and CEO. Potomac Economics, which monitors the state's power market, said in March that ERCOT kept market prices too high for more than a day after widespread outages ended. 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. Their inspectors found 10 potential deficiencies at power plants and six at electric transmission facilities, most of which were resolved. Brad Jones is an Interim President & Chief Executive Officer at Ercot based in Taylor, Texas. Ms. Spak graduated from Southwestern University with a BA in psychology. Senior Vice President and Chief Administrative Officer, Chief of Staff. He didnt immediately respond to a LinkedIn message. Senior Vice President, General Counsel and Corporate Secretary. Electric companies that failed during the storm were held financially responsible for their mistakes through the multibillion dollar losses they suffered, Jones said. According to his LinkedIn page, he left for retirement after three years. 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. 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. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. There is no recent news or activity for this profile. This article was originally published byFort Worth Report. Other companies went bankrupt and continue to struggle because their power plants shut down because of the low temperatures, he added. 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. Brad Jones, ERCOT's interim CEO, in a statement said he "welcomes these highly qualified leaders, their expertise and insights into our relentless pursuit of grid reliability." The development of those rules was really done by a broad group of diverse participants in the marketplace, including consumers, Jones said. Brad Jones Summary Overview CB Rank (Person) 23,869 Primary Job Title Senior Vice President and Chief Operations Officer Primary Organization ERCOT Gender Were going to have all new board members, theyre going to meet a certain criteria, theyre going to be able to make tough decisions on the spur of the moment.. 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. Her position is supported by a grant fromthe Marilyn Brachman Hoffman Foundation. Before his career in the regulated utility industry, Mr. Vegas served in senior leadership positions with IBM, PricewaterhouseCoopers, and Andersen Consulting. He has a bachelors degree in electrical engineering from New Mexico State University and a masters degree in engineering management from the University of Colorado. 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. And theres another point on Jones rsum that should give Texans confidence in him. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. Magnessjoined Ercotin 2010, and hes led the grid operator since 2016. Box 13326, Austin, TX 78711-3326 Fax 512-936-7003 News Release Contact: Andrew Barlow March 11, 2021 media@puc.texas.gov Jones was once Ercots chief operating officer, and is a Texan. Jones has also previously served as president and CEO of the New York Independent System Operator from October 2015 to October 2018. We have to make sure we go about it the right way so that were attracting the right types of (power) generation to meet the needs of our customers every day.. They resigned because legislatively, we said, heres what were going to do. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. 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. Example video title will go here for this video. April 27, 2021 Updated: April 27, 2021 6:24 p.m. Houston Public Media is supported with your gifts to the Houston Public Media Foundation and is licensed to the University of Houston. Our Standards: The Thomson Reuters Trust Principles. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Prior to joining ERCOT, she worked in hi-tech and healthcare industries. 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. There were a lot of channels, and we simply werent doing a good job, he said of the companys communications efforts during the freeze. He is a member of the Board of Directors of the North American Transmission Forum and has served on various committees of NERC. Instead, Jones said in an interview with The Dallas Morning News that he will start by rebuilding trust. 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. read more. Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New Mr. Rickerson brings a considerable amount of electric industry experience to his position, including more than 19 years at ERCOT in various roles. Fort Worth Business Press The Electric Reliability Council of Texas hired an old hand as its interim chief executive. Terms & Conditions. Dr. Tamby has more than 25 years of experience in the electric power industry, including about 15 years in leadership roles. 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 wasnt ready to say if he is leaning to one idea or another. Mr. Taylor is a veteran of the U.S. Army, where he served as a forward observer. 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. 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. When industry insiders were creating the first protocols for the Texas grid operator, veteran energy executive Brad Jones was at the table. Updated FORTUNE may receive compensation for some links to products and services on this website. He was active with the Texas Reliability Entity, Edison Electric Institute and the FutureGen Industrial Alliance. MacKenzie Sigalos. 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. 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. Prior to joining ERCOT, he served as Vice President of External Affairs for AEP Texas. His previous experience within ERCOT includes serving as Chief of Staff and as Interim Chief Operating Officer. DETAILS BELOW. He brings the right combination of ERCOT knowledge and broad industry expertise needed to provide the stability and reliability that Texans expect and deserve.. This years storm was far worse, and ERCOT needs to look at weatherization planning. Previously, Brad was a Director, Information Technol Read More 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. Clima en Dallas Fort Worth ahora: Desde clima clido hasta fuertes tormentas. 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? Hancock, who represents portions of Tarrant and Dallas counties, said. 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. 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. 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. The plan will put ERCOT on a solid foundation for providing reliable electric service year-round," Jones said in part. 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. During her tenure at ERCOT,she has served in various roles focused on developing relationships both internal and external to the organization. Prior to working at LCRA, Mr. Taylor was a consultant performing mergers and acquisition advisory services at PricewaterhouseCoopers in New York City. There will be times that we need to speak frankly at ERCOT about what needs to occur to preserve reliability.. Jones will assist Adrianne Brandt, the agencys new director, in her new role. 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. There, he oversaw Commercial Operations and Grid Planning and Operations. In this role, Mr. Woodfin leads Real-Time Operations, Operations Planning, Forecasting and Ancillary Services, Outage Coordination, and other engineering activities that support the reliable operation of the power system and promote efficient power markets. Jayapal Parakkuth has over 25 years of experience in successfully visualizing, designing, and implementing software solutions to various aspects of power system grid control. The Commission named Adrianne Brandt director of ERCOT Inc. accountability, and former ERCOT COO Brad Jones will assist her in a consultant role, the PUC said March 11. ERCOTs previous chief executive was fired following the storm, and every commissioner serving on the Public Utility Commission resigned as well, Jones said. You could change us.. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Get highlights, trending news, and behind-the-scenes insights from Houston Public Media delivered to your inbox each week. Box 65, Fort Worth, TX 76101, natural gas production in Texas dropped significantly, recommendations from the Federal Energy Regulatory Commission. Jones, who worked for Texas energy companies and in senior roles at ERCOT before leading New York states power grid operator as president, takes 4:45 PM Mar 11, 2021 CST Vice President and Chief Financial Officer. Unfortunately, he said, ERCOTs push for affordability over reliability finally caught up to it in February 2021. Send a letter to the editor and you just might get published. He played a key role in the development of ERCOT energy and This caused some friction with the governors office, and Jones soon returned to Texas. Brad Jones will fill the role in an interim capacity in early May. 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. 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. He earned his bachelors degree in electrical engineering from the Victoria Jubilee Technical Institute, Bombay. Trust with electricity companies, trust with lawmakers, and trust, most crucially, with regular Texans. Previously, she spent nine years with East Kentucky Power Cooperative in the areas of load forecasting, load research, and market research. While with NiSource, he was also chairman on the board of directors for One Columbus and a board of trustees member for the American Gas Foundation. Pablo Vegas joined ERCOT in October 2022 as President and CEO. It was championed by Magness, who is leaving just as the first stages are rolled out. RELATED: Terminated ERCOT CEO says he won't seek or accept severance pay. While Jones was in New York, Gov. At that rate, ERCOT might finally be finished paying for this years outages by the end of the century. Mara Spak is Vice President of Human Resources at ERCOT. WebHis previous experience within ERCOT includes serving as Chief of Staff and as Interim Chief Operating Officer. Prior to joining ERCOT in October 2015, Mr. gelman served as the Director of Energy Market Policy for CPS Energy. Brad Jones of Liberty Hill is the Interim CEO of ERCOT. 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. Dominic Anthony Walsh can be reached at Dominic@TPR.org and on Twitter at @_DominicAnthony, Texas Public Radio | Resources like these are made possible by the generosity of our community of donors, foundations, and corporate partners. 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. The Electric Reliability Council of Texas (ERCOT) board has selected a new CEO and president. He released a statement following the announcement on Tuesday, saying he would "work to restore ERCOT's reputation as that reliable and trustworthy driver of our grid and the economy.". 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 Mr. Seely has been with ERCOT since May 2005. First, he said, ERCOT needs stabilizing, the company itself and the market participants. He also served as the president and CEO of the New York Independent System Operator from October 2015 to October 2018. The Texas legislature oversees all of the organizations, and its efforts to mandate weatherization have stalled. 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. ERCOT ousted Bill Magness as CEO in March after a February winter storm caused widespread blackouts across Texas, a state unaccustomed to extreme cold, leaving residents without heat, power or water for days. They took until November to send us a list of recommendations for how to deal with the cold weather from Uri, Jones said. He has lived in Austin since 2002 and is happily married with two daughters. Additionally, he spent time in Washington, DC working in the Majority Leaders office and the Committee on Ways and Means. Industry insiders will be pounding on his door, but he should seek counsel from consumers, city emergency officials, health professionals and environmental experts, too. She has over 20 years of experience in the electric industry. Find the full series here: Keeping the Lights On. 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). During his time at Siemens, he served as the Lead Architect for delivering mission-critical solutions to ISO/RTOs, like PJM and CAISO. The interim CEO of the Electric Reliability Council of Texas (ERCOT) has publicly revealed hes pro-Bitcoin. Ercots control as part of a core team to implement market deregulation in Maine content, expertise. To send us a list of recommendations for how to deal with the Texas grid,... 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