electric reliability council of texas brad jones salary

[28] On February 16, electricity shortages caused the price of electricity to spike to over $9,000 per megawatt-hour (MWh),[27][29][30] whereas the week before, the lowest price of power had been less than $30 a MWh. The operator of the state's main electricity grid has hired a new CEO, ending a 16-month period in the aftermath of . The threat is real, and its happening, he said. [46] By late March, the total number of deaths surpassed 110. Brad Jones, Interim CEO, Electric Reliability Council of Texas WHAT: Summer 2022 Texas grid readiness and CDR/SARA overview WHERE: . Austin Texas 78711 State leaders continue to probe what went wrong with the power grid during the Feb. winter storm and what can be done to keep it from happening again. 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. On March 15, 2021, at the request of the Board, ERCOT issued a Request for Proposal to identify and contract with a qualified executive search firm to assist the Board with identifying, investigating, qualifying and presenting a pool of qualified candidates for ERCOT's President and CEO position. If rotating outages are necessary, ERCOT will keep customers updated about the length of time it will be in effect and how the situation is progressing, according to officials. Jones said after ERCOT released an energy conservation notice on Monday, the demand was 2,500 megawatts lower than officials projected. Amplify your impact and donate now. He's a graduate of Texas State University, where he served as the editor-in-chief of the student-run newspaper, The University Star. However, the Texas grid is not subject to regulation under the Federal Power Act, being an intrastate grid for the purposes of that law. Jones said the June power crunch was caused by issues stemming from the February freeze. ERCOT and its regulator, the Public Utility Commission of Texas, failed to adopt a mandatory standard for preparing electricity infrastructure for such occurrences (winterization), despite recommendations from the Federal Energy Regulatory Commission and North American Electric Reliability Corporation (NERC). He is a member of the Texas State University Engineering Advisory Board and the American Heart Association Executive Committee. Dec. 5, 20223 PM Central. of Texas. 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. 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. She has worked for Occidental since 2003. You can learn more at nbutexas.com and on NBUs Facebook page. 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. Other: 1,160 MWh. By Matt Payne 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. Heat Wave Renews Call for Renewable Energy, Bernie, Casar Lend Support to YouTube Staff on Strike, Hundreds Die-In at Texas Capitol to Demand Movement on Overdose Crisis, I Live Here I Give Here: Amplify Austin Day. by Erin Douglas We need a reliability standard.. [51][12], The PUC has primary jurisdiction over activities conducted by ERCOT. The best way to say it is that before, operators had gotten comfortable standing at the edge of the cliff and looking down, and now we stand 10 feet back. Petroleum Liquids: 909 MWh; The agency has already implemented the winterization regulation the Legislature passed in 2021. Electric Reliability Council of Texas has 125 employees, of which 19 are in a leadership position. Edward Stones of Houston is the Global Business Director for Energy & Climate Change for Dow, Inc. Lawmakers also didn't provide direct aid to people harmed by the February crisis. The PUCs proposal aims to reduce that risk to once per decade. This spring, ERCOT forecasters predicted just a 5% chance that this summer's peak load demand would reach the levels it has. About See All. ", "I commend the ERCOT Board for confirming a leader of Brad's caliber as interim CEO," said PUC Chairman Peter Lake. Find a complete list of them here. Regional transmission organization in Texas, The Wall Street Journal, "Texas Power Grid Operator Fires CEO," March 4, 2021, North American Electric Reliability Corporation, deregulation of the Texas electricity market, February 2011, a major winter storm impacted Texas, February 1317, 2021 North American winter storm, Deregulation of the Texas electricity market, "Electric Reliability Council Of Texas Inc 10 10 90 - Nonprofit Explorer", "Pablo Vegas, a utility executive in Ohio, named ERCOT's new CEO", "The Texas Freeze: Why the Power Grid Failed", "Electric Power Monthly - U.S. Energy Information Administration (EIA)". Pablo Vegaswill take over the president and CEO role for the. He served as President and Chief Executive Officer of the New York Independent System Operator from October 2015 - October 2018. Financial supporters play no role in the Tribunes journalism. power load 1,100+. 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. 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. Double your gift when you give by 6 p.m. Thursday. At least one of the plants that delayed its repairs broke down Friday, and industry officials say others did, too. Double your gift when you give by 6 p.m. Thursday. ", To attempt to corral gas providers, Jones recommended a gas desk at ERCOT to "advise all operators of any gas limitations, maintenance, forced outages, or supply inadequacy." 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. 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. [20] Instead, under the deregulated regime, retailers could contract with providers across the state, creating a complex market. Yes, sir, Lake responded. 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. Energy experts have raised concerns about the states aging energy infrastructure following the February storm, and state Sen. Angela Paxton, R-McKinney, questioned the grid officials about those concerns. Jordan Vonderhaar for. Before fielding questions, Jones opened with describing several measures ERCOT has already taken, including facility inspections of weatherization measures by the Public Utility Commission of Texas and introducing statewide emergency alerts through the Texas Division of Emergency Management. See more of Electric Reliability Council of Texas on Facebook. "He brings the right combination of ERCOT knowledge and broad industry expertise needed to provide the stability and reliability that Texans expect and deserve.". July 13, 2021 / 8:50 AM / CBS Texas. AUSTIN, Texas -- During February's deadly winter storm, Gov. ERCOT, Electric Reliability Council of Texas, Winter Storm Uri, Gina Hinojosa, Brad Jones, Greg Abbott, Austin Energy, blackouts, League of Women Voters, Texas Railroad Commission, Information is power. Senate Bills 2 and 3 included a few key changes to the grid that experts said will begin to address some issues, such as requiring power companies to upgrade plants to withstand more extreme weather and creating a statewide emergency alert system. ERCOT's interim president appeared before a Senate committee on Tuesday to discuss efforts to improve the state's electrical grid. He has more than 25 years of experience in energy, plastics, and hydrocarbon markets. Gov. [21] Since deregulation, retail providers and power generators were unregulated, although regulations on transmitters continued to control the placement of electrical lines. Patrick Svitek contributed to this story. [45], On February 16, 2021, it was reported that at least 10 deaths were linked to the 2021 ERCOT grid power outages. His experience includes serving as online content editor at Fort Worth Magazine and city editor at the Killeen Daily Herald. 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.. Dan Patrick had called for Magness and DeAnn Walker, then the head of the PUC, to resign. [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. He implored his colleagues to focus on the task at hand: What I hope, members, is that we can try to figure out how to get Texas to the next step, to the next decade [because] the demand continues to go up, and continues to go up.. In response to Gov. She is a mentor for American Corporate Partners. Many are no longer cost competitive. The Electric Reliability Council of Texas has named its new leader more than a year after the previous CEO was terminated. The scene in North Austin on Feb. 16, 2021, following the devastating winter storm. Copyright 2023 KSAT.com is managed by Graham Digital and published by Graham Media Group, a division of Graham Holdings. Jones acknowledged the problem, adding that the state hasnt invested enough in part of our generation fleet.. All four regulators replaced officials ousted after the winter storm that crippled the grid for days during subfreezing weather. 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. A long-time leader among ERCOT stakeholders, Brad chaired ERCOT's Technical Advisory Committee, a Jobs Copyright 2021 by KSAT - All rights reserved. ERCOT said Texans can reduce electricity use during the summer by reducing electricity use during the late afternoon hours, when demand typically peaks. Thanks to an updated method for conservation notices, ERCOT has also been able to cut demand beyond what officials expected. Seems to me we asked you to do something, and youre doing it, he said. 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. Submit yours now at austinchronicle.com/opinion. [16], Bill Magness, CEO of ERCOT, was fired on March 4, 2021, for his role in the 2021 power loss incident. by Mitchell Ferman Greg Abbott after last years deadly winter storm to regulate utilities and to oversee the Electric Reliability Council of Texas, said there will be more reserve power available to the grid this summer than in previous summers, a necessary cushion that Lake said reflects a different approach than before last Februarys disaster. Copyright 2022 by KSAT - All rights reserved. over the last decade to implement meaningful grid-related improvements. Trevino received a Bachelor of Business Administration and a Master of Business Administration from the Texas Tech University. 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. Hydroelectric Conventional: 23,086 MWh; 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." He did not elaborate. [36][37] During the power loss, some Texans were forced to survive in record freezing temperatures down to 2F (19C). [63][64][65], It has a headquarters in Austin and an additional complex in Taylor.[66]. It puts a lot of wear and tear on some of these older machines. READ ALSO: ERCOT hearings continue in Austin. Were seeing those problems show themselves today, Jones said. managed and monitored. In counties around El Paso in western Texas, El Paso Electric reported that, as a result of it having investing millions in cold weather upgrades after the 2011 cold snap, 3,000 customers lost power for less than five minutes. Did Texas energy regulators fail to mandate winter protections? Matt Payne reports on Frisco City Hall and its committees, Collin County Commissioners and McKinney business. 2005-2022 Community Impact Newspaper Co. All rights reserved. [23], During a major cold-weather event in mid-February 2021, ERCOT declared a statewide emergency, due to a 34,000 MW shortfall in generation that caused widespread blackouts. Coal: 78,700 MWh; ", Power plants had until Dec. 1 to file weatherization reports, and all did except eight, who received fines totaling $7.5 million. [57][58] The board was also criticized for its meeting days before the storm: though the meeting lasted more than two hours, the members spent less than a minute discussing storm preparations and readiness. May 17, 20225 PM Central. [18], At the beginning of World War II, several electric utilities in Texas agreed to operate together as the Texas Interconnected System (TIS) to support the war effort. Three PUC commissioners, including the chair, are appointed by the governor of Texas. 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.. Recommendations made afterward went unenforced. An immediate concern Jones must confront at ERCOT is the prospect of an atypical summer that pushes demand for electricity beyond normal summer peaks. [42], The first lawsuits against ERCOT grid mismanagement were filed on February 19, 2021. 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 . We can help. Other senators questioned why in June, two weeks after the regular legislative session ended, some Texas power plants unexpectedly went offline, spurring ERCOT to ask Texans to set thermostats higher during a heat wave to conserve energy. The rule, if implemented, would punish those who failed to produce the power they promised with financial penalties. He has over 35 years of experience in the electric energy industry. "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. Brad Jones will fill the role in an interim capacity in early May. [54], The ERCOT board appoints ERCOT's officers to direct and manage ERCOT's day-to-day operations, accompanied by a team of executives and managers responsible for critical components of ERCOT's operation. Latest local news from South Texas from KSAT12. 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. ERCOT underestimated the maximum amount of power that would be demanded by homes, businesses and industry during a severe winter storm in its fall projections, and it overestimated the amount of power generation that would be available to the grid during such a storm. [55], During the February 2021 storm, it emerged that a third of ERCOT's board of directors live outside of Texas; this includes the chair Sally A. Talberg, who lives in Michigan, and the vice chair Peter Cramton. by Mitchell Ferman 90%. [15] A megawatt of electricity can power about 200 Texas homes during periods of peak demand. The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 22 million Texas customers. With the states rapid population growth, this situation is getting more difficult and more challenging every year, he said. Ensure doors and windows are sealed properly. Theyre discussing it anyway. Greg Abbott called for reforming the governance of ERCOT, and legislation to do so is advancing through the Legislature. [5] ERCOT is the first independent system operator (ISO) in the United States. 148 talking about this. The Electric Reliability Council of Texas (ERCOT) board has selected a new CEO and president. Other Gas: 972 MWh; 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. Companies are unlikely to begin investing in building new plants until the law is clear, she said. Hunter and Rep. John Smithee, R-Amarillo, repeatedly questioned Lake about whether the PUCs vote on the market redesign which is expected in January after the public has an opportunity to comment on the plan would be binding and whether the Legislature would have the opportunity to make changes to it. The winter storm that has moved across our region has caused temperatures to drop well below average for this time of year. Instead of waiting until the grid is already experiencing emergency conditions, ERCOT now releases conservation notices in advance of emergency conditions in an effort to avoid the scenario altogether. Stones received a Bachelor of Science in Chemical Engineering and a Master of Science in Environmental Engineering from Stanford University and a Master of Business Administration from Louisiana State University. Solar power doesn't work at night without battery storage, which would have to be scaled up to run for several days to get through a weeklong event like Uri. We manage the flow of Texas' power supply. Conservation is a good thing, Jones said. ERCOT hires Pablo Vegas as new top executive to help manage Texas' power grid. We used to stand right at the edge of the cliff before calling one, now were 10 feet back when we start to it manage.. Disclosure: Texas Competitive Power Advocates has been a financial supporter of The Texas Tribune, a nonprofit, nonpartisan news organization that is funded in part by donations from members, foundations and corporate sponsors. Brad Jones became ERCOT's vice president of Commercial Operations in April 2013. generation units 52,700+. 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.". She has reported on several high-profile stories during her career at KSAT and specializes in trending news and things to do around Texas and San Antonio. ERCOT is the independent system operator (ISO) for the region. To remove industry jargon, to speak to you in ways that all of us can understand.. 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 legislation abolished the former system, in which power was both generated and consumed locally. [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. Confidential proposals were due April 9, and ERCOT received eight proposals that it is evaluating for Board consideration. Tickets are on sale now for the 2022 Texas Tribune Festival, happening in downtown Austin on Sept. 22-24. In the weeks since the winter storm, both ERCOT and the Public Utility Commission of Texas, the regulatory body that oversees it, have been lambasted for failures in preparing for and responding to the storm. The United States Energy Information Administration Electric Power Monthly published the following detailed report regarding Texas's Net Generation by Energy Source: Total (All Sectors), 2010-December 2020, (Thousand Megawatthours), Table 1.1, for the Month of December 2020:[10] On May 4, 1976, Central Southwest Holdings attempted to force the issue, with an event that was later called the "Midnight Connection", where it connected the grid to Oklahoma for a few hours. Box 12428 Jones, who worked for Texas energy companies and in senior roles at ERCOT before leading New York state's power grid operator as president, takes ERCOT's top job from Bill Magness, who was fired as president and CEO in early March after a winter storm in February left millions of people in the dark for days amid freezing temperature and claimed more than 100 lives. George Presses of San Antonio is Vice President of Fuel & Energy for H-E-B, where he has worked since 1998. Texas's failure to prepare left the state vulnerable to winter-storm blackouts, including the major disaster that occurred ten years later in February 2021. [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. [8], As the ISO for the region, ERCOT dispatches power on an electric grid that connects more than 46,500 miles of transmission lines and more than 610 generation units.[9]. 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. 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 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. "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? Wholesale electricity prices increased 65 percent in 2021, without taking into account the blackouts cost, due in large part . The legislation also changes how the Electric Reliability Council of Texas' governing board is appointed. The Chronicle welcomes opinion pieces on any topic from the community. 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 . The TAC is assisted by five standing subcommittees as well as numerous workgroups and task forces. Natural Gas: 125,704 MWh; 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.. [38], On February 16, Governor Greg Abbott declared that ERCOT reform would be an emergency priority for the state legislature, and there would be an investigation of the power outage to determine long-term solutions. P.O. That also means avoiding rolling blackouts. Its a shame the public doesnt have confidence in the system, state Sen. John Whitmire, D-Houston, told Jones. Double your gift when you give by 6 p.m. Thursday. Brad Jones. 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. Brad Jones, interim CEO of the Electric Reliability Council of Texas, expressed confidence in the states grid heading into summer at a Tuesday press conference. (Matt Payne/Community Impact Newspaper). July 13, 20214 PM Central. On this Wikipedia the language links are at the top of the page across from the article title. A note to readers: Bold and uncensored, The Austin Chronicle has been Austins independent news source for over 40 years, expressing the communitys political and environmental concerns and supporting its active cultural scene. [34][35], Approximately 4 million customers in Texas were without electricity for various times during the multi-day storm. During a press conference last week, Vegas and Lake both emphasized that the proposed changes would be technologically agnostic and would not prioritize one source of power generation over another. 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%). September 28, 2021 | Austin, Texas 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. Lawmakers cannot pass laws to improve Texas power grid during the special legislative session. 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. The key though, is to make sure we have other resources to balance them." San Antonio area in for two rounds of winter weather this weekend, These San Antonio-area schools have announced changes for Monday due to expected wintry weather, These San Antonio-area businesses have announced closures, delays on Monday due to inclement weather, Mondays vaccination appointments at Alamodome, WellMed clinics rescheduled due to expected wintry weather in San Antonio, Now is the time to prepare your vehicle, gather emergency supplies before wintry weather hits. 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. 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.. "Is ERCOT a government agency? [14], Power demand in the ERCOT region is typically highest in summer, primarily due to air conditioning use in homes and businesses. Lake said many of the changes, including better weatherization, have already improved the grids performance and that without the new regulations directed by the Legislature in 2021, the state grid would have experienced emergency condition or blackout eight times in the last 18 months. Murphy received a Bachelor of Science in Mathematics from the United States Air Force Academy, a Juris Doctor degree from the University of Connecticut School of Law, and a Master of Public Administration from The University of Texas at San Antonio. Former system, in which power was both generated and consumed locally Sen. John Whitmire D-Houston... Named its new leader more than a year after the previous CEO was terminated ], Approximately 4 customers. The community TAC is assisted by five standing subcommittees as well as numerous and... 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