electric reliability council of texas brad jones salary

He's a graduate of Texas State University, where he served as the editor-in-chief of the student-run newspaper, The University Star. Texas Public Utility Commission Chair Peter Lake and ERCOT President Brad Jones said the power grid is prepared for record-breaking summer electricity demand. (Jordan Vonderhaar For The Texas Tribune, Jordan Vonderhaar For The Texas Tribune). This spring, ERCOT forecasters predicted just a 5% chance that this summer's peak load demand would reach the levels it has. The Electric Reliability Council of Texas has named its new leader more than a year after the previous CEO was terminated. Yes, sir, Lake responded. 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. It should be included in the next special session, said Tom Smith, longtime former director of Public Citizens Texas office. [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. [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. Seems to me we asked you to do something, and youre doing it, he said. [14], Power demand in the ERCOT region is typically highest in summer, primarily due to air conditioning use in homes and businesses. The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to 22 million Texas customers. Brad Jones, interim CEO of the Electric Reliability Council of Texas . [42], The first lawsuits against ERCOT grid mismanagement were filed on February 19, 2021. Amplify your impact and donate now. He has more than 25 years of experience in energy, plastics, and hydrocarbon markets. 9:50 AM Dec 2, 2021 CST AUSTIN, Texas -- The board overseeing the Electric Reliability Council of Texas, the independent nonprofit entity that operates and manages the electricity grid that covers much of. About See All. We need a reliability standard.. Other Gas: 972 MWh; "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. He is a former board member of March of Dimes, Gulf Coast Power Association, Atlas Scholars, and St. Peters Health Partners. AUSTIN, Texas -- During February's deadly winter storm, Gov. Austin Texas 78711 Latest local news from South Texas from KSAT12. Last week, senators from the Business and Commerce Committee, after hearing similar testimony from Lake, wrote a letter to PUCs commissioners expressing their concern that the PUCs proposal may fail to meet the requirements of Senate Bill 3 and would not guarantee that new generation will be built in a timely and cost effective manner., Also last week, Patrick held a press conference in which he called for legislation that would cause additional natural-gas-fired power plants to be built in addition to the PUCs proposed market changes. 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. 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. In a letter last week and in a committee meeting Monday, Texas lawmakers from both the House and Senate have asked the Public Utility Commission, which regulates the states electricity market, to hold off on its planned electricity market redesign until the Legislature can evaluate it. Melissa Trevino of Houston is the Assistant Vice President for Power at Occidental Energy Ventures, where she leads the energy management team and oversees the power reporting and compliance group. 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 Electric Reliability Council of Texas, Inc. ( ERCOT) is an American organization that operates Texas 's electrical grid, the Texas Interconnection, [3] [4] which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load. or. [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. The rule, if implemented, would punish those who failed to produce the power they promised with financial penalties. "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? TIS members adopted official operating guides for their interconnected power system and established two monitoring centers within the control centers of two utilities, one in North Texas and one in South Texas. From left: Peter Lake, chair of the Public Utility Commission of Texas, and Brad Jones, then-interim president and CEO of the Electric Reliability Council of Texas, speak at a May 17 press conference about the state power grid. VP - Commercial Operations | Electric Reliability Council of Texas. Tickets are on sale now for the 2022 Texas Tribune Festival, happening in downtown Austin on Sept. 22-24. Jones responded that Downtown's grid is a sort of mesh structure, which makes it more reliable for those businesses but also precludes Austin Energy from turning off any one feeder. [20] Instead, under the deregulated regime, retailers could contract with providers across the state, creating a complex market. Instead, the PUC plan would prioritize technology that can quickly switch power on and off throughout the grid to balance drops in renewable power generation when the sun doesnt shine or wind doesnt blow. Its a shame the public doesnt have confidence in the system, state Sen. John Whitmire, D-Houston, told Jones. Dec. 5, 20223 PM Central. [47] A comprehensive review of news reports, death certificates, and lawsuit filings from every county in Texas led a team of journalists in Houston to set the death toll at 194,[48] while a later review of excess deaths by journalists at BuzzFeed estimated the full indirect mortalities to be between 426 and 978. 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). 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. Erin Douglas, Kate McGee and Jolie McCullough, This page was last edited on 24 February 2023, at 20:02. Gov. 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. Jones received a Bachelor of Science in Mechanical Engineering from Texas Tech University and a Master of Business Administration from The University of Texas at Arlington. Amplify your impact and donate now. 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. 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.. 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. [20] The 1999 deregulation also dropped limits on rate increases. Natural Gas: 125,704 MWh; [43][44] On March 8, 2021, ERCOT began releasing a weekly market notice that includes entities that have paid previously identified short-pay amounts and provides an updated estimate of the aggregate outstanding short-pay amount. 51878. Power-generating companies across the state must comply with weatherization standards or face steep fines, according to the new head of the Electric Reliability Council of Texas. 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. Brad Jones, and the three-member board of the Public Utility Commission, which oversees Jones and the Electric . [27] At 1:25a.m. on February 15, ERCOT began requesting blackouts from service providers. 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. READ MORE: 6th ERCOT board member resigns during emergency meeting on winter storm outage. Recognizing the reliability advantages of remaining interconnected, TIS members continued to operate and develop the interconnected grid. 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. ", Power plants had until Dec. 1 to file weatherization reports, and all did except eight, who received fines totaling $7.5 million. That's the difference.". Governor Greg Abbott has appointed Brad Jones, Nate Murphy, George Presses, Edward Stones, Jon Taylor, and Melissa Trevino to the Texas Energy Reliability Council for terms at the pleasure of the Governor. Executive Summary. Avoid using large appliances (i.e., ovens, washing machines, and dishwashers). 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." September 28, 2021 | Austin, Texas Magness will soon depart ERCOT following a 60-day termination notice handed to him by ERCOT's board of directors in March. 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%). What ERCOT did by making the announcement on Friday was a greater level of transparency that did not exist before [Winter Storm] Uri, Abbott said. He served as President and Chief Executive Officer of the New York Independent System Operator from October 2015 - October 2018. Mr. Jones was elected by the Board to serve as interim President and CEO until the permanent position has been filled, up to a term of one year (pursuant to ERCOT Bylaws). The key though, is to make sure we have other resources to balance them." Brad Johnson January 20, 2023. . The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas's electrical grid, the Texas Interconnection,[3][4] which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load. Electric Reliability Council of Texas has 125 employees, of which 19 are in a leadership position. Gov. Michele Richmond, the executive director for Texas Competitive Power Advocates, an industry group that represents large power companies, said her members were prepared to build new gas-fired power plants in Texas between 2024 and 2026 capable of producing 4,600 megawatts of power if the Legislature does not inhibit the implementation and the PUCs rule-making process continues as planned. The Electric Reliability Council of Texas (ERCOT) command center in Taylor. Thanks to an updated method for conservation notices, ERCOT has also been able to cut demand beyond what officials expected. With BESS, he says, if Austin were to endure the opposite of Uri a heat dome such as Portland experienced last summer, leading to scores of deaths solar would get us through. Taylor received a Bachelor of Science in Chemical Engineering from the University of New Hampshire. Submit yours now at austinchronicle.com/opinion. [45], On February 16, 2021, it was reported that at least 10 deaths were linked to the 2021 ERCOT grid power outages. There are many things that are on us, Creighton said. In response to Gov. To remove industry jargon, to speak to you in ways that all of us can understand.. We can help. Double your gift when you give by 6 p.m. Thursday. Supply and Demand. 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. 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