Mr. Seely has been with ERCOT since May 2005. Get highlights, trending news, and behind-the-scenes insights from Houston Public Media delivered to your inbox each week. Prior to joining ERCOT, he served as Principal Key Expert for Grid Control at Siemens Digital Grid, specializing in delivering high-risk, complex projects working with both the product and delivery organization at Siemens. Once a saver, always a saver: Warren Buffett says generational wealth isnt what it used to be in his annual letter Its bigger than the housing crisis: An influential economist just blamed NIMBYs for American decline, and Elon Musk CA Notice at Collection and Privacy Notice, Do Not Sell/Share My Personal Information. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. 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. It should give you great confidence that were managing this grid in a much more reliable way.. 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. 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. To View The Rest of This Article Please Visit kvue.com Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. 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. 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. 05:24. In 2019, Ms. Spak was promoted to Senior Director of Human Resources at ERCOT and was responsible for all Human Resource functions and programs. 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. The industry leader for online information for tax, accounting and finance professionals. **Please note** If you are already signed up for the newsletter, you do not need to sign up again. This caused some friction with the governors office, and Jones soon returned to Texas. Prior to working at LCRA, Mr. Taylor was a consultant performing mergers and acquisition advisory services at PricewaterhouseCoopers in New York City. He spent years developing generation and working with regulators for TXU, and he spent years in top roles at ERCOT. The agency previously conducted about 80 in-person inspections per year, according to NBC DFW. 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. While Jones was in New York, Gov. Their inspectors found 10 potential deficiencies at power plants and six at electric transmission facilities, most of which were resolved. I commend the ERCOT Board for confirming a leader of Brads caliber as interim CEO, said PUC Chairman Peter Lake in a release statement. 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. 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. Jones comes to ERCOT at a pivotal juncture not just because of the fallout from the winter outages, but also because of a slate of major new programs and market rules designed to modernize the grid. In addition, Mr. Seely is responsible for the leadership of the Compliance, Cyber Security, Physical Security, Facilities and Information Governance departments. He graduated from Boston University in 1987 with a BA in international relations. 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. That included more inspections and assurances from power companies that they were adequately preparing their facilities for winter weather. Haley Samsel is the environmental reporter for the Fort Worth Report. 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. The Electric Reliability Council of Texas hired an old hand as its interim chief executive. They resigned because legislatively, we said, heres what were going to do. 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. 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. Before joining ERCOT, Mr. Taylor spent seven years in the finance department at the Lower Colorado River Authority. March 11, 2021 / 3:16 PM / CBS DFW. 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. At that rate, ERCOT might finally be finished paying for this years outages by the end of the century. Businesses are coming here, more people are moving to Texas, so we have to continue to grow, Jones said. Algorithmic rank assigned to the top 100,000 most active People, The organization associated to the person's primary job, Total number of current Jobs the person has, CB Rank (Hub): Algorithmic rank assigned to the top 100,000 most active Hubs, Total number of events the individual appeared in, Senior Vice President and Chief Operations Officer. 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. 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. 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. 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. Hannah covers education, local government, transportation, business, real estate development and nonprofits in these communities. Dow and X-energy to build U.S. Gulf Coast nuclear demonstration plant, Greta Thunberg detained by Norway police during pro-Sami protest, Exclusive: Biden administration to move on Midwest ethanol-blended gasoline rule this week -sources, Western US cities vote to move ahead with novel nuclear power plant, Concerns about prospects of COVID vaccine maker Novavax sink shares, How Elon Musk has missed his targets on delivering affordable cars, Chevron CEO does not rule out consolidation among oil majors, Rivian shares fall as supply chain snarls hamper production forecast, Oil slips as rising supplies balance Chinese demand hopes, Exclusive news, data and analytics for financial market professionals, EU should relax criteria for energy aid, says German government paper. 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. Esto es lo que necesita saber para esta semana. Brad Jones is an Interim President & Chief Executive Officer at Ercot based in Taylor, Texas. Prior to joining NiSource, Mr. Vegas held a variety of senior executive positions with American Electric Power (AEP), including President and Chief Operating Officer of AEP Ohio, President and Chief Operating Officer of AEP Texas, and Vice President and Chief Information Officer of AEP. This years storm was far worse, and ERCOT needs to look at weatherization planning. They took until November to send us a list of recommendations for how to deal with the cold weather from Uri, Jones said. ERCOT Verified account @ERCOT_ISO. AUSTIN (CBSDFW.COM) - The Public Utility Commission of Texas today named Adrianne Brandt the agency's new Director of ERCOT, Inc. 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. Mr. gelman served as Chairman of the ERCOT Technical Advisory Committee from 2011 to 2013. During his time at Siemens, he served as the Lead Architect for delivering mission-critical solutions to ISO/RTOs, like PJM and CAISO. 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 comes to the Bayou City after Let the Houston Public Media newsroom help you start your day. 4:45 PM Mar 11, 2021 CST He was active with the Texas Reliability Entity, Edison Electric Institute and the FutureGen Industrial Alliance. 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. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Instead, Jones said in an interview with The Dallas Morning News that he will start by rebuilding trust. His previous experience within ERCOT includes serving as Chief of Staff and as Interim Chief Operating Officer. 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. Mr. Seely oversees state and federal policy and manages the overall litigation strategy of ERCOT. It was championed by Magness, who is leaving just as the first stages are rolled out. August 8, 2022 Executive Employment Agreement. 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. Additionally, he spent time in Washington, DC working in the Majority Leaders office and the Committee on Ways and Means. The so-called passport program will increase the reliability of renewable energy through battery storage, among other initiatives. He has lived in Austin since 2002 and is happily married with two daughters. 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. 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.. 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. Greg Abbott. 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. Previously, Brad was a Director, Information Technol Read More LinkedIn has officially entered its cringe era, and its working. First, he said, ERCOT needs stabilizing, the company itself and the market participants. Jones was once Ercots chief operating officer, and is a Texan. Kenan gelman isERCOTs Vice President of Commercial Operations, overseeing Market Operations, Settlement and Retail Operations, and Market Design and Development. 1996-2023 Electric Reliability Council of Texas, Inc. All rights reserved. From the impact of the growing electric vehicle market on the grid to the legislative actions taken after Winter Storm Uri, Jones said, ERCOT is preparing generators to provide enough power for a booming population amid weather challenges. More than 4 million Texas homes and businesses were without power over several days of bitter cold. In a post-storm legislative hearing, Magness responded to one lawmaker who asked, How can we do better? by saying, Yall made us. Ms. Day joined ERCOT in 2000 and has more than 30 years of experience in the electric power industry. Pablo Vegas joined ERCOT in October 2022 as President and CEO. The commission is in the process of establishing new bylaws that could alleviate those issues, he added. Trust with electricity companies, trust with lawmakers, and trust, most crucially, with regular Texans. Senior Vice President and Chief Administrative Officer, Chief of Staff. See here for a complete list of exchanges and delays. Her current responsibilities include Security (Cyber and Physical), Compliance, and Facilities. Better known as ERCOT, the nonprofit organization is responsible for managing the states electricity grid under the supervision of the Public Utility Commission, whose commissioners are appointed by Gov. 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. Box 65, Fort Worth, TX 76101, natural gas production in Texas dropped significantly, recommendations from the Federal Energy Regulatory Commission. 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. 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. 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. The development of those rules was really done by a broad group of diverse participants in the marketplace, including consumers, Jones said. 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 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. He wasnt ready to say if he is leaning to one idea or another. Andrew Cuomo set out an ambitious goal to shift power generation in the state to 50% renewable by 2030. Fri, Mar 18 2022 6:26 PM EDT. All quotes delayed a minimum of 15 minutes. 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. Brad Jones (born April 1, 1986) is famous for being football player. Senior Vice President, General Counsel and Corporate Secretary. However, Magness has told Ercots board he wont seek or accept a severance, according to a statement. The unprecedented outages caused as much as $129 billion in economic losses. 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