Mr. Taylor has more than 20 years of finance experience in various roles. 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. Mr. Taylor is a veteran of the U.S. Army, where he served as a forward observer. 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. Notifications can be turned off anytime in the browser settings. ERCOT is a council of experts and executives from across the energy spectrum, including power generators, electricity retailers, natural gas pipeline operators, big, corporate consumers, and academics. State Sen. Kelly Hancock and state Rep. Giovanni Capriglione also answered questions read by County Commissioner Gary Fickes. Elizabeth Souder. Brad Jones will fill the role in an interim capacity in early May. Dominic Anthony Walsh can be reached at Dominic@TPR.org and on Twitter at @_DominicAnthony, Texas Public Radio | Dr. Tamby has a bachelors degree in electrical engineering from Anna University in India, and masters and doctorate degrees in electrical engineering from Queens University in Canada. WebAs of 2022, Brad Joness net worth is $100,000 - $1M. All rights reserved. Mr. Black leads the organizations external communications, government affairs, and customer support and oversees communications with Texans, state agencies, and lawmakers. AUSTIN (CBSDFW.COM) - The Public Utility Commission of Texas today named Adrianne Brandt the agency's new Director of ERCOT, Inc. He earned both a BS in electrical engineering and an MBA from Texas A&M University. Esto es lo que necesita saber para esta semana. 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. 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. 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. Those preparations can mean installing more insulation, building structures around facilities to protect equipment and using thermal blankets to keep equipment from freezing, he said. Last summer, ERCOT released a 60-item list of reforms the agency was undertaking to improve its broken trust with Texans. 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. 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. Dominic Anthony Walsh covers education & families for Houston Public Media's enterprise team. 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.. I commend the ERCOT Board for confirming a leader of Brads caliber as interim CEO, said PUC Chairman Peter Lake in a release statement. 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. She earned bachelors degrees in mathematics and physics from Berea College in Kentucky and attended graduate school at the University of Kentucky. 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.". 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. Prior to joining ERCOT, he served as Vice President of External Affairs for AEP Texas. Previously, she spent nine years with East Kentucky Power Cooperative in the areas of load forecasting, load research, and market research. 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. That means Texas had no way of bringing in more electricity when the states power generators couldnt produce enough power to meet demand last February. Terms & Conditions. ERCOTs previous chief executive was fired following the storm, and every commissioner serving on the Public Utility Commission resigned as well, Jones said. This years storm was far worse, and ERCOT needs to look at weatherization planning. Brad Jones (born April 1, 1986) is famous for being football player. 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, Resource Integration & Ongoing Operations Resource Services. Mr. Seely grew up in Irving, Texas, and received Bachelor of Arts degrees in Political Science and French from Texas Tech University in 1999. Mr. Parakkuth has a masters degree in power systems and power electronics from the Indian Institute of Technology Bombay, and an MBA in information systems and finance from the University of Minnesota. 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. 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. Before joining ERCOT, Mr. Taylor spent seven years in the finance department at the Lower Colorado River Authority. Jones was formerly a top executive at ERCOT before leaving to head up the grid operator in New York. Mr. Black holds a bachelors degree from the University of Texas at San Antonio. From 2013 until 2018, Mr. gelman served on the Gulf Coast Power Associations (GCPA) Board of Directors, including presiding as Vice President in 2014 and President in 2015. According to the release, Brandt will be assisted by fellow Texan Brad Jones, who previously served as chief operations officer of ERCOT. The interim CEO of the Electric Reliability Council of Texas (ERCOT) has publicly revealed hes pro-Bitcoin. Mr. Seely oversees state and federal policy and manages the overall litigation strategy of ERCOT. Jayapal Parakkuth has over 25 years of experience in successfully visualizing, designing, and implementing software solutions to various aspects of power system grid control. 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. Box 65, Fort Worth, TX 76101, natural gas production in Texas dropped significantly, recommendations from the Federal Energy Regulatory Commission. Brad Jones will fill the role in an interim capacity in early May. He also leads advancements in generation and transmission planning to help meet long-term forecasting needs and ensures that the latest grid and technology changes are incorporated into models used by ERCOT for analysis. 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. Posted: Apr 27, 2021 / 02:41 PM CDT. He is a member of the Board of Directors of the North American Transmission Forum and has served on various committees of NERC. Offers may be subject to change without notice. Mr. Seely also oversees the ERCOT Reliability Monitor function which assesses ERCOT and ERCOT Market Participant compliance with Texas electric reliability laws under the direction of the Public Utility Commission of Texas. We had a list from our Legislature within months We had most of the issues that the (federal commission) identified already resolved by the time they identified them.. Mr. Black began his career in 1990 as a legislative assistant for Representative Tom Craddick in the Texas House of Representatives and later worked for two Texas State Senators. 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. 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. 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. WebIf the problem persists, contact the ERCOT Service Desk at ServiceDesk@ercot.com or 1-866-870-8124. 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. 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. Mr. Rickerson brings a considerable amount of electric industry experience to his position, including more than 19 years at ERCOT in various roles. Houston Public Media is supported with your gifts to the Houston Public Media Foundation and is licensed to the University of Houston. It should give you great confidence that were managing this grid in a much more reliable way. August 8, 2022 Executive Employment Agreement. Mr. Rickerson is responsible for guiding new, in-depth generation inspections and coordinating enforcement actions with the Public Utility Commission. It should give you great confidence that were managing this grid in a much more reliable way.. During his time at Siemens, he served as the Lead Architect for delivering mission-critical solutions to ISO/RTOs, like PJM and CAISO. By signing up you agree to our Terms of Service and Privacy Policy, Stand with us in our mission to discover and uncover the story of North Texas, The new ERCOT CEO wants to rebuild your trust in the Texas electricity grid, About half-million North Texans lose extra food benefits, Mall owner backs out of plans for paid parking at D-FW shopping center, D-FW under severe thunderstorm watch until noon as quick-moving storm hits region, Frisco trustee goes to conservative radio to defend transgender harassment accusation, Dallas police chief fires officer accused of inappropriate force, suspends different cop, Sean Menke, CEO of Southlake-based travel tech firm Sabre Corp., stepping down, Eli Lilly cuts insulin prices in move to make diabetes medicine more affordable, Texas urges five big pension funds to cut off financial firms boycotting fossil fuels, Shermans semiconductor hub attracts massive land buy for home development, Marriott fires back at Michael Irvins request for expedited evidence in $100M lawsuit, Mexicos democracy is in danger, and we could all pay the price, Conservative groups target American Airlines racial hiring efforts, NFL owners ask Jerry Jones to broker deal with Dan Snyder on Commanders sale, report says. Brad Jones is an Interim President & Chief Executive Officer at Ercot based in Taylor, Texas. Dr. Tamby has more than 25 years of experience in the electric power industry, including about 15 years in leadership roles. Haley Samsel is the environmental reporter for the Fort Worth Report. Jones was once Ercots chief operating officer, and is a Texan. The ERCOT board of directors selected its interim president and CEO Tuesday after the 60-day period following the firing of Bill Magness in March in the wake of February's winter storm. See here for a complete list of exchanges and delays. I expect for that plan to be very specific and very aggressive, he said. Mr. Black also served as the Director of Governmental Affairs for the AEP companies in Texas. Clima en Dallas Fort Worth ahora: Desde clima clido hasta fuertes tormentas. More than 4 million Texas homes and businesses were without power over several days of bitter cold. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. At this point, Jones said there are three components to his trust plan. The Chief Audit Executive who manages the Internal Audit department administratively reports to Mr. Seely. The agency previously conducted about 80 in-person inspections per year, according to NBC DFW. Dramatically shifting our power grid to cleaner energy is a good thing, but its only a politicians promise without electricity experts who know how to build a system to make it so. The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. You could change us.. He said ERCOT and Brad Jones have roles to play as messengers, but that they alone cannot prevent another power failure. The board gave Bill Magness a 60-day termination notice at the beginning of March. 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. Updated He played a key role in the development of ERCOT energy and market systems, as well as risk management and strategic planning. However, Magness has told Ercots board he wont seek or accept a severance, according to a statement. He served as a versatile executive at NiSource for six years, holding numerous roles, including Chief Operating Officer, Executive Vice President and President of Columbia Gas Group, and Chief Customer Officer. Power move: ERCOT appoints Brad Jones as interim president/CEO in wake of Magness termination by: Russell Falcon. First, he said, ERCOT needs stabilizing, the company itself and the market participants. Vice President, Security & Compliance and Chief Compliance Officer. He wasnt ready to say if he is leaning to one idea or another. Vice President, System Planning and Weatherization. Contact herby emailor viaTwitter. ERCOT said in a release that Jones has over 30 years of experience in the energy sector and held positions with ERCOT from April 2013 to October 2015, including senior vice president and chief operating officer. DETAILS BELOW. At the Fort Worth Report, news decisions are made independently of our board members and financial supporters. That included more inspections and assurances from power companies that they were adequately preparing their facilities for winter weather. Categories Resources like these are made possible by the generosity of our community of donors, foundations, and corporate partners. Their inspectors found 10 potential deficiencies at power plants and six at electric transmission facilities, most of which were resolved. Industry insiders will be pounding on his door, but he should seek counsel from consumers, city emergency officials, health professionals and environmental experts, too. 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. RELATED: Terminated ERCOT CEO says he won't seek or accept severance pay. He has a long history of service in both the electric and gas industries. 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. Thats the job of the Public Utility Commission (PUC), which oversees ERCOT and regulates the grid, as well as the Railroad Commission, which regulates the natural gas sector. In addition, Mr. Seely is responsible for the leadership of the Compliance, Cyber Security, Physical Security, Facilities and Information Governance departments. 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. 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 past experience is any indication of future performance, he will. S&P Index data is the property of Chicago Mercantile Exchange Inc. and its licensors. Got an opinion about this issue? 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. The effect of being connected to another power grid would have been negligible during the storm, Jones said, because power supplies from the far east would have been consumed by states around Texas also experiencing electricity issues before it reached Texans. Jeyant Tamby serves as ERCOTs Chief Administrative Officer and Chief of Staff. 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. This caused some friction with the governors office, and Jones soon returned to 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. Ms. Day joined ERCOT in 2000 and has more than 30 years of experience in the electric power industry. Andrew Cuomo set out an ambitious goal to shift power generation in the state to 50% renewable by 2030. The so-called passport program will increase the reliability of renewable energy through battery storage, among other initiatives. His previous experience within ERCOT includes serving as Chief of Staff and as Interim Chief Operating Officer. Read more about our editorial independence policyhere. 1996-2023 Electric Reliability Council of Texas, Inc. All rights reserved. ERCOT doesnt have the power to mandate major changes. 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. 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. And that should give Texans hope that they wont have to spend the summer digging survival bunkers and stocking up on batteries and trail mix. Vice President, Corporate Strategy and PUC Relations. The Texas legislature oversees all of the organizations, and its efforts to mandate weatherization have stalled. 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. Businesses are coming here, more people are moving to Texas, so we have to continue to grow, Jones said. 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. After so many angry Texans became armchair electricity experts on social media during the February freeze, this state could use some tethering to reality. Kristi Hobbs is ERCOTs Vice President of Corporate Strategy and PUC Relations. 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. It crippled oil and gas production, and dozens of people died. 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. The generators did a fantastic job of getting ready for this, and were seeing that today, Jones said. Hannah covers education, local government, transportation, business, real estate development and nonprofits in these communities. Prior to joining ERCOT, she was with Central Maine Power as part of a core team to implement market deregulation in Maine. During her tenure at ERCOT,she has served in various roles focused on developing relationships both internal and external to the organization. Jones' appointment is effective May 4, and will last until the position is filled, up to a year, according to 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. The Texas Public Utility Commission chair followed suit March 1. 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