electric reliability council of texas brad jones salary

Brad Jones, Interim CEO, Electric Reliability Council of Texas WHAT: Summer 2022 Texas grid readiness and CDR/SARA overview WHERE: . miles of transmission lines. Demand is growing at a pace that is outpacing [quickly available power] generation in the state, Pablo Vegas, CEO of the Electric Reliability Council of Texas, which operates the state power grid, told lawmakers on Monday. Brad Johnson January 20, 2023. . [39] A 357-page report had been written after the 2011 power outage in Texas,[40] which seemed to have been ignored, because too many critical generators still lacked appropriate weatherization in 2021,[31][41] especially the natural gas system. 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. With the states rapid population growth, this situation is getting more difficult and more challenging every year, he said. Lake declined to respond directly to the letter from senators during the House hearing Monday but said that the agency is grateful for feedback., I agree we need more dispatchable power, Lake said. 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. The board said he would serve in those roles for the next two months. State Sen. Brandon Creighton, R-Conroe, said some of the fault lies with state lawmakers, who have failed over the last decade to implement meaningful grid-related improvements following a severe winter storm in 2011 that highlighted that power companies and natural gas producers hadnt properly prepared their facilities for cold weather. Creighton added that it may take the PUC and ERCOT months or years to implement some of the changes lawmakers approved in the spring, such as requiring power plants to protect critical infrastructure from extreme weather. 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. by Mitchell Ferman Yes, sir, Lake responded. Brad Jones. Recognizing the reliability advantages of remaining interconnected, TIS members continued to operate and develop the interconnected grid. [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. Box 12428 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. 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. Petroleum Coke: 742 MWh; His experience includes serving as online content editor at Fort Worth Magazine and city editor at the Killeen Daily Herald. Wholesale electricity prices increased 65 percent in 2021, without taking into account the blackouts cost, due in large part . But it would add financial rewards for power plants that can quickly produce electricity when the grid is at its most stressed, such as during very hot or very cold days. Support the free press, so we can support Austin. [14], Power demand in the ERCOT region is typically highest in summer, primarily due to air conditioning use in homes and businesses. The legislation also changes how the Electric Reliability Council of Texas' governing board is appointed. [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]. 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. Jones' hiring as interim president and CEO, after stints as a vice president and chief operations officer at ERCOT between 2013 and 2015, provides more time for the organization to find a permanent leader. Lake and Jones said asking Texans to conserve electricity is a tool they use to ensure reliability of the power supply and should not be viewed as a sign that the grid is unstable. Greg Abbott called for reforming the governance of ERCOT, and legislation to do so is advancing through the Legislature. Austin Texas 78711 Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news. That didnt stop a Senate committee from calling the states top electricity and utility regulators to the Capitol Tuesday morning to discuss the state of the power grid following unexpected power plant outages in June, lingering issues with the states energy infrastructure from Februarys deadly winter storm and plans to implement legislation that lawmakers approved in the spring during the regular legislative session. "He brings the right combination of ERCOT knowledge and broad industry expertise needed to provide the stability and reliability that Texans expect and deserve.". Its a scenario that ERCOT forecasters originally only gave a 5% chance of happening, Jones told the Houston Chronicle. Get your TribFest tickets by May 31 and save big! 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] [15] A megawatt of electricity can power about 200 Texas homes during periods of peak demand. [50], ERCOT is governed by a board of directors and subject to oversight by the Public Utility Commission of Texas (PUC) and the Texas Legislature. The threat is real, and its happening, he said. [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. An immediate concern Jones must confront at ERCOT is the prospect of an atypical summer that pushes demand for electricity beyond normal summer peaks. He oversees Market Operations, Settlement and Retail Operations, Market Design and Development, Credit and Client Relations. 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. Seems to me we asked you to do something, and youre doing it, he said. AUSTIN (CBSDFW.COM) On July 13 the Electric Reliability Council of Texas (ERCOT) delivered what it calls a "roadmap to improving grid reliability" to . The operator of the state's main electricity grid has hired a new CEO, ending a 16-month period in the aftermath of . He has more than 25 years of experience in energy, plastics, and hydrocarbon markets. During PUC Chair Peter Lakes testimony before the House State Affairs Committee on Monday, lawmakers questioned whether the proposal would actually achieve what many Republican members appeared to most want, and what Lt. Gov. Thats because we want to stay far enough away from a rolling outage scenario that were asking for it early, Jones said to the Houston Chronicle. Jones hopes that once the state maps out all critical infrastructure in the grid by this September, "it will be much easier to track which facilities have to be weatherized to improve our overall reliability. Additionally, he is a member of the California State Bar and an inactive member of the Colorado State Bar. Three PUC commissioners, including the chair, are appointed by the governor of Texas. Jones said the June power crunch was caused by issues stemming from the February freeze. Jones was formerly a. 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. "He is an experienced leader and. A long-time leader among ERCOT stakeholders, Brad chaired ERCOT's Technical Advisory Committee, a Jobs [49] An 11-year-old boy, Cristian Pavon, who died of suspected hypothermia was among the deaths caused by ERCOT's grid system. "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? The Electric Reliability Council of Texas ensures a reliable electric grid and efficient electricity markets. Overall, Jones says, "We've been bringing on additional reserves to make sure we have an abundance of caution. The scene in North Austin on Feb. 16, 2021, following the devastating winter storm. 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. 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. "Is ERCOT a government agency? | By Matt Payne Amplify your impact and donate now. 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. On March 10, 2021, ERCOT provided an update to the Public Utility Commission of Texas on its governance status. But the gas companies that fuel them, despite being the biggest contributors to the blackout (and to Abbott's reelection campaign), didn't have to. Amplify your impact and donate now. 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. Home Tag Electric Reliability Council of Texas . or. 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.. Prior to deregulation, residential electricity rates were significantly below the national average; after deregulation, residential electricity rates increased, rising 64% between 1999 and 2007. It puts a lot of wear and tear on some of these older machines. Copyright 2021 by KSAT - All rights reserved. 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.. Tuesdays hearing was more of a status update on the power grid, but it was the first public opportunity for lawmakers to question the grid operators interim president, Brad Jones, and the three-member board of the Public Utility Commission, which oversees Jones and the Electric Reliability Council of Texas. 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. generation units 52,700+. Set thermostats to 68 degrees while at home, or as low as comfortably tolerable. (Matt Payne/Community Impact Newspaper). [20] Instead, under the deregulated regime, retailers could contract with providers across the state, creating a complex market. Texas Public Utility Commission Chair Peter Lake, appointed by Gov. READ ALSO: ERCOT hearings continue in Austin. The Electric Reliability Council of Texas (ERCOT) command center in Taylor. P.O. [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. We manage the flow of Texas' power supply. 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. Appointment. 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. [20] The 1999 deregulation also dropped limits on rate increases. ERCOT said Texans can reduce electricity use during the summer by reducing electricity use during the late afternoon hours, when demand typically peaks. 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. Energy Texas Electricity Prices Up After Post-Blackout Directives, State Increasing Capacity and Caution. If real news is important to you, please consider making a donation of $5, $10 or whatever you can afford, to help keep our journalism on stands. 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. [21] Since deregulation, retail providers and power generators were unregulated, although regulations on transmitters continued to control the placement of electrical lines. An ISO schedules power on an electric grid and ensures the grid can . My guarantee to you is that we intend to communicate more clearly than weve done in the past, Jones told lawmakers. ERCOT hires Pablo Vegas as new top executive to help manage Texas' power grid. [28], Texans outside the ERCOT-controlled grid had a different power experience. 31,546 people follow this. About See All. While Magness was fired, Walker resigned after also coming under harsh criticism from lawmakers. 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%). This spring, ERCOT forecasters predicted just a 5% chance that this summer's peak load demand would reach the levels it has. 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. power load 1,100+. 90%. Latest local news from South Texas from KSAT12. [22], In early February 2011, a major winter storm impacted Texas; freezing and extreme cold at natural gas pipelines and wells, as well as generating units (such as coal-fired power plants and wind turbines) caused power outages across Texas affecting 3.2 million customers. Reforming the governance of ERCOT, and legislation to do something, and markets! Ferman Yes, sir, Lake responded from lawmakers, including the chair are! 2022 Texas grid readiness and CDR/SARA overview WHERE: a member of the Colorado State Bar and inactive! 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