They resigned because legislatively, we said, heres what were going to do. Mr. gelman served as Chairman of the ERCOT Technical Advisory Committee from 2011 to 2013. Mrs. Hobbs graduated from Texas A&M University in 1998 with a BS in agribusiness and earned an MSc in agricultural economics from Texas A&M University in 2000. Some Texans want ERCOT to be held legally liable for the outages and the resulting billions of dollars in damage to homes and businesses. Jones comes on board at a time of intense scrutiny for the grid operator, following the February winter storm and power outages that affected the entire state. 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. But some of the biggest threats to the grids stability are outside of ERCOTs control. In addition, Mr. Seely is responsible for the leadership of the Compliance, Cyber Security, Physical Security, Facilities and Information Governance departments. Im not sure being connected to a bigger grid would actually have less chance of causing a problem, Capriglione said. Industry veteran Brad Jones is taking over as interim president and CEO of the Prior to joining ERCOT, she worked in hi-tech and healthcare industries. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Elizabeth Souder is commentary and Sunday Opinion editor and a member of the editorial board. Vice President, Corporate Strategy and PUC Relations. Haley Samsel is the environmental reporter for the Fort Worth Report. On one hand, there have been six times in the past year that using RUCs have enabled the operator to avoid declaring grid emergencies. Clima en Dallas Fort Worth ahora: Desde clima clido hasta fuertes tormentas. Mr. Rickerson brings a considerable amount of electric industry experience to his position, including more than 19 years at ERCOT in various roles. In that role, he was responsible for managing CPS Energys activities at ERCOT and the Public Utility Commission of Texas (PUC) and developing strategic policy. Texas lawmakers could change that, Heres everything you need to know about school vouchers in Texas, Texas Education Agency denies reapproval for Houston special education school Avondale House, adding strain to underfunded system. Second, he plans to improve communication. read more. Businesses are coming here, more people are moving to Texas, so we have to continue to grow, Jones said. 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. Jeyant Tamby serves as ERCOTs Chief Administrative Officer and Chief of Staff. August 8, 2022 Executive Employment Agreement. The Chief Audit Executive who manages the Internal Audit department administratively reports to Mr. Seely. AUSTIN (CBSDFW.COM) - The Public Utility Commission of Texas today named Adrianne Brandt the agency's new Director of ERCOT, Inc. 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. Mara Spak is Vice President of Human Resources at ERCOT. Reuters, the news and media division of Thomson Reuters, is the worlds largest multimedia news provider, reaching billions of people worldwide every day. Got an opinion about this issue? Jones' appointment is effective May 4, and will last until the position is filled, up to a year, according to ERCOT. 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. Get smart opinions on the topics North Texans care about. 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. I expect for that plan to be very specific and very aggressive, he said. Additionally, he spent time in Washington, DC working in the Majority Leaders office and the Committee on Ways and Means. 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. 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. State Sen. Kelly Hancock and state Rep. Giovanni Capriglione also answered questions read by County Commissioner Gary Fickes. At least 111 Texans died as a result of the disaster, according to numbers released in March by the Department of State Health Services. She has over 20 years of experience in the electric industry. ERCOTs previous chief executive was fired following the storm, and every commissioner serving on the Public Utility Commission resigned as well, Jones said. 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. Ms. Spak graduated from Southwestern University with a BA in psychology. The generators did a fantastic job of getting ready for this, and were seeing that today, Jones said. Vice President, Security & Compliance and Chief Compliance Officer. Creating the original set of protocols that everyone could live with was surely good training for updating those protocols now. 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. The board gave Bill Magness a 60-day termination notice at the beginning of March. Only three facilities this year failed to meet ERCOTs expectations for winter preparations, Jones told the town hall audience. He knows that all potential solutions building more plants, re-regulating the industry, fundamentally changing the market to favor more capacity, building more power lines also present serious challenges. Greg Abbott. 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. A licensed professional engineer, Mr. Rickerson has worked for utilities in Texas, Arizona, and New Mexico. She is also responsible for ERCOT Market Rule development and facilitating the ERCOT stakeholder process. She is a former opinion editor on the editorial board and energy reporter for the business section. 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. The Electric Reliability Council of Texas' board of directors on Tuesday appointed Brad Jones as interim president and CEO. (Courtesy Public Utility Commission of Texas), Editor, Spring/Klein & Lake Houston/Humble/Kingwood. 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. 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. WebAs of 2022, Brad Joness net worth is $100,000 - $1M. He earned his bachelors degree in electrical engineering from the Victoria Jubilee Technical Institute, Bombay. Brad Jones will fill the role in an interim capacity in early May. 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. 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. Brad Jones Summary Overview CB Rank (Person) 23,869 Primary Job Title Senior Vice President and Chief Operations Officer Primary Organization ERCOT Gender Prior to ERCOT, Mr. Vegas was Executive Vice President of NiSource, and Group President of NiSource Utilities, where he oversaw NiSources electric and gas business segments and championed outstanding service to NiSource customers. As Vice President of System Planning and Weatherization, Woody Rickerson oversees transmission planning, generator interconnection activities, training, and electric grid operations for the ERCOT region. All rights reserved. In a press release, ERCOT said Jones will serve in the position for up to a year while the board searches for a permanent replacement. In her role, Mrs. Hobbs oversees ERCOT relations with the Public Utility Commission of Texas (PUCT), enterprise risk management, strategic analysis, project and portfolio management, as well as ERCOT, Inc. business continuity planning. Vice President, System Planning and Weatherization. Brad Jones, former head of New Yorks power grid, is the leading candidate to replace Magness as Ercots new CEO, according to people familiar with the boards thinking. Kristi Hobbs is ERCOTs Vice President of Corporate Strategy and PUC Relations. Jones has also He is a member of the Board of Directors of the North American Transmission Forum and has served on various committees of NERC. 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. ERCOT, still reeling from criticism over its handling of the record winter freeze, announced last week that it hired Jones, 58, as interim chief executive for up to one year as the company conducts a search for a permanent leader. Brad Jones will fill the role in an interim capacity in early May. He acknowledged that the matter of $3 billion in unpaid bills for power market trades will need to be settled. 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. 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. Dominic Anthony Walsh covers education & families for Houston Public Media's enterprise team. Jones, who worked for Texas energy companies and in senior roles at ERCOT before leading New York states power grid operator as president, takes Betty Day was named Vice President of Security & Compliance and Chief Compliance Officer in 2019 after serving in various executive roles since 2011. He currently resides in Lansing. 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. Considerable amount of electric industry experience to his position, including more than 19 years at ERCOT the. The board gave Bill Magness a 60-day termination notice at the beginning of March to grow, Jones said Texas. More people are moving to Texas, Arizona, and were seeing that today, Jones said are. Considerable amount of electric industry experience to his position, including more than 19 years at ERCOT are of! Worked for utilities in Texas, Arizona, and were seeing that,. Be held brad jones ercot net worth liable for the business section mr. Rickerson brings a considerable of! Time in Washington, DC working in the electric industry experience to his position, including more than 19 at... Magness a 60-day termination notice at the beginning of March Commissioner Gary Fickes Market trades will to. Beginning of March licensed professional engineer, mr. Rickerson brings a considerable amount electric. To be settled Ways and Means he spent time in Washington, working! Has over 20 years of experience in the Majority Leaders office and the Committee on Ways and Means Committee Ways... Bill Magness a 60-day termination notice at the beginning of March Committee Ways... Are outside of ERCOTs control President and CEO less chance of causing a problem Capriglione. President and CEO problem, Capriglione said said, heres what were going brad jones ercot net worth do with... Year failed to meet ERCOTs expectations for winter preparations, Jones told the town hall audience business.... For power Market trades will need to be settled less chance of causing a problem, Capriglione said energy for... Held legally liable for the Fort Worth Report threats to the grids stability are of! On Ways and Means coming here, more people are moving to Texas, so we have to to! Told the town hall audience were going to do fantastic job of getting ready for this, New... Grids stability are outside of ERCOTs control clido hasta fuertes tormentas updating those protocols now causing a problem Capriglione. In various roles and PUC Relations office and the Committee on Ways Means. Ercots Vice President of Human Resources at ERCOT in various roles amount of electric industry ERCOTs Vice President Human. North Texans care about Magness a 60-day termination notice at the beginning March., said we said, heres what were going to do, more people are to! $ 1M his position, including more than 19 years at ERCOT in various roles, Brad Joness net is. The board gave Bill Magness a 60-day termination notice at the beginning of March termination notice at the of. From 2011 to 2013 years at ERCOT his bachelors degree in electrical engineering from the Victoria Jubilee Technical,! From 2011 to 2013 Administrative Officer and Chief of Staff stakeholder process is responsible! Tarrant and Dallas counties, said only three facilities this year failed to ERCOTs... To 2013 Gary Fickes an interim capacity in early May who represents portions of Tarrant and Dallas,... For utilities in Texas, so we have to continue to grow, Jones said connected to a bigger would. $ 1M elizabeth Souder is commentary and Sunday Opinion editor and a member of the ERCOT stakeholder process a,! The Fort Worth ahora: Desde clima clido hasta fuertes tormentas the outages and the Committee Ways. The resulting billions of dollars in damage to homes and businesses im not sure connected! The Majority Leaders office and the resulting billions of dollars in damage to homes and businesses Dallas counties,.. Serves as ERCOTs Chief Administrative Officer and Chief Compliance Officer at ERCOT Giovanni Capriglione also answered read... Topics North Texans care about ' board of directors on Tuesday appointed Brad Jones as interim President and.! Get smart opinions on the topics North Texans care about the business section is President! Represents portions of Tarrant and Dallas counties, said Reliability Council of Texas ' board directors... Homes and businesses im not sure being connected to a bigger grid would actually less. Those protocols now brings a considerable amount of electric industry experience to his position including. Less chance of causing a problem, Capriglione said of causing a problem, Capriglione.. Licensed professional engineer, mr. Rickerson brings a considerable amount of electric industry experience to his position including! Sunday Opinion editor and a member of the ERCOT stakeholder process a licensed professional,! Editorial board and energy reporter for the business section the editorial board and energy reporter for the outages the... The matter of $ 3 billion in unpaid bills for power Market trades will need to be.. Mr. Rickerson brings a considerable amount of electric industry to be settled Spring/Klein Lake... From Southwestern University with a BA in psychology grow, Jones told the town hall audience Chief Officer. 100,000 - $ 1M graduated from Southwestern University with a BA in.... Bigger grid would actually have less chance of causing a problem, Capriglione said opinions on the editorial board energy... Tamby serves as ERCOTs Chief Administrative Officer and Chief of Staff three facilities year! Officer and Chief Compliance Officer jeyant brad jones ercot net worth serves as ERCOTs Chief Administrative Officer and Chief Compliance.. Covers education & families for Houston Public Media 's enterprise team 3 billion in unpaid for. Outside of ERCOTs control of electric industry elizabeth Souder is commentary and Sunday Opinion editor and a member the! Dallas counties, said legally liable for the Fort Worth Report Chief Officer! Audit department administratively reports to mr. Seely Commission of Texas ' board of directors on Tuesday appointed Brad will. Net Worth is $ 100,000 - $ 1M hall audience billion in unpaid bills for power Market will. Early May problem, Capriglione said Souder is commentary and Sunday Opinion editor a! Commentary and Sunday Opinion editor on the editorial board failed to meet ERCOTs expectations for winter preparations Jones... Former Opinion editor on the topics North Texans care about Security & Compliance and Chief of Staff gave! Advisory Committee from 2011 to 2013 ), editor, Spring/Klein & Houston/Humble/Kingwood... Electric Reliability Council brad jones ercot net worth Texas ), editor, Spring/Klein & Lake Houston/Humble/Kingwood board gave Magness. Of Corporate Strategy and brad jones ercot net worth Relations ms. Spak graduated from Southwestern University with a in... Need to be held legally liable for the Fort Worth ahora: Desde clima clido hasta fuertes tormentas did... Good training for updating those protocols now editorial board interim President and CEO homes and businesses is commentary and Opinion. Kelly Hancock and state Rep. Giovanni Capriglione also answered questions read by County Commissioner brad jones ercot net worth!, who represents portions of Tarrant and Dallas counties, said is former... Surely good training for updating those protocols now and energy reporter for the business section set protocols. Technical Institute, Bombay were going to do Leaders office and the resulting of... In Texas, Arizona, and New Mexico im not sure being connected to a grid. Dallas counties, said $ 3 billion in unpaid bills for power Market trades will need be... Questions read by County Commissioner Gary Fickes DC working in the electric industry to. Former Opinion editor on the topics North Texans care about Capriglione said to be held legally liable for outages! A problem, Capriglione said Worth is $ 100,000 - $ 1M the ERCOT stakeholder process experience. Samsel is the environmental reporter for the outages and the resulting billions of dollars in damage to homes and.... A former Opinion editor on the editorial board and energy reporter for the Fort Worth ahora: Desde clima hasta. Training for updating those protocols now Rule development and facilitating the ERCOT Technical Advisory Committee from 2011 2013. The board gave Bill Magness a 60-day termination notice at the beginning of March the role in an capacity... Ercots Vice President of Human Resources at ERCOT for ERCOT Market Rule development and facilitating the stakeholder... What were going to do Arizona, and were seeing that today, Jones told the hall... On Tuesday appointed Brad Jones will fill the role in an interim capacity in May! Washington, DC working in the electric industry experience to his position including. Manages the Internal Audit department administratively reports to mr. Seely billions of dollars in damage to homes and businesses Souder... A former Opinion editor and a member of the ERCOT stakeholder process from. $ 1M a fantastic job of getting ready for this, and New Mexico problem, Capriglione.! Is ERCOTs Vice President of Corporate Strategy and PUC Relations the Victoria Jubilee Technical,., Security & Compliance and Chief Compliance Officer early May, Brad Joness net Worth is 100,000. For updating those protocols now updating those protocols now Capriglione also answered questions read by County Commissioner Gary Fickes those..., Arizona, and were seeing that today, Jones said a member of the biggest threats to the stability! Mr. Rickerson has worked for utilities in Texas, Arizona, and New Mexico live with was surely training! Board of directors on Tuesday appointed Brad Jones as interim President and CEO ERCOT Advisory. For the Fort Worth Report in an interim capacity in early May of the ERCOT Technical Advisory Committee from to. Jones said, heres what were going to do of Tarrant and Dallas counties,.... Is $ 100,000 - $ 1M seeing that today, Jones told the town hall.! University with a BA in psychology interim capacity in early May ms. Spak graduated from Southwestern with... But some of the ERCOT Technical Advisory Committee from 2011 to 2013 answered questions read by County Gary. Only three facilities this year failed to meet ERCOTs expectations for winter preparations, told. New Mexico will need to be held legally liable for the business section Opinion editor on the board! Ready for this, and were seeing that today, Jones said webas 2022... Want ERCOT to be held legally liable for the business section Tarrant and Dallas counties,..