", The resigning members also said they wanted to "acknowledge the pain and suffering of Texans during this past week" and noted that many Texans are still facing "the tragic consequences of this emergency.". Records indicate she lives in Williamston, Michigan. On Tuesday, Abbott said ERCOT's "lack of preparedness" for the storm has made him "welcome the resignations. Amid the crisis situation, it has come to light that five of the fifteen officials serving on ERCOT's (The Electric Reliability Council of Texas) board of directors are non-natives of the state itself. MEAWW brings you the best content from its global team of John Swainson is the Executive Chairman of Travelport, a business-to-business marketplace for travel information, and an Executive Partner at Siris Capital, a technology-focused private equity firm. }); He has previously served as Chairman of the University of Texas System Board of Regents as well as a member of the Texas Higher Education Coordinating Board, the University of Texas System Lands Advisory Board, and the El Paso Branch of the Dallas Federal Reserve Bank. Leach has been vocal on Twitter about his criticisms of ERCOT. Vice Chairman Peter. She began serving as an unaffiliated director on the board January 1, 2021. It just cannot be that way here in the Lone Star State.. Winter storm blackouts plagued Texas in 2011, too. State leaders continue to probe what went wrong with the power grid during the Feb. winter storm and what can be done to keep it from happening again. Pablo Vegas joined ERCOT in October 2022 as President and CEO. A candidate for another position on the board has withdrawn his application. Shane Jenkins, the WVSF board president, said last year's parade "simply did not live up to our standards" due to a "decline in participation." Jenkins wrote the following in a social media post [] hitType: 'event', Three other ERCOT board members also appear to live thousands of miles from Texas. In a joint resignation letter, Talberg, Cramton, Bulger and Hepper acknowledged "the pain and suffering of Texans during this past week" and cited objections to their residency as a motivating factor for their resignations. Instead of rolling blackouts,more than 4 million people were left without electricity for days. Board members Vanessa Anesetti-Parra is a resident of Toronto at present. Electric Reliability Council of Texas - Wikipedia A massive blackout in Texas shined a spotlight on a policy: ERCOT officers and directors are not required to live in Texas, and Chairwoman Sally Talberg lives in Michigan. The Texas House has already approved House Bill 10, which would remove independent outside voices on the ERCOT board and replace them with five political appointees. ERCOT leadership names removed because of threats Anesetti-Parra lives in Toronto. Well, now that the glare has turned on ERCOT, it has removed the board members names from its website. Five out-of-state ERCOT board members resign | wfaa.com - KHOU pic.twitter.com/9v5eGt18uJ, Sally Talberg (@SallyTalberg) February 9, 2021. And Cramton could not be reached for comment. Its not an issue with the turbines outright. WFAA conducted a 20-minute interview with the CEO of ERCOT Tuesday morning, talking about the current electric crisis in Texas. In a joint letter to the rest of the board, the four unaffiliated directors cited the public concern that board members did not live in the state as the reason for their resignation. by Erin Douglas and Mitchell Ferman In addition, Vanessa Anesetti-Parra, the market segment director for the independent retail electric provider market segment, will also resign her position as a board member. Bill Flores is an entrepreneur, business leader, and public policy leader. } Another provision of both chambers' legislation requires all board members to reside in Texas, which would prevent experts like Cramton from sitting on the ERCOT board in the future. You know all those things are on the table. WFAA also tried calling the three board member, but were unsuccessful. While with NiSource, he was also chairman on the board of directors for One Columbus and a board of trustees member for the American Gas Foundation. Dr. Carlos Aguilar is the President and CEO of Texas Central and will now serve on the governing board that oversees the state's electric grid. At its head is Talberg, who lives in Michigan far from the blackouts, officials said. While his decision was lauded by many, a few others backfired the blame towards him, for deregulating and privatizing ERCOT, and thereby hampering its operational efficiency. But I think there was no impact of the chair or the ERCOT board member directors on the weather or on the decisions we had to make to avoid a catastrophic black out.. He began serving as an unaffiliated director on the board in October 2015. Other ERCOT board members who records indicate live out-of-state include: WFAA asked ERCOT for their board member contact phone numbers and emails, but did not receive a response. The Texas Tribune is a nonprofit, nonpartisan media organization that informs Texans - and engages with them - about public policy, politics, government and statewide issues. There are a total of 16 members on ERCOT's board, which appoints officers who manage the grid manager's day-to-day operations. Mr. Lake has held a variety of financial roles across a number of industries. }); Some of the other members include Terry Bulger, Mark Carpenter, Lori Cobos, Keith Emery and Nick Fehrenbach some of whom do not even remotely hail from a background in energy and power segment. "To allow state leaders a free hand with future direction and to eliminate distractions, we are resigning from the board effective after our urgent board teleconference meeting adjourns on Wednesday, February 24, 2021. The board has been criticized for last week's mass power outage during a winter storm that has claimed the lives of dozens of Texans. "From the consumer standpoint, we really depend on those unaffiliated directors to make decisions that are in customers' interest and in the interest of the overall health of the ERCOT market," Katie Coleman, who represents Texas Industrial Energy Consumers, said at a recent industry conference. Texas has dodged federal regulation for years by having its own power grid. Dr. Aguilar has a combined understanding of both multi-party negotiations and complex financing structures and on-the-ground challenges of engineering and construction management and safety. Vanessa Anesetti-Parra was listed as serving as vice president of regulatory and compliance for an energy company. In addition, Mr. Lake served as Director of Special Projects for VantageCap Partners. Due to concerns about possible safety threats, state officials confirmed that they pulled down most of the ERCOT webpage that revealed photos and biographies of each board member. Thanks to the board for their support and ERCOT staff for the terrific orientation. The operator said in November that it anticipated "sufficient installed generating capacity" during the "peak demand" through spring, although it did note that this announcement was based on what "typically" occurs every season and in extreme weather conditions. She earned a degree in studio art in 2018 from Southern Methodist University. hitType: 'event', Vice Chair Peter Cramton is a professor at the University of Cologne in Germany and the University of Maryland. Just an FYI, five members of the ERCOT board of directors live out of state. glendale dmv driving test route selects academy at bishop kearney tuition ERCOT manages the flow of electric power in Texas and is responsible for ensuring the one independent power grid in the country is up and running as it should. She previously served as a Commissioner on the Texas Lottery Commission and has also been a director on numerous boards in the energy sector. Daniel Enrquez Vidaa - President & Member of the Board of Directors } On Tuesday, he shared ERCOTs tweet. We would like to congratulate Sally and Peter on their new roles on the ERCOT Board, and look forward to working with them on addressing the challenges of an evolving grid in the years to come, said ERCOT President and CEO Bill Magness. It said, Weather, more generation outages last night bring load shed to 18,500 MW. The five members, who do not live in Texas, include even the chairwoman and the vice-chairman reported Austin American Statesman . Three other ERCOT board members also appear to live thousands of miles from Texas. Records show the two top office holders of the 15-member board of the Electric Reliability Council of Texas (ERCOT), live out-of-state. BRIGHT SIDE? "The 87th Texas Legislature provided clear direction on ERCOT . : Houston looks pretty good in the snow. Mr. Lake graduated with a BA in public policy with a specialization in economics from the University of Chicago, and he earned an MBA from Stanford Universitys Graduate School of Business. That the tornado shelter or fraidy-hole as they call it on my folks farm. "You had the independent voice there to check market participants," Wood said. Show us with your support. People who are making literally life and death decisions on behalf of our families and our communities dont even live in the state of Texas, Leach said. Raymond Hopper is another non-native member who lives in Auburn, Maine. ERCOT CEO Bill Magness has revealed that they are unsure how long the power outages will last. Records indicate he now lives in Maine. Mr. Flexon currently serves as Chair of the Pacific Gas & Electric Board of Directors, Chair of Capstone Green Energy, and member of Charah Inc. Kathryn Adams Limbaugh Announced Husband Died on The Rush Limbaugh Show. ERCOT representatives did not return calls seeking comment, but in a statement it said: "We look forward to working with the Texas Legislature, and we thank the outgoing Board Members for their service.". ", Letter here: https://t.co/xcLQOPZYiF #txlege, Cassi Pollock (@cassi_pollock) February 17, 2021. / CBS News. 5 board members of Texas utility grid operator ERCOT quit. They all The ERCOT website biographies prior to being pulled down listed ERCOT Chair Sally Talbert as a former state utility regulator in Michigan. State officials criticized ERCOT amid the blackouts and state lawmakers scheduled legislative hearings for Thursday and Friday to discuss the outages. Craig Ivey, who was a candidate to serve on the board, has also rescinded his candidacy, effective Tuesday, to "avoid becoming a distraction." Pals nominating pals who nominate other pals to this board in Texas? },false) And you dont even have to live there? eventAction: 'load' Texas storm exposes massive oversight issues with state power grid, Matthew McConaughey eyes potential run for Texas governor, Another Texas power company goes bankrupt after blackout, Oldest Texas electricity co-op goes bust after $2 billion bill, Texas crisis highlights vulnerability of U.S. power grids, Biden touts bipartisanship on Texas visit. "Obviously the down side is they're political appointees looking after the political interests of those that appoint them.". Craig Ivey, who was slated to fill a vacant unaffiliated director position, withdrew his application. "I cannot imagine how this change could improve resilience to winter storms," Cramton said. President & Member of the Board of Directors. Is ERCOT Publicly Traded? - Market Realist ERCOT is governed by a board of directors and subject to oversight by the Public Utility Commission of Texas (PUC) and the Texas Legislature. DALLAS A third of the board of directors that operate the state's electrical grid do not appear to live in Texas, and their performance in wake of widespread outages has led to a. [52] [12] The PUC has primary jurisdiction over activities conducted by ERCOT. 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. However, the blackouts quickly became serious as millions of Texans lost power for hours in frigid temperatures. Rep. Jeff Leach, R-Plano, told WFAA that he was totally shocked to learn a third of the ERCOT Board of Directors lived outside Texas. Commissioner Talberg previously served as an analyst at the Michigan Public Service Commission, managed enforcement and contested cases at the Michigan Department of Environmental Quality, and advised commissioners at the Public Utility Commission of Texas. Among the conversations to be had are how much the state should depend on wind power, which did collapse as demand surged but has bounced back, and if were going to depend on wind then why dont we winterize the windmills in West Texas? She has also served in an advisory capacity to commissioners at the Public Utility Commission of Texas and the Michigan Public Service Commission, addressing retail and wholesale market issues, facility siting, ratemaking, and other regulatory issues. Cramton has focused his research on electricity and financial markets. @ERCOT_ISO Board of Directors elected newcomer @SallyTalberg to a three-year term as its chair and six-year veteran Peter Cramton as its vice chair. His work has emphasized job creation and retention while generating significant value for investors, including public company shareholders, private-equity investors, public sector pensions, and retirement funds. Others are appointed by companies and consumers participating in the electricity market, with members representing various power sources. Four members of Texas power grid operator ERCOT's board to resign in Feb. 23, 2021 She began serving as an unaffiliated director on the board January 1, 2021. That part of the state gets hurricanes but it doesnt usually get ice and snowstorms. "If you're looking at information and you don't understand what it's saying, I think that increases the risk of that critical information," Smith said. Ivey, whose appointment was approved by ERCOT's members but was pending final approval from the PUC, is retired from more than three decades of experience in the utilities industry. Leach called it completely ridiculous and unacceptable that she lives in Texas. Through her involvement with the National Association of Regulatory Utility Commissioners (NARUC), Commissioner Talberg served on the NARUC Committee on Gas and on the Federal-State Joint Boards on Jurisdictional Separations and Universal Service. For one thing, about a third of its members dont even live in Texas. ERCOT Chair Sally Talberg lives in Michigan and served on the Michigan Public Service Commission until 2020, according to her ERCOT biography. The legislature is angry. Texas has consistently refused to weatherize their energy infrastructure because it doesnt get cold here. Former PUC Chair Pat Wood, speaking at a recent industry conference alongside Coleman, echoed some of Coleman's and Cramton's concerns. The Texas Railroad Commission regulates oil and gas production in the Lone Star State, which is the nations top energy-producing state. From 2013-2019 she served on the NARUC Committee on Telecommunications and on the board of directors of the Organization of MISO States, of which she was President in 2016. who appoints ercot board of directors - trinayani.org No time to waste. Excited and honored to serve as @ERCOT_ISO board chair! Im frustrated and cannot believe that the board chair of our leading energy decision maker doesnt even live in Texas, but lives in Michigan. Places with much colder climates than Texas use wind turbines with no issues. Demi Moore has not left Bruce Willis's side and is doing everything to make his 'last moments happy', 'Stop it!' pic.twitter.com/jG0yPQPtz1. Freezing temperatures wont even leave central Texas until Friday. One former board member who resigned after the storm, Peter Cramton, criticized legislation for politicizing the grid operator's board.
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