"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? Brad Johnson January 20, 2023. . 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. The Texas Energy Reliability Council was established to ensure that the energy and electric industries in this state meet high priority human needs and address critical infrastructure concerns, and enhance coordination and communication in the energy and electric industries in this state. An immediate concern Jones must confront at ERCOT is the prospect of an atypical summer that pushes demand for electricity beyond normal summer peaks. That's the difference.". According to ERCOT officials, the cold weather in the area has resulted in a record-breaking demand on the power grid. However, there are a few ways you can reduce your electric usage at home. Solar: 5,381 MWh; | The Electric Reliability Council of Texas (ERCOT) command center in Taylor. Winter storm blackouts plagued Texas in 2011, too. Other senators questioned why in June, two weeks after the regular legislative session ended, some Texas power plants unexpectedly went offline, spurring ERCOT to ask Texans to set thermostats higher during a heat wave to conserve energy. The ERCOT Board of Directors today (April 27) announced the selection of Brad Jones to serve as the interim President and CEO for the Texas grid operator serving 90 percent of the state, effective May 4, 2021. In 1970, ERCOT was formed to comply with NERC requirements. Pablo Vegaswill take over the president and CEO role for the. Avoid using large appliances (i.e., ovens, washing machines, and dishwashers). Jones expressed some caution about times that are dark and still, meaning when the sun isnt shining to produce solar power and when wind isnt blowing enough to produce wind energy. Looking to avert crises like Uri in the future, Jones says, "We want to bring in as much solar and wind as we possibly can. Double your gift when you give by 6 p.m. Thursday. Brad Jones, Interim CEO, Electric Reliability Council of Texas WHAT: Summer 2022 Texas grid readiness and CDR/SARA overview WHERE: . However, due to the extreme heat this summer, its now estimated that the peak demand load could exceed 81,000 megawatts. We need a reliability standard.. 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. The document is filed in PUC Project No. September 28, 2021 | Austin, Texas VP - Commercial Operations | Electric Reliability Council of Texas. Its a scenario that ERCOT forecasters originally only gave a 5% chance of happening, Jones told the Houston Chronicle. Brad Jones became ERCOT's vice president of Commercial Operations in April 2013. ERCOT underestimated the maximum amount of power that would be demanded by homes, businesses and industry during a severe winter storm in its fall projections, and it overestimated the amount of power generation that would be available to the grid during such a storm. Copyright 2021 by KSAT - All rights reserved. The most recent conservation appeal from ERCOT to Texans and Texas businesses was sent Wednesday. "He brings the right combination of ERCOT knowledge and broad industry expertise needed to provide the stability and reliability that Texans expect and deserve.". [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. 28,461 people like this. Jakob Rodriguez is a digital journalist at KSAT 12. Public Utility Commission of Texas Chairman Peter Lake and Electric Reliability Council of Texas CEO Brad Jones will hold a press conference to discuss the readiness of the Texas power grid for the 2022 summer On this Wikipedia the language links are at the top of the page across from the article title. 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. [42], The first lawsuits against ERCOT grid mismanagement were filed on February 19, 2021. 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. ERCOT's interim president appeared before a Senate committee on Tuesday to discuss efforts to improve the state's electrical grid. Greg Abbott and many state lawmakers quickly criticized the Electric Reliability Council of Texas because several members of its large . Brad Jones, interim CEO of the Electric Reliability Council of Texas, expressed confidence in the state's grid heading into summer. In counties around El Paso in western Texas, El Paso Electric reported that, as a result of it having investing millions in cold weather upgrades after the 2011 cold snap, 3,000 customers lost power for less than five minutes. [11] ERCOT also performs financial settlements for the competitive wholesale bulk-power market and administers retail switching for 7 million premises in competitive choice areas. On Tuesday, Jones released a 60-point plan aimed at building lawmakers and the publics confidence in the power grids reliability. Battery energy storage systems (BESS), which use rechargeable batteries to close the gap (or "ramp") of about two hours that it takes to bring dispatchable generation online once solar cuts out, are another part of the solution, Jones says: "We have to make sure that we have other resources available to cover those two hours while we're bringing up slower generation." Answers to 5 questions about the group that operates Texas' power grid", "Texas has set power-demand records 11 times so far this summer", "ERCOT Expects Record Electricity Demand for Summer Heat But Projects Sufficient Generation for Power Grid", "Texas power grid CEO fired after deadly February power outages", Texas' deregulated electricity market, explained, Electric Deregulation Is Working in Texas, Says Lawmaker Who Led the Effort, Since Deregulation, Texas Utility Rates Have Soared, Texas leaders failed to heed warnings that left the state's power grid vulnerable to winter extremes, experts say. Hydroelectric Pumped Storage: -368; In the weeks since the winter storm, both ERCOT and the Public Utility Commission of Texas, the regulatory body that oversees it, have been lambasted for failures in preparing for and responding to the storm. The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to more than 26 million Texas customers -- representing about 90 percent of the state's electric load. Dan Patrick had called for Magness and DeAnn Walker, then the head of the PUC, to resign. Got something to say? Its a shame the public doesnt have confidence in the system, state Sen. John Whitmire, D-Houston, told Jones. ", Power plants had until Dec. 1 to file weatherization reports, and all did except eight, who received fines totaling $7.5 million. Recognizing the reliability advantages of remaining interconnected, TIS members continued to operate and develop the interconnected grid. generation units 52,700+. Hydroelectric Conventional: 23,086 MWh; Set ceiling fans to the winter setting by running them clockwise, to pull the warm air down. Other Gas: 972 MWh; He implored his colleagues to focus on the task at hand: What I hope, members, is that we can try to figure out how to get Texas to the next step, to the next decade [because] the demand continues to go up, and continues to go up.. [38], On February 16, Governor Greg Abbott declared that ERCOT reform would be an emergency priority for the state legislature, and there would be an investigation of the power outage to determine long-term solutions. 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. Its our 10th year participating in Amplify, and to celebrate, weve got $15,000 in matching funds from four generous Tribune supporters. Solar power doesn't work at night without battery storage, which would have to be scaled up to run for several days to get through a weeklong event like Uri. He is a past Chairman of the Edison Electric Institute's Executive Advisory Committee and a board member for the Gulf Coast Power Association. Appointment. Lawmakers cannot pass laws to improve Texas power grid during the special legislative session. Many are no longer cost competitive. To remove industry jargon, to speak to you in ways that all of us can understand.. The rule, if implemented, would punish those who failed to produce the power they promised with financial penalties. ", "I commend the ERCOT Board for confirming a leader of Brad's caliber as interim CEO," said PUC Chairman Peter Lake. 90%. Jones, who worked for Texas energy companies and in senior roles at ERCOT before leading New York state's power grid operator as president, takes ERCOT's top job from Bill Magness, who was fired as president and CEO in early March after a winter storm in February left millions of people in the dark for days amid freezing temperature and claimed more than 100 lives. Erin Douglas, Kate McGee and Jolie McCullough, This page was last edited on 24 February 2023, at 20:02. 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. Did Texas energy regulators fail to mandate winter protections? [15] A megawatt of electricity can power about 200 Texas homes during periods of peak demand. Breaking down the state's power sources from gas to wind. (Jordan Vonderhaar For The Texas Tribune, Jordan Vonderhaar For The Texas Tribune). The Electric Reliability Council of Texas (ERCOT) is a nonprofit organization that ensures reliable electric service for 90 percent of the state of Texas. Petroleum Liquids: 909 MWh; . AUSTIN, Texas -- The board overseeing the Electric Reliability Council of Texas, the independent nonprofit entity that operates and manages the electricity grid that covers much of Texas, named former executive Brad Jones on Tuesday to be interim president and CEO. Heat Wave Renews Call for Renewable Energy, Bernie, Casar Lend Support to YouTube Staff on Strike, Hundreds Die-In at Texas Capitol to Demand Movement on Overdose Crisis, I Live Here I Give Here: Amplify Austin Day. AUSTIN, Texas -- During February's deadly winter storm, Gov. Greg Abbott's now-infamous guarantee that last year's Winter Storm Uri catastrophe won't be repeated, Jones said, "We've done everything possible to make sure that the lights do stay on." [57][58] The board was also criticized for its meeting days before the storm: though the meeting lasted more than two hours, the members spent less than a minute discussing storm preparations and readiness. Heres how you can help reduce electricity use, according to ERCOT: According to officials, at this time, ERCOT has additional resources that are only available during tight conditions, so rotating outages are not likely.. He served as President and Chief Executive Officer of the New York Independent System Operator from October 2015 - October 2018. 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. He has more than 25 years of experience in energy, plastics, and hydrocarbon markets. It also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for nearly 8 million premises in competitive choice areas. ERCOT and its regulator, the Public Utility Commission of Texas, failed to adopt a mandatory standard for preparing electricity infrastructure for such occurrences (winterization), despite recommendations from the Federal Energy Regulatory Commission and North American Electric Reliability Corporation (NERC). 51878. Financial supporters play no role in the Tribunes journalism. In a Monday committee hearing, lawmakers questioned whether a Public Utility Commission proposal to redesign Texas electricity market would lead to the building of more natural-gas-fired power plants. The ERCOT Board of Directors today (April 27) announced the selection of Brad Jones to serve as the interim President and CEO for the Texas grid operator serving 90 percent of the state, effective May 4, 2021. ERCOT is the independent system operator (ISO) for the region. of Texas. [45], On February 16, 2021, it was reported that at least 10 deaths were linked to the 2021 ERCOT grid power outages. The winter storm that has moved across our region has caused temperatures to drop well below average for this time of year. 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. The same is true for critical infrastructure like hospitals, he said: utilities are trying to centralize those lines "so the power goes to the hospital, but those other 100 customers that are on that same line can now help in reducing their load.". During the war, the grid was interconnected to other states and excess power generation was sent to industries on the Gulf Coast, providing a more reliable supply of electricity for production of metal and other material needed for the war.[19]. The selection of Pablo Vegas to head the Electric Reliability Council of Texas, or ERCOT, comes about a year and half after a devastating February's 2021 winter storm left dozens dead,. Board of Directors. power load 1,100+. The PUCs proposal aims to reduce that risk to once per decade. By Matt Payne Amplify your impact and donate now. Can't keep up with happenings around town? Leaders of the Texas power grid tried to assure the public Tuesday that the states grid is ready for summer, when they forecast record-breaking demand for electricity during the hottest stretches. READ MORE: 6th ERCOT board member resigns during emergency meeting on winter storm outage. Does your plan guarantee new generation? asked state Rep. Todd Hunter, R-Corpus Christi. P.O. 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. We can help. | She is a mentor for American Corporate Partners. [47] A comprehensive review of news reports, death certificates, and lawsuit filings from every county in Texas led a team of journalists in Houston to set the death toll at 194,[48] while a later review of excess deaths by journalists at BuzzFeed estimated the full indirect mortalities to be between 426 and 978. Support the Chronicle, A wintry scene in North Austin during last February's Winter Storm Uri, Solar and wind could do the job more efficiently, advocates say, Google, Cognizant accused of illegal union-busting, Legalizing fentanyl test strips is only step one, advocates say, One click gets you all the newsletters listed below, Breaking news, arts coverage, and daily events. 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. [18], At the beginning of World War II, several electric utilities in Texas agreed to operate together as the Texas Interconnected System (TIS) to support the war effort. [4] Relatively few electric customers lost power in those regions. 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. During a press conference last week, Vegas and Lake both emphasized that the proposed changes would be technologically agnostic and would not prioritize one source of power generation over another. In counties around Beaumont in eastern Texas, Entergy suffered relatively few outages either, because of previous winterization efforts. [20] Instead, under the deregulated regime, retailers could contract with providers across the state, creating a complex market. Electric Reliability Council of Texas has 125 employees, of which 19 are in a leadership position. Industry veteran Brad Jones is taking over as interim president and CEO of the Electric Reliability Council of . Instead of waiting until the grid is already experiencing emergency conditions, ERCOT now releases conservation notices in advance of emergency conditions in an effort to avoid the scenario altogether. Patrick Svitek contributed to this story. The Electric Reliability Council of Texas (ERCOT) board has selected a new CEO and president. Mr. Jones was elected by the Board to serve as interim President and CEO until the permanent position has been filled, up to a term of one year (pursuant to ERCOT Bylaws). [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. Yes, sir, Lake responded. It puts a lot of wear and tear on some of these older machines. Any blackouts expected each year is unacceptable, Lake said, pointing out that many coal- and natural-gas-fired power plants, which can typically produce power consistently during times when renewables cannot, are being shut down. [5] If you need help with the Public File, call 210-351-1241. Matt Payne reports on Frisco City Hall and its committees, Collin County Commissioners and McKinney business. AUSTIN, Texas -- The board overseeing the Electric Reliability Council of Texas, the independent nonprofit entity that operates and manages the electricity grid that covers much of. From left: Peter Lake, chair of the Public Utility Commission of Texas, and Brad Jones, then-interim president and CEO of the Electric Reliability Council of Texas, speak at a May 17 press conference about the state power grid. [21] Since deregulation, retail providers and power generators were unregulated, although regulations on transmitters continued to control the placement of electrical lines. Austin Texas 78711 However, the Texas grid is not subject to regulation under the Federal Power Act, being an intrastate grid for the purposes of that law. If rotating outages are necessary, ERCOT will keep customers updated about the length of time it will be in effect and how the situation is progressing, according to officials. His experience includes serving as online content editor at Fort Worth Magazine and city editor at the Killeen Daily Herald. [14], Power demand in the ERCOT region is typically highest in summer, primarily due to air conditioning use in homes and businesses. The board said he would serve in those roles for the next two months. Lake said many of the changes, including better weatherization, have already improved the grids performance and that without the new regulations directed by the Legislature in 2021, the state grid would have experienced emergency condition or blackout eight times in the last 18 months. Confidential proposals were due April 9, and ERCOT received eight proposals that it is evaluating for Board consideration. In an interview with the Houston Chronicle, ERCOT Interim president and CEO Brad Jones said forecasters for the organization did not anticipate the extreme heat and projected that on the hottest day of summer, the grid demand could reach a max of 77,300 megawatts. Double your gift when you give by 6 p.m. Thursday. Ensure doors and windows are sealed properly. 9:50 AM Dec 2, 2021 CST, Brad Jones, interim president and CEO of the Electric Reliability Council of Texas, shared new accountability plans and fielded several questions in a town hall coordinated by state Reps Matt Shaheen, R-Plano, and Jared Patterson, R-Frisco, on Dec. 1 at the George A. Purefoy Municipal Center. Community See All. 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.. Disclosure: Texas Competitive Power Advocates has been a financial supporter of The Texas Tribune, a nonprofit, nonpartisan news organization that is funded in part by donations from members, foundations and corporate sponsors. 9:50 AM Dec 2, 2021 CST Energy Texas Electricity Prices Up After Post-Blackout Directives, State Increasing Capacity and Caution. Brad Jones, interim president and CEO of the Electric Reliability Council of Texas, shared new accountability plans and fielded several questions in a town hall coordinated by state Reps Matt . Dec. 5, 20223 PM Central. While Magness was fired, Walker resigned after also coming under harsh criticism from lawmakers. [20] The 1999 deregulation also dropped limits on rate increases. Greg Abbott called for reforming the governance of ERCOT, and legislation to do so is advancing through the Legislature. [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. He pointed out that even with the winterization requirements, ERCOTs own analysis still points out that there are some extreme weather scenarios that would lead to the grid not having enough power to avoid rolling blackouts. They said their agencies are better prepared for times when there is likely to be a smaller share of energy generated by renewable sources. Texas Public Utility Commission Chair Peter Lake and ERCOT President Brad Jones said the power grid is prepared for record-breaking summer electricity demand. Mr. Jones has more than 25 years of electric industry . George Presses of San Antonio is Vice President of Fuel & Energy for H-E-B, where he has worked since 1998. Taylor received a Bachelor of Science in Chemical Engineering from the University of New Hampshire. Wholesale electricity prices increased 65 percent in 2021, without taking into account the blackouts cost, due in large part . Jones said the June power crunch was caused by issues stemming from the February freeze. [16], Bill Magness, CEO of ERCOT, was fired on March 4, 2021, for his role in the 2021 power loss incident. Murphy received a Bachelor of Science in Mathematics from the United States Air Force Academy, a Juris Doctor degree from the University of Connecticut School of Law, and a Master of Public Administration from The University of Texas at San Antonio. Latest local news from South Texas from KSAT12. [31][32] Some retail electricity providers were possibly facing huge losses or bankruptcy,[33] and customers of Griddy reported receiving absurdly high electric bills. Jones said after ERCOT released an energy conservation notice on Monday, the demand was 2,500 megawatts lower than officials projected. [63][64][65], It has a headquarters in Austin and an additional complex in Taylor.[66]. The cold weather in the Tribunes journalism for nearly 8 million premises in competitive choice areas Antonio vice.: summer 2022 Texas grid readiness and CDR/SARA overview WHERE: with the Public have... Jones told the Houston Chronicle from gas to wind energy conservation notice on Monday, the first against! 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