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. With over 20 years of experience in pharmaceutical, medtech, digital health, biotech and diagnosis, Julie's leadership approach focuses on inspiring teams to deliver sustainable growth in challenging markets and healthcare environments. Fifteen directors serve on the ERCOT board, including the four unaffiliated directors, whose resignations will be effective at the end of the meeting Wednesday. But two of the three appointees selected to pick ERCOT's next board of directors are also major donors to the state leaders who appointed them. FOX 26 Anchor Lina de Florias breaks down how much some of the political appointees donated to officials within weeks of their appointments. BILLERICA, Mass. https://t.co/TQCMuP5YGd, Dr. Melissa C. Lott (@mclott) February 10, 2021. A sixth has withdrawn his application to the board. Talberg lives in Michigan with her husband and two daughters, according to her ERCOT bio. 3. The other board members currently represent regions across the state that make up the ERCOT grid as well as nonvoting members such as the chair of the Public Utility Commission, which oversees ERCOT. }); ERCOT manages the flow of power to more than 26 million Texas residents, its website says. hitType: 'event', Sixel. The state power grid operator has been run by an interim chief since the previous CEO was fired following the deadly 2021 winter . ERCOT chooses Pablo Vegas as new CEO of Texas power grid operator | The ERCOT board meeting last week included joke about cowboy boots - KSAT Leach called it completely ridiculous and unacceptable that she lives in Texas. Elected officials in the Texas Legislature and statewide have expressed a desire for increased oversight in the selection of the leadership of the Board of Directors (BoD) of the Electric Reliability Council of Texas (ERCOT), the independent system operator responsible for operating the Texas grid. State Sen. Carol Alvarado of Houston released a letter urging the Public Utility Commission of Texas to approve only residents of Texas to fill ERCOT board vacancies. }); Fifteen members serve on the ERCOT board, including the five unaffiliated director positions. It said, Weather, more generation outages last night bring load shed to 18,500 MW. #ERCOT is a world-class grid operator that embraces innovation and competition. To allow state leaders a free hand with future direction and to eliminate distractions, we are resigning from the board.". ERCOT CEO Bill Magness has revealed that they are unsure how long the power outages will last. Governance - Electric Reliability Council Of Texas PUC appoints ex-ERCOT director to monitor power market in Texas. Ms. Talberg lives in Michigan with her husband and two daughters. ERCOT board members are appointed by the Public Utility Commission (PUC), which oversees the grid regulator. The board said he would serve in those roles for the next two months. eventAction: 'click_image_ads' ERCOT is regulated by the utility commission, but its operations are overseen by a board of directors selected mainly by a committee appointed by state leaders. "Its not an issue with the turbines outright. This material may not be published, broadcast, rewritten, or redistributed. There are a total of 16 members on ERCOT's board, which appoints officers who manage the grid manager's day-to . Bill Magness, an Austin resident, has been the . [20] The 1999 deregulation also dropped limits on rate increases. We represent to the public that ERCOT is an independent agency, and yet under the various options we have before us between the two chambers, were appointing members politically, Johnson said. Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news. Magness was already . 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. The members of a non-profit board focus on the organisation's high-level strategy, oversight, and accountability. The annual Houston Livestock Show & Rodeo is no fun and games if you don't have a ticket. ", "Texas largely relies on natural gas for power. Five members of the board of directors at Texas' electrical grid operator, ERCOT, resigned from their posts Wednesday. . She also previously served as an advisor to commissioners at the Public Utility Commission 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. Talberg earned her masters degree in public affairs from the Lyndon B. Johnson School of Public Affairs at the University of Texas-Austin. 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. 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. Winter storm blackouts plagued Texas in 2011, too. [27] At 1:25a.m. on February 15, ERCOT began requesting blackouts from service providers. the Austin American-Statesman, part of the USA TODAY Network. Astronics Corporation Appoints Linda O'Brien to Its Board of Directors MEAWW is an initialism for Media Entertainment Arts WorldWide. Congratulations to @TheLBJSchool alum @SallyTalberg (MPAff '01) for being elected the new Board Chair for @ERCOT_ISO. Former Michigan Governor Rick Snyder appointed Talberg to the Michigan Public Service Commission on July 3, 2013. He lives in Wheaton, a suburb in Chicago, Illinois. ga('ads.send', { However, he added that an indefinite blackout, in place of smaller power outages could leave Texas without power for an indefinite amount of time, possibly a month even. It's unclear whether ERCOT, which falls under the PUC's jurisdiction, can be held liable by such suits: The Texas Supreme Court is expected to decide this year whether ERCOT is entitled to sovereign immunity, a legal principle that protects government agencies from lawsuits, after hearing another case that raised the question last year. When the intense storm hit the state, major generation units failed,and operators at ERCOT ordered a series of rolling blackouts intended to protect the electric grid from catastrophic failure. Recognizing the reliability advantages of remaining interconnected, TIS members continued to operate and develop the interconnected grid. In order for ERCOT to maintain its certification as an independent organization, the board, which should consist of 16 members, must include five directors who are completely unaffiliated with any market segment. Ivey would have been the fifth unaffiliated member. Edward Stones of Houston is the Global Business Director for Energy & Climate Change for Dow, Inc. Senate Bill 2, which has cleared the upper chamber, would give the governor five ERCOT board member appointments. Some are chosen by ERCOT's own nominating committee. Ms. Talberg holds a Bachelor of Science degree in Environmental and Natural Resources Policy Studies from Michigan State University and a masters degree in Public Affairs from the Lyndon B. Johnson School of Public Affairs at the University of Texas-Austin. Executive Compensation at ERCOT | Paddock Post ", Letter here: https://t.co/xcLQOPZYiF #txlege, Cassi Pollock (@cassi_pollock) February 17, 2021. ERCOT Board Members Donations to Abbott - Reform Austin Excited and honored to serve as @ERCOT_ISO board chair! Texas's failure to prepare left the state vulnerable to winter-storm blackouts, including the major disaster that occurred ten years later in February 2021. Thanks to the board for their support and ERCOT staff for the terrific orientation. ERCOT Board Appoints New CEO | Green Electricity Choice $254,291: John Messer, Director, IT Application Development; $235,538: Amanda Bauld, Director, Project Management Office; The . April 8, 2019 | Austin, Texas | Appointment Governor Greg Abbott has appointed J. Pat Hickman, Vicki Hollub, Woody Hunt, Jim Lentz, Drayton McLane, Jr., Abid Neemuchwala, Scott Prochazka, and Bryan Sheffield to the Texas Economic Development Corporation Board of Directors for terms to expire at the pleasure of the Governor. the chair lives in Michigan and the vice chair is an economics prof in Cologne Germany. Power move: ERCOT appoints Brad Jones as interim - KXAN Austin The company also announced that Bobby J. Griffin, a director since 2006, plans to retire from the board when his current term ends at the 2023 annual meeting of stockholders.. Irvin's term runs through the 2024 annual meeting of stockholders. AUSTIN, Texas Five members of the board of directors at the entity that operates the state's electrical grid resignedfrom their posts Wednesday,according to a notice posted to the Public Utility Commission website. Gov. [42], The first lawsuits against ERCOT grid mismanagement were filed on February 19, 2021. }); eventAction: 'render' The idea behind a BOD is to have a body that safeguards shareholders' interests as they are the firm's owner. [5] ERCOT is the first independent system operator (ISO) in the United States. window.googletag.cmd.push(function() { Great news. pic.twitter.com/9v5eGt18uJ, Sally Talberg (@SallyTalberg) February 9, 2021. 2023 FOX Television Stations, Woman still waiting on repairs a year after the Texas Winter Storm, ACCIDENTAL SHOOTING: Man shot in apparent accidental shooting in Houston, police investigating, CAUGHT ON CAMERA: Houston homeowner speaks out after being victim of terrifying attempted carjacking, Tom Sizemore, 'Saving Private Ryan' Actor, Dies at 61 after suffering brain aneurysm, G.O.A.T. }); }); Caitlin Smith, an energy adviser in Austin and an ERCOT expert, raised concerns about political appointees who arent subject matter experts having access to critical information. The political appointees replace what are now called unaffiliated members, who mostly served as outside expert voices. Texas governor takes control of search for new CEO over state power Politicians previously have not had such direct involvement in the ERCOT board, whose members are currently selected in a variety of ways. gads_event = event; In a non-profit organisation, a board of directors is the governing body. The Form 990 (2018) lists 16 board members; 15 of whom have voting rights; 12 (75%) of whom are male while 4 (25%) are female. Sally Talberg, board chair; Peter Cramton, vice chair; Terry Bulger, finance and audit chair; and Raymond Hepper, human resources and governance committee chair, occupy the "unaffiliated" director positions on the board, which mean they must remain independent of any business ERCOT oversees. window.googletag.pubads().addEventListener('impressionViewable', function(event) { [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. ga('ads.send', { According to political spending tracker Transparency USA, two of the three appointees are major donors to the Texas officials who appointed them. Respectively, they were appointed by Gov. She is the vice president of regulatory and compliance at Just Energy. I doubt you could find an expert anywhere that would say eliminating the independent experts from the ERCOT board was an improvement, Cramton said.
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