TEXAS — The Electric Reliability Council of Texas (ERCOT) board of directors has selected an interim president and CEO, effective May 4.
Brad Jones is to serve as ERCOT’s interim president and CEO.
Jones has more than 30 years of industry experience, including serving as president and CEO of the New York ISO from October 2015 to October 2018.
“Over the next few weeks, I will be meeting with ERCOT staff, elected officials and leaders of various state agencies and developing a 100-day strategic plan to present to state officials and the public,” Jones said in a statement on April 27. “The plan will put ERCOT on a solid foundation for providing reliable electric service year-round.”
As reported by Transmission Hub, after Texas was hit by an extreme winter weather event in February, four unaffiliated directors from the ERCOT board provided notice of their resignation.
ERCOT stated that, given these circumstances, it was not able to fulfill certain statutory, regulatory, and governing document requirements, some for an immediate time and some possibly for an indefinite time in light of the current board composition, reported Transmission Hub.
Brad Jones is to serve as interim ERCOT president and CEO until the permanent position has been filled, up to a term of one year.
Source: Transmission Hub