Five ERCOT Board Members Resign in the Aftermath of the Power Outage, Winter Storm

A CVS Pharmacy in South Austin is lit only by the lights of a parked car. Fifteen directors serve on the ERCOT board, including the four unaffiliated directors, whose resignations will be effective at the end of the meeting Wednesday. Credit: Jordan Vonderhaar for The Texas Tribune

Five board members of the Electric Reliability Council of Texas — the entity that manages and operates the electricity grid that covers much of Texas — will resign on Wednesday, according to a notice to the Public Utility Commission. A sixth has withdrawn his application to the board.

All six live outside of Texas.

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. Their resignations will be effective at the end of the board’s Wednesday meeting.

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. Craig Ivey, who was slated to fill a vacant unaffiliated director position, withdrew his application.

ERCOT board members had come under fire last week when it was reported that some did not reside in the state. ERCOT officials, during a press conference last week, said it had temporarily removed personal information about the directors from its website because they were experiencing harassment.

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. More than 4.5 million customers were without power at one point last week.

Gov. Greg Abbott had called on ERCOT board members to resign in the aftermath of the crisis and said in a statement Tuesday that he welcomes their resignations, promising to investigate the grid operator.

“I welcome the resignations,” Abbott said. “The lack of preparedness and transparency at ERCOT is unacceptable. We will ensure that the disastrous events of last week are never repeated.”

ERCOT, a nonprofit, is governed by a board of directors, but overseen by the Public Utility Commission. Fifteen members serve on the ERCOT board, including the five unaffiliated director positions. The vacancies will not immediately be filled.

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.

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SOURCE: Texas Tribune, Erin Douglas and Mitchell Ferman

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