The state power grid operator has been run by an interim chief since the previous CEO was fired following the deadly 2021 winter storm that crashed much of the grid.
The sun sets behind power transmission lines in Texas, the United States on July 11, 2022. The Electric Reliability Council of Texas ERCOT on Monday asked residents and businesses to reduce their power use as the heat index exceeded 100 degrees Fahre
Vegas becomes ERCOT’s first permanent chief executive in 16 months, since former CEO Bill Magness wasof the February 2021 power grid disaster, when a strong winter storm left millions of Texans without power for days after freezing temperatures shut down natural gas facilities and power plants, which rely on each other to keep electricity flowing.
Vegas, who was born in Peru and worked as president and chief operating officer for transmission company AEP Texas from 2008 to 2010, did not reply to questions emailed from The Texas Tribune on Monday. Vegas held a variety of other senior executive roles at AEP in addition to his two-year stint at the company’s Texas branch. AEP, which provides power to more than 5 million customers across 11 states, is based in Columbus, Ohio, where Vegas lives with his family.he had earned $803,000 annually.
It is unclear how much independence Vegas and ERCOT will have in running the power grid. Gov. Greg Abbott, who is running for reelection in November,how — and whether — ERCOT communicates grid information with the public since the 2021 winter storm, which has become a major campaign issue for his Democratic opponent, Beto O’Rourke.
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