Four leading board members of the Electric Reliability Council of Texas (ERCOT) announced they will resign Wednesday as the electric grid operator faces scrutiny for …
Four leading board members of the Electric Reliability Council of Texas (ERCOT) announced they will resign Wednesday as the electric grid operator faces scrutiny for its role in statewide power outages that occurred last week during a winter storm. ERCOT board chair Sally Talberg, vice chair Peter Cramton, finance and audit chair Terry Bulger and human resources and governance committee chair Raymond Hepper will resign during an ERCOT board meeting Wednesday, according to a notice filed with the Public Utility Commission of Texas (PUC). Board member nominee Craig Ivey was expected to fill a vacant position on the board but has withdrawn his application, ERCOT attorneys mentioned in Tuesday’s notice. The resignations come just two days before ERCOT and PUC leaders were expected to testify in front of lawmakers from both chambers of the Texas state legislature during a joint hearing Thursday, according to KXAN.
