Taylor Prewitt is the newsletter editor for Texas Monthly. You get a lot less out of solar when the polar-vortex-type winds blow through. Your email address will not be published. And I think we really saw some results of it in 2018 when we had what used to be our winter peak demand. Texan Bob Magness became intrigued by cable TV and laid his first system in the state's panhandle region in 1956. That meeting begins at 1 P.M. and can be viewed here. Although the actual figure of his fortune is not revealed, it can be estimated in millions so far. Please enter valid email address to continue. Copyright 2023 NBCUniversal Media, LLC. Republican Gov. February 25, 2021 file photo shows Bill Magness, president and CEO of the Electric Reliability Council of Texas (ERCOT), testifying at a Committees on State Affairs and Energy Resources joint public hearing in Austin on factors that led to statewide electrical blackouts. BM: The capacity market versus the energy market has been debated very actively, with those debates happening at the PUC [Public Utilities Commission] and at the Legislature. In news conferences and in testimony before the State Legislature, Mr. Magness defended the decisions of grid operators, contending that to avert a complete collapse they had had virtually no other choice than turning to rotating blackouts. Copyright 2023 NBCUniversal Media, LLC. DeAnn Walker, the chairwoman of the Public Utility Commission of Texas, also resigned this week following calls from Lt. Gov. All Rights Reserved. 1 employee killed, 2 injured at Tennessee Volkswagen plant, Sheriff says Texas shooting suspect "could be anywhere now". Then, hours later the spokesperson issued a statement saying Magness had, "informed the ERCOT Board of Directors that he will not seek or accept the severance pay". Greg Abbott and other lawmakers, assigned blame for the outages to ERCOT, but the grids failure has also animated critics of Texas embrace of deregulation, including its desire to have a power grid of its own. The board that oversees The Electric Reliability Council of Texas, Inc. (ERCOT) held an urgent meeting Wednesday morning to discuss the winter storm that crippled most of Texas last week. The CEO of ERCOT, Bill Magness's position is temporary. Inside the Bro-tastic Party Mansions Upending a Historic Austin Community, Sex, Threats, and Late-Night Phone Calls: The Allegations From Inside Jolanda Joness Legislative Office, Texass Big Ranches Are Still Selling for Big Bucks, The Campaign to Sabotage Texass Public Schools, Opinion: Texas Needs Leadership on Its Student Mental Health Crisis, For Texass Antiabortion Movement, the Chilling Effect Is Working, Dan Patrick Tries Out a Trumpy Nickname for Texas Speaker Dade Phelan. As a controversial air monitoring program backed by NASA is conducted over Florida, congressmen see an opportunity to reduce taxpayer costs. Moreover, the decision was made after the consequences of Februarys deadly blackouts that left millions of people without electricity.
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