The often embattled Electric Reliability Council of Texas (ERCOT) has a new leader.
The Electric Reliability Council of Texas' board of directors have announced they have hired Pablo Vegas, a utility executive who lives in Ohio, to be the new CEO of Texas' main power grid operator.
"In Pablo, we’ve found a leader for ERCOT with deep experience at one of the nation’s largest regulated utilities, who brings a strong record of operational excellence managing system growth with a diverse and rapidly evolving energy mix. He clearly understands the challenges we face in Texas as one of the fastest growing and most dynamic energy grids in the United States, and how to meet them,” said ERCOT Board Chair Paul Foster.
Vegas is Executive Vice President of NiSource and group president of the company's utilities.
The Indiana-based NiSource delivers natural gas to approximately 3.1 million customers across six states and electricity to about 470,000 customers in Indiana.
Vegas becomes ERCOT's first permanent chief executive in 16 months, since former CEO Bill Magness was fired in the aftermath of the February 2021 power grid disaster.
Brad Jones will continue to serve as Interim CEO until October 1, and for the following few weeks, will assist in Pablo Vegas’s transition into his new role as CEO of ERCOT.
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