ERCOT issues 2015 State of the Grid Report - NEC Coop
Feb 9, 2016
AUSTIN, TX, Feb. 9, 2016 — ERCOT, the operator of the electric grid and market serving most of Texas, today released its State of the Grid Report for 2015. The report highlights achievements and accomplishments in the past year that reflect ERCOT’s core values of accountability, leadership, innovation, trust and expertise.
“From setting a new all-time peak demand record to the integration of record amounts of renewable wind generation resources into our system, ERCOT continues to evolve to meet the demands of the region,” said ERCOT President and CEO Bill Magness. “I’m immensely proud of the work our team did to fulfill our promise to people within the ERCOT region.”
Also summarized in the 2015 report is the successful transition to a new CEO and other changes within the ERCOT leadership team. That includes the hiring of Magness to succeed Trip Doggett, who retired as the longest-serving CEO in ERCOT’s history, and the announcement of Cheryl Mele as Chief Operating Officer (beginning Jan. 18, 2016).
Additionally, the report provides updates on a number of ERCOT initiatives and milestones, which included setting new wind generation records on eight different occasions.
The report — “Your Power. Our Promise.” — also highlights ERCOT’s commitment to ensuring electricity goes where it is needed — and planning ahead to continue fulfilling that promise as grid conditions and resources change. Details of those efforts are grouped according to the ERCOT core values they demonstrate.
The 2015 State of the Grid Report is available online now.
The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power to nearly 24 million Texas customers, representing about 90 percent of the state’s electric load. As the independent system operator for the region, ERCOT schedules power on an electric grid that connects more than 43,000 miles of transmission lines and 550 generation units. ERCOT also performs financial settlement for the competitive wholesale bulk-power market and administers retail switching for more than 7 million premises in competitive choice areas. ERCOT is a membership-based 501(c)(4) nonprofit corporation, governed by a board of directors and subject to oversight by the Public Utility Commission of Texas and the Texas Legislature.