In a statement, the board of the Electric Reliability Council of Texas, or Ercot, said it was exercising a 60-day termination notice for Mr. Magness, who has served as president and CEO since 2016. The board said Mr. Magness would continue to serve in his current roles for the next two months and will “work with state leaders and regulators on potential reforms to ERCOT.
In hearings in the state capitol, Mr. Magness was applauded by some lawmakers for preventing a more serious and long-lasting shutdown of the grid, but also criticized for not doing more to prevent the problems altogether by getting power plants and gas suppliers to be better prepared for winter weather.
Buy a Generac and avoid power company shenanigans. PlanningIsEverything TexasPowerGrid is a Sham!
Fire GovAbbott too. BetoForGovernor Beto2022
HOW much CASH did he make off Ercot?
If only texans could run their power grid on republicans gaslighting
Go back to the board and tell them they need to get rid of ERCOT_ISO before Texas believes they are serious about changes. Cut ERCOT.
Check out his Golden Parachute. Millions.
His penalty..A few million in severance, a bit more in stock options and retain the Country Club membership. He’ll be fine.
Do you think this is what people really need right now?
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