Five board members, including the chair, who do not live in Texas will resign. A candidate for another position on the board has withdrawn his application. The vacancies will not immediately be filled.
February 23, 2021
7:19 PM ET
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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Board member nominee Craig Ivey was expected to fill a vacant position on the board but has withdrawn his application, ERCOT attorneys mentioned in Tuesday’s notice.
Four board leaders of Texas power grid operator, ERCOT, are stepping down
All of the board directors stepping down, including Chairwoman Sally Talberg, live outside of Texas, which only intensified criticism of the council
Other board members are vice chairman Peter Cramton, Terry Bulger and Raymond Hepper, who reportedly lives in Maine
Talberg lives in Michigan and Bulger lives in Illinois, according their biographies
The social media account for Cramton, who is an economics professor at the University of Maryland, shows that his location is Del Mar, California
Their resignations come amid outrage over more than 4 million customers losing power during a deadly winter freeze last week
Four board members of the Electric Reliability Council of Texas announced their decision to resign following one of the worst power outages in U.S. history.