ERCOT Board of Directors Elects New Chair and Vice-Chair

The Electric Reliability Council of Texas (ERCOT) Board of Directors today elected Sally A. Talberg to serve as their new Board Chair and Peter Cramton to serve as Vice-Chair.

Talberg recently began serving as an Unaffiliated Director on the ERCOT Board on Jan. 1, 2021, and Cramton has served as an Unaffiliated Director since October 2015.

Talberg is a former state utility regulator with 25 years of experience in energy and environmental regulatory policy. She served as a gubernatorial appointee on the Michigan Public Service Commission (MPSC) from 2013 through 2020, including more than four years as chair under two administrations.

Talberg previously served in an advisory capacity to commissioners at the Public Utility Commission of Texas and the MPSC, addressing retail and wholesale market issues, facility siting, ratemaking and other regulatory issues.

Cramton is Professor of Economics at the University of Cologne and the University of Maryland (Emeritus since 2018). Since 1983, he has conducted research on auctions and market design, with a focus on the design of complex markets to best achieve goals. Applications include electricity markets, financial markets and auctions for radio spectrum. Cramton is chief economist and advisor for startups in finance, insurance and communications.

ERCOT’s 16-member board of directors includes five independent, unaffiliated members; nine market sector representatives; the chairman of the Public Utility Commission of Texas (PUC) and the president and CEO of ERCOT.