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El Paso businessman Paul Foster appointed to ERCOT Board Selection Committee

Posted on AllSides June 24th, 2024
From The Center

AUSTIN, Texas (KVIA) -- Texas Governor Greg Abbott appointed El Paso businessman Paul Foster to the Electric Reliability Council of Texas (ERCOT) Board Selection Committee. Foster's term will expire "expire at the pleasure of the Governor," Abbott's office explained Monday. ERCOT is the major grid operator that controls about 90% of the state’s electric load, not including El Paso. In February 2021, a massive winter storm caused rolling power outages across the ERCOT grid. Foster is a former chairman of the ERCOT Board of Directors, UT/Texas A&M Investment Management Company,...

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