Several years ago, deregulation transformed the Texas electric system, replacing monopolies with competition. Now, in the wake of a 2003 blackout in the Northeast, Texas’ system is undergoing partial re-regulation, and Michael G. Grable has his hand on the switch.
In January, Grable became vice president, general counsel and secretary of the Electric Reliability Council of Texas, which manages the Texas electric grid and oversees the state’s deregulated electricity market. ERCOT is a nonprofit corporation overseen, funded and regulated by the Public Utility Commission of Texas, a state agency. Before joining ERCOT as an assistant general counsel, he served as a staff member for PUC and as a regulatory attorney in Washington, D.C.
