Pat Wood

Hunt Energy Network

Chief Executive Officer

Pat Wood III is the past Chairman of the Federal Energy Regulatory Commission and of the Public Utility Commission of Texas, where he was a forceful advocate throughout his career for replacing government-centered monopoly regulation with customer-centered, technology-unleashing competition. Today, as CEO of Hunt Energy Network, Mr. Wood’s focus is on new power storage infrastructure, focusing on distributed assets across the lower-voltage Texas power grid. Mr. Wood has also served as a director for a number of energy infrastructure firms, including SunPower, Quanta Services, Dynegy, TPI Composites and Spring Valley Acquisition Corp. He chairs the board of Luma Energy, the Quanta-ATCO joint venture rebuilding and operating the Puerto Rico utility system. Mr. Wood holds a B.S. degree (civil engineering) from Texas A&M University and a J.D. from Harvard Law School. He serves on the Executive Board of Big Brothers Big Sisters Lone Star. He, and his wife, Kathleen, have four sons, and there is never a dull moment.

Sessions With Pat Wood

Wednesday, 9 March

  • 07:30am - 08:35am (CST) / 09/mar/2022 01:30 pm - 09/mar/2022 02:35 pm

    Repowering Texas' Energy Future

    Panel Power & Renewables

    The Public Utility Commission of Texas is redesigning one of the largest wholesale electricity markets in the nation after winter storm Uri nearly collapsed the electric grid one year ago. The historic two-phased plan lays out ambitious reforms to the Electric Reliability Council of Texas (ERCOT) market rules to strengthen short-and-long term reliability. At the same time, ERCOT anticipates renewable resources could surpass the combined capacity of nuclear, coal, and natural gas before mid-decade. The intersection of these developments raises important questions for the industry. How will electric regulators balance reliability and affordability? How are power prices and existing power plants impacted by the new rules and the surge in low-cost renewable energy? What are the opportunities and challenges for new investment in the region? And how will the industry restore public trust in the electric grid?