03.18.08
Energy Future Holdings Announces Sustainable Energy Advisory BoardDALLAS, TX -
Board members will provide input from environmental, economic, customer, reliability and technology viewpoints
Energy Future Holdings (EFH) today announced the formation of the Sustainable Energy Advisory Board (SEAB), fulfilling a commitment to create an advisory board comprised of individuals with deep knowledge of the issues affecting the environment, customers, Texas economic development, and reliability/technology interests.
EFH was formerly known as TXU Corp. before the company was acquired by Kohlberg Kravis Roberts & Co., TPG, Goldman Sachs and other investors last October. In connection with the acquisition, EFH and its subsidiary companies made a range of commitments aimed at providing a more affordable, more reliable, more environmentally friendly and more sustainable supply of energy to the citizens of Texas.
The SEAB will be chaired by EFH board member William Reilly, Chairman Emeritus of the World Wildlife Fund and former EPA Administrator, and will be comprised of eight additional members. Two members have been selected to represent each key stakeholder group.
“I am proud to announce the formation of the Sustainable Energy Advisory Board,” said John F. Young, CEO of EFH. “Under the leadership of William Reilly, the SEAB will be a strong voice for the communities and constituencies served by EFH and its subsidiaries.”
“I believe EFH will benefit from the knowledge and experience of each of these members, and the creation of the SEAB will allow for constructive discussion regarding the policies and practices of Energy Future Holdings,” said Reilly. “The formation of this board demonstrates EFH's commitment to doing business in a collaborative manner with interested stakeholders.”
The following members will serve on the SEAB:
Ralph Cavanagh, Senior Attorney and Co-Director of Natural Resources Defense Council's Energy Program
Cavanagh joined NRDC in 1979. He has been a visiting professor of law at Stanford University and at Boalt Hall, the law school at the University of California, Berkeley. From 1993 to 2003 he served as a member of the U.S. Secretary of Energy's Advisory Board.
Reginald Gates, President & COO, Dallas Black Chamber of Commerce
Gates leads the efforts of the Dallas Black Chamber of Commerce working to create business opportunities for local African Americans and assist with urban revitalization through business and economic development.
Karen Johnson, President & CEO, United Ways of Texas
Johnson brings a wealth of experience in law, government and private industry that define her leadership, including service as the first woman executive director of the State Bar of Texas, a special assistant in the Texas Governor's office and assistant comptroller for legal services in the State Comptroller's office. As past president of Entergy Texas, Johnson had the opportunity to know first-hand how entrepreneurial activities impact business and industry as well as our state and communities.
Sam Jones, Former ERCOT President & CEO
Jones has been active in inter-utility reliability work for over 25 years. He is a two-time past chair of the ERCOT Operating Subcommittee and the current chair of the North American Electric Reliability Council (NERC) Operating Committee. Jones has also chaired or participated in numerous NERC and ERCOT committees and task forces.
Jim Marston, Regional Director of Environmental Defense Fund's Texas Office, Head of the State Climate & Air Program
Marston leads Environmental Defense Fund's efforts on environmental policy in Texas and sets the program and policy agenda for the Texas office on issues including air pollution, water quality, and energy. Marston leads state-based efforts to reduce greenhouse gas emissions from automobiles and electric power plants.
Steven R. Specker, President and Chief Executive Officer of the Electric Power Research Institute (EPRI)
Specker has an exceptionally strong technical and business background and an in-depth and highly respected knowledge of the electricity enterprise. His 37-year career has spanned nearly every dimension of the business.
Phil Wilson, Texas Secretary of State
Texas Gov. Rick Perry named Phil Wilson as Texas' 106th Secretary of State in June 2007. Before that, Wilson served as deputy chief of staff for Governor Perry, and oversaw the governor's initiatives in economic development, job creation, federal funding issues, military base realignment and closure, and policy development.
A member with deep knowledge of issues affecting industrial customers will be selected in consultation with the Texas Association of Manufacturers and appointed in the coming weeks.
Members will serve for two-year terms, with half the board serving an initial three-year term to ensure that the terms are staggered.
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About Energy Future Holdings
Energy Future Holdings Corp., formerly named TXU Corp., is a Dallas-based energy holding company, with a portfolio of competitive and regulated energy subsidiaries, primarily in Texas, including TXU Energy, Luminant and Oncor. TXU Energy is a competitive retailer that provides electricity and related services to 2.1 million electricity customers in Texas. Luminant is a competitive power generation business, including mining, wholesale marketing and trading, construction and development operations. Luminant has over 18,300 MW of generation in Texas, including 2,300 MW of nuclear and 5,800 MW of coal-fueled generation capacity. Luminant is also the largest purchaser of wind-generated electricity in Texas and fifth largest in the United States. Oncor is a regulated electric distribution and transmission business that uses superior asset management skills to provide reliable electricity delivery to consumers. Oncor operates the largest distribution and transmission system in Texas, providing power to three million electric delivery points over more than 101,000 miles of distribution and 14,000 miles of transmission lines. While Oncor is a subsidiary of EFH, Oncor reports to a separate and independent board. Visit www.energyfutureholdings.com for more information.
Related Links
Click here for more information about the SEAB Membership.
Media
Lisa Singleton
214-812-5049
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