Richard L. Scheel email & contact info

Senior Vice President and Chief Financial Officer at Electric Reliability Council of Texas (ERCOT).

Work Email

r*************@e********

Verified

Direct Phone

+1 (***) ***-****

Verified

LinkedIn URL

linkedin.com/in/••••••••

Verified

Employing Organization

Electric Reliability Council of Texas (ERCOT)

Team

Key Colleagues

Decision makers at Electric Reliability Council of Texas (ERCOT)

Roti Akanni-Owoo
Chief Audit Executive
Leslie Swanson
Controller and Treasurer
Diane Gwinn
Director of Corporate IT Services
Prabhu Gnanam
Director of Grid Planning
Penny V. Rychetsky
Director of Internal Audit (Chief Audit Executive)

Key decision makers in the same organization

Organization Signals

Public Activity & Signals

Board meetings, strategic plans, and buyer signals from Richard L. Scheel’s organization

May 19, 2026BoardMeeting

Board

Technical Advisory Committee Meeting

The committee discussed and recommended approval of Nodal Protocol Revision Request 1302, which introduces a new Market Participant Service Portal to automate various interactions and form submissions between ERCOT and Market Participants. The discussion included the transition from email-based communications to an online portal, updates to Digital Certificate requirements, multi-factor authentication, and necessary alignment with existing protocol sections concerning security and identity verification.

Jun 1, 2026BoardMeeting

Board

Electric Reliability Council Of Texas Board Of Directors Board Of Directors Meeting

The Board discussed and reviewed the Tier 1 Muscovy and Voss Lake 345/138-kV Regional Planning Group project to address reliability needs, thermal overloads, voltage violations, and power flow issues in several counties. The project, designated as Option 7A, involves new transmission lines, substation construction, and equipment upgrades at an estimated cost of $1.457 billion. The Board considered the independent review findings and the unopposed endorsement of the project by the Technical Advisory Committee. Authorization was requested to endorse the project to meet North American Electric Reliability Corporation and Electric Reliability Council of Texas reliability planning criteria, with an expected in-service date of December 2031.

Jun 1, 2026BoardMeeting

Board

Electric Reliability Council of Texas, Inc. Board Of Directors Meeting

The Board of Directors discussed and reviewed the Oncor Paris Switch to Monticello Switch 345-kV Line Rebuild Project, a Tier 1 reliability initiative. The discussion included an independent review by ERCOT staff that identified thermal overloads in Lamar, Franklin, and Titus counties and recommended a specific project option (Option 1) to meet reliability planning criteria. The Board evaluated several options, considered technical feasibility, cost, and unanimous endorsement from the Technical Advisory Committee, ultimately aiming to authorize the recommended transmission improvements.

Jun 1, 2026BoardMeeting

Board

Board of Directors Board Of Directors Meeting

The Board discussed the approval of NPRR1309 and NOGRR283 regarding the implementation of Dispatchable Reliability Reserve Service (DRRS). Key topics included the core functionality of DRRS, stakeholder feedback on demand curve design for Ancillary Service shortage conditions, shortage floor pricing, and duration requirements for DRRS and Non-Spinning Reserve Service. Additionally, the Board reviewed future optionality regarding Resource Adequacy through NPRR1310 and potential Energy Storage Resource (ESR) participation in future revisions.

Extracted from official board minutes, strategic plans, and video transcripts.

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