The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas's electrical grid, the Texas Interconnection, which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load. ERCOT is the first independent system operator (ISO) in the United States. ERCOT works with the Texas Reliability Entity (TRE), one of eight regional entities within the North American Electric Reliability Corporation (NERC) that coordinate to improve reliability of the bulk power grid. As the ISO for the region, ERCOT dispatches power on an electric grid that connects more than 46,500 miles of transmission lines and more than 610 generation units. The United States Energy Information Administration Electric Power Monthly published the following detailed report regarding Texas's Net Generation by Energy Source: Total (All Sectors), 2010-December 2020, (Thousand Megawatthours), Table 1.1, for the Month of December 2020: Coal: 78,700 MWh; Petroleum Liquids: 909 MWh; Petroleum Coke: 742 MWh; Natural Gas: 125,704 MWh; Other Gas: 972 MWh; Nuclear: 69,871 MWh; Hydroelectric Conventional: 23,086 MWh; Solar: 5,381 MWh; Renewable Sources Excluding Hydroelectric and Solar: 38,812 MWh; Hydroelectric Pumped Storage: -368; Other: 1,160 MWh. According to an ERCOT report, the major sources of generating capacity in Texas are natural gas (51%), wind (24.8%), coal (13.4%), nuclear (4.9%), solar (3.8%), and hydroelectric or biomass-fired units (1.9%). ERCOT also performs financial settlements for the competitive wholesale bulk-power market and administers retail switching for 7 million premises in competitive choice areas. ERCOT is a membership-based 501(c)(4) nonprofit corporation, and its members include consumers, electric cooperatives, generators, power marketers, retail electric providers, investor-owned electric utilities (transmission and distribution providers), and municipally owned electric utilities. Power demand in the ERCOT region is typically highest in summer, primarily due to air conditioning use in homes and businesses. The ERCOT region's all-time record peak hour occurred on July 20, 2022, when consumer demand hit 79,828 MW. A megawatt of electricity can power about 200 Texas homes during periods of peak demand. Bill Magness, CEO of ERCOT, was fired on March 4, 2021, for his role in the 2021 power loss incident. The board delivered a 60-day termination notice to Magness, who had been president and CEO since 2016. The board said he would serve in those roles for the next two months. History At the beginning of World War II, several electric utilities in Texas agreed to operate together as the