Chuck Yates Got A Job

Nathan McGough, CFO BASA Resources


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After winter storm Uri nearly crashed ERCOT in February 2021, the Texas Legislature passed the "fix" to the grid. Or did they? While well intended, the legislation has a significant second order effect that may crash the grid during the next crisis.

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00:00 - Nathan Mcadoo, Baysa Energy
00:50 - Nathan’s background in energy
03:40 - Nathan's journey into oil and gas
08:20 - Overview of Baysa Energy operations
10:04 - Texas grid failure: Causes and implications
15:14 - Winter Storm Uri: Events and impact
19:50 - Understanding LARA's functionality
23:00 - Texas grid's near disaster scenario
25:50 - Hot water systems during freeze events
29:55 - Consequences of the power outage
33:50 - Role of nuclear power in energy
36:25 - Overview of ERCOT's function
37:46 - Insights on Senate Bill 3
39:00 - Importance of Critical Infrastructure Designation
41:54 - Defining what should be critical
43:50 - EEA 3 and its critical assets
48:00 - Exemption application process for critical status
51:10 - Filing hearings with the Railroad Commission
55:10 - Involvement process in LAR

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