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Texas Energy Market. About ERCOT The Electric Reliability Council of Texas operates the electric grid and manages the deregulated market for 75 percent of the state. ERCOT market participants load serving entity (LSE) a qualified scheduling entity (QSE) a resource entity (RE)
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Texas Energy Market • About ERCOT • The Electric Reliability Council of Texas operates the electric grid and manages the deregulated market for 75 percent of the state. • ERCOT market participants • load serving entity (LSE) • a qualified scheduling entity (QSE) • a resource entity (RE) • transmission/distribution service provider (TDSP). • Balancing Services • Market Clearing Price • http://mospublic.ercot.com/ercot/jsp/balancing_services_mcp.jsp
Texas Energy Market David C. Wilson davidcwilson@trane.com 2009-07-08
Market Clearing Price Webpage @ 5:28 pm 1730 – 1745 price available
Example Application • Price fluctuations can be significant in a day • Chart from an actual Chiller & Ice Storage application