Platts Real-time co-optimization of energy and ancillary services would have saved the Electric Reliability Council of Texas $58.5 million when a ramping capacity shortage on January 23 caused real-time prices to hit $9,000/MWh, board members learned Tuesday. During Tuesday’s ERCOT…
Tag: ERCOT
ERCOT admits to violating Texas PUC rules on pricing, disclosures
Platts The Electric Reliability Council of Texas has notified state regulators it has violated several state regulations and ERCOT protocols affecting prices and other issues, some since ERCOT’s nodal market start-up in December 2010, which one trader on Tuesday said…