real-time co-optimization (RTC)
With ERCOT’s board having asserted itself as the new sheriff in town, its stakeholders are settling themselves to a lesser role.
ERCOT’s Market Monitor released its annual State of the Market report for 2020, finding that the wholesale market performed competitively in 2020.
ERCOT’s updated report on generator outages during the February winter storm that indicates gas was the fuel source most susceptible to going offline.
Staff told the ERCOT Technical Advisory Committee that it will be asked next month to sunset the RTC Task Force and instead focus on the Passport Program.
The ERCOT Board of Directors revised its consent agenda, confirmed TAC representatives & discussed its record installation of solar generation.
ERCOT task forces working on market improvements and integrating storage brought the final results of their work to the TAC.
ERCOT staff have begun issuing price corrections and resettling 25 operating days affected by two market errors earlier this year.
ERCOT’s TAC held its first full working meeting since the COVID-19 outbreak, endorsing revision requests and learning about the grid operator's new HQ.
ERCOT stakeholders have began reviewing and commenting on the protocol changes the grid operator has drafted to add real-time co-optimization.
In its first report since the COVID-19 coronavirus pandemic forced most Texans to stay at home, ERCOT has seen a weekly 2% reduction in energy usage.
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