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
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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
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