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 pm1730 – 1745 price

available

Example Application

• Price fluctuations can be significant in a day• Chart from an actual Chiller & Ice Storage

application