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Mar. 11—AUSTIN — The Public Utility Commission of Texas has announced Jeff McDonald as the director of the Independent Market Monitor (IMM) for the Electric Reliability Council of Texas (ERCOT ...
The Electric Reliability Council of Texas, Inc. (ERCOT) is an American organization that operates Texas's electrical grid, the Texas Interconnection, [3] [4] which supplies power to more than 25 million Texas customers and represents 90 percent of the state's electric load. [5] ERCOT is the first independent system operator (ISO) in the United ...
Market monitoring – an RTO must monitor market behavior and report market power abuses and market design flaws to FERC. Planning and expansion – an RTO must have ultimate responsibility for both transmission planning and expansion within its region that will enable it to provide efficient, reliable and non-discriminatory service.
The Electric Reliability Council of Texas (ERCOT) manages the flow of electric power on the Texas Interconnection that supplies power to 26 million Texas customers – representing 90 percent of the state's electric load. [3] ERCOT is the first independent system operator (ISO) in the United States [4] and one of nine ISOs in North America. [5]
Power generators in the Texas Interconnection, managed by the Electric Reliability Council of Texas, participate in an energy-only electricity market and are compensated only for the electricity they produce. The wholesale generation market was deregulated in 1995 and the distribution market in 1999, with Texas Senate Bill 7. This replaced the ...
[21] Even a year later in 2022, PJM produced only 4.7% by wind and solar, as seen in the table above, although the PJM Independent Market Monitor reported wind and solar accounted for 6.8% of PJM energy in 2022 [22] which still lags the rest of the country significantly. The low level of renewable generation on PJM is not improving significantly.
A 2019 North American Electric Reliability Corporation report found that ERCOT had a low anticipated reserve margin of generation capacity and was the only part of the country without sufficient resources available to meet projected peak summer electricity demand. [54]
WECC was designated a Regional Entity for the Western Interconnection in 2007 after NERC delegated some of the authority it had received from FERC to create, monitor and enforce reliability standards. Today, WECC is an independent organization that works with entities across the West to further the common theme of electrical grid reliability ...