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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 ...
An expense and cost recovery system (ECRS) is a specialized subset of "extract, transform, load" (ETL) functioning as a powerful and flexible set of applications, including programs, scripts and databases designed to improve the cash flow of businesses and organizations by automating the movement of data between cost recovery systems, electronic billing from vendors, and accounting systems.
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]
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[1] [2] Texas RE was formed on January 1, 2010 to succeed Texas Regional Entity as the Regional Entity for the Electric Reliability Council of Texas (ERCOT). [ 3 ] [ 4 ] ERCOT is located in Texas , covering 75% of the state's land area and 90% of its electric load, making it the only Regional Entity that serves both a single interconnection ...
The Texas electricity market is deregulated, meaning that there is competition in the generation and distribution of electricity.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 official definition for an RTO: "An entity that is independent from all generation and power marketing interests and has exclusive responsibility for grid operations, short-term reliability, and transmission service within a region." [13] The designation of an RTO is largely one of scope.
From an acronym: This is a redirect from an acronym to a related topic, such as the expansion of the acronym.. Remember that an acronym is a special type of initialism that can be spoken as a word, such as "NATO" or "radar" or "ANOVA".