ERCOT market

E640595

The ERCOT market is the competitive wholesale and retail electricity market operated by the Electric Reliability Council of Texas, covering most of Texas’s power grid.

All labels observed (4)

Label Occurrences
ERCOT grid 1
ERCOT market canonical 1
ERCOT power grid 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf electricity market ⓘ
organized power market ⓘ
retail electricity market ⓘ
wholesale electricity market ⓘ
aimsTo ensure reliable electricity supply in most of Texas ⓘ
promote competition in electricity supply ⓘ
country United States ⓘ
covers most of the Texas power grid ⓘ
currency United States dollar ⓘ
linked to: US dollar
dataPublishedBy Electric Reliability Council of Texas ⓘ
governedBy ERCOT protocols ⓘ
Public Utility Commission of Texas rules ⓘ
hasCharacteristic energy-only market design ⓘ
limited interconnection with other U.S. grids ⓘ
scarcity pricing mechanisms ⓘ
hasFeature competitive retail market ⓘ
competitive wholesale market ⓘ
nodal market design ⓘ
hasMechanism market-based congestion pricing ⓘ
operating reserve demand curve ⓘ
scarcity price adders ⓘ
hasParticipant generation companies ⓘ
large industrial customers ⓘ
power marketers ⓘ
qualified scheduling entities ⓘ
retail electric providers ⓘ
transmission and distribution utilities ⓘ
hasRisk exposure to extreme weather events ⓘ
price volatility ⓘ
includes ancillary services market ⓘ
congestion management ⓘ
energy market ⓘ
interconnection ERCOT grid ⓘ
locatedIn Texas ⓘ
monitoredBy Public Utility Commission of Texas ⓘ
notSubjectTo Federal Energy Regulatory Commission jurisdiction for most wholesale rates ⓘ
operatedBy Electric Reliability Council of Texas ⓘ
regulates retail electricity transactions in most of Texas ⓘ
wholesale electricity transactions in most of Texas ⓘ
sector electric power ⓘ
subjectTo Texas state regulation ⓘ
supports renewable energy integration ⓘ
solar power generation ⓘ
wind power generation ⓘ
timeZone Central Time ⓘ
uses day-ahead market ⓘ
locational marginal pricing ⓘ
real-time market ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Reliant Energy → regionServed → ERCOT market ⓘ
Comanche Peak Nuclear Power Plant → gridName → ERCOT grid ⓘ
linked to: ERCOT market
Comanche Peak Nuclear Power Plant → electricityMarket → Texas wholesale power market ⓘ
linked to: ERCOT market
Electric Reliability Council of Texas → interconnection → ERCOT power grid ⓘ
linked to: ERCOT market