ERCOT Technical Advisory Committee (TAC)

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AUSTIN, Texas — An attempt by ERCOT legal staff last week to alert stakeholders that qualified scheduling entities (QSEs) will soon be required to submit certificates for the resale of electricity resulted in a bit of a kerfuffle. Stakeholders pushed back against the proposal during the Technical Advisory Committee meeting...

AUSTIN, Texas — ERCOT stakeholders approved the creation of a battery energy storage task force as the grid operator steps up its efforts to accommodate the resource type. Sandip Sharma, ERCOT | © RTO Insider Staff told the Technical Advisory Committee on Wednesday that ERCOT is "shifting gears" and dedicating...

By Tom Kleckner AUSTIN, Texas — Normally, Texas’ electricity industry points to ERCOT’s energy-only — and deregulated — market as a model for the rest of the country to follow. Last week, however, ERCOT staffers and stakeholders gathered to hear advice from the RTOs that have already implemented real-time co-optimization...

By Tom Kleckner ERCOT's Technical Advisory Committee last week endorsed three additional “foundational pieces” to real-time co-optimization (RTC), the market tool being designed to procure energy and ancillary services (AS) every five minutes to find the most cost-effective solution for both requirements. TAC members unanimously approved the key principles in...

Technical Advisory Committee Chair Bob Helton has canceled the committee’s Aug. 28 in-person meeting because of a "limited number of items" for consideration. Instead, the TAC will hold an online information session on the Real-Time Co-Optimization Task Force’s (RTCTF) latest work to develop real-time co-optimization (RTC) principles. RTC is a...

ERCOT stakeholders last week endorsed the first batch of key principles that will lay the foundation for implementation of real-time co-optimization (RTC) in the market. The Technical Advisory Committee on Wednesday readily endorsed five principles brought forward by the Real-Time Co-optimization Task Force (RTCTF). The principles still must be approved...

AUSTIN, Texas — Unable to reach a decision on a rare update to a key metric used to determine systemwide offer caps, the ERCOT Technical Advisory Committee last week delegated a staff proposal to the Wholesale Market Subcommittee for further discussion. ERCOT has proposed lowering the peaker net margin (PNM)...

The ERCOT Technical Advisory Committee’s leadership has canceled the committee’s April 24 meeting because of a "limited number of items to be considered" and does not plan to hold an email vote. TAC Vice Chair Diana Coleman and Chair Bob Helton | © RTO Insider Instead, ERCOT will use the...

ERCOT staff last week warned that forward energy markets indicate high prices this summer, which could lead to unexpected increases in credit obligations. Given current forward prices, Mark Ruane, ERCOT director of settlements, retail and credit, told the Board of Directors during its April 9 bimonthly meeting that forward adjustment...

By Tom Kleckner ERCOT market participants last week grilled staff over the grid operator’s requests to delay generation outages in advance of an early March cold-weather event that led to a new monthly peak but ultimately did not require emergency actions. Members rained their concerns on Dan Woodfin, ERCOT’s senior...